Quotes with Resistance & Support
Market Information

Govt raises Customs duty on gold by 2 percentage points

Posted on: Tuesday, January 22nd 2013 and is filed under Market News.

The government on Monday increased the Customs duty on gold and platinum by two percentage points to six per cent. With this, the duty on gold has gone up five-fold since January last year, when it stood at one per cent. The move is aimed at curtailing imports of the metals. Gold has be...

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Intraday calls for 21-01-13

Markets likely to open flat, Support for Nifty at 6030 Buy Bank of Baroda around 885, Target: 898, SL 874 ...

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Wkly Tech Analysis: Bias to remain positive above 6,040

Posted on: Sunday, January 20th 2013 and is filed under Market News.

As long as the Sensex sustains at levels above 19,950, the bias is likely to remain fairly bullish. The weekly Fibonacci charts suggest support for the index at 19,870-19,770 Last week, the markets recorded fresh two-year highs, owing to aggressive buying in energy shares like Reliance ...

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Markets remain firm

Posted on: Friday, January 18th 2013 and is filed under Market News.

BSE Oil & Gas and PSU indices have surged by 3% each Benchmark Indices are higher led by buying demand among Oil & Gas, PSU, Banking and Capital Goods shares. However, selling among IT and Auto sectors have capped the upside movement. By 1240, the Sensex was up 105 points at ...

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Intraday calls for 18-01-13

Markets likely to open higher, Support for Nifty at 6030 Buy Berger Paints around 158, Target: 165, SL 153 – (Continue to hold Berger Paints with sl at 158) ...

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UPDATE: HCL Tech net up 68.5% at Rs 965 cr

Posted on: Thursday, January 17th 2013 and is filed under Market News.

Vineet Nayar to step down as CEO, Anant Gupta to be at helm of affairs India’s fourth-largest IT services provider HCL Technologies today announced that Vineet Nayar, CEO and Vice Chairman of the company will move away from his executive role by July 2013. Anant Gupta, who was pro...

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Intraday calls for 17-01-13

Markets likely to open flat, Support for Nifty at 5950 Buy Dr Reddys Lab. around 1930, Target: 1952, SL 1913 – (Exit Dr.Reddy’s at 1931) ...

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Intraday calls for 16-01-13

Markets likely to open lower, Support for Nifty at 6030 BUy HCL Technologies around 663, Target: 678, SL 654 – (Book profit in HCL Tech at 675) 1.08pm – Sell Bata India at 845, target: 832. Stoploss: 856 – (If entered bata above 842, book profit at 831-832) ...

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Sensex regains 20,000 after two years

Posted on: Tuesday, January 15th 2013 and is filed under Market News.

Realty, bank, IT shares lead gains, as GAAR boosts sentiment on the street Markets have surged once again, on the back of buying interest in realty and banking shares. The BSE benchmark index crossed the 20K mark to a high of 20,014. Sensex is now up 95 points at 20,002. NSE Nifty has m...

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Intraday calls for 15-01-13

Markets likely to open flat, resistance for Nifty at 6040, Support at 5950 Buy Sobha Developers around 397.5, Target: 406, SL 392 – (Book profit in Sobha developers at 420) 11.21am – Buy Essar oil at 75, target: 79. Stoploss: 72 (1-2 day hold) – (Exit Essar oil at 73.2...

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