Asian Markets Trading in Red on August 31st Morning

At 08:00am on August 31st, All Asian markets are trading in red. Singapore Nifty SGX NIFTY trading at 5382 points which is down by 47 points from yesterday's close.

Taiwan's TAIPEI Index down by 134 points and trading at 7606 points. Japan's NIKKEI is down by 236 points, trading at 8912 points.

All other asian markets like HANG SENG, STRAITS and KOSPI also are in red and down by more than 1%.

So, Sensex and Nifty is also expected to open a gap between 1 to 2% lower from yesterday's close.

Regards,
Free Indian Stock Tips Team.

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Today's Free Intraday Stock Market Tips for August 30, 2010

Today's Free Intraday stock Market Tips for August 30, 2010

DISH TV BUY Above 52 target 54, 56 SL 50

Regards,
Free Indian Stock Tips Team

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Today's Free Intraday Stock and Share Tips for August 2, 2010

Today's Free Intraday Stock and Share Tips for August 2, 2010

ICICI BANK SELL below 900 target 890, 882 SL 912

Regards,
Free Indian Stock Tips Team

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Indian Stock Market view for next week - August 2 to 6, 2010

Sensex was down by 124 points in last trade on Friday, pulled down by technology, FMCG, capital goods, realty, cement, auto, metal and power sectors.

Heavyweight ICICI Bank plunged nearly 3%; even Reliance Industries wiped out its gains and closed flat.

The 30-share BSE Sensex closed at 17,868.29, down 123.71 points or 0.69% and the 50-share NSE Nifty fell 41.30 points or 0.76% to settle at 5,367.60.

Earnings announcements will continue to dictate stock pricemovement in the week ahead. Outlook fo the week ahead is bearish.

The Index is currently hovering around the short-term support at 17,900, where the 21-day simple moving average is also positioned. The Sensex can however decline below this level to 17,716 or 17,395 in the near-term.

Resistances for the week would be at 18,084 and 18,237.

Regards,
Free Indian Stock Tips Team

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