Quotes with Resistance & Support
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Technical View:: Nifty, JSW steel, Axis bank, Patel Eng & Bank of India

Posted on: January 13th, 2012 and is filed under Techinicals Breakouts NSE BSE.

Nifty: Nifty does look good. Now has strong support at 4780-4800 levels. Technically seems could head upto 4950 in coming days. If breaks strong support at 4780, selling pressure is likely to resume again which may take nifty lower to 4650 Axis bank: Axis bank has recovered quite a bi…

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Intraday calls for 13-01-12

Markets likely to open flat, Support for nifty is at 4780 and resistance at 4870. Buy Balrampur Chini around 41, Target: 44, SL 39.50 Buy Cairn at 328, Target: 335, SL 323 – (book profits at 335) 2:27pm: Buy LT as BTST at 1168 for a target of 1190, SL 1150 …

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Infosys shares fall 6% on reduced dollar guidance

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

Shares of Infosys Technologies fell 6.28% in the opening trades on Thursday, after the IT and software services company cut its dollar revenue growth guidance for the fiscal year to March due to the debt crisis in Europe, its second-biggest market. The Infosys results weighed on the mark…

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Intraday calls for 12-01-12

Markets likely to open flat, Support for Nifty at 4780. Resistance at 4870 Buy Sterlite Industries at 100.50, Traget: 104, SL 98 …

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Intraday calls for 11-01-12

Markets likely to open flat, Support at 4790 Buy Infosys at 2860, Target: 2890, SL 2845 – (Book profit at 2890) 11.23am – Buy Tata steel at 375, target: 383. Stoploss: 369 – (Book profit in tata steel at 382) 2.00pm – Buy Bank of Baroda at 720, target: 733-736. …

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Markets end at one-month high

Posted on: January 10th, 2012 and is filed under Market News.

Benchmark share indices gained over 2% on Tuesday to end at one-month highs, on the back of positive cues from Asia and Europe, led by index heavyweight Reliance Industries and financial shares. The markets strengthened further post Moody’s upgraded India’s rating to investmen…

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Intraday calls for 10-01-12

Markets likely to open flat, Nifty has support at 4680 and resistance at 4790. Buy Divis Laboratories at 792, Target: 805, SL 784 11.38am – book profit in hdil at 61.75-62 …

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Intraday calls for 09-01-12

Markets likely to open flat. Support for nifty is at 4690 and resistance at 4785 Buy Shipping Corporation of India at 53.85, target: 56. Stoploss: 52.20. Buy BHEL at 249-251, target: 258. Stoploss: 246 – (book profit at 256) 1.14pm – buy HDIL at 58, target: 62. Stoploss: 5…

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Technical View:: Nifty, DLF, Infosys, UTV Software & Delta Corp

Posted on: January 9th, 2012 and is filed under Techinicals Breakouts NSE BSE.

Click on chart to enlarge. Nifty: Nifty is now at a point from where it could break on either sides. It has strong resistance at 4780-4800 levels and last 3 times it tried to cross it, it witnessed quite a bit of selling pressure. Since then it has been moving in a small range of 4700-4…

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Intraday calls for 07-01-12

Markets likely to open a bit lower. Support for nifty is at 4700 and resistance at 4810. Buy UTV Software above 1031, target: 1050-1055. Stoploss: 1017 …

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