Nifty Nifty has been facing strong resistance at 5600 levels. This is the same level it started to show weakness in month of August last year. Technically seems can test 5380-5400 on the downside in coming days Axis bank: Axis bank has rallied quite a bit in last few days. Technically …

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Markets likely to see a flattish opening. Support for nifty is at 5420 and resistance at 5550. Sell Tata steel 472-474, target: 465. Stoploss: 479. – (Book profit in Tata steel at 468) 1.27 pm – Buy LIC housing at 252, target: 260. Stoposs: 247 – (Book profit in LIC a…

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Markets likely to open flat. Support for nifty is at 5580 and resistance at 5620 Buy Alok Industries at 21.40, target: 23. Stoploss: 20.40 – (Book profit in Alok ind at 23) Sell Sesa goa at 246.75, target: 240. Stoploss: 251 – (sl triggered – seems there is positive ne…

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Oil and Natural Gas Corporation (ONGC) has rallied 5% to Rs 295 on reports that the overseas investors have assured the government they would buy up the proposed 5% stake sale in the company. “The representatives of various funds from Singapore, the Middle East and London, who met fina…

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Markets likely to open slightly lower. Support for nifty is at 5540 and resistance at 5610. Sell Larsen & Tubro below 1438, target: 1420. Stoploss: 1452. If markets show recovery later during the day, buy: Mphasis. …

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After hitting the six-month high level last week, stock markets are likely to see a downward trend this week with investors booking profits, analysts said. “Stock market has seen one of the biggest run-ups recently. Strong FII inflows have helped the rise. Retail investor interest …

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Markets likely to open higher. Support for nifty is at 5480 and resistance at 5560. Buy Future Capital Holdings at 151.50-152, target: 157. Stoploss: 148 – (sl triggered in fch) 1.48pm – sell JSW steel at 873, target: 858-860. Stoploss: 885 – (Book profit in JSW steel…

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Wall Street stocks rose on Thursday, with the Dow rebounding from its sharpest loss of the year, but gains were limited despite signs of an improving US economy. The Dow Jones Industrial Average was up 59.79 points, or 0.47%, at 12,840.74. The Standard & Poor’s 500 Index was u…

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By Richard Hubbard LONDON (Reuters) – European shares fell and the euro eased to a 3-week low on Thursday as a delay in a decision on a crucial bailout for Greece unnerved investors and prompted a pause in the market rally that has marked the start of 2012. A three-hour teleconfer…

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Markets likely to open flat. Support for nifty is at 5420. Resistance at 5570. Sell Tata motors below 284, target: 277. Stoploss: 289 – (Book profit in tata motors at 277-277.50) …

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