NIFTY SPOT LEVEL : 19 JULY 11

Nifty Spot Level
                                                                                                               

The Index opened up  at  5,585.00and finally closed at 5,567.05 rallying

-14.05 points (-0.25%) .The Intraday high and low of the day were 5,609.00 and 5,560.10 respectively.

The Nifty Futures also made an down  rally of -14.05 points or (-0.25%) and finally settled at 5,567.05 .The 30-share BSE Sensex was trading at 18,507.04 down

-54.88 points

India's first volatility index for the first day of the week and part of the business closed in negative terrain. Possible default of U.S. debt and the debt crisis infinite in a moist environment for investors and traders around the world.

Technology stocks, automotive and health led the cry off. The major indexes finished in red for second straight day.

In upcoming trading session market market can be seen trading  in down trend. Seems to be  strongly trades between  5525 -  5595 in  narrow perspective and in broad perspective it seems to be vary between 5490- 5630

SUPPORT AND RESISTANCE:

The Support and Resistance Zone for Nifty Spot levels would be 

5525 ( support 1)          5490 (Support 2 )

5595 (Resistance 1)      5630 (Resistance 2 )

BANK NIFTY FUTURES : 19 JULY 11

Bank Nifty Futures

Bank Nifty Futures  finally settled 11241  down by 5.

 In upcoming trading session market is expected to be downward if it strongly trades between  11130 – 11360 is looking bearish in  narrow perspective and in broad perspective it seems to be vary between  11010 -   11490

SUPPORT AND RESISTANCE:

The Support  and Resistance Zone for Bank Nifty Futures would be 

11130 (support 1)            11010 (Support 2 )

11360 (Resistance 1)       11490 (Resistance 2 )

STOCKS TO WATCH : 19 JULY 11

CASH CALL 

Buy TTK PRESTIGE at CMP

Book First target at 3025 and Second target at 3040

Keep Stop Loss at 2997.45

Buy YES BANK above the level 330

Book First target at  333 and Second target at 337

Keep the Stop Loss at 325.45

Buy BIOCON above  the level 373.50

Book First target at 376.50and Second Target at 380

Keep the Stop loss at 368.45

Buy ABB above the Level 901

Book First target at  908 and Second target at 918

Keep the  stop loss at 890.65

TECHNICAL OUTLOOK : INTRADAY TIPS : 19 JULY 11

HDFC BANK

India's third largest lender HDFC Bank is going to announce the quarter results on 19 july 11 and expected to report a 31% rise in first quarter FY12  profit after tax of Rs 1,064.2 crore as against Rs 811.7 crore in a year ago period. Shares closed the today’s session AT 515.05.

Support and resistance levels for the share for the next trading session are:

RESISTANCE LEVELS

Resistance 1- 522

Resistance 2-  527

SUPPORT LEVELS

 Support 1-  505

Support 2-  500

ASHOK LEYLAND

Ashok Leyland IS going to announce its first quarter results on 19th July. It has seen trading within the narrow range of 52.45 to 51.25 on Monday.

Support and resistance levels for the share for the next trading session are:

RESISTANCE LEVELS :

Resistance 1-55

Resistance 2- 59

SUPPORT LEVELS :

Support 1- 52

Support 2- 45

CROMPTON GREAVES

Crompton Greaves is going to announce the quarter result on 19th July. The script is seen trading in bounded range

NIFTY LEVELS AND MARKET PREDICTION : 15 JULY 11

Nifty Spot Level           

The Index opened  at 5,569.00 and finally closed at 5,599.80 rallying +14.35 points (0.26%).The Intraday high and low of the day were 5,653.95 and 5,541.70 respectively.

The Nifty Futures also made an up rally of +14.35 or (0.26%)and finally settled at 5,599.80 .The 30-share BSE Sensex was trading at 18,618.20 down +22.18 points.

The Indian stock markets ended almost unchanged on Thursday amid a fickle trading session. After opening near day’s low in the early trades the Nifty rose sharply to cross past the 5,650 mark. However, markets were unable to build on the drive as the index fell over 50 points from their days high.

EXPECTED TO GO DOWN AS THE WEAK GLOBAL MARKET WILL FORCE INVESTOR TO BE ON SIDELINES. If it strongly trades between 5555 -  5625 in  narrow perspective and in broad perspective it seems to be vary between 5505- 5670

SUPPORT AND RESISTANCE:

The Support and Resistance Zone for Nifty Spot levels would be 

5555 (Support 1)          5505 (Support 2)

5625 (Resistance 1)      5670 (Resistance 2)

BANK NIFTY FUTURES : 15 JULY 11

Bank Nifty Futures

Bank Nifty Futures finally settled 11245 up by 75.

In upcoming trading session market is expected to be down trend if it strongly trades between  11150  – 11350, is looking bearish  in  narrow perspective and in broad perspective it seems to be vary between  11030-11490

SUPPORT AND RESISTANCE:

The Support  and Resistance Zone for Bank Nifty Futures would be 

11150 (support 1)            11030 (Support 2 )

11350 (Resistance 1)       11490 (Resistance 2 )

STOCKS TO WATCH : 13 JULY 11

Buy  sks microfinance above the Level 600

Book the First target at 606 and Second Target at 615.

Keep the  stop loss  at 592.65

Buy marico above 169

Book First Target at 170.50 and Second target at 172.50

Keep the stop loss at 166.65

Buy emami above the Level 520

Book First target at 526 and Second target at 533.

Keep the  stop loss at 513.45

CALL UPDATES :

SKS MICROFINANCE : No Results

MARICO : Not Executed

EMAMI : No Results