RESISTANCE
5303
5326
5342
5365
SUPPORT
5266
5252
5236
5229
5213
DCBCORB;GRASIM;DLF;UNITEDSPIRITS;DENABK;IVRINFRA;RENUKA;FINTECH;MUNDRA;DRREDDY
Strong Futures
This is list of 10 Strong Futures:
National Alum, JSW Steel, Pantaloon Retail, Hindalco, Finance Tech, Sintex, Grasim, Sail Ltd, Chambal Fert & Hotel Leela.
Weak Futures
This is the list of 10 Weak Futures:
Reliance, GT Offshore, Pir Health, Hind Uni Lvr, Orchid Chem, HDFC Bank, Lic house, RPL, Hero Honda & GVKPIL.
Daily trend of the market is Up
Even though the market has become overbought now and some correction is needed, but as the trend is still up, the readers who have created long positions in Nifty (bought on 30th December) may go on holding the longs till the trend remains in uptrend
_________________________________________________________
NIFTY FUTURES (F & O): |
Above 5303 level, rally may continue up to 5326 level by non-stop. Support at 5266 level. Below this level, expect profit booking up to 5252 level. Buy at around 5229 & 5236 levels. Stop Loss at 5213-5215 zone. On Positive Side, cross above 5340-5342 zone can take it up to 5363-5365 zone by non-stop. If crosses & sustains this zone then uptrend may continue. |
Short-Term Investors: |
Bullish Trend. Stop Loss at 5155.00. Up Side Target at 5339.00. We are trading near the target level of 5339.00. 3 closes above 5339.00 level, expect a jump up to 5431.00 level by non-stop. |
Equity: |
DB CORP (NSE Cash) Sideways trend with positive bias. Above 269 level, rally may continue up to 275 & 278 levels by non-stop. If slips below 263 level, then it can fall up to unbelievable level of 254 and thereafter it can tumble up to 251 level. |
DLF (NSE Cash) Explosive. Negative Factor is that, Stop Loss is too far on down side. Above 380-382 zone, it can zoom up to 387 & 388 levels and thereafter expect a jump up to 392-394 zone. Support at 370 & 375 levels. Keep a Stop Loss at 367 level and buy. |
STEEL AUTHORITY (NSE Cash) Sell. But Stop Loss is too far on upper side. If controlled below 251 level then traders can go short. Below 245 & 246 levels, expect a slide up to unbelievable target of 236-238 zone and thereafter it can tumble up to 225-227 zone by non-stop. On Positive Side, if allowed to cross 256-258 zone then expect short covering up to 264 & 267 levels by non-stop. |
TATA POWER COMP (NSE Cash): No trigger as per my calculations. Bulls will get trapped at higher levels. CIPLA LTD (NSE Cash): No trigger as per my calculations. Bulls will get trapped at higher levels. GRASIM INDS (NSE Cash): Explosive & will zoom. UNITED SPIRITS (NSE Cash): No trigger as per my calculations. Bulls will get trapped at higher levels. DENA BANK (NSE Cash): Explosive & will zoom. IVRCL INFRASTR & PROJECTS (NSE Cash): Explosive & will zoom. SHR RENUKA SUGARS (NSE Cash): Explosive & will zoom. FINANCIAL TECHNOLOGIES (I) (NSE Cash): Explosive & will zoom. MCLEOD RUSSEL (NSE Cash): No trigger as per my calculations. Bulls will get trapped at higher levels. MUNDRA PORT & SEZ (NSE Cash): Explosive & will zoom. |
TATA STEEL (NSE Cash): Fall may continue as per technicals. HINDALCO INDS (NSE Cash): No trigger as per my calculations. Bears may get trapped at lower levels. LARSEN & TOUBRO (NSE Cash): No trigger as per my calculations. Bears may get trapped at lower levels. |
INVESTMENT BUY: |
TATA INVESTMENT (BSE Code: 501301) No trigger for Today's Trading & Bulls may get trapped at higher levels today. But Weekly Chart is excellent and good for 1 Week Holding. Any decline near to yesterday's low of 486.00 can be used to buy. Stop Loss at 486.00. |
DABUR (I) (BSE Code: 500096) 1 Day Rally & Technically Uptrend should continue today. |
OPTIONS (NSE): |
NIFTY 5300 CALL OPTION Sideways trend with negative bias. If unable to cross 102 level, then expect unwinding up to 87 & 88 levels and thereafter it can tumble up to 85 level by non-stop. Above 102 level, expect short covering up to 105 & 106 levels. |
RELIANCE 1080 CALL OPTION Sideways trend with positive bias. If unable to break 35 level on down side, then rally may continue up to 43-45 zone by non-stop. Below 35 level, expect unwinding up to 30-32 zone. |
STOCK FUTURES (NSE): |
DR REDDY FUTURES Sideways trend with positive bias. Above 1222 & 1231 levels, rally may continue up to 1260 level by non-stop. Below 1181 & 1198 levels, expect unwinding up to 1161 level. |
 | 5277.90 | ( 0.87 %) | 45.70 |  |
| 1 | 2 | 3 | ||
| Resistance | 5296.70 | 5315.50 | 5342.65 | |
| Support | 5250.75 | 5223.60 | 5204.80 | |
 | 17686.24 | ( 0.73 %) | 127.51 | | |
| 1 | 2 | 3 | |||
| Resistance | 17758.76 | 17831.27 | 17932.77 | ||
| Support | 17584.75 | 17483.25 | 17410.74 | ||
FUNDS DATA
| FII trading activity on NSE and BSE in Capital Market Segment(In Rs. Crores) | ||||
| Category | Date | Buy Value | Sell Value | Net Value |
| FII | 06-Jan-2010 | 3380.3 | 2719.75 | 660.55 |
| DII trading activity on NSE and BSE in Capital Market Segment(In Rs. Crores) | ||||
| Category | Date | Buy Value | Sell Value | Net Value |
| DII | 06-Jan-2010 | 1564.46 | 1850.56 | -286.1 |
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Arvind Parekh
+ 91 98432 32381
