Showing posts with label nifty future. Show all posts
Showing posts with label nifty future. Show all posts

Market today

Market today in fully volatile trade up to 2pm it trading 40-50 on nifty around 4600 after 2.30 pm its sharp decline all over and basket selling in stock like hero moto,Larsen and leading large cap stock pull market down almost 250 point and lastly at closing market settle at -205 and nifty future close at 4566 at premium of 22 points.

Earlier i always warn investor here be cautious about taking fresh position ,value looking attractive but downtrend still continue in market and more pain ahead ,if you buy any stock just book profit at 10 % gain don't take long position now,as December closing near we expect slight uptrend due to short covering in stocks and nifty.

Tomorrow nifty may slip further downside and nifty can touch 4470 level ,i advise buy call of 4500 around this level with stop loss of 4435 for target of 4600 at expiry.

Still looking more downtrend in stock like Larsen,hero moto and bata india.

Rakesh jhunjhunwala going to sell its stake in apetch ,he is holding 32% stake in Aptech,he invited RPF company like Educomp,Niit,Teamlease and Manipal apply.

Market today

Market today trading in narrow range session very low volume in market some action seen in banking stock where selling continue in stock related to FDI issue like pantaloon,trent,v2 retail.
Sensex and Nifty trading around previous close by 100 point around of sense manage toclose at 16805 down 40 point where nifty future close at 5072 .


Major gainer in NSE are :
  1. Ashok Leyland                      +5.59
  2. Shriram Trans.Fi                    +5.34
  3. Aurobindo Pharma                 +4.16
  4. Adani Power Ltd.                  +4.10
  5. Sun TV Network Ltd.            +4.02
  6. JaiprakashAssociates             +2.82
  7. Axis Bank Ltd.                      +2.60
  8. Bharat Heavy Ele                  +2.23
  9. NTPC                                  +1.76
  10. Cairn India Ltd.                    +1.48
            Major looser are

   1.         Pantaloon Retail         -12.86
   2.         CESC Ltd.                    -4.30
   3.         United Phosphorus        -4.22
   4.        Indiabulls Real Esta       -4.19
   5.         JSW Steel                    -3.92

Market today

Today market is open on high note sensex and nifty zooming but still lower confidence in market cant support at highher level and profit booking at higher levels seen,afternoon announcement of inflation downward cant make some positive action in market and market close at positively.

Bse sensex open 16700 and nifty open around 5000 mark and at the end of session sensex close at 16483 gain of 360 point where nifty close around 4957 level.

Major gainers are ICICI Bank ,Hindalco Indus, steel Authority, Pantaloon Retail
Sterlite Indus,Tata Motors Ltd gained almost 6% each and looser today are
Idea Cellular Ltd,Bhel ltd, MphasiS Ltd, Asian Paints Ltd,IndiabullsFinService.