PARASRAM's daily newsletter April 19, 2010 Visit us at www.parasramindia.com
 
Index Performance
Index

Sensex

Nifty
Open 17584.86 5279.05
High 17584.86 5279.05
Low 17276.8 5160.90
Today's Cls 17400.68 5203.65
Prev Cls 17591.9 5262.60
% Change -1.08% -1.12%
Index Performance
Index

Dow

Nasdaq
Open 11143.66 2505.38
High 11186.62 2510.06
Low 10947.55 2467.68
Today's Cls 11018.66 2481.26
Prev Cls 11144.57 2515.69
% Change -1.13% -1.37%
Market Indicators
Top Movers (Group A)
Company Price
(Rs)
%
chg

Gainers

HINDALCO 178.20 2.12
AXISBANK 116.80 1.17
IDFC 162.60 0.99
ABB 852.00 0.76
CIPLA 332.25 0.56

Losers

DLF 315.00 -4.62
SIEMENS 709.00 3.88
TATA STEEL 669.35 3.79
CAIRN 299.00 3.06
STER 812.00 3.06
 MARKET ROUND UP (From the Research Desk)

 

Today on 19th April Market closed in red. Nifty was down 61 points and Sensex lost more than 192 points.  Nifty opened with a gap down on global cues and till the end nifty was unable to fill the gap. Advance/decline ratio was very much in favor of bears at both NSE and BSE. Nifty Future added more than 24 lakhs shares in open interest.

 

NIFTY VIEW FOR 20-04-2010

Credit policy on 20th April so market will remain volatile. “Trade carefully”. Using support and resistance levels. Technically nifty will remain weak till it is able to close above 5295. Nifty support levels for intraday are 5180- 5158- 5102 and Resistance levels are 5217- 5279- 5296

 

 

BANKNIFTY FUTURE:-Avoid long position in Bank Nifty. Intraday support exists at 9283- 9212- 9140 and resistance at 9355- 9394- 9427

 

 

TECHNICAL VIEW ON STOCKS
 

 

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

15/4/2010

Triveni

Sl Triggered

16/4/2010

Godrej Ind

First Target achieved

19/4/2010

L&T

First 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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