Quotes with Resistance & Support
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Intraday calls for 30-09-13

Markets likely to open slightly lower. Support for nifty is at 5800 (closing basis). Bank nifty has support at 9680 and resistance at 10250. If markets show recovery later during the day, buy: SRF ltd. …

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Technical View:: Nifty, Raymond & SRF

Posted on: September 28th 2013 in Techinicals Breakouts NSE BSE.

Click on image to enlarge. Nifty: Nifty witnessed strong selling pressure from resistance levels of 6150-6200. As of now is finding good support at 5800 levels. Below 5800 could test 5680-5700 levels. if manages to hold onto 5800, can bounce back to 5950 in coming days. For longs keep st…

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More earnings downgrades coming

Posted on: September 27th 2013 in Market News.

Slowing demand, tighter liquidity a drag on profits, agree analysts; earnings growth this year might not exceed 5%, feel many Brokerages are likely to cut their expectation of growth in earnings per share (EPS) for large companies to the mid-single digits, due to factors such as higher i…

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Intraday calls for 27-09-13

Markets likely to open flat. Support for nifty is at 5820 and resistance at 5950. Bank nifty has resistance at 10250 and support at 10000 (closing basis). Buy Coromendal fertilizers 235, target: 243. Stoploss: 231 – (Can continue to hold Coromendal fert. looks good technically.) …

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Intraday calls for 26-09-13

Markets likely to open flat, Support for nifty is at 5800 and resistance at 5910 Buy Bajaj Auto around 2000, target: 2050, SL 1975 …

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Intraday calls for 25-09-13

Markets likely to open flat, Support for nifty is at 5800 and resistance at 5910. Bank nifty has support at 10100 and resistance at 10450 Buy Tata Motors around 335, target: 344, SL 330 …

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Bank Nifty falls nearly 10% post RBI policy

Posted on: September 24th 2013 in Market News.

Bank Nifty has tanked nearly 10% or 1,086 points in past three days as compared to 4.3% fall in benchmark CNX Nifty. Banking shares continue to remain under pressure for the third day in a row with the Bank Nifty slipping over 1,000 points after the Reserve Bank of India (RBI) Governor, …

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Intraday calls for 24-09-13

Markets likely to open flat. Support for nifty is at 5800 and resistance at 5910. Bank nifty has support at 10100 and resistance at 10450 No pre-market call for the day. Continue to hold Rcom. 1.26pm – Book profit in Ashok leyland at 15 …

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Jewellery shares in demand

Posted on: September 23rd 2013 in Market News.

Titan Ind, Gitanjali Gems, PC Jeweller, Thangamayil Jewellery, TBZ and Renaissance Jewellery are up 2-9% on the BSE. Shares of jewellery makers are in limelight and trading higher by up to 9% in otherwise weak market on hopes of strong demand ahead of festival season. Gitanjali Gems, PC…

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Intraday calls for 23-09-13

Markets likely to open lower. Support for nifty is at 5900 and resistance at 6060. If markets show recovery later during the day, buy: Reliance communications …

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