Quotes with Resistance & Support
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Clean audit boosts Idea Cellular

Posted on: Friday, March 19th 2010 and is filed under Market News.

Idea Cellular has moved ahead as the government-appointed special auditors found no major accounting discrepancy in its balance-sheet. The stock is trading at Rs 65, higher by Rs 1 or 2.1%, on the BSE. According to sources, the auditors did not find any major diversion of revenues that m...

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S&P ups India outlook to stable from negative

Posted on: Friday, March 19th 2010 and is filed under Market News.

Standard & Poor’s (S&P) Ratings Services today said that it revised the outlook on India to stable from negative. At the same time, we affirmed the ‘BBB-‘ long-term and ‘A-3′ short-term sovereign credit ratings on India. The revision in outlook ref...

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Intraday calls for 18-03-10

Markets likely to see a flat opening. Support for nifty is at 5160 and resistance at 5280. Buy Era Infra Engineering at 220.80, target: 228. Stoploss: 216. – (hold it with with sl at 219) Trade in small quantities. ...

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Persistent Systems Limited (PSL) – Details

Posted on: Wednesday, March 17th 2010 and is filed under IPO Views.

Persistent Systems Limited (PSL) is one of the market leaders in Outsourced software Product Development (OPD) services. It designs, develops and maintains software systems and solutions, create new applications and enhance the functionality of its customers’ existing software products...

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Intraday calls for 17-03-10

Markets likely to see a positive opening. Support for nifty is at 5160 Buy Merck Ltd at 656.40, target: 670. Stoploss: 646. Buy Titagarh Wagons Ltd 330.30, target: 339. Stoploss: 324. 12.21pm – sell hdfc bank at cmp 1816 target 1795. stoploss: 1828. trade in small quantity. (book...

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China, Hong Kong markets to trade on NSE from tomorrow.

Posted on: Wednesday, March 17th 2010 and is filed under Market News.

Hang Seng ETF to list on the National Stock Exchange on Thursday. Indian investors will soon be able to take exposure to Chinese and Hong Kong markets by trading in an exchange-traded fund (ETF) that tracks the Hang Seng index. The Hang Seng Benchmark Exchange Traded Fund (Hang Seng BeES...

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IL&FS Transportation, Pradip Overseas IPOs get huge subscriptions

Posted on: Tuesday, March 16th 2010 and is filed under Market News.

The ongoing initial public offers (IPOs) are witnessing overwhelming response from investors with toll road operator IL&FS Transportation issue subscribed 33 times and home linen maker Pradip Overseas subscribed 14.5 times. On the final day of the issue, IL&FS Transportation re...

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Patent dispute resolution, a booster for Ranbaxy

Posted on: Tuesday, March 16th 2010 and is filed under Market News.

Ranbaxy Laboratories has firmed up after settling a patent dispute with Takeda Pharmaceutical Company regarding a generic version of the Japanese company’s diabetes drug, Actos, in the United States. India’s leading drug maker by sale is trading at the day’s high of Rs 473, stro...

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Intraday calls for 16-03-10

Buy Balrampur Chini mills at 95, target: 100, Stoploss: 93. I will be online by afternoon ...

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No BTST possible today – Stocks bought today (15-03-10) cannot be sold tomorrow (16-03-10)

Posted on: Monday, March 15th 2010 and is filed under Market News.

Kindly note that todays (15-03-10) cash market purchase cannot be sold for delivery tomorrow (16-03-10) due to same day settlement. Therefore no BTST possible ...

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