Last Market Pulse of Financial Year 2013-14

Weekly Market Pulse   –  March 31, 2014

Sensex closed at 22340, a rise of 584 points as compared to a fall of 56 points in the previous week. Sensex made a high of 22363.93 we have seen in the last week that market is taking a pause at the levels of 21700-21800 now it has decisively break that with a rise of 584 points in a single week & closed near to the all time. Sensex is in strong uptrend and continue to be remaining in uptrend with higher volatility. Most of the leading indicators are in overbought territory.

Market Pulse 31 Mar 2014

Market Pulse 31 Mar 2014

Technical Levels

Support Levels

21480

21320

21000

Resistance Levels

Uncharted Territory

Uncharted Territory

Uncharted Territory

Weekly FII Figures:

Buying

Selling

Net

Comments

28650.80Cr

18170.10 Cr

10480.70 Cr

FIIs were Net buyers with huge volumes

Weekly Mutual Fund Figures:

Buying

Selling

Net

Comments

3586.20Cr

4061.20 Cr

(475)**Cr

MFs were Net sellers with good volumes

                                                                                                            **Data not available for MAR 28

Market Gossip/Rumours:

No Trading recommendation for the week.

Market Outlook: 

Market is in strong uptrend. Be cautious

 

Disclaimer                      

This document has been prepared on the basis of public available information, internally developed data and other sources believed to be reliable , Innovative Consultants does not warrant its completeness and accuracy .Whilst we are not soliciting any action based upon this information , all care has been taken to insure that facts are accurate and opinions given fair and reasonable. This information is not intended as an offer or solicitation for the purchase of sale of any financial instrument. Recipients of this information should rely on their own investigations and take their own professional advice. Neither innovative Consultants nor its employees shall be liable for any direct, indirect, special, incidental, consequential, punitive or exemplary damages including loss profits arising in any way from the information contained in this material.

 

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