Monday, November 23, 2009



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Intraday calls for 24-11-09

Posted: 23 Nov 2009 07:54 PM PST

Markets likely to see a flat opening. Nifty has entered the overbought region, some profit booking is likley in coming days. Resistance for nifty is at 5120 and support at 5065 Sell Maruti Suzuki at 1560, target: 1535. Stoploss: 1580. Options: Below 5065 one can buy a 5100 put (dec seri...

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World markets rally as gold hits new record high

Posted: 23 Nov 2009 10:29 AM PST

World markets rose sharply Monday. Commodity stocks gushed forward particularly in London, after gold hit another record high amid renewed dollar weakness. European stocks tracked their Asian counterparts higher, with the FTSE 100 index of leading British shares up 88.99 points, or 1.7 ...

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Positive/Negative breakouts for 24-11-09

Posted: 23 Nov 2009 10:21 AM PST

Positive breakouts from last days trade: Stocks above their 14dma, 25dma, 50dma, conversion (9days), base (26days). Berger paints at 61.5 - Support at 58 Tata sponge iron at 271 - Support at 258 No negative breakouts for today: Positive breakouts are likely to do well if markets rema...

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