Quotes with Resistance & Support
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Intraday calls for 03-12-10

Markets likely to open slightly higher. Resistance for nifty is at 6060 and support at 5950. Buy Bharti Airtel at 346.10, target: 354. Stoploss: 339-340 2.17pm – short term – buy cipla at 369 target: 385-390. stoploss: 353 Read More..
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SBI helps Ispat Industries with fresh money to prevent loan being classified as ‘bad’

Posted on: Friday, December 3rd 2010 and is filed under Market News.

In a brazen attempt at preventing its loan from being classified as a non-performing asset, the State Bank of India has just sanctioned Rs130 crore to Ispat Industres, adjusting Rs30 crore against earlier dues! Yesterday Moneylife wrote how an acute cash crunch has forced Ispat Industrie...

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India, an economic power house: IMF

Posted on: Friday, December 3rd 2010 and is filed under Market News.

MF Managing Director Dominique Strauss-Kahn today described India as a “leading power” and an “economic powerhouse” going by the performance of the economy. “Your result here in terms of economic growth and also in terms of inclusive growth are really amazin...

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Intraday calls for 02-12-10

Markets likely to open gap up, next resistance at 6080 Buy Glenmark Pharma at 363, Target: 368-370, SL 358 – (Book profits around 375) 12.00pm – buy sesa goa 300 put at 12.80 target: 16. Stoploss: 308-309 – (continue to hold till tomorrow) Read More..
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Stocks Rally on Speculation IMF to Expand Europe Bailout

Posted on: Thursday, December 2nd 2010 and is filed under Market News.

Stocks jumped, sending the Standard & Poor’s 500 Index toward its biggest gain in two months, amid improving data on the American and Chinese economies and speculation of a larger effort to end Europe’s debt crisis. The S&P 500 gained 2.1 percent, the most on a closing basi...

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FII Nov inflows at $4.78 bn; touch record $39 bn in 2010

Posted on: Wednesday, December 1st 2010 and is filed under Market News.

Mirroring their faith on the Indian economy, overseas funds have infused a staggering $4.78 billion in the capital market in November, taking the year-to-date total to $39 billion. With an investment of $4.78 billion in November, the total inflows of foreign institutional investors (FIIs...

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Intraday calls for 01-12-10

Markets likely to open flat. Support for nifty is at 5830 and resistance higher at 5960. Buy Hero Honda at 1980, target: 2005. Stoploss: 1955 – (book profits in Hero honda at 2005) 10.44am – buy Indusind bank at 299.80 target: 307. Stoploss: 293 Read More..
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Q&A: Anil Arjun, CEO, Reliance MediaWorks

Posted on: Wednesday, December 1st 2010 and is filed under Market News.

Reliance MediaWorks (RMW) started in film processing with a small presence in the exhibition space after it took over Adlabs in 2005. Today, it runs the country’s largest multiplex chain and has presence in film services such as visual effects, film restoration, digital mastering studio...

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GDP at 8.9% – Beats market expectations

Posted on: Tuesday, November 30th 2010 and is filed under Market News.

GDP data released today was at 8.9% vs. market expectation of 8.3% ...

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Intraday calls for 30-11-10

Markets likely to open lower. Support for nifty is at 5750 and resistance at 5860 Buy Jindal Steel and Power around 615-620 with stoploss at 600 – (book profits at 631) 12.06pm – buy tata motors 1200 call at 48, target: 55. Stoploss: 1165 – (book profits at 61) 12.59p...

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