* * *Sponge iron prices crash,Nifty technical updates- www.Niftyviews.com<http://niftyviews.blogspot.com/2010/05/nifty-eod-chart-05-may-2-010-powered-by.html> * *<http://1.bp.blogspot.com/_8LnBdQG2Sjs/S-F6B_0qP3I/AAAAAAAABY0/qxlkpUAxQZs/s1600/NIFTY_01.png>
<http://1.bp.blogspot.com/_8LnBdQG2Sjs/S-F6HLm5DOI/AAAAAAAABY8/yEdibomzax0/s1600/NIFTY_02.png> * *Nifty EOD Chart 06 MAY 2010 Powered by : http://www.niftyviews.com/ SPONGEIRON 1 MT RAIPUR 17500.00 May 5 2010 12:08PM SPONGEIRON 1 MT RAIPUR 17450.00 May 4 2010 12:01PM SPONGEIRON 1 MT RAIPUR 17315.00 May 3 2010 12:16PM SPONGEIRON 1 MT RAIPUR 17490.00 Apr 30 2010 12:03PM SPONGEIRON 1 MT RAIPUR 18100.00 Apr 29 2010 12:06PM SPONGEIRON 1 MT RAIPUR 18025.00 Apr 28 2010 12:18PM SPONGEIRON 1 MT RAIPUR 18410.00 Apr 27 2010 12:14PM SPONGEIRON 1 MT RAIPUR 19130.00 Apr 26 2010 12:18PM SPONGEIRON 1 MT RAIPUR 20250.00 Apr 24 2010 11:23AM SPONGEIRON 1 MT RAIPUR 20250.00 Apr 23 2010 12:13PM SPONGEIRON 1 MT RAIPUR 20295.00 Apr 22 2010 11:57AM SPONGEIRON 1 MT RAIPUR 20340.00 Apr 21 2010 12:17PM SPONGEIRON 1 MT RAIPUR 20650.00 Apr 20 2010 11:53AM SPONGEIRON 1 MT RAIPUR 21065.00 Apr 19 2010 11:57AM SPONGEIRON 1 MT RAIPUR 21310.00 Apr 17 2010 12:32PM * - *The above data shows how Sponge Iron prices have fallen in last few days in domestic markets. From a high of 21310 attained on April 17th 2010, Sponge iron has fallen to 17500 in a fortnight.The fall of 17% from recent highs will have an impact on the June quarter of most of these steel companies. * - *Expect a Volatile session ahead.Yesterday Nifty bounced from 5057 levels. Henceforth any break of 5049 will lead to further weakness in Nifty.Yesterdays Sell figures from FII,s at 1589 crores is the highest in last two months. * - *As per a Bloomberg report Portugal may have its credit rating cut by Moody’s Investors Service as the country struggles to reduce its budget deficit. Greece’s P........................* *FOR ENTIRE ANALYSIS VISIT http://www.niftyviews.com/ * * * * * * * -- For All Your Stock Markets query and solutions Visit http://niftyviews.com/ Join our google group http://groups.google.com/group/STOCKRESEARCHER/subscribe -- For All Your Stock Markets query and solutions Visit http://niftyviews.com/ Join our google group http://groups.google.com/group/STOCKRESEARCHER/subscribe -- For Anything related with Stock market be Online at http://www.niftyviews.com/ Get free updates on your mobile phone. SMS- JOIN SRESEARCHERS to 567678for our market updates You received this message because you are subscribed to Google Group "STOCKRESEARCHER" group. To post to this group, send an email to STOCKRESEARCHER@googlegroups.com To unsubscribe email stockresearcher-unsubscr...@googlegroups.com for more info visit http://groups.google.com/group/STOCKRESEARCHER?hl=en-GB . This is Not a Spam Mail. Disclaimer :- "The opinions expressed by the members on this board are based on their individual experience and perceptions and to share information with other members with the best of intentions to help fellow members in investment decisions as equity investment is a risky venture."