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Posted on: November 10th, 2009 and is filed under Market News.

Positive/Negative breakouts for 10-11-09

Positive breakouts from last days trade: Stocks above their 14dma, 25dma, 50dma, conversion (9days), base (26days). Dena bank at 69 – Support at 67.50 Visesh infotecnics at 9.35 – Support at 9.00 No negative breakouts for today. Positive breakouts are likely to do well i…

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Posted on: November 8th, 2009 and is filed under Market News.

Indian economy showing signs of recovery: Manmohan Singh

NEW DELHI: There are clear signs of an upturn in the Indian economy, which is expected to expand by 6.5 percent in the year to March 2010. Prime Minister Manmohan Singh said on Sunday. India’s economic growth had slowed to 6.7 percent in the 2008/2009 fiscal year through March aft…

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Posted on: November 7th, 2009 and is filed under Market News.

Positive/Negative breakouts for 09-11-09

Positive breakouts from last days trade: Stocks above their 14dma, 25dma, 50dma, conversion (9days), base (26days). Hindustan Construction at 134.10 – Support at 130 NHPC at 32.60 – Support at 31 Sesa Goa at 312.65 – Support at 303 Dredging Crop of India at 509 &#8…

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Posted on: November 7th, 2009 and is filed under Market News.

Wall street flat after speech from Obama

Obama says ” Gov’t working to ease pain of joblessness” “I will not rest until all Americans who want work can,”he said. Jobless data declared today is highest in 26 years (since 1983). Unemployment rate could be much higher by next year since employers sti…

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Posted on: November 6th, 2009 and is filed under Market News.

Positive/Negative breakouts for 06-11-09

Positive breakouts from last days trade: Stocks above their 14dma, 25dma, 50dma, conversion (9days), base (26days). Firstsource solutions at 35.75 – Support at 34 Apollo tyres at 52.30 – Support at 50.50 No negative breakouts for today. Positive breakouts are likely to d…

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Posted on: November 5th, 2009 and is filed under Market News.

Disinvestment Plan Boost’s Markets

Nifty gave a sharp recovery at afternoon, it manged to close 54 points up at 4,765. Sensex gained 151 points at 16,063. Government’s plan to disinvest stake in profit-making public sector units had a positive impact on the markets. Huge buying activity in the last hour of trade saw Indi…

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Posted on: November 4th, 2009 and is filed under Market News.

Positive/Negative breakouts for 05-11-09

Positive breakouts from last days trade: Stocks above their 14dma, 25dma, 50dma, conversion (9days), base (26days). Tips Industries at 51.80 – Support at 50 No negative breakouts for today. Positive breakouts are likely to do well if markets remain flat/positive. On the other h…

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Posted on: November 4th, 2009 and is filed under Market News.

Positive/Negative breakouts from 03-11-09

Positive breakouts from last days trade: Stocks above their 14dma, 25dma, 50dma, conversion (9days), base (26days). Jet Airways at 404 – Support at 390 No negative breakouts for today. Positive breakouts are likely to do well if markets remain flat/positive. On the other hand, …

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Posted on: November 3rd, 2009 and is filed under Market News.

Reliance Comm Q2 net down more than half

The Mumbai-based firm, which trails market leader Bharti Airtel, said net profit fell 51.7 percent to 7.40 billion rupees ($158 million) for its fiscal second-quarter ended in September, from 15.31 billion a year earlier. The company had to provide for foreign exchange losses of 2.83 bil…

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Posted on: November 2nd, 2009 and is filed under Market News.

Oracle Financial Consolidated Q2 profit rockets to Rs 204.56 crore

Oracle Financial Services Software Ltd has announced the Consolidated Financial results for the quarter ended September 30, 2009. The Group has posted a net profit after tax of Rs 2045.604 million for the quarter ended September 30, 2009 as compared to Rs 934.241 million for the quarter e…

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