Quotes with Resistance & Support
Market Information

Intraday calls for 27-12-12

Markets likely to open flat, Support for nifty is at 5820 and resistance at 5960. Buy ICICI Bank around 1148, Target: 1168, SL 1134 12.08pm – (Exit from Tata Chemicals at 341) …

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Intraday calls for 26-12-12

Markets likely to see a flat opening. Support for nifty is at 5820 and resistance at 5960. Buy Sun Pharma at 741, target: 755. Stoploss: 731 – (book profits at 755) 12:16pm: BTST: Buy Jindal Steel & Power Ltd around 454, Target: 465, SL 445 …

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Sugar industry sees decontrol in 2013

Posted on: December 25th, 2012 and is filed under Market News.

High retail prices helped sugar industry recover costs and clear almost entire cane payments to farmers Sugar tasted sweeter this year for the Rs 80,000 crore industry which saw bumper production, higher exports and signs of freedom from government control, but consumers had to pay Rs 1…

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Intraday calls for 24-12-12

Markets likely to open flat, support for Nifty at 5820 and resistance at 5960 Buy Tata motors on dips around 296, SL 292, Target: 304 – (book profit in Tata motors at 302-302.50) 11.26am – Buy Tata chemicals at 341.20, target: 348. Stoploss: 337 – (Continue to hold Tat…

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Protests continue in capital, Sonia promises action

Posted on: December 23rd, 2012 and is filed under Market News.

Prohibitory orders under section 144 of the CrPC imposed in New Delhi area except Jantar Mantar Hundreds of people, mainly the young, Sunday continued their noisy protests against the gang-rape of a woman, sparking off sporadic clashes with polices. Having barricaded all roads leading …

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Intraday calls for 21-12-12

Markets likely to open lower, support for Nifty at 5820 and resistance at 5960 Buy Wheels India around 842, Target: 860, SL 832 – (Book profits in Wheels India at 862) Buy Den Networks around 205, Target: 211, SL 201 – (Continue to hold Den network for 1-2 days if possible.)…

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Intraday calls for 20-12-12

Markets likely to open lower, support for Nifty at 5820 and resistance at 5960 Buy Asian Paints on dips …

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Now, one person can start a company

Posted on: December 20th, 2012 and is filed under Market News.

This will give a chance to the entrepreneurs to enter the corporate world, without adding a family member to venture Passage of the Companies Bill in Parliament will pave the way for a new concept of ‘one person’ company’ (OPC). Under the Companies Act, 1956, it required at least …

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Banking Bill paves way for new banks, foreign investment

Posted on: December 19th, 2012 and is filed under Press Releases.

The government on Tuesday cleared the decks for the Reserve Bank of India ( RBI) to initiate the process to issue new banking licences and widened the window for infusion of capital into the banking sector. The Lok Sabha cleared the Banking Laws (Amendment) Bill, 2011, after Finance Mini…

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Intraday calls for 19-12-12

Markets likely to open higher, Support for Nifty at 5880 Buy HDFC around 852, Target: 866, SL 840 – (SL triggered) Note: I am traveling today and wont be able to reply till noon …

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