NIFTY SPOT LEVEL AND MARKET PREDICTIONS : 7 JULY 11

Nifty Spot Level
                                                                                                              

The Index opened up  at  5,622.70  and finally closed at 5,625.45 rallying

-6.65 points (-0.12%) The Intraday high and low of the day were 5,655.40  and 5,610.75 respectively.

The Nifty Futures also made an up rally of -6.65 points or ( -0.12%) and finally settled at 5,625.45.The 30-share BSE Sensex was trading at 18,726.97 , down 17.59  points

In upcoming trading session market is expected to be consolidate  if it strongly trades between  5600 -  5660  is looking bearish in  narrow perspective and in broad perspective it seems to be vary between 5555- 5695

SUPPORT AND RESISTANCE :

The Support and Resistance Zone for Nifty Spot levels would be

5600 ( support 1)        5555 (Support 2 )

5660 (Resistance 1)    5695 (Resistance 2 )

BANK NIFTY FUTURES : 7 JULY 11

Bank Nifty Futures

Bank Nifty Futures finally settled 11315 down by 137. In upcoming trading session market is expected to be consolidate  if it strongly trades between  11215- 11455 is looking bearish in  narrow perspective and in broad perspective it seems to be vary between  11110  - 11580

SUPPORT AND RESISTANCE:

The Support  and Resistance Zone for Bank Nifty Futures would be

11215 (support 1)            11110 (Support 2 )

11455  (Resistance 1)      11580 (Resistance 2 )

STOCKS TO WATCH : 6 JULY 11

CASH CALLS :

Buy HDFC Bank above the level 2555 with the First target 2568 and second target 2585. Keep stoploss at 2534.45

Buy indusind Bank above the level 288 with the First Target 290 and second target 293. Keep stop loss at 284.65

Buy  M&M above  the Level 724 with the First target  729 and second target 736. Keep the stop loss at 717.45

 

CALL UPDATES :

INDUSIND BANK : 1^ST Target Achieved

HDFC BANK : No Results

M&M : Not Executed

BANK NIFTY FUTURES : 6 JULY 11

Bank Nifty Futures

Bank Nifty Futures finally settled 11455 up by 40. In upcoming trading session market is expected to remain positive if it strongly trades between 11340 - 11570 is looking bearish in narrow perspective and in broad perspective it seems to be vary between  11225 - 11670

SUPPORT AND RESISTANCE:

The Support  and Resistance Zone for Bank Nifty Futures would be 

11340 ( support 1)          11225 (Support 2 )

11570 (Resistance 1)      11670 (Resistance 2 )

NIFTY SPOT LEVEL AND MARKET PREDICTIONS : 6 JULY 11

  Nifty Spot Level

                                                                                        
The Index opened up green at5659.50and finally closed at 5632.10 rallying -18.40 points (-0.33%). The Intraday high and low of the day were 5,606 and 5,657 respectively.

The Nifty Futures also made an up rally of -18.40 points or -0.33%). and finally settled at 5632.10 .The 30-share BSE Sensex was trading at 18,763, down 51 points

High fall in heavyweights like BHEL, RIL, DLF, ITC and Continuous selling in realty, power and FMCG stocks pulled the Indian market down.

In upcoming trading session market is expected to remain positive  if it strongly trades between  5600 -  5660 is looking bearish in  narrow perspective and in broad perspective it seems to be vary between 5560 - 5695

SUPPORT AND RESISTANCE :

The Support and Resistance Zone for Nifty Spot levels would be 

5600 ( support 1)        5560 (Support 2 )
5660 (Resistance 1)    5695 (Resistance 2 )