Tuesday, March 30, 2010

Opening Bell

Markets are likely to open in green. SGX Nifty +19 (5,284.50). US Markets on Tuesday traded choppy as investors weighed a rise in consumer confidence, more weakness in the housing market and a stronger dollar. Today markets are likely to trade choppy . Nifty support 5270, 5250, 5230 and resistance at 5340, 5490.

European markets update

European markets are likely to open flat to positive. FTSE set to open 5-10 points positive.

Opening Bell

Market are likely to open in green. US markets gained Monday, pushing the Dow to its highest point in a year and a half, after a report showing a rise in consumer spending added to bets about the strength of the economic recovery. Today markets are likely to trade in positive and could close at high of the day. Nifty support 5270, 5250 and resistance at 5340, 5390.