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

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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