NIFTY OUTLOOK FOR 30th MAY 2012
NIFTY SPOT LEVEL
TREND – BEARISH
SUPPORT 1 | 4970 |
SUPPORT 2 | 4955 |
RESISTANCE 1 | 5010 |
RESISTANCE 2 | 5030 |
BANK NIFTY FUTURES
TREND- BEARISH
SUPPORT 1 | 9660 |
SUPPORT 2 | 9625 |
RESISTANCE 1 | 9760 |
RESISTANCE 2 | 9820 |
EXPERT VIEW
Expiry of the market monitor: Mohit Gaba
Technical analyst Mohit Gaba rated according to their mixed approach. Thursday in May due to the expiry of the series will be some selling pressure.The market making in such a position should be avoided. To stand clear of the market would be better to wait.
Keep an eye on the lucrative stocks: Udayan Mukherjee
According to Udayan Mukherjee Tuesday trading session is in bounded range. The U.S. market closed with good speed, but bad business is seen in Asian markets. The euro also weakened against the dollar has. The impact on the market will see.
Keep an eye on the lucrative stocks: Udayan Mukherjee
Udayan Mukherjee says that traders should pay more attention to other stocks rather than nifty. Today's session is a chance to earn good money by betting on stocks. After expiry of the May series to the next 2 days to see how about Google's approach is also important.
According to Udayan Mukherjee Tuesday trading session is in bounded range. The U.S. market closed with good speed, but bad business is seen in Asian markets. The euro also weakened against the dollar has. The impact on the market will see.
STOCK FUTURES CALLS:
BUY M&M FUTURES ABOVE 662.5 TG 665,668,672 SL 657.9TATA MOTORS FUTURES SOLD BELOW 251.50 NOW MADE A LOW NEAR OUR 3RD TARGET OF 245.50 BOOK FULL PROFIT NEAR TO IT
UPDATE:SENSATIONAL PROFIT IN TATA MOTORS FUTURES TRADING NEAR 243.5 HOPE U HAVE ENJOY PROFIT WITH CS
BANK NIFTY FUTURES 2ND TG 9445 ACHIEVED, BOOK MORE PROFIT REVISE SL AT COST PRICE FOR 3RD TG 9400
SELL GAIL INDIA FUTURES BELOW 323 AND HOLD
TODAY’S PERFORMANCE:
TATAMOTORS PUT 3TG, WHEELSINDIA FUT 3TG, TATAMOTORS FUT 3TG, HERCULESHOIST 3TG,
BANKNIFTY 2TG, HAVELLS FUT 2TG, YESTERDAY POS. HINDCOPPER 1TG, AJANTAPHARMA 1TG,
WOCKHARD FUT 1TG, GODEREJCP 1TG,
Be the First for Free trial
BSE SENSEX and NIFTY traded in a tight range bound session on TUESDAY and ended flat as investors remained cautious over the Futures & Options expiry on coming THURSDAY. However GDP data to be reported over weekend also kept the investors on edge as it is expected at 6.1 percent for January-March quarter. IT and Reality stocks led the rally today while FMCG and Consumer durables limited the upside. Index heavy weight SAIL and POWERGRID presented a net profit of Rs. 1577 crore and Rs. 1032 crore respectively for MARCH quarter.
Nifty Gainers
Today’s nifty top gainer were:
HCLTECH changed 2.63% with 12, 08,208 volumes
CAIRNS changed 2.27% with 22, 58,653 volumes
WIPRO changed 2.16% with 7, 33,323 volumes
Nifty Losers
Today’s nifty top losers were:
ACC with volume 3, 13,542 and changed -2.44%
BPCL with volume 8, 25,257 and changed -2.26%
IDFC with volume 53, 40,199 and changed -1.93%
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1 comments:
The benchmark indices are expected to open flat ahead of the derivatives expiry of the July series due tomorrow, while investors will also react to the weak quarterly earnings of the heavyweight Bharti Airtel. capitalstars
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