Friday, August 20, 2010

Market Outlook 20th Aug 2010

Strong & Weak Stocks
This is list of 10 strong stocks: 
UCO Bank, KFA, Petronet, Vijaya Bank, Tata Motors, Tata Chem, Bhushan Steel, Yes Bank, Grasim & Tata Comm. 
And this is list of 10 Weak Stocks: 
Suzlon, RNRL, RCOM, Sesa Goa, Punj Lloyd, Aban Off shore, National Alum, R Power, Cipla & Rel Infra.
The daily trend of nifty is in Uptrend

  • Supp / Resis SPOT/ CASH LEVELS FOR INTRADAY TRADING
Indices Supp/Resis1 23
Nifty Resistance 5563.905587.60 5630.50
Support 5497.305454.40 5430.70
Sensex Resistance 18527.97 18601.01 18726.74
Support 18329.20 18203.47 18130.43

Derivative EOD Report on http://www.indiabulls.com/securities/mailermis/derivative-strategy/derivative-EOD-19-Aug-2010.htm

SUPPORT/ RESISTANCE IN CASH MARKET LEVELS FOR INTRADAY TRADING
Company Name  Exchange LTP* R1 #1 S1 @1 R2 #2 S2 @2 R3 #3 S3 @3
Aban Offshore Ltd. NSE 836.35 862.57 793.57 888.78 750.78 931.57 724.57
Bank of Baroda NSE 831.50 843.65 823.70 855.80 815.90 863.60 803.75
Bank of India NSE 467.00 473.73 457.88 480.47 448.77 489.58 442.03
Banking Index Benchmark Exchange Traded Scheme (Bank BeES) NSE 1110.61 1120.41 1100.41 1130.20 1090.20 1140.41 1080.41
Bhushan Steel Ltd. NSE 1798.70 1860.60 1715.90 1922.50 1633.10 2005.30 1571.20
Cipla Ltd. NSE 304.50 306.72 302.92 308.93 301.33 310.52 299.12
Grasim Industries Ltd. NSE 2136.85 2167.82 2084.07 2198.78 2031.28 2251.57 2000.32
Kingfisher Airlines Ltd. NSE 61.40 64.43 56.63 67.47 51.87 72.23 48.83
National Aluminium Company Ltd. NSE 398.85 410.03 392.33 421.22 385.82 427.73 374.63
NSE Index NSE 5540.20 5563.90 5497.30 5587.60 5454.40 5630.50 5430.70
Petronet LNG Ltd. NSE 112.40 116.73 104.78 121.07 97.17 128.68 92.83
Punj Lloyd Ltd. NSE 116.40 117.53 115.13 118.67 113.87 119.93 112.73
Punjab National Bank NSE 1192.65 1201.25 1181.80 1209.85 1170.95 1220.70 1162.35
Reliance Capital Ltd. NSE 770.90 778.88 757.53 786.87 744.17 800.23 736.18
Reliance Communications Ltd. NSE 163.60 165.30 162.45 167.00 161.30 168.15 159.60
Reliance Industries Ltd. NSE 977.20 986.83 965.63 996.47 954.07 1008.03 944.43
Reliance Infrastructure Ltd. NSE 1063.25 1083.77 1036.77 1104.28 1010.28 1130.77 989.77
Reliance Natural Resources Ltd. NSE 38.05 38.52 37.32 38.98 36.58 39.72 36.12
Reliance Power Ltd. NSE 153.50 154.87 151.77 156.23 150.03 157.97 148.67
Sesa Goa Ltd. NSE 328.65 333.93 323.33 339.22 318.02 344.53 312.73
Suzlon Energy Ltd. NSE 50.20 51.13 48.63 52.07 47.07 53.63 46.13
Tata Chemicals Ltd. NSE 401.25 412.28 390.18 423.32 379.12 434.38 368.08
Tata Coffee Ltd. NSE 488.80 495.73 483.68 502.67 478.57 507.78 471.63
Tata Communications Ltd. NSE 334.45 339.30 329.80 344.15 325.15 348.80 320.30
Tata Consultancy Services Ltd. NSE 872.05 879.53 865.93 887.02 859.82 893.13 852.33
Tata Elxsi Ltd. NSE 252.00 255.83 249.08 259.67 246.17 262.58 242.33
Tata Motors Ltd. NSE 1040.45 1049.65 1031.60 1058.85 1022.75 1067.70 1013.55
Tata Power Company Ltd. NSE 1301.60 1319.92 1286.87 1338.23 1272.13 1352.97 1253.82
Tata Steel Ltd. NSE 522.30 528.37 517.32 534.43 512.33 539.42 506.27
Tata Teleservices (Maharashtra) Ltd. NSE 24.55 24.75 24.30 24.95 24.05 25.20 23.85
UCO Bank NSE 115.55 118.27 111.72 120.98 107.88 124.82 105.17
Vijaya Bank NSE 85.90 87.60 83.85 89.30 81.80 91.35 80.10
YES Bank Ltd. NSE 342.70 348.90 332.25 355.10 321.80 365.55 315.60
   *LTP stands for Last Traded Price as on Thursday, August 19, 2010 4:04:11 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 (Aug 19, 2010)
 BuySell Net
FII3029.902208.72 +821.18
DII1303.151088.06 +215.09

*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