PARASRAM's daily newsletter JULY 07, 2010 Visit us at www.parasramindia.com
 
Index Performance
Index

Sensex

 Nifty
Open 17623.66 5293.10
High 17623.66 5396.75
Low 17447.15 5233.45
Today's Cls 17471.03 5241.10
Prev Cls 17614.48 5289.05
% Change -0.81% -0.91%
Index Performance
Index

Dow

 Nasdaq
Open 9,689.21 2,122.28
High 9,880.76 2,136.30
Low 9,648.26 2,077.77
Today's Cls 9.743.62 2,093.88
Prev Cls 9,686.48 2,093.88
% Change 0.59% 0.00%
Market Indicators
Top Movers (Group A)
Company Price
(Rs)		 %
chg

Gainers
BHARTIARTL 276.15 1.69
RCOM 184.80 1.34
RELCAPITAL 760.20 1.12
TCS 765.40 0.82
POWERGID 102.080 0.73

Losers

ONGC 1265.05 -2.20
TATAMOTORS 751.70 -2.11
KOTAKBANK 750.10 -2.02
RELIANCE 1052.50 -1.99
STER 159.25 -1.94
 MARKET ROUND UP (From the Research Desk)

 

Today on 7th July our market closed in deep red. Nifty closed down 48 points and BSE Sensex lost 144 points. However advance/decline ratio was very flat at both NSE and BSE. Nifty Future added more than 26 lakhs (prov.) shares in open interest.

 

 
NIFTY VIEW FOR 08-07-2010

 

Above 5340 Nifty will enter bullish zone. Below 5210 and 5160 on closing basis Nifty will show weakness till then it is in trading range. Nifty support levels for intraday are 5231-5200-5169 and Resistance levels are 5265-5297-5329-5340-5361.

 

 

 

 

BANKNIFTY FUTURE: - Intraday levels for today are support at 9432-9378-9324-9270 and resistance levels are 9486-9540-9594-9648.

 

 
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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