New York, NY -- (ReleaseWire) -- 01/22/2013 -- Nokia Corporation (NYSE: NOK) opened at $4.49 and is trading in the range of $4.48 and $4.60 in the latest trading session. It is currently at $4.57, up 3.12 percent from its previous close of $4.43. Nokia shows bullish trend and the stock’s first resistance level is at $4.69. Upon breaching this level, the stock may touch $5.06. On the downside, it may slip to $4.50. Nokia deals in telecommunication hardware and services. The company is based out of Finland and offers smartphones and regular phones under various brand names including Vertu.
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Alcatel Lucent SA (NYSE: ALU) shows bullish trend as the stock is trading up in its latest session. It opened the session at $1.67 and remained in $1.66 and $1.69 price range during the session so far. The stock is currently 1.22 percent higher at $1.67. Alcatel Lucent’s first resistance level is at $1.73. Upon breaching this level, the stock may go as high as $1.79. Alcatel Lucent has traded 3.752 million shares so far. The company stock is up on the news of its winning Reliance contract for managing fixed and mobile networks in India. The contract is likely to be worth in the range of $1 billion.
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