Quotes with Resistance & Support
Market Information

Intraday calls for 07-03-12

Markets likely to open flat. Support for nifty is at 5150 and resistance at 5300 Buy Bhushan Steel at 376.50, target: 384. Stoploss: 371. – (exit Bhushan steel at 374) Sell Biocon at 267-268, target: 260. Stoploss: 273 – (Book profit in Biocon at 263.50) 2.56pm – Nift…

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Technical View :: Axis bank, Tata steel, Hindalco & HDIL

Posted on: March 6th, 2012 and is filed under Techinicals Breakouts NSE BSE.

Tata steel: Tata steel has good support at 440 levels. If manages to close below this, it can test 420. Hindalco Industries: Hindalco has strong support at 135 levels. If close below this could take it lower to 123-125. Axis bank: Axis bank has good support at 1150 levels. Below …

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SP emerges as largest party in UP

Posted on: March 6th, 2012 and is filed under Market News.

Samajwadi Party is emerging as the single largest party leading in 173 of the total 403 seats in Uttar Pradesh Assembly. BSP, which had won an absolute majority with 206 seats in the 2007 polls, is leading in 98 seats, whereas BJP and Congress are ahead in 56 seats each. Other political…

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Tata Steel, ONGC in Fortune list

Posted on: March 6th, 2012 and is filed under Market News.

Two Indian companies, Tata steel and ONGC, have made it to a list of the world’s most admired companies, compiled by management consultancy giant Hay Group and global business magazine Fortune. While the global rankings of the Indian companies were not known, the worldwide list has …

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Intraday calls for 06-03-12

Markets likely to open a bit lower. Nifty has resistance at 5320. Sell Axis bank at 1150, target: 1122. Stoploss: 1165 If markets show some recovery later during the day, buy: Godrej Industries 9.22am – sell HDIL below 100, target: 96. Stoploss: 103 …

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ADAG shares gain post CAG stand, R-Infra surges 5%

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

The Anil Dhirubhai Ambani Group (ADAG)-promoted companies’ shares are in limelight in an otherwise weak market on reports that the Comptroller and Auditor General (CAG) has softened stand on the issue of the government allowing windfall gains to Reliance Power. Now, the company can …

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Intraday calls for 05-03-12

Markets likely to open a bit lower. Support for nifty is at 5290 and resistance at 5420. Buy Bajaj Finserv at 625-630, target: 653. Stoploss: 617 Trade in small quantities …

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Intraday calls for 03-03-12

Markets likely to open flat. Support at 5300 and resistance at 5420 Buy Sun Pharma at 566, target: 578. Stoploss: 560 (1-2 day hold) …

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Intraday calls for 02-03-12

Markets likely to open slightly higher. Support for nifty is at 5340 and resistance 5420 Buy Bank of Baroda above 828, target: 841. Stoploss: 819 – (exit BOB at 825) 11.06 am – Book profit in 5400 ce at 163 …

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Reliance begins buyback, nibbles Rs 50 cr in 3 weeks

Posted on: March 2nd, 2012 and is filed under Market News.

The country’s largest buyback programme has begun, although with initial small steps. Reliance Industries Ltd (RIL) has started the Rs 10,000-crore programme by buying small quantities of its own shares. Since the start of the buyback on February 7, the company has bought back about 545…

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