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ICICIDirect.com in its report dated March 18, 2010 says that Indian market is likely to open flat on the back of flat global and Asian cues. Nifty has supports at 5190 and 5150 and resistances at 5260 and 5290.
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ICICIDirect.com says that the Indian markets are likely to open flat to positive on the back of global and Asian cues, in its report dated March 17, 2010.
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ICICIDirect.com in its report on March 16, 2010 says that the Indian market is likely to open flat on the back of flat global and Asian cues.
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Angel Broking has come out with its report on the markets. The research firm says that the trend deciding levels for the day on Sensex and Nifty are 171795139 respectively.
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Trigyn Technologies can test Rs 2930, says Salil Sharma, Kapur Sharma.
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In an interview with CNBCTV18, Technical Analyst Ashwani Gujral spoke about his reading on the markets.
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Sudarshan Sukhani of Technical Trends is bullish on Syndicate Bank, LIC Housing, ONGC, GTL and NTPC. He advices investors to buy into these stocks.
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Technical Analyst Ashwani Gujral is bearish on IVRCL Infrastructure, Aban Offshore, IDFC, Voltas and Mahindra Mahindra (MM). He advises investors to sell these stocks.
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Sudarshan Sukhani of Technical Trends is bullish on GE Shipping, Rain Commodities, Subros, Sterlite and Tech Mahindra. He advises investors to buy these stocks.
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Anu Jain, Vice President at IIFL Private Wealth Management is bullish on Bajaj Auto, KPIT Cummins, Canara Bank, Punjab Chemical and Zydus Wellness. She advises investors to buy these stocks.
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The markets have made a fine start to the week. Both the Sensex and the Nifty were trading strong. However, the Nifty is facing a stiff resistance around the 5100 mark. It tested 5,100 on the upside earlier in the day but was unable to pick up the momentum to break it decisively. So, where are the markets headed from here?
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Finquest Securities says a breach below 4990 would indicate a breakdown from the rising channel in which case Nifty could fall towards 4800/4750 in the coming days.