STOCK MARKET TODAY: 18TH JUN 2012

Stock Market Today

NIFTY SPOT LEVEL: 18^TH JUN 2012

Monday trading is expected between the broad levels of 5040-5195. If the market breaches the level of 5165 on the upper side then the next resistance level will be 5195. But if nifty breaches the support level of 5085 then it may go down till the level of 5040.

SUPPORT LEVELS

Support 1: 5085

Support 2: 5040

RESISTANCE LEVELS

Resistance 1: 5165

Resistance 2: 5195

BANK NIFTY FUTURES: 18^TH JUN 2012

Based on the running trading scenario bank nifty future is expected to trade between the broad levels of 9790-10225. Bank nifty futures can go down till the level of 9790 once it breaks the level of 9910. On the opposite side once breaking the level of 10130, it is expected to go upward till the level of 10255. Bank nifty will be trading between the narrow ranges of 9910-10225.

SUPPORT LEVELS

Support 1: 9910

Support 2:  9790

RESISTANCE LEVELS 

Resistance 1: 10130

Resistance 2: 10225

STOCK MARKET ANALYSIS: 15^TH JUN 2012

The SENSEX closed 272 points up at 16,950 and the NIFTY stood at 5,134 up by 80 points.

BSE Small-Cap index was up 0.47% while the BSE Mid-Cap index finished 0.50% up.CNX MIDCAP 50 index was up 1.06% and S&P CNX 500 was up around 0.81%.

Nifty Gainers

Today’s nifty top gainer were :

• GRASIM changed 5.75 % with 81,539 volumes.
• TATAMOTOR changed 5.65% with 1, 63, 90,029 volumes.
• AMBUJACEM changed 4.10% with 46, 89,165 volumes.

 Nifty Losers

Today’s nifty top losers were:

• STER with volume 1, 52, 38,243 and changed -1.96%.
• SESAGOA with volume 18, 83,522 and changed -1.33%.
• BAJAJ-AUTO with volume 16, 47,942 and changed -0.77%.

 STOCK MARKET TRADING TODAY : 18^TH JUN 2012

BUY MASTEK LTD ABOVE 109

First Target 111

Second Target 113

Stop Loss 106

BUY TATA MOTOR FUTURE ABOVE 245

First Target 247

Second Target 250

Stop Loss 242

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