Market Outlook 11th June 2010

Strong & Weak Stocks

This is list of 10 strong stocks 

RCOM, Dr Reddy, BRFL, TV-18, Dish TV, Asian Paint, Uniphos, UCO Bank, Vijaya Bank & Nagarjuna Const. 

And this is list of 10 Weak Stocks: 

Aban Off shore, Grasim, KS Oils, Punj Lloyd, Suzlon, MLL, MTNL, Hindalco, Tata Steel & Triveni.

The daily trend of nifty is in Uptrend 

We are witnessing too much of volatility in our market.

Even though out market is in uptrend but as  world wide markets are in downtrend so it is better to stay away from the market and re-enter when some more clarity comes in the market

Derivatives EOD Report on  http://www.indiabulls.com/securities/mailermis/derivative-strategy/derivative-EOD-10-Jun-2010.htm

SPOT/ CASH INDEX LEVELS TODAY

	5078.60	( 1.57 %)	78.30
		1	2	3
Resistance		5110.00	5141.40	5197.60
Support		5022.40	4966.20	4934.80

	16922.08		( 1.59 %)	264.19
			1	2	3
Resistance			17020.15	17118.22	17293.84
Support			16746.46	16570.84	16472.77

SUPPORT / RESISTANCE LEVELS IN CASH MARKET 

Company Name  Exchange LTP* R1 #1 S1 @1 R2 #2 S2 @2 R3 #3 S3 @3 Aban Offshore Ltd. NSE 645.60 653.05 637.10 660.50 628.60 669.00 621.15 Asian Paints Ltd. NSE 2311.55 2337.37 2275.37 2363.18 2239.18 2399.37 2213.37 Bank of Baroda NSE 732.70 737.70 726.90 742.70 721.10 748.50 716.10 Banking Index Benchmark Exchange Traded Scheme (Bank BeES) NSE 944.78 952.67 930.21 960.57 915.65 975.13 907.75 Bombay Rayon Fashions Ltd. NSE 232.00 237.52 222.87 243.03 213.73 252.17 208.22 Dish TV India Ltd. NSE 42.30 43.03 41.13 43.77 39.97 44.93 39.23 Grasim Industries Ltd. NSE 1769.70 1787.45 1754.50 1805.20 1739.30 1820.40 1721.55 Hindalco Industries Ltd. NSE 138.50 140.90 134.40 143.30 130.30 147.40 127.90 Mahanagar Telephone Nigam Ltd. NSE 53.85 54.42 53.12 54.98 52.38 55.72 51.82 Mahindra & Mahindra Ltd. NSE 592.75 602.43 580.53 612.12 568.32 624.33 558.63 Mercator Lines Ltd. NSE 43.95 44.50 43.10 45.05 42.25 45.90 41.70 Nagarjuna Construction Co. Ltd. NSE 187.80 191.08 182.93 194.37 178.07 199.23 174.78 NSE Index NSE 5078.60 5110.00 5022.40 5141.40 4966.20 5197.60 4934.80 Punj Lloyd Ltd. NSE 116.90 117.97 115.17 119.03 113.43 120.77 112.37 Punjab National Bank NSE 1019.10 1029.23 1009.48 1039.37 999.87 1048.98 989.73 Reliance Capital Ltd. NSE 681.70 690.13 669.13 698.57 656.57 711.13 648.13 Reliance Communications Ltd. NSE 174.35 176.90 170.40 179.45 166.45 183.40 163.90 Reliance Industries Ltd. NSE 1015.35 1019.48 1009.18 1023.62 1003.02 1029.78 998.88 Reliance Natural Resources Ltd. NSE 52.15 52.57 51.57 52.98 50.98 53.57 50.57 Suzlon Energy Ltd. NSE 53.90 54.77 52.57 55.63 51.23 56.97 50.37 Tata Motors Ltd. NSE 759.10 771.03 738.58 782.97 718.07 803.48 706.13 Tata Steel Ltd. NSE 471.45 477.30 461.65 483.15 451.85 492.95 446.00 Tata Tea Ltd. NSE 1071.20 1083.08 1054.78 1094.97 1038.37 1111.38 1026.48 Triveni Engineering & Industries Ltd. NSE 90.45 91.90 88.25 93.35 86.05 95.55 84.60 UCO Bank NSE 81.45 81.97 80.77 82.48 80.08 83.17 79.57 Uniphos Enterprises Ltd. NSE 31.70 32.12 31.07 32.53 30.43 33.17 30.02 Vijaya Bank NSE 62.20 62.62 61.62 63.03 61.03 63.62 60.62

*LTP stands for Last Traded Price as on Thursday, June 10, 2010 4:05:12 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	10-Jun-2010	1937.12	1692.36	244.76

DII trading activity on NSE and BSE in Capital Market Segment(In Rs. Crores)
Category	Date	Buy Value	Sell Value	Net Value
DII	10-Jun-2010	1042.73	1147.92	-105.19

*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