Quotes with Resistance & Support
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Buy USD/CHF – Book profits at 0.9810

Posted on: Monday, July 30th 2012 and is filed under Commodities & Forex trading calls.

Technically it has strong support at 0.9750 levels. One can enter at cmp: 0.9774 for a target of 0.9800 Open a Forex trading account with minimum deposit of $50/ Rs.2500 and start trading instantly. Click here: ...

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Intraday calls for 30-07-12

Markets likely to open higher, resistance for Nifty at 5160, support at 5080 Buy Reliance Infrastructure around 480, Target: 490, SL 472 – (Book profit in Relinfra at 489) 12.19pm – Buy Berger Paints at 136.50, target: 141. Stoploss: 133 – (Can continue to hold Berger ...

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BSE to launch SIPs for retail investors

Posted on: Saturday, July 28th 2012 and is filed under Market News.

To tackle competition from the MCX Stock Exchange (MCX-SX), the Bombay Stock Exchange (BSE) is widening its product basket. The exchange is set to launch a new product that would allow systematic investment plans (SIPs) through its platform. The move is aimed at attracting retail investor...

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STOCK ALERT: Sun TV Network, SpiceJet tank as CBI questions promoters

Posted on: Friday, July 27th 2012 and is filed under Market News.

Sun TV Network and SpiceJet have tanked up to 40% on the bourses in morning trades on reports that the Central Bureau of Investigation (CBI) has questioned the Maran Brothers in Aircel-Maxis deal case. “Former Union Textile Minister and Lok Sabha MP Dayanidhi Maran and Sun Group chairm...

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Intraday calls for 27-07-12

Markets likely to open higher, resistance for Nifty at 5180 Sell Maruti Suzuki on rise around 1125, Target: 1090, SL 1140 – (Book profit in Maruti at 1107) ...

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Intraday calls for 26-07-12

Markets likely to open flat. Support for nifty is at 5080 and resistance at 5160 Buy Biocon at 252, target: 260. Stoploss: 247 – (SL triggered) Trade in small quantity ...

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Stocks expelled from F&O take a beating – Of the 51 stocks, 44 end in the red on unwinding of positions

Posted on: Thursday, July 26th 2012 and is filed under Market News.

A majority of the stocks that the National Stock Exchange (NSE) has decided to remove from the futures and options (F&O) segment took a beating on Wednesday due to unwinding of positions by traders. Out of the 51 excluded stocks, 44 ended with losses, with prominent names like Educom...

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Intraday calls for 25-07-12

Markets likely to open slightly lower. Support for nifty is at 5080 and resistance at 5160. If markets show recovery later during the day, buy: Shree Renuka Sugars. 9.19am – Buy Marico in small quantity at 187.70, target: 191. Stoploss: 185 – (Book profit in Marico at 193) ...

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Stocks smacked down on Spanish fears; DAX off 0.45%

Posted on: Wednesday, July 25th 2012 and is filed under Market News.

Forexpros – European stocks closed sharply lower Tuesday, as investors continued to monitor Spanish borrowing costs amid concerns the euro zone’s fourth largest economy will soon need a full-scale sovereign debt bailout. Weak manufacturing data out of the euro zone also weighed o...

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Wipro Q1 net up 18% at Rs 1,580 cr

Posted on: Tuesday, July 24th 2012 and is filed under Market News.

Total income from operations rose 24% to Rs 10,619 cr from Rs 8,538 cr in year-ago period Soap to software major Wipro Ltd reported 18.37% increase in consolidated net profit at Rs 1,580.2 crore for the first quarter ended June 30, 2012. The total income from operations during the quart...

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