Quotes with Resistance & Support
Market Information

Price war beckons as F&O volumes spurt on BSE

Posted on: February 10th, 2012 and is filed under Market News.

The Bombay Stock Exchange (BSE) and National Stock Exchange (NSE) may witness another round of price war, as derivative volumes are picking up on the former’s platform. The BSE has witnessed high trading interest in the options contract of the Sensex, its benchmark index, pitched a…

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Intraday calls for 09-02-12

Markets likely to open flat, Resistance at 5410 and support at 5290 Buy Indiabulls Real Estate at 72.50, Target: 75, SL 70.50 – (Book profit in IB real at 75.50-76) Buy Development Credit Bank at 46, Target: 48.50, SL 44.50 – (exit dcb at 47) 11.50am – Buy Bharat forg…

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Technical view:: Petronet, M&M financial, Bank of Baroda & Bank Nifty

Posted on: February 9th, 2012 and is filed under Techinicals Breakouts NSE BSE.

Petronet: Petronet looks good technically. It has good support at 163-165 levels. In short term can head upto 180. With it being quiet almost this entire rally, its likely it move higher from here. M&M financial: M&M financial has been moving in a range of 600-720 since long…

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Intraday calls for 08-02-12

Markets likely to open higher, support for Nifty at 5290, resistance at 5410 Buy Jyoti Structures at 52.50, Target: 55, SL 50 Sell Reliance Infrastructure on rise, around 565 for a target of 550 …

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MOIL plunges after dismal Q3 earnings

Posted on: February 7th, 2012 and is filed under Market News.

MOIL lost 3% to Rs 268 after net profit fell 18.79% to Rs 101.50 crore in the quarter ended December 2011 as against Rs 124.99 crore during the previous quarter ended December 2010. Sales declined 5.39% to Rs 239.54 crore in the quarter ended December 2011 as against Rs 253.20 crore durin…

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Intraday calls for 07-02-12

Markets likely to open flat, support for Nifty at 5290, resistance at 5410 Buy Wipro at 427, Target: 435, SL 421 …

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Redemption Time: Government actions and policy changes that may kickstart economic recovery

Posted on: February 6th, 2012 and is filed under Market News.

It may be too early to decide whether the bulls have enough wind to outrun the bears. But there are signs that recovery could be just round the corner. That may require the government to do something it has appeared incapable of doing – move on with its policies. With coalition part…

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Intraday calls for 06-02-12

Markets likely to open a bit higher. Resistance for nifty is at 5360. Buy Thermax ltd at 522, target: 535. Stoploss: 510 – (Continue to hold Thermax for a day more.) Trade in small quantities. …

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Dow Sees Highest Close Since 2008, Nasdaq Soars After Strong Jobs Report

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

NEW YORK (AP) — A drop in the unemployment rate to its lowest level in three years propelled stocks higher Friday. The Dow Jones industrial average jumped more than 130 points, drawing the average to its highest mark since before the financial crisis hit in 2008. The Nasdaq index reach…

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Global markets hold ranges before US jobs data

Posted on: February 3rd, 2012 and is filed under Market News.

Asian shares and major currencies were stuck in ranges on Friday ahead of key US jobs data, which will offer more clues over the state of the world’s largest economy, while Greek debt restructuring talks dragged on. MSCI’s broadest index of Asia-Pacific shares outside Japan s…

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