STOCK MARKET CALLS | ANALYSIS | NFTY OUTLOOK : 1ST DECEMBER 2011

STOCK MARKET REVIEW: 30^th NOVEMBER 2011

CNX Midcap index was down today: 30^th  November 2011, 0.20% about and S&P CNX 500 gained about 0.19% while BSE small cap index lost at 0.73% and Midcap lost at 0.66% respectively.

The BSE Sensex ended at 16123.45 gaining 115 points. The NSE Nifty closed at 4832.05 gaining 26.95 points.

It was the result of GDP numbers that came in the market that market out performed each and every one. Market started negative but after the announcement of GDP numbers market soon recovered and closed well above the 4830 mark which was a strong resistance level.

Stock market is more likely to expect bearish.

Today’s Nifty Top gainers were:

POWERGRID with volume and changes 291,137,770.45and 4.1 %.

AIRTEL with volume and changes 2,588,953,476.15and 3.3%.

SUN PHARMA with volume and changes 279,692,814.85and 3.2%.

Today’s Nifty Top losers were:

SAIL with volume and changes 857,460,448.45and [4.3] %.

RANBAXY with volume and changes 447,413,809.45and [3.9] %.

STERLITE with volume and changes 491,562,820.50and [3.0] %.

Nifty can be expected to follow UP trend in a long term. It seems to be varying between 4700-4900

TECHNICAL CALLS FOR TODAY: 1^ST DECEMBER  2011

TITAN

TITAN closed today’s session at 177.65. Support and resistance levels for the share for the next trading session are:

Resistance 1-180

Resistance 2- 184

Support 1- 174

Support 2-170
PANTALOON

PANTALOON has seen trading within the range of 1649. Expected levels for this script are as follow:

Resistance 1-1660

Resistance 2- 1675

Support 1- 1635

Support 2-1625
SIEMENS

SIEMENS closed trading at 688.95 Expected resistance and support levels for the scrip for the next trading session are:

Resistance 1-694

Resistance 2- 700

Support 1- 680

Support 2-674

NIFTY OUTLOOK FOR TODAY 1^ST DECEMBER 2011

NIFTY SPOT LEVEL
The Nifty Index opened at 4766.15 and finally closed at 4832.05 rallying UP 26.92 points (0.56%) The Nifty high and low of the day were 4851.55 and 4754.80 respectively. 

The Nifty Futures made an UPTREND of 26.50 points and finally settled at 4843.12. The 30-share BSE Sensex was trading at 16123.46 UP 115.12 points.

Market seems to be strongly trades between 4825-4875 in narrow perspective and in broad perspective it seems to be vary between 4765-4915.

TREND – BEARISH.

SUPPORT AND RESISTANCE:

The Support and Resistance for Nifty Spot levels

Support 1: 4825   Support 2: 4765

Resistance 1:4875    Resistance 2: 4915

BANK NIFTY FUTURES

Bank Nifty Futures seems to be strongly a trade between 8470-8710 in narrow perspective and in broad perspective it seems to be vary between 8350-8880.

SUPPORT AND RESISTANCE:

The Support and Resistance for Bank Nifty Futures

Support 1: 8470 Support 2: 8350

Resistance 1: 8710 Resistance 2: 8880

STOCK MARKET CALLS | ANALYSIS | NFTY OUTLOOK : 30th NOVEMBER 2011

STOCK MARKET REVIEW: 29^th NOVEMBER 2011

CNX Midcap index was down today: 29^th  November 2011, 0.88% about and S&P CNX 500 lost about 0.93% while BSE small cap index lost at 0.18% and Midcap lost at 0.56% respectively.

The BSE Sensex ended at 160008.34 losing 158.79 points. The NSE Nifty closed at 4805.10 losing 46.20 points.

As expected it was a trap from the market that many of the traders were having long positions in the morning session. After the market opened it was positive but as the day progressed the market moved towards bearish trend. The trend continued for the whole day and at last gave a good bear trend.

Stock market is more likely to expect bearish.

Today’s Nifty Top gainers were:

DR REDDY with volume and changes 438,870,947.65and 2.8 %.

BAJAJ AUTO with volume and changes 977,349,888.55and 1.9%.

M&M with volume and changes 1,134,858,762.60and 1.7%.

Today’s Nifty Top losers were:

AIRTEL with volume and changes 2,266,389,052.40and [3.6] %.

DLF with volume and changes 941,530,526.25and [3.2] %.

PNB with volume and changes 506,396,493.30and [3.0] %.

Nifty can be expected to follow UP trend in a long term. It seems to be varying between 4700-4900

TECHNICAL CALLS FOR TODAY: 29^TH NOVEMBER 2011

PANTALOON

PANTALOON closed today’s session at 196.70. Support and resistance levels for the share for the next trading session are:

Resistance 1-200

Resistance 2- 205

Support 1- 192

Support 2-189

BAJAJ AUTO

BAJAJ AUTO has seen trading within the range of 1649. Expected levels for this script are as follow:

Resistance 1-1660

Resistance 2- 1675

Support 1- 1635

Support 2-1625

TITAN

TITAN closed trading at 185.30 Expected resistance and support levels for the scrip for the next trading session are:

Resistance 1-188

Resistance 2- 192

Support 1- 182

Support 2-179

NIFTY OUTLOOK FOR TODAY 30^TH NOVEMBER 2011

NIFTY SPOT LEVEL
The Nifty Index opened at 4864.20 and finally closed at 4805.30 rallying DOWN 46.30 points (3.00%) The Nifty high and low of the day were 4866.10 and 4787.10 respectively. 

The Nifty Futures made an DOWNTREND of 58.30 points and finally settled at 4812. The 30-share BSE Sensex was trading at 16008.34 DOWN 158.59 points.

Market seems to be strongly trades between 4765-4875 in narrow perspective and in broad perspective it seems to be vary between 4730-4915.

TREND – BEARISH.

SUPPORT AND RESISTANCE:

The Support and Resistance for Nifty Spot levels

Support 1: 4765   Support 2: 4730

Resistance 1:4875    Resistance 2: 4915

BANK NIFTY FUTURES

Bank Nifty Futures seems to be strongly a trade between 8520-8720 in narrow perspective and in broad perspective it seems to be vary between 8350-8880.

SUPPORT AND RESISTANCE:

The Support and Resistance for Bank Nifty Futures

Support 1: 8530   Support 2: 8350

Resistance 1: 8720 Resistance 2: 8880

NIFTY SPOT LEVEL: 30^th NOVEMBER 11

In upcoming trading session there is higher possibility that nifty spot manages between narrow range of 4765-4875, and if it breaks the level 4765 Then it would go down and next support would be 4730 and if it breaks the level 4875 then would go higher and next resistance would be 4915 i.e. Nifty would vary between broad range of 4730-4915.

BANK NIFTY FUTURES:  30^th NOVEMBER 11

In upcoming trading session, Bank Nifty Futures is possible to vary between narrow ranges of 8530-8720, and if it breaks the level 8530 then it would go down up to next support 8350. If bank nifty futures sustain at 8720, then it would make high up to next resistance 8880, that is bank nifty future would vary between broad range of 8530-8720

STOCK MARKET CALLS | ANALYSIS | NFTY OUTLOOK : 29th NOVEMBER 2011

STOCK MARKET REVIEW: 28^th NOVEMBER 2011

CNX Midcap index was up today: 28^th  November 2011, 1.76% about and S&P CNX 500 GAINED about 2.60% while BSE small cap index gained at 1.72% and Midcap gained at 1.50% respectively.

The BSE Sensex ended at 16167.13 gaining 471.70 points. The NSE Nifty closed at 4851.30 gaining 141.25 points.

Ahh happy days are here again. Market right from the opening gave a clear picture of a strong positive finish. This can’t be said that market is now set for bullish trend it can be another set for what is called as new lows. In this market it will be highly dangerous to create fresh positions as it can cause holdings for long term.

Stock market is more likely to expect BULLISH.

Today’s Nifty Top gainers were:

HINDALCO with volume and changes 911,336,393.35and 9.6 %.

IDFC with volume and changes 679,227,650.90and 6.6%.

ACC with volume and changes 266,666,846.30and 6.5%.

Today’s Nifty Top losers were:

BAJAJ with volume and changes 1,173,517,161.30and [1.3] %.

HEROMOTOCORP with volume and changes 1,598,511,384.75and [0.1] %.

Nifty can be expected to follow UP trend in a long term. It seems to be varying between 4700-4900

TECHNICAL CALLS FOR TODAY: 28^TH NOVEMBER 2011

REC

REC closed today’s session at 192.50. Support and resistance levels for the share for the next trading session are:

Resistance 1-195

Resistance 2- 199

Support 1- 188

Support 2-185

EDUCOMP

EDUCOMP has seen trading within the range of 216.60. Expected levels for this script are as follow:

Resistance 1-220

Resistance 2- 224

Support 1- 213

Support 2-210

JSW

JSW closed trading at 611.55 Expected resistance and support levels for the scrip for the next trading session are:

Resistance 1-617

Resistance 2- 623

Support 1- 600

Support 2-590

NIFTY OUTLOOK FOR TODAY 29^TH NOVEMBER 2011

NIFTY SPOT LEVEL
The Nifty Index opened at 4769.30 and finally closed at 4851.30 rallying UP 141.35 points (3.00%) The Nifty high and low of the day were 4859.10 and 4766.40respectively.

The Nifty Futures made an UPTREND of 162.55 points and finally settled at 4873.50. The 30-share BSE Sensex was trading at 16167.13 UP 471.70 points.

Market seems to be strongly trades between 4780-4880 in narrow perspective and in broad perspective it seems to be vary between 4730-4925.

TREND – BEARISH.

SUPPORT AND RESISTANCE:

The Support and Resistance for Nifty Spot levels

Support 1: 4780   Support 2: 4730

Resistance 1:4880    Resistance 2: 4925

BANK NIFTY FUTURES

Bank Nifty Futures seems to be strongly a trade between 8720-8990 in narrow perspective and in broad perspective it seems to be vary between 8550-9190.

SUPPORT AND RESISTANCE:

The Support and Resistance for Bank Nifty Futures

Support 1: 8720    Support 2: 8550

Resistance 1: 8990 Resistance 2: 9190

NIFTY SPOT LEVEL: 29^th NOVEMBER 11

In upcoming trading session there is higher possibility that nifty spot manages between narrow range of 4780-4880, and if it breaks the level 4780 Then it would go down and next support would be 4730 and if it breaks the level 4880 then would go higher and next resistance would be 4925 i.e. Nifty would vary between broad range of 4730-4925.

BANK NIFTY FUTURES:  29^th NOVEMBER 11

In upcoming trading session, Bank Nifty Futures is possible to vary between narrow ranges of 8720-8990, and if it breaks the level 8720 then it would go down up to next support 8550. If bank nifty futures sustain at 8990, then it would make high up to next resistance 9190, that is bank nifty future would vary between broad range of 8550-9190.

STOCK MARKET CALLS | ANALYSIS | NFTY OUTLOOK : 28th NOVEMBER 2011

STOCK MARKET REVIEW: 25^th NOVEMBER 2011

CNX Midcap index was up today: 25^th  November 2011, 0.17% about and S&P CNX 500 lost about 0.55% while BSE small cap index gained at 0.84% and Midcap gained at 0.38% respectively.

The BSE Sensex ended at 15695.43 losing 163.06 points. The NSE Nifty closed at 4710.05 losing 46.10 points.

Picture of the market was bearish from the start. It was just 32 points minus(nifty) but as the day progressed it fell in the free fall of gravity down. At one moment the market was almost 160 points down but soon it recovered and gave a 100 points negative close.

Stock market is more likely to expect BULLISH.

Today’s Nifty Top gainers were:

L&T with volume and changes 4,326,359,823.45and 3.4 %.

BHEL with volume and changes 1,481,803,050.20and 3.2%.

BPCL with volume and changes 871,774,674.70and 3.1%.

Today’s Nifty Top losers were:

MARUTI with volume and changes 636,709,269.80and [3.9] %.

HINDALCO with volume and changes 617,717,909.40and [3.9] %.

RPOWER with volume and changes 187,053,342.50and [3.5] %.

Nifty can be expected to follow UP trend in a long term. It seems to be varying between 4600-4800

TECHNICAL CALLS FOR TODAY: 28^TH NOVEMBER 2011

LOVABLE LINGERIE

LOVABLE LINGERIE closed today’s session at 373.75. Support and resistance levels for the share for the next trading session are:

Resistance 1-378

Resistance 2- 382

Support 1- 368

Support 2-362

SBI

SBI has seen trading within the range of 1690.75. Expected levels for this script are as follow:

Resistance 1-1705

Resistance 2- 1720

Support 1- 1674

Support 2-1660

JINDAL STEEL

JINDAL STEEL closed trading at 487.25 Expected resistance and support levels for the scrip for the next trading session are:

Resistance 1-493

Resistance 2- 500

Support 1- 480

Support 2-475

NIFTY OUTLOOK FOR TODAY 28^TH NOVEMBER 2011

NIFTY SPOT LEVEL
The Nifty Index opened at 4731.30 and finally closed at 4710.05 rallying DOWN 46.40 points (0.98%) The Nifty high and low of the day were 4779.50 and 4640.95respectively.

The Nifty Futures made a DOWNTREND of 74.30 points and finally settled at 4707.30. The 30-share BSE Sensex was trading at 15695.43 DOWN 163.05 points.

Market seems to be strongly trades between 4760-4850 in narrow perspective and in broad perspective it seems to be vary between 4695-4905.

TREND – BEARISH.

SUPPORT AND RESISTANCE:

The Support and Resistance for Nifty Spot levels

Support 1: 4630   Support 2: 4580

Resistance 1:4780    Resistance 2: 4870

BANK NIFTY FUTURES

Bank Nifty Futures seems to be strongly a trade between 8470-8700 in narrow perspective and in broad perspective it seems to be vary between 8300-8860.

SUPPORT AND RESISTANCE:

The Support and Resistance for Bank Nifty Futures

Support 1: 8300    Support 2: 8190

Resistance 1: 8555 Resistance 2: 8710

NIFTY SPOT LEVEL: 28^th NOVEMBER 11

In upcoming trading session there is higher possibility that nifty spot manages between narrow range of 4630-4780, and if it breaks the level 4630 Then it would go down and next support would be 4580 and if it breaks the level 4780 then would go higher and next resistance would be 4870 i.e. Nifty would vary between broad range of 4630-4870.

BANK NIFTY FUTURES:  28^th NOVEMBER 11

In upcoming trading session, Bank Nifty Futures is possible to vary between narrow ranges of 8300-8555, and if it breaks the level 8300 then it would go down up to next support 8190. If bank nifty futures sustain at 8555, then it would make high up to next resistance 8710, that is bank nifty future would vary between broad range of 8190-8710.

STOCK MARKET CALLS | ANALYSIS | NFTY OUTLOOK : 25th NOVEMBER 2011

STOCK MARKET REVIEW: 25^th NOVEMBER 2011

CNX Midcap index was up today: 24^th November 2011, around 1.85% and S&P CNX 500 gained about 1.15% while BSE small cap index gained at 0.38% and Midcap gained at 1.40%.

The BSE SENSEX ended at 15858 adding 158 points. The NSE Nifty closed at 4756 gaining 50 points.

Market opened in green but sinked into deep red but after the inflation data came as a soother for the market , it not only recover all the loss but added 50  points to its previous closing.

Stock market is trading in the bearish trend.

Today’s Nifty Top gainers were:

GAIL with volume 2161402 and changed 4.26 %.

ONGC with volume 43, 81,453 and changed 4.12%.

SESA GOA with volume 33,28,120 and changed 3.73%.

Today’s Nifty Top losers were:

SAIL with volume 69, 75,556 and changed -3.19 %.

R POWER with volume 26, 37,403 and changes -2.61 %.

ACC with volume 3, 50,229 and changed -1.84 %.

Nifty is expected to follow down trend. It seems to be varying between 4635-4795

TECHNICAL CALLS FOR TODAY: 25^TH NOVEMBER 2011

PANTALOON

PANTALOON closed today’s session at 203.90. Support and resistance levels for the share for the next trading session are:

Resistance 1-206.35

Resistance 2- 211.70

Support 1- 196.10

Support 2-189.30

IFCI

IFCI has closed the trading 23.80. Expected levels for this script are as follow:

Resistance 1-27.90

Resistance 2- 25.40

Support 1- 22.40

Support 2-19.85

GLENMARK

GLENMARK closed trading at 315.20 Expected resistance and support levels for the scrip for the next trading session are:

Resistance 1-318.30

Resistance 2- 321.20

Support 1- 312.25

Support 2-309.40

NIFTY OUTLOOK FOR TODAY 25^TH NOVEMBER 2011

NIFTY SPOT LEVEL

The NSE Nifty finished at 4,756, up 50 points over the previous close. It earlier touched a day’s high of 4,771 and a day’s low of 4,639. It opened at 4,707.Market seems to be strongly trades between 4635-4795 in broad perspective and in narrow perspective it seems to be vary between 4700-4740.

TREND – BEARISH

SUPPORT AND RESISTANCE:

The Support and Resistance for Nifty Spot levels

Support 1: 4675   Support 2: 4610

Resistance 1:4740    Resistance 2: 4795

BANK NIFTY FUTURES

BANK NIFTY FUTURES is expected to go upward till the level of 8660. Bank nifty will be trading between the narrow ranges of 8300-8520.

SUPPORT AND RESISTANCE:

SUPPORT LEVELS

Support 1: 8300

Support 2: 8190    

RESISTANCE LEVELS 

Resistance 1: 8520

Resistance 2: 8660

NIFTY SPOT LEVEL: 25^th NOVEMBER 11

In upcoming trading session there is higher possibility that nifty spot manages between narrow ranges of 4635-4795, and If the market breaches the level of 4740 on the upper side then the next resistance level will be 4795. But if nifty breaches the support level of 4700 then it may go down till the level of 4635. Nifty tomorrow is strongly expected to trade between the narrow ranges of 4700-4740

BANK NIFTY FUTURES:  25^th NOVEMBER 11

In upcoming trading session, Bank Nifty Futures is possible to vary between the broad levels of 8190-8660. Bank nifty futures can go down till the level of 8190 once it breaks the level of 8300. On the opposite side once breaking the level of 8520, it is expected to go upward till the level of 8660. Bank nifty is expected to trade between the narrow ranges of 8300-8520.