Friday, June 15, 2012

Indian Stock Market Trend & Tips For Monday, 18th June 2012

Indian Stock Market Trend : Experts believes that Indian Stock Market is likey to remain choppy on Monday Today Indian Stock market closed with a positive note with all sectorial indices closing in green. The Sensex ends up at 16936 up 258 points from the previous close and Nifty shuts up at 5 134 up 80 points from the previous close. The CNX Midcap index was up from 0.8% while BSE Smallcap index gained 0.5%. The market sentiments were positive today with advances at 804 against declines of 583 on the Nse. Among the top Nifty gainers were Ambuja Cements, Grasim, ACC while the Biggest Nifty gainers were NTPC, Bank of Baroda and Sail.
Intraday Support & Resistance For Monday
ACC (Trend - Bullish)
S2- 1180.10, S1 – 1201.60, PP – 1216.60, R1 – 1238.10, R2 – 1253.10
Ambuja Cements (Trend - Bullish)
S2- 161.00, S1 – 165, PP – 167.50, R1 – 171.50, R2 – 174.00
BHEL (Trend – Bearish)
S2 – 213.20, S1 – 215.85, PP – 217.75, R1 – 220.40, R2 – 222.30

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