Friday, June 22, 2012

STOCK MARKET CALLS | NIFTY OUTLOOK | ANALYSIS 25th JUNE 2012


NIFTY OUTLOOK FOR  25TH  JUNE  2012

NIFTY SPOT LEVEL   
TREND – BEARISH

SUPPORT 1
5105
SUPPORT 2
5070
RESISTANCE 1
5170
RESISTANCE 2
5200







BANK NIFTY FUTURES   
TREND- BEARISH

SUPPORT 1
9915
SUPPORT 2
9795
RESISTANCE 1
10120
RESISTANCE 2
10195



EXPERT VIEW
Economic reforms with an eye on the market: Udayan Mukherjee
This week is going to be very important for the market.Udayan Mukherjee, reports that the expiry of the futures market is going to be in June. Is believed to contain the decline of the rupee, RBI's measures, the Finance Minister about the economic recovery will be a big announcement.


22ND  JUNE  PERFORMANCE:
HINDOILEXP FUT 2TG, OIL INDIA FUT 2TG,
POS. JETAIRWAYS FUT 2TG, MASTEK 2TG,
JETAIRWAYS FUT 1TG, MARUTI JUNE CALL 1TG,
JUBLFOOD FUT 1TG, TTK PRESTIGE FUT 1TG,
MCX 1TG, TATACOFFEE FUT 1TG,
Free Trial for Technical Calls   


STOCK MARKET REVIEW: 22ND  JUNE 2012
BSE Small-Cap index was up 0.05% while the BSE Mid-Cap index finished 0.05% up.CNX MIDCAP 50 index was up 0.37% and S&P CNX 500 was up around 0.01%. The SENSEX closed 60 points down at 16,972 and the NIFTY stood at 5,146 down by 18 points.

BSE SENSEX and NIFTY traded in red on FRIDAY bounced back smartly towards the closing as banking sector capped the falls. The depreciating rupee continued to hammer over the investors belief. Indian rupee touched a fresh all time bottom 57.20 against the U.S. DOLLAR tanked 90 paise over the previous closing. Weak global fundamentals and negative opening of European markets paused the gains. However banking giants ICICI Bank and HDFC Bank supported the rally with a gain of 0.3 percent each along with Auto and Oil & Gas stocks while Cement and Metal sector traded under pressure as Cement major ACC tanked 3.25 percent on the session.


Nifty Gainers

Today’s nifty top gainer were
ONGC changed 1.74% with 22, 33,141 volumes
KOTAKBANK changed 1.48% with 8, 17,129 volumes
BANKBARODA changed 1.42% with 9, 35,946 volumes


Nifty Losers

Today’s nifty top losers were
JPASSOCIAT with volume 3, 47, 13,473 and changed -4.63%
HINDALCO with volume 90, 72,690 and changed -3.30%
ACC with volume 11, 87,962 and changed -3.29%

For free calls fill the Free Trial  form 
Join us on Facebook
Follow me on Twitter  

1 comments:

Sonal Jain said...

Crude Oil March and Brent Oil April series are up 0.2 percent each at $ 53.44 and $ 56 a barrel, respectively.
Crude Intraday Tips

Post a Comment