Strong & Weak Stocks
This is list of 10 strong stocks:
Hexaware, Praj Ind, Ispat Ind, Core Protect, Hind Zinc, Renuka, BalramPur Ch, Hindalco, Wipro & Sterlite.
And this is list of 10 Weak stocks
Ibrealest, Welcorp, Orbit Corp, Recltd, Pantaloon R, Escorts, Ashok Ley, UCO Bank, SCI & Patel Eng.
The daily trend of nifty is in Up trend
| Indices | Supp/Resis | 1 | 2 | 3 |
 | Nifty | Resistance | 6084.32 | 6108.28 | 6149.02 |
| Support | 6019.62 | 5978.88 | 5954.92 |
| Sensex | Resistance | 20335.27 | 20414.52 | 20554.83 |
| Support | 20115.71 | 19975.40 | 19896.15 |
Scripts to watch on 30th Dec. : ACC, Bhartiatl, Bhel, DLF, HDFCBank, Hindalco, ICICIBank, KotakBank, L&T, M&M, Maruti, ONGC, Reliance, SBI, TataMotors, TataPower, Tisco, Wipro, Bajaj-Auto, DrReddy, HDFC, Rpower, SesaGoa
Break Out !!: Intraday calls On the Basis of Break out System (For Cash Segment only)
Aban Buy above 776 781/784/789/795 stop 767
aban Sell Below 759 756/751/746/742 stop 767
Break Out !!: AxisBank Buy above 1322 1329/1337/1344/1351 stop 1312
AxisBank Sell Below 1304 1297/1291/1283/1275 stop 1312
HDFC Bank Buy above 2345 2354/2364/2374/2380 stop 2327
HDFC Bank Sell Below 2314 2306/2299/2288/2279 stop 2327
Break Out !!: HDFC Buy above 722 727/730/733/736/739 stop 717
HDFC Sell Below 711 708/704/701/697 stop 717
TataMotors Buy above 1282 1290/1297/1306/1313 stop 1270
TataMotors Sell Below 1261 1253/1246/1238/1230 stop 1270
Break Out !!: Nifty Spot Buy above 6075 6090/6105/6120/6140
Nifty Spot Sell Below 6045 6030/6015/5985/5970
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| | Yesterday, Nifty surged and closed well above 50 DMA (50 days moving Average) at 6,060.35, which is a strongly positive technical signal for upside. Nifty is likely to open on a flat note following mixed clue from Asian markets. Resistance for Nifty now seems at 6,080-6,100 while support stand at 6,015. On upside if level of 6,080 breached decisively then we could see rise up to the mark of 6,100-6125, on the lower side if level of 6,015 breached then Nifty could go down to support of 5,980 mark. The advance tax numbers were encouraging for the third quarter, clearly reflecting the continued good showing of Indian companies. Therefore, we believe that FII investors will continue to invest in India's as Indian markets increasingly became one of the most attractive destinations in the world. In the near to medium term, US monetary policy and Chinese policy measures to cool down its economy will drive markets. On the individual sector front, Metal, oil and gas and pharma, have seen good addition in this month and we do expect good rollover in the January series whereas IT and auto may face selling pressure in the next series. Shares of state-owned Punjab and Sind Bank will list on bourses today. Indices may witness volatility as current months F&O expires today. Technical indicators like MACD, RSI are also supporting its uptrend move. MACD is showing positive divergence, crossing its signal line (9 Days exponential moving average) from the below. Further, MACD is above the zero line, would set-up for a more long-term move upward if maintained. The RSI also looks strong at 57.57 with plenty of upside potential before any over-sold indications. | |
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| | GUJARAT FLUROCHEMICALS (BUY) - RSI is at 65 neutral territory showing positive crossover.
- MACD is likely to show positive divergence.
- Stock next resistance level seems at 225 if its break then stock could rise up to 235.
- Today stock has made new candlestick above 34 day EMA which is sign of uptrend.
| CMP | Buy/Sell | Target Price | Stop Loss | Support/ Resistance | | 222.20 | BUY | 225/230/235 | 216 | 200/240 |
TTK PRESTIGE(BUY) - RSI is at 64 level, indicating more buying.
- MACD is showing positive divergence.
- Stochastic is hovering in overbought zone showing positive crossover.
| CMP | Buy/Sell | Target Price | Stop Loss | Support/ Resistance | 1624.5 | BUY | 1640/1660/1680 | 1600 | 1550/1700 |
BINANI INDUSTRY (BUY) - RSI is showing a reversal trend after a sharp correction.
- MACD is showing positive divergence.
- Stochastic is at 80 levels and it has given a buy crossover.
- Today stock has made new candlestick above 34 day EMA which is sign of uptrend.
| CMP | Buy/Sell | Target Price | Stop Loss | Support/ Resistance | | 197.80 | BUY | 200/204/208 | 194 | 185/210 |
VIP INDUSTRY (BUY) - RSI is close to the overbought zone at the level of 63 and indicating uptrend.
- MACD is showing positive divergence.
- Stochastic is moving in overbought territory showing positive crossover also indicating upside.
- The stock has just crossed its 34 days exponential moving average and it is trading above it indicating a short term bullish trend.
| CMP | Buy/Sell | Target Price | Stop Loss | Support/ Resistance | | 668.50 | BUY | 675/685/695 | 655 | 630/700 |
| | | | | | US stocks ended higher as investors remained optimistic regarding the potential economic growth of US in 2011.Corporate news was in the spotlight amid the lack of any first-tier economic data. Shares of BJ's Wholesale Club saw notable strength on the day after the New York Post reported that the warehouse retailer may face a hostile takeover bid from Los Angeles buyout firm Leonard Green & Partners if an auction is not initiated in the coming weeks. Meanwhile, Savient Pharmaceuticals slid after that its board has initiated a search for a CEO. Allstate was also in focus after the company sued Bank of America and its mortgage division Countrywide Financial Corp. for losses incurred from the purchase of over USD 700 million in residential mortgage-backed securities. Additionally, FirstEnergy announced that it sold a 6.65% stake in the output of Ohio Valley Electric to Peninsula Generation Cooperative, a subsidiary of Wolverine Power Supply Cooperative. Packaged foods firm Sara Lee also signed an agreement to sell its White King and Janola business to Symex Holdings and its subsidiary for 37.9 million euros. | | | |
| | | | | | European stocks closed in positive territory amid better than expected economic data and thin volumes as many investors remained on extended holidays. Mining and construction stocks advanced, while banking shares were weak. In economic news, Eurozone M3 money supply rose 1.9% year-on-year in November which compares to the consensus for a 1.6% increase.German consumer prices rose. Swedish trade surplus widened in November to SEK 10 billion from SEK 6.2 billion in October. The value of exports rose 23% year-on-year to SEK 105.9 billion, while imports grew 15% to SEK 95.9 billion. | | | |
| | | | | | Indian markets witnessed an upward charge which saw positive sentiments jump back leaving the indices in green. The indices opened gap up taking positive cues from solid starts in the Japanese and Chinese markets. Early trading saw the market creeping up with Banking and Infrastructure stocks taking the lead. Oil and gas stocks too started off really well with crude oil prices staying above USD 91 per barrel close to its two year high. Mid market trading saw the volumes kick in, with a positive opening in the European markets which helped to sustain the ongoing bull run in the Indian markets. Bharti Airtel along with HDFC Bank were the front runners in the Nifty. IT, infrastructure, real estate, FMCG, metal and auto indices were amongst the top gainers with none of the sectors ending in the red zone. The Nifty gained 1.07% ending at 6060.35 touching an intra day high of 6067.55 and a low of 6002.85. The Sensex gained 1.15% ending at 20256.03 touching an intra day high of 20274.20 and a low of 20054.64. |
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| Index | Latest | 1 D Chg(%) | YTD(%) | | NSE Index (29 Dec 2010) | 6060.35 | 1.07 | 16.52 | | Sensex (29 Dec 2010) | 20256.03 | 1.15 | 15.98 | | Dow Jones Ind. .. (29 Dec 2010) | 11585.38 | 0.09 | 11.10 | | Nasdaq Composit.. (29 Dec 2010) | 2666.93 | 0.15 | 17.53 | | Hang Seng (29 Dec 2010) | 22969.30 | 1.54 | 5.01 | | Straits Times (29 Dec 2010) | 3207.91 | 0.76 | 10.71 | | FTSE 100 (29 Dec 2010) | 5996.36 | -0.21 | 10.78 | | CAC 40 (29 Dec 2010) | 3890.65 | 0.83 | -1.16 | | | Sectors | Close | 1D Chg(%) | | BSE IT | 6757.47 | 0.40 | | BSEPSU | 9309.90 | 0.80 | | OILGAS | 10559.89 | 0.29 | | | Advance Decline Ratio | Value(in Cr.) | Index | | 9.00 | 543.23 | SENSEX | | 3.08 | 4053.20 | NIFTY | |
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| SENSEX | NIFTY | | Top Gainers | Close | 1D Gain(%) | YTD(%) | | Hindustan Unilever Ltd. | 304.55 | 3.48 | 15.03 | | Bharti Airtel Ltd. | 354.00 | 3.45 | 7.66 | | Sterlite Industries (India) Lt... | 185.15 | 3.38 | -14.05 | | | Top Gainers | Close | 1D Gain(%) | YTD(%) | | Hindustan Unilever Ltd. | 304.70 | 3.50 | 15.07 | | Bharti Airtel Ltd. | 354.00 | 3.40 | 7.35 | | Sterlite Industries (India) Lt... | 185.20 | 3.38 | -14.22 | | | | | Top Losers | Close | 1D Loss(%) | YTD(%) | | Cipla Ltd. | 367.30 | -0.82 | 9.45 | | Wipro Ltd. | 488.15 | -0.66 | 19.75 | | Reliance Communications Ltd. | 138.50 | -0.50 | -19.90 | | | Top Losers | Close | 1D Loss(%) | YTD(%) | | Cipla Ltd. | 366.65 | -1.21 | 9.43 | | Sun Pharmaceutical Industries ... | 480.30 | -0.61 | 59.17 | | Wipro Ltd. | 488.50 | -0.58 | 19.73 | |
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| Top |
Most Active Stocks by value (in Cr) | | BSE | Close | %Chg | Value(in Cr.) | Volume | | SBI | 2727.05 | 0.94 | 60.05 | 218496 | | Tata Motors | 1267.70 | 0.37 | 59.83 | 471913 | | Tata Steel | 664.80 | 0.47 | 45.51 | 679792 | | InfosysTechn | 3381.85 | 0.52 | 40.73 | 120027 | | RIL | 1047.15 | 0.11 | 37.62 | 358365 | | | | | NSE | Close | %Chg | Value(in Cr.) | Volume | | Tata Motors | 1268.90 | 0.39 | 387.75 | 3058551 | | RIL | 1047.90 | 0.07 | 268.50 | 2556591 | | ICICI Bank | 1111.85 | 1.58 | 257.26 | 2290701 | | SBI | 2728.50 | 0.98 | 254.05 | 924155 | | HDFC Bank | 2256.15 | 3.18 | 186.31 | 807104 | | | | | | Strike Price | Value | Price | %Chg | | Most Active Calls by Contract Value (in Cr) | | NIFTY ( 30 Dec 2010 ) | 6000.00 | 1241758.35 | 68.80 | -46.51 | | NIFTY ( 30 Dec 2010 ) | 6100.00 | 1178903.58 | 8.40 | -38.69 | | | Most Active Puts by Contract Value (in Cr) | | NIFTY ( 30 Dec 2010 ) | 6000.00 | 1482313.34 | 5.40 | 350.93 | | NIFTY ( 30 Dec 2010 ) | 5900.00 | 651219.16 | 0.85 | 641.18 | | | Most Active Future by Contracts Value (in Cr) | | TATAMOTORS ( 30 Dec 2010 ) | - | 95489.06 | 1275.55 | -0.34 | | TATAMOTORS ( 27 Jan 2011 ) | - | 66006.02 | 1279.65 | -0.77 | |
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| | | | | | | Crude oil prices fell as thin volume and investors awaited the release of weekly US oil inventory data. Gold rose in light trade after dollar fell against major currencies. | | | |
| | | | | | - German consumer price index, or CPI, rose 1.7% year-on-year in December followed by 1.5% increase in November. Consumer price rose 1% month-on-month, much faster than the 0.1% increase seen in November. It came a notch higher than the expected rise of 0.9%. (RTT News)
- Japan's Nomura/JMMA Manufacturing Purchasing Manager Index reached 48.3 points in December up 1 point from November 47.3. This is the second month that the index has increased slightly. (Nasdaq)
- Leveraged-loan issuance in the US more than doubled this year, as private-equity firms sought funds for buyouts and borrowers refinanced debt amid a rebound from the worst financial crisis since the Great Depression. More than USD 369 billion of loans were raised as of December 28, led by financing for the purchases of Tomkins and Burger King Holdings, up from USD 170 billion in 2009. (Economic Times)
- Brazilian pubic sector's primary budget surplus amounted to BRL 4.2 billion in November. For the first eleven months of the year, the accumulated primary surplus was USD 90.8 billion, which was 2.74% of GDP. This was 0.5 percentage points higher than the same period last year.(RTT News)
- Hochtief is taking steps to minimise the impact of a takeover by Spanish predator ACS, as the tender period draws to a close and the German builder's defence strategies are exhausted. Chief financial officer Burkhard Lohr said that, considering the likelihood of a takeover going ahead, Hochtief had altered the change-of-control clauses in its credit agreements with lenders, to protect its creditworthiness. (Economic Times)
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| | | | | | - A meeting of an Empowered Group of Ministers (EGoM), scheduled for this month-end, to consider raising prices of diesel and domestic LPG has been deferred. No timeframe has been decided for the meeting of the EGoM headed by Finance Minister Pranab Mukherjee. The EGoM was originally scheduled to meet on December 15 but it was deferred to December-end due to non-availability of certain ministers in the grouping. (Economic Times)
- The Citibank employee who is believed to have stolen close to Rs. 400 crore from different Citibank accounts remains missing. Shivraj Puri, who worked at the bank's Gurgaon branch as a relationship manager, is accused of siphoning money from 20 accounts of high net worth individuals. He allegedly promised clients high returns from investment schemes that didn't exist. He then transferred the funds to fictitious accounts. (Economic Times)
- After years of deliberations, Tata Steel will finally sign an agreement with Nippon Steel of Japan to build a plant in Jamshedpur to make automotive grade steel. The Indian company will retain a majority 51% stake of the Rs 2,400-crore venture, while the Japanese firm will hold the rest. (The Telegraph)
- The Union Cabinet is likely to take a decision on the much-awaited equity infusion of Rs 1,200 crore in Air India at its meeting tomorrow. (The Economic Times)
- State-owned Union Bank of India said that it is expecting Rs 1,150 crore capital infusion from the government by March 2011, which will increase the Centre's stake to 58%. Currently, the government holds 55.43% stake in Union Bank of India. (Economic Times)
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| Currency | Exchange-Rate | 1D Chg(%) | 1M Chg(%) | | EUR | 59.22 | -0.89 % | -1.89 % | | GBP | 69.43 | -0.66 % | -3.05 % | | USD | 45.12 | -0.11 % | -2.00 % | | | FIIs Activity | Rs. Cr. | MTD | YTD | | 1397.90 | 58466.00 | 759822.80 | | 1248.50 | 59373.80 | 629514.70 | | 149.40 | -907.80 | 130308.20 | | |
