STOCK MARKET TODAY: 2ND AUG 2012

NIFTY SPOT LEVEL: 2^ND AUG 2012

Tomorrow trading is expected between the broad levels of 5200-5265. If the market breaches the level of 5250 on the upper side then the next resistance level will be 5265. But if nifty breaches the support level of 5220 then it may go down till the level of 5200.

SUPPORT LEVELS

Support 1: 5220

Support 2: 5200

RESISTANCE LEVELS

Resistance 1: 5250

Resistance 2: 5265

BANK NIFTY FUTURES: 2^ND AUG 2012

Based on the running trading scenario bank nifty future is expected to trade between the broad levels of 10275-10520. Bank nifty futures can go down till the level of 10275 once it breaks the level of 10350. On the opposite side once breaking the level of 10470, it is expected to go upward till the level of 10520. Bank nifty will be trading between the narrow ranges of 10350-10470.

SUPPORT LEVELS

Support 1: 10350

Support 2:  10275

RESISTANCE LEVELS 

Resistance 1: 10470

Resistance 2: 10520

STOCK MARKET REVIEW: 1^ST AUG 2012

The SENSEX closed 21 points up at 17,257 and the NIFTY stood at 5,240 up by 11 points.

BSE Small-Cap index was up 1.16% while the BSE Mid-Cap index finished .94% up.CNX MIDCAP 50 index was up 1.01% and S&P CNX 500 was up around .28%.

Nifty Gainers

Today’s nifty top gainer were:

CIPLA changed 4.46% with 65, 69, 810 volumes

KOTAKBANK changed 3.71% with 10, 40, 064 volumes

AMBUJA CEMENTS changed 3.19% with 23, 81, 566 volumes

Nifty Losers

Today’s nifty top losers were:

COAL INDIA with volume 26, 53, 693 and changed -2.59%

ONGC with volume 20, 33, 285 and changed -2.32%

SESA GOA with volume 21, 40, 733 and changed -2.13%

 Stock Market Today