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02 MAY 14

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MARKET GOSSIPS

s

FOURTH UMPIRE

Sensex ends mildly lower; realty, power drag. OBC Q4 net up 0.8% on other income but provisions jump 23%. IDBI Bank Q4 profit falls 6.5%. S Kotak Mah Bank Q4 profit falls 7%. Ranbaxy, Sun Pharma fall 2-3% as merger plans hit roadblock.

Markets were trapped by bears for the second consecutive session and dropped sharply towards the key support marks and again ended in red terrain. Nifty future breached 6700 mark and found support near 6680 level but managed to close above it. On daily charts if index closes below 6680 then there can be further correction where 6640 may act as important support. On other hand rebounding from support levels may drift nifty to move in the resistance range of 6800-6840. TREND: SIDEWAYS SUPPORT : 6680 & 6640 RESISTANCE: 6800 & 6840

MARKET POSITIONS INDEX

VALUE

BIG BULLS ACTIVITY CHANGE

%

SENSEX

22417

-48

-0.22

NIFTY

6696

-18

-0.28

BANK NIFTY

12855

-54

-0.42

INDIA VIX

30.59

-0.45

-1.47

CATEGORY BUY

SELL

NET

FII

4444.92

3990.44

454.48

DII

1329.06

1322.6

6.46


A STEP AHEAD FUTURE SCRIPS

@

TARGETS

B/S CAIRN

S 335.50

TITAN

S 254

SL1

T1

T2

T3

337.50

333.50

331.50

329.50

256

252

250

248

CASH SCRIPS

@

TARGETS

B/S

SL1

T1

T2

T3

TATAMOTORS

B 419

414.80

423.20

427.40

431.70

WIPRO

S 517

522.20

511.90

506.80

501.80

R1

S1

S2

PIVOT TABLE SCRIPS

CLOSE

R2

RELIANCE FUT

936.80

960

945

925

910

ONGC FUT

328.10

335

331

325

321

TATA STEEL FUT

403.65

413

408

398

392

SBI FUT

2075.60

2130

2100

2050

2020

INFY FUT

3161.80

3220

3190

3130

3100

FUTURES & OPTIONS DATA OPEN INTEREST

NIFTY

29-APR-13 12907650

30-APR-14 12960700

CHANGE IN OPEN INTEREST 53050

SCRIPS IN F&O BAN FOR TRADE NIL.

% 0.41


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Stock market technical news 02 may 2014