FII DATA
FII
20/10: -816.79 Cr. (Prov)
DII
20/10: 216.43 Cr. (Prov)
Strong & Weak futures
Nifty is in Down Trend.
RBI CUTS REPO RATE TO 8.0 PERCENT FROM 9.0 PERCENT WITH IMMEDIATE EFFECT. Positive move, but delayed decision and may have negative impact.
SENSEX (Short-Term Investors):
NIFTY FUT (Short-Term Investors):
INTRADAY CALLS
NIFTY FUT: If uptrend continues then it will zoom up to 3366.00-3368.00 zone. Support at 3186.50 level. If not going up, then SL is too far and can be placed at 2997.10-2999.10 zone. SMS sent at 01.03 PM.
NIFTY FUT: SL Triggered. Selling should continue up to 2997.10-2999.10 zone. Resistance at 3140.75 level. If not falling, then SL is too far and can be placed at 3252.35-3254.35 zone. SMS sent at 10.07 AM.
NIFTY FUT: Buying Recommended. Buy with a Stop Loss of 3110.75 level. Target at 3252.35-3254.35 zone. SMS sent at 09.58 AM.
Cash Market Intra-Day: Sell THERMAX (NSE Cash CMP 303.70) for Intra-Day gains. Stop Loss at 307.70 level. SMS sent at 10.54 AM.
Cash Market Intra-Day: Buy SKUMARSYNF (NSE Cash CMP 28.85) for Intra-Day gains. Stop Loss at 27.85 level.
Strong & Weak futures
This is list of 10 Strong Futures:
Nifty is in Down Trend.
NIFTY FUTURES (F & O)
Selling may continue up to 3038-3040 zone for time being.
Above 3081 level, expect mild jump up to 3136 level and thereafter short covering may continue up to 3249-3251 zone by non-stop.
Supply expected at around 3363-3365 zone. Sell if touches 3477-3479 zone. Stop Loss at 3590-3592 zone.
On Negative Side, if breaks & sustains at below 2924-2926 zone then selling may continue up to 2811-2813 zone and have caution.
Short-Term Investors:
Short-Term trend is bearish and worst may be over at around 2461 level on down side.
On Positive Side, short rallies up to 3427 level can be used to exit. Maintain a Stop Loss at 3741 level for your short positions too.
BSE SENSEX
Technically rebound should happen.
Short-Term Investors:
Trend is Bearish & Technical target at around 8153 level on down side. Relief rally up to 10956 level can be used to exit. SL at 11882 level.
RELIANCE INFRASTRUCTURE (NSE Cash): Avoid Short Selling in this scrip
. Rebound expected.Support at 394 level. Rebound expected at around this level. If not, then problem for bulls too.
Hurdle at 503 level. Supply expected at around this level. This supply should get absorbed too.
JAIPRAKASH ASSOCIATES FUTURES (NSE): Avoid Short Selling in this scrip. Rebound expected.
Support at 58 level. Rebound
expected at around this level. If not, then problem for bulls too.Hurdle at 80 level. Supply expected at around this level. This supply should get absorbed too.
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The Dow Jones Industrial Average closed at 8,852.22. Down by 127.04 points.
The Broader S&P 500 closed at 940.55. Down by 5.88 points.
The Nasdaq Composite Index closed at 1,711.29. Down by 6.42 points.
The partially convertible rupee dropped to 48.88/89 per dollar on Friday, weaker
than Thursday's close of 48.82/83.
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Sell SENSEX Stocks
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Arvind Parekh
+ 91 98432 32381