STOCK MARKET CALLS | ANALYSIS | NFTY OUTLOOK : 1ST DECEMBER 2011

STOCK MARKET REVIEW: 30^th NOVEMBER 2011

CNX Midcap index was down today: 30^th  November 2011, 0.20% about and S&P CNX 500 gained about 0.19% while BSE small cap index lost at 0.73% and Midcap lost at 0.66% respectively.

The BSE Sensex ended at 16123.45 gaining 115 points. The NSE Nifty closed at 4832.05 gaining 26.95 points.

It was the result of GDP numbers that came in the market that market out performed each and every one. Market started negative but after the announcement of GDP numbers market soon recovered and closed well above the 4830 mark which was a strong resistance level.

Stock market is more likely to expect bearish.

Today’s Nifty Top gainers were:

POWERGRID with volume and changes 291,137,770.45and 4.1 %.

AIRTEL with volume and changes 2,588,953,476.15and 3.3%.

SUN PHARMA with volume and changes 279,692,814.85and 3.2%.

Today’s Nifty Top losers were:

SAIL with volume and changes 857,460,448.45and [4.3] %.

RANBAXY with volume and changes 447,413,809.45and [3.9] %.

STERLITE with volume and changes 491,562,820.50and [3.0] %.

Nifty can be expected to follow UP trend in a long term. It seems to be varying between 4700-4900

TECHNICAL CALLS FOR TODAY: 1^ST DECEMBER  2011

TITAN

TITAN closed today’s session at 177.65. Support and resistance levels for the share for the next trading session are:

Resistance 1-180

Resistance 2- 184

Support 1- 174

Support 2-170
PANTALOON

PANTALOON has seen trading within the range of 1649. Expected levels for this script are as follow:

Resistance 1-1660

Resistance 2- 1675

Support 1- 1635

Support 2-1625
SIEMENS

SIEMENS closed trading at 688.95 Expected resistance and support levels for the scrip for the next trading session are:

Resistance 1-694

Resistance 2- 700

Support 1- 680

Support 2-674

NIFTY OUTLOOK FOR TODAY 1^ST DECEMBER 2011

NIFTY SPOT LEVEL
The Nifty Index opened at 4766.15 and finally closed at 4832.05 rallying UP 26.92 points (0.56%) The Nifty high and low of the day were 4851.55 and 4754.80 respectively. 

The Nifty Futures made an UPTREND of 26.50 points and finally settled at 4843.12. The 30-share BSE Sensex was trading at 16123.46 UP 115.12 points.

Market seems to be strongly trades between 4825-4875 in narrow perspective and in broad perspective it seems to be vary between 4765-4915.

TREND – BEARISH.

SUPPORT AND RESISTANCE:

The Support and Resistance for Nifty Spot levels

Support 1: 4825   Support 2: 4765

Resistance 1:4875    Resistance 2: 4915

BANK NIFTY FUTURES

Bank Nifty Futures seems to be strongly a trade between 8470-8710 in narrow perspective and in broad perspective it seems to be vary between 8350-8880.

SUPPORT AND RESISTANCE:

The Support and Resistance for Bank Nifty Futures

Support 1: 8470 Support 2: 8350

Resistance 1: 8710 Resistance 2: 8880

STOCK MARKET CALLS | ANALYSIS | NFTY OUTLOOK : 30th NOVEMBER 2011

STOCK MARKET REVIEW: 29^th NOVEMBER 2011

CNX Midcap index was down today: 29^th  November 2011, 0.88% about and S&P CNX 500 lost about 0.93% while BSE small cap index lost at 0.18% and Midcap lost at 0.56% respectively.

The BSE Sensex ended at 160008.34 losing 158.79 points. The NSE Nifty closed at 4805.10 losing 46.20 points.

As expected it was a trap from the market that many of the traders were having long positions in the morning session. After the market opened it was positive but as the day progressed the market moved towards bearish trend. The trend continued for the whole day and at last gave a good bear trend.

Stock market is more likely to expect bearish.

Today’s Nifty Top gainers were:

DR REDDY with volume and changes 438,870,947.65and 2.8 %.

BAJAJ AUTO with volume and changes 977,349,888.55and 1.9%.

M&M with volume and changes 1,134,858,762.60and 1.7%.

Today’s Nifty Top losers were:

AIRTEL with volume and changes 2,266,389,052.40and [3.6] %.

DLF with volume and changes 941,530,526.25and [3.2] %.

PNB with volume and changes 506,396,493.30and [3.0] %.

Nifty can be expected to follow UP trend in a long term. It seems to be varying between 4700-4900

TECHNICAL CALLS FOR TODAY: 29^TH NOVEMBER 2011

PANTALOON

PANTALOON closed today’s session at 196.70. Support and resistance levels for the share for the next trading session are:

Resistance 1-200

Resistance 2- 205

Support 1- 192

Support 2-189

BAJAJ AUTO

BAJAJ AUTO has seen trading within the range of 1649. Expected levels for this script are as follow:

Resistance 1-1660

Resistance 2- 1675

Support 1- 1635

Support 2-1625

TITAN

TITAN closed trading at 185.30 Expected resistance and support levels for the scrip for the next trading session are:

Resistance 1-188

Resistance 2- 192

Support 1- 182

Support 2-179

NIFTY OUTLOOK FOR TODAY 30^TH NOVEMBER 2011

NIFTY SPOT LEVEL
The Nifty Index opened at 4864.20 and finally closed at 4805.30 rallying DOWN 46.30 points (3.00%) The Nifty high and low of the day were 4866.10 and 4787.10 respectively. 

The Nifty Futures made an DOWNTREND of 58.30 points and finally settled at 4812. The 30-share BSE Sensex was trading at 16008.34 DOWN 158.59 points.

Market seems to be strongly trades between 4765-4875 in narrow perspective and in broad perspective it seems to be vary between 4730-4915.

TREND – BEARISH.

SUPPORT AND RESISTANCE:

The Support and Resistance for Nifty Spot levels

Support 1: 4765   Support 2: 4730

Resistance 1:4875    Resistance 2: 4915

BANK NIFTY FUTURES

Bank Nifty Futures seems to be strongly a trade between 8520-8720 in narrow perspective and in broad perspective it seems to be vary between 8350-8880.

SUPPORT AND RESISTANCE:

The Support and Resistance for Bank Nifty Futures

Support 1: 8530   Support 2: 8350

Resistance 1: 8720 Resistance 2: 8880

NIFTY SPOT LEVEL: 30^th NOVEMBER 11

In upcoming trading session there is higher possibility that nifty spot manages between narrow range of 4765-4875, and if it breaks the level 4765 Then it would go down and next support would be 4730 and if it breaks the level 4875 then would go higher and next resistance would be 4915 i.e. Nifty would vary between broad range of 4730-4915.

BANK NIFTY FUTURES:  30^th NOVEMBER 11

In upcoming trading session, Bank Nifty Futures is possible to vary between narrow ranges of 8530-8720, and if it breaks the level 8530 then it would go down up to next support 8350. If bank nifty futures sustain at 8720, then it would make high up to next resistance 8880, that is bank nifty future would vary between broad range of 8530-8720

STOCK MARKET CALLS | ANALYSIS | NFTY OUTLOOK : 29th NOVEMBER 2011

STOCK MARKET REVIEW: 28^th NOVEMBER 2011

CNX Midcap index was up today: 28^th  November 2011, 1.76% about and S&P CNX 500 GAINED about 2.60% while BSE small cap index gained at 1.72% and Midcap gained at 1.50% respectively.

The BSE Sensex ended at 16167.13 gaining 471.70 points. The NSE Nifty closed at 4851.30 gaining 141.25 points.

Ahh happy days are here again. Market right from the opening gave a clear picture of a strong positive finish. This can’t be said that market is now set for bullish trend it can be another set for what is called as new lows. In this market it will be highly dangerous to create fresh positions as it can cause holdings for long term.

Stock market is more likely to expect BULLISH.

Today’s Nifty Top gainers were:

HINDALCO with volume and changes 911,336,393.35and 9.6 %.

IDFC with volume and changes 679,227,650.90and 6.6%.

ACC with volume and changes 266,666,846.30and 6.5%.

Today’s Nifty Top losers were:

BAJAJ with volume and changes 1,173,517,161.30and [1.3] %.

HEROMOTOCORP with volume and changes 1,598,511,384.75and [0.1] %.

Nifty can be expected to follow UP trend in a long term. It seems to be varying between 4700-4900

TECHNICAL CALLS FOR TODAY: 28^TH NOVEMBER 2011

REC

REC closed today’s session at 192.50. Support and resistance levels for the share for the next trading session are:

Resistance 1-195

Resistance 2- 199

Support 1- 188

Support 2-185

EDUCOMP

EDUCOMP has seen trading within the range of 216.60. Expected levels for this script are as follow:

Resistance 1-220

Resistance 2- 224

Support 1- 213

Support 2-210

JSW

JSW closed trading at 611.55 Expected resistance and support levels for the scrip for the next trading session are:

Resistance 1-617

Resistance 2- 623

Support 1- 600

Support 2-590

NIFTY OUTLOOK FOR TODAY 29^TH NOVEMBER 2011

NIFTY SPOT LEVEL
The Nifty Index opened at 4769.30 and finally closed at 4851.30 rallying UP 141.35 points (3.00%) The Nifty high and low of the day were 4859.10 and 4766.40respectively.

The Nifty Futures made an UPTREND of 162.55 points and finally settled at 4873.50. The 30-share BSE Sensex was trading at 16167.13 UP 471.70 points.

Market seems to be strongly trades between 4780-4880 in narrow perspective and in broad perspective it seems to be vary between 4730-4925.

TREND – BEARISH.

SUPPORT AND RESISTANCE:

The Support and Resistance for Nifty Spot levels

Support 1: 4780   Support 2: 4730

Resistance 1:4880    Resistance 2: 4925

BANK NIFTY FUTURES

Bank Nifty Futures seems to be strongly a trade between 8720-8990 in narrow perspective and in broad perspective it seems to be vary between 8550-9190.

SUPPORT AND RESISTANCE:

The Support and Resistance for Bank Nifty Futures

Support 1: 8720    Support 2: 8550

Resistance 1: 8990 Resistance 2: 9190

NIFTY SPOT LEVEL: 29^th NOVEMBER 11

In upcoming trading session there is higher possibility that nifty spot manages between narrow range of 4780-4880, and if it breaks the level 4780 Then it would go down and next support would be 4730 and if it breaks the level 4880 then would go higher and next resistance would be 4925 i.e. Nifty would vary between broad range of 4730-4925.

BANK NIFTY FUTURES:  29^th NOVEMBER 11

In upcoming trading session, Bank Nifty Futures is possible to vary between narrow ranges of 8720-8990, and if it breaks the level 8720 then it would go down up to next support 8550. If bank nifty futures sustain at 8990, then it would make high up to next resistance 9190, that is bank nifty future would vary between broad range of 8550-9190.