Guar yes
Total refined nickel production in the first half of 2010 rose to 45,458 tonnes, 8% higher than the same period last year. Improved volumes were achieved by processing internally all of the feed from Xstrata Nickel Australasia to maximize downstream utilization at the integrated nickel operations. Nickel has touched a low of Rs 949.2 a kg after opening at Rs. 964, and last traded at Rs 954.2. For today market is looking for the support at 945.3, a break below could see a test of 936.3 and where as resistance is now likely to be seen at 967.1, a move above could see prices testing 979.9.
Zinc prices ended higher tracking rise in LME prices and arbitrage trading with lead. Lead, zinc normally move in tandem, but lead 3% higher than zinc in past few months, giving arbitrage opportunity. Zinc yesterday we have seen that market has moved 1.92%. Market has opened at 89.15 & made a low of 89.15 versus the day high of 90.6. The total volume for the day was at 25764 lots and the open interest was at 4233. Now support for the zinc is seen at 
Copper settled aIf you’re just starting out in forex, the odds are stacked—not because the market is out to get you, but because many new traders walk in with the wrong mindset.
News in Focus
Featured, India Business, Analyst View, BOB Capital Markets, Bullion Update, India, Kalyan Jewellers
BOB Capital Markets has upgraded Kalyan Jewellers to BUY from HOLD with a target price of Rs 786, implying about 18% upside from Rs 664.
Featured, India Business, Analyst View, Stock Markets, ICICI Securities, India, Steel Sector, Tata Steel
ICICI Securities has retained its BUY call on Tata Steel with a revised sum-of-the-parts target of Rs 230, implying 24% upside from Rs 185 over 12 months.
Axis Securities has kept its BUY call on Pricol Ltd with an unchanged target price of Rs 935, about 28% above the Nov. 5 closing price of Rs 728.
Featured, India Business, Analyst View, Auto Sector, BOB Capital Markets, India, Mahindra & Mahindra
BOB Capital Markets has retained its BUY rating on Mahindra & Mahindra but trimmed its target price to Rs 4,387 from Rs 4,530, still implying about 40% upside from the Rs 3,128 market price.
Featured, India Business, Analyst View, Stock Markets, ICICI Securities, India, Retail Sector, Swiggy
ICICI Securities has maintained its BUY rating on Swiggy but cut its target price to Rs 400 from Rs 520, still implying about 90% upside from the Rs 211 market price.
Main Regional Stories
ICICI Direct, the retail research arm of ICICI Securities, has maintained its BUY call on Stylam Industries with a revised 12-month target price of Rs 3,750, about 21% above the current market price of Rs 3,105.
ICICI Direct, the retail research arm of ICICI Securities, has reiterated its BUY call on Saregama India with a 12-month target price of Rs 740, about 16% above the Rs 638 market price, after the RPSG Group music label posted a robust September qu
Featured, India Business, Analyst View, Stock Markets, BOB Capital Markets, Cera Sanitaryware, India, Mumbai
BOB Capital Markets has maintained its BUY rating on Cera Sanitaryware with a target price of Rs 6,437, implying about 34% upside from the Nov. 5 closing price of Rs 4,802.
ICICI Securities has maintained its BUY call on Power Grid Corporation of India, trimming its target price to Rs 350 from Rs 360, which implies about 35% upside from the current market price of Rs 260.
