NIFTY OUTLOOK FOR 17TH MAY 2012
NIFTY SPOT LEVEL
TREND – BEARISH
SUPPORT 1 | 4835 |
SUPPORT 2 | 4810 |
RESISTANCE 1 | 4880 |
RESISTANCE 2 | 4910 |
BANK NIFTY FUTURES :
TREND- BEARISH
SUPPORT 1 | 9070 |
SUPPORT 2 | 8980 |
RESISTANCE 1 | 9230 |
RESISTANCE 2 | 9300 |
EXPERT VIEW
According to Sudarshan Sukhani market can be remain positive for intra-day. The strategy from the perspective of intra Traders should.
Udayan Mukherjee is showing some stability in the global markets. Brett, while crude prices are at lower levels. It can be expected that the Indian markets returned to some fast flat since the beginning.
STOCK MARKET REVIEW: 16TH MAY 2012
Hope of light up in the market: Sudarshan alsukhani
According to Sudarshan Sukhani after Wednesday's sharp decline in the market today can be gained slightly. The long term the market still remains worrisome.
According to Sudarshan Sukhani market can be remain positive for intra-day. The strategy from the perspective of intra Traders should.
Nifty likely to stabilize: Udayan Mukherjee
CNBC - TV -18 's Managing Editor, Udayan Mukherjee said the Indian market in the last few trading sessions, the move is an important role in the global and domestic signals.Nifty little edge can be seen today.
Udayan Mukherjee is showing some stability in the global markets. Brett, while crude prices are at lower levels. It can be expected that the Indian markets returned to some fast flat since the beginning.
STOCK MARKET REVIEW: 16TH MAY 2012
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| STOCK MARKET CALLS |
BSE SENSEX and NIFTY tanked down on the session, and touched four month low, ended in red as traded over weaker global cues. Rupee hit a fresh multi month low as political issue in GREECE turmoil the markets. Rupee hit a low of 54.46 against the DOLLAR raising fears of foreign investors to cut exposures to the Indian shares. Auto, Metal, Capital goods and Banking stocks were the worst performing sector as major TATAMOTOR, JSW STEEL, SAIL and TATA STEEL been the top losers while BPCL and CAIRN INDIA capped the losses.
Nifty Gainers
Today’s nifty top gainer were
BPCL changed 2.53% with 17, 02,511 volumes
POWERGRID changed 1.65% with 24, 94,887 volumes
CAIRNS changed 1.30% with 44, 50,540 volumes
Nifty Losers
Today’s nifty top losers were
TATAMOTOR with volume 2, 30, 45,441 and changed -7.70%
TATASTEEL with volume 51, 10,447 and changed -4.40%
SAIL with volume 46, 29,959 and changed -4.18%
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