Quotes with Resistance & Support
Market Information

Intraday calls for 23-02-11

Markets likely to open lower, Support for nifty is at 5430 and resistance near 5580 If markets show recovery later during the day buy Tata steel 2.23pm – hedge longs with a 5400 put at 14. stoploss: 5510 Read More..

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Libya on verge of civil war, after protesters seized control of military bases and tanks

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

THE son of Libyan leader Muammar Gaddafi has warned his country is on the verge of civil war after protesters seized control of military bases and tanks. But while he admitted mistakes had been made in a brutal crackdown by his father’s regime, Seif al-Islam Gaddafi said there woul…

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European markets fall, crude breaches $105/b as Libyan turmoil deepens

Posted on: February 22nd, 2011 and is filed under Market News.

ICE Brent crude futures climbed above $105/barrel Monday as the deepening political unrest in Libya began to affect the country’s oil production, up $2.36/b from Friday’s close. US light crude futures on NYMEX surged by $3.30/b to $89.50/b. Prices subsequently dropped back, w…

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Intraday calls for 22-02-11

Markets likely to open flat, next resistance at 5560 Buy Gail at 448-450, Target: 460, SL 440 – (Continue to hold gail ) Nifty Index/Future Live Chart with TOP Indicators – Click to view

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BP, Reliance in $7.2bn deal

Posted on: February 22nd, 2011 and is filed under Market News.

British firm to buy 30% in RIL’s oil & gas fields, investment may touch $20 bn. In the biggest foreign direct investment (FDI) into India, BP, the world’s fourth-largest energy company, will pay $7.2 billion for a 30 per cent stake in 23 oil and gas blocks of Reliance Industries…

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Intraday calls for 21-02-11

Markets likely to open flat. Support for nifty is at 5430 Buy REC ltd at 233-236, target: 242. Stoploss: 228 Nifty Index/Future Live Chart with TOP Indicators – Click to view

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International news of the week

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

Saturday Cairo: Egypt’s military leadership vows to oversee a “peaceful transition” to democracy and pledges its commitment to all international treaties, a day after Hosni Mubarak bowed out as President in the wake of an unprecedented uprising against his 30-year rule….

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Intraday calls for 18-02-11

Markets likely to open flat, resistance at 5580, support 5450 Sell Bombay Dyeing on rise for a target of 345 – (book profit in bombay dyeing at 354) 1.45 pm – buy bajaj electric in small quantity at 224, target: 229-231. stoploss: 219 Read More..

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Reliance Mutual Fund launches first SIP in gold

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

Reliance Mutual Fund today launched India’s first systematic investment plan (SIP) in Reliance Gold Savings Fund, wherein premium will be made on a monthly basis. CEO of Reliance Capital Asset Management Sundeep Sikka said it was the first SIP in gold introduced in the domestic mut…

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Intraday calls for 17-02-11

Markets to open flat, Resistance for nifty is at 5520 and support at 5460 Buy Aegis Logistics buy at 292, target: 300. stoploss: 285 11.41am – Sell educomp (fut) at 492 target: 482. Stoploss: 500 Nifty In…

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