Quotes with Resistance & Support
Market Information

Intraday calls for 11-06-13

Markets likely to open lower. Support for nifty is at 5840 and resistance at 5980. If markets show recovery later during the day, buy: Torrent Pharmaceuticals ...

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Rupee to test 60 against the Dollar in near term

Posted on: Tuesday, June 11th 2013 and is filed under Techinicals Breakouts NSE BSE.

Rupee is currently trading at 58.10 against the dollar.. Technically has given a good breakout above 57.50 levels. In short term its likely to head upto levels of 60-60.50 in coming days. ...

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Rupee tumbles to all-time low of 57.77 against dollar

Posted on: Monday, June 10th 2013 and is filed under Market News.

Mumbai: The rupee Monday fell by a whopping 71 paise to hit a new life-time low of 57.77 in trade on persistent dollar demand from importers and banks amid the US currency gaining overseas. The rupee resumed lower at 57.18 against the dollar as against the last weekend’s level of 5...

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Intraday calls for 10-06-13

Markets likely to open higher. Resistance for nifty is at 5980 and support at 5840 Buy Arvind at 85.60, target: 88. Stoploss: 84 – (Book profit in Arvind at 86.50) ...

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YES Bank AGM sees high drama, voting

Posted on: Sunday, June 9th 2013 and is filed under Market News.

Appointment of directors put to vote; Bombay HC to have final say The tussle between the promoters of YES Bank over board-level appointments spilled into the private lender’s annual general meeting (AGM) today, as crucial resolutions to induct three board members were opposed by severa...

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Markets open flat ahead of US jobs report

Posted on: Friday, June 7th 2013 and is filed under Market News.

The broader markets opened higher with mid-caps and small-caps gaining nearly 0.2% on the BSE. Markets opened flat a with negative bias this Friday asinvestors traded cautiously ahead of US jobs report later today amid speculation that improvement in the U.S. economy will lead the Federa...

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Intraday calls for 07-06-13

Markets likely to open lower, support for Nifty at 5870 Buy Havells India around 710, target: 723, SL 702 – (Book profit in Havells at 732. Apollo hospitals is a hold) Note: I am traveling and wont be able to reply until 5pm ...

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Intraday calls for 06-06-13

Markets likely to open lower. Support for nifty is at 5830 and resistance at 5980 No new call yet. Continue to hold Apollo hospitals. ...

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Intraday calls for 05-06-13

Markets likely to open lower. Resistance for nifty is at 5950. If markets show recovery later during the day, buy: Apollo Hospitals – (Can continue to hold Apollo hospitals. looks good technically) ...

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Bank licence clarification: Who gains, who loses – Read on

Posted on: Wednesday, June 5th 2013 and is filed under Market News.

The Reserve Bank of India (RBI) clarification on the final norms for new bank licences has much to mull on for the many entities interested. It has clearly ruled out any benefit to the new entrant...

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