Quotes with Resistance & Support
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How to play a bounce when markets correct

Posted on: Saturday, November 26th 2011 and is filed under Market News, Press Releases.

Whenever markets correct by 200-300 points (nifty), we tend to see a bounce of 80-100 points. this could be due to short covering or value buying by investors for long term investments. In such cases traders looking to play the bounce, should buy stocks which have corrected a lot. any s...

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Intraday calls for 25-11-11

Markets likely to open flat. Support for nifty is at 4700 and resistance at 4780 Buy Apollo Tyres at 64-64.60, target: 67. Stoploss: 62 Buy Tata motors at 173, target: 178. Stoploss: 169 – (Book profit in tata motors at 177) 1.40pm – Buy Reliance ind at 766, target: 785. St...

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TECHNICAL VIEW :: Nifty, Reliance ind, Tata motors, TCS & ICICI bank

Posted on: Friday, November 25th 2011 and is filed under Market News, Market Outlook, Techinicals Breakouts NSE BSE.

Below are few stock charts helping understand current trend of these stocks. Click on charts to enlarge Reliance Industries As seen in Reliance Industries chart above, its finding strong support at 750-760 levels. if breaks this level, it can head lower to 690-700 levels. on the upside,...

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Markets end with strong gains

Posted on: Thursday, November 24th 2011 and is filed under Market News.

Markets recovered smartly from the day’s low on the back of a easing food inflation data and positive cues from European markets. The Sensex, after touching a low of 15,479, recovered to a high of 15,901. The index finally ended up 159 points at 15,858. Nifty was up 50 points at 4,7...

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Intraday calls for 24-11-11

Markets likely to open flat, resistance for nifty at 4720 Buy Amtek India at 75.50, Target: 78.30, SL 73 – (book profit at 78.40) traveling currently. shall be online late in the evening. ...

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World stocks hit by signs of slowdown in China, US

Posted on: Wednesday, November 23rd 2011 and is filed under Market News.

World stocks down after US cuts 3Q growth estimate, survey shows China manufacturing slowdown BANGKOK (AP) — World stocks fell Wednesday after a survey showed China’s factories are cutting production and the U.S. lowered its third quarter growth estimate, adding to pessimism ...

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Nifty below strong support of 4720

Posted on: Wednesday, November 23rd 2011 and is filed under Market News.

Nifty made a low of 4698 at noon. technically if it heads for a close below 4720, further weakness is likely to step in and markets could head lower to 4500 in near term. ...

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Siemens drops 4% on disappointing Q4 net

Posted on: Wednesday, November 23rd 2011 and is filed under Market News.

Siemens has tumbled 4% in morning trades following a 29% drop in Q4 net profit. Siemens reported a 29% drop in net profit for the quarter ended September 2011 at Rs 178.1 crore due to exchange loss of Rs 158.6 crore. Sales grew 19% over the corresponding previous quarter at Rs 3,558.6 cr...

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Intraday calls for 23-11-11

Markets likely to open lower, next support for nifty at 4720 Buy Bombay Dyeing on dips (trade in small quantity) ...

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Markets on a firm ground

Posted on: Tuesday, November 22nd 2011 and is filed under Market News.

The markets continued to trade on a firm note in the noon deals. The Sensex was at 16,105, up 159 points and the Nifty at 4,815, up 38 points. Earlier in the day, the BSE benchmark opened in the green and the Sensex touched the day’s high at 16,152. Tata Motors was the top gainer ...

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