stock view!!!

JP associate
If stocks sustain above 64 in first few hours then the stock can reach the price
level of 67.

Sterlite
Pullback can be seen in this stock tomorrow as there was good support at lower level in this stock.
The level was support by good volume as well.

Jsw Steel
THe pullback in the stock today lacked supportive volume so wont be expecting the rise in the stock.
downside target of 550-560 is yet open.

Nifty analysis!!!!

Nifty today had a  gap up.. opening at 4777.
The market today turned positive after expectation of RBI rates cuts and good Monsoon season.
Market closed at 4858 the level which it is sustaing for many days.
MACD and ROC are showing a positive movement.
Tomorrow market can have a flat closing with sideways movement.

Stock view!!

ICICI bank
Gap up opening downside was seen in the stock on 31st may.
Daily chart is showing a negative trend, but hourly chart is showing positive sign.
If stock sustains the level of 775 then there can be some positive movement otherwise the stock seems to
move downside in coming days.

Castrol India
the stock is now at the level of 200 MA.
Some support can be seen in this stock in coming days.
Good volume will give a positive for the upside movement if seen any.

JSW steel.
Failing to sustain the upside movement.
level of 550-560 can be seen in coming days.

Mind tree
stock is trading between the range of triangle formation.
breaking of the range will direct towards the next movement.
range of 610-640 is crucial.

Hindalco
Upside trend can be seen in coming days in the stock.
The stock has sustain the level of 110-115 with good volume.
level of 135 can be seen after closing above 137.

Nifty Analysis!!!

If u look at the chart the ROC and MACD havnt broke the horizontal line 15-20 days.
On weekly basis the chart is taking support at 200 MA of 4822.
Price is forming into a Expanded triangle formation.
if nifty sustain the level of 4822 then a positive movement can be seen.

If we look at the current senario of GLobal Market there is no news that can pull the market up.
Negative data of US, China and Euro COuntries have surrounded the market.
Techinically if current level are supportive but if market fails to sustain then range of 4700-4600
can be seen.