Strong & Weak futures
This is list of 10 Strong Future Stocks
:Edu Comp,Strides arcolab, MPHASIS, Great Offshore, Indian Bk, Cummins india, AIA Eng., BOB, Hero honda & CAIRN.
And this is the list of 10 Weak stocks ;
Dena Bk, Alstom proj., Edelweiss Cap lt, Bongaigaon R, Oswal, NDTV, Hindalco, Chennai Petro, ABAN & Housing Dev.
Nifty is in Down Trend.
NIFTY FUTURES (F & O)
Above 4242 level, expect short covering up to 4276-4278 zone by
non-stop.
Support at 4213 level.
Below 4197-4199 zone, selling may continue up to 4163-4165 zone by
non-stop.
On Positive Side, rallies up to 4310-4312 zone can be used to sell. Stop Loss at 4344-4346 zone.
Short-Term Investors:
Reversal (Negative) is seen. Exit on rallies.
Short-Term Upward Target at 4378-4380 zone.
Short-Term Support at at 4129-4131 zone.
SUZLON ENERGY (NSE Cash):
Likely to Zoom. Technically it should go up.If crosses & sustains at above 221 level then uptrend may continue.
Support at 199 level. Should not be allowed to break at any cost.
AIA ENGINEERING FUTURES (NSE):
Likely to Zoom. Technically it should go up.If crosses & sustains at above 1561 level then uptrend may continue.
Support at 1517 level. Should not be allowed to break at any cost.
The Dow Jones Industrial Average closed at 11,715.18. Up by 212.67 points.
The Broader S&P 500 closed at 1,300.68. Up by 19.02 points.
The Nasdaq Composite Index closed at 2,411.64. Up by 29.18 points.
The partially convertible rupee <INR=IN> ended at 43.78/79 per dollar on yesterday, weaker than Wednesday's close of 43.71/72.
------Book Profits in CAPITAL GOODS Stocks
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Arvind Parekh
+ 91 98432 32381
