Quotes with Resistance & Support
Market Information

Near resistance for Nifty likely at 5,750

Posted on: November 4th, 2012 and is filed under Market News.

After slipping below key support levels in intra-week trade, the markets bounced back smartly. The Sensex dipped below its crucial 18,500-support to touch a low of 18,393, before rallying to a high of 18,794 on buying optimism. It ended the week at 18,755, a gain of 130 points. Among the…

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Wipro ups IT revenue guidance on growth signs

Posted on: November 2nd, 2012 and is filed under Market News.

Bangalore: Indian IT bellwether Wipro Ltd Friday projected higher revenue, albeit marginally, from its flagship IT services business for the third quarter (October-December) of this fiscal (2012-13) on signs of growth in the technology space. “We expect revenue from our IT services…

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Intraday calls for 02-11-12

Markets likely to open higher, Support for Nifty at 5650 Buy Dena bank around 106, Target: 112, SL 102 – (Book profit in Dena bank at 109) …

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Mallya cashes in on share rally in United Breweries Holding

Posted on: November 1st, 2012 and is filed under Market News.

Even in bad times, Vijay Mallya has managed to make a neat cash pile for himself by selling a part of his stake in United Breweries Holding Ltd (UBHL), which enjoyed a dream run on the stock exchanges between June and September this year. UBHL is a holding company for Mallya’s other fi…

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Intraday calls for 01-11-2012

Markets likely to open flat, Resistance for Nifty at 5640. Buy Rushil Decor around 287, Target: 293.50, SL 283 – (Continue to hold Rushil. Looks good technically) …

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Maruti Suzuki Q2 net profit slips 5%; gives all-time high discounts

Posted on: October 31st, 2012 and is filed under Market News.

There is not much demand for Maruti Suzuki’s petrol cars and it cannot produce enough diesel cars that are selling like hot cars, which has affected its bottomline New Delhi: Maruti Suzuki India Ltd (MSI), the country’s largest car maker on Tuesday reported 5.41% decline in …

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Intraday calls for 31-10-12

Markets likely to open flat, Nifty resistance at 5640. support at 5550 Buy ICICI Bank on dips – (Book profit in ICICI bank at 1048-1049) 11.23am – All holding longs, can enter a 5500pe to hedge. cmp: 41.90, target: 54. Stoploss: 5635 on nifty (spot) …

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No respite for borrowers; RBI cuts CRR by 0.25%

Posted on: October 30th, 2012 and is filed under Market News.

Mumbai: Acting cautiously, the Reserve Bank on Tuesday slashed the Cash Reserve Ratio (CRR) by 0.25 percent – the percentage of deposits banks keep with central bank – but refrained from reducing lending rates in view of high inflation. Following the cut, CRR will now come do…

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Intraday calls for 30-10-12

Markets likely to open flat, support for Nifty at 5630 and resistance at 5750 Buy Nitin Fire Protection around 68, Target: 72.5, SL 65 – (Exit Nitin fire if breaks 67) …

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Intraday calls for 29-10-12

Markets likely to open flat, Support for nifty is at 5630 and resistance at 5750. Buy Tata Global Beverages on dips …

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