Monday, 16 April 2012

STOCK MARKET TODAY: 17TH APRIL 2012



NIFTY SPOT LEVEL: 17TH APRIL 2012
Tomorrow trading is expected between the broad levels of 5165-5270. If the market breaches the level of 5250 on the upper side then the next resistance level will be 5270. But if nifty breaches the support level of 5200 then it may go down till the level of 5165.

SUPPORT LEVELS

Support 1: 5200
Support 2: 5165
RESISTANCE LEVELS
Resistance 1: 5250
Resistance 2: 5270
BANK NIFTY FUTURES: 17TH APRIL 2012

Based on the running trading scenario bank nifty future is expected to trade between the broad levels of 10210-10565. Bank nifty futures can go down till the level of 10210 once it breaks the level of 10330. On the opposite side once breaking the level of 10550, it is expected to go upward till the level of 10565. Bank nifty will be trading between the narrow ranges of 10330-10505.

SUPPORT LEVELS
Support 1: 10330
Support 2:  10210
RESISTANCE LEVELS 
Resistance 1: 10505
Resistance 2: 10565
STOCK MARKET ANALYSIS: 16TH APRIL 2012

The SENSEX closed 56 points UP at 17,170 and the NIFTY stood at 5226, UP by 18 points.

BSE Small-Cap index was down by 0.56% while the BSE Mid-Cap index finished 0.80% down.CNX MIDCAP 50 index was down 0.46% and S&P CNX 500 was down around 0.48%.

Nifty Gainers

Today’s nifty top gainer were :
  • TATAMOTORS changed 4.22% with 1, 22, 33,329 volumes.
  • JPASSOCIAT changed 3.36% with 1, 46, 65,546 volumes.
  • AXISBANK changed 3.17% with 12, 72,381 volumes.

Nifty Losers

Today’s nifty top losers were:
  • AMBUJACEM with volume 16, 67,988 and changed -2.39%.
  • ACC with volume 2, 49,643 and changed -1.74%.
  • BHARTIARTL with volume 38, 82,229 and changed -1.67%.
STOCK MARKET TRADING TIPS: 17TH APRIL 2012

BUY HANUNG TOYS ABOVE 151
First Target 153
Second Target 156
Stop Loss 147.90
BUY ITC FUTURES ABOVE 243
First Target 245
Second Target 247
Stop Loss 241
Get free Equity Tips,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