The Company has posted a net profit of Rs 5431.90 million for the quarter ended June 30, 2009 as compared to Rs 5581.80 million for the quarter ended June 30, 2008. Total Income has increased from Rs 43175.10 million for the quarter ended June 30, 2008 to Rs 45361.70 million for the quarter ended June 30, 2009.
US markets ended in deep red.
Europe ended flat.
Asia has opened negative.
Expect the Indian Markets to open flat to positive.
The support for the Sensex is 14000-13400-12600 and the resistance to the up move is at 14420-15000
Nifty: (4202) the support for the Nifty is at 4100-3870 and the resistance to the up move is at 4285
Day Trading Ideas :
IRB Infra : Buy above 175.85 for targets of 177 and 179.10 Keep a SL of 173.50
HUL : Buy above 274.80 for targets of 276 and 278.50. Keep a SL of 271.25
HCC : Buy above 104 for targets of 105.50 and 108.25. Keep a SL of 102.50
Happy Investing !
US markets ended negative.
Europe also ended negative.
Asia has opened in red and is also trading in red.
Expect a gap down opening in Indian Markets.
NIFTY magic levels
Current Spot - 3554.60
Support - 3505 and 3470
Resistance - 3590 and 3645
Day Trading Ideas -
Sesa Goa
Buy above 141 for targets of 145 and 148
Sell below 131 for targets of 128 and 125
HUL
Buy above 228 for targets of 230 and 232
Sell below 221 for targets of 219 and 216
Satyam Computers
Buy above 46.20 for targets of 47.90 and 49.10
Sell below 41.25 for targets of 40.05 and 39.10
RNRL
Buy above 58.10 for targets of 59.25 and 60.10
Sell below 57.25 for targets of 56.50 and 55.90
Happy Investing !
US markets crack badly. The support for the Sensex is 8630 and the resistance to the up move is at 8977 Nifty: (2736) the support for the Nifty is at 2685 and the resistance to the up move is at 2802 Day Trading Ideas - GMR Infra Buy above 78.50 for targets of 79.85 and 80.45 Sell below 76.45 for targets of 75.90 and 75.10 Voltas Buy above 39.45 for targets of 40.10 and 40.95 Sell below 37.40 for taregst of 36.85 and 36.10 HUL Buy above 252 for targets of 255 and 258 Sell below 247 for targets of 245 and 243 SBI Buy above 1052 for taregts of 1063 and 1071 Sell below 1032 for taregts of 1024 and 1019 NIFTY 1 Month Future. Bearish (Indication Avoid)
Europe ended marginally lower.
Asia is bonded to open negative or may be even flat.
Indian markets will open in the same mannar.
