Quotes with Resistance & Support
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Buy Cipla for target of Rs 280-285: Arihant

Posted on: July 14th, 2009 and is filed under Brokerage Recommendations.

MUMBAI: Arihant Capital Market has advised traders to buy Cipla for target of Rs 280-285. “The 14 days Moving Average of Cipla is at Rs 256. On the daily charts, the stock is in buy on RSI and its 14-days RSI is currently at 70 (above 50 is consider to be in strong hands). The stock …

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Buy ITC with stoploss of Rs 199: Anand Rathi

Posted on: July 14th, 2009 and is filed under Brokerage Recommendations.

MUMBAI: Anand Rathi has advised traders to buy ITC with stoploss of Rs 199. “Buy ITC between Rs 210-212 with stoploss of Rs 199 for a target of Rs 228,” said the report. Note: Recommendation validity period is 1 week. Stoploss is on a weekly closing price basis. source: Read More..

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Buy Grasim for target of Rs 2570: India Infoline

Posted on: July 14th, 2009 and is filed under Brokerage Recommendations.

MUMBAI: India Infoline has advised traders to buy Grasim for target of Rs 2570. “On the daily chart, Grasim has formed a bullish Price channel. In the above pattern, the stock slopes up and is bound by an upper and lower trend line. The upper trend line marks resistance and the lower …

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Buy DLF above Rs 275 for target of Rs 290-300: Finquest

Posted on: July 14th, 2009 and is filed under Brokerage Recommendations.

MUMBAI: Finquest Securities has advised traders to buy DLF above Rs 275 for target of Rs 290-300. “After testing the low of Rs 259, DLF bounced back to form a Doji for the day. Further it is also testing the lower band of the falling channel. A breach of immediate resistance at Rs 375…

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Buy ONGC on dips for target of Rs 1040-1060: Finquest

Posted on: July 14th, 2009 and is filed under Brokerage Recommendations.

MUMBAI: Finquest Securities has advised traders to buy ONGC on dips for target of Rs 1040-1060. “ONGC is testing its rising testing drawn across prior bottoms of Rs 637 (5 Mar) and Rs 802 (15 May). As long as the rising trend line holds true, ONGC can edge higher towards Rs 1040/1060…

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Buy Reliance Infrastructure on dips with stoploss of Rs 920-880: Nirmal Bang

Posted on: July 14th, 2009 and is filed under Brokerage Recommendations.

MUMBAI: Nirmal Bang has advised traders to buy Reliance Infrastructure on dips with stoploss of Rs 920-880. “Buy Reliance Infrastructure on dips with stop loss of Rs 920-880. Resistance is seen at Rs 980. If it maintains above this level then look for a target of Rs 1030-1065. The sto…

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Oversold stocks – Likely to see good upmove if markets recover

Posted on: July 14th, 2009 and is filed under Stock Research.

Stock name Current market Price Alok Industries 15.80 Bajaj Hindustan 132 Chambal fertilizer 50 Essar Oil 119 IFCI 38 Ispat industries 16.60 J…

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US fiscal deficit tops $1 tn for first time

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

WASHINGTON: Nine months into the fiscal year, the federal deficit has topped $1 trillion for the first time. The imbalance is intensifying fears about higher interest rates and inflation, and already pressuring the value of the dollar. There’s also concern about trying to reverse th…

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White House: Health, green jobs growing quickly

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

WASHINGTON (AP) — The economy in 2016 will look like the one from 2008, according to a report the White House’s economic team released Monday. The Council of Economic Advisers predicted jobs providing health care and helping the environment were likely to grow more quickly th…

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Whats up with Gammon India?

Posted on: July 13th, 2009 and is filed under Stock News.

Shares of Gammon India shot up over 12% from its day’s low in the late trades. If only the Delhi Metro could spring back as fast as the stock! Shares of Gammon India shot up over 12% from its day’s low in the late trades. The stock had slipped sharply in the morning trades after a p…

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