Trading Calls 19th Mar 2009
USE STRICT Stop Loss for todays trading
BUY BHEL-1459 above 1462 for 1479 with sl 1455
BUY ONGC-723 for 738 with sl 717
USE STRICT Stop Loss for todays trading
BUY BHEL-1459 above 1462 for 1479 with sl 1455
BUY ONGC-723 for 738 with sl 717
BUY GAIL-221 for 230 with sl 218
BUY BEML-379 for 400 with sl 372
BUY BEML-379 for 400 with sl 372
NIFTY FUTURES (F & O)
Above 2788-2790 zone, rally may continue up to 2796 level and thereafter expect a jump up to 2812-2814 zone by non-stop.
Above 2788-2790 zone, rally may continue up to 2796 level and thereafter expect a jump up to 2812-2814 zone by non-stop.
Support at 2761 & 2770 levels. Below these levels, expect profit booking up to 2737-2739 zone and thereafter slide may continue up to 2715-2717 zone by non-stop.
Buy if touches 2707-2709 zone. Stop Loss at 2685-2687 zone.
On Positive Side, cross above 2818-2820 zone it can zoom up to 2840-2842 zone and if crosses & sustains at above this zone then uptrend may continue.
Short-Term Investors:
Bullish Trend. 3 closes above 2531 level, it can zoom up to 2913 level by non-stop.
Short-Term Investors:
Bullish Trend. 3 closes above 2531 level, it can zoom up to 2913 level by non-stop.
BSE SENSEX
False signal is likely. Traders can expect rally further.
Short-Term Investors:
Short-Term trend is Bullish and target at around 9476 level on upper side.
False signal is likely. Traders can expect rally further.
Short-Term Investors:
Short-Term trend is Bullish and target at around 9476 level on upper side.
Maintain a Stop Loss at 8110 level for your long positions too.
Strong & Weak futures
This is list of 10 strong futures:
This is list of 10 strong futures:
BRFL, KPIT, Tulip, Tata Motors, Jet Airways, Matrix Labs, Biocon, Edu Comp, Ster & JP Associates.
And this is list of 10 Weak Futures:
Rolta, Alok Text, Ranbaxy, Indian Bank, J&K Bank, IOC, Allahabad Bank, Network 18, Triveni & BPCL.
Nifty is in Down Trend.
Nifty is in Down Trend.
GLOBAL CUES & RUPEE
The Dow Jones Industrial Average closed at 7,486.58. Up by 90.88 points.
The Broader S&P 500 closed at 794.35. Up by 16.23 points.
The Nasdaq Composite Index closed at 1,491.22. Up by 29.11 points.
The partially convertible rupee <INR=IN> ended at 51.29/30 per dollar on yesterday, above Tuesday's close of 51.47/4850
METAL INDEX Stocks May Zoom
NIFTY & SENSEX SPOT LEVELS TODAY
 | 2794.70 | ( 1.35 %) | 37.25 |  |
| 1 | 2 | 3 | ||
| Resistance | 2836.42 | 2878.13 | 2920.22 | |
| Support | 2752.62 | 2710.53 | 2668.82 | |
 | 8976.68 | ( 1.27 %) | 112.86 | | |
| 1 | 2 | 3 | |||
| Resistance | 9080.99 | 9185.29 | 9250.13 | ||
| Support | 8911.85 | 8847.01 | 8742.71 | ||
+ve to Market : 1. US Market 2. SGX Nifty 3. Asian Market [Mixed with
+ve bias] 4. FII Buying
+ve bias] 4. FII Buying
-ve to Market: 1. Expecting the YOY result from big boys will not meet
the market and DS expectation 2. There is no positive news will come
from Govt. [because of the announcement of the Election date] 3.
International market condition also will not boost the Indian market
4. Mutual fund's redemption pressure for the year 2009 March. 5. DII
selling
the market and DS expectation 2. There is no positive news will come
from Govt. [because of the announcement of the Election date] 3.
International market condition also will not boost the Indian market
4. Mutual fund's redemption pressure for the year 2009 March. 5. DII
selling
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 | 18-Mar-2009 | 1719.9 | 1497.76 | 222.14 |
| DII trading activity on NSE and BSE in Capital Market Segment(In Rs. Crores) | ||||
| Category | Date | Buy Value | Sell Value | Net Value |
| DII | 18-Mar-2009 | 1189.44 | 663.1 | 526.34 |
--
Arvind Parekh
+ 91 98432 32381
