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Intraday calls for 23-05-12

Posted on: Wednesday, May 23rd 2012 and is filed under Intraday Tips, Daytrading, Intraday tips for free NSE BSE Breakouts Daily intraday tips calls.

Markets likely to open flat. Support for nifty is at 4820 and resistance at 4940 Sell Tata steel at 399, target: 389. Stoploss: 406 – (Book profit in Tata steel at 395) Buy HCL Technologies above 490, target: 502. Stoploss: 482 – (if possible continue to hold hcl tech for 1-...

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Rupee slumps to record low of 55.47/dlr; RBI still absent

Posted on: Wednesday, May 23rd 2012 and is filed under Market News.

By Swati Bhat MUMBAI (Reuters) – The rupee hit a record low to the dollar for the fifth straight session on Tuesday, weighed down by large dollar demand from oil firms and weak global risk sentiment, especially after Fitch downgraded Japan’s ratings. The falls came even afte...

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Intraday calls for 22-05-12

Posted on: Tuesday, May 22nd 2012 and is filed under Intraday Tips, Daytrading, Intraday tips for free NSE BSE Breakouts Daily intraday tips calls.

Markets likely to open higher. Support for nifty is at 4880 and resistance at 4950. If markets show weakness later during the day, sell: Wipro below 388, target: 378. Stoploss: 393 – (Book profit in Wipro at 380) ...

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Wall Street:Stock Market Breaks Losing Streak: Nasdaq Rallies More Than 2%

Posted on: Tuesday, May 22nd 2012 and is filed under Market News.

NEW YORK (AP) — After three weeks of dumping stocks, investors finally found something to be hopeful about. Major U.S. indexes climbed Monday after falling every day last week. Investors latched on to weekend statements from China’s Premier Wen Jiabao, who promised to boost t...

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R-Cap turns green, posts Rs 329-cr profit

Posted on: Monday, May 21st 2012 and is filed under Market News.

Aided by the sale of stake in its asset management business to Japan’s Nippon Life Insurance Co, Reliance Capital Ltd (R-Cap), the financial services arm of the Anil Ambani-led Reliance Group, reported a consolidated net profit of Rs 329 crore in the quarter ended March 31, compared to ...

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Intraday calls for 21-05-12

Posted on: Monday, May 21st 2012 and is filed under Intraday Tips, Daytrading, Intraday tips for free NSE BSE Breakouts Daily intraday tips calls.

Markets likely to open flat. Support for nifty is at 4840 and resistance at 4930 Buy LIC housing finance at 240-242, target: 249. Stoploss: 235 ...

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Markets bank on SBI to bounce back from lows

Posted on: Saturday, May 19th 2012 and is filed under Market News.

Key equity index, the BSE Sensex, today staged a dramatic comeback after the country’s largest bank, State Bank of India (SBI), announced a jump of nearly 200 times in fourth-quarter net profit. The 30-share Sensex gained nearly 400 points from intra-day low levels to close at 16,152. ...

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BHEL – Nearing 5 year low. At strong support. Can expect a bounce from here

Posted on: Friday, May 18th 2012 and is filed under Market News.

BHEL is nearing strong support levels. Its 5 year low is at 190-195 levels. Made the first low in 2007 and then in 2008. Since then it has not seen 190-200 levels. In recent market correction, it has now reached levels of 200. It is likely it sees a bounce back from here. possibly upto 22...

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Intraday calls for 18-05-12

Posted on: Friday, May 18th 2012 and is filed under Intraday Tips, Daytrading, Intraday tips for free NSE BSE Breakouts Daily intraday tips calls.

Markets likely to open lower. Support for nifty is at 4820. If markets show recovery later during the day, buy: Ranbaxy Labs above 475. 11.32am – Continue to hold BHEL. near strong support levels. 1.33pm – buy nifty 4900ce at 50, target: 74. Stoploss: 4820 (spot) – (...

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Dow closes in RED for 11th time in 12 days

Posted on: Friday, May 18th 2012 and is filed under Market News.

NEW YORK (AP) — The Dow Jones industrial average is heading for its 11th loss in 12 days after a pair of discouraging economic reports and as investors worried about Greece’s possible exit from euro. The Dow fell 130 points to 12,469 a half-hour before the closing bell. It...

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