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U.S. Loses AAA Credit Rating as S&P Slams Debt, Politics

Posted on: August 6th, 2011 and is filed under Market News.

Standard & Poor’s downgraded the U.S.’s AAA credit rating for the first time, slamming the nation’s political process and criticizing lawmakers for failing to cut spending enough to reduce record budget deficits. S&P lowered the U.S. one level to AA+ while keeping the out…

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Biggest weekly fall of the year

Posted on: August 5th, 2011 and is filed under Market News.

Markets saw its biggest weekly fall of 2011, down by 6.2% (as on 12:30pm). Nifty fell by more than 200 Points today, trading at 5120, breaking major support in Intraday. Nifty also touched its 52-week low today. Heavyweights Reliance Industries, ITC, ICICI Bank, Bharti Airtel and SBI were…

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Intraday calls for 05-08-11

Posted on: August 5th, 2011 and is filed under Intraday Tips, Daytrading, Intraday tips for free NSE BSE Breakouts Daily intraday tips calls.

Markets likely to open lower, strong support at 5180 Buy BPCL on dips – (book profit at 708) 12.25am – buy aditya birla nuvo at 938, target: 952. Stoploss: 924 (trade in small quantity) – SL Triggered …

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Dow falls over 500 points – Strong Dollar, Weak Jobs Outlook Fuel Market Plunge

Posted on: August 5th, 2011 and is filed under Press Releases.

“Enjoy it while it lasts” the old saying goes. And much the same can be said about the longevity of the current bounce in the beaten down U.S. dollar. Today’s undeserved jump has been fueled by not one, but two Central bank interventions in as many days, as both Tokyo an…

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Intraday calls for 04-08-11

Posted on: August 4th, 2011 and is filed under Intraday Tips, Daytrading, Intraday tips for free NSE BSE Breakouts Daily intraday tips calls.

Markets likely to open flat, Nifty faces support at 5370 Buy Tata Chemicals at 350, Target: 357, SL 344 …

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Intraday calls for 03-08-11

Posted on: August 3rd, 2011 and is filed under Intraday Tips, Daytrading, Intraday tips for free NSE BSE Breakouts Daily intraday tips calls.

Markets likely to open lower, next support at 5370 Sell Tata steel at 564, Target: 556, SL 570 …

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Dow, S&P See Longest Losing Streak Since 2008; Wall St. Plunges Amid Economic Worries –

Posted on: August 3rd, 2011 and is filed under Market News.

NEW YORK (AP) — A sell-off is erasing all of the year’s gains in the stock market. The Standard & Poor’s 500 lost 2.6 percent Tuesday as investors grew increasingly concerned about the economy. The benchmark index is now at its lowest point of the year. A report t…

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Intraday calls for 02-08-11

Posted on: August 2nd, 2011 and is filed under Intraday Tips, Daytrading, Intraday tips for free NSE BSE Breakouts Daily intraday tips calls.

Markets likely to open lower, support for Nifty at 5470 and resistance at 5540 Buy Ranbaxy at 560, Target: 568, SL 554 11.13 – buy hdfc bank at 484, target: 490. Stoploss: 479 …

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Intraday calls for 01-08-11

Posted on: August 1st, 2011 and is filed under Intraday Tips, Daytrading, Intraday tips for free NSE BSE Breakouts Daily intraday tips calls.

Markets likely to open higher, Support at 5460. resistance at 5530 Buy Tech Mahindra at 776, Target: 790, SL 768 …

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Yeddyurappa finally quits as K’taka CM after high drama

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

Ending a three-day standoff with BJP central leadership, Karnataka Chief Minister BS Yeddyurappa today submitted his resignation to the Governor following his indictment in illegal mining scam by the Lokayukta, saying that he has been accused unfairly. Amid high-voltage drama, Yeddyurapp…

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