Quotes with Resistance & Support
Market Information

Intraday calls for 23-08-11

Markets likely to open flat, resistance at 4950, Support at 4830 Sell Tata power on rise around 1115-1120, Target: 1090, SL 1135 (trade in small quantity) 11.14am – Buy Reliance ind at 753, target: 765. Stoploss: 742 (book profit at 764) 12.43pm – buy HDFC at 644.50, targe…

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Intraday calls for 22-08-11

Markets likely to see a flat opening. Support for nifty is at 4790 and resistance at 4900. Buy Jain Irrigation Systems Ltd at 164-166, target: 171. Stoploss: 162 trade in small quantity …

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Markets set for huge volatility

Posted on: August 22nd, 2011 and is filed under Market News.

Indian equity markets, which have been going through one of their longest losing streaks in recent history, might see some respite during the week as domestic institutions accelerate their buying activity. Experts, however, say any upswing would be temporary as global sentiment remains ex…

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Intraday calls for 19-08-11

Markets likely to open lower If Markets show recovery later, buy BHEL …

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Sensex crashes, Nifty hits 15-month low

Posted on: August 18th, 2011 and is filed under Market News.

After a few days of relative calm, Indian equity benchmarks closed with enormous cuts, with the NSE Nifty closing below 5000 for the first-time since June 2010, nearly 15-month low. It was a complete free-fall on the Dalal Street on Wednesday, dented by the fears about recovery in the Eur…

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Intraday calls for 18-08-11

Markets likely to open flat, Support for Nifty at 5000, resistance at 5220 If Markets show recovery later, buy Hero MotoCorp 12.34pm – sell jsw steel future at 637, target: 622. Stoploss: 648 (1-2 day hold) …

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MTNL at lifetime low, down 15% post Q1 results

Posted on: August 17th, 2011 and is filed under Market News.

Mahanagar Telephone Nigam Limited (MTNL) is trading 3% lower at Rs 36.55, extending its three day fall of over 13%, after widening its net losses by 88% to Rs 850 crore for the first quarter ended June 2011 mainly on account of expenditure on staff cost and retirement benefits. The compan…

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Intraday calls for 17-08-11

Markets likely to open flat, resistance for Nifty at 5200 Sell JSW Steel below 640 …

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German economic growth slows sharply

Posted on: August 16th, 2011 and is filed under Market News.

Germany had been helping to drive the economic recovery in Europe Growth in the German economy slowed sharply between April and June and was weaker at the start of the year than previously thought, figures show. The economy grew by just 0.1% in the quarter, according to provisional figu…

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Intraday calls for 16-08-11

Markets likely to open flat. resistance for nifty is at 5200 and support at 5040 Buy IDFC on dips with Stoploss at 115 1.44pm – buy nifty 5000 pe at 62, target: 75. Stoploss: 5100 (nifty spot) – (book profit at 76) …

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