Strong & Weak Stocks
This is list of 10 strong stocks:
Orchid Chem, ABG Ship, Rel Media, Vijaya Bank, IFCI, Bhushan Steel, Syndicate Bank, KFA, MLL & Chambal Fert.
And this is list of 10 Weak stocks
Finan Tech, Nagar Cont, Dabur, Praj Ind, TV-18, Colpal, GTL Infra, Asian Paint, BGR Energy & GVKPIL.
The daily trend of nifty is in Uptrend
TRADING CALLS
BUY NIFTY ABV 6288 T 6313 6340 SL 6258 & SELL BLW 6258 T 6229 6188 SL 6279
BUY BANKNIFTY ABV 12870 T 12900 12940 12980 SL 12850 & BLW 12760 SELL T 12720 12680 12640 SL 12780
BUY AMBUJACEM ABV 144 T 146 148 150 SL 142
BUY IFCI ABV 77 T 78 79 80 SL 76
BUY SINTEX ABV 428 T 432 436 440 SL 425
BUY AXISBANK ABV 1595 T 1610 1625 1640 SL 1585
BUY HLL ABV 306 T 309 312 315 SL 304
BUY COSMOFLIM ABV 161 T 164 167 170 172 176 SL 158
BUY RELMEDIA ABV 284 T 288 292 296 SL 282
BUY PIRHELTH ABV 522 T 527 532 537 SL 519
BUY PANTALOON ABV 495 T 500 505 515 SL 492
BUY MRPL ABV 83 T 85 87 89 SL 82
BUY CIPLA ABV 342 T 345 348 352 SL 339
BUY HPCL ABV 520 T 525 530 535 SL 516
BUY DABUR ABV 104 T 106 108 110 SL 103
BUY BOB ABV 652 T 658 664 672 SL 648
BUY IN DECLINE BUY & HOLD WITH STOPLOSS
BUY VOLTAS SL 238 T 270
BUY UCOBANK SL 122 T 138
BUY SYNDICATEBANK SL 133 T 150
BUY ORACAL SL 2380 T 2700
BUY NEYVELI SL 172 T 195
BUY MTNL SL 67 T 76
BUY HDFC SL 718 T 810
BUY GUJNRE SL 66 T 75
BUY GSPL SL 116 T 132
BUY ADANI SL 684 T 775
buy lnt sl 2050 T 2115
BUY LIC SL 1340 T 1660 1860
BUY FINTECH SL 1170 T 1205
BUY TISCO SL 605 T 705
BUY HINDACLO SL 212 T 226
BUY RELINFRA SL 1064 T 1110
BUY TELCO SL 1165 T 1205
BUY HDFC SL 723 T 765
BUY WELCORP SL 255 T 270
BUY GRASIM SL 2200 T 2600 2800
BUY TCS SL 950 T 1050
BUY DCBBANK SL 50 T 100
BUY SBIBANK SL 3240 T 3350
BUY RANBAXY SL 600 T 625
BUY EKC SL 122 T 145
BUY GAIL SL 495 T 530
BUY PETRONET SL 115 T 124
BUY VSNL SL 322 T 352
BUY DISHTV SL 54 T 60
BUY TECHM SL 770 T 810
BUY HCLTECH SL 430 T 465
BUY WIPRO SL 470 T 500
BUY INFOSYS SL 3090 T 3190
SUPPORT/ RESISTANCE LEVELS FOR INTRADAY TRADING IN SPOT/ CASH MARKET
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*LTP stands for Last Traded Price as on Wednesday, October 13, 2010 4:04:47 PM | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
#1R1 stands for Resistance level 1 @1S1 stands for Support level 1 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
#2R2 stands for Resistance level 2 @2S2 stands for Support level 2 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
#3R3 stands for Resistance level 3 @3S3 stands for Support level 3 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
The levels given above are with respect to previous closing price on the NSE / BSE. |
International News
JP Morgan Chase has reported that its profits rose 23% in the third quarter on better performance by its retail banking arm.
Around 2.4 million people were unemployed in the UK during the three months ended August as per official data and therefore indicating that the recovery in the British labour market is still shaky.
British bank Standard Chartered PLC surprised the market by asking its shareholders for nearly 3.3 billion pounds (USD 5.2 billion) in a rights issue to satisfy tighter international capital requirements.
Stocks rose, sending the benchmark global index to a six-month high, as China announced record currency reserves, the Federal Reserve signaled it will protect the recovery and CSX Corp.'s earnings beat forecasts. A gauge of commodities rose to a two-year high as the dollar and yen fell.
Domestic News
India's external debt rose 4.1% or USD 10.8 billion to USD 273.1 billion in the first quarter of current fiscal due to a sharp increase in short-term trade credits , commercial borrowings and multilateral government borrowings.
Telecom service provider Vodafone Essar has said it has selected equipment maker Nokia Siemens Networks and Ericsson for deploying and managing its 3G network infrastructure across the country.
IT firm Mahindra Satyam has said that it has bagged a contract from the Commonwealth of Kentucky, the US, for design and delivery of a document management system.
Buy / Sell (Oct 13, 2010) | |||||||
Buy | Sell | Net | |||||
DII | 1341.50 | 2696.31 | -1354.81 | ||||
FII | 5833.71 | 3730.76 | +2102.95 |
*Disclosure: I don't have any positions in the above said scrips & NIFTY FUTURES. --
Arvind Parekh
+ 91 98432 32381
Disclaimer: "I do not make any warranties, express or implied, as to results to be obtained from using the information in this e-letter. Investors should obtain individual financial advice based on their own particular circumstances before making any investment decisions based upon information in this report
Arvind Parekh
+ 91 98432 32381