Thursday, September 30, 2010

Market Outlook 30th Sep 2010

Strong & Weak  Stocks
This is list of 10 strong stocks: 
Jindal SWHL, KFA, Lic house, Triveni, ABB, GLAXO, Renuka, Tisco, Voltas & IDBI. 
And this is list of 10 Weak stocks: 
Finan Tech, Sterlite, Mcleodruss, Nagarjuna Fertil, Tata Comm, Divi'S Lab, GT Offshore, Polaris, ICSA & Indian Hotel. 
The daily trend of nifty is in Uptrend 

TRADING CALLS
HEAVY RESIS SELL WITH SL  SELL ACC SL 1033 
SELL HINDALCO SL 199 
SELL MARUTI SL 1485 
SEL HDIL SL 281 
SELL RELIANCE SL 1020 
SELL RELCAP SL 828 
SELL JPASOO SL 127 
SELL ONGC SL 1485 
SELL UNITECH SL 90 
SELL BHEL SL 2510 
SELL TELCO SL 1115 
SELL INFOSYS SL 3030 
SELL DLF SL 392 
SELL SBIBANK SL 3225 
SELL LIC SL 1515 
SELL TCS SL 938 
SELL SESAGOA SL 341 
SELL RELINFRA SL 1135 

TRADING CALLS 3-5 DAYS ; 
BUY SIEMENS ABV 816 T 822 828 834 840 SL 812 
HDFC ABV 712 T 718 724 730 736 SL 708 
TATAPOWER ABV 1345 T 1360 1375 1390 1405 SL 1335 
INFOSYS ABV 3015 T 3025 3035 3045 3055 SL 3005 
BIOCON ABV 370 T 375 380 385 390 SL 365 
BANKINDIA ABV 510 T 520 530 540 550 560 SL 500 
FEDRALBANK ABV 407 T 410 414 418 422 SL 405 
HDIL ABV 265 T 270 275 280 285 290 SL 260
BUY MNM SL 695 T 722 735 
BUY KFA SL 62 T 72 74 
BUY APOLLOTYR SL 80 T 86 88 
BUY YESBANK SL 340 T 365 375 
BUY SYDBANK SL 112 T 119 123 
BUY FEDRALBANK SL 392 T 412 424 
BUY IDFC SL 190 T 207 214 
BUY IFCI SL 60 T 65 69 
BUY TAATGOLBLE SL 120 T 130 135 
BUY BPCL SL 770 T 795 808 
BUY TELCO SL 1060 T 1092 1102 
BUY AXISBANK SL 1490 T 1532 1552 
BUY SOBHA SL 375 T 400 420 
BUY STERLITE SL 170 T 188 196 
BUY HINDALCO SL 190 T 199 207 
BUY BIOCON SL 350 T 385 400 
BUY GESHIP SL 312 T 340 350 
BUY BHEL SL 2450 T 2500 2520 
BUY TECHM SL 780 T 805 
BUY ABB SL 940 T 975 
BUY LIC SL 1432 T 1475 
BUY RELCAP SL 800 T 820 830 
BUY BEML SL 1096 T 1133 1145 
BUY HDIL SL 255 T 280 290 
BUY ESSAROIL SL 128 T 140 148 
BUY BOB SL 860 T 888 898 
BUY ACC SL 1000 T 1040 1060 
BUY ZEE SL 299 T 339

  • Supp / Resis SPOT/CASH LEVELS FOR INTRADAY
Indices Supp/Resis1 23
Nifty Resistance 6048.686106.07 6140.58
Support 5956.785922.27 5864.88
Sensex Resistance 20152.56 20348.77 20463.50
Support 19841.62 19726.89 19530.68

SUPPORT RESISTANCE LEVELS IN CASH / SPOT MARKET FOR INTRADAY TRADING
Company Name  Exchange LTP* R1 #1 S1 @1 R2 #2 S2 @2 R3 #3 S3 @3
ABB Ltd. NSE 939.10 966.50 921.20 993.90 903.30 1011.80 875.90
Abbott India Ltd. NSE 1127.00 1156.33 1101.33 1185.67 1075.67 1211.33 1046.33
Bank of Baroda NSE 886.15 894.43 877.43 902.72 868.72 911.43 860.43
Bank of India NSE 523.50 529.05 517.50 534.60 511.50 540.60 505.95
Bank of Maharashtra NSE 69.80 70.48 69.33 71.17 68.87 71.63 68.18
Banking Index Benchmark Exchange Traded Scheme (Bank BeES) NSE 1225.00 1234.93 1220.04 1244.85 1215.07 1249.82 1205.15
Divi's Laboratories Ltd. NSE 705.00 712.90 700.10 720.80 695.20 725.70 687.30
Financial Technologies (India) Ltd. NSE 1184.45 1222.63 1160.63 1260.82 1136.82 1284.63 1098.63
GlaxoSmithkline Consumer Healthcare Ltd. NSE 2010.30 2063.73 1966.13 2117.17 1921.97 2161.33 1868.53
GlaxoSmithKline Pharmaceuticals Ltd. NSE 2240.95 2275.97 2182.97 2310.98 2124.98 2368.97 2089.97
Great Eastern Shipping Company Ltd. NSE 314.95 322.22 310.42 329.48 305.88 334.02 298.62
Great Offshore Ltd. NSE 376.15 380.85 373.35 385.55 370.55 388.35 365.85
ICSA-India Ltd. NSE 126.55 127.70 125.70 128.85 124.85 129.70 123.70
IDBI Bank Ltd. NSE 152.55 154.57 151.27 156.58 149.98 157.87 147.97
Indian Bank NSE 275.25 278.43 270.53 281.62 265.82 286.33 262.63
Indian Hotels Company Ltd. NSE 100.70 102.68 99.53 104.67 98.37 105.83 96.38
Indian Oil Corporation Ltd. NSE 431.00 442.68 424.33 454.37 417.67 461.03 405.98
Indian Overseas Bank NSE 132.05 135.35 130.25 138.65 128.45 140.45 125.15
Jindal Photo Ltd. NSE 237.25 243.17 233.67 249.08 230.08 252.67 224.17
Jindal Poly Films Ltd. NSE 981.60 999.68 969.83 1017.77 958.07 1029.53 939.98
Jindal Saw Ltd. NSE 215.00 219.80 212.10 224.60 209.20 227.50 204.40
Jindal South West Holdings Ltd. NSE 2156.40 2197.57 2127.67 2238.73 2098.93 2267.47 2057.77
Jindal Steel & Power Ltd. NSE 706.15 712.77 701.77 719.38 697.38 723.77 690.77
Kingfisher Airlines Ltd. NSE 73.15 75.20 70.10 77.25 67.05 80.30 65.00
LIC Housing Finance Ltd. NSE 1454.50 1485.98 1433.53 1517.47 1412.57 1538.43 1381.08
Nagarjuna Construction Co. Ltd. NSE 157.65 161.67 155.32 165.68 152.98 168.02 148.97
Nagarjuna Fertilisers & Chemicals Ltd. NSE 29.95 30.87 29.27 31.78 28.58 32.47 27.67
NSE Index NSE 5991.30 6048.68 5956.78 6106.07 5922.27 6140.58 5864.88
Polaris Software Lab Ltd. NSE 166.90 170.17 164.87 173.43 162.83 175.47 159.57
Sterlite Industries (India) Ltd. NSE 161.40 167.48 157.78 173.57 154.17 177.18 148.08
Sterlite Technologies Ltd. NSE 99.55 101.83 97.93 104.12 96.32 105.73 94.03
Tata Chemicals Ltd. NSE 399.60 406.73 395.23 413.87 390.87 418.23 383.73
Tata Communications Ltd. NSE 313.00 319.60 308.70 326.20 304.40 330.50 297.80
Tata Consultancy Services Ltd. NSE 920.35 933.43 911.08 946.52 901.82 955.78 888.73
Tata Motors Ltd. NSE 1106.45 1117.35 1088.05 1128.25 1069.65 1146.65 1058.75
Tata Power Company Ltd. NSE 1351.25 1366.05 1338.40 1380.85 1325.55 1393.70 1310.75
Tata Steel Ltd. NSE 653.10 661.80 647.30 670.50 641.50 676.30 632.80
Triveni Engineering & Industries Ltd. NSE 122.30 125.37 117.67 128.43 113.03 133.07 109.97
Voltas Ltd. NSE 246.75 250.23 243.03 253.72 239.32 257.43 235.83



   *LTP stands for Last Traded Price as on Wednesday, September 29, 2010 4:04:25 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 (Sep 29, 2010)
 Buy SellNet
FII 3674.952918.58+756.37
DII 1057.821893.03-835.21

*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