Quotes with Resistance & Support
Market Information

Rupee again hits 61 level, approaches record low

Posted on: July 31st 2013 in Market News.

Mumbai: The rupee on Wednesday breached the 61-mark again against the dollar in early trade at the Interbank Foreign Exchange market, on heavy month-end demand for the US currency amid growth concerns. The rupee fell to as low as 61.12 to the dollar, not far from its record low of 61.21 …

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Intraday calls for 31-07-13

Markets likely to open slightly lower. Support for nifty is at 5730. No intraday call for today. Continue to hold Tata Coffee 1.56pm – Buy 5800ce at 97, target: 115. Stoploss: 5710 (spot) …

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Nasdaq Reaches 12-Year High

Posted on: July 31st 2013 in Market News.

US stocks ended mostly higher on Tuesday following gains in technology shares and stronger-than-expected earnings from Pfizer. Dow Jones was flat nearing close at 15,525.The Standard & Poor’s 500 Index rose just 0.63 of a point, or 0.04 percent at 1,685.96. The Nasdaq advanced…

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FIIs pull out of stocks, debt in July

Posted on: July 30th 2013 in Market News.

Worry at US Fed policy & uncertain economic prospects; so far this month, FIIs have been net sellers at around Rs 18,400 crore Foreign institutional investors (FIIs) have dumped both Indian stocks and bonds this month, on worry that the US Federal Reserve would roll back its massive…

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Intraday calls for 30-07-13

Markets likely to open flat. Support for nifty is at 5830 and resistance at 5920. Buy Tata Coffee at 1072, target: 1092. Stoploss: 1058 – (Continue to hold Tata coffee. Looks good technically) …

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Intraday calls for 29-07-13

Markets likely to open slightly lower. Support for nifty is at 5840. If markets show recovery later during the day, buy: Bharti Airtel – (If entered Bharti aritel at opening, book profit at 346.) …

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India still second-fastest growing economy: Chidambaram

Posted on: July 27th 2013 in Press Releases.

Chidambaram said plans were on to open 8,000 new bank branches this year Noting that India continued to be the second-fastest growing economy in the world after China, Finance Minister P Chidambaram on Saturday said people should not be worried about the current slowdown and expressed ho…

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Goldman Sachs offloads stake in Karnataka Bank, Punj Lloyd

Posted on: July 26th 2013 in Market News.

Shares of Karnataka Bank were sold on an average price of Rs 98.36, while that of Punj Lloyd were offloaded at Rs 28.69 apiece Goldman Sachs Investments has lowered its exposure to Karnataka Bank and Punj Lloyd, selling shares of the two entities for over Rs 19 crore through open market …

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Intraday calls for 26-07-13

Markets likely to open flat. Support for nifty is at 5880 and resistance at 5960. Buy Reliance industries at 891, target: 905. Stoploss: 881 Trade in small quantity …

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Intraday calls for 25-07-13

Markets likely to open slightly lower. Support for nifty is at 5940 and resistance at 6100. Sell Dena bank at 63.75, target: 61. Stoploss: 65.70 – (Book profit in Dena bank at 61.50) …

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