NIFTY OUTLOOK FOR 1ST AUG 2012
NIFTY SPOT LEVEL
TREND – BEARISH
SUPPORT 1 | 5175 |
SUPPORT 2 | 5125 |
RESISTANCE 1 | 5260 |
RESISTANCE 2 | 5290 |
BANK NIFTY FUTURES
TREND- BEARISH
SUPPORT 1 | 10260 |
SUPPORT 2 | 10135 |
RESISTANCE 1 | 10490 |
RESISTANCE 2 | 10595 |
EXPERT VIEW:
Nifty above 5250 Shop: Sudarshan Sukhani
Stuenalistiks dot com 's Technical Analyst Sudarshan Sukhani, the edge of the Nifty long positions if the trend appears to be made.
Sudarshan sukhani syas that if in today’s market session nifty closes above 5,250 level then it should the new shopping strategy.
31ST JULY PERFORMANCE:
TITAN FUT 3TG, UNITED SPIRITS FUT 3TG,
TITAN PUT 3TG, GEOMETRIC 3TG,
TTK PRESTIGE 3TG, COX & KINGS 3TG,
BAYER CROPSCIENCE 2TG. COX & KINGS 2ND CALL 2TG,
ONELIFE CAPITAL 2TG, PETRONET FUT 2TG,
YES BANK FUT 1TG, TATA GLOBAL FUT 1TG,
POS ACC FUT 1TG, BANKNIFTY FUT 1TG,
ACC CALL 1TG,
STOCK MARKET REVIEW: 31ST JULY 2012
BSE Small-Cap index was up .11% while the BSE Mid-Cap index finished .77% up.CNX MIDCAP 50 index was up .80% and S&P CNX 500 was up around .55%. The SENSEX closed 92 points up at 17,236 and the NIFTY stood at 5,229 up by 29 points.
BSE SENSEX and NIFTY moved in the positive territory with BSE benchmark rising with 92 points and NSE benchmark rose by 29 points. The benchmarks were in a downward trend in initial hours of the market due to the unchanged rate cuts by RESERVE BANK OF INDIA. However, the stability in the European markets ahead of European Central Bank (ECB) meet helped Indian Markets to bounce back. A high buying pressure was seen in index heavyweights IT, Realty and FMCG sector. WIPRO, ONGC , HDFC and GAIL surged by 1%-2% whereas BHARTI AIRTEL, SBIN , JINDAL STEEL & POWER and M&M tanked by 1%-2%.
Nifty Gainers
Today’s nifty top gainer were:
GRASIM changed 3.96% with 2, 44, 821 volumes
ONGC changed 3.83% with 27, 50, 557 volumes
DLF changed 3.62% with 84, 44, 077 volumes
Nifty Losers
Today’s nifty top losers were:
BHARTI AIRTEL with volume 79, 47, 206 and changed -2.70%
BANKBARODA with volume 17, 76, 809 and changed -2.65%
HEROMOTO with volume 2, 50, 491 and changed -1.30%