Quotes with Resistance & Support
Market Information

Intraday calls for 02-09-11

Markets likely to open lower, Support for Nifty at 4950 and resistance at 5050. Sell Dr.Reddy with sl at 1520. target: 1470 ...

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Food inflation over 10 pc, RBI may hike rates

Posted on: Thursday, September 1st 2011 and is filed under Market News.

New Delhi: After a gap of over five months, food inflation entered the double-digit zone at 10.05 per cent for the week ended August 20, with Finance Minister Pranab Mukherjee describing the trend as “disturbing” and experts saying RBI may go in for another rate hike. The wee...

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Now, a coal scam unearthed in Chhattisgarh, MP

Posted on: Wednesday, August 31st 2011 and is filed under Market News.

New Delhi: CNN-IBN unravels a Bellary-like coal scam in Chattisgarh and Madhya Pradesh, where Prakash Industries, a heavyweight in the mining and steel sector, forged documents to get coal mines allocated in both the states and diverted nearly 50 per cent of coal to the black market. For...

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Markets to remain closed for 2 days

Posted on: Tuesday, August 30th 2011 and is filed under Press Releases.

Markets shall remain closed tomorrow(31-08-11) on account of Ramzan Id, and on Thursday (01-09-11) on account of Shri Ganesh Chaturthi Other holidays of 2011: 11. Dassera – 6th October 2011 – Thursday 12. Diwali Amavasya (Laxmi Puja) – 26th October 2011 – Wednes...

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Markets to remain closed on Wednesday and Thursday (31-08-11 & 01-09-11)

Posted on: Tuesday, August 30th 2011 and is filed under Market News.

Markets to remain closed on Wednesday and Thursday (31-08-11 & 01-09-11) on account of Ramzan Id on 31-08-11 and Shri Ganesh Chaturthi on 01-09-11 ...

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India’s Q1FY12 GDP at 7.7% vs 9.3% (YoY) – Lowest in 6 quarters

Posted on: Tuesday, August 30th 2011 and is filed under Market News.

India’s gross domestic product slowed down to 7.7% in the first (April-June) quarter of fiscal year 2012 as against 9.3% recorded in the same quarter last year. It is the lowest in 6 quarters ...

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Intraday calls for 30-08-11

Markets likely to open higher, Resistance for nifty is at 4960. Buy Axis bank at 1040, Target: 1060, SL 1025 (trade in small quantity) 10.35am- buy Idea at 100, target: 105. Stoploss: 96. (1-2 day hold) ...

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BUY MARUTI

Posted on: Monday, August 29th 2011 and is filed under Swing Calls.

BUY MARUTI at 1095, Target: 1125, SL 1060 Swing calls are for a weeks time ...

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A total of 768 companies had pledged their shares—amounting to a total value of Rs1,536.60 billion—as on June 2011

Posted on: Monday, August 29th 2011 and is filed under Market News.

Pledging shares against debt is a sure recipe for disaster, especially in a falling market. Around 30 companies have actually pledged shares of more than 50% of their paid-up capital. Among the top companies with the highest value of pledged shares were TCS, Adani Power and JP Power—wit...

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Intraday calls for 29-08-11

Markets likely to open higher. Resistance for nifty is at 4840. Buy Hindustan Unilever Ltd at 320, target: 327. Stoploss: 316. Trade in small quantity ...

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