Quotes with Resistance & Support
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Intraday calls for 07-10-10

Markets likely to open flat. Nifty has resistance at 6220 and support at 6130 Buy Unitech Ltd at 97.55, target: 101. Stoploss: 94 Buy Shree Ganesh Jewellery House Ltd at 176.50, target: 182. Stoploss: 171 Trade in small quantities …

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Intraday calls for 06-10-10

Markets likely to open gap up Buy Pantaloon Retail at 520, Target: 535, SL 512 – (if possible continue to hold till tomorrow. has strong support at 500-510 levels. likely to do well) Buy NHPC at 33, Target: 34.20, SL 32 …

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Japanese rate cut lifts world markets; Dow up more than 200 points

Posted on: October 6th, 2010 and is filed under Market News.

US stocks get a lift from services sector gains; Japanese rate cut lifts world markets NEW YORK (AP) — Stocks rose Tuesday following news that activity expanded in the U.S. services sector last month. World markets also rose after the central bank of Japan surprised investors by …

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Intraday calls for 05-10-10

Markets likely to see a flat opening. Support for nifty is at 6140 and resistance at 6220 Buy Kajaria Ceramics Ltd at 78.40, target: 82.50. Stoploss: 75.50 …

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Grey market bets big on Coal India issue

Posted on: October 5th, 2010 and is filed under Market News.

India’s largest initial public offering (IPO), to be floated by Coal India Ltd, is generating enormous interest in the grey market. Investment bankers and stockbrokers that control this unregulated market are already trading CIL shares at a Rs 10-12 premium — even before the price ban…

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Intraday calls for 04-10-10

Markets likely to open slightly higher. Support for nifty is at 6100 Buy Hanung Toys and Textiles Ltd at 323.50, target: 331. Stoploss: 316- (book profits at 333) 9.44am – book profits in btst KPR mill at 219 …

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Ayodhya verdict sparks off online activism

Posted on: October 3rd, 2010 and is filed under Market News.

“Stay together, stay one. India first, all else after” — tweeted Amitabh Bachchan on the morning of September 30. About 81 million internet subscribers across the country echoed his views throughout the day. Passions ran high as Indian users reinvented social activism by discussing…

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Maruti, Hyundai, M&M report record sales

Posted on: October 2nd, 2010 and is filed under Market News.

Buoyant growth continued unabated in the passenger car and commercial vehicle segments, with sales (including exports) of the country’s leading automobile makers rising 20.6 per cent in September to 290,252 units, compared to 240,656 units in the month last year. The leading car makers…

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Intraday calls for 01-10-10

Markets likely to open slightly higher. Support for nifty is at 5980 and resistance at 6100 Buy NIIT Technologies Ltd at 202.80, target: 210. Stoploss: 197 – (Book profits at 211) 11.10am – buy KPR mills at 210.70, target: 216. Stoploss: 205 – Looks strong Technically …

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Sebi bars 197 FIIs, 342 sub-accounts from market

Posted on: September 30th, 2010 and is filed under Market News.

Mumbai: In a late development, capital market regulator Securities and Exchange Board of India (Sebi) on Thursday declared 197 foreign institutional investors (FIIs) and 342 sub-accounts as non-compliant entities. Funds of ABN AMRO Bank, Standard Chartered and Bank of New york are among t…

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