Quotes with Resistance & Support
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Intraday calls for 18-03-09

Buy Bongaigaon Refineries at 42, target: 44.50. Stoploss: 40.80 Buy Neyveli Lignite at 74.10, target: 77.10. Stoploss: 73.20 ...

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Obama’s popular support slipping amid economic crisis: poll

Posted on: Wednesday, March 18th 2009 and is filed under Press Releases.

Washington: US President Barack Obama’s popular support is slipping amid the deepening economic crisis, according to a poll released here Tuesday. The survey by Pew Research Center for the People & the Press showed Obama’s approval rating falling to 59 percent from 64 pe...

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FIIs net buyers of Rs 415cr in cash mkt today

Posted on: Tuesday, March 17th 2009 and is filed under Market News.

Foreign institutional investors (FIIs) were net buyers of Rs 415.12 crore (provisional) today, according to data released by BSE.While FIIs made gross purchases of Rs 1,602.29 crore, gross sales totalled Rs 1,187.17 crore. ...

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Market Review for 18th March 2009

Posted on: Tuesday, March 17th 2009 and is filed under Market Outlook.

BSE Sensex: (8864) we had our target of 9065 but the market did not reach there and profit booking came in at our exact Nifty weekly level of 2805 which looks more like a technical selling …the trading pattern for the day is suggestive more of profit booking then actual selling and look...

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Nifty appears indecisive, long straddle seen at 2800

Posted on: Tuesday, March 17th 2009 and is filed under Market Outlook.

MUMBAI: Snapping the three day winning streak, stocks fell on Tuesday as weak opening of European markets weighed on investor sentiment. Profit booking was mainly observed in banking, oil and gas and IT stocks. ...

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Realty cos scale down prices by 40% to attract customers

Posted on: Tuesday, March 17th 2009 and is filed under Press Releases.

NEW DELHI: Real estate developers have found a new way of perking up the market. Unitech, DLF, HDIL, BPTP and others are offering a 30-40% Analysts believe that such projects will help stimulate demand and bring in the much-needed liquidity in the industry, which is already dealing with u...

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Intraday calls for 17-03-09

Markets likely to open flat. Buy Reliance Industries for a target of 1350. Stoploss: 1315 Buy Ranbaxy Laboratories at 147-148, target: 153. Stoploss: 145. If markets show weakness later during the day, short sell: State bank of India. ...

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AIG Bombshells: $1.2B in Bonuses, Over $100B Paid to Goldman, Other Banks

Posted on: Tuesday, March 17th 2009 and is filed under Press Releases.

Updated from 11:34 a.m. ET Update: President Obama has instructed Tim Geithner to “pursue every legal avenue to block these bonuses” planned for AIG executive. It’s “hard to warrant any bonuses” at AIG and there is no way to “justify this outrage,̶...

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Obama: AIG can’t justify ‘outrage’ of exec bonuses

Posted on: Tuesday, March 17th 2009 and is filed under Press Releases.

WASHINGTON (AP) — President Barack Obama declared Monday that insurance giant American International Group is in financial straits because of “recklessness and greed” and said he intends to stop it from paying out millions in executive ...

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Market Review for 17th March 2009

Posted on: Monday, March 16th 2009 and is filed under Market Outlook.

BSE Sensex: (8944) the up move continued as expected and now we are closer to the to our target of 9065 and the extended target is 9140 where profit booking can come in and then perhaps a sideways move… ...

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