Mahindra & Mahindra owned company Mahindra Satyam has announced its results for the quarter ended September 2010 today late at 18:00 IST. Company has reported profit after tax (PAT) at Rs.23 crore as against Rs.98 crore, negative growth of 76.53% on quarter-on-quarter basis (QoQ). Operating profit down 42.98% at Rs.65 crore (low figure) in Q2FY11 from Rs.114 crore in Q1FY11. Income from ... [Continue Reading]
Short Term Stock: SINTEX Ind., Has Target 244.
This stock has been very bullish stock since the month of June, today the stock touched its new 52-week high of 237. As per trending move on daily chart we will strongly recommend to buy this stock for short term trading, Enter Buy position around 215 - 225, as this stock has broken above its 52-week high. Target comes at 244 / 268. Stop loss should be placed near 211 levels. This stock has 11 to ... [Continue Reading]
Intraday Stock: Buy Wockhardt Limited (WOCKPHARMA), Target 416.6
Stock for intraday trading: BUY WOCKPHARMA @ 407 for target: 412 and 416.6, also keep stop loss of: 403. This stock has posted its new 52-week high with strong volumes and is on bullish move. This stock is up 8% and is trading at 407. ... [Continue Reading]
Eur/Usd Analysis: Sell EUR/USD Below 1.3670
Our Analysis on EUR/USD, we recommend sell EUR/USD Below 1.3670 for intraday target 1.3636 and 1.3615 keep stop loss above 1.3690. Why to go Short: We saw this pair was trading below its 20 DMA (Days Moving Average) on 30 min chart. Trend should be negative for today. ... [Continue Reading]
Nifty Support Resistance Levels For 15-Nov-2010
We may see Nifty to trade within wide range of 6100 to 6030, we suggest you to wait for any breakout in either direction before entering the trade today. Nifty: Resistance : 6100 / 6124 Support : 6040 / 6020 Our Trading Outlook: One can enter Buy position in Nifty above 6045 levels. The target levels will be 6095 / 6120, From here Nifty may find strong resistance. For all the long(Buy) ... [Continue Reading]
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