Saturday, March 31, 2012
MCX Bullion Tips Gold Updates|Nifty Intraday Trend Range Levels for Today 2 April:- Yesterday both big benchmark indices closed on a positive note. Markets have reported a smart rally on the first day of April Series expiry. For the first time in last six weeks the market has reported a weekly gain. The Nifty ended up 116.7 points today, to close at 5295.55. The Sensex ended up 345.59 points, at 17,404.20. The breadth of the market was positive in today’s trade.
Friday, March 30, 2012
NSE Nifty Range Trend Levels|Stock Market Calls|Gold Intraday Tips for Today 30 March :- Today Indian Markets are expected to trade lack luster on feeble global cues and to begin flat to positive. It is the first day of new series of F&O expiry. Yesterday Nifty shut shop in red after making a zigzag movement throughout the day. NIFTY RANGE: Nifty intraday support is seen near 5,162 - 5,145 - 5,125 levels and resistance is seen near 5,193 - 5,212 - 5,230 levels. Any early gains are likely to face stiff selling pressure.
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Stock Market Latest News & Factors Affecting Markets Today:-
- TCS to provide banking solution.
- NTPC Tamil Nadu Energy Co. commissions Unit I of Vallur Power Project
- Tata Motors hikes commercial vehicle prices by up to Rs 60,000
- Tata Motors to invest 600cr on defense vehicles
- NTPC to halt expansion of gas-based projects
- Bharat Forge earmarks 100cr to develop artillery gun
Thursday, March 29, 2012
- Hold Madras Cements around Rs 154 for medium to long term.
- Hold Lupin around Rs 516 for medium term gains.
NSE Nifty Outlook|Gold Intraday Tips For Today|Stock Tips Trend Range Levels|Trading Strategy NSE BSE For Today 29 March:- Yesterday Nifty closed at 5194 down by 48.40 points after taking a low of 5169.60 and a high of 5236.55. Sensex closed at 17121 down by 135 points. Volume was lower than that of yesterday and the market breadth was negative. Today Indian market is likely to remain volatile as deteriorating fiscal situation due to lower than expected tax collections and higher than expected subsidies prompts investors to sell Equities. NSE NIFTY With market trading lower end of the two key level of support near 5170-5200 and the resistance 5370 it is best to describe as a consolidation phase from intermediate term point of view.
We expect gold and silver to trade with a sideways positive bias in the evening session today.
Wednesday, March 28, 2012
Share Market Performance Report Today|Nifty Trend & NSE BSE Stock Intraday & Delivery Tips For Tomorrow 29 March :- Today with weak gllobal cues and high selling pressure, markets fell sharp and closed in red. Throughout the day markets stayed in negative zone. All the sectors including Consumer Durables, Reality, Auto, Metal, Power, Oil & Gas closed on declines. Only FMCG and Healthcare provides some relief to the markets and closed in green. Finally at the end of the day the 30 share index BSE Sensex shut at 17122, down 136 points and the 50 share index NSE Nifty ended at 5195, down 48 points. Some best Nifty stocks on buy sell were Tata Steel, Siemens, Dr Reddy's, Ranbaxy and Maruti.
- Hold GSPL with Stop Loss-72
- Hold IRB Infra with Stop Loss-164
- Hold United Spirits with Targets 605-610 with Stop Loss- 565
- Hold India Cements with Targets-145-150 with Stop Loss- 82
Tuesday, March 27, 2012
Stock Market Trading Report|Intraday NSE BSE Tips|Nifty Futures Range Levels For Tomorrow 28 March:- Today markets bounced back strongly after the governmen clarified the taxation of FII inflows through the Mauritius route. Hence both big benchmark indices closed by gaining significantly. Sectors that performed well included Consumer Durables, FMCG, Realty and Metal. Only Power closed in red. Today the Nifty crossed its crucial level of 5200. Finally the Sensex ended up 205 points at 17257 and Nifty closed up 59 points at 5243.
NSE BSE Tips For Tomorrow 28 March-Delivery Calls
1) Hold Sintex Industries with a stop loss around 80.
Monday, March 26, 2012
- The government reduced the import tariff value of gold from $573 per 10 grams to $530 per 10 grams.
- India will continue to import oil from Iran without violating any international law.
- No changes in corporate tax rates.
Saturday, March 24, 2012
Friday, March 23, 2012
MCX Commodity Market Outlook|Gold Updates|Silver Trend|Bullion Tips Support Resistance Levels for Today 23 March :- Yesterday spot gold prices declined around 0.4 percent on the back of a stronger dollar yet it traded on choppy sentiments in the global markets. Gold futures prices gave a nice pull back at the late hours of yesterday’s session and it is still reviving at the early Globex session. Today the Euro has changed a little and dollar index is likely to be volatile. Yesterday, MCX Gold April contract rose around 0.2 percent on account of a weaker Rupee and hit an intra-day high of Rs27,937/10 gms yesterday. We could expect the early gains in gold prices may be eroded in the evening and hence we recommend to remain short at higher prices.
Nifty Outlook Today:- Today Nifty is expected to start trade between the crucial level of 5218 and the first support of 5264. Further positive movement may lift Nifty to move towards 5308 levels. On the lower side we can see the first support level near 5177 then the next support could be seen near 5146 level.1) TCS : Buy b/w 1161-1164 Target1-1183 Target2-1190 Stop Loss-1152
2) Bharat Forge : Sell below-318 Target1-312 Target2-309 Stop Loss-321
3) IOB : Sell b/w 95.50-96 Target1-93.75 Target2-92.50 Stop Loss-96.75
Wednesday, March 21, 2012
Nifty Outlook for Tomorrow 22 March And Hot Stocks :-Top NSE Hot Picks for Today included Mahindra Satyam, Tech Mahindra, JP Associates, Ranbaxy, DLF, Reliance infra, L&T, Axis Bank.
In Nifty we saw technical recovery today. Global cues will influence the market trend for tomorrow also. Nifty has upside resistance near 5375-5380levels and then 5425 level.