Track trends of NSE Nifty, BSE Sensex, Stocks & MCX Commodities in India

This blog is dedicated to track trends of BSE Sensex, NSE Nifty, Individual stocks and commodities traded on the Indian Stock and Commodity Exchanges. TrendCues.com endeavours to forecast the market trends using Technical Analysis tools on online price charts.

Monday, July 7, 2008



Sensex Targets 12000 in a downward channel


Sensex moves in a downward channel targeting the support at 12000. The middle line of the channel acts as a strong resistance around 14000. This downward movement is in line with our earlier post forecasting the bearish trend for July 2008. In the previous post the target was fixed at 12245 for the ongoing bearish trend. Now it is not too far to reach as the market loses steam day by day. Market outlook for Sensex is very weak and it is expected to test support at 12000 within few trading sessions from now.

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posted by TrendCues.com @ 10:49 PM  

7 Comments:

  • At September 12, 2008 4:07 PM , Blogger KnowYourProfit said...

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    Companies which will benefited includes mainly

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    and the list had few more names..

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  • At October 29, 2008 12:24 PM , Anonymous Anonymous said...

    Dear Visitors,
    Now we have seen that Nifty has already cracked down alot due to recession fear. Reality sector was the worst affected in this fall. Stocks like WWIL, Unitech etc has fallen quite drastically. Investors are loosing confidence in the market. Maximum stocks are trading atleast 30% down from there 52 week high in Indian stock market .

    Now one can think of buying stocks for Long term.

    Few best stocks to be picked are:-

    1. Reliance
    2. Suzlon
    3. Sesagoa
    4. LT

    Just grab these stocks at every dip and stay invested for atleast 3 months and see the appreciation yourself.

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  • At February 27, 2009 4:15 PM , Anonymous sharetipsinfo said...

    In the time of recession one job or one work is hardly fulfilling needs of people. So everyone is looking for supplementary source of income.
    Now the question is what can be that source of income in such a bad phase of economy??

    Well it’s very difficult to start new business at this point of time as it requires lot of cash and efforts. So again question is how to make more money in such conditions when needs are same and income is low?

    We strongly suggest that if you like to take bit of risk and don’t want to spend too much money and time on new venture then stock market is the right place for you.
    To be very frank this is not the right time for investment that is for long term to medium term investment but every day is a favourable day for day trading. No matter if NSE or BSE
    is bullish or bearish as In stock market one can earn in both of these trends.


    So just think about it and see if stock market can be the right place to make some extra money.


    Please feel free to contact us for any query.


    Regards
    SHARETIPSINFO TEAM

     

  • At February 27, 2009 4:15 PM , Anonymous sharetipsinfo said...

    In the time of recession one job or one work is hardly fulfilling needs of people. So everyone is looking for supplementary source of income.
    Now the question is what can be that source of income in such a bad phase of economy??

    Well it’s very difficult to start new business at this point of time as it requires lot of cash and efforts. So again question is how to make more money in such conditions when needs are same and income is low?

    We strongly suggest that if you like to take bit of risk and don’t want to spend too much money and time on new venture then stock market is the right place for you.
    To be very frank this is not the right time for investment that is for long term to medium term investment but every day is a favourable day for day trading. No matter if NSE or BSE
    is bullish or bearish as In stock market one can earn in both of these trends.


    So just think about it and see if stock market can be the right place to make some extra money.


    Please feel free to contact us for any query.


    Regards
    SHARETIPSINFO TEAM

     

  • At February 27, 2009 4:15 PM , Anonymous sharetipsinfo said...

    In the time of recession one job or one work is hardly fulfilling needs of people. So everyone is looking for supplementary source of income.
    Now the question is what can be that source of income in such a bad phase of economy??

    Well it’s very difficult to start new business at this point of time as it requires lot of cash and efforts. So again question is how to make more money in such conditions when needs are same and income is low?

    We strongly suggest that if you like to take bit of risk and don’t want to spend too much money and time on new venture then stock market is the right place for you.
    To be very frank this is not the right time for investment that is for long term to medium term investment but every day is a favourable day for day trading. No matter if NSE or BSE
    is bullish or bearish as In stock market one can earn in both of these trends.


    So just think about it and see if stock market can be the right place to make some extra money.


    Please feel free to contact us for any query.


    Regards
    SHARETIPSINFO TEAM

     

  • At February 27, 2009 4:15 PM , Anonymous sharetipsinfo said...

    In the time of recession one job or one work is hardly fulfilling needs of people. So everyone is looking for supplementary source of income.
    Now the question is what can be that source of income in such a bad phase of economy??

    Well it’s very difficult to start new business at this point of time as it requires lot of cash and efforts. So again question is how to make more money in such conditions when needs are same and income is low?

    We strongly suggest that if you like to take bit of risk and don’t want to spend too much money and time on new venture then stock market is the right place for you.
    To be very frank this is not the right time for investment that is for long term to medium term investment but every day is a favourable day for day trading. No matter if NSE or BSE
    is bullish or bearish as In stock market one can earn in both of these trends.


    So just think about it and see if stock market can be the right place to make some extra money.


    Please feel free to contact us for any query.


    Regards
    SHARETIPSINFO TEAM

     

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