Ads 468x60px


Nifty Closed Near 5000

TechnicalTrendz:Weak global cues and profit booking saw the market end at almost the low point of the day. Sensex closed at 16866, down 268 points and Nifty at 5003, down 80 points from the previous close. CNX Midcap index was down 1.52% and BSE Smallcap index was down 2.09%. The market breadth was negative with advances at 232 against declines of 1056 on the NSE.

TT:Any Stocks breached their trend today ?

BEAR:SAIL & NTPC breached its 6 month old trend line.Please check SAIL graph below.

BULL: stocks like LT,ICICI BANK,RIL didn't fall that much as expected is a good sign