Quotes with Resistance & Support
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Buy Tata Steel on dip with a stoploss of Rs 410: Nirmal Bang

Posted on: Tuesday, June 16th 2009 and is filed under Brokerage Recommendations.

MUMBAI: Nirmal Bang has advised traders to buy Tata Steel on dip with a stoploss of Rs 410. “Buy Tata Steel on dips with stoploss of Rs 410. Resistance is seen at Rs 445 and if it maintains above Rs 445 then next target is Rs 470,” said the technical note. source: Read More..
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Buy Reliance Industries with stoploss of Rs 2130: Nirmal Bang

Posted on: Tuesday, June 16th 2009 and is filed under Brokerage Recommendations.

MUMBAI: Nirmal Bang has advised traders to buy Reliance Industries with stoploss of Rs 2130. “Reliance Industries can be bought with stoploss of Rs 2130. Resistance is seen at Rs 2195. If the stock maintains above Rs 2195 then next target is Rs 2285-2320. And if Reliance trades below ...

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IVRCL Infra bags order worth Rs 432cr; stk up

Posted on: Tuesday, June 16th 2009 and is filed under Stock News.

IVRCL Infrastructure and Projects touched an intraday high of Rs 331 and an intraday low of Rs 305. At 10:59 am, the share was quoting at Rs 328, up Rs 8.90, or 2.79%. The company has bagged order worth Rs 432 crore, reports CNBC-TV18. It was trading with volumes of 386,873 shares. Yest...

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Cipla – Book profits at 274 (15-07-09)

Posted on: Tuesday, June 16th 2009 and is filed under Techinicals Breakouts NSE BSE.

Cipla has made a triple top between 255-260 levels. Once it manages to cross 260, it can head upto 285. One may buy it above 260 for a target of 280-285 ...

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Intraday calls for 16-06-09

Markets likely to see a gap down opening. If markets see recovery later during the day, buy: IDBI and Mcleod Russel India. ...

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Don’t see Nifty below 4400-4500 levels

Posted on: Tuesday, June 16th 2009 and is filed under Press Releases.

It was a bad start to the week. Picking up those negative cues from Asia, markets started selling off through the day, aided by that underlying fatigue seen last week. The High Court ruling against Reliance Industries put heavy pressure on that stock dragging the benchmarks with it. Apart...

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LIC Housing sells 18.3% stake in LIC MF to Nomura

Posted on: Monday, June 15th 2009 and is filed under Stock News.

LIC Housing Finance today sold 18.3 per cent of stake in LIC Mutual Fund to Japanese Financial services company, Nomura, expecting to garner Rs 138-crore.”As per the agreement between LIC and Nomura, we are selling 18.3 per cent out of the total stake of 38.3 per cent in LIC Mutual ...

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Top 10 firms lose Rs 5,100 cr last week

Posted on: Monday, June 15th 2009 and is filed under Press Releases.

The country’s top 10 firms saw their total market capitalisation falling by Rs 5,168 crore last week, with Oil and Natural Gas Corporation (ONGC) losing the most among the pack.The total market valuation of the elite club, comprising four private sector and six state-run companies, ...

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Intraday calls for 15-06-09

Markets likely to open weak.. Nifty has strong support at 4500-4550 levels. On Intraday dips buy, Suzlon and Noida toll bridge. ...

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India Inc eyes over Rs 1,00,000 cr through share sale

Posted on: Sunday, June 14th 2009 and is filed under Press Releases.

NEW DELHI: The stock market recovery may have reached only its half-way mark, but companies’ confidence level for raising funds through sale of shares seems to have already hit a new peak as they have lined up plans to mop up capital in excess of Rs 1,00,000 crore. This include an...

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