Quotes with Resistance & Support
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Posted on: June 12th, 2009 and is filed under Stock Views.

Tata Comm has support at Rs 462: H Kapadia

Hemen Kapadia of Chartpundit.com is of the view that Tata Communications has strong support at Rs 462. Kapadia told CNBC-TV18, “I have a hold on Idea cellular because we had an intermediate uptrend. The indicators are supporting it move. It is above short and medium term moving av…

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Posted on: June 11th, 2009 and is filed under Stock Views.

Investors have better options

UMBAI: The frenzied rally on Dalal Street since early April seems to be evoking, among many investors, memories of the 2007 bull run and the BSE Investing for long term Become your own financial planner Get set for long-term investment Investing in volatile markets Tax-saving invest…

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Posted on: June 11th, 2009 and is filed under Stock Views.

Kotak Mahindra has target of Rs 800: Gujral

Technical Analyst, Ashwani Gujral is of the view that Kotak Mahindra Bank has next target of Rs 800. Gujral told CNBC-TV18, “Kotak Mahindra Bank gave a sort of a breakout and the next target here could be around Rs 800. But a lot of these banks are breaking out and then losing stea…

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Posted on: June 11th, 2009 and is filed under Stock Views.

Satyam may test Rs 95-96: Baliga

Ambareesh Baliga of Karvy Stock Broking is of the view that Satyam can test Rs 95-96. Baliga told CNBC-TV18, “In Satyam you will have at least another one-two circuit before it comes off; assuming that the markets hold on at these levels. So, I think closer to Rs 95-96.” sou…

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Posted on: June 10th, 2009 and is filed under Stock Views.

DSP Blackrock MF bullish on infrastructure space

Anup Maheshwari of DSP Blackrock MF is bullish on infrastructure space. Maheshwari told CNBC-TV18, “It is safe to say there is some exuberance in infrastructure sector. We are very bullish on infrastructure, we have a fund as well there but valuations are running a little ahead of …

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Posted on: June 10th, 2009 and is filed under Stock Views.

Best Mid Cap Stocks To Buy Now For 2009 – 2010

The current rally in Indian stock markets has taken Nifty from 2,573 on March 09 to 4,587 on June 05. And behind this surge too is a range of mid-cap stocks. The benchmark index for mid-cap companies CNX Midcap closed at 5,682 on last Friday, a whopping 94% up from March 09. ET Intelligen…

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Posted on: June 10th, 2009 and is filed under Stock Views.

Banking stocks an excellent bet for long term: M Thacker

Mitesh Thacker, Technical Analyst, miteshthacker.com is of the view that banking space is looking an excellent bet from longer term perspective. Thacker told CNBC-TV18, “The key factor over here is that the long-term patterns of most of the PSU banks are very good. Infact we saw PN…

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Posted on: June 9th, 2009 and is filed under Stock Views.

Sector Analysis – Tyre Manufacturing & Best Stocks

The tyre industry, which was reeling under a slowdown in demand till December ‘08, is likely to show signs of improvement in the coming quarters. With the price of rubber, a key raw material, easing off and uptick in demand from passenger cars, tyre makers are likely to register a bette…

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Posted on: June 9th, 2009 and is filed under Stock Views.

Alok Industries has target of Rs 30-34: M Thacker

Technical Analyst, Mitesh Thacker is of the view that Alok Industries has target of Rs 30-34. Thacker told CNBC-TV18, “On Alok, the two price targets that we are working with are around Rs 30-34. We saw all these stocks hit their weekly supply areas. In fact along with the index w…

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Posted on: June 8th, 2009 and is filed under Stock Views.

Buy Punjab National Bank, target of Rs 750: KRChoksey

KRChoksey has maintained its buy rating on Punjab National Bank, PNB with price target of Rs 750, in its report. “PNB reported strong Net Profit of Rs 865.6 crores, up 59.2% y-o-y but down 13.4% q-o-q on back of better operational performance and strong growth in non interest incom…

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