PARASRAM's daily newsletter JUNE 16, 2010 Visit us at www.parasramindia.com
 
Index Performance
Index

Sensex

 Nifty
Open 17,500.30 5,225.05
High 17,530.38 5,255.65
Low 17,407.30 5,214.90
Today's Cls 17,462.87 5,233.35
Prev Cls 17,412.83 5,222.35
% Change 0.29% 0.21%
Index Performance
Index

Dow

 Nasdaq
Open 10,192.40 2,256.48
High 10,416.11 2,307.98
Low 10,192.40 2,256.44
Today's Cls 10,404.77 2,305.88
Prev Cls 10,190.89 2,305.88
% Change 2.10% 0.00%
Market Indicators
Top Movers (Group A)
Company Price
(Rs)		 %
chg

Gainers
M&M 635.20 4.45
TATAMOTORS 778.40 2.46
RELCAPITAL 754.15 2.21
STER 690.10 2.11
HDFC 2911.00 1.82

Losers

SAIL 197.25 -2.06
AXISBANK 1219.90 -2.04
RPOWER 173.95 -2.00
ACC 863.50 -1.86
IDFC 162.20 -1.85
 MARKET ROUND UP (From the Research Desk)

 

Today on 16th June market remained in a range and closed almost flat. Nifty closed up 5 points and BSE Sensex gained just 28 points. Advance/decline ratio was also very flat. Nifty future traded in discount throughout the day indicating profit booking at higher level.

 
NIFTY VIEW FOR 17-06-2010

 

Nifty will gain strength further if it is able to close above 5285 and below 5170 weakness. Nifty support levels for intraday are 5214-5194-5170 and Resistance levels are 5256-5276-5296.

 

 

 

 

BANKNIFTY FUTURE: - Intraday levels for today are support at 9481-9427-9373 and resistance levels are 9540-9588-9645.

 

 
TECHNICAL VIEW ON STOCKS

 

CHAMBAL FERT:-  It has taken good support around 59 level and the outlook is bullish till it hold this level . Buy call was given today on 16th June with Target of 67-70.

 

 

 

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
12/4/2010 Petronet Pending
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 Pending

 

 

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