Tuesday, 10 April 2012

STOCK MARKET TODAY: 11TH APRIL 2012

 
NIFTY SPOT LEVEL: 11TH APRIL 2012

Tomorrow trading is expected between the broad levels of 5190-5280. If the market breaches the level of 5260 on the upper side then the next resistance level will be 5280. But if nifty breaches the support level of 5210 then it may go down till the level of 5190.

SUPPORT LEVELS

Support 1: 5210
Support 2: 5190
RESISTANCE LEVELS
Resistance 1: 5260
Resistance 2: 5280
BANK NIFTY FUTURES: 11TH APRIL 2012

Based on the running trading scenario bank nifty future is expected to trade between the broad levels of 10030-10300. Bank nifty futures can go down till the level of 10030 once it breaks the level of 10110. On the opposite side once breaking the level of 10250, it is expected to go upward till the level of 10300. Bank nifty will be trading between the narrow ranges of 10110-10250.

SUPPORT LEVELS
Support 1: 10110
Support 2:  10030
RESISTANCE LEVELS 
Resistance 1: 10250
Resistance 2: 10300
STOCK MARKET ANALYSIS: 10TH APRIL 2012


The SENSEX closed 21 points up at 17,243 and the NIFTY stood at 5243, up by 9 points.

BSE Small-Cap index was down by 0.12% while the BSE Mid-Cap index finished 0.26% down.CNX MIDCAP 50 index was down 0.42% and S&P CNX 500 was up around 0.06%.

Nifty Gainers

Today’s nifty top gainer were
  • TATAMOTOR changed 4.24% with 44, 34,764 volumes.
  • RCOM changed 3.19% with 75, 48,628 volumes.
  • TATAPOWER changed 2.88% with 81, 57,759 volumes.
Nifty Losers

Today’s nifty top losers were
  • BHEL with volume 71, 56,619 and changed -2.54%.
  • AMBUJACEMENT with volume 25, 45,193 and changed -2.48%.
  • RANBAXY with volume 5, 09,915 and changed -2.41%.
STOCK MARKET TRADING TIPS: 11TH APRIL 2012

BUY APPAPER INDIA ABOVE 226
First Target 230
Second Target 234
Stop Loss 221.50
BUY HINDUNILVR FUTURES ABOVE 416.50
First Target 418
Second Target 420
Stop Loss 413.70
 

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