Quotes with Resistance & Support
Market Information

Intraday calls for 06-07-10

Markets likely to open slightly lower. Support for nifty is at 5200 and resistance at 5280 If markets show recovery later during the day, buy: Gujarat State Petronet Ltd 2.06pm – one reason for quite a few midcaps not doing well today is that BSE Midcap index is near strong resist...

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Rs 130,000,000,000 (13,000 crore) – That’s the cost of Bharat bandh

Posted on: Monday, July 5th 2010 and is filed under Market News.

Stating that the Bharat bandh called by the Opposition against fuel price hike has cost the economy around Rs 13,000 crore (Rs 130 billion), the industry on Monday said the protest is “odd and absurd”. “It (bandh) is not justified at all. Political parties interfering a...

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World stocks steady amid worries over US recovery

Posted on: Monday, July 5th 2010 and is filed under Market News.

arlo Piovano, Associated Press Writer, On Monday July 5, 2010, 8:20 am EDT LONDON (AP) — World stocks were steady Monday amid worries that the economic recovery in the U.S. will slow down, with trading light as Wall Street was due to remain closed for the Independence Day long week...

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BUY BHARTIARTL – Achieved

Posted on: Monday, July 5th 2010 and is filed under Swing Calls.

BUY BHARTIARTL CMP 267, TARGET: 276-278, SL 261 Target Achieved Call given by Kartik ...

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Intraday calls for 05-07-10

Markets likely to open slightly lower. Support for nifty is at 5200. If markets show recovery later during the day, buy: Torrent Power. – (book profits at 370) 10.30am – buy Canara bank at 456, target: 463. Stoploss: 450. ...

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RNRL : RPOWER merge, swap ratio 4:1

Posted on: Sunday, July 4th 2010 and is filed under Stock News.

The boards of two Anil Ambani-led power majors, Reliance Natural Resources and Reliance Power, on Sunday approved the merger of the two companies in a 4:1 share swap ratio. RNRL shareholders will get one Reliance Power shares for every four held. However, the exchange ratio will be based...

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Hindustan Media fixes IPO price band at Rs 162-175

Posted on: Sunday, July 4th 2010 and is filed under Press Releases.

New Delhi: Hindustan Media Ventures Ltd, publisher of Hindi daily Hindustan, has fixed the price band of its initial public offer (IPO) at Rs 162-175 a share. The IPO, through which the media house plans to raise up to Rs 270 crore, will open on July 5 and close on July 7. The company i...

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General Motors to file $20-billion IPO

Posted on: Sunday, July 4th 2010 and is filed under Press Releases.

In talks with banks to secure a $5-billion credit line General Motors Co plans to file its nearly $20-billion initial public offering (IPO) in mid-August, a source familiar with the situation said on Friday, later than some expected as bankers work to help sort out the auto maker’s fin...

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Worldwide economies failing to gain traction

Posted on: Friday, July 2nd 2010 and is filed under Market Outlook.

Economies worldwide have been failing to recover, after the Greece and Europe debt issues, now comes the lowest employment by private companies in U.S, it fell for the first time this year as thousands of temporary census jobs ended. Private hiring rose 83,000 after increasing only 33,00...

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Intraday calls for 02-07-10

Markets are likely to trade flat today, strong support at 5180 Buy Ranbaxy Laboratories at 460, Target: 468, SL 453 ...

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