Quotes with Resistance & Support
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Intraday calls for 19-08-10

Markets likely to open flat, strong resistance at 5510. Buy SKF India at 586, Target: 596, SL 579 Buy LT 1794, Target: 1815-1820, SL 1770 Trade in small quantity …

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Intraday calls for 18-08-10

Markets likely to open gap up Buy Dish TV India Ltd at 51.95, Target: 53, SL 50.20 Buy IDBI Bank Ltd at 129, Target: 133, SL 126 (Book profits around 132.50) 2:30pm: Btst not allowed for Today, since tomorrow is a Clarance Holiday (Markets are open) …

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Earnings report cheers up U.S Markets

Posted on: August 17th, 2010 and is filed under Market News.

U.S Stocks rose Tuesday after reports showed the first rise in wholesale prices since March and a big jump in industrial production. A slight improvement in the weak housing market and better-than-expected earnings from Home Depot Inc. and Wal-Mart Stores Inc. also gave investors a reaso…

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Intraday calls for 17-08-10

Markets likely to open flat. Resistance for nifty is at 5500 and support at 5350. Buy EIH Ltd at 135, Target: 142, SL: 131 2:55pm: hold EIHOTEL for 2-3 days time, looks strong Technically, it can add 5-7%, maintain the same SL …

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Intraday calls for 16-08-10

Markets likely to open flat. On dips buy Nitin Fire Protection and Godrej Industries …

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Intraday calls for 13-08-10

Markets likely to see a flat opening. Resistance for nifty is at 5500 and support at 5350. Buy Housing Development & Infrastructure Ltd at 282-285, target: 293. Stoploss: 277. Trade in small quantity. …

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RBI approves merger of BoR with ICICI

Posted on: August 12th, 2010 and is filed under Press Releases.

The Reserve Bank of India (RBI) today approved the merger of Bank of Rajasthan (BoR) with ICICI Bank, the country’s largest private sector lender. The merger will come into effect from tomorrow.”All branches of BoR will function as branches of ICICI Bank with effect from Augu…

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Intraday calls for 12-08-10

Markets likely to open lower. Resistance for nifty is at 5500 and support at 5350. If markets show recovery later during the day, buy: Jindal Steel & Power Ltd. – (book profits at 656) Trade in small quantity. …

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US economic revival has lost steam, says US economic

Posted on: August 11th, 2010 and is filed under Press Releases.

The Federal Reserve has said the pace of US economic recovery has slowed down in the recent months, giving out strong signals that the world’s largest economy continues to grapple with its financial woes. The apex bank’s latest comment is one of the most pessimistic in many m…

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Intraday calls for 11-08-10

Markets likely to open flat. Resistance for nifty is at 5500 and support at 5440. Buy OnMobile Global Ltd at 307-310, target: 318. Stoploss: 300. -(continue to hold OnMobile for 1-3 days. maintain same sl at 300. can see 320-323.) If markets show weakness later during the day, sell: Ste…

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