
SHREE GANESHAY NAMAAH !
Sustainable rally unlikely, but nothing wrong in buying now
RBI is unlikely to be aggressive in rate cuts
It's been a flat session for the market. The Nifty did move a bit up and down but stuck to a narrow range throughout the day's trade before closing flat at 4,750 while the Sensex lost 25 points to close the day at 15,857.
According to Sudarshan Sukhani, s2analytics.com, we are in a temporary “no trade zone”. “A decisive breach of 4800 and then 4720 should tell us go in a big way,”
Stocks To Watch :
POSITIONAL CALL SELL HINDUNILEVER FNO JAN @ 412--415, CLOSING SL OF 425, TGT 405 / 400 / 395 / 388 IN 7 TRADING SESSION ! HIT 1ST TGT MADE LOW OF 392 ! REVISED SL 402 !
Nifty Future Chart :
Monthly (2011) :
Open : 4637.80
High : 4799.00
Low : 4592.40
Close: 4758.10
Avg. : 4696.83
NIFTY FUTURE
R5 : 4872
R4 : 4836
R3 : 4818
R2 : 4792
R1 : 4778
CMP: 4758.10
S1 : 4752
S2 : 4740
S3 : 4725
S4 : 4703
S5 : 4688
Market Updates :
Volumes jump at WABCO India counter
United Breweries, Bosch, Indiabulls Financial Services and Sun PharmaceuticalIndustries are among the other stocks to see a surge in volumes on BSE today, 5 January 2012.
WABCO India clocked volume of 50,000 shares by 13:21 IST on BSE, a 295.96-times surge over two-week average daily volume of 170 shares. The stock rose 0.21% to Rs 1,200.
United Breweries notched up volume of 4.56 lakh shares, a 19.39-fold surge over two-week average daily volume of 24,000 shares. The stock surged 13.18% to Rs 443.55.
Bosch clocked volume of 10,000 shares, a 14.57-fold surge over two-week average dailyvolume of 1,000 shares. The stock rose 1.13% to Rs 6,983.
Indiabulls Financial Services clocked volume of 11.77 lakh shares, a 10.63-fold surge over two-week average daily volume of 1.11 lakh shares. The stock surged 5.18% to Rs 149.20.
Sun Pharmaceutical Industries clocked volume of 4.60 lakh shares, a 6.21-fold surge over two-week average daily volume of 74,000 shares. The stock rose 0.94% to Rs 506.05
United Breweries leads gainers in 'A' group
Shriram Transport Finance Company, MMTC, Hindustan Copper and IndiabullsFinancial Services are among the other gainers
United Breweries galloped 9.25% to Rs 428.15. The stock topped the gainers in the BSE's 'A' group. The stock rose on volume of 6.93 lakh shares, higher than an average daily volume of 24,000 shares in the past two weeks. The stock had outperformed the market over the past one month till 4 January 2012, falling 1.66% compared with Sensex's 5.72% decline. The scrip had also outperformed the market over the past one quarter, rising 8.23% as against Sensex's 0.11% return.
Shriram Transport Finance Company jumped 9.16% to Rs 488.15. It was second biggest gainer in 'A' group. The stock had underperformed the market over the past one month till 4 January 2012, falling 17.35% compared with Sensex's 5.72% decline. The scrip had also underperformed the market over the past one quarter, sliding 27.30% as against Sensex's 0.11% return.
MMTC advanced 6.78% to Rs 779.30, extending two-day 40.61% rally. The stock was third biggest gainer in 'A' group. The stock rose on volume of 15.17 lakh shares, higher than an average daily volume of 3.99 lakh shares in the past two weeks. The stock had outperformed the market over the past one month till 4 January 2012, rising 30.80%compared with Sensex's 5.72% decline. The scrip had also outperformed the market over the past one quarter, advancing 14.67% as against Sensex's 0.11% return.
Hindustan Copper surged 5.33% to Rs 266.75, extending four-day 55.79% surge. The stock was fourth biggest gainer in 'A' group. As per reports last week, three Chinese firms bagged contracts worth nearly $105 million to help India's only copper miner Hindustan Copper meet a target of boosting its output four-fold from 3.4 million tonne to 12.4 million tonne over the next five years.
Indiabulls Financial Services gained 5.08% to Rs 149.05. The stock was fifth biggest gainer in 'A' group. The stock rose on volume of 17.03 lakh shares, higher than an average daily volume of 1.11 lakh shares in the past two weeks. The stock had outperformed the market over the past one month till 4 January 2012, rising 4.88%compared with Sensex's 5.72% decline. The scrip, however, underperformed the market over the past one quarter, sliding 4.09% as against Sensex's 0.11% return.
Note : Data From Capital Market And Money Control !
Note : Kindly Trade With Stoploss !
No comments:
Post a Comment