Nifty Technical View, Intraday Jackpot Call Free By SMS

NIFTY TECHNICAL VIEW BY EXPERTS Today 11 September: This rally of benchmark index is to continue to 5450 levels, if prices break and sustain above then market can touch upside levels towards 5510/5550 levels. Crucial support for today is given at 5210 levels, if prices once break and sustain below then market can drag downside towards level of 5140/5050 levels in near term. Traders are advised to maintain strict stop loss at 5210.

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JACKPOT CALLS FOR NSE TODAY:
1) Tata Coffee : Buy at 990 Target- 1020 Stop Loss- 978
2) Pantaloon Retail : Buy Above 152 Target- 158 Stop Loss- 149

3) Wockhardt : Buy with Target-  1,550 Stop Loss- 1,350.
4) Godrej Industries : Buy with Target- 282 Stop Loss- 258.

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Intraday Trading Calls-Hot Stocks-NSE BSE Market Updates For Tomorrow

STOCK TIPS FOR TOMORROW 11 September
Duration- 1 week
1. Sun TV Network : Buy above- 315 with Target of Rs 345 and stop loss of Rs 302.
2. Havell's India : Buy between 566-563 with target of Rs 596 and stop loss of Rs 552.

NIFTY OUTLOOK: Today BSE Sensex, declined to 17,728.12 in afternoon trade after surging to 17,810.90 in the begginning. It ended day with a gain of 17.13 points at 17,766.78. The NSE Nifty edged up to 5375.45, settled at 5363.45, off the day's low of 5349.10, it ended the session with a small gain of 4.75 points.

Mahindra Satyam

Mahindra Satyam: Tech Mahindra expects its merger with Mahindra Satyam to be completed in the first quarter of next year. Vehicle manufacturer Mahindra & Mahindra holds about 48 per cent stake in Tech Mahindra. The combined entity – Tech Mahindra and Mahindra Satyam – has about $500 million in cash on books as of June 30, 2012. As for when the deal would be sealed, Sujit Bakshi, President (Corporate Affairs and Business Services Group), Tech Mahindra, said, “This calendar year, in my opinion, seems tough. It should probably happen in the first quarter of 2013.”

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