Share Tip

Sell MOSERBAER only below 63.90, Target 61, 60. Strict SL - 66.10.

Global Market Indian ADR's

Yesterday in US mkts: Dow Jones ended down 8 points at 8017; slips 75 points from days high of 8092. Nasdaq ended down 5.6 points at 1674, slips 16 points from days high of 1690. S&P 500 ended down 2.3 points at 855, slips 10 points from days high of 865.
Indian ADRs ended mostly lower on Tuesday. In IT space, Satyam Computers was down 3.8% at $ 1.77, Wipro was down 0.76% at $ 9.09, Infosys was down 0.03% at $ 28.66 while Patni Computers was up 0.41% at $ 7.34. In Telecom space, MTNL was down 1.03% at $ 2.87 while Tata Communication was up 0.41% at $ 7.34. In banking space, ICICI bank was down 1.9% at $ 18.1 while HDFC Bank was down 1.22% at $ 73.82. In other sectors, Sterlite Industries was down 5.8% at $ 7.64, Tata Motors was down 1.35% at $ 7.3 and Dr Reddy’s Labs was down 1.62%

Market Opening & Nifty Support - Resistance

Levels given for May NIFTY Future. Don't mix this with April Future
NF Crossing above 3375
Will move up towards
3397 - 3413 - 3430
Crossing over 3432 with volumes?
it will try very hard to kiss
3446 - 3463 - 3475 - 3486
On the Lower Side
NIFTY Future breaking below 3350
Can fall up to
3340 - 3329 - 3306 - 3295. Below 3285?
Can fall up to
3240 - 3178