Quotes with Resistance & Support
Market Information

Stocks to bet on post Budget

Posted on: February 27th 2010 in Market News.

The Budget was growth-oriented with financing incentives for real estate, infrastructure and agriculture continuing – Mahindra & Mahindra, IRB Infra, Tata power & Larsen and Tubro will be benifited. Another important announcement in the Budget was that the RBI would consi…

Read More..

read more

Intraday calls for 17-02-10

Markets likely to see a flat opening. Support for nifty is at 4825 and resistance at 4880. Buy Central Bank of India at 164.35, target: 169. Stoploss: 161.50 …

Read More..

read more

IIP numbers drag markets

Posted on: December 11th 2009 in Market News.

The Nifty has retraced sharply after touching a new 18-month high of 5,182.55 as the IIP (index of industrial production) numbers were below expectations. The Sensex is quoting at 17,161, lower by 27 points, and the Nifty is at 5,117, lower by 17 points. The October IIP came in at 10.3% …

Read More..

read more

Positive/Negative breakouts for 04-12-09

Posted on: December 4th 2009 in Market News.

Positive breakouts from last days trade: Stocks above their 14dma, 25dma, 50dma, conversion (9days), base (26days). GMR infra at 69.20 – Support at 68 LT Foods (Daawat) at 65.65 – Support at 62 No negative breakouts for today: Positive breakouts are likely to do well if m…

Read More..

read more

Price rigging, market manipulation cases up

Posted on: December 4th 2009 in Market News.

There has been a rise in the number of cases of stock market manipulation and price rigging, according to the Securities and Exchange Board of India (Sebi). Out of the 76 new cases Sebi took up for investigation in 2008-09, about 68 per cent pertained to market manipulation and price rigg…

Read More..

read more

Extended hours put on hold

Posted on: November 26th 2009 in Market News.

Most market participants oppose plan to increase timings of stock exchanges. Strong opposition from market participants has made stock exchanges put their plans to extend trading hours on the back-burner. The National Stock Exchange (NSE), which was advocating extension of trade timings…

Read More..

read more

Centre plans frequent scan of FII holdings

Posted on: November 26th 2009 in Market News.

Volatility in investments concern for RBI. The Department of Economic Affairs, the Ministry of Commerce and Industry and the Reserve Bank of India have come to a consensus that foreign institutional investment (FII) in a company should be monitored on a monthly or a quarterly basis to en…

Read More..

read more

Gap-down opening for Nifty seen

Posted on: November 22nd 2009 in Market News.

The Nifty on Friday closed above the resistance level of 5,060 to keep the current bull run moving. The index, however, is expected to face resistance above the 5,100 level next week. The SGX Nifty futures was down by over 50 points over the official close of 5,077 in the over-the-counter…

Read More..

read more

Positive/Negative breakouts for 09-11-09

Posted on: November 7th 2009 in Market News.

Positive breakouts from last days trade: Stocks above their 14dma, 25dma, 50dma, conversion (9days), base (26days). Hindustan Construction at 134.10 – Support at 130 NHPC at 32.60 – Support at 31 Sesa Goa at 312.65 – Support at 303 Dredging Crop of India at 509 &#8…

Read More..

read more

Positive/Negative breakouts from 03-11-09

Posted on: November 4th 2009 in Market News.

Positive breakouts from last days trade: Stocks above their 14dma, 25dma, 50dma, conversion (9days), base (26days). Jet Airways at 404 – Support at 390 No negative breakouts for today. Positive breakouts are likely to do well if markets remain flat/positive. On the other hand, …

Read More..

read more