Tuesday, July 6, 2010

Market Outlook 6th July 2010

Strong & Weak Stocks
This is list of 10 strong stocks: 
Hind Petro, BPCL, Orchid Chem, Aban Off shore, GTL Infra, Nagarjuna Const, BRFL, ONGC, IDFC & Chambal Fert.  
And this is list of 10 Weak Stocks: 
HCL Tech, Sesa Goa, Jindal Steel, Sail, Hind Zinc, India Cement, Sterling Biotech, JSW Steel, Tata Steel & SCI.
The daily trend of nifty is in Uptrend 

  • Supp / Resis SPOT / CASH LEVELS
Indices Supp/Resis1 23
Nifty Resistance 5250.485265.07 5277.38
Support 5223.585211.27 5196.68
Sensex Resistance 17490.20 17538.96 17572.19
Support 17408.21 17374.98 17326.22


Company Name  Exchange LTP* R1 #1 S1 @1 R2 #2 S2 @2 R3 #3 S3 @3
Aban Offshore Ltd. NSE 812.80 832.68 801.03 852.57 789.27 864.33 769.38
Bank of Baroda NSE 715.35 720.23 710.23 725.12 705.12 730.23 700.23
Bank of India NSE 364.60 369.63 356.78 374.67 348.97 382.48 343.93
Banking Index Benchmark Exchange Traded Scheme (Bank BeES) NSE 950.93 981.47 928.92 1012.01 906.91 1034.02 876.37
Bharat Electronics Ltd. NSE 1750.10 1761.73 1731.73 1773.37 1713.37 1791.73 1701.73
Bharat Heavy Electricals Ltd. NSE 2359.60 2387.20 2341.75 2414.80 2323.90 2432.65 2296.30
Bharat Petroleum Corporation Ltd. NSE 658.75 672.67 649.62 686.58 640.48 695.72 626.57
Bharti Airtel Ltd. NSE 267.45 269.22 264.42 270.98 261.38 274.02 259.62
Bombay Dyeing & Manufacturing Company Ltd. NSE 492.50 502.77 481.47 513.03 470.43 524.07 460.17
Bombay Rayon Fashions Ltd. NSE 249.80 255.67 245.22 261.53 240.63 266.12 234.77
Chambal Fertilisers & Chemicals Ltd. NSE 68.85 69.75 67.70 70.65 66.55 71.80 65.65
GTL Infrastructure Ltd. NSE 43.85 45.73 42.73 47.62 41.62 48.73 39.73
HCL Technologies Ltd. NSE 355.25 358.97 351.27 362.68 347.28 366.67 343.57
Hindalco Industries Ltd. NSE 141.65 143.88 140.33 146.12 139.02 147.43 136.78
Hindustan Construction Company Ltd. NSE 117.05 117.98 116.33 118.92 115.62 119.63 114.68
Hindustan Motors Ltd. NSE 23.20 23.68 22.88 24.17 22.57 24.48 22.08
Hindustan Petroleum Corporation Ltd. NSE 466.45 475.78 459.33 485.12 452.22 492.23 442.88
Hindustan Zinc Ltd. NSE 943.55 953.03 934.53 962.52 925.52 971.53 916.03
India Cements Ltd. NSE 106.50 107.57 105.82 108.63 105.13 109.32 104.07
Indian Bank NSE 223.10 248.73 208.73 274.37 194.37 288.73 168.73
Indian Hotels Company Ltd. NSE 103.95 105.00 102.60 106.05 101.25 107.40 100.20
Indian Oil Corporation Ltd. NSE 398.80 402.65 395.30 406.50 391.80 410.00 387.95
Indian Overseas Bank NSE 102.80 103.43 102.33 104.07 101.87 104.53 101.23
Jindal Saw Ltd. NSE 197.60 199.03 196.08 200.47 194.57 201.98 193.13
JSW Steel Ltd. NSE 1028.75 1036.15 1023.20 1043.55 1017.65 1049.10 1010.25
NSE Index NSE 5235.90 5250.48 5223.58 5265.07 5211.27 5277.38 5196.68
Oil & Natural Gas Corporation Ltd. NSE 1285.40 1302.77 1275.17 1320.13 1264.93 1330.37 1247.57
Orchid Chemicals & Pharmaceuticals Ltd. NSE 173.10 175.40 170.05 177.70 167.00 180.75 164.70
Shipping Corporation of India Ltd. NSE 157.65 158.97 156.27 160.28 154.88 161.67 153.57
Steel Authority of India (SAIL) Ltd. NSE 190.35 191.43 189.18 192.52 188.02 193.68 186.93
Sterling Biotech Ltd. NSE 106.75 108.70 105.40 110.65 104.05 112.00 102.10
Tata Motors Ltd. NSE 763.20 775.60 754.95 788.00 746.70 796.25 734.30
Tata Steel Ltd. NSE 471.75 475.23 469.13 478.72 466.52 481.33 463.03
   *LTP stands for Last Traded Price as on Monday, July 05, 2010 4:04:52 PM
    #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. 
Buy / Sell (Jul 05, 2010)
 BuySell Net
FII877.941098.49 -220.55
DII572.7462.97 -51.23


*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