Quotes with Resistance & Support
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Above Rs205, Bajaj Hind can go upto Rs 225: Gujral

Posted on: Monday, August 3rd 2009 and is filed under Stock Views.

Technical Analyst, Ashwani Gujral is of the view that above Rs 205, Bajaj Hindusthan can go upto Rs 225. Gujral told CNBC-TV18, “Sugar has been holding up. Shree Renuka is probably not the strongest sugar stock. Bajaj Hindustan looks better to me, I think that has support around Rs...

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Above Rs 105, Praj Ind can head upto Rs 125: Gujral

Posted on: Monday, August 3rd 2009 and is filed under Stock Views.

Technical Analyst, Ashwani Gujral is of the view that above Rs 105, Praj Industries can head upto Rs 123-125. Gujral told CNBC-TV18, “Praj Industries has support around Rs 79. It is not outperforming but if it can take Rs 105 out, you could head towards Rs 123 to Rs 125.” so...

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Intraday calls for 03-08-09

Markets likely to open flat. Nifty has strong resistance at 4700 levels. Buy United Spirits (McDowell) above 1040, target: 1070. Stoploss: 1028 Buy Sterlite Industries India above 670, target: 695. Stoploss: 660 ...

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MF entry load ban forces distributors rejig strategies

Posted on: Sunday, August 2nd 2009 and is filed under Press Releases.

From August 1, things will change dramatically for the mutual fund industry with investors no longer having to pay an entry fee on their investments. Fund houses already grappling with falling sales and rising expenses will now need to shell out extra commissions to distributors as an ...

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PSUs pay higher dividends than their pvt sector peers

Posted on: Sunday, August 2nd 2009 and is filed under Press Releases.

NEW DELHI: Call it a stimulus package for equity investors. Government companies in India have outperformed their private sector peers in doling PSU Monitor your financial health Why be a wealth manager! How to boost income in crisis! out dividends during the recent phase of economic...

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FM’s plan could bring Rs 1,52,519 cr to D-street

Posted on: Sunday, August 2nd 2009 and is filed under Market News.

NEW DELHI: The finance minister Pranab Mukherjee’s Budget proposal to deepen markets by bringing promoters’ stake in listed companies below 75% may leave markets dealing with a flood of equity issuances. If the proposal comes through, listed companies could be expected to rai...

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RComm’s GSM launch spurs net to Rs 1,637 crore

Posted on: Sunday, August 2nd 2009 and is filed under Stock News.

Reliance Communications (Rcomm) on Friday reported an increase of 8.22% in its net profit for the quarter ended June 30, 2009 to Rs 1636.61 crore, as against Rs 1512.16 crore in the same quarter last year. Its net sales grew 11.72% in fiscal Q1 to Rs 5842.96 crore as compared to Rs 5229.6...

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US recession may be easing, but job market is weak

Posted on: Saturday, August 1st 2009 and is filed under Market News.

Washington: The American economy may be heading out of the woods with new government numbers showing signs of easing recession laying the groundwork for growth in the months ahead. But the job market still remains weak with working people haunted by fear of layoffs. A Commerce Department...

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Intraday calls for 31-07-09

Buy Tech Mahindra above 860, target: 880. Stoploss: 853 Buy Dr.Reddy’s Laboratories above 835, target: 855. Stoploss: 828 ...

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Market undertone bullish: Anagram

Posted on: Thursday, July 30th 2009 and is filed under Market Outlook.

AHMEDABAD: V K Sharma of Anagram Stock Broking said momentum is continuing in the markets… From the fundamentals as well as futures perspective, how do you view Tata steel and SAIL? Sharma: What we are seeing currently is purely liquidity chasing stocks.. I think we are going to s...

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