Buy BPCL-527 for 540-548+ with sl 518
Buy Reliance-2194 for 2226+ with sl 2174
Buy DivisLab-598 for 613-624+ with sl 588
Buy MAstek-320 for 355-370+ with sl 300 [positional]
This is list of 10 strong futures:
Nifty is in Up trend
Above 5117-5119 zone, rally may continue up to 5129 level by non-stop.
Buy if touches 5024-5026 zone. Stop Loss at 5005-5007 zone.
On Positive Side, cross above 5149-5151 zone can take it up to 5168-5170 zone by non-stop. If crosses & sustains this zone then uptrend may continue.
Short-Term Investors:
Bearish Trend. Problem is that, we are trading above Stop Loss level of 5082.00. Risk is that, if closes above 5082.00 level for consecutive 3 days then traders can expect short covering up to 5201.90 level by non-stop.
If bears can able to control below 5082.00 level, then traders can expect a target of 4842.20 level.
Today's Expectation:
SGX NIFTY is trading at 5093.00. (07.21 AM IST)
BSE SENSEX:
Yesterday's rally was surprising, as per technicals. Rally may continue today.
Short-Term Investors:
Bullish Trend. Target at 17499.70.
Stop Loss is too far on down side, can be placed at around 16666.70.
INVESTMENT BUY:
Buy FRONTIER SPRING (BSE Cash & BSE Code: 522195)
Buy with a Stop Loss of 29.15. Above 31.70, it will zoom.
1 Week: Bullish, as per current market conditions.
1 Month: Sideways, surprisingly going up.
3 Months: Bearish, surprisingly going up.
1 Year: Bullish, as per current market conditions.
Buy UNIPHOS ENT (BSE Cash & BSE Code: 500429)
Buy with a Stop Loss of 27.45. Above 34.55, it will zoom.
1 Week: Bearish, surprisingly going up.
1 Month: Bullish, as per current market conditions.
3 Months: Bearish, as per current conditions.
1 Year: Bullish, as per current market conditions.
Buy RELIANCE INDS (NSE Cash)
Yesterday's rally was surprising. Buy with a Stop Loss of 2065.00. Above 2207.75, it will zoom.
1 Month: Bearish, surprisingly going up.
3 Months: Bullish, surprisingly going down.
1 Year: Bullish, as per current market conditions.
Buy TATA STEEL (NSE Cash)
Yesterday's rally was surprising. Buy with a Stop Loss of 544.20. Above 583.40, it will zoom.
1 Month: Bearish, surprisingly going up.
3 Months: Bullish, as per current market conditions.
1 Year: Bullish, as per current market conditions.
 | 5103.55 | ( 1.01 %) | 51.10 |  |
| 1 | 2 | 3 | ||
| Resistance | 5127.07 | 5150.58 | 5188.07 | |
| Support | 5066.07 | 5028.58 | 5005.07 | |
 | 17180.18 | ( 0.93 %) | 158.33 | | |
| 1 | 2 | 3 | |||
| Resistance | 17248.17 | 17316.15 | 17417.73 | ||
| Support | 17078.61 | 16977.03 | 16909.05 | ||
| FII trading activity on NSE and BSE in Capital Market Segment(In Rs. Crores) | ||||
| Category | Date | Buy Value | Sell Value | Net Value |
| FII | 23-Nov-2009 | 1901.53 | 2069.94 | -168.41 |
| DII trading activity on NSE and BSE in Capital Market Segment(In Rs. Crores) | ||||
| Category | Date | Buy Value | Sell Value | Net Value |
| DII | 23-Nov-2009 | 1191.3 | 1058.96 | 132.34 |
Innovative Foods-Delisting Season
A key segment to play would be companies that either due to poor finances or increased focus of parent entities are opting to get themselves de-listed. A case in point is Innovative Foods-owned by Indian Hotels and Tatas, this company proposes to delist from all exchanges on December 3, 2009 at a fixed price of Rs 34.50 per share. The payment and delivery procedure is automatic. Dematerialised shares to be sent to the corporate pool account as notified and physical shares handed over across the counter.
Earlier this year, US based Preferred Foods also made an offer to delist Tasty Bite Eatables, post which the stock rocketed upwards. So investors need to be vigilant about such opportunities.
(Some forward looking statements on projections, estimates, expectations & outlook are included to enable a better comprehension of the Company prospects. Actual results may, however, differ materially from those stated on account of factors such as changes in government regulations, tax regimes, economic developments within India and the countries within which the Company conducts its business, exchange rate and interest rate movements, impact of competing products and their pricing, product demand and supply constraints.)
--
Arvind Parekh
+ 91 98432 32381
