US Markets ended lower. Europe ended positive. Asia has opened positive. Expect the Indian markets to have a flat to positive opening. NIFTY Technicals : S 2 4835.5 S 1 4876.45 Pivot *4900.95* R 1 4941.9 R 2 4966.4 Day Trading Ideas : Hindalco : Buy above 148 for targets of 150 & 153. SL [...]
State of Markets abroad : US Markets ended lower. Europe ended mixed. Asia has opened lower. Expect the Indian markets to have a flat to negative opening. NIFTY Technicals : S 2 4859.5 S 1 4901.7 Pivot *4965.65* R 1 5007.8 R 2 5071.75 Day Trading Ideas : Hindalco : Buy above 145 for targets [...]
US Markets ended flat. Europe ended mixed. Asia has opened mixed too. Expect the Indian markets to have a flat to positive opening. The crucial support on the downside for the Nifty is 5100-5030 and resistance at 5175-5250
US Markets ended flat. Europe ended flat too. Asia has opened flat. Expect the Indian markets to have a flat to negative opening. The crucial support on the downside for the Nifty is 4800 and resistance at 4918-4975-4993
US markets ended higher.Europe ended higher too.Asia is ought to open positive.Expect the Indian Markets to open positive. With a Gap up opening of 200 to 250 points.The support for the Sensex is 14150 and the resistance to the up move is at 14381-14548Nifty: (4234) the support for the Nifty is at 4200 and the [...]
Nirmal Bang has advised traders to buy and hold Hindalco for target ofRs 83-88. “Buy and hold Hindalco as the scrip has corrected almost 36% from the top of Rs 106 to the low of Rs 68. Support exit in the region of Rs 71-68 and resistance at Rs 75. If maintains above Rs 75 [...]
Investors with a long-term perspective can continue to hold the Hindalco (Rs 59) stock even if the company’s near-term earnings performance is lacklustre. Hindalco’s operations have delivered reasonable growth on a standalone basis, but muted profitability and high debt of the Novelis acquisition have brought down valuations in recent times. As a low cost and [...]
US markets ended flat after a volatile section.Europe also ended in red.Asia has opened flat.Expect Indian Markets to have a flat to gap down opening. The support for the Sensex is 8400-8168 and the resistance to the up move is at 8700 Nifty: (2675) the support for the Nifty is at 2600-2484 and the resistance [...]
US markets crack down.Europe ended flat.Asia has opened flat. Expect Indian Markets to open flat to negative. The support for the Sensex is 8865 and the resistance to the up move is at 9445 Nifty: (2789) the support for the Nifty is at 2727-2685 and the resistance to the up move is at 2890 Day [...]
US markets ended mixed.Europe was trading in red. Asia has opened mixed.I expect Indian markets to open flat to negative.Markets may remain volatile throught the day. The support for the Sensex is 9034-8940-8868 and the resistance to the up move is at 9232 Nifty: (2767) the support for the Nifty is at 2705 and the [...]