OurNifty.com

A Indian Stock Market Blog

Gold (Spot) Trading Tips for 6 December 2010, Buy above 1401

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Gold trading for 6 December 2010, Gold intraday trading tips, Long (Buy) positions in Gold above 1401 with targets as 1411 and 1419. Stoploss should be placed around 1395 level. Why to go Long: Gold is trading strongly above its intraday resistance of 1400. Gold look bullish now, as bulls are entering market. Trend for the short term is Consolidation and for medium term its still bullish. ... [Continue Reading]

Nifty Futures Support Resistance Level For 6-December 2010

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Last week the markets were uncertain, but today we saw a good breakout of 6054 levels of 18 November. Due to this breakout we have become very bullish on markets. So we will recommend you to see buying opportunity at every dip. If Nifty trades above 6055 level for more than 30 minutes we will be long at around 6060 level for intraday target of 6078 and 6096. The trend will be bullish (positive). ... [Continue Reading]

Listing of MOIL Shares Will be Done on 15 December 2010

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India's largest Manganese ore producer, will list its share on India's leading stock exchanges on 15 December 2010. The initial public offering (IPO) received great response from all investors and was subscribed more than 56 times. The has fixed the issue price at higher end of the price band, at Rs.375. MOIL is one of the lowest cost producers of manganese ore in the world and also India’s ... [Continue Reading]