February 9, 2010 by | No Comments
Nifty has taken support around its 200 daily moving average (DMA) pegged at 4655, which is a very crucial support going forward. The market opened on a flat note and traded negative in the first session but made a very strong comeback in the second half. On the daily chart, Nifty has fallen in a [...]
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February 8, 2010 by | No Comments
The Bid/ Issue opens on February 9, 2010, and is scheduled to close on February 11, 2010. The Price Band has been fixed between Rs. 240 and Rs. 265 per Equity Share.
Cable television and broadband services provider Hathway Cable & Datacom Ltd. is entering the capital markets with an initial public offering of 27,750,000 Equity [...]
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February 8, 2010 by | No Comments
Nifty closed in green on previous trading session and forming an inside bar on the daily charts. From hereon, there stand two possibilities. First, there can be an extension in wave five down. Second, the wave five down is done and the index is ready for a pullback in corrective pattern on the upside, which [...]
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February 8, 2010 by | No Comments
ARSS Infrastructure Project a construction contractor in the Railways and roadways segment, the company plans to raise Rs 103 crore from this issue to fund working-capital and joint ventures.
In its price band of Rs 410-450, the offer is at a valuation of 8.6 to 9.5 times the estimated FY-11 per share earnings on a post-offer [...]
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February 7, 2010 by | No Comments
ARSS Infrastructure Projects Ltd is Orissa-based Construction Company which is engaged in construction of railway infrastructure, roads, highways, bridges and irrigation projects in India. ARSS have business activities in the zonal jurisdictions of East Coast Railway, South Eastern Railway, South East Central Railway, Southern Railway and North Western Railway. ARSS also engaged in the railway [...]
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February 6, 2010 by | No Comments
Nifty closed near the day’s low after breaking the low of the hammer candlestick pattern, which signifies that the waves on the lower side are going to continue unless it closes above 4827. It is trading well below its averages both on the weekly and daily charts, which again indicates that the downtrend is quite [...]
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February 5, 2010 by | No Comments
Nifty has reversed down sharply in today’s session after retracing almost 38.2% of the index’ fall from 5310 to 4766. The index is struggling to move above 21 weekly exponential moving average (WEMA), which is acting as a stiff resistance. On the hourly chart, the NSE bellwether has declined in a 5 wave’s pattern, which [...]
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February 5, 2010 by | No Comments
Costlier potatoes and pulses pushed food inflation higher to 17.56 per for the week ended January 23 and economists expect prices to rise further in the next two to three weeks.
This is the second week in a row that food inflation has increased, after easing for three successive weeks. For the week ended January 16, [...]
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February 4, 2010 by | No Comments
Nifty recovered smartly after Tuesday’s sell-off, signaling that the pullback is not over yet. The index has already retraced 23.6% of the fall and the next level to watch out for is 4976, which is 38.2% retracement of the fall. The index is trading well above the hourly averages and the hourly momentum indicator is [...]
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February 3, 2010 by | No Comments
The Exchange is upgrading the capacity of capital market trading system by implementation of horizontally scalable architecture. Existing Trading system architecture will be revamped by using a distributed processing concept. Towards this, the Exchange is conducting a special live trading session on Saturday, February 06, 2010.
Circular Download
Source :- www.nseindia.com
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