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Tuesday, September 11, 2007

Market Prediction (12-09-2007)

******World Market Analysis********
US Stock rose for the first time in three days on speculation consumers will weather an economic slowdown and spur profit growth.

The U.S. trade deficit unexpectedly narrowed in July as American manufacturers shipped more machines, airplanes and automobiles overseas.
Surging exports may help cushion the U.S. economy from the impact of higher borrowing costs, weakening employment and waning consumer confidence. Boeing Co., General Electric Co. and Deere & Co are among exporters benefiting from the strongest global expansion since the 1970s and a weaker dollar.
The gap shrank 0.3 percent to $59.2 billion from a revised $59.4 billion in June that was bigger than previously estimated, the Commerce Department said today in Washington. Economists anticipated a shortfall of $59 billion. Sales to foreign buyers reached records in each of the past five months.


Strong World Cues all over globe. Making Interest in tommorow india market.

******Indian market Prediciton*********

Tuesday Market have shown some weakness .

Nifty has a Support at 4460 and 4423 and have a good resistance at 4528 and 4564.

Again i would Like to say be cautious until world market will not become cloud free from
awaiting news.Market may be volatile on wednesday but more sign of postiveness.
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Indian Stock Market : A technical View by Niftysuretips.com