PARASRAM's daily newsletter MAY 26, 2010 Visit us at www.parasramindia.com
 
Index Performance
Index

Sensex

 Nifty
Open 16069.78 4807.30
High 16410.35 4925.45
Low 16069.78 4807.30
Today's Cls 16387.40 4917.40
Prev Cls 16022.48 4806.75
% Change +2.28% +2.30%
Index Performance
Index

Dow

 Nasdaq
Open 10061.43 2157.45
High 10061.66 2211.94
Low 9774.48 2140.53
Today's Cls 10043.75 2210.95
Prev Cls 10066.57 2210.95
% Change -0.23% 0.00%
Market Indicators
Top Movers (Group A)
Company Price
(Rs)		 %
chg

Gainers
HINDALCO 148.00 7.44
IDFC 152.20 6.73
JPASSOCIATE 122.80 5.63
TATAMOTORS 709.55 5.36
ICICIBANK 848.00 4.78

Losers

RCOM 134.90 -2.88
SUNPHARMA 1560.60 -1.69
IDEA 50.55 -1.65
ACC 828.00 -1.62
ONGC 1071.90 -0.78
 MARKET ROUND UP (From the Research Desk)

 

Today on 26th May our market opened gap up and closed in the green. Nifty closed up 111 points and BSE Sensex gained 365 points. Advance-decline ratio was in favor of bulls.

 

 
NIFTY VIEW FOR 27-05-2010

 

Today Nifty future had filled the gap 4911 which was left yesterday (25th May). Still market trend is negative.  Nifty major support exists at 4765 on closing basis. Some resistance exists near 4973. We maintain our position that no positional buying for now and allow the market to stabilize. Nifty support levels for intraday are 4879-4855-4807 and Resistance levels are 4925-4949-4973.

 

 

 

 

 

BANKNIFTY FUTURE: - Major support for bank nifty exists at 8780 (200 DMA) on closing basis. Intraday levels for today are support at 8998-8965-8906-8815 and resistance levels are 9090-9151-9182.

 

 
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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