STOCKS TO WATCH : 16 JUNE 2011.

SELL  BANK NIFTY FUTURES AT CURRENT MARKET PRICE TG 10600, 10550 STOP LOSS 10675.40

Follow up:

BANK NIFTY FUTURES: 1st and 2nd Tgt Achieved.

SELL SBI AT CURRENT MARKET PRICE TG 2165,2145 STOP LOSS 2205.40

Follow up:

SBI: 1st Tgt Achieved.

SELL WIPRO BELOW 422 TG 418,413 STOP LOSS 428.50 

Follow up:

WIPRO:1st Tgt Achieved and near to achieve 2nd Tgt.    

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

BANK NIFTY FUTURES LEVELS : 3 JUNE 11

Bank  Nifty Index Lost 10843. In upcoming trading session, Bank nifty futures is possible to vary between narrow range of 10750-10930 and if it breaks the level 10750  then it would go down upto next support 10615. If bank nifty futures does not sustain at 10930 then it would go high upto next resistance 11045 that is bank nifty future would vary between broad range of 10615 -11045

FREE STOCK TIPS FOR 02 JUNE 2011

    

Script	C/F	Position	Level	Targets	SL	Follow Up
HDFC BANK	CASH	BUY	2410	Tg1- 2425 Tg2- 2450	2389	Not Executed yet
TATA MOTORS	CASH	SELL	1072	Tg1- 1064 Tg2- 1054	1084	2nd Target Achieved
BEML	CASH	SELL	602	Tg1- 596  Tg2-586	610.4	2nd Target Achieved
IDEA CELLULAR	CASH	BUY	70.5	Tg1- 71.5  Tg2- 73	68.90	1st Target Achieved

Nifty Spot Levels : 2 JUNE 11

Today market closed up  +31.85 points or   (0.57%) and finally settled at  5,592.00   and  sensex closed up  +105.53  points or  22 (0.57%) and finally settled at 18,608.81.  

Nifty closed and settled finally at 5,592.00   up by  +31.85  points. Indian equity benchmarks continued their uptrend for second repeated session on Wednesday. The 50-share Nifty spot closed below the 5600 mark - it tried to cross that level during the day but could not make it.

In upcoming trading session there is higher possibility that nifty spot manages between narrow range of 5670-5500 and if it breaks the level 5670 then it would be go down and next support would be 5625 and if it breaks the level 5500 then would go higher and next resistance would be 5540 i.e nifty would vary between broad range of 5625-5540

Bank Nifty Futures Levels : 2 JUNE 11

Bank  Nifty Index Lost 10952. In upcoming trading session,Bank nifty futures is possible to vary between narrow range of 10805-11040 and if it breaks the level 10805 then it would go down upto next support 10670. If bank nifty futures does not sustain at 11040 then it would go high upto next resistance that is bank nifty future would vary between broad range of 11670 -11150

Daily Free Stock Trading Tips For 01-06-2011

Script	C/F	Position	Level	Targets	SL	Follow Up
SUN PHARMA	CASH	BUY	481	Tg1- 485 Tg2- 490	475.70
PUNJ LLYOD	FUTURES	BUY	69	Tg1- 70.50 Tg2- 72	66.70
CADILA HEALTHCARE	CASH	BUY	930	Tg1- 940  Tg2-955	916
V GUARD INDUSTRIES	CASH	BUY	219	Tg1- 222  Tg2- 226	215
RANBAXY	FUTURES	BUY	552	Tg1- 557  Tg2- 564	544.7
MARICO	CASH	BUY	152.5	Tg1- 155  Tg2- 158	148.7
BANK NIFTY	FUTURES	BUY	CMP	Tg1- 10960  Tg2- 11015	10878

BANK NIFTY FUTURES LEVELS : 31 MAY

Bank  Nifty Index Lost 10702  . It is looking Consolidate in upcoming  trading session. If it copes to Support level 10610 ,then market would be upward trend and if it breaks this level then would go down by 105 points that is , 10505 and if its does not sustain to this level then would decline by 110  points more.

If  Bank Nifty manages below this level  10750  then market would be downward trend and if it breaks then would go higher upon 10900.

Support : It has first support near to the levels of   10750   and below this level near to 10375

Resistance : It has First seen near to 10750  and above  this level near to 10900.

NIFTY SPOT LEVELS : 31 MAY

Today market closed down  -3.00 points or   (-0.05%) and finally settled at 5,473.10  and  sensex closed down  -34.04 points or  (-0.05%) and finally settled at 18,232.06.

Nifty closed and settled finally at  5,473.10  down  by  -3.00 points. Indian equity benchmarks closed flat with a negative bias on Monday. It was a completely directionless trade for the market amid low volume. However, the broader indices outperformed benchmarks.

Market will be consolidate  in upcoming trading session. If it manages to trade at Support level 5440  then market would be upward trend and if breaks this level then it would go down by 55  points i.e., 5395  and if its does not sustain to this level then would decline  by 50  points more .

Nifty Manages below this level 5500 then market would be downward trend and if it breaks then would go higher about 40 points that is 5540.

Support : It has first support near to the levels of 5440and below this level near to   5395

Resistance: It has First seen near to 5500and above  this level near to  5540