Blogs Posts on "Sensex"

BSE Sensex Index Chart Pattern - Nov 20, '09 by Stock Market and Mutual Fund Investments in India on Nov 21, 2009The technical indicators of the BSE Sensex index chart were looking bullish last week, but the slowing upward momentum near the 17000 level and lower volume on Fri, Nov 13 '09 were concerns that haven't been dissipated. The BSE Sensex spent the week...

BSE Sensex Index Chart Pattern - Nov 13, '09 by Stock Market and Mutual Fund Investments in India on Nov 14, 2009The level of 16412 mentioned last week didn't prove much of a hurdle as the BSE Sensex chart pattern sailed past it on Mon, Nov 9 '09. It also went above both the 20 day and 50 day EMAs as the bulls fought back strongly, aided by FII inflows. The 20...

BSE Sensex Index Chart Pattern - Nov 6, '09 by Stock Market and Mutual Fund Investments in India on Nov 7, 2009Last week, I had mentioned several possibilities about how the BSE Sensex chart pattern might develop during another holiday shortened week. A bounce up from the 15500-15600 was expected, based on oversold technical indicators and an about-turn made...

BSE Sensex Index Chart Pattern - Oct 30, '09 by Stock Market and Mutual Fund Investments in India on Oct 31, 2009The BSE Sensex index chart pattern is undergoing a much-needed correction. In last week's analysis, I had made the following comment:- 'Looks like the bears have a slight edge, and another 5% fall could be on the cards. That would take the index to...

BSE Sensex Index Chart Pattern - Oct 23, '09 by Stock Market and Mutual Fund Investments in India on Oct 24, 2009In last week's analysis of the BSE Sensex index chart pattern, it was observed that the upward momentum of the bull rally was slowing. There were negative divergences in the technical indicators and volumes remained lack lustre. I had advised caution...

1:1 Bonus announcement by Reliance Industries - is it good news for investors? by Stock Market and Mutual Fund Investments in India on Oct 8, 2009Reliance Industries made the bonus announcement after the Indian stock markets closed for trading on Oct 7 '09. Today (Oct 8 '09), the stock closed up by less than 1% at 2120 - still more than 15% below its high of 2490 on May 19 '09. A 1:1 bonus -...

BSE Sensex Index Chart Pattern - Oct 2, '09 by Stock Market and Mutual Fund Investments in India on Oct 3, 2009A trading week truncated by two holidays was expected to favour the bears. But the bulls, led by the FIIs, were in no mood to relent. The BSE Sensex index chart added another 2.5% for the week. But the volumes continued to remain on the lower side...

Stock Chart Pattern - 3i Infotech Ltd by Stock Market and Mutual Fund Investments in India on Sep 30, 2009The stock chart pattern of 3i Infotech Ltd looks a little different from other stocks that have been analysed recently. It made a high of 165 back in May '07 (actually 330, but adjusted for the subsequent 1:1 bonus). The bears attacked almost immedia...

BSE Sensex Index Chart Pattern - Sep 25, '09 by Stock Market and Mutual Fund Investments in India on Sep 26, 2009Last week's analysis of the BSE Sensex index chart pattern included several concerns about the continuation of the bull rally - lower volumes on up days, negative divergences in the technical indicators, the widening distance between the 50 day and 2...

BSE Sensex Index Chart Pattern - Sep 11, '09 by Stock Market and Mutual Fund Investments in India on Sep 12, 2009During the previous week's discussion about the BSE Sensex index chart pattern, the bulls seemed to be still in control, and I had advised investors not to sell in a panic. Hectic buying by the FIIs took the index to a new high of 16435 on Thur, Sep...