Quotes with Resistance & Support
Market Information

BSE escalates price war with rival NSE

Posted on: February 8th, 2011 and is filed under Press Releases.

Taking its price war with main rival National Stock Exchange (NSE) up a notch, the Bombay Stock Exchange (BSE) has announced the waiver of all transaction charges for brokers from semi-urban areas with effect from next month. The move is a part of the BSE’s efforts to attract more …

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Intraday calls for 08-02-11

Markets likely to open flat, Support for Nifty is at 5365 and resistance at 5440 Buy Glenmark Pharma around 296, Target: 305, SL 290 Nifty Index/Future Live Chart with RSI, MACD, Slow Stochastic – Click to…

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Pune land grab case larger than 2G scam: Bombay HC

Posted on: February 7th, 2011 and is filed under Press Releases.

Terming the Pune land grab scam as “larger than the 2G spectrum scam”, the Bombay High Court today said it was inclined to direct Maharashtra government to transfer investigations into the case to CBI. A Division Bench of Justices B H Marlapalle and U D Salvi gave the governm…

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Intraday calls for 07-02-11

Markets likely to open flat. Nifty has support at 5370. Sell Ranbaxy at 524-527, target: 515. Stoploss: 535 – (book profits at 515) 1.41pm – buy 5500 call at cmp 62, target: 75. Stoploss: 5370 – (continue to hold 5500 call till tomorrow) Read More..

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SKS microfinance threatens exit from Andhra

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

Akula urges RBI intervention, says difficult to continue if restrictive law remains. SKS Microfinance may consider pulling out of Andhra Pradesh if the state government does not revoke its recent restrictive legislation on microfinance institutions (MFIs) by April 1. “Until RBI (Reser…

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Black money list revealed, 15 Indians named

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

Names of 15 Indians who have stashed away wealth in offshore banks have been made public by Tehelka magazine in its latest issue. Tehelka claimed it has in possession two more names, but were holding them back for verification. One name is alleged to be that of a prominent politician and…

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Intraday calls for 04-02-11

Markets likely to open flat, resistance at 5560, support 5390 Buy Aban offshore at 671, Target: 685, SL 660 – (book profits at 684) 11.02 AM – Buy Tata motors 1150 Put at 47, target: 55. Stoploss: 1210 – (book profit at 55.20) 2.15 PM – sell pnb fut at 1063 targ…

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Bernanke: More jobs needed for real recovery – Wall Street

Posted on: February 4th, 2011 and is filed under Market News.

Bernanke: Stronger hiring is needed for US economic recovery to be `truly established.’ Jeannine Aversa, AP Economics Writer, On Thursday February 3, 2011, 1:02 pm EST WASHINGTON (AP) — The United States can’t fully recover from the worst recession in decades until hi…

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Marico, Dabur suspend operations in Egypt; trade disrupted on fears of looting

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

International consequences and impact on India will be more severe if situation deteriorates; other companies prefer to wait and watch for the situation to unfold Marico and Dabur have temporarily shut down their units in Egypt and trade between the two countries has been disrupted follo…

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Intraday calls for 03-02-11

Markets likely to open higher, Strong support at 5390, Resistance at 5550 If markets weakens later, go Short on Jubilant Foodworks for a target of 515 Nifty Index/Future Live Chart with RSI, MACD, Slow Stochasti…

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