Strong & Weak stocks
This is list of 10 strong
Titan, India Cement, Ambuja Cement, Jindal Saw, BEL, GTL Infra, Bhushan Steel, Siemens, Mphasis & Chambal Fert.
And this is list of 10 Weak
IOB, EKC, DLF, Tata Comm, Bank Of India, Recltd, Renuka, ICSA, Bajaj Hind & Bharti Airtel.
Nifty is in Up trend
 | 4855.75 | ( 1.12 %) | 53.80 |  |
| 1 | 2 | 3 | ||
| Resistance | 4893.38 | 4931.02 | 4982.03 | |
| Support | 4804.73 | 4753.72 | 4716.08 | |
 | 16226.68 | ( 1.17 %) | 188.33 | | |
| 1 | 2 | 3 | |||
| Resistance | 16350.95 | 16475.22 | 16640.05 | ||
| Support | 16061.85 | 15897.02 | 15772.75 | ||
NIFTY FUTURES (F & O):
Above 4866 level, rally may continue up to 4877 level and thereafter expect a jump up to 4903-4905 zone by non-stop.
Support at 4831 & 4855 levels. Below these levels, expect profit booking up to 4789-4791 zone and thereafter slide may continue up to 4750-4752 zone by non-stop.
Buy if touches 4736-4738 zone. Stop Loss at 4697-4699 zone.
On Positive Side, cross above 4917-4919 zone can take it up to 4956-4958 zone by non-stop. If crosses & sustains this zone then uptrend may continue.
Short-Term Investors:
Bearish Trend.
Down Side Target at 4424.10.
Stop Loss at 4949.90.
Equity:
RELIANCE (NSE Cash)
Buy for Intra-Day Gains. Target at level 1039.00.
Stop Loss at 992 level.
DLF (NSE Cash)
Buy for Intra-Day Gains. Target at 321.00 level.
Stop Loss at 303.00 level.
ICICIBANK (NSE Cash)
Buy for Intra-Day Gains. Target at 876.00 level.
Stop Loss at 812.00 level.
LT (NSE Cash):
Bulls may get trapped at higher levels during intra-day trades today. Expect Positive News within 2 days.
NFL (NSE Cash):
Bulls may get trapped at higher levels during intra-day trades today. Expect Positive News within 4 days.
BOMDYEING (NSE Cash):
Bulls may get trapped at higher levels during intra-day trades today. Expect Negative News within 3 days.
IVRCLINFRA (NSE Cash):
Bulls may get trapped at higher levels during intra-day trades today. Expect Negative News within 5 days.
ALOKTEXT (NSE Cash):
Bulls may get trapped at higher levels during intra-day trades today. Expect Positive News within 2 days.
OPTIONS (NSE):
NIFTY 4800 CALL OPTION
Surprise move by Bulls & Bears got stunned. Consolidation needed & Bulls should not get excited.
If rally continues, then rally may be capped upside at around 143 level.
Support at 73 level. If profit booking starts, then it can slide up to this level.
TATASTEEL 560 CALL OPTION
Excellent move by Bulls. Technically Bulls should continue to dominate.
If rally continues, then rally may be capped upside at around 21 level.
Support at 4 level. If profit booking starts, then it can slide up to this level.
STOCK FUTURES (NSE):
RANBAXY FUTURES
Buy with a Stop Loss of 406 level for Intra-Day Gains.
Target at 474 level.
PUNJLLOYD FUTURES
Bears got trapped & Bulls done a magic. Bullish Trend may continue for today & No Clear Trend up to expiry.
Buy with a Stop Loss of 173 level with a Target of 198 level. Upside may be capped up to 202 level on (or) before expiry. That will be disappointing.
Stop Loss up to expiry should be at around 170 level.
Ford India to launch compact Figo in March
India unsure of 3G auction by March; deficit eyed
India cbank head says can't target inflation
Bharti's $9 Billion Zain Deal Signals Revival in Indian Foreign Investment
Indian Asset Sales 'Big Rigamarole' for Foreign Funds
Indian Sugar Mills Delay Imports as Prices Decline, Sucden Says
Sugar mills in India, the world's biggest consumer, have slowed imports as decline in domestic prices to the lowest in more than a month has made purchases unprofitable, according to broker Sucden India Pvt..
Tata Steel Group Profit Falls on Weak European Demand
Bharti Considers $5 Billion Rights Issue, Times of India Reports
Bharti Bid May Revive Indian Appetite for Overseas Takeovers
Indian Rupee Rises on Optimism Budget Will Unveil Asset Sales
India's rupee strengthened to the strongest level in more than a week on optimism the government will unveil plans to spur investment and economic growth in its budget due to be released on Feb. 26.
Obama ups nuclear investment for climate fight
Obama stimulus plan halted economic freefall, White House
Prominent hedge funds jumping into financials
Buffett's Berkshire cuts Conoco, J&J, P&G stakes
Credit card delinquency rates level off
Simon Property offers $10 billion for General Growth
EU tells Greece more deficit cuts may be needed
Goldman Sachs, Greece Didn't Disclose Swap, Leaving Bond Buyers `Fooled'
China Cuts U.S. Treasury Holdings by Most in Decade; Japan Buys More Debt
U.S. probing HSBC?
Obama to Sign Order for Commission to Tackle Deficit
Soros Boosted Stakes in AT&T, Hess, Ford
Blackberry Maker RIM Warns of Bandwidth Crisis
| FII trading activity on NSE and BSE in Capital Market Segment(In Rs. Crores) | ||||
| Category | Date | Buy Value | Sell Value | Net Value |
| FII | 16-Feb-2010 | 1697.46 | 1311.74 | 385.72 |
| DII trading activity on NSE and BSE in Capital Market Segment(In Rs. Crores) | ||||
| Category | Date | Buy Value | Sell Value | Net Value |
| DII | 16-Feb-2010 | 988.97 | 1441.71 | -452.74 |
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
Arvind Parekh
+ 91 98432 32381
