Quotes with Resistance & Support
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Technical View:: Nifty, SBI & Dabur India

Posted on: June 25th 2013 in Techinicals Breakouts NSE BSE.

Click on the image to enlarge. Nifty: Nifty is nearing strong support levels of 5500-5550. Has managed to hold onto these levels since Sep’12 and is forming a triple bottom here. This time around if manages to hold onto this level, could bounce back to 5700. On the downside, a clo…

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Intraday calls for 26-09-11

Markets likely to open a bit higher. Support for nifty is at 4830 and resistance at 4925 Buy State Bank of India at 1950, target: 1975. Stoploss: 1930 …

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Intraday calls for 03-01-11

Markets likely to open slightly higher. Resistance for nifty is at 6180 and support at 6100. Buy State bank of India (SBI) at 2812, target: 2830. Stoploss: 2790 Buy Kernex Microsystems if opens flat for a target of 166. Stoploss: 156 9.35 am – buy jai corp at 224.30, target: 229….

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Intraday calls for 03-12-09

Buy Amtek Auto at 195.85, target: 203. Stoploss: 191.50 If markets show weakness later during the day, sell: SBI …

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SBI net rises 28%

Posted on: November 1st 2009 in Market News.

State Bank of India (SBI), the country’s largest lender, today said that its consolidated net profit rose 28.29 per cent to Rs 3,133.16 crore for the quarter-ended September 30 from Rs 2,458.04 crore in the same quarter of the previous year. The increase was mainly on account of a 79 p…

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Selling continues… Sensex near day’s low

Posted on: June 18th 2009 in Market News.

The Sensex slipped to a low of 14,205, down 425 points from the day’s high.The index is now down at 14,271, down 251 points. The BSE Realty index has tumbled 8% to 3,110. The Metal index has slumped 5.5% to 10,646 and the Power index has shed 4.5% to 2,759. Jaiprakash Associates a…

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FIIs dump depository receipts on concerns of overvaluation

Posted on: June 18th 2009 in Market News.

MUMBAI: It could be a signal from overseas investors that valuations of Indian shares are stretched and further correction could be around the corner. Foreign investors, who were keen on buying depository receipts (DRs) of domestic companies till some time ago, are now cutting down their…

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Nifty recovers losses; Reliance Infra, SBI lead

Posted on: June 16th 2009 in Market News.

MUMBAI: Indian markets pared early morning losses Tuesday as investors entered at lower levels providing support for indices. Traders ignored the weak cues from international markets and took positions on hopes that Indian economy will do better than other global economies, said dealers….

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Instanex FII index down 0.65% at close

Posted on: June 3rd 2009 in Market News.

Of the 15 components of the Instanex FII Index, nine were down and six were up. Instanex At close, the Instanex FII Index was down 0.65% at 314.38 (-0.82% at 3 pm) and the Instanex DII 15 portfolio was up 0.08% (-0.07% at 3 pm). Nifty was up 0.12% (+0.09% at 3 pm) and Sensex was down 0….

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Profit booking sets in; M&M, SBI hit

Posted on: June 3rd 2009 in Market News.

MUMBAI: Profit booking shaved away early gains leaving key indices below its previous session’s close. The negative opening on the European bourses weighed on sentiment. Metals, technology and oil & gas stocks were hit as investors sold into recent gains. At 1:45 pm, Bombay Stock …

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