Stocks in FnO

Following is a list of top gainers and losers in the futures and options market in the NSE on the 8 Aug 2007 :

Top Gainers
SYMBOL	OPEN	HIGH	LOW	CLOSE	% CHANGE IN OI
CORPBANK	369	383.15	367.15	379.9	26.7
AIRDECCAN	143.5	145.5	143.1	143.35	19.05
FEDERALBNK	353.1	358	349	350.75	17.42
NTPC	168.45	174.8	167.5	172.25	17.28
GESHIP	345	355	341.6	350.3	16.52
CROMPGREAV	297	311	297	305.3	16
ICICIBANK	877	899.8	877	891.2	13.45
NAGARFERT	24.5	25.9	24.05	25.15	12.28
IDBI	114.4	122.7	114.25	121.7	11.76
ROLTA	462	471	455	459.6	11.37
MCDOWELL-N	1422	1453.7	1416.55	1420.85	9.31
J&KBANK	694	709	694	696.6	9.23
PFC	179.9	192.3	179.5	189.8	8.76
VIJAYABANK	54.2	55.95	54.2	55.1	8.58
RANBAXY	374.5	387.6	373	384.4	8.53
NEYVELILIG	73.25	81.2	73.1	79.4	8.37
TRIVENI	58	60.45	58	59	8.15
IVRCLINFRA	384.7	391.9	382.1	383.5	7.27
IDFC	127.4	132	127.4	130.15	7.17
DENABANK	56.1	59.15	56.1	58.2	6.92
Top Losers
SYMBOL	OPEN	HIGH	LOW	CLOSE	% CHANGE IN OI
MPHASIS	292.25	306.75	292	302.6	-17.83
JPHYDRO	40.8	45	40.3	44.5	-16.81
UNIPHOS	341	344	336.75	339.7	-15.6
RELIANCE	1824	1884.5	1821	1873.85	-12.84
BILT	137.75	140.95	137.55	140.6	-7.57
ACC	999	1027.9	996	1021.75	-7

Comments:

Corporation Bank is all set to take a punt at the previous top of 392 before it either takes a direct rise over that or a rise after a minor cool off.

Federal Bank has been having a great run up all these weeks. The OI increased but the price actually fell down a little. More likelihood that shorts are being built into the system. Expect to see a red candle in it.

NTPC is in a strong mood to rise more. 183 roughly should be a target. A small cup formation has broken out along with a larger cup formation of a few weeks earlier.

Dena Bank has done remarkably well and one can expect a little more rise today as well which has doubts of sustaining and should go weak some time during the day.

Reliance had a cut in OI. The price rose well and hence profit booking. We can expect a little rise in the counter again but constant profit booking can take the toll. Price shall have to touch 1900 today.

Corpbank Performace at the end of 9 Aug 2007 : FailureFederalBank Performace at the end of 9 Aug 2007 : SuccessNTPC Performace at the end of 9 Aug 2007 : FailureDenabank Performace at the end of 9 Aug 2007 : SuccessReliance Performace at the end of 9 Aug 2007 : Success
(performance is based on early morning entry or an opportune entry in the day)