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Intraday calls for 24-02-10

Posted on: Wednesday, February 24th 2010 and is filed under Intraday Tips, Daytrading, Intraday tips for free NSE BSE Breakouts Daily intraday tips calls.

Markets likely to see a gap down opening. Support for nifty is at 4800 & resistance at 4930 If markets show recovery later during the day, buy: Ranbaxy & Coromendal International. ...

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Stocks retreat after disappointing consumer report – Wall Street

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

Stocks pull back in afternoon trading after worse-than-expected consumer confidence report By Stephen Bernard, AP Business Writer , On Tuesday February 23, 2010, 2:47 pm NEW YORK (AP) — The stock market pulled back Tuesday after a surprising drop in consumer confidence reminded ...

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Intraday calls for 23-02-10

Posted on: Tuesday, February 23rd 2010 and is filed under Intraday Tips, Daytrading, Intraday tips for free NSE BSE Breakouts Daily intraday tips calls.

Markets likely to see slightly lower opening. Support for nifty is at 4800 and resistance at 4925 Buy Hindustan Dorr-Oliver Ltd at 184-186, target: 192. Stoploss: 182 Short term call: If HDIL holds onto 288-292 levels for some time after opening, buy it for a short term target of 310. S...

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HDIL – Technical View – Bounces back- Target hit!!

Posted on: Tuesday, February 23rd 2010 and is filed under Techinicals Breakouts NSE BSE.

Housing development and infrastructure (HDIL) is nearing its strong support of 288-290. its has formed a triple bottom formation here and if it holds onto 288-290 levels it show a bounce upto...

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Main sectoral expectations from Budget 2010

Posted on: Monday, February 22nd 2010 and is filed under Market News.

Auto * Increase in excise duty by 2%-4%. * Increased allocation under Jawaharlal Nehru National Urban Renewal Mission (JNNURM) for buses * No change in excise duties for large cars Banking and financial services * Interest subventions for pre-shipment credit and short-term crop loan...

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Railway stocks derail on profit taking, drop 5-10%

Posted on: Monday, February 22nd 2010 and is filed under Market News.

Railway stocks today declined in the range of 5-10% each, ahead of the Railway Budget on February 24, due to overall weakness in market coupled with profit taking. Most of these stocks had appreciated between 10-40% in last two weeks. Kernex Microsystems and Kalindee Rail Nirman were fro...

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Shree Renuka sweetens on Brazilian deal

Posted on: Monday, February 22nd 2010 and is filed under Market News.

Shree Renuka Sugars has moved up after buying a controlling stake in a Brazilian sugar firm. The stock is trading at Rs 181, stronger by Rs 1 or 0.7%, on the BSE. The shares had opened at Rs 185 and have touched a high of Rs 187 and a low of Rs 180 thus far. The company has signed an agr...

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NMDC eyes 6 foreign assets; may buy stake in Brazil mine

Posted on: Monday, February 22nd 2010 and is filed under Market News.

PSU firm had earlier entered into pact with Ferrous Group, UK, for developing the mine at an investment of $2.5 bn State-owned NMDC is learnt to be eyeing six overseas properties, including that of UK-based Ferrous Group’s Brazilian mines, in which it may pick up 50 per cent stake...

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Intraday calls for 22-02-10

Posted on: Monday, February 22nd 2010 and is filed under Intraday Tips, Daytrading, Intraday tips for free NSE BSE Breakouts Daily intraday tips calls.

Markets likely to see a gap up opening. Resistance for nifty is at 4970 and support at 4800. Buy BEML Ltd at 1116.40, target: 1138. Stoploss: 1100. Buy ABG Shipyard Ltd at 260.15, target...

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Greece ‘not looking for bailout’, PM George Papandreou tells BBC

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

Greek Prime Minister George Papandreou has told the BBC his country is not looking for an EU bailout to help cut its debt levels effectively. He said Greece needs political support to enable it to borrow money at the same interest rate as other countries. Greece has one of Europe’...

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