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Share prices highly overbought: Tuesday Closing Report

Posted on: Wednesday, March 30th 2011 and is filed under Market News.

The real test for the market will be after Thursday The Sensex opened at 18,950, up seven points from its previous close and the Nifty resumed trade this morning unchanged at 5,687. The benchmarks touched the day’s lows soon after the opening bell, but resumed their upward move on ...

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Intraday calls for 29-03-11

Posted on: Tuesday, March 29th 2011 and is filed under Intraday Tips, Daytrading, Intraday tips for free NSE BSE Breakouts Daily intraday tips calls.

Markets likely to open lower, support for Nifty at 5650, resistance at 5710 Buy Tube Investments on dips 3.18pm – buy M&M at 686, target: 700. Stploss: 675 Nifty Future/Index 1,5,10,15 minute LIVE Charts with ...

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Retail investors expect moderate bull ride

Posted on: Tuesday, March 29th 2011 and is filed under Market News.

A majority of retail investors expect the Bombay Stock Exchange (BSE) benchmark, the Sensex, to cross the 22,000 level during calendar year 2011, showed a Morgan Stanley survey, released on Monday. Conducted among 600 urban equity investors, with an average annual income of $13,500 (abou...

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Reliance Industries enters financial services business

Posted on: Monday, March 28th 2011 and is filed under Market News.

Sets up joint venture with D E Shaw Reliance Industries (RIL) Chairman Mukesh Ambani has finally entered the financial services space. This comes just days before the Reserve Bank of India is expected to announce the draft guidelines for entry of new banks. RIL today set up a joint vent...

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Intraday calls for 28-03-11

Posted on: Monday, March 28th 2011 and is filed under Intraday Tips, Daytrading, Intraday tips for free NSE BSE Breakouts Daily intraday tips calls.

Markets likely to open flat. Support for nifty is at 5600 and resistance at 5760. Buy Bank of Baroda at 927, target: 938-940. Stoploss: 918 – (book profit at 938) book profit in LIC housing at 212 (Friday’s call) 10.02 am – buy Delta corp at 75.50 target 77.50-78. st...

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Japan nuclear crisis: Radiation spike report ‘mistaken’

Posted on: Sunday, March 27th 2011 and is filed under Market News.

The BBC’s Mark Worthington says many people in Japan are becoming increasingly concerned about what is going to happen in the future The operators of a stricken Japanese nuclear plant have apologised for a “mistake” in reporting a radiation spike 10 million times above ...

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Japan nuclear: Radioactivity 10 million times higher than the usual level

Posted on: Sunday, March 27th 2011 and is filed under Market News.

Radioactivity in water at reactor 2 at the quake-damaged Fukushima nuclear plant has reached 10 million times the usual level, company officials say. Workers trying to cool the reactor core to avoid a meltdown have been evacuated. Earlier, Japan’s nuclear agency said that levels o...

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Markets continue winning streak

Posted on: Friday, March 25th 2011 and is filed under Market News.

Markets gained smartly in late-noon trades on the back of all-round buying. A positive closing for Asian markets and reports that the government has tabled some key reform bills in the Parliament this week, helped the index to end in the positive for the fourth straight day. The marke...

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Intraday calls for 25-03-11

Posted on: Friday, March 25th 2011 and is filed under Intraday Tips, Daytrading, Intraday tips for free NSE BSE Breakouts Daily intraday tips calls.

Markets likely to open higher,Support for Nifty is at 5480 and resistance at 5550 Buy Ashok Leyland around 56.50, Target: 59, SL 54 11.05am – buy LIC housing finance at 205, target: 211. Stoploss: 200 (1-2 days) Ni...

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Arbitrage funds lose sheen – Investors pull out money for higher yields in debt schemes.

Posted on: Friday, March 25th 2011 and is filed under Market News.

Arbitrage funds lose sheen Mehul Shah / Mumbai March 25, 2011, 0:10 IST Investors pull out money for higher yields in debt schemes. Arbitrage funds, seen as an alternative to debt funds, have seen a 75 per cent drop in their assets in the current financial year after...

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