Quotes with Resistance & Support
Market Information

Intraday calls for 14-10-13

Markets likely to open slightly lower. Support for nifty is at 5950 and resistance at 6150. Buy Escorts at 97, target: 101. Stoploss: 94.50 ...

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The man who lost 90% of his fortune twice

Posted on: Monday, October 14th 2013 and is filed under Market News.

Mehul Choksi’s Gitanjali hit by gold curbs, distributor defaults and liquidity crunch The 91.9 per cent slide in the stock price of Gitanjali Gems since April has depleted the value of promoter Mehul Choksi’s holding in the company by at least Rs 17 crore a day on an average. Hi...

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Intraday calls for 11-10-13

Markets likely to open higher, support for Nifty at 6050 Buy Rallis India around 158, target: 163, SL 154 – (book profit at 165) ...

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All eyes on Infosys as hopes from IT pack run high

Posted on: Thursday, October 10th 2013 and is filed under Market News.

Weak rupee, demand uptick and improved macro to aid sector in upcoming earnings season. Observers to closely eye management comments on near-term outlook With several key metrics showing signs of improvement, expectations from the Indian information technology (IT) sector are running hig...

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Intraday calls for 10-10-13

Markets likely to open flat, support for Nifty at 5960 Buy Voltas around 85, target: 88, SL 83 Note: I’ll be online by 9 am. ...

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September trade deficit dips to $6.76 billion, gold imports decline sharply

Posted on: Wednesday, October 9th 2013 and is filed under Market News.

NEW DELHI: The trade deficit for the month of September reduced to $6.76 billion versus $10.9 billion in August. While exports were up 6% to $27.68 billion versus $26.1 billion in August, imports were down 7.1% to $34.44 billion versus $37.05 billion. The trade deficit for the period Apr...

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Intraday calls for 09-10-13

Markets likely to open lower. Resistance for nifty is at 5940. Buy Idea Cellular around 183, target: 188. Stoploss: 179 facing internet issues. will be online as soon as its resolved. ...

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Intraday calls for 08-10-13

Markets likely to open higher. Resistance for nifty is at 5940. Buy Raymond ltd at 251.10, target: 261. Stoploss: 247 ...

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RBI cuts MSF rate by 0.5% to improve liquidity

Posted on: Tuesday, October 8th 2013 and is filed under Market News.

Mumbai: The Reserve Bank on Monday reduced the marginal standing facility (MSF) rate, at which banks borrow from it, to 9 percent from 9.5 percent to improve liquidity in the system. “It has been decided to reduce the marginal standing facility (MSF) rate by a further 50 basis poin...

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Intraday calls for 07-10-13

Markets likely to open lower, support for Nifty at 5840 resistance at 5950 Buy Motherson Sumi Systems around 240, target: 247, SL 235 Note: I’ve been traveling and shall be back by 11.am ...

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