Second spacewalk completed by US astronauts

Second spacewalk completed by US astronautsIt has been reported that two US astronauts completed their 7-hour-26-minute spacewalk Sunday after struggling with a troublesome bolt that forced them to leave some of their work undone.

Rick Mastracchio and Clayton Anderson, who are visiting the International Space Station on the space shuttle Discovery mission, removed an empty ammonia tank and installed a new one. The tank is vital to keeping the station's cooling system working.

Their spacewalk was started by the astronauts ahead of schedule, at 1:30 am (1100 IST), and finished at 8:56 am.

South Africa praised by Obama for dismantling N-weapons

South Africa praised by Obama for dismantling N-weaponsSouth Africa was praised by US President Barack Obama on Sunday for voluntarily dismantling its nuclear weapons programme as he met with South African President Jacob Zuma on the eve of a major summit on nuclear terrorism.

The two leaders have met for the first time Washington since Zuma's 2009 election.

Obama used the opportunity to outline the goals of the summit Monday and Tuesday, which is drawing 38 leaders and top officials from another nine countries.

A social networking website where anyone can express a dream drawing thousands of people

It has been reported that a social networking website where anyone can express a dream and the members commit themselves to fulfilling it is drawing thousands of people in Spain.

The website -- www. lapapaya. org -- started by Colombian architect Felipe Velazquez seeks to make the highest number of wishes come true for "everyone who is ready to dream."

According to the reports, the members known as "papayos" commit themselves to making the dreams come true, but on the condition that the person asking for a favour offers his time and effort to make wishes of three other people come true.

India is 'fully supported' by Obama over the access to Headley

India is 'fully supported' by Obama over the access to HeadleyAccording to some media reports, US President Barack Obama has assured Indian Prime Minister Manmohan Singh that he is "fully supportive" of India's request for access to David Coleman Headely, a key plotter of 26/11 attacks, but indicated it may take time due to legal procedures.

Commodity Outlook for Aluminium by KediaCommodity

AluminiumInventories of aluminum monitored by the Shanghai Futures Exchange rose by 2,148 tons to 413,008 tons, based on a survey of 11 warehouses in Shanghai, Guangdong, Jiangsu and Zhejiang, the exchange said. That's the highest level since at least 2003. Aluminium has touched a low of Rs 105.15 a kg after opening at Rs 105.45, and last traded at Rs105.3.For today market is looking for the support at 105.1, a break below could see a test of 104.9 and where as resistance is now likely to be seen at 105.5, a move above could see prices testing 105.7.

Trading Ideas:

Aluminium trading range is 104.9-105.7.

Commodity Outlook for Natural Gas by KediaCommodity

Natural GasNatural gas ended slightly down on profit booking Saturday after 4% Friday lifted by bargain-hunting despite warm spring weather and growing gas production. Gas supplies continue to increase despite relatively low prices, placing downward pressure on the market. Natural Gas yesterday we have seen that market has moved -0.17%. Market has opened at 181.1 & made a low of 180.8 versus the day high of 181.9. The total volume for the day was at 859 lots and the open interest was at 14683.Now support for the Natural Gas is seen at 180.6 and below could see a test of 180.2. Resistance is now likely to be seen at 181.7, a move above could see prices testing 182.4.

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News in Focus

Mitesh Thakkar: BUY HUL, IDFC First Bank, Tech Mahindra and Voltas

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Sudarshan Sukhani: BUY Tata Consumer, Lupin, Axis Bank; SELL HDFC Life

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Mitesh Thakkar: BUY Cholamandalam Investment, Divi’s, Tata Steel and Bosch

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