Indian Rupee Update

The Indian rupee advanced in the early trade on Thursday. It has opened with a gain of 18 paise at 59.48 per dollar as against previous day’s closing value of 59.66 a dollar.

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Asian Markets Mixed; Nikkei Gown, Hang Seng Gains

Asian equities turned mixed on Thursday following overnight losses on Wall Street, despite robust growth figures from the world’s third-largest economy.

China’s Shanghai Composite fell 0.34 percent or 6.99 points at 2,040.92.

Hong Kong’s Hang Seng rose 0.30 percent or 68.62 points at 22,651.39.

Japan’s Nikkei shed 0.83 percent or 119.75 points at 14,286.01.

Singapore’s Straits Times was flat at 3,261.77.

South Korea’s Seoul Composite was up 0.15 percent or 3.08 points at 2,013.91.

Taiwan’s Taiwan Weighted was down 0.22 percent or 19.39 points at 8,855.

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Intraday Stock Market Tips for Today 15-05-2014

BUY BGR ENERGY (LCP-176.4) ABOVE 178 TG-181-185

SELL YES BANK (LCP 522.35) BELOW 521 TG-517-511

SELL ADANI (LCP 498.5) BELOW 497 TG-493-488

BUY LA OPALA (LCP-951.4) ABOVE 953 TG-959-967

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Bank Nifty Support & Resistance Levels 15-05-2014

CH BANK NIFTY TREND – BULLISH

BANK NIFTY FUTURE LEVELS

SUPP 1: 13950

SUPP 2: 13680

RES 1: 14420

RES 2: 14750

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