Strong & Weak futures
This is list of 10 strong futures: Amtek Auto, Ultra Cemco, Mphasis, Ashok Ley, Auro Pharma, Shree Cem, Maruti, Cipla, TVS Motor & Naukri. And this is list of 10 Weak Futures: Aban, Rolta, Ranbaxy, ICICI Bank, Syndicate Bank, Indian Bank, Wel Guj, NIIT, IOB & Yes Bank.
Nifty is in Down Trend.
This is list of 10 strong futures: Amtek Auto, Ultra Cemco, Mphasis, Ashok Ley, Auro Pharma, Shree Cem, Maruti, Cipla, TVS Motor & Naukri. And this is list of 10 Weak Futures: Aban, Rolta, Ranbaxy, ICICI Bank, Syndicate Bank, Indian Bank, Wel Guj, NIIT, IOB & Yes Bank.
Nifty is in Down Trend.
Trading Calls 06th Mar 2009
-ve Sector & scripts : Sterlinbio, Cement
USE STRICT Stop Loss for todays trading
Short Jindalstl-1002 for 965 with sl 1015
Short Colpal-441 for 428 with sl 445
-ve Sector & scripts : Sterlinbio, Cement
USE STRICT Stop Loss for todays trading
Short Jindalstl-1002 for 965 with sl 1015
Short Colpal-441 for 428 with sl 445
Short NTPC-172 for 165 with sl 175
Short Glendmark-132 for 125-122 with sl 135
Short Glendmark-132 for 125-122 with sl 135
NIFTY FUTURES (F & O)
Expect selling up to 2526-2528 zone for time being.
Expect selling up to 2526-2528 zone for time being.
Hurdles at 2567 & 2574 levels. Above these levels, expect short covering up to 2612-2614 zone and thereafter expect a jump up to 2649-2651 zone by non-stop.
Cross above 2687-2689 zone, it can zoom up to 2725-2727 zone and supply expected at around this zone and have caution.
On Negative Side, rebound expected at around 2488-2490 zone. Stop Loss at 2451-2453 zone.
Short-Term Investors:
Bearish Trend. 3 closes below 2974 level, it can tumble up to 2510 level by non-stop.
Short-Term Investors:
Bearish Trend. 3 closes below 2974 level, it can tumble up to 2510 level by non-stop.
BSE SENSEX
If starts move up then exit long positions. Bulls got trapped.
Short-Term Investors:
Short-Term trend is Bearish and target at around 8129 level on down side.
If starts move up then exit long positions. Bulls got trapped.
Short-Term Investors:
Short-Term trend is Bearish and target at around 8129 level on down side.
3 closes below 8129 level, it can tumble up to 7694 level by non-stop.
Maintain a Stop Loss at 8998 level for your short positions too.
The Dow Jones Industrial Average closed at 6,594.44. Down by 281.40 points.
The Broader S&P 500 closed at 682.55. Down by 30.32 points.
The Nasdaq Composite Index closed at 1,299.59. Down by 54.15 points.
The partially convertible rupee <INR=IN> ended at 51.76/78 per dollar on yesterday, below its Wednesday's close of 51.53/55.
NIFTY & SENSEX SPOT LEVELS FOR TODAY
 | 2576.70 | ( -2.59 %) | -68.50 |  |
| 1 | 2 | 3 | ||
| Resistance | 2639.03 | 2701.37 | 2738.83 | |
| Support | 2539.23 | 2501.77 | 2439.43 | |
 | 8197.92 | ( -2.94 %) | -248.57 | | |
| 1 | 2 | 3 | |||
| Resistance | 8432.98 | 8668.03 | 8801.04 | ||
| Support | 8064.92 | 7931.91 | 7696.86 | ||
FII DATA
| FII trading activity on NSE and BSE in Capital Market Segment(In Rs. Crores) | ||||
| Category | Date | Buy Value | Sell Value | Net Value |
| FII | 05-Mar-2009 | 1533.35 | 2124.27 | -590.92 |
| DII trading activity on NSE and BSE in Capital Market Segment(In Rs. Crores) | ||||
| Category | Date | Buy Value | Sell Value | Net Value |
| DII | 05-Mar-2009 | 1127.91 | 648.87 | 479.04 |
--
Arvind Parekh
+ 91 98432 32381
