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Food inflation over 10 pc, RBI may hike rates

Posted on: September 1st, 2011 and is filed under Market News.

New Delhi: After a gap of over five months, food inflation entered the double-digit zone at 10.05 per cent for the week ended August 20, with Finance Minister Pranab Mukherjee describing the trend as “disturbing” and experts saying RBI may go in for another rate hike. The wee…

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Now, a coal scam unearthed in Chhattisgarh, MP

Posted on: August 31st, 2011 and is filed under Market News.

New Delhi: CNN-IBN unravels a Bellary-like coal scam in Chattisgarh and Madhya Pradesh, where Prakash Industries, a heavyweight in the mining and steel sector, forged documents to get coal mines allocated in both the states and diverted nearly 50 per cent of coal to the black market. For…

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India’s Q1FY12 GDP at 7.7% vs 9.3% (YoY) – Lowest in 6 quarters

Posted on: August 30th, 2011 and is filed under Market News.

India’s gross domestic product slowed down to 7.7% in the first (April-June) quarter of fiscal year 2012 as against 9.3% recorded in the same quarter last year. It is the lowest in 6 quarters …

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Intraday calls for 30-08-11

Posted on: August 30th, 2011 and is filed under Intraday Tips, Daytrading, Intraday tips for free NSE BSE Breakouts Daily intraday tips calls.

Markets likely to open higher, Resistance for nifty is at 4960. Buy Axis bank at 1040, Target: 1060, SL 1025 (trade in small quantity) 10.35am- buy Idea at 100, target: 105. Stoploss: 96. (1-2 day hold) …

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Intraday calls for 29-08-11

Posted on: August 29th, 2011 and is filed under Intraday Tips, Daytrading, Intraday tips for free NSE BSE Breakouts Daily intraday tips calls.

Markets likely to open higher. Resistance for nifty is at 4840. Buy Hindustan Unilever Ltd at 320, target: 327. Stoploss: 316. Trade in small quantity …

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Intraday calls for 26-08-11

Posted on: August 26th, 2011 and is filed under Intraday Tips, Daytrading, Intraday tips for free NSE BSE Breakouts Daily intraday tips calls.

Markets likely to open flat, next support at 4780, resistance at 4860 Buy GMDC at 179, Target: 184, SL: 175 …

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Intraday calls for 25-08-11

Posted on: August 25th, 2011 and is filed under Intraday Tips, Daytrading, Intraday tips for free NSE BSE Breakouts Daily intraday tips calls.

Markets likely to open higher, resistance at 4950, Support at 4830 Buy M&M at 698, Target: 710, SL 690 …

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Intraday calls for 24-08-11

Posted on: August 24th, 2011 and is filed under Intraday Tips, Daytrading, Intraday tips for free NSE BSE Breakouts Daily intraday tips calls.

Markets likely to open flat, resistance at 4950, Support at 4830 Sell Hindalco at 145.50, Target: 141, SL 149 …

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Markets recover from days low on short covering

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

Markets off day’s low SI Reporter / August 23, 2011, 11:21 IST The Sensex slipped over 200 points from an opening high of 16,447, to touch a low of 16,213. The index, however, has recovered from the day’s low, and is now down 30 points at 16,312. The NSE Nifty is down fi…

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Fibonacci Retracement on Chartink.com

Posted on: August 23rd, 2011 and is filed under Announcements.

Fibonacci Retracement levels have been added in the Drawing tools of Chartink.com. Fibonacci retracement is a very popular tool among technical traders and is based on the key numbers identified by mathematician Leonardo Fibonacci in the thirteenth centu…

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