Today’s Intraday Calls



Some Latest News Bits
• NMDC is planning to invest around Rs 24 bn to lay a pipeline between its Chhattisgarh plant and Visakhapatnam in Andhra Pradesh. The proposed pipeline will transport iron ore from Bailadila mine in Chhattisgarh to Vishakhapatnam. (BS)
• Fortis Healthcare will buy 23.9% of Singapore healthcare provider Parkway Holdings for USD 685 mn, giving it access to the Southeast Asian markets. Fortis has agreed to buy the stake from buyout firm TPG Capital. (ET)
• Bharti Airtel announced the launch of its digital media business, its foray into entertainment, to deliver content to a range of users, including producers and media firms. The Company will not produce any content, but market and cater to a variety of users such as animators, gaming firms, news channels, cinemas and banking institutions. (ET)

• India’s Food Price Index rose 17.81% in the 12 months to February 27, while the Fuel Price Index was up 11.38%, the Government said. The rise in the Food Price Index was marginally lower than an annual rise of 17.87% in the previous week. India’s Primary Articles Price Index was up 15.08% year-on-year as on February 27. (BS)

Nifty View:
SUPPORT FOR TODAY 5022/4933
RESISTANCE FOR TODAY 5166/5222

20DMA@4950
50DMA@5021
200DMA@4786

 

Intraday Calls/Resistance/Supports

STER ( Sterlite Industries ( India ) Limited )

Action

Trigger Price

Stop Loss

Target-1

Target-2

BUY ABOVE

825

812

831

845

S.SELL BELOW

808

816

803

790

 

COREPROTEC ( Core Projects And Technologies Limited )

Action

Trigger Price

Stop Loss

Target-1

Target-2

BUY ABOVE

264

258

272

284

S.SELL BELOW

256

259

250

235

 

JYOTISTRUC ( Jyoti Structures Ltd )

Action

Trigger Price

Stop Loss

Target-1

Target-2

BUY ABOVE

172

167.5

175.5

181

S.SELL BELOW

166.5

169

164

156

 

 

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Friday, March 12th, 2010 Intraday Calls

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