PARASRAM's daily newsletter JUNE 17, 2010 Visit us at www.parasramindia.com
 
Index Performance
Index

Sensex

 Nifty
Open 17,490.52 5,233.65
High 17,647.42 5,285.55
Low 17,394.90 5,206.55
Today's Cls 17,616.69 5,274.85
Prev Cls 17,462.87 5,233.35
% Change 0.88% 0.79%
Index Performance
Index

Dow

 Nasdaq
Open 10,404.24 2,293.56
High 10,456.39 2,317.75
Low 10,289.37 2,290.26
Today's Cls 10,409.46 2,305.93
Prev Cls 10,404.77 2,305.93
% Change 0.05% 0.00%
Market Indicators
Top Movers (Group A)
Company Price
(Rs)		 %
chg

Gainers
LT 1780.45 3.44
JPASSOCAITE 126.50 3.23
TATAMOTORS 775.00 2.95
GAIL 462.05 2.49
RANBAXY 431.10 2.46

Losers

HEROHONDA 1982.60 -1.71
HINDUNILVR 252.40 -1.37
PNB 1030.00 -1.13
TATASTEEL 480.90 -0.96
SUNPHARMA 1687.00 -0.93
 MARKET ROUND UP (From the Research Desk)

 

Today on 17th June market closed in positive. Nifty closed up 40 points and BSE Sensex gained 157 points. However advance/decline ratio was also very flat. Nifty future went into 10 points premium indicating fresh short covering.

 

 
NIFTY VIEW FOR 18-06-2010

 

Nifty was unable to close above 5285. It will gain strength only above 5285 on closing basis. Nifty levels for intraday are 5244-5206-5170 and Resistance levels are 5286-5298.

 

 

 

 

BANKNIFTY FUTURE: - Intraday levels for today are support at 9513-9430-9347 and resistance levels are 9596-9680-9762.

 

 
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

 

 

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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