Quotes with Resistance & Support
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Havells India – Technical vew – Target hit!!

Posted on: June 8th, 2011 and is filed under Market News, Market Outlook, Techinicals Breakouts NSE BSE.

Havells had corrected from 415 to 295 levels from Nov’2010 to Feb’2010. It tried to cross resistance at 415 levels couple of times but was unable to do so in the past. This time around it managed to close above strong resistance of 420 and is holding onto it. Technically it ca…

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Glenmark Pharma – Technical view – Target hit!!

Posted on: June 8th, 2011 and is filed under Market News, Techinicals Breakouts NSE BSE.

Glenmark gave a breakout above 308 levels. managed to cross strong resistance at 306-308 levels and also bounced crossing resistance of 200dma and 500dma.if continues to hold onto 308 levels, it can head upto 323 in coming days. …

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Remain bullish on long-term growth, Pranab tells FIIs

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

With high inflation and rising oil prices casting a shadow on India’s growth story, Finance Minister Pranab Mukherjee on Tuesday asked institutional investors, including foreign entities, to remain bullish on the long-term growth trajectory driven by next generation reforms. In a meeti…

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Intraday calls for 08-06-11

Markets likely to open flat, Resistance for Nifty at 5615 and Support at 5490 Buy Glenmark Pharma at 313, Target: 318-320, SL 308 …

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Intraday calls for 07-06-11

Markets likely to open lower. Support for nifty is at 5480. Sell Aurobindo Pharma around 173.50, Target: 168, SL 178 (sl triggered) 2.15pm – buy havells at 426, target: 438-440. Stoploss: 415. (1-2 day hold) trade in small quantity …

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Action against Ramdev unavoidable: PM

Posted on: June 7th, 2011 and is filed under Market News.

Prime Minister Manmohan Singh today said police action against yoga guru Ramdev’s supporters was “unfortunate but unavoidable”. He said his government was fighting corruption but had no magic wand to end it. As the United Progressive Alliance (UPA) government tried to reclaim the p…

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Intraday calls for 06-06-11

Markets likely to open lower. Support for nifty is at 5490. If markets show recovery later during the day, buy: Punj Lloyd …

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Markets trade firm

Posted on: June 3rd, 2011 and is filed under Market News.

The markets are trading firm after a quiet opening with the Sensex gaining 136 points at 18,632 and the Nifty crossed the resistance level of 5,600 briefly but is currently trading at 5,593 up 42 points. __________________ The markets have opened in the positive with the Sensex gaining…

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Intraday calls for 03-06-11

Markets likely to open flat, Support for Nifty at 5510, resistance at 5600 Buy Zee Entertainment around 142.50, Target: 148, SL 138 (continue to hold for 1-2 days) …

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Sun TV, SpiceJet shares fall on telecom probe reports

Posted on: June 2nd, 2011 and is filed under Market News.

Shares in Sun TV and budget carrier SpiceJet plunged after media reports said a public lawsuit had named the companies’ chairman’s brother Dayanidhi Maran in a telecoms probe. Maran, who is the minister for textiles in the central government, is alleged to have favoured one t…

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