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

Sensex

Nifty
Open 17,476.85 5,254.25
High 17,725.04 5,320.35
Low 17,373.78 5,210.00
Today's Cls 17,700.90 5,312.50
Prev Cls 17,534.09 5,256.15
% Change 0.95% 1.07%
Index Performance
Index

Dow

Nasdaq
Open 10,135.72 2,183.92
High 10,135.72 2,185.30
Low 9,786.45 2,122.67
Today's Cls 9,870.30 2,135.18
Prev Cls 10,138.52 2,135.18
% Change 2.65% 0.00%
Market Indicators
Top Movers (Group A)
Company Price
(Rs)
%
chg

Gainers

IDFC 179.95 4.41
IDEA 59.75 4.28
BPCL 662.40 4.27
KOTAKBANK 771.55 3.70
ITC 305.60 3.12

Losers

BHARTIARTL 262.40 -1.28
GAIL 467.00 -1.26
WIPRO 385.00 -1.19
TCS 752.00 -0.24
TATAPOWER 1300.00 -0.23
 MARKET ROUND UP (From the Research Desk)

 

Today on 30th June our market closed in green. Nifty opened with a gap down on global cues and at the end it regained all the lost ground and closed in big positive. Nifty closed up 56 points and BSE Sensex gained 166 points. Advance-decline ratio was in favor of bulls. Nifty Future added more than 28 lakhs shares in open interest.

 

 

NIFTY VIEW FOR 01-07-2010

 

Above 5320 Nifty will enter into bullish zone and above 5340 Nifty will show further strength. Nifty support levels for intraday are 5283-5265-5246-5210 and Resistance levels are 5320-5340-5366-5375-5393.

 

 

 

BANKNIFTY FUTURE: - Intraday levels for today are support at 9443-9410-9376-9311 and resistance levels are 9510-9544-9576-9411.

 

 

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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