Quotes with Resistance & Support
Market Information

Intraday calls for 21-06-10

Markets likely to see a gap up opening. Resistance for nifty is at 5330. Buy United Phosphorus Ltd at 190.30, target: 198. Stoploss:186 If markets show weakness later during the day, sell: ICICI Bank Trade in small quantities. …

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Intraday calls for 18-06-2010

Markets likely to open slightly lower. Support for nifty is at 5230 If markets show recovery later during the day, buy: Exide Industries. …

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Earnings Warnings Threaten Double-Dip Summer – Wall Street

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

Commentary: Focus to shift from Europe in July Add earnings warnings and lower estimates to the widening mess of oil spillage, BP PLC’s fight for its life and Europe’s debt crisis this summer. Concerns about the impact on corporate profits from things like the weak euro and …

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Intraday calls for 17-06-10

Markets likely to see a flat opening. Resistance for nifty is at 5255 and support at 5180 Buy Biocon Ltd at 311.30, target: 321. Stoploss: 306. Penny Stock Alert: CENLUB …

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Cenlub Industries – 105% Profits

Posted on: June 17th, 2010 and is filed under Penny Stocks.

Call given at 20, CMP 41.50, Mid term investors are advised to book profits at 41, Long term investors may book partial profits and continue to hold the rest Cenlub Industries is in the field of design, manufacture and supply of Centralised Lubrication System for various Machines, Plants…

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Intraday calls for 16-06-10

Markets likely to open slightly higher. Resistance for nifty is at 5250 and support at 5180. Buy Zydus Wellness Ltd at 496.40, target: 510. Stoploss: 487 Buy Karur Vysya Bank Ltd at 529.95, target: 543. Stoploss: 520 Trade in small quantities …

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New Direct Tax Code

Posted on: June 15th, 2010 and is filed under Market News.

The government today said that it will introduce a draft legislation on the Direct Taxes Code (DTC), which would replace half-a-century old Income Tax Act, in Parliament in the forthcoming monsoon session. The first draft tax code was released in August 2009 and received more than 1,600 c…

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China’s US govt debt holdings hit 2010 high: Treasury

Posted on: June 15th, 2010 and is filed under Press Releases.

WASHINGTON: China has raised its US government debt holdings to the highest level this year, according to US Treasury data published on Tuesday. The Chinese government raised its US Treasury bond holdings to 900.2 billion dollars in April, its highest level since November 2009, the Treas…

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Intraday calls for 15-06-10

Markets likely to see a flat opening. Resistance for nifty is at 5240 and support at 5150 Buy Consolidated Construction Consortium Ltd (CCCL) at 86.05, target: 90. Stoploss: 83.50 …

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Intraday calls for 14-06-10

Markets likely to open slightly higher. Resistance for nifty is at 5150 and support at 5060. Buy Pipavav Shipyard Ltd at 92.45, target: 96. Stoploss: 89 11.42am – Intraday cum btst – buy Deepak fertilizers at 127.85 target: 133. Stoploss: 123 …

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