Quotes with Resistance & Support
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Intraday calls for 03-02-10

Markets likely to see a slightly higher opening. Support for nifty is at 4800 & resistance at 4970. Buy McDowell Holdings Ltd above 96.90 target: 100. Stoploss: 95. (hold it for 1-2 days for a target of 104) 9.25am – buy micro inks at 629 target 645. stoploss: 619 – (Bo...

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Markets remain listless

Posted on: Tuesday, February 2nd 2010 and is filed under Market News.

The benchmark indices have been trading in a listless manner in the past one hour. The Sensex is at 16,399, up 43 points, and the Nifty is at 4,903, up four points. Among the sectoral indices, metal, realty and consumer durables are in the limelight, while banking and power indices are th...

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Intraday calls for 02-02-10

Markets likely to see a positive opening. Support for nifty is at 4800 and resistance at 4970. Buy Rajesh Exports Ltd at 99.45, target: 104. Stoploss: 97.50 Buy Polyplex Corporation Ltd at 211.85, target: 222. Stoploss: 207. 9.33am – buy JSW Steel at 1028 target 1048. Stoploss: 1...

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Leyland sees 450% surge in net profit

Posted on: Monday, February 1st 2010 and is filed under Market News.

Ashok Leyland, the commercial vehicle maker, has reported a 450 per cent increase in net profit for the quarter ended December 31, at Rs 104.6 crore as against Rs 18.9 crore for the corresponding period in the last financial year. Sales revenue was up 81 per cent to Rs 1,815.5 crore from...

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Intraday calls for 01-02-10

Markets likely to see a weak opening. Nifty has support at 4800 and resistance at 4970. Buy Bank of Baroda at 563-570, target: 583. Stoploss: 557. 10.08am – buy Titan industries at 1625 target 1645. stoploss: 1605-1610. – (book profits at 1645) 10.21am – buy bharat pe...

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Economy grows at 5.7 pct pace, fastest since 2003 – Wall Street

Posted on: Saturday, January 30th 2010 and is filed under Market News.

Economy grows for 2nd straight quarter at better-than-expected 5.7 pct rate, best since 2003 Christopher S. Rugaber, AP Economics Writer, On Friday January 29, 2010, 1:29 pm WASHINGTON (AP) — The economy’s faster-than-expected growth at the end of last year, fueled by comp...

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Intraday calls for 29-01-10

Markets likely to see a weak opening.. If markets show recovery later during the day, buy: Sintex Industries update: 11.15pm – CRR has been hiked by 75 bps to 5.75% versus 5% while the Repo Rate and Reverse Repo Rate have been left unchanged – News is not as expected by mar...

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No more tax breaks to firms that outsource: Obama

Posted on: Friday, January 29th 2010 and is filed under Market News.

Washington: US President Barack Obama today said it was time to end tax breaks to American firms that farm out jobs overseas and help those who create employment within the country, but acknowledged that this alone would not compensate for the seven million jobs lost over last two years. ...

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Intraday calls for 28-01-10

Markets likely to see a positive opening. Support for nifty is at 4820 and resistance at 4950 Buy Mcleod Russel India Ltd at 227.15, target: 238. Stoploss: 221 9.25am – buy koutons at 399 target 408 sl 392 – (Book profits at 425) 12.19am – buy zylog systems at 322 tar...

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Fed keeps rates steady, tone brighter – Wall Street

Posted on: Thursday, January 28th 2010 and is filed under Market News.

By Mark Felsenthal and Pedro da Costa WASHINGTON (Reuters) – The Federal Reserve voiced a cautious note of optimism on the U.S. economy on Wednesday as it stuck to its pledge to keep interest rates near zero for a while to ensure a sustainable recovery. The policy statement reflec...

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