STOCK MARKET CALLS | NIFTY OUTLOOK | ANALYSIS 4th JUNE 2012

NIFTY OUTLOOK FOR  4^th JUNE  2012

NIFTY SPOT LEVEL

TREND – BEARISH

SUPPORT 1	4800
SUPPORT 2	4770
RESISTANCE 1	4895
RESISTANCE 2	4950

BANK NIFTY FUTURES

TREND- BEARISH

SUPPORT 1	9180
SUPPORT 2	9095
RESISTANCE 1	9420
RESISTANCE 2	9575

EXPERT VIEW

Expected to decline in the market: Sudarshan Sukhani

Sudarshan Sukhani says that as weak global markets last week, the U.S. markets Dow closed at the bottom of the Dons this year.Sudarshan Sukhani of the trading session today is not better in terms of trading. So to make long or short positions should be avoided.

1^ST JUNE PERFORMANCE:

POS. HAVELLS FUT 2TG, BANKNIFTY PUT 2TG,

NIFTY PUT 2TG, TATAMOTOR FUT 3TG,

NIFTY FUT 3TG, RANBAXY FUT 2TG,

CENTURY FUT 2TG, WHEELSINDIA 1TG,

1^ST JUNE COMMODITY PERFORMANCE:

CRUDE SELL CALL 3TG, NG SELL 2TG,

GOLD BUY 1TG, GOLD SELL 1TG,

PREMIUM NG CALL NOT EXECUTE

PREMIUM SILVER COST EXIT, SILVER SELL  SL HIT,

PREMIUM 30JUNE CRUDE 3TG,

COPPER 30JUNE SELL 3TG,

CRUDE 30JUNE SELL 3TG,

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STOCK MARKET REVIEW: 1^ST JUN 2012

STOCK MARKET CALLS

BSE Small-Cap index was down 1.22% while the BSE Mid-Cap index finished 1.46% down.CNX MIDCAP 50 index was down 1.64% and S&P CNX 500 was down around 1.56%. The SENSEX closed 253 points down at 15,965 and the NIFTY stood at 4841, down by 82 points.

BSE SENSEX and NIFTY traded in red and extended the fall for second consecutive session on FRIDAY after TECHNOLOGY and UTILITIES stocks took a heavy fall over the index. It’s been a rough starting for JUNE series as NIFTY fell by 84 points on the session as traded over weaker global sentiments. Reports over monsoon rains to be delayed by four days to Indian mainland dented the sentiments. Negative opening of European markets also fuelled the fire. However ASIAN PAINTS, CAIRNS and SIEMENS led the rally and took a heavy fall while ITC, GAIL and SUNPHARMA capped the losses.

Nifty Gainers

Today’s nifty top gainer were

ITC changed 2.27% with 67, 54,264 volumes

GAIL changed 1.62% with 29, 34,741 volumes

SUNPHARMA changed 0.36% with 6, 84,883 volumes

Nifty Losers

Today’s nifty top losers were

ASIANPAINT with volume 1, 59,940 and changed -6.13%

CAIRNS with volume 31, 57,040 and changed -5.57%

SIEMENS with volume 1, 72,000 and changed -5.43%

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