STOCK MARKET OPENING LEVELS
Golden Investment Research (P) Limited
TODAY JAN 20, 2012 STOCK MARKET OPENING BELL !!!
Market seen firm on upbeat global cues; key Q3 earnings eyed
The market is geared for a higher start on positive global cues. Asian equities rose as solid euro zone sovereign debt sales boosted risk appetite. Trading of S&P CNX Nifty futures on the Singapore stock exchange indicates a gain of 32 points at the opening bell. Index heavyweight Reliance Industries (RIL) will be in action as the company's board meets today, 20 January 2012 to consider a proposal for buyback of equity shares along with Q3 December 2011 earnings. ITC, Axis Bank, Jet Airways (India), JSW Steel and Hindustan Zinc unveil Q3 results today, 20 January 2012.
WORLD MARKET DATA (Jan 20)
Dow | +45.03 |
Nasdaq | +18.62 |
Nikkei | + 115.03 |
Hang Seng | + 8.35 |
SGX NIFTY | +23.50 |
NIFTY SPOT LEVEL (JAN-20) 5,018
RESISTANCE 1 | 5,031 |
RESISTANCE 2 | 5,043 |
RESISTANCE 3 | 5,063 |
SUPPORT 1 | 4,998 |
SUPPORT 2 | 4,978 |
SUPPORT 3 | 4,966 |
BANK NIFTY SPOT LEVEL (JAN-20) 9,199
RESISTANCE 1 | 9,239 |
RESISTANCE 2 | 9,279 |
RESISTANCE 3 | 9,345 |
SUPPORT 1 | 9,133 |
SUPPORT 2 | 9,066 |
SUPPORT 3 | 9,027 |
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