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Asian Stocks Drop as Euro Approaches Two-Year Low

Posted on: Wednesday, May 30th 2012 and is filed under Market News.

Asian stocks dropped and the euro fell to a two-year low as Spanish borrowing costs rose and China damped speculation of large-scale economic stimulus. Oil and metals prices slid. The MSCI Asia Pacific Index lost 1.2 percent as of 10:55 a.m. in Tokyo, led by shares of resources and energ...

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RIL buys back shares worth Rs 500 cr in 10 sessions

Posted on: Wednesday, May 30th 2012 and is filed under Market News.

Mukesh Ambani’s Reliance Industries Ltd (RIL) has bought back shares worth a little over Rs 500 crore in just 10 trading sessions. Between May 11 and 24, the country’s second-highest valued company purchased 7.78 million shares. As on May 24, RIL had purchased a total of 19.22 millio...

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Intraday calls for 29-05-12

Posted on: Tuesday, May 29th 2012 and is filed under Intraday Tips, Daytrading, Intraday tips for free NSE BSE Breakouts Daily intraday tips calls.

Markets likely to open flat. Support for nifty is at 4950 and resistance at 5050 Buy TVS Motors at 35.50, target: 37.20. Stoploss: 34.60 – (Exit from TVS motors at 35.20) For a technical view on Nifty, Tata motors, Cairn India and ACC, Read More..

Technical View:: Nifty, Tata motors, Cairn India & ACC

Posted on: Monday, May 28th 2012 and is filed under Techinicals Breakouts NSE BSE.

Nifty: Nifty did manage to bounce back from strong support zone of 4750-4800 levels. In this upmove can test 5100 levels if global markets support. Has strong resistance higher near 5150. Strong support remains in the 4750-4800 zone. Tata motors: Tata motors if manages to cross 279, ca...

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Intraday calls for 28-05-12

Posted on: Monday, May 28th 2012 and is filed under Intraday Tips, Daytrading, Intraday tips for free NSE BSE Breakouts Daily intraday tips calls.

Markets likely to open flat. Support for nifty is at 4870 and resistance at 4950 Buy Hindalco industries at 111.90, target: 116. Stoploss: 108 – (book profit at 115) 3.08pm – Book profit in 4900ce at 78-80 ...

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FIIs bet heavily in Indian market, but in Singapore

Posted on: Saturday, May 26th 2012 and is filed under Market News.

The General Anti-Avoidance Rule (GAAR) may have been deferred for a year but many foreign institutional investors (FIIs) do not want to take chances. They are shifting their trading positions to Singapore, where derivatives of India’s key equity index, the Nifty, are listed. That i...

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Intraday calls for 25-05-12

Posted on: Friday, May 25th 2012 and is filed under Intraday Tips, Daytrading, Intraday tips for free NSE BSE Breakouts Daily intraday tips calls.

Markets likely to open flat. Resistance for nifty is at 4950. Buy Emami ltd at 475-478, target: 490. Stoploss: 468 12.50pm – buy 4900 ce at 63, target: 80. Stoploss: 4880 (spot) ...

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Jet Airways posts fifth straight quarterly loss

Posted on: Friday, May 25th 2012 and is filed under Market News.

The carrier continued to bear the brunt of high fuel costs and intense competition Jet Airways posted a fifth straight quarterly loss on Thursday, as the carrier continued to bear the brunt of high fuel costs and intense competition. Troubles at rival Kingfisher Airline, which stopped ...

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Intraday calls for 24-05-12

Posted on: Thursday, May 24th 2012 and is filed under Intraday Tips, Daytrading, Intraday tips for free NSE BSE Breakouts Daily intraday tips calls.

Markets likely to open slightly higher. Resistance for nifty is at 4880 and support at 4810 Buy Colgate Palmolive at 1208, target: 1225. Stoploss: 1193 Sell Bharti Airtel on rise near 285-286, target: 277. Stoploss: 291 – (SL triggered in Bharti Airtel) ...

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Sharpest ever increase in petrol price by Rs 7.50/litre

Posted on: Thursday, May 24th 2012 and is filed under Market News.

Petrol prices have been increased steeply by Rs 7.50 a litre from midnight. The increase was on the cards with the rupee continuing its free fall against the US dollar. The rupee fell to a record life low of 56 per dollar on Wednesday. State-owned oil companies have decided to raise petr...

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