NIFTY SPOT LEVEL: 4TH JUN 2012
Monday trading is expected between the broad levels of 4770-4950. If the market breaches the level of 4895 on the upper side then the next resistance level will be 4950. But if nifty breaches the support level of 4800 then it may go down till the level of 4770.
Support 1: 4800
Support 2: 4770
Resistance 1: 4895
Resistance 2: 4950
BANK NIFTY FUTURES: 4TH JUN 2012
Based on the running trading scenario bank nifty future is expected to trade between the broad levels of 9095-9575. Bank nifty futures can go down till the level of 9095 once it breaks the level of 9180. On the opposite side once breaking the level of 9420, it is expected to go upward till the level of 9575. Bank nifty will be trading between the narrow ranges of 9180-9420.
Support 1: 9180
Support 2: 9095
Resistance 1: 9420
Resistance 2: 9575
STOCK MARKET ANALYSIS: 1ST JUN 2012
The SENSEX closed 253 points down at 15,965 and the NIFTY stood at 4841, down by 82 points.
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%.
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.
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%.
STOCK MARKET TRADING TODAY : 4TH JUN 2012
BUY MCX INDIA ABOVE 995
First Target 1002
Second Target 1012
Stop Loss 985
SELL HAVELLS FUTURES ABOVE 526
First Target 523
Second Target 518
Stop Loss 531
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