Stock Watch 7 june 2011

Script	C/F	Psn	Lvl	Trgts	SL	Fllw Up
Kotak bank	CASH	BUY	447	TG1- 451 TG2- 457	441.7
L&T	CASH	BUY	1736	TG1- 1750 TG2- 1770	1515.70
Ultra tech	CASH	SELL	1010	TG1- 1000 TG2-985	1025.40
Titan	FUT	BUY	4404	TG1- 4420 TG2- 4445	4380.70
Raymond	CASH	BUY	388	TG1-392 TG2-398	383.70
Jubilant Foodworks	CASH	SELL	807	TG1-800 TG2-790	817.40

 

CS BANK NIFTY FUTURE LEVELS: TREND – CONSOLIDATE

CS BANK NIFTY FUTURE LEVELS: TREND – CONSOLIDATE

SUPPORT1:10620

SUPPORT2:10500

RESISTANCE1:10920

RESISTANCE2:11050

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NIFTY SPOT LEVELS :3 JUNE 11

Today market closed down  -41.65  points or   (-0.74%) and finally settled at  5,550.35  and  sensex closed down   -114.63 points or (-0.62%) and finally settled at 18,494.18 

 

After  gain seen in previous two session Indian equity benchmarks retreated today reacting to weak global cues and 2G case news.,Nifty closed and settled finally at 5,550.35  down  by  -41.65  points.

 

In upcoming trading session there is higher possibility that nifty spot manages between narrow range of 5500-5595 and if it breaks the level 5500 then it would be go down and next support would be 5460 and if it breaks the level 5595 then would go higher and next resistance would be 5640 i.e nifty would vary between broad range of 5460-5640