Tuesday, April 27, 2010

NIFTY 27.04.10 (C)


BLOODBATH : THIS COULD BE MY TITLE OF MY POST FOR TOMORROW

GLOBAL UPDATE: Standard & Poor's has cut its rating on Greece to "junk" territory (i.e BB+)

S&P has also cut credit rating of Portugal

US MARKETS : DOW*:- 112 POINTS (-1%)

EUROPEAN MARKETS* : FTSE 100 :-150.33 ( -2.61% ) DAX 30 -172.59 (-2.73% ) CAC 40: -152.79( -3.82%)

*up till 11.45 pm IST


MOVING AVERAGE SUPPORT: NIFTY TOOK SUPPORT 20 D SMA AT 5300 (BOX) AND CLOSED AT 5308

LEVELS TO WATCH : 5265 , 5235 , 5215 and 5200

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