Quotes with Resistance & Support
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Sensex zooms 406 points, Nifty regains psychological 5,500 level

Posted on: September 14th, 2012 and is filed under Market News.

Mumbai: The BSE benchmark Sensex surged over 406 points in early trade on Friday on flurry of buying by funds and retail investors, driven by strong global cues after the Federal Reserve unveiled a fresh stimulus plan to help bolster the US economy. The 30-share barometer, which has gain…

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Intraday calls for 14-09-12

Markets likely to open higher, support at 5340 and resistance at 5560 Sell TCS on rise – (Book profits in TCS at 1412 if entered short at opening) 12.45pm – Buy JSW Steel at 708.50, target: 722. Stoploss: 697 – (Book profits in JSW Steel at 715.50) 2.53pm – If h…

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Diesel price hiked by Rs 5/litre, cap on LPG cylinder supply

Posted on: September 14th, 2012 and is filed under Market News.

New Delhi: Biting the bullet, the government Thursday hiked diesel prices by a steep Rs 5.62 per litre and restricted the supply of subsidised cooking gas to 6 cylinders per household in a year to fetch an additional Rs 20,300 crore. It, however, left kerosene rates untouched and spared …

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Intraday calls for 13-09-12

Markets likely to open flat. Support for nifty is at 5340. Buy Pantaloon Retail at 151, target: 157. Stoploss: 147 – (Sl triggered- can continue to hold for 1-2 days) …

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Projecting Near Future Gold Prices

Posted on: September 12th, 2012 and is filed under Market News.

Gold investment has always been something of a tricky concept, in large part because it simply works so differently from other forms of investment. When you put your money into normal, publicly traded stocks, you can forecast the outlook for those stocks through observing a number of diff…

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Intraday calls for 12-09-12

Markets likely to open higher, Nifty faces support at 5330 and resistance at 5420 Buy Seimens around 700, Target: 718, SL 688 – (Exit from Siemens at 675) …

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Sesa Goa shares slump on Goa iron ore mining ban

Posted on: September 12th, 2012 and is filed under Market News.

The temporary suspension on mining iron ore in Goa is unlikely to substantially hit Sesa Goa and other miners in the state, as mining activity during the monsoon season is typically low. The company’s shares fell 5.81 per cent on Tuesday, closing at Rs 159.80 a share on the BSE. Sterl…

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Intraday calls for 11-09-12

Markets likely to open lower, support for Nifty at 5330 and resistance at 5380. Buy Tata Coffee at 990, Target: 1020, SL 978 – (avoid due to gap up opening) 10.02am – Technically BOC India has given a good breakout above 445. One can add 50% at cmp: 465 for a target of 480 i…

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Intraday calls for 10-09-12

Markets likely to open flat, resistance for NIfty at 5380 Buy Apollo Tyres at 95, Target: 98.5, SL 93 – (Exit from Apollo tyres if breaks 94 (Spot)) 10.32am – Book profit in Lupin at 624 …

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Weekly: Markets gain nearly 2% on strong global cues

Posted on: September 8th, 2012 and is filed under Market News.

Benchmark share indices gained nearly 2% in the extended trading week ended September 8, amid a rally in global stocks after the European Central Bank rolled out a bond buying programme, led by software, auto and bank shares. The 30-share Sensex ended up 1.8% at 17,750 and the 50-share S…

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