Markets likely to open flat. Support for nifty is at 5450 and resistance is higher near 5550 levels. Buy IRB Infrastructure Developers Ltd at 151.50, target: 155.50. Stoploss: 147 9.33am – buy tata coffee at 845, target: 858. Stoploss: 832 – (book profit at 855-858) 12.24pm…
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…
Market Review, update & trading ideas for 17-11-09
Posted on: November 16th 2009 in Market News.
Nifty ended at 5058, hardly moving in a 20point range all day. Nifty Closed above an important resistance level of 5020. Nifty faces some resistance at 5075, above this level Nifty can head up to 5150. Strong support for nifty is at 4930-5020. One can go long on nifty above 5075 for a ta…
IRB Infra emerges lowest bidder, stock surges 4%
Posted on: June 19th 2009 in Stock News.
IRB Infrastructure Developers has surged on hopes of winning the bid for the NH-15 in Punjab.The stock opened 7% higher at Rs 140 and slipped to a low of Rs 134. Soon it surged 9% to a high of Rs 143. The stock is currently up 4.3% at Rs 137. Over 631,000 shares have been traded on the BS…
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