Quotes with Resistance & Support
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Yeddyurappa finally quits as K’taka CM after high drama

Posted on: July 31st 2011 in Market News.

Ending a three-day standoff with BJP central leadership, Karnataka Chief Minister BS Yeddyurappa today submitted his resignation to the Governor following his indictment in illegal mining scam by the Lokayukta, saying that he has been accused unfairly. Amid high-voltage drama, Yeddyurapp…

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SC orders suspension of mining in Bellary

Posted on: July 30th 2011 in Market News.

The Supreme Court on Friday dealt a blow to illegal mining by ordering suspension of all mining activities in Karnataka’s Bellary district with immediate effect. The order will affect about 100 iron ore mining leases covering 10,686 hectares. It follows a ban on mining iron ore a few m…

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GTL Infra jumps 12% on Viom Networks buyout offer

Posted on: July 29th 2011 in Market News.

Shares of GTL Infrastructure rose as much as 12% in early trade after a report said telecom tower firm Viom Networks has made a Rs 7,500 crore ($1.69 billion) offer to buy it out. Shares opened up 5.45% and at 9.22 am, they were up 10.91% at Rs 15.25 per share in a weak Mumbai market. …

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Markets move higher after a negative start

Posted on: July 29th 2011 in Market News.

The markets started the day in the negative tracking weak global cues but soon changed course due to the positive developments on the Lokpal front and the SEBI takeover codes which was cheered by the markets. At the start, the Nifty had slipped below 5,460 but clawed back to pass the 5,50…

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Intraday calls for 29-07-11

Markets likely to open lower, Support at 5430 Buy ITC on dips (trade in small quantity) …

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Intraday calls for 28-07-11

Markets likely to open lower, Support at 5520 Buy Gitanjali Gems on dips (trade in small quantity) I am out of town, shall be back by 5pm …

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Intraday calls for 27-07-11

Markets likely to open flat, support at 5530 and resistance at 5620 Buy Idea on dips (trade in small quantity) 10:00am – Book profit in canbk at 503 (FUT Short) 11.11am – sell bhel at 1860 (fut), target: 1835-1840. Stoploss: 1880 (1-2 day hold) – (Book profit in bhel …

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Pay more for your loan – Thank RBI

Posted on: July 27th 2011 in Market News.

Mumbai: India’s central bank Tuesday sharply hiked key rates by 50 basis points in the 11th such exercise since January 2010 to tame stubborn inflation, setting the stage for auto, housing and commercial loans to become dearer once again. The repurchase rate, the interest the centr…

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Top 100 Stocks with a lowest P/E

Posted on: July 26th 2011 in Stock Research.

Following is the list of stocks having the minimum 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 28t…

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Top 100 Stocks with a highest P/E

Posted on: July 26th 2011 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 gen…

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