Quotes with Resistance & Support
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Reduce Phillips Carbon, target of Rs 36: Angel

Posted on: May 6th, 2009 and is filed under Brokerage Recommendations.

Angel Broking has downgraded its rating on Phillips Carbon Black to reduce from accumulate with a revised target price of Rs 36 in its may 06, 2009 research report. “Phillips Carbon Black (PCBL) reported 11.9% yoy …

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Markets end lower: Nirmal Bang

Posted on: May 6th, 2009 and is filed under Brokerage Recommendations.

According to Nirmal Bang’s report, the markets ended down after a strong first half. The Sensex closed below the 12,000 mark while the Nifty slipped below the 3700 level. Nirmal Bang’s report …

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Buy Gujarat Gas; target of Rs 317: Angel Broking

Posted on: May 6th, 2009 and is filed under Brokerage Recommendations.

Angel Broking has recommended a buy rating on Gujarat Gas, with a price target of Rs 317, in its report dated May 5, 2009. “For CY2008-10, we estimate the company’s …

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Accumulate Reliance Comm; target of Rs 244: Angel Broking

Posted on: May 6th, 2009 and is filed under Brokerage Recommendations.

Angel Broking has recommended an accumulate rating on Reliance Communication with a price target of Rs 244, in its report dated May 5, 2009. “Going forward, we expect RCOM to post a 21.8% …

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Reduce JP Associates; target of Rs 112: Angel Broking

Posted on: May 6th, 2009 and is filed under Brokerage Recommendations.

Angel Broking has recommended a reduce rating on Jaiprakash Associates, with price target of Rs 112, in its report dated May 4, 2009. “Jaiprakash Associates is one of the largest …

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Buy GSK Consumer, target of Rs 1000: LKP Shares

Posted on: May 6th, 2009 and is filed under Brokerage Recommendations.

LKP Shares has recommended a buy rating on GlaxoSmithKline Consumer Healthcare with a price target of Rs 1000 in its May 2, 2009 research report. “GSKCH has clearly outperformed the BSE FMCG sector …

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Buy Garware Offshore, tgt of Rs 159: India Capital Mkts

Posted on: May 6th, 2009 and is filed under Brokerage Recommendations.

India Capital Markets has reiterated its buy rating on Garware Offshore Services with a target price of Rs 159 in its May 06, 2009 research report. “Garware Offshore Services (GOSL) has reported …

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Intraday calls for 06-05-09

Buy Reliance Power at 135.50, target: 140. Stoploss: 133 Buy Bharat Electronics above 1000, target: 1030. Stoploss: 990 (Please buy only above 1000) If markets show weakness later during the day, short sell: Reliance Industries. Please trade in small quantity as markets are likley to b…

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Market Review for 6th May 2009

Posted on: May 5th, 2009 and is filed under Market Outlook.

BSE Sensex: (12131) the market has given a fine breakout from a consolidation trapping the shorts that should propel the Sensex to higher levels and the next logical target of 12569-12857 levels in the days to come…analysis remains the same…crucial support to watch is 12000 …

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Volatile Sensex ends flat

Posted on: May 5th, 2009 and is filed under Market News.

Following a solid 730-points, the Sensex this morning opened 25 points higher at 12,160. The index however soon slipped into red owing to profit-taking in early trades. The index, thereafter, swung between zones throughout the day as positive cues from global markets boosted sentiment, w…

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