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Quotes with Resistance & Support

Market Information

How a ‘buy’ on Goldman Sachs sparked global rally

Posted on: July 15th 2009 in Press Releases.

Even as the recent few days have been negative for global and Indian stock markets, Monday saw a sudden respite as Wall Street rallied about 2.5% led by stocks of the financial sectors, which rose by more than 6%. The reason: famous analyst Meredith Whitney who turned bullish on Goldman …

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Don’t see Nifty below 4400-4500 levels

Posted on: June 16th 2009 in Press Releases.

It was a bad start to the week. Picking up those negative cues from Asia, markets started selling off through the day, aided by that underlying fatigue seen last week. The High Court ruling against Reliance Industries put heavy pressure on that stock dragging the benchmarks with it. Apart…

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Alok Industries has target of Rs 30-34: M Thacker

Posted on: June 9th 2009 in Stock Views.

Technical Analyst, Mitesh Thacker is of the view that Alok Industries has target of Rs 30-34. Thacker told CNBC-TV18, “On Alok, the two price targets that we are working with are around Rs 30-34. We saw all these stocks hit their weekly supply areas. In fact along with the index w…

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Economy has bottomed out; see +ve IIP no in April: Expert

Posted on: April 10th 2009 in Press Releases.

The Index of Industrial Production (IIP) for February has come in at -1.2% as against 9.5% year-on-year and negative -0.5% month-on-month. Atsi Sheth, Chief Economist, Reliance Equities, said the worst was however behind the economy. “IIP at -1.2% was actually …

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