Technical Report

Date : 08/12/2010

Market Summary
Indices Top 5 Gainers Top 5 Losers Sectoral Watch
Nifty Sensex Stocks % Gain Stocks % Loss Sector %G/L
Open 5995 19983 ACC 3.61 AXISBANK 3.72 BANKEX (2.86)
High 6001 20019 NTPC 5.15 ICICIBANK 3.39 REALTY (0.93)
Low 5940 19824 HINDALCO 2.62 KOTAKBANK 3.36 PSU (0.68)
Close 5977 19935 GAIL 2.08 SBIN 2.59 OIL&GAS 0.91
% Chg (0.26) (0.23) AMBUJACEM 1.93 DLF 2.56 METAL 0.69

Source : Falcon SENSEX DLY CHART

Markets traded in a narrow range with negative bias but finally managed to close on a flat note. On the daily
charts there is no clarity of trend as we are witnessing narrow range body formation for the fourth consecutive
trading session. Hence, if indices trade convincingly above 20019 / 6001 levels then they are likely to test 20217 -
20350 / 6070 - 6120 levels .On the downside, 19824 –19740 / 5939 – 5880 levels may act as support for the day.
.

Stocks +ve Bias Stocks -ve Bias

GAIL
TATASTEEL

The stocks mentioned above are given considering the general direction of the trend expected over a period of 2 or
3 days. Investors / Traders are expected to use their own discretion while taking any action related to the stock.

For Private Circulation Only.

 Technical Report

PIVOTS
Stocks Close S2 S1 Pivot R1 R2
SENSEX 19935.00 19731.00 19833.00 19926.00 20028.00 20121.00
NIFTY 5977.00 5911.00 5944.00 5972.00 6005.00 6034.00
ABB 803.00 781.00 792.00 801.00 812.00 821.00
ACC 997.00 957.00 977.00 995.00 1015.00 1034.00
AMBUJACEM 139.00 133.00 136.00 138.00 141.00 143.00
AXISBANK 1325.00 1261.00 1293.00 1339.00 1371.00 1417.00
BHARTIARTL 349.00 340.00 344.00 350.00 354.00 359.00
BHEL 2240.00 2198.00 2219.00 2242.00 2263.00 2286.00
BPCL 661.00 647.00 654.00 664.00 671.00 681.00
CAIRN 330.00 325.00 328.00 331.00 333.00 336.00
CIPLA 371.00 360.00 366.00 370.00 375.00 379.00
DLF 298.00 287.00 293.00 300.00 306.00 314.00
GAIL 502.00 486.00 494.00 499.00 507.00 513.00
HCLTECH 436.00 414.00 425.00 432.00 443.00 449.00
HDFC 701.00 688.00 694.00 702.00 708.00 715.00
HDFCBANK 2352.00 2295.00 2323.00 2357.00 2385.00 2418.00
HEROHONDA 1789.00 1750.00 1769.00 1785.00 1805.00 1820.00
HINDALCO 227.00 219.00 223.00 226.00 230.00 233.00
HINDUNILVR 296.00 291.00 293.00 297.00 300.00 304.00
ICICIBANK 1111.00 1071.00 1091.00 1120.00 1139.00 1168.00
IDEA 71.00 70.00 70.00 70.00 71.00 71.00
IDFC 180.00 174.00 177.00 180.00 183.00 186.00
INFOSYSTCH 3179.00 3116.00 3148.00 3171.00 3202.00 3226.00
ITC 168.00 165.00 166.00 168.00 170.00 171.00
JINDALSTEL 702.00 678.00 690.00 703.00 714.00 727.00
JPASSOCIAT 107.00 103.00 105.00 107.00 109.00 111.00
KOTAKBANK 464.00 449.00 457.00 469.00 476.00 488.00
LT 2017.00 1957.00 1987.00 2007.00 2037.00 2058.00
M&M 801.00 787.00 794.00 800.00 807.00 812.00
MARUTI 1429.00 1390.00 1409.00 1428.00 1447.00 1466.00
NTPC 192.00 185.00 188.00 190.00 194.00 196.00
ONGC 1338.00 1315.00 1327.00 1336.00 1348.00 1357.00
PNB 1197.00 1156.00 1177.00 1204.00 1225.00 1252.00
POWERGRID 99.00 97.00 98.00 99.00 100.00 100.00
RANBAXY 560.00 547.00 554.00 563.00 570.00 579.00
RCOM 134.00 131.00 133.00 134.00 136.00 138.00
RELCAPITAL 708.00 688.00 698.00 705.00 715.00 722.00
RELIANCE 1031.00 1010.00 1021.00 1030.00 1040.00 1050.00
RELINFRA 833.00 815.00 824.00 834.00 843.00 854.00
RPOWER 160.00 157.00 159.00 160.00 161.00 163.00
SAIL 183.00 178.00 181.00 183.00 186.00 188.00
SBIN 2865.00 2785.00 2825.00 2890.00 2930.00 2995.00
SIEMENS 788.00 765.00 777.00 788.00 799.00 810.00
STER 172.00 168.00 170.00 172.00 174.00 176.00
SUNPHARMA 463.00 453.00 458.00 463.00 468.00 473.00
SUZLON 51.00 49.00 50.00 51.00 53.00 54.00
TATAMOTORS 1335.00 1293.00 1314.00 1333.00 1354.00 1373.00
TATAPOWER 1304.00 1267.00 1285.00 1300.00 1319.00 1333.00
TATASTEEL 639.00 628.00 634.00 639.00 645.00 650.00
TCS 1088.00 1072.00 1080.00 1090.00 1098.00 1108.00
UNITECH 66.00 60.00 63.00 65.00 68.00 70.00
WIPRO 435.00 430.00 432.00 435.00 437.00 440.00

For Private Circulation Only.

 Technical Report

RESEARCH TEAM

Shardul Kulkarni Head - Technicals

Mileen Vasudeo Technical Analyst
Sameet Chavan Technical Analyst

For any Queries, Suggestions and Feedback kindly mail to vasudeo.kamalakant@angeltrade.com

Research Team: 022-3952 6600 Website: www.angelbroking.com

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