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Intraday calls for 20-01-12

Posted on: Friday, January 20th 2012 and is filed under Intraday Tips, Daytrading, Intraday tips for free NSE BSE Breakouts Daily intraday tips calls.

Markets likely to open flat, nifty has resistance at 5060 and support at 4980 Buy Jai corp at 79.30, Target: 82, SL 77 9:43am: Buy Bajaj auto at 1500, Target: 1530, SL 1475 – (book profits at 1530) 1.47pm – Buy 5000 pe at 30.50, target: 41. Stoploss: 5060(cash) – (boo...

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SKS mircofinance loss widens to Rs 428 cr

Posted on: Friday, January 20th 2012 and is filed under Market News.

Confident of returning to profitability from 2012-13. SKS Microfinance on Thursday said its net loss for the quarter ended December 31 widened to Rs 427.8 crore from Rs 385 crore in the previous quarter. However, the management remained confident of returning to profitability from the fi...

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Technical View:: Infosys, Bajaj Auto, SBI & GAIL

Posted on: Thursday, January 19th 2012 and is filed under Techinicals Breakouts NSE BSE.

Infosys: Infosys saw quite a bit of selling pressure after results were out. Corrected from 2900 levels to 2600 levels. This week it managed to hold onto lows of 2580-2600 and is still at these levels. If breaks support at 2580, it can test 2540. On the upside, if holds onto 2580 levels,...

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Tata Coffee dips 7% on disappointing Q3 nos

Posted on: Thursday, January 19th 2012 and is filed under Market News.

Tata Coffee has dipped 7% to Rs 801 after reporting 52% year-on-year (y-o-y) drop in net profit at Rs 24.03 crore for the quarter ended December 31, primarily due to poor performance of one of its coffee brand – Eight O’ Clock. The company had a net profit of Rs 49.73 crore in...

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Intraday calls for 19-01-12

Posted on: Thursday, January 19th 2012 and is filed under Intraday Tips, Daytrading, Intraday tips for free NSE BSE Breakouts Daily intraday tips calls.

Markets likely to open higher, support for Nifty at 4920 and resistance at 4990 Sell United Spirits on rise around 656, Target: 642, SL 666 – (book profit at 641) 2.56pm – Buy Onmobile at 76, target: 81. Stoploss: 73 (1-2 day hold) ...

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Intraday calls for 18-01-12

Posted on: Wednesday, January 18th 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 at 5060 Buy HCL Tech at 425, Target: 432, SL 420 – (sl triggered) Sell LIC Housing at 250, Target: 245, SL 253 – (Book profit in LIC housing at 245-245.50) 10.19pm – Book profit in Ranbaxy at 457 ...

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Foreign airlines get all-clear signal on FDI

Posted on: Wednesday, January 18th 2012 and is filed under Market News.

A key group of ministers on Tuesday reached a consensus on allowing foreign airlines to buy up to 49 per cent stake in Indian carriers. Foreign carriers are not currently allowed to directly or indirectly make any investment in Indian carriers. “We have reached a consensus on allowing ...

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Intraday calls for 17-01-12

Posted on: Tuesday, January 17th 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 4780 and resistance at 4900. Buy Tata Global Beverage at 98.50, target: 102.50. Stoploss: 95 – (exit tata global at 97 in intraday, if one can hold for few days, continue to hold. has strong support at 95 levels, likely to test ...

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Asian shares steady as China data eyed; Europe worries weigh

Posted on: Tuesday, January 17th 2012 and is filed under Market News.

TOKYO: Asian shares inched higher and the euro stayed above a 17-month trough on Tuesday as investors focused on economic data from China to gauge the impact of the euro zone debt crisis on global growth. MSCI’s broadest index of Asia Pacific shares outside Japan was up 0.3 percent...

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December inflation at two-year low of 7.47%

Posted on: Monday, January 16th 2012 and is filed under Market News.

Headline inflation fell to a two-year low of 7.47% in December 2011 on cheaper food items, a factor which may prompt the Reserve Bank to cut policy rates in the upcoming review. Headline inflation, as measured by Wholesale Price Index (WPI), had stood at 9.11% in November. It was 9.45% i...

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