13-11-2007

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IN SPITE OF WEAK US MARKETS, DEVASTATING ASIAN MARKETS, POOR I I P NUMBERS, DEPRESSING ANNOUNCEMENTS BY BULLS CONVERTED INTO BEERS FOR THEIR OWN TRADING INTEREST , BEERISH ENVIRONMENT ALL ACROSS THE FINANCIAL NEWS CHANNELS, THE INDICES SHOWED RESILIENCE & CLOSED AT LESS THAN 1 % DOWN WHERE AS MOST OF ASIAN MARKETS HAD GONE DOWN BY MORE THAN 3 %. THAT TOO THIS SMALL DOWN MOVE WAS WITH VERY LOW VOLUMES COMPARED TO OTHER DAYS .THIS SHOWS THE DEPTH OF OUR MARKETS.
NSE Index (C-5617.10) Resistance 5695 5770
NSE Index Support 5585 5510 5400
Stocks 4 Trading:-RNRL RELIANCE ENERGY IFCI WELSPUN GUJARAT TATA POWER MCDOWELLS
SBI L&T