Quotes with Resistance & Support
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Below 15240, Sensex may slip to 15050: Angel

Posted on: June 12th 2009 in Brokerage Recommendations.

MUMBAI: Angel Broking expects market to remain volatile and if Sensex slips below 15240 it may slip to 15170-15050 levels. “Markets were indecisive to begin with, cautious approach at higher levels led to some profit booking which dragged the indices to close on a negative note. On…

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Buy Ipca Labs, target of Rs 684: Angel Broking

Posted on: June 2nd 2009 in Brokerage Recommendations.

Angel Broking has maintained its buy rating on Ipca Laboratories with a target price of Rs 684 in its May 29, 2009 research report. “Ipca, a vertically integrated company with a geographically diversified business model, has grown at a steady pace in the past posting a CAGR of 17.3% in…

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Reduce Madras Cements, target of Rs 90: Angel Broking

Posted on: June 1st 2009 in Brokerage Recommendations.

Angel Broking has maintained its reduce rating on Madras Cements with a target price of Rs 90 in its May 29, 2009 research report. “We expect the domestic cement industry to witness substantial bunching up of capacities over the next couple of years. As per the company’s announce…

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