STOCK MARKET TODAY: 21ST JUNE 2012

Stock Market Today

 NIFTY SPOT LEVEL: 21^ST JUNE 2012

Today trading is expected between the broad levels of 5080-5165. If the market breaches the level of 5145 on the upper side then the next resistance level will be 5165. But if nifty breaches the support level of 5105 then it may go down till the level of 5080.

SUPPORT LEVELS

Support 1: 5105

Support 2: 5080

RESISTANCE LEVELS

Resistance 1: 5145

Resistance 2: 5165

BANK NIFTY FUTURES: 21^ST JUNE 2012

Based on the running trading scenario bank nifty future is expected to trade between the broad levels of 9715-9940. Bank nifty futures can go down till the level of 9715 once it breaks the level of 9785. On the opposite side once breaking the level of 9895, it is expected to go upward till the level of 9940. Bank nifty will be trading between the narrow ranges of 9785-9895.

SUPPORT LEVELS

Support 1: 9785

Support 2:  9715

RESISTANCE LEVELS 

Resistance 1: 9895

Resistance 2: 9940

STOCK MARKET ANALYSIS: 20^TH JUNE 2012

The SENSEX closed 36 points up at 16,896 and the NIFTY stood at 5,120 up by 16 points.

BSE Small-Cap index was down 0.79% while the BSE Mid-Cap index finished 0.83% up.CNX MIDCAP 50 index was up 1.30% and S&P CNX 500 was up around 1.10%.

Nifty Gainers

Today’s nifty top gainer were :

• ACC changed 4.34% with 20, 90,516 volumes.
• STER changed 3.46% with 2, 16, 34,930 volumes.
• HCLTECH changed 3.19 % with 13, 68,229 volumes.

Nifty Losers

Today’s nifty top losers were

• TCS with volume 8, 76,777 and changed -1.72%.
• BHARTIARTL with volume 24, 09,072 and changed -1.41%.
• DLF with volume 50, 34,156 and changed -1.38%.

STOCK MARKET TRADING TODAY : 21^ST JUNE 2012

BUY PIRAMAL HEALTH ABOVE 522

First Target 526

Second Target 532

Stop Loss 516

BUY HINDOILEXP FUTURE ABOVE 127.50

First Target 129

Second Target 131

Stop Loss 125.50

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