India market crash in early trade today as Nifty technical level couldn't be hold on 26-Mar-2011

PRLog (Press Release) - Mar. 26, 2012 - Indian stock markets feeling pressure on upside today. Nifty could not hold above 5240.1 which is crucial technical support level today and dipping below 5240.1 brought selling pressure on Indian indices. Initial target on downside was 5203 trading below this would mean greater and fresh selling pressure for the Indian equity markets. Holding and trading below 5203 may force market to give a close below 5200 on Nifty spot. This was predicted by Market pulse stock advisory early yesterday late evening and posted on their website as technical views on share bazaar for today.

LARSEN & TOUstock suggested yesterday evening to   SELL on technical level for  24-Mar-12

LARSEN & TOU - BSE CODE - 500510 - LAST CLOSE - 1302.3 - SELL - 1321.7 - SL - 1336.3 - TG1 - 1289.5 - TG2 - 1263.7  

Stock Price Movements
Day's High / Low   1,300.00 / 1,275.00

RELIANCE    stock suggested yesterday evening to   SELL on technical level for  24-Mar-12

RELIANCE     - BSE CODE - 500325 - LAST CLOSE - 744 - SELL - 756.1 - SL - 771.2 - TG1 - 731.6 - TG2 - 720.6

Stock Price Movements
Day's High / Low   744.90 / 728.85

CANARA BANK stock suggested yesterday evening to   SELL on technical level for  24-Mar-12

CANARA BANK  - BSE CODE - 532483 - LAST CLOSE - 463.1 - SELL - 472.2 - SL - 495.8 - TG1 - 454.3 - TG2 - 447.4

Stock Price Movements
Day's High / Low   463.75 / 448.25

STATE BANK  stock suggested yesterday evening to   SELL on technical level for  24-Mar-12

STATE BANK   - BSE CODE - 500112 - LAST CLOSE - 2165.2 - SELL - 2180 - SL - 2229.7 - TG1 - 2147.6 - TG2 - 2088.1  

Stock Price Movements
Day's High / Low   2,164.70 / 2,118.25

AXIS BANK   stock suggested yesterday evening to   SELL on technical level for  24-Mar-12

AXIS BANK    - BSE CODE - 532215 - LAST CLOSE - 1180.3 - SELL - 1211.2 - SL - 1220.9 - TG1 - 1162.9 - TG2 - 1108.6  

Stock Price Movements
Day's High / Low   1,177.85 / 1,130.00

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