Quotes with Resistance & Support
Market Information

Nifty fails to sustain higher levels as Profit booking seeks in

Posted on: Wednesday, December 2nd 2009 and is filed under Market News.

Nifty today closed almost flat, ending 0.02 points higher. It manged to close at 5123 after making a Intraday high of 5161 and a low of 5111. Sensex slipped 28 points to end at 17169. Profit booking at higher levels was witnessed in Power Stocks. The Power and FMCG indices dropped 0.56 %...

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Intraday calls for 02-12-09

Markets likely to open flat.. Selling pressure is likely to be seen on rise around 5150-5180 Buy Moser Baer at 83, target: 87. Stoploss: 80.50 Short term: Buy Prime Focus at 225-230, target: 255. Stoploss: 215 Options: no new call yet. ...

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JSW Energy IPO to open on Dec 7, with 60% to QIBs

Posted on: Tuesday, December 1st 2009 and is filed under IPO Views.

JSW Energy will open its Initial Public Offer (IPO) on December 7, to raise Rs 2,700 crore. The issue will close on December 10. SW Energy has 860 Mw of operational generating capacity and 2,790 Mw of generating capacity in the construction or implementation stage. In addition, it has po...

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BUY ANDHRABANK – SL Triggered

Posted on: Tuesday, December 1st 2009 and is filed under Swing Calls.

Buy ANDHRABANK CMP 115.50, Target: 128-130, SL 108 SL Triggered Call given by Kartik ...

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Tata Motors: Positives priced in

Posted on: Tuesday, December 1st 2009 and is filed under Market News.

Tata Motor’s future profitability hinges on its ability to scale up JLR volumes and execute a slew of cost-reduction measures. The markets have given a thumbs-up to the improvement in consolidated numbers of Tata Motors for the September 2009 quarter. Its shares closed 5 per cent highe...

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SAIL not affected by slowdown

Posted on: Tuesday, December 1st 2009 and is filed under Market News.

The global slowdown did not have any negative impact on the output of Steel Authority of India Ltd (SAIL) due to the growing domestic demand, said top SAIL officials. This was disclosed here on Monday by Steel Secretary Atul Chaturvedi. “Our production has remained steady due to the g...

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World Bank bars Siemens’ Russian unit for corruption

Posted on: Tuesday, December 1st 2009 and is filed under Market News.

The World Bank has said it has barred a Russian subsidiary of Germany’s Siemens from participating in bank projects for four years, citing evidence of fraud and corruption. Limited Liability Company Siemens (000 Siemens) was debarred effective November 25 “for having engaged ...

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Intraday calls for 01-12-09

Markets likely to open flat. Support for nifty is at 5010 and resistance at 5065 Buy Dr.Reddy labs above 1150, target: 1172. Stoploss: 1139 Options: hold 5000 put. no new call yet ...

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Intraday calls for 30-11-09

Markets likely to see a gap up opening. Buy REI Agro at 41.90, target: 43.50. Stoploss: 40.20 Keep a watch on Dubai markets which would be opening today after 4 days of holiday’s. It will open around 11.00 AM IST Options: No calls yet. 10.20am – buy bharti airtel in smal...

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India’s links to Dubai, and the UAE – Must read

Posted on: Monday, November 30th 2009 and is filed under Market News.

India’s links to Dubai, and the UAE 11% of Gulf capital flows between in past few years headed to Asia Indian are 40% of UAE’s population; forming 10-12% of India’s inward remittances. 31% of the 5.3m Indians in the Gulf are in UAE. UAE forms 8% of India’s non-oil exports and ...

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