Quotes with Resistance & Support
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Technical view:: Nifty, Bank Nifty, Tata Motors & Reliance Industries

Posted on: July 14th 2014 in Swing Calls, Techinicals Breakouts NSE BSE.

Click on image to enlarge Nifty: Nifty is seeing some profit booking after recent rally. Technically has strong support at 7400 levels. If holds onto it, can bounce back to 7600 levels. On the downside below 7400, can test 7250-7300 Bank Nifty: Bank nifty has turned a bit weak below 15,…

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RIL 2nd among world’s largest value creators

Posted on: September 9th 2010 in Press Releases.

Mukesh Ambani-led Reliance Industries has been ranked second in the list of world’s 10 biggest ‘sustainable value creators’, companies that have been successful in creating the most shareholder value over the last decade, prepared by Boston Consulting Group. The list co…

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Reliance Comm to sell unit stake to GTL, PE

Posted on: June 21st 2010 in Stock News.

Anil Dhirubhai Ambani Group plans to sell a stake in Reliance Communications’ telecoms tower unit to GTL Infrastructure and a private equity investor, a newspaper reported today. The sale in Reliance Infratel will be through a combination of cash and stock, the paper said citing ba…

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Reliance, Bharti, Aircel big winners in 3G auction

Posted on: May 20th 2010 in Market News.

New Delhi: The Indian exchequer is set to swell by Rs 67,718.95 crore ($ 15 billion), with the conclusion on Wednesday of auctions for the crucial airwaves for third generation (3G) telecom services by private players. The amount bid after 183 rounds of the 34-day auction is sharply high…

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Reliance Comm Q2 net down more than half

Posted on: November 3rd 2009 in Market News.

The Mumbai-based firm, which trails market leader Bharti Airtel, said net profit fell 51.7 percent to 7.40 billion rupees ($158 million) for its fiscal second-quarter ended in September, from 15.31 billion a year earlier. The company had to provide for foreign exchange losses of 2.83 bil…

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Intraday calls for 05-10-09

Markets likely to see a gap down opening. Nifty has some support at 4980 & 4930. If markets show some recovery later during the day, buy: IDFC. …

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Intraday calls for 01-10-09

Buy HMT at 74-75, target: 79. Stoploss: 72 If markets show weakness later during the day, sell: Reliance Industries. Btst – buy ISPATIND at 24.75 target 26 stoploss 23.90 …

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Top 10 firms lose over Rs 1.73 lakh crore in market valuation

Posted on: July 12th 2009 in Stock News.

MUMBAI: The country’s top 10 firms saw their total market capitalisation being wiped out by over Rs 1,73,000 crore last week, and Mukesh BSE Pick stocks on fundamentals Fiscal & revenue deficit Short-term plans are safe bets Five facts on stock falls Volatility: Bet on bi…

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Intraday calls for 10-07-09

Markets are likely to open flat. Nifty has strong support at 4040 and Resistance at 4100-4120. Buy Reliance Infrastructure at 1100, target: 1130. Stoploss: 1089 Buy Suzlon at 86.30, target: 89.30. Stoploss: 84 …

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RNRL may intervene in RIL-NTPC case

Posted on: June 17th 2009 in Stock News.

Close on the heels of the Bombay High Court’s gas supply judgement in its favour, Anil Ambani group firm Reliance Natural Resources (RNRL) is all set to intervene in another case related to gas supply between Mukesh Ambani-led RIL and state-run power producer NTPC. “RNRL will…

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