Quotes with Resistance & Support
Market Information

Great Eastern back to buying ships

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

Plans to use Rs 3,000-cr cash reserve for acquiring assets. Great Eastern (GE) Shipping, India’s largest private sector shipping company, once again plans to acquire ships. This, after selling no less than 15 ships, as well as cancelling orders for three new ships in the last 18 months...

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India Inc to post double digit growth in profit in Q3

Posted on: Monday, January 11th 2010 and is filed under Market News.

India Inc is likely to post 15-20 per cent growth in net profit in the third quarter, thanks to a low base year and a promising show from automobiles, capital goods, construction, metals, pharmaceuticals and sugar companies. The telecom sector, for the first time after several quarters of...

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India asks US not to take action against Satyam

Posted on: Monday, January 11th 2010 and is filed under Market News.

Does not want Satyam shareholders to be punished twice. India has requested authorities in the United States not to take any action against scam-hit Satyam, as it would amount to punishing shareholders of the IT company for a second time. “Sebi has marshalled a request (to US Securiti...

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Range bound trading continues

Posted on: Monday, January 11th 2010 and is filed under Market News.

Support at 5,150, resistance at 5,300. The market hit a new 52-week high in the first full week of trading. But volumes tapered off and prices dropped towards the weekend. The Nifty closed at 5,244.75 points with a gain of 0.8 per cent after climbing to 5,310. The Sensex was up 0.4 per c...

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Intraday calls for 11-01-10

Markets likely to open slightly higher. Resistance for nifty is at 5300 and support at 5230 Buy Nava Bharat Ventures Ltd at 437.35, target: 450. Stoploss: 430 Buy Gujarat Apollo Indu...

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Trading indicates fresh declines in near future

Posted on: Friday, January 8th 2010 and is filed under Market News.

Both Nifty and Sensex on Thursday closed in the red on profit-booking and weak global markets. Automobiles, information technology, realty, healthcare and FMCG (fast moving consumer goods) stocks led the fall. The Nifty, as expected, moved in a narrow range, faced resistance above 5,300, ...

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Consumer confidence in India falls marginally: Survey

Posted on: Friday, January 8th 2010 and is filed under Market News.

Consumer confidence has fallen marginally in India (117 index points), but the country still retains the second spot behind the leader Hong Kong (93), a new Nielsen Global Consumer Confidence survey has stated. The confidence index is measured inversely — the higher the number, the lowe...

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Intraday calls for 08-01-10

Markets likely to open flat. Support for nifty is at 5230 and resistance at 5300. Buy Fedders Lloyd’s Corporation ltd at 85.80, target: 88.50. Stoploss: 84. Buy House of Pearl Fashions ltd at 89.30, target: 93. Stoploss: 87.80 10.30am -buy Ingersoll Rand India at 373 target: 380....

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YSR Crash Conspiracy Story – Was YSR Reddy murdered?

Posted on: Friday, January 8th 2010 and is filed under Market News.

YSR Crash News from exiledonline.com What does the mysterious helicopter crash that killed one of India’s most popular politicians have to do with White House economic czar Larry Summers? Read on… First, the crash: one of India’s most popular politicians, who heads the state of An...

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Andhra Bank up on expansion plans

Posted on: Thursday, January 7th 2010 and is filed under Market News.

Andhra Bank ended at Rs 109, stronger by 1.5%, on the BSE. The stock opened at Rs 109 and touched a high of Rs 110 and a low of Rs 108 during the day. The counter saw total trades of 2.84 lakh shares as against the two-week average of 2.68 lakh shares. Andhra Bank is eyeing Rs 3,600 c...

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