STOCK MARKET CALLS | NIFTY OUTLOOK | ANALYSIS 1ST JUNE 2012

NIFTY OUTLOOK FOR  1^st JUNE  2012

NIFTY SPOT LEVEL  TREND – BEARISH

Today trading is expected between the broad levels of 4860-4990. If the market breaches the level of 4965 on the upper side then the next resistance level will be 4990. But if nifty breaches the support level of 4900 then it may go down till the level of 4860.

  

SUPPORT 1	4900
SUPPORT 2	4860
RESISTANCE 1	4965
RESISTANCE 2	4990

BANK NIFTY FUTURES  TREND- BEARISH

Today trading is expected between the broad levels of 4860-4990. If the market breaches the level of 4965 on the upper side then the next resistance level will be 4990. But if nifty breaches the support level of 4900 then it may go down till the level of 4860.

SUPPORT 1	9380
SUPPORT 2	9310
RESISTANCE 1	9500
RESISTANCE 2	9550

EXPERT VIEW

Volatility to be Continue in Market: Udayan Mukherjee

Udayan Mukherjee says that June day the market is likely to be poor.According to Udayan Mukherjee June of months the market will be quite disappointing. The market should not expect any faster.

Create short positions in Nifty: Mohit Gaba

According to Technical analysts Mohit Gaba  market are seen to be weak, the GDP figures are disappointing. The market moves on the next few days is expected to be slow.According to Gaba Traders fascinated with stoploss of Rs 4,850 for the Nifty target of 4985 to create short positions.

Stock Market Calls:

TATA MOTORS FUTURES IS TRADING NEAR 3RD TG 226 BOOK FULL PROFIT

CENTURY TEXTILES FUTURES 1ST TG 264.75 ACHIEVED BOOK PARTIAL PROFIT 2ND TG IS 263.5

UPDATE: CENTURY TEXTILES FUTURES 2ND TG 263.5 ACHIEVED,BOOK MORE PROFIT REVISE SL AT COST FOR 3RD TG 261.5
UPDATE:CENTURY TEXTILES FUTURES BOOK FULL PROFIT NEAR 262-263 

STBT CALL: SELL ASIAN PAINTS FUTURES AROUND 3810 AND HOLD UNTIL NEXT UPDATE

RANBAXY FUTURES OUR 2ND TARGET 497 ACHIEVED BOOK MORE PROFIT AND 3RD TG IS 493

BUY INDRAPRASTHA GAS FUTURES ABOVE 239 TG TO FOLLOW

UPDATE:SENSATIONAL MOVE IN INDRAPRASTHA GAS FUTURES MADE NEW HIGH 247.7 BOOK FULL PROFIT TODAY

NIFTY CALLS

BUY BANK NIFTY 9000 JUNE PUT ABOVE 198 TG 208,220,235 SL 183

UPDATE:BANK NIFTY 9000 JUNE PUT 1ST TG 208 ACHIEVED, BOOK PARTIAL PROFIT 2ND TG IS 220

UPDATE:BANK NIFTY 9000 JUNE PUT MADE DAY HIGH 218.85 NEAR 2ND TG 220 BOOK MORE PROFIT

NIFTY FUTURES 2ND TG 4845 ACHIEVED,BOOK MORE PROFIT REVISE SL AT COST FOR 3RD TG 4820

NIFTY FUTURES MADE NEW LOW 4823.9 NEAR 3RD TG 4820 BOOK FULL PROFIT

BUY NIFTY 4900 JUNE PUT AROUND 155 TG 162,170,180 SL 143 

UPDATE:NIFTY 4900 JUNE PUT MADE NEW HIGH 169.05 NEAR 2ND TG 170 BOOK MORE PROFIT

UPDATE:NIFTY 4900 JUNE PUT 2ND TG 170 ACHIEVED,BOOK FULL PROFIT TILL CLOSE

YESTERDAY PERFORMANCE:

UNITED SPIRIT FUT 3TG,

GODREJCP 3TG,

NIITTECH 3TG,

ZANDUREALTY 3TG,

LIBERTSHOES 3TG,

YESTERDAY POS. VGAURD 3TG,

ITC PUT 2TG,

REC FUT 2TG ALMOST ACHIEVED,

VGUARD 1TG,

PRIORITY CALL GODREJCP ON FIREE,

NIFTY FUTURE COST EXIT,

JSW STEEL COST EXIT,

OILINDIA COST EXIT,

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STOCK MARKET REVIEW: 31^ST MAY 2012

BSE Small-Cap index was down 0.57% while the BSE Mid-Cap index finished 0.36% up.CNX MIDCAP 50 index was up 0.22% and S&P CNX 500 was down around 0.28%.

The SENSEX closed 93 points down at 16,218 and the NIFTY stood at 4924, down by 26 points.

BSE SENSEX and NIFTY traded in red on THURSDAY took a smart recovery in second half session as hopes over Reserve Bank of India’s rate cut in policy revived the sentiments. Recovery in European Markets also supported the gains. Although country’s GDP data shown 5.3 percent lowest in previous nine years for January-March quarter. Manufacturing sector contracted and record low of Rupee shows that economy remains under pressure for the current quarter. However IDFC, SAIL, ASIAN PAINTS helped the markets to recover while TATAMOTORS, MARUTI, and ICICIBANK created the pressure to downside.

Nifty Gainers

Today’s nifty top gainer were

JPASSOCIAT changed 3.66% with 2, 14, 40,339 volumes

ASIANPAINT changed 3.50% with 3, 86,111 volumes

IDFC changed 3.37% with 1, 31, 71,996 volumes

Nifty Losers

Today’s nifty top losers were

MARUTI with volume 33, 01,122 and changed -4.00%

ICICIBANK with volume 72, 58,385 and changed -3.90%

TATAMOTOR with volume 3, 74, 26,861 and changed -3.89%

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