Quotes with Resistance & Support
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HDIL can give 20-30% returns: Bose

Posted on: July 27th, 2009 and is filed under Stock Views.

Technical Analyst, Rajat K Bose is of the view that HDIL can give you 20-30% returns over the next three months or even more perhaps. Bose told CNBC-TV18, “Over the weekend what I have seen is a number of stocks that are suggesting that there could be good momentum in them. Already…

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Intraday calls for 27-06-09

Buy Aptech Ltd at 174.65, target: 182. Stoploss: 172 Buy Murudeshwar Ceramics at 31.50, target: 33.50. Stoploss: 30.70 If markets show weakness later during the day, Short sell: RNRL …

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Profits embolden US companies, but revenue lacking

Posted on: July 26th, 2009 and is filed under Market News.

NEW YORK: Corporate America is turning a profit again, but only by spending less, not making more. While recent bullish profit reports have fueled the stock market, a true economic revival will depend on consumers opening their wallets. So far, there’s little evidence of that. Big…

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Mukand Engineers Ltd – 200% Profits

Posted on: July 25th, 2009 and is filed under Penny Stocks.

Call given at 20, CMP 58. Book 50% profits at 58 and hold the rest for Long term Mukand Ltd is part of the Bajaj Groups of companies, one of the most dynamic business groups in India, Bajaj Auto Ltd being the flagship company of the group. The group has substantial manufacturing and mark…

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Stelco Strips Ltd – 80% Profits

Posted on: July 25th, 2009 and is filed under Penny Stocks.

Call given at 11, CMP 19.50+. Book 50% profits at 19.50 and hold the rest for Long term. Stelco Strips Ltd has commissioned Continuous Galvanising Line (CGL) having annual capacity of 60,000 tonnes for the manufacture of G.P & G.C. Sheets adjoining to its manufacturing line of Wider …

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UK economy falls in Q2, dashing recovery hopes

Posted on: July 24th, 2009 and is filed under Press Releases.

LONDON (AP) — The British economy contracted by twice as much as economists had forecast in the second quarter, leaving it mired in recession and dashing recent hopes of an imminent recovery as premature. Official figures released on Friday showed that the economy shrank by 0.8 per…

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Intraday calls for 24-07-09

Buy Rain Commodities at 153, target: 161. Stoploss: 150 If markets show weakness later during the day, Short sell: Satyam Computer Services. …

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Adani Power fixes IPO price band at Rs 90-100/sh

Posted on: July 23rd, 2009 and is filed under Press Releases.

Adani Power, a flagship company of Adani Group, has fixed IPO (initial public offering) price band at Rs 90-100/share. The minimum IPO bid slot set at 65 shares, reports CNBC-TV18. A power project development company, promoted by Adani Enterprises Limited, with total revenues of Rs 196 b…

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eBay Inc Q2 profit drops 29 per cent

Posted on: July 23rd, 2009 and is filed under Stock News.

New York: Online auction firm eBay Inc has reported a 29 per cent drop in net profit at USD 327 million in the second quarter ended June 30, mainly due to drop in sales of its marketplaces business. The company had a net profit of USD 460 million in the corresponding year ago period, eBa…

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Idea Cellular Q1 net at Rs 309.21 cr

Posted on: July 23rd, 2009 and is filed under Stock News.

Idea Cellular Ltd has announced the following unaudited results for the quarter ended June 30, 2009: The company has posted a net profit after tax of Rs 309.21 crore for the quarter ended June 30, 2009 as compared to Rs 269.53 crore for the quarter ended June 30, 2008. Total Income has in…

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