Sintex has support at 90 level and on upside 101 is intial resistance for Sintex. Thus one could how with stop loss below 90 and look to exit on bounce near cost
On Mobile is looking weak as it has closed below its support level of 79 & 77. Now on downside On Nobile could tets 72 levels. We feel one could exit on bounce
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Jain Irrigation if breaks 110 level then it could see more downside. On upside Jain Irrigation has stiff resistance at 122 - 126 levels
Market is based on demand and supply. So when FII & DII sell share in huge quantity then share prices fall down similarly when FII & DII buy share in huge quantity then share prices increase
One could subscripe to MCX IPO
For more details feel free to ask
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One could look to book some profit in Sanwaria Agro and hold remaining position with stop loss of 18
For commodity trading idea kindly refer below link
Link >> http://www.investmentguruindia.com/commodity_intradaytips.aspx
Since you are new to trading in currency we would recommend to start trading with minimum quantity and trade only in one currency say USDINR. You can increase your volume in future as and when you feel comfortable.
Both companies have strong fundamentals and could be accumulated for long term investment (1 to 2 years). However we would not prefer accmulate these stocks using future as future segment is ment for short term trading and for long term investment of 1 to 2 years
We would not prefer Surana Industries and Oriental Trimex for long term investment
If you have any query then feel free to ask
One could hold short position in Lic Housing Fin with stop loss of 264 (cash level). On downside 254 - 250 levels to watch
Bellary Steel is not traded on BSE exchange so it will be very difficult for you to exit.
If one has outlook of 1 to 2 years then he could continue to hold Mahindra Stayam & IDFC as in long we expect both companies to do well.
In coming years it is expected that Mahindra Satyam & Tech Mahindra to get merger which might prove beneficial for both the companies
For trading ideas kindly refer >> http://www.investmentguruindia.com/intradaytips.aspx
First of all we like to reiterate that it is always recommended to book profit on regular basis as one invests in market to take profit home.
NMDC is trading above 195 (100 DMA) and if it continues to trade above 195 then in short term it could test 215 levels followed by 224 level. We feel 224 could offer strong resistance as it is 200 DMA.
Manappuram Finance saw sharp sell off after RBI banned Manappuram Finance for accepting deposits. Now Manappuram Financecould see some bounce back however 50 & 54 levels are expected to offer stiff resistance