Markets likely to open gap down. Resistance for nifty is at 5120 Sell Cairn India below 330, target: 324. Stoploss: 334 9.15am- Book profit in 5100 pe at 152 10.47am – Buy Hindalco at 113.35, target: 117. Stoploss: 110. Trade in small quantity – (Book profit in Hindalco at …

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Nifty did give a negative breakout below 5130 levels on Friday. As of now next target seems to be 4950. It has strong resistance now at 5150-5160 levels and support at 4930-4950. Click on the chart below to enlarge: …

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By Edward Krudy NEW YORK (Reuters) – Wall Street ended its worst week this year with a sharp selloff on Friday after a slowdown in job creation in the world’s top economy raised the biggest question mark yet about the prospects for U.S. growth. Employers reduced hiring for t…

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Asian shares fell for a second successive day on Friday as another batch of lacklustre US data stoked concerns that the recovery in the world’s biggest economy is faltering. The euro was steady after a bumpy session on Thursday, when European Central Bank chief Mario Draghi gave a …

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Markets likely to open lower. Support for nifty is at 5160. Sell JSW Steel below 675, target: 662. Stoploss: 684 – (Book profit in JSW steel at 663) If markets show recovery later during the day, buy: Essel Propack 12.59pm- buy 5100 pe at 102.50, target: 125. Stoploss: 5140 (spo…

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Experts say moratorium on interest not a solution, debt needs to be restructured; state must look for avenues to increase revenue and curtail expenditure In March, euro zone finance ministers signed a second Greek bailout package, worth euro 130 billion. Probably, taking a cue from this,…

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Markets likely to open slightly lower. Support for nifty is at 5220 and resistance at 5310. Sell VIP Industries at 93, target: 89. Stoploss: 96 – (Avoid after gap down opening) 9.19am – Sell Tata motors at 301, target: 294. Stoploss: 307 …

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The markets on Wednesday gave a thumbs-up to Bharti Airtel, the country’s largest telecom service provider, despite it posting a decline of 28 per cent in its consolidated net income, the ninth straight quarterly drop, to Rs 1,006 crore during the fourth quarter ended March 31. Nev…

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Markets are trading in a narrow range in the noon deals. The Sensex is up 67 points at 17,386 and the Nifty has advanced 20 points to 5,268 levels. The Sensex has traded ina range of 70 points in trades so far. The Asian markets were trading higher. The nikkei advanced 0.3% to 9,380,…

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Markets likely to open slightly higher. Support for nifty is at 5180 and resistance at 5260. Buy United Spirits at 782, target: 798-800. Stoploss: 768 – (Exit united spirits at 788) Trade in small quantity. …

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