The Federal Open Market Committee will end its two-day policy meeting today, with the outcome expected at around mid-night (Indian Standard Time).Market participants are waiting for any cues on tapering of third-round of bond-buying programme popularly known as ‘quantitative easing’ after Fed Chairman Ben S. Bernanke said asset purchases could be scaled back should the U.S. employment outlook show “sustainable improvement.”
>>>> NIFTY <<<<
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No major change in Levels as 5870 not breaking on the upside. So Lets wait.
>>> Bank Nifty <<<
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Bank Nifty seems like completed first leg of downside for sw(a) or (1) and cross above the falling wedge shall give a corrective upmove, Price almost crossing 50hma may add strength to the bulls.
>>> Bharti Airtel - Follow Up <<<Updated on Blog as on 17th June, 2013
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Happaned and Yet to
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Price gave a clear break shows more upside coming.
>>> Voltas <<<Updated on face book at 11:40 am today
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Break out given - More upside coming.
