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Sensex in bullish zone
72,700 could act as a crucial resistance zone for the bulls
Range bound action possible in near future
Mumbai: This week, the benchmark indices continued positive momentum. After a promising rally, Sensex was up by 534 points. Among sectors, IT...
Medium-term market texture remains weaker
Long bearish candle on weekly charts indicating strong possibility of further fallMumbai: In the just concluded week, the benchmark indices...
Sensex forms bullish candle
Benchmark index trading above 50-day SMA, above which the market can rally till 67,000-67,300 level
Sensex due for short term uptrend
Real trend will emerge only if Sensex manages to cross 68,000 levels
Key indices down for 4th day on FII outflows, global cues
Wipro was the biggest loser among Sensex firms, sliding 2.32%, followed by HDFC Bank, Power Grid, UltraTech Cement, ITC, ICICI Bank and Tata Motors
Weak sentiment may continue in near future
Domestic markets closed on a sombre note as mixed cues from US and Asian markets weakened domestic investors’ confidence
Wait for further weakness from current levels
In the past week the benchmark indices witnessed a volatile momentum, after a roller coaster activity, the Sensex closed at 57,527. Among Sectors,...