Quotes with Resistance & Support
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Intraday calls for 15-01-10

Markets likely to see a flat opening. Support for nifty is at 5240 and resistance at 5300. Buy Bharat Forge Ltd at 297.85, target: 308. Stoploss: 292. If markets show weakness later during the day, sell: Jindal Steel & Power Ltd ...

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Returns to beat inflation

Posted on: Thursday, January 14th 2010 and is filed under Market News.

With bank FDs offering little, the risk-averse need to check company deposits or even balanced MFs. With inflation on the rise, risk-averse investors who prefer parking their money in bank fixed deposits will soon find themselves in a fix. The returns on offer from banks are now quite l...

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Asian markets gain as China cooling worries ease

Posted on: Thursday, January 14th 2010 and is filed under Market News.

BANGKOK (AP) — Asian stock markets rose Thursday as fears diminished about China’s lending curbs and Australia’s economic recovery showed new signs of gathering momentum. Benchmarks from Tokyo to Seoul gained 1 percent or more while oil inched toward $80 a barrel after ...

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Intraday calls for 14-01-10

Markets likely to see a flat opening. Nifty has support at 5170 resistance at 5250 Buy Bata India at 209.10, target: 219. Stoploss: 204. -(if possible hold it for 1-2 days, likely to do well) Buy Harrison Malayalam at 139.80, target: 145. Stoploss: 136 3.05pm – book profits in ch...

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Intraday calls for 13-01-10

Markets likely to see a weak opening. Support for nifty is at 5150 and resistance at 5250. If markets show recovery later during the day, buy: IVR-Prime Urban Developers Ltd & Che...

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Index may lose 5,200 support

Posted on: Wednesday, January 13th 2010 and is filed under Market News.

The Nifty faced resistance at 5,300 and closed below its nearest support of 5,220, indicating that there is a risk that it may lose its support of 5,200. We had indicated last week that the index might not move above 5,300 and lose its support of 5,200. Now, the Nifty has crucial support ...

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Industrial growth at 2-yr high on durable stimulus

Posted on: Wednesday, January 13th 2010 and is filed under Market News.

Backed by government stimulus measures and a low base effect, growth in industrial output touched a two-year high in November 2009. The index of industrial production (IIP) grew 11.7 per cent, primarily due to growth in manufacturing (12.68 per cent in November as against 2.7 per cent las...

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BUY NIITTECH – Target Achieved

Posted on: Tuesday, January 12th 2010 and is filed under Swing Calls.

Buy NIITTECH Cmp: 180, Target: 192-195, SL: 170 Target Achieved, CMP 192.50 Call given by Kartik ...

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Intraday calls for 12-01-10

Markets likely to open slightly lower. Support for nifty is at 5220 and resistance at 5300. If markets show recovery later during the day, buy: Adhunik Metaliks Ltd with a stoploss at 118 and Read More..
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100% returns = 100% trouble

Posted on: Tuesday, January 12th 2010 and is filed under Market News.

Invest Rs 1 lakh in property or stocks and double it in six months’. Many would have received variants of this SMS in recent months. Many would have even called back the sender, to find there are property or auto or stock schemes which offer such amazing returns. Sadly, while some are ...

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