Quotes with Resistance & Support
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Carborundum Universal – Breaks out- Target hit!!

Posted on: June 4th, 2010 and is filed under Techinicals Breakouts NSE BSE.

Carborundum Universal is facing strong resistance at 198-203 levels and has made a triple top in this range. Once it manages to cross 205 one can enter it for a short term target of 218-222. Stoploss: 190 …

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Neo Corp International Ltd

Posted on: June 3rd, 2010 and is filed under Penny Stocks.

Neo Corp International Limited (NCIL) since its inception in 1986, is dedicated in making tailor designed products under Packtech. NCIL reached the status of a fore-runner internationally as a reliable supplier of Packtech products.NCIL has come a long way from a small woven sack factory …

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Rs 3.50 hike in petrol, diesel prices on the cards

Posted on: June 3rd, 2010 and is filed under Press Releases.

The Government may, from next week, find it easier to decontrol petrol and diesel prices as softening global rates would require fuel costs to be raised by just Rs 3.50 a litre for the purpose. An Empowered Group of Ministers (EGoM), headed by Finance Minister Pranab Mukherjee, is schedu…

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Intraday calls for 03-06-10

Markets likely to see a gap up opening. Resistance for nifty is at 5100 and support at 5010. Buy National Aluminium Company Ltd at 427. 45, target: 438. Stoploss: 420. …

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Intraday calls for 02-06-10

Markets likely to see a flat opening. Resistance for nifty is at 5000 and support at 4940. Buy Tech Mahindra Ltd at 638.15, target: 652. Stoploss: 625 Trade in small quantities. …

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Nifty ends below 200 DMA

Posted on: June 1st, 2010 and is filed under Market News.

Nifty today braked its 200 DMA of 5003 and ended at 4970, falling 116 points, Sensex slipped 372 points at 16,572. The Sensex was in the red for the whole day. However, a freak trade, possibly in Reliance, saw the Sensex plunging over 600 points to a low of 16,318, trading error in index…

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Intraday calls for 01-06-10

Markets likely to open slightly lower. Support for nifty is at 5020 and resistance at 5110 Buy Vijaya Bank at 58.95, target: 62. Stoploss: 57.20 Buy Lupin at 1860.20, target: 1885. Stoploss: 1842 – (book profits at 1880) …

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Suzlon ends difficult year on Rs 983-cr loss

Posted on: May 31st, 2010 and is filed under Stock News.

Wind turbine maker Suzlon Energy posted a net loss of Rs 188 crore for the fourth quarter ended March 31, as against a net profit of Rs 314.9 crore in the year-ago period, hurt by continued turbulent times for the wind energy industry. In the fourth quarter of 2009-10, the group clocked …

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Gross domestic product – GDP data Defination & Calculation

Posted on: May 31st, 2010 and is filed under Market News.

The gross domestic product (GDP) or gross domestic income (GDI) is a measure of a country’s overall economic output. It is the market value of all final goods and services made within the borders of a country in a year. It is often positively correlated with the standard of living, …

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Intraday calls for 31-05-10

Markets likely to see a flat opening. Support for nifty is at 5000 and resistance at 5095. Buy Shoppers Stop Ltd at 420-424, target: 432. Stoploss: 415. Buy Aurobindo Pharma at …

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