Quotes with Resistance & Support
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Intraday calls for 26-06-09

Buy Tata Steel at 400, target: 414. Stoploss: 395 Buy National Aluminium Company at 305, target: 314. Stoploss: 301 If markets show weakness later during the day, short sell: Larsen and Tubro. I won’t be online till late afternoon as I have to go out for some work. …

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SEBI bans 5 for falsely cornering Pyramid Samira shares

Posted on: June 25th, 2009 and is filed under Stock News.

MUMBAI: Market regulator SEBI on Thursday banned 5 persons, who are allegedly involved in the Pyramid Samira case, from buying and selling shares in capital markets for 3 years after the watchdog found they had cornered employee quota shares of the company by pretending to be on its role…

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Hold TCS, target of Rs 400: PINC Research

Posted on: June 25th, 2009 and is filed under Brokerage Recommendations.

PINC Research has upgraded its rating on Tata Consultancy Services (TCS) from sell to hold, with price target of Rs 400, in its report dated June 24, 2009. “We upgrade our estimates on TCS from ‘SELL’ to ‘HOLD’ recommendation with a target price of Rs 400, a…

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Buy Infosys, target of Rs 1950: PINC Research

Posted on: June 25th, 2009 and is filed under Brokerage Recommendations.

PINC Research has upgraded its rating on Infosys Technologies from sell to buy, with price target of Rs 1950, in its report dated June 24, 2009. “We upgrade our rating on Infosys from ‘SELL’ to ‘BUY’ with a target price of Rs 1,950, an upside of 12%. We beli…

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Buy Divis Labs, target of Rs 1370: Hem Securities

Posted on: June 25th, 2009 and is filed under Brokerage Recommendations.

Hem Securities has initiated a buy rating on Divi’s Laboratories with a target price of Rs 1370 in its research report. “Being a pioneer in the API and CRAMS segment, Divi’s Laboratories has posted tremendous growth over the past few years. With the leadership in dextrometh…

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Areva bags Rs 1,200-cr power project from JSPL

Posted on: June 25th, 2009 and is filed under Stock News.

Areva T&D India, an arm of French power equipment maker Areva, today said it has bagged an order worth about Rs 1,200 crore from domestic steel major Jindal Steel & Power Ltd (JSPL) for a power project. The company has been awarded this contract for a 400/220 kV substation and …

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Inflation at -1.14% for week ended June 13

Posted on: June 25th, 2009 and is filed under Press Releases.

The government announced that it revised inflation for week ended April 18 to 1.62% as compared to 0.57%. India’s inflation, as measured by the Wholesale Price Index (WPI), fell for a second successive week, largely owing to last year’s high base and partly due to the slowdown in…

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Intraday calls for 25-06-09

Buy Bombay Dyeing at 316, target: 327. Stoploss: 312 Buy Reliance communications at 302, target: 314. Stoploss: 299 …

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Difference between Trading and Investing

Posted on: June 25th, 2009 and is filed under .

A Large number of people are confused with what is trading and what is Investing. Investing on one hand is like buying a asset (a bunch of stocks is Stock market) and holding it for a long time say 10 or more years. Many Investors buy stocks for long run and then sell them off in huge pr…

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What is Technical Analysis ? How is it different from Fundamental Analysis ?

Posted on: June 25th, 2009 and is filed under .

The stock market used to be filled with technical analysts deciding what to buy and sell, until it was decided that their success rate is no better than chance. Now technical stock analysis is virtually non-existent. Research and examination of the market and securities as it relates to …

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