Quotes with Resistance & Support
Market Information

Why are FIIs selling?

Posted on: August 30th 2013 in Market News.

The catalyst is the run on emerging market equities, but many investors are just tired of waiting for India to get its act together Selling by foreign institutional investors (FIIs) has clearly accelerated. Almost $4 billion (Rs 24,000 crore) exited India’s equity markets in the pa…

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Intraday calls for 30-08-13

Markets likely to open flat. Resistance for nifty is at 5450 and support at 5340 Buy Tech Mahindra around 1362, target: 1395, SL 1340 Note: I’ll be online by 9 a.m …

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Intraday calls for 29-08-13

Markets likely to open slightly higher. Resistance for nifty is at 5380 and support at 5250 (closing basis). Buy Jaiprakash associates at 33.80, target: 35.20. Stoploss: 32.50 …

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Rupee sinks to new low of 68.85, logs biggest single-day loss

Posted on: August 29th 2013 in Market News.

Mumbai: The rupee Wednesday collapsed to a lifetime low of 68.85 against the dollar and closed at 68.80, registering its biggest single-day loss of 256 paise, as global oil prices jumped, deepening concerns about the current account deficit and capital outflows. Consistent dollar demand …

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Markets off day’s low; Rupee over 68/USD

Posted on: August 28th 2013 in Market News.

The broader markets fell with mid-caps and small-caps dropping 1.5-2 per cent on the BSE. Markets pared losses in the late-morning session on back of modest recovery in bank index, however, sentiments remained weak as investors feared that the country’s fiscal deficit may widen further…

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Intraday calls for 28-08-13

Markets likely to open lower. Support for nifty is at 5250. If markets show recovery later during the day, buy: JSW Steel – (Book profit in JSW Steel at 530) ill be online by 10am …

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Intraday calls for 27-08-13

Markets likely to open slightly lower, support for Nifty at 5440 Buy SBI around 1550, target: 1575, SL 1530 Note: I’m traveling and shall be online by 11am. …

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Asian stocks unsettled by Syria jitters; oil rises

Posted on: August 27th 2013 in Market News.

SYDNEY (Reuters) – Asian stocks slipped on Tuesday, while Brent crude held near a five-month high after the United States signaled possible military action against the Syrian government over a suspected chemical weapons attack. Heightened geopolitical tensions coupled with uncertai…

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FIIs kept the faith in Indian equities in June quarter

Posted on: August 26th 2013 in Market News.

In contrast to carnage banking stocks have seen recently, FIIs bought banking shares The June quarter has been positive for equities, as foreign institutional investors (FIIs) continued to increase their stakes in the BSE 200 companies. On the other hand, individuals and mutual funds con…

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Intraday calls for 26-08-13

Markets likely to open flat. Resistance for nifty is at 5550. Buy Amtek India at 70.70, target: 74. Stoploss: 68.20 …

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Breakouts

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