Monday, February 6, 2012

STOCK MARKET CALLS | ANALYSIS | NIFTY OUTLOOK : 7TH FEBRUARY 2012

STOCK MARKET REVIEW: 6th FEBRUARY 2012

The market today had a upward movement lead by the cement and capital goods stocks.
BSE Sensex ended at 17,707 up 102.35 points or 0.58 % from the last close. It earlier touched a day's high of 17,829 and day’s low of 17,595.  NSE NIFTY closed at 5,361 up 35.80 points. The index hit an intra-day high of 5,390 and an intra-day low of 5,327.
The BSE Mid-Cap index gained 1.26% while the BSE Small-Cap index was up 1.43%.CNX MIDCAP 50 index gained 1.50% and S&P CNX 500 was up 0.92%.

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

Today’s nifty top gainer were
  • ACC changed 5.74%.With volume 10,351,000
  • AMBUJA CEMENT changed 5.22% with volume 8,989,000 and
  • SIEMENS changed 4.01% with volume of 4,034,000.
Nifty Losers

Today’s nifty top losers were
  • TATA POWER changed -4.26% volumes 6,187,000
  • HUL changed -3.20% with volume 32,501,000
  • SUN PHARMA changed -2.03% with volume 6,187,000
NIFTY OUTLOOK FOR TODAY 7th FEBRUARY 2012

NIFTY SPOT LEVEL
TREND – moderately negative
SUPPORT AND RESISTANCE:
SUPPORT LEVELS
Support 1: 5325
Support 2: 5250
RESISTANCE LEVELS
Resistance 1: 5395        
Resistance 2: 5435

BANK NIFTY FUTURES
TREND- sideways to negative
SUPPORT AND RESISTANCE:

SUPPORT LEVELS
Support 1: 10130 
Support 2: 9970
RESISTANCE LEVELS 
Resistance 1:10350
Resistance 2: 10540

STOCK CASH PICKS FOR TOMORROW
BHARTI AIRTEL (CASH) SUPPORT 385, 378 RESISTANCE 398, 405.
HINDPETRO (FUTURES) SUPPORT 286, 283 RESISTANCE 290, 300.

2 comments:

stock tips said...

This is one of the awesome posts. I like your blog details.
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Nishi said...

Hi, As always, awesome interpretation, Very crisp and to the point without any bullshitting.
Great going, please continue the good work.
Thanks
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