Quotes with Resistance & Support
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Intraday calls for 31-01-11

Markets likely to see a gap down opening. If markets show recovery later during the day, buy Reliance Infrastructure with stoploss at 695-700. Nifty Index/Future Live Chart with RSI, MACD, Slow Stochastic &#821…

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Nifty – Technical View – Likely to move in the 5250-5850 range in near term

Posted on: January 31st 2011 in Market News.

Looking at the Nifty chart below, it seems Nifty is likely to trade in the 5250-5850 range in near term. Considering the recent fall we can expect a small bounce, possibly up to 5620 levels. On the downside, 5350-5400 levels are likely in coming days. For now Nifty will face strong resist…

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102 dead, Egypt on brink of civil war

Posted on: January 31st 2011 in Market News.

Cairo residents boarded up homes and set up neighborhood watches of citizens armed with guns, clubs and knives as looting and violence engulfed the capital. With the police having disappeared from the streets, the army expanded its presence of tanks and armored personnel carriers but mai…

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Number Portability – Idea gets advantage, RCom, BSNL at a loss

Posted on: January 30th 2011 in Market News.

“No Idea, Get Idea”. Idea Cellular’s campaign to woo subscribers of rival telecom companies seems to be paying it rich dividends. The country’s sixth-largest mobile operator was the biggest gainer in the first eight days of mobile number portability (MNP) being launched across the…

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ONGC Q3 net rises over twofold to Rs 7,083 cr

Posted on: January 28th 2011 in Market News.

State-owned ONGC today reported a over two-fold jump of its net profit at Rs 7,083 crore for the quarter ended December 31, 2010 as it got a one-time settlement charge on natural gas dues. During the same period a year ago the company’s had registered a net profit of Rs 3,054 crore…

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Nifty tests 5500; breadth extremely negative

Posted on: January 28th 2011 in Market News.

SI Reporter / New Delhi January 28, 2011, 13:46 IST After breaking its 200-DMA yesterday, the Nifty has now cracked below yet another physchological mark of 5500. The NSE benchmark index has now shed 108 points at 5496. Meanwhile, unabated selling in the markets has seen the Sensex shav…

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Intraday calls for 28-01-11

Markets likely to open lower, Nifty looks weak below its 200 DMA of 5615, if we manage to close below 5615 for a couple of days, we could see 5500 and lower levels Sell ABB around 720, Target: 705, SL 732 (book profits at 703) 10.13AM – Sell edserv softsystems at 146.60, target: 1…

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Nifty testing strong support at 200 DMA – 5615

Posted on: January 27th 2011 in Market News.

Nifty has been finding strong support at 200dma this entire month and has managed to bounce back from here time and again. If Nifty manages to close below this important support level of 5615 for couple of days, we could expect further downside in markets. Possibly upto 5500. On the upsid…

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Intraday calls for 27-01-11

Markets likely to open higher, Strong support for Nifty at 5650, Resistance at 5760 Sell ABG Shipyard around 366 for a target of 355, SL 374 – (book profit at 358) Nifty Index/Future Live Chart with RSI, M…

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“Never Buy Another Stock Again”: An Investing Guide for the Rest of Us

Posted on: January 26th 2011 in Market News.

With the Dow nearing 12,000, many would like you to believe it’s a stock-pickers market. But, if you ask Reuters market editor David Gaffen, he’d disagree. Gaffen is the author of the new book for which the title says it all, “Never Buy Another Stock Again: The Investing Portfolio …

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Breakouts

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