Weekly Market Pulse
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Weekly Market Pulse

Weekly Market Pulse

APR 23, 2018

 

SENSEX closed the week on a positive note at 34415 a gain of 222 points, as compared to again of 565 points in the previous week. Markets have recovered from the lows and crossed the short term resistance level of 33760 we will see further rise in the markets.


Technical Levels           

Support Levels

32000

31576

31040

Resistance Levels

34697

35006

35542

                                                           

Weekly FII Figures (Cr.):

Buying

Selling

Net

Comments

21794.62

25160.21

(3365.59)

FIIs are net sellerswith good volumes

 

Weekly Mutual Fund Figures (Cr.):

Buying

Selling

Net

Comments

5177.47

4254.92

922.55**

Mf’s are net buyers with bleak volumes

                                                                                                ** data not available for 19 & 20thapr

Market Gossip/Rumours:

 

No Trading Recommendation for the week.

 

Market Outlook:

Investors are adviced to start building long positions in tranches.


This document has been prepared on the basis of public available information, internally developed data and other sources believed to be reliable , Innovative Consultants does not warrant its completeness and accuracy .Whilst we are not soliciting any action based upon this information , all care has been taken to insure that facts are accurate and opinions given fair and reasonable. This information is not intended as an offer or solicitation for the purchase of sale of any financial instrument. Recipients of this information should rely on their own investigations and take their own professional advice. Neither innovative Consultants nor its employees shall be liable for any direct, indirect, special, incidental, consequential, punitive or exemplary damages including loss profits arising in any way from the information contained in this material.