Quotes with Resistance & Support
Market Information

Intraday calls for 09-06-11

Markets likely to open flat, Nifty has support at 5490 and resistance at 5610 Buy GMDC at 150, Target: 156, SL 146 1.06pm – buy 5600 call at 58, target: 70. Stoploss: 5505 ...

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Havells India – Technical vew – Target hit!!

Posted on: Wednesday, June 8th 2011 and is filed under Market News, Market Outlook, Techinicals Breakouts NSE BSE.

Havells had corrected from 415 to 295 levels from Nov’2010 to Feb’2010. It tried to cross resistance at 415 levels couple of times but was unable to do so in the past. This time around it managed to close above strong resistance of 420 and is holding onto it. Technically it ca...

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Glenmark Pharma – Technical view – Target hit!!

Posted on: Wednesday, June 8th 2011 and is filed under Market News, Techinicals Breakouts NSE BSE.

Glenmark gave a breakout above 308 levels. managed to cross strong resistance at 306-308 levels and also bounced crossing resistance of 200dma and 500dma.if continues to hold onto 308 levels, it can head upto 323 in coming days. ...

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Remain bullish on long-term growth, Pranab tells FIIs

Posted on: Wednesday, June 8th 2011 and is filed under Market News.

With high inflation and rising oil prices casting a shadow on India’s growth story, Finance Minister Pranab Mukherjee on Tuesday asked institutional investors, including foreign entities, to remain bullish on the long-term growth trajectory driven by next generation reforms. In a meeti...

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Intraday calls for 08-06-11

Markets likely to open flat, Resistance for Nifty at 5615 and Support at 5490 Buy Glenmark Pharma at 313, Target: 318-320, SL 308 ...

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Intraday calls for 07-06-11

Markets likely to open lower. Support for nifty is at 5480. Sell Aurobindo Pharma around 173.50, Target: 168, SL 178 (sl triggered) 2.15pm – buy havells at 426, target: 438-440. Stoploss: 415. (1-2 day hold) trade in small quantity ...

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Action against Ramdev unavoidable: PM

Posted on: Tuesday, June 7th 2011 and is filed under Market News.

Prime Minister Manmohan Singh today said police action against yoga guru Ramdev’s supporters was “unfortunate but unavoidable”. He said his government was fighting corruption but had no magic wand to end it. As the United Progressive Alliance (UPA) government tried to reclaim the p...

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Intraday calls for 06-06-11

Markets likely to open lower. Support for nifty is at 5490. If markets show recovery later during the day, buy: Punj Lloyd ...

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Market to stay cautious ahead of govt meet on fuel prices

Posted on: Monday, June 6th 2011 and is filed under Market News.

The stock market may witness continued buying, but the overall mood will remain cautious as the government may decide on raising fuel prices this week, say experts. “We expect continued buying in the market after the end of the fourth quarter results. The most positive factor is the pr...

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RIL to be free of debt this year, says Mukesh

Posted on: Saturday, June 4th 2011 and is filed under Market News.

Reliance Industries (RIL), India’s largest private company, will be debt-free this year, Chairman Mukesh Ambani told shareholders at the company’s 37th Annual General Meeting here on Friday. RIL had an outstanding debt of Rs 67,397 crore on March 31 this year and cash and equivalents...

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