Strong & Weak Stocks
This is list of 10 strong stocks:
Godrej Ind, Ispat Ind, Ultra Cem, SBIN, KFA, Ambuja Cement, Apollo Tyre, Hindalco, Renuka & Canara Bank.
And this is list of 10 Weak stocks:
Hero Honda, KS Oils, GSPL, Cairn India, RCOM, Chennai Petro, Sesa Goa, Cipla, Punj Lloyd & Wipro.
The daily trend of nifty is in Uptrend
TRADING CALLS 14th Sep
BUY ADANI SL 680 T 770
BUY ABNOVO SL 850 T 970
BUY ANDRABANK T 182 SL 160
BUY APOLLO SL 415 T 474
BUY BANKINDIA SL 480 T 550
BUY CANARABANK SL 560 T 635
BUY CASTROL SL 510 T 580
BUY CENTRALBANL SL 185 T 210
BUY CORPBANK SL 630 T 710
BUY HDFC SL 640 T 730
BUY INDUSBANK SL 135 T 152
BUY MNM SL 645 T 730
BUY SBIBANK SL 3060 T 3460
BUY SOUTH INDIAN BANK SL 205 T 233
POSITIONAL CALLS(3-5 DAYS)
BUY ICICI SL 1030 T 1120 1220
BUY YESBANK SL 320 T 340 350
BUY HDFC SL 640 T 665 690
BUY GAIL SL 460 T 480 490
BUY DENABANK SL 110 T 120 125
BUY BEL SL 1700 T 1880 1960
BUY HDIL SL 275 T 290 295
BUY SESAGOA SL 310 T 330 340
BUY WIPRO SL 395 T 415 425
BUY LIC SL 1140 T 1240 1340
BUY IOC SL 380 T 440 460
BUY HPCL SL 475 T 575 675
BUY SAIL SL 185 T 210 220
BUY CENTEX SL 510 T 540 550
BUY JSWSTEEL SL 1200 T 1260 1280
- Supp / Resis SPOT/CASH LEVELS FOR INTRADAY TRADE
| Indices | Supp/Resis | 1 | 2 | 3 |
 | Nifty | Resistance | 5807.33 | 5854.67 | 5938.73 |
| Support | 5675.93 | 5591.87 | 5544.53 |
| Sensex | Resistance | 19352.74 | 19497.16 | 19750.87 |
| Support | 18954.61 | 18700.90 | 18556.48 |
SUPPORT/ CASH LEVELS FOR INTRADAY TRADING
Company Name  | Exchange | LTP* | R1 #1 | S1 @1 | R2 #2 | S2 @2 | R3 #3 | S3 @3 | | Ambuja Cements Ltd. | NSE | 139.35 | 141.72 | 135.97 | 144.08 | 132.58 | 147.47 | 130.22 | | Apollo Tyres Ltd. | NSE | 84.30 | 86.38 | 83.03 | 88.47 | 81.77 | 89.73 | 79.68 | | Bank of Baroda | NSE | 867.90 | 877.27 | 851.27 | 886.63 | 834.63 | 903.27 | 825.27 | | Bank of India | NSE | 500.00 | 505.80 | 493.10 | 511.60 | 486.20 | 518.50 | 480.40 | | Banking Index Benchmark Exchange Traded Scheme (Bank BeES) | NSE | 1191.62 | 1227.41 | 1125.41 | 1263.21 | 1059.21 | 1329.41 | 1023.41 | | Cairn India Ltd. | NSE | 327.05 | 329.95 | 325.10 | 332.85 | 323.15 | 334.80 | 320.25 | | Canara Bank | NSE | 578.25 | 590.12 | 566.27 | 601.98 | 554.28 | 613.97 | 542.42 | | Chennai Petroleum Corporation Ltd. | NSE | 247.75 | 252.70 | 239.90 | 257.65 | 232.05 | 265.50 | 227.10 | | Cipla Ltd. | NSE | 305.55 | 308.80 | 303.45 | 312.05 | 301.35 | 314.15 | 298.10 | | Godrej Consumer Products Ltd. | NSE | 401.10 | 403.73 | 398.73 | 406.37 | 396.37 | 408.73 | 393.73 | | Godrej Industries Ltd. | NSE | 241.25 | 246.52 | 237.57 | 251.78 | 233.88 | 255.47 | 228.62 | | Gujarat Ambuja Exports Ltd. | NSE | 29.35 | 30.27 | 28.77 | 31.18 | 28.18 | 31.77 | 27.27 | | Gujarat Fluorochemicals Ltd. | NSE | 224.65 | 228.10 | 222.10 | 231.55 | 219.55 | 234.10 | 216.10 | | Gujarat Mineral Development Corporation Ltd. | NSE | 136.70 | 137.97 | 135.22 | 139.23 | 133.73 | 140.72 | 132.47 | | Gujarat NRE Coke Ltd. | NSE | 64.75 | 65.85 | 63.80 | 66.95 | 62.85 | 67.90 | 61.75 | | Gujarat State Fertilizer & Chemicals Ltd. | NSE | 310.05 | 314.70 | 306.70 | 319.35 | 303.35 | 322.70 | 298.70 | | Gujarat State Petronet Ltd. | NSE | 111.70 | 115.67 | 108.77 | 119.63 | 105.83 | 122.57 | 101.87 | | Hero Honda Motors Ltd. | NSE | 1727.70 | 1743.35 | 1717.60 | 1759.00 | 1707.50 | 1769.10 | 1691.85 | | Hindalco Industries Ltd. | NSE | 191.05 | 194.70 | 185.20 | 198.35 | 179.35 | 204.20 | 175.70 | | Ispat Industries Ltd. | NSE | 21.95 | 22.40 | 21.35 | 22.85 | 20.75 | 23.45 | 20.30 | | K S Oils Ltd. | NSE | 50.30 | 51.50 | 49.60 | 52.70 | 48.90 | 53.40 | 47.70 | | Kingfisher Airlines Ltd. | NSE | 68.15 | 68.87 | 67.47 | 69.58 | 66.78 | 70.27 | 66.07 | | NSE Index | NSE | 5760.00 | 5807.33 | 5675.93 | 5854.67 | 5591.87 | 5938.73 | 5544.53 | | Punj Lloyd Ltd. | NSE | 112.65 | 113.98 | 111.53 | 115.32 | 110.42 | 116.43 | 109.08 | | Punjab National Bank | NSE | 1245.95 | 1265.32 | 1226.07 | 1284.68 | 1206.18 | 1304.57 | 1186.82 | | Reliance Capital Ltd. | NSE | 778.20 | 784.47 | 771.47 | 790.73 | 764.73 | 797.47 | 758.47 | | Reliance Communications Ltd. | NSE | 162.75 | 165.33 | 160.83 | 167.92 | 158.92 | 169.83 | 156.33 | | Reliance Industrial InfraStructure Ltd. | NSE | 889.10 | 900.73 | 878.73 | 912.37 | 868.37 | 922.73 | 856.73 | | Reliance Industries Ltd. | NSE | 992.50 | 1003.55 | 973.40 | 1014.60 | 954.30 | 1033.70 | 943.25 | | Reliance Natural Resources Ltd. | NSE | 39.15 | 39.72 | 38.37 | 40.28 | 37.58 | 41.07 | 37.02 | | Reliance Power Ltd. | NSE | 157.10 | 158.50 | 155.15 | 159.90 | 153.20 | 161.85 | 151.80 | | Sesa Goa Ltd. | NSE | 323.15 | 328.30 | 315.20 | 333.45 | 307.25 | 341.40 | 302.10 | | State Bank of India | NSE | 3148.55 | 3212.68 | 3037.73 | 3276.82 | 2926.92 | 3387.63 | 2862.78 | | State Bank of Mysore | NSE | 1046.15 | 1071.77 | 1020.77 | 1097.38 | 995.38 | 1122.77 | 969.77 | | State Bank of Travancore | NSE | 915.35 | 946.50 | 862.30 | 977.65 | 809.25 | 1030.70 | 778.10 | | State Trading Corporation Of India Ltd. | NSE | 411.90 | 418.47 | 407.87 | 425.03 | 403.83 | 429.07 | 397.27 | | UltraTech Cement Ltd. | NSE | 1055.50 | 1084.33 | 1024.33 | 1113.17 | 993.17 | 1144.33 | 964.33 | | Wipro Ltd. | NSE | 403.20 | 409.93 | 398.53 | 416.67 | 393.87 | 421.33 | 387.13 | |
|
|
*LTP stands for Last Traded Price as on Monday, September 13, 2010 4:04:18 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.
|
Derivatives EOD Report on
http://www.indiabulls.com/securities/mailermis/derivative-strategy/derivative-EOD-13-Sep-2010.htm
 Corporate News Headline |
| • | HCL Infosystems has bagged a contract worth Rs. 1 bn from Himachal Pradesh for providing data and IT applications for energy accounting/auditing and IT-based consumer service centres. (BS) |
| • | ONGC said it has sent a reminder to UK's Cairn Energy Plc regarding the proposed sale of shares of Cairn India Ltd to billionaire Anil Agarwal-led Vedanta Resources. (BS) |
| • | ARSS Infrastructure has bagged an order worth Rs. 937.2 mn from the Rajasthan government for construction-related work. The company received a work order from Rajasthan State Road Development Corporation, Jaipur. (BS) |
 |
| Economic and Political Headline |
| • | The Finance Ministry said safe harbour rule—a set of norms that would enable the income tax authorities to accept without scrutiny the tax returns by the Indian units of foreign companies - would be soon put in place. (BS) |
| • | Europe's economy may grow almost twice as fast as previously forecast this year with a more "moderate" expansion in the second half, the European Commission said. Gross domestic product in the 16-nation euro region will likely increase 1.7% this year instead of the 0.9%, the Brussels-based commission said. (Bloomberg) |
| • | European Central Bank President Jean-Claude Trichet said he's confident US authorities will implement the new Basel rules on banking regulation. "I have full confidence in the US authorities concerned, and all the authorities concerned, that were here, to implement the standards," Trichet said. (Bloomberg)
|
|
| US and European markets |
| Index | Latest | 1D Chg | YTD | | Nasdaq | 1921.67 | 1.55% | 3.30% | | DJIA | 10544.13 | 0.78% | 1.11% | | S&P 500 | 1121.90 | 1.11% | 0.61% | | • | US stocks rose as surging Chinese output and a forecast for faster European growth raised confidence in the economy. Banks jumped as regulators gave firms more time than expected to meet capital requirements. The NASDAQ, Dow Jones and S&P 500 gained 1.55%, 0.78% and 1.11%, respectively. JPMorgan Chase & Co. and Bank of America Corp. rose at least 3% Alcoa Inc. and General Electric Co. gained more than 1.6%. Microsoft Corp. jumped 5.3% as a person familiar with the matter said the software maker will sell debt to fund dividends and buybacks. | | Index | Latest | 1D Chg | YTD | | FTSE 100 | 5565.53 | 1.16% | 2.82% | | CAC 40 | 3767.15 | 1.11% | (4.30)% | | • | UK stocks rose, led by a rally in banks after regulators agreed a compromise on the amount of capital lenders must hold as they attempt to avert a repeat of the 2008 financial crisis. The FTSE 100 gained 63.89 points or 1.16% at 5,565.53. Royal Bank of Scotland Group Plc and Lloyds Banking Group Plc rallied more than 2% after the Basel Committee on Banking Supervision gave firms more time to comply with the new rules. Xstrata Plc and Kazakhmys Plc advanced with metal prices while Prudential Plc jumped 3.1% amid speculation that Chinese investors might make a takeover offer for the insurer. | |
| Buy / Sell (Sep 13, 2010) |
| | Buy | Sell | Net |
| FII | 4589.56 | 2069.68 | +2519.88 |
| DII | 1193.63 | 2154.44 | - 960.91 |
*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
