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Food price inflation figure pulled Nifty and Sensex down - Nifty closing has shown good strength

November 3, 2011 Markets news in Vadodara,Gujarat, India, Republic of

Food price inflation figure has provided bears to short at market once again and took advantage of lower valuation to cover some of the short positions.




FOR IMMEDIATE RELEASE
Vadodara, Gujarat, India, Republic of (Free-Press-Release.com) November 3, 2011 -- "Nifty today's closing was good one considering early dip during trading hours, finally closed at 5265.7 Trading support for Nifty spot tomorrow is at 5221.4 and staying above 5221.4 , it may test 5312.6 and even 5383 with holding above 5326 will be supported by fresh buying. However staying below 5221.4 it may go to 5196.4" - Market pulse stock advisory in their press release quoted here today.

Heromotocorp previously known as Hero Honda was looking weak on yesterday's technical chart and was suggested as Sell for today. The performance highlight of some of their projections on the market is as under

HERO HONDA trading analysis report for SELL intraday call on 3-Nov-11

HERO HONDA - Bse code - 500182 - last close - 2089.3 - SELL - 2160.4 - SL - 2191.3 - for TG1 Rs. 2067.2 and for TG2 Rs. 2034.5 - stock opened at Rs. 2084 hit intraday low Rs. 2035.4 hit intraday high Rs. 2084.8 stock was during trading down -2.6 % from previous close and closed at Rs 2070.8

DR.REDDY'S trading analysis report for BUY intraday call on 3-Nov-11

DR.REDDY'S - Bse code - 500124 - last close - 1639.4 - BUY - 1599 - SL - 1575 - for TG1 Rs. 1658.7 and for TG2 Rs. 1741.6 - stock opened at Rs. 1632.5 hit intraday high Rs. 1647.6 hit intraday low Rs. 1621.1 stock was during trading up 0.4 % from previous close and closed at Rs 1638.7

JUBL FOOD trading analysis report for BUY intraday call on 3-Nov-11

JUBL FOOD - Bse code - 533155 - last close - 829.7 - BUY - 814.1 - SL - 808.1 - for TG1 Rs. 847.9 and for TG2 Rs. 864.8 - stock opened at Rs. 850 hit intraday high Rs. 862 hit intraday low Rs. 808 stock was during trading up 3.8 % from previous close and closed at Rs 814.7

More information can be found online at http://www.takemyview.co.in/


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  • Name: Manjiri Muley

    Company: Market pulse stock advisory

    Email: ***@takemyview.co.in

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  • About the author

    I am doing stock market research and analysis.



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