Opening Bell

US markets finished unchanged giving of early gains on mixed economic data on jobless claims.The prospective Greek bail out did not help in generating buying interest.Asian Markets are trading flat with a positive bias.Nifty opened higher with the new April series starting from today.After yesterdays surprise bounce from lower levels nifty currently is trading at 5282.A close above 5260 will further strengthen the bullishness.Intraday traders can also have 5260 as stop loss for all long positions.The momentum is clearly in favour of bulls.The last 3 days war between bulls and bears won by bulls.Stock specific action to continue.

Opening Bell

Wall street finished lower on wednesday.Tuesday it closed higher by 100 points.Europe problems dont seem to end with Portugal bieng the new problem centre.Dollar surged ahead pushing commodity and energy stocks lower.This morning asian markets are trading lower on strong dollar.Nifty opened on a slightly weaker note and presently trading at 5213.Today is the expiry of March series, so far markets have been calm ,second half there could be volatality.If Nifty closes below 5214 then it is very negative for the markets.Nifty could slide down further.Last 3 trading sessions bulls have been trying with all out effort to close above that.But bulls will have a upper hand only above 5265 till then it is better to be carefull with longs.

Opening Bell

US markets ended on a positive note led by healthcare and pharma stocks on the back of approval of healthcare reform bill.Europe closed weak on greece debt concerns.Back in asia markets are trading mixed with positive bias.Nifty too opened with a gap up and presently is trading at 5235.yeseterday nifty spot closed below 5214 level at 5205 which is the first indication of sell signal.Since we opened gap up today the sell signal has been nullified.But if today also we close below 5214 then the sell will be reiterated.So watch out for the closing levels today.Bulls need a close above 5270.Inbetween the trend is neutral.Since we are approaching expiry this week markets could get volatile with either side movements.Stock specific action will continue with telecom space showing some strength and realty looking weak.

Opening Bell

On Friday RBI made a unexpected move by hiking the repo and reverse repo by 25 bps.The markets took it on a negative note and nifty opened gap down below 5200.Later it recovered and presently is trading at 5230.US markets closed moderately lower on friday on credit concerns in European nations.Most markets in asia are trading negatively.Nifty spot presently is in a crucial juncture.It looks like a top is either formed or going to form in the coming days.For today a close below 5214 is a first indication for longs to be carefull.For bulls they need a close above 5270 for momentum to continue.Intraday nifty spot has to trade above 5233 then the negative impact will be reduced for the day.Todays closing is very crucial for the coming trend.If we close between 5214 and 5270 then the trend is neutral.Either side break out will determine the trend for the coming days.