Strong & Weak futures
This is list of 10 strong future:
Titan, Triveni, Indusind Bank, Cummins Ind, Sun TV, Lupin, Assian Paint, Dabur, BOB & Auro Pharma.
And this is list of 10 Weak futures:
Orchid Chem,GMR Infra, IOB, LITL, Renuka, India Info, KFA, Ranbaxy, ICSA & Praj Ind.
Nifty is in Down trend
SPOT INDEX LEVELS TODAY
 | 4718.65 | ( -2.61 %) | -126.70 |  |
| 1 | 2 | 3 | ||
| Resistance | 4799.65 | 4880.65 | 4934.30 | |
| Support | 4665.00 | 4611.35 | 4530.35 | |
 | 15790.93 | ( -2.68 %) | -434.02 | | |
| 1 | 2 | 3 | |||
| Resistance | 16100.52 | 16410.10 | 16597.65 | ||
| Support | 15603.39 | 15415.84 | 15106.26 | ||
NIFTY FUTURES (F & O):
Above 4731 level, expect short covering up to 4756-4758 zone and thereafter expect a jump up to 4782-4784 zone by non-stop.
Support at 4698 level. Below this level, selling may continue up to 4694 level by non-stop.
Below 4666-4668 zone, expect panic up to 4641-4643 zone by non-stop.
On Positive Side, cross above 4875-4877 zone can take it up to 4900-4902 zone by non-stop. Supply expected at around this zone and have caution.
Short-Term Investors:
Bearish Trend.
Down Side Target at 4424.10.
Stop Loss at 4949.90.
India's Stocks Fall, Triggering Correction, on Growth Concern
U.S. Stocks Jump in Final Hour, Metals Rally; Dollar Pares Gain
U.S. stocks rose, with the Dow Jones Industrial Average erasing a 167-point drop in the final hour of trading, on speculation the European Union may propose a solution for Greece's budget deficit. Oil, gold and copper rebounded, and the dollar pared its gain.
| FII trading activity on NSE and BSE in Capital Market Segment(In Rs. Crores) | ||||
| Category | Date | Buy Value | Sell Value | Net Value |
| FII | 05-Feb-2010 | 1517.98 | 3244.76 | -1726.78 |
| DII trading activity on NSE and BSE in Capital Market Segment(In Rs. Crores) | ||||
| Category | Date | Buy Value | Sell Value | Net Value |
| DII | 05-Feb-2010 | 2090.05 | 921.07 | 1168.98 |
Global Stocks at 3-Month Lows, But US Market Rebounds
DBS Aims to Grow in China and India, Cut Reliance on Singapore
Manufacturing Payrolls in U.S. Expand as Caterpillar, GE Hire
Caterpillar Inc. and General Electric Co. are among companies hiring workers as the global economy recovers, contributing to the first increase in U.S. manufacturing payrolls in three years last month.
Japan, U.S. discuss common economic challenges
G7 meets in Arctic with euro debt woes top of agenda
Financial reform talks break down in Senate
Illinois Democrats no cure for what ails Obama
Bank failures to keep rising in 2010, despite GDP rebound
Gerard Cassidy, a banking analyst at RBC Capital Markets, reckons 175 to 200 banks will fail this year and the number may keep climbing, making 2011 or 2012 the peak year for the current cycle.
"We still see hundreds of bank failures over this cycle, and we're not certain when the cycle will end," he said. "If you assume that the cycle lasts five years and that bank failures began in late 2007 or early 2008, it will be 2013 before we can say it's over."
This year's tally: 16 so far
Disclosure: I don't have any positions in NIFTY FUTURES.
--
Arvind Parekh
+ 91 98432 32381
