STOCK MARKET TODAY: 28TH MAY 2012

Nifty Trading Levels

NIFTY SPOT LEVEL: 28^TH MAY 2012

Monday trading is expected between the broad levels of 4870-4965. If the market breaches the level of 4945 on the upper side then the next resistance level will be 4965. But if nifty breaches the support level of 4900 then it may go down till the level of 4870.

SUPPORT LEVELS

Support 1: 4900

Support 2: 4870

RESISTANCE LEVELS

Resistance 1: 4945

Resistance 2: 4965

BANK NIFTY FUTURES: 28^TH MAY 2012

Based on the running trading scenario bank nifty future is expected to trade between the broad levels of 9320-9570. Bank nifty futures can go down till the level of 9320 once it breaks the level of 9400. On the opposite side once breaking the level of 9520, it is expected to go upward till the level of 9570. Bank nifty will be trading between the narrow ranges of 9400-9520.

SUPPORT LEVELS 

Support 1: 9400

Support 2:  9320

RESISTANCE LEVELS 

Resistance 1: 9520

Resistance 2: 9570

STOCK MARKET ANALYSIS: 25^TH MAY 2012

The SENSEX closed 4 points down at 16,217 and the NIFTY stood at 4920, down by 1 points.

BSE Small-Cap index was up 0.53% while the BSE Mid-Cap index finished 0.44% up.CNX MIDCAP 50 index was up 0.59% and S&P CNX 500 was up around 0.15%.

Nifty Gainers

Today’s nifty top gainer were :

• GAIL changed 3.70% with 9, 03,098 volumes.
• JPASSOCIAT changed 2.94% with 1, 83, 93,550 volumes.
• TATASTEEL changed 2.66% with 40, 00,538 volumes.

Nifty Losers

Today’s nifty top losers were:

• JINDALSTEEL with volume 11, 98,232 and changed -2.58%.
• MARUTI with volume 9, 21,129 and changed -2.32%.
• M&M with volume 10, 87,946 and changed -2.10%.

STOCK MARKET TRADING TIPS : 28^TH MAY 2012

BUY PRAJIND ABOVE 50.70

First Target 52

Second Target 54

Stop Loss 49

BUY JUBLFOOD FUTURES ABOVE 1254

First Target 1260

Second Target 1270

Stop Loss 1245

Get free Stock Market Trading Tips, Stock Market Strategies, free Trading Tips, Nifty Spot Levels, Bank Nifty Futures, Shares to pick, Stock To Watch.
FREE SUBSCRIPTION