Strong & Weak Stocks
This is list of 10 strong stocks:
RCOM, Dr Reddy, Asian Paint, UCO Bank, Colpal, Vijaya Bank, Federal Bank, ONGC , TV-18 & Renuka.
And this is list of 10 Weak stocks:
Aban Off shore, Grasim, KS Oils, Hindalco, MLL, Punj Lloyd, Triveni, Suzlon, Tata Steel & Bhushan Steel.
The daily trend of nifty is in Uptrend
 Corporate News Headline | |
| • | Bharti Airtel will offer affordable rates in Africa to boost usage, but has no plan for a price war, a top company executive said. (BS) |
| • | Oil and Natural Gas Corporation said it expects insurance premium for offshore assets to rise sharply following an oil leak in the Gulf of Mexico that has been described as the worst in the US history. (BS) |
| • | BHEL has tied-up with French firm Alstom to jointly bid for the Chennai metro project. "We have signed in-principle agreement with Alstom for the Chennai metro project, but the equity portion is yet to be decided," BHEL Chairman and Managing Director B P Rao said. (BS) |
| | |
| Economic and Political Headline | |
| • | The government has a cash balance of around Rs. 480 bn with the Reserve Bank currently and will spend it gradually rather than at one go, three sources with direct knowledge of the issue said. The RBI is ready to expand liquidity support to the system if the need arises, a source said, adding that the bank has its own estimate of the expected outflow as a result of advance taxes as well as payment towards the broadband wireless access spectrum. (BS) |
| • | China's inflation rate, export growth and bank loans exceeded economists' forecasts in May. Consumer prices rose 3.1% from a year earlier, exports jumped about 50% and new loans totaled USD 92.3 bn. (Bloomberg) |
| • | Japanese machinery orders rose more than economists estimated, signaling companies are preparing to spend again as the economy recovers and earnings rebound. Orders, an indicator of business investment in three to six months, climbed 4% in April from March, a second straight increase, the Cabinet Office said in Tokyo. (Bloomberg) |
 | 5025.80 | ( 0.51 %) | 25.50 |  |
| 1 | 2 | 3 | ||
| Resistance | 5040.57 | 5080.83 | 5111.07 | |
| Support | 4970.07 | 4939.83 | 4899.57 | |
 | 16743.99 | ( 0.52 %) | 86.10 | | |
| 1 | 2 | 3 | |||
| Resistance | 16786.63 | 16915.38 | 17013.06 | ||
| Support | 16560.20 | 16462.52 | 16333.77 | ||
Derivatives EOD Report on
http://www.indiabulls.com/securities/mailermis/derivative-strategy/derivative-EOD-09-Jun-2010.htm
Derivative Stratagey today on http://www.indiabulls.com/securities/mailermis/derivative-strategy/derivative-strategy-10-Jun-2010.htm
http://www.indiabulls.com/securities/mailermis/derivative-strategy/derivative-EOD-09-Jun-2010.htm
Derivative Stratagey today on http://www.indiabulls.com/securities/mailermis/derivative-strategy/derivative-strategy-10-Jun-2010.htm
CASH SUPP / RESISTANCE
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| *LTP stands for Last Traded Price as on Thursday, June 10, 2010 11:23:35 AM | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
#1R1 stands for Resistance level 1 @1S1 stands for Support level 1 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| #2R2 stands for Resistance level 2 @2S2 stands for Support level 2 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
#3R3 stands for Resistance level 3 @3S3 stands for Support level 3 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
The levels given above are with respect to previous closing price on the NSE / BSE. |
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Disclosure: I don't have any positions in the above said scrips & NIFTY
FUTURES.
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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.
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--
Arvind Parekh
+ 91 98432 32381
--
Arvind Parekh
+ 91 98432 32381
