Quotes with Resistance & Support
Market Information

Now, a coal scam unearthed in Chhattisgarh, MP

Posted on: August 31st 2011 in Market News.

New Delhi: CNN-IBN unravels a Bellary-like coal scam in Chattisgarh and Madhya Pradesh, where Prakash Industries, a heavyweight in the mining and steel sector, forged documents to get coal mines allocated in both the states and diverted nearly 50 per cent of coal to the black market. For…

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Markets to remain closed for 2 days

Posted on: August 30th 2011 in Press Releases.

Markets shall remain closed tomorrow(31-08-11) on account of Ramzan Id, and on Thursday (01-09-11) on account of Shri Ganesh Chaturthi Other holidays of 2011: 11. Dassera – 6th October 2011 – Thursday 12. Diwali Amavasya (Laxmi Puja) – 26th October 2011 – Wednes…

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Markets to remain closed on Wednesday and Thursday (31-08-11 & 01-09-11)

Posted on: August 30th 2011 in Market News.

Markets to remain closed on Wednesday and Thursday (31-08-11 & 01-09-11) on account of Ramzan Id on 31-08-11 and Shri Ganesh Chaturthi on 01-09-11 …

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India’s Q1FY12 GDP at 7.7% vs 9.3% (YoY) – Lowest in 6 quarters

Posted on: August 30th 2011 in Market News.

India’s gross domestic product slowed down to 7.7% in the first (April-June) quarter of fiscal year 2012 as against 9.3% recorded in the same quarter last year. It is the lowest in 6 quarters …

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Intraday calls for 30-08-11

Markets likely to open higher, Resistance for nifty is at 4960. Buy Axis bank at 1040, Target: 1060, SL 1025 (trade in small quantity) 10.35am- buy Idea at 100, target: 105. Stoploss: 96. (1-2 day hold) …

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BUY MARUTI

Posted on: August 29th 2011 in Swing Calls.

BUY MARUTI at 1095, Target: 1125, SL 1060 Swing calls are for a weeks time …

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A total of 768 companies had pledged their shares—amounting to a total value of Rs1,536.60 billion—as on June 2011

Posted on: August 29th 2011 in Market News.

Pledging shares against debt is a sure recipe for disaster, especially in a falling market. Around 30 companies have actually pledged shares of more than 50% of their paid-up capital. Among the top companies with the highest value of pledged shares were TCS, Adani Power and JP Power—wit…

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Intraday calls for 29-08-11

Markets likely to open higher. Resistance for nifty is at 4840. Buy Hindustan Unilever Ltd at 320, target: 327. Stoploss: 316. Trade in small quantity …

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Wall Street rallies 1% after Bernanke talks

Posted on: August 27th 2011 in Market News.

Wall Street posted its first weekly gains in more than a month on Friday as Fed Chairman Ben Bernanke raised hopes for more stimulus for the economy at its September meeting. The Dow Jones industrial average was up 134.64 points, or 1.21%, at 11,284.46, according the latest available fig…

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Intraday calls for 26-08-11

Markets likely to open flat, next support at 4780, resistance at 4860 Buy GMDC at 179, Target: 184, SL: 175 …

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