Quotes with Resistance & Support
Market Information

Intraday calls for 21-01-10

Markets likely to see a weak opening. Support for nifty is at 5150-5170 and resistance at 5250. If markets show recovery later during the day, Buy: Kotak Mahindra Bank Ltd if it holds onto 855-860 levels and Automobile Corporation Of Goa Ltd (BSE) at 267-270 for a target of 282. sl 262 ...

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Stocks fall on China lending curb, IBM outlook – Dow down 200

Posted on: Wednesday, January 20th 2010 and is filed under Market News.

By Rodrigo Campos NEW YORK (Reuters) – U.S. stocks were having their worst day of 2010 on Wednesday as lending restrictions in China worried investors about the global economic recovery, while a conservative outlook from IBM weighed down technology shares. Official media and banki...

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Intraday calls for 20-01-10

Markets likely to see a flat opening. Support for nifty is at 5170 and resistance at 5300. Buy Gammon India Ltd at 257.40, target: 267. Stoploss: 251 Trade in small quantities. 12.30pm – buy redington at 322.50 target 331. stoploss: 317 (trade in small quantities considering mar...

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Dubai’s debt could be as much as $170 bn: report

Posted on: Wednesday, January 20th 2010 and is filed under Market News.

The total debt of cash-strapped Dubai could be as much as $170 billion, much higher than earlier reported, according to a report by EFG-Hermes regional investment bank. “The total debt held by Dubai Inc could well be in the range of $130-170 billion,” the bank said in its 201...

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MTNL keen on acquisitions in Africa: CMD

Posted on: Wednesday, January 20th 2010 and is filed under Market News.

Keen to expand its operations abroad, state-owned telecom operator MTNL today said it is keen on entering Africa either by getting a new licence or buying out an existing operator. “We have already earmarked Rs 500 crore last year for the purpose… But funds are not an issue&#...

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Intraday calls for 19-01-10

Markets likely to see a flat opening. Support for nifty is at 5240 and resistance at 5300. Buy Federal Bank Ltd at 269.65, target: 279. Stoploss: 264. Buy JK Tyre & Industries Ltd at 171.55, target: 176. Stoploss: 168 12.30pm – buy Yes bank for 1-2 days at cmp 281, target 29...

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Vascon Engineers to raise Rs 200 cr via IPO

Posted on: Monday, January 18th 2010 and is filed under IPO Views.

Vascon Engineers Ltd is planning to raise close to Rs 200 cr through an initial public offering (IPO) of 10.8 million shares, according to its top official. The firm will use IPO proceeds to fund ongoing projects and repay debt, but Vasudevan said, he was yet to decide about engaging an...

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BUY HDFC – SL Triggered

Posted on: Monday, January 18th 2010 and is filed under Swing Calls.

Buy HDFC CMP: 2545, Target: 2610-2620, SL 2500 SL Triggered Call given by Kartik ...

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Intraday calls for 18-01-10

Markets likely to see a gap down opening. Nifty has support at 5170 and resistance at 5280. Sell Torrent Power Ltd at 309.60, target: 299. Stoploss: 314. (dont enter at opening -markets not seeing a weak opening) If markets see reco...

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Strong resistance at 5310

Posted on: Sunday, January 17th 2010 and is filed under Market Outlook.

The last week, Nifty ended flat at 5,252 also Sensex manged to close flat at 17,554. The Sensex made a high of 17,777, and a low of 17,276 over the week. India’s inflation stood at 7.31% for December 2009 as compared to 4.78% for the previous month. This could add pressure on the RBI t...

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