stocks that are in news today:-Ex-bonus: IOC @ 1:1-Indiabulls Power to list on Oct 30, issue price Rs 45-Puravankara defers QIP plans ((EGM had approved QIP in June, size was undecided))-Astec Lifesciences IPO opens today, closes November 4 issue of 75 lakh shares, price band Rs 77-82/share-Pantaloon Retail board meet on October 30 on biz restructuring-RPG Cables board meet on October 30 to mull amalgamation with KEC International-JBF Industries board approves FCCB / QIP issue up to Rs 300 crore-HBL Power board approves issue of 10.2 lakh shares at Rs 340 to Citigroup Global Markets Mauritius ((CMP Rs 336))-1.77 crore United Spirits QIP shares to hit market-Autoline Industries’ US subsidiary bags new orders from automakers ((will add $40 million to sales in 4 years))
INTRADAY calls for 29th Oct 2009
+ve Script & Sector : SUGAR FKONCO
BUY Mindtree-604 @ 595 for 612-626+ with sl 590
BUY TATAMotors-562 @ 545 for 555-562+ with sl 538
BUY CrompGreav-361 @ 354 for 355-362+ with sl 348
SHORT NTPC-213 for 205-202+ with sl 216
BUY Saberorgan-45 @ 43 for 49-53+ with sl 40 [Positional]
NIFTY FUTURES (F & O):
Below 4808-4810 zone, selling may continue up to 4801 level and thereafter slide may continue up to 4780-4782 zone by non-stop.
Hurdles at 4837 & 4840 levels. Above these levels, expect short covering up to 4868-4870 zone and thereafter expect a jump up to 4896-4898 zone by non-stop.
Sell if touches 4905-4907 zone. Stop Loss at 4934-4936 zone.
On Negative Side, break below 4771-4773 zone can create panic up to 4742-4744 zone by non-stop. If breaks & sustains this zone then downtrend may continue.
Correction:
Yesterday it should have been typed as"Sell with a SL of 4918.10. Target at 4782.20." But We typed as"Sell with a SL of 4918.10. Target at 4789.40." Error is regretted.
Short-Term Investors:
1 Week: Bearish with a SL of 4918.10. Target at 4671.20.
1 Month: Bearish with a SL of 6289.00. Target at 4620.00.
3 Months: Bearish with a SL of 5080.00. Target at 2951.00.
1 Year: Bullish with a SL of 2575.00. Target at 6201.65.
BSE SENSEX:
Sell with a SL of 16622.05. Target at 16182.09.
Correction:
Yesterday it should have been typed as"Sell with a SL of 16622.05. Target at 16182.09." But We typed as"Sell with a SL of 16613.22. Target at 16023.98." Error is regretted.
Short-Term Investors:
1 Week: Bearish with a SL of 16606.95. Target at 15720.73.
1 Month: Bearish with a SL of 18381.96. Target at 14937.03.
3 Months: Bearish with a SL of 17361.47. Target at 12425.52.
1 Year: Bullish with a SL of 15197.60. Target at 18289.88.
Strong & Weak futures
This is list of 10 strong futures:
Balrampur Chini, PTC, Yes Bank, Patni, Polaris, Wipro, Jindal Steel, Crompton Greaves, Dr Reddy & Asian Paints.
And this is list of 10 Weak futures:
GMR Infra, EKC, Punj Lloyd, Purva, RCom, TV-18, Idea, Suzlon, JP Hydro & Rel Capital.
Nifty is in Down trend
INVESTMENT BUY:
Buy LOTUS CHOCOLATE (BSE Cash & BSE Code:523475)
Buy with a Stop Loss of 31.20. Above 36.30, it will zoom.
Today: May hold on gains.
1 Week: Bearish, surprisingly going up.
1 Month: Bearish, surprisingly going up.
3 Months: Bearish, surprisingly going up.
1 Year: Bullish, as per current market conditions.
Buy SBEC INTL (BSE Cash & BSE Code: 532102)
Buy with a Stop Loss of 13.46. Above 15.88, it will zoom.
1 Week: Bullish, as per current market conditions.
1 Month: Bullish, as per current market conditions.
3 Months: Bearish, surprisingly going up.
1 Year: Bullish, as per current market conditions.
FUNDS DATA
SPOT LEVELS
--
Arvind Parekh
+ 91 98432 32381
INTRADAY calls for 29th Oct 2009
+ve Script & Sector : SUGAR FKONCO
BUY Mindtree-604 @ 595 for 612-626+ with sl 590
BUY TATAMotors-562 @ 545 for 555-562+ with sl 538
BUY CrompGreav-361 @ 354 for 355-362+ with sl 348
SHORT NTPC-213 for 205-202+ with sl 216
BUY Saberorgan-45 @ 43 for 49-53+ with sl 40 [Positional]
NIFTY FUTURES (F & O):
Below 4808-4810 zone, selling may continue up to 4801 level and thereafter slide may continue up to 4780-4782 zone by non-stop.
Hurdles at 4837 & 4840 levels. Above these levels, expect short covering up to 4868-4870 zone and thereafter expect a jump up to 4896-4898 zone by non-stop.
Sell if touches 4905-4907 zone. Stop Loss at 4934-4936 zone.
On Negative Side, break below 4771-4773 zone can create panic up to 4742-4744 zone by non-stop. If breaks & sustains this zone then downtrend may continue.
Correction:
Yesterday it should have been typed as"Sell with a SL of 4918.10. Target at 4782.20." But We typed as"Sell with a SL of 4918.10. Target at 4789.40." Error is regretted.
Short-Term Investors:
1 Week: Bearish with a SL of 4918.10. Target at 4671.20.
1 Month: Bearish with a SL of 6289.00. Target at 4620.00.
3 Months: Bearish with a SL of 5080.00. Target at 2951.00.
1 Year: Bullish with a SL of 2575.00. Target at 6201.65.
BSE SENSEX:
Sell with a SL of 16622.05. Target at 16182.09.
Correction:
Yesterday it should have been typed as"Sell with a SL of 16622.05. Target at 16182.09." But We typed as"Sell with a SL of 16613.22. Target at 16023.98." Error is regretted.
Short-Term Investors:
1 Week: Bearish with a SL of 16606.95. Target at 15720.73.
1 Month: Bearish with a SL of 18381.96. Target at 14937.03.
3 Months: Bearish with a SL of 17361.47. Target at 12425.52.
1 Year: Bullish with a SL of 15197.60. Target at 18289.88.
Strong & Weak futures
This is list of 10 strong futures:
Balrampur Chini, PTC, Yes Bank, Patni, Polaris, Wipro, Jindal Steel, Crompton Greaves, Dr Reddy & Asian Paints.
And this is list of 10 Weak futures:
GMR Infra, EKC, Punj Lloyd, Purva, RCom, TV-18, Idea, Suzlon, JP Hydro & Rel Capital.
Nifty is in Down trend
INVESTMENT BUY:
Buy LOTUS CHOCOLATE (BSE Cash & BSE Code:523475)
Buy with a Stop Loss of 31.20. Above 36.30, it will zoom.
Today: May hold on gains.
1 Week: Bearish, surprisingly going up.
1 Month: Bearish, surprisingly going up.
3 Months: Bearish, surprisingly going up.
1 Year: Bullish, as per current market conditions.
Buy SBEC INTL (BSE Cash & BSE Code: 532102)
Buy with a Stop Loss of 13.46. Above 15.88, it will zoom.
1 Week: Bullish, as per current market conditions.
1 Month: Bullish, as per current market conditions.
3 Months: Bearish, surprisingly going up.
1 Year: Bullish, as per current market conditions.
FUNDS DATA
| FII trading activity on NSE and BSE in Capital Market Segment(In Rs. Crores) | ||||
| Category | Date | Buy Value | Sell Value | Net Value |
| FII | 28-Oct-2009 | 2536.3 | 3259.96 | -723.66 |
| DII trading activity on NSE and BSE in Capital Market Segment(In Rs. Crores) | ||||
| Category | Date | Buy Value | Sell Value | Net Value |
| DII | 28-Oct-2009 | 2127.35 | 1231.12 | +896.23 |
SPOT LEVELS
 | 4826.15 | ( -0.42 %) | -20.55 |  |
| 1 | 2 | 3 | ||
| Resistance | 4935.00 | 5023.30 | 5076.05 | |
| Support | 4793.95 | 4741.20 | 4652.90 | |
 | 16283.49 | ( -0.43 %) | -69.91 | | |
| 1 | 2 | 3 | |||
| Resistance | 16597.83 | 16842.25 | 16985.42 | ||
| Support | 16210.24 | 16067.07 | 15822.65 | ||
--
Arvind Parekh
+ 91 98432 32381
