Quotes with Resistance & Support
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TECHNICAL VIEW :: Nifty, Kotak Mahindra Bank, Ranbaxy Labs, Larsen & Tubro and GAIL

Posted on: December 2nd 2011 in Market News, Market Outlook, Techinicals Breakouts NSE BSE.

Below are few stock charts helping understand current trend of these stocks. Click on charts to enlarge Nifty: Nifty did manage to bounce back from strong support levels of 4700 (triple bottom). Current bounce could come to an end near 5000 levels (50% retracement level on Fibonacci). I…

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Larsen & Tubro – Breaks out- Target hit!!

Posted on: January 4th 2010 in Techinicals Breakouts NSE BSE.

Larsen & Tubro continues to face resistance at 1720 and has made a triple top in the 1700-1720 range. A close above 1720 can take it upto 1800 levels. …

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Stocks in news: Wall Street Fin, L&T, ITI, McNally Bharat

Posted on: September 8th 2009 in Market News.

Oil India IPO subscribed 1.28 times on day 1, QIB portion 2.3 times ((issue closes on September 10)) Wall Street Finance -BK Modi acquires 51% stake in Wall Street Finance -Spice Investment acquires 14.4% stake in via block deal at Rs 55/share -Spice Investment acquires remaining 36.6…

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Rs 12,000-14,000 cr orders in next 4-6 weeks: L&T CMD Naik

Posted on: September 2nd 2009 in Stock News.

L&T Chairman and Managing Director A M Naik spoke to ET NOW on L&T’s order book position and the company’s plans for the power & ET_NOW_Logo defence sectors. Here is the transcript of the full interview. You recently mentioned that last one month the company…

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Stocks in news: Bharti, Aban, NTPC, Puravankara, HCL Tech

Posted on: August 25th 2009 in Market News.

Here are stocks that are in news today: Results today: HCL Tech FY09 ended June 30 Bharti-MTN deal update: Sources -RoC (Registrar of Companies) to scrutinise proposed GDR (global depositary receipt) issue before final SEBI nod -Alert: Bharti proposes to issue 25% equity through GDRs …

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L&T bags Rs 4,000-cr Jaiprakash power plant order

Posted on: August 13th 2009 in Stock News.

New Delhi: Larsen & Toubro Ltd (L&T) on Wednesday signed a Rs 4,000-crore agreement to supply power equipment to Jaiprakash Power Ventures (JPVL), a unit of Jaiprakash Associates Ltd. L&T will source the super critical units boiler and steam turbine generator for the 1,320…

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Stocks in news: Unitech, Mah Satyam, Rallis India, L&T

Posted on: August 13th 2009 in Market News.

MSCI adds Unitech, Mahindra Satyam to global standard indices Power Ministry Says -Price decided by EGoM (empowered group of ministers) has no relation to RIL-NTPC case -Unaware of legal advise to NTPC on gas dispute with RIL -Increasing planned UMPPs in first phase to 13 from 9 NHPC…

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Intraday calls for 10-08-09

Buy Larsen and Tubro for a target of 1510. Stoploss: 1460. Buy Indian Oil corporation (IOC) above 557, target: 568. Stoploss: 551 …

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L&T seeks regulatory nod to sell Satyam stake

Posted on: August 5th 2009 in Market News.

BANGALORE (Reuters) – Larsen & Toubro Ltd (LT.NS : 1516.2 -3.15) has sought permission from market regulators to sell its stake in outsourcer Mahindra Satyam (SATYAM.BO : 112.95 +5.8) Ltd, a spokesman for the engineering and construction major said. L&T, which operates i…

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Country’s 30-blue chip firms may witness 10% decline Q1 profit

Posted on: July 12th 2009 in Press Releases.

NEW DELHI: The country’s 30-blue chip firms may witness as much as 10 per cent decline in their first quarter profits in the current fiscal, Earnings Measuring market volatility Ten hot money-spinners in India Long term plan for better returns Should you sell your stocks? prim…

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