Quotes with Resistance & Support
Market Information

Sensex rises; RCom up 2% on 3G Launch

Posted on: Tuesday, December 14th 2010 and is filed under Market News.

BSE index closes 0.94 per cent higher at 19,691.78. The Sensex closed 0.9 per cent higher on Monday, helped by firm world equities, but trading remained choppy as ongoing corruption probes kept investor sentiment wary. Reliance Communications gained nearly two per cent after it announce...

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Intraday calls for 14-12-10

Markets likely to see a flat opening. Buy Mphasis ltd at 617, target: 630. Stoploss: 607 I won’t be able to respond to queries since I am out of town and traveling. Will be online by evening ...

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Intraday calls for 13-12-10

Markets likely to see a flat opening. Support for nifty is at 5800. resistance at 5930 Buy BHEL at 2280-2290, target: 2320, Stoploss: 2260 I won’t be able to respond to queries till evening as I am out of town and am traveling. ...

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Six top-10 firms lose over Rs 42,000 cr this week

Posted on: Sunday, December 12th 2010 and is filed under Press Releases.

The combined market capitalisation (m-cap) of six of the country’s top-10 firms went down by Rs 42,791 crore during the past week, with two of the country’s top lenders — SBI and ICICI Bank — bearing the maximum loss. Amid a weak stock market, which fell by 458 po...

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IIP at 10.8% much better than expectations

Posted on: Friday, December 10th 2010 and is filed under Market News.

IIP at 10.8% much better than expectations. Manufacturing output rose by 11.3% in the month under review versus 10.8% in the same month a year earlier. Electricity output expanded by 8.8% versus 4% in October 2009. Mining output growth stood at 6.5% versus 9.1% in the year-ago period. Th...

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Margin pressure buckles markets

Posted on: Friday, December 10th 2010 and is filed under Market News.

A 20-50 per cent fall in several small- and mid-cap stocks over the past week caused severe margin pressure on domestic equity markets today. The result: While the Bombay Stock Exchange (BSE) small- and mid-cap indices dipped 6 per cent and 4.5 per cent, respectively, the Sensitive Index...

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Intraday calls for 10-12-10

Markets likely to open slightly lower. Support for nifty is at 5730. Buy Mahindra & Mahindra ltd on dips near 750-755 with stoploss of 740. – (book profits at 765) IIP data data to be out today Click here to view Nifty ...

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Intraday calls for 09-12-10

Markets likely to open flat Buy ICICI Bank at 1105, Target: 1120-1125, SL 1088 – (book profits at 1120) 11.07am – buy dlf 300 call at 8.75 target: 12. Stoploss 280 – (continue to hold it till tomorrow) ...

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Bank Nifty nears three-month low, down 2%

Posted on: Wednesday, December 8th 2010 and is filed under Market News.

Bank Nifty is trading near its three-month low on back of weakness for the third consecutive day amid concerns of margin pressure on the banks post the deposit rate hikes. The index is down 2% or 192 points at 11,503 at 1100 hours, and is near its three-month low of 11,447 touched on Sept...

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Intraday calls for 08-12-10

Markets likely to open lower, support for Nifty is at 5950 Sell BF Utilities at 770, Target: 750-755, SL 782 – (Book profit at 751) 11.26am – buy 5900 put at 85, target: 100. Stoploss: 5955 (spot) – (Book profits at 100-102) Read More..
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