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Research Details:-
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Market Strategy for 15-10-2008
Short term Investors keep booking profit on every raise. Long term Investors keep buying on all dips, buy part by part and hold for a year. This Volatality will continue for sometime. T. R. ARULRAJHAN, Vice President
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INVESTMENT LT :
DATE - SCRIPS - ENTRY
15.09.2008 - RELIANCE - 1875
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INVESTMENT :
LONG TERM buy and hold -- Bombay dyeing, DLF, RNRL, RPOWER, Reliance Industries, IFCI, IDBI, & NTPC. LT & BHEL Buy on all dips hold for 2 years.
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| Scrip | Support2 | Support1 | Pivot | Resistance1 | Resistance2 |
| | | | | | |
| S&PCNXNIFT | 3,396.05 | 3,457.35 | 3,552.80 | 3,614.10 | 3,709.55 |
| | | | | | |
| NIFTY OCT | 3,369.67 | 3,448.73 | 3,589.07 | 3,668.13 | 3,808.47 |
| | | | | | |
| ABB | 676.42 | 691.83 | 716.42 | 731.83 | 756.42 |
| ACC | 525.17 | 539.53 | 560.57 | 574.93 | 595.97 |
| AMBUJACEM | 62.58 | 63.77 | 65.38 | 66.57 | 68.18 |
| BHARTIARTL | 734.97 | 750.78 | 767.82 | 783.63 | 800.67 |
| BHEL | 1,420.35 | 1,458.00 | 1,513.00 | 1,550.65 | 1,605.65 |
| BPCL | 335.02 | 341.73 | 351.87 | 358.58 | 368.72 |
| CAIRN | 169.43 | 175.97 | 182.93 | 189.47 | 196.43 |
| CIPLA | 189.25 | 193.70 | 198.85 | 203.30 | 208.45 |
| DLF | 288.12 | 299.63 | 314.77 | 326.28 | 341.42 |
| GAIL | 235.30 | 245.40 | 258.65 | 268.75 | 282.00 |
| GRASIM | 1,427.50 | 1,465.00 | 1,512.50 | 1,550.00 | 1,597.50 |
| HCLTECH | 145.40 | 154.70 | 169.30 | 178.60 | 193.20 |
| HDFC | 1,712.67 | 1,773.03 | 1,860.37 | 1,920.73 | 2,008.07 |
| HDFCBANK | 1,049.67 | 1,095.33 | 1,171.67 | 1,217.33 | 1,293.67 |
| HEROHONDA | 778.93 | 802.17 | 828.48 | 851.72 | 878.03 |
| HINDALCO | 77.25 | 81.20 | 88.05 | 92.00 | 98.85 |
| HINDUNILVR | 228.30 | 233.55 | 238.60 | 243.85 | 248.90 |
| ICICIBANK | 400.65 | 425.10 | 462.45 | 486.90 | 524.25 |
| IDEA | 70.65 | 73.50 | 75.95 | 78.80 | 81.25 |
| INFOSYSTCH | 1,324.98 | 1,361.47 | 1,386.48 | 1,422.97 | 1,447.98 |
| ITC | 162.52 | 165.73 | 169.82 | 173.03 | 177.12 |
| LT | 942.77 | 973.93 | 1,025.97 | 1,057.13 | 1,109.17 |
| M&M | 479.77 | 493.73 | 516.37 | 530.33 | 552.97 |
| MARUTI | 688.58 | 704.17 | 726.58 | 742.17 | 764.58 |
| NATIONALUM | 308.33 | 326.67 | 353.33 | 371.67 | 398.33 |
| NTPC | 165.77 | 170.23 | 177.07 | 181.53 | 188.37 |
| ONGC | 828.65 | 855.10 | 901.55 | 928.00 | 974.45 |
| PNB | 464.67 | 478.13 | 499.07 | 512.53 | 533.47 |
| POWERGRID | 84.63 | 86.97 | 90.93 | 93.27 | 97.23 |
| RANBAXY | 268.12 | 274.43 | 284.42 | 290.73 | 300.72 |
| RCOM | 238.57 | 253.33 | 278.37 | 293.13 | 318.17 |
| RELIANCE | 1,575.02 | 1,598.03 | 1,633.02 | 1,656.03 | 1,691.02 |
| RELINFRA | 604.33 | 618.67 | 639.33 | 653.67 | 674.33 |
| RPL | 115.50 | 118.40 | 123.20 | 126.10 | 130.90 |
| RPOWER | 116.00 | 120.80 | 128.80 | 133.60 | 141.60 |
| SAIL | 97.82 | 102.63 | 111.12 | 115.93 | 124.42 |
| SATYAMCOMP | 262.13 | 276.67 | 290.88 | 305.42 | 319.63 |
| SBIN | 1,453.58 | 1,490.97 | 1,540.38 | 1,577.77 | 1,627.18 |
| SIEMENS | 266.63 | 290.97 | 319.33 | 343.67 | 372.03 |
| STER | 305.08 | 315.17 | 330.08 | 340.17 | 355.08 |
| SUNPHARMA | 1,222.70 | 1,303.35 | 1,351.65 | 1,432.30 | 1,480.60 |
| SUZLON | 104.18 | 107.82 | 113.28 | 116.92 | 122.38 |
| TATACOMM | 450.63 | 473.17 | 486.53 | 509.07 | 522.43 |
| TATAMOTORS | 283.28 | 291.37 | 303.18 | 311.27 | 323.08 |
| TATAPOWER | 775.48 | 803.32 | 833.83 | 861.67 | 892.18 |
| TATASTEEL | 284.98 | 294.97 | 311.73 | 321.72 | 338.48 |
| TCS | 559.77 | 576.23 | 597.82 | 614.28 | 635.87 |
| UNITECH | 77.30 | 83.00 | 91.95 | 97.65 | 106.60 |
| WIPRO | 267.57 | 279.63 | 300.17 | 312.23 | 332.77 |
| ZEEL | 152.38 | 156.72 | 161.58 | 165.92 | 170.78 |
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