Quotes with Resistance & Support
Market Information

Sensex, Nifty to move in a range: Wednesday Closing Report

Posted on: Thursday, June 28th 2012 and is filed under Market News.

The Nifty may move sideways with a negative bias in the range of 5,060 to 5,155 The volatile market settled higher on hopes that the prime minister, who has kept the finance portfolio, will create a path for economic reforms. On a higher volume of 53.36 crore on the National Stock Exchan...

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Intraday calls for 28-06-12

Markets likely to open flat. Resistance for nifty is at 5170 and support at 5080 Buy JSW Steel at 667.40, target: 679. Stoploss: 658 – (Exit JSW steel at 670) 9.18am – Book profit in Polaris software at 128 (call given on 19-06-12) ...

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World stocks up, euro flat ahead of EU summit

Posted on: Wednesday, June 27th 2012 and is filed under Market News.

European shares edged up on Wednesday but the euro was flat, with many investors out of the markets after Germany reiterated its staunch opposition to common bonds to share the euro zone’s debt burden ahead of a European crisis summit. The dollar eased from earlier highs and safe-h...

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Intraday calls for 27-06-12

Markets likely to open slightly higher. Support for nifty is at 5080 and resistance at 5170 Buy Pantaloon Retail at 179.90, target: 186. Stoploss: 176 – (Continue to hold Pantaloon till tomorrow if possible) ...

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Etihad, Qatar Airways eye stake in SpiceJet

Posted on: Tuesday, June 26th 2012 and is filed under Market News.

No-frills airline, SpiceJet, is in discussions with two West Asian airlines, Etihad Airways and Qatar Airways, for a minority stake sale. The move comes amidst expectations that the government would allow foreign airlines to invest directly in Indian carriers. When contacted, a SpiceJet ...

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Intraday calls for 26-06-12

Markets likely to open flat. Support for nifty is at 5080. Buy Everonn Education at 213.80, target: 221. Stoploss: 208 ...

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ECB limit hiked to $10 bn – Markets fall

Posted on: Monday, June 25th 2012 and is filed under Market News.

The government securities’ limit also has been hiked, to $20 bn from $15 bn As part of its measures to boost economy, the government today increased the external commercial borrowings’ limit to $10 billion for repayment of outstanding rupee loans towards capital expenditure ...

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Intraday calls for 25-06-12

Markets likely to see a flat opening. Support for nifty is at 5100 and resistance at 5170. Buy Reliance capital at 352, target: 361. Stoploss: 346 – (avoid due to gap up opening) 9.32am – Buy ICICI bank at 863.50, target: 878-880. Stoploss: 852 – (SL triggered) 10.48a...

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Markets may remain volatile ahead of derivative expiry: experts

Posted on: Sunday, June 24th 2012 and is filed under Market News.

Stock markets are likely to see high volatility this week as a weak rupee, insipid domestic and international cues and settlement in this month’s derivative contracts will influence sentiments, analysts said. “This week would continue to pose challenges for the markets in lig...

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Rupee free-fall continues, tanks past 57.30 against dollar

Posted on: Friday, June 22nd 2012 and is filed under Market News.

Mumbai: The rupee fell way past the psychological mark of 57 for the first time to 57.32 against the dollar Friday on strong demand for the American currency from oil importers, increased capital outflows and concerns over slowdown in global economic growth. Continuing its free fall, the...

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