Quotes with Resistance & Support
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Positive/Negative breakouts for 12-11-09

Posted on: November 12th 2009 in Market News.

Positive breakouts from last days trade: Stocks above their 14dma, 25dma, 50dma, conversion (9days), base (26days). Hindalco industries at 131.85 – Support at 125 Jaiprakash associates at 241- Support at 233 Neyvel Lignite at 157 – Support at 149 Tata steel at 526 &#8211…

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Intraday calls for 22-07-09

Buy Amara Raja Batteries at 111.40, target: 117. Stoploss: 109 Buy Neyveli Lignite above 135 for a short term target of 148. If markets show weakness later during the day, Short sell: Reliance industries. …

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Intraday calls for 03-07-09

Markets likely to open flat. Nifty has very strong support at 4200-4250 level. Buy Neyveli Lignite and Mindtree on Intraday dips. For short term one can accumulate Neyveli Lignite on dips. Govt holds 90% stake in the company and it is possible that govt will disinvest in this company. …

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+ve 30 DMA    50 DMA    150 DMA    200 DMA
-ve 30 DMA    50 DMA    150 DMA    200 DMA

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