Wednesday, 22 February 2012

STOCK MARKET TODAY: 23RD FEBRUARY 2012


NIFTY SPOT LEVEL: 23RD JANUARY 2012

Tomorrow trading is expected between the broad levels of 5405-5710. If the market breaches the level of 5660 on the upper side then the next resistance level will be 5710. But if nifty breaches the support level of 5465 then it may go down till the level of 5405.

SUPPORT LEVELS

Support 1: 5465
Support 2: 5405
RESISTANCE LEVELS
Resistance 1: 5560
Resistance 2: 5710
BANK NIFTY FUTURES: 23RD JANUARY 2012

Based on the running trading scenario bank nifty future is expected to trade between the broad levels of 10565-10975. Bank nifty futures can go down till the level of 10565 once it breaks the level of 10645. On the opposite side once breaking the level of 10860, it is expected to go upward till the level of 10975. Bank nifty will be trading between the narrow ranges of 10645-10860.

SUPPORT LEVELS
Support 1: 10645
Support 2: 10565
RESISTANCE LEVELS 
Resistance 1: 10860
Resistance 2: 10975
STOCK MARKET ANALYSIS 22NDJANUARY 2012

In a rare development, the Indian market saw a major fall on Wednesday, with the NSE Nifty sliding by over 100 points and the BSE Sensex losing nearly 300 points.The Indian markets broke two-day rise and closed on a weak note. The Sensex fell 283 points and the Nifty down 102 points

The BSE Mid-Cap index and the BSE Small-Cap index lost ~3.4% and 3.2% respectively.
Nifty Gainers

Today’s nifty top gainer were :
SUNPHARMA changed 1.10% with 7,47,053 volumes.

ITC changed 0.77% with 86,11,052 volumes.

TCS changed 0.74% with 15,70,913 volumes.

Nifty Losers

Today’s nifty top losers were :
R COM with volume 2,33,10,128 and changed -9.51%.
SBI with volume 63,34,444 and changed -8.13%.
DLF with volume 84,99,051 and changed -6.97%.
STOCKS MARKET TRADING TIPS : 23RD JANUARY 2012

BUY TATA COM ABOVE 261
First Target 263
Second Target 265
Stop Loss 256
SELL SBI FUTURES BELOW 2252             
First Target 2245
Second Target 2235
Stop Loss 2280
Get free Stock Market Trading Tips, Stock Market Strategies, free Trading Tips, Nifty Spot Levels, Bank Nifty Futures, Shares To pick, Stock To Watch.


0 comments:

 
Real Time Analytics