STOCK MARKET CALLS | ANALYSIS |NIFTY OUTLOOK : 20TH JANUARY 2012

STOCK MARKET REVIEW: 19^THJANUARY 2012

The bulls were back in stroke, expanded the January rally after taking a break in the preceding session.

Food inflation shrank by 0.42% in the week ended January 7 after shrinking by 2.9% in the preceding week. Inflation in the Primary Articles group climbed to 2.47% in the week under review Inflation in the Fuel & Power group stood at 14.45% in the week ended January 7

The last time, the Nifty was above 5000 was on December 7th 2011. Sensex ended at 16,643, up 192 points from the last close. It earlier touched a day's high of 16,662 after opening at a day's low of 16,572. Nifty settled at 5,018, up 62 points. It hit a day’s high of 5,024 and day’s low of 4,991.

The Small-Cap index rose 1.24% while the Mid-Cap index went up by1.43%.CNX MIDCAP 50 index was up 1.84% and S&P CNX 500 was up 1.29%.

Nifty Gainers

Today’s Nifty Top gainers were:

RELIANCE INFRA changed 10.46% with 5829840 volumes.

TATA POWER changed 6.54% with 12176571 volumes.

STERLITE changed 2.7% with 13839687 volumes.

Nifty Losers

Today’s Nifty Top losers were:

BHEL with volume 6643104 and changed -2.69%.

M&M with volume 3031357 and changed -1.47%.

BHARTI AIRTEL. with volume 4204639 and changed -1.33%.

TECHNICAL CALLS FOR TODAY: 20^TH JANUARY 2012

BUY JUBILANT FOODWORKS FUTURES ABOVE 844

First Target 849

Second Target 854

Stop Loss 834

BUY RELIANCE INFRA FUTURES ABOVE 489

First Target 452

Second Target 455

Stop Loss 483

BUY BOMBAY DYING ABOVE 465

First Target 466.50

Second Target 468

Stop Loss 834

BUY DR. REDDY ABOVE 1700

First Target 1715

Second Target 1730

Stop Loss 1670

NIFTY OUTLOOK FOR TODAY 20^TH JANUARY 2012

NIFTY SPOT LEVEL

TREND – BULLISH

SUPPORT AND RESISTANCE:

The Support and Resistance for Nifty Spot levels

SUPPORT LEVELS 

Support 1: 4970

Support 2: 4915

RESISTANCE LEVELS

Resistance 1: 5065

Resistance 2: 5120

STOCK MARKET CALLS | ANALYSIS |NIFTY OUTLOOK : 19 JANUARY 2012

STOCK MARKET REVIEW: 18^THJANUARY 2012

It was a cautious start to the week for the Indian stocks, as the benchmark indices ended almost unchanged. The equity benchmarks managed to

coped quite well with Standard & Poor's mass sovereign downgrades in Europe as inflation fell to a two-year low -7.5% in December and India's exports surging by 26% during April-December 2011 and could hit US$300bn for the full fiscal year. 

SENSEX ended at 16,189, up 34 points from the last close. It earlier touched a day's high of 16,257 after opening at a day's low of 16,049. The NIFTY settled at 4,874, up 8 points. It hit a day’s high of 4,880 and day’s low of 4,827.

The Small-Cap index rose 0.3% while the Mid-Cap index remained unchanged.CNX MIDCAP 50 index was up 0.03% and S&P CNX 500 was up 0.16%. 

Nifyt Gainers

Today’s Nifty Top gainers were:

BHEL changed 3.8% with 15,398,000 volumes.

MARUTI changed 3.2% with 3,733,000 volumes.

STERLITE changed 2.7% with 3,106,000 volumes.

 Nifyt Losers

Today’s Nifty Top losers were:

R.POWER with volume 58,000 and changed -2.9%.

NTPC with volume 58,000 and changed -2.6%.

RELIANCE INDUS. with volume 2,838,000 and changed -2.6%.

TECHNICAL CALLS FOR TODAY: 19^TH JANUARY 2012

ADANI ENTERPRICES

ADANI ENTERPRICES ended yesterday’s market session at 356.50. Support and resistance levels for the next trading session are:

Resistance 1-361

Resistance 2-367

Support 1- 352

Support 2- 349

IDBI

IDBI  is expected to vary between the following levels:

Resistance 1-94

Resistance 2-96

Support 1-87

Support 2-85

MPHASIS

MPHASIS Expected resistance and support levels for the next trading session are:

Resistance 1-356

Resistance 2-349

Support 1-341

Support 2-335

NIFTY OUTLOOK FOR TODAY 1^TH JANUARY 2012

NIFTY SPOT LEVEL

TREND – BEARISH

SUPPORT AND RESISTANCE:

The Support and Resistance for Nifty Spot levels

SUPPORT LEVELS 

Support 1: 4825

Support 2: 4775

RESISTANCE LEVELS

Resistance 1: 4935

Resistance 2: 4985

STOCK MARKET CALLS | ANALYSIS |NIFTY OUTLOOK : 18 JANUARY 2012

STOCK MARKET REVIEW: 17^THJANUARY 2012

Yesterday despite the fact the nine of the European countries have been downgraded nifty managed to keep its head above. And following the 1.5 % gain in DAX the German index, nifty today pounced up and closed almost 2% up from the previous close. The lower inflation numbers and the appreciation of rupee against the dollar also motivated the traders the trend looks to have reversed and the upward move can be expected here on.

BSE SENSEX ended at 16,466, up 277 points or 1.71% from the last close. It earlier touched a day's high of 16,501 and day’s low of 16,270.  NSE NIFTY closed at 4,967 up 94 points. The index hit an intra-day high of 4,975 and an intra-day low of 4,904.

The BSE Mid-Cap index gained 1.34% while the BSE Small-Cap index was up 1.07%.CNX MIDCAP 50 index was down 1.18% and S&P CNX 500 was up 1.74%.

THINGS TO KEEP AN EYE ON FOR TOMORROW SESSION:

Result season is going to to be the rule book to play the stock market.

Nifty Gainers

Today’s nifty top gainer were

MARUTI changed 9.18%.With volume 2,656,000

HINDALCO changed 6.22% with volume 12,937,000 and

LARSON TUBRO changed 5.74% with volume of 2,542,000

Nifty Losers

Today’s nifty top losers were

RPOWER changed -3.3% volume 4,772,000

NTPC changed -2.68% with volume 1,912,000

KOTAKBANK changed -2.45% with volume 632,000

NIFTY OUTLOOK FOR TODAY 18^TH JANUARY 2012

NIFTY SPOT LEVEL

TREND – sideways

SUPPORT AND RESISTANCE:

The Support and Resistance for Nifty Spot levels

SUPPORT LEVELS

Support 1: 4917

Support 2: 4898

RESISTANCE LEVELS

Resistance 1: 4977

Resistance 2: 5000

BANK NIFTY FUTURES

TREND- mildly bullish

SUPPORT AND RESISTANCE:

The Support and Resistance for Bank Nifty Futures

SUPPORT LEVELS

Support 1: 8965

Support 2: 8932

RESISTANCE LEVELS 

Resistance 1: 9200

Resistance 2: 9266

STOCK MARKET CALLS | ANALYSIS | NIFTY OUTLOOK : 17TH JANUARY 2012

STOCK MARKET REVIEW: 16^THJANUARY 2012

It was a cautious start to the week for the Indian stocks, as the benchmark indices ended almost unchanged. The equity benchmarks managed to

coped quite well with Standard & Poor's mass sovereign downgrades in Europe as inflation fell to a two-year low -7.5% in December and India's exports surging by 26% during April-December 2011 and could hit US$300bn for the full fiscal year. 

SENSEX ended at 16,189, up 34 points from the last close. It earlier touched a day's high of 16,257 after opening at a day's low of 16,049. The NIFTY settled at 4,874, up 8 points. It hit a day’s high of 4,880 and day’s low of 4,827.

The Small-Cap index rose 0.3% while the Mid-Cap index remained unchanged.CNX MIDCAP 50 index was up 0.03% and S&P CNX 500 was up 0.16%.

Today’s Nifty Top gainers were:

• BHEL changed 3.8% with 15,398,000 volumes 
• MARUTI changed 3.2% with 3,733,000 volumes 
• STERLITE changed 2.7% with 3,106,000 volumes

Today’s Nifty Top losers were:

• R.POWER with volume 58,000 and changed -2.9%
• NTPC with volume 58,000 and changed -2.6%
• RELIANCE INDUS. with volume 2,838,000 and changed -2.6%

TECHNICAL CALLS FOR TODAY: 17^TH JANUARY 2012

ADANI ENTERPRICES

ADANI ENTERPRICES ended yesterday’s market session at 356.50. Support and resistance levels for the next trading session are:

Resistance 1-361

Resistance 2-367

Support 1- 352

Support 2- 349

IDBI

IDBI  is expected to vary between the following levels:

Resistance 1-94

Resistance 2-96

Support 1-87

Support 2-85

MPHASIS

MPHASIS Expected resistance and support levels for the next trading session are:

Resistance 1-356

Resistance 2-349

Support 1-341

Support 2-335

NIFTY OUTLOOK FOR TODAY 17^TH JANUARY 2012

NIFTY SPOT LEVEL

TREND – BEARISH

SUPPORT AND RESISTANCE:

The Support and Resistance for Nifty Spot levels

SUPPORT LEVELS

Support 1: 4825

Support 2: 4775

RESISTANCE LEVELS

Resistance 1: 4935

Resistance 2: 4985

BANK NIFTY FUTURES

TREND- BEARISH

SUPPORT AND RESISTANCE:

The Support and Resistance for Bank Nifty Futures

SUPPORT LEVELS

Support 1: 8865

Support 2: 8755

RESISTANCE LEVELS 

Resistance 1: 9075

Resistance 2: 9185

STOCK MARKET CALLS | ANALYSIS |NIFTY OUTLOOK : 16TH JANUARY 2012

STOCK MARKET REVIEW: 13^THJANUARY 2012

Week ended with solid gains with broader indices closing in green territory. Corporate earning just kicked off this week, and can say was not the good start for it space.

BSE Sensex was up 116.16 points or 0.72%, up about 105 points from the day's low and off about equal points from the day's high. The market breadth was strong. While the Nifty soared 36 points to close at 4867.

The BSE Mid-Cap index gained 1.14% while the BSE Small-Cap index was up around 1.44%.CNX MIDCAP 50 index was up 0.92% and S&P CNX 500 was up 0.78%.

Today’s Nifty Top gainers were:

• RELIANCE POWER changed 7.6% with 15,398,000 volumes
• TATA STEEL changed 6.9% with 3,733,000 volumes
• R.COMM changed 5.8% with 3,106,000 volumes

Today’s Nifty Top losers were:

• GAIL with volume 58,000 and changed -3.1%
• BAJAJ AUTO with volume 58,000 and changed -3.0%
• HCL with volume 2,838,000 and changed -2.0%

TECHNICAL CALLS FOR TODAY: 16^TH JANUARY 2012

R.COMM

R.COMM ended yesterday’s market session at 88. Support and resistance levels for the next trading session are:

Resistance 1-90

Resistance 2-92

Support 1- 86

Support 2- 84

NTPC

NTPC  is expected to vary between the following levels:

Resistance 1-169

Resistance 2-172

Support 1-163

Support 2-159

TATA STEEL

TATA STEEL Expected resistance and support levels for the next trading session are:

Resistance 1-419

Resistance 2-423

Support 1-411

Support 2-396

NIFTY OUTLOOK FOR TODAY 16^TH JANUARY 2012

NIFTY SPOT LEVEL

TREND – BEARISH

SUPPORT AND RESISTANCE:

The Support and Resistance for Nifty Spot levels

SUPPORT LEVELS

Support 1: 4815

Support 2: 4765

RESISTANCE LEVELS

Resistance 1: 4915

Resistance 2: 4955

BANK NIFTY FUTURES

TREND- BEARISH

SUPPORT AND RESISTANCE:

The Support and Resistance for Bank Nifty Futures

SUPPORT LEVELS

Support 1: 8865

Support 2: 8755

RESISTANCE LEVELS 

Resistance 1: 9075

Resistance 2: 9185

STOCK MARKET CALLS | ANALYSIS |NIFTY OUTLOOK : 13 JANUARY 2012

STOCK MARKET REVIEW: 12THJANUARY 2012

The key Indian equity indices glided lower on Thursday after enjoying a rally on Tuesday and consolidating in the previous trading session. Today Infosys' Q3 results and guidance failed to bring a smile on investors' faces. Index bellwethers RIL and L&T also contributed to the fall even as Banking, Power and Metal shares managed to advance. 

SENSEX ended at 16,037, down 138 points from the last close. It earlier touched a day's high of 16,178 after opening at a day's low of 16,117. Nifty settled at 4,831, down 30 points. It hit a day’s high of 4,869 and day’s low of 4,803.

The BSE Mid-Cap index gained 0.26% while the BSE Small-Cap index was up around 0.15%.CNX MIDCAP 50 index was up 0.54% and S&P CNX 500 was up 0.67%.

THINGS TO KEEP AN EYE ON FOR TOMORROW SESSION:

Strong IIP numbers for November and soft food inflation data have raised expectations of a reversal in the RBI's hawkish stance. More important will be the inflation report for December, which is due on Monday. The impending monetary easing may not materialise at the Jan. 24 meeting, but the same is definitely on the cards sooner or later. The bond market has probably already discounted the fact that interest rates have peaked out with the yield on teh benchmark 10-year government paper falling to a five-month low

Today’s Nifty Top gainers were:

• SESA GOA changed 5.2% with 15,398,000 volumes
• IDFC changed 3.6% with 3,733,000 volumes
• JP ASSOCIATES changed 3.2% with 3,106,000 volumes

Today’s Nifty Top losers were:

• INFOSYS with volume 58,000 and changed -8.4%
• TCS with volume 2,838,000 and changed -4.2%
• WIPRO with volume 1,750,000 and changed -2.5%

TECHNICAL CALLS FOR TODAY: 13^TH JANUARY 2012

GRASIM

GRASIM ended yesterday’s market session at 2457. Support and resistance levels for the next trading session are:

Resistance 1-2466

Resistance 2-2478

Support 1- 2445

Support 2- 2434

IDFC

IDFC  is expected to vary between the following levels:

Resistance 1-110

Resistance 2-112

Support 1-107

Support 2-105

TATA POWER

TATA POWER Expected resistance and support levels for the next trading session are:

Resistance 1-98

Resistance 2-103

Support 1-91

Support 2-87

NIFTY OUTLOOK FOR TODAY 13^TH JANUARY 2012

NIFTY SPOT LEVEL

TREND – BEARISH

SUPPORT AND RESISTANCE:

The Support and Resistance for Nifty Spot levels

SUPPORT LEVELS

Support 1: 4780

Support 2: 4735

RESISTANCE LEVELS

Resistance 1: 4885

Resistance 2: 4940

BANK NIFTY FUTURES

TREND- BEARISH

SUPPORT AND RESISTANCE:

The Support and Resistance for Bank Nifty Futures

SUPPORT LEVELS

Support 1: 8865

Support 2: 8755

RESISTANCE LEVELS 

Resistance 1: 9075

Resistance 2: 9185