Quotes with Resistance & Support
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Technical view on top 50 traded stocks

Posted on: Saturday, May 28th 2011 and is filed under Market News.

Larsen & Tubro (LT) (1638.30) – Good support at 1580 levels. Resistance at 1660 (closing basis) State bank of India (2234.65) – Support at 2160, Resistance at 2330 ITC (188.95) – Facing strong resistance at 192-195 levels. support at 185 Reliance (945.45) –...

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Intraday calls for 27-05-11

Markets likely to open higher, Resistance for nifty is at 5430 and support at 5370 Buy Amtek India at 87.50, Target: 90.20, SL 86 ...

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Markets rebound, metal shares sign

Posted on: Thursday, May 26th 2011 and is filed under Market News.

Markets extended the morning gainsfollowing firm Asian peers and rally in metal shares. The S&P CNX Nifty gained 39 points, at 5,389 and the benchmark Sensex advanced 139 points, at 17,988. Markets bounced ahead of expiry because the markets were oversold on the technical charts. Ra...

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Intraday calls for 26-05-11

Markets likely to open flat, support at 5320(closing basis) Buy Lupin at 439, Target: 446, SL 434 3.17pm – buy bhel at 1925, target: 1960, Stoploss :1900. 1-2 day hold. ...

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DLF drops 5% in morning trade on poor Q4 nos

Posted on: Wednesday, May 25th 2011 and is filed under Market News.

Shares of realty major DLF took a hit in morning trade on the bourses today, shedding 5% on the NSE after the company reported a drop in consolidated net profit for the quarter ended March 31, 2011. On the NSE, the stock plunged by 5.02% to hit a one-year low of Rs 208.10. On BSE, the s...

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Intraday calls for 25-05-11

Markets likely to open lower, Nifty has support at 5370 and resistance at 5440 Sell Maruti around 1205, Target: 1175, SL 1226 ...

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Intraday calls for 24-05-11

Markets likely to open flat. Support for nifty is at 5350 and resistance at 5460 Buy Prime focus at 58, target: 61. Stoploss: 56.50 ...

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Midcap IT: Hexaware, Polaris set to shine through

Posted on: Tuesday, May 24th 2011 and is filed under Market News.

Give robust guidance for the year, while client-specific issues continue to hit Sasken & MindTree. The March quarter results posted by midcap information technology (IT) companies were a mixed bag. While Hexaware Technologies, Polaris Software and Firstsource (FSL) posted good resul...

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Intraday calls for 23-05-11

Markets likely to open lower. Nifty has support at 5400 and resistance at 5500. If markets show recovery later during the day, buy: Divi’s laboratories. 12.06pm – Short JP associates (futures) at 79.60, target: 77. Stoploss: 81 ...

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ONGC, SBI biggest losers in market cap last week

Posted on: Monday, May 23rd 2011 and is filed under Market News.

Hit by huge losses in the market capitalisation (m-cap) of state-owned ONGC and SBI, the combined market worth of eight of the country’s top-10 firms diminished by Rs 78,553.96 crore during last week. Oil and Natural Gas Corporation (ONGC) suffered a loss of Rs 26,222.55 crore fro...

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