Strong & Weak futures
This is list of 10 strong futures:
Aban Off shore, National Alum, Bhushan Steel, Hindalco, MLL, Finance Tech,
Pantaloon Retail, Grasim, KS Oils & Essar Oil.
And this is list of 10 Weak futures:
Maruti, Reliance, GT Offshore, TCS, HDFC, Bajaj Auto, Infosys Tech,
Mphasis, Hero Honda & HCL Tech.
Nifty is in Up trend
| NIFTY FUTURES (F & O): |
| Hurdles at 5219 & 5231 levels. Above these levels, expect short covering up to 5263-5265zone and thereafter expect a jump up to 5295-5297 zone by non-stop. Cross above 5306-5308 zone can take it up to 5337-5339 zone by non-stop. Supply expected at around this zone and have caution. On Negative Side, rebound expected at around 5156-5158 zone. Stop Loss at 5124-5126zone. |
| Short-Term Investors: |
| Up Side Target at 5339.00. |
| Equity: |
| Sideways trend with Positive bias. If stays at above 181 level, then traders can buy. Above 185 level, rally may continue up to189-191 zone by non-stop. Slip below 176 level, can take it up to 173 level. Keep a Stop Loss at this level and buy. SL is too far on down side. |
| Sideways trend with Positive bias. If stays at above 382-384 zone, then traders can buy. Above 391 level, it can zoom up to398 & 402 levels and thereafter expect a jump up to 415 & 419 levels by non-stop. Slip below 378 level, expect unbelievable profit booking up to 365 level. Buy near this level with a Stop Loss of 361 level. |
| Sideways trend with Positive bias. If stays at above 309 level, then traders can buy. Above 316 level, it can zoom up to 325-327zone by non-stop. Slip below 304 level, can take it up to 301 level. Keep a Stop Loss at this level and buy. SL is too far on down side. |
| Explosive & will zoom. TCS (NSE Cash): Explosive & will zoom. THINKSOFT GLOBAL SERVICES (NSE Cash): Explosive & will zoom. MAHINDRA & MAHIN (NSE Cash): Explosive & will zoom. MAYTAS INFRA (NSE Cash): No trigger as per my calculations. Bulls will get trapped at higher levels. DISH TV (I) (NSE Cash): No trigger as per my calculations. Bulls will get trapped at higher levels. CROMPTON GREAVES (NSE Cash): No trigger as per my calculations. Bulls will get trapped at higher levels. |
| Fall may continue as per technicals. TATA STEEL (NSE Cash): Fall may continue as per technicals. UNITECH (NSE Cash): Fall may continue as per technicals. |
| INVESTMENT BUY: |
| Recommended to buy for a Target of 99.80 within a Week. |
| Market Buzz: (May not be useful for Day-Traders) Tantia Construction-A Play On The Growth Of Indian Railways |
|
1.Tantia Constructions Ltd has informed BSE that the Company has received a prestigious project from Northern Railway, Headquarters Office, Delhi in the name of TANTIA-CCTL (JV) for Construction of 1.80 Kms. long tunnel on realigned path and carrying out reprofiling work in balance length of existing Tunnel No. 1 including blanketing, earthwork & construction of side drain etc. in Zone E-2 between Tunnel no. 1 Katra end to Road Over Bridge Sambal on Udhampur- Katra section in connection with Udhampur- Srinagar- Baramulla Rail Link for worth Rs. 91,73,56,721.19 (Rupees ninety one crores seventy three lacs fifty six thousand seven hundred twenty one and paise nineteen only).
2.Tantia Constructions Ltd has informed BSE that the Company has received a prestigious project for Construction of Road under Bridge near existing Railway level X-ing near Mundka No. 16 on Delhi- Bhatinda Section From Municipal Corporation of Delhi for worth Rs. 34,62,47,617/- (Rupees Thirty Four crore Sixty two lakh forty seven thousand and six hundred seventeen only).
3. Tantia Constructions Ltd has informed BSE that the Company has received a prestigious project from Eastern Railway, Constructions Department Kolkata in the name of TANTIA-EDCL (JV) for earthwork in filing with required compaction in Rly. embankment, approach road/ back filing of platform wall etc., blanketing, turfing, construction of Minor Bridges etc. and other misc. works from Haripal Station (excluding Haripal Yard) to Tarkeswar Station (excluding yard) in connection with double line from Seoraphuli to Tarkeswar for worth Rs. 19,50,45,328.66 (Rupees Nineteen crore fifty lakh forty five thousand three hundred twenty eight and paise sixty six only).
4.Tantia Constructions Ltd has informed BSE that the Company has received a prestigious project from Government of Meghalaya on September 24, 2009 for Construction of 2 stages Raw Water Pumping System, Augmentation of the capacity of the existing water treatment plant, Laying of Clear Water Gravity Main and Feeder Main pipelines and Construction of Clear Water Pumping System for worth Rs. 51,40,00,000 (Rupees Fifty One Crore Forty Lakh only).
5."Construction of high level pre stressed Concrete Bridge over River Tlawng in the state of Mizoram worth Rs 6,99,51,553.00 (Rupees Six Crores Ninety Nine Lakhs Fifty One Thousand Five Hundred Fifty Three Only)."
6.Construction of high level pre stressed Concrete Bridge over River Tut in the state of Mizoram worth Rs 10,80,00,000.00 (Rupees Ten Crores Eighty Lakhs Only).
7.Construction of Steel Super-structure of the new Rail bridge, as a replacement of the existing Jubilee Bridge across River Hooghly in between Naihati - Bandel section of Eastern Railway worth Rs 140,23,96,254.04 (Rupees One Hundred Forty Crore Twenty Three Lakhs Ninety Six Thousand Two Hundred Fifty Four and Paise Four Only.
8.Acceptance-Cum-Work order for the work of "Design, construction, commissioning, operation and Maintenance of 14 MLD Sewage Treatment Plant on Turn-key basis at Action Area - IIB in New Town Kolkata Project" worth Rs 13,50,00,000.00 (Rupees Thirteen Crores Fifty Lakhs Only).
9.Construction of Bridge over River Damodar in Bowichandi - Khana section of BDR Gauge Conversion Project of SE Railway in the jurisdiction of Dy.CE/Con./Barddhaman for South Eastern Railway, Office of the Chief Administrative Officer (Con), Garden Reach, Kolkata - 700 043 worth Rs 58,15,93,33.
Technicals For TANTIA CONSTRUCTIONS (NSE Cash): If current uptrend continues, then it can touch 176.20 level on (or) before 15.01.2010. Negative Factors is that, Stop Loss is too far on down side at 116.90. (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.
Nothing in this article is, or should be construed as, investment advice). |
| OPTIONS (NSE): |
| Sideways trend with Positive bias. Risk is too high, because Stop Loss is too far on down side at 58-60 zone. Upward Target at 105-107 zone. |
| Sideways trend with Positive bias. Risk is too high, because Stop Loss is too far on down side at 22.00-24.00 zone. Upward Target at 48.00-50.00 zone. |
| STOCK FUTURES (NSE): |
| Sideways trend with Positive bias. If stays at above 687 level, then traders can buy. Above 701 & 704 levels, it can zoom up to711 & 716 levels and thereafter expect a jump up to 723 level by non-stop. Slip below 682 level, expect unwinding up to 675 level. Keep a Stop Loss at 666-668 zone and buy. Stop Loss is too far on down side. |
| No trigger as per my calculations. Bulls will get trapped at higher levels. TATA COMMUNICATIONS FUTURES: Explosive & will zoom. BAJAJ AUTO FUTURES: Explosive & will zoom. |
| Fall may continue as per technicals. IDEA CELLULAR FUTURES: Fall may continue as per technicals. INDIABULLS REAL ESTATES FUTURES: Fall may continue as per technicals. |
| Disclosure: I don't have any positions in the above said scrips & NIFTY FUTURES. |
| 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." |
spot levels
 | 5210.40 | ( -0.74 %) | -39.00 |  |
| 1 | 2 | 3 | ||
| Resistance | 5273.62 | 5336.83 | 5373.17 | |
| Support | 5174.07 | 5137.73 | 5074.52 | |
 | 17422.51 | ( -0.59 %) | -104.20 | | |
| 1 | 2 | 3 | |||
| Resistance | 17558.82 | 17695.14 | 17778.27 | ||
| Support | 17339.37 | 17256.24 | 17119.92 | ||
| FII trading activity on NSE and BSE in Capital Market Segment(In Rs. Crores) | ||||
| Category | Date | Buy Value | Sell Value | Net Value |
| FII | 12-Jan-2010 | 2903.43 | 3266.19 | -362.76 |
| DII trading activity on NSE and BSE in Capital Market Segment(In Rs. Crores) | ||||
| Category | Date | Buy Value | Sell Value | Net Value |
| DII | 12-Jan-2010 | 1920.05 | 1465.19 | 454.86 |
--
Arvind Parekh
+ 91 98432 32381
