Quotes with Resistance & Support
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Watch a pirated film and fund terrorism

Posted on: April 23rd, 2010 and is filed under Market News.

It is a damning report. The New York-based Rand Corporation’s 182-page report, ‘Film piracy, organized crime and terrorism’ essentially says film piracy is increasingly becoming a way to finance terrorism. It draws examples from North America, China, Spain, Italy, Hong Kong, and Ind…

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Intraday calls for 22-04-10

Markets likely to see a slightly lower opening. Support for nifty is at 5150 and resistance at 5260. If markets show some recovery later during the day, buy: The Indian Hotels & Piramal Glass …

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Intraday calls for 21-04-10

Markets likely to open flat. Nifty has support at 5150 and resistance at 5260. Buy Great Eastern Shipping Company Ltd at 332.75, target:342. Stoploss: 326 Buy Supreme Petrochem Ltd at 44.90, target: 47. Stoploss: 42.50 …

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Credit Policy: RBI raises policy rates, CRR by 25 bps

Posted on: April 20th, 2010 and is filed under Market News.

In it annual credit policy review, the Reserve Bank of India raised the repo, reverse repo rates and the CRR by 25 basis points each. This is in line with street expectation, although a section of the market was expecting a 50 bps hike in the CRR. Markets have started witnessing a relief …

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Intraday calls for 20-04-10

Markets likely to see a flat opening. Support for nifty is at 5150 and resistance at 5260 If markets show recovery later during the day, buy: Time Technoplast & DIC India – (DIC India – book profits at 259) 1.49pm – to hedge longs buy a 5200 put at cmp 50.75 with …

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Federal Bank – Target hit!!

Posted on: April 19th, 2010 and is filed under Techinicals Breakouts NSE BSE.

Federal bank had made a triple top formation in the 267-271 and is currently trading at 276. one can enter it for short term with a target of 295-300. Stoploss: 262 …

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Intraday calls for 19-04-10

Markets likely to see a gap down opening. Nifty has strong support at 5150. If markets show recovery later during the day, buy: JSW Steel Options – If Nifty manages to hold onto 5160-5170 for some time after opening, one can enter a 5100 call with strict sl at 5150 -(book profits …

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HOLD EVERYTHING: The SEC’s Fraud Case Against Goldman Seems VERY Weak

Posted on: April 19th, 2010 and is filed under Market News.

We have now read the SEC’s fraud allegations against Goldman and Fabrice Tourre in detail. This will sound surprising given how much Goldman’s stock and the equity market have been hammered by the allegations, but here’s our initial take: The SEC’s case against …

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Intraday calls for 16-04-10

Markets likely to see a flat opening. Support for nifty is at 5240 and resistance at 5320 If markets show recovery later during the day, buy: Sonata software & Shrenuj & Company 11.02am – options – buy Punj lloyd 170 call at cmp 5.70 with strict sl at 169 (closing …

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Intraday calls for 15-04-10

Markets likely to open higher. Resistance for nifty is at 5380-5400 and support at 5300. Buy V I P Industries Ltd at 287.40, target: 297. Stoploss: 281 …

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