21st Dec.2011 Closin

21st Dec.2011 Closing Market Updates 15:56

Positive closing in Asian indices lead our markets to sustain the bull grip for the day.INR appreciation for the day from 53.0270 to 52.6750 and short covering gave a relief for the investors by breaking the serial of negative closing since last 5 sessions.Nifty jumped 159.9 points and ended at  4704.1 whereas Sensex gained more than 3% with 550.63 points to end at 15725.71. 
All BSE sectoral indices closed to positive. Bankex gained the most by 5.13% followed by Oil&Gas(4.16%), Consumer durables(3.97%) and Power by 2.87%.
In Nifty50 stocks, 46 stocks gained today and Sesagoa was the top gainer by 9.43% to end up at 163.7 whereas IDFC was the top loser by 2.25%. to end at 98.8.  JPAssociate was the turnover topper by the quantity traded and L&T was by the traded value.
Advance/Decline ratio was positive to nearly 2:1 as 937 stocks gained and 508 stocks declined today on NSE.


Major Global Indices :


Hang Seng : +336.25
Nikkei : +123.5
FTSE : +29.27
CAC : + 33.88
DAX : + 60.38
Dow Futures : +71.00
Nasdaq Futures : +16.00


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Nifty closed at new Low after 21st Aug 2009

20th Dec.2011 Closing Market Updates 16:00

Market continued its southward journey today also.Market recovered in the early last session and was trying to sustain above previous close but news that Spain has sold Treasury bills of 5.64 Bn.Suddenly market dipped and made a new low of 4531.15 after 21st Aug.2009
Nifty ended at a new low after 21st Aug.2009 down by 64.4 points and Sensex dropped 197.29 points to end at 15182.05.
Among BSE Sectoral Indices, only FMCG index closed into positive by just 0.37%. Capital goods index was the top loser by 3.5% followed by Metal(3.48%), Realty(2.71%), Power(2.59%), Auto(2.44%) and Consumer durable index by 2.04%.
In Nifty50 stocks, Ranbaxy was the top gainer by 3.24% ended at 395.7 and JP Associates was the top loser by 8.15% and ended at 53. JP Associates was the turnover topper by the traded quantity and LT by the traded value.
Advance/Decline ratio was negative as 1097 declined and 362 stocks gained today on NSE.


Major Global Indices : 


Hang Seng : +9.99
Nikkei : +40.36
FTSE : -5.01
CAC : +27.87
DAX : +50.26
Dow Futures : +93.00
Nasdaq Futures : +21.25

Nifty ended at 4605.05 a new low after 3rd Nov.2009

19 Dec 2011 Closing Market Updates :

Nifty ended at 4605.05 a new low after 3rd Nov.2009.

After Friday's panic selling, Nifty ended near its support level of 4620. Today market opened gap down because of weak Asian indices. Nifty breached the level of 4620-4600 and made a low of 4555.9.It was down by 46.55 points but maintained to end at 4605.05 just above 4600 level. Sensex dropped by 142.7 points and ended at 15348.65

Nifty next support will be at 4530 and resistance 4850

Among BSE Sectoral indices, Oil&Natural Gas index was the top gainer by 1% and Capital Goods index was the top loser by 3.47%

In Nifty50 stocks, Axis Bank was the top loser by 5.91%, ended at 850.65 whereas Tatamotors gained the most by 4.41% to end at 180. Suzlon was the top traded stock by the traded quantity and SBI by the traded value.

Advance/Decline ratio was 4.76 : 1 as 254 stocks declined and 1210 stocks gained today on NSE.

Major Global Indices :

Hang Seng : -215.18

Nikkei : -105.6

FTSE : +18.05

CAC : +11.98

DAX : +43.7

Dow Futures : +53.00

Nasdaq Futures : +10.00

15 Dec 2011 
Review of yesterday's commodity recommendations :
Today,
MCX Gold Feb 2012 closed at 27600 after making low of 27287.(Short call given yesterday below 28715 at 20:51
MCX Silver Mar 2012 closed at 53786 after making low of 52316.(Short call given yesterday below 55860
MCX Crude Dec closed at 5046. (Yesterday we recommended to book profits or go short below 5178)
MCX Copper Feb 2012 Buy call given yesterday above 417, call not initiated as yesterday's close was 397.75

15 Dec.2011 Closing Market Updates : 16:25

Market opened with negative note because of weak US markets as well as Asian markets. Positive opening in European cues and substantial good figures of advance tax paid by corporates relieved the market in the last session and showed some recovery from its bottom.Nifty recovered almost 78 points.
Nifty dipped and made intraday low of 4673.85 and once again took support just above its recently made low of 4639.1 on 24th Nov.2011. Nifty ended at 4752.05 with 11.2 points down and Sensex ended at 15851.3 down by 29.84 points.
So we can consider 4620-4640 is a good support on closing basis.Any sustain below these levels could test 4540 and also 4000 mark in near term.But all are eyeing on tomorrow's RBI credit policy which will be a true test on inflation,USD/INR relation and growth rate, hopefully tomorrow's RBI credit policy may support the market situations by reducing interest rate by 25 basis points. Lets cross our fingers for next 20 hours.
Among BSE Sectoral Indices, FMCG was the top gainer by 0.61% and Capital goods was the top loser by 1.91%
In Nifty50 stocks, Tatapower gained the most by 4.9% and ended at 91 whereas Ranbaxy was the top loser by 4.44% which ended at 383 today.Suzlon was the turnover topper by the traded quantity and SBIN was the most traded stock by the traded value on NSE today.
Advance/Decline ratio was negative as 1071 stocks declined and 376 stocks gained today on NSE.


Major Global Indices :


Hang Seng : -327.59
Nikkei : -141.76
FTSE : +32.54
CAC : +21.9
DAX : +63.23
Dow Futures : +41.00
Nasdaq Futures : +6.25

14 Dec 2011 Commodity Technical Calls  20:51






MCX Gold Feb 2012 Short below 28715 (closing) Trg 28455,28292 with a strict sl of 28920


MCX Silver Mar 2012 Short below 55860 (closing) Trg 55640,54920 with a strict sl of 56900


MCX Crude oil Dec 2011 : Exit Long or keep trail sl of 5178.


MCX Copper Feb 2012 : Ready to zoom above 417 strict sl 409 for trg 426


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13 Dec.2011 Closing Market Updates  15:50

Market opened with a week note because of global scenario but in last half an hour short covering and hope on RBI policy pulled market to end in positive. Nifty jumped nearly 85 points to end at 4819.9 with a gain of 55.3 points over the day.Sensex gained 191.63 points to end at 16061.98.


Among BSE Sectoral Indices, just two indices ended into red, which are Consumer Durable(-1.93%) and Capital Goods by -0.41%.Metal index was the top gainer by 2.74% followed by Auto, Oil&Gas, Power and Realty.
In Nifty50 stocks, Hindalco was the top gainer by 6.19% and ended at 131.2 whereas Rpower was the top loser by 3.36% and ended at 79.05.
Advance/Decline ratio was negative as 898 stocks declined and 520 stocks gained today on NSE.
Major Global Index :
Hang Seng : -128.49
Nikkei : -99.76
FTSE : +21.95
CAC : +4.46
DAX : +37.17
Dow Futures : +46.00
Nasdaq Futures : +4.25

9th December,2011 Closing Market Updates 15:52

Market witnessed fall on the last session of the furious week.Volatile market recovered later but dove again into negative. Nifty dropped 80.35 points and ended at 4866.7 and Sensex ended at 16201.12 with a fall of 287.12 points.
All BSE Sectoral Indices ended into negative territory.Capital Goods Index was the biggest looser by 2.68% followed by Auto and Oil&Gas with 2.34% and 2.17% respectively.
In Nifty50 stocks, Sail was the top looser by 5.65% and ended at 82.7 whereas RPower was the top gainer by 1.26% and ended at 84.6
Advance/Decline ratio was negative as 976 stocks declined and 445 stocks gained today on NSE.


Major Global Indices :


Hang Seng : -521.58
Nikkei : -128.12
FTSE : -9.24
CAC : +16.94
DAX : +17.58
Dow Futures : +23.00
Nasdaq Futures : +1.25

5th Dec 2011 Closing Market Updates  17:30

As per published in the previous blogs Nifty bounded between 4660 and 5070.Today we have witnessed flat closing as Nifty lost 13.65 points and ended at 5036.5 and Sensex closed at 16805.33 with a drop of 41.5 points.
Among BSE Sectoral Indices, Power Index gained the most by just 0.86% and Metal Index was the top loser by 0.9%.
JPAssociates was the top gainer in Nifty50 stocks, ended at 69.05 after gaining 2.6% whereas HCLTech was the top loser with 2.46% and ended at 2.46%.
Advance/Decline Ratio was negative as 722 stocks declined and 681 stocks gained today on NSE.


Major Global Indices : 


Hang Seng : +139.3
Nikkei : +52.23
FTSE : +32.5
CAC : +39.85
DAX : +42.83
Dow Futures : +100.00
Nasdaq Futures : +18.75

Global markets welcome the move of federal reserve

1st December,2011
Global markets rallied after the Federal Reserve and five other central banks together moved to ease the flow of funds to banks hit by Europe’s debt crisis, and China cut the level of cash that banks have to set aside as reserves.
The Federal Reserve and the central banks of the euro area, Canada, the U.K., Japan and Switzerland agreed to reduce the cost of offering dollar financing through swap arrangements.
Hopefully, tomorrow Indian markets will open with a gap.
Nifty resistance : 4920/5070
Nifty support : 4715/4660
Banking and Infra/Realty stocks will zoom.