Quotes with Resistance & Support
Market Information

Intraday calls for 02-28-11

Markets likely to open flat. Support for Nifty is at 5260 and resistance at 5340. Buy ABB at 674-678, target: 690. Stoploss: 663 1.44pm – book profit in nifty 5600 call at 76 Nifty Future/Index 1…

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Intraday calls for 28-01-11

Markets likely to open lower, Nifty looks weak below its 200 DMA of 5615, if we manage to close below 5615 for a couple of days, we could see 5500 and lower levels Sell ABB around 720, Target: 705, SL 732 (book profits at 703) 10.13AM – Sell edserv softsystems at 146.60, target: 1…

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ABB plans Rs 4,400-cr buyback offer to raise stake to 75%

Posted on: May 18th 2010 in Market News.

ABB, a global power and automation technology group, will offer shareholders of ABB Ltd, its listed subsidiary in India, Rs 900 per share to increase stake in the company to 75 per cent from the present 52.1 per cent. The aim is to facilitate the long-term development of ABB’s busin…

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Buy ABB: Indiabulls Securities

Posted on: May 24th 2009 in Brokerage Recommendations.

Indiabulls Securities Research has upgraded its rating on ABB from hold to buy, in its May 21, 2009 research report. “ABB Limited (India)’s revenues declined 9.2% yoy to Rs 14.1 billion in Q1’09 on account of weak order execution. Net profit of the Company was Rs 784 million, 3…

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