Quotes with Resistance & Support
Market Information

Maruti Suzuki Q2 net profit slips 5%; gives all-time high discounts

Posted on: October 31st 2012 in Market News.

There is not much demand for Maruti Suzuki’s petrol cars and it cannot produce enough diesel cars that are selling like hot cars, which has affected its bottomline New Delhi: Maruti Suzuki India Ltd (MSI), the country’s largest car maker on Tuesday reported 5.41% decline in …

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Intraday calls for 31-10-12

Markets likely to open flat, Nifty resistance at 5640. support at 5550 Buy ICICI Bank on dips – (Book profit in ICICI bank at 1048-1049) 11.23am – All holding longs, can enter a 5500pe to hedge. cmp: 41.90, target: 54. Stoploss: 5635 on nifty (spot) …

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No respite for borrowers; RBI cuts CRR by 0.25%

Posted on: October 30th 2012 in Market News.

Mumbai: Acting cautiously, the Reserve Bank on Tuesday slashed the Cash Reserve Ratio (CRR) by 0.25 percent – the percentage of deposits banks keep with central bank – but refrained from reducing lending rates in view of high inflation. Following the cut, CRR will now come do…

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Intraday calls for 30-10-12

Markets likely to open flat, support for Nifty at 5630 and resistance at 5750 Buy Nitin Fire Protection around 68, Target: 72.5, SL 65 – (Exit Nitin fire if breaks 67) …

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Credit policy could lead to breakout in Nifty

Posted on: October 30th 2012 in Market News.

The market has now range traded for the last four weeks. Perhaps the credit policy will provide animpetus for a breakout. The short-term support for the Nifty is between 5,625 and 5,675, with short-term resistance at 5,700-5,725 and further resistance all the way till the 52-week high of …

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Intraday calls for 29-10-12

Markets likely to open flat, Support for nifty is at 5630 and resistance at 5750. Buy Tata Global Beverages on dips …

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Cabinet rejig attempts new-look govt, but Rahul’s boys still out

Posted on: October 29th 2012 in Market News.

A comprehensive shake-up of the government that had the imprimatur of Prime Minister Manmohan Singh and Congress Party President Sonia Gandhi was effected today, with the induction of 22 new ministers and changes in the portfolios of several others. The Rahul Gandhi touch was missing in t…

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Don’t invest in Sahara Q-shop, says Sebi

Posted on: October 27th 2012 in Market News.

Marketed as a retail venture, Q Shop has been endorsed by top cricketers like Dhoni and Tendulkar to promote Q-shop as a fight against adulteration In a strong and well meaning move, the securities and exchange board of India (Sebi) today told investors in optionally fully convertible d…

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Intraday calls for 26-10-12

Markets likely to open flat, Support for nifty is at 5630 and resistance at 5750. Buy Jubilant Foodworks around 1255, SL 1238, Target: 1280 – (Book profit in jubfood at 1272-1273) (trade in small quantity) Currently travelling, so wont be able to reply to queries till 6-7pm …

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M&M beats Q2 estimates with Rs 902-cr net on diesel SUV demand

Posted on: October 26th 2012 in Market News.

Utility vehicle and tractor segment market leader Mahindra & Mahindra today posted an estimate-beating net profit rise of 22 per cent in the second quarter, driven by surging demand for diesel-driven SUVs. The Mumbai-based company posted a net profit of Rs 902 crore during the quarte…

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