Quotes with Resistance & Support
Market Information

Intraday calls for 11-04-11

Posted on: April 11th, 2011 at 8:25 am

Markets likely to see a flat opening. Support for nifty is at 5780 and resistance at 5900

Buy Grasim Industries Ltd at 2530, target: 2555-2565. Stoploss: 2500

9.25am – buy Bharti Airtel at 365.70, target: 371. Stoploss: 360 – (continue to hold Airtel for BTST)

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636 Responses

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  1. CB Says:
    April 13th, 2011
    Posted at: 12:33 am

    Hi nithin2009, yes, add few near 40-42 levels for now.

    Hi gayaram, if jp holds onto support at 90 levels during the fall one can enter it. else enter lower near 85

    Hi r k g, adan is a hold for now. would advice to exit call if nifty opens below 5780. to hedge aban enter couple of 5700 puts

    Hi sekhar, try nseindia.com


  2. sekhar Says:
    April 13th, 2011
    Posted at: 1:02 am

    hi "CB" ok thank you , good night


  3. YOGI Says:
    April 13th, 2011
    Posted at: 1:04 am

    Hi all some updates
    GMR Group (“GMR”) announced that it has completed its previously announced sale of a 50% interest in InterGen NV (InterGen) to a consortium led by China Huaneng Group (Huaneng) for total consideration of $1,232 million. The transaction is completed after obtaining various regulatory approvals in each of the jurisdictions where InterGen has operations as well as approval of the Government of the People’s Republic of China. Completion of this transaction reduces GMR Group’s debt liability to the tune of USD 1 Billion and would release USD 225 Million as equity that can be utilized for future investments by the Group.


  4. YOGI Says:
    April 13th, 2011
    Posted at: 1:06 am

    The Rs 1100 cr. Emami Limited makers of Boroplus, Fair and Handsome, Zandu Balm and Navratna has announced the acquisition of the exclusive India rights of a phenomenal award winning skin care technology – ‘Multi Plant Stem cell’ which will change the dynamics of the skin care industry in the country and pave the way for a new course of growth for Emami. The company has acquired the exclusive India rights of the proven, tried and tested technology from Mibelle Biochemistry of Switzerland.


  5. YOGI Says:
    April 13th, 2011
    Posted at: 1:09 am

    SEW Infrastructure Ltd., a leading infrastructure company from Hyderabad has completed a project awarded by National Highways Authority of India to build a new Four Lane Highway from Khalghat to Madhya Pradesh/Maharashtra Border - NH-3. The project was dedicated to the nation on 04th April, 2011.
    This prestigious highway project was awarded by NHAI to SEW Navayuga Barwani Tollways Private Limited, a joint venture between SEW Infrastructure Ltd & Navayuga Engineering Company Limited on BOT basis. The project includes 82.882 Km of highway development and 768m long major bridge across the river Narmada.


  6. YOGI Says:
    April 13th, 2011
    Posted at: 1:10 am

    Areva T&D India Ltd has announced that the Board of Directors of the Company at its meeting held on April 11, 2011, have in principle decided for Demerger of the Distribution Business of the Company, to its wholly owned subsidiary viz. Smartgrid Automation Distribution and switchgear Limited.
    As per terms, the appointed date is April 01, 2011 and the indicative fair exchange ratio in principle determined by the Valuers is:-
    For every 1 (one) Equity Share of face and paid up value of Rs. 2/- (two) held in AREVA T&D India Ltd., 1 (one) Equity Share of face and paid up value of Rs. 2/- (two) in Smartgrid Automation Distribution and switchgear Limited to be issued to the equity shareholders of AREVA T&D India Ltd.


  7. YOGI Says:
    April 13th, 2011
    Posted at: 1:12 am

    Thomas Cook (India) Limited, the largest integrated travel and travel related financial services company in India, has announced a strategic partnership with Indian Institute of Tourism and Travel Management.A unique two year Post Graduate Diploma in Management in International Business focusing on tourism is being planned.
    The Programme is approved by AICTE (All India Council for Technical Education). The program has been developed with careful support and guidance of a Training Centre – "Centre of Learning", an initiative of Thomas Cook (India) Limited


  8. YOGI Says:
    April 13th, 2011
    Posted at: 1:16 am

  9. CB Says:
    April 13th, 2011
    Posted at: 1:28 am

    Hi sekhar, most welcome.. Good night

    Hi YOGI, thanks for the updates.. Good night..


  10. YOGI Says:
    April 13th, 2011
    Posted at: 3:34 am

  11. thavva Says:
    April 13th, 2011
    Posted at: 7:16 am

    Hi YOGI, Thanks. Posting @ 3:34 am? what yaar not slept?


  12. arun bj Says:
    April 13th, 2011
    Posted at: 7:34 am

    cb can i buy hindalco today . .


  13. Kartik Says:
    April 13th, 2011
    Posted at: 8:27 am

    Hi arun bj, no, dont enter it for Intraday

    Hi YOGI, GM, thanks

    Hi thavva, GM


  14. United Says:
    April 13th, 2011
    Posted at: 8:29 am

    Morning Karthik. Any hope for Bharti today? Have to sell today. Whats the best it can see? Thanks.


  15. SAGAR Says:
    April 13th, 2011
    Posted at: 10:44 am

    Technical View :

    Sell Nifty Fut 5868-78
    SL= Above 5900
    Tgt = 5830

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