STOCK MARKET TODAY: 13TH JUN 2012

NIFTY SPOT LEVEL: 13^TH JUN 2012

Today trading is expected between the broad levels of 4970-5200. If the market breaches the level of 5155 on the upper side then the next resistance level will be 5200. But if nifty breaches the support level of 5040 then it may go down till the level of 4970.

SUPPORT LEVELS

Support 1: 5040

Support 2: 4970

RESISTANCE LEVELS

Resistance 1: 5155

Resistance 2: 5200

BANK NIFTY FUTURES: 13^TH JUN 2012

Based on the running trading scenario bank nifty future is expected to trade between the broad levels of 9795-10325. Bank nifty futures can go down till the level of 9795 once it breaks the level of 9965. On the opposite side once breaking the level of 10230, it is expected to go upward till the level of 10325. Bank nifty will be trading between the narrow ranges of 9965-10230.

SUPPORT LEVELS

Support 1: 9965

Support 2:  9795

RESISTANCE LEVELS 

Resistance 1: 10230

Resistance 2: 10325

STOCK MARKET ANALYSIS: 12^TH JUN 2012

The SENSEX closed 186 points up at 16,854 and the NIFTY stood at 5115, up by 61 points.

BSE Small-Cap index was up 0.28% while the BSE Mid-Cap index finished 0.56% up.CNX MIDCAP 50 index was up 0.93% and S&P CNX 500 was up around 1.02%.

Nifty Gainers

Today’s nifty top gainer were :

• AMBUJACEM changed 5.81% with 30, 52,394 volumes.
• PNB changed 4.06% with 8, 46,708 volumes.
• ACC changed 3.18% with 4, 47,845 volumes.

Nifty Losers

Today’s nifty top losers were:

• WIPRO with volume 22, 29,129 and changed -1.84 % .
• DRREDDY with volume 4, 29,993 and changed -1.74%.
• RANBAXY with volume 12, 51,402 and changed -1.13%.

 STOCK MARKET MARKET TODAY : 13^TH JUN 2012

BUY RAJ TELEVISION ABOVE 202

First Target 204

Second Target 207

Stop Loss 199

BUY JET AIRWAYS FUTURE ABOVE 361

First Target 363

Second Target 366

Stop Loss 358

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