PARASRAM's daily newsletter April 29, 2010 Visit us at www.parasramindia.com
 
Index Performance
Index

Sensex

Nifty
Open 17382.09 5215.25
High 17532.86 5264.75
Low 17382.09 5214.80
Today's Cls 17503.47 5254.15
Prev Cls 17380.08 5215.45
% Change +0.71% +0.74%
Index Performance
Index

Dow

Nasdaq
Open 10988.87 2483.03
High 11115.63 2484.15
Low 10938.48 2456.63
Today's Cls 11045.27 2471.73
Prev Cls 10991.99 2471.73
% Change +0.48% 0.00%
--Market Indicators
Top Movers (Group A)
Company Price
(Rs)
%
chg

Gainers

UNITECH 82.95 4.34
RPOWER 164.40 4.12
ICICIBANK 948.00 3.11
TATAMOTORS 843.90 2.72
SBIN 2285.00 2.37

Losers

POWERGRID 109.85 -4.40
BPCL 490.65 -2.86
IDEA 61.40 -2.77
SUNPHARMA 1583.60 -2.43
ABB 801.00 -1.72
 MARKET ROUND UP (From the Research Desk)

 

Today on 29th April Nifty closed 39 points up and Sensex gained around 124 points on a settlement day with the help of heavy weight stocks like RIL, JSW STEEL, TATASTEEL, and SBI. Advance/Decline ratio was very much in favor of bulls. In NSE 919 stocks advanced in comparison to 415 declining stocks.

 

 

NIFTY VIEW FOR 30-04-2010

 

 Nifty future although closed in green but was unable to fill the gap at 5298 which it has left yesterday. 5298 will act as a strong resistance level and below 5198 real weakness will start. Nifty support levels for intraday are 5214-5198-5158-5149 and Resistance levels are 5265-5273-5295.

 

 

 

BANKNIFTY FUTURE:-  Bank nifty has resumed its upward journey keep buy on dip strategy till 9671 is not broken. Intraday levels for today are support are 9740-9671-9610 & resistance are 9809-9878-9947.

 

 

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

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

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

 

 

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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