Quotes with Resistance & Support
Market Information

Q2 GDP not disappointing in view of global slowdown: Pranab

Posted on: November 30th 2011 in Market News.

Terming the 6.9% economic growth in the second quarter as “lower than expectation”, the Prime Minister’s Economic Advisory Council today said that good performance by farm sector would take annual growth for FY12 to 7.5%. “The growth in second quarter is lower tha…

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Buy TCS – Target Achieved

Posted on: November 30th 2011 in Swing Calls.

Buy TCS at 1114, Target: 1140-1145, SL 1082 1st Dec’11: Book profits at 1145 Swing calls are for a weeks time …

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Intraday calls for 30-11-11

Markets likely to open lower, support for Nifty at 4780 and resistance at 4870 Buy Glenmark Pharmaceuticals on dips (trade in small quantity) …

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Pay and jobs pain as growth slows: UK

Posted on: November 30th 2011 in Market News.

Chancellor George Osborne has said public sector pay rises will be capped at 1% for two years, as he lowered growth forecasts for the UK economy. The number of public sector jobs set to be lost by 2017 has also been revised up from 400,000 to 710,000. Borrowing and unemployment are set …

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SKS Microfinance hits low, dips below Rs 100

Posted on: November 29th 2011 in Market News.

SKS Microfinance is trading lower by 4% at Rs 99.65, extending its 10% decline in past three days, after the exit of the company’s founder and executive chairman Vikram Akula. The company did not give any reason for the resignation. India’s only listed micro-finance institution said …

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Intraday calls for 29-11-11

Markets likely to open flat. Resistance for nifty is at 4930. Buy Power Finance Corporation (PFC) at 168.9, target: 174. Stoploss: 165 – (SL Triggered) …

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FII’s continue to sell – 10th Day in a Row!

Posted on: November 29th 2011 in Market News.

FII’s were net sellers on 28-11-11. They bought worth Rs. 1723 cr and sold worth Rs.2026 cr. In last 10 days, highest volumes were seen on 11-24-11. On 24th they bought worth Rs. 2072cr and sold worth 3709cr. Below is the 12 day chart of FII moves. One can also view the 3 year cha…

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Intraday calls for 28-11-11

Markets likely to open gap up. Support for nifty is at 4680 and resistance at 4770 Buy Mahindra & Mahindra at 706-710, target: 722. Stoploss: 697 3:01pm: Book profits in Reliance around 784 …

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Pranab Mukherjee, the senior most Congress politician says “I don’t know where the country is going”

Posted on: November 27th 2011 in Market News.

A visibly upset Pranab Mukherjee, the senior most Congress politician had this to say soon after a citizen slapped Sharad Pawar in New Delhi on Thursday: “I don’t know where the country is going”. He had a scowl becoming his ire as he walked to his official car from his office. I w…

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10 mn jobs in 3 years, says Sharma

Posted on: November 26th 2011 in Market News.

Under political attack, the government on Friday put out a strong defence of its decision to allow up to 51 per cent foreign direct investment in multi-brand retail and up to 100 per cent in single-brand retail. The move, it said, would generate about 10 million jobs over three years and…

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