Nifty Update for May 21 - Inder Bhatia

HOURLY CHART: The Indian markets closed in the deep-red zone. The markets opened on a weak note, taking the gobal cues, and continued to slide to lower levels and breaking our weekly key level of 5080, although it managed to close above it . If Nifty breaks 5060, it can test 5020- 5000 zone; and on the upper side, 5140-5177 will act as a strong resistance zone.

HOT STOCKS: RPOWER, ADLABS;