Quotes with Resistance & Support
Market Information

Intraday calls for 31-05-12

Markets likely to open lower. Support for nifty is at 4920 and resistance at 5050. If markets show recovery later during the day, buy: Hero moto corp above 1848 – (If holding Hero moto, continue to hold it till tomorrow.) Markets are likely to remain volatile today due to expiry a…

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Europe’s Deepening Crisis Drags Wall St Lower: Treasury Yields at Record Lows

Posted on: May 31st 2012 in Market News.

By Rodrigo Campos NEW YORK (Reuters) – U.S. stocks tumbled on Wednesday as surging bond yields in Spain and Italy ratcheted up tensions in financial markets about Europe’s ability to solve its growing debt crisis. Angst over Europe drove investors away from risky assets and …

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Intraday calls for 30-05-12

Markets likely to open lower. Support for nifty is at 4930 and resistance at 5050. If markets show recovery later during the day, buy: Reliance industries above 695 – (Book profit in Ril at 707) …

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Asian Stocks Drop as Euro Approaches Two-Year Low

Posted on: May 30th 2012 in Market News.

Asian stocks dropped and the euro fell to a two-year low as Spanish borrowing costs rose and China damped speculation of large-scale economic stimulus. Oil and metals prices slid. The MSCI Asia Pacific Index lost 1.2 percent as of 10:55 a.m. in Tokyo, led by shares of resources and energ…

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RIL buys back shares worth Rs 500 cr in 10 sessions

Posted on: May 30th 2012 in Market News.

Mukesh Ambani’s Reliance Industries Ltd (RIL) has bought back shares worth a little over Rs 500 crore in just 10 trading sessions. Between May 11 and 24, the country’s second-highest valued company purchased 7.78 million shares. As on May 24, RIL had purchased a total of 19.22 millio…

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Intraday calls for 29-05-12

Markets likely to open flat. Support for nifty is at 4950 and resistance at 5050 Buy TVS Motors at 35.50, target: 37.20. Stoploss: 34.60 – (Exit from TVS motors at 35.20) For a technical view on Nifty, Tata motors, Cairn India and ACC, Read More..

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Technical View:: Nifty, Tata motors, Cairn India & ACC

Posted on: May 28th 2012 in Techinicals Breakouts NSE BSE.

Nifty: Nifty did manage to bounce back from strong support zone of 4750-4800 levels. In this upmove can test 5100 levels if global markets support. Has strong resistance higher near 5150. Strong support remains in the 4750-4800 zone. Tata motors: Tata motors if manages to cross 279, ca…

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Intraday calls for 28-05-12

Markets likely to open flat. Support for nifty is at 4870 and resistance at 4950 Buy Hindalco industries at 111.90, target: 116. Stoploss: 108 – (book profit at 115) 3.08pm – Book profit in 4900ce at 78-80 …

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FIIs bet heavily in Indian market, but in Singapore

Posted on: May 26th 2012 in Market News.

The General Anti-Avoidance Rule (GAAR) may have been deferred for a year but many foreign institutional investors (FIIs) do not want to take chances. They are shifting their trading positions to Singapore, where derivatives of India’s key equity index, the Nifty, are listed. That i…

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Intraday calls for 25-05-12

Markets likely to open flat. Resistance for nifty is at 4950. Buy Emami ltd at 475-478, target: 490. Stoploss: 468 12.50pm – buy 4900 ce at 63, target: 80. Stoploss: 4880 (spot) …

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