Quotes with Resistance & Support
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Hold Jaiprakash Associates, target of Rs 237: Sharekhan

Posted on: June 18th, 2009 and is filed under Brokerage Recommendations.

Sharekhan has maintained its hold rating on Jaiprakash Associates with a price target of Rs 237 in its report dated June 17, 2009. “JP Associates Ltd (JAL) recently reported its consolidated and standalone FY2009 numbers after the amalgamation of four of its subsidiaries with itsel…

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Buy Orient Paper, target of Rs 66: Emkay Global

Posted on: June 18th, 2009 and is filed under Brokerage Recommendations.

Emkay Global Financial Services is bullish on Orient Paper & Industries (OPIL) and has recommended a buy rating on the stock with a target price of Rs 66 in its June 16, 2009 report. Orient Paper Q4FY09 pre exceptional net profit of Rs 629 million is above our estimates (Rs 500 milli…

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Intraday tips for 19 June 2009

Posted on: June 18th, 2009 and is filed under free intraday tips.

Best intraday tips, nse bse intraday stock calls for free, hotttest intraday calls, BTST stock calls, nse tips, stock market india, hot tips, Top stocks for intraday: http://nseguide.com/category/intraday-calls-tips/

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Suzlon Energy can test Rs 85-86: Mohindar

Posted on: June 18th, 2009 and is filed under Stock Views.

Rahul Mohindar of Viratechindia is of the view that Suzlon Energy can test Rs 85-86. Mohindar told CNBC-TV18, “Suzlon broke a good support level at Rs 105 and that makes reason to believe that you are probably going to retest levels like Rs 85-86 so we think the correction is going…

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Realty index sheds 11% in two days

Posted on: June 18th, 2009 and is filed under Stock News.

The Realty index was the major laggard today and tumbled to a low of 3,193. The index finally ended with a loss of 6% at 3,190. The index has slumped over 11% from Tuesday’s close of 3,599. Unitech dropped 9% to Rs 76. DLF slipped 3% to Rs 322. HDIL, Mahindra Lifespace Developer…

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Tata Comm gains on stake sale buzz

Posted on: June 18th, 2009 and is filed under Stock News.

At 13:00pm (IST), shares of Tata Communications have gained by 1% to Rs475. Shares of Tata Communications have gained by 1% to Rs475 following reports that the company may sell a minority stake in Tata Communication Internet Services to rope in a strategic partner with proven experience …

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Selling continues… Sensex near day’s low

Posted on: June 18th, 2009 and is filed under Market News.

The Sensex slipped to a low of 14,205, down 425 points from the day’s high.The index is now down at 14,271, down 251 points. The BSE Realty index has tumbled 8% to 3,110. The Metal index has slumped 5.5% to 10,646 and the Power index has shed 4.5% to 2,759. Jaiprakash Associates a…

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Wockhardt sells German unit for nearly Rs 120cr; stk up

Posted on: June 18th, 2009 and is filed under Stock News.

Wockhardt touched an intraday high of Rs 138 and an intraday low of Rs 132.50. At 10:01 am, the share was quoting at Rs 135, up Rs 4.55, or 3.49% on the NSE. The company has sold its German unit to Mova Pharma for nearly Rs 120 crore, reports CNBC-TV18. It was trading with volumes of 69…

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Intraday calls for 18-06-09

Markets likely to be volatile. Nifty has support at 4350.. if we trade below this level for some time, we could see further downside. Buy Castrol around 360, target: 372. Stoploss: 356. Sell Reliance Capital below 895, target: 870. Stoploss: 908. …

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RNRL may intervene in RIL-NTPC case

Posted on: June 17th, 2009 and is filed under Stock News.

Close on the heels of the Bombay High Court’s gas supply judgement in its favour, Anil Ambani group firm Reliance Natural Resources (RNRL) is all set to intervene in another case related to gas supply between Mukesh Ambani-led RIL and state-run power producer NTPC. “RNRL will…

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