Strong & Weak
This is list of 10 strong
Praj Ind, Hexaware, Core Protect, Ruchi Soya, Ispat Ind, Aban, Hind Zinc, BalramPur Ch, Sterlite & Renuka.
And this is list of 10 Weak
Welcorp, Orbit Corp, IOC, Ashok Ley, SCI, Ibrealest, Dena Bank, UCO Bank, Hind Petro & Central Bank.
The daily trend of nifty is in Up trend
Indices | Supp/Resis | 1 | 2 | 3 |
 | Nifty | Resistance | 6118.05 | 6134.25 | 6162.10 |
Support | 6074.00 | 6046.15 | 6029.95 |
 | Sensex | Resistance | 20441.95 | 20494.82 | 20578.74 |
Support | 20305.16 | 20221.24 | 20168.37 |
Scripts to watch on 30th Dec. : ACC, Bhartiatl, Bhel, BPCL, Bajaj-Auto, DLF, HDFCBank, ICICIBank, IDFC, L&T, M&M, Maruti, ONGC, Reliance, SBI, TataMotors, TataPower, Tisco, Wipro, Bajaj-Auto, DrReddy, HDFC, Rpower, SesaGoa,
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| Yesterday, Nifty surged and closed above 6,100 mark. After forming a Double bottom on daily chart, Nifty gave a break out in last trading session with healthy volumes, which is a strong bullish signal. Today, Nifty is likely to open on a flat note following mixed clues from Asian markets. Resistance for Nifty now seems at 6,130-6,150 while support stand at 6,060-6015. On upside, if level of 6,130 breached decisively then we could see rise up to the mark of 6,150-6,180. On downside, the first support will be at 6,060, followed by the 50-days Moving Average of 6,015. The advance tax numbers were encouraging for the third quarter, clearly reflecting the continued good showing of Indian companies. Therefore, we believe that FII investors will continue to invest in India as Indian markets increasingly became one of the most attractive destinations in the world. Oil & gas, capital goods and defensive picks, like Pharma were among the sectors that saw higher rollovers on the long side for January series. Technical indicators like MACD and RSI are also supporting its uptrend move. MACD is showing positive divergence, crossing its signal line (9 Days exponential moving average) from the below. Further, MACD is above the zero line, would set-up for a more long-term move upward if maintained. The RSI also looks strong at 60 with plenty of upside potential before any over-sold indications. | |
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| DREDGECORP (BUY) - RSI is at 55 neutral territory showing positive crossover.
- MACD is showing positive divergence.
- Stock next resistance level seems at 480 if its break then stock could rise up to 500.
- Today stock has made new candlestick above 34 day EMA which is sign of uptrend.
CMP | Buy/Sell | Target Price | Stop Loss | Support/ Resistance | 459 | BUY | 463/468/475 | 450 | 420/490 |
RAJESH EXPORT (BUY) - RSI is at 78 level, indicating more buying.
- MACD is showing positive divergence.
- Stochastic is hovering in neutral zone showing positive crossover.
CMP | Buy/Sell | Target Price | Stop Loss | Support/ Resistance | 135.70 | BUY | 137/140/143 | 130 | 120/150 |
BAJAJ HIND (BUY) - RSI is showing a reversal trend after a sharp correction.
- MACD is showing positive divergence.
- Stochastic is at 80 levels and it has given a buy crossover.
- Today stock has made new candlestick above 34 day EMA which is sign of uptrend.
CMP | Buy/Sell | Target Price | Stop Loss | Support/ Resistance | 122.45 | BUY | 124/127/130 | 118 | 110/140 |
E CLERX (BUY) - RSI is close to the neutral zone at the level of 45 and indicating uptrend.
- MACD is likely to show positive divergence.
- Stochastic is moving in neutral territory showing positive crossover also indicating upside.
- The stock has just crossed its 34 days exponential moving average and it is trading above it indicating a short term bullish trend.
CMP | Buy/Sell | Target Price | Stop Loss | Support/ Resistance | 720.50 | BUY | 730/740/750 | 705 | 670/780 |
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| US markets closed marginally lower as investors booked profit after markets rose to two-year highs. Investors sold stocks despite reports on weekly jobless claims, Chicago-area manufacturing activity and pending-home sales came better than expected. Volumes remained light on holiday season. Early in the day, Labour department report showed that for the first time since July 2008, initial unemployment claims fell below 4,00,000. Claims declined by 34,000 to 3,88,000 in the week ended December 25. Later report showed that, Chicago regional business activity soared to a 22-year high in December with reading rising to 68.6 in December from 62.5 in November. Additionally, National Association of Realtors said its pending home sales index rose by 3.5% in November following a downwardly revised 10.1% increase in October. Retreat in oil prices on higher than expected US crude inventories data pulled energy stocks down. | |
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| European markets closed lower pulled by banking and energy stocks. Investors locked in profit as valuations get stretched after markets rose close to two year's high. This was the last full trading day on European markets as London markets will close early on Friday for New Year's Eve and won't reopen until Tuesday. French markets will also close at midday Friday along with other Euronext markets. Volumes once again remained thin as investors have gone for the New Year's holiday. Energy related stocks declined after oil prices tumbled as crude inventories fell less than expected. Mining related stocks managed to edged higher as metal prices continued to make new highs. | |
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Index | Latest | 1 D Chg(%) | YTD(%) | NSE Index (30 Dec 2010) | 6101.85 | 0.68 | 17.32 | Sensex (30 Dec 2010) | 20389.07 | 0.66 | 16.74 | Dow Jones Ind. .. (30 Dec 2010) | 11569.71 | -0.14 | 10.95 | Nasdaq Composit.. (30 Dec 2010) | 2662.98 | -0.15 | 17.36 | Hang Seng (30 Dec 2010) | 22999.34 | 0.13 | 5.15 | Straits Times (30 Dec 2010) | 3212.46 | 0.14 | 10.87 | FTSE 100 (30 Dec 2010) | 5971.01 | -0.42 | 10.31 | CAC 40 (30 Dec 2010) | 3850.76 | -1.03 | -2.17 | | Sectors | Close | 1D Chg(%) | BSE IT | 6827.59 | 1.03 | BSEPSU | 9400.39 | 0.96 | OILGAS | 10553.19 | -0.06 | | Advance Decline Ratio | Value(in Cr.) | Index | 5.00 | 568.60 | SENSEX | 4.00 | 7239.30 | NIFTY | |
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SENSEX | NIFTY | Top Gainers | Close | 1D Gain(%) | YTD(%) | NTPC Ltd. | 201.90 | 2.00 | -14.34 | Hero Honda Motors Ltd. | 1991.90 | 1.88 | 16.05 | Tata Motors Ltd. | 1296.20 | 1.87 | 63.54 | | Top Gainers | Close | 1D Gain(%) | YTD(%) | Suzlon Energy Ltd. | 54.60 | 5.51 | -39.57 | NTPC Ltd. | 202.25 | 2.20 | -14.17 | Tata Motors Ltd. | 1300.15 | 2.06 | 64.25 | | | | Top Losers | Close | 1D Loss(%) | YTD(%) | HDFC Bank Ltd. | 2302.45 | -1.18 | 35.41 | Oil And Natural Gas Corporatio... | 1294.25 | -0.64 | 9.91 | Bajaj Auto Ltd. | 1476.95 | -0.26 | 67.67 | | Top Losers | Close | 1D Loss(%) | YTD(%) | Bharat Petroleum Corporation L... | 659.20 | -1.48 | 3.72 | HDFC Bank Ltd. | 2305.50 | -0.96 | 35.44 | Kotak Mahindra Bank Ltd. | 444.95 | -0.88 | 10.28 | |
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Most Active Stocks by value (in Cr) | BSE | Close | %Chg | Value(in Cr.) | Volume | SBI | 2752.80 | -0.12 | 71.58 | 259345 | Tata Motors | 1272.35 | 1.87 | 57.37 | 445222 | Tata Steel | 667.90 | 0.43 | 50.10 | 745529 | InfosysTechn | 3399.50 | 1.21 | 39.90 | 116162 | Hero Honda | 1955.15 | 1.88 | 33.92 | 172127 | | | NSE | Close | %Chg | Value(in Cr.) | Volume | SBI | 2755.20 | -0.20 | 581.24 | 2106254 | ICICI Bank | 1129.45 | 0.66 | 424.95 | 3741694 | InfosysTechn | 3404.90 | 1.23 | 386.51 | 1123961 | Tata Motors | 1273.85 | 2.06 | 372.71 | 2887614 | RIL | 1048.60 | 0.25 | 349.93 | 3328572 | | | | Strike Price | Value | Price | %Chg | Most Active Calls by Contract Value (in Cr) | NIFTY ( 30 Dec 2010 ) | 6100.00 | 2838252.62 | 1.35 | 522.22 | NIFTY ( 30 Dec 2010 ) | 6000.00 | 1038186.68 | 97.00 | -29.07 | | Most Active Puts by Contract Value (in Cr) | NIFTY ( 30 Dec 2010 ) | 6000.00 | 1882104.66 | 0.05 | 10700.00 | NIFTY ( 30 Dec 2010 ) | 6100.00 | 1665613.53 | 0.05 | 77100.00 | | Most Active Future by Contracts Value (in Cr) | SBIN ( 30 Dec 2010 ) | - | 93482.32 | 2749.20 | 0.33 | SBIN ( 27 Jan 2011 ) | - | 73911.84 | 2770.65 | 0.27 | |
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| | | | - Retail sales in Hong Kong grew less than expected in November.Sales volume increased 15.2% year-on-year in November, slower than a revised 19.7% growth in the previous month. (RTT News)
- The Euro-coin indicator rose for a third consecutive month in December. The indicator, that evaluates the current economic situation in the euro area, rose to 0.49 from November's 0.45, consistent with an underlying annualized growth rate of 2%. (RTT News)
- Japanese major Sony Corp has filed a patent-infringement complaint against rival and South Korean conglomerate LG Electronics related to certain mobile phones and modems. The alleged patent violations are related to image and audio technologies used in mobile phones, among others. The compliant has been filed with the US International Trade Commission. (Economic Times)
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| | | - Government has approved the infusion of the second tranche of equity of Rs 1,200 crore to ailing Air India with the condition that its management should rationalise the wage structure of over 25,000 employees. (Indian Express)
- Carrefour S.A. made its long awaited entry into India by opening its first cash-and-carry store in the east of New Delhi, as the French retailer moves forward with its plan to expand in major emerging markets. (The Wall Street Journal)
- Worried over its dues that are understood to be about Rs 550 crore from Ispat Industries, State Trading Corporation (STC) has written for recovery to JSW Steel, which has announced acquisition of majority stake in the debt-ridden firm. (Economic Times)
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Currency | Exchange-Rate | 1D Chg(%) | 1M Chg(%) | EUR | 59.47 | 0.42 % | -1.47 % | GBP | 69.69 | 0.38 % | -2.68 % | USD | 44.90 | -0.49 % | -2.48 % | | FIIs Activity | Rs. Cr. | MTD | YTD | | 1783.90 | 60249.90 | 761606.70 | | 1178.80 | 60552.60 | 630693.50 | | 605.10 | -302.70 | 130913.30 | | |