MARKET COMMENTARY 4 JULY 2012

Topic :- Time:- 3:30 Pm 

Closing Bell

NIFTY SPOT UP 11 @ 5299

SENSEX UP 28 @ 17453

BANK NIFTY FUTURES UP 42 @ 10530

Topic :- Time:- 2:30 Pm 

Equity Corner:-

The Native indian industry is looking unpredictable at this time and has shifted back again up towards the good part. Oil & gas, technological innovation and FMCG all looking poor while Materials, financial institutions and cars are offering that bit of strength. Sensex is on 17445, in the good by 14 factors since its past near, while Great is on 5296, in the good by 8 factors. CNX Midcap catalog is up 0.3% and BSE Smallcap catalog is up 0.6%. The industry depth is good with developments at 870 against decreases of 554 on the NSE.

Subject :- Time: 2:00 Pm

NATURALGAS VIEW:

NATURALGAS is dealing at 159.80 stage. If NATURALGAS controls to business and maintain above 162 stage then it is likely to demonstrate some more upmove and if it smashes and business below 158 stage then some revenue arranging can adhere to in it. 

Topic :- Time:- 1:30 Pm 

Equity Corner:-

Europe started out in red. Great identify if controls to business and maintain above 5285 then Great is likely to demonstrate some upmove and if it smashes and business below 5250 then some revenue arranging can adhere to in the marketplace. The industry depth is good with developments at 807 against decreases of 578 on the NSE.  

Commodity Corner:- 

LME STOCKS:

ALUMINIUM: -6850 MT

ZINC: -1450 MT

NICKEL: -186 MT

LEAD: +50 MT

COPPER: -1650 MT

Topic :- Time:- 1:00 Pm 

Commodity Corner:

NICKEL VIEW:

NICKEL is dealing at 943.70 stage. If NICKEL controls to business and maintain above 947 stage then it is likely to demonstrate some more upmove and if it smashes and business below 930 stage then some revenue arranging can adhere to in it. 

Topic :- Time:- 12:30 PM 

Equity Corner:-

Nifty is dealing smooth. No activity in the marketplace as such. Do business with health care and publication appropriate revenue. Great identify if controls to business and maintain above 5285 then some more upmove can adhere to in the marketplace and if it smashes and business below 5250 then some revenue arranging can be seen in the marketplace. The industry depth is good with developments at 845 against decreases of 530 on the NSE.  

Topic :- Time:- 12:00 PM 

Commodity Corner:

CRUDE  VIEW:

CRUDE is dealing at 4762 stage. If CRUDE controls to business and maintain above 4785 stage then it is likely to demonstrate some more upmove and if it smashes and business below 4750 stage then some revenue arranging can adhere to in it.  

Topic :- Time:- 11:30 Am 

News WarpUp:-

1. Rupee down 23 paise to 54.61/dollar.

2. Government programs Rs2K cr finance in pharmaceutical industry.

3. Zync International releases 3G product PC at Rs 11,990.

4. BSNL releases 3G wallet hub.

5. TDSAT gives observe to DoT on Aircels request for more array.

6. RINL IPO may go forward despite conduite request to delay it.

7. RPower could reduce Rs 300 cr financial institution assurance in contract price row.

8. CCI enforces Rs 8-cr charge on people of Quick Way Team.

9. SAIL, Kobe to close pact for Rs 1,500-cr flower next 7 days.

10. Birmingham Combined information for IPO of up to $100 mn. 

Topic :- Time:- 11:00 Am 

Equity Corner:-

Nifty is dealing smooth at 5294.25. 07 factors above its starting stage. Great identify if controls to business and maintain above 5305 then some more upmove can adhere to in the marketplace and if it smashes and business below 5285 then some revenue arranging can be seen in the marketplace. The industry depth is good with developments at 915 against decreases of 417 on the NSE. 

Topic :- Time: 10:30 Am 

Commodity Corner:

GOLD VIEW:

GOLD is dealing at 29545 stage. If GOLD controls to business and maintain above 29600 stage then it is likely to demonstrate some more upmove and if it smashes and business below 29430 stage then some revenue arranging can adhere to in it. 

Topic :- Time:- 10:10 Am 

Equity Corner:-

NIFTY Spot CMP: - 5298.90.

After a basic begin, the industry is dealing smooth though with a good tendency. 

5285(spot) will act as a Slight Assistance now. If NIFTY identify controls to business and maintain above 5285 stages then some up shift can adhere to until 5320-5350. 5350(spot) now will act as a Significant Level of resistance. Only above 5350(spot) we can see some clean purchasing in industry along with some brief protecting which can take nifty to further greater until 5380-5415-5450 stages soon in near phrase.

Else if NIFTY identify crack and isn't able to maintain above 5285 stage then some revenue arranging can adhere to until 5250-5220. Below 5220(spot) we can see some clean and anxiety promoting stress which can take nifty to further reduced until 5185-5150-5120 stages soon.

The industry depth is good with developments at 854 against decreases of 352 on the NSE. 

Topic :- Time:- 9:45 Am 

Commodity Corner:-

OPENING EXPECTATIONS:

GOLD EXPECTED TO OPEN BEARISH.

SILVER EXPECTED TO OPEN BEARISH.

COPPER EXPECTED TO OPEN BEARISH.

CRUDEOIL EXPECTED TO OPEN BULLISH.

NATURALGAS EXPECTED TO OPEN BULLISH. 

Topic :- Time:- 9:45 Am

The opening is set to be positive. Overseas markets have sustained last week’s ascent.US stocks rallied on the back of upbeat auto sales and encouraging report on factory orders.

After a bombastic Friday, things have been rather silent in the past couple of sessions, as market participants waited for the next big thing to come. Wall Street will be shut on Wednesday for the Independence Day holiday. European indices also extended recent gains. Asian markets are mostly steady.