Niftu Forecast for Tomorrow (31st March ’11)
Markets gained for the seventh straight day on the back of strong cues from European indices. A revival in foreign equity inflows helped buoy markets for the seventh straight day. The S&P CNX Nifty closed at 5787.65, up 51.30 points or +0.89 %.
The Nifty futures closed and settled finally at 5813.25, up by 61.80 points or 1.07 %. It is looking bullish in the coming trading session if it manages to trade above the resistance level of 5885 else below 5770 it would be in a downward trend.
RESISTANCE: It has first resistance close to the level of 5885 & above this level the next resistance is seen near the 5925 mark.
SUPPORT: It has first support close to the level of 5770 & below this level the next support is seen near 5695 mark.
Technical View on Bank Nifty (31st March ’11)
In banking, CNX Bank Index gained 136.10 points or 1.20 %. Amongst the banking stocks Jammu & Kashmir Bank, Punjab National Bank and State Bank of India lead the row.
Bank Nifty Futures shut stop at 11825 up 210.60 points or 1.81 %.It is looking bullish in the coming trading session if it manages to trade above the resistance level of 11785 else below 11695 it would be in a downward trend.
RESISTANCE: It has first resistance close to the level of 11785 above this level the next resistance is seen near to the level of 11956.
SUPPORT: It has first support close to the level of 11695 & below this level the next support is seen near 11590 marks.
5 Reasons why India will beat Pakistan in the Cricket World Cup Semi Final 2011
1. Having beaten Pakistan 4 times prior to this match India have their heads up and on the other hands Pakistan is still not sure why their performance against India fails every time in the world cup so they will play too cautiously and mount pressure on themselves. And in a match between India and Pakistan once a team starts feeling the pressure then they are out of the match.
2. If we have a look at Pakistan’s batsman batting then the highest score made by Misbah is 83 which means no century. If they have to chase a total in accesss of 250 then at least one batsman needs to stick there and make a century which seems hard to come by for Pakistan.
3. India’s batting is in top form and the top order is bound to fire in this crucial match. One century is definitely coming up from one of the top 3 batsman. So whether the century comes batting first or batting second the victory will be bound to come.
4. India have a better batting line up so they can even chase a total in access of 250 and if they are required to set up a total then the side batting second will have those scores eating there minds up which they made against the weaker teams of their group where they won just by some miraculous bowling by Afridi. (But no luck against India for Afridi as Indians play him very well)
5. Indians are playing on their home ground, in front of their home crowd so support is all on the side of India.
So to summarize I would say India are the favourites for the Semifinal and they will come up as winners in Punjab Cricket Stadium, Mohali.
Stock Tips for Tomorrow Stock Market (30th March '11)
Hot Stocks for Tomorrow
Tata Motors – Buy Above 1245, Look for the Targets of 1260, 1275.
Tata Coffee – Buy above 927, Look for the Targets of 936, 946.
Puravankara Projects Ltd. – Buy above 116, Look for Targets of 118, 121.
DLF – Buy Above 256, Look for the Targets of 259, 262.
Educomp Solutions Ltd.- Buy above 234, Look for the Targets of 239, 242.
Nifty Forecast for Tomorrow (30th March ’11)
The markets opened on a strong note today, as the Nifty scaled the 5750 mark for the first time in two months. An uptrend was observed through the day so far, with the nifty touching a peak of 5787.90 a little after noon, encouraged by positive global cues. The S&P CNX Nifty closed at 5736.35, up 49.10 points or +0.86 %.
The Nifty futures closed and settled finally at 5754.20, up by 54.55 points or 0.96 %. It is looking bullish in the coming trading session if it manages to trade above the resistance level of 5796 else below 5695 it would be in a downward trend.
RESISTANCE: It has first resistance close to the level of 5796 & above this level the next resistance is seen near the 5885 mark.
SUPPORT: It has first support close to the level of 5660 & below this level the next support is seen near 5570 mark.
Bank Nifty Tips for Tomorrow (30th March ’11)
In banking, CNX Bank Index gained 59.10 points or +0.51 %. Amongst the banking stocks Jammu & Kashmir Bank, Allahabad Bank and Yes Bank lead the row.
Bank Nifty Futures shut stop at 11602 up 42.70 points or +0.37%.It is looking bullish in the coming trading session if it manages to trade above the resistance level of 11700 else below 11520 it would be in a downward trend.
RESISTANCE: It has first resistance close to the level of 11700 above this level the next resistance is seen near to the level of 12050.
SUPPORT: It has first support close to the level of 11520 & below this level the next support is seen near 11330 marks.
Hot and Bullish Stocks for Tomorrow (29th March ’11)
Intraday Stocks to Buy Tomorrow
IVRCL Infrastructure & Projects Ltd. – Buy above 81. Look for the Targets of 83, 85.
Larsen & Toubro Ltd. – Buy above 1650. Look for the targets of 1662, 1678.
GVK Power & Infrastructure Ltd. – Buy above 26.50. Look for the targets of 27.50, 28.50.
Central Bank of India – Buy above 138.50. Look for the targets of 140, 142.
Nifty Forecast for Tomorrow(29th March ’11)
Asian stocks fell, the domestic markets opened on a soft note, with IT stocks weighing down on the bourses, after two consecutive sessions of gains the previous week. Shrugging off weak Asian cues, the domestic markets logged gains for the sixth consecutive day. The S&P CNX Nifty closed at 5687.25, up 33 points or +0.58 %.
The Nifty futures closed and settled finally at 5699.65, up by 18.95 points or 0.33 %. It is looking bullish in the coming trading session if it manages to trade above the resistance level of 5730 else below 5660 it would be in a downward trend.
RESISTANCE: It has first resistance close to the level of 5730 & above this level the next resistance is seen near the 5796 mark.
SUPPORT: It has first support close to the level of 5660 & below this level the next support is seen near 5570 mark.
Bank Nifty Futures Forecast for Tomorrow (29th March ’11)
In banking, CNX Bank Index gained 136.10 points or 1.20 %. Amongst the banking stocks IDBI, Dhanlaxmi Bank and Dena bank lead the row.
Bank Nifty Futures shut stop at 11430 up 306.25 points or 2.75 %.It is looking bullish in the coming trading session if it manages to trade above the resistance level of 11642 else below 11336 it would be in a downward trend.
RESISTANCE: It has first resistance close to the level of 11642 above this level the next resistance is seen near to the level of 11960.
SUPPORT: It has first support close to the level of 11336 & below this level the next support is seen near 11150 marks.
Commodity Tips for the Week (28th March - 1st April - 2011)
Gold:
The overall trend of gold is bullish, so i would suggest traders to buy on lower levels, if in the coming week gold sustains above 20700 then above 21100 it can test the level of 21350 and 21550.
Silver:
silver is technically strong on charts so i would suggest traders to take buy position if in the coming week if silver sustains above 55000 then above 56100 it can test the level of 56500 and 57000.
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