Quotes with Resistance & Support
Market Information

Everonn Education hits roof on Varkey’s open offer

Posted on: September 23rd, 2011 and is filed under Market News.

Everonn Education is frozen at the 5% upper circuit at Rs 424 after Varkey Group (Acquirer) made an open offer to acquire 4.48 million equity shares representing 20% equity capital of the company at the price of Rs 528 per share. “The offer is being made by the Acquirer as a result…

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Intraday calls for 23-09-11

Markets likely to open lower, next support at 4830 Buy Rallis India around 173, Target: 180, SL 169 (Trade in small quantity) 11.03am – buy 4800 pe at 65, target: 80. Stoploss: 4900 – (book profit in nifty 4800 pe at 80) 12.31pm – Buy Reliance capital fut at 403, tar…

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Intraday calls for 22-09-11

Markets likely to open lower, Support for Nifty at 5100. resistance at 5180 Buy Great Eastern Shipping at 258, Target: 266, SL 253 currently traveling. shall be back by 2.30-3 …

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Intraday calls for 21-09-11

Markets likely to open lower, Resistance for nifty is at 5160 support at 5090 Buy VIP Industries around 992, Target: 1020, SL 980 – (book profit in VIP ind at 1015) 9:30am: Book profits in ICICI bank at 892 …

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Economy enters ‘dangerous phase’

Posted on: September 21st, 2011 and is filed under Market News.

The global economy has entered a “dangerous new phase” of sharply lower growth, according to the International Monetary Fund (IMF). The organisation warned that continuing political and economic woes in the US and eurozone could force them back into recession. The IMF says t…

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Intraday calls for 20-09-11

Markets likely to open lower, support for Nifty at 5020 Buy ACC around 1040, Target: 1060, SL 1025 (trade in small quantity) 1.33pm – buy icici bank at 875, target: 890. Stoploss: 864 …

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Intraday calls for 19-09-11

Markets likely to open lower. Support for nifty is at 5025 and resistance at 5135 If markets show recovery later during the day, buy: CESC LTD …

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June 2011 quarter performance: Satyam Computer Services back on the growth track

Posted on: September 19th, 2011 and is filed under Market News.

Satyam Computer Services, which uses Mahindra Satyam as its brand identity, finally seems to be back on the growth track, suggests its June 2011 quarter performance. Some of the major lawsuits in the US courts, which were filed by its investors after its former promoter Ramalinga Raju ann…

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Enough is enough, says India Inc

Posted on: September 17th, 2011 and is filed under Market News.

The Reserve Bank of India’s 12th rate hike on Friday has evoked sharp reactions from Corporate India. Companies from auto to real estate, infrastructure and fast moving consumer goods have expressed their angst at the central bank’s 25 basis point hike. Most have described the…

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Intraday calls for 16-09-11

Markets likely to open higher, resistance at 5180, support at 5050 Buy DLF at 208, Target: 213, SL 204 …

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