Strong & Weak Stocks
This is list of 10 strong Stocks:
ONGC, RCOM, UCO Bank, Nagarjuna Const, Vijaya Bank, Colpal, DCB, Federal Bank, Uniphos & Yes Bank.
And this is list of 10 Weak Stocks:
Grasim, Aban Off shore, Punj Lloyd, Bhushan Steel, Suzlon, Tata Steel, MTNL, Triveni, Hindalco & Mphasis.
The daily trend of nifty is in Uptrend
SPOT/ CASH INDEX LEVELS TODAY
 | 5110.50 | ( 1.81 %) | 90.65 |  |
| 1 | 2 | 3 | ||
| Resistance | 5150.75 | 5191.00 | 5256.30 | |
| Support | 5045.20 | 4979.90 | 4939.65 | |
 | 17022.33 | ( 1.68 %) | 280.49 | | |
| 1 | 2 | 3 | |||
| Resistance | 17134.55 | 17246.76 | 17420.90 | ||
| Support | 16848.20 | 16674.06 | 16561.85 | ||
 Corporate News Headline | |
| • | BHEL, Larsen & Toubro and Russian firm Power Machines, among others have evinced interest in supplying to Jindal Power's two thermal plants in Jharkhand. The company invited bids for the supply of boilers, turbines and generator package for these projects and received a positive response from various national and international suppliers. (BS) |
| • | NTPC Ltd is set to buy controlling stake in a coal field in Australia in a deal valued at USD 1 bn to USD 1.5 bn. The 720-million-tonne Australian coal field will enable state-run NTPC to fire about 3,500 megawatt of power capacity. (BS) |
| • | Reliance Communications is considering a merger with South Africa's MTN or roping in a strategic foreign investor to raise funds. (BS) |
| | |
| Economic and Political Headline | |
| • | Driven by higher prices of pulses, milk and fruits, food inflation rose to 16.55% for the week ended May 22. Potatoes and onions became cheaper by 34.09% and 11.55%, respectively. Prices of pulses, on the other hand, shot up by 30.84%, that of milk by 21.12%, fruits 13.7% and vegetables 1.34%. Among other food items, rice and wheat turned costlier by 7.30% and 3.07% respectively. (BS) |
| • | Service industries in the US expanded in May for a fifth straight month. The Institute for Supply Management's index of non- manufacturing businesses, which makes up almost 90 percent of the economy, held at 55.4 for a third month. Readings above 50 signal expansion. (Bloomberg) |
| • | Orders placed with US factories rose in April for an eighth month. The 1.2% increase in bookings followed a revised 1.7% gain in March that was larger than previously estimated, the Commerce Department said. Factory shipments rose 0.6%. (Bloomberg) |
Today Market Upadate on http://www.indiabulls.com/securities/mailermis/morning-brief/morning-brief-04Jun2010.htm
Derivatives EOD Report on http://www.indiabulls.com/securities/mailermis/derivative-strategy/derivative-EOD-03-Jun-2010.htm
CASH MARKET SUPPORT / RESISTANCE LEVELS
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| *LTP stands for Last Traded Price as on Thursday, June 03, 2010 4:04:54 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 | 03-Jun-2010 | 2109.86 | 1703.64 | 406.22 |
| DII trading activity on NSE and BSE in Capital Market Segment(In Rs. Crores) | ||||
| Category | Date | Buy Value | Sell Value | Net Value |
| DII | 03-Jun-2010 | 1103.05 | 1024.04 | 79.01 |
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
