Markets likely to open slightly lower. Support for nifty is at 5270 and resistance at 5360 Buy Reliance Industrial Infrastructure (RIIL) at 455, target: 470. Stoploss: 445 – (Exit from RIIL at 450. Short term traders can continue to hold for 1-2 days) For a technical view on Nifty…

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Click on the image to enlarge Nifty: Nifty technically has turned a bit strong. May consolidate here for few days before the next upmove. Has strong support at 5200 levels. On the upside a close above 5360 can take nifty higher to 5450. Reliance Industrial Infrastructure: RIIL has …

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Markets likely to open flat. Support for nifty is at 5270 and resistance at 5360. Buy Subros at 34.85, target: 37. Stoploss: 33.20 Buy Hindustan Petroleum at 341.70, target: 351. Stoploss: 336 …

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Stephen Bird has been a Citibanker for the last 14 years. But since the beginning of this year, he has taken over as the Chief Executive Officer for the Asia Pacific region at Citigroup. Responsible for 17 countries in the region – including India, China, Hong Kong, Singapore and Austra…

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Telecom stocks, Reliance to be on the buzzer The markets are likely to trade on a lacklustre note in the absence of major cues from the US markets that were closed on account of Independence Day holiday. Asian shares eased on Thursday, as markets awaited the European Central Bank&#8217…

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Markets likely to open flat. Support for nifty is at 5250 and resistance at 5360. Buy Mcleod Russel at 308-310, target: 318. Stoploss: 304 …

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Amid growing concern over a slow and weak progression of this year’s southwest monsoon, the government today assured the nation that the situation for most kharif crops, barring coarse cereals, had not turned worrisome yet. Experts, however, cast doubts over the claims, particularly on …

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Markets likely to open slightly higher. Resistance for nifty is at 5360 and support at 5200. Buy A2Z Maintenance at 112.90, target: 116.50. Stoploss: 109 – (continue to hold A2Z till tomorrow if possible) …

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Markets likely to open slightly higher. Resistance for Nifty is at 5360 and support at 5200. Buy TTK Prestige above 3170, target: 3195. Stoploss: 3145 – (avoid after gap up opening) 9.21am – Buy Kotak Mahindra bank at 604, target: 615. Stoploss: 596 – (Exit from Kotak…

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Too early to consider this a recovery, as PMI data usually contrast with industrial production data Though industrial data for May remained bleak, HSBC’s Purchasing Managers Index (PMI) for manufacturing pointed to a slow, but consistent, improvement in factory output. The index rose t…

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