Wednesday, February 8, 2012

STOCK MARKET CALLS | ANALYSIS | NIFTY OUTLOOK : 9TH FEBRUARY 2012

The market today had a sideways movement today. It opened positive then moved into the red zone, but later managed to close in green. The real estate, metal were market movers. Profit booking at technically important level lead the market down for a little while.
BSE Sensex ended at 17,707 up 84.87 points or 0.48% from the last close. It earlier touched a day's high of 17,809 and day’s low of 17,579.  NSE NIFTY closed at 5,368 up 33.00 points. The index hit an intra-day high of 5,396 and an intra-day low of 5,325.
The BSE Mid-Cap index gained 1.45% while the BSE Small-Cap index was up 0.89%.CNX MIDCAP 50 gained lost 1.09% and S&P CNX 500 was up 0.80%.

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
REL INFRA changed 7.59%.With volume 3,726,000
HINDALCO changed 5.40% with volume 13,798,000and
JP ASSOCIATE changed 4.10% with volume of 18,325,000.

Nifty Losers
Today’s nifty top losers were
ONGC changed -6.81% volumes 6,603,000
ICICI BANK changed -2.06% with volume 22,410,000
TATA STEEL changed -1.15% with volume 34,594,000

NIFTY OUTLOOK FOR TODAY 9th FEBRUARY 2012
NIFTY SPOT LEVEL
TREND – moderately negative
SUPPORT LEVELS
Support 1: 5290
Support 2: 5230
RESISTANCE LEVELS
Resistance 1: 5435     
Resistance 2: 5500

BANK NIFTY FUTURES
TREND- sideways to negative
SUPPORT AND RESISTANCE:
SUPPORT LEVELS
Support 1: 5290
Support 2: 5230
RESISTANCE LEVELS
Resistance 1: 5435     
Resistance 2: 5500

STOCK CASH PICKS FOR TOMORROW
UCO BANK (CASH) SUPPORT 65.75, 60.65 RESISTANCE 77.50, 86.50.
POWER FINANCE CORP. (FUTURES) SUPPORT 180, 175 RESISTANCE 195, 200. 

2 comments:

stock tips said...

Thank you for your guiding. I try to use Thanx again for your information.your way,it’s useful.
Great, thankyou for your help.

Thanks
Regards
Stock Tips

Marry Steffen said...

Nice informative about the global economic scenario and the results of Indian corporate will guide the market.I have Costa Rica Lots Business and I should analyse the thing in this way...

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