Quotes with Resistance & Support
Market Information

Intraday calls for 10-06-10

Markets likely to see a flat opening. Support for nifty is at 4970 and resistance at 5060. On Intraday diips buy Strides Arcolab Ltd with stoploss at 355 and Shree Ashtavinayak Cine Vision Ltd with stoploss at 11.70 Trade in small quantities ...

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Intraday calls for 09-06-10

Markets likely to see a flat opening. Support for nifty is at 4950 and resistance at 5000. If markets show recovery later during the day, buy: Prakash Industries. ...

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Goldman picks up 6pc stake in SpiceJet

Posted on: Tuesday, June 8th 2010 and is filed under Stock News.

MUMBAI: Foreign fund house Goldman Sachs Investment Partners Mauritius on Tuesday picked up 6 per cent stake in the leading low-cost airline SpiceJet by converting the 1.5-crore warrants it has purchased from the airline in December 2008 into equity. The airline has allotted 1.53 crore s...

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Intraday calls for 08-06-10

Markets likely to see a flat opening. Support for nifty is at 5000. Buy Sesa Goa Ltd at 347.35, target: 358. Stoploss: 340. – (continue to hold it for 1-2 days if possible. is near strong support levels and a good bounce is likely soon) Trade in small quantity ...

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Markets likely to struggle further

Posted on: Monday, June 7th 2010 and is filed under Market Outlook.

Markets worldwide are likely to see some more downside in the coming weeks. Euro sank to four-year lows on Monday as stocks and commodities fell after disappointing US jobs data and angst about euro zone debt problems fed fears the world economy may falter in its recovery. Sharp drops in...

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World War II bomb explodes after 65 years

Posted on: Monday, June 7th 2010 and is filed under Market News.

Three bomb disposal experts died after a 1,100-pound World War II bomb they were preparing to defuse exploded in Goettingen, central Germany on June 2, 2010. Six persons were wounded, two of them seriously, in the blast in the central German town of Goettingen, according to German and int...

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Intraday calls for 07-06-10

Markets likely to see a gap down opening. Support for nifty is at 4940. Buy Hindustan Unilever Ltd on dips with stoploss at 244. – (book profits at 252) 12.56pm – buy hcl tech at cmp 374, target: 380. Stoploss: 370. ...

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Chinese Bank unveils world’s ‘biggest’ IPO

Posted on: Saturday, June 5th 2010 and is filed under Press Releases.

The Agricultural Bank of China (ABC) announced its huge dual listing in Shanghai and Hong Kong, which could be the world’s largest-ever initial public offering, says a media report. ABC, the biggest bank in China by customers, plans to sell as many as 22.24 billion A shares in its ...

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Hungary Warns of Greek-Style Crisis

Posted on: Saturday, June 5th 2010 and is filed under Market News.

PRAGUE — Fears that the debt crisis could migrate to central Europe were stirred Friday after a senior Hungarian government official said the previous government had manipulated budget figures and lied about the state of the economy, but most financial experts dismissed the remarks as a...

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Wall St tumbles on jobs data and European worries

Posted on: Saturday, June 5th 2010 and is filed under Market News.

By Leah Schnurr NEW YORK (Reuters) – Stocks sank on Friday after the economy added fewer-than-expected jobs in May, while a possible new debt crisis in Hungary added to the gloom. Data showed the U.S. economy added fewer-than-expected jobs last month, with a large portion of those...

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