PARASRAM's daily newsletter JULY 08, 2010 Visit us at www.parasramindia.com
 
Index Performance
Index

Sensex

Nifty
Open 17,536.48 55242.00
High 17,728.37 5320.50
Low 17,536.48 5242.00
Today's Cls 17,651.73 5296.85
Prev Cls 17,471.03 5241.10
% Change 1.03% +1.06%
Index Performance
Index

Dow

Nasdaq
Open 9736.85 2099.66
High 10029.83 2159.79
Low 9716.38 2098.11
Today's Cls 10018.28 2159.47
Prev Cls 9743.62 2159.47
% Change 2.82% 0.00%
Market Indicators
Top Movers (Group A)
Company Price
(Rs)
%
chg

Gainers

BPCL 701.55 6.44
STER 164.80 3.39
GAIL 470.00 2.68
UNITECH 74.40 2.41
SBIN 2352.00 2.08

Losers

ACC 838.40 -1.83
SUNPHARMA 1743.60 -1.57
RELINFRA 1176.00 -1.00
POWERGRID 102.00 -0.68
RPOWER 174.65 -0.63
 MARKET ROUND UP (From the Research Desk)

 

Today on 8th July our market closed in green. Nifty opened with a gap up on global cues but nifty is looking tired at higher levels. Nifty closed up 56 points and BSE Sensex gained 181 points. However advance/decline ratio was very flat at BSE but at NSE it was in favor of bulls. Nifty Future added more than 18 lakhs (prov.) shares in open interest.

 

 

NIFTY VIEW FOR 09-07-2010

 

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 5281-5242-5203 and Resistance levels are 5320-5340-5360-5398.

 

 

 

 

BANKNIFTY FUTURE: - Intraday levels for today are support at 9525-9395-9351 and resistance levels are 9655-9698-9784.

 

 

 

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

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

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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