NIFTY OUTLOOK FOR 2ND MAY 2012
NIFTY SPOT LEVEL
TREND – BEARISH
SUPPORT 1 | 5210 |
SUPPORT 2 | 5170 |
RESISTANCE 1 | 5270 |
RESISTANCE 2 | 5300 |
BANK NIFTY FUTURES
TREND- BEARISH
SUPPORT 1 | 10200 |
SUPPORT 2 | 10130 |
RESISTANCE 1 | 10350 |
RESISTANCE 2 | 10430 |
STOCK FUTURES CALLS
SELL MARUTI FUTURES BELOW 1343 TG 1335, 1325, 1315 SL 1357.15
POSITIONAL UPDATE: MARUTI FUTURES ON FIREEEEE 3RD TG 1345 ACHIEVED,DAY LOW IS 1343.15 BOOK FULL PROFIT
UPDATE: MARUTI FUTURES ON FIREE, SUPERB PROFIT CONTINUES 2ND TG 1325 ALMOST ACHIEVED,BOOK MORE PROFIT
UPDATE: MARUTI FUTURES ON FIREE, SUPERB PROFIT CONTINUES 2ND TG 1325 ALMOST ACHIEVED,BOOK MORE PROFIT
UPDATE: SUN TV FUTURES MADE NEW HIGH 304.45 BOOK PARTIAL PROFIT 2ND TG IS 306.25
STBT UPDATE: VIP FUTURES MADE DAY LOW 91.7 HOPE U HAVE BOOK PROFIT IN IT
STBT CALL: SELL CENTURY TEXTILES FUTURES AROUND CMP 322.5 AND HOLD
SENSATIONAL PROFIT CENTURY TEXTILES FUTURES MADE NEW LOW 316.9 BOOK FULL PROFIT
STOCK MARKET REVIEW: 30TH APRIL 2012
BSE Small-Cap index was up by 0.57% while the BSE Mid-Cap index finished 0.69% up.CNX MIDCAP 50 index was up 0.74% and S&P CNX 500 was up around 0.75%. The SENSEX closed 131 points up at 17,318 and the NIFTY stood at 5148, up by 39 points.
BSE SENSEX and NIFTY started the week with positive moves on MONDAY as traded over global sentiments than to local ends. Global markets traded higher as weaker than expected 1st Quarter growth data from U.S. raised expectations of another round of stimulus from Federal Reserve. Most of the participant avoided the market as weaker cues from CHINA and JAPAN resulting comparatively poor turnover. The bull rally was led by technology and software stocks as IT giant INFOSYS and TCS rose 2.63 percent and 4 percent respectively. Reality stocks also supported the markets as ended in decent gains due to short covering.
Nifty Gainers
Today’s nifty top gainer were
TCS changed 3.81% with 23, 02,363 volumes
JINDAL STEEL changed 3.73% with 19, 46,425 volumes
POWERGRID changed 3.08% with 17, 99,662 volumes
Nifty Losers
Today’s nifty top losers were
BHEL with volume 54, 26,111 and changed -2.27%
MARUTI with volume 9, 56,055 and changed -1.75%
AXISBANK with volume 17, 72,972 and changed -1.38%
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