Quotes with Resistance & Support
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Technical View:: Nifty, NMDC & Indusind Bank

Posted on: May 31st 2014 in Techinicals Breakouts NSE BSE.

Click on image to enlarge: Nifty: Nifty is in an uptrend. As of now is seeing some profit booking. Has strong support at 7100-7200 levels. If breaks 7100, could head lower to 6950. On the upside if holds onto support levels, can bounce back to 7400. NMDC: NMDC looks strong technically. …

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PSU equity: Govt stake cut move gets thumbs-up

Posted on: May 31st 2014 in Market News.

Market watchers say Sebi proposal, if accepted, will boost retail participation, level the equity arena with private companies The Securities and Exchange Board of India’s (Sebi) move to raise the minimum public shareholding in government-run companies to 25 per cent can drive more ret…

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Intraday calls for 30-05-14

Markets likely to open flat. Nifty has support at 7200 and resistance at 7320 Buy Nifty 7100 pe for a target of 80-85 in 1-2 days. Has not been possible for me to be active since last 2-3 days as my Wife is admitted. Shall get active again from Monday. …

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Intraday calls 29-05-2014

Markets likely to open flat. Support for nifty is at 7270 and resistance at 7340. Buy Aurobindo Pharma around 638, target: 652, SL 630 I am traveling and wont be able to reply today …

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Intraday calls for 28-05-14

Markets likely to open flat. Support for nifty is at 7270 and resistance at 7340. Buy Hindalco at 149.70, target: 154. Stoploss: 147. Trade in small quantities. – (Continue to hold Hindalco for BTST. . Looks good technically) 10.06am – Book profit in Aban offshore at 714 Th…

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Narendra Modi’s Cabinet takes first decision, forms SIT to unearth black money

Posted on: May 27th 2014 in Market News.

Zee Media Bureau New Delhi: Prime Minister Narendra Modi-led NDA government’s first Cabinet meet on Tuesday took a crucial decision to form a Special Investigation Team (SIT) to probe black money, mostly stashed abroad. The Union Cabinet was chaired by Prime Minister Modi. Addre…

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Intraday calls for 27-05-14

Markets likely to open flat. Nifty has support at 7280. No pre-market call for the day. 2.12pm – Buy Aban Offshore at 688.30, target: 710. Stoploss: 675 (1-2 day hold) Thought for the day: Though money cannot acquire you happiness, it does not mean that both money and happiness c…

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Swing call – Buy Onelife Capital – Continue to hold – Book profit at 195

Posted on: May 26th 2014 in Swing Calls, Techinicals Breakouts NSE BSE.

Buy Onelife capital at 182, target: 195. Stoploss: 175. Trade in small quantities. …

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Intraday calls for 26-05-14

Markets likely to open slightly higher. Nifty has support at 7280-7300 Buy Larsen & Tubro at 1520, target: 1545. Stoploss: 1500. Thought for the day: Inaction creates nothing. Action creates success.” ― Stephen Richards …

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New Delhi geared up to crown ‘PM Modi’ today

Posted on: May 26th 2014 in Market News.

Security beefed up for oath-taking ceremony; MPs told not to bring their spouses along When the Bharatiya Janata Party’s (BJP’s) Narendra Modi and his ministers take oath of office in the forecourt of Rashtrapati Bhavan on Monday, the ceremony to mark the occasion will not on…

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