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Posted on: November 26th, 2009 and is filed under Market News.

Centre plans frequent scan of FII holdings

Volatility in investments concern for RBI. The Department of Economic Affairs, the Ministry of Commerce and Industry and the Reserve Bank of India have come to a consensus that foreign institutional investment (FII) in a company should be monitored on a monthly or a quarterly basis to en…

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Posted on: November 23rd, 2009 and is filed under Market News.

World markets rally as gold hits new record high

World markets rose sharply Monday. Commodity stocks gushed forward particularly in London, after gold hit another record high amid renewed dollar weakness. European stocks tracked their Asian counterparts higher, with the FTSE 100 index of leading British shares up 88.99 points, or 1.7 …

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Posted on: November 23rd, 2009 and is filed under Market News.

Positive/Negative breakouts for 24-11-09

Positive breakouts from last days trade: Stocks above their 14dma, 25dma, 50dma, conversion (9days), base (26days). Berger paints at 61.5 – Support at 58 Tata sponge iron at 271 – Support at 258 No negative breakouts for today: Positive breakouts are likely to do well if …

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Posted on: November 22nd, 2009 and is filed under Market News.

Gap-down opening for Nifty seen

The Nifty on Friday closed above the resistance level of 5,060 to keep the current bull run moving. The index, however, is expected to face resistance above the 5,100 level next week. The SGX Nifty futures was down by over 50 points over the official close of 5,077 in the over-the-counter…

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Posted on: November 22nd, 2009 and is filed under Market News.

Positive/Negative breakouts for 23-11-09

Positive breakouts from last days trade: Stocks above their 14dma, 25dma, 50dma, conversion (9days), base (26days). Radha Madhav co ltd at 17.25 – Support at 16.50 Vishal retail at 77.05 – Support at 73 No negative breakouts for today. …

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Posted on: November 20th, 2009 and is filed under Market News.

Stronger dollar, weak economic data pummels stocks – WallStreet

Rising dollar, weak economic data drags stocks lower; Dow gives up more than 135 points NEW YORK (AP) — A stronger dollar and more discouraging signs of a subdued economic recovery triggered a broad sell-off in stocks. Major indexes tumbled more than 1 percent Thursday, including …

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Posted on: November 20th, 2009 and is filed under Market News.

Tata Metaliks sparkles on expansion plans

Tata Metaliks ended at Rs 113, higher by Rs 10 or 9%, on the BSE. Tata Metaliks is trading at the day’s high of Rs 119, stronger by Rs 14 or 15%, on the BSE. The pig iron producer is eyeing a 3-5 million tonne steel plant in Karnataka, depending on the feasibility, said H M Nerurk…

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Posted on: November 20th, 2009 and is filed under Market News.

Positive/Negative breakouts for 20-11-09

Positive breakouts from last days trade: Stocks above their 14dma, 25dma, 50dma, conversion (9days), base (26days). Resurgere mines at 100.9 – Support at 96 Stocks below their 14dma, 25dma, 50dma, conversion (9days), base (26days). HDIL at 344.70 – Resistance at 358 …

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Posted on: November 18th, 2009 and is filed under Market News.

Positive/Negative breakouts for 19-11-09

Positive breakouts from last days trade: Stocks above their 14dma, 25dma, 50dma, conversion (9days), base (26days). Jaiprakash Associates at 237.50 – Support at 230 Essar Shipping Ports & Logistics at 70.75 – Support at 66 Negative breakout: Stocks below their 14dma…

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Posted on: November 18th, 2009 and is filed under Market News.

Positive/Negative breakouts for 18-11-09

Positive breakouts from last days trade: Stocks above their 14dma, 25dma, 50dma, conversion (9days), base (26days). Ajmera Realty and Infra India at 259 – Support at 247 Precision pipes at 59.55 – Support at 57.60 No negative breakouts for today: Positive breakouts are li…

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Breakouts

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-ve 30 DMA    50 DMA    150 DMA    200 DMA

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