Quotes with Resistance & Support
Market Information

NSE plans new short-selling system

Posted on: May 28th, 2010 and is filed under Market News.

Move aimed at luring more investors to the market. The National Stock Exchange (NSE), the country’s largest bourse, plans to offer a new system for short sales within the next few weeks, a move aimed at luring investors to the local market after expanding in the US and Singapore. The c…

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StanChart India public offer 24% covered by 1.05 pm

Posted on: May 28th, 2010 and is filed under IPO Views.

The public portion of UK bank Standard Chartered’s sale of Indian depositary receipts was 24 per cent covered as of 1.05 pm (0735 GMT) on Friday, on the last day of book building in a deal that drew sluggish response on its first three days, exchange data showed. Of the 204 million…

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Intraday calls for 27-05-10

Markets likely to see a flat opening. Support for nifty is at 4880-4900. Resistance at 4970 Buy Omnitech Infosolutions Ltd at 153.50-155.60, target: 160. Stoploss: 150 Sell Amtek Auto at 156.55-158, target: 152. Stoploss: 160 …

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Intraday calls for 26-05-10

Markets likely to open slightly higher. Resistance for nifty is at 4880 and support at 4780. Buy Redington India Ltd at 391.10, target: 405. Stoploss: 384 – (book profits at 402) Buy Read More..

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HUL posts strongest profit in last 14 quarters

Posted on: May 25th, 2010 and is filed under Stock News.

Hindustan Unilever (HUL) today reported the highest net profit growth in last fourteen quarters on the back of one time exceptional income in the March quarter. Hindustan Unilever Limited (HUL) announced its results for March Quarter 2010 and financial year ending on 31st March 2010. In …

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Markets drag on worries about debt loads in Europe

Posted on: May 25th, 2010 and is filed under Market Outlook.

Global Market worldwide were down by more than 2.5%, Sensex closed down 447 points at 16,022 while, Nifty was down 137 points and finally closed at 4,807, Markets seemed to loose its grip late afternoon, Nifty saw a drop of more than 150 points from its day’s high. Sensex closed be…

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Intraday calls for 25-05-10

Markets likely to open slightly lower. Support for nifty is at 4820. Sell Amtek Auto at 159.70, target: 152. Stoploss: 164. – (book profits at 154.50) If markets show some recovery later during the day, buy: JK Lakshmi Cement. …

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Markets: Late selling wipes out gains

Posted on: May 25th, 2010 and is filed under Market News.

The markets pared gains at close as realty, metals fell apart, however, the Reliance group stocks ended on a firm note following the Ambani brothers truce. The Indian bourses today pared all its gains and slipped into the red towards the end of the trading session owing to weakness in …

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Intraday calls for 24-05-10

Markets likely to see a gap up opening. Resistance for nifty is at 5000 and support at 4850 Buy Allahabad Bank at 156.75, target: 162. Stoploss: 153 Buy Dewan Housing at 219.85, target: 227. Stoploss: 214. (book at 225) …

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158 killed in Mangalore air crash, 8 survive

Posted on: May 22nd, 2010 and is filed under Market News.

As many as 158 persons were killed when an Air India Express Boeing plane from Dubai with 166 passengers and crew on board overshot the touchdown point during landing at the Bajpe airport here, crashed down a cliff and burst into flames. Eight persons miraculously survived one of the cou…

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