Share Market update for today 28 Dec

During the last one hour, some buying and short covering coming in ahead of expiry, cutting the overall losses,The main 30-share BSE index closed down 146.10 points at 15,727.85, with 18 of its components declining. The benchmark, which fell 0.6 percent on Tuesday, opened relatively flat and dipped as much as 1.3 percent on the day.
Banking sector is under pressure because of concerns over asset quality, while the credit growth is lower.
Jindal Steel and Power (JNSP.NS) was the top loser, shedding more than 7.1 percent

STOCKS That shows some movement today:

* Adani Power
* Tata Power
* Exide Industries
* Apollo Tyres
* Bharat Forge

Nifty Updates for Today, Share Market Updates for Today

NIFTY SPOT LEVELS for Today

SUPP 1: 4735
SUPP 2: 4668
RES 1: 4840
RES 2: 4910

BANK NIFTY LEVELS for Today

SUPP 1: 8240
SUPP 2: 8085
RES 1: 8462
RES 2: 8575

The Sensex fell more than 50 points in the afternoon trade amid volatility, dragged down by index heavyweights Reliance, TCS and SBI. ICICI Bank, ONGC and Bharti Airtel too were under pressure. The index was down 62 points at 15,909.02 while the Nifty fell 21.4 points to 4,757.60.

Among largecaps, shares of DLF, Cipla, Coal India, Tata Motors, Jaiprakash Associates, Power Grid Corp, Axis Bank and IDFC topped the selling list, falling 2-3%.

Index heavyweights Reliance Industries, TCS, ONGC, Infosys, ICICI Bank, BHEL, Bharti Airtel and State Bank of India declined 0.4-0.8%.

Market on a Higher node Today:Sensex up over 200 points

The Indian markets remained positive on support coming in from buying in majorly in sectors like technology, capital goods, metal, realty and oil & gas. Heavyweights like Infosys, RIL, Bharti Airtel, TCS, HDFC Bank, L&T and ICICI Bank led the markets higher. The Sensex and the Nifty were trading around 15970 and 4775 levels respectively. The market breadth was strong.

All the 13 sector are trading higher, except BSE HC down by 0.12%. The top most gainers were BSE TECH up by 2.03%, BSE IT up by 1.82% and BSE CG up by 1.24%.

Among 30 Sensex stocks 26 were in green, Gainers - Bharti Airtel gained by 3.78%, Hero Motocorp gained by 3.32% and Tata Steel gained by 2.85%. Losers - Cipla down by 0.48%, Hindalco down by 0.29% and ONGC down by 0.02%.

Commodity Trends for Today 22 DEC

#GOLD (FEB):TREND Consolidate R2 28300 R1 28050 S1 27600 S2 27350 STRATEGY Buy on Lower Levels

#SILVER (MAR):TREND Consolidate R2 55900 R1 54900 S1 52100 S2 50900 STRATEGY Buy on Lower Levels

#ZINC (DEC):TREND Consolidate R2 102.90 R1 100.20 S1 96.50 S2 94.10 STRATEGY Sell on higher Levels

#NICKEL (DEC):TREND Consolidate R2 1075 R1 1040 S1 940 S2 890 STRATEGY Buy on Lower Levels

Rupee Hits new record Low, Weakness is seen for more days

The rupee touched a record low for the second day in a row on Tuesday as both foreign and domestic investors snapped up dollars to reduce exposure to India's cooling economy.
The currency has lost 4.8 percent of its value against the dollar in the last four weeks and 16 percent so far this year.
Investors took fright on Monday when government data showed India's industrial production fell 5.1 percent in October, the first monthly fall in more two years and far more than expected.

Read More...

Commodity Tips for today 12 Dec

FREE COMMODITY TIPS FOR TODAY 12 Dec, MCX COMMODITY TIPS 12 Dec:

Crude : MCX Dec Sell below 5195 . SL 5217 . TGT 5173 , 5163

BUY NICKEL 956 SL 948.9 TARGET 968 982

BUY COPPER 406 SL 403.8 TGT 409 412

BUY ALUMINIUM 107 SL 106.45 TGT 108.2

BUY LEAD 110.6 SL 109.9 TGT 111.8 113

Read More...

Commodity Tips for Today

#SILVER (MAR):TREND Consolidate R2 57900 R1 57550 S1 56800 S2 56000 STRATEGY Buy on lower levels

#COPPER (FEB):TREND Consolidate R2 416 R1 412 S1 405 S2 403 STRATEGY Buy on lower levels

#MUSTARDSEED (JAN):TREND Consolidate R2 3400 R1 3330 S1 3210 S2 3150 STRATEGY Sell on higher Levels

#TURMERIC (DEC):TREND Bearish R2 4760 R1 4670 S1 4490 S2 4400 STRATEGY Sell on higher Levels

READ MORE

Commodity Tips for Today 2 Dec

Commodity Tips for Today 2 Dec, Intraday Commodity Tips for 2 Dec, Gold tips for 2 Dec:

MCX Gold is trading above Rs. 28,900 and MCX Silver is trading near at Rs. 55,700. We assume that MCX Gold, Silver, Copper, Crude all are trading at higher price today. All base metals are trading flat today.

Advance Call Silver MINI : MCX Feb Buy above 57579 . SL 57304 . TGT 57819 , 57921 , 58070

Sugar M 200 : NCDEX Dec Buy above 3000 . SL 2977 . TGT 3023 , 3046 .

READ MORE....

Nifty Tips for Today

NIFTY SPOT LEVELS SUPP 1: 4733 SUPP 2: 4695 RES 1: 4866 RES 2: 4942

BANK NIFTY LEVELS SUPP 1: 8416 SUPP 2: 8350 RES 1: 8715 RES 2: 8848