Quotes with Resistance & Support
Market Information

Nifty nearing 500 EMA also near strong support at 5200 – Recovery of 150-200 points on Nifty possible.

Posted on: February 10th 2011 in Market News.

Nifty is nearing 500 EMA of 5145 and also as shown in the chart below nifty has strong support at 5180-5200 levels. Technicals suggest markets could see a bounce from here. A 100-150 point bounce is likely on account of short covering. Markets have recently had quite a bit of negative new…

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January – Favorite month of the Bears??

Posted on: January 8th 2011 in Market News.

January seems to be the favorite month of the bears. Its been 4 yrs in a row we have seen a big correction in Markets in the month of Jan. Famous crash of the 2008 began in the month of January where Nifty corrected from 6300 levels to 5300, In the year 2009 again we saw a fall from 310…

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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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