PARASRAM's daily newsletter April 12, 2010 Visit us at www.parasramindia.com
 
Index Performance
Index

Sensex

 Nifty
Open 17,874.16 5,354.15
High 17,995.25 5,382.15
Low 17,816.19 5,324.90
Today's Cls 17,853.00 5339.70
Prev Cls 17,933.14 5317.20
% Change -0.45% 0.41%
Index Performance
Index

Dow

 Nasdaq
Open 10,926.92 2,441.31
High 11,032.12 2,454.12
Low 10,894.19 2,432.93
Today's Cls 10,997.35 2,454.05
Prev Cls 10,927.07 2,454.05
% Change 0.64% 0.00%
-3.21---Market Indicators
Top Movers (Group A)
Company Price
(Rs)		 %
chg

Gainers
UNITECH 78.15 2.96
SUNPHARMA 1799.00 1.67
HEROHONDA 2089.00 1.56
HINDUNILVR 224.30 1.33
TATASTEEL 684.25 1.19

Losers

TATAMOTORS 780.85 -3.56
GAIL 410.95 -3.21
LT 1606.05 -2.11
M&M 517.95 -2.08
RELCAPITAL 773.60 -2.04
 MARKET ROUND UP (From the Research Desk)

 

Today on 12th April Market closed in red as IIP data came more or less on expected line . Nifty was down 23 points and Sensex lost more than 80 points. Advance/decline ratio was very much same at both NSE and BSE.  Nifty Future added 25 lakhs shares in open interest.

 
NIFTY VIEW FOR 13-04-2010

 

Short term trend in Nifty is still bullish. 5290 and 5235 are the major support levels for the whole week. Market will very closely watch the Infosys numbers to be announced today.. Nifty support levels for intraday are 5325-5290-5268 and Resistance levels are 5353-5384-5400-5440.

 

 

BANKNIFTY FUTURE: - 9450 and 9501 to act as support for all long position. Intraday support exists at 9551-9501-9470-9414 and resistance at 9620-9688-9756.

 
TECHNICAL VIEW ON STOCKS
 

 

PETRONET: - This stock has taken good support at the level of 80. It has a target of 91-97. Buy with stop loss below 77. A positional buy call was given on 12th April, 2010.

 

 

 

HOTEL LEELA: This stock has taken good support at the level of 45. It has a target of 52-55-59. Buy with stop loss below 45. A positional buy call was given on 30th March 2010.

 

 
DATE POSITIONAL STOCK STATUS
17/3/2010 Divis Lab Target achieved
17/3/2010 Ntpc First 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 Pending
29/3/2010 Tv 18 Target achieved
30/3/2010 Hotel leela Pending
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

 

 

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