Support & Resistances for 09-06-2010

Support & Resistances for 09-06-2010
 
    SENSEX NIFTY FUTURE (June2010)
    BANKNIFTY NIFTY
06-06-2009 Open  16760.60 5036.70 9210.00 5030.10
High 16895.73 5071.35 9282.00 5054.50
Low 16560.64 4967.30 9031.50 4937.65
Close 16617.10 4987.10 9079.50 4960.70
LTP 16617.10 4987.10 9093.00 4965.15
Range 1138.43 346.10 890.00 361.70
07-07-2009 R3 16643.76 4951.93 8915.12 4976.03
R2 15505.33 4605.83 8025.12 4614.33
R1 14774.37 4385.77 7465.23 4384.17
PP 14366.90 4259.73 7135.12 4252.63
S1 13635.94 4039.67 6575.23 4022.47
S2 13228.47 3913.63 6245.12 3890.93
S3 12090.04 3567.53 5355.12 3529.23
 
R1/R2/R3: Resistance
PP: Pivot Point
S1/S2/S3: Supports

Pivot Point (09-06-2010)

Pivot Point Pragmatic Investments 09 June 2010
Symbol   LTP S3 S2 S1 Pivot Point R1 R2 R3
STER 609.25 561.50 588.45 598.85 615.40 625.80 642.35 669.30
HINDALCO 132.15 113.00 124.15 128.15 135.30 139.30 146.45 157.60
AXISBANK 1226.20 1171.33 1199.53 1212.87 1227.73 1241.07 1255.93 1284.13
HDFC 2702.20 2538.47 2622.87 2662.53 2707.27 2746.93 2791.67 2876.07
TATASTEEL 451.40 420.20 438.00 444.70 455.80 462.50 473.60 491.40
SAIL 189.10 172.00 181.30 185.20 190.60 194.50 199.90 209.20
HDFCBANK 1862.70 1782.90 1826.90 1844.80 1870.90 1888.80 1914.90 1958.90
JINDALSTEL 612.80 578.30 597.10 604.95 615.90 623.75 634.70 653.50
M&M 570.75 543.00 559.25 565.00 575.50 581.25 591.75 608.00
JPASSOCIAT 119.80 109.85 115.10 117.45 120.35 122.70 125.60 130.85
TATAMOTORS 735.80 690.10 715.60 725.70 741.10 751.20 766.60 792.10
WIPRO 642.35 610.28 628.78 635.57 647.28 654.07 665.78 684.28
AMBUJACEM 115.15 111.47 113.42 114.28 115.37 116.23 117.32 119.27
KOTAKBANK 739.90 692.58 719.33 729.62 746.08 756.37 772.83 799.58
BHEL 2276.70 2196.28 2239.53 2258.12 2282.78 2301.37 2326.03 2369.28
TATAPOWER 1243.45 1169.42 1205.22 1224.33 1241.02 1260.13 1276.82 1312.62
CAIRN 288.25 266.75 278.75 283.50 290.75 295.50 302.75 314.75
ACC 842.35 799.43 823.58 832.97 847.73 857.12 871.88 896.03
RCOM 167.65 146.87 159.02 163.33 171.17 175.48 183.32 195.47
TCS 750.20 723.07 738.07 744.13 753.07 759.13 768.07 783.07
LT 1627.40 1564.30 1598.80 1613.10 1633.30 1647.60 1667.80 1702.30
NTPC 200.15 194.23 197.18 198.67 200.13 201.62 203.08 206.03
BPCL 543.75 504.05 524.85 534.30 545.65 555.10 566.45 587.25
POWERGRID 103.05 98.87 101.22 102.13 103.57 104.48 105.92 108.27
CIPLA 324.05 311.35 317.75 320.90 324.15 327.30 330.55 336.95
INFOSYSTCH 2654.50 2581.48 2622.63 2638.57 2663.78 2679.72 2704.93 2746.08
HINDUNILVR 251.40 227.88 239.43 245.42 250.98 256.97 262.53 274.08
RELCAPITAL 657.45 594.05 629.35 643.40 664.65 678.70 699.95 735.25
IDEA 53.25 48.92 51.42 52.33 53.92 54.83 56.42 58.92
PNB 1004.20 976.57 991.47 997.83 1006.37 1012.73 1021.27 1036.17
SIEMENS 693.60 643.10 668.00 680.80 692.90 705.70 717.80 742.70
ITC 289.70 277.52 283.57 286.63 289.62 292.68 295.67 301.72
BHARTIARTL 258.35 234.45 248.35 253.35 262.25 267.25 276.15 290.05
IDFC 161.95 151.00 156.85 159.40 162.70 165.25 168.55 174.40
RELINFRA 1057.75 965.75 1016.65 1037.20 1067.55 1088.10 1118.45 1169.35
ONGC 1164.30 1127.43 1146.23 1155.27 1165.03 1174.07 1183.83 1202.63
GAIL 449.95 425.88 439.28 444.62 452.68 458.02 466.08 479.48
HEROHONDA 1930.65 1791.73 1872.48 1901.57 1953.23 1982.32 2033.98 2114.73
HCLTECH 365.05 342.52 355.82 360.43 369.12 373.73 382.42 395.72
SUZLON 53.60 50.70 52.40 53.00 54.10 54.70 55.80 57.50
UNITECH 67.45 62.55 65.35 66.40 68.15 69.20 70.95 73.75
SBIN 2283.80 2168.92 2231.77 2257.78 2294.62 2320.63 2357.47 2420.32
RPOWER 151.85 138.45 145.95 148.90 153.45 156.40 160.95 168.45
ICICIBANK 817.50 761.90 793.50 805.50 825.10 837.10 856.70 888.30
RANBAXY 414.70 390.73 404.63 409.67 418.53 423.57 432.43 446.33
ABB 852.90 828.27 841.97 847.43 855.67 861.13 869.37 883.07
RELIANCE 996.40 966.20 983.80 990.10 1001.40 1007.70 1019.00 1036.60
MARUTI 1294.35 1204.12 1255.12 1274.73 1306.12 1325.73 1357.12 1408.12
DLF 257.30 234.10 247.10 252.20 260.10 265.20 273.10 286.10
SUNPHARMA 1687.20 1627.65 1658.50 1672.85 1689.35 1703.70 1720.20 1751.05

IPO of FATPIPE NETWORKS INDIA LTD

The IPO of FATPIPE NETWORKS INDIA LTD., is open for subscription.

The issue period is June 07, 2010 to June 09, 2010. Price Range: Rs 82 to Rs 85 # Market Lot: 70 Equity Shares.

Details of issue:

Fatpipe Networks India Limited
Symbol – Series FNIL EQ
Issue Period June 07, 2010 to June 09, 2010
Post issue Modification Period 10-Jun-10
Issue Size Public Issue of [.] Equity Shares of Rs. 10/- each for cash aggregating to Rs. 4900 lacs
Issue Type 100% Book Building
Price Range Rs 82 to Rs 85
Tick Size Re. 1/-
Market Lot 70 Equity Shares
Minimum Order Quantity 70 Equity Shares
Maximum Subscription Amount for Retail Investor Rs.100000
IPO Market Timings 10.00 a.m. to 5.00 p.m.
IPO Grading BWR IPO Grade 2
Rating Agency Brickwork Ratings India Pvt. Ltd.
Book Running Lead Manager Keynote Corporate Services Limited
Syndicate Member Keynote Capitals Limited
Categories FI ,IC ,MF ,FII ,OTH ,CO ,IND ,NOH
No. of Cities with Bidding Centers 47
Name of the registrar KARVY COMPUTERSHARE PRIVATE LIMITED
Address of the registrar 17 to 24, Vithalrao Nagar, Madhapur, Hyderabad 500 081
Contact person name number and Email id Krishna M Murali , Tel No.: +91 40 2343 1553; Fax No.: +91 40 2343 1551 Email: murali@karvy.com

Good Morning (08-06-2010)

Asian stocks rose after comments from Ben S. Bernanke, the chairman of the U.S. Federal Reserve, eased investor concerns over the strength of the global economy.

Indian market will open in flat note.

NIFTY range for the day would be 4930-4980-5055-5110-5165

SGX is trading at +1.5 (5030) @ 8:22 IST

Gold is trading at $ 1240 (Rs 18972). Crude is trading at $ 71.6. Rs vs $ is at 47.17.

Calls :

DCB
EKC
LITL
IFB
WHIRLPOOL
BANCOINDIA
CROMPGREAV
SHOPERSTOP
KALECONSUL
SHASUNCHEM
TUBEINVEST
KOPRAN
Have A Nice Trading Day.

FOR THE DAY (08-06-2010)

FOR THE DAY: The indices are expected to open on a flat note in response to the mixed global indices. Trade long if
Nifty holds 5000 levels, with stop loss at 4980 targeting 5050 and 5080 levels. Alternatively, trade short if Nifty fails to breach 5080 levels, with stop loss placed at 5110 targeting lower supports.