Quotes with Resistance & Support
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Dow record not necessarily a buy signal

Posted on: Sunday, March 10th 2013 and is filed under Market News.

he Dow’s run to record highs in the stock market’s rally this year may not mean it’s time for investors to go on a buying spree. Instead, many financial advisers are telling clients to go easy, whether they’re just getting back into stocks or seeking to add to equ...

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Taxation – How much tax do you have to pay from your profits? and how do you manage your losses?

Posted on: Saturday, March 9th 2013 and is filed under Press Releases.

Due Date: Income tax returns have to be filed before July 31 for individuals and September 30 for companies. In case your turnover exceeds Rs. 1 crore in a financial year, then the book of accounts needs to be audited. In such cases the due date is September 30 to file your returns. Unde...

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Markets extend gains led by financial shares

Posted on: Friday, March 8th 2013 and is filed under Market News.

BSE FMCG and Oil & Gas indices have surged by almost 2% followed by counters like Metal, PSU, Capital Goods, Banks, Power, Consumer Durable and Healthcare, all gaining by 1% each. Benchmark indices have extended the gains in late noon trades, amid value buying at lower level and sho...

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Intraday calls for 08-03-13

Markets likely to open flat, resistance for Nifty at 5900 Buy Wockhardt around 2035, Target: 2075, SL: 2008 ...

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Weak outlook for markets

Posted on: Thursday, March 7th 2013 and is filed under Market News.

As a result of massive falls in these stocks, leveraged long operators were caught on the wrong foot The crash in mid-caps during February highlighted both the fragility as well as the strength of the Indian stock market. Many highly-fancied midcaps such as Opto Circuits, Core Education,...

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Intraday calls for 07-03-13

Markets likely to open flat, Resistance for Nifty at 5840 Buy Venkys around 520, Target: 532, SL 512 – (Book profit in Venkys at 533) ...

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Intraday calls for 06-03-13

Markets likely to open higher, resistance for Nifty at 5830, support at 5750 Sell SBI on rise Note: I shall be able to come online by 12pm, as I am travelling ...

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Dow Hits All-Time High

Posted on: Tuesday, March 5th 2013 and is filed under Market News.

In the face of great skepticism and a laundry list of reasons why it shouldn’t be happening, the Dow Jones Industrial Average (^DJI) burst higher in early trading today, eclipsing the previous closing high of 14,164 set on October 9, 2007. As it stands, the DJIA is also trading abov...

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Intraday calls for 05-03-13

Markets likely to open flat, Support for Nifty at 5650, resistance at 5760 Sell LT if it breaks 1360, Target: 1330, SL 1378 ...

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ONGC is No 1 profit-making PSU, BSNL worst performer

Posted on: Tuesday, March 5th 2013 and is filed under Market News.

New Delhi: ONGC has retained the top position in the coveted list of 10 most profit-making PSUs, while BSNL was the biggest loss-making state-run company in 2011-12, according to a government survey. ONGC, the country’s largest oil and gas producer, earned a net profit of Rs 25,122...

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