Friday, February 10, 2012

STOCK MARKET OPENING LEVELS


STOCK MARKET OPENING LEVELS
Golden Investment Research (P) Limited
TODAY FEB 10, 2012 STOCK MARKET OPENING BELL !!!
Market may open lower on weak Asian stocks; IIP data eyed
The market may open lower tracking weak Asian stocks. Trading of S&P CNX Nifty futures on the Singapore stock exchange indicates a fall of 18.80 points at the opening bell. DLF, Tata Power, BPCL, Reliance Communications (RCom), Britannia Industries, Sun TV Network, IDFC and Neyveli Lignite Corporation unveil Q3 results today, 10 February 2012. JSW Steel announces consolidated Q3 results today, 10 February 2012. The company has already announced its stand-alone results.
WORLD MARKET DATA  (Feb 10)
Dow
+6.51
Nasdaq
+11.37
Nikkei
-17.40
Hang Seng 
-50.63
SGX  NIFTY
-23.00


NIFTY SPOT LEVEL (Feb 10)  5,412
RESISTANCE 1
5,444
RESISTANCE 2
5,476
RESISTANCE 3
5,528
SUPPORT 1
5,359
SUPPORT 2
5,307
SUPPORT 3
5,275



BANK NIFTY SPOT LEVEL (Feb 10)   10,507
RESISTANCE 1
10,613
RESISTANCE 2
10,719
RESISTANCE 3
10,892
SUPPORT 1
10,334
SUPPORT 2
10,161
SUPPORT 3
10,055


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