Quotes with Resistance & Support
Market Information

Call for 08-09-12

Markets likely to open higher, resistance for nifty at 5380 Buy Lupin at 609 for 1-2 days target: 624, SL 598 …

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Intraday calls for 07-09-12

Markets likely to open higher, resistance for Nifty at 5340 Buy Axis bank around 960-965, Target: 980, SL 948 – (Book profit in axis bank at 977) …

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Buy AUD/ USD – Book profits at 1.0247

Posted on: September 6th, 2012 and is filed under Commodities & Forex trading calls.

It has corrected quite a bit in last few days. Technically is nearing support levels. One can enter at cmp: 1.0219 for a target of 1.0249. Open a Forex trading account with minimum deposit of $50/ Rs.2500 and start trading instantly. Clic…

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Intraday calls for 06-09-12

Markets likely to open flat, Support for Nifty at 5210 Buy Shriram Transport Finance at 628, Target: 640, SL 620 – (Exit from Shriram Transport at 635) 1.20pm – Continue to hold 5200pe as hedge. Markets are likely to remain volatile ahead of ECB meet …

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Morgan Stanley downgrades Axis Bank, shares fall

Posted on: September 5th, 2012 and is filed under Market News.

Cuts target price on stock from Rs 900 to Rs 800. Morgan Stanley downgraded Axis Bank to “underweight” from “equal weight” and cut its target price on the stock to Rs 800 from Rs 900, citing rising impairments. The investment bank expects the impaired loan formati…

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Intraday calls for 05-09-12

Markets likely to open lower, Support for Nifty at 5235 and and resistance at 5300 Buy PowerGrid around 124, Target: 130, SL 120 – (Exit from Powergrid at 123.50 as markets are going weak) 12.26pm – To hedge longs, buy 5200pe at 60, target: 74. Stoploss: 5250 (spot) …

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Intraday calls for 04-09-12

Markets likely to open flat, support for Nifty is at 5235 and resistance at 5300 Buy Reliance Industries at 763, target: 778. Stoploss: 752. – (Book profit in RIL at 771-772) 1.11pm – Buy M&M at 764, target: 778. Stoploss: 755 – (can hold M&M as btst. same sl…

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Intraday calls for 03-09-12

Markets likely to open flat. Support for nifty is at 5240. Buy Century Textiles at 313.30, target: 321. Stoploss: 307 – (Book profit in Century textile at 320-321) …

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Technical View:: Nifty, Siemens, Biocon & United Breweries

Posted on: September 1st, 2012 and is filed under Techinicals Breakouts NSE BSE.

Click on the chart to enlarge. Nifty: Nifty is now near strong support levels of 5230-5250. Its likely it bounces back to levels of 5350 from here. On the upside has strong resistance higher near 5450 levels. On the downside, if closes below 5230, could head lower to 5150. Siemens: S…

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Q1 GDP at 5.5% vs 5.3 % QoQ

Posted on: August 31st, 2012 and is filed under Market News.

Gross Domestic Product (GDP) for the April-June quarter grew a better-than-expected 5.5%, after eight successive quarters of declining growth. A CNBC-TV18 poll had estimated that quarterly GDP would grow 5.3%. However, the slight improvement in the figured failed to enthuse the market. …

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