Trading Calls 12th May 2009
Intraday Calls
SHORT RIL-1861 @ 1870 for a target 1845 stop loss 1880
SHORT L&T-963 @ 979 for a target 965 stop loss 985
Intraday Calls
SHORT RIL-1861 @ 1870 for a target 1845 stop loss 1880
SHORT L&T-963 @ 979 for a target 965 stop loss 985
SHORT CenturyTex-245 @ 255 for a target 240 stop loss 259
SHORT GEShip-228 @ 235 for a target 223 stop loss 239
BUY JSWsteel-424 for a target 440 stop loss 418
SHORT GEShip-228 @ 235 for a target 223 stop loss 239
BUY JSWsteel-424 for a target 440 stop loss 418
Strong & Weak futures 12th May 2009
This is list of 10 strong futures:
This is list of 10 strong futures:
Bhushan Steel,Bajaj Hind,Havells,TVS Motor,Auro Pharma, Tulip,JSW Steel,Jindal Saw,Penin Land & Triveni.
And this is list of 10 Weak :
Alok Text,India Cem.,Sterlin Bio,Cipla,ACC,Hind Petro,Ambuja Cement,Rajesh Expo.,BPCL & Hind UniLvr.
Nifty is in Up Trend .
Nifty is in Up Trend .
NIFTY FUTURES (F & O)
Profit booking may continue up to 3520-3522 zone for time being.
Profit booking may continue up to 3520-3522 zone for time being.
Hurdles at 3562 & 3573 levels. Above these levels, expect short covering up to 3621-3623 zone and thereafter expect a jump up to 3668-3670 zone by non-stop.
Cross above 3715-3717 zone, can take up to 3762-3764 zone and supply expected at around this zone and have caution.
On Negative Side, rebound expected at around 3473-3475 zone. Stop Loss at 3426-3428 zone.
Short-Term Investors:
Bullish Trend. 3 closes above 3342 level, it can zoom up to 3997 level by non-stop.
BSE SENSEX
Lower opening expected. Recovery should start.
Short-Term Investors:
Short-Term trend is Bullish and target at around 13662 level on upper side.
Short-Term Investors:
Bullish Trend. 3 closes above 3342 level, it can zoom up to 3997 level by non-stop.
BSE SENSEX
Lower opening expected. Recovery should start.
Short-Term Investors:
Short-Term trend is Bullish and target at around 13662 level on upper side.
Maintain a Stop Loss at 10962 level for your long positions too.
SPOT LEVELS FOR TODAY
 | 3554.60 | ( -1.83 %) | -66.10 |  |
| 1 | 2 | 3 | ||
| Resistance | 3693.68 | 3766.67 | 3822.08 | |
| Support | 3565.28 | 3509.87 | 3436.88 | |
 | 11682.99 | ( -1.63 %) | -193.44 | | |
| 1 | 2 | 3 | |||
| Resistance | 12115.98 | 12355.53 | 12530.99 | ||
| Support | 11700.97 | 11525.51 | 11285.96 | ||
GLOBAL CUES & RUPEE
The Dow Jones Industrial Average closed at 8,418.77. Down by 155.88 points.
The Broader S&P 500 closed at 909.24. Down by 19.99 points.
The Nasdaq Composite Index closed at 1,731.24. Down by 7.76 points.
The partially convertible rupee <INR=IN> closed at 49.52/53 per dollar on yesterday, weaker than its Friday's close of 49.285/295.
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 | 11-May-2009 | 1622.8 | 1542.92 | +79.88 |
| DII trading activity on NSE and BSE in Capital Market Segment(In Rs. Crores) | ||||
| Category | Date | Buy Value | Sell Value | Net Value |
| DII | 11-May-2009 | 700.49 | 717.8 | -17.31 |
--
Arvind Parekh
+ 91 98432 32381
