STOCK MARKET TODAY: 12TH APRIL 2012

NIFTY SPOT LEVEL: 12^TH APRIL 2012

Tomorrow trading is expected between the broad levels of 5160-5300. If the market breaches the level of 5270 on the upper side then the next resistance level will be 5300. But if nifty breaches the support level of 5200 then it may go down till the level of 5160.

SUPPORT LEVELS

Support 1: 5200

Support 2: 5160

RESISTANCE LEVELS

Resistance 1: 5270

Resistance 2: 5300

BANK NIFTY FUTURES: 12^TH APRIL 2012

Based on the running trading scenario bank nifty future is expected to trade between the broad levels of 9950-10450. Bank nifty futures can go down till the level of 9950 once it breaks the level of 10100. On the opposite side once breaking the level of 10350, it is expected to go upward till the level of 10450. Bank nifty will be trading between the narrow ranges of 10100-10350.

SUPPORT LEVELS

Support 1: 10100

Support 2:  9950

RESISTANCE LEVELS 

Resistance 1: 10350

Resistance 2: 10450

STOCK MARKET ANALYSIS: 11^TH APRIL 2012

The SENSEX closed 5 points up at 17,248 and the NIFTY stood at 5240, down by 4 points.

BSE Small-Cap index was down by 0.27% while the BSE Mid-Cap index finished 0.63% down.CNX MIDCAP 50 index was down 0.51% and S&P CNX 500 was down around 0.23%.

Nifty Gainers

Today’s nifty top gainer were :

• KOTAKBANK changed 2.57% with 6, 64,884 volumes.
• SUNPHARMA changed 1.99% with 4, 88,884 volumes.
• INFOSYS changed 1.89% with 10, 22,425 volumes

Nifty Losers

Today’s nifty top losers were

• ACC with volume 6, 96,521 and changed -4.47%.
• AMBUJACEM with volume 31, 01,402 and changed -3.87%.
• RELINFRA with volume 31, 88,298 and changed -3.60%.

STOCK MARKET TRADING TIPS: 12^TH APRIL 2012

BUY APPAPER INDIA ABOVE 250

First Target 253

Second Target 260

Stop Loss 245

SELL INFOSYS FUTURES BELOW 2820

First Target 2810

Second Target 2795

Stop Loss 2835

Click Here For Commodity Tips