Quotes with Resistance & Support
Market Information

Intraday calls for 29-02-12

Markets likely to open slightly higher. Support for nifty is at 5310 and resistance at 5420 Buy Hindustan Petroleum (HPCL) at 300, target: 309. Stoploss: 294 – (Book profit in HPCL at 308-309) 9.21am – Book profit in Mphasis at 429 9.59am – Buy Godrej Consumer at 456….

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As markets rally, MFs pump in cash

Posted on: February 29th 2012 in Market News.

Not only FIIs, but domestic fund managers too, dip into their corpus to invest in the rally As the fortunes of the markets took a turn for the better in the beginning of 2012, managers of the country’s largest mutual funds jumped into the fray, pumping in money and reducing their c…

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Intraday calls for 28-02-12

Markets likely to open slightly higher. Support for nifty is at 5250 and resistance at 5350 Buy LIC housing at 244, target: 250-252. Stoploss: 240 – (Book profit in LIC at 251-252) 10.15 am – Buy Mphasis above 421, target: 429. Stoploss: 416 …

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Labour strike to paralyse banking, transport services Today

Posted on: February 28th 2012 in Market News.

A nation-wide 24-hour general strike called by major trade unions Tuesday could cripple the country’s transport, banking and postal systems after the government’s attempts to avert it remained unsuccessful Monday. Prime Minister Manmohan Singh had appealed to all the major tr…

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MCX fixes IPO price at Rs 1,032 a share

Posted on: February 27th 2012 in Market News.

Country’s top commodity exchange MCX has fixed the price of its initial public offering (IPO) at the upper end of the band at Rs 1,032 a share, raising about Rs 663 crore through the IPO. Drawing a huge investor response, the IPO was over-subscribed by more than 54 times attracting…

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Intraday calls for 27-02-12

Markets likely to open flat. Support for nifty is at 5410. Buy Mphasis at 407-410, target: 419. Stoploss: 402 – (Book profit in Mphasis at 418-419) Trade in small quantities. …

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Weekly Report: Markets post first weekly fall in 2012

Posted on: February 25th 2012 in Market News.

Key share indices posted their first weekly fall in 2012 due to profit-booking, after rising for the past seven weeks, as investors booked profits in interest rate sensitive shares which had gained sharply during the rally. The futures & options for the February series also expired t…

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Intraday calls for 24-02-12

Markets likely to open flat. Support for nifty is at 5420. Buy JSW Energy at 65.30, target: 68. Stoploss: 63.50 …

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Technical view:: Nifty, Axis bank, BHEL & Jindal Steel

Posted on: February 23rd 2012 in Techinicals Breakouts NSE BSE.

Nifty Nifty has been facing strong resistance at 5600 levels. This is the same level it started to show weakness in month of August last year. Technically seems can test 5380-5400 on the downside in coming days Axis bank: Axis bank has rallied quite a bit in last few days. Technically …

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Intraday calls for 23-02-12

Markets likely to see a flattish opening. Support for nifty is at 5420 and resistance at 5550. Sell Tata steel 472-474, target: 465. Stoploss: 479. – (Book profit in Tata steel at 468) 1.27 pm – Buy LIC housing at 252, target: 260. Stoposs: 247 – (Book profit in LIC a…

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