STOCK MARKET TODAY: 24TH NOVEMBER 2011

NIFTY SPOT LEVEL: 24^th NOVEMBER 2011

Tomorrow trading is expected between the strong levels of 4610-4795. If the market breaches the level of 4740 on the upper side then the next resistance level will be 4795. But if nifty breaches the support level of 4760 then it may go down till the level of 4695. Nifty tomorrow is strongly expected to trade between the narrow ranges of 4675-4740.

SUPPORT LEVELS

Support 1: 4675

Support 2: 4610

RESISTANCE LEVELS

Resistance 1: 4740

Resistance 2: 4795

BANK NIFTY FUTURES: 24^th  NOVEMBER 2011

Based on the running trading scenario bank nifty future is expected to trade between the broad levels of 8190-8660. Bank nifty futures can go down till the level of 8190 once it breaks the level of 8300. On the opposite side once breaking the level of 8520, it is expected to go upward till the level of 8660. Bank nifty will be trading between the narrow ranges of 8300-8520.

SUPPORT LEVELS

Support 1: 8300

Support 2: 8190

RESISTANCE LEVELS 

Resistance 1: 8520

Resistance 2: 8660

STOCK MARKET REVIEW: 23^rd NOVEMBER 2011

CNX Midcap index was DOWN about 1.68% while BSE small cap index LOST at 1.72% and Midcap LOST at 2.05% respectively.

Nifty Gainers

Today’s nifty top gainer were NTPC with volume and changes 2,209,213,587.95and 0.8 %.

RCOM with volume and changes 871,774,674.70and 0.5%

Nifty Losers

Todays nifty top losers were JP ASSOCIATES with volume and changes 950,357,803.05and [5.0] %.

IDFC with volume and changes 617,717,909.40and [4.3] %.

RANBAXY with volume and changes 187,053,342.50and [4.2] %

The BSE Sensex ended at 15699.90 DOWN 365.45 points. It had earlier touched a day's high of 15969.50 and a day's low of 15478.69. The NSE Nifty closed at 4706.45

STOCKS TO PICK: 24^TH NOVEMBER 2011

BUY TITAN AT 192

First Target 195

Second Target 198

Stop Loss 188

SELL IDEA BELOW 91

First Target 90

Second Target 89

Stop Loss 93.

Get free Stock Market Trading Tips,  Stock Market Strategies, free Trading Tips, Nifty Spot Levels, Bank Nifty Futures, Shares To pick, Stock To Watch.
FREE SUBSCRIPTION