Wednesday, June 6, 2012

Long Term Stock Tips || Nifty Outlook 7 June

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Share markets made robust gains today with all sectoral indices closing with substantial upside. Auto, capital goods, power and banking were the biggest gainers in today's session and FMCG, metal, realty and consumer durables, too, closed with significant gains. The Sensex closed at 16454, up 434 points from its previous close, and the Nifty shut shop at 4997, up 134 points. The CNX Midcap index was up 2.1% while the BSE Smallcap index gained 1.5% in today's trade. The market breadth was positive with advances at 1146 against declines of 307 on the NSE. The top Nifty gainers were Tata Motors, Hero MotoCorp, Jindal Steel and Reliance Infra while the biggest losers included Cipla,BPCL and Dr Reddy's.

NIFTY LEVELS>>NIFTY SUPPORT AND RESISTANCE 7 June

Pivot Level = 4948 Support1 = 4909 Resistance1 = 5014 Support2 = 4843 Resistance2 = 5053 Support3 = 4804 Resistance3 = 5119

FILL THE FORM FOR COMMODITY LEVELS of 7 June

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