Tuesday, January 31, 2012

STOCK MARKET CALLS | ANALYSIS | NIFTY OUTLOOK : 1ST FEBRUARY 2012

STOCK MARKET REVIEW: 31st JANUARY 2012
The market today had a upward movement lead by the banks and the metal stocks. The market was skeptical about the outcome of the talks going on in Greece but the hope of finding a sound solution has made rupee appreciate.

BSE Sensex ended at 17,193 up 330.25 points or 1.96% from the last close. It earlier touched a day's high of 17,238 and day’s low of 16,965.  NSE NIFTY closed at 5,199 up 111.95 points. The index hit an intra-day high of 5,215 and an intra-day low of 5,120.
The BSE Mid-Cap index gained 1.99% while the BSE Small-Cap index was up 1.41%.CNX MIDCAP 50 index gained 2.59% and S&P CNX 500 was down 2.18%.

THINGS TO KEEP AN EYE ON FOR TOMORROW SESSION:
The global economic scenario and the results of Indian corporate will guide the market.
Nifty Gainers

  • HINDALCO changed 8.07%.With volume 11,436,000
  • RCOM changed 7.31% with volume 10,445,000 and
  • SESAGOA changed 7.12% with volume of 5,534,000.
Nifty Losers

  • COALINDIA changed -2.31% volumes 6,397,000
  • SIEMENS changed -1.86% with volume 854,000
  • PNB changed -1.19% with volume 2,098,000
NIFTY OUTLOOK FOR TODAY 1ST FEBRURAY  2012
NIFTY SPOT LEVEL
TREND – sideways
SUPPORT AND RESISTANCE:
SUPPORT LEVELS
Support 1: 5140
Support 2: 5075
RESISTANCE LEVELS
Resistance 1: 5315        
Resistance 2: 5365
BANK NIFTY FUTURES
TREND- sideways
SUPPORT AND RESISTANCE:
The Support and Resistance for Bank Nifty Futures
Support 1: 9700   
Support 2: 9520
RESISTANCE LEVELS 
Resistance 1:10140
Resistance 2: 10340
STOCK CASH PICKS FOR TOMORROW
CENTRAL BANK (CASH)
SUPPORT 1: 79,  
SUPPORT 2: 75 
RESISTANCE 1: 87,
RESISTANCE 2: 95.
CIRN INDIA (FUTURES) 
SUPPORT 1: 330,S
SUPPORT 2: 320 
RESISTANCE 1: 345,  
RESISTANCE 2: 355.

1 comments:

Geet Khare said...

Tata Motors, Infosys and Tata Motors DVR are among the gainers whereas Cipla, Bharti Airtel and ONGC are losing on the NSE.capitalstars

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