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Intraday calls for 08-05-12

Posted on: Tuesday, May 8th 2012 and is filed under Intraday Tips, Daytrading, Intraday tips for free NSE BSE Breakouts Daily intraday tips calls.

Markets likely to open flat. Resistance for nifty is at 5180 and support at 5070 Buy Castrol India at 510, target: 522. Stoploss: 502 – (If entered Castrol, exit at 511) ...

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GAAR provisions to be applicable from 2013: FM – Nifty recovers

Posted on: Monday, May 7th 2012 and is filed under Market News.

As foreign investors look forward to reassurance from Pranab Mukherjee on the pending General Anti-Avoidance Rules (GAAR), it is deferred by a year. The Finance Minister has said today that GAAR provisions will be applicable only from April 2013, reports CNBC-TV18. Mukherjee said that th...

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Intraday calls for 07-05-12

Posted on: Monday, May 7th 2012 and is filed under Intraday Tips, Daytrading, Intraday tips for free NSE BSE Breakouts Daily intraday tips calls.

Markets likely to open gap down. Resistance for nifty is at 5120 Sell Cairn India below 330, target: 324. Stoploss: 334 9.15am- Book profit in 5100 pe at 152 10.47am – Buy Hindalco at 113.35, target: 117. Stoploss: 110. Trade in small quantity – (Book profit in Hindalco at ...

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Nifty – 4950 next on cards?

Posted on: Sunday, May 6th 2012 and is filed under Market News.

Nifty did give a negative breakout below 5130 levels on Friday. As of now next target seems to be 4950. It has strong resistance now at 5150-5160 levels and support at 4930-4950. Click on the chart below to enlarge: ...

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Wall Street posts worst week of 2012 as job growth slows

Posted on: Saturday, May 5th 2012 and is filed under Market News.

By Edward Krudy NEW YORK (Reuters) – Wall Street ended its worst week this year with a sharp selloff on Friday after a slowdown in job creation in the world’s top economy raised the biggest question mark yet about the prospects for U.S. growth. Employers reduced hiring for t...

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Asian shares fall after data, ECB disappoint – Nifty below 5100

Posted on: Friday, May 4th 2012 and is filed under Market News.

Asian shares fell for a second successive day on Friday as another batch of lacklustre US data stoked concerns that the recovery in the world’s biggest economy is faltering. The euro was steady after a bumpy session on Thursday, when European Central Bank chief Mario Draghi gave a ...

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Intraday calls for 04-05-12

Posted on: Friday, May 4th 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 5160. Sell JSW Steel below 675, target: 662. Stoploss: 684 – (Book profit in JSW steel at 663) If markets show recovery later during the day, buy: Essel Propack 12.59pm- buy 5100 pe at 102.50, target: 125. Stoploss: 5140 (spo...

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Debt: West Bengal facing Greece-like tragedy

Posted on: Friday, May 4th 2012 and is filed under Market News.

Experts say moratorium on interest not a solution, debt needs to be restructured; state must look for avenues to increase revenue and curtail expenditure In March, euro zone finance ministers signed a second Greek bailout package, worth euro 130 billion. Probably, taking a cue from this,...

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Varun Industries stock price tanks 84% in 2 months

Posted on: Thursday, May 3rd 2012 and is filed under Market News.

Selling of pledged shares, along with resignation of 4 directors within a month has prompted fears that something is deeply amiss with the company Varun Industries recently hit a 52-week low Rs42.65 on the National Stock Exchange (25 April 2012) amidst share pledging by the promoters a...

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Intraday calls for 03-05-12

Posted on: Thursday, May 3rd 2012 and is filed under Intraday Tips, Daytrading, Intraday tips for free NSE BSE Breakouts Daily intraday tips calls.

Markets likely to open slightly lower. Support for nifty is at 5220 and resistance at 5310. Sell VIP Industries at 93, target: 89. Stoploss: 96 – (Avoid after gap down opening) 9.19am – Sell Tata motors at 301, target: 294. Stoploss: 307 ...

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