Opening Bell

US markets closed positive on mixed economic data on pending home sales and retail sales ahead of the Fridays big employment reading.Asian markets are up smartly.Nifty too opened with a gap up presently trading at 5110.The bias is positive ,as far as nifty closes above 5093 the trend will continue to remain up.For today if nifty spot starts trading above 5119 nifty future can be bought with a stop loss of 5092.Target for this uptrend is around 5170.Realty sector looks good.

Opening Bell

US markets had a flat closing as cautious statements by Fed offset positive cues from the upbeat economic data on employment and services.Asian markets to trading flat to positive.Nifty opened flat to negative,as we have risen for three consecative days nifty might consolidate before moving up again.Nifty has to trade above 5088 for uptrend to continue, a close above 5092 will indicate further strength.Presently nifty trading at 5071.Spot Nifty trading below 5072 will indicate weakness for the day.The main trend continues to be bullish.

Overnight US markets closed flat there was optimisim that Greek bail out is coming soon.Asian markets too are trading flat to positive.Nifty opened with a positive bias, currently trading at 5053,if it trades above 5055 then nifty will show strength.Have a stop loss of 5029 for all long positions.As far as it remains above 5029 and also if it manages to close above that the uptrend will continue.

Opening Bell

Nifty opened with a gap up,US markets went up in yesterdays trade as traders and investors welcomed an uptick in consumer spending,strong manufacturing growth and many mergers and acquisition news.Asian markets are trading mixed.Nifty presently is trading at 4987 up by 65 points.If it starts trading above 4996 one can buy nifty future with stop loss at 4965.On the other side if it starts trading below 4970 then one can short nifty with stop loss at 4999 on spot.