Wednesday, January 25, 2012

NIFTY RESISTANCE AND SUPPORT LEVELS (JAN -25)

STOCK MARKET OPENING LEVELS

Golden Investment Research (P) Limited

TODAY JAN 25, 2012 STOCK MARKET OPENING BELL !!!

Market may extend recent gains on firm Asian stocks; Cairn India in focus

The market may extend recent gains on firm Asian stocks. Trading of S&P CNX Nifty futures on the Singapore stock exchange indicates a gain of 37 points at the opening bell. High volatility is expected on the bourses today as traders roll over positions in futures & options (F&O) segment from the near-month January 2012 series to February 2012 series. The near-month January 2012 F&O contracts expire today, 25 January 2012. The stock market remains closed on Thursday, 26 January 2012, on account of Republic Day.

WORLD MARKET DATA  (Jan 25)

Dow
-33.07
Nasdaq
+2.47
Nikkei
+84.89
Hang Seng 
+167.42
SGX  NIFTY
+39.50



NIFTY SPOT LEVEL (JAN-25)  5,127

RESISTANCE 1
5,162
RESISTANCE 2
5,197
RESISTANCE 3
5,253
SUPPORT 1
5,071
SUPPORT 2
5,014
SUPPORT 3
4,979




BANK NIFTY SPOT LEVEL (JAN-25)   9,834

RESISTANCE 1
9,994
RESISTANCE 2
10,154
RESISTANCE 3
10,422
SUPPORT 1
9,565
SUPPORT 2
9,296
SUPPORT 3
9,136




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