STOCK MARKET TODAY: 20TH JULY 2012

NIFTY SPOT LEVEL: 20TH JULY 2012

Tomorrow trading is expected between the broad levels of 5215-5270. If the market breaches the level of 5255 on the upper side then the next resistance level will be 5270. But if nifty breaches the support level of 5230 then it may go down till the level of 5215.

SUPPORT LEVELS

Support 1: 5230

Support 2: 5215

RESISTANCE LEVELS

Resistance 1: 5255

Resistance 2: 5270

BANK NIFTY FUTURES: 20^TH JULY 2012

Based on the running trading scenario bank nifty future is expected to trade between the broad levels of 10540-10750. Bank nifty futures can go down till the level of 10540 once it breaks the level of 10580. On the opposite side once breaking the level of 10680, it is expected to go upward till the level of 10750. Bank nifty will be trading between the narrow ranges of 10580-10680.

SUPPORT LEVELS

Support 1: 10580

Support 2:  10540

RESISTANCE LEVELS 

Resistance 1: 10680

Resistance 2: 10750

STOCK MARKET ANALYSIS: 19TH JULY 2012

The SENSEX closed 93 points up at 17,274 and the NIFTY stood at 5,242 up by 26 points.

BSE Small-Cap index was up 0.37% while the BSE Mid-Cap index finished 0.12% up.CNX MIDCAP 50 index was up 0.28% and S&P CNX 500 was up around 0.42%.

Nifty Gainers

Today’s nifty top gainer were:

CAIRNS changed 3.02% with 46, 87,695 volumes

BPCL changed 2.99% with 12, 16,614 volumes

INFOSYS changed 2.80% with 13, 63,292 volumes

Nifty Losers

Today’s nifty top losers were:

MARUTI with volume 83, 44,781 and changed -9.19%

BANKBARODA with volume 10, 19,416 and changed -3.05%

KOTAKBANK with volume 29, 73,758 and changed -2.96%

STOCK MARKET TRADING TODAY: 20TH JULY 2012

BUY JINDAL POLYFILMS ABOVE 195

First Target 197

Second Target 200

Stop Loss 192

BUY BATAINDIA FUTURES ABOVE 911

First Target 914

Second Target 919

Stop Loss 906

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