Monday, November 10, 2008

>Weekly Technical Report (Religare)

The Nifty closed 3% higher in a volatile week of trading. It began on
a strong note but soon gave away all its gains in the next two days.
On the last day the Bulls held on closing at the days high. Realty
stocks were the flavour of the market (up 18%). Among the Sectoral
Indices, Banking, CGS and FMCG closed 8% higher while Reliance,
IT-Teck pack remained subdued. After last week of curtailed
trading, volumes picked up with selective action seen in the Midcap
stocks.

Read full report here Weekly Technical Report (Religare)

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