Strong & Weak Stocks
This is list of 10 strong stocks:
Orchid Chem, ABG Ship, Biocon, Federal Bank, Vijaya Bank, Ibrealest, Canara Bank, IDBI, Chambal Fert & Bhushan Steel.
And this is list of 10 Weak stocks:
GVKPIL, Bharti Airtel, Finan Tech, GMR Infra, TV-18, IVRCL Infra, Praj Ind, BGR Energy, Aban Off shore & Welcorp.
The daily trend of nifty is in Downtrend
Indices | Supp/Resis | 1 | 2 | 3 |
 | Nifty | Resistance | 6024.55 | 6067.00 | 6095.90 |
Support | 5953.20 | 5924.30 | 5881.85 |
 | Sensex | Resistance | 20003.09 | 20134.04 | 20224.25 |
Support | 19781.93 | 19691.72 | 19560.77 |
TRADING CALLS
SELL BIOCON SL 455 T 405
SELL ULTRATECH SL 1155 T 1055
SELL RELCAP BLW 820 T 810 800 SL 826
SELL RANBAXY BLW 483 T 477 472 SL 486
SELL SYNDIBANK BLW 130 T 125 120 SL 132
SELL NTPC BLW 204 T 200 196 SL 206
SELL BIRLACORP BLW 408 T 403 398 SL 410
SELL ANDRABANK BLW 166 T 163 160 SL 168
SELL DABUR BLW 101 T 99 97 SL 102
SELL IBREAL SL 210 T 190
SELL HDFC SL 740 T 650
SELL CHAMBLE SL 87 T 78
BUY GSPL SL 117 T 133
SELL SBIBANK SL 3200 T 3030
SELL BOBBANK SL 995 T 935
SELL CANBANK SL 65 T 618
SELL HDFCBANK SL 2424 T 2310
SELL IDFC SL 208 T 190
SELL TCS SL 988 T 945
SELL TISCO SL 60 T 600
BUY ACC SL 960 T 990
SELL INFOSYS SL 3027 T 2980
SELL LNT SL 1505 T 1465
SELL SESAGAO BLW 360 T 350 SL 365
SELL BOIBANK BLW 520 T 505 SL 525
SELL LIC BLW 1315 T 1290 SL 1320
BUY HINDZINC ABV 1240 T 1265 SL 1230
SPOT/CASH LEVELS FOR INTRADAY TRADING
Company Name  | Exchange | LTP* | R1 #1 | S1 @1 | R2 #2 | S2 @2 | R3 #3 | S3 @3 | Aban Offshore Ltd. | NSE | 810.40 | 823.60 | 801.60 | 836.80 | 792.80 | 845.60 | 779.60 | ABG Shipyard Ltd. | NSE | 325.10 | 337.28 | 306.93 | 349.47 | 288.77 | 367.63 | 276.58 | Bank of Baroda | NSE | 977.80 | 995.12 | 960.37 | 1012.43 | 942.93 | 1029.87 | 925.62 | Bank of India | NSE | 527.30 | 535.50 | 515.60 | 543.70 | 503.90 | 555.40 | 495.70 | Banking Index Benchmark Exchange Traded Scheme (Bank BeES) | NSE | 1227.43 | 1237.40 | 1220.05 | 1247.38 | 1212.68 | 1254.75 | 1202.70 | BGR Energy Systems Ltd. | NSE | 731.55 | 741.37 | 721.37 | 751.18 | 711.18 | 761.37 | 701.37 | Bharat Electronics Ltd. | NSE | 1763.95 | 1779.95 | 1743.00 | 1795.95 | 1722.05 | 1816.90 | 1706.05 | Bharat Forge Ltd. | NSE | 376.85 | 381.83 | 369.78 | 386.82 | 362.72 | 393.88 | 357.73 | Bharat Heavy Electricals Ltd. | NSE | 2499.00 | 2514.52 | 2485.87 | 2530.03 | 2472.73 | 2543.17 | 2457.22 | Bharat Petroleum Corporation Ltd. | NSE | 714.25 | 723.78 | 705.68 | 733.32 | 697.12 | 741.88 | 687.58 | Bharati Shipyard Ltd. | NSE | 236.70 | 246.28 | 226.73 | 255.87 | 216.77 | 265.83 | 207.18 | Bharti Airtel Ltd. | NSE | 321.25 | 327.70 | 316.80 | 334.15 | 312.35 | 338.60 | 305.90 | Bhartiya International Ltd. | NSE | 93.60 | 98.00 | 91.10 | 102.40 | 88.60 | 104.90 | 84.20 | Bhushan Steel Ltd. | NSE | 507.40 | 514.33 | 500.98 | 521.27 | 494.57 | 527.68 | 487.63 | Biocon Ltd. | NSE | 443.10 | 452.15 | 437.65 | 461.20 | 432.20 | 466.65 | 423.15 | Canara Bank | NSE | 655.30 | 674.20 | 630.20 | 693.10 | 605.10 | 718.20 | 586.20 | Chambal Fertilisers & Chemicals Ltd. | NSE | 84.65 | 86.63 | 83.13 | 88.62 | 81.62 | 90.13 | 79.63 | Fedders Lloyd Corporation Ltd. | NSE | 98.35 | 99.53 | 97.58 | 100.72 | 96.82 | 101.48 | 95.63 | Federal Bank Ltd. | NSE | 456.65 | 462.25 | 449.50 | 467.85 | 442.35 | 475.00 | 436.75 | Financial Technologies (India) Ltd. | NSE | 1143.05 | 1162.63 | 1130.83 | 1182.22 | 1118.62 | 1194.43 | 1099.03 | Finolex Cables Ltd. | NSE | 60.40 | 64.93 | 52.43 | 69.47 | 44.47 | 77.43 | 39.93 | Finolex Industries Ltd. | NSE | 121.55 | 124.53 | 119.73 | 127.52 | 117.92 | 129.33 | 114.93 | GMR Infrastructure Ltd. | NSE | 53.85 | 54.37 | 53.42 | 54.88 | 52.98 | 55.32 | 52.47 | GVK Power & Infrastructure Ltd. | NSE | 42.30 | 42.65 | 42.05 | 43.00 | 41.80 | 43.25 | 41.45 | IDBI Bank Ltd. | NSE | 166.05 | 169.77 | 160.07 | 173.48 | 154.08 | 179.47 | 150.37 | India Cements Ltd. | NSE | 111.75 | 113.67 | 110.47 | 115.58 | 109.18 | 116.87 | 107.27 | Indiabulls Financial Services Ltd. | NSE | 177.70 | 182.30 | 174.60 | 186.90 | 171.50 | 190.00 | 166.90 | Indiabulls Power Ltd. | NSE | 30.80 | 32.70 | 28.20 | 34.60 | 25.60 | 37.20 | 23.70 | Indiabulls Real Estate Ltd. | NSE | 209.35 | 219.27 | 193.17 | 229.18 | 176.98 | 245.37 | 167.07 | Indiabulls Securities Ltd. | NSE | 28.40 | 28.77 | 28.12 | 29.13 | 27.83 | 29.42 | 27.47 | Indian Bank | NSE | 284.95 | 291.97 | 280.47 | 298.98 | 275.98 | 303.47 | 268.97 | Indian Hotels Company Ltd. | NSE | 99.70 | 100.53 | 99.03 | 101.37 | 98.37 | 102.03 | 97.53 | Indian Oil Corporation Ltd. | NSE | 409.20 | 412.22 | 404.77 | 415.23 | 400.33 | 419.67 | 397.32 | Indian Overseas Bank | NSE | 154.75 | 157.30 | 152.35 | 159.85 | 149.95 | 162.25 | 147.40 | IVRCL Infrastructure & Projects Ltd. | NSE | 151.45 | 155.15 | 149.25 | 158.85 | 147.05 | 161.05 | 143.35 | NSE Index | NSE | 5982.10 | 6024.55 | 5953.20 | 6067.00 | 5924.30 | 6095.90 | 5881.85 | Orchid Chemicals & Pharmaceuticals Ltd. | NSE | 303.30 | 311.20 | 298.20 | 319.10 | 293.10 | 324.20 | 285.20 | Praj Industries Ltd. | NSE | 71.20 | 71.93 | 70.73 | 72.67 | 70.27 | 73.13 | 69.53 | Television Eighteen India Ltd. | NSE | 84.55 | 85.30 | 83.90 | 86.05 | 83.25 | 86.70 | 82.50 | Vijaya Bank | NSE | 102.55 | 105.37 | 99.72 | 108.18 | 96.88 | 111.02 | 94.07 | Welspun Corp Ltd. | NSE | 250.00 | 254.53 | 246.73 | 259.07 | 243.47 | 262.33 | 238.93 | Welspun India Ltd. | NSE | 61.75 | 62.62 | 61.07 | 63.48 | 60.38 | 64.17 | 59.52 | |
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*LTP stands for Last Traded Price as on Wednesday, October 20, 2010 4:04:14 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.
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| | | US Stocks closed sharply higher on Wednesday, nearly wiping out losses from the previous session, after the Federal Reserve reported it has seen "modest signs of growth" in the economy and as investors focused on strong earnings reports and a slide in the dollar. In earnings, aircraft manufacturer Boeing reported third quarter net income of USD 1.12 per share on revenues USD 17.0 billion, beating expectations for USD 1.05 per share and Wells Fargo said its third quarter net income was USD 0.60 per share, beating estimates by 5 cents. Total revenues came in at USD 20.88 billion, roughly in-line with estimates. Further, Morgan Stanley posted earned USD 0.05 per share also net revenues were USD 6.78 billion for the quarter, topping projections for USD 6.44 billion. Boeing was the leading percentage gainer in the Dow, rising by 3.4% and DuPont was the second leading gainer in the index, advancing by 2.4%. | | |
| | | European markets ended in positive following a rebound in commodity prices buoyed mining stocks although massive UK government spending cuts capped gains. Britain's Treasury chief George Osborne said that the country's government will make the largest cuts to public spending. Osborne confirmed he had ordered 83 billion pounds in spending cuts through 2015 which he claims are necessary along with tax increases to wipe out a spending deficit that reached 156 billion pounds last year. On the economic front, Germany's producer price inflation accelerated 3.9% in September from the previous year, mainly on account of rising energy prices and British public sector net borrowing, excluding the effects of financial interventions, increased to GBP 16.2 billion in September from GBP 15.5 billion in the same month a year ago. | | |
| | | The domestic bourses replicated previous session's extreme volatile movements, and finally closed below the 6,000 mark on Nifty. The benchmark indices kicked off the session on a weak note tracking negative global cues. The Asian markets were dragged following the weak closing for the US bourses overnight. Soon after the weak start, the indices gained strength and surpassed the baseline. But the upmove didn't last long and the market entered a volatile range with a negative bias. The rangebound trading broke when hefty selling pressure was witnessed during the final hour and the benchmarks were seen tasting fresh intraday lows. In the sectorial front, the Metal space was hammered the most as the index lost more than 2% amid profit booking. Besides, the Realty and FMCG sectors also witnessed substantial selling and declined by more than 1% each. Both the Nifty and Sensex closed well below the neutral zone. The NSE Nifty closed below the 6,000 mark, while the BSE Sensex ended below the 19,900 level. | | |
| | Index | Latest | 1 D Chg(%) | YTD(%) | NSE Index (20 Oct 2010) | 5982.10 | -0.75 | 15.02 | Sensex (20 Oct 2010) | 19872.15 | -0.56 | 13.78 | Dow Jones Ind. .. (20 Oct 2010) | 11107.97 | 1.18 | 6.52 | Nasdaq Composit.. (20 Oct 2010) | 2457.39 | 0.84 | 8.30 | Hang Seng (20 Oct 2010) | 23556.50 | -0.87 | 7.70 | Straits Times (20 Oct 2010) | 3179.15 | -0.41 | 9.72 | FTSE 100 (20 Oct 2010) | 5728.93 | 0.44 | 5.84 | CAC 40 (20 Oct 2010) | 3828.15 | 0.55 | -2.75 | | Sectors | Close | 1D Chg(%) | BSE IT | 6007.38 | -0.15 | BSEPSU | 10266.34 | -0.30 | OILGAS | 10754.64 | 0.16 | | Advance Decline Ratio | Value(in Cr.) | Exchange | 0.43 | 665.25 | SENSEX | 0.32 | 5029.95 | NIFTY | |
| SENSEX | NIFTY | Top Gainers | Close | 1D Gain(%) | YTD(%) | Tata Power Company Ltd. | 1390.45 | 1.16 | 0.91 | NTPC Ltd. | 205.90 | 0.91 | -12.64 | Larsen & Toubro Ltd. | 2004.90 | 0.54 | 19.38 | | Top Gainers | Close | 1D Gain(%) | YTD(%) | Ranbaxy Laboratories Ltd. | 587.10 | 1.82 | 13.35 | Tata Power Company Ltd. | 1391.55 | 1.21 | 0.73 | Bharat Petroleum Corporation L... | 714.25 | 0.92 | 12.38 | | | | Top Losers | Close | 1D Loss(%) | YTD(%) | Sterlite Industries (India) Lt... | 170.25 | -3.54 | -20.96 | Housing Development Finance Co... | 700.50 | -2.78 | 30.80 | Tata Steel Ltd. | 615.55 | -2.76 | -0.33 | | Top Losers | Close | 1D Loss(%) | YTD(%) | Sterlite Industries (India) Lt... | 170.15 | -3.52 | -21.19 | Housing Development Finance Co... | 697.90 | -3.16 | 30.41 | Sesa Goa Ltd. | 348.20 | -3.09 | -15.24 | |
| Top | Most Active Stocks by value (in Cr) | BSE | Close | %Chg | Value(in Cr.) | Volume | Tata Steel | 633.00 | -2.76 | 107.42 | 1731363 | SBI | 3121.50 | -0.87 | 102.93 | 331590 | RIL | 1043.85 | 0.46 | 92.19 | 876685 | ICICI Bank | 1118.05 | -0.48 | 40.22 | 359841 | Bharti Airte | 326.80 | -1.68 | 33.17 | 1026075 | | | NSE | Close | %Chg | Value(in Cr.) | Volume | RIL | 1044.40 | 0.48 | 438.21 | 4167720 | Tata Steel | 633.15 | -2.76 | 436.22 | 7034978 | SBI | 3116.60 | -0.71 | 399.98 | 1288905 | HDFC | 720.65 | -3.16 | 295.12 | 4196149 | InfosysTechn | 3010.20 | 0.28 | 268.27 | 886732 | | | | Strike Price | Value | Price | %Chg | Most Active Calls by Contract Value (in Cr) | NIFTY ( 28 Oct 2010 ) | 6100.00 | 1418349.70 | 34.50 | 55.80 | NIFTY ( 28 Oct 2010 ) | 6200.00 | 903973.48 | 15.10 | 67.22 | | Most Active Puts by Contract Value (in Cr) | NIFTY ( 28 Oct 2010 ) | 6000.00 | 1433407.54 | 69.90 | -11.30 | NIFTY ( 28 Oct 2010 ) | 6100.00 | 833619.91 | 122.65 | -12.84 | | Most Active Future by Contracts Value (in Cr) | RELIANCE ( 28 Oct 2010 ) | - | 91714.52 | 1055.55 | -0.41 | TATASTEEL ( 28 Oct 2010 ) | - | 91195.18 | 619.05 | 2.74 | |
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| | | | Crude oil rebounded nearly 3% to USD 81.77, the biggest daily percentage gain in more than a month, as a weaker dollar and a smaller-than-expected rise in U.S. crude stockpiles raise investors' risk appetite. Gold settled higher at USD 1 344.20 as the dollar fell sharply against the euro and yen after a report suggested that the U.S. Federal Reserve planned to boost growth by purchasing USD 500 billion in U.S. Treasury debt over six months. | | |
| | | - Britain's government has unveiled the harshest spending cuts for decades, slashing nearly half a million public sector jobs and taking the axe to welfare as it battles a record deficit.
- Morgan Stanley has said that it has recorded a loss during the third quarter because of special charges tied a loss on discontinued operations and the changing value of its own debt.
- Boeing Co , the world's largest aerospace and defense company, has posted a quarterly profit, reversing a year-ago loss, as the commercial airplane market recovered from a downturn.
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| | | - Gujarat State Petronet Ltd (GSPL)-led consortium beat GAIL to get rights to lay a 1,600-km line from Mallavaram on the east coast of Andhra Pradesh to Bhilwara in Rajasthan.
- Hyderabad-based IMIMobile, provider of mobile technology company has acquired WINplc, at a cost of USD 26 million, its first major overseas acquisition.
- The government is examining the demand for increasing Foreign Direct Investment (FDI) in the defence sector beyond the present 26% cap and might revisit the issue if it felt appropriate.
The dollar slid the most against the euro since July and reached a 15-year low versus the yen amid speculation the Federal Reserve will pump more cash into the economy. Boeing Co. and Yahoo! Inc. helped lead stocks higher after earnings beat estimates, while energy shares and oil rose. | | | |
Currency | Exchange-Rate | 1D Chg(%) | 1M Chg(%) | USD | 44.29 | -0.38 % | -1.48 % | EUR | 61.05 | -1.29 % | -0.20 % | GBP | 69.67 | -1.18 % | -1.42 % | | FIIs Activity | Rs. Cr. | MTD | YTD | | 3329.10 | 67795.30 | 589042.50 | | 2988.10 | 43775.70 | 480663.20 | | 341.00 | 24019.60 | 108379.40 | | | | |
Derivatives EOD Report on
http://www.indiabulls.com/securities/mailermis/derivative-strategy/derivative-EOD-20-Oct-2010.htm
Buy / Sell (Oct 19, 2010) |
| Buy | Sell | Net |
FII | 3267.69 | 3160.57 | 107.12 |
DII | 1279.35 | 1038.65 | + 240.70 |
*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 repor
--
Arvind Parekh
+ 91 98432 32381