EYE on F&O Performance in AUGUST 2010.
 

 2nd August 2010

  SCRIP

S2

S1

LTP

R1

R2

Bias

Recommendation

ABB 782.00 798.00 811.45 828.00 859.00 Negative SELL at CMP for below  798. Target achieved.
HDFC BANK 2055.00 2096.00 2126.90 2160.00 2195.00 Positive RSI, Stochastic & MACD indicating uptrend. Made a high of 2144.90.
IDEA 65.80 67.50 70.60 71.80 73.90 Positive Volumes build up in positive trend. Made a high of 72 & closed at 71.75.

3rd August 2010
BHARTIARTL 308.00 312.00 318.05 324.00 336.00 Positive Buy above 320 for 336. Made a high of 329.80 & closed at 328.45
INDIA CEM 98.40 101.50 105.05 107.50 109.80 Negative Selling pressure on scrip.  Made a low of 102.10 & closed at 102.55.

4th August 2010
BHEL 2420.00 2441.00 2467.65 2489.00 2520.00 Positive Volume build up in positive trend.  Closed at 2518.
HERO HONDA 1810.00 1830.00 1860.40 1881.00 1905.00 Positive RSI & Stochastic are indicating uptrend.  Made a high of 1889.95.
SINTEX 352.00 359.00 364.40 370.00 378.00 Negative Break down in daily. RSI, Stochastic & MACD indicating negative trend.  Made alow of 357.35

5th August 2010
ABB 757.00 771.00 788.10 811.00 830.00 Negative SELLING pressure on scrip.  Made a low of 780.10
ACC 797.00 812.00 820.55 832.00 846.00 Negative SELL below 812 for 797.  Days low was 812
GAIL 420.00 433.00 441.00 452.00 461.00 Negative Sell at CMP for 433.  Target achieved.
MPHASIS 588.00 600.00 608.80 620.00 632.00 Positive Volume build up in positive trend.  Made a high of 626.60

6th August 2010
IDFC 174.00 179.40 183.50 185.60 187.40 Negative RSI, Stochastic & MACD are trending downward.  Made a low of 180.50 & closed at 181.15
TATA MOTOR 829.00 843.00 861.00 876.00 892.00 Positive BREAK OUT in daily. Made a high of 891. For next four days the scrip was in total uptrend making high of  1033.20
UNITECH 81.40 83.10 84.50 86.05 87.90 Positive Stochastic has moved up from oversold region.  Made a high of 86.90 & closed at 85. Next day the scrip has zoomed to the level of 90.90.

9th August 2010
IOB 117.10 121.50 125.70 130.40 134.30 Positive BREAK OUT in daily.  Made a high of 130.70 & closed at 130
IFCI 56.70 57.30 58.50 61.40 63.00 Negative SELL only below 61.40.  Made a high of 60.30 & closed 59.75. Nest days closed at 57.85
PFC 311.00 316.00 320.25 325.90 329.00 Positive BUY at CMP for 329. Made a high of 326.80
UNITECH 81.40 83.10 85.00 86.55 87.80 Positive BUY above 86.55 for 87.80. Target achieved. The scrip has zoomed to the level of 90.90.

10th August 2010
CIPLA 312.00 316.00 319.90 322.05 325.40 Negative SELLING pressure on SCRIP. Made a low of 317.
RELCAP 738.00 756.00 769.95 780.55 793.00 Negative SELL only below 780.55. Made a low of 753 & closed at 758.25.
RUCHI SOYA 105.70 107.20 109.05 111.50 113.60 Negative SELL at CMP for 105.70.
SIEMENS 677.00 689.30 700.80 712.90 721.50 Negative SELLING pressure on the scrip.  Made a low of 693.10 & closed at 697.75

11th August 2010
BAJAJ AUTO 2570.00 2620.00 2650.50 2680 2730 Negative SELLING pressure. RSI, Stochastic & MACD are indicating negative trend.  Made a low of 2550 & closed at 2557.65
GAIL 436.00 439.00 443.10 448.00 453.00 Positive BREAK OUT in daily.  High of 452.50
HIND PETRO 440.00 444.80 451.85 456.30 462.00 Positive RSI, Stochastic & MACD are indicating uptrend.  Made a high of 470.80, nest day it went up to 494.40

12th August 2010
GAIL 436.00 441.80 448.35 452.80 456.90 Positive BUY above 452.80 for 456.90  Scrip made a high of 452, so the scrip did not get executed.
IDEA 69.80 70.60 71.20 72.60 73.30 Positive BUY at CMP for 73.30.  High of 72.30 & closed at 72.45
JINDAL STEEL 627.00 635.00 654.25 668.00 680.00 Positive Volume build up in positive trend.  Made a high of 664, for next two days the scrip was in total uptrend.
STER 162.00 166.80 172.25 174.45 177.00 Negative SELL at CMP for 166.80.  Open gap down & target achieved.

16th August 2010
DR REDDY 1300.00 1319.00 1339.45 1362.00 1380.00 Negative SELL at CMP for 1300.  Scrip closed flat on the same day, next four days the scrip was in continuous selling pressure
KOTAK BANK 803.00 818.50 829.30 841.00 862.00 Positive BREAK OUT in daily. RSI, STochastic & MACD are indicating upttrend.  For continuous 2 days scrip closed flat & then gave break out making high of 873.70
POWERGRID 99.20 100.50 101.90 102.50 103.90 Positive VOLUMES BUILD UP in positive trend.   Made a high of 107.50 & closed at 105.30
TITAN 2810.00 2885.00 2983.85 3030.00 3075.00 Positive BREAK OUT in daily.  Made a high of 3078.90

17th August 2010
HCL TECH 393.60 397.40 401.30 408.95 413.50 Negative FORMATION of bearish engulfing pattern in daily charts.  Made a low of 394.55
ITC 155.40 156.10 158.25 160.50 163.00 Positive Volume build up in positive trend. Scrip has taken support of 22 SMA. Made a high of 160.30, reverse just 0.20 points from our R1 making closing at 159.55
IDBI 117.00 120.50 123.95 126.70 129.00 Positive BUY at CMP for 129.  Target achieved.
SUNPHARMA 1660.00 1692.00 1715.90 1754.00 1792.00 Negative Heavy selling on the scrip. Low of 1700.05

18th August 2010
HDFC BANK 2075.00 2101.00 2121.05 2160.00 2190.00 Positive BUY at CMP  for 2190.  Target achieved, for next two days scrip rallied positively.
KOTAK BANK 813.15 821.60 833.25 841.60 849.20 Positive BUY above 841.60 for 849.20. C Scrip made a high of 844.85 & closed 840.50, nest day the target achieved as it made 864 as high.
LICHSGFIN 1222.00 1243.00 1263.75 1285.75 1320.00 Negative Profit Booking.  Made a low of 1228 & closed at 1239.65
ONMOBILE 301.00 315.20 325.55 338.00 350.00 Positive BREAK OUT in daily.  Made a high of 334, nest day it zoomed to the levels of 354.40.
RANBAXY 444.45 451.00 454.85 460.65 466.30 Positive Break Out in daily. RSI, Stochastic & MACD are indicating uptrend.  Made a high of 474.60 & next day it opened gap up.

19th August 2010
AUROPHARMA 959.00 974.00 1006.60 1045.00 1078.00 Positive BUY only above 1018 for 1078.  Made a high of 1073.55
GMRINFRA 60.30 61.60 62.55 63.70 64.90 Positive BUY AT CMP for 64.90  Made a high of 64
SUNPHARMA 1736.00 1745.00 1769.00 1789.00 1821.00 Positive BREAK OUT in daily charts. RSI & Stochastic are indicating uptrend.  High of 1809.

20th August 2010
BHUSHAN STEEL 1714.00 1753.90 1798.70 1732.00 1860.00 Positive RSI, Stochastic & MACD are indicating uptrend.  Scrip made a high of 1866 & closed at 1842.55
JINDAL STEEL 664.00 672.00 685.50 696.00 707.00 Positive BUY only above 686 for target above 700.  Made a high of 696.85, nest day it went up to 712.00
ONGC 1219.00 1243.00 1266.70 1283.00 1304 Negative SELL at CMP for 1243.00.  Made a low of 1251.55
RELCAP 751.20 762.40 770.90 781.35 799.00 Positive Scrip above 781.35 looks very bullish for 799.00. Break Out in daily.  The scrip was in upward trend for two days making high of  793.
RUCHI SOYA 109.80 112.30 115.95 117.00 119.60 Positive Volume break out.  Made a high of 120.40 & closed at 119.20. Next 4 days the scrip was in total uptrend making high of 132.50

23rd August 2010
BPCL 877.00 686.00 698.70 705.70 721.00 Positive BUY only above705.70.   Scrip crossing above 705.70 lead to a high of 781.50
LT 1808.00 1835.00 1868.80 1910.00 1930.00 Positive BREAK OUT. INVERSE HEAD & SHOULDER IN HOURLY CHART.
RELCAP 766.10 774.00 783.70 795.00 816.00 Positive CLOSING above 200 SMA.  Made a high of 793

24th August 2010
BHARTIARTL 308.00 312.50 317.35 321.00 326.00 Positive BUY above 320 for 326.Made a high of 325.80.
RELINFRA 1004.00 1022.00 1045.15 1065.00 1089.00 Negative SELLING pressure on scrip. Made a low of 1021.00 & closed at 1024.45
STER 154.00 156.40 158.55 160.80 163.00 Negative SELL at CMP for 154.00  Taregt achieved, scrip made a low of 150.75 & closed at 152.15

25th August 2010
JPASSOCIATE 115.60 117.20 118.40 119.80 122.00 Negative RSI & Stochastic are indicating downward trend.   Low was 115.00 & closed at 115.25.s
RANBAXY 476.00 485.70 494.30 500.70 518.00 Positive BUY ONLY above 500.70 for 518.  Made a high of 500.00
UNITECH 80.90 82.10 83.55 84.80 86.20 Negative SELL at CMP for 82.10.  Target achieved. For next two days the scrip was in selling zone.

26th August 2010
JPASSOCIATE 110.50 113.20 115.25 116.80 119.80 Negative SELLING pressure on the scrip.  Made alow of 113.75 & closed at 114.25.
JINDALSTEEL 678.00 690.10 699.10 709.00 715.00 Neutral VOLUME BUILD UP,  High of 712.
PNB 1168.00 1184.00 1197.00 1210 1227.00 Positive BUY at CMP for 1227.00.  High of 1225 & closed at 1218.30
UCO BANK 105.40 107.60 110.45 112.35 115.00 Positive BUY ONLY above 111.50 for 115.  High of 113.20 & closed at 112.85. Nest day it made a high of 116.20

27th August 2010
BPCL 724.00 750.00 763.65 778.00 797.00 NEUTRAL BUY ONLY ABOVE 760  & SELL ONLY BELOW 747.   Scrip opened at 761.65, Low was 752 & high was 801.75
CAIRN 333.55 336.40 339.40 344.50 348.80 Negative RSI, Stochastic & MACD are indicating downtrend.  Made a low of 334.20, closing at 335.25.
JINDAL STEEL 687.10 696.00 708.55 719.00 726.00 Positive BUY at CMP for 726.   Made a high of 717
POWERGRID 103.30 104.20 105.45 106.60 107.80 Positive FORMATION OF FLAG IN DAILY, STRONG CLOSING ABOVE BREAK OUT WITH VOLUMES. BUY ONLY ABOVE 105.80.   Same day scrip made a high of 106.50 & closed at 104.35.....next day it zoomed to the levels of 109.50

30th August 2010
BGRENERGY 780.00 795.00 804.90 818.98 846.00 Positive BUY AT CMP FOR 846.00.  Mad a high of 817.40
DLF 297.00 301.00 306.85 309.00 312.50 Negative SELLING pressure on the scrip.  Made a low of 303.25, closing at 307.30. Next days low was at 297.25.
HERO HONDA 1728.00 1754.00 1785.75 1822.00 1867.00 Negative SELL ONLY BLELOW 1803 for 1754.00. CLOSING BELOW 200 SMA.  Made a low of 1768.
LICHSGING 1163.00 1190.00 1208.35 1224.00 1240.00 Positive BUY AT CMP for 1240.00  Made a high of 1232.15
ONGC 1271.00 1298.00 1318.20 1331.00 1352.00 Positive BREAK OUT in DAILY. RSI, Stochastic & MACD are indicating uptrend.  Made a high of 1259.90

 31st August 2010
BHARTIARTL 315.50 318.20 322.80 336.00 328.80 Positive Positive momentum in scrip.   The scrip made a high of 328.30 & next day it opened GAP UP to close at 339.80
HINDALCO 164.70 165.90 167.05 169.50 172.00 Positive BREAK OUT in daily.  Same day the scrip closed flat, nest day it zoomed to the levels of 174.85.
LT 1776.00 1793.00 1818.75 1850.00 1876.00 Negative SELLING PRESSURE on scrip.  Made alow of 1790
KFA 57.90 58.85 59.95 61.05 62.20 Positive BUY AT CMP FOR 62.20  Target achieved.

 

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