PARASRAM's daily newsletter MAY 18, 2010 Visit us at www.parasramindia.com
 
Index Performance
Index

Sensex

 Nifty
Open 16,840.59 5,059.55
High 17,000.34 5,105.20
Low 16,744.13 5,024.25
Today's Cls 16,875.76 5,066.20
Prev Cls 16,835.56 5,059.90
% Change 0.24% 0.12%
Index Performance
Index

Dow

 Nasdaq
Open 10,616.98 2,352.77
High 10,707.30 2,364.65
Low 10,424.72 2,304.28
Today's Cls 10,625.83 2,354.23
Prev Cls 10,620.16 2,354.23
% Change 0.05% 0.00%
--Market Indicators
Top Movers (Group A)
Company Price
(Rs)		 %
chg

Gainers
LT 1660.00 3.30
PNB 1030.30 2.91
ONGC 1054.75 2.70
AMUBJACEM 107.75 2.18
RCOM 144.75 2.15

Losers

JINDALSTEL 637.05 -3.13
SIEMENS 679.85 -2.32
STER 687.55 -1.87
HDFCBANK 1893.90 -1.81
TATAMOTORS 775.50 -1.74
 MARKET ROUND UP (From the Research Desk)

 

Today on 18th May market remained flat to positive. Market depth was also slightly in favor of bulls... Nifty closed up just 7 points and Sensex gained 40 points.

 

 
NIFTY VIEW FOR 19-05-2010

 

 

Nifty is in a trading range and waiting for further cues from global market. Below 200 DMA (4980) fresh weakness starts. Positional strength only above 5213 on closing basis. Please avoid positional buying for now and allow the market to stabilize. Nifty support levels for intraday are 5048- 5018- 4973- 4917 and Resistance levels are 5075-5107-5152.

 

 

 

 

BANKNIFTY FUTURE: - Intraday levels for today are support at 9500-9425-9347-9270 and resistance levels are 9580-9657-9735.

 

 
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

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

First Target achieved

10/5/2010

Jindal steel

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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