PARASRAM's daily newsletter April 13, 2010 Visit us at www.parasramindia.com
 
Index Performance
Index

Sensex

Nifty
Open 17,831.38 5,340.85
High 17,892.78 5,356.50
Low 17,736.09 5,301.70
Today's Cls 17,821.96 5,322.95
Prev Cls 17,853.00 5,306.20
% Change -0.17% 0.31%
Index Performance
Index

Dow

Nasdaq
Open 11,006.72 2,454.95
High 11,072.70 2,467.94
Low 10,925.86 2,445.26
Today's Cls 11,019.42 2,465.99
Prev Cls 11,005.97 2,465.99
% Change 0.12% 0.00%
Market Indicators
Top Movers (Group A)
Company Price
(Rs)
%
chg

Gainers

INFOSYSTCH 2777.00 3.50
HCLTECH 356.80 3.42
TCS 820.70 2.83
WIPRO 718.50 2.39
RPOWER 159.25 2.21

Losers

IDFC 167.30 -3.96
HEROHONDA 1975.10 -3.61
RCOM 171.20 -3.00
HDFC 2750.00 -2.75
SAIL 229.70 -2.69
 MARKET ROUND UP (From the Research Desk)

 

Today on 13th April Market closed in red. Nifty was down 17 points and Sensex lost more than 31 points. However IT stocks were out performer after an upbeat announcement of result by infosys and CNXIT closed 2.6% up. Advance/decline ratio was very much same at both NSE and BSE. There was no major change in open interest.

 

NIFTY VIEW FOR 15-04-2010

 

Short term trend in Nifty is still bullish. 5290 and 5235 are the major support levels for the whole week. Nifty support levels for intraday are 5308-5290-5278 and Resistance levels are 5338-5368-5384-5400.

 

 

BANKNIFTY FUTURE: - 9450 to act as support for all long position. Intraday support exists at 9476-9450-9388 and resistance at 9558-9602-9646.

 

 

TECHNICAL VIEW ON STOCKS
 

 

INDIA CEMENT :- This stock is technically good till it stays above 132. Buy call was given on 13th April, 2010 for a target of 143-149 with stop loss below 132.

 

 

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 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
13/4/2010 INDIA CEMENT  Pending
 

 

 

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