Stock market today: 15th may 2012

[equity_tips]

NIFTY SPOT LEVEL: 15TH MAY 2012
Today trading is expected between the broad levels of 4830-4990. If the market breaches the level of 4950 on the upper side then the next resistance level will be 4990. But if nifty breaches the support level of 4865 then it may go down till the level of 4830.

SUPPORT LEVELS

Support 1: 4865
Support 2: 4830
RESISTANCE LEVELS
Resistance 1: 4950
Resistance 2: 4990

BANK NIFTY FUTURES: 15TH MAY 2012
Based on the running trading scenario bank nifty future is expected to trade between the broad levels of 9000-9620. Bank nifty futures can go down till the level of 9000 once it breaks the level of 9120. On the opposite side once breaking the level of 9430, it is expected to go upward till the level of 9620. Bank nifty will be trading between the narrow ranges of 9120-9430.

SUPPORT LEVELS
Support 1: 9120
Support 2: 9000
RESISTANCE LEVELS
Resistance 1: 9430
Resistance 2: 9620
STOCK MARKET ANALYSIS: 14TH MAY 2012

The SENSEX closed 96 points down at 16,196 and the NIFTY stood at 4900, down by 28 points.

BSE Small-Cap index was down 1.26% while the BSE Mid-Cap index finished 1.00% down.CNX MIDCAP 50 index was down 0.90% and S&P CNX 500 was down around 0.63%.

Nifty Gainers

Today’s nifty top gainer were :

ASIANPAINT changed 3.06% with 96,525 volumes.
RANBAXY changed 2.29% with 6, 03,997 volumes .
SESAGOA changed 1.87% with 13, 73,311 volumes.

Nifty Losers

Today’s nifty top losers were:

CAIRNS with volume 22, 45,484 and changed -4.82%.
BANKBARODA with volume 8, 81,797 and changed -4.59%.
SAIL with volume 8, 81,797 and changed -4.59%.
STOCK MARKET TRADING TIPS : 15TH MAY 2012

BUY BERGER PAINT ABOVE 135.50
First Target 137
Second Target 140
Stop Loss 133
BUY ASIANPAINT FUTURES ABOVE 3743
First Target 3753
Second Target 3775
Stop Loss 3730

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[equity_tips]

Trend bearish
support 1: 419.50,
support 2: 414.25,
resist 1: 431.65,
resist 2: 438.95,

[equity_tips]

Trend bearish
support 1: 5015,
support 2: 4905,
resist 1: 5235,
resist 2: 5345,

[equity_tips]

Support 1: 53445,
support 2: 53090,
resist 1: 54665,
resist 2: 54895,

[nitishtrifid]

Stock Tips Equity Tips
Market Weekly News:

Sensex closes week at 14-month high; posts 4.4% gain.
World stocks jump on Federal Reserve pledge for US economy.
Govt approves FDI in multi-brand retail, aviation.
Inflation based on monthly WPI, rose 7.55%.
India’s exports fall 9.7% in August; trade deficit widens.
Godrej Ind buys Godrej Consumer shares worth Rs 110cr.

[larryfinch]

I talk about the international situations.
China PMI improved, but still continues to shrink. On September 20, HSBC announced China’s September manufacturing purchasing managers index (PMI) was 47.8, a slight increase of 0.2 percentage points from three-year hit in August. The pace of recovery is slow. The statistics show that China's manufacturing has shrunk for the 11th consecutive month. Investors are concerned about that the slugghsih of China's economic growth.

[nitishtrifid]

Stock Tips Equity Tips

Markets witnessed eventful week on account of domestic cues such as political issues and FDI allowance in multi brand sector. Nifty future continued the rally for third consecutive week and in this rally 5760 is seen as crucial level crossing which it may test the higher range. Volatility is expected due to F&O expiry this week. On lower side, 5600 will act as important support surpassing which it may trade in the support range of 5540-5460.

Support:5600/5460

Resistance:5830/5950

Crucial Point:5760

Close:5707.05