PARASRAM's daily newsletter JUNE 02, 2010 Visit us at www.parasramindia.com
 
Index Performance
Index

Sensex

 Nifty
Open 16574.79 5970.75
High 16774.15 5031.20
Low 16571.45 4967.05
Today's Cls 16741.84 5019.85
Prev Cls 16572.03 4970.20
% Change +1.02% +1.00%
Index Performance
Index

Dow

 Nasdaq
Open 10133.94 2244.79
High 10218.33 2277.39
Low 10013.50 2220.89
Today's Cls 10024.02 2222.33
Prev Cls 10136.63 2222.13
% Change -1.11% 0.00%
Market Indicators
Top Movers (Group A)
Company Price
(Rs)		 %
chg

Gainers
RCOM 155.95 12.32
IDEA 53.95 10.10
BHARTIARTL 270.40 5.21
RELINFRA 1089.10 4.29
AMBUJACEM 111.00 3.88

Losers

SUZLON 54.45 -2.07
PNB 985.00 -1.20
WIPRO 650.60 -1.17
JINDALSTEL 624.85 -1.14
ITC 281.45 -0.55
 MARKET ROUND UP (From the Research Desk)

 

Today on 2nd June our market closed in green. Nifty closed up 50 points and BSE Sensex gained 170 points. Advance/decline ratio was very much in favor of bulls both at NSE and BSE. In NSE 469 stocks declined in comparison to 862 advancing stocks whereas in BSE 1255 stocks declined and 1516 gained.

 
NIFTY VIEW FOR 03-06-2010

 

Nifty closed just above 5008 (200 DMA). Big fight is going on between bulls and bears near 200 DMA line. Fresh weakness to start only below 4930 on closing basis by spot nifty. Till then it is in a trading zone. Nifty to become positive only if it closes above 5112 for two consecutive days. Nifty future maintained 25 points discount to spot nifty throughout the day. Nifty support levels for intraday are 4999-4967-4935-4903 and Resistance levels are 5031-5063-5095-5112.

 

 

 

 

BANKNIFTY FUTURE: - Intraday levels for today are support at 9058-8975-8892-8807 and resistance levels are 9142-9228-9290-9314.

 

 

 
TECHNICAL VIEW ON STOCKS

 

 

DATE

POSITIONAL STOCK

STATUS

17/3/2010

Divis Lab

Target achieved

17/3/2010

Ntpc

Target achieved

17/3/2010

Jindal Saw

First Target achieved

17/3/2010

Cipla

Target achieved

22/3/2010

Godrej

Target achieved

22/3/2010

Punjllyod

Target achieved

25/3/2010

Rpower

First Target achieved

26/3/2010

Sbin

Target achieved

26/3/2010

Areva T&D

Sl Triggered

29/3/2010

Tv 18

Target achieved

30/3/2010

Hotel leela

First Target achieved

1/4/2010

Relinfra

Target achieved

1/4/2010

Pfc

Target achieved

5/4/2010

Idbi

Target achieved

8/4/2010

Wipro

Sl Triggered

12/4/2010

Petronet

Pending

13/4/2010

India Cement

Sl Triggered

15/4/2010

Triveni

Sl Triggered

16/4/2010

Godrej Ind

First Target achieved

19/4/2010

L&T

First Target achieved

23/4/2010

Idbi

First Target achieved

4/5/2010

Punjllyod

Target achieved

10/5/2010

Jindal steel

Target achieved

 

 

Disclaimer: The information provided in the document is from publicly available data and other sources, which we believe are reliable. It also includes analysis and views expressed by our research team. The report is purely for information purposes and does not construe to be investment recommendation/advice. Investors should not solely rely on the information contained in this document and must make investment decisions based on their own investment objectives, risk profile and financial position. Efforts are made to try and ensure accuracy of data however, Shri Parasram Holdings Pvt. Ltd. and/or any of its affiliates and/or employees shall not be liable for loss or damage that may arise from any error in this document. This document is not for public distribution and should not be reproduced or redistributed without prior permission.

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