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Quotes with Resistance & Support

Market Information

Angel initiates Buy on Ipca Labs, sees 30% rise

Posted on: April 22nd 2009 in Brokerage Recommendations.

MUMBAI: Angel Broking has initiated coverage on Ipca Laboratories with a Buy recommendation and expects the stock to touch price target of Rs 505, which is an upside of 30 per cent from current market price of Rs 388 per share. …

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Buy Tata Tea, target of Rs 820: Hem Securities

Posted on: April 20th 2009 in Brokerage Recommendations.

Hem Securities has reiterated a buy rating on Tata Tea with a target price of Rs 820 in its April 17, 2009 research report. “Tata Tea has announced to acquire 51 per cent stake in Grand, a Russia’s tea and coffee major, through one of its overseas subsidiaries, in partnership …

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Weekly Review for the Week April 20th – 25th April 2009

Posted on: April 19th 2009 in Market Outlook.

We said ‘Technically the trend is still intact up and our target of 11295 still stands valid with some hiccups on the way up as the upside momentum seems to have reduced and indictors are in stretched mode nevertheless the up trend is still intact up’ …

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F&O Outlook: Nifty may touch 200DMA this week

Posted on: April 14th 2009 in Market Outlook.

The Nifty witnessed profit-booking above 3,400 levels, but closed with 40 points gains at 3,382 on buying in key index heavyweights such as Reliance Industries (RIL), ICICI Bank, State Bank of India (SBI) and Tata Steel. The Nifty is now expected to target 200DMA (daily moving average) of…

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