Market Outlook 2nd July 2010

Strong & Weak Stocks

This is list of 10 strong stocks: 

Hind Petro, BPCL, GTL Infra, Aban Off shore, BRFL, IDFC, TV-18, ONGC, Idea & Orchid Chem.  

And this is list of 10 Weak Stocks: 

Jindal Steel, Wipro, Sail, India Cement, Tata Steel, TCS, Sesa Goa, Hindalco, Orient Bank & Petronet.

The daily trend of nifty is in Uptrend 

• Supp / Resis SPOT/ CASH LEVELS

Indices		Supp/Resis	1	2	3
	Nifty	Resistance	5298.60	5345.80	5379.05
		Support	5218.15	5184.90	5137.70
	Sensex	Resistance	17640.64	17771.96	17864.57
		Support	17416.71	17324.10	17192.78

Buy / Sell (Jul 01, 2010)
	Buy					Sell	Net
FII	1549.36					1709.97	- 160.61
DII	1153.52					1160.22	- 6.70

*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