Mumbai share bazaar - How technical analysis support traders investors to buy or sell shares in world markets?

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Vadodara, Gujarat, India, Republic of (Free-Press-Release.com) October 15, 2011 -- How technical analysis support traders investors to buy or sell shares in world markets?

In history of stock market, it has been proved so many times that stock price movement on day to day basis or over short term basis, is not at all dependent over underlying company stocks fundamentals but surely relies on technical support resistance levels for a particular share. For Indian stock market yesterday when most of Asian indices were down in the red. Based on technical analysis our team of stock market experts have predicted Nifty as "14-Oct-11

Nifty closed at 5077.85 which is very close to trading support of 5052 for Nifty today. If manages to hold above 5052, Nifty intraday move close to 5100 is possible in range bound market and if Indian markets will show good positive buying then Nifty intraday target of 5153 is possible with fresh buying to enter if CNX Nifty stays above 5153" against which Nifty spot opened at 5057.35 made a low of 5056.60 and then touched high of 5141.40 and finally Nifty closing recorded at 5132.30 This is one of the finest examples of How technical analysis support traders investors to buy or sell shares in world markets? On stock specific analysis some of the best stock tips premarket posted on our website, are as under

TCS LTD. trading analysis report for BUY intraday call on 14-Oct-11

TCS LTD. - Bse code - 532540 - last close - 1090.8 - BUY - 1067.6 - SL - 1052.9 - for TG1 Rs. 1108.5 and for TG2 Rs. 1125.1 - stock opened at Rs. 1088.6 hit intraday high Rs. 1140 hit intraday low Rs. 1088 stock was during trading up 4.5 % from previous close and closed at Rs 1134.5

CANARA BANK trading analysis report for BUY intraday call on 14-Oct-11

CANARA BANK - Bse code - 532483 - last close - 451.1 - BUY - 432 - SL - 423.3 - for TG1 Rs. 460.2 and for TG2 Rs. 467.1 - stock opened at Rs. 448 hit intraday high Rs. 459.5 hit intraday low Rs. 448 stock was during trading up 1.8 % from previous close and closed at Rs 458.3

RELIANCE trading analysis report for BUY intraday call on 14-Oct-11

RELIANCE - Bse code - 500325 - last close - 846.8 - BUY - 834.1 - SL - 817.4 - for TG1 Rs. 861.6 and for TG2 Rs. 874.5 - stock opened at Rs. 841.6 hit intraday high Rs. 870 hit intraday low Rs. 841.6 stock was during trading up 2.7 % from previous close and closed at Rs 866.8

GLODYNE TECH trading analysis report for SELL intraday call on 14-Oct-11

GLODYNE TECH - Bse code - 532672 - last close - 379.9 - SELL - 384.9 - SL - 388.1 - for TG1 Rs. 369.3 and for TG2 Rs. 352.7 - stock opened at Rs. 381.4 hit intraday low Rs. 369 hit intraday high Rs. 382 stock was during trading down -2.9 % from previous close and closed at Rs 375

Some of the above proof are sufficient to suggest that technical analysis has proved its role and importance, while investing in stock market

More information can be found online at http://www.takemyview.co.in/

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