Stock Market Prediction For 22 May
Stock Market Prediction For 22 May
Stock Market Prediction For 22 May
22 MAY 2012
MARKET WRAP
Nikkei put on 0.3% @ 22.58 pts, SSE Composite Index also up by 3.78 pts. Nifty ended moderately up gaining 14.6 pts, Sensex ended up 30.51 pts. Dow Jones Ind. Avg slips 73.11pts, Nasdaq also losing 34.90 pts. The BSE Sensex and NSE Nifty closed flat on Monday after shedding all gains in late trade due to sharp record fall in rupee and erasing somewhat gains by European markets. MSCI's broadest index of Asia-Pacific shares outside Japan rose 0.5 percent, buoyed by its technology sector which by far outperformed its peers with a 1.3% gain.
MARKET PERFORMANCE
NIFTY GAINERS
COMPANY NAME Tata Power Bank Of Baroda Reliance Infra Maruti Suzuki SBI CURRENT 95.65 666.35 453.80 1208.80 2009.50 PREV. CLOSE(RS) 90.90 639.90 436.80 1166.65 1940.55 CANG.(RS) 4.75 26.45 17.00 42.15 68.95 CHAG.(%) 5.23 4.13 3.89 3.61 3.55
NIFTY LOSERS
COMPANY NAME Wipro ITC Infosys Hindustan Unilever ACC CURRENT 383.20 234.85 2340.45 426.20 1145.10 PREV. CLOSE(RS) 391.25 239.55 2382.85 432.05 1159.90 CANG.(RS) -8.05 -4.70 -42.40 -5.85 -14.80 CHAG.(%) -2.06 -1.96 -1.78 -1.35 -1.28
SECTORIAL INDICES
INDEX
S&P CNX NIFTY CNX NIFTY JUNIOR CNX IT BANK NIFTY CNX 100 S&P CNX DEFTY S&P CNX 500 CNX MIDCAP NIFTY MIDCAP 50
P.CLOSE
4,891.45 9,477.55 5,865.45 9,310.25 4,789.65 3,101.05 3,889.05 6,867.30 1,977.95
OPEN
4,888.50 9,482.55 5,865.20 9,299.90 4,787.60 3,105.75 3,887.70 6,871.00 1,980.25
HIGH
4,937.50 9,611.35 5,875.30 9,478.95 4,837.85 3,135.45 3,926.85 6,944.70 2,005.15
LOW
4,888.50 9,481.00 5,773.50 9,299.90 4,787.60 3,090.60 3,887.70 6,871.00 1,980.25
LAST
4,906.05 9,555.60 5,796.55 9,412.00 4,807.75 3,100.00 3,904.45 6,903.25 1,992.45
% CHANGE
0.30 0.82 -1.17 1.09 0.38 -0.03 0.40 0.52 0.73
TECHNICAL VIEW
NIFTY DAILY PIVOT
INDICES NIFTY R4 5057 R3 5008 R2 4959 R1 4933 P 4910 S1 4884 S2 4861 S3 4812 S4 4763
OUTLOOK
Trend: - Consolidate Resistance: - 4970 5050 0, Support: - 4830, 4 4750 Strategy: - Buy on Dips
NIFTY DAILY
OUTLOOK
Trend: - Consolidate Resistance: - 9500 9700 0, Support: - 9100, 8 8900 Strategy: - Sell on High BANK NIFTY DAILY
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