Scripts to watch on 7th Jan. : ACC, Bhartiatl, Bhel, BPCL, Bajaj-Auto, DLF, HDFCBank, ICICIBank, IDFC, L&T, M&M, Maruti, ONGC, Reliance, SBI, TataMotors, TataPower, Tisco, Bajaj-Auto, DrReddy, HDFC, SesaGoa,
Strong & Weak
This is list of 10 strong
Hexaware, Praj Ind, Bata India, Jindal Saw, Polaris , Hind Oil, Hind Uni Lvr, Sesa Goa, Isptat Ind & Alok Ind.
And this is list of 10 Weak
Recltd, Indian Bank, Oriental Bank, Canara Bank, Bajaj Auto, Federal Bank, UCO Bank, Syndicate Bank, BPCL & Dena Bank.
The daily trend of nifty is in Up trend
| Indices | Supp/Resis | 1 | 2 | 3 |
 | Nifty | Resistance | 6102.17 | 6156.08 | 6196.02 |
| Support | 6008.32 | 5968.38 | 5914.47 |
| Sensex | Resistance | 20371.34 | 20557.93 | 20690.02 |
| Support | 20052.66 | 19920.57 | 19733.98 |
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| | Yesterday, Nifty fell by 31.55 points and closed to 6,048.45. In coming days, Market is likely to consolidate in the range of 6,020-6,180 with a strong support of 6,000 level. Today, Market is likely to open on flat to negative note following mixed clues from global markets. Resistance for Nifty now seems at 6,130-6,180. On upside if level of 6,130 breaches decisively then we could see rise up to the mark of 6,180. On downside, the first support will be 6,020, followed by the 6,000. India's food inflation accelerated for the fifth straight week to the highest in more than a year, reinforcing fears it will spill over to broader prices and pile pressure on the central bank to tighten monetary policy. Selling could be witnessed in FMCG stocks as food inflation is expected to put pressure on their margins due to increased input costs. The major trigger for the market is Q3 earnings which will start from January 13 with Infosys result. Nifty has drifted below 61.8% Fibonacci retracement level and now likely to take support at 50% level which stands at 6,020 level. Further, RSI (14) for the day is at 52.46 levels and MACD is above the signal line, thus combined together they are giving the signal that market may remain sideways for some time before taking a clear direction. | |
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| | KPIT CUMMINS (BUY) - MACD is showing positive divergence.
- Stock is moving above 34 day and 08 day EMA which is sign of uptrend.
- RSI is at 58 level, indicating more buying.
| CMP | Buy/Sell | Target Price | Stop Loss | Support/ Resistance | 149.90 | BUY | 152/155/158 | 145 | 130/165 |
LUPIN (BUY) - Stock already crossed 34 Day EWMA and expecting to rise further.
- MACD is showing bullish crossover..
- Stock making an ascending triangle pattern which is sign of bull trend.
| CMP | Buy/Sell | Target Price | Stop Loss | Support/ Resistance | 489.55 | BUY | 495/502/510 | 480 | 420/530 | AREVA T&D (SELL) - RSI is in profit booking phase.
- Stochastic is moving in neutral territory showing negative crossover also indicating downside.
- MACD is showing bearish crossover.
| CMP | Buy/Sell | Target Price | Stop Loss | Support/ Resistance | 328.20 | SELL | 325/320/315 | 336 | 300/360 | BGR ENERGY (SELL) - RSI is trading in neutral territory at 39 level showing negative crossover.
- Stochastic is moving in oversold territory showing negative crossover also indicating downside.
- MACD is likely to show bearish crossover.
| CMP | Buy/Sell | Target Price | Stop Loss | Support/ Resistance | | 669.70 | SELL | 663/650/640 | 685 | 600/720 |
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| | US stocks ended mixed with investors remained sidelines ahead of Friday's December jobs report. The choppy trading came as weekly jobless claims, which showed a modest rebound and retailers reported weaker-than-expected December sales. In economic news, initial jobless claims rose to 4,09,000 in the week ended January 1st from the previous week's revised figure of 3,91,000. In other news that driving markets, most major retail chains reported that December sales expanded at stores open at least one year, confirming widespread speculation of a robust holiday shopping season. Despite the sales growth, however, some retailers still missed sales growth projections. | |
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| | European markets close on a subdued note with miners and energy producers leading losses as a firm greenback pressurized commodity prices. Further, investors scaled back their trading positions ahead of Friday's widely-watched US non-farm payrolls data also weighed on sentiments. On the economic front, results of a survey by Markit Economics revealed that the British service sector shrank unexpectedly in December fell to 49.7 from 53.0 in November. Eurozone retail sales dropped 0.8% sequentially in November, countering consensus forecasts for a 0.2% increase. Year-on-year, retail sales growth eased sharply to 0.1% from 1.2% in October. The European Commission said its economic sentiment indicator for the euro zone climbed to 106.2 in December from 105.1 in November. | |
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| | Today, the domestic bourses ended the session on a weak note, as the benchmark indices marked its third straight session of losing streak. The market started off the session with a positive bias, as the benchmark indices opened on the higher side tracking strong global cues. Soon after the positive start, the market dipped below the baseline and gradually started dragging further in the negative terrain. The southward journey continued till the final one and a half hours, when the market took support near the 6,020 Nifty level and pared off some of the losses. Finally the broader indices closed well below the neutral zone, though managed to recover mildly from the session lows. The disappointing food price inflation data kept the sentiment negative. However, the positive opening for the European bourses had failed to make any impact in the domestic front. On the sectoral front, the realty space continued to trade weak and played the major spoilsport during the session. Additionally, the capital goods and auto sector plunged heavily giving up today's trade. However, the IT space remained strong throughout the session. At the end, Sensex closed at 20,184.74 down by 116.36 points. It touched an intraday high of 20,425.85 and low of 20,107.17. Nifty ended at 6,048.25 down by 31.55 points. It made a high/low of 6,116.15 and 6,022.30 respectively. | |
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| Index | Latest | 1 D Chg(%) | YTD(%) | | NSE Index (06 Jan 2011) | 6048.25 | -0.52 | -1.41 | | Sensex (06 Jan 2011) | 20184.74 | -0.57 | -1.58 | | Dow Jones Ind. .. (06 Jan 2011) | 11697.31 | -0.22 | 1.03 | | Nasdaq Composit.. (06 Jan 2011) | 2709.89 | 0.28 | 2.15 | | Hang Seng (06 Jan 2011) | 23786.30 | 0.12 | 3.26 | | Straits Times (06 Jan 2011) | 3279.70 | 0.78 | 2.81 | | FTSE 100 (06 Jan 2011) | 6019.51 | -0.40 | 2.03 | | CAC 40 (06 Jan 2011) | 3904.42 | 0.00 | 2.62 | | DAX (06 Jan 2011) | 6981.39 | 0.60 | 0.97 | | | Sectors | Close | 1D Chg(%) | | BSE IT | 6875.46 | 0.46 | | BSEPSU | 9262.41 | -1.07 | | OILGAS | 10672.31 | -0.15 | | | Advance Decline Ratio | Value(in Cr.) | Index | | 0.58 | 1210.87 | SENSEX | | 0.67 | 7050.18 | NIFTY | |
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| SENSEX | NIFTY | | Top Gainers | Close | 1D Gain(%) | YTD(%) | | Hindalco Industries Ltd. | 250.75 | 1.70 | 1.93 | | Tata Consultancy Services Ltd. | 1174.20 | 1.39 | 0.79 | | NTPC Ltd. | 201.75 | 1.33 | 0.57 | | | Top Gainers | Close | 1D Gain(%) | YTD(%) | | Sun Pharmaceutical Industries ... | 500.00 | 2.45 | 3.10 | | Hindalco Industries Ltd. | 251.35 | 1.97 | 1.76 | | NTPC Ltd. | 202.00 | 1.25 | 0.67 | | | | | Top Losers | Close | 1D Loss(%) | YTD(%) | | Sterlite Industries (India) Lt... | 183.55 | -3.80 | -1.63 | | Bajaj Auto Ltd. | 1328.15 | -3.60 | -13.84 | | Oil And Natural Gas Corporatio... | 1225.90 | -3.17 | -5.22 | | | Top Losers | Close | 1D Loss(%) | YTD(%) | | Ambuja Cements Ltd. | 133.55 | -5.18 | -6.74 | | ACC Ltd. | 1022.55 | -3.93 | -4.93 | | Sterlite Industries (India) Lt... | 183.60 | -3.90 | -1.63 | |
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| Top |
Most Active Stocks by value (in Cr) | | BSE | Close | %Chg | Value(in Cr.) | Volume | | SBI | 2697.30 | -2.67 | 260.73 | 985972 | | JindalStlPow | 723.65 | -0.61 | 187.18 | 2603428 | | L&T | 1930.45 | -2.74 | 82.39 | 434616 | | RIL | 1073.90 | 0.94 | 74.06 | 684836 | | HDFC Bank | 2306.40 | 0.89 | 64.99 | 280682 | | | | | NSE | Close | %Chg | Value(in Cr.) | Volume | | SBI | 2693.20 | -2.63 | 982.32 | 3716708 | | RIL | 1075.80 | 0.91 | 538.64 | 4974697 | | ICICI Bank | 1069.35 | -1.49 | 504.48 | 4769781 | | L&T | 1928.50 | -2.62 | 347.83 | 1833539 | | Bajaj Auto | 1374.50 | -3.39 | 329.29 | 2462539 | | | | | | Strike Price | Value | Price | %Chg | | Most Active Calls by Contract Value (in Cr) | | NIFTY ( 27 Jan 2011 ) | 6100.00 | 1011099.59 | 79.65 | 24.23 | | NIFTY ( 27 Jan 2011 ) | 6200.00 | 962842.52 | 41.15 | 31.71 | | | Most Active Puts by Contract Value (in Cr) | | NIFTY ( 27 Jan 2011 ) | 6000.00 | 897923.22 | 66.70 | -13.57 | | NIFTY ( 27 Jan 2011 ) | 6100.00 | 792885.78 | 108.00 | -12.64 | | | Most Active Future by Contracts Value (in Cr) | | SBIN ( 27 Jan 2011 ) | - | 134306.42 | 2642.95 | 2.65 | | TATAMOTORS ( 27 Jan 2011 ) | - | 86112.68 | 1260.70 | 1.65 | |
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| | | | | | | - German factory orders surged more than expected in November due to strong overseas demand. Seasonally adjusted factory orders increased 5.2% month-on-month in November, following the 1.6% growth in October. (RTT News)
- Australian home-building approvals fell in November for the third time in four months, adding to the case for the central bank to keep interest rates unchanged. The number of permits granted to build or renovate houses and apartments dropped 4.2% from October, when they rose a revised 8.3%. (Bloomberg)
- Chinese Vice Premeir Li Keqiang has said Beijing is willing to buy about Euro 6.0 billion worth of Spanish public debt. Spain celebrates the Epiphany holiday on Thursday and no one from the Spanish government was immediately available to comment on this. (Economic Times)
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| | | | | | - India's economy is expected to continue expanding rapidly in coming years, but authorities should raise interest rates to curb inflation and push ahead with fiscal and financial reforms to maintain that growth, the International Monetary Fund has said. (The Wall Streer Journal)
- The Insurance Regulatory and Development Authority (Irda) asked insurance companies to refrain from charging policyholders differential premium without prior approval of the watchdog. In the papers submitted to Irda before launching any product, insurers mention a range within which the premium rates would vary depending on unfavourable risk factors. (Business Standard)
- India's economy is expected to continue expanding rapidly in coming years, but authorities should raise interest rates to curb inflation and push ahead with fiscal and financial reforms to maintain that growth, the International Monetary Fund has said. (The Wall Streer Journal)
- The Insurance Regulatory and Development Authority (Irda) asked insurance companies to refrain from charging policyholders differential premium without prior approval of the watchdog. In the papers submitted to Irda before launching any product, insurers mention a range within which the premium rates would vary depending on unfavourable risk factors. (Business Standard)
- After announcing its first overseas acquisition on Thursday, leading mid-sized IT firm in the SME segment Omnitech Infosolutions said it plans another buyout this year and is also looking at raising around Rs 67 crore through QIP over the next six months. (Economic Times)
Riversdale Mining and joint venture partner Tata Steel have reached an agreement allowing them to fully own the USD 1 billion Benga power plant project in Mozambique, Riversdale said on Thursday. (Reuters) - Anil Ambani's holding in group company Reliance Infrastructure Ltd (R-Infra) is set to rise significantly, with a company controlled by him, AAA Project Ventures Pvt. Ltd, exercising its option to convert 23.3 million warrants allotted to it by R-Infra into equity shares. (LiveMint)
- After announcing its first overseas acquisition on Thursday, leading mid-sized IT firm in the SME segment Omnitech Infosolutions said it plans another buyout this year and is also looking at raising around Rs 67 crore through QIP over the next six months. (Economic Times)
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| Currency | Exchange-Rate | 1D Chg(%) | 1M Chg(%) | | EUR | 59.56 | -0.72 % | -0.42 % | | GBP | 70.26 | -0.01 % | 1.41 % | | USD | 45.31 | 0.24 % | 1.12 % | | | FIIs Activity | Rs. Cr. | MTD | YTD | | 3283.30 | 10122.40 | 10122.40 | | 3375.70 | 8391.20 | 8391.20 | | -92.40 | 1731.20 | 1731.20 | | |
