STOCK MARKET TODAY: 3RD JULY 2012

Stock Market Today

NIFTY SPOT LEVEL: 3^RD JULY 2012

Today trading is expected between the broad levels of 5240-5320. If the market breaches the level of 5300 on the upper side then the next resistance level will be 5320. But if nifty breaches the support level of 5260 then it may go down till the level of 5240.

SUPPORT LEVELS

Support 1: 5260

Support 2: 5240

RESISTANCE LEVELS

Resistance 1: 5300

Resistance 2: 5320

BANK NIFTY FUTURES: 3^RD JULY 2012

Based on the of 10240 once it breaks the level of 10330. On the opposite side once breaking the level of 10475, it is expected to go upward till the level of 10535. Bank nifty will be trading between the narrow ranges of 10330-10475.

running trading scenario bank nifty future is expected to trade between the broad levels of 10240-10535. Bank nifty futures can go down till the level

SUPPORT LEVELS

Support 1: 10330

Support 2:  10240

RESISTANCE LEVELS 

Resistance 1: 10475

Resistance 2: 10535

STOCK MARKET ANALYSIS: 2^ND JULY 2012

The SENSEX closed 39 points down at 17,398 and the NIFTY stood at 5,278 down by 1 points.

BSE Small-Cap index was up 1.09% while the BSE Mid-Cap index finished 0.90% up.CNX MIDCAP 50 index was up 0.97% and S&P CNX 500 was up around 0.25%.

Nifty Gainers

Today’s nifty top gainer were

• ACC changed 3.98% with 6, 52,701 volumes.
• DLF changed 3.02% with 61, 01,516 volumes.
• GRASIM changed 2.16% with 83,398 volumes.

 Nifty Losers

Today’s nifty top losers were

• ITC with volume 98, 28,658 and changed -4.21%.
• JINDALSTEEL with volume 25, 61,563 and changed -3.41%.
• HEROMOTO with volume 3, 27,541 and changed -1.93%.

STOCK MARKET TRADING TODAY TO PICK: 3^RD JULY 2012

BUY MINDTREE LTD ABOVE 687

First Target 692

Second Target 698

Stop Loss 680

BUY ACC FUTURES ABOVE 1315

First Target 1325

Second Target 1340

Stop Loss 1295

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