Trading Calls 21st Apr 2009
USE STRICT Stop Loss for todays trading
+ve Sector & Scripts : Fertilizers, UTVsoft, Prismcem, Sasken, GVKPIL
SHORT HDFC-1751 for the target 1710 stop loss 1765
SHORT BHEL-1650 for the target 1610 stop loss 1663
USE STRICT Stop Loss for todays trading
+ve Sector & Scripts : Fertilizers, UTVsoft, Prismcem, Sasken, GVKPIL
SHORT HDFC-1751 for the target 1710 stop loss 1765
SHORT BHEL-1650 for the target 1610 stop loss 1663
SHORT M&M-449 for the target 435 stop loss 455
SHORT Relcapit-523 for the target 500 stop loss 429
SHORT Relcapit-523 for the target 500 stop loss 429
SHORT REL-696 below 690 for the target 665 stop loss 699
Strong & Weak futures
This is list of 10 strong futures:
This is list of 10 strong futures:
Essar Oil, Unitech, Gitanjali, S Kumar Syn, HCC, 31 Infotech, Polaris, CMC, Rolta & IOB.
And this is list of 10 Weak Futures:
Sterling Bio, National Alum, Divi's Lab, Cairn, NTPC, Hind Unilvr, BEL, Hind Petro, ITC & Colpal.
Nifty is in Up Trend.
Nifty is in Up Trend.
NIFTY FUTURES (F & O)
Below 3348 level, selling may continue up to 3332-3334 zone and thereafter slide may continue up to 3304-3306 zone by non-stop.
Below 3348 level, selling may continue up to 3332-3334 zone and thereafter slide may continue up to 3304-3306 zone by non-stop.
Hurdles at 3381 & 3396 levels. Above these levels, expect short covering up to 3439-3441 zone and thereafter expect a jump up to 3467-3469 zone by non-stop.
Cross above 3481-3483 zone, it can zoom up to 3509-3511 zone. Supply expected at around this zone and have caution.
On Negative Side, rebound expected at around 3290-3292 zone. Stop Loss at 3262-3264 zone.
Short-Term Investors:
Bullish Trend. 3 closes above 2951 level, it can zoom up to 3661 level by non-stop.
BSE SENSEX
Bulls tired. Lower opening expected. If start moves up then trapped bulls
can offload their positions.
Short-Term Investors:
Short-Term trend is Bullish and target at around 11967 level on upper side.
Short-Term Investors:
Bullish Trend. 3 closes above 2951 level, it can zoom up to 3661 level by non-stop.
BSE SENSEX
Bulls tired. Lower opening expected. If start moves up then trapped bulls
can offload their positions.
Short-Term Investors:
Short-Term trend is Bullish and target at around 11967 level on upper side.
Maintain a Stop Loss at 10172 level for your long positions too.
FII DATA
| FII trading activity on NSE and BSE in Capital Market Segment(In Rs. Crores) | ||||
| Category | Date | Buy Value | Sell Value | Net Value |
| FII | 20-Apr-2009 | 1812.02 | 1463.97 | +348.05 |
| DII trading activity on NSE and BSE in Capital Market Segment(In Rs. Crores) | ||||
| Category | Date | Buy Value | Sell Value | Net Value |
| DII | 20-Apr-2009 | 956.63 | 847.73 | +108.9 |
GLOBAL CUES & RUPEE
The Dow Jones Industrial Average closed at 7,841.73. Down by 289.60 points.,
The Broader S&P 500 closed at 832.39. Down by 37.21 points.,
The Nasdaq Composite Index closed at 1,608.21. Down by 64.86 points.,
The partially convertible rupee <INR=IN> closed at 50.33/34 per dollar on yesterday, weaker than Friday's close of 49.87/88.
NIFTY SPOT LEVELS
 | 3377.10 | ( -0.22 %) | -7.30 |  |
| 1 | 2 | 3 | ||
| Resistance | 3432.32 | 3487.53 | 3533.97 | |
| Support | 3330.67 | 3284.23 | 3229.02 | |
 | 10979.50 | ( -0.40 %) | -43.59 | | |
| 1 | 2 | 3 | |||
| Resistance | 11171.68 | 11363.86 | 11518.06 | ||
| Support | 10825.30 | 10671.10 | 10478.92 | ||
--
Arvind Parekh
+ 91 98432 32381
