NIFTY STOCK TREND TODAY : Friday 10 June 2011

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Good Morning dear readers, today the market has opened with a flat note and is likely to trade lower this week.FMCG, autos, banks and oil & gas are proving a drag.Sensex is at 18312, down 72 points from its previous close, and Nifty is at 5496, down 24 points.The market breadth is positive with advances at 587 against declines of 520 on the NSE.

NIFTY LEVELS TODAY :-

SUPPORT : It has first support close to the level of 5475 & below this level the next support is seen near 5415 mark. 


RESISTANCE : It has first resistance close to the level of 5580 & above this level the next resistance is seen near the 5630 mark. 

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Nifty Technical Outlook today : Wednesday 8 June 2011

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Gdmrng all, Yesterday market took a relief and finally closed with some early gains. Today i.e. on 8th June Market opened with a soft flat note. So, the Nifty trend today includes some weakness but nothing to worry as the momentum is positive.

Nifty technical levels today :-

Support :- Today Nifty support level can be seen near 5508 & below this level the next support is seen near 5415 mark.

Resistance :- Resistance level of nifty is seen near 5580 & above this level the next resistance is seen near the 5630 mark. 

Expert's Advise today :- (Click to get on MOBILE)

Buy at the support level and sell at the resistance level

BUY  Nifty at 5540 with a target of 5580 and stop loss of 5520.

Hot Stocks to watch today :-

Following are the Top Stock picks to trade today :-

NMDC, Kotak Bank, VIP Industries, BHEL, Cairn, Dish TV, EKC, GAIL and Hindalco 

Nifty Technical levels today : Thursday 2 June 2011

Yesterday i.e. on 1 june 2011 Nifty closed at 5592 with the marginal gains of 32 points. Nifty has been trading higher and has moved up 3.3% in the past four days. Nifty has a strong resistance at 5640 (50-day SMA) and 5750 (200-day SMA).

Today, markets are showing negativity in the opening trade and banking stocks are the ones that are putting a lot of pressure on the indices. Some buying is there in HUL on the expectations that P & G may take control of the company. The Sensex is trading at 18401, down 207 points from its previous close, and the Nifty is at 5536, down 56 points.

NIFTY TECHNICAL LEVELS TODAY :-

SUPPORT :- It has first support close to the level of 5540 & below this level the next support is seen near 5480 mark.


RESISTANCE: It has first resistance close to the level of 5630 & above this level the next resistance is seen near the 5730 mark.

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NIFTY LEVELS TODAY : Friday 27 may 2011

Gdmrng readers,Pre-opening session has started without any clear signal for the markets and the Sensex is trading at 18102, up 57 points and the Nifty is at 5377, down 35 points. Market today is very consolidating and edgy, Nifty may keep its bearish trend, so traders are advised to play safe with strict stop loss. Despite that some stocks may do well today in the market,here are the list of 

HOT STOCKS TO WATCH TODAY :-

PFC, LIC Housing, Financial Technologies, Tata Motors DVR, Hotel Leela, GAIL, Adani Enterprises, Aurobindo Pharma and HDIL are the top stock picks of the day.

NIFTY SUPPORT AND RESISTANCE :-

Support :- First support for Nifty can be seen near close to the level 5350 and below this next support is marked near 5300.

Resistance :- First Resistance for Nifty can be seen close to the level of 5420 and above this next resistance is marked near 5530.

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NIFTY TECHNICAL LEVELS TODAY : Wednesday 25 may 2011

Market has recovered early gains after the fall in early part of series and has been consolidating in the range of 5380-5500 for the past couple of treading session. Today pre-opening session has started positive for the market and sensex is trading at 18435, up 424 points and Nifty is at 5422, up 27 points.

Following are some technical levels for Nifty Today :-

Support :- First support for Nifty can be seen near close to the level 5350 and below this next support is marked near 5230.

Resistance :- First Resistance for Nifty can be seen close to the level of 5440 and above this next resistance is marked near 5540. 

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NIFTY TREND TODAY 6th May

Markets were choppy for the most part of the day as investors stayed to the sidelines due to lack of direction, but heavy selling during the afternoon trades front liners- ICICI Bank, ITC,  HDFC Bank  and Bharti Airtel dragged the NSE benchmark index S&P CNX Nifty, down -77.30 points or -1.40 % at 5458.40.

NIFTY is near its bottom level in March, i.e.around 5360 and this can be a strong support.

The global markets are in red, but we started to fall early and may stop falling early- 

NIFTY SUPPORT AND RESISTANCE :-

RESISTANCE: It has first resistance close to the level of 5595 & above this level the next resistance is seen near the 5730 mark.

SUPPORT: It has first support close to the level of 5440 & below this level the next support is seen near 5350 mark.

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