Friday, July 6, 2012

STOCK MARKET CALLS | NIFTY OUTLOOK | ANALYSIS 9TH JULY 2012

NIFTY OUTLOOK FOR  9TH JULY  2012

NIFTY SPOT LEVEL   
TREND – BEARISH

SUPPORT 1
5300
SUPPORT 2
5270
RESISTANCE 1
5330
RESISTANCE 2
5350







BANK NIFTY FUTURES   
TREND- BEARISH

SUPPORT 1
10580
SUPPORT 2
10490
RESISTANCE 1
10720
RESISTANCE 2
10775

EXPERT VIEW:

Quarterly earnings look at the market: Udayan Mukherjee
18 CNBC TV 's Managing Editor, Udayan Mukherjee,the sight of this week fiscal first quarter results will be. The results will be dependent on the tone of the market, Google will be over 5400 or not it will decide the outcome of the quarter.

Udayan Mukherjee, the global pointers are visible some slack. In the United States market have been let down by disappointing employment data. Expectations of economic reforms due to weak global cues the markets have had little effect.


6TH JULY  PERFORMANCE:
CHAMBALFERT FUT 3TG, APOLLO TYRE FUT 3TG,
HERCULES HOISTS 3TG,ASIAN PAINT FUT 2TG,
 WOCKHARDT 2TG, JK CEMENT 1TG,
BTST SBI FUT EXIT AT SL
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STOCK MARKET REVIEW: 6TH JULY 2012
BSE Small-Cap index was down 0.21% while the BSE Mid-Cap index finished 0.65% down.CNX MIDCAP 50 index was down 0.78% and S&P CNX 500 was down around 0.31%. The SENSEX closed 7 points down at 17,531 and the NIFTY stood at 5,317 down by 9 points.

BSE SENSEX and NIFTY again traded in a tight range bound session for the fifth consecutive day over the weaker global cues. Even a rate cut of 25 basis points from European Central Bank could not cheer up the market and took it to end almost flat. Investors are waiting for some policy action or to establish new reforms from newly appointed finance minister Manmohan Singh to gear up the rally. Indian rupee depreciated by 54 paise or 1 percent on the second consecutive session against the DOLLAR at 55.48. However banking stocks supported the market today as banking major ICICIBANK ended with 1.65 percent gain while Metal stocks and Auto sector put the pressure over the gains.

Nifty Gainers

Today’s nifty top gainer were:
ICICIBANK changed 1.65% with 50, 88,500 volumes
M&M changed 1.41% with 18, 79,136 volumes
HINDUNILVR changed 1.17% with 19, 33,814 volumes


Nifty Losers

Today’s nifty top losers were:
JINDALSTEEL with volume 30, 68,423 and changed -3.45%
SESAGOA with volume 22, 80,277 and changed -2.03%
MARUTI with volume 6, 10,988 and changed -1.97%

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1 comments:

Peehu Sharma said...

• Crude Oil March expiry has advanced more than half a percent at $ 54 a barrel.
• Brent Oil April delivery has also added 0.5 percent at $ 57.
MCX Crude Oil tips

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