Quotes with Resistance & Support
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Intraday calls for 31-03-11

Markets likely to open flat, Support for Nifty at 5650 Buy HCC around 37.50, Target: 39.50, SL 36 …

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Midcap stocks hit by lower earnings growth, FII exits

Posted on: March 31st 2011 in Market News.

Midcap and smallcap stocks, despite the recent spike in the stock market, are continuing to languish. Since November 20, the Bombay Stock Exchange (BSE) midcap index has lost 23 per cent. In comparison, the BSE-30 has fallen much lesser at 12 per cent. Over a three-year period, since Jan…

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Intraday calls for 30-03-11

Markets likely to open flat, Support for Nifty at 5650, resistance at 5780 Buy Rcom at 109.50, Target: 115, SL 105 10.15am – book profit in M&M at 700 (BTST call) 10.39am – buy BF utility at 800-803, target: 812-815. Stoploss: 790 – (Continue to hold BF Utility)…

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Share prices highly overbought: Tuesday Closing Report

Posted on: March 30th 2011 in Market News.

The real test for the market will be after Thursday The Sensex opened at 18,950, up seven points from its previous close and the Nifty resumed trade this morning unchanged at 5,687. The benchmarks touched the day’s lows soon after the opening bell, but resumed their upward move on …

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Intraday calls for 29-03-11

Markets likely to open lower, support for Nifty at 5650, resistance at 5710 Buy Tube Investments on dips 3.18pm – buy M&M at 686, target: 700. Stploss: 675 Nifty Future/Index 1,5,10,15 minute LIVE Charts with …

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Retail investors expect moderate bull ride

Posted on: March 29th 2011 in Market News.

A majority of retail investors expect the Bombay Stock Exchange (BSE) benchmark, the Sensex, to cross the 22,000 level during calendar year 2011, showed a Morgan Stanley survey, released on Monday. Conducted among 600 urban equity investors, with an average annual income of $13,500 (abou…

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Reliance Industries enters financial services business

Posted on: March 28th 2011 in Market News.

Sets up joint venture with D E Shaw Reliance Industries (RIL) Chairman Mukesh Ambani has finally entered the financial services space. This comes just days before the Reserve Bank of India is expected to announce the draft guidelines for entry of new banks. RIL today set up a joint vent…

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Intraday calls for 28-03-11

Markets likely to open flat. Support for nifty is at 5600 and resistance at 5760. Buy Bank of Baroda at 927, target: 938-940. Stoploss: 918 – (book profit at 938) book profit in LIC housing at 212 (Friday’s call) 10.02 am – buy Delta corp at 75.50 target 77.50-78. st…

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Japan nuclear crisis: Radiation spike report ‘mistaken’

Posted on: March 27th 2011 in Market News.

The BBC’s Mark Worthington says many people in Japan are becoming increasingly concerned about what is going to happen in the future The operators of a stricken Japanese nuclear plant have apologised for a “mistake” in reporting a radiation spike 10 million times above …

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Japan nuclear: Radioactivity 10 million times higher than the usual level

Posted on: March 27th 2011 in Market News.

Radioactivity in water at reactor 2 at the quake-damaged Fukushima nuclear plant has reached 10 million times the usual level, company officials say. Workers trying to cool the reactor core to avoid a meltdown have been evacuated. Earlier, Japan’s nuclear agency said that levels o…

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