Wednesday, January 27, 2010

Market Outlook 27th Jan 2010

Strong & Weak Stocks
This is list of 10 Strong Stocks:
GTL Infra, Tech Mahindra, Triveni, Federal Bank, Indusind Bank, DCB, Brfl, Idea, Dish TV & Sun TV. 
Weak Stocks
This is the list of 10 Weak Stocks :
Punj Lloyd, Orchid Chem, Ivrcl Infra, Suzlon, Ranbaxy, GT Offshore, HCC, Hind Petro, Balrampur Chini & HDFC.
Daily trend of the market is down 
_________________________________________________________________

NIFTY FUTURES (F & O):  
Below 4982 level, selling may continue up to 4972-4974 zone and thereafter slide may continue up to 4956-4958 zone by non-stop. 

Hurdles at 5012 & 5017 levels. Above these levels, expect short covering up to 5041-5043 zone and thereafter expect a jump up to 5057-5059 zone by non-stop. 

Sell if touches 5065-5067 zone. Stop Loss at 5080-5082 zone. 

On Negative Side, break below 4948-4950 zone can create panic up to 4932-4934 zone by non-stop. If breaks & sustains this zone then down trend may continue and have caution. 

Short-Term Investors:  
Bearish Trend. 

Down side Target at 4645.40. 

Stop Loss at 5247.00.

Equity: LT (NSE Cash) 

Explosive. Do remember that, if breaks & sustains below 1476 level, then it can tumble up to 1473 level by non-stop. Buy at around this level with a Stop Loss of 1456 level. 

Rally up to 1505 level may be possible. 

Cross above 1516 level, this scrip will explode up to 1533 level and thereafter expect a jump up to 1544 level by non-stop.

BHARTIARTL (NSE Cash) 

Explosive. Do remember that, if breaks & sustains below 328 level, then it can tumble up to 322 level by non-stop. Buy at around this level with a Stop Loss of 318 level. 

Rally up to 334 & 335 levels may be possible. 

Cross above 339-341 zone, this scrip will explode up to 344 level and thereafter expect a jump up to 347 level by non-stop.

THINKSOFT (NSE Cash) 

Explosive. Do remember that, if breaks & sustains below 478 level, then it can tumble up to 457 & 462 levels by non-stop. Buy at around these levels with a Stop Loss of 453 level. 

Rally up to 488 & 493 levels may be possible. 

Cross above 509 & 514 levels, this scrip will explode up to 518 & 523 levels and thereafter expect a jump up to 539 & 546 levels by non-stop.

SBIN (NSE Cash):  

Bulls may get trapped at higher levels during intra-day trades today. Expect Positive News within 2 days. 

BAJAJHIND (NSE Cash):  

Bulls may get trapped at higher levels during intra-day trades today. Expect Negative News within 3 days. 

HINDALCO (NSE Cash):  

Bears may get trapped at lower levels during intra-day trades today. Expect Positive News within 2 days. 

TATAMOTORS ( NSE Cash):  

Bears may get trapped at lower levels during intra-day trades today. Expect Negative News within 2 days. 

ATLANTA (BSE Code: 532759): 

 Bulls may get trapped at higher levels during intra-day trades today. Expect Positive News within 4 days.

INVESTMENT BUY: 

DAI-ICHI KARKARIA LTD.(BSE Code:526821) 

1 Week Target at 55.10. 

Stop Loss at 45.25.

OPTIONS (NSE): NIFTY 5000 PUT OPTION 

Today's trend is sideways pattern with Positive bias. If rally continues, then it can zoom up to 66 level by non-stop. 

On Negative side, if profit booking starts then slide may continue up to 19 level by non-stop.

TATA STEEL 600 PUT OPTION 

Today's trend is sideways pattern with Positive bias. If rally continues, then it can zoom up to 13 level by non-stop. 

On Negative side, if profit booking starts then slide may continue up to 4 level by non-stop.

STOCK FUTURES (NSE): HINDZINC FUTURES  

Sideways Pattern with Positive bias. Do remember that, if breaks & sustains below 1217 level, then it can tumble up to 1194 level by non-stop. Buy at around this level with a Stop Loss of 1167 level. 

Rally up to 1242-1244 zone may be possible. 

Cross above 1256-1258 zone, this scrip will explode up to 1271 level by non-stop.

TECHM FUTURES 

Stock may crash up to 976 level today & may touch 954 level on (or) before expiry. 

On Positive side, short covering may be restricted up to 1110 level today & 1159 level on (or) before expiry.

 

SPOT INDEX LEVELS
NSE Nifty Index   5007.90 ( -0.56 %) -28.10       
 1 23
Resistance 5034.725061.53   5087.37  
Support 4982.074956.23 4929.42


BSE Sensex  16780.46 ( -0.47 %) -79.22      
 1 23
Resistance 16870.3016960.14 17042.51
Support 16698.0916615.72 16525.88

FUNDS DATA
FII trading activity on NSE and BSE in Capital Market Segment(In Rs. Crores)
Category DateBuy Value Sell ValueNet Value
FII25-Jan-2010 1618.082620.68 -1002.6
DII trading activity on NSE and BSE in Capital Market Segment(In Rs. Crores)
Category DateBuy Value Sell ValueNet Value
DII25-Jan-2010 1783.821067.6 716.22

--
Arvind Parekh
+ 91 98432 32381