Market Updates :
Nifty Spot Major Support @ 5221 (Closing Basis) And Resistance @ 5310
Nifty If Closes Below 5221 Then We May C More Selling Pressure.
Short Term Calls :
Aban CMP @ 518.90, Can Buy With SL 510 (Closing Basis), Tgt 535 To 555 Or More.
Bharat Heavy Electricals (Bhel) fell 0.47% to Rs 1910. The stock hit 52-week low of Rs 1872.50 today. Can Go Long With SL 1860 For Positional Call
BSE Sensex was up 54.75 points or 0.31% to 17,561.38. The Sensex gained 208.25 points at the day's high of 17,714.88 in afternoon trade.
S&P CNX Nifty was up 16.85 points or 0.32% to 5,274.75 as per provisional figures.
Jaiprakash Associates, Maruti Suzuki India and Reliance Infrastructure fell by between 1.08% to 4.05%. HDFC, Hero Honda Motors and Tata Motors rose by between 1.01% to 1.7%.
Raymond move more than 2.25% at Rs 373.50 on reports property developer Oberoi Realty is interested in buying the former's 125-acre land in Thane near Mumbai. And Close Slightly Higher Than Previous Day Close @ 360.20
Past Perfomances :
Weakness In Mphasis If Falls Below 443, We May C Further Downside To 420 Levels, Our Call Triggered And Made Exactly Of 420 and Close @ 427.20., Below 420 We C More To 403 Levels
BGR Energy Weak Below 449, Below This Level We May C 435 To 423 Levels.
Cairn India Closing Below 306 May Fall More To 283 Levels. Closed @ 306.70
Nifty Future:
June Month :
Open : 5556.20
High : 5608.50
Low : 5182.40
Close: 5277.85
Avg. : 5406.24
Yearly (2011) :
Open : 6202.10
High : 6209.90
Low : 5175.10
Close: 5277.85
Avg. : 5716.24
NIFTY FUTURE
R5 : 5378
R4 : 5356
R3 : 5332
R2 : 5310
R1 : 5292
CMP: 5277.85
S1 : 5256
S2 : 5232
S3 : 5216
S4 : 5200
S5 : 5177
Note : Kindly Trade With Stoploss
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