STOCK MARKET OPENING LEVELS
Golden Investment Research (P) Limited
TODAY JAN 18, 2012 STOCK MARKET OPENING BELL !!!
Market seen halting three-day gains on subdued Asian equities
The market is likely to open slightly lower on Wednesday after logging gains in prior three trading sessions. Asian markets were trading mixed. Trading of S&P CNX Nifty futures on the Singapore stock exchange indicates a fall of 11 points at the opening bell. Jindal Steel & Power's Q3 December 2011 quarterly results due today, 18 January 2012 will be closely watched.
WORLD MARKET DATA (Jan 18)
| Dow | +60.01 |
| Nasdaq | +17.41 |
| Nikkei | +14.59 |
| Hang Seng | +51.33 |
| SGX NIFTY | -7.50 |
NIFTY SPOT LEVEL (JAN-18) 4,967
| RESISTANCE 1 | 4,993 |
| RESISTANCE 2 | 5,020 |
| RESISTANCE 3 | 5,065 |
| SUPPORT 1 | 4,922 |
| SUPPORT 2 | 4,877 |
| SUPPORT 3 | 4,850 |
BANK NIFTY SPOT LEVEL (JAN-18) 9,056
| RESISTANCE 1 | 9,110 |
| RESISTANCE 2 | 9,163 |
| RESISTANCE 3 | 9,212 |
| SUPPORT 1 | 9,007 |
| SUPPORT 2 | 8,958 |
| SUPPORT 3 | 8,904 |
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