STOCK TO WATCH: 21 JULY 2011

FUTURES CALL

SELL CALL:

Sell TATA MOTORS FUTURES below the level 966

Book First target at 955 and second target at 945

Keep  the Stop loss at 78.65

BUY CALL

Buy PETRONET LNG FUTURES above 155

Book first target at 157 and second target at 159

Keep stop loss at 152.25

CASH CALL

BUY CALL:

Buy NIIT TECHNOLOGIES around CMP 222

Book First Target at  228 and Second at 235

Keep Stop loss at  216.75

Bank nifty futures level : 11 july 11

Bank  Nifty Index Lost 11321 down by 150  points

The Bank Nifty Futures  supposed to trade  in a narrow range of 11195-11430  and if presume trading in a broad  range  11095  - 11560

SUPPORT: The first Support  level  of Bank Nifty Futures is 11195 & below this level the next support is seen  near    11095   mark. 

RESISTANCE : The first Resistance level of Bank Nifty Futures is 11430  and above this levels the next  resistance would be  11560

Nifty Spot level : 11 july 11

The 30-share BSE Sensex was trading at 18,858.04 down  220.26 points and the 50-share NSE Nifty fell 68.30 points to 5,660.65.

Market is supposed to fell down due to market fundamentals and Profit booking.

The Benchmark Nifty supposed to trade  in a narrow range of 5630 -5730 and if presume trading in a broad  range 5595 -5765

SUPPORT:  First Support level of nifty Spot Level is 5630  and the second level seen near to 5595

RESISTANCE : The first resistance of Nifty Spot Level  5730 is  and second resistance is seen near 5765

Bank nifty futures level : 8 july 11

Bank  Nifty Index Lost 11459 up by141  points

The Bank Nifty Futures  supposed to trade  in a narrow range of 11350 -11625 and if presume trading in a broad  range  11280  -11740

SUPPORT: The first Support  level  of Bank Nifty Futures is 11350 & below this level the next support is seen  near    11280   mark. 

RESISTANCE : The first Resistance level of Bank Nifty Futures is 11625 and above this levels the next  resistance would be  11740

Nifty Spot level : 8 july 11

The 30-share BSE Sensex was trading at 19,078.30 up 351.33    points and the 50-share NSE Nifty fell 103.50 points to 5,728.95. A firm trend in the European markets and overnight gains in the US markets also partly supported the sentiment today.

The Benchmark Nifty supposed to trade  in a narrow range of 5695 -5760 and if presume trading in a broad  range 5655 -5805

SUPPORT:  First Support level of nifty Spot Level is 5695and the second level seen near to 5655

RESISTANCE : The first resistance of Nifty Spot Level  5760 is  and second resistance is seen near 5805

Stock To Watch For Tommorow on 06/07/2011

BUY GUJARAT FLUOROCHEMICALS AT CMP TG 411.50,416 STOP LOSS 403.45

BUY BATA FUTURES ABOVE 620.50 TG 623,627 STOP LOSS 617.20