Quotes with Resistance & Support
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Buy IFCI – SL Triggered

Posted on: Tuesday, March 24th 2009 and is filed under Swing Calls.

Buy IFCI at cmp 18.95, target: 20.40. Stoploss: 18.30 Call given by Kartik. ...

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Stocks to watch: Tata Tea, DLF, United Breweries

Posted on: Tuesday, March 24th 2009 and is filed under Stock Views.

MUMBAI: Stocks are headed for a northward journey for a second straight day Tuesday buoyed by the euphoric sentiment across global markets as a US plan to get rid of the bad assets in the banking sector sparked hopes for stability in the financial system. ...

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Intraday calls for 24-03-09

Buy State Bank of India at 1023, target: 1050. Stoploss: 1010 Buy Raj Television at 38.45, target: 40.20. Stoploss: 37.60 If markets show weakness later during the day, short sell: Reliance infra. ...

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Market review for 24th March 2009

Posted on: Monday, March 23rd 2009 and is filed under Market Outlook.

Market is expected to have a Gap up opening tomorrow. Dow Jones is up more than 300 points and Nasdaq too is up more than 60 Points, Indian markets have been following global ques for quite some time and a positive reaction is excepted tomorrow. ...

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FII net buy at Rs 376cr, DII net buy at Rs 377cr

Posted on: Monday, March 23rd 2009 and is filed under Market News.

Foreign institutional investors (FIIs) were net buyers of Rs 376.23 crore (provisional) today, according to data released by BSE.While FIIs made gross purchases of Rs 1,466.95 crore, gross sales totalled Rs 1,090.72 crore. ...

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Does Nano launch make Tata Motors a buy?

Posted on: Monday, March 23rd 2009 and is filed under Press Releases.

he wait for the Nano is finally over with Tata Motors announcing that the much awaited people’s car will make its commercial debut on Monday. However, what investors in Tata Motors are anxious to know is if the launch will lift the stock since it has fallen over 75% from the 52-week...

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Nifty rallies above 2900 led by RIL, HDFC

Posted on: Monday, March 23rd 2009 and is filed under Market News.

MUMBAI: Bears were caught off guard as Indian equity benchmarks rallied Monday mirroring Asian and European markets. Banks, oil&gas and metal stocks were in the limelight while realty space ended with modest gains. ...

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Gold is the next bubble

Posted on: Monday, March 23rd 2009 and is filed under Press Releases.

The world over, air has whooshed out of bubbles in stocks, crude oil, metals and real estate. But before recovery comes, another bubble needs to burst: the bubble in gold prices. Around $950 per ounce, gold is still close to its all-time high of March last year, when it closed at $1,002 p...

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Buy Dabur India, target of Rs 111: IIFL

Posted on: Monday, March 23rd 2009 and is filed under Brokerage Recommendations.

IIFL has maintained its buy rating on Dabur India with target price of Rs 111 in its March 23, 2009 research report. “Dabur has put its beauty and wellness retail venture ‘new-u’ on the block. The company has mandated Grant Thornton to find a buyer for the retail chain. ...

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Buy Bajaj Auto, target of Rs 670: IIFL

Posted on: Monday, March 23rd 2009 and is filed under Brokerage Recommendations.

IIFL has recommended a buy rating on Bajaj Auto with a target price of Rs 670 in its March 23, 2009 research report. “After two years of declining volumes, Bajaj Auto is poised for profitable growth, on the back of a series of model launches in the high-margin 125cc+ segment. ...

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