3) 24-04-2014: FRIDAY-OVER-VIEW:
Markets started falling from highs due to Global market weakness.
The Asian markets are falling but the depth/severity is not so serious.
The yesterday’s results of ICICI, IDFC are not encouraging and Axis
will hit Yearly- Highs
28-04-2014-Monday-POSSIBLE-SCENARIO:
The M&M may see fall from Highs, The LT may rise from lows, GAIL
may bounce. Nifty has support at 6740 level but may not hold today.
BEAR COUNTERS: ICICI
Bank, IDFC
GLOBAL INDICES NEWS: The Europe was weak and Asian
markets were weak
NEWS IMPACT: No big news
ECONOMIC--NEWS:
POLICY-NEWS: USA working on Sanctions against
PUTIN core team.
COMPANY SPECIFIC-NEWS: Adani made some clarifications on
the political associations and favours
F&O-COMPANY -NEWS:
BULL COUNTERS:
GLOBAL INDICES NEWS
NEWS IMPACT: IT may bounce in next few days
ECONOMIC--NEWS: The CAD is down
POLICY-NEWS:
ECONOMIC--NEWS:
COMPANY SPECIFIC-NEWS: JSWSteel
output increased and new plant is started. Bajaj auto strike was postponed. LT
got big order
F&O-COMPANY -NEWS: Axis added 8.6 lakhs OI,
Wipro 6.2 lakhs added.
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