Quotes with Resistance & Support
Market Information

Euro, global shares slip on Greek bailout delay

Posted on: Thursday, February 16th 2012 and is filed under Market News.

By Richard Hubbard LONDON (Reuters) – European shares fell and the euro eased to a 3-week low on Thursday as a delay in a decision on a crucial bailout for Greece unnerved investors and prompted a pause in the market rally that has marked the start of 2012. A three-hour teleconfer...

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Intraday calls for 16-02-12

Markets likely to open flat. Support for nifty is at 5420. Resistance at 5570. Sell Tata motors below 284, target: 277. Stoploss: 289 – (Book profit in tata motors at 277-277.50) ...

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More MF investors head for exit door

Posted on: Thursday, February 16th 2012 and is filed under Market News.

Bear markets or bull markets, it’s an unchanged down story for the Indian mutual fund industry on equity investors’ base. The steep rally in the stock markets since January 1 has only intensified exodus of retail investors from MFs. According to the Securities and Exchange Board of I...

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Intraday calls for 15-02-12

Markets likely to open a bit higher. Support for nifty is at 5410 Buy BF Utilities at 452, target: 465. Stoploss: 444 Buy IVRCL infra at 61.20, target: 64. Stoploss: 59 ...

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It is time to take money off the table: Jim Walker

Posted on: Wednesday, February 15th 2012 and is filed under Market News.

Globally, markets are not reflecting the imminent recession in Europe, says Jim Walker, renowned economist and managing director at Asianomics. Currently in India for the IIFL Global Investors’ Conference, Walker tells Samie Modak the current rally is driven by misplaced hope about Euro...

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Israel may target Iran after embassy car attack

Posted on: Tuesday, February 14th 2012 and is filed under Market News.

New Delhi: As tension mounts following Monday’s attack on an Israeli embassy car in New Delhi, Israel may hit Iran where it hurts the most, by targeting its oil and nuclear facilities. Israel may strike Iranian targets using its F-16 and F-15 fighters and bombers crossing the Iraqi ...

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Intraday calls for 14-02-12

Markets likely to open flat. Resistance for nifty is at 5420 and support at 5350 Buy Biocon at 289-290, target: 298. Stoploss: 284 ...

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Govt wants its divestment sum assured, dials LIC

Posted on: Tuesday, February 14th 2012 and is filed under Market News, Press Releases.

The government has allowed the Life Insurance Corporation (LIC) to increase stake in public sector entities beyond the 10 per cent cap. The move will help the insurance behemoth to meet the investment target for the financial year and support the government’s efforts to fast-track d...

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Intraday calls for 13-02-12

Markets likely to open flat. Nifty has resistance at 5420 and support at 5320. Buy Usha Martin at 34.90, target: 37. Stoploss: 33.50 ...

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Freight index crashes 66% in 2 months

Posted on: Monday, February 13th 2012 and is filed under Market News.

Freight rates for dry bulk cargo, as reflected by the benchmark Baltic dry bulk index, have crashed in the past two months. The index, at 1,930 on December 12, fell 66.5 per cent to 647 in early February and moved up marginally, to 695, in the past few days. Industry leaders say the cras...

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