Quotes with Resistance & Support
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Intraday calls for 16-05-11

Markets likely to open lower. Support for nifty is at 5470 and resistance at 5600 On Intraday dips, buy Havells with stoploss at 388. – (book profit in Havells at 402-403) 9.36am – buy jsw steel in small quantity at 947, target: 958. stoploss: 933 – (sl triggered) ...

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Petrol price to go up by Rs. 5 per litre from 05-15-11. Another rate hike on the cards soon!

Posted on: Saturday, May 14th 2011 and is filed under Market News.

In the steepest hike ever, state-owned oil companies have increased petrol price by about Rs. 5 per litre with effect from midnight tonight. The increase in petrol price, which the oil firms had been holding since January even though crude oil had touched a two-and-a-half-year high, came...

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Nifty moving in a tight range of 5450-5600. Could break on either of the sides

Posted on: Saturday, May 14th 2011 and is filed under Market News.

As seen in the image below nifty has been trading in a range of 5450-5600 for quite some time. 5600 levels with was previously a good support level, is now acting as strong resistance and nifty has seen selling pressure from this level in last 3 tries. If nifty does manage to close above ...

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Intraday calls for 13-05-11

Markets likely to open flat, Support for Nifty at 5470 Buy Max India at 172, Target: 178, SL 166 (trade in small quantities) Nifty Future/Index LIVE Charts with Volume & Technical Indicators – Click to view...

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IIP, export figures show economy in good shape

Posted on: Friday, May 13th 2011 and is filed under Market News.

Things seem to be going India’s way. At least that’s what the latest economic numbers show. While industrial growth surged 7.3 per cent in March after staying below five per cent for four months prior to that, food inflation fell to an 18-month low of 7.7 per cent during the week end...

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Nifty chart Live Chartink.com

Posted on: Thursday, May 12th 2011 and is filed under Announcements.

Get Live Nifty Chart Intraday (NSE), Nifty Future Charts at Chartink.com, with various Indicators such as Ichimoku Cloud, RSI, MACD, Slow/Fast Stochastic, Bollinger Band, Parabolic SAR,...

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Slumping oil, commodity prices halt stock rally – Wall Street

Posted on: Thursday, May 12th 2011 and is filed under Market News.

Stan Choe and David K. Randall, AP Business Writers, On Wednesday May 11, 2011, 3:53 pm NEW YORK (AP) — Tumbling demand for commodities and a drop in the euro put financial markets on edge Wednesday, pulling the Dow Jones industrial average down nearly 150 points. Demand for gasol...

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SKS Microfinance to revamp business model, raise Rs 4,000 cr

Posted on: Wednesday, May 11th 2011 and is filed under Market News.

SKS Microfinance, whose shares have slumped 42 per cent in the last three weeks on losses and low recovery in Andhra Pradesh, its largest market, plans to revamp its business model. India’s biggest and only listed microfinance company today said it would raise Rs 4,000-5,000 crore in 2...

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Intraday calls for 11-05-11

Markets likely to open flat, resistance for Nifty at 5620, support 5490 Buy United Breweries Ltd at 538, Target: 548, SL 530 – (book profit at 560) 9: 40am: Buy Kajaria Ceramics at 91.20, Target: 96-97 (hold for 1-2 days), SL 87 (buy in small quantity) 10.27am – buy nifty 5...

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