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Intraday calls for 15-04-09

Posted on: Wednesday, April 15th 2009 and is filed under Intraday Tips, Daytrading, Intraday tips for free NSE BSE Breakouts Daily intraday tips calls.

Markets likely to open weak. Short sell Axis Bank with a target of 445. Stoploss: 470 If markets show recovery later during the day, buy: Opto Circuits and NMDC (above 205). ...

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Great Speech, Obama! But Still Wrong About The Problem

Posted on: Wednesday, April 15th 2009 and is filed under Press Releases.

We can’t say enough about the joy of having a sharp, articulate, and charming president lead this country through this crisis. Every time we watch Obama speak, our confidence is restored. That said, we wish Obama didn’t spend so much time hanging out with ...

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FIIs net buyers of Rs 580cr in cash market on 13th April ’09

Posted on: Tuesday, April 14th 2009 and is filed under Market News.

Foreign institutional investors (FIIs) were net buyers of Rs 580.49 crore (provisional) today, according to data released by BSE.While FIIs made gross purchases of Rs 2,041.24 crore, gross sales totalled Rs 1,460.75 crore. ...

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Investors pour $794 mn in Asia funds; India sees inflows

Posted on: Tuesday, April 14th 2009 and is filed under Market News.

Global investors have poured in over $794 million in Asia-dedicated equity funds in the first week of April as India-focussed funds broke their 11-week outflow streak.According to the data complied by international fund tracking firm EPFR Global, all the Asia – excluding Japan R...

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ANALYSIS – Asia’s equity rally may run out of steam

Posted on: Tuesday, April 14th 2009 and is filed under Press Releases.

By Eric Burroughs and Kevin Plumberg HONG KONG (Reuters) – Asian equity markets are likely to run out of steam after leading a one-month rally in global stocks, with the full brunt of the deep global recession yet to be fully ...

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F&O Outlook: Nifty may touch 200DMA this week

Posted on: Tuesday, April 14th 2009 and is filed under Market Outlook.

The Nifty witnessed profit-booking above 3,400 levels, but closed with 40 points gains at 3,382 on buying in key index heavyweights such as Reliance Industries (RIL), ICICI Bank, State Bank of India (SBI) and Tata Steel. The Nifty is now expected to target 200DMA (daily moving average) of...

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Analysts see a tough road ahead for Tech Mahindra

Posted on: Tuesday, April 14th 2009 and is filed under Stock Views.

MUMBAI: Tech Mahindra’s acquisition of Satyam Computer Services may have come as a relief to the market, but analysts see a tumultuous journey ahead for the former. As regards the upcoming open offer, analysts aren’t sure of the kind of response the offer would evoke. ...

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Heard on the street: Buyers flock to Parekh Aluminex counter

Posted on: Tuesday, April 14th 2009 and is filed under Market Outlook.

The share price of Parekh Aluminex has been gaining ground in the wake of informed buying by a group of investors. The stock, which closed at Rs 64 on BSE on Monday, has appreciated by almost 29% in a month and by over 12% in the past week. ...

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Tech Mahindra ends 12% up on Satyam win

Posted on: Tuesday, April 14th 2009 and is filed under Stock News.

Shares of software firm Tech Mahindra today settled the day with a jump of over 12 per cent on the BSE, buoyed by its success in the race for acquiring majority stake in the Hyderabad-based IT firm Satyam Computer. ...

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Reliance Infrastructure – Breaks out – Target hit!

Posted on: Monday, April 13th 2009 and is filed under Techinicals Breakouts NSE BSE.

Reliance Infrastructure has formed a triple top between 670-680. Finding it difficult to cross this level. If it manages to break 680 on the upside it can head upto 740 in short term. ...

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