Strong & Weak stocks,
This is list of 10 strong stocks:
Chambal Fert, Titan, Triveni, Dabur, SunTV, Asian Paint, BOB, Chennai Petro, Cummins Ind & BRFL.
And this is list of 10 Weak stocks:
ICSA, Bajaj Hind, Orchid Chem, Ranbaxy, Renuka, JP Associat, EKC, India Info, HIndalco & IOB.,
Nifty is in Down trend
--
Arvind Parekh
+ 91 98432 32381
 | 4792.65 | ( 0.68 %) | 32.25 |  |
| 1 | 2 | 3 | ||
| Resistance | 4822.25 | 4851.85 | 4893.30 | |
| Support | 4751.20 | 4709.75 | 4680.15 | |
 | 16042.18 | ( 0.67 %) | 106.57 | | |
| 1 | 2 | 3 | |||
| Resistance | 16136.57 | 16230.97 | 16367.80 | ||
| Support | 15905.34 | 15768.51 | 15674.11 | ||
NIFTY FUTURES (F & O):
Above 4797-4799 zone, rally may continue up to 4807 level and thereafter expect a jump up to 4828-4830 zone by non-stop.
Support at 4766 & 4783 levels. Below these levels, expect profit booking up to 4733-4735 zone and thereafter slide may continue up to 4702-4704 zone by non-stop.
Buy if touches 4692-4694 zone. Stop Loss at 4661-4663 zone.
On Positive Side, cross above 4838-4840 zone can take it up to 4869-4871 zone by non-stop. If crosses & sustains this zone then uptrend may continue.
Short-Term Investors:
Bearish Trend.
Down Side Target at 4424.10.
Stop Loss at 4949.90.
Equity:
INFOSYSTCH (NSE Cash)
Buy with a Stop Loss of 2394 level.
Upward Target as per Daily Chart is at around 2572 level.
Related News:
"We reiterate our positive stance on the three Tier-I companies (Infosys, Wipro and TCS) and see the recent fall in
stock prices as an opportunity to buy these names," Kotak Securities said in a note.
"We also find the street's concerns on valuations and
potential negative impact of recent political news flow in the U.S. a bit overdone," it said.
ICICIBANK (NSE Cash)
Buy with a Stop Loss of 791 level.
Upward Target as per Daily Chart is at around 847 level.
Related News:
Icici Bank Ltd has informed the Exchange that the Bank has allotted 32,570 equity shares of face value of Rs. 10/- each on February 08, 2010 under Employees Stock Option Scheme, 2000 (ESOS).
BHARTIARTL (NSE Cash):
Bulls may get trapped at higher levels during intra-day trades today. Expect Positive News within 7 days.
AXISBANK (NSE Cash):
Bulls may get trapped at higher levels during intra-day trades today. Expect Negative News within 3 days.
TATAMOTORS (NSE Cash):
Bulls may get trapped at higher levels during intra-day trades today. Expect Negative News within 2 days.
SAIL (NSE Cash):
Bulls may get trapped at higher levels during intra-day trades today. Expect Negative News within 2 days.
RCF (NSE Cash):
Bulls may get trapped at higher levels during intra-day trades today. Expect Negative News within 6 days.
OPTIONS (NSE):
NIFTY 4800 CALL OPTION
Sideways Trend with Positive bias. If rally continues, then it may continue up to 121 level by non-stop.
If profit booking starts, then it can slide up to 80 level by non-stop.
Support Levels: 85 & 91 levels.
Resistance Levels: 111 & 116 levels.
TATASTEEL 540 CALL OPTION
Exit. If selling continues, then it may continue up to 10 level by non-stop.
If short covering starts, then it can zoom up to 29 level by non-stop.
STOCK FUTURES (NSE):
FINANTECH FUTURES
Sideways Pattern with Positive bias. Upward Target as per Daily Chart is at 1503 level.
If correction starts, then risk is too high & Stop Loss is too far at 1389 level.
Related News:
Financial Technologies (India) has fixed 10 February 2010 as the record date for the purpose of determining the eligibility of the shareholders to receive the third interim dividend.
PATNI FUTURES
If rally continues, then it can zoom up to 512 level. Expected Target on (or) before expiry is at around 533 level.
If profit booking starts, then it can slide up to 453 level by non-stop. Stop Loss up to expiry is at around 432 level & too far
on down side.
Related News:
The software services provider was rated new "buy" by Nitin Padmanabhan, an analyst at Centrum Broking Pvt., who set a price estimate of 540 rupees a share.
NTPC Share Sale Gets Maximum Bids at 209 Rupees, CNBC-TV 18 Says
India Economic Potential at Six-Year High, Singh's Adviser Says
India's January Car Sales Rise 32% to Record on Economy, Rates
Indian Stocks to Rise on 'Demand Security,' Says ICICI's Buch
Tata Faces 'Heat' From Daimler, Volvo as India Paves Its Roads
Honda to recall 440,000 cars globally over airbags
Google Gmail tweak challenges Facebook, Twitter
Paulson, Buffett say U.S. needed tough medicine
Obama, Republicans find common ground on jobs
European governments agree to help Greece: source
Roubini says Greece aid "step in right direction"
Wall St rises on reports of help for Greece
Google says very hard to operate in China
Factbox: Senate releases jobs-creation bill
Germany Weighs Greek Aid as Market Drop Spurs Reversal on Eve of EU Summit
Japanese Machinery Orders Rise More-Than-Anticipated 20.1% From Record Low
Greek Strikes to Paralyze Athens as Papandreou's Deficit Drive Challenged
Japan Needs to Be More Flexible on Steel Mergers, Official Says
Gold May Advance as Dollar Falls on Eased EU Debt Concern
Greece Rescue Hopes Fueled By Possible Loan Guarantees
Warren Buffett: I Have Greater Appreciation of Pres. Bush's Handling of Credit Crisis
| FII trading activity on NSE and BSE in Capital Market Segment(In Rs. Crores) | ||||
| Category | Date | Buy Value | Sell Value | Net Value |
| FII | 09-Feb-2010 | 1920.09 | 2445.36 | -525.27 |
| DII trading activity on NSE and BSE in Capital Market Segment(In Rs. Crores) | ||||
| Category | Date | Buy Value | Sell Value | Net Value |
| DII | 09-Feb-2010 | 1153.03 | 753.78 | 399.25 |
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."
--
Arvind Parekh
+ 91 98432 32381
