Market Outlook 25th May 2010

Strong & Weak Stocks

This is list of 10 strong stocks: 

Federal Bank, ABB, Hind Petro, Gail, UCO Bank, BPCL, Divi'S Lab, RECL, PFC & Titan.  

And this is list of 10 Weak Stocks

Aban Off shore, Educomp, HDIL, Sesa Goa, MTNL, Tata Steel, Ster, Punj Lloyd, Moser Bear & Hindalco.

The daily trend of nifty is in downtrend 

SPOT/CASH LEVELS TODAY

	4943.95	( 0.26 %)	12.80
		1	2	3
Resistance		5007.85	5071.75	5113.95
Support		4901.75	4859.55	4795.65

	16469.55		( 0.15 %)	23.94
			1	2	3
Resistance			16680.51	16891.47	17025.21
Support			16335.81	16202.07	15991.11

SUPPORT / RESISTANCE LEVELS TODAY

Company Name  Exchange LTP* R1 #1 S1 @1 R2 #2 S2 @2 R3 #3 S3 @3 Aban Offshore Ltd. NSE 700.50 720.27 685.37 740.03 670.23 755.17 650.47 ABB Ltd. NSE 829.05 831.58 824.93 834.12 820.82 838.23 818.28 Divi's Laboratories Ltd. NSE 719.45 732.97 702.97 746.48 686.48 762.97 672.97 Educomp Solutions Ltd. NSE 484.95 503.27 473.37 521.58 461.78 533.17 443.47 Federal Bank Ltd. NSE 311.90 318.13 308.03 324.37 304.17 328.23 297.93 Gail (India) Ltd. NSE 451.75 457.15 447.10 462.55 442.45 467.20 437.05 Hindalco Industries Ltd. NSE 145.60 152.77 141.32 159.93 137.03 164.22 129.87 Mahanagar Telephone Nigam Ltd. NSE 56.75 57.98 55.83 59.22 54.92 60.13 53.68 Moser Baer India Ltd. NSE 58.90 60.50 57.70 62.10 56.50 63.30 54.90 NSE Index NSE 4943.95 5007.85 4901.75 5071.75 4859.55 5113.95 4795.65 Punj Lloyd Ltd. NSE 130.85 134.52 128.67 138.18 126.48 140.37 122.82 Punjab National Bank NSE 982.70 1002.80 971.30 1022.90 959.90 1034.30 939.80 Sterlite Industries (India) Ltd. NSE 636.45 654.93 625.03 673.42 613.62 684.83 595.13 Tata Steel Ltd. NSE 501.05 518.33 489.43 535.62 477.82 547.23 460.53 Tata Tea Ltd. NSE 1070.05 1108.93 1046.23 1147.82 1022.42 1171.63 983.53 Titan Industries Ltd. NSE 2228.70 2305.80 2183.80 2382.90 2138.90 2427.80 2061.80 UCO Bank NSE 71.70 72.30 71.30 72.90 70.90 73.30 70.30

*LTP stands for Last Traded Price as on Monday, May 24, 2010 4:04:29 PM

#1R1   stands for Resistance level 1                         @1S1   stands for Support level 1

#2R2   stands for Resistance level 2                         @2S2   stands for Support level 2

#3R3   stands for Resistance level 3                         @3S3   stands for Support level 3

The levels given above are with respect to previous closing price on the NSE / BSE.

FII trading activity on NSE and BSE in Capital Market Segment(In Rs. Crores)
Category	Date	Buy Value	Sell Value	Net Value
FII	24-May-2010	2262.37	3257.69	-995.32

DII trading activity on NSE and BSE in Capital Market Segment(In Rs. Crores)
Category	Date	Buy Value	Sell Value	Net Value
DII	24-May-2010	1909.96	802.54	1107.42

Derivatives EOD Report on http://www.indiabulls.com/securities/mailermis/derivative-strategy/derivative-EOD-24-May-2010.htm

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