Quotes with Resistance & Support
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Intraday calls for 15-06-11

Markets likely to open flat, Support for nifty is at 5450 and resistance at 5540 Buy Bajaj Auto at 1372, Target: 1388, SL 1360 11.11am – Technical call on MRPL has been posted. Short term target: 86 ...

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Vietnam’s Prime Minister has issued a decree about a potential military call-up, amid rising tension with China.

Posted on: Tuesday, June 14th 2011 and is filed under Market News.

The decree outlines who would be exempt from military draft if war broke out. Vietnam has conducted live-ammunition exercises in the sea adjacent to the waters it disputes with China. The area is thought to be rich in natural resources, and Hanoi has accused Beijing of harassing its oil...

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Intraday calls for 14-06-11

Markets likely to open flat, Support for nifty is at 5450 and resistance at 5540 Buy Godrej Consumer at 438, Target: 448, SL 430 ...

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Online auction showers Coal India with profit

Posted on: Tuesday, June 14th 2011 and is filed under Market News.

What was introduced by the government five years back as a tool to help coal consumers in the small non-core sector, has turned out to be a cushion for the largest coal producer in the world against flat production. The contribution of spot sales of coal or e-auction, to Coal India’s o...

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Intraday calls for 13-06-11

Markets likely to open a bit lower. Support for nifty is at 5450 and resistance at 5540 If markets show recovery later during the day, buy: Raymond Ltd ...

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Markets hope for some rate relief after Thursday’s policy

Posted on: Monday, June 13th 2011 and is filed under Market News.

The market has already factored in a 25 basis points (bps) increase in key policy rates on Thursday, when the Reserve Bank of India (RBI) announces its mid-quarter review of the monetary policy. But with interest rates already shooting through the roof, bankers expect RBI to press the pa...

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Silver, gold reacts downward on global cues

Posted on: Saturday, June 11th 2011 and is filed under Market News.

Silver prices reacted downwards at the domestic bullion market today on hectic speculative and stockist sell-off impacted by bearish global sentiment. Gold also declined on fresh stockist offering in a lacklustre activity on the back of poor local buying interest. Silver ready (.999 fin...

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May auto sales hit speed breaker, at 20-month low

Posted on: Friday, June 10th 2011 and is filed under Market News.

Rise in fuel costs and increase in interest rate crimp domestic demand. Domestic auto sales grew at its slowest pace in 20 months in May, industry data showed today, as buyers wary of rising lending rates and fuel prices shunned showrooms. Sales rose 10.6 per cent in the past month to 1...

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Intraday calls for 10-06-11

Markets likely to open flat, Nifty has support at 5490 and resistance at 5610 Buy Idea at 72, Target: 75, SL 70 currently out of town. won’t be able to come online until 4pm. ...

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Asia stocks dip for sixth straight day

Posted on: Thursday, June 9th 2011 and is filed under Market News.

Asian stocks slipped for a sixth straight day on Thursday as investors cut exposure to risky assets on signs the global economy is losing steam, even as oil prices and the high-yielding Australian dollar pushed higher. Early losses in stocks were mild following a dip on Wall Street, with...

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