Quotes with Resistance & Support
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Intraday calls for 10-05-11

Markets likely to open flat, resistance for Nifty at 5620, support 5490 Buy Hindustan Zinc at 135, Target: 141, SL 131 Nifty Future/Index LIVE Charts with Volume & Technical Indicators – Click to view ...

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Gold, silver surges on strong global rebound

Posted on: Monday, May 9th 2011 and is filed under Press Releases.

Silver prices rallied further at the domestic bullion market here today due to aggressive buying by speculators and traders on the back of strong rebound in global market. The yellow metal too shot up on sustained demand from stockists as well as firm jewellery offtake.In global market, ...

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Intraday calls for 09-05-11

Markets likely to open a bit higher. Support for nifty is at 5490 and resistance at 5620. Buy Delta Corp Ltd at 82.95, target: 86. Stoploss: 80.50 Nifty Future/Index LIVE Charts with Volume & Technical Indicators R...

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Bharti, SBI were the biggest losers last week

Posted on: Sunday, May 8th 2011 and is filed under Market News.

The combined market capitalisation (m-cap) of the country’s top 10 firms declined by Rs 60,046.55 crore during the last week, with telecom giant Bharti Airtel and banking major SBI emerging as the biggest losers. The market cap of Bharti diminished by Rs 10,652.05 crore in the week...

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Intraday calls for 06-05-11

Markets likely to open flat, support for Nifty is at 5380-5400 Buy Patni computer on dips 3.08pm – buy hdil in small quantity at 142.20, target: 148. Stoploss: 138.50 (1-2 days hold) Nifty Future/Index LIVE Charts ...

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Strong support for nifty at 5320-5380. A bounce is likely from here

Posted on: Friday, May 6th 2011 and is filed under Market News.

As the below image indicates, nifty has strong support in the 5320-5380 region. As mentioned in previous posts, it did not manage to cross its long term resistance around 5950-6000 levels. it has maintained its uptrend since Nov’09 and it is likely markets see a bounce/ short coveri...

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Markets witness sudden sell-off in mid-noon trades

Posted on: Thursday, May 5th 2011 and is filed under Market News.

The markets has seen a sharp cut in the last few minutes of trades owing to fresh selling in realty, FMCG and power stocks. The Sensex which exhibited flat trades for the most part of the trading day, has now shed 181 points at 18,288. The Nifty has declined 61 points at 5,476. Tata Pow...

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Lacklustre trade continues

Posted on: Wednesday, May 4th 2011 and is filed under Market News.

Markets continued to move sideways in afternoon trades. The Sensex was down 101 points at 18,433. Nifty was trading at 5,521 – down 44 points. Auto and IT stocks have led the decline with each of the indices falling around 2%. However, oil & gas index was up 1% at 9,776. Weak...

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Intraday calls for 04-05-11

Markets likely to open flat, support for Nifty is at 5530 If markets show recovery later during the day, buy Exide Industries Nifty Future/Index LIVE Charts with Volume & Technical Indicators – Click to view...

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