Quotes with Resistance & Support
Market Information

Nifty moving in a tight range of 5450-5600. Could break on either of the sides

Posted on: May 14th 2011 in Market News.

As seen in the image below nifty has been trading in a range of 5450-5600 for quite some time. 5600 levels with was previously a good support level, is now acting as strong resistance and nifty has seen selling pressure from this level in last 3 tries. If nifty does manage to close above …

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Strong support for nifty at 5320-5380. A bounce is likely from here

Posted on: May 6th 2011 in Market News.

As the below image indicates, nifty has strong support in the 5320-5380 region. As mentioned in previous posts, it did not manage to cross its long term resistance around 5950-6000 levels. it has maintained its uptrend since Nov’09 and it is likely markets see a bounce/ short coveri…

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Intraday calls for 01-09-10

Markets likely to open gap up. Support for nifty is at 5350 and resistance at 5480. Sell Reliance Capital on rise with stoploss at 775. …

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Intraday calls for 31-08-10

Markets likely to open lower. Support for nifty is at 5350 and resistance at 5440. If markets show recovery later during the day, buy: Glodyne Technoserve Ltd. …

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Intraday calls for 26-08-10

Markets likely to see a flat opening. Support for nifty is at 5450 and resistance at 5500. Buy Nava Bharat Ventures Ltd at 356.65, target: 366. Stoploss: 350 Buy Century Plyboards (India) Ltd at 67.50, target: 70.50. Stoploss: 65. …

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Intraday calls for 25-08-10

Markets likely to open slightly lower. Support for nifty is at 5500 and resistance at 5570. If markets show recovery later during the day, buy Lanco Infra above 70. …

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Intraday calls for 24-08-10

Markets likely to see a flat opening. Support for nifty is at 5500. Buy Bajaj Hindusthan Ltd at 126, target: 131. Stoploss: 123 Trade in small quantities. …

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Intraday calls for 13-08-10

Markets likely to see a flat opening. Resistance for nifty is at 5500 and support at 5350. Buy Housing Development & Infrastructure Ltd at 282-285, target: 293. Stoploss: 277. Trade in small quantity. …

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Intraday calls for 12-08-10

Markets likely to open lower. Resistance for nifty is at 5500 and support at 5350. If markets show recovery later during the day, buy: Jindal Steel & Power Ltd. – (book profits at 656) Trade in small quantity. …

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Intraday calls for 11-08-10

Markets likely to open flat. Resistance for nifty is at 5500 and support at 5440. Buy OnMobile Global Ltd at 307-310, target: 318. Stoploss: 300. -(continue to hold OnMobile for 1-3 days. maintain same sl at 300. can see 320-323.) If markets show weakness later during the day, sell: Ste…

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