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More earnings downgrades coming

Posted on: September 27th, 2013 and is filed under Market News.

Slowing demand, tighter liquidity a drag on profits, agree analysts; earnings growth this year might not exceed 5%, feel many Brokerages are likely to cut their expectation of growth in earnings per share (EPS) for large companies to the mid-single digits, due to factors such as higher i…

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Intraday calls for 27-09-13

Posted on: September 27th, 2013 and is filed under Intraday Tips, Daytrading, Intraday tips for free NSE BSE Breakouts Daily intraday tips calls.

Markets likely to open flat. Support for nifty is at 5820 and resistance at 5950. Bank nifty has resistance at 10250 and support at 10000 (closing basis). Buy Coromendal fertilizers 235, target: 243. Stoploss: 231 – (Can continue to hold Coromendal fert. looks good technically.) …

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Intraday calls for 26-09-13

Posted on: September 26th, 2013 and is filed under Intraday Tips, Daytrading, Intraday tips for free NSE BSE Breakouts Daily intraday tips calls.

Markets likely to open flat, Support for nifty is at 5800 and resistance at 5910 Buy Bajaj Auto around 2000, target: 2050, SL 1975 …

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Intraday calls for 25-09-13

Posted on: September 25th, 2013 and is filed under Intraday Tips, Daytrading, Intraday tips for free NSE BSE Breakouts Daily intraday tips calls.

Markets likely to open flat, Support for nifty is at 5800 and resistance at 5910. Bank nifty has support at 10100 and resistance at 10450 Buy Tata Motors around 335, target: 344, SL 330 …

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Bank Nifty falls nearly 10% post RBI policy

Posted on: September 24th, 2013 and is filed under Market News.

Bank Nifty has tanked nearly 10% or 1,086 points in past three days as compared to 4.3% fall in benchmark CNX Nifty. Banking shares continue to remain under pressure for the third day in a row with the Bank Nifty slipping over 1,000 points after the Reserve Bank of India (RBI) Governor, …

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Intraday calls for 24-09-13

Posted on: September 24th, 2013 and is filed under Intraday Tips, Daytrading, Intraday tips for free NSE BSE Breakouts Daily intraday tips calls.

Markets likely to open flat. Support for nifty is at 5800 and resistance at 5910. Bank nifty has support at 10100 and resistance at 10450 No pre-market call for the day. Continue to hold Rcom. 1.26pm – Book profit in Ashok leyland at 15 …

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Jewellery shares in demand

Posted on: September 23rd, 2013 and is filed under Market News.

Titan Ind, Gitanjali Gems, PC Jeweller, Thangamayil Jewellery, TBZ and Renaissance Jewellery are up 2-9% on the BSE. Shares of jewellery makers are in limelight and trading higher by up to 9% in otherwise weak market on hopes of strong demand ahead of festival season. Gitanjali Gems, PC…

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Intraday calls for 23-09-13

Posted on: September 23rd, 2013 and is filed under Intraday Tips, Daytrading, Intraday tips for free NSE BSE Breakouts Daily intraday tips calls.

Markets likely to open lower. Support for nifty is at 5900 and resistance at 6060. If markets show recovery later during the day, buy: Reliance communications …

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Raghuram Rajan surprises with credit policy, raises repo rate by 0.25% – Markets fall

Posted on: September 20th, 2013 and is filed under Market News.

New Delhi: The Reserve Bank of India (RBI) in its mid-quarter review of monetary policy on Friday raised the repo rate under the liquidity adjustment facility (LAF) by 25 basis points from 7.25 percent to 7.5 percent with immediate effect. The central bank has however slashed the Margina…

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