Strong & Weak stocks
This is list of 10 strong stocks
BRFL, Dish TV, RCOM, Orchid Chem, IOB, Asian Paint, RNRL, Sun Pharma, GTL Infra & Voltas.
And this is list of 10 Weak Stocks
Grasim, Mphasis, Petronet, HCL Tech, DCHL, Chennai Petro, Bank of Baroda, PTC, Tulip & NTPC.
The daily trend of nifty is in Uptrend
| Indices | Supp/Resis | 1 | 2 | 3 |
 | Nifty | Resistance | 5351.08 | 5381.57 | 5414.83 |
| Support | 5287.33 | 5254.07 | 5223.58 |
| Sensex | Resistance | 17839.66 | 17949.08 | 18052.51 |
| Support | 17626.81 | 17523.38 | 17413.96 |
Support /Resistance Levels in Cash Market
| Exchange | LTP* | R1 #1 | S1 @1 | R2 #2 | S2 @2 | R3 #3 | S3 @3 | | Asian Paints Ltd. | NSE | 2459.95 | 2481.00 | 2426.70 | 2502.05 | 2393.45 | 2535.30 | 2372.40 | | Bank of Baroda | NSE | 690.35 | 702.98 | 681.48 | 715.62 | 672.62 | 724.48 | 659.98 | | Banking Index Benchmark Exchange Traded Scheme (Bank BeES) | NSE | 971.58 | 974.72 | 968.72 | 977.86 | 965.86 | 980.72 | 962.72 | | Chennai Petroleum Corporation Ltd. | NSE | 244.05 | 247.07 | 242.02 | 250.08 | 239.98 | 252.12 | 236.97 | | Deccan Chronicle Holdings Ltd. | NSE | 123.85 | 125.80 | 122.60 | 127.75 | 121.35 | 129.00 | 119.40 | | Dish TV India Ltd. | NSE | 45.80 | 46.48 | 45.13 | 47.17 | 44.47 | 47.83 | 43.78 | | Grasim Industries Ltd. | NSE | 1798.75 | 1810.10 | 1785.70 | 1821.45 | 1772.65 | 1834.50 | 1761.30 | | GTL Infrastructure Ltd. | NSE | 42.80 | 43.40 | 42.00 | 44.00 | 41.20 | 44.80 | 40.60 | | HCL Technologies Ltd. | NSE | 364.15 | 371.77 | 354.77 | 379.38 | 345.38 | 388.77 | 337.77 | | India Infoline Ltd. | NSE | 97.85 | 100.72 | 95.97 | 103.58 | 94.08 | 105.47 | 91.22 | | Indian Oil Corporation Ltd. | NSE | 341.40 | 349.42 | 335.77 | 357.43 | 330.13 | 363.07 | 322.12 | | Indian Overseas Bank | NSE | 106.00 | 107.13 | 104.53 | 108.27 | 103.07 | 109.73 | 101.93 | | IndusInd Bank Ltd. | NSE | 199.80 | 203.78 | 196.53 | 207.77 | 193.27 | 211.03 | 189.28 | | MphasiS Ltd. | NSE | 564.45 | 574.80 | 552.10 | 585.15 | 539.75 | 597.50 | 529.40 | | National Aluminium Company Ltd. | NSE | 434.65 | 439.95 | 430.30 | 445.25 | 425.95 | 449.60 | 420.65 | | NSE Index | NSE | 5320.60 | 5351.08 | 5287.33 | 5381.57 | 5254.07 | 5414.83 | 5223.58 | | Orchid Chemicals & Pharmaceuticals Ltd. | NSE | 164.85 | 166.57 | 163.07 | 168.28 | 161.28 | 170.07 | 159.57 | | Power Finance Corporation Ltd. | NSE | 285.80 | 291.30 | 280.90 | 296.80 | 276.00 | 301.70 | 270.50 | | Power Grid Corporation of India Ltd. | NSE | 101.45 | 102.50 | 100.70 | 103.55 | 99.95 | 104.30 | 98.90 | | Reliance Capital Ltd. | NSE | 760.05 | 769.15 | 752.30 | 778.25 | 744.55 | 786.00 | 735.45 | | Reliance Communications Ltd. | NSE | 188.05 | 190.48 | 185.13 | 192.92 | 182.22 | 195.83 | 179.78 | | Reliance Industries Ltd. | NSE | 1052.05 | 1062.80 | 1044.30 | 1073.55 | 1036.55 | 1081.30 | 1025.80 | | Reliance Natural Resources Ltd. | NSE | 63.95 | 64.62 | 63.17 | 65.28 | 62.38 | 66.07 | 61.72 | | Reliance Power Ltd. | NSE | 167.20 | 169.55 | 165.70 | 171.90 | 164.20 | 173.40 | 161.85 | | Sun Pharmaceutical Industries Ltd. | NSE | 1809.80 | 1831.53 | 1781.53 | 1853.27 | 1753.27 | 1881.53 | 1731.53 | | Sun TV Network Ltd. | NSE | 406.00 | 412.67 | 401.67 | 419.33 | 397.33 | 423.67 | 390.67 | | Tulip Telecom Ltd. | NSE | 853.70 | 865.12 | 846.52 | 876.53 | 839.33 | 883.72 | 827.92 | | Voltas Ltd. | NSE | 201.00 | 203.92 | 199.17 | 206.83 | 197.33 | 208.67 | 194.42 | |
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*LTP stands for Last Traded Price as on Thursday, June 24, 2010 4:05:17 PM |
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#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 |
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The levels given above are with respect to previous closing price on the NSE / BSE.
 Corporate News Headline | | • | Alstom has finalised a tripartite joint venture agreement with BHEL and Nuclear Power Corporation of India, a development that would help the company to tap about 45,000 MW of Indian nuclear power market. (BS) | | • | Reliance Industries will invest USD 1.36 bn in shale assets of Pioneer Natural Resources, as the energy major looks to build its presence in the US shale gas sector. (BS) | | • | Food inflation rises to 16.90% for the week ended June 12 from 16.12% in the previous week, government data released today showed. The fuel price index remained unchanged at 13.18% in the year to June 12. The primary articles index was up at 17.60%. (BS) | | | | Economic and Political Headline | | • | Food inflation rises to 16.90% for the week ended June 12 from 16.12% in the previous week, government data released today showed. The fuel price index remained unchanged at 13.18% in the year to June 12. The primary articles index was up at 17.60%. (BS) | | • | Orders for durable goods excluding transportation rose in May for the third time in four months, indicating US manufacturing will help maintain the recovery. The 0.9% increase in bookings for goods meant to last at least three years, excluding autos and aircraft, followed a 0.8% decrease in April, figures from the Commerce Department showed. (Bloomberg) | | • | European industrial orders increased for a third month in April, led by demand for intermediate goods such as car engines. Orders in the euro area rose 0.9% from March, when they jumped 5.1%, the European Union's statistics office said. In the year, April industrial orders rose 22.1% after increasing 20.3% in March. (Bloomberg) | |
| Buy / Sell (Jun 24, 2010) |
| | Buy | Sell | Net |
| FII | 4465.02 | 3311.06 | +1153.96 |
| DII | 1299.33 | 2193.16 | -893.83 |
*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
