Quotes with Resistance & Support
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Intraday calls for 07-01-11

Markets likely to open slightly higher, Strong support for Nifty at 5980, Resistance at 6100 Buy Reliance Industires around 1085, Target: 1105, SL 1070 – (sl triggered) Nifty Index/Future Live Chart with R...

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India Infoline share buyback deferred indefinitely

Posted on: Thursday, January 6th 2011 and is filed under Market News.

MUMBAI (Reuters) – India Infoline said on Thursday its plan to buy back equity shares would not commence from January 6, as announced earlier, pending a regulator approval. The company had said on Dec. 23, its board had approved buying back up to 10 percent of equity at a maximum p...

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Intraday calls for 06-01-11

Markets likely to open flat Sell Alstom Projects at 730, Target: 720, SL 738 – Book profits at 720 1:50pm: Book profits in Nifty 6100 PUT at 123 Nifty Index/Future Live Chart with RSI and MACD – Cli...

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Property prices to rise in a year, then correct: NHB

Posted on: Wednesday, January 5th 2011 and is filed under Press Releases.

Housing regulator, National Housing Bank (NHB), which is awaiting $500 million loan from the World Bank for low cost housing, today said property prices would rise in the next one year, but that would result in correction in these rates in all the metros subsequently. “In the next ...

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Intraday calls for 05-01-11

Markets likely to open slightly lower, Support for Nifty is at 6100 and Resistance at 6180 Buy Cairn buy on dips. with SL near at 336 1.45pm – to hedge longs enter a 6100 put at 94 Nifty Index/Future Live...

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Markets close in the red; Bank Index in Deep Red

Posted on: Tuesday, January 4th 2011 and is filed under Market News.

Putting an end to a volatile session, the markets closed the day in the red. The key benchmark index, Sensex lost 62 points to end at 20,498 and the Nifty shed 11 points at 6,146. In the broader markets, the midcaps shed 0.2% and the smallcaps ended flat at 9,841. In comparison, the Sens...

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Not involved in kickbacks-for-loans scam: DB Realty

Posted on: Tuesday, January 4th 2011 and is filed under Market News.

New Delhi: Real estate firm DB Realty today denied any involvement in the kickbacks-for-loans scam unearthed at LIC Housing Finance, asserting that it followed the rules and is willing to help the CBI in the investigation process. “DB Realty has followed the rule of the law in rais...

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Hero Group executive arrested in Citi fraud

Posted on: Tuesday, January 4th 2011 and is filed under Press Releases.

Police say Sanjay Gupta helped invest Hero funds in scam In a dramatic turn to the multi-crore Citibank financial fraud, the Gurgaon police today arrested Sanjay Gupta, associate vice-president of Hero Corporate Services, on charges of forging documents and criminal conspiracy.Three days...

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Intraday calls for 04-01-11

Markets likely to open slightly higher. Resistance for nifty is at 6180 and support at 6100. Buy Kalyani steels at 115, target: 121, SL 111 Nifty Index/Future Live Chart with RSI and MACD – Click to view
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MOIL to replace Koutons in BSE 500

Posted on: Monday, January 3rd 2011 and is filed under Stock News.

The Bombay Stock Exchange said on Monday it has added MOIL Ltd and Jubilant Lifesciences to the BSE-500 index while removing Gati Ltd and Koutons. It has removed 12 companies from the BSE Mid-Cap index and added 22 companies to it including SKS Microfinance, A2Z Maintenance and ABG Shipy...

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