Click on the charts to enlarge: Nifty: Nifty is not reaching strong resistance level of 5200. It is likely nifty here sees some profit booking/ consolidation for few days before the next upmove. If manages to close above 5200 for couple of days, nifty could head higher to 5350 in near t…

Read More..

Alfa Laval, subsidiary of Sweden-based Alfa Laval Corporate AB, today said its delisting offer will commence on February 15. The entity, which offers heat transfer, separation and fluid handling technologies, said in a statement: “The opening date for the bid is February 15, 2012,…

Read More..

Markets likely to open higher, Resistance for Nifty at 5160 Sell Yes bank on rise around 326, Target: 318, SL 331 (trade in small quantities) 11.33am – buy BGR Energy at 241, target: 250. Stoploss: 236 …

Read More..

The Reserve Bank of India (RBI) has left its key policy rates unchanged in its third quarter monetary policy (October-December). However, contrary to many experts, the central bank has cut cash reserve ratio (CRR) by 50 basis points (bps) to 5.5% effective from January 28. The CRR cut is …

Read More..

Markets likely to open higher, Nifty has support at 5000 and resistance at 5080 Buy Hindustan Oil Exploration at 117, Target: 123, SL 113 11.17 pm – Sl triggered in 5000 pe …

Read More..

NEW DELHI: The budget session of parliament is likely to begin from the second week of March, informed sources said Monday. The union budget for 2012-13 could be presented in the third week of March, following its postponment from the February end date in view of the state elections. Th…

Read More..

Larsen and Toubro (L&T), an engineering & construction company, has reported a net profit of Rs 991 crore in the third quarter of FY12, a growth of 18% as compared to Rs 840 crore in a year ago quarter. Other income jumped 78.9% to Rs 449 crore from Rs 251 crore during the same…

Read More..

Markets likely to open flat. Resistance for nifty is at 5090 and support at 4980. Buy Titan Industries at 192, target: 198-200. Stoploss: 187 Trade in small quantities. …

Read More..

On a day the country’s most valued company, Reliance Industries Ltd (RIL), reported its first net profit drop in the last two years, it tried to cheer investors by announcing its Rs 10,440-crore buyback plan. Analysts, however, see the scrip reacting unfavourably in the next session on …

Read More..

Markets likely to open flat, nifty has resistance at 5060 and support at 4980 Buy Jai corp at 79.30, Target: 82, SL 77 9:43am: Buy Bajaj auto at 1500, Target: 1530, SL 1475 – (book profits at 1530) 1.47pm – Buy 5000 pe at 30.50, target: 41. Stoploss: 5060(cash) – (boo…

Read More..