Quotes with Resistance & Support
Market Information

RBI slashes repo rate, CRR by 25 bps each

Posted on: Tuesday, January 29th 2013 and is filed under Market News.

The rate cut, first in nine months, is likely to encourage banks to reduce their lending rates The Reserve Bank of India ( RBI) has slashed the repo rate by 25 bps to 7.75%. The reverse repo rate will also be adjusted to 6.75% from 7%. It has also announced a cut in CRR by 25 bps to 4%,...

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Intraday calls for 29-01-13

Markets likely to open flat, Resistance for Nifty at 6100 Buy Mastek above 155, Target: 162, SL 150 – (Can continue to hold Mastek for 1-2 days if possible.) ...

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Intraday calls for 28-01-13

Markets likely to open flat. Resisatnce for Nifty is at 6100 Buy Suzlon Energy at 20.90-21.10, target: 22.50. Stoploss: 20. – (Book profit in Suzlon energy at 21.80-22) ...

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Technical View:: Nifty, Suzlon & Maruti Suzuki

Posted on: Sunday, January 27th 2013 and is filed under Techinicals Breakouts NSE BSE.

Click on the chart to enlarge. Nifty: Nifty is in an uptrend since June’ 12. Recently has been trading in a 100 point range since one month. If global markets support, nifty could head upto 6150 in coming days. On the upside faces resistance at 6150-6180 levels. Has good support a...

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Air India ranked world’s third worst airline

Posted on: Friday, January 25th 2013 and is filed under Market News.

Washington: Air India has been rated world’s third least safe airline after China Airlines and TAM Airlines, according to a report from a website that monitors plane crashes around the world. India’s national carrier is ranked 58th among 60 listed airlines by Hamburg based Je...

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Intraday calls for 25-01-13

Markets likely to open flat, Support for Nifty at 5980 Buy Reliance Infra on dips – (Book profit in rel infra at534 if entered earlier.) ...

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HDIL extends fall on Citigroup exit, tanks 28% in 2 days

Posted on: Thursday, January 24th 2013 and is filed under Market News.

Citigroup Global Markets Mauritius and Sarang Wadhawan sold equity shares worth of Rs 92 crore in past two days. Housing Development & Infrastructure Ltd ( HDIL) has tanked 16% to Rs 80.60, extending its over 20% fall in past two trading sessions after the company’s promoter alon...

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Intraday calls for 24-01-13

Markets likely to open flat, Support for Nifty at 6030 Buy Sun TV Network around 442, Target: 452, SL 435 – (Continue to hold Suntv for now.) ...

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Intraday calls for 23-01-13

Markets likely to open flat, Support for Nifty at 6030 Buy Mahindra & Mahindra around 885, Target: 898, SL: 876 (faces strong support at 880) Currently travelling. wont be able to respond to queries till evening. ...

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Intraday calls for 22-01-13

Markets likely to open flat, Support for Nifty at 6030 Buy Indraprastha Gas around 272.5, Target: 280, SL 267 – (SL triggered in IGL) ...

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