PARASRAM's daily newsletter

JULY 06, 2010

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Index Performance

Index	Sensex	Nifty
Open	17402.68	5136.10
High	17643.14	5973.45
Low	17395.58	5231.50
Today's Cls	17614.48	5289.05
Prev Cls	17441.44	5235.90
% Change	+0.99%	+1.02%

Index Performance

Index	Dow	Nasdaq
Open	9,732.23	2,105.50
High	9,770.87	2,110.66
Low	9,614.32	2,077.71
Today's Cls	9,686.48	2,091.79
Prev Cls	9,732.53	2,091.79
% Change	0.47%	0.00%

Market Indicators

Top Movers (Group A)
Company	Price (Rs)	% chg
Gainers
SUNPHARMA	1795.00	3.15
TCS	760.35	2.89
HDFCBANK	1962.45	2.47
JINDALSTEL	630.70	2.39
M&M	624.55	2.37
Losers
RCOM	182.35	-1.70
RPWER	178.20	-1.55
PNB	1062.00	-1.18
JPASSOCIAT	124.80	-1.03
ACC	854.00	-1.03

MARKET ROUND UP (From the Research Desk)

Today on 6th July our market closed in green. Nifty closed up 53 points and BSE Sensex gained 173 points. However advance/decline ratio was very flat at both NSE and BSE. In NSE 568 stocks declined in comparison to 797 advancing stocks whereas in BSE 1436 stocks declined and 1402 gained and Nifty Future added more than 17 lakhs (prov.) shares in open interest.

NIFTY VIEW FOR 07-07-2010

Above 5340 Nifty will enter bullish zone. Below 5160 on closing basis Nifty will show weakness till then it is in trading range. Nifty support levels for intraday are 5264-5231-5200-5165 and Resistance levels are 5297-5320-5340-5363-5396.

BANKNIFTY FUTURE: - Intraday levels for today are support at 9482-9384-9284 and resistance levels are 9582-9648-9682-9718.

TECHNICAL VIEW ON STOCKS

JPASSO: - It has taken good resistance level around 135 level and the outlook is bearish. Sell call was given today on 1st July with Target of 121-116-110.

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
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
16/6/2010	Chambal fert	First Target achieved
21/6/2010	BIOCON	Target achieved
22/6/2010	IVRCL Infra	Sl Triggered
23/6/2010	JINDAL STEEL	Target achieved
1/7/2010	JPASSO	Pending

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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