Market Review for 2nd July (India)

Posted on July 2nd, 2008 by admin

BSE Sensex: (12962) the market cracked once again as expected and came down towards our target of 12787…looks like our target will be achieved as the market is not giving any signs of holding out.
The target for the Sensex is 12787-12434 and resistance to the up move at 13240. NSE Nifty: (3897) the support for [...]

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Market Review for 1st July (USA)

Posted on July 1st, 2008 by admin

The major averages finished mixed and the DJIA closed out the month with the worst performance for June in 78 years.
Stocks rallied early on some encouraging economic news, the June Chicago purchasing manager index was reported at 49.6, just shy of the 50 level, which indicates expanding manufacturing activity.
Helping the rally was oil prices pulling [...]

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