Quotes with Resistance & Support
Market Information

Intraday calls for 16-03-12

Markets likely to open flat. Support for nifty is at 5350. Buy Pipavav Defence (NSE: PIPAVAVDOC) at 80.80, target: 83.20. Stoploss: 78 – (Book profit in Pipavav at 83) 1.14pm – Buy Bharat Forge at 334.90, target: 345. Stoploss: 328. (1-2 day hold) – (SL triggered in B…

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Buy USD/CAD – SL Triggered

Posted on: March 15th, 2012 and is filed under Commodities & Forex trading calls.

Technically USD/ CAD is near good support levels. can expect some bounce from here. Buy USD/CAD at 0.9932, target: 1.0000. Stoploss near 0.9880 – (SL triggered) …

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Aditya Birla Nuvo due for re-rating

Posted on: March 15th, 2012 and is filed under Market News.

Having achieved scale, the firm?s fast-growing businesses like telecom and financial services are aiding stronger earnings growth. This should lead to better stock valuations The tide seems to be turning for Aditya Birla Nuvo (ABN), which underperformed on the bourses in the past five y…

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Intraday calls for 15-03-12

Markets likely to open flat. Support for nifty is at 5430 and resistance at 5550. Buy Crompton Greaves at 146-147, target: 151. Stoploss: 142 – (book profit at 151) …

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Sell Silver – Book 10% profit at 32.57

Posted on: March 14th, 2012 and is filed under Commodities & Forex trading calls.

Technically Silver is going a bit weak. Has strong resistance at 35-36 levels. Sell Silver at 33.15, target: 31. Stoploss: 35 – (Book 10% profit at 32.57) …

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Intraday calls for 14-03-12

Markets likely to see a gap up opening. Resistance for nifty is at 5540 Buy Alok Industries above 21, target: 22.20. Stoploss: 20.20 Buy Oracle Financial services at 2515-2530, target: 2560. Stoploss: 2490 …

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Intraday calls for 13-03-12

Markets likely to see a gap up opening. Resistance for nifty is at 5430. If markets show weakness later during the day, sell: Axis bank …

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Budget may be a dry affair for exporters

Posted on: March 13th, 2012 and is filed under Market News.

Given the tight fiscal room within which the government is operating, for the first time in many years, the Budget may not have any incentive for exporters. “It is unlikely the Budget will have anything to offer to the export community this financial year,” a senior commerce departme…

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Intraday calls for 12-03-12

Markets likely to open a bit higher. Resistance for nifty is at 5360. Buy GVK power & infra at 18.25, target: 19.50. Stoploss: 17.50 Trade in small quantity. …

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Intraday calls for 09-03-12

Markets likely to open higher. Resistance for nifty is at 5420. Buy Cairn India at 357-358, target: 364. Stoploss: 352 9.16am – Book profit in 5200 ce at 209 9.26am – Buy Infosys at 2897, target: 2920. Stoploss: 2877 – Exit infosys at 2875 …

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