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US markets ended flat.European markets ended higher.Asia has opened flat.Expect the Indian Markets to open flat to positive.Today we have F&O expiry (Role Over) so expect volatility.The support for the Sensex is 15280-15100 and the resistance to the up move is at 15600-16046Nifty: (4513) the support for the Nifty is at 4490-4450 and the resistance [...]
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The Company has posted a net profit of Rs 1074.70 million for the quarter ended June 30, 2009 as compared to Rs 3179.40 million for the quarter ended June 30, 2008. Total Income has decreased from Rs 6011.30 million for the quarter ended June 30, 2008 to Rs 3186.20 million for the quarter ended June [...]
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Buy HDIL for target of Rs 250: ReligareReligare Securities has advised traders to buy HDIL for target of Rs250.“Buy HDIL at Rs 235 with stoploss of Rs 230 for target of Rs 250,” the report said.Source : Economic Times
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US markets ended higher.Europe ended in green.Asia has opened positive.Expect the Indian Markets to open flat to positive. The support for the Sensex is 14170 and the resistance to the up move is at 14381-14548Nifty: (4231) the support for the Nifty is at 4200 and the resistance to the up move is at 4255-4315Day Trading [...]
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US markets ended higher.Europe ended higher.Asia has opened a higher note.Expect the Indian Markets to open higher too. The support for the Sensex is 12715-12600 and the resistance to the up move is at 13700-13937Nifty: (3974) the support for the Nifty is at 3870 and the resistance to the up move is at 4040 Day [...]
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US markets ended lower.Europe ended lower.Asia has opened lower but now trading in green.Expect the Indian Markets to open flat to positive. The support for the Sensex is 14200 and the resistance to the up move is at 14809-14800Nifty: (4291) the support for the Nifty is at 4210-3820 and the resistance to the up move [...]
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What we saw on the Indian Stock Markets last week :Indian Economy is now in Deflation.Bad global cues which affected the Indian Sentiments.Budget talks.Entry load on MF scraped off. Sectors to watch out for : FMCG Telecom Infra Fertilizer Stocks to watch out for : HCC (99.30) : Buy above 101 for targets of 105 [...]
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US markets ended higher.Europe ended flat.Asia is trading positive.Expect the Indian markets to have a gap up opening. NIFTY Support and Resistance :Current spot – 4572.65Support – 4489.9 and 4407.3Resistance – 4618.65 and 4664.8 Day Trading Ideas : IDBI Bank : Buy above 100.45 for targets of 101.60 and 102.50 keep a SL of 98.50 [...]
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State of global markets :US markets ended flat.Europe ended mixed.Asia has opened flat to positive.Expect the Indian Markets to open flat to positive. NIFTY Levels :Spot – 4525.25Support -4455.5 and 4385.85Resistance – 4590.55 and 4656 Day Trading Ideas : Cairn India : Buy above 270 for targets of 273 and 275. Keep a SL of [...]
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PINC Research has recommended a buy rating on Housing Development and Infrastructure, (HDIL) with a price target of Rs 365 in its report dated May 25, 2009. “Housing Development & Infrastructure Ltd’s (HDIL) Q4FY09 results were below our expectations. Its revenues declined 63.3% YoY to Rs 3.6 billion owing to a slowdown in the Mumbai [...]
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