Quotes with Resistance & Support
Market Information

Economy grows at 5.7 pct pace, fastest since 2003 – Wall Street

Posted on: January 30th 2010 in Market News.

Economy grows for 2nd straight quarter at better-than-expected 5.7 pct rate, best since 2003 Christopher S. Rugaber, AP Economics Writer, On Friday January 29, 2010, 1:29 pm WASHINGTON (AP) — The economy’s faster-than-expected growth at the end of last year, fueled by comp…

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Intraday calls for 29-01-10

Markets likely to see a weak opening.. If markets show recovery later during the day, buy: Sintex Industries update: 11.15pm – CRR has been hiked by 75 bps to 5.75% versus 5% while the Repo Rate and Reverse Repo Rate have been left unchanged – News is not as expected by mar…

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No more tax breaks to firms that outsource: Obama

Posted on: January 29th 2010 in Market News.

Washington: US President Barack Obama today said it was time to end tax breaks to American firms that farm out jobs overseas and help those who create employment within the country, but acknowledged that this alone would not compensate for the seven million jobs lost over last two years. …

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Intraday calls for 28-01-10

Markets likely to see a positive opening. Support for nifty is at 4820 and resistance at 4950 Buy Mcleod Russel India Ltd at 227.15, target: 238. Stoploss: 221 9.25am – buy koutons at 399 target 408 sl 392 – (Book profits at 425) 12.19am – buy zylog systems at 322 tar…

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Fed keeps rates steady, tone brighter – Wall Street

Posted on: January 28th 2010 in Market News.

By Mark Felsenthal and Pedro da Costa WASHINGTON (Reuters) – The Federal Reserve voiced a cautious note of optimism on the U.S. economy on Wednesday as it stuck to its pledge to keep interest rates near zero for a while to ensure a sustainable recovery. The policy statement reflec…

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Use correction as opportunity to buy: Analysts

Posted on: January 28th 2010 in Market News.

Indian stocks slid for the sixth consecutive trading day on Wednesday tracking weak Asian and European cues amid global nervousness over US President Barack Obama’s bank reform plans and monetary policy tightening in China. The strengthening US dollar, perceived a safe haven for risk-av…

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Intraday calls for 27-01-10

Markets likely to see a gap down opening. Support for nifty is at 4850. If markets show recovery later during the day, buy: Steel Authority of India Ltd. Options: Buy 4900 call at opening with strict stoploss at 4850 (closing basis) …

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The Stock I BUY goes down!!!

Posted on: January 25th 2010 in Stock Views.

Most people think that after they buy a stock, that stock tends to move down rather than moving up. This always anticipates them to think before purchasing any stock or share that they are likely to loose money in a script invested in. I have heard people say that luck & patience pla…

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BUY ZICOM

Posted on: January 25th 2010 in Swing Calls.

BUY ZICOM, CMP: 123.60, Target: 135-140, SL 110 Trade in small quantity Call given by Kartik …

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Intraday calls for 25-01-10

Markets likely to see a flat opening. Support for nifty is at 4950. Buy Phillips Carbon Black Ltd at 183-185.45, target: 193. Stoploss: 179 Options: Buy 4900 call at opening with strict stoploss at 4950 – (Book profits at 135) 10.05am – buy abb at 816, target: 828. Stoploss…

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