Friday 6 July 2012

STOCK MARKET TODAY: 9TH JULY 2012

Stock Market Today
NIFTY SPOT LEVEL: 9TH JULY 2012
Monday trading is expected between the broad levels of 5270-5350. If the market breaches the level of 5330 on the upper side then the next resistance level will be 5350. But if nifty breaches the support level of 5300 then it may go down till the level of 5270.

SUPPORT LEVELS

Support 1: 5300
Support 2: 5270
RESISTANCE LEVELS
Resistance 1: 5330
Resistance 2: 5350
BANK NIFTY FUTURES: 9TH JULY 2012

Based on the running trading scenario bank nifty future is expected to trade between the broad levels of 10490-10775. Bank nifty futures can go down till the level of 10490 once it breaks the level of 10580. On the opposite side once breaking the level of 10720, it is expected to go upward till the level of 10775. Bank nifty will be trading between the narrow ranges of 10580-10720.

SUPPORT LEVELS
Support 1: 10580
Support 2:  10490
RESISTANCE LEVELS 
Resistance 1: 10720
Resistance 2: 10775
STOCK MARKET ANALYSIS: 6TH JULY 2012

The SENSEX closed 7 points down at 17,531 and the NIFTY stood at 5,317 down by 9 points.

BSE Small-Cap index was down 0.21% while the BSE Mid-Cap index finished 0.65% down.CNX MIDCAP 50 index was down 0.78% and S&P CNX 500 was down around 0.31%.

Nifty Gainers

Today’s nifty top gainer were

  • ICICIBANK changed 1.65% with 50, 88,500 volumes.
  • M&M changed 1.41% with 18, 79,136 volumes.
  • HINDUNILVR changed 1.17% with 19, 33,814 volumes.

Nifty Losers

Today’s nifty top losers were

  • JINDALSTEEL with volume 30, 68,423 and changed -3.45%.
  • SESAGOA with volume 22, 80,277 and changed -2.03%.
  • MARUTI with volume 6, 10,988 and changed -1.97%.
 STOCK MARKET TRADING TODAY : 9TH JULY 2012

BUY UB HOLDINGS ABOVE 84.50
First Target 85.50
Second Target 87
Stop Loss 83

BUY UNITED SPIRITS FUTURES ABOVE 776
First Target 779
Second Target 784
Stop Loss 771

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