STOCK MARKET CALLS | ANALYSIS | NFTY OUTLOOK : 28th NOVEMBER 2011

STOCK MARKET REVIEW: 25^th NOVEMBER 2011

CNX Midcap index was up today: 25^th  November 2011, 0.17% about and S&P CNX 500 lost about 0.55% while BSE small cap index gained at 0.84% and Midcap gained at 0.38% respectively.

The BSE Sensex ended at 15695.43 losing 163.06 points. The NSE Nifty closed at 4710.05 losing 46.10 points.

Picture of the market was bearish from the start. It was just 32 points minus(nifty) but as the day progressed it fell in the free fall of gravity down. At one moment the market was almost 160 points down but soon it recovered and gave a 100 points negative close.

Stock market is more likely to expect BULLISH.

Today’s Nifty Top gainers were:

L&T with volume and changes 4,326,359,823.45and 3.4 %.

BHEL with volume and changes 1,481,803,050.20and 3.2%.

BPCL with volume and changes 871,774,674.70and 3.1%.

Today’s Nifty Top losers were:

MARUTI with volume and changes 636,709,269.80and [3.9] %.

HINDALCO with volume and changes 617,717,909.40and [3.9] %.

RPOWER with volume and changes 187,053,342.50and [3.5] %.

Nifty can be expected to follow UP trend in a long term. It seems to be varying between 4600-4800

TECHNICAL CALLS FOR TODAY: 28^TH NOVEMBER 2011

LOVABLE LINGERIE

LOVABLE LINGERIE closed today’s session at 373.75. Support and resistance levels for the share for the next trading session are:

Resistance 1-378

Resistance 2- 382

Support 1- 368

Support 2-362

SBI

SBI has seen trading within the range of 1690.75. Expected levels for this script are as follow:

Resistance 1-1705

Resistance 2- 1720

Support 1- 1674

Support 2-1660

JINDAL STEEL

JINDAL STEEL closed trading at 487.25 Expected resistance and support levels for the scrip for the next trading session are:

Resistance 1-493

Resistance 2- 500

Support 1- 480

Support 2-475

NIFTY OUTLOOK FOR TODAY 28^TH NOVEMBER 2011

NIFTY SPOT LEVEL
The Nifty Index opened at 4731.30 and finally closed at 4710.05 rallying DOWN 46.40 points (0.98%) The Nifty high and low of the day were 4779.50 and 4640.95respectively.

The Nifty Futures made a DOWNTREND of 74.30 points and finally settled at 4707.30. The 30-share BSE Sensex was trading at 15695.43 DOWN 163.05 points.

Market seems to be strongly trades between 4760-4850 in narrow perspective and in broad perspective it seems to be vary between 4695-4905.

TREND – BEARISH.

SUPPORT AND RESISTANCE:

The Support and Resistance for Nifty Spot levels

Support 1: 4630   Support 2: 4580

Resistance 1:4780    Resistance 2: 4870

BANK NIFTY FUTURES

Bank Nifty Futures seems to be strongly a trade between 8470-8700 in narrow perspective and in broad perspective it seems to be vary between 8300-8860.

SUPPORT AND RESISTANCE:

The Support and Resistance for Bank Nifty Futures

Support 1: 8300    Support 2: 8190

Resistance 1: 8555 Resistance 2: 8710

NIFTY SPOT LEVEL: 28^th NOVEMBER 11

In upcoming trading session there is higher possibility that nifty spot manages between narrow range of 4630-4780, and if it breaks the level 4630 Then it would go down and next support would be 4580 and if it breaks the level 4780 then would go higher and next resistance would be 4870 i.e. Nifty would vary between broad range of 4630-4870.

BANK NIFTY FUTURES:  28^th NOVEMBER 11

In upcoming trading session, Bank Nifty Futures is possible to vary between narrow ranges of 8300-8555, and if it breaks the level 8300 then it would go down up to next support 8190. If bank nifty futures sustain at 8555, then it would make high up to next resistance 8710, that is bank nifty future would vary between broad range of 8190-8710.

STOCK MARKET CALLS | ANALYSIS | NFTY OUTLOOK : 25th NOVEMBER 2011

STOCK MARKET REVIEW: 25^th NOVEMBER 2011

CNX Midcap index was up today: 24^th November 2011, around 1.85% and S&P CNX 500 gained about 1.15% while BSE small cap index gained at 0.38% and Midcap gained at 1.40%.

The BSE SENSEX ended at 15858 adding 158 points. The NSE Nifty closed at 4756 gaining 50 points.

Market opened in green but sinked into deep red but after the inflation data came as a soother for the market , it not only recover all the loss but added 50  points to its previous closing.

Stock market is trading in the bearish trend.

Today’s Nifty Top gainers were:

GAIL with volume 2161402 and changed 4.26 %.

ONGC with volume 43, 81,453 and changed 4.12%.

SESA GOA with volume 33,28,120 and changed 3.73%.

Today’s Nifty Top losers were:

SAIL with volume 69, 75,556 and changed -3.19 %.

R POWER with volume 26, 37,403 and changes -2.61 %.

ACC with volume 3, 50,229 and changed -1.84 %.

Nifty is expected to follow down trend. It seems to be varying between 4635-4795

TECHNICAL CALLS FOR TODAY: 25^TH NOVEMBER 2011

PANTALOON

PANTALOON closed today’s session at 203.90. Support and resistance levels for the share for the next trading session are:

Resistance 1-206.35

Resistance 2- 211.70

Support 1- 196.10

Support 2-189.30

IFCI

IFCI has closed the trading 23.80. Expected levels for this script are as follow:

Resistance 1-27.90

Resistance 2- 25.40

Support 1- 22.40

Support 2-19.85

GLENMARK

GLENMARK closed trading at 315.20 Expected resistance and support levels for the scrip for the next trading session are:

Resistance 1-318.30

Resistance 2- 321.20

Support 1- 312.25

Support 2-309.40

NIFTY OUTLOOK FOR TODAY 25^TH NOVEMBER 2011

NIFTY SPOT LEVEL

The NSE Nifty finished at 4,756, up 50 points over the previous close. It earlier touched a day’s high of 4,771 and a day’s low of 4,639. It opened at 4,707.Market seems to be strongly trades between 4635-4795 in broad perspective and in narrow perspective it seems to be vary between 4700-4740.

TREND – BEARISH

SUPPORT AND RESISTANCE:

The Support and Resistance for Nifty Spot levels

Support 1: 4675   Support 2: 4610

Resistance 1:4740    Resistance 2: 4795

BANK NIFTY FUTURES

BANK NIFTY FUTURES is expected to go upward till the level of 8660. Bank nifty will be trading between the narrow ranges of 8300-8520.

SUPPORT AND RESISTANCE:

SUPPORT LEVELS

Support 1: 8300

Support 2: 8190    

RESISTANCE LEVELS 

Resistance 1: 8520

Resistance 2: 8660

NIFTY SPOT LEVEL: 25^th NOVEMBER 11

In upcoming trading session there is higher possibility that nifty spot manages between narrow ranges of 4635-4795, and If the market breaches the level of 4740 on the upper side then the next resistance level will be 4795. But if nifty breaches the support level of 4700 then it may go down till the level of 4635. Nifty tomorrow is strongly expected to trade between the narrow ranges of 4700-4740

BANK NIFTY FUTURES:  25^th NOVEMBER 11

In upcoming trading session, Bank Nifty Futures is possible to vary between the broad levels of 8190-8660. Bank nifty futures can go down till the level of 8190 once it breaks the level of 8300. On the opposite side once breaking the level of 8520, it is expected to go upward till the level of 8660. Bank nifty is expected to trade between the narrow ranges of 8300-8520.

STOCK MARKET CALLS | ANALYSIS | NFTY OUTLOOK : 24th NOVEMBER 2011

STOCK MARKET REVIEW: 23^rd NOVEMBER 2011

CNX Midcap index was down today: 23^rd November 2011, 1.68% about and S&P CNX 500 gained about 2.12% while BSE small cap index gained at 1.72% and Midcap gained at 2.05% respectively.

The BSE Sensex ended at 15699.97 loosing 365.45 points. The NSE Nifty closed at 4706.45 gaining 105.90 points.

Picture of the market was bearish from the start. It was just 32 points minus(nifty) but as the day progressed it fell in the free fall of gravity down. At one moment the market was almost 160 points down but soon it recovered and gave a 100 points negative close.

Stock market is more likely to expect BEARISH.

Today’s Nifty Top gainers were:

NTPC with volume and changes 2,209,213,587.95and 0.8 %

RCOM with volume and changes 871,774,674.70and 0.5%

Today’s Nifty Top losers were:

JP ASSOCIATES with volume and changes 950,357,803.05and [5.0] %

IDFC with volume and changes 617,717,909.40and [4.3] %

RANBAXY with volume and changes 187,053,342.50and [4.2] %

Nifty can be expected to follow UP trend in a long term. It seems to be varying between 4600-4800

TECHNICAL CALLS FOR TODAY: 24^TH NOVEMBER 2011

TATAMOTORS

TATA MOTORS closed today’s session at 168.35. Support and resistance levels for the share for the next trading session are:

Resistance 1-172

Resistance 2- 176

Support 1- 165

Support 2-162

RCOM

RCOM has seen trading within the range of 70.35. Expected levels for this script are as follow:

Resistance 1-73

Resistance 2- 76

Support 1- 68

Support 2-64

PIPAVAV

PIPAVAV closed trading at 57.25 Expected resistance and support levels for the scrip for the next trading session are:

Resistance 1-58.50

Resistance 2- 60

Support 1- 55

Support 2-53

NIFTY OUTLOOK FOR TODAY 24^TH NOVEMBER 2011

NIFTY SPOT LEVEL
The Nifty Index opened at 4779.50 and finally closed at 4706.50 rallying DOWN 105.90 points (2.20%) The Nifty high and low of the day were 4779.50 and 4640.95respectively.

The Nifty Futures made a UPTREND of 19.80 points and finally settled at 4810. The 30-share BSE Sensex was trading at 16065.42 UP 119.32 points.

Market seems to be strongly trades between 4760-4850 in narrow perspective and in broad perspective it seems to be vary between 4695-4905.

TREND – BEARISH.

SUPPORT AND RESISTANCE:

The Support and Resistance for Nifty Spot levels

Support 1: 4675   Support 2: 4610

Resistance 1:4740    Resistance 2: 4795

BANK NIFTY FUTURES

Bank Nifty Futures seems to be strongly a trade between 8470-8700 in narrow perspective and in broad perspective it seems to be vary between 8300-8860.

SUPPORT AND RESISTANCE:

The Support and Resistance for Bank Nifty Futures

Support 1: 8300    Support 2: 8190

Resistance 1: 8520 Resistance 2: 8660.

NIFTY SPOT LEVEL: 24^th NOVEMBER 11

In upcoming trading session there is higher possibility that nifty spot manages between narrow range of 4675-4740, and if it breaks the level 4675 Then it would go down and next support would be 4610 and if it breaks the level 4740 then would go higher and next resistance would be 4795 i.e. Nifty would vary between broad range of 4610-4795.

BANK NIFTY FUTURES:  24^th NOVEMBER 11

In upcoming trading session, Bank Nifty Futures is possible to vary between narrow ranges of 8300-8520, and if it breaks the level 8300 then it would go down up to next support 8190. If bank nifty futures sustain at 8190, then it would make high up to next resistance 8660, that is bank nifty future would vary between broad range of 8300-8660.