Quotes with Resistance & Support
Market Information

Nifty falls 3% as non-event budget disappoints

Posted on: Monday, February 16th 2009 and is filed under Market News.

MUMBAI: Indian stock markets were witnessing unwinding of long positions on Monday as traders were disappointed after the stand-in finance minister Pranab Mukherjee presented the interim budget for FY 09-10. The budget lacked any positive triggers for the industry as no stimulus package ...

Read More..
read more

Stocks in news: Satyam, Jet Airways, Aventis, Unitech

Posted on: Monday, February 16th 2009 and is filed under Stock News.

Indian ADRs: Satyam up 12%, Tata Motors up 2%, Infosys, HDFC Bank, ICICI Bank down 2% Alert: Interim Budget today SEBI announces takeover norms for distressed companies; relaxes strict compliance of prov of chapter III in certain cases. ...

Read More..
read more

Suport fot the Nifty at 2870: Gaba

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

Technical Analyst, Prakash Gaba:We said ‘Technically the market is still not showing any signs of direction. So far the market could witness a small up move but I would be very cautious and watch the psychological 9000 mark, the break of which could weaken the market further. ...

Read More..
read more

Intraday calls for 16-02-09

Buy GTL Infrastructure at 31.70, target: 33. Stoploss: 31.40 Buy Reliance Power at 108.20, target: 113. Stoploss: 106. Markets likely to be volatile today. Trade in small quantity.. I have to go out for some important work and won’t be online today. ...

Read More..
read more

Budget: Expect tax sops, sector specific packages

Posted on: Monday, February 16th 2009 and is filed under Press Releases.

New Delhi: The government is likely to come out with sector specific packages and more tax sops in its interim budget on Monday to stimulate the contracting economy, industry body Assocham has said. External Affairs Minister Pranab Mukherjee, who is also holding the finance portfolio and...

Read More..
read more

Satyam bidders will not get to see A/cs before bidding

Posted on: Sunday, February 15th 2009 and is filed under Press Releases.

The suitors seeking to take over the scam-hit Satyam Computers will not be able to go through the restated financial statement or the third quarter results prior to the bidding, a senior company official said. “Obviously… (the bidders would not be able to see them as these doc...

Read More..
read more

Market Review for 16th February 2009: Prakash Gaba

Posted on: Sunday, February 15th 2009 and is filed under Brokerage Recommendations.

BSE Sensex: (9635) the market was mildly up and has found resistance right on our resistance at Nifty at 2972. The day ahead is day interim budget day and who knows what surprise is in store for us but the technically the trend is intact up with crucial supports at 9445. ...

Read More..
read more

Weekly Review for the Week February 16th – 20th 2009

Posted on: Sunday, February 15th 2009 and is filed under Market Outlook.

We said ‘Technically the market is still not showing any signs of direction so far…the market could witness a small up move but I would be very cautious and watch the psychological 9000 mark, the break of which could weaken the market further. The crucial supports on the way down are ...

Read More..
read more

Interim budget will be most immediate trigger for players

Posted on: Sunday, February 15th 2009 and is filed under Press Releases.

By Vijay L Bhambwani, CEO – BSPLindia.com : The markets ended with gains on the last day of the week as bullish overseas cues and positive market breadth marked the session. The BSE & NSE combined advance decline ratio was positive at 2250 : 1365. The rally was led by the banki...

Read More..
read more

Sensex 9300 holds the key: Vasudeo

Posted on: Sunday, February 15th 2009 and is filed under Market Outlook.

By Hitendra Vasudeo, Technical Analyst : Until last week, the Sensex moved in a band of 9438-8631. After forming a low of 8631, the Sensex made higher low last week and crossed 9438. Last week’s close was also above 9438 with a positive weekly candle. In short, we have a breakout situat...

Read More..
read more

Breakouts

+ve 30 DMA    50 DMA    150 DMA    200 DMA
-ve 30 DMA    50 DMA    150 DMA    200 DMA

Latest Query

Samrudhiglobal.com wishing you and your friends and family Advance xmas and Happy New year...view more »
- by Sam
Status: Awaiting reply

Market Stats

Search Our Archives

Latest Investment Idea

Recent Comments