Quotes with Resistance & Support
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R-Infratel, GTL approve Rs 50,000-cr deal

Posted on: Sunday, June 27th 2010 and is filed under Market News.

Anil Ambani group today announced a Rs 50,000-cr deal to merge its telecom tower business with GTL infrastructure, a move that would help RCom cut down its debts by more than half. The Boards of RCom, its subsidiary Reliance Infratel Ltd. And GTL Infrastructure today in-principle approve...

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Govt frees petrol, diesel prices

Posted on: Saturday, June 26th 2010 and is filed under Market News.

Petrol costlier by Rs 3.50; Diesel up by Rs 2; LPG cylinder to cost Rs 35 more It was all stitched up at a one-on-one meeting between Prime Minister Manmohan Singh and Finance Minister Pranab Mukherjee last week. Once the decision was taken, the Minister for Petroleum and Natural Gas Mur...

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Intraday calls for 25-06-2010

Markets likely to see a flat opening. Support for nifty is at 5290 and resistance at 5350 Buy Apollo Hospitals Enterprise Ltd at 807.90, target: 822. Stoploss: 794 If markets show weakness later during the day, sell: ICICI bank. ...

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7 Lessons the World Cup Offers on the Stock Market

Posted on: Thursday, June 24th 2010 and is filed under Market News.

You can learn a lot from watching the World Cup — and not just about soccer. As I’ve tuned into the games I’ve started to realize how many ways it’s just like the stock market — and how it can actually teach you a useful thing or two about making money. Don&...

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Intraday calls for 24-06-10

Markets likely to open flat.. Nifty has support at 5290 and resistance at 5340 If markets show recovery later during the day, buy: Vijaya bank with sl at 62.50 and Kopran on dips with sl at 36 ...

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Germany could cause euro collapse: George Soros

Posted on: Wednesday, June 23rd 2010 and is filed under Market News.

BERLIN: Billionaire investor George Soros warned on Wednesday that the euro could fail and that what he termed “dangerous” policy decisions in Berlin could destabilise the entire European continent. “Unfortunately, a collapse of the euro and the European project cannot ...

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Intraday calls for 23-06-10

Markets likely to see a lower opening. Support for nifty is at 5250 and resistance at 5340 If markets see some recovery later during the day, buy: Xpro India with sl at 39.50 Trade in small quantity ...

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Technofab Engg fixes IPO price band at Rs 230-240

Posted on: Tuesday, June 22nd 2010 and is filed under IPO Views.

Technofab Engineering, a power, oil and gas and industrial projects contractor, today said it plans to raise around Rs 69 crore through its IPO, the price band for which has been fixed at Rs 230-240. The initial public offer (IPO) will open for subscription on June 29 and close on July 2...

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Profit booking seeks in..

Posted on: Tuesday, June 22nd 2010 and is filed under Market News.

Markets today ended in red, nifty closed 36 points down at 5316 and Sensex lost 126 points, making a close at 17749. The Metals, IT and the Telecom stocks witnessed profit booking. Even the Mid-Cap and the Small-Cap stocks saw some offloading. Selling was not only seen in India but also ...

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Intraday calls for 22-06-10

Markets likely to trade weak, strong support at 5250 On dips by : Torrent Pharma Trade in small quantities. ...

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