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Trendline Resistance: The Nifty has adhered to a falling trend line since last week of April, 2011. This blue coloured trendline (refer chart) has been acting as a resistance in the short term.

Short / Medium Term Oscillator: The short term oscillator apart from being oversold is now exhibiting positive divergence. The medium term oscillators continue to be on the buy mode after a good weekly closing.

Film: "Veera"; Cast: Ravi Teja, Kajal Agarwal, Tapsee, Prakash Raj, Pradeep Rawat, Sridevi Vijayakumar, Rahul Dev and Brahmanandam; Director: P. Ramesh Verma; Producer: Ganesh Indukuri; Music Director: S. S. Taman; Camera: Chota K. Naidu; Rating: * 1/2

It was quite a roller coaster ride during the week for the market. Nifty started the week on a rough note when it erased all the gains that it had recorded in the previous session.

Mumbai, May 22 : She is all of 23, suffers from a heart problem, but her zest for life and music keeps her going. British singer-songwriter Jessica Ellen Cornish, popularly known as Jessie J, says she will never give up performing because music is her drug.

"I live on music-singing and performing is my drug," Jessie J told IANS in an e-mail interview from London.

Voltas Ltd’s Q4FY11 revenue grew by 16.4%YoY to Rs16.8bn. As expected, OPM contracted by 210bps to 8.4% dragged by Electro-Mech segment (PINCe 8.6%). Lower operating profit coupled with higher interest charges translated in a 23.9% fall in adj. net profit to Rs961mn (PINCe Rs882mn). Reported net profit was Rs1.0bn including exceptional income of Rs77mn.

Muted performance by Electro-Mech (MEP) segment:

Film: "Pyaar Ka Punchnama"; Cast: Raayo Bakhirta, Nushrat Bharucha, Sonalli Sehgal, Divyendu Sharma, Ishitta Sharma and Kartikeya Tiwari; Writer-Director: Luv Ranjan; Rating: *** 1/2

"Pyaar Ka Punchnama" packs in a precocious punch. In telling the story of three friends-cum-flatmates who get into 'serious' relationships with three self-serving working-class female monsters of the concrete jungle, debutant director Luv Ranjan gives us a film that's fresh, flavourful and finally hugely rewarding.