Monday, August 25, 2008

FII DATA

FII25/08: 62.92 Cr. (Prov)

DII25/08: 96.26 Cr. (Prov)

Headlines for the day
Corporate News Headline

Era Infra Engineering bagged a Rs. 1.11 bn contract for upgradation, renovation, and new construction for Commonwealth Games 2010 in the city-based J N Stadium Sports Complex. (BS)
Thermax decided to set up a new Rs. 5 bn manufacturing plant for large boilers of capacity 100 MW to 800 MW for power plants. (ET)
JK Lakshmi is embarking on an expansion plan to set up five ready-mix concrete plants, which could entail an investment of up to Rs. 10 bn by the end of this fiscal. (BS)

Economic and Political Headline
India has set an ambition of achieving USD 660 bn merchandise exports by 2015, maintaining an annual growth rate of at least 23%. (ET)
The Centre asked steel producers to cut prices as and when there was further fall of rates in the global markets. (ET)
The UK gross domestic product was flat at 1.4% to the quarter in April-June, as construction fell, the decline in production accelerated, and growth in the service sector softened. (WSJ)


Strong & Weak futures
This is list of 10 Strong Future Stocks:
Polaris, Indian bk, Ansal prop, Bata, Cummins, Aptech, Bongaigaon, Rolta, Strides arcolab & AIA Eng.
And this is the list of 10 Weak stocks ;
Bajaj auto, Housing dev, Aban, NDTV, Gitanjali gems, indn hotels, cnx100, Tisco, I-Flex &Bombay dyein.
Nifty is in Down Trend.
FII DATA
FII
25/08: 62.92 Cr. (Prov)
DII
25/08: 96.26 Cr. (Prov)
 
Headlines for the day
    Corporate News Headline
    Era Infra Engineering bagged a Rs. 1.11 bn contract for upgradation, renovation, and new construction for Commonwealth Games 2010 in the city-based J N Stadium Sports Complex. (BS)
    Thermax decided to set up a new Rs. 5 bn manufacturing plant for large boilers of capacity 100 MW to 800 MW for power plants. (ET)
    JK Lakshmi is embarking on an expansion plan to set up five ready-mix concrete plants, which could entail an investment of up to Rs. 10 bn by the end of this fiscal. (BS)
    Economic and Political Headline
    India has set an ambition of achieving USD 660 bn merchandise exports by 2015, maintaining an annual growth rate of at least 23%. (ET)
    The Centre asked steel producers to cut prices as and when there was further fall of rates in the global markets. (ET)
    The UK gross domestic product was flat at 1.4% to the quarter in April-June, as construction fell, the decline in production accelerated, and growth in the service sector softened. (WSJ)
 
Strong & Weak  futures 
This is list of 10 Strong Future Stocks:
 Polaris, Indian bk, Ansal prop, Bata, Cummins, Aptech, Bongaigaon, Rolta, Strides arcolab & AIA Eng.
And this is the list of 10 Weak stocks ;
Bajaj auto, Housing dev, Aban, NDTV, Gitanjali gems, indn hotels, cnx100, Tisco, I-Flex &Bombay dyein.
Nifty is in Down Trend.
--
Arvind Parekh
+ 91 98432 32381
YE

sell sell sell

NIFTY FUT: If downtrend continues then it will fall up to 4304.60-4306.60 zone. Rallies up to 4371.40 can be used to sell. SL at 4392.80 level.

RELIANCE FUTURES (Update): SL triggered. Bears dominated. If does not cross 2274.30 level then unwinding may continue.

intrday sell nifty too
NIFTY FUT: Sell with a Stop Loss of 4392.80 level. Target at 4336.70-4338.70 zone.

POSITIONAL TRADERS
SHORT BANKINDIA TGT 253,246.
SHORT SAIL TGT 146,142.
CARRY ALL FOR TOMMOROW.
SHORT IN SEPTEMBER SERIOUS AND BUY NIFTY SEPTEMBER PUTS.
CARRY TILL TOMMOROW.SHORT NIFTY SEPT,TGT 4330,4280.
SHORT TILL 4450.BUY 4300 SEPT PUT TGT 170,190.
SHORT RINFRA TGT 970,930.
SHORT RCAP TGT 1220,119

US ECONOMIC VIEW THIS WEEK- (1) MONDAY: Data related to Existing Home Sales.(2) TUESDAY: Data related to New Home Sales along with zconsumer confidence data.(3) WEDNESDAY: EIA Petroleum Status Report.(4) THURSDAY: Corporate Profits, GDP Preliminary data, Jobless Claims and Money supply data will be revealed

INTRADAY CASH MARKET

Futures: RELIANCE FUTURES (NSE CMP 2272.00) going up. Technically weak, surprisingly going up. Take a risk and Buy with a Stop Loss of 2249.00 level.

Cash Market Intra-day:NAGARFERT (NSE Cash CMP 41.30)looks good.Sentiment not good.Take a risk and Sell with a Stop Loss of 42.30

Cash Market Intra-day: RNRL (NSE Cash CMP 97.30) looks good. Buy with a Stop Loss of 96.30 level.

INTRADAY CASH MARKET

Cash Market Intra-day:NAGARFERT (NSE Cash CMP 41.30)looks good.Sentiment not good.Take a risk and Sell with a Stop Loss of 42.30

Cash Market Intra-day: RNRL (NSE Cash CMP 97.30) looks good. Buy with a Stop Loss of 96.30 level.

BUY CASH MARKET

Cash Market Intra-day:

RNRL (NSE Cash CMP 97.30) looks good. Buy with a Stop Loss of 96.30 level.