Quotes with Resistance & Support
Market Information

Intraday calls for 18-10-11

Markets likely to open lower, support for Nifty at 5070 Buy TCS on dips (trade in small quantity) …

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Top 10 FMCG Stocks To Buy Now

Posted on: July 13th 2009 in Press Releases.

FMCG companies have come out as distinct winners of the Budget. The Budget has allocated a lot of funds to rural India. In fact, in the post-Budget rally, the FMCG index of the BSE has outperformed the Sensex by giving a return of over 4% against a decline of almost 10% by the Sensex. Ot…

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Bulls may suffer further setback

Posted on: June 18th 2009 in Market Outlook.

The recovery in economic growth and corporate profits will take time to catch up with market performance. At every fall, you could feel better if you pick up something. Markets further lost ground on Thursday extending its losses for second straight trading session. The Realty, Metals, P…

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India may borrow 4-4.25 trillion rupees in 2009/10: Edelweiss

Posted on: June 18th 2009 in Press Releases.

MUMBAI: India’s gross borrowing target for 2009/10 may be raised to 4-4.25 trillion rupees but revenue from divestment and auction of telecom Money spectrum will mitigate the effect of larger supplies, Edelweiss Securities said on Thursday. At its interim budget, the government h…

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Buy Patel Engg, target of Rs 550: Fairwealth Sec

Posted on: June 10th 2009 in Brokerage Recommendations.

Fairwealth Securities has maintained its buy rating on Patel Engineering with a price target of Rs 550 in its report dated June 8, 2009. “Patel Engineeringn(PE) registered steady growth in 3QFY2009. Consolidated Sales of the comp…

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Market outlook for 3rd June 2009

Posted on: June 3rd 2009 in Market Outlook.

Dow-jones and Nasdaq are up 30 and 10 points. Market likely to remain flat today. The support for the Sensex(14874) is 14700 and the resistance to the up move is at 15150-15580 . Nifty: (4525) the support for the Nifty is at 4450-4480 and the resistance to the up move is at 4580-4789 …

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Sell Tata Motors; target of Rs 200: IIFL

Posted on: June 2nd 2009 in Brokerage Recommendations.

IIFL has downgraded its rating on Tata Motors to sell with a price target of Rs 200 in its report dated June 1, 2009. “Tata Motors’s 4QFY09 PBT, adjusted for the exceptional items stood at a loss of Rs 1,099 million. Reported profits however were higher at Rs 5.87 billion largely…

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Buy Mahindra & Mahindra, target of Rs 756: Motilal Oswal

Posted on: June 2nd 2009 in Brokerage Recommendations.

Motilal Oswal has maintained its buy rating on Mahindra & Mahindra with a target price of Rs 756 in its May 29, 2009 research report. “M&M’s operational performance for 4QFY09 was significantly better than we had expected, driven by merger of PTL and cost savings, with …

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Buy infra, power, metals stocks on dip: A Deshmukh

Posted on: May 27th 2009 in Stock Views.

Akshata Deshmukh, Research Analyst, Asian Markets Securities is of the view that one should buy infrastructure, power and the metals stocks on dip. Deshmukh told CNBC-TV18, “The midcaps are clearly the favour of the season and the way the midcaps have rallied in the recent past and…

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US recession to end soon, modest recovery seen: Poll

Posted on: May 27th 2009 in Press Releases.

WASHINGTON: The US recession is set to end “soon,” but continued job losses and plunging house prices point to an economic recovery that will be more moderate than those experienced in previous downturns, a survey showed. The survey of 45 professional forecasters released by …

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