Sunday, August 23, 2009



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Intraday calls for 24-08-09

Posted: 23 Aug 2009 08:45 PM PDT

Buy Wockhardt for a target of 172. Stoploss: 159. If markets show weakness later during the day, Sell: Tata Steel and Firstsource Solutions. View Market hour calls ...

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Assessing a profit-booking theory

Posted: 22 Aug 2009 11:19 PM PDT

Filled gaps can be used as crucial support and resistance levels.Markets are a function of human emotions. Any significant news that relates to the sector , index or an individual stock can result in temporary mismatch in demand and supply. Such extreme events results in price gaps. Price...

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Crude oil hits 10-month high…ends above US$74

Posted: 22 Aug 2009 11:17 PM PDT

Weakness in the US dollar and positive economic data (from the US and Europe) bolsters optimism about economic rebound October crude futures advanced 6.2% this week Oil prices touched a 10-month high on Friday in New York, buoyed by weakness in the dollar and by positive economic data. ...

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