Nifty has support at 5070-5080. Buy Aptech at 275-277, target: 288. Stoploss: 271 Short term call: Buy Subhash projects at 162 target: 175. Stoploss: 149 10.00 AM – Buy ICSA at 224 target 231- stoploss: 219 2.55 pm – buy Century Textile at 525 – 1-2 day target 540. …

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Today Nifty struggled to close above 5100, due to profit-booking. FII(Foreign Institutional Investors) today too were net buyers 753cr in the Cash Market while on the other side DII(Domestic Institutional Investors) were sellers worth 443cr. Markets manged a 30 point gap-up opening, but …

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Nifty has resistance at 5180 levels. Buy Opto Circuits above 214, target: 222. Stoploss: 210.20 If markets show weakness later during the day, sell: IFCI …

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Postive breakouts from last days trade: Stocks above their 14dma, 25dma, 50dma, conversion (9days), base (26days). Cairn India @ 280 – Support at 270 Essar Oil @ 161 – Support at 156 GVK Power @ 47.2 – Support at 45 Ador Welding @ 162.20 – Support at 155 Baj…

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Buy Jindal Steel and Power above 623, target: 638. Stoploss: 614 Short term call: Buy M&M financial at 248 target: 265. Stoploss: 230 If markets show weakness later during the day, sell: ACC with a stoploss at 805 1.10 PM – buy bank of India above 420.50 target 427. Stoploss…

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Postive breakouts from last days trade: Stocks above their 14dma, 25dma, 50dma, conversion (9days), base (26days). Dish TV @ 46.25 – Support at 45 DLF @ 424.25 – Support at 420 AMD Industries @ 29 – Support at 27 Blue Bird India @ 34.7 – Support at 32.70 M&…

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Tata communications, seems to have given a breakout technically. The 30 DMA for the Stock is 486.25, 50 DMA is 488.99, 150 and 200 DMA’s are 499.01 & 489.4. As mentioned above the stock faces strong resistance around 495 levels, and can give a good bounce once it manages to cros…

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Diwali is near, and it seems that we might continue some more positiveness in the markets, as the Industrial growth rose to a 22 month high figure August 2009. The latest IIP data has shown a year on year growth of 10.4% in output, making a 22 month high since the 12.2$ of October 2007. T…

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Sensex managed to close above 17,000 where as Nify above 5050. One reason being why the stock market showed a good momentum was the positive IIP numbers, India’s Industrial Production for the month of August was at 10.4% beating analyst expectations of 9.7%. It rose the most in over 22 …

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Indiabulls power’s IPO, with an issue of 39 crore equity shares, having a offer price of Rs 40-45 per share with face value of Rs 10 each, the issue would mop up Rs 1,560-1 ,760 crore, and would represent 19% of post dilution equity capital. The proceeds would go for power projects …

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