Quotes with Resistance & Support
Market Information
Intraday calls for 12-01-11
Posted on: January 12th, 2011 at 8:35 am
Markets likely to open higher, Strong support for Nifty at 5680, Resistance at 5860
Buy Shree Ganesh Jewellry at 193, Target: 199, SL 188 (book profits at 199)
1.50pm – buy dlf at 260 target: 266. stoploss: 254 – (book profits at 264)
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yogi Says:
January 12th, 2011
Posted at: 11:56 am
India's industrial output in November rose a slower-than-expected 2.7 percent from a year earlier, sharply lower than the previous month's revised annual growth of 11.3 percent, government data showed on Wednesday.
The median forecast in a Reuters poll was for an annual rise of 6.6 percent.
Manufacturing output , which constitutes about 80 percent of the industrial production, rose an annual 2.3 percent in November, the federal statistics office said in a statement.
Industrial output rose 10.4 percent in the 2009/10 financial year (April-March) , faster than the 2.8 percent clocked in the previous fiscal year.
RAMA Says:
January 12th, 2011
Posted at: 11:57 am
Sangam India is reportedly planning to expand and grow its textile business to cover pan-India territories especially across North and East India. Sangam India is a dominant player in South and West and is looking to scale up of its marketing operations across North and East India so that it can aggressively drive incremental revenues and business volumes from its textile business from these two regions.
The company will also be launching its new television campaign (TVC) on January 17, for which it has roped in Bollywood and cricket stars Suniel Shetty and Virat Kohli as its brand ambassadors, a part of business and marketing scale-up strategy by the company.
The new TVC is an integral part of its aggressive scale-up in marketing operations as well as marketing spends by the company. The company also plan to introduce new product lines across the entire value bandwidth and is currently exploring business opportunities in India and abroad to enter into strategic alliances to launch premium product lines, company officials said.
The company is planning a marketing investment of over Rs 500 million in next three years. The company is setting up new operations as well as appointing new distributors and retailers across North and East regions of India. Sangam India is also targeting a distribution network of over 200 dealers and 5000 retailers across these regions over a period of 12 months which will nearly double its current market depth on a pan-India basis.
yogi Says:
January 12th, 2011
Posted at: 12:00 pm
Hi SB, congrats for u r new office
wish u all the best,be in touch with pal's of NG
Lalith Says:
January 12th, 2011
Posted at: 12:02 pm
Hi SB, any more calls?
yogi Says:
January 12th, 2011
Posted at: 12:03 pm
AHLUWALIA SAYS HEADLINE INFLATION OF MORE THAN 6 PCT "UNCOMFORTABLE"
Billa Says:
January 12th, 2011
Posted at: 12:03 pm
Hi CB / Karthik,
Please tell me, How will Zylog (@560), SPARC (@98) & Genus power(@27) do in 1 year?
Priyanka Says:
January 12th, 2011
Posted at: 12:04 pm
Hi SB,
Wish you all the very best!
amit Says:
January 12th, 2011
Posted at: 12:08 pm
12/01/2011 11:53
Sangam India surges on plans to grow its textile business
The scrip is currently trading at Rs. 39.30, up by 0.40 points or 1.03%
Sangam India is currently trading at Rs. 39.30, up by 0.40 points or 1.03% from its previous closing of Rs. 38.90 on the BSE.
The scrip opened at Rs. 39.70 and has touched a high and low of Rs. 39.90 and Rs. 38.80 respectively. So far 7301 shares were traded on the counter.
The BSE group 'B' stock of face value Rs. 10 has touched a 52 week high of Rs. 63.00 on 24-Nov-2010 and a 52 week low of Rs. 27.00 on 9-Feb-2010.
Last one week high and low of the scrip stood at Rs. 44.35 and Rs. 38.05 respectively. The current market cap of the company is Rs. 154.93 crore.
The promoters holding in the company stood at 36.03% while Institutions and Non-Institutions held 5.24% and 58.72% respectively.
Sangam India is reportedly planning to expand and grow its textile business to cover pan-India territories especially across North and East India. Sangam India is a dominant player in South and West and is looking to scale up of its marketing operations across North and East India so that it can aggressively drive incremental revenues and business volumes from its textile business from these two regions.
The company will also be launching its new television campaign (TVC) on January 17, for which it has roped in Bollywood and cricket stars Suniel Shetty and Virat Kohli as its brand ambassadors, a part of business and marketing scale-up strategy by the company.
The new TVC is an integral part of its aggressive scale-up in marketing operations as well as marketing spends by the company. The company also plan to introduce new product lines across the entire value bandwidth and is currently exploring business opportunities in India and abroad to enter into strategic alliances to launch premium product lines, company officials said.
The company is planning a marketing investment of over Rs 500 million in next three years. The company is setting up new operations as well as appointing new distributors and retailers across North and East regions of India. Sangam India is also targeting a distribution network of over 200 dealers and 5000 retailers across these regions over a period of 12 months which will nearly double its current market depth on a pan-India basis.
saumya Says:
January 12th, 2011
Posted at: 12:08 pm
Congratulations SB
India Bull Says:
January 12th, 2011
Posted at: 12:08 pm
Hi CB,
I brought RCOM at 172 now it is trading at 133.Will i buy some more share to adjust my loss or will wait for some more time to go down and then buy?
saumya Says:
January 12th, 2011
Posted at: 12:10 pm
any one to suggest any nifty option trade for today?
gaps Says:
January 12th, 2011
Posted at: 12:13 pm
CAn I enter Shree ganesh jewellery now?
M.A.Bari Says:
January 12th, 2011
Posted at: 12:13 pm
Hello Mr karthik
please answer my queries as I am joining newly in your quiries section
yogi Says:
January 12th, 2011
Posted at: 12:16 pm
Hi saumya, 5800 jan call enter around at 62
abhi Says:
January 12th, 2011
Posted at: 12:17 pm
Hi SB, Congrats dude
CB Says:
January 12th, 2011
Posted at: 12:17 pm
Hi M.A.Bari, yes, these are a hold for short term. chambal usually does well as we near budget. jain irrigation too is a hold. keep these for 1-2 months time. likely to do wel
Hi gaps, no, not yet.
just came online.