NIFTY 50 – STOCKS – Pivot Point (17-03-2011)

17-03-2011 Pivot Point (NIFTY-50) NSE
Symbol   LTP S3 S2 S1 Pivot Point R1 R2 R3
SIEMENS 871.45 849.07 859.62 865.53 870.17 876.08 880.72 891.27
PNB 1096.75 1057.38 1075.18 1085.97 1092.98 1103.77 1110.78 1128.58
ACC 1022.10 966.53 994.03 1008.07 1021.53 1035.57 1049.03 1076.53
MARUTI 1219.25 1191.15 1205.95 1212.60 1220.75 1227.40 1235.55 1250.35
HCLTECH 464.20 443.73 452.73 458.47 461.73 467.47 470.73 479.73
DRREDDY 1570.60 1501.20 1535.40 1553.00 1569.60 1587.20 1603.80 1638.00
BAJAJ-AUTO 1372.35 1333.10 1354.15 1363.25 1375.20 1384.30 1396.25 1417.30
GAIL 456.75 441.70 449.65 453.20 457.60 461.15 465.55 473.50
TATAPOWER 1226.85 1193.78 1210.88 1218.87 1227.98 1235.97 1245.08 1262.18
KOTAKBANK 423.80 405.93 413.93 418.87 421.93 426.87 429.93 437.93
HINDUNILVR 271.35 257.53 264.88 268.12 272.23 275.47 279.58 286.93
HDFCBANK 2183.75 2136.32 2162.72 2173.23 2189.12 2199.63 2215.52 2241.92
NTPC 177.55 170.37 173.72 175.63 177.07 178.98 180.42 183.77
CIPLA 296.00 281.95 290.10 293.05 298.25 301.20 306.40 314.55
RANBAXY 469.85 448.12 458.02 463.93 467.92 473.83 477.82 487.72
INFOSYSTCH 3030.90 2954.67 2996.07 3013.48 3037.47 3054.88 3078.87 3120.27
BHEL 1923.45 1878.77 1903.22 1913.33 1927.67 1937.78 1952.12 1976.57
BPCL 576.55 546.55 563.25 569.90 579.95 586.60 596.65 613.35
LT 1542.75 1489.72 1515.92 1529.33 1542.12 1555.53 1568.32 1594.52
AXISBANK 1318.60 1241.20 1276.20 1297.40 1311.20 1332.40 1346.20 1381.20
JINDALSTEL 664.65 646.80 656.65 660.65 666.50 670.50 676.35 686.20
SUNPHARMA 440.10 404.32 420.17 430.13 436.02 445.98 451.87 467.72
M&M 660.00 625.57 641.07 650.53 656.57 666.03 672.07 687.57
TCS 1114.85 1045.22 1077.52 1096.18 1109.82 1128.48 1142.12 1174.42
AMBUJACEM 130.00 115.73 122.13 126.07 128.53 132.47 134.93 141.33
SAIL 157.10 152.97 154.97 156.03 156.97 158.03 158.97 160.97
CAIRN 341.40 332.38 336.93 339.17 341.48 343.72 346.03 350.58
BHARTIARTL 320.45 304.77 312.02 316.23 319.27 323.48 326.52 333.77
HDFC 659.85 634.35 649.15 654.50 663.95 669.30 678.75 693.55
HEROHONDA 1516.40 1482.47 1499.47 1507.93 1516.47 1524.93 1533.47 1550.47
SBIN 2643.95 2461.57 2543.92 2593.93 2626.27 2676.28 2708.62 2790.97
TATAMOTORS 1166.50 1107.60 1135.10 1150.80 1162.60 1178.30 1190.10 1217.60
SESAGOA 263.40 257.47 260.57 261.98 263.67 265.08 266.77 269.87
RELINFRA 645.65 567.67 604.22 624.93 640.77 661.48 677.32 713.87
POWERGRID 98.60 96.53 97.53 98.07 98.53 99.07 99.53 100.53
WIPRO 445.40 429.83 437.53 441.47 445.23 449.17 452.93 460.63
RPOWER 125.20 118.38 121.73 123.47 125.08 126.82 128.43 131.78
RELIANCE 1047.10 1012.93 1029.83 1038.47 1046.73 1055.37 1063.63 1080.53
ICICIBANK 1027.45 957.32 989.22 1008.33 1021.12 1040.23 1053.02 1084.92
DLF 226.45 216.20 221.15 223.80 226.10 228.75 231.05 236.00
ONGC 271.80 260.43 266.73 269.27 273.03 275.57 279.33 285.63
ITC 171.20 168.00 169.70 170.45 171.40 172.15 173.10 174.80
STER 159.60 154.40 157.20 158.40 160.00 161.20 162.80 165.60
TATASTEEL 599.55 579.18 590.18 594.87 601.18 605.87 612.18 623.18
HINDALCO 203.15 195.22 199.72 201.43 204.22 205.93 208.72 213.22
RELCAPITAL 575.50 545.97 561.57 568.53 577.17 584.13 592.77 608.37
JPASSOCIAT 82.10 79.37 80.77 81.43 82.17 82.83 83.57 84.97
RCOM 103.00 96.57 99.87 101.43 103.17 104.73 106.47 109.77
SUZLON 46.25 43.70 45.15 45.70 46.60 47.15 48.05 49.50
IDFC 146.30 142.43 144.43 145.37 146.43 147.37 148.43 150.43

SENSEX 30 – STOCKS – Pivot Point (17-03-2011)

17-03-2011 Pivot Point (SENSEX-30) BSE
Symbol   LTP S3 S2 S1 Pivot Point R1 R2 R3
BAJAJAUT 1371.05 1341.03 1358.43 1365.27 1375.83 1382.67 1393.23 1410.63
TATAPOWER 1226.05 1198.53 1213.48 1219.77 1228.43 1234.72 1243.38 1258.33
HEROHONDA 1517.45 1476.82 1497.82 1507.63 1518.82 1528.63 1539.82 1560.82
MARUTI 1228.00 1196.43 1209.33 1216.47 1222.23 1229.37 1235.13 1248.03
WIPRO 445.40 431.77 438.47 441.93 445.17 448.63 451.87 458.57
BHEL 1926.90 1885.68 1908.23 1917.57 1930.78 1940.12 1953.33 1975.88
INFOSYS 3035.50 2964.50 3002.50 3019.00 3040.50 3057.00 3078.50 3116.50
JINDALSTEEL 664.10 647.18 656.63 660.37 666.08 669.82 675.53 684.98
HDFCBANK 2184.85 2133.03 2161.78 2173.32 2190.53 2202.07 2219.28 2248.03
HDFC 661.70 637.70 651.50 656.60 665.30 670.40 679.10 692.90
MNM 659.40 635.47 646.47 652.93 657.47 663.93 668.47 679.47
HUL 271.35 259.12 265.62 268.48 272.12 274.98 278.62 285.12
NTPC 177.05 171.27 174.12 175.58 176.97 178.43 179.82 182.67
CIPLA 296.05 281.82 290.02 293.03 298.22 301.23 306.42 314.62
TCS 1115.50 1043.92 1076.67 1096.08 1109.42 1128.83 1142.17 1174.92
BHARTIARTL 320.45 301.02 309.92 315.18 318.82 324.08 327.72 336.62
TATAMOTORS 1162.70 1114.77 1137.37 1150.03 1159.97 1172.63 1182.57 1205.17
ICICIBANK 1026.60 960.12 990.17 1008.38 1020.22 1038.43 1050.27 1080.32
LNT 1541.80 1492.27 1517.27 1529.53 1542.27 1554.53 1567.27 1592.27
SBI 2642.85 2468.28 2546.28 2594.57 2624.28 2672.57 2702.28 2780.28
ITC 171.20 167.73 169.53 170.37 171.33 172.17 173.13 174.93
ONGC 272.05 261.80 267.45 269.75 273.10 275.40 278.75 284.40
DLF 226.50 215.53 220.73 223.62 225.93 228.82 231.13 236.33
STERLITEIND 159.45 154.52 157.22 158.33 159.92 161.03 162.62 165.32
HINDALCO 203.10 195.15 199.70 201.40 204.25 205.95 208.80 213.35
RELINFRA 645.30 568.18 604.43 624.87 640.68 661.12 676.93 713.18
RIL 1044.60 1013.05 1029.40 1037.00 1045.75 1053.35 1062.10 1078.45
TATASTL 599.45 579.75 590.35 594.90 600.95 605.50 611.55 622.15
JAIPRA 82.05 79.70 80.95 81.50 82.20 82.75 83.45 84.70
RCOM 102.95 96.55 99.85 101.40 103.15 104.70 106.45 109.75

BSE – INDICES – Pivot Point (17-03-2011)

BSE 16-03-2011 17-03-2011
Open High Low Close RANGE S3 S2 S1 Pivot R1 R2 R3
Broad
SENSEX 18263.68 18444.47 18263.68 18358.69 180.79 17994.03 18174.82 18266.76 18355.61 18447.55 18447.55 18717.19
MIDCAP 6467.86 6573.18 6467.86 6556.45 105.32 6321.86 6427.18 6491.81 6532.50 6597.13 6597.13 6743.14
SMLCAP 7791.33 7926.43 7791.33 7889.62 135.10 7598.93 7734.03 7811.82 7869.13 7946.92 7946.92 8139.33
BSE-100 9487.89 9595.41 9487.89 9556.90 107.52 9331.69 9439.21 9498.06 9546.73 9605.58 9605.58 9761.77
BSE-200 2239.97 2266.26 2239.97 2257.69 26.29 2202.06 2228.35 2243.02 2254.64 2269.31 2269.31 2307.22
BSE-500 7005.98 7090.77 7005.98 7065.11 84.79 6884.37 6969.16 7017.14 7053.95 7101.93 7101.93 7223.53
Thematic
SHARIAH 50 1110.82 1120.42 1110.82 1116.21 9.60 1096.62 1106.22 1111.21 1115.82 1120.81 1120.81 1135.02
Investment Strategy
BSE IPO 1683.20 1713.28 1683.20 1703.84 30.08 1639.95 1670.03 1686.93 1700.11 1717.01 1717.01 1760.27
DOLLEX-30 3309.85 3354.28 3309.85 3340.16 44.43 3245.90 3290.33 3315.25 3334.76 3359.68 3359.68 3423.62
DOLLEX-100 2166.59 2198.79 2166.59 2190.93 32.20 2121.04 2153.24 2172.08 2185.44 2204.28 2204.28 2249.84
DOLLEX-200 823.20 835.77 823.20 832.98 12.57 805.51 818.08 825.53 830.65 838.10 838.10 855.79
Sectoral
REALTY 2062.27 2114.38 2062.27 2104.51 52.11 1989.50 2041.61 2073.06 2093.72 2125.17 2125.17 2197.94
BANKEX 12230.10 12479.42 12230.10 12438.34 249.32 11883.98 12133.30 12285.82 12382.62 12535.14 12535.14 12881.26
CD 5747.68 5902.91 5747.68 5857.11 155.23 5525.44 5680.67 5768.89 5835.90 5924.12 5924.12 6146.36
PSU 8481.13 8604.47 8481.13 8574.09 123.34 8306.55 8429.89 8501.99 8553.23 8625.33 8625.33 8799.91
HC 5785.14 5884.70 5785.14 5861.13 99.56 5644.54 5744.10 5802.61 5843.66 5902.17 5902.17 6042.78
AUTO 8700.74 8803.36 8700.74 8771.05 102.62 8553.14 8655.76 8713.41 8758.38 8816.03 8816.03 8963.62
POWER 2547.68 2579.57 2547.68 2567.42 31.89 2501.11 2533.00 2550.21 2564.89 2582.10 2582.10 2628.67
TECk 3579.50 3631.10 3579.50 3612.87 51.60 3504.62 3556.22 3584.55 3607.82 3636.15 3636.15 3711.02
IT 6129.11 6206.55 6129.11 6175.05 77.44 6015.36 6092.80 6133.92 6170.24 6211.36 6211.36 6325.12
CG 12446.82 12576.71 12446.82 12501.60 129.89 12248.60 12378.49 12440.04 12508.38 12569.93 12569.93 12768.16
METAL 15427.70 15604.71 15427.70 15475.54 177.01 15148.63 15325.64 15400.59 15502.65 15577.60 15577.60 15856.67
OIL&GAS 10038.64 10122.54 9989.45 10036.32 133.09 9783.26 9916.35 9976.33 10049.44 10109.42 10109.42 10315.62
FMCG 3465.58 3494.58 3460.26 3467.94 34.32 3405.62 3439.94 3453.94 3474.26 3488.26 3488.26 3542.90

TODAY’S NEWS HEADLINES (16-03-2011)

Date: 16 March 2011

Thought for the day

“To realize a dream, you must have a dream to realize.”

—Mark Victor Hansen

GENERAL

1)The Union Cabinet on Tuesday gave its nod for amending the Constitution to introduce a uniform goods and services tax regime across the country by unifying all Central and state levies.
TOI

ECONOMY

2)The fourth-quarter advance tax payments for the 2010-11 fiscal recorded the highest growth rate since the 2008 global economic downturn triggered by the collapse of Lehman Brothers. By evening of March 15, the last date for advance tax payments, the I-T department has collected more than two-third of the total advance tax payments for the fourth quarter.
ET

CORPORATE / INDUSTRY

3)Maruti Suzuki India Limited (MSIL) today rolled out its 10 millionth car from its facility in Gurgaon to become the first Indian automobile manufacturer to attain the milestone. With this, MSIL joins the ranks of global auto majors such as Toyota Motor Corporation, General Motors, Ford, Volkswagen, Renault and parent Suzuki Motor Corporation who have attained the feat.
BS

4)Siemens Healthcare Diagnostics on Tuesday said it has merged with Siemens (SL). “With effect from March 14 2011, company stands amalgamated with SL and the legal entity of the company stands dissolved without winding up.” Siemens Healthcare Diagnostics said in a filing to the BSE.
ET

MONEY & BANKING

5)Rupee slid for the third time in four days as Japan’s earthquake and nuclear accident prompted investors to favor the relative safety of the dollar over regional assets. The currency dropped 0.3% to 45.245 per dollar at close in Mumbai.
FE

6)Infrastructure Development Finance Company (IDFC) has extended the closing date of its long-term infrastructure bonds by five days to March 21.
BL

7)The government and the Reserve Bank of India(RBI) are set to allow financial conglomerates and large industrial houses to enter the banking industry. About half a dozen fresh banking licences are expected to be given at one go to ensure that new entrants have a level playing field, government sources said.
FE

INSURANCE

8)Life insurance policies as a means to save on tax, especially a favourite in the last quarter of the financial year, seem to be losing favour with the salaried class. And banks are ‘gaining’ vis-a-vis insurance companies in luring investors. BL

9)Insurance companies looking to list or offload stakes are likely to benefit from the Reliance Life deal. According to analysts, Monday’s Reliance Life-Nippon deal has raised the benchmark of valuation for insurers. ET

MARKETS

10)Shares slumped to a two-week intraday low on Tuesday, as news of Japan’s deepening nuclear crisis spurred selling across Asia and Europe, but gains in Reliance Industries helped the local market recover some losses. The Sensitive Index fell 271.84 points, or 1.5 per cent, to close at 18,167.64 after moving between 17,920.55 and 18,326.33. On the National Stock Exchange, the 50-stock S&P CNX Nifty fell 81.85 points, or 1.5 per cent, to end at 5,449.65.
BL

11)The market is betting high on cigarette companies after the finance minister proposed to leave the excise duty on tobacco unchanged, sparing the industry from a higher outgo. After the Budget, shares of industry leaders such as ITC, Godfrey Phillips and VST Industries have, in fact, outperformed the broader market, which has been on a roller coaster ride. ET

IPO / FPO

12)PTC India Financial Services’ initial public offering, which is to raise up to Rs 439 crore, will open on Wednesday. A fully-owned subsidiary of power trading firm PTC India, the company has fixed a price band of Rs 26-28 a share for the sale of 15.67 crore shares.
ET

13)Steel Authority of India on Tuesday said it will file the red herring prospectus in May for its forthcoming follow-on public offer, which is expected to hit the market in the first quarter of the next fiscal.
FE

14)Sistema Shyam TeleServices Ltd(SSTL), on Tuesday, said it will appoint investment bankers in the next few months for the company’s proposed initial public offering.
BL

15)Kerala-based Muthoot Finance plans to raise Rs 1,400 crore through an initial public offering. Depending on the market conditions the issue is expected to be launched by end of this month.
BL

COMMODITIES

16)Gold declined to the lowest level in more than three weeks in New York as some investors sold the metal to raise cash as other commodities and equities dropped. Silver, platinum and Palladium all slid. Gold futures for April delivery slipped as much as $44.20, or 3.1 per cent, to $1,380.70 an ounce, the lowest price since Feb.17, and were at $1,387.70 at 8:46 a.m. on the COMEX in New York.
BL

17)Oil prices dropped sharply today with Brent crude falling below $108 a barrel for the first time in nearly three weeks as a deepening nuclear crisis in Japan heightened risk aversion across financial markets.
BS

18)The recent increase in broker-level open interest (OI) limits by the regulator will help attract more actual users to commodity futures exchanges. Open interest, or outstanding buy or sell positions, has been increased from three times to five times the client limits in select farm and non-farm commodities.
ET

INFORMATION TECHNOLOGY

19)Four days into Japan’s biggest crisis since World War II, India’s top tech firms have started bringing back employees and moving work to their centres outside Japan. ET

20)Technology giant IBM said on Tuesday it has emerged as the top player in the Indian external disk storage systems for the year 2010. According to IT research firm IDC, IBM India has aintained its 2010 leadership with a 26.2% market share (in revenue terms) and an over four per cent point lead over its nearest competitor.
ET

21)The country’s largest software firm Tata Consultancy Services on Tuesday said it has bagged a multi-million dollar IT infrastructure deal from Dutch technical consultancy firm Royal Haskoning.
ET

22)IT firm Mahindra Satyam on Tuesday said it has bagged a multi-million dollar, multi-year contract from Aspire Zone, Qatar, one of the leading sports institutes in the world. FE

INTERNATIONAL

23)Japan faced a potential catastrophe on Tuesday after a quake crippled nuclear power plant exploded and sent low levels of radiation floating towards Tokyo, prompting some people to flee the capital and others to stock up on essential supplies.
ET

Today’s Levels (16-03-2011)

Today’s Levels
(Last Close : Sensex 18168 : Nifty Spot 5450)
Trade long if Sensex sustains above 18168 (Nifty 5450)
[Upside targets/resistances at 18285(5485)/18367(5505) or higher]
Trade short if Sensex fails to sustain above 18285 (Nifty 5485)
[Downside targets/supports at 18168(5450)/18121(5434) or lower]

FOR THE DAY (16-03-2011)

FOR THE DAY: The indices are expected to open on a flat note in response to the mixed global cues. Trade short if Nifty fails to cross 5500 with stop loss placed at 5520 targeting 5480-5450 levels. Alternatively, trade long in Nifty above 5520 levels with stop loss placed at 5500 targeting 5550-5580 levels.

Indices – NSE- Pivot Point (16-03-2011)

NSE 15-03-2011 16-03-2011
Symbol Open High Low LTP Range S3 S2 S1 Pivot R1 R2 R3
NIFTY 5420.00 5497.85 5373.65 5460.80 124.20 5195.70 5319.90 5390.35 5444.10 5514.55 5568.30 5692.50
JUNIOR 10609.45 10670.65 10516.90 10596.90 153.75 10287.32 10441.07 10518.98 10594.82 10672.73 10748.57 10902.32
CNXIT 6686.05 6738.50 6630.90 6689.05 107.60 6470.95 6578.55 6633.80 6686.15 6741.40 6793.75 6901.35
BANKNIFTY 10673.90 10784.20 10591.30 10725.80 192.90 10314.63 10507.53 10616.67 10700.43 10809.57 10893.33 11086.23
NFTYMCAP50 2356.40 2372.70 2332.10 2355.40 40.60 2272.20 2312.80 2334.10 2353.40 2374.70 2394.00 2434.60
CNXREALTY 281.05 281.05 271.70 273.10 9.35 256.58 265.93 269.52 275.28 278.87 284.63 293.98
CNXINFRA 2849.55 2854.25 2799.85 2825.05 54.40 2717.58 2771.98 2798.52 2826.38 2852.92 2880.78 2935.18