Gross Domestic Product (GDP) for the April-June quarter grew a better-than-expected 5.5%, after eight successive quarters of declining growth. A CNBC-TV18 poll had estimated that quarterly GDP would grow 5.3%. However, the slight improvement in the figured failed to enthuse the market. …
Intraday calls for 31-08-12
Posted on: August 31st 2012 in Intraday Tips, Daytrading, Intraday tips for free NSE BSE Breakouts Daily intraday tips calls.
Markets likely to open flat. Resistance for nifty is at 5350 Buy Bank of Baroda at 632-636, target: 650. Stoploss: 622 – (Continue to hold BOB as btst. its near strong support levels and can see a bounce from here.) …
Tech Mahindra dips on BT stake sale buzz
Posted on: August 30th 2012 in Market News.
British telecoms firm BT is planning to sell about 5% of Tech Mahindra shares in the price band of Rs 735 to Rs 790 per share Tech Mahindra has dipped 5.5% at Rs 789 on reports that its foreign promoter British Telecommunications Plc (BT) is planning to sell part of its holding in IT s…
Intraday calls for 30-08-12
Posted on: August 30th 2012 in Intraday Tips, Daytrading, Intraday tips for free NSE BSE Breakouts Daily intraday tips calls.
Markets likely to open flat, Support for Nifty at 5270 and resistance at 5350 Buy Dabur India at 124.50, Target: 130, SL 121 …
Buy USD/ JPY – Exit positions at 78.25
Posted on: August 29th 2012 in Commodities & Forex trading calls.
Technically its near strong support of 78.30-78.40. One can enter at cmp: 78.58 for a target of 78.85-78.90 Open a Forex trading account with minimum deposit of $50/ Rs.2500 and start trading instantly. Click here: …
JP Associates launches $150 million FCCB issue, stock tanks 8%
Posted on: August 29th 2012 in Market News.
Jaiprakash Associates has tanked 8% to Rs 64.85 after the infrastructure company said that it has launched foreign currency convertible bond (FCCB) issue of $150 million for repayment of the exiting FCCBs. “The issue has coupon rate of 5.75% per annum and maturity date of September 8, …
Intraday calls for 29-08-12
Posted on: August 29th 2012 in Intraday Tips, Daytrading, Intraday tips for free NSE BSE Breakouts Daily intraday tips calls.
Markets likely to open flat, Resistance for Nifty at 5360 and support at 5290 Buy Dishman Pharma at 97.5, Target: 102, SL 94 – (Exit from Dishman pharma at 100) (trade in small quantity) 2.08pm – Continue to hold bharti airtel …
Sell NZD/ USD – Book profits at 0.8048
Posted on: August 28th 2012 in Commodities & Forex trading calls.
Technically NZD/ USD is in a downtrend. One can sell at cmp: 0.8073 for a target of 0.8045. Open a Forex trading account with minimum deposit of $50/ Rs.2500 and start trading instantly. Click here: …
Intraday calls for 28-08-12
Posted on: August 28th 2012 in Intraday Tips, Daytrading, Intraday tips for free NSE BSE Breakouts Daily intraday tips calls.
Markets likely to open flat, Support for Nifty at 5280, resistance at 5410 Sell IDBI Bank below 84, Target: 81, SL 86.5 – (Exit from IDBI at 84.50) 1.12pm – Buy Bharti airtel at 248, target: 256. Stoploss: 242 (1-2 day hold) …
L&T to sell plastic machinery biz to Japan’s Toshiba
Posted on: August 28th 2012 in Market News.
Engineering and construction giant Larsen and Toubro Ltd (L&T) has decided to sell its entire stake in L&T Plastic Machinery Ltd to Japan’s Toshiba Machine Co Ltd for an undisclosed sum, in line with the company’s strategy to realign portfolios and focus on core business uni…
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