Friday, June 15, 2012

COMMODITY OUTLOOK || NIFTY FOR MONDAY 18 June 2012

Nifty trend for Monday 18 June, nifty support and resistance, nifty trend for tomorrow,nifty levels for Monday, Commodity outlook, Commodity trend for Monday, Nifty chart, Intraday nifty tips, bank nifty tips, nifty futures tips, Nifty range, FREE NSE BSE trading tips on mobile, Share market trend for monday, stock news and updates, Best MCX blog, Silver MCX tips

Indian Share markets closed with substantial gains this week but the gain was confined to largecap counters. The Sensex was up 1.3% and Nifty gained 1.4% over the week. The CNX Midcap index closed flat, BSE Smallcapgained 0.5% while the Bank Nifty closed with 0.7% gain. The BSE Metal closed with 1% gain, BSE FMCG was up 3.2%, BSE IT gained 2.8% and BSE OilGas closed with 0.6% gain over the week. The top Nifty gainers during the week were Ambuja Cements, Grasim and ACC while the biggest losers included NTPC, Bank of Baroda and SAIL

NIFTY SUPPORT AND RESISTANCE LEVELS 18 June

Support1 = 5080, Support2 = 5021, Support3 = 4988, Resistance1 = 5172, Resistance2 = 5205 , Resistance3 = 5264

STOCKS TO BUY ON MONDAY 18 June

1. BUY ARSS Infrastructure Projects Ltd. Short Term Target 60 Stop Loss 44
2. BUY Suzlon Energy Ltd. Short Term Target 20 Stop Loss 16
3. BUY Jubilant Foodworks Ltd. Short Term Target 1,425 Stop Loss 1,160

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