PARASRAM's daily newsletter JUNE 21, 2010 Visit us at www.parasramindia.com
 
Index Performance
Index

Sensex

 Nifty
Open 17,654.81 5,266.50
High 17,919.62 5,366.75
Low 17,654.81 5,266.50
Today's Cls 17,876.55 5,353.30
Prev Cls 17,570.82 5,262.60
% Change 1.74% 1.72%
Index Performance
Index

Dow

 Nasdaq
Open 10,435.00 2,308.94
High 10,513.75 2,321.99
Low 10,379.60 2,301.48
Today's Cls 10,450.64 2,309.80
Prev Cls 10,434.17 2,309.80
% Change 0.16% 0.00%
Market Indicators
Top Movers (Group A)
Company Price
(Rs)		 %
chg

Gainers
TATASTEEL 503.65 6.31
HINDALCO 153.20 5.40
RELCAPITAL 766.50 4.34
UNITECH 73.35 3.90
TATAPOWER 1317.00 3.70

Losers

HCLTECH 388.00 -0.32
BHARTIARTL 264.35 -0.11
HDFCBANK 1990.10 -0.08
GAIL 472.45

-0.06
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 MARKET ROUND UP (From the Research Desk)

 

Today on 21st June market closed in positive. Nifty closed up 84 points and BSE Sensex gained 292 points. Advance/decline ratio was in favor of bulls. Nifty future went into 8 points premium.

 

 
NIFTY VIEW FOR 22-06-2010

 

Nifty future has left a gap today at 5297. Even if rally continues it will come to fill this gap. Nifty levels for intraday are 5316-5266-5216 and Resistance levels are 5366-5400-5416-5466.

 

 

 

 

BANKNIFTY FUTURE: - Major resistance for bank nifty near 9839 and 9894. Intraday levels for today are support at 9692-9605-9518 and resistance levels are 9779-9834-9866-9894.

 

 
TECHNICAL VIEW ON STOCKS

 

BIOCON: - It has taken good support around 308 level and the outlook is bullish till it hold this level. Buy call was given today on 21st June with Target of 324-330.

 

 

 

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
21/6/2010 Biocon 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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