NIFTY Weekly Chart 09-04-2011

NIFTY Weekly Chart 09-04-2011 As expected, the Indian market went into consolidation mode with the Large-Cap stocks moderating after a sharp spike in the last few sessions. But the Small-Cap and Mid-Cap space managed to garner a lot of attention as investors chased returns in view of their relative under-performance vis-a-vis the frontline counters. Next week will be a truncated one with two public holidays on 12th on account of Ram Navmi and on 14th account of Dr.Ambedkar Jayanti. Market participants could well choose to stay on the sidelines for a while as India Inc. starts reporting earnings. Infosys will announce its results and guidance on April 15. Also watch out for the latest IIP data and monthly inflation numbers. Overseas developments will of course continue to have a bearing on sentiment here. Keep a close eye on FII inflows, which seem to be tapering off from a late March upsurge. Crude oil is another big variable that one cannot afford to lose sight of. A slew of economic statistics will be out next week from China as well as from other parts of the world. Though the equity markets around the world have been quite resilient, the trend appears too good to sustain for long. The key stock benchmarks may rise a little but the upside does look to be limited. At the same time, a major crash is not on the cards although a minor correction cannot be ruled out. Give your Trading Account Extra Protection - Verify your txns directly from NSE : NSE has incorporated Trade Verification module in their website which is a very simple tool to verify trades executed in your Trading account. The trading data of last 10 trading days would be available for verification directly from stock exchange website. Investors who are registered on the website would receive an SMS on the designated mobile number at the end of each trading day giving a summary of the trading activity. An email would also be sent on the registered email id providing the trading details. This will help you to confirm trade executions in your account, directly from the stock exchange. So act now. Make your trading account secure by register your trading account with stock exchange from below link. http://nseindia.com/marketinfo/trades/newStructure/registration/registerTV.jsp 1]How to Close and Delete Google Account, Gmail, Talk, Orkut, Web History and Other Google Services. 2]HOW TO: Undo "Send" in Gmail ? #Ad : Unlimited Validity Bulk SMS@3paisa ! With Open Root (Send sms with out Internet/Computer) Disclaimer:-This report has been prepared solely for information purposes. Neither the author nor his firm accepts any liability arising out of use of the above information/ article.