Markets likley to open flat. Buy Orchid Chemicals above 110, target: 116. Stoploss: 107 If markets show weakness later during the day, short sell: Reliance communications. …

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BSE Sensex: (11876) the market still seems to be in a consolidation but it is closer to the zone of resistance and hence the struggle…technically the trend so far is still intact UP but with hiccups… The support for the Sensex is 11500 and the resistance to the up move is at 12569-12…

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Week ahead is likely to be volatile as we near elections. Nifty has strong support at 3530. One can keep this level as a Trailing stoploss/Stoploss for one’s stocks held. Below this level we could see 3400. If Nifty manages to cross 3730, we will see an upmove upto 3850. Nifty achi…

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When stock markets rise, most of the retail investors regret not investing in stocks when they were down. Exactly what people felt when they saw the sensex rise 50% in less than two months to cross the 12,000 mark. Instead, when markets plunge, they get scared and sell stocks or stop inve…

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For the week, the benchmark Sensex advanced 4.4% to close at 11,876 and Nifty added 4.5% to shut shop at 3,620. The stress seemed to have drained out for some time as the benchmark Sensex breached the 12k levels for the first time since October ‘08 registering its ninth consecutive wee…

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The Foreign institutional investors (FIIs) were net sellers of Rs 153.24 crore in futures and options segment on Friday. According to data released by the NSE, FIIs were net sellers of index futures to the tune of Rs 423.03 crore while bought index options worth Rs 482.53 crore. They wer…

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Market regulator SEBI is clamping down on the practice of ‘hollow’ buyback offers, which see companies make buyback announcements and lift share prices, but buy little or no shares. SEBI has issued informal guidelines to investment banks that manage buyback issues. These norms could s…

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CMP: Rs 769.15 Target price: Rs 876 Morgan Stanley has retained its ‘overweight’ rating on Reliance Infrastructure and raised its target price for the stock to Rs 876. We believe the key concerns amongst investors over the stock have primarily been around execution and visibility, or…

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CMP: Rs 232.90 Target price: Rs 278 CLSA has assigned an ‘outperform’ rating to fast-moving consumer goods firm HUL, citing attractive valuations as the key reason. HUL’s 2-6-percentage points market share loss across categories is worrisome. However, our analysis highlights that th…

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Macquarie has downgraded its rating on Dabur India to ‘neutral’ from ‘outperform’, citing expensive valuations and a lack of near-term triggers. The brokerage has retained its price target of Rs 100 for the stock.CMP: Rs 110.85 Target price: Rs 100 “The share price has rallied…

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