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  1. 1. Wellstar Intelligence Group Swing Trader Newsletter Friday, 1 Jan 2010 Equity Report This is Demo Equity Newsletter . If you want to daily update in your inbox then contact us.
  2. 2. W E L L S T A R MARKET WEATHER ROUND UP Sensex ends above 17K on global cues; all sectors gain The benchmark Nifty gained for the second consecutive day and closed at two-week high on the back of strong global cues. Short covering too helped the markets to stay on the higher side. The indices closed above key levels, the Nifty settled above the 5100 level and the Sensex ended above the 17000 mark. US pending home sales for the month of April 2010 went up 6% as against expected increase of 5%. The US markets rallied post this news and ended 2.2-2.7% higher on Wednesday. This news pushed other markets too higher. European markets were trading 1.7-2% higher and the US index futures were up 0.2-0.5%, at the time of closing of Indian equities. In Asian markets, Nikkei surged 3.24%. Straits Times, Kospi, Jakarta and Taiwan Weighted gained 2-2.8%. Hang Seng was up 1.6% while only Shanghai declined 0.73%. For Next
  3. 3. . Stock (Symbol):- Nifty (fut.) Entry price: - Long above Rs 4930 Stoploss price: - Close position below Rs 4835 Target price:- Rs 5075 (3 %) Max Entry price:- Don’t buy if open above Rs 5000.
  4. 4. Stock (Symbol):- Punjlloyd (fut.) Entry price: - Short below Rs 167 Stoploss price: - Close position above Rs 172 Target price:- {TGT-1} Rs 155 (8 %) / {TGT-2} 146.50 (14.50 %) Max Entry price:- Don’t Sell if open below Rs 163
  5. 5. Stock (Symbol):- Welspun Guj (fut.) Entry price: - Long above Rs 78.50 Stoploss price: - Close position below Rs 70 Target price:- TGT-1 101 (28.5 %) TGT-2 124 (60 %) Max Entry price:- Don’t buy if open above Rs 90
  6. 6. Disclaimer:- This document is not for public distribution and has been furnished to you solely for your information and must not be reproduced or redistributed to any other person. Persons into whose possession this document may come are required to observe these restrictions. This material is for the personal information of the authorized recipient, and we are not soliciting any action based upon it  Opinions expressed are our current opinions as of the date appearing on this material only. While we  endeavor to update on a reasonable basis the information discussed in this material, there may be  regulatory, compliance, or other reasons that prevent us from doing so. Prospective investors and  others are cautioned that any forward-looking statements are not predictions and may be subject to  change without notice. The views and opinions expressed in this document may or may not match or  may be contrary with the views, estimates, rating, and target price of research group wellstar. The analyst for this report certifies that all of the views expressed in this report accurately reflect his or her personal views about the subject company or companies and its or their commodities, and no part of his or her compensation was, is or will be, directly or indirectly related to specific recommendations or views expressed in this report. For more disclaimer visit WELLSTAR - WELLSTAR - WELLSTAR - WELLSTAR – WELLSTAR – WELLSTAR -WELLSTAR
  7. 7. Wellstar Intelligence Group Phone No: - 080-5392-5256 For more detail visit or For subscription related queries call: - 080-5392-5256 If you want to trail for this newsletter then download our toolbar from web home page and check newsletter link WELLSTAR - WELLSTAR - WELLSTAR - WELLSTAR – WELLSTAR – WELLSTAR -WELLSTAR


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