define('DISABLE_WP_CRON', true); Today's Trading Tips | News Updates | April 17 2009 | Stock Market Guru

Today’s Trading Tips | News Updates | April 17

News Updates

  • Today’s market calls Click Here
  • Inflation came down to 0.18%
  • Rupee closed lower at 49.76 against dollar
  • Domestic institutional investors were sellers of Rs 1124.24 crore yesterday on BSE
  • Strangely, Foreign Institutional Investors were buyers of 480 cror yesterday on BSE
  • Jet Airways to cut 4000 jobs in short run
  • Punj Lyod got 3 orders of Rs. 308 Crores from Bangalore Metro Rail Project
  • REpower rejected Suzlon Energy  Blade Prototype for china project. Share price where closed almost 19% down yesterday.
  • Export Oriented Unit status of Reliance Jamanagar, Gujarat refinery ended. It will allow RIL to sell diesel and petrol to PSU’s and its closed 1432 oil pumps
  • SpiceJet in a talk of merger with IndiGO
  • Mastek to buyout Insurance Company using Cash
  • Second Largest US Mall Owner General Growth Properties Inc declared bankruptcy on Thursday in the biggest real estate failure in U.S. history

Today’s Trading Calls

  • Nifty: Support Levels – 3345, 3300, 3270 Resistance Levels-3384, 3400, 3440
  • US markets closed 1.5% up and aisan markets were trading with positive sign
  • Indian markets open with 100 point gap in sensex.
  • FII’s are still having interest in indian market as they were having Buying interest yesterday
  • Buy Spicejet: Target 17, 18.5, 20 Stop Loss-14 ( Buy and Hold it If you can )
  • Buy/Hold Punj Llyod: Target 127, 135 Stop Loss-113
  • Buy Reliance: Target-1795, 1835 Stop Loss-1685
  • Buy Marico: Target-64, 64.9, 65 Stop Loss-59
  • Buy HUL: Target-248, 254, 260 Stop Loss – 234
  • Sell Suzlon: Target 51, 49 Stop Loss-58
  • Sell Rolta: Target 88, 86 Stop Loss – 104
  • Sell NDTV: Target 97, 93 Stop Loss 110
  • Sell LIC Housing: Target – 254, 248 Stop Loss – 271
  • Buy REC:Target-112, 115 Stop Loss-102 (Only Intraday)
  • Buy KSOil: Target-53, 57 Stop Loss-45 (2 week for final target)
  • Nifty is facing problem in crossing strong resistance 3480 and trading down 10 to 15 point. It may cause heavy selling in last trading session. Beware guys !!!
  • Sell RNRL: Target 50
  • Sell Suzlon: Target: 52
  • Sell Tata Motor: Target 224
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