Interesting Stats…with the Sensex at 18200 levels,let’s have a look at which from the Sensex 30 are towards 52 Week Lows and which are towards 52 week Highs…should give you some conviction in Sensex Strategies going forward
| ELEVEN SENSEX SCRIPS TOWARDS 52 WEEK LOWS ……. BSE Sensex 18205 on Jun 13,2011 at 11:56 am |
|
Code |
Rank Mkt Cap |
Company |
Mkt. Cap Rs Crs |
Equity Rs crs |
FV Rs |
Last Price Rs |
52 Week High Rs |
52 Week Low Rs |
Volume |
|
500325 |
1 |
RELIANCE |
303318.50 |
3273.81 |
10 |
926.50 |
1187 |
901 |
237233 |
|
500312 |
4 |
ONGC CORPN |
229928.53 |
4277.74 |
5 |
268.75 |
368 |
264 |
182630 |
|
500209 |
5 |
INFOSYS TECH |
164089.21 |
287.07 |
5 |
2858.00 |
3494 |
2621 |
27617 |
|
532555 |
7 |
NTPC LTD |
146686.73 |
8245.46 |
10 |
177.90 |
222 |
168 |
70561 |
|
500112 |
9 |
STATE BANK |
140904.28 |
634.99 |
10 |
2219.00 |
3515 |
2182 |
133980 |
|
500103 |
16 |
BHEL |
93728.39 |
489.52 |
10 |
1914.70 |
2695 |
1909 |
22396 |
|
532868 |
34 |
DLF LIMITED |
38619.26 |
339.51 |
2 |
227.50 |
397 |
210 |
201276 |
|
532500 |
36 |
MARUTI SUZUKI |
35207.79 |
144.46 |
5 |
1218.60 |
1600 |
1136 |
27532 |
|
532712 |
Not in Top 50 |
REL COM |
19412.17 |
1032.01 |
5 |
94.00 |
205 |
81 |
2711615 |
|
532532 |
Not in Top 50 |
JAIPRAKASH A |
17447.18 |
425.27 |
2 |
82.00 |
141 |
73 |
601016 |
|
500390 |
Not in Top 50 |
REL INFRA |
14518.08 |
267.42 |
10 |
544.00 |
1225 |
538 |
110553 |
| FIVE SENSEX SCRIPS TOWARDS 52 WEEK HIGHS……. BSE Sensex 18205 on Jun 13,2011 at 11:56 am |
|
Code |
Rank Mkt Cap |
Company |
Mkt Cap Rs Crs |
Equity Rs Crs |
FV Rs |
Last Price Rs |
52 Week High Rs |
52 Week Low Rs |
Volume |
|
532540 |
3 |
TCS LTD. |
231448.69 |
195.72 |
1 |
1182.55 |
1247 |
730 |
21222 |
|
500875 |
6 |
ITC LTD. |
147565.57 |
773.81 |
1 |
190.70 |
198 |
139 |
196021 |
|
532454 |
8 |
BHARTI ARTL |
143527.27 |
1898.76 |
5 |
377.95 |
400 |
261 |
41000 |
|
500180 |
11 |
HDFC BANK |
109944.42 |
466.38 |
10 |
2357.40 |
2518 |
1880 |
8461 |
|
500696 |
20 |
HIND UNI LT |
69405.95 |
221.32 |
1 |
313.60 |
329 |
251 |
51998 |
11 Scrips are towards 52 Week Lows while 5 Scrips are towards 52 Week Highs=> 16 of 30 Sensex scrips,that’s over half the scrips, are towards Lows or Highs……If Sensex crosses 20000 again later this year and moves towards 25000 mid next year as opined by some,it would be interesting to risk some Sensex Strategies going forward….for instance have a look at the eleven Lows and assess whether they will go yet much lower….then they deserve to be replaced in the Sensex perhaps…or will they bounce back late in 2011 and definitely in 2012
….all the 11 Lows look tempting to go long….NTPC is my choice of lowest risk with little downside from Rs 177.90
Cheers !
2 thoughts on “Sensex 30…At 18200 levels, 11 scrips are towards 52 week Lows and 5 scrips towards 52 week Highs….NTPC is my choice of lowest risk to go long”
Hi Gaurav,
Thanks for the post.How about Bhel.In your previous blogs you had advised to have some Bhelpuri :-).
Thanks
Nitin
Dear Nitin,
I love Bhel-puri…but not too spicy…as i said all eleven towards their 52 week lows look tempting….Cheers !…Reliance Infra and Reliance Com have been beaten down considerably due to Anil Ambani Group battling issues on many fronts…Interesting Risk Plays….Cheers again!