STOCK MARKET TODAY: 26TH JUNE 2012

Stock Market Today

 NIFTY SPOT LEVEL: 26^TH JUN 2012

Today trading is expected between the broad levels of 5045-5225. If the market breaches the level of 5165 on the upper side then the next resistance level will be 5225. But if nifty breaches the support level of 5075 then it may go down till the level of 5045.

SUPPORT LEVELS

Support 1: 5075

Support 2: 5045

RESISTANCE LEVELS

Resistance 1: 5165

Resistance 2: 5225

BANK NIFTY FUTURES: 26^TH JUN 2012

Based on the running trading scenario bank nifty future is expected to trade between the broad levels of 9690-10295. Bank nifty futures can go down till the level of 9690 once it breaks the level of 9790. On the opposite side once breaking the level of 10100, it is expected to go upward till the level of 10295. Bank nifty will be trading between the narrow ranges of 9790-10100.

SUPPORT LEVELS

Support 1: 9790

Support 2:  9690

RESISTANCE LEVELS 

Resistance 1: 10100

Resistance 2: 10295

STOCK MARKET ANALYSIS: 25^TH JUN 2012

The SENSEX closed 90 points down at 16,882 and the NIFTY stood at 5,114 down by 30 points.

BSE Small-Cap index was up 0.24% while the BSE Mid-Cap index finished 0.03% down.CNX MIDCAP 50 index was down 0.32% and S&P CNX 500 was down around 0.30%.

Nifty Gainers

Today’s nifty top gainer were

• CAIRNS changed 1.35% with 20, 57,639 volumes.
• GAIL changed 1.32 % with 14, 26,036 volumes.
• RELIANCE changed 0.85% with 25, 39,772 volumes.

Nifty Losers

Today’s nifty top losers were

• HEROMOTO with volume 2, 90,950 and changed -2.69%.
• SIEMENS with volume 80,071 and changed -2.66%.
• GRASIM with volume 56,763 and changed -2.58%.

 STOCK MARKET TRADING TODAY : 26^TH JUN 2012

BUY WOCKHARDT LTD ABOVE 908

First Target 914

Second Target 920

Stop Loss 999

BUY TATA COMMUNICATION FUTURE ABOVE 128.75

First Target 130.50

Second Target 132

Stop Loss 126.45

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