PARASRAM's daily newsletter MAY 20, 2010 Visit us at www.parasramindia.com
 
Index Performance
Index

Sensex

Nifty
Open 16,419.10 4924.30
High 16,617.80 4980.25
Low 16,419.10 4924.30
Today's Cls 16,519.68 4247.60
Prev Cls 16,408.49 4919.65
% Change 0.68% +0.57%
Index Performance
Index

Dow

Nasdaq
Open 10505.70 2298.37
High 10324.66 2307.78
Low 10522.52 2324.99
Today's Cls 10444.37 2270.62
Prev Cls 10510.95 2298.37
% Change -0.63% 0.00%
Market Indicators
Top Movers (Group A)
Company Price
(Rs)
%
chg

Gainers

ONGC 1117.00 8.96
BPCL 559.50 2.79
SBIN 2275.00 2.75
CIPLA 320.15 2.50
STER 625.85 2.37

Losers

JPASSOCIATE 116.25 -3.61
IDFC 153.70 -2.72
DLF 271.85 -2.63
HCLTECH 364.35 -2.02
UNITECH 70.40 -1.33
 MARKET ROUND UP (From the Research Desk)

 

Today on 20th May market closed in green with the help of few heavyweight stocks like ONGC, LICHSG, IOC, BPCL, SBI etc. Nifty closed up 28 points and BSE Sensex gained 111 points. But overall market depth remained negative.

 

 

NIFTY VIEW FOR 21-05-2010

 

 

 Nifty closed below 200 DMA once again. We maintain our position that no positional buying for now and allow the market to stabilize. Nifty support levels for intraday are 4924-4908-4896-4868 and Resistance levels are 4960-4980-5008.

 

 

 

BANKNIFTY FUTURE:-  Intraday levels for today are support at 9185-9111-9036-8961 and resistance levels are 9260-9335-9410.

 

 

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

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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