Quotes with Resistance & Support
Market Information

Bulls on strike…Nifty ends below 4600

Posted on: August 6th 2009 in Market News.

Sensex slipped 390 points or 2.4% at 15,514 while, Nifty ended lower by 109 points to shut shop at 4,585. Indian markets registered their biggest fall of the month on Thursday with the NSE Nifty index breaking below the crucial 4,600 levels. Markets witnessed heavy offloading in the last…

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Sensex seen rising another 12% by Dec

Posted on: July 15th 2009 in Press Releases.

The BSE benchmark Sensex is set to gain another 12 per cent by the end of 2009, taking its rise for the year to 60 per cent, as an economic revival boosts corporate earnings and attracts liquidity, a Reuters poll shows. The results from the latest survey of 16 analysts taken after the go…

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Global cues drag Sensex below 14,000

Posted on: July 8th 2009 in Market News.

The Sensex finally ended the day at 13,769, down 401 points, owing to constant selling seen across the board. The Sensex today opened at 14,039, down 130 points from its previous close due to negative global cues as all the major world markets were in red. The US stocks were hammered an…

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Intraday calls for 07-06-09

Nifty has strong support at 4080-4150 level and is likely to see some bounce from current levels. Buy Punj Lloyd at 199, target: 206. Stoploss: 196 Buy Reliance Industries at 1894, target: 1920. Stoploss: 1886. If markets show weakness later during the day, short: Orchid Chemicals. …

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Wkly Tech Analysis: Sensex rally seen beyond 15,100

Posted on: July 5th 2009 in Market Outlook.

The market exhibited high level of volatility in intra-day trades during the week. The Sensex, after slipping in first half of the week, recovered towards the end on positive vibes from the Economic Survey and the Railway Budget. The index finally closed the week with a gain of 148 points…

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Resistance likely above 4,700

Posted on: July 5th 2009 in Market Outlook.

The market discounted weak global cues and surged ahead of the Union Budget on Monday. Index heavyweights Reliance Industries, ICICI Bank, HDFC and Larsen & Toubro led the 1.75 per cent gains in BSE Sensex & SP CNX Nifty. The Nifty cleared the resistance level of 4,350 to close …

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Volatile Nifty ends flat; Grasim, RIL lend support

Posted on: June 23rd 2009 in Market News.

MUMBAI: Indices ended little changed on Tuesday as investors bought frontline stocks with the positive opening of the European markets. Buying activity in index-heavyweight Reliance Industries, Grasim and BHEL also supported the benchmarks. Traders also squared off positions ahead of F&#…

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India’s GDP to average 7.2 pc over next 5 yrs: Economist

Posted on: June 22nd 2009 in Press Releases.

MUMBAI: India’s real GDP growth will average at 7.2 per cent over the next five years even as risks to the global economy continue to remain high, the Economist Intelligence Unit (EIU) has said. The world’s second-fastest growing economy may also see negative inflation for t…

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Dalal Street…More volatility and uncertainty ahead

Posted on: June 21st 2009 in Market Outlook.

The market will continue to witness sideways movement, depending on the global cues and FII flows After a long time, the bulls appear to be in some sort of pressure with the main stock indices losing some altitude this week. FIIs seem to be a little wary now of putting fresh money into p…

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Sensex rangebound; Tata Motors, L&T, Rel Infra up

Posted on: June 19th 2009 in Market News.

MUMBAI: Indian markets were moving in a narrow range on Friday with a positive bias as investors bought stocks at lower levels. Indices had shot up over 1 per cent in early trade but couldn’t absorb the supply in frontline stocks. Meanwhile midcap and smallcap stocks showed some resist…

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