Global Research Limited

EQUITY
Market
Week : July 11th to 15th July 2011

REPORT

WEEKLY
Analyst Speak

Market Snapped 5700 Mark, Backdown In Red

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segment

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Week : July 11th to 15th July 2011

Week : July 11th to 15th July 2011

Global Market News

Weekly Wrap
The index touched a low 5,651 in the afternoon session as cautiousness prevailed ahead of the cabinet re-shuffle this weekend. The S&P CNX Nifty closed down 68 points, at 5,661 and the benchmark Sensex declined 220 points, at 18,858. HDFC kicked off the results season today. The net profit for the first quarter was reported at Rs 845 crore against Rs 694 crore during the same quarter last year; this was lower than analysts' expectations. The Net Interest Income was reported at Rs 1,151 crore. After the result announcement, the stock slipped 1.5%, to close at Rs 712. Metal index plummeted 3%. Sterlite Industries and Sesa Goa ended down over 4% each, and Coal India declined 8%, at Rs 362.

Global Market Analysis

NIFTY
NIFTY Properties Weekly Open Weekly High Weekly Low Weekly Close Weekly Chg Points Weekly Chg% Values 5679.55 5740.40 5610.75 5660.65 -18.9 -0.33%

World Indices
World Indices Sensex Nifty DOW Jones Shanghai Comp. Nikkei CAC 40 FTSE Close 18858.04 5660.65 12657.20 2797.77 10137 3913.55 5990.58 Weekly Chg Points +96.04 -18.09 +72.48 +28.41 +269.66 -58.45 +.78 % Chg +0.51% -0.33% +.59% +1.02% +2.73% -1.45% +0.01%

Asian & Emerging

Asian stocks are set for their third consecutive week of gains on expectations of strong U.S. jobs data later on Friday while the euro held on to most of its overnight gains after the European Central Bank raised interest rates. Strong U.S. payrolls would signal the world's biggest economy is recovering from a soft patch and would encourage fund allocations in riskier assets such as emerging market equities which have broadly underperformed their developed market counterparts this year. The Nikkei average hit a four-month peak on Friday, led by gains in construction stocks after a brokerage upgrade, while investors see the market recovering to pre-quake levels next week if U.S. job figures improve in line with other data.

Sectorial Indices
Indices BANK NIFTY CNX NIFTY JUNIOR S&P CNX 500 CN XIT CNX MIDCAP CNX 100 Open 11379.05 11331.20 4550.30 6724.75 8026.40 5584.55 High 11451.25 11550.00 4611.40 6835.25 8195.85 5652.60 Low 11232.15 11331.20 4523.15 6660.35 8026.40 5536.05 Close 11285.15 11356.75 4554.80 6723.85 8115.90 5574.40

US Market
Wall Street heads into earnings season next week playing a typical game: Worrying about results a lot, and then rallying on pleasant surprises. US employers hired a mere 18,000 workers, the Labor Department said, the fewest number in nine months and far below economists' expectations for a 90,000 rise. In Europe, London's FTSE opened up 0.9 percent at 6,054.55. Germany's DAX added 0.4 percent to 7,501.8 and France's CAC40 gained 0.3 to 3,991.98. Wall Street was also poised for a slightly

Gainers
Scrip BHARAT RASYAN PRIME FOCUS PARENTRL DRUG DEEP INDUS Current Close 135.75 67.75 116.00 72.85 51.65 Change 102.00 51.35 90.00 56.55 40.60 Chg % 33.09 31.94 28.89 28.82 27.22

Losers
Scrip TIMBOR HOME OSWALMINERAL REFEX REFRI EXCEL INFO TAINWALACHEM Current Close 45.20 45.70 21.70 25.05 32.00 Change 85.05 61.90 26.50 30.00 38.00 Chg % -46.85 -26.17 -18.11 -16.50 -15.79

Micro Economic Front

Food inflation at 7-week low of 7.6%: Food inflation in the country fell to a seven-week low of 7.61% for the week ended June 25 on the back of cheaper vegetables, pulses and potatoes. India, Pak foreign ministers may meet on July 27: The foreign ministers of India and Pakistan are expected to meet in New Delhi on July 27 to review progress in the bilateral peace process that was revived earlier this year, according to a media report today. Plan panel approves TN's Rs 23,535-cr outlay for FY12: The Planning Commission today approved Tamil Nadu's annual Plan of Rs 23,535 crore for 2011-12, which is Rs 3,467 crore higher than last fiscal's outlay.

ALLIED DIGIT

DIIs Investment
Indices 07-Jul-2011 06-Jul-2011 05-Jul-2011 04-Jul-2011 Buy Value 784.10 440.40 362.80 595.30 Sell Value 611.80 345.30 463.60 482.80 Net Value 172.30 95.10 -100.90 112.50

FIIs Investment
Indices 08-Jul-2011 07-Jul-2011 06-Jul-2011 05-Jul-2011 04-Jul-2011 Buy Value 2,849.10 2,116.30 2,662.00 2,839.30 8,003.40 Sell Value 2,099.10 1,835.30 1,801.40 1,654.30 5,326.10 Net Value 750.00 281.00 860.60 1,185.00 2,677.30

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Week : July 11th to 15th July 2011

Week : July 11th to 15th July 2011

Weekly Analysis
Spot Nifty

Observation

Expert

Stock Of The Week

Observation

Expert

TECHNICAL OVERVIEW The Nifty futures closed and settled finally at 5664 down by -80.60 points or -1.40 %. It is looking bullish in the coming trading session if it manages to trade above the resistance level of 5790 else below support level of 5600 it would be in a downward trend.

TECHNICAL LEVELS
Properties Support 1 Support 2 Resistance 1 Resistance 2 Values 5600 5490 5790 5870

Weekly Chart

ANALYST RECOMMEND

BUY
SYNDICATE BANK
Symbol
SYNDIBANK (NSE)

Bank Nifty

Company Name
SYNDICATE BANK

Price
`118.65

Change
`0.75

Volume
867238

52 Week High
132.80

% From High
-10.65%

Day High
120.30

EPS
18.28

Weekly Chart

Stock Analysis
TECHNICALS
SYNDICATE BANK IS IN CONSOLIDATION PHASE FROM LONG , IF IT
Indices
SYNDICATE BANK

TECHNICAL OVERVIEW Bank Nifty Futures shut stop at 11459 up by 141.20 or 1.25 %. It is looking bullish in the coming trading session if it manages to trade above the resistance level of 11500 else below support level of 11270 it would be in a downward trend.

TECHNICAL LEVELS
Properties Support 1 Support 2 Resistance 1 Resistance 2 Values 11270 11090 11500 11780

MANAGES TO SUSTAIN ABOVE 121. IT WILL TAKE UP MOVE .WE RECOMMEND TO BUY SYNDICATE BANK IN NSE IN CASH ABOVE

Support Resistance

117 121

121 TARGET 124,127 WITH STOPLOSS OF 117.

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Week : July 11th to 15th July 2011

Week : July 11th to 15th July 2011

CAN SLIM
WHY CAN SLIM?
CAN SLIM is a formula created by William J. O'Neil, who is the founder of the Investor's Business Daily and author of the book How to Make Money in Stocks - A Winning System in Good Times or Bad. Each letter in CAN SLIM stands for one of the seven chief characteristics that are commonly found in the greatest winning stocks. The C-A-N-S-L-I-M. characteristics are often present prior to a stock making a significant rise in price, and making huge profits for the shareholders! O'Neil explains how he conducted an intensive study of 500 of the biggest winners in the stock market from 1953 to 1990. A model of each of these companies was built and studied. Again and again, it was noticed that almost all of the biggest stock market winners had very similar characteristics just before they began their big moves.

S
Supply and Demand: Shares Outstanding Plus Big Volume Demand.
Primary Factors SYNDICATE BANK is a mid cap stock consisting of Rs. 5891.8 crores Shares Outstanding (Total Public Shareholding)

L
Leader or Laggard: Which is your stock?
Primary Factors

SYNDICATE BANK is a leading stock with a relative strength above 53.04% in Weekly and 57.46% in Daily.

KEY STATISTICS

C
Current Quarter Earning per Share. The Higher The Better.
Primary Factors Almost 12.62% of increase in Q o Q Earnings.

I
Institutional Sponsorship: Follow the Leaders.
Primary Factors Approximately 16.68% of Shares are held by the Institutional Investors (FIIs, Mutual Funds etc.)

M A
Annual Earnings Increases: Look for a significant growth.
Primary Factors Annual Earnings showed an increase of 28.84% Y o Y.

Market Direction
Primary Factors If Market continues to remain in a secular uptrend, hence overall conditions are appropriate to initiate long position in the stock: A Big plus for the Stock.

Disclaimer
The information and views in this report, our website & all the service we provide are believed to be reliable, but we do not accept any responsibility (or liability) for errors of fact or opinion. Users have the right to choose the product/s that suits them the most.

N
New Products, New Management, New Highs, Buying at Right Time.
Primary Factors SYNDICATE BANK is consolidating with positive biasness from last many trading sessions and is expected to take an up rally.

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