NIFTY FUTURES (F & O)
Rally may continue up to 3005-3007 zone for time being.
Rally may continue up to 3005-3007 zone for time being.
Support at 2967 & 2973 levels. Below these levels, expect profit booking up to 2938-2940 zone and thereafter slide may continue up to 2910-2912 zone by non-stop.
Buy if touches 2883-2885 zone. Stop Loss at 2856-2858 zone.
On Positive Side, cross above 3032-3034 zone it can zoom up to 3060-3062 zone and if crosses & sustains at above this zone then uptrend may continue.
Short-Term Investors:
Bullish Trend. 3 closes above 2932 level, it can zoom up to 3033 level by non-stop.
BSE SENSEX
Traders can expect profit booking.
Short-Term Investors:
Short-Term trend is Bullish and target at around 10531 level on upper side.
Short-Term Investors:
Bullish Trend. 3 closes above 2932 level, it can zoom up to 3033 level by non-stop.
BSE SENSEX
Traders can expect profit booking.
Short-Term Investors:
Short-Term trend is Bullish and target at around 10531 level on upper side.
Maintain a Stop Loss at 8867 level for your long positions too.
Strong & Weak futures
This is list of 10 strong futures:
Matrix Labs, India Info, BRFL, Biocon, Ster, GMR Infra, Wel Guj, Unitech, Voltas & Reliance.
And this is list of 10 Weak Futures:
Alok Text, Crompton Greaves, Rolta, Moser Baer, Glaxo, IOC, Network 18, Allahabad Bank, Amtek Auto & Hind Petro.
Nifty is in Up Trend.
GLOBAL CUES & RUPEE
The Dow Jones Industrial Average closed at 7,749.81. Up by 89.84 points.
The Broader S&P 500 closed at 813.88. Up by 7.63 points.
The Nasdaq Composite Index closed at 1,528.95. Up by 12.43 points.
The partially convertible rupee <INR=IN> closed at 50.74/75 per dollar on yesterday, weaker than from its previous close of 50.73/74.
OIL & GAS INDEX Stocks May Zoom
NIFTY & SENSEX SPOT LEVELS TODAY
 | 2984.35 | ( 1.55 %) | 45.65 |  |
| 1 | 2 | 3 | ||
| Resistance | 2999.23 | 3059.77 | 3102.13 | |
| Support | 2896.33 | 2853.97 | 2793.43 | |
 | 9667.90 | ( 2.08 %) | 196.86 | | |
| 1 | 2 | 3 | |||
| Resistance | 9645.81 | 9820.59 | 9942.17 | ||
| Support | 9349.45 | 9227.87 | 9053.09 | ||
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 | 25-Mar-2009 | 1832.55 | 1483.9 | +348.65 |
| DII trading activity on NSE and BSE in Capital Market Segment(In Rs. Crores) | ||||
| Category | Date | Buy Value | Sell Value | Net Value |
| DII | 25-Mar-2009 | 851.64 | 842.72 | +8.92 |
For the first time in nearly three months deposit base shrunk, whereas credit flow improved during the fortnight ended March 13. (BS)
The National Advisory Committee on Accounting Standard has postponed the implementation of Accounting Standard 11 (AS 11) to 2011. (BS)
Cement prices have gone up by about Rs10 a 50-kg bag in March owing to an increase in demand and transportation constraints despite a duty cut. (BL)
S&P rating services lowered its corporate credit rating of Tata Motors to 'B+' from 'BB-'. (ET)
Havells India has bagged US$200mn export order from the west European countries to supply motors and CFL. (ET)
Omaxe Ltd has bagged a contract to develop a convention centre, a library and a computer centre at the Deenbandhu Chhotu Ram University of Science and Technology at Sonepat.(FE)
The PE arm of Aditya Birla Group plans to raise about $2bn in PE capital within the next five years. (BS)
Spice Group may opt out of Satyam bid. (BL)
SEBI has allowed the promoter group of Godrej Industries a passive increase in voting rights through a company's buyback plan. (BL)
BRPL merged with its parent IndianOil with effect from Wednesday. (BL)
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Arvind Parekh
+ 91 98432 32381
Arvind Parekh
+ 91 98432 32381
