On June 1, the Indian stock market saw positive movement, with the Nifty index closing above the significant resistance level of 8400 amid a gain of over 1% at the start of the June F&O expiry series. Key stocks like UPL and Bharat Forge gained traction while Auro Pharma surged 6% after announcing a bonus issue. The market appears to be in a sideways trend, facing potential resistance between 8500 and 8530, with support levels at 8410 and 8370.

1. 01 JUNE 15
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2. S
S
INDEX VALUE CHANGE %
SENSEX 27828 321 1.17
NIFTY 8433 114 1.38
BANK NIFTY 18721 272 1.48
INDIA VIX 16.65 -0.48 -2.77
CATEGORY BUY SELL NET
FII 24676.01 22391.71 2284.3
DII 3198.78 5466.66 -2267.88
BIG BULLS ACTIVITY
MARKET GOSSIPS FOURTH UMPIRE
Markets started the June F&O Expiry
series with a bang and extended the
rally so made in the last half of
previous session and finally ended
the session strong with gain of
around 1.25%. Nifty future crossed
the important resistance mark of
8400 and closed above the 100 day
EMA of 8450. As nifty is running in
sideways trend in short term so next
resistance range to be faced is 8500-
8530. However, if reversals occur at
such crucial points then 8370 may
act as intraday support.
TREND: SIDEWAYS
SUPPORT : 8410 & 8370
RESISTANCE: 8520 & 8560
MARKET POSITIONS
Market gains more than 1% on
first day of June F&O series.
Stocks included in MSCI India
Index were in limelight; UPL,
Bharat Forge gains.
Auro Pharma gains 6% after
announcing 1:1 bonus.
M&M Q4 net profit decline by
39% stood at Rs 586 crore.
BPCL hits fresh high on the back
of strong Q4 number.

3. SCRIPS @ TARGETS
B/S SL1 T1 T2 T3
AXISBANK B 599 595 603 607 611
BIOCON B 456.50 452.50 460.50 464.50 468.50
SCRIPS @ TARGETS
B/S SL1 T1 T2 T3
INDUSINDBK B 881.25 872.25 890.10 899 908
TATASPONGE S 568 573.70 562.40 556.90 551.40
SCRIPS CLOSE R2 R1 S1 S2
RELIANCE FUT 883.85 960 920 840 800
ONGC FUT 331.15 339 335 327 323
TATA STEEL FUT 330.90 338 334 327 322
SBI FUT 280.15 287 283 277 273
INFY FUT 2007.80 2090 2050 1960 1920
NIL.
OPEN INTEREST 28-MAY-15 29-MAY-15 CHANGE IN OPEN
INTEREST
%
NIFTY 12973375 15851025 2877650 22.18
FUTURE
CASH
PIVOT TABLE
FUTURES & OPTIONS DATA
SCRIPS IN F&O BAN FOR TRADE
A STEP AHEAD

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