Technical Report

Date : 24/02/2011

Market Summary
Indices Top 5 Gainers Top 5 Losers Sectoral Watch
Nifty Sensex Stocks % Gain Stocks % Loss Sector %G/L
Open 5452 18234 RELINFRA 11.97 RANBAXY 6.70 BANKEX (1.75)
High 5495 18377 HEROHONDA 7.94 SBIN 3.75 IT (1.50)
Low 5428 18150 RELCAPITAL 2.41 DLF 3.63 REALTY (1.27)
Close 5437 18178 DRREDDY 2.02 TATAPOWER 2.59 TECK (1.27)
% Chg (0.58) (0.64) RCOM 1.53 IDFC 2.48 OIL&GAS 0.53

Source : Falcon SENSEX DLY CHART

Market opened lower and traded in a narrow band with negative bias to close in red. On the daily chart, we are
witnessing that indices have closed near the crucial support of 18050 / 5400 levels. In coming trading session if
indices trade below 18050 / 5400 levels, then they are likely to test 17930 – 17842 / 5360 -5330 levels. On the
upside 18378 – 18460 / 5500 – 5530 levels are likely to act as resistance for the day. Volatility is expected to be
high on account of derivative expiry on Thursday.

Stocks +ve Bias Stocks -ve Bias

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 18178.00 18008.00 18093.00 18235.00 18321.00 18463.00
NIFTY 5437.00 5386.00 5412.00 5453.00 5479.00 5521.00
ABB 695.00 607.00 651.00 683.00 727.00 759.00
ACC 1014.00 993.00 1003.00 1013.00 1023.00 1033.00
AMBUJACEM 125.00 119.00 122.00 124.00 127.00 129.00
AXISBANK 1255.00 1234.00 1245.00 1262.00 1272.00 1289.00
BHARTIARTL 328.00 319.00 324.00 330.00 335.00 342.00
BHEL 2039.00 2001.00 2020.00 2052.00 2071.00 2104.00
BPCL 563.00 552.00 557.00 563.00 568.00 574.00
CAIRN 327.00 319.00 323.00 329.00 333.00 339.00
CIPLA 303.00 298.00 301.00 304.00 307.00 310.00
DLF 220.00 211.00 216.00 223.00 227.00 234.00
GAIL 443.00 435.00 439.00 443.00 448.00 452.00
HCLTECH 460.00 447.00 453.00 460.00 466.00 472.00
HDFC 647.00 630.00 639.00 650.00 658.00 670.00
HDFCBANK 2114.00 2070.00 2092.00 2122.00 2145.00 2175.00
HEROHONDA 1472.00 1316.00 1394.00 1456.00 1534.00 1596.00
HINDALCO 212.00 208.00 210.00 213.00 215.00 218.00
HINDUNILVR 280.00 276.00 278.00 280.00 282.00 284.00
ICICIBANK 1006.00 986.00 996.00 1013.00 1023.00 1040.00
IDEA 60.00 58.00 59.00 60.00 61.00 62.00
IDFC 135.00 130.00 132.00 136.00 139.00 142.00
INFOSYSTCH 3079.00 3049.00 3064.00 3085.00 3100.00 3121.00
ITC 156.00 154.00 155.00 156.00 157.00 158.00
JINDALSTEL 670.00 662.00 666.00 672.00 676.00 682.00
JPASSOCIAT 84.00 81.00 82.00 85.00 86.00 89.00
KOTAKBANK 408.00 402.00 405.00 408.00 411.00 415.00
LT 1601.00 1579.00 1590.00 1608.00 1619.00 1638.00
M&M 641.00 626.00 633.00 641.00 648.00 656.00
MARUTI 1193.00 1166.00 1179.00 1191.00 1204.00 1216.00
NTPC 173.00 169.00 171.00 174.00 176.00 179.00
ONGC 272.00 267.00 269.00 272.00 274.00 277.00
PNB 1059.00 1038.00 1048.00 1063.00 1073.00 1088.00
POWERGRID 100.00 98.00 99.00 99.00 100.00 101.00
RANBAXY 462.00 441.00 451.00 469.00 480.00 498.00
RCOM 96.00 92.00 94.00 96.00 99.00 101.00
RELCAPITAL 471.00 438.00 454.00 469.00 486.00 501.00
RELIANCE 996.00 977.00 986.00 994.00 1004.00 1012.00
RELINFRA 697.00 582.00 639.00 674.00 732.00 767.00
RPOWER 114.00 111.00 113.00 115.00 117.00 119.00
SAIL 155.00 151.00 153.00 156.00 158.00 161.00
SBIN 2618.00 2538.00 2578.00 2649.00 2689.00 2761.00
SIEMENS 844.00 833.00 838.00 844.00 849.00 854.00
STER 169.00 163.00 166.00 170.00 173.00 177.00
SUNPHARMA 416.00 408.00 412.00 418.00 423.00 429.00
SUZLON 45.00 44.00 45.00 45.00 46.00 47.00
TATAMOTORS 1144.00 1113.00 1128.00 1146.00 1161.00 1179.00
TATAPOWER 1205.00 1172.00 1188.00 1217.00 1233.00 1261.00
TATASTEEL 627.00 537.00 582.00 659.00 705.00 782.00
TCS 1126.00 1109.00 1117.00 1131.00 1139.00 1153.00
UNITECH 35.00 33.00 34.00 35.00 36.00 38.00
WIPRO 445.00 422.00 433.00 447.00 458.00 471.00

For Private Circulation Only.

 Technical Report

RESEARCH TEAM

Shardul Kulkarni Head - Technicals

Mileen Vasudeo Technical Analyst
Sameet Chavan Technical Analyst
Sacchitanand Uttekar Technical Analyst
Mehul Kothari 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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