Trading Calls 29th Apr 2009
+ve sector, scripts: Aztek, Network18, BFRL
+ve sector, scripts: Aztek, Network18, BFRL
BUY BHEL-1597 for a target 1615-30 stop loss 1580
BUY RIL-1737 for a target 1755-60 stop loss 1729
BUY RIL-1737 for a target 1755-60 stop loss 1729
BUY HDFC-1665 for a target 1710-16 stop loss 1655
BUY SBI-1235 above 1241 for a target 1265-70 stop loss 1235
BUY SBI-1235 above 1241 for a target 1265-70 stop loss 1235
Strong & Weak futures
This is list of 10 strong futures:
This is list of 10 strong futures:
KPIT, JP Associat, Penin Land, Lic Housing, TVS Motor, Purva, HDIL, Axis Bank, Wipro & 31Infotech.
And this is list of 10 Weak Futures:
Alok Text, Titan, National Alum, Divi's Lab, ZEEL, Aban, Rolta, Power Grid, Ranbaxy & Hind Unilvr.
Nifty is in Up Trend.
Nifty is in Up Trend.
NIFTY FUTURES (F & O)
Selling may continue up to 3332 level for time being.
Selling may continue up to 3332 level for time being.
Hurdle at 3381 level. Above this level, expect short covering up to 3423-3425 zone and thereafter expect a jump up to 3466-3468 zone by non-stop.
Sell if touches 3537-3539 zone. Stop Loss at 3580-3582 zone.
On Negative Side, break below 3288-3290 zone can create some panic up to 3245-3247 zone. If breaks & sustains at below this zone then downtrend may continue and have caution.
Short-Term Investors:
Bearish Trend. 3 closes below 3520 level, it can tumble up to 3165 level by non-stop.
BSE SENSEX
Lower opening expected & Selling should continue.
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.
GLOBAL CUES & RUPEE
The Dow Jones Industrial Average closed at 8,016.95. Down by 8.05 points.
The Broader S&P 500 closed at 855.16. Down by 2.35 points.
The Nasdaq Composite Index closed at 1,673.81. Down by 5.60 points.
The partially convertible rupee <INR=IN> closed at 50.52/53 per dollar on yesterday, lower than Monday's close of 50.23/25.
SPOT LEVELS 29TH APRIL
 | 3362.35 | ( -3.10 %) | -107.65 |  |
| 1 | 2 | 3 | ||
| Resistance | 3439.03 | 3515.72 | 3559.48 | |
| Support | 3318.58 | 3274.82 | 3198.13 | |
 | 11001.75 | ( -3.25 %) | -370.10 | | |
| 1 | 2 | 3 | |||
| Resistance | 11264.56 | 11527.37 | 11678.77 | ||
| Support | 10850.35 | 10698.95 | 10436.14 | ||
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 | 28-Apr-2009 | 1485.62 | 1742.47 | -256.85 |
| DII trading activity on NSE and BSE in Capital Market Segment(In Rs. Crores) | ||||
| Category | Date | Buy Value | Sell Value | Net Value |
| DII | 28-Apr-2009 | 916.74 | 1118.89 | -202.15 |
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Arvind Parekh
+ 91 98432 32381
Arvind Parekh
+ 91 98432 32381
