Quotes with Resistance & Support
Market Information

Vishal sale no reflection on retail growth

Posted on: Monday, April 11th 2011 and is filed under Market News.

Consolidation likely strategy, but not because sector isn’t expanding: Experts Consolidation is the way forward for the Indian retail industry, but not through distress sale, say experts and analysts tracking the sector. The consolidation talk has gained momentum following the recent...

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Govt accepts demands, Hazare to end fast

Posted on: Saturday, April 9th 2011 and is filed under Market News.

Taking note of the swelling support for the Anna Hazare-led campaign for a tougher Jan Lokpal Bill, the UPA government on Friday agreed to issue an order for setting up a committee comprising civil society and elected representatives to draft the law. The decision was taken after the gov...

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Anna Hazare to end fast tomorrow

Posted on: Friday, April 8th 2011 and is filed under Press Releases.

New Delhi: Veteran social activist and Gandhian Anna Hazare on Friday said that he will end his fast on Saturday at 10 am. “People of India should see this as their victory,” said Hazare. A five-member Lokpal panel was announced on Friday – Anna Hazare, Shanti Bhushan ...

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Intraday calls for 08-04-11

Markets likely to see a flat opening. Nifty has support at 5860 and resistance at 5940 Buy EID Parry (India) Ltd at 227.20, target: 235. Stoploss: 221 – (exit from EID parry at 223.50-224) 9.15am – book profit in Koutons (BTST) at 40.50-41 Trade in small quantities
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7.4 magnitude quake shakes northeastern Japan – Tsunami warning lifted, no reports of damage or injuries

Posted on: Friday, April 8th 2011 and is filed under Market News.

A strong earthquake of magnitude 7.4 shook the northeast of Japan late on Thursday, and all tsunami alerts have been lifted for the coast already devastated by last month’s massive quake and the tsunami that crippled a nuclear power plant. No damage from Thursday’s quake was ...

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Intraday calls for 07-04-11

Markets likely to see a flat opening. Support for nifty is at 5860 and resistance at 5940. Buy Talwalkars Better value Fitness Ltd at 237.55, target: 244. Stoploss: 231 – ( Book profit in Talwakars at 244) 2.00pm – buy Koutons Retail at 37.90, target: 40.50-41, Stoploss:36 (...

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Portugal seeks bailout, Europe debt crisis spreads

Posted on: Thursday, April 7th 2011 and is filed under Market News.

Portugal seeks bailout and becomes 3rd victim of Europe debt crisis Barry Hatton and Alan Clendenning, Associated Press, On Wednesday April 6, 2011, 8:30 pm EDT LISBON, Portugal (AP) — Portugal asked for a bailout Wednesday to relieve its crushing debt, joining Greece and Ireland...

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Asian economic recovery solid but inflation a risk

Posted on: Wednesday, April 6th 2011 and is filed under Market News.

Asia’s developing economies are expected to grow by just under 8% in 2011, according to the Asian Development Bank (ADB) In its annual Asian Development Outlook it predicted that the region would expand solidly over the next two years. However, growth rates would be slower than in...

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Intraday calls for 06-04-11

Markets likely to open flat. Resistance for nifty is at 5930 Buy Satyam Computer Services Ltd at 70.60, target: 73.50. Stoploss: 68.50 – (book profit at 73.60) Buy Deccan Chronicle Holdings Ltd at 85.45, target: 88. Stoploss: 82.80 – (book profit at 88.80) 9.34am – Bo...

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Honda completes exit from Hero Honda

Posted on: Wednesday, April 6th 2011 and is filed under Market News.

Bringing an end to the 26-year-old partnership between the Hero Group and Honda Motor Corporation (HMC), Hero Honda on Tuesday said the Japanese auto maker has exited the company completely after selling its 26 per cent stake to a group firm of the Indian promoter family. Under the new s...

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