Saturday, 16 June 2012

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IN EQUITY COMMODITY AGRI  MARKET 


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Oil Edges Up Awaiting Greece Election Result


Oil prices edged up on Friday, in thin and choppy trade, supported by hopes Greece's upcoming election will not result in an exit from the Euro zone, while weak U.S. economic data limited gains.
Both Brent and U.S. crude posted weekly losses, though the U.S. slip was only 7 cents.
Friday's gains were hemmed in by separate reports showing U.S. manufacturing output contracted in May, while factory activity slowed in New York state in June and U.S. consumer sentiment fell.
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Market Outlook For Monday 17 June



NIFTY-OUTLOOK


   Trend: - Bullish
  Resistance: - 5200, 5280
  Support: - 5060, 4990
  Strategy: - Buy on Dips


BANK NIFTY-OUTLOOK


  Trend: - Bullish
  Resistance: - 10250, 10500
  Support: - 9800, 9550
  Strategy: - Buy on Dips


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World Stocks Rise on Concerted Bank Talk


World equity markets rose on Friday as investor fears of euro zone turmoil following Greek elections this weekend were offset by talk the world's major central banks stand ready to make a coordinated response to ease any market dislocation.
The euro rebounded and U.S. stocks shrugged off a new batch of weak factory data, while U.S. consumer sentiment fell in early June to a six-month low, according to a survey.
But anxiety that Greece could fail to form a government after Sunday's elections led investors to raise their safe-haven bond holdings, driving up U.S. government debt prices.
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Friday, 15 June 2012

Agri Tips, NCDEX Tips


SELL CHANA (JULY) BELOW 4135 


TG-4125/4110/4090 


SL-4151 


SELL SOYABEAN  (JULY) BELOW 3420


TG-3410/3390/3360 


SL-3435


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Agri Market Levels for 15/06/2012


CHANA (20 JULY)
TREND: CONSOLIDATE
RES 1: 4180
RES 2: 4265
SUPP 2: 4060
SUPP 2: 4000
STRATEGY: SELL ON HIGHS

SOYABEAN (20 JULY)
TREND: CONSOLIDATE
RES 1: 3445
RES 2: 3480
SUPP 2: 3340
SUPP 2: 3270
STRATEGY: SELL ON HIGHS

TURMERIC (20 JULY)
TREND: CONSOLIDATE
RES 1: 3730
RES 2: 3800
SUPP 2: 3610
SUPP 2: 3575
STRATEGY: SELL ON HIGHS

RMSEED (20 JULY)
TREND: CONSOLIDATE
RES 1: 3760
RES 2: 3800
SUPP 2: 3690
SUPP 2: 3620
STRATEGY: SELL ON HIGHS

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Commodity Tips


BUY COPPER (JUNE) ABOVE 415


TG-416.50/418.50/421 


SL-412.90 


BUY CRUDEOIL (JULY) ABOVE 4720


 TG-4735/4755/4770 


SL-4705
























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