Strong & Weak Stocks
This is list of 10 strong stocks:
Tata Motors, Dish TV, HCL Tech, Cipla, Hindalco, Dr Reddy, Polaris, Jindal Steel, Infosys Tech & Tata Steel.
And this is list of 10 Weak Stocks:
KS Oils, Orient Bank, India Info, LIC Housing, HCC, ALBK, RCOM, DCHL, Rel Infra & EKC.
The daily trend of nifty is in Down trend
- Supp / Resis SPOT/CASH LEVELS FOR INTRADAY
| Indices | Supp/Resis | 1 | 2 | 3 |
 | Nifty | Resistance | 6005.13 | 6033.72 | 6066.43 |
| Support | 5943.83 | 5911.12 | 5882.53 |
| Sensex | Resistance | 20020.52 | 20106.40 | 20204.44 |
| Support | 19836.60 | 19738.56 | 19652.68 |
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| | PRAKASH INDUSTRY (BUY) - RSI is at 32 neutral territory showing positive crossover indicating uptrend.
- Stochastic is moving in neutral zone showing positive crossover suggesting upside.
- MACD is likely to show bullish crossover.
- The stock has rebounded after undergoing a deep correction and has breached its resistance at 110 levels with good volumes indicating that it will move upwards from here.
| CMP | Buy/Sell | Target Price | Stop Loss | Support/ Resistance | 110.15 | BUY | 111.5/114/117 | 107 | 100/120 |
HEXAWARE TECH. (BUY) - RSI is at 70 overbought territory showing positive crossover indicating uptrend.
- MACD is showing positive divergence.
- Stock next resistance level seems at 103 if its break then stock could risel up to 110.
- Stochastic is at 65 levels and expecting to go up.
| CMP | Buy/Sell | Target Price | Stop Loss | Support/ Resistance | | 100.10 | BUY | 101.5/104/107 | 97 | 90/110 |
UFLEX (SELL) - RSI is trading in neutral territory at 31 showing negative crossover.
- MACD is likely to show bearish crossover.
- Stochastic is hovering in neutral zone showing negative crossover suggesting downside.
- Today stock has made new candlestick below 8 and 34 day EMA which is sign of downtrend.
| CMP | Buy/Sell | Target Price | Stop Loss | Support/ Resistance | | 195.50 | SELL | 193/188/183 | 201 | 180/210 |
IRB INFRASTRUCTURE (SELL) RSI is at 35 showing negative crossover indicating downtrend.Stochastic is trading in oversold territory at 21 showing negative crossover. Stock is trading below 08 and 34 day EWMA and showing correction.
| CMP | Buy/Sell | Target Price | Stop Loss | Support/ Resistance | | 210.10 | SELL | 208/206/200 | 215 | 200/220 |
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| | | | | | Yesterday, markets witnessed weakness and Nifty closed near 5,975 level. Nifty is moving below short term 20DMA and 50DMA moving averages and short term underlying trend is expected to remain negative till the time Nifty trades below these levels. Immediate bigger support for Nifty now comes at 5,950 and break below 5,950 it may check 5,900-5,850 again on the downside. Immediate resistance comes at 5,992 (20DMA) and 6,063 (50 DMA) levels sustaining above these level may put Nifty in bullish zone and lead to 6,180 to 6,250 levels. On the derivatives front the Nifty Futures prices inclined along with incline in the open interest with positive cost of carry indicating accumulation of long position at lower level. For the coming session, Nifty is likely to consolidate between 5,900 to 6,065 level and a round of covering from 5,900-5,940 level cannot be ruled out which could lead to Nifty above 6,200 level. Indian markets is likely to open with downward bias tracking weak cues from global markets. Thereafter, Nifty is likely to drift down in morning trade and could touch 5940-5960 level but a round of short covering could be witnessed from these levels. | US markets |
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| | US stocks ended on a mixed note. The initial gains came in light of an agreement on extending the Bush-era tax cuts for all income levels, while the late-session pullback came as traders considered the amount of detail still up in the air regarding the proposal. In the debate over tax cuts, President Barack Obama came to an agreement with Republicans on a tentative framework for the extension of all of the Bush tax cuts, including the tax cuts for the wealthy. While some economists and international parties have called on the US to reduce spending and raise taxes to deal with budget shortfalls, neither major party has shown a willingness to do so. In news on overseas monetary policy, the Reserve Bank of Australia left its key interest rate unchanged at 4.75% and the Bank of Canada kept its overnight rate steady at 1%. On the corporate front, Citigroup closed at its best level since late April after the US Treasury Department announced plans to sell the remaining 2.4 billion shares or 7% stake it holds in the firm. | |
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| European markets |
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| | European markets closed higher led by miners and construction related stocks as US president Obama's decision to extend tax breaks bolstered recovery hopes in the world's biggest economy. The US president agreed to extend Bush-era tax cuts that were set to expire at the end of 2010 by a further two years, and unemployment benefits for the long-term jobless for 13 months. In economic news, British manufacturing output rose 0.6% month-over-month in October following a 0.2% rise in September. Meanwhile, UK industrial output edged down 0.2% in October, countering expectations for a 0.3% growth. This follows a 0.4% increase in September. In Germany, factory orders grew 1.6% sequentially in October after falling 4% in the previous month. However, the growth rate was weaker than the consensus forecast of 1.9%. | |
| Index | Latest | 1 D Chg(%) | YTD(%) | | NSE Index (07 Dec 2010) | 5976.55 | -0.26 | 14.91 | | Sensex (07 Dec 2010) | 19934.64 | -0.23 | 14.14 | | Dow Jones Ind. .. (07 Dec 2010) | 11359.16 | -0.03 | 8.93 | | Nasdaq Composit.. (07 Dec 2010) | 2598.49 | 0.14 | 14.51 | | Hang Seng (07 Dec 2010) | 23428.15 | 0.82 | 7.11 | | Straits Times (07 Dec 2010) | 3191.88 | 0.33 | 10.16 | | FTSE 100 (07 Dec 2010) | 5808.45 | 0.66 | 7.31 | | CAC 40 (07 Dec 2010) | 3810.50 | 1.63 | -3.20 | | | Sectors | Close | 1D Chg(%) | | BSE IT | 6286.37 | 0.31 | | BSEPSU | 9437.05 | -0.69 | | OILGAS | 10505.97 | 0.90 | | | Advance Decline Ratio | Value(in Cr.) | Index | | 1.73 | 982.36 | SENSEX | | 1.50 | 7503.81 | NIFTY | |
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| SENSEX | NIFTY | | Top Gainers | Close | 1D Gain(%) | YTD(%) | | Hindalco Industries Ltd. | 226.85 | 2.51 | 41.12 | | NTPC Ltd. | 191.25 | 2.22 | -18.86 | | Maruti Suzuki India Ltd. | 1432.40 | 1.61 | -8.16 | | | Top Gainers | Close | 1D Gain(%) | YTD(%) | | Hindalco Industries Ltd. | 226.80 | 2.46 | 41.00 | | NTPC Ltd. | 191.60 | 2.43 | -18.69 | | HCL Technologies Ltd. | 435.90 | 2.29 | 17.40 | | | | | Top Losers | Close | 1D Loss(%) | YTD(%) | | ICICI Bank Ltd. | 1110.30 | -3.50 | 26.79 | | State Bank of India | 2865.40 | -2.96 | 26.26 | | DLF Ltd. | 299.05 | -2.95 | -17.20 | | | Top Losers | Close | 1D Loss(%) | YTD(%) | | Axis Bank Ltd. | 1324.50 | -4.19 | 33.90 | | ICICI Bank Ltd. | 1110.50 | -3.54 | 26.62 | | DLF Ltd. | 297.90 | -3.40 | -17.52 | |
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| Top |
Most Active Stocks by value (in Cr) | | BSE | Close | %Chg | Value(in Cr.) | Volume | | SBI | 2952.85 | -2.96 | 307.42 | 1066620 | | Tata Steel | 634.95 | 0.73 | 107.50 | 1682077 | | ICICI Bank | 1150.55 | -3.50 | 82.19 | 739253 | | Tata Motors | 1358.50 | -1.96 | 80.43 | 604026 | | RIL | 1019.75 | 1.05 | 76.35 | 739727 | | | | | NSE | Close | %Chg | Value(in Cr.) | Volume | | SBI | 2952.35 | -2.98 | 1120.23 | 3886619 | | ICICI Bank | 1151.20 | -3.54 | 700.77 | 6303028 | | Tata Motors | 1357.85 | -1.65 | 639.95 | 4801008 | | RIL | 1020.15 | 1.04 | 528.55 | 5119800 | | Tata Steel | 635.05 | 0.68 | 440.47 | 6892610 | | | | | | Strike Price | Value | Price | %Chg | | Most Active Calls by Contract Value (in Cr) | | NIFTY ( 30 Dec 2010 ) | 6000.00 | 1016247.16 | 101.15 | -1.29 | | NIFTY ( 30 Dec 2010 ) | 6100.00 | 650137.58 | 56.00 | -3.04 | | | Most Active Puts by Contract Value (in Cr) | | NIFTY ( 30 Dec 2010 ) | 6000.00 | 883074.01 | 94.15 | 5.47 | | NIFTY ( 30 Dec 2010 ) | 5900.00 | 794724.20 | 59.90 | 7.93 | | | Most Active Future by Contracts Value (in Cr) | | SBIN ( 30 Dec 2010 ) | - | 152758.50 | 2889.25 | 2.87 | | TATAMOTORS ( 30 Dec 2010 ) | - | 110885.30 | 1333.45 | 1.44 | |
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| | International News | | | | | - South Africa's inflation expectations eased notably in the fourth quarter. Inflation expectations of South African analysts, businesses and trade unions in the fourth quarter averaged 5.4% for this year compared to 5.7% anticipated in the third quarter. (RTT News)
- Austria's annual wholesale price inflation increased in November. The wholesale price index rose 7.7% year-on-year in November, faster than a 7% growth in the previous month. A year earlier, wholesale prices were down 3%. (RTT News)
- Zimbabwe's debt-saddled central bank is to lay off 1,600 workers, three quarters of its staff in a bid to balance its budget. Gideon Gono, the bank's controversial governor who was widely blamed for presiding over rampant printing of Zimbabwe's now abandoned local dollar which ended in hyperinflation. (Economic Times)
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| Domestic News | | | | | - Reserve Bank of India (RBI) deputy governor Subir Gokarn has said that though Micro Finance Institutions (MFIs) could be under stress, there is no threat to their survival. (LiveMint)
- Toyota Kirloskar Motor (TKM) plans to invest an additional Rs. 500 crore to set up engines and transmissions plant for its Etios sedan and hatchback cars, a senior company official has said. (The Hindu)
- Power utility CESC, an RPG Group company, said that it was diversifying into hydro-electric generation and would set up a 90 MW unit in Arunachal Pradesh. (Money Control)
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| Currency | Exchange-Rate | 1D Chg(%) | 1M Chg(%) | | EUR | 59.72 | -0.33 % | -1.06 % | | GBP | 70.61 | 0.00 % | -1.39 % | | USD | 44.84 | -0.02 % | -2.61 % | | | FIIs Activity | Rs. Cr. | MTD | YTD | | Equity in flows | 2932.40 | 20373.30 | 721730.10 | | Equity Out flows | 2855.40 | 17653.60 | 587794.50 | | Net | 77.00 | 2719.70 | 133935.70 | | |
