Quotes with Resistance & Support
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Will Sensex break 1991 record by rising 35%?

Posted on: May 21st, 2009 and is filed under Market Outlook.

A clear mandate to the Congress in the 15th Lok Sabha elections saw the Sensex shooting up 17% in a single day, but the next question is will the benchmark index break another record set in 1991, when it soared by 35% in three months after the announcement of results. Incidentally, the C…

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Intraday calls for 21-05-09

Markets likley to open weak. Short sell: Aban Offshore at 875, target: 853. Stoploss: 886. If markets show recovery later during the day, buy Sical Logistics with a stoploss at 30.80. Target: 34.50 …

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Market Review for 21st May 2009

Posted on: May 20th, 2009 and is filed under Market Outlook.

BSE Sensex: (14061) we had few cycles converging and so we said that I would be cautious’ there were many stocks that did well but profit booking came in the Sensex heavy weights…I would still be cautious as profit booking is expected at these levels as market has given an unusual bon…

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Sensex ends lower; midcaps, smallcaps surge

Posted on: May 20th, 2009 and is filed under Market News.

MUMBAI: Benchmark indices ended lower on profit booking Wednesday but aggressive buying in broader markets saw a sharp rise in broader markets. Bombay Stock Exchange’s Sensex ended at 14,041.34, down 260.69 points or 1.82 per cent. The index touched an intra-day low of 13976.49 and hig…

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What is circuit breaker?

Posted on: May 20th, 2009 and is filed under Press Releases.

The major bourses around the world often go for coordinated cross-market trading halts if a severe market price decline or gain reaches levels that may exhaust market liquidity spreading huge speculation. These limits, known as circuit breakers, may halt trading temporarily or, under extr…

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Intraday calls for 20-05-09

Markets likley to open flat. Sell HDFC around 2370, target: 2330. Stoploss: 2390 If markets show recovery later during the day, buy: Sunil Hitech Engineers …

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Market Review for 20th May 2009

Posted on: May 19th, 2009 and is filed under Market Outlook.

BSE Sensex: (14302) yes we did get a 2 day breakout after a consolidation as expected and the market found some selling pressure too which is but natural after a sustained strong up move…the ideal thing to do after a sustained up move is to take money home…the market technically on cy…

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Unitech sells properties worth Rs 850 cr since March

Posted on: May 19th, 2009 and is filed under Stock News.

NEW DELHI: The country’s second largest realty firm, Unitech, which has decided to focus on affordable housing to improve sales, has sold properties worth Rs 850 crore in last two-and-half months despite slowdown in the realty market. The company has launched projects worth Rs 3,5…

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Sensex swings more than 1,000 points, ends flat

Posted on: May 19th, 2009 and is filed under Market News.

The Sensex today opened with a huge positive gap of 474 points at 14,758 on positive cues from the US markets, but soon slipped into the red and touched a low of 13,834.However, aggressive buying in the realty and banking stocks helped the index to rebound into the positive zone and touch…

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Intraday calls for 19-05-09

Markets likley to open positive following global queues. Not giving any buy calls as I am not sure if today’s positive opening could sustain if profit booking comes in. If we see profit profit booking later during the day, Short sell: Reliance Industries and IFCI …

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