Strong & Weak Stocks
This is list of 10 strong Stocks:
Titan, Lupin, Asian Paint, Dabur, BRFL, JindalSaw, Chambal Fert, Triveni, Auropharma & OBC.
And this is list of 10 Weak Stocks:
Baja Hind, Renuka, ICSA, DLF, Orchid Chem, Tata Steel, Ranbaxy, KFA, Punj Llyod & GMR Infra.
Nifty is in Down trend
 | 4757.20 | ( -0.74 %) | -35.45 |  |
| 1 | 2 | 3 | ||
| Resistance | 4806.67 | 4856.13 | 4885.42 | |
| Support | 4727.92 | 4698.63 | 4649.17 | |
 | 15922.17 | ( -0.75 %) | -120.01 | | |
| 1 | 2 | 3 | |||
| Resistance | 16078.20 | 16234.22 | 16327.32 | ||
| Support | 15829.08 | 15735.98 | 15579.96 | ||
NIFTY FUTURES (F & O):
Selling may continue up to 4728-4730 zone for time being.
Hurdles at 4761 & 4771 levels. Above these levels, expect short covering up to 4802-4804 zone and thereafter expect a jump up to 4834-4836 zone by non-stop.
Cross above 4865-4867 zone, can take it up to 4896-4898 zone by non-stop. Supply expected at around this zone and have caution.
On Negative Side, rebound expected at around 4697-4699 zone. Stop Loss at 4665-4667 zone.
Short-Term Investors:
Bearish Trend.
Down Side Target at 4424.10.
Stop Loss at 4949.90.
Equity:
HMT (NSE Cash) (1 Week Holding)
Looks good in Weekly Chart. It crossed all resistance levels in Weekly Chart, as per my formula.
Target as per Weekly Chart is at around 110 level.
Stop Loss is at 93 level.
THINKSOFT (NSE Cash) (1 Week Holding)
Looks good in Weekly Chart. It crossed all resistance levels in Weekly Chart, as per my formula.
Target as per Weekly Chart is at around 565 level.
Stop Loss is at 501 level.
HDFCBANK (NSE Cash):
Bulls may get trapped at higher levels during intra-day trades today. Expect Negative News within 3 days.
IBREALEST (NSE Cash):
Bulls may get trapped at higher levels during intra-day trades today. Expect Negative News within 6 days.
HINDCOPPER (NSE Cash):
Bulls may get trapped at higher levels during intra-day trades today. Expect Negative News within 6 days.
HINDPETRO (NSE Cash):
Bulls may get trapped at higher levels during intra-day trades today. Expect Positive News within 5 days.
BPCL (NSE Cash):
Bulls may get trapped at higher levels during intra-day trades today. Expect Negative News within 2 days.
OPTIONS (NSE):
NIFTY 4700 PUT OPTION
Explosive. If rally continues, then it may continue up to 125 level by non-stop.
If profit booking starts, then it can slide up to 56 level by non-stop.
Support Levels: 61,67 & 76 levels.
Resistance Levels: 93,94,104,107 & 118 levels.
TATASTEEL 540 PUT OPTION
Explosive. If rally continues, then it may continue up to 52 level by non-stop.
If profit booking starts, then it can slide up to 21 level by non-stop.
STOCK FUTURES (NSE):
SUNTV FUTURES
Sentiment is weak. No trend, as per technicals.
If selling continues, then it may continue up to 334 level by non-stop.
If short covering starts, then expect a jump up to 411 level by non-stop.
Resistance Levels: 376,402 & 406 Levels.
Support Levels: 337,364,367 & 369 Levels.
Related News:
A large block deal of 33.66 lakh shares was struck at Rs 381 and another of 33.66 lakh shares at Rs 370. Both the deals were struck on BSE.
M&M FUTURES
If selling continues, then it can tumble up to 892 level today & expect further fall up to 831 level on (or) before expiry.
If short covering starts, then it can zoom up to 1005 level today & expect a jump up to 1066 level by non-stop.
Related News:
The equal partnership between Renault and Mahindra and Mahindra is all set to get modified. While, the change may result in either an exit or in one of the players ending up with a token stake.
However, it is said that the two companies are working on various options, including Renault buying out Mahindra's 51% stake in the joint venture or Mahindra buying out Renault's 49% stake.
Tata Consultancy to add 30,000 staff in FY11
Steel Secy says no SAIL bonus issue plan
DLF says sells homes worth 4.8 bln rupees in Jan
IOC head: to import 11 mln T crude oil from Iraq
FY10 GDP growth at around 7.75 pct - fin min
Telenor completes stake buy in India phone firm
Reliance's Gas Supplies May Have Cut India's Spot LNG Demand
Sugar-Cane Crop Area in India to Rise Marginally, Official Says
Cochin Shipyard, Indian Aircraft-Carrier Builder, Mulls IPO
Bharat Heavy Aims Overseas as Larsen, Toshiba Expand
Bharat Heavy Electricals Wins Order Worth 4.95 Billion Rupees
Euro zone in intense talks on Greek rescue plan
Stocks slip as Bernanke offsets Greece report
Vale Will `Struggle' to Meet Iron Ore Demand as China's Economy Expands
China's Jan. consumer prices up less-than-expected 1.5%, but wholesale prices jump 4.3%
China's January producer price index up 4.3%
China consumer inflation rises less than expected
China bank lending rises to $204 bln in January
US, Europe Will All Default On Their Debt: Marc Faber
| FII trading activity on NSE and BSE in Capital Market Segment(In Rs. Crores) | ||||
| Category | Date | Buy Value | Sell Value | Net Value |
| FII | 10-Feb-2010 | 2319.78 | 2528.4 | -208.62 |
| DII trading activity on NSE and BSE in Capital Market Segment(In Rs. Crores) | ||||
| Category | Date | Buy Value | Sell Value | Net Value |
| DII | 10-Feb-2010 | 1192.09 | 732.98 | 459.11 |
Disclosure: I don't have any positions in the above said scrips & NIFTY FUTURES.
Disclaimer:
"I do not make any warranties, express or implied, as to results to be obtained from using the information in this e-letter. Investors should obtain individual financial advice based on their own particular circumstances before making any investment decisions based upon information in this report."
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Arvind Parekh
+ 91 98432 32381
Arvind Parekh
+ 91 98432 32381
