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Govt plans to divest 10% in IOC and 5% in ONGC

Posted on: Wednesday, October 13th 2010 and is filed under Stock News.

The government is set to divest 10 per cent of its stake in Indian Oil Corporation, while 5 per cent in Oil and Natural Gas Corporation next year, a senior official said today. “The government plans to sell 5 per cent stake in ONGC and 10 per cent in IOC. We are yet to appoint a ba...

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Intraday calls for 13-10-10

Posted on: Wednesday, October 13th 2010 and is filed under Intraday Tips, Daytrading, Intraday tips for free NSE BSE Breakouts Daily intraday tips calls.

Markets likely to open flat. Buy TCS at 951, Target: 962, SL 944 – (book profits at 964) Trade in small quantities 12.02pm – buy gail at cmp 506.50 for 1-2 weeks. target 520-525. stoploss: 490 ...

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ChartInk Lauches Point and Figure Charts

Posted on: Tuesday, October 12th 2010 and is filed under Announcements.

ChartInk, Technical charts provider for Indian Markets, has just launched India’s first Point and Figure Charts on the Web. They are the oldest Charts used by Technical Analyst Point and figure is a charting technique, is used to attempt to predict...

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Govt fixes Coal India IPO price band at Rs 225-245/share

Posted on: Tuesday, October 12th 2010 and is filed under Press Releases.

The government today fixed the price band of Coal India’s (CIL) initial public offer (IPO), billed as country’s largest, at Rs 225 to Rs 245 a share — a range which could help it raise over Rs 15,000 crore if the next week’s public offer is subscribed fully. The d...

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Intraday calls for 12-10-10

Posted on: Tuesday, October 12th 2010 and is filed under Intraday Tips, Daytrading, Intraday tips for free NSE BSE Breakouts Daily intraday tips calls.

Markets likely to open slightly lower. Support for Nifty is at 6100 and resistance at 6220. Buy Firstsource Solutions Ltd at 29.70, target: 31. Stoploss: 28.40 Trade in small quantities. ...

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India, China may face economic downturn in coming months: OECD

Posted on: Monday, October 11th 2010 and is filed under Press Releases.

LONDON: India and China, besides some developed countries, may face economic downturn in the coming months, according to an analysis by OECD — a grouping of mostly advanced nations. It also said the global economic growth is slowing down. The latest reading is in contrast to the bu...

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Intraday calls for 11-10-10

Posted on: Monday, October 11th 2010 and is filed under Intraday Tips, Daytrading, Intraday tips for free NSE BSE Breakouts Daily intraday tips calls.

Markets likely to see a gap up opening. Support for Nifty is at 6050 and resistance at 6220 Buy Amar Remedies Ltd at 114.90, target: 119. Stoploss: 110.50 ...

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Stocks Edge Up on Expectations of Fed Move; Dow Hits 11,000 for First Time Since May- Wall Street

Posted on: Saturday, October 9th 2010 and is filed under Market News.

Stocks climb as weak jobs report adds to hopes for Fed action; Dow touches 11,000 Stephen Bernard, AP Business Writer, On Friday October 8, 2010, 2:07 pm NEW YORK (AP) — Stocks rose Friday after another weak report on unemployment added to expectations that the Federal Reserve w...

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Intraday calls for 08-10-10

Posted on: Friday, October 8th 2010 and is filed under Intraday Tips, Daytrading, Intraday tips for free NSE BSE Breakouts Daily intraday tips calls.

Markets likely see a flat opening. Nifty has support at 6110 and resistance at 6180 If markets show weakness later during the day, sell: Infosys Technologies below 3050 Trade in small quantities. ...

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Retail investors are cashing out of stocks

Posted on: Friday, October 8th 2010 and is filed under Market News.

Some of the money pulled out of mutual funds and the secondary market is coming back via public issues. With the benchmark Sensex nearing its January 2008 peak, retail investors are on a selling spree. Mutual funds are facing redemptions from retail investors looking for a profitable exi...

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