Quotes with Resistance & Support
Market Information

Intraday calls for 06-09-11

Markets likely to open lower. Support for nifty is at 4930 and resistance at 5030. Buy Steel Authority of India Ltd at 112-113, target: 117. Stoploss: 109 – (book profit at 117) …

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Intraday calls for 06-04-10

Markets to see a flat opening. Buy Adhunik Metaliks Ltd at 130.50, target: 136. Stoploss: 126 If markets show weakness later during the day, sell: SAIL Trade in small quantities 3.14pm – btst – buy hyderabad ind at 635 target 655. stoploss 622 …

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Intraday calls for 27-01-10

Markets likely to see a gap down opening. Support for nifty is at 4850. If markets show recovery later during the day, buy: Steel Authority of India Ltd. Options: Buy 4900 call at opening with strict stoploss at 4850 (closing basis) …

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SAIL not affected by slowdown

Posted on: December 1st 2009 in Market News.

The global slowdown did not have any negative impact on the output of Steel Authority of India Ltd (SAIL) due to the growing domestic demand, said top SAIL officials. This was disclosed here on Monday by Steel Secretary Atul Chaturvedi. “Our production has remained steady due to the g…

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Intraday calls for 16-11-09

Support for nifty is at 4990-5010. Buy Steel Authority of India Ltd at 182-184, target: 191. Stoploss: 179.80 Options: Buy 5100 call at opening with sl at 4995. – (hold till tomorrow) 10.35am – buy patni computers at cmp 511 target 521. sl 505 ( sl triggered) …

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Positive/Negative breakouts for 16-11-09

Posted on: November 15th 2009 in Market News.

Positive breakouts from last days trade: Stocks above their 14dma, 25dma, 50dma, conversion (9days), base (26days). Sail at 182.30 – Support at 176 Shyam telecom at 70.25 – Support at 64 UB Engineering at 90.7 – Support at 86 No negative breakouts for today: Posit…

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Intraday calls for 03-09-09

Buy Canara Bank at 276, target: 283. Stoploss: 272 If markets show weakness later during the day, sell SAIL below 158 …

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Stocks in news: Dr Reddy, Infosys, Tata Power, NTPC, NMDC

Posted on: July 22nd 2009 in Press Releases.

Results today: BHEL, HDFC, Wipro, Tech Mahindra, Mastek, Piramal Healthcare, IFCI, India Cements, Hindustan Zinc, Ansal Housing, Aventis Pharma, Canara Bank, Finolex Cables, GTL, Jindal Drilling, Kale Consultants, Kalindee Rail, Lakshmi Energy, Maharashtra Seamless, NDTV, Spice Communicat…

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The line-up for disinvestment

Posted on: June 7th 2009 in Press Releases.

By now, it is quite clear that the Government does have divestment of its stakes in PSUs high on its agenda for the next few months. That may well allow investors to buy into a whole range of offers from listed as well as new PSUs. Which companies are likely candidates? Here’s a line-up…

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Sell SAIL, target of Rs 117: IIFL

Posted on: June 1st 2009 in Brokerage Recommendations.

IIFL has downgraded its rating on Steel Authority of India (SAIL) to sell with a 12-month target price of Rs 117 in its report dated May 29, 2009. “SAIL’s 4QFY09 profit, at Rs 14.9 billion, came in substantially higher than our estimate (Rs 9.1 billion) and consensus (Rs 7.4 billion)…

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