STOCK MARKET TODAY: 4TH JUNE 2012

Stock Trading Levels

NIFTY SPOT LEVEL: 4^TH 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 LEVELS

Support 1: 4800

Support 2: 4770

RESISTANCE LEVELS

Resistance 1: 4895

Resistance 2: 4950

BANK NIFTY FUTURES: 4^TH 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 LEVELS

Support 1: 9180

Support 2:  9095

RESISTANCE LEVELS 

Resistance 1: 9420

Resistance 2: 9575

STOCK MARKET ANALYSIS: 1^ST 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%.

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%.

STOCK MARKET TRADING TODAY : 4^TH 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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