PARASRAM's daily newsletter April 30, 2010 Visit us at www.parasramindia.com
 
Index Performance
Index

Sensex

Nifty
Open 17503.47
5254.20
High 17646.61 5294.80
Low 17503.47 5254.20
Today's Cls 17558.71 5278.00
Prev Cls 17503.47 5254.15
% Change +0.32% 0.45%
Index Performance
Index

Dow

Nasdaq
Open 11168.23 2509.99
High 11235.94 2514.37
Low 10984.35 2461.09
Today's Cls 11008.61 2461.19
Prev Cls 11167.32 2511.92
% Change -1.42% -2.02%
--Market Indicators
Top Movers (Group A)
Company Price
(Rs)
%
chg

Gainers

BPCL 520.00 5.84
HEROHONDA 1909.00 4.17
TATAMOTORS 873.95 3.73
UNITECH 85.35 3.02
NTPC 209.00 2.85

Losers

AMBUJACEM 120.10 -3.18
WIPRO 671.30 -2.69
TATASTEEL 619.00 -2.16
ABB 793.00 -1.25
SAIL 219.20 -1.08
 MARKET ROUND UP (From the Research Desk)

 

Today on 30th April Nifty closed 24 points up and Sensex gained around 55 points on the first day of new settlement. In NSE 796 stocks advanced in comparison to 545 declining stocks whereas in BSE 1291 stocks declined and 1703 gained. Nifty Future added 23 lakhs shares in open interest.

 

NIFTY VIEW FOR 03-05-2010

 

Nifty future although closed in green but was unable to fill the gap at 5298 which it has left on 28th April. 5298 will act as a strong resistance level and below 5252 and 5198 real weakness will start. Nifty support levels for intraday are 5254-5248-5214 and Resistance levels are 5294-5307-5334.

 

 

 

 

BANKNIFTY FUTURE:- Bank nifty to show weakness below 9804.  Intraday levels for today are support 9804-9759-9714 & resistance 9894-9939-9984.

 

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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