Quotes with Resistance & Support
Market Information

FIIs offload shares worth $1.5 bn in first 12 days of August

Posted on: August 14th, 2011 and is filed under Market News.

Foreign institutional investors (FII) have offloaded shares worth $1.30 billion (about Rs 5,829.40 crore) in the Indian equity market so far this month, as stock markets were rattled by global economic uncertainty. In August 1-12 this year, overseas investors purchased equities worth a g…

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Intraday calls for 12-08-11

Markets likely to open higher. Resistance for nifty is at 5200. Buy Muthoot Finance at 194.20, target: 199. Stoploss: 190.50 Note: Wont be able to be online as I am traveling …

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Intraday calls for 11-08-11

Markets likely to open flat, Technically below 5200 we look weak If Markets show weakness during the day, sell Kotak Bank Facing power issues. shall be back by 5 pm …

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Nifty – Technical View

Posted on: August 11th, 2011 and is filed under Market News.

Nifty is currently trading below good support levels of 5200. technically it has turned weak and likely to test next strong support at 4750-4800 in near term. News flow from global markets is also not good at this point of time. Below is the 2 year chart for Nifty …

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Mahindra Satyam surges 15% on bourses

Posted on: August 10th, 2011 and is filed under Market News.

Shares of IT company Mahindra Satyam surged by 15% in early trade on the bourses today after the company clocked a Rs 225 crore profit for the June quarter. After a robust opening, the stock spurted by 15% to touch an early peak of Rs 81.80 on the NSE. A similar trend was witnessed on th…

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Intraday calls for 10-08-11

Markets likely to open higher, resistance at 5220 Sell Suzlon on rise …

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Sensex recovers 600 points

Posted on: August 9th, 2011 and is filed under Market News.

Markets rebounded smartly on the back of strong cues from European markets. The BSE Sensex recovered 660 points from the days low, thanks to recovery in realty and auto sectors. The index, however, is unchanged at 16,939. The Nifty is up 14 points at 5,131. Global markets recovered follo…

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Intraday calls for 09-08-11

Markets likely to open lower, next support at 4900 If markets show recovery later during the day, buy: Axis bank …

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Intraday calls for 08-08-11

Markets likely to see a gap down opening. support for nifty is at 5100. If markets show recovery later during the day, buy: Siemens. …

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US blues make Indian markets see red

Posted on: August 8th, 2011 and is filed under Market News.

Investors say stocks to drift further, but impact of rating downgrade may be short-term. The mood on Dalal Street has soured further after Standard & Poor’s cut the long-term US credit rating by one notch to AA-plus from top-tier AAA. But investors have not pressed the panic butto…

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