1. Date : 01/06/2010
Market Summary
Indices Top 5 Gainers Top 5 Losers Sectoral Watch
Nifty Sensex Stocks % Gain Stocks % Loss Sector %G/L
Open 5076 16872 M&M 5.32 SUZLON 7.70 PSU 2.70
High 5098 16971 BPCL 4.23 STER 3.04 AUTO 1.87
Low 5039 16807 ONGC 3.79 RCOM 2.10 HC 1.77
Close 5086 16945 CAIRN 3.07 SIEMENS 2.07 OIL&GAS 1.66
% Chg 0.39 0.48 SUN PHAR 2.35 JPASSOCIATE 2.04 REALTY (0.83)
Source : Falcon NIFTY DLY CHART
Markets opened on a flat note and traded with choppiness to close with marginal gains. After a continuous rally of
nearly 300 points in the past four sessions, the daily charts now indicate a candle stick pattern which resembles a
“Hanging man” formation. This indicates that if the low of the “Hanging man” i.e. 16806 / 5038 is broken, then we
may witness a fall up to 16600 – 16450 / 4980 – 4940 levels. On the upside, if indices convincingly trade above
17000 / 5100 level then it may test 17200 – 17300 / 5140 – 5165 levels.
Stocks +ve Bias Stocks -ve Bias
VIJAYA BANK PUNJLLOYD
JET AIRWAYS SUZLON
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.

2. UNITED PHOSPHOROUS
View: BULLISH Buying Range : Rs. 182.00 - 174.00 Closing Price: Rs.182.15
*Stop Loss: Rs.158.00 *Target: Rs.230.00 R:R. 1 : 2.6
On the monthly chart, we are
witnessing a positive double
crossover in momentum
oscillators i.e. Stochastic and RSI.
In addition the volumes have
picked up significantly in last 15-
18 trading sessions. Also stock
has managed to give a monthly
close above the resistance level of
Rs 176. This suggests further
upside momentum. We
recommend buying the stock from
current level to decline up to
Rs.174 for target of Rs.225.00 in
coming 10-12 weeks
* Stop Losses, Targets and Time Frame are indicative and readers should use their discretion in following the same.
Stop Losses / Trailed Stop Losses should be strictly implemented in order to protect profits / reduce losses. Non
adherence to the same can lead to bigger losses at times.
For Private Circulation Only.

3. PIVOTS
Stocks Close S2 S1 Pivot R1 R2
SENSEX 16945.00 16743.00 16844.00 16907.00 17008.00 17072.00
NIFTY 5086.00 5015.00 5051.00 5074.00 5110.00 5133.00
ABB 856.00 839.00 848.00 858.00 867.00 877.00
ACC 819.00 800.00 809.00 821.00 830.00 842.00
AMBUJACEM 109.00 104.00 107.00 108.00 111.00 112.00
AXISBANK 1232.00 1199.00 1216.00 1227.00 1244.00 1255.00
BHARTIARTL 263.00 258.00 260.00 262.00 265.00 267.00
BHEL 2353.00 2281.00 2317.00 2341.00 2377.00 2401.00
BPCL 581.00 550.00 566.00 578.00 593.00 605.00
CAIRN 300.00 284.00 292.00 297.00 305.00 310.00
CIPLA 319.00 312.00 316.00 321.00 324.00 329.00
DLF 277.00 267.00 272.00 276.00 281.00 285.00
GAIL 454.00 445.00 449.00 453.00 457.00 461.00
HCLTECH 382.00 356.00 369.00 379.00 392.00 401.00
HDFC 2790.00 2742.00 2766.00 2785.00 2809.00 2829.00
HDFCBANK 1888.00 1850.00 1869.00 1884.00 1903.00 1918.00
HEROHONDA 1937.00 1896.00 1917.00 1933.00 1954.00 1971.00
HINDALCO 150.00 144.00 147.00 149.00 152.00 154.00
HINDUNILVR 237.00 233.00 235.00 237.00 240.00 242.00
ICICIBANK 868.00 850.00 859.00 867.00 876.00 884.00
IDEA 51.00 50.00 50.00 50.00 51.00 51.00
IDFC 157.00 151.00 154.00 156.00 159.00 161.00
INFOSYSTCH 2658.00 2562.00 2610.00 2673.00 2720.00 2783.00
ITC 283.00 275.00 279.00 283.00 288.00 292.00
JINDALSTEL 654.00 633.00 644.00 652.00 662.00 671.00
JPASSOCIAT 125.00 116.00 120.00 127.00 131.00 137.00
KOTAKBANK 759.00 742.00 750.00 757.00 765.00 772.00
LT 1631.00 1611.00 1621.00 1630.00 1641.00 1650.00
M&M 573.00 543.00 558.00 568.00 583.00 593.00
MARUTI 1237.00 1218.00 1228.00 1234.00 1243.00 1249.00
NTPC 202.00 197.00 200.00 202.00 204.00 206.00
ONGC 1168.00 1117.00 1142.00 1160.00 1185.00 1203.00
PNB 1003.00 969.00 986.00 995.00 1012.00 1022.00
POWERGRID 103.00 102.00 102.00 103.00 104.00 105.00
RANBAXY 430.00 415.00 423.00 427.00 434.00 439.00
RCOM 145.00 142.00 143.00 146.00 147.00 149.00
RELCAPITAL 654.00 639.00 647.00 653.00 661.00 667.00
RELIANCE 1046.00 1021.00 1033.00 1041.00 1053.00 1061.00
RELINFRA 1067.00 1035.00 1051.00 1062.00 1078.00 1088.00
RPOWER 156.00 152.00 154.00 157.00 159.00 162.00
SAIL 207.00 199.00 203.00 205.00 209.00 211.00
SBIN 2269.00 2213.00 2241.00 2258.00 2286.00 2302.00
SIEMENS 698.00 683.00 690.00 702.00 709.00 721.00
STER 662.00 638.00 650.00 666.00 678.00 694.00
SUNPHARMA 1664.00 1584.00 1624.00 1649.00 1689.00 1714.00
SUZLON 56.00 52.00 54.00 58.00 60.00 64.00
TATAMOTORS 755.00 730.00 743.00 753.00 766.00 777.00
TATAPOWER 1285.00 1252.00 1269.00 1279.00 1296.00 1306.00
TATASTEEL 501.00 480.00 490.00 497.00 507.00 513.00
TCS 743.00 730.00 736.00 745.00 751.00 760.00
UNITECH 73.00 69.00 71.00 73.00 74.00 76.00
WIPRO 670.00 649.00 659.00 668.00 678.00 686.00
For Private Circulation Only.

4. RESEARCH TEAM
Shardul Kulkarni Head - Technicals
Brijesh Ail Technical Analyst
Mileen Vasudeo 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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