Strong Stocks
This is list of 10 Strong Stocks:
Petronet, Tata Motors, Tata Comm, Allahabad Bank, Hind Zinc, IOB, Bank Of India, Tata Chem, UCO Bank & Dish TV.
Weak Stocks
This is the list of 10 Weak Stocks:
RNRL, ITC, Nagar Const, Punj Lloyd, Patni, R Power, EKC, ABB, Rcom & Maruti.
Daily trend of the market is up
Market is taking correction and it seems that it may go down further till its support, but as the trend is still up, so the readers who had created long positions in Nifty on 15th June may go on holding the longs.
| Indices | Supp/Resis | 1 | 2 | 3 |
 | Nifty | Resistance | 5459.47 | 5498.33 | 5522.07 |
| Support | 5396.87 | 5373.13 | 5334.27 |
| Sensex | Resistance | 18208.42 | 18346.64 | 18429.41 |
| Support | 17987.43 | 17904.66 | 17766.44 |
SPOT/ CASH LEVELS FOR INTRADAY TRADING
Company Name  | Exchange | LTP* | R1 #1 | S1 @1 | R2 #2 | S2 @2 | R3 #3 | S3 @3 | | ABB Ltd. | NSE | 776.20 | 784.72 | 770.97 | 793.23 | 765.73 | 798.47 | 757.22 | | Allahabad Bank | NSE | 203.80 | 206.75 | 202.05 | 209.70 | 200.30 | 211.45 | 197.35 | | Bank of Baroda | NSE | 762.15 | 765.73 | 757.78 | 769.32 | 753.42 | 773.68 | 749.83 | | Bank of India | NSE | 438.05 | 440.85 | 435.15 | 443.65 | 432.25 | 446.55 | 429.45 | | Banking Index Benchmark Exchange Traded Scheme (Bank BeES) | NSE | 1050.00 | 1059.33 | 1045.33 | 1068.67 | 1040.67 | 1073.33 | 1031.33 | | Dish TV India Ltd. | NSE | 49.05 | 49.73 | 48.53 | 50.42 | 48.02 | 50.93 | 47.33 | | Everest Industries Ltd. | NSE | 268.00 | 271.95 | 264.10 | 275.90 | 260.20 | 279.80 | 256.25 | | Everest Kanto Cylinder Ltd. | NSE | 118.10 | 120.18 | 116.83 | 122.27 | 115.57 | 123.53 | 113.48 | | Everonn Education Ltd. | NSE | 567.40 | 590.02 | 550.72 | 612.63 | 534.03 | 629.32 | 511.42 | | Hindalco Industries Ltd. | NSE | 164.55 | 168.83 | 161.73 | 173.12 | 158.92 | 175.93 | 154.63 | | Hindustan Motors Ltd. | NSE | 25.45 | 26.38 | 24.78 | 27.32 | 24.12 | 27.98 | 23.18 | | Hindustan Petroleum Corporation Ltd. | NSE | 465.65 | 473.62 | 454.87 | 481.58 | 444.08 | 492.37 | 436.12 | | Hindustan Unilever Ltd. | NSE | 261.25 | 264.23 | 259.23 | 267.22 | 257.22 | 269.23 | 254.23 | | Hindustan Zinc Ltd. | NSE | 1127.15 | 1152.40 | 1113.45 | 1177.65 | 1099.75 | 1191.35 | 1074.50 | | India Cements Ltd. | NSE | 106.25 | 108.80 | 104.80 | 111.35 | 103.35 | 112.80 | 100.80 | | India Infoline Ltd. | NSE | 99.10 | 100.73 | 98.03 | 102.37 | 96.97 | 103.43 | 95.33 | | Indiabulls Financial Services Ltd. | NSE | 157.00 | 164.13 | 152.68 | 171.27 | 148.37 | 175.58 | 141.23 | | Indiabulls Power Ltd. | NSE | 27.70 | 27.97 | 27.52 | 28.23 | 27.33 | 28.42 | 27.07 | | Indiabulls Securities Ltd. | NSE | 26.50 | 27.03 | 26.18 | 27.57 | 25.87 | 27.88 | 25.33 | | Indian Bank | NSE | 228.05 | 230.27 | 226.47 | 232.48 | 224.88 | 234.07 | 222.67 | | Indian Oil Corporation Ltd. | NSE | 375.90 | 380.80 | 372.00 | 385.70 | 368.10 | 389.60 | 363.20 | | Indian Overseas Bank | NSE | 125.75 | 129.13 | 123.68 | 132.52 | 121.62 | 134.58 | 118.23 | | Indraprastha Gas Ltd. | NSE | 311.95 | 315.57 | 306.67 | 319.18 | 301.38 | 324.47 | 297.77 | | IndusInd Bank Ltd. | NSE | 219.05 | 220.80 | 217.40 | 222.55 | 215.75 | 224.20 | 214.00 | | ITC Ltd. | NSE | 154.95 | 156.52 | 153.87 | 158.08 | 152.78 | 159.17 | 151.22 | | Maruti Suzuki India Ltd. | NSE | 1215.20 | 1229.72 | 1205.87 | 1244.23 | 1196.53 | 1253.57 | 1182.02 | | Nagarjuna Construction Co. Ltd. | NSE | 161.05 | 165.13 | 158.63 | 169.22 | 156.22 | 171.63 | 152.13 | | NSE Index | NSE | 5420.60 | 5459.47 | 5396.87 | 5498.33 | 5373.13 | 5522.07 | 5334.27 | | Petronet LNG Ltd. | NSE | 108.65 | 111.10 | 104.85 | 113.55 | 101.05 | 117.35 | 98.60 | | Reliance Capital Ltd. | NSE | 774.45 | 793.50 | 756.20 | 812.55 | 737.95 | 830.80 | 718.90 | | Reliance Communications Ltd. | NSE | 172.90 | 176.23 | 170.83 | 179.57 | 168.77 | 181.63 | 165.43 | | Reliance Industries Ltd. | NSE | 983.25 | 992.07 | 977.27 | 1000.88 | 971.28 | 1006.87 | 962.47 | | Reliance Infrastructure Ltd. | NSE | 1094.70 | 1114.45 | 1081.00 | 1134.20 | 1067.30 | 1147.90 | 1047.55 | | Reliance Natural Resources Ltd. | NSE | 39.00 | 39.57 | 38.67 | 40.13 | 38.33 | 40.47 | 37.77 | | Reliance Power Ltd. | NSE | 155.85 | 158.07 | 154.57 | 160.28 | 153.28 | 161.57 | 151.07 | | Tata Chemicals Ltd. | NSE | 362.20 | 370.30 | 357.30 | 378.40 | 352.40 | 383.30 | 344.30 | | Tata Coffee Ltd. | NSE | 472.40 | 486.25 | 453.30 | 500.10 | 434.20 | 519.20 | 420.35 | | Tata Communications Ltd. | NSE | 325.00 | 339.92 | 300.17 | 354.83 | 275.33 | 379.67 | 260.42 | | Tata Elxsi Ltd. | NSE | 257.55 | 261.53 | 255.08 | 265.52 | 252.62 | 267.98 | 248.63 | | Tata Motors Ltd. | NSE | 1006.70 | 1033.62 | 970.67 | 1060.53 | 934.63 | 1096.57 | 907.72 | | Tata Power Company Ltd. | NSE | 1334.45 | 1351.27 | 1321.37 | 1368.08 | 1308.28 | 1381.17 | 1291.47 | | Tata Steel Ltd. | NSE | 520.25 | 539.15 | 510.00 | 558.05 | 499.75 | 568.30 | 480.85 | | Tata Teleservices (Maharashtra) Ltd. | NSE | 23.90 | 24.58 | 23.43 | 25.27 | 22.97 | 25.73 | 22.28 | | UCO Bank | NSE | 96.80 | 97.73 | 96.03 | 98.67 | 95.27 | 99.43 | 94.33 | |
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*LTP stands for Last Traded Price as on Wednesday, August 11, 2010 4:05:01 PM |
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#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 |
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The levels given above are with respect to previous closing price on the NSE / BSE. |
| Buy / Sell (Aug 11, 2010) |
| | Buy | Sell | Net |
| FII | 2722.70 | 2808.51 | - 85.81 |
| DII | 1784.22 | 1760.72 | + 23.50 |
| *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
