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02 JUNE 14

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MARKET GOSSIPS

S

FOURTH UMPIRE

Sensex ends mildly lower; Nifty breaks 7,250. L&T Q4 net up 70% at Rs 2,723 cr.; expects FY15 order intake to grow 20%. M&M posts Q4 profit at Rs 897 S cr. J&K Bank hits 20% lower circuit on NPA issues. Tata Motors Q4 profit at Rs 3918 crore.

MARKET POSITIONS INDEX

VALUE

Markets opened in red trajectory and strongly rebounded from resistance levels and dragged towards crucial support levels for the second consecutive session. Nifty future will be in correction mode till it sustains below 38.2% retracement i.e. 7250. Unfavorable GDP data may hit indices and on daily charts, if it sustains below 7200 mark then next key support is seen near 7140. Nifty needs to close above 7300 to again gain strength and move towards higher levels. TREND: SIDEWAYS SUPPORT : 7180 & 7130 RESISTANCE: 7270 & 7310

BIG BULLS ACTIVITY CHANGE

%

SENSEX

24217

-16.81

-0.07

NIFTY

7229

-5.70

-0.08

BANK NIFTY

14793

-273

-1.58

INDIA VIX

16.33

-0.36

-2.12

CATEGORY BUY

SELL

NET

FII

17271.93 14294.31 2977.62

DII

2218.21

2676.36

-458.15


A STEP AHEAD FUTURE SCRIPS

@

TARGETS

B/S BHARTIARTL RANBAXY

SL1

T1

T2

T3

350

354

356

358

451.50

455.50

457.50

459.50

B 352 B 453.50

CASH SCRIPS

@

TARGETS

B/S

SL1

T1

T2

T3

NMDC

S 168.40

170.30

166.70

165

163.40

PETRONET

B 156.25

154.75

157.75

159.30

160.90

R1

S1

S2

PIVOT TABLE SCRIPS

CLOSE

R2

RELIANCE FUT

1071.65

1130

1100

1050

1020

ONGC FUT

380.85

388

384

377

372

TATA STEEL FUT

475.45

485

480

470

465

SBI FUT

2559.10

2640

2600

2530

2500

INFY FUT

2955.95

3010

2980

2920

2880

FUTURES & OPTIONS DATA OPEN INTEREST

NIFTY

29-MAY-13

30-MAY-14

15391950

16696000

CHANGE IN OPEN INTEREST 1304050

SCRIPS IN F&O BAN FOR TRADE NIL.

% 8.47


DISCLAIMER

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Stock market news updated 02 jun 2014