Quotes with Resistance & Support
Market Information

Sun Pharma unit gets warning from USFDA

Posted on: August 31st 2010 in Press Releases.

The US unit of Indian drugmaker Sun Pharmaceutical has received a warning letter from the United States Food and Drug Administration (USFDA) after its New Jersey manufacturing plant was inspected.Sun plans to respond to the USFDA within 15 days, and the company would work “cooperati…

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Intraday calls for 31-08-10

Markets likely to open lower. Support for nifty is at 5350 and resistance at 5440. If markets show recovery later during the day, buy: Glodyne Technoserve Ltd. …

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RIL acquires 14.1% stake in EIH for Rs 1,021 cr

Posted on: August 30th 2010 in Stock News.

Mukesh Ambani promoted, Reliance Industries Ltd announced that it has acquired a 14.12 per cent stake in EIH Ltd. The acquisition was made through Reliance Industries Investment and Holding Pvt Ltd, a wholly owned subsidiary of RIL, said the company in a filing with the Bombay Stock Excha…

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Intraday calls for 30-08-10

Markets likely to open gap-up. Buy Escorts at 196, Target: 202, SL 192 – Book profits at 202.30 11.07am – buy hero honda at 1796, target: 1810. Stoploss: 1780 – (Continue to hold Hero honda till tomorrow. Is near strong support levels, likely to bounce back. Maintain s…

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What is Double Bottom ?

Posted on: August 29th 2010 in Charting Pathshala.

Double bottom is a chart pattern where the price of the stock drops to a certain level, recovers back moderately and then again drops back to the level where it moderately recovered from. Double bottom is a good support level for a stock. It indicates that this is the level where the sto…

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Top 100 Stocks with a lowest P/E

Posted on: August 29th 2010 in Stock Research.

Following is the list of stocks having the maximum P/E (PE). For people who don’t know what P/E is about I recommend them to check it out here. The list is generated as on 29t…

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Top 100 Stocks with a highest P/E

Posted on: August 29th 2010 in Stock Research.

Following is the list of stocks having the maximum P/E (PE). For people who don’t know what P/E is about I recommend them to check it out here. The list is generated as on 29t…

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New mechanism may fuel oil price rise soon

Posted on: August 29th 2010 in Market News.

Oil marketing companies want to change over to monthly review from fortnightly. If the oil marketing companies (OMCs) increase the price of petrol on September 1, blame it on the new pricing mechanism. The change from a fortnightly review to a monthly one makes a case for petrol price ri…

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Market bounces off key level after Bernanke speech

Posted on: August 28th 2010 in Market News.

On Friday August 27, 2010, 1:24 pm EDT By Rodrigo Campos NEW YORK (Reuters) – Stocks rose in volatile trading on Friday as investors shook off a revenue warning from technology bellwether Intel and a downbeat economic assessment by Federal Reserve Chairman Ben Bernanke to snap up…

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World stocks lower ahead of Bernanke’s speech

Posted on: August 27th 2010 in Market News.

World stocks waver as investors await Bernanke’s speech amid recovery worries Elaine Kurtenbach, AP Business Writer, On Friday August 27, 2010, 5:20 am SHANGHAI (AP) — World markets were mostly lower Friday as investors fretful over the pace of economic recovery awaited a …

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