Quotes with Resistance & Support
Market Information

Budget 2013 Highlights: No revision in Income Tax slabs; surcharge on Super Rich

Posted on: February 28th 2013 in Market News.

Zeebiz Bureau New Delhi: Finance Minister P Chidambaram on Thursday did not tinker with the Income Tax slabs while presenting the Union Budget 2013-14 in the Lok Sabha. Chidambaram however said a surcharge of 10% would be imposed on those earning over Rs 1 crore in a year, for 2013-14. …

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Intraday calls for 28-02-13

Markets likely to open higher, Support for Nifty at 5740 and resistance at 5860 Buy JSW Steel above 784, target: 794, SL 776 Markets may remain volatile today due to expiry & budget …

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Dalal Street operators caught in bear hug

Posted on: February 27th 2013 in Market News.

Retail investors and traders are not the only ones who burnt their fingers in the recent market fall. The bear hug has rattled some large stock market operators and they’ve been scurrying to square off their positions in the past couple of weeks. Stocks associated with various oper…

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Intraday calls for 27-02-13

Markets likely to open flat, support for Nifty at 5750 Buy Tech Mahindra around 1026, Target: 1050, SL 1006 …

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Intraday calls for 26-02-13

Markets likely to open lower, Support at 5820 for Nifty Buy Ranbaxy on dips …

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S&P 500 posts worst day since November – Wall Street

Posted on: February 26th 2013 in Market News.

NEW YORK (Reuters) – The S&P 500 suffered its worst decline since November 7 on Monday in a sharp reversal from initial gains as elections in Italy stoked concerns that a divided parliament could disrupt the country’s fiscal reforms and the euro zone’s stability. B…

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Avoid fresh entry in midcaps. Core edu down 55%, Welspun corp down almost 30%. Videdocon 15%

Posted on: February 25th 2013 in Market News.

Avoid fresh entry in midcaps. Core edu down 55%, Welspun corp down almost 30%. Videdocon around 15%, Flexituff Internation down 20%, DB realty down 10% Midcaps are seeing fresh selling pressure come in. Best to avoid a fresh entry for now. …

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Intraday calls for 25-02-13

Markets likely to open flat. Support for Nifty is at 5830 and resistance at 5900 Buy Infosys at 2840, target: 2865. Stoploss: 2825 1.01pm -Sell ICICI Bank at 1085, target: 1065. Stoploss: 1100 …

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Pre-budget fall, post-budget rise

Posted on: February 25th 2013 in Market News.

The stock market seems to expect little from the Budgets of the United Progressive Alliance (UPA) government. On eight of the past 10 occasions, including the current year, the Sensex has given negative returns during the Budget month. This pessimism seems to be growing with each pass…

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Intraday calls for 22-02-13

Markets likely to open flat, Support for Nifty at 5830, resistance at 5960 Buy Godrej Consumer around 758, Target: 771, SL 748 – (SL triggered in Godrej consumer) …

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