STOCK MARKET CALLS | NIFTY OUTLOOK | ANALYSIS 6th JUNE 2012

NIFTY OUTLOOK FOR  6TH JUNE  2012

NIFTY SPOT LEVEL   
TREND – BEARISH

SUPPORT 1	4840
SUPPORT 2	4815
RESISTANCE 1	4890
RESISTANCE 2	4920

BANK NIFTY FUTURES   
TREND- BEARISH

SUPPORT 1	9395
SUPPORT 2	9325
RESISTANCE 1	9540
RESISTANCE 2	9615

5TH JUNE PERFORMANCE

MPHASIS FUT 3TG,

POS. MPHASIS FUT 2TG,

APOLLOHSPTL 2TG,

MCLEODRUSSEL FUT 2TG,

L&T CALL 1TG,

TATAMOTORS PUT 1TG ,

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STOCK MARKET REVIEW: 5^TH JUN 2012

STOCK MARKET CALLS

BSE Small-Cap index was up 0.21% while the BSE Mid-Cap index finished 0.23% up.CNX MIDCAP 50 index was up 0.47% and S&P CNX 500 was up around 0.31%. The SENSEX closed 32 points up at 16,020 and the NIFTY stood at 4863, up by 15 points.

BSE SENSEX and NIFTY traded in a volatile session shed the initial gains in later hours and ended almost flat with a nominal gain of 0.20 percent and 0.30 percent respectively. Ongoing Euro Zone worries and volatility in Rupee kept the investors on edge. However Larsen & Toubro, State Bank of India and Reliance led the rally as L&T shot 3 percent up on the session while ITC Cigarette, Tata Motors and Bharti Airtel capped the upside as tanked almost 3 percent each. Indian Rupee fell 20 paise at 55.85 against the DOLLAR after appreciating 30 paise in initial trading hours.

  

Nifty Gainers

Today’s nifty top gainer were:

LT changed 2.94% with 31, 23,798 volumes

GRASIM changed 2.72% with 67,208 volumes

RELINFRA changed 2.71% with 26, 29,352 volumes

Nifty Losers

Today’s nifty top losers were:

AMBUJACEM with volume 14, 69,462 and changed -3.29%

TATAMOTORS with volume 1, 53, 96,615 and changed -3.17%

SIEMENS with volume 1, 43,546 and changed -2.64%

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