pre market report 20th oct 2010_yourstocksolutions

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 DAILY NEWS LETTER DATE: Wednesday, October 20, 2010  Market Outlook Morning News Review Global Indices Index LTP Change % Change DJIA 10979 -165 -1.48 Nasdaq 2437 -44 -1.76 S&P 500 1166 -19 -1.59 Bovespa 69864 -1872 -2.61 FTSE 100 5704 -39 -0.67 CAC 40 3807 -27 -0.71 DAX 6491 -26 -0.4 Madrid General 1123 1 0.08 Nikkei 225 9332 -208 -2.18 Hang Seng 23326 -437 -1.84 All Ordinaries 4672 -56 -1.17 Straits Times 3159 -33 -1.03  Key Index Indicators NIFTY 8-Day EMA 6093 21-Day EMA 6042 50-Day EMA 5847 200-Day EMA 5362 13-Week EMA 5779 . Iron ore exporter Sesa Goa, part of Vedanta Resources, is talking to the Orissa-based Ahluwalia family to renew a mining agreement that will enable Sesa to expand its capacity to five million tonne (mt). The expansion is part of Sesa Goa’s Rs 2,500-crore plan to raise its total mining capacity to 50 mt from all its operations in Goa, Karnataka and Orissa, managing director PK Mukherjee told ET on Tuesday. “The mines at Orissa are not owned by us...we are only operators. So we want to renew the agreement that expired last year to expand capacity,” Mr Mukherjee said over the phone from Goa. Even as a government panel on environment remains divided on Posco’s steel project in Orissa, the state government has thrown its weight behind the South Korean steelmaker to complete the over five-year project. Foreign oil majors, such as Shell, will not put off bidding for oil and gas exploration blocks auctioned by India despite concerns over the government’s handling of the Cairn-Vedanta deal, the head of the company’s Indian arm said.  Fidelity Growth Partners , the private equity arm of financial services major Fidelity, has invested about $20 million (about Rs 90 crore) in Shreem Capacitors Market is expected to open on negative note. today’s trading session, if nifty trades below then it 5984 then it may test 5960-5955 levels.6060 is the resistance area. www.yourstocksolutions.com Wednesday, October 20, 2010

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DAILY NEWS LETTER DATE: Wednesday, October 20, 2010

  Market Outlook Morning News Review Global Indices

Index LTP Change % Change

DJIA 10979 -165 -1.48

Nasdaq 2437 -44 -1.76

S&P 500 1166 -19 -1.59

Bovespa 69864 -1872 -2.61

FTSE 100 5704 -39 -0.67

CAC 40 3807 -27 -0.71

DAX 6491 -26 -0.4

Madrid

General 1123 1 0.08

Nikkei 225 9332 -208 -2.18

Hang Seng 23326 -437 -1.84

All Ordinaries 4672 -56 -1.17

Straits Times 3159 -33 -1.03

 Key Index Indicators

NIFTY

8-Day EMA 6093

21-Day EMA6042

50-Day EMA5847

200-Day EMA5362

13-Week EMA5779

.

Iron ore exporter Sesa Goa, part of Vedanta

Resources, is talking to the Orissa-based Ahluwalia

family to renew a mining agreement that will

enable Sesa to expand its capacity to five million

tonne (mt). The expansion is part of Sesa Goa’s Rs

2,500-crore plan to raise its total mining capacity

to 50 mt from all its operations in Goa, Karnataka

and Orissa, managing director PK Mukherjee told

ET on Tuesday. “The mines at Orissa are not

owned by us...we are only operators. So we want

to renew the agreement that expired last year to

expand capacity,” Mr Mukherjee said over the

phone from Goa.

Even as a government panel on environment

remains divided on Posco’s steel project in Orissa,

the state government has thrown its weight

behind the South Korean steelmaker to complete

the over five-year project.

Foreign oil majors, such as Shell, will not put off 

bidding for oil and gas exploration blocks

auctioned by India despite concerns over the

government’s handling of the Cairn-Vedanta deal,

the head of the company’s Indian arm said. 

Fidelity Growth Partners , the private equity arm

of financial services major Fidelity, has invested

about $20 million (about Rs 90 crore) in ShreemCapacitors

Market is expected to open on negative note. today’s

trading session, if nifty trades below then it 5984 then

it may test 5960-5955 levels.6060 is the resistance

area.

www.yourstocksolutions.com

Wednesday, October 20, 2010

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Scrip R1 R2 R3 S1 S2 S3

NIFTY 6100 6173 6219 5981 5935 5862

CNX100 6069 6137 6180 5958 5915 5847

S&PCNX500 5028 5081 5113 4943 4910 4857

BANKNIFTY 12450 12655 12774 12127 12008 11803

CNXIT 6764 6865 6922 6606 6549 6448

CNXINFRA 3686 3730 3761 3612 3581 3537

JUNIOR 13052 13162 13232 12872 12802 12692

NSE MIDCAP 9398 9483 9533 9264 9213 9129

NFTYMCAP50 3113 3144 3163 3063 3044 3013

CNXREALTY 519 529 536 502 495 485

10:M A M J J A S O

Log IRIS

Source : www.SpiderSoftwareIndia.Com 4800

5000

5200

5400

5600

5800

6000

6200

Cr

25.00

50.00

75.00

100

40.00

60.00

80.00

0.00

100

200

Price Boll(S,20,2.00)

 Vol

RSI(14,E,9)

Macd(S,9,S,24,E,9)

NSE Nifty [N59901] 6112.75, 6115.10, 5985.10, 6075.95, 760835840 0.22%

Dly 

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Scrip R1 R2 R3 S1 S2 S3

ACC 988 999 1007 968 959 948

AMBUJACEM 142 145 148 136 133 130

AXISBANK 1490 1511 1525 1455 1441 1419

BAJAJ-AUTO 1546 1578 1601 1491 1468 1436

BHARTIARTL 334 341 347 322 316 309

BHEL 2539 2575 2602 2477 2450 2414

BPCL 718 729 740 696 685 674

CAIRN 342 347 350 334 330 326

CIPLA 337 343 348 327 321 316

DLF 378 387 393 364 358 349

DRREDDY 1642 1656 1667 1617 1606 1592

GAIL 520 531 543 498 487 476

HCLTECH 447 454 461 433 427 419

HDFC 730 740 748 713 706 696

HDFCBANK 2408 2448 2473 2344 2319 2279

HEROHONDA 1861 1885 1916 1806 1776 1752

HINDALCO 211 216 219 204 201 196

HINDUNILVR 302 306 311 293 288 284

ICICIBANK 1145 1170 1186 1104 1088 1063

IDFC 207 212 215 199 196 191

INFOSYSTCH 3077 3143 3181 2972 2935 2868

ITC 173 175 177 169 167 165

JINDALSTEL 717 726 733 700 693 684

JPASSOCIAT 130 132 134 126 124 121

KOTAKBANK 514 523 529 499 493 484

 NIFTY Fifty Technical Analysis

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 Scrip R1 R2 R3 S1 S2 S3

LT 2027 2058 2079 1975 1955 1924

M&M 710 719 726 694 687 679

MARUTI 1513 1531 1547 1479 1463 1445

NTPC 207 210 212 203 201 198

ONGC 1370 1390 1406 1335 1319 1300

PNB 1318 1336 1347 1289 1277 1259

POWERGRID 107 109 110 104 103 102

RANBAXY 587 596 603 570 563 553

RCOM 178 181 183 173 171 168

RELCAPITAL 843 858 868 818 807 792

RELIANCE 1062 1080 1092 1033 1021 1003

RELINFRA 1087 1109 1123 1051 1037 1015

RPOWER 162 164 166 157 155 152

SAIL 224 228 230 218 215 212

SBIN 3179 3240 3277 3080 3044 2982

SESAGOA 374 390 398 351 342 327

SIEMENS 816 829 839 793 783 770

STER 179 182 184 174 172 169

SUNPHARMA 2070 2091 2115 2024 1999 1978

SUZLON 60 62 63 58 57 55

TATAMOTORS 1185 1195 1203 1167 1159 1149

TATAPOWER 1396 1417 1429 1363 1351 1330

TATASTEEL 647 661 669 625 617 603

TCS 982 996 1005 959 950 935

WIPRO 474 483 490 458 452 442

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