Quotes with Resistance & Support
Market Information

Intraday calls for 31-01-11

Markets likely to see a gap down opening. If markets show recovery later during the day, buy Reliance Infrastructure with stoploss at 695-700. Nifty Index/Future Live Chart with RSI, MACD, Slow Stochastic &#821…

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Buy Reliance Infrastructure on dips with stoploss of Rs 920-880: Nirmal Bang

Posted on: July 14th 2009 in Brokerage Recommendations.

MUMBAI: Nirmal Bang has advised traders to buy Reliance Infrastructure on dips with stoploss of Rs 920-880. “Buy Reliance Infrastructure on dips with stop loss of Rs 920-880. Resistance is seen at Rs 980. If it maintains above this level then look for a target of Rs 1030-1065. The sto…

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Nifty struggles below 4500; Cipla, M&M, Tata Steel down

Posted on: June 17th 2009 in Market News.

MUMBAI: Indian markets were moving in narrow range with negative bias Wednesday following weakness in the global markets. IT, capital goods and metals were down on profit booking while realty and oil & gas bucked trend. “US markets closed in the red and Asian markets are mixed. A…

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Equities snap 3-day losing streak

Posted on: June 16th 2009 in Stock News.

MUMBAI: The jittery sentiment across overseas markets failed to deter Indian equities which made way for a positive close Tuesday, snapping from a three day losing streak. Volatility was at its best with equity benchmarks making a weak start, then surging to the day’s high, and finally…

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Power full rally on Dalal Street

Posted on: May 27th 2009 in Market News.

Sensex rallied 520 points or 3.8% to close at 14,019, Nifty gained 159 points or 3.8% to shut shop at 4,276. Indian markets ended the day near day’s high On Wednesday led by gains in the Realty, Banking and the Power stocks. The Sensex rallied 520 points or 3.8% to close at 14,019 aft…

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Analysts’picks: Reliance Infra

Posted on: May 9th 2009 in Stock Views.

CMP: Rs 769.15 Target price: Rs 876 Morgan Stanley has retained its ‘overweight’ rating on Reliance Infrastructure and raised its target price for the stock to Rs 876. We believe the key concerns amongst investors over the stock have primarily been around execution and visibility, or…

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Reliance Infra FY09 results cons net profit at Rs 1353 cr

Posted on: April 23rd 2009 in Stock News.

Reliance Infrastructure has announced its FY09 results. The company’s FY09 consolidated net profit at Rs 1353.23 crore versus Rs 1178.21 crore, YoY. …

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Market may lose some more ground

Posted on: April 17th 2009 in Market Outlook.

The party for bulls was cut short on Thursday with bears returning with a vengeance. And, given the high degree of uncertainty about the outcome of the Lok Sabha polls, an unexpected verdict could further dampen the sentiments. …

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Export-status of RIL refinery ends

Posted on: April 16th 2009 in Stock News.

New Delhi, April 16: The Export Oriented Unit status of Reliance Industries’ Jamnagar refinery in Gujarat has ended, allowing the company to sell petrol and diesel locally including through its 1,432 now-closed petrol pumps. …

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Reliance Infrastructure among major gainer

Posted on: April 9th 2009 in Stock News.

Reliance Infrastructure is among major gainers on the Nifty. It had touched an intraday high of Rs 647.90 and an intraday low of Rs 612.85. At 11:54 am, the share was quoting at Rs 643, up Rs 24.80, or 4.01%. …

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