Strong & Weak Stocks
This is list of 10 strong Stocks:
Chambal Fert, Titan, Triveni, Dabur, SunTV, Asian Paint, BOB, Chennai Petro, Cummins Ind & BRFL.
And this is list of 10 Weak Stocks:
ICSA, Bajaj Hind, Orchid Chem, Ranbaxy, Renuka, JP Associat, EKC, India Info, HIndalco & IOB.
Nifty is in Down trend
 | 4760.40 | ( 0.07 %) | 3.15 |  |
| 1 | 2 | 3 | ||
| Resistance | 4814.50 | 4868.60 | 4938.15 | |
| Support | 4690.85 | 4621.30 | 4567.20 | |
 | 15935.61 | ( 0.13 %) | 19.96 | | |
| 1 | 2 | 3 | |||
| Resistance | 16114.02 | 16292.42 | 16523.44 | ||
| Support | 15704.60 | 15473.58 | 15295.18 | ||
NIFTY FUTURES (F & O):
Below 4727 level, expect profit booking up to 4673-4675 zone and thereafter slide may continue up to 4638-4640 zone by non-stop.
Hurdles at 4775 & 4782 levels. Above these levels, rally may continue up to 4799-4801 zone and thereafter expect a jump up to 4834-4836 zone by non-stop.
Cross above 4851-4853 zone, can take it up to 4886-4888 zone by non-stop. Supply expected at around this zone and have caution.
On Negative Side, rebound expected at around 4620-4622 zone. Stop Loss at 4586-4588 zone.
Short-Term Investors:
Bearish Trend.
Down Side Target at 4424.10.
Stop Loss at 4949.90.
Equity:
SBIN (NSE Cash)
Buy with a Stop Loss of 1884 level.
Upward Target as per Daily Chart is at around 2014 level.
Related News:
Indian banking stronger than BRIC counterparts: Ficci survey
Banks must influence technology for financial inclusion: Pranab
BHARTIARTL (NSE Cash)
Buy with a Stop Loss of 299 level.
Upward Target as per Daily Chart is at around 324 level.
Related News:
Trai mulls coming up with consultation paper on telecom towers.
ICICIBANK (NSE Cash):
Bulls may get trapped at higher levels during intra-day trades today. Expect Negative News within 2 days.
INFOSYSTCH (NSE Cash):
Bulls may get trapped at higher levels during intra-day trades today. Expect Negative News within 3 days.
IFCI (NSE Cash):
Bulls may get trapped at higher levels during intra-day trades today. Expect Positive News within 4 days.
STER (NSE Cash):
Bulls may get trapped at higher levels during intra-day trades today. Expect Negative News within 5 days.
SESAGOA (NSE Cash):
Bulls may get trapped at higher levels during intra-day trades today. Expect Negative News within 5 days.
OPTIONS (NSE):
NIFTY 4800 CALL OPTION
Book Profits. If rally continues, then rally may continue up to 130 level by non-stop.
If profit booking starts, then it can slide up to 37 level by non-stop.
Support Levels: 47,52,58,64,71,76 & 84 levels.
Resistance Levels: 102,110,117 & 121 levels.
TATASTEEL 560 CALL OPTION
Sideways Pattern with Negative bias. If selling continues, then it may continue up to 8 level.
If short covering starts, then it can zoom up to 24 level by non-stop.
STOCK FUTURES (NSE):
CHAMBLFERT FUTURES
Sideways Pattern with Positive bias. Upward Target as per Daily Chart is at 74.70 level.
Stop Loss is at 65.70 level.
LITL FUTURES
If rally continues, then it can zoom up to 47.45 level. Expected Target on (or) before expiry is at around 50.95 level.
If profit booking starts, then it can slide up to 42.80 level by non-stop. Stop Loss up to expiry is at around 35.90 level & too far
on down side.
Cargill's India Venture to Begin Sugar Production This Week
Asia to Pay Higher Yields at Debt Auctions, Allianz, CIMB Say
Oil, Copper, Sugar Are Top Commodity Picks, Morgan Stanley Says
Record India Share Sales May Falter as NTPC Shunned
India's drive to sell a record 250 billion rupees ($5.4 billion) of shares in state-owned companies to plug a deficit in government revenue may fall short after foreign investors shunned the year's biggest offering amid a stock market slump.
India Growth May Accelerate for First Time Since 2007
India's economic growth may accelerate this year for the first time since 2007, giving Finance Minister Pranab Mukherjee room to withdraw fiscal stimulus.
Indian Insurers May Pump Record $21 Billion in Nation's Stocks
Indian insurance companies may increase investments in the nation's stocks by 24 percent to a record $21 billion next fiscal year as premium collections rise, according to India's largest private insurers.
That's up from an expected $17 billion invested in the year to March 31, according to the average of estimates from ICICI Prudential Insurance Co., Bajaj Allianz Life Insurance Co., SBI Life Insurance Co. and Birla Sun Life Insurance Co.
Toyota readies Prius steps; U.S. production restarts
Euro zone debt worries sink Dow below 10,000
Obama's healthcare summit sets stage for end-game
Fed's Bullard: May see asset sales late 2010
Greece Says Call for Help Would Send `Worst Signal' as Bond Yields Surge
China's January Surge in Lending Probably Exceeded Fourth Quarter's Total
Trichet Leaves Sydney a Day Early to Attend European Union Leaders Meeting
SingTel Profit Rises 24% on Singapore Mobile Demand
Brazil May Tax Ore Exports as It Seeks More Steelmaking at Vale
Toyota Halts Some Hybrid Shipments, Prius Recall Looms
| FII trading activity on NSE and BSE in Capital Market Segment(In Rs. Crores) | ||||
| Category | Date | Buy Value | Sell Value | Net Value |
| FII | 08-Feb-2010 | 1714.24 | 2649.79 | -935.55 |
| DII trading activity on NSE and BSE in Capital Market Segment(In Rs. Crores) | ||||
| Category | Date | Buy Value | Sell Value | Net Value |
| DII | 08-Feb-2010 | 1112.3 | 731.23 | 381.07 |
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."
-- Arvind Parekh
+ 91 98432 32381
