Quotes with Resistance & Support
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Intraday calls for 25-11-10

Markets likely to open flat, Strong resistance for nifty is at 5990, below which we look weak Buy Crompton Greaves at 340, Target: 346-348, SL 334 – (continue to hold for btst. can see 350) Click here to view Nifty Live Stream…

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Housing scam drags Markets Lower

Posted on: November 24th, 2010 and is filed under Market News.

Markets saw selling pressure today due to the home loan scam, in which the Central Bureau of Investigation (CBI) has arrested eight top officials of LIC Housing Finance, LIC, Central Bank of India, Bank of India, Punjab National Bank and a private financial services company in connection …

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Intraday calls for 24-11-10

Markets likely to open flat. Resistance for nifty is at 5990 Buy Kotak Mahindra Bank at 475-479, target: 492. Stoploss: 466. Click here to view Nifty Live Streaming Chart

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ChartInk plans Real time charts for NSE

Posted on: November 23rd, 2010 and is filed under Announcements.

ChartInk plans Live Charts for Nifty and Nifty 50 Stocks. Currently the Chart plots EOD Candle Sticks and 5, 10, 15 Minutes simple moving average. To view the Chart Visit: http://chartink.com

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North Korea Attacks South Korea – World markets crash!

Posted on: November 23rd, 2010 and is filed under Market News.

Yonhap News agency reported Tuesday that North Korea had fired artillery shells at Yeonpyeong, a South Korean island. Media reports suggest that as many as 70 houses were on fire after the shelling. The attacks from North Korea prompted a South Korean fighter jet to be deployed to the we…

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Intraday calls for 23-11-10

Markets likely to see a gap down opening. Support for nifty is at 5930 and resistance at 6040. On Intraday dips buy GVK Power and Infra around 42 with stoploss at 40. Click here to view Nifty Live Streaming Chart

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Intraday calls for 22-11-10

Markets likely to open gap up. Support for nifty is at 5850 and resistance at 5970. On rise one can short Tata steel near 615-620 levels with stoploss at 630. Avoid fresh longs for now. Nifty looks weak below important support of 6000-6030. Please refer to the below nifty chart. (click …

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NSE Holiday List for 2011

Posted on: November 21st, 2010 and is filed under Market News.

Following is a list of List of Holidays in 2011. 1. New Year – 1st January 2011 – Saturday 2. Republic Day –  26th January 2011 – Wednesday 3. Mahashivratri – 2rd March 2011 – Wednesday 5. Ram Navmi – 12th April 2011-  Tuesday 6. Dr….

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Axis shareholders pay for Enam shareholders’ wealth creation

Posted on: November 20th, 2010 and is filed under Market News.

As Enam promoters bow out with one of their greatest trades ever, high-risk financial takeovers by banks a la Wall Street invades India Axis Bank, which has so far stayed away from the stock-broking business and has had an insignificant presence in the investment banking business, is pay…

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Hitachi, PEs eye stake buy in Patni: report

Posted on: November 19th, 2010 and is filed under Market News.

Japan’s Hitachi and PE firms including Apax Partners have shown interest in buying more than 60 per cent of Indian software firm Patni Computer, an Indian newspaper reported on Friday. The stake is likely to be sold at about Rs 500 a share, the newspaper said, citing people with…

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