Quotes with Resistance & Support
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Stelco Strips Ltd – 80% Profits

Posted on: Saturday, July 25th 2009 and is filed under Penny Stocks.

Call given at 11, CMP 19.50+. Book 50% profits at 19.50 and hold the rest for Long term. Stelco Strips Ltd has commissioned Continuous Galvanising Line (CGL) having annual capacity of 60,000 tonnes for the manufacture of G.P & G.C. Sheets adjoining to its manufacturing line of Wider ...

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Warren Buffett:Invest in Stocks Even At Dow 9000

Posted on: Friday, July 24th 2009 and is filed under Stock Views.

Warren Buffett tells CNBC that the economy still isn’t showing any signs of life but that doesn’t mean investors should stay away from stocks for the long-term. In a live interview on Squawk Box this morning, Buffett says “business is still flat.” But he stresses ...

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UK economy falls in Q2, dashing recovery hopes

Posted on: Friday, July 24th 2009 and is filed under Press Releases.

LONDON (AP) — The British economy contracted by twice as much as economists had forecast in the second quarter, leaving it mired in recession and dashing recent hopes of an imminent recovery as premature. Official figures released on Friday showed that the economy shrank by 0.8 per...

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Buy Bharat Forge Ltd – Target achieved on 24th July’09

Posted on: Friday, July 24th 2009 and is filed under Swing Calls.

Buy BHARAT FORGET LTD CMP 166, target: 175-180, SL 155 Target achieved within a few hours after recommendation on 24th July 2009 Call given by Kartik ...

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Intraday calls for 24-07-09

Buy Rain Commodities at 153, target: 161. Stoploss: 150 If markets show weakness later during the day, Short sell: Satyam Computer Services. ...

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Dow tops 9,000 as home sales rise for 3rd month

Posted on: Friday, July 24th 2009 and is filed under Press Releases.

NEW YORK (AP) — The Dow Jones industrials rose back above 9,000 for the first time since early January. Investors snapped up a broad range of stocks Thursday, sending major indexes up more than 2 percent, after existing home sales jumped for the third straight month in June. The 3...

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Adani Power fixes IPO price band at Rs 90-100/sh

Posted on: Thursday, July 23rd 2009 and is filed under Press Releases.

Adani Power, a flagship company of Adani Group, has fixed IPO (initial public offering) price band at Rs 90-100/share. The minimum IPO bid slot set at 65 shares, reports CNBC-TV18. A power project development company, promoted by Adani Enterprises Limited, with total revenues of Rs 196 b...

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eBay Inc Q2 profit drops 29 per cent

Posted on: Thursday, July 23rd 2009 and is filed under Stock News.

New York: Online auction firm eBay Inc has reported a 29 per cent drop in net profit at USD 327 million in the second quarter ended June 30, mainly due to drop in sales of its marketplaces business. The company had a net profit of USD 460 million in the corresponding year ago period, eBa...

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Idea Cellular Q1 net at Rs 309.21 cr

Posted on: Thursday, July 23rd 2009 and is filed under Stock News.

Idea Cellular Ltd has announced the following unaudited results for the quarter ended June 30, 2009: The company has posted a net profit after tax of Rs 309.21 crore for the quarter ended June 30, 2009 as compared to Rs 269.53 crore for the quarter ended June 30, 2008. Total Income has in...

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ONGC Q1 net down 26% at Rs 4,848cr

Posted on: Thursday, July 23rd 2009 and is filed under Stock News.

MUMBAI: ONGC today reported a 26% decline in net profit at Rs 4,848 crore for the first quarter ended June 30, 2009 when compared with Rs 6,636 crore in Q1FY09. Net sales also declined 26% to Rs 14,879 crore from 16,198 crore in Q1FY09. UTVi had estimated the bottomline to drop 28% and ...

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