The rupee is likely to open solider on Monday as optimism from the recent aid deal for Greece, strong growth pointers from Germany and a fluidity injection expected from the European Central Bank help progress global risk appetite.* Traders said the rupee should open around 48.75 to the dollar and move between 48.65 and 49.10. It closed at 48.9450/9550 on Friday, strengthening 0.6 percent last week, its second straight week of gain.* The European Central Bank will this week offer, for the second...

Markets have been volatile this month. Falling to its lows and immediately giving ~23% returns in just a month. I was waiting tolerantly that markets will stay at low levels for few months in which I will build positions in the stocks which I thought were attractively valued. But in vain, most of the mid caps and small caps which I mostly invest in have gained a lot. Take some instances - Banking stocks are up, almost by 25-35%. Even famous capital goods stocks like Thermax and Crompton Greaves...

Market were on flame for the 7th straight week and moved a 7-month high with both the spiders Sensex and Effective breaching the 18,100 and 5,510 levels respectively on the back of powerful international hints and overseas inflows. This move was also led by purchasing by resources and store traders. On the sectoral front side, Real estate, Power and Investment products obtained floor.Foreign Institutional Investors (FIIs) bought shares worth Rs 4,517.09 crs including provisional data of February...

NIFTY ---Nifty has no sign of weakness since Jan 2012Overall trend is bullish and decline to buying opportunityNow consider resistance 5530-5541Decisively crossover, more upside...Downside support 5470-5453, break below 5420Whereas the buying opportunity.BSE INDEX ---Trend is very bullish and dip to buying opportunityToday support 18100-17941 and resistance 18100Thereafter more upside.RELIANCE IND ---Trend is down as remain below 855But, at current level oversold counter in Bull MarketConsider...

The Indian markets started the session with good gains on the back of positive Asian cues. Buying is seen in all the sectors, with auto, capital goods, realty, banking and consumer durables among major gainers. The Sensex is trading above 18100 level for the first time since August 8, 2011.Asian stocks moved higher, with sentiment given a boost from signs that China will expand its support to Europe as the region grapples with debt woes.Out of 30 Sensex stock, Gainers - Tata Motors up by 6.74%,...

The combined market capitalisation (m-cap) of nine of the top 10 most valued companies advanced by Rs 29,775 crore last week, with TCS as the top gainer.Only Bharit Airtel posted decline. The telecom major suffered erosion of Rs 14,696 crore in value, which stood at Rs 1,32,876 crore on Friday.The company on Wednesday registered 22% fall in consolidated net profit for the October-December quarter at Rs 1,010 crore due to higher interest outgo and costs related to 3G network roll-out. It extended...

Nifty TipsNifty has finally broken major resistance level 200 DMA showing continuous upward movement and till then hold... decline to buying opportunityNow Today - consider support at 5390-5375Crossover 5450 and sustained with volumeBSE INDEXNow up-move to continue and next target of this up-move likely to be 18000-18126 thereafter more up-sideToday consider support at 17609... above 17879, stay with volume positive bias.BANK NIFTYFinally successfully crossover 10445 and closedAbove indicate more...

The lows of  4500 in the month of December we  hit 5400 on 07 Feb 2012 . Roughly a 18% gain. It was a clear indication that the markets will move up when the RBI announced a CRR cut. We were trading around 5050 in Nifty futures when the CRR cut was announced. The 200 DMA was around 5195 on the spot and we comfortably crossed that hurdle and now currently trading around 5400 levels. Around 5200 levels traders were talking about the over-bought situation in the front line stocks and the...

Bank Nifty FEB Future: (10155) Consider for this week...Buy or remain long considering 10090 a nearest & 9981 a solid support keeping stop loss of 9900. Upward side it'll rush up further to 10235 & 10303-10350 initially. A close above 10350 it'll sustain on higher levels & flare up to 10438-10498, 10653 & 11000.Nifty FEB future: (5345) Consider for this week...Buy or remain long considering 5311 & 5300-5288 solid supports keeping stop loss of 5264. Upward side it'll rush up...

"Share Trading" The Indian market opens for trade on the last day of the week on a flat-to-negative note. Earlier, the US markets closed flat with a mixed bias with the Dow down 11 and Nasdaq up 11 odd points while Asia is soft at this hour. Sensex is trading at 17421, down 8 points from its previous close, and Nifty is at 5261, down 7 points. CNX Midcap index is up 0.2% and BSE Smallcap index is up 0.3%. The market breadth is positive with advances at 379 against declines of 311 on the NSE. Buy...

After testing the low of 5158, Nifty pulled back in the green as positive cues from European peers boosted sentiments and closed above the psychological level of 5100 suggesting that momentum. If NIFTY trades above 5260 and then 5280 is possible. On the downside, the support would be at 5150/5120 levels. Short term traders are advised to avoid fresh long positions at this point of time as the ceiling of the downward price channel formed on weekly chart at 5280 will act as a strong short term hurdle...

The Indian market opens for trade this morning on a flat and subdued note, with a negative bias. Earlier, the US markets ended flat with the Dow down 20 odd points while Asia is mixed at this hour. Sensex is trading at 17166, down 26 points from its previous close, and Nifty is at 5185, down 13 points. CNX Midcap index is down 0.1% and BSE Smallcap index is up 0.4%. The market breadth is positive with advances at 350 against declines of 262 on the NSE.Today, the market is likely to find support...