Quotes with Resistance & Support
Market Information

Retail stocks cheer 100% FDI in single-brand retail

Posted on: Wednesday, January 11th 2012 and is filed under Market News.

Shares of retail companies rallied on the bourses today after the government notified 100% Foreign Direct Investment (FDI) in single-brand retail. Reacting to the news, shares of Kishore Biyani-led Future Group firm Pantaloon Retail (India) surged by 10% to an early high of Rs 161.40, wh...

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Intraday calls for 11-01-12

Markets likely to open flat, Support at 4790 Buy Infosys at 2860, Target: 2890, SL 2845 – (Book profit at 2890) 11.23am – Buy Tata steel at 375, target: 383. Stoploss: 369 – (Book profit in tata steel at 382) 2.00pm – Buy Bank of Baroda at 720, target: 733-736. ...

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U.S. Stocks Advance to Five-Month High

Posted on: Wednesday, January 11th 2012 and is filed under Market News.

U.S. stocks rose, sending the Standard & Poor’s 500 Index to its highest level since July, amid bets that China may act to spur economic growth. All 10 groups in the S&P 500 advanced as financial, commodity and industrial shares had the biggest gains. Bank of America Corp. (B...

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Markets end at one-month high

Posted on: Tuesday, January 10th 2012 and is filed under Market News.

Benchmark share indices gained over 2% on Tuesday to end at one-month highs, on the back of positive cues from Asia and Europe, led by index heavyweight Reliance Industries and financial shares. The markets strengthened further post Moody’s upgraded India’s rating to investmen...

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Intraday calls for 10-01-12

Markets likely to open flat, Nifty has support at 4680 and resistance at 4790. Buy Divis Laboratories at 792, Target: 805, SL 784 11.38am – book profit in hdil at 61.75-62 ...

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BSE, NSE gear up to launch SME trading

Posted on: Tuesday, January 10th 2012 and is filed under Market News.

Exchanges would prefer companies with a sizable fund requirement to start with, say market players. The Bombay Stock Exchange (BSE) and the National Stock Exchange (NSE) are ready to launch trading in the small and medium enterprises (SME) segment and a formal announcement is round the c...

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Intraday calls for 09-01-12

Markets likely to open flat. Support for nifty is at 4690 and resistance at 4785 Buy Shipping Corporation of India at 53.85, target: 56. Stoploss: 52.20. Buy BHEL at 249-251, target: 258. Stoploss: 246 – (book profit at 256) 1.14pm – buy HDIL at 58, target: 62. Stoploss: 5...

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Technical View:: Nifty, DLF, Infosys, UTV Software & Delta Corp

Posted on: Monday, January 9th 2012 and is filed under Techinicals Breakouts NSE BSE.

Click on chart to enlarge. Nifty: Nifty is now at a point from where it could break on either sides. It has strong resistance at 4780-4800 levels and last 3 times it tried to cross it, it witnessed quite a bit of selling pressure. Since then it has been moving in a small range of 4700-4...

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A week into the new year, market analysts have changed their tune about the markets

Posted on: Sunday, January 8th 2012 and is filed under Market News.

A week into the new year, market analysts have changed their tune about the markets. The sombre mood in December is giving way to an optimistic outlook. Despite the risks, Credit Suisse has upgraded India to neutral from underweight. Analysts say a combination of domestic and global fact...

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Intraday calls for 07-01-12

Markets likely to open a bit lower. Support for nifty is at 4700 and resistance at 4810. Buy UTV Software above 1031, target: 1050-1055. Stoploss: 1017 ...

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