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Intraday calls for 16-01-12

Posted on: Monday, January 16th 2012 and is filed under Intraday Tips, Daytrading, Intraday tips for free NSE BSE Breakouts Daily intraday tips calls.

Markets likely to open a bit lower. Support for nifty is at 4780 and resistance at 4880. Buy ITC at 206-207, target: 212. Stoploss: 203 – (book profit in itc at 209.50) Trade in small quantity 10.23am – SL Triggered in LT ...

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S&P Hammers Europe – Downgrades nine euro zone countries

Posted on: Saturday, January 14th 2012 and is filed under Market News.

By Matthias Sobolewski and Dina Kyriakidou BERLIN/ATHENS (Reuters) – Standard & Poor’s downgraded the credit ratings of nine euro- zone countries, stripping France and Austria of their coveted triple-A status but not EU paymaster Germany, in a Black Friday the 13th for t...

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Debt talks falter, Greeks warn of disaster

Posted on: Saturday, January 14th 2012 and is filed under Market News.

By Dina Kyriakidou ATHENS (Reuters) – Talks between Greece and its creditor banks to slash the country’s towering debt pile broke down on Friday, with the Greeks warning of “catastrophic” results if a deal to swap bonds is not reached soon. The sides remain divid...

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Technical View:: Nifty, JSW steel, Axis bank, Patel Eng & Bank of India

Posted on: Friday, January 13th 2012 and is filed under Techinicals Breakouts NSE BSE.

Nifty: Nifty does look good. Now has strong support at 4780-4800 levels. Technically seems could head upto 4950 in coming days. If breaks strong support at 4780, selling pressure is likely to resume again which may take nifty lower to 4650 Axis bank: Axis bank has recovered quite a bi...

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JPMorgan earnings miss, Europe drag stocks lower

Posted on: Friday, January 13th 2012 and is filed under Market News.

NEW YORK (AP) — Stocks are lower in early trading after earnings fell at JPMorgan Chase, the country’s largest bank, and reports swirled that European governments may get their ratings cut soon. The Dow Jones industrial average fell 154 points to 12,317 in the first hour of t...

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Morgan Stanley downgrades RIL to ‘underweight’

Posted on: Friday, January 13th 2012 and is filed under Market News.

Morgan Stanley has downgraded Reliance Industries (RIL) to ‘underweight’ from ‘equalweight’, saying it expects the energy major’s gross refining margins, exploration and production volumes to fall. The bank cut its price target for the company to Rs 650 from...

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Intraday calls for 13-01-12

Posted on: Friday, January 13th 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 4870. Buy Balrampur Chini around 41, Target: 44, SL 39.50 Buy Cairn at 328, Target: 335, SL 323 – (book profits at 335) 2:27pm: Buy LT as BTST at 1168 for a target of 1190, SL 1150 ...

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European Stocks Climb After Spain Sells Bonds

Posted on: Thursday, January 12th 2012 and is filed under Market News.

European (SXXP) stocks advanced after Spain and Italy sold debt at lower borrowing costs, signaling continued investor appetite for euro-area securities. U.S. index futures climbed, while Asian shares retreated. Royal Bank of Scotland Group Plc rose 7.4 percent after announcing job cuts....

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Infosys shares fall 6% on reduced dollar guidance

Posted on: Thursday, January 12th 2012 and is filed under Market News.

Shares of Infosys Technologies fell 6.28% in the opening trades on Thursday, after the IT and software services company cut its dollar revenue growth guidance for the fiscal year to March due to the debt crisis in Europe, its second-biggest market. The Infosys results weighed on the mark...

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