Monday, July 30, 2012

Nifty ended above 5200

30 July 2012 Closing Market Updates  15:55


Market gained on the rate cut expectations from RBI's 1st quarter Credit Policy which will be announced tomorrow. Nifty gained 100.45 points and ended at 5200.30 whereas BSE Sensex jumped 298.92 points to end at 17138.11. Nifty ended above 5200 after 20th July,2012.
Among BSE Sectoral Indices, Power index gained the most by 3.48% followed by Realty 3.24%, Capital Goods 2.92% and Consumer durables' index by 2.6%.
In Nifty50 stocks, just 3 stocks declined today. Relinfra gained the most by 5.58% ended at 500.7. Ambujacem was the top loser by 1.21% which ended at 179.75.
Suzlon was the turnover topper by the volumes traded and ICICI Bank was by the traded value.
Advance/Decline ratio was positive to 1.85 : 1 ratio as 940 stocks gained and 507 stocks eclined today on NSE.


Nifty Outlook :
As discussed into previous blog, Nifty collapsed upto 5032.40 after breaking important level of 5165-5170. As an important event of RBI policy tomorrow, market will set the mood accordingly.
Nifty Aug Fut. support : 5140/ 5100
Resistance : 5248/5270
Bank Nifty Fut. support : 10400/ 10190(closing basis)
Resistance : 10510/ 10680


Major Global Indices :


Nikkei : +68.8
Hang Seng : +310.44
FTSE : +29.23
CAC : +30.78
DAX : +66.41
Dow Futures : -16.00
Nasdaq Futures : +0.5
Gold($) : 1619.77
Silver($) : 27.6930
USD/INR : 55.4380
EUR/INR : 67.9150
GBP/INR : 86.9860




Posted by at No comments:

Thursday, July 12, 2012

Infy results pulled market down

12 July 2012 : Morning Market Updates


Infy results made market un-happy as Q1 Net Profit fell by 1.16% to 2289Crores (QoQ).The expected was 2448 crores.




Nifty Outlook : Technically, market is now in strong hands but as disclosed into previous blog, Nifty Fut. was trading in overbought zone and as expected we witnessed selling pressure on higher side. To hold long in Nifty fut., Nifty fut. should not close below 5270 otherwise downside upto 5170-5220 would be possible.


Immediate Support : 5270/5240
Immediate Resistance : 5310/5370


Major results ahead : TCS, HDFC Bank, Sterlite and Yesbank 
Posted by at No comments:

Friday, July 6, 2012

6 July Closing Market Updates

6 July Closing Market Updates 16:50
Today Nifty closed with a dip of 10.35 points at 5316.95 after making low of 5287.75.Whereas Sensex dropped 17.55 points to settle at 17521.12. Among BSE sectoral indices, FMCG and Bankex gained by 0.67% and 0.18% respectively.Realty index was the top loser by 1.20%. In Nifty50 stocks, ICICI Bank gained the most by 1.65% to close at 936.Jindalstel was the top loser by 3.45% and closed at 454.4.
LITL was the turnover topper by the traded quantity and SBI was by the traded value. Advance/Decline Ratio was negative as 885 stocks declined and 569 stocks gained today on NSE.


Nifty Outlook :


Yesterday, Nifty future was looking overbought around 5350-5354 levels and expected downward movement, which witnessed today for the whole day as Nifty failed to cross yesterday's high of 5354.5. On weekly chart, Nifty Fut. has resistance at around 5390-5400 levels. For the next week, Nifty should take support at 5390 and 5370 for targeting 5440 level. Consecutive closings above 5354 level will be considered as a strength in bullishness. On the other hand, result days are coming from the next week. Infy, TCS and HDFC bank announcing their Q1 results on 12th July and 13th July respectively.So we should keep an eye on major announcements by the foremost companies. Any unexpected worsen result may pull Nifty down to touch 5160 in a day trade, but in such panic situation the volumes and the day closing would be considered as vital tool to judge the further movement.


Nifty Fut  Resistance : 5370/5390
Nifty Support : 5290/5270


Global Cues :


Nikkei : -59.05
HangSeng : -8.49
FTSE : -0.11
CAC : -12.22
DAX : -22.76
Dow Futures : -19.00
Nasdaq Futures : -4.00
Gold : 1595.59 US$ / Oz
Silver : 27.47 US$/Oz
USD/INR : 55.4080
EUR/INR : 68.5870
GBP/INR : 86.1270
JPY/INR : 69.6700


Results Calender :



Abhishek Corp02-Jul-12
Foundry Fuel02-Jul-12
Sumeru Ind02-Jul-12
Galaxy Con03-Jul-12
Coral Hub04-Jul-12
PG Electroplast04-Jul-12
Suryachakra Pow04-Jul-12
Setco Auto05-Jul-12
Tulip StarHotel05-Jul-12
Abirami Finance06-Jul-12
Chemfab Alkalie06-Jul-12
Chowgule Steam06-Jul-12
Krishnadeep Tra06-Jul-12
Precision Cont06-Jul-12
Saregama India06-Jul-12
Vas Infra06-Jul-12
Yashraj Contain06-Jul-12
Arshiya Intl07-Jul-12
LML07-Jul-12
Noida Medicare07-Jul-12
Surya Pharma07-Jul-12
UT07-Jul-12
Vakrangee07-Jul-12
TTK Prestige08-Jul-12
Aarti Drugs09-Jul-12
ExplicitFinance09-Jul-12
Flex Foods09-Jul-12
Krishna Ferro09-Jul-12
Liberty Shoes09-Jul-12
Advani Hotels10-Jul-12
IndusInd Bank10-Jul-12
Priyadarshini10-Jul-12
Uniply Ind10-Jul-12
Ventura Guarant10-Jul-12
Cera Sanitary11-Jul-12
CMC11-Jul-12
HDFC11-Jul-12
Mount Everest11-Jul-12
Bilcare12-Jul-12
Emmessar Biotec12-Jul-12
Geojit BNP12-Jul-12
GM Breweries12-Jul-12
Hindustan Housi12-Jul-12
Infosys12-Jul-12
Kilburn Chemica12-Jul-12
Magma Fincorp12-Jul-12
RS Software12-Jul-12
TCS12-Jul-12
VST12-Jul-12
AP Paper Mills13-Jul-12
Chokhani Sec13-Jul-12
Global Vectra13-Jul-12
HDFC Bank13-Jul-12
Interlink Petro13-Jul-12
Jay BharatMarut13-Jul-12
Kajaria Ceramic13-Jul-12
Kopran13-Jul-12
Mafatlal Financ13-Jul-12
Sabero Organics13-Jul-12
Sintex Ind13-Jul-12
Wendt13-Jul-12
Avanti Feeds14-Jul-12
Indag Rubber14-Jul-12
Sheel Int14-Jul-12
SVC Superchem14-Jul-12
MindTree15-Jul-12
Castrol16-Jul-12
Exide Industrie16-Jul-12
Magnus Plastics16-Jul-12
Mah Scooters16-Jul-12
Prism Finance16-Jul-12
Shree Rajesh Pa16-Jul-12
South Ind Bk16-Jul-12
Super Bakers16-Jul-12
Tata Coffee16-Jul-12
Axis Bank17-Jul-12
Bajaj Finance17-Jul-12
Bajaj Finserv17-Jul-12
GIC Housing Fin17-Jul-12
Kirloskar Pneum17-Jul-12
Artson Eng18-Jul-12
Bajaj Auto18-Jul-12
Bajaj Holdings18-Jul-12
Infotech Enter18-Jul-12
Sagar Cement18-Jul-12
Somany Ceramics18-Jul-12
Tayo Rolls18-Jul-12
BOC India19-Jul-12
Dr Reddys Labs19-Jul-12
Hindustan Media19-Jul-12
Kirloskar Oil19-Jul-12
Kotak Mahindra19-Jul-12
Kothari World19-Jul-12
Persistent19-Jul-12
Tata Sponge Iro19-Jul-12
Timken19-Jul-12
Zee News19-Jul-12
Asian Paints20-Jul-12
Binani Ind20-Jul-12
HT Media20-Jul-12
Karnataka Bank20-Jul-12
Kirloskar Broth20-Jul-12
KLRF20-Jul-12
StewartandMacke20-Jul-12
Zee Entertain20-Jul-12
GS Auto21-Jul-12
Colgate23-Jul-12
Coromandel Int23-Jul-12
Dabur India23-Jul-12
Merck23-Jul-12
Rose Patel Merc23-Jul-12
SJVN23-Jul-12
Torrent Pharma23-Jul-12
Container Corp24-Jul-12
ILandFS24-Jul-12
SKF India24-Jul-12
Agro Tech Foods25-Jul-12
Assam Company25-Jul-12
Indian Hume Pip25-Jul-12
Kirloskar Ind25-Jul-12
Madras Cements25-Jul-12
Ramcoind25-Jul-12
Royal Cushion25-Jul-12
Schrader Duncan25-Jul-12
Xpro India25-Jul-12
Bata India26-Jul-12
DIC India26-Jul-12
Elcid Investmen26-Jul-12
TCI Developers26-Jul-12
Thermax26-Jul-12
Transport Corp26-Jul-12
Walchand People26-Jul-12
Dolphin Offshor27-Jul-12
ICICI Bank27-Jul-12
M&M Financial27-Jul-12
Nicco Parks27-Jul-12
Phillips Carbon27-Jul-12
Godrej Proper28-Jul-12
Kovai Medical28-Jul-12
Maruti Suzuki28-Jul-12
Vesuvius India28-Jul-12
Amarjothi Spin30-Jul-12
Cholamandalam30-Jul-12
Eimco Elecon30-Jul-12
GDL Leasing30-Jul-12
Indo Asian Fin30-Jul-12
Meghmani Organi30-Jul-12
Minaxi Textiles30-Jul-12
NEPC Agro Foods30-Jul-12
NEPC India30-Jul-12
NEPC Paper30-Jul-12
NEPC Textiles30-Jul-12
Zuari Inds30-Jul-12
Ankush Finstock31-Jul-12
Bansisons Tea31-Jul-12
Bee Electronic31-Jul-12
Nicco Corp31-Jul-12
NOCIL31-Jul-12
Suprajit Eng31-Jul-12
Sylph Tech31-Jul-12
Venlon Polyeste31-Jul-12
Indraprastha01-Aug-12
Usha Martin01-Aug-12
Berger Paints02-Aug-12
Dhunseri Petro02-Aug-12
Mahindra Ugine03-Aug-12
Godrej Consumer04-Aug-12
Simco Trading &06-Aug-12
Chambal Fert08-Aug-12
Mah and Mah08-Aug-12
Sudarshan Chem10-Aug-12
MB Parikh Fin11-Aug-12
India Lease Dev13-Aug-12
Motor and Gen F13-Aug-12
Shrenuj and Co13-Aug-12
Specular Market13-Aug-12
Sparc Systems14-Aug-12
Stylam Ind28-Sep-12
For daily updates and intra-day recommendation, keep following on Facebook : 



28-Sep-12
Posted by at No comments:
Subscribe to: Posts (Atom)