Stock Market Updated 3:30 11th April 2014

 Indian Stock Market Close -ve both Sensex & Nifty remains under pressure; L&T, Reliance, HDFC, ICICI Bank & ITC drag, dropped nearly 1-2 percent. BSE-SENSEX closes -ve at 22610 (-105 pts) & NSE-Nifty Closes -ve too at 6769.50 (-27 pts)

Major Gainers - JP Power, VIDEOCON, PEL

Major Loosers - ADANI ENT, INDUSIND BANK , NAUKRI, EICHER MOTORS.

MOST ACTIVE - UNITECH, HDIL, JP POWER, JP ASSOCIATES.

BOTH NSE & BSE will remain close on Monday 14th, April 2014 on ocassion of Dr. Babasaheb Ambedkar Jayanti

Click here to see the complete list of holidays for 2014.

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Technical Analysis On IDBI BANK - 11th April 2014.

IDBI BANK Is forming double bottom formation and will have strong resistance around 70, 72.50. Stock is forming bullish formation and it is worth to keep in watch list. Close Watch. For daily free share market trading calls (Updated daily). Click here

Technical Analysis On MCX 11th April 2014

MCX has formed rectangle formation and also moving up from long trend line support as shown above , close watch charts indicates once stock breaks and if holds above its rectangle formation then can can see some action , Will have next strong resistance around 626.

Technical Analysis On Amar Raja Batteries - 11th April 2014.

AMAR RAJA BATTERIES facing strong trend line resistance around 407. close and moving in a up channel formation , close watch if sustains above 407 and can see some action in stock, Upper side will have next trend line resistance around 430, and fibonacci retracement resistance level around 440.

Tips for investing In IPO

Whenever any company is interested in listing its company in NSE or BSE or any other exchange they can come through initial public offering (IPO). By this they can create a great deal of interest from stock market investors. But generally question arise is that, is it actually safe to invest in IPO , Well it all depend on valuation by market experts and condition of market.

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Generally share value of any stock is FIX during the time of IPO, they can not changed till stock get listed in exchanges and available for trading. To establish its long term security a business has to go through so many steps before its IPO IPO price has to determine by stock market experts and some economist. in order maintain the balance to raise the capital require by company  and its actual value,

Stock market does not set the price of any stocks or an IPO , it all depends on demand and supply and stock market conditions. Moreover it also depends that stock market investors are ready to invest during the time of IPO or not ,will decides the share price on the first day of its listing. It is never been easy task to decides weather company will make profit from it share price from the time of listing. It all depends how it uses that money which they have got it from IPO.

In case of a large business house IPO , it turns in a an event all media , brokerage house talk about its IPO, even all investors and institution, and brokerage house run for its IPO, So in such boom price tends to move upward only for next few session after that only it comes to its right value. which decide by investors thru. demand and supply game. We have noticed such event in Reliance Power , in which all people related to stock market talked about it.

Its difficult to predict smaller company IPO, in such case it is advice able to wait for some market experts to talk about it or can take help from some Financial Advisor before any one invest in such IPO.

So in conclusion investing in IPO should be with positive approach and can put money in at a time that suits you, an should have the ability to exit at the right time, investing in an IPO need not  be a high risk move, and can give good rewards

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Technical Analysis On Chennai Petroleum 11th April 2014

Chennai Petroleum had recently break its triangle formation and now facing trend line resistance around 72.50. If able to sustain above its trend line then can see some up side move in Chennai Petroleum.. next trend line resistance in Chennai Petroleum around 78. as shown above.

Technical Analysis On Speciality Restaurants- 11 April 2014.

Speciality Restaurants In moving in a strong range as shown above in technical charts... close watch if break and trade above it range then can see some sharp movement in a stock. For more technical charts. click here

About this Stock - Speciality Restaurants Ltd. is the name of a grand and passionate journey of flavours, unraveling authentic cuisines and sharing them with the world. It started as a tiny restaurant created by a bunch of foodies for some more foodie friends and even after 107 renowned restaurants and eight award winning cuisines, we are proud to say it still remains a Restaurant Group by the foodies, to the foodies and for the foodies