RCF has posted a net profit of Rs 315.50 million for the quarter ended June 30, 2009 as compared to Rs 190.60 million for the quarter ended June 30, 2008. Total Income has decreased from Rs 15735.80 million for the quarter ended June 30, 2008 to Rs 8545.60 million for the quarter ended June 30, 2009.
US Markets ended mixed.
Europe ended lower.
Asia has opened flat.
Expect the Indian Markets to open flat to positive.
The support for the Sensex is 14475 and the resistance to the up move is at 14809-14995
Nifty: (4376) the support for the Nifty is at 4300 and the resistance to the up move is at 4418-4483
Day Trading Ideas :
Adlabs : Buy above 270 for targets of 275 and 281. Keep a SL of 265
DLF : Buy above 361 for targets of 365 and 369. Keep a SL of 356
RCF : Buy above 75.45 for targets of 77 and 79. Keep a SL of 74
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