Weekly Market Pulse 28 April, 2014
Sensex closed at 22688, a rise of 60 points as compared to a rise of 18 points in the previous week. Sensex made a new all time high of 22939 and closed at near to its all time high. 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 28 April 2014
Technical Levels
| Support Levels |
21480 |
21320 |
21000 |
| Resistance Levels |
Uncharted Territory |
Uncharted Territory |
Uncharted Territory |
Weekly FII Figures:
|
Buying |
Selling |
Net |
Comments |
|
13812.20 Cr |
12153.40 Cr |
1658.80 Cr |
FIIs were Net Buyers with good volumes |
Weekly Mutual Fund Figures:
|
Buying |
Selling |
Net |
Comments |
|
2545.40 Cr |
2604.50 Cr |
(59.10)**Cr |
MFs were Net sellers with bleak volumes |
**Data only available for 25 APR
Market Gossip/Rumours:
No Trading recommendation for the week.
Market Outlook:
Market is in strong uptrend. Be cautious
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