Friday, August 22, 2008

FII DATA

FII

22/08: -239.24 Cr. (Prov)

DII

22/08: 450.39 Cr. (Prov)

Headlines for the day

Corporate News Headline
Exide Industries would pump in Rs. 3 bn on expansion of its production capacity, besides entering new overseas markets with an aim to double its exports this fiscal. (BS)
Nagarjuna Construction bagged three orders worth Rs. 4.74 bn for development of sports facilities. (BS)
Welspun Gujarat Stahl Rohren decided to increase the capacity of its pipe plant by 75% to 1.75 MT to meet growing demand for oil pipelines. (ET)
Economic and Political Headline
Inflation surged to 12.63% for the week ended August 9 from 12.44% a week ago due to an increase of prices of food items like fruits, vegetables, and milk. (BS)
The government would bring iron ore producers and steel manufacturers to the negotiating table to ensure that the raw material is supplied at a reasonable cost. (BS)
The UK retail sales unexpectedly rose 0.8% in July as consumers shunned department stores in favour of discounted goods and snapped up mobile phones. (Bloomberg)

cash buy

Cash Market Intra-Day: GTLINFRA (NSE Cash CMP 41.35) expected to go down. But going up. Interesting and Buy with a Stop Loss of 40.35 level.

buy buy

NIFTY FUT: If uptrend continues then it will zoom up to 4384.20-4386.20 zone. Corrections up to 4293.25 can be used to buy. SL at 4258.80 level.

nifty buy buy

NIFTY FUT: If uptrend continues then it will zoom up to 4384.20-4386.20 zone. Corrections up to 4293.25 can be used to buy. SL at 4258.80 level.
With Warm Regards
Arvind Parekh
AVP - Coimbatore Online
Phone:+91 98432 32381

Sent on my BlackBerry® from Vodafone Essar

cash market


Cash Market Intra-Day: IFCI (NSE Cash CMP 45.70) expected to go down. But going up. Interesting and Buy with a Stop Loss of 44.70 level

poisitional traders



JUST IN CASE IF NIFTY spot TRADES ABOVE 4305,COVER ALL SHORTS,PUTS.EACH AND EVERY POSITION SHOULD BE CLOSED TODAY ITSELF.

ONLY POSITIONAL TRADERS

BOOK PROFITS IN RINFRA.HOLD RELIANCE,ITC,BANKINDIA,RPL ,SAIL,NIFTY SHORTS.
SHORT SUZLON TGT 218,214.
SHORT RCAP IF TRADES BELOW 1210,TGT 1190,1130.

buy index


NIFTY FUT: Buy with a Stop Loss of 4258.80 level. Target at 4332.50-4334.50 zone.

buy index


NIFTY FUT: Buy with a Stop Loss of 4258.80 level. Target at 4332.50-4334.50 zone.

CASH MARKET


Cash Market Intra-Day: RNRL (NSE Cash CMP 93.35) expected to go down. Sell with a Stop Loss of 94.35 level.

CASH MARKET


Cash Market Intra-Day: RNRL (NSE Cash CMP 93.35) expected to go down. Sell with a Stop Loss of 94.35 level.

NIFTY FUTURES (F & O)
Hurdle at 4315 level. Above this level, expect relief rally up to 4367-4369
zone by non-stop.
Support at 4261 & 4277 levels.
Do remember that, 4207-4209 zone should not be allowed to break at any cost.
On Positive Side, rallies up to 4419-4421 zone can be used to sell. But Stop Loss is too far on upper side and can be place at 4505-4507 zone.
Short-Term Investors:
Reversal (Negative) is seen. Exit on rallies.
Short-Term Upward Target at 4557-4559 zone.
Short-Term Support at at 4155-4157 zone.
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HDFC BANK (NSE Cash):Book Profits in this scrip. Yesterday's fall might be false signal and have caution.
Hurdle at 1253 level. Supply expected at around this level. This supply should get absorbed too.
Support at 1156 level.Should not be allowed to break at any cost.
NTPC FUTURES (NSE): Book Profits in this scrip. Yesterday's fall might be false signal and have caution.
Hurdle at 188 level. Supply expected at around this level. This supply should get absorbed too.
Support at 167 level.Should not be allowed to break at any cost.
------
The Dow Jones Industrial Average closed at 11,430.21. Up by 12.78 points.
The Broader S&P 500 closed at 1,277.72. Up by 3.18 points.
The Nasdaq Composite Index closed at 2,380.38. Down by 8.70 points.
The partially convertible rupee ended at 43.51/52 per dollar on yesterday, stronger than Wednesday's close of 43.70/72.
----

NIFTY FUTURES (F & O)
Hurdle at 4315 level. Above this level, expect relief rally up to 4367-4369
zone by non-stop.
Support at 4261 & 4277 levels.
Do remember that, 4207-4209 zone should not be allowed to break at any cost.
On Positive Side, rallies up to 4419-4421 zone can be used to sell. But Stop Loss is too far on upper side and can be place at 4505-4507 zone.
Short-Term Investors:
Reversal (Negative) is seen. Exit on rallies.
Short-Term Upward Target at 4557-4559 zone.
Short-Term Support at at 4155-4157 zone.
---------
HDFC BANK (NSE Cash):Book Profits in this scrip. Yesterday's fall might be false signal and have caution.
Hurdle at 1253 level. Supply expected at around this level. This supply should get absorbed too.
Support at 1156 level.Should not be allowed to break at any cost.
NTPC FUTURES (NSE): Book Profits in this scrip. Yesterday's fall might be false signal and have caution.
Hurdle at 188 level. Supply expected at around this level. This supply should get absorbed too.
Support at 167 level.Should not be allowed to break at any cost.
------
The Dow Jones Industrial Average closed at 11,430.21. Up by 12.78 points.
The Broader S&P 500 closed at 1,277.72. Up by 3.18 points.
The Nasdaq Composite Index closed at 2,380.38. Down by 8.70 points.
The partially convertible rupee ended at 43.51/52 per dollar on yesterday, stronger than Wednesday's close of 43.70/72.
----

OUTLOOK FOR TODAY 22ND AUG

NIFTY FUTURES (F & O)

Hurdle at 4315 level. Above this level, expect relief rally up to 4367-4369

zone by non-stop.

Support at 4261 & 4277 levels.

Do remember that, 4207-4209 zone should not be allowed to break at any cost.

On Positive Side, rallies up to 4419-4421

zone can be used to sell. But Stop Loss is too far on upper side and can be place at 4505-4507 zone.

Short-Term Investors:

Reversal (Negative) is seen. Exit on rallies.

Short-Term Upward Target at 4557-4559 zone.

Short-Term Support at at 4155-4157 zone.
---------

HDFC BANK (NSE Cash):

Book Profits in this scrip. Yesterday's fall might be false signal and have caution.

Hurdle at 1253 level. Supply expected at around this level. This supply should get absorbed too.

Support at 1156 level.

Should not be allowed to break at any cost.

NTPC FUTURES (NSE): Book Profits in this scrip. Yesterday's fall might be false signal and have caution.

Hurdle at 188 level. Supply expected at around this level. This supply should get absorbed too.

Support at 167 level.

Should not be allowed to break at any cost.

------

The Dow Jones Industrial Average closed at 11,430.21. Up by 12.78 points.

The Broader S&P 500 closed at 1,277.72. Up by 3.18 points.

The Nasdaq Composite Index closed at 2,380.38. Down by 8.70 points.

The partially convertible rupee <INR=IN> ended at 43.51/52 per dollar on yesterday, stronger than Wednesday's close of 43.70/72.

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