Strong & Weak futures
This is list of 10 strong future:
Titan, Triveni, Lupin, BOB, Cummins Ind., Indusind Bk, Chambal Fert, SunTV, ,Siemens & GTL Infra.
And this is list of 10 Weak futures:
IOB, Praj Ind, Orchid Chem, EKC, India Info, ICSA, Aban, Sterlite Inds, LITL & LT.
Nifty is in Down trend
NIFTY FUTURES (F & O):
Above 4850 level, expect short covering up to 4900-4902 zone and thereafter expect a jump up to 4950-4952 zone by non-stop.
Support at 4812 level. Below this level, selling may continue up to 4795-4797 zone by non-stop.
Below 4745-4747 zone, expect panic up to 4696-4698 zone by non-stop.
On Positive Side, cross above 4999-5001 zone can take it up to 5049-5051 zone by non-stop. Supply expected at around this zone and have caution.
Short-Term Investors:
Bearish Trend.
Down Side Target at 4657.25.
Stop Loss at 5252.75.
Equity:
THINKSOFT (NSE Cash)
Explosive. Upward Target as per Daily Chart is at 513 level.
Stop Loss is at 460 level.
Support Levels: 464,469 & 472 levels.
Resistance Levels: 482,489,494,498,503 & 506 levels.
COX&KINGS (NSE Cash)
Explosive. Upward Target as per Daily Chart is at 434 level.
Stop Loss is at 411 level.
Support Levels: 413 & 414 levels.
Resistance Levels: 422,425 & 427 levels.
SBIN (NSE Cash)
Weak. Downward Target as per Daily Chart is at 1901 level.
Stop Loss is at 2045.00 level.
Resistance Levels: 1998,2010 & 2030 levels.
Support Levels: 1907,1926,1940 & 1959 levels.
ICICIBANK (NSE Cash)
Weak. Downward Target as per Daily Chart is at 787 level.
Stop Loss is at 842.00 level.
Resistance Levels: 827,833 & 841 levels.
Support Levels: 792,800,806 & 811 levels.
ZANDUPHARM (NSE Cash):
Bulls may get trapped at higher levels during intra-day trades today. Expect Negative News within 9 days.
ONGC (NSE Cash):
Bulls may get trapped at higher levels during intra-day trades today. Expect Negative News within 3 days.
JINDALSAW (NSE Cash):
Bulls may get trapped at higher levels during intra-day trades today. Expect Positive News within 5 days.
EMAMILTD (NSE Cash):
Bulls may get trapped at higher levels during intra-day trades today. Expect Positive News within 9 days.
ADANIENT (NSE Cash):
Bulls may get trapped at higher levels during intra-day trades today. Expect Negative News within 7 days.
OPTIONS (NSE):
NIFTY 4800 PUT OPTION
Explosive. If rally continues, then it can zoom up to 181 level by non-stop.
If Profit Booking starts, then expect slide up to 62 level by non-stop.
Support Levels: 70,77 & 101 levels.
Resistance Levels: 124,128,141,154 & 171 levels.
TCS 760 PUT OPTION
Explosive. If rally continues, then it can zoom up to 57 level by non-stop.
If Profit Booking starts, then expect slide up to 23 level by non-stop.
Support Levels: 26,27,30,33 & 35 levels.
Resistance Levels: 42,46,49,50 & 54 levels.
STOCK FUTURES (NSE):
DRREDDY FUTURES
Sideways Pattern with Positive bias. Upward Target at 1192 level.
Stop Loss is at 1123 level.
Support Levels: 1127,1138 & 1150 levels.
Resistance Levels: 1173 & 1188 levels.
BAJAJHIND FUTURES
Stock may crash up to 179 level today & may crash up to 159 level on (or) before expiry.
On Positive side, short covering may be restricted up to 210 level today & 267 level on (or) before expiry.
 | 4830.10 | ( -1.42 %) | -69.60 |  |
| 1 | 2 | 3 | ||
| Resistance | 4916.13 | 5002.17 | 5053.18 | |
| Support | 4779.08 | 4728.07 | 4642.03 | |
 | 16163.44 | ( -1.18 %) | -192.59 | | |
| 1 | 2 | 3 | |||
| Resistance | 16416.58 | 16669.71 | 16813.45 | ||
| Support | 16019.71 | 15875.97 | 15622.84 | ||
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 | 02-Feb-2010 | 2475.64 | 2930.65 | -455.01 |
| DII trading activity on NSE and BSE in Capital Market Segment(In Rs. Crores) | ||||
| Category | Date | Buy Value | Sell Value | Net Value |
| DII | 02-Feb-2010 | 1047.24 | 1005.31 | 41.93 |
Indian Consumer Stocks Downgraded at Morgan Stanley
Feb. 3 (Bloomberg) -- Indian consumer stocks were cut to "cautious" from "in-line" at Morgan Stanley, which cited rising competition and slowing revenue growth.
Higher marketing expenses, Hindustan Unilever Ltd.'s bid to seek growth through market share and Procter & Gamble Co.'s increased investments in India are among "key sources of pressure" for the industry, Morgan Stanley analysts Hozefa Topiwalla and Girish Achhipalia wrote in a report today.
"A potential rise in competitive pressures is likely to spill over into stock valuations," they said.
Consumer companies have lagged behind the 78 percent rally in the Bombay Stock Exchange's benchmark Sensitive Index over the past 12 months. Hindustan Unilever fell 11 percent during the period, the worst performer among the gauge's 30 members. The stock has dropped every day since the CNBC-TV18 reported on Jan. 29 it may cut detergent prices by as much as 30 percent.
The analysts downgraded Dabur India Ltd. to "equal- weight" from "overweight," saying that its valuations appear "less compelling." They also lowered their share-price estimates for Hindustan Unilever and Godrej Consumer Products Ltd., while raising price forecasts for Colgate-Palmolive (India) Ltd., Marico Ltd. and Tata Tea Ltd.
Dabur, a maker of products ranging from shampoos to beverages, has gained 87 percent in the past year and is currently trading at 36 times reported earnings. The Sensex has a multiple of 24 times.
The analysts reiterated their "underweight" ratings on Hindustan Unilever and Colgate-Palmolive and maintained their "overweight" recommendations for ITC Ltd. and Tata Tea.
India's Infosys, Tata Consultancy reportedly hiring new staff
Infosys Technologies Ltd. and Tata Consultancy Services Ltd. both plan to continue increasing staff in the fourth quarter, the Press Trust of India reported Tuesday, citing company executives.
"We have made gross additions of over 21,000 people, including subsidiaries till Q3 FY '10. With utilizations at optimum levels, we will look at aggressive hiring in the current quarter," the PTI quoted TCS' vice president and head of global human resources, Ajoy Mukherjee, as saying.
"Infosys will be hiring 6,000 people in Q4 FY'10...With this, the total gross hiring in FY '10 will be 24,000 (gross)," an Infosys spokesperson said
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Chinese Attacks on Google a 'Wake-Up Call' for US: Blair
Legislation poses risks for U.S. bank system: S&P
A White House proposal to curb excessive risk-taking by banks has sparked fears it could crimp banks' access to funding, which Standard & Poor's on Tuesday said might cause it to downgrade its U.S. banking system assessment.
Pending home sales edge up, vacancies rise
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Arvind Parekh
+ 91 98432 32381
Arvind Parekh
+ 91 98432 32381
