Stocks|Nifty|Bank Nifty Tips : Updates Today

Nifty and Bank Nifty Tips and Updates for Today 4 July 2012

BANKNIFTYLEVELS: SUPP1: 10390 SUPP2: 10270, RES1: 10540 RES2: 10674. 

NIFTYSPOTLEVELS: SUPP1: 5142 SUPP2: 5035, RES1: 5340 RES2: 5385. 

Market Updates :-

• Debt Market Update: 10 year yield likely to move in the range of 8.13% - 8.17% level on Wednesday.
• UK’s construction index shrank at the fastest rate in 2.5 years in June, 2012 to 48.2 from 54.4 in May, 2012.
• US factory orders rose for the 1st time in 3 months in May, 2012 by 0.7% against a 0.7% drop in April, 2012.
• The IMF lowered US growth projections to 2% (vs 2.1% earlier) in CY12 and 2.25% (vs earlier 2.4%) in CY13.
• China’s slowdown dragged Hong Kong’s retail sales growth to 8.8% in May, 2012; the slowest pace since 2009.
• Government's procurement of wheat rose by 36% to a record 37.85 mn ton in the current marketing season so far.
• Nomura has lowered India's GDP growth projection for 2012 to 5.5% from 6.1%.
• As per sources, Educomp Solutions sacked 800-900 employees.
• Dishman Pharmaceuticals will scrap its 6 year old SEZ project and sell land near Ahmadabad for Rs6 bn.
• SBI waived minimum balance criteria for saving banks account.

Fill Free Trial form placed on left side of the blog.... all the very Best for Tomorrow's Trading Session that is on 5 July 2012 ..... Have a Happy Trade!!! :)

Day Trading Tips - Stock Quotes| Stocks to Buy

STOCKS TO BUY TODAY :-

BUY TITAN, BUY JM FINANCIAL, BUY J K TYRE ,BUY GVK POWER, BUY HOEC, BUY JAIN IRRIGATION, BUY EDUCOMP, BUY ORIENT PAPER,BUY RELIANCE CAPITAL, BUY S KUMARS

News Update:

• Manufacturing in US unexpectedly shrank in June, 2012 falling to 49.7; the 1st contraction since recession vs 53.5 in May,2012.
• Unemployment in the Euro area rose to 11.1% in May, 2012; the highest level in record, from 11% in April, 2012.
• India will launch the $40 billion second phase of its urban renewal mission JNNURM in about 4 months.
• India’s exports declined by 4.16% to $25.68 bn in May, 2012 against $26.79 bn in May, 2011.
• HSBC India PMI climbed to 55 in June2012 from 54.8 in May,2012
• JSPL is under the scanner for allegedly buying iron ore at below market rates depriving the Odisha government of royalty.
• ArvindLtd said workers at its Naroda facility in Ahmedabad have called off their over 3-week long strike.
• PratibhaIndustries bagged orders worth Rs14.91 bn in tunneling and building segments.
• Grasim Industries may suspend staple fiber production at its Nagda plant in M.P. from 3rd July, 2012 due to water shortage.

  Fill Free Trial form placed on left side of the blog.... all the very Best for Tomorrow's that is 4 July 2012 Trading Session..... Have a Happy Trade!!! :)

Stock Recommendations,Indian Stock Picks Today

STOCK MARKET TODAY | WORLD STOCK MARKET TODAY | LIVE STOCK MARKET, Upcoming IPO News & Analysis Today 2 July :-

Intraday Market today on the very first day of the new week, new month started with a flat note and its been 1 and a half hour till it opened and trading quiet now too. The market breath for today seems positive with advances at 814 against declines of 421 on NSE.

• BUY BHEL @ 233-234 SL: 229 TGTS: 240-241
• BUY NTPC @ 160.50-161 SL: 158 TGTS: 164-165
• BUY HDIL @ 88-88.50 SL:87 TGTS: 90-91
• BUY 3i Infotech Ltd. Intraday Target 11.5   Stop Loss 10.2
• BUY Satyam Computer Services Ltd. Intraday Target 80   Stop Loss 77.5
• BUY Jet Airways (India) Ltd. Intraday Target 401   Stop Loss 287.9
• BUY OnMobile Global Ltd. Intraday Target 36   Stop Loss 30.6

Fill Free Trial form placed on left side of the blog.... all the very Best for Tomorrow's Trading Session that is on 3 July 2012 ..... Have a Happy Trade!!! :)

Stock Market Updates and Tips Today

Today the Indian Stock Market open on a very firm note taking support of stable back global cues. The market condition from the chart (realtime) shows that it is positive with advances at 407 against declines of 107 on the NSE. further more News Updates and Stocks to Trade in Today are given below :-

News Updates :- 

• BHEL has bagged a Rs9.5 bn contract for supplying equipment for 1,020 MW hydel project in Bhutan
• SBI will recruit 10,500 employees during the current financial year to manage the growing business of the bank.
• ReliancePower first of 2 units of its 600-MW Butibori thermal power plant in Maharashtra have started generating electricity.
• Debt Market Update: 10 year yield likely to move in the range of 8.05% - 8.12% level on Wednesday.
• US consumer confidence fell to 62 in June, 2012; a 5 month low from 64.4 in May, 2012.
• The gap between demand and supply of urea is projected to rise to 11 mn tons by FY17 against current shortfall of 6 mn tons.

STOCKS TO BUY TODAY :-

BUY RELIANCE POWER,BUY JET AIRWAYS,BUY DISH TV,BUY ALLAHABAD BANK,BUY TATA GLOBAL,BUY STERLITE TECH, BUY SHREE RENUKA,BUY BALRAMPUR CHINI,BUY ONGC,BUY TATA POWER, BUY REC,BUY PTC,BUY MIRZA INTERNATIONAL,BUY AKSH OPTI,BUY MOUNT EVEREST MINERAL WATER,BUY VOLTAS, BUY DB CORP,BUY GATEWAY DISTRIPARKS,BUY BAJAJ HINDUSTAN,BUY PFC, BUY JAYPEE INFRA,BUY JP ASSOCIATES,BUY DHAMPUR SUGAR,BUY GATI BUY SHRIRAM TRANSPORT,SELL TATA MOTORS, BUY CAIRN INDIA,BUY SPICEJET,BUY TIMKEN INDIA,BUY REL INFRA