Monday, September 22, 2008

FII DATA

FII
22/09: 138.21 Cr. (Prov)
DII
22/09: -206.12 Cr. (Prov)

Positional traders
BOOK PARTIAL PROFITS IN INTRADAY SHORTS SO IF A BOUNCE COMES TOMMOROW,YOU CAN SHORT AGAIN.
CARRY ALL OTHER SHORTS AND NIFTY PUTS FOR TOMMOROW
Positional traders
KEEP A STRICT
STOPLOSS OF 2080 AND SHORT RELIANCE TGT 1980,1950.
CARRY ALL OTHER SHORTS AND NIFTY PUTS.ALSO ROLLOVER IN OCTOBER SERIES.

Intraday

NIFTY FUT: If downtrend continues then it will fall up to 4167.40-4169.40 zone. Rallies up to 4265.05 can be used to sell. SL at 4301.85 level.


Positional traders
HOLD ALL SHORTS AND PUTS.
COMMODITY TRADERS CAN BUY GOLD FOR A Tgt OF900,915$.

OIL TRADERS CAN BUY FOR A TARGET OF 110,114$.
HOLD ALL SHORTS.


POSITIONAL TRADERS ONLY
IF SUZLON TRADES BELOW 209,TGT 202,195.
IF MCDOWELL TRADES BELOW 1310,SHORT FOR A TARGET OF 1280,1250.
ALL THESE SHORTS WE HAD POSITIONS IN SO HOLD AND ADD MORE

INTRADAY
Cash Market Intra-Day: SESAGOA (NSE Cash CMP 116.65) going up. Sentiment is weak and take a risk and sell. SL at 118.65 level.

ONLY POSITIONAL TRADERS>>>>>>>

SHORT spot NIFTY IF TRADES BELOW 4260,TGT 4210,4160.

BUY NIFTY OCT 4000 PUT TGT 160,200.
SHORT INFOSYS TGT1590,1560.

SHORT TCS TGT 750,740.
PREFER TO TRADE IN OCT

INTRADAY
Cash Market Intra-Day: RNRL (NSE Cash CMP 83.55) going up. Buy with a Stop Loss of 82.55 level.

Positional traders

SHORT ICICI BANK TGT 605,590.

SHORT SBI TGT 1540,1510.

SHORT BANKINDIA TGT 275,265.

SHORT RCAP TGT 1250,1200.

SHORT ONGC TGT 1040,1030.

INTRADAY

NIFTY FUT: Sell with a Stop Loss of 4301.85 level. Target at 4222.60-4224.60 zone.

-------------------

NIFTY FUTURES (F & O)

Rally may continue up to 4300 level for time being.

Support at 4243 & 4263 levels

. Below these levels, expect profit booking up to 4186-4188 zone.

Buy if touches 4131-4133 zone.

Stop Loss is too far on down side and can be placed at 3965-3967 zone.

On Positive Side, if crosses & sustains at above 4355-4357 zone then uptrend may continue.

Short-Term Investors:

Reversal (Positive) is seen. Avoid Short Selling at lower levels.

Short-Term Upward Target at 4410-4412 zone.

Short-Term Support at at 3910-3912 zone.

-------------------------------

Strong & Weak futures

This is list of 10 Strong Future:
IOB, BOB, Maruti, Mosear, Jindal Saw, PNB, HPCL, Indian Bk, BPCl & Union Bk..
And this is the list of 10 Weak stocks:
Adlabs Films, Unitech, Polaris Software, KPIT, Rajesh Export, NIIT, Peninsula Land, Ranbaxy & HDIL.
----------------------

SATYAM COMPUTER (NSE Cash):

Likely to Zoom. Suspicion is that yesterday's movement might be false signal too.

If crosses & sustains at above 375 level then uptrend may continue.

Support at 353 level

. Should not be allowed to break at any cost.

HDFC FUTURES (NSE):

Likely to Zoom. Suspicion is that yesterday's movement might be false signal too.

If crosses & sustains at above 2401 level then uptrend may continue.

Support at 2284 level.

Should not be allowed to break at any cost.


Nifty is in Down Trend.
------------------------------------------
The Dow Jones Industrial Average closed at 11,388.44. Up by 368.75 points.

The Broader S&P 500 closed at 1,255.08. Up by 48.57 points.

The Nasdaq Composite Index closed at 2,273.90. Up by 74.80 points.

The partially convertible rupee <INR=IN> ended at 45.80/82 per dollar, stronger

than Thursday's close of 46.42/43.

-------------------------------

Arvind Parekh
+ 91 98432 32381