Prakash Gaba is a well known and sought after Technical Analyst and a fine Technical Trader. The analyst said ‘Technically the tend is still intact up though the market is in stretched mode…the market is likely to test the all time high of 5310 and in the trading days ahead ...

We said ‘The market unfolded beautifully as expected as the market was overbought and many of the sectors were at their natural resistance zones. Technically the market has taken support near the psychological 4800 mark and has closed right on our support of 4940 but structure wise all is not ...

Last Week ( 19 to 23 Oct 09 ) : On a week-on-week basis, the BSE Sensex lost 515 points or 3.06% to close at 16,810.81. The S&P CNX Nifty, on the other hand, finished the week at 4,997.05, down by 145 points or 2.8%. During the past week, inflation ...

Last Week ( 5 to 9 Oct 09 ) : On a week-on-week basis, the BSE Sensex lost 492 points or 2.9% to close at 16642.66. The S&P CNX Nifty on the other hand finished the week at 4945.2, down by 138 points or 2.7%. During the past week, two ...

Last Week ( 21 to 25 Sep 09 ) : On a week-on-week basis, the BSE Sensex lost 48 points or 0.29% to close at 16693. The S&P CNX Nifty on the other hand finished the week at 4958.95, down by 17 points or 0.34%. The past week had been ...

Last Week ( 14 to 18 Sep 09 ) : Last week the BSE Sensex gained 477 points or 2.9% to close at 16741.30. The S&P CNX Nifty ended at 4975.95, up 146 points or 3.0%. Most of the countries remained favourable for the equities across the globe. In India ...

[caption id="attachment_1824" align="alignleft" width="203" caption="BSE / NSE"][/caption] Last Week ( 7 to 11 Sep 09 ) : The Indian market maintained a positive sentiment during last week. Last week was important as both the indices (Sensex and Nifty) breached their recent high and made a fresh high of 16435 and 4889 respectively ...

[caption id="attachment_1610" align="alignleft" width="203" caption="BSE / NSE"][/caption] Last Week ( 31 Aug to 4 Sep 09 ) : The market remained extremely choppy and range bound for the previous week except on the last trading day. Both indices started the week with a weak undertone on negative sentiments across the globe. ...

[caption id="attachment_1490" align="alignleft" width="203" caption="BSE / NSE"][/caption] Last Week ( 24 to 28 Aug 09 ) : Nifty on August 28, 2009 hit its highest level in nearly 15 months. On a week-on-week basis the Indian markets came back in the positive territory again after strong recovery during the previous ...

[caption id="attachment_1395" align="alignleft" width="203" caption="BSE/NSE"][/caption] Last Week ( 17 to 21 Aug 09 ) : On a week-on-week basis, the BSE Sensex lost 170 points or 1.12% to close at 15,229.08. The S&P CNX Nifty ended at 4528.80, down by 51 points or 1.12%. The initial weakness during the previous week ...