Quotes with Resistance & Support
Market Information

Intraday calls for 25-03-10

Markets likely to open slightly lower. Support for nifty is at 5170 and resistance at 5260. If markets show recovery later during the day, buy: Usha Martin Ltd & Greenply Industries Ltd Trade in small quantities. 3.11pm – btst – buy Shiv-Vani oil at cmp 401, target 412....

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Dow ends at 18-month high

Posted on: Wednesday, March 24th 2010 and is filed under Market News.

The US markets rallied on Wednesday, with the Dow closing at 10888, stronger by 102 points, Nasdaq ended at 2415, higher by 19 points and S&P shut shop at 1174, up eight points. The Dow has gained in 10 out of the past 11 sessions and is now, along with S&P, trading at 18-mon...

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Intraday calls for 23-03-10

Markets likely to open slightly positive. Support for nifty is at 5170 and resistance at 5260. Buy Excel Crop Care Ltd at 172.20, target: 178. Stoploss: 169. If markets show weakness later during the day, sell: HDIL – (book profits at 278) ...

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Markets to remain closed on 24th March 2010 (Wednesday)

Posted on: Tuesday, March 23rd 2010 and is filed under Market News.

Markets (NSE/BSE) to remain closed on 24th March 2010 on account of Ram Navmi ...

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U.S. Stocks Stop Global Drop, Dollar Falls & Commodities Recover

Posted on: Tuesday, March 23rd 2010 and is filed under Market News.

The Standard & Poor’s 500 Index rose 0.4 percent to 1,164.25 in New York, as health-care shares climbed after the U.S. House passed legislation to allow uninsured Americans to get medical coverage and analyst upgrade helped chipmakers gain The MSCI World Index of global stocks rose...

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Intraday calls for 22-03-10

Markets likely to see a gap down opening. Support for nifty is at 5150-5170. If markets show recovery later during the day, buy: J B Chemicals & Pharamaceuticals Ltd 10.45am- buy apollo hospital at cmp 742, target 755. stoploss: 732. ...

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Petroleum Secretary hints at price hike again

Posted on: Sunday, March 21st 2010 and is filed under Market News.

The Secretary of Ministry of Petroleum and Natural Gas, Mr S. Sundareshan, on Saturday told a press conference here that “hard decisions are necessary” against the backdrop of volatility in the global crude oil prices. Pointing out that under-recovery (extent of cost uncovered by sel...

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Nifty turns global hot property

Posted on: Saturday, March 20th 2010 and is filed under Market News.

Nifty-based ETFs already available on eight exchanges; CME alliance to push volumes exponentially. The Nifty has gained popularity across time zones, with exchange-traded funds (ETFs) based on it being traded on eight stock exchanges across the globe. This even as the futures and options...

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RBI raises repo, reverse repo

Posted on: Saturday, March 20th 2010 and is filed under Market News.

Surprises market with 25-basis-point rise; banks not to increase rates immediately. The Reserve Bank of India (RBI) today surprised banks and money market players by raising key policy rates 25 basis points. The move, aimed at taming inflation and anchoring inflationary expectations, mar...

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Intraday calls for 19-03-10

Markets likely to see a positive opening. Support for nifty is at 5200 and resistance at 5280. If markets show weakness later during the day, sell: TVS motors. ...

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