Quotes with Resistance & Support
Market Information

Intraday calls for 05-06-12

Markets likely to open slightly higher. Resistance for nifty is at 4870 and support at 4750-4800 Buy Axis bank at 988, target: 1012. Stoploss: 975 – (book profit at 1010) If markets show weakness later during the day, sell: Jindal Steel and power – (Book profit in Jindal ste...

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World stocks head lower as slowdown fears grow

Posted on: Monday, June 4th 2012 and is filed under Market News.

The euro slid 0.3% to $1.2400, moving closer to the $1.2288 it hit on Friday, its lowest level since July 2010. European shares joined a global sell-off in riskier assets on Monday after disappointing May economic data from the United States and China overwhelmed any positive impact from...

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After a year of logjam, Aurobindo Pharma starts getting USFDA nod

Posted on: Monday, June 4th 2012 and is filed under Press Releases.

After a year of uncertainties, respite may be around the corner for Aurobindo Pharma, as it recently received a go-ahead from the US Food and Drugs Administration (FDA) for one of its key units and is expecting the same for another. Both the units were under the scanner of FDA since 2011....

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Intraday calls for 04-06-12

Markets likely to open a bit lower. Strong support for nifty is in the 4750-4800 zone. If markets show recovery later during the day, buy: Coal India. 9.20am – Buy Aurobindo Pharma at 106, target: 110. Stploss: 103. Trade in small quantity ...

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China data, Spain tip euro to 2-year lows, Bunds near record peak

Posted on: Friday, June 1st 2012 and is filed under Market News.

LONDON (Reuters) – Weak Chinese data and worries about Spain’s banking sector drove the euro to two-year lows against the dollar and safe-haven German Bund futures towards record highs on Friday. European stock futures (.FTEU3) steadied at the open after falling towards their...

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Slowdown gets worse, GDP growth sinks to 9-year low

Posted on: Friday, June 1st 2012 and is filed under Market News.

The country’s economic growth fell to 6.5 per cent in 2011-12, according to official figures released on Thursday. The growth was the lowest in nine years, including the global financial crisis period of 2008-09 when it was 6.7 per cent. The advance estimates for 2011-12 had pegged the ...

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Intraday calls for 01-06-12

Markets likely to open slightly lower. Support for nifty is at 4875. Resistance at 4960. Buy Siemens at 672-677, target: 690. Stoploss: 663 – (SL Triggered) Currently travelling and won’t be able to respond to queries till late evening. ...

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Intraday calls for 31-05-12

Markets likely to open lower. Support for nifty is at 4920 and resistance at 5050. If markets show recovery later during the day, buy: Hero moto corp above 1848 – (If holding Hero moto, continue to hold it till tomorrow.) Markets are likely to remain volatile today due to expiry a...

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Europe’s Deepening Crisis Drags Wall St Lower: Treasury Yields at Record Lows

Posted on: Thursday, May 31st 2012 and is filed under Market News.

By Rodrigo Campos NEW YORK (Reuters) – U.S. stocks tumbled on Wednesday as surging bond yields in Spain and Italy ratcheted up tensions in financial markets about Europe’s ability to solve its growing debt crisis. Angst over Europe drove investors away from risky assets and ...

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Intraday calls for 30-05-12

Markets likely to open lower. Support for nifty is at 4930 and resistance at 5050. If markets show recovery later during the day, buy: Reliance industries above 695 – (Book profit in Ril at 707) ...

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