Quotes with Resistance & Support
Market Information

Jet Airways told to pay Rs 69 cr or face a/c freeze

Posted on: Sunday, March 11th 2012 and is filed under Market News.

After it froze the bank accounts of the beleaguered Kingfisher Airlines, the service tax department has now served a notice on Jet Airways to pay about Rs 69-crore dues in 24 hours or face similar consequences. The airline said it would pay by Monday. Central Board of Excise and Customs ...

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Intraday calls for 09-03-12

Markets likely to open higher. Resistance for nifty is at 5420. Buy Cairn India at 357-358, target: 364. Stoploss: 352 9.16am – Book profit in 5200 ce at 209 9.26am – Buy Infosys at 2897, target: 2920. Stoploss: 2877 – Exit infosys at 2875 ...

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MCX to list shares on BSE on March 9

Posted on: Thursday, March 8th 2012 and is filed under Market News.

MUMBAI: Multi-Commodity Exchange of India Limited (MCX), India’s leading commodity exchange today said its shares will get listed on BSE on Friday, March 9. MCX will become India’s first exchange to be listed, a company statement said here. MCX will be at par with other inte...

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Markets to remain closed on Thursday (08-03-12)

Posted on: Wednesday, March 7th 2012 and is filed under Market News.

Markets to remain closed on Thursday (08-03-12) on account of Holi. ...

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Intraday calls for 07-03-12

Markets likely to open flat. Support for nifty is at 5150 and resistance at 5300 Buy Bhushan Steel at 376.50, target: 384. Stoploss: 371. – (exit Bhushan steel at 374) Sell Biocon at 267-268, target: 260. Stoploss: 273 – (Book profit in Biocon at 263.50) 2.56pm – Nift...

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“Time for a Reasonable Selloff” in Stocks But Gold’s Slide Could Signal Something Worse

Posted on: Wednesday, March 7th 2012 and is filed under Market News.

Stocks fell sharply Tuesday, putting the Dow on track for its worst single-day decline of 2012. In recent trading, the Dow was down more than 200 points, or 1.64%, while the S&P 500 was lower by 1.65% and the Nasdaq was off 1.59%. The downturn follows sharp overnight declines in Asi...

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Technical View :: Axis bank, Tata steel, Hindalco & HDIL

Posted on: Tuesday, March 6th 2012 and is filed under Techinicals Breakouts NSE BSE.

Tata steel: Tata steel has good support at 440 levels. If manages to close below this, it can test 420. Hindalco Industries: Hindalco has strong support at 135 levels. If close below this could take it lower to 123-125. Axis bank: Axis bank has good support at 1150 levels. Below ...

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SP emerges as largest party in UP

Posted on: Tuesday, March 6th 2012 and is filed under Market News.

Samajwadi Party is emerging as the single largest party leading in 173 of the total 403 seats in Uttar Pradesh Assembly. BSP, which had won an absolute majority with 206 seats in the 2007 polls, is leading in 98 seats, whereas BJP and Congress are ahead in 56 seats each. Other political...

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Tata Steel, ONGC in Fortune list

Posted on: Tuesday, March 6th 2012 and is filed under Market News.

Two Indian companies, Tata steel and ONGC, have made it to a list of the world’s most admired companies, compiled by management consultancy giant Hay Group and global business magazine Fortune. While the global rankings of the Indian companies were not known, the worldwide list has ...

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Intraday calls for 06-03-12

Markets likely to open a bit lower. Nifty has resistance at 5320. Sell Axis bank at 1150, target: 1122. Stoploss: 1165 If markets show some recovery later during the day, buy: Godrej Industries 9.22am – sell HDIL below 100, target: 96. Stoploss: 103 ...

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