Popularity: unranked [?]
MCX Copper prices have corrected to the tune 38.2% of the up move. We can expect 388 – 391 to test on higher end. We will have to wait for the confirmation of the up move to continue above 392. oscillators are in positive zone. …… MCX Intraday Tips
Popularity: unranked [?]
Nifty is expected to face resistance at 5,415-5,480. Technically, 5,415 is a resistance by 200 Daily Moving Average (DMA). In July 2011, Nifty saw major correction after touching 200 DMA. Above 5,415 level, at 5,480, Nifty has resistance from long term trend line drawn from Nifty`s major top. In this scenario, we suggest traders to remain stock specific……… Nifty Intraday Tips
Popularity: unranked [?]
Popularity: unranked [?]
Ambuja Cement :
The stock has shown minor downfall during the trading hours and ended up on a negative note. It is expected to reverse back taking resistance at higher levels since it is continuously testing & resisting the higher levels. It now has support at 152 breaching of which could take stock further downwards….Stock Intraday Tips
Popularity: unranked [?]
I think we must understand that it’s now almost over a year since the markets have endured bad news. We peaked somewhere in November 2010 at about 6,200 after which we have been grinding lower for almost about a year to 4700-4750 levels. I think what was also important was that most of the investors were also positioned very conservatively for bad news; typically people who are underweight India. …… Nifty Intraday Outlook
Popularity: unranked [?]
Intraday Trading Tips : Oone can go for long in MCX Gold with a target Rs 27300-27500.
MCX Gold: Short-Term Bullish- MCX Gold has been holding above trendline support S since the past three weeks following a sharp sell-off in the previous month. The price has support at Rs.26600 level above which the short-term trend looks bullish. A breakout of resistance at Rs.27050 level could take the price higher till next resistance at Rs.27750 level. ……. MCX Bullion Tips
Or Subscribe her for Free Commodity Tips On Mobile
Popularity: unranked [?]
Popularity: unranked [?]
The market will take cues from the global markets and is expected to open on a flat to positive note tomorrow. Trade long from 5,070-5,080 for targets of 5,120-5,150 with a stop loss below 5,050. Alternatively trade short below 5,050 for targets of 5,000.
Ref : Nifty intraday Outlook
Popularity: unranked [?]
Markets started the day on weak global cues as the US markets had closed around 2% lower on Friday. Asian markets were also trading sharply lower. European indices opened in the red after draft budget figures showed Greece would miss its deficit targets this year, which might necessitate additional bailout funds from its international lenders. Should Greece fail to get additional financing from the international lenders or if the private sector failed to agree to a bigger haircut on its debt, it might be forced to default. Sector wise, metal stocks were among the major losers. ADAG companies recovered some lost ground after the previous week’s selloff.
Ref : Nifty Intraday Outlook
Popularity: unranked [?]