Quotes with Resistance & Support
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Selling continues… Sensex near day’s low

Posted on: June 18th 2009 in Market News.

The Sensex slipped to a low of 14,205, down 425 points from the day’s high.The index is now down at 14,271, down 251 points. The BSE Realty index has tumbled 8% to 3,110. The Metal index has slumped 5.5% to 10,646 and the Power index has shed 4.5% to 2,759. Jaiprakash Associates a…

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Value buys: Bharti Airtel, State Bank of India and Larsen & Toubro

Posted on: May 25th 2009 in Stock Views.

Last Monday proved to be a europhic day for Indian investors with the markets hitting the upper circuit as the news of a new Central government, insulated from the vagaries of coalition politics, unleashed a wave of positive sentiments. The Sensex jumped 2,000 points touching 14,000, th…

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Intraday calls for 05-05-09

Buy Larsen & Tubro above 960, target: 980. Stoploss: 952 Buy Lanco Infratech above 250, target: 260. Stoploss: 247 If markets show weakness later during the day, Short Sell: Reliance capital …

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UPDATE: Tech Mahindra pips L&T to claim Satyam

Posted on: April 13th 2009 in Stock News.

Tech Mahindra has pipped Larsen & Toubro and the Wilbur Ross group to claim the fraud-hit Satyam Computer. According to television reports, Tech Mahindra is paying Rs 1,757 crore for a 31% stake in the company, at Rs 58 per share. …

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