This is list of 10 strong futures:
National Alum, Bhushan Steel, Hindalco, MLL, Finance Tech, Essar Oil, Aban Off shore, Century Text, Pantaloon Retail & Praj Industry.
And this is list of 10 Weak futures:
Maruti, GT Offshore, Orchid Chem, Mphasis, Hero Honda, TCS, Hind Uni Lvr, HDFC, Pir Health & GVKPIL.
Nifty is in Up trend
NIFTY FUTURES (F & O):
Above 5293 level, expect short covering up to 5314 & 5319 levels by non-stop.
Support at 5245 level. Below this level, selling may continue up to 5214 & 5218 levels by non-stop.
Buy if touches 5197 level. Stop Loss at 5169-5171 zone.
On Positive Side, cross above 5341 level can take it up to 5362-5364 zone. 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.
BSE SENSEX:
It may slide up to 17144.60 level on (or) before 12.01.2010.
But should not be allowed to cross 18086.84 level on upper side.
Equity:
BHARAT PETROLEUM (NSE Cash)
Sell. Negative Factor is that Stop Loss is too far on upper side.
If able to control below 625 level then traders can sell. Below 608 & 613 levels, fall may continue up to 596 level and thereafter it can tumble up to 589-591 zone by non-stop.
On Positive Side, if allowed to cross & sustain at above 631 level then expect short covering up to 637 level by non-stop.
STRIDES ARCOLAB (NSE Cash)
Sideways trend with positive bias.
If not breaking 252 level, then traders can buy. Above 257 level, expect unbelievable target of 267 level and thereafter it can jump up to 270-272 zone by non-stop.
On Negative Side, slip below 248 level can create panic up to 245 level.
CENTURY TEXTILES (NSE Cash)
Explosive. Negative Factor is that, Stop Loss is too far on down side.
If not breaking 567 level, then traders can buy. Above 578 level, rally may continue up to 585 & 590 levels by non-stop. If crosses & sustains at above 599 & 605 levels then it can zoom up to 609-611 zone by non-stop.
On Negative Side, slip below 552 level can create panic up to 544 level.
ABAN OFFSHORE (NSE Cash):
Explosive & will zoom.
HINDALCO INDS (NSE Cash):
Explosive & will zoom.
ESSAR OIL (NSE Cash):
Explosive & will zoom.
BOMBAY DYEING (NSE Cash):
Explosive & will zoom.
IFCI LTD (NSE Cash):
No trigger as per my calculations. Bulls will get trapped at higher levels.
BHUSHAN STEEL (NSE Cash):
Explosive & will zoom.
GUJ MINERAL (NSE Cash):
Explosive & will zoom.
TATA MOTORS (NSE Cash):
Fall may continue as per technicals.
INFOSYS TECHNOLO (NSE Cash):
Fall may continue as per technicals.
STEEL AUTHORITY (NSE Cash):
Fall may continue as per technicals.
INVESTMENT BUY:
UCAL FUEL SYSTE (BSE Code:500464):
1 Day Chart is Excellent. Yesterday's low of 89.00 level should be used as a Stop Loss for today.
From the last 4 Days movement, this stock should touch 176.05-178.05 zone in coming days.
Down side risk up to 68.10 also possible. Keep a Stop Loss at 68.10.
OPTIONS (NSE):
NIFTY 5200 PUT OPTION
Sideways trend with positive bias.
If unable to break 68-70 zone on down side, then expect rebound too.
If rally continues, then it can zoom up to 85 level and thereafter it can jump up to 89 level
by non-stop.
RELIANCE 1080 PUT OPTION
Sideways trend with negative bias.
Below 17 & 18 levels, unwinding may continue up to 10 level by non-stop.
If unable to control above 22 level, then expect short covering up to 27 level and thereafter expect a jump up to 30 level by non-stop.
STOCK FUTURES (NSE):
HOUSING DEV & INFRA FUTURES
Sell & Technically fall should continue.
If controlled below 373 level, then traders can sell. Below 367 level, fall may continue up to 359 & 362 levels and thereafter it can tumble up to 353-355 zone by non-stop.
On Positive Side, 378 level should not be allowed to cross.
BOMBAY RAYON FASHIONS FUTURES:
Explosive & will zoom.
SIEMENS FUTURES:
No trigger as per my calculations. Bulls will get trapped at higher levels.
JAIPRAKASH POWER VENTURES FUTURES:
Explosive & will zoom.
DLF FUTURES:
Fall may continue as per technicals.
SUZLON ENERGY FUTURES:
No trigger as per my calculations. Bears may get trapped at lower levels.
BAJAJ HINDUSTAN FUTURES:
No trigger as per my calculations. Bears may get trapped at lower levels.
| FII trading activity on NSE and BSE in Capital Market Segment(In Rs. Crores) | ||||
| Category | Date | Buy Value | Sell Value | Net Value |
| FII | 07-Jan-2010 | 2579.68 | 2487.47 | 92.21 |
| DII trading activity on NSE and BSE in Capital Market Segment(In Rs. Crores) | ||||
| Category | Date | Buy Value | Sell Value | Net Value |
| DII | 07-Jan-2010 | 1364.1 | 1491.51 | -127.41 |
 | 5263.10 | ( -0.35 %) | -18.70 |  |
|
| 1 | 2 | 3 | |
| Resistance | 5295.52 | 5327.93 | 5353.32 | |
| Support | 5237.72 | 5212.33 | 5179.92 | |
 | 17615.72 | ( -0.48 %) | -85.41 | | |
|
| 1 | 2 | 3 | ||
| Resistance | 17710.53 | 17805.33 | 17877.33 | ||
| Support | 17543.73 | 17471.73 | 17376.93 | ||
--
Arvind Parekh
+ 91 98432 32381
