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Index making a broadening pattern: The Nifty has made a broadening pattern over the last two months. It has now bounced off the lower support line of the pattern on two occassions. A break below this pattern can possess the potential to cause very serious damage to the trend. The lower level is indicated around 5750 - 5700.

Short / medium term momentum is oversold: The short / medium term oscillator (Slow Stochastics) has started moving up again after a slight drop. The position of the indicator points to a recovery in the offing. The extent of the recovery however, cannot be ascertained.

Commodities: Metals are choppy but still advancing very steadily. Copper has made fresh high indicating greater strength. Subject to base levels being protected, the advance can continue.

Equity indices: The indices have had a very chaotic time last two weeks. The level of 5750, which we have been insisting is a very critical level has proved itself to be just that in these days.

Actress Kangana Ranaut reportedly walked out of the upcoming Balaji Telefilms project Ragini MMS after she acquired cold feet on hearing that the upcoming Bollywood film is replete with explicit content. Although the reports have not been confirmed by the actress or her representatives in Bollywood, it is to be assumed that this is the reason why Kangana Ranaut said no to the project because a lot was being written on the sexual content and skin show that the lead character would have to engage in. Kangana was to play the lead role of Ragini in the forthcoming film.

Bollywood ace director Farah Khan and ace music composer Anu Malik are considered almost the best of buddies yet there is that certain element that is missing in their professional relationship.

The tabloids are pouring in with reports about how Anu Malik was not quite pleased with Farah Khan for her decision to only offer him to work on the end credit song of the forth coming block buster Tees Maar Khan. Now according to the buzz, Anu Malik was not keen to do just the music end credit song so he refused to work for the film's music. Thus, he has been upset with Farah Khan.

American actress and singer Hilary Duff takes real good care of her health and that was evident when she was recently spotted in the early morning hours walking to her Pilates classes. It is not only Pilates, Hilary Duff also makes it a point to shop the goods that she requires all by herself. Yes, the actress was photographed by several cameras exercising and shopping for two consecutive days. The first day the media reported that Hilary Duff was seen making a dash for her gym while she was later seen shopping for a variety of goods at the Neiman Marcus store.