Quotes with Resistance & Support
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Markets trade firm

Posted on: Friday, June 3rd 2011 and is filed under Market News.

The markets are trading firm after a quiet opening with the Sensex gaining 136 points at 18,632 and the Nifty crossed the resistance level of 5,600 briefly but is currently trading at 5,593 up 42 points. __________________ The markets have opened in the positive with the Sensex gaining...

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Intraday calls for 03-06-11

Markets likely to open flat, Support for Nifty at 5510, resistance at 5600 Buy Zee Entertainment around 142.50, Target: 148, SL 138 (continue to hold for 1-2 days) ...

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Sun TV, SpiceJet shares fall on telecom probe reports

Posted on: Thursday, June 2nd 2011 and is filed under Market News.

Shares in Sun TV and budget carrier SpiceJet plunged after media reports said a public lawsuit had named the companies’ chairman’s brother Dayanidhi Maran in a telecoms probe. Maran, who is the minister for textiles in the central government, is alleged to have favoured one t...

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Intraday calls for 02-06-11

Markets likely to open lower, support for Nifty at 5510 Buy Bharti Airtel on dips ...

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Australian economy reports biggest fall in 20 years

Posted on: Wednesday, June 1st 2011 and is filed under Market News.

Australia has reported its biggest quarterly fall in gross domestic product (GDP) in 20 years. Its economy contracted by 1.2% in the first three months of the year compared with the previous quarter, the latest government figures showed. The government said flooding and cyclones in the ...

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Intraday calls for 01-06-11

Markets likely to open flat, Nifty has resistance at 5600 and support at 5510. Buy Canara Bank at 544, Target: 554, SL 536 ...

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Sensex may rise 19%; remain buyers of Indian equities: Morgan Stanley

Posted on: Wednesday, June 1st 2011 and is filed under Market News.

MUMBAI: The Bombay Stock Exchange’s (BSE) Sensitive Index (Sensex) can climb as much as 19% even as investors debate whether soaring inflation will eat into growth and lead to earnings downgrades, said Morgan Stanley. Adani Enterprises , DLF and Coal India are top picks and small-ca...

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Intraday calls for 31-05-11

Markets likely to open slightly higher. Support for nifty is at 5450 and resistance at 5515 Buy HDFC Bank above 2316, target: 2340. Stoploss: 2296- (book profit at 2345) 9.19AM – buy Renuka sugars at 61, target: 64. Stoploss: 59 – (book profit at 62.50) 2.34PM – buy t...

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Gold falls to Rs 22,820, silver slips by Rs 350

Posted on: Monday, May 30th 2011 and is filed under Market News.

Gold declined by Rs 45 to Rs 22,820, while silver shed Rs 350 to Rs 57,250 per kg today due to a weakening global trend amid sluggish local demand. Traders said sentiments turned weak after both the precious metals recorded fresh losses in the global markets along with lack of buying in...

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Intraday calls for 30-05-11

Markets likely to open flat. Support for nifty is at 5450 and resistance is higher near 5550 levels. Buy IRB Infrastructure Developers Ltd at 151.50, target: 155.50. Stoploss: 147 9.33am – buy tata coffee at 845, target: 858. Stoploss: 832 – (book profit at 855-858) 12.24pm...

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