STOCK MARKET OPENING LEVELS
Golden Investment Research (P) Limited
TODAY FEB 7, 2012 STOCK MARKET OPENING BELL !!!
Market may continue uptrend
The market may extend recent strong gains buoyed by strong foreign fund inflows. Trading of S&P CNX Nifty futures on the Singapore stock exchange indicates a gain of 27 points at the opening bell. Mahindra & Mahindra and GMR Infrastructure unveil Q3 results today, 7 February 2012.
WORLD MARKET DATA (Feb 7)
| Dow | -17.10 |
| Nasdaq | -3.67 |
| Nikkei | -15.76 |
| Hang Seng | +55.83 |
| SGX NIFTY | +25.50 |
NIFTY SPOT LEVEL (Feb 7) 5,361
| RESISTANCE 1 | 5,392 |
| RESISTANCE 2 | 5,422 |
| RESISTANCE 3 | 5,454 |
| SUPPORT 1 | 5,329 |
| SUPPORT 2 | 5,296 |
| SUPPORT 3 | 5,266 |
BANK NIFTY SPOT LEVEL (Feb 7) 10,269
| RESISTANCE 1 | 10,339 |
| RESISTANCE 2 | 10,409 |
| RESISTANCE 3 | 10,486 |
| SUPPORT 1 | 10,191 |
| SUPPORT 2 | 10,113 |
| SUPPORT 3 | 10,043 |
Buying demand and selling pressure make stock prices move up or down.Stock prices go up when there is more Buying Pressure and stock prices go down when there is more Selling Pressure. Level 3 Data real-time charting of buying demand and selling pressure is color coded to easily identify buy sell signals
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