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

Sensex

 Nifty
Open 17772.95 5,333.55
High 17777.95 5,334.15
Low 17465.53 5,235.80
Today's Cls 17534.09 5,256.15
Prev Cls 17774.26 5,333.50
% Change -1.35% 1.45%
Index Performance
Index

Dow

 Nasdaq
Open 10,143.05 2,227.43
High 10,246.82 2,241.64
Low 10,070.12 2,208.37
Today's Cls 10,138.52 2,220.65
Prev Cls 10,143.81 2,220.65
% Change 0.05% 0.00%
Market Indicators
Top Movers (Group A)
Company Price
(Rs)		 %
chg

Gainers
IDFC 172.40 1.26
ONGC 1309.75 0.38
BHARTIARTL 265.80 0.15
LT 1795.50 0.15
- - -

Losers

HINDALCO 143.85 -4.51
RCOM 193.25 -4.17
TATASTEEL 481.25 -3.77
RELCAPITAL 756.25 -3.57
AMBUJACEM 114.60 -3.25
 MARKET ROUND UP (From the Research Desk)

 

Today on 29th June our market closed in deep red. Nifty closed down 78 points and BSE Sensex lost 241 points. Advance-decline ratio was in favor of bears. Nifty Future added more than 37 lakhs shares in open interest.

 

 
NIFTY VIEW FOR 30-06-2010

 

Yesterday it was clearly stated in newsletter that Nifty will show weakness below 5259. On 29th June Nifty broke 5259 level. Major support levels for nifty are 5233 & 5206. Nifty support levels for intraday are 5233-5206-5173-5136 and Resistance levels are 5280-5301-5335-5386.

 

 

 

BANKNIFTY FUTURE: - Intraday levels for today are support at 9355-9273-9191 and resistance levels are 9437-9519-9601.

 

 
TECHNICAL VIEW ON STOCKS

 

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

Target achieved

22/6/2010

IVRCL Infra

Sl Triggered

23/6/2010

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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