18 Sep Tech View


[08:15, 18/09/2014] Dhawal: Nifty 7975
After positive opening Nifty has remained in a range bound movement and finally ended with “DOJI” an uncertain candlestick pattern on daily chart. Daily as well as hourly momentum indicators are generating mixed signal on chart. Nifty intraday support placed at 7950 – 7925 levels and resistance placed at 7996 – 8020 levels.

Bank Nifty 15838
After positive opening Bank Nifty has witnessed muted movement with negative bias and finally ended with “Small Black Candle” a minor bearish candlestick pattern on daily chart. Daily as well as hourly momentum indicators are reading mix and signalling some bit of consolidation. Bank Nifty intraday support placed at 15780 – 15730 levels and resistance placed at 15888 – 15953 levels.
[08:16, 18/09/2014] Dhawal: Economic Times
Business Standard
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Business Line
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Financial Express
Financial Chronicle
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Ø  UK govt pledges state funding to Scotland
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Ø  Apollo to acquire HMSL’s pharmacy chain for Rs146 cr
Ø  MCX can launch new contracts after new tech deal with FTIL:FMC
Ø  OECD proposals to have impact on transfer pricing in India


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