Quotes with Resistance & Support
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Intraday calls for 30-11-09

Markets likely to see a gap up opening. Buy REI Agro at 41.90, target: 43.50. Stoploss: 40.20 Keep a watch on Dubai markets which would be opening today after 4 days of holiday’s. It will open around 11.00 AM IST Options: No calls yet. 10.20am – buy bharti airtel in smal…

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India’s links to Dubai, and the UAE – Must read

Posted on: November 30th 2009 in Market News.

India’s links to Dubai, and the UAE 11% of Gulf capital flows between in past few years headed to Asia Indian are 40% of UAE’s population; forming 10-12% of India’s inward remittances. 31% of the 5.3m Indians in the Gulf are in UAE. UAE forms 8% of India’s non-oil exports and …

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Tata Motors’ JLR on road to revival – Post profit of £41 million (Rs 314.55 crore)

Posted on: November 29th 2009 in Market News.

Mumbai: Eighteen months after Tata Motors took over beleaguered luxury brands, Jaguar and Land Rover, a strategy of cost-cutting and pushing sales have helped the UK labels to post an operating profit of £41 million (Rs 314.55 crore) during the reporting quarter ending 30 September 2009….

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Charts update: Ichimoku Cloud Added

Posted on: November 29th 2009 in Announcements.

The Ichimoku Kinko Hyo Chart, has now been added to our Technical Indicator List. To use it Ichimoku Clould from the “Price Band” list. Ichimoku cloud is a a multi-faceted indicator designed to give support/resistance levels, trend direction, and entry/exit points of varying …

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More pain ahead for Nifty

Posted on: November 27th 2009 in Market Outlook.

Nifty today manged to recover at the close, making a close at 4,941 down 63 points. Sensex closed at 16,632 down 222 points. The markets rebounded strongly towards close, due to the recovery in Europe Markets. Nifty to made a low of 4806 and a high of 5005. It saw a range of 200 points …

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Intraday calls for 27-11-09

Markets likely to see a gap down opening. Nifty has strong support at 4900-4920. If markets show recovery later during the day, buy: Tata motors book profits in 5100 put at opening. 10.15am – Buy 4900 call at cmp 157 in small quantities with sl at 4850 (closing basis) – ( …

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Euro Stocks Slide; Dubai Worries Hit Banks

Posted on: November 26th 2009 in Market News.

By: Reuters European shares fell sharply on Thursday, hurt by debt problems in Dubai that sent bank stocks lower while commodity shares slipped on weaker crude and metals prices. France’s CAC and Germany’s DAX were down 1.7 and 1.8 percent respectively. Britain’s FTSE …

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Intraday calls for 26-11-09

Markets likely to see a weak opening. Support for nifty is at 5050. If markets show recovery later during the day, buy: Hitachi Home & Vardhman Textiles above 193 Options: Continue to hold 5100 put dec series. no new call yet. – ( book partial profits at 205) 3.30pm –…

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Extended hours put on hold

Posted on: November 26th 2009 in Market News.

Most market participants oppose plan to increase timings of stock exchanges. Strong opposition from market participants has made stock exchanges put their plans to extend trading hours on the back-burner. The National Stock Exchange (NSE), which was advocating extension of trade timings…

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Centre plans frequent scan of FII holdings

Posted on: November 26th 2009 in Market News.

Volatility in investments concern for RBI. The Department of Economic Affairs, the Ministry of Commerce and Industry and the Reserve Bank of India have come to a consensus that foreign institutional investment (FII) in a company should be monitored on a monthly or a quarterly basis to en…

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