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Date : 14/06/2010

                                               Market Summary
                   Indices               Top 5 Gainers             Top 5 Losers                Sectoral Watch
                  Nifty     Sensex      Stocks    % Gain       Stocks         % Loss        Sector         %G/L
Open                5079      16994     BHEL       3.04        UNITECH          3.68        OIL&GAS         1.67
High                5139      17132     RELIANCE   2.93        BHARTIARTL       3.58        BANKEX          1.04
Low                 5079      16994     SIEMENS    2.63        BPCL             2.00        CG              1.01
Close               5119      17065     KOTAKBANK 2.27         IDFC             1.75        AUTO            0.98
% Chg                  0.80      0.84   ICICIBANK  2.12        ACC              1.69        POWER           0.87




Source : Falcon                                                                                       NIFTY DLY CHART


We maintain our view that as long as the indices hold the higher bottom of 16550 / 4960 levels ,we are of the
opinion that the indices would trade with positive bias for the coming week. The immediate resistance for the
indices is at 17150 / 5150 levels. Once that is crossed, on closing basis, we could see a breakout of an “Inverse
Head and Shoulder” pattern on the Daily chart that would lead the indices to test 17500 – 17670 / 5250 – 5300
levels. On the flip side if the indices break 16544 / 4960 levels on the downside then selling may intensify and we
could test 16373 - 16070 / 4900 – 4800 levels.
Traders holding their long position should maintain a stop loss of 16544 / 4960.


                      Stocks +ve Bias                                               Stocks -ve Bias
                     RELIANCE IND LTD
                       SIEMENS LTD



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.
PIVOTS
      Stocks              Close         S2             S1          Pivot         R1          R2
SENSEX                      17065.00    16926.00       16995.00     17064.00     17133.00    17201.00
NIFTY                        5119.00     5052.00        5086.00       5112.00     5146.00     5173.00
ABB                           859.00       852.00         855.00       859.00       862.00      865.00
ACC                           862.00       835.00         848.00       866.00       879.00      896.00
AMBUJACEM                     115.00       111.00         113.00       116.00       117.00      120.00
AXISBANK                     1246.00     1226.00        1236.00       1248.00     1258.00     1270.00
BHARTIARTL                    274.00       259.00         266.00       279.00       286.00      299.00
BHEL                         2393.00     2305.00        2349.00       2374.00     2418.00     2442.00
BPCL                          541.00       528.00         534.00       545.00       552.00      562.00
CAIRN                         301.00       296.00         299.00       301.00       303.00      305.00
CIPLA                         338.00       330.00         334.00       338.00       342.00      346.00
DLF                           262.00       256.00         259.00       264.00       268.00      273.00
GAIL                          460.00       454.00         457.00       460.00       463.00      466.00
HCLTECH                       370.00       364.00         367.00       370.00       373.00      377.00
HDFC                         2809.00     2728.00        2768.00       2796.00     2836.00     2864.00
HDFCBANK                     1946.00     1910.00        1928.00       1939.00     1957.00     1968.00
HEROHONDA                    2013.00     1987.00        2000.00       2017.00     2030.00     2048.00
HINDALCO                      140.00       135.00         137.00       139.00       142.00      144.00
HINDUNILVR                    253.00       250.00         252.00       253.00       254.00      256.00
ICICIBANK                     846.00       824.00         835.00       843.00       853.00      861.00
IDEA                            54.00       53.00          54.00         55.00       56.00       57.00
IDFC                          163.00       158.00         161.00       165.00       167.00      171.00
INFOSYSTCH                   2631.00     2578.00        2604.00       2648.00     2674.00     2717.00
ITC                           282.00       275.00         278.00       284.00       287.00      292.00
JINDALSTEL                    642.00       624.00         633.00       641.00       650.00      659.00
JPASSOCIAT                    123.00       121.00         122.00       123.00       125.00      126.00
KOTAKBANK                     759.00       735.00         747.00       757.00       769.00      778.00
LT                           1677.00     1664.00        1670.00       1678.00     1684.00     1692.00
M&M                           607.00       591.00         599.00       608.00       615.00      624.00
MARUTI                       1357.00     1330.00        1343.00       1354.00     1367.00     1378.00
NTPC                          200.00       198.00         199.00       200.00       202.00      203.00
ONGC                         1180.00     1155.00        1168.00       1186.00     1198.00     1216.00
PNB                          1035.00     1016.00        1026.00       1033.00     1042.00     1049.00
POWERGRID                     101.00       100.00         101.00       102.00       103.00      104.00
RANBAXY                       432.00       420.00         426.00       431.00       437.00      442.00
RCOM                          173.00       168.00         170.00       174.00       176.00      180.00
RELCAPITAL                    682.00       663.00         672.00       684.00       693.00      705.00
RELIANCE                     1046.00     1010.00        1028.00       1039.00     1058.00     1069.00
RELINFRA                     1113.00     1085.00        1099.00       1120.00     1134.00     1156.00
RPOWER                        159.00       151.00         155.00       160.00       165.00      170.00
SAIL                          198.00       191.00         195.00       199.00       203.00      207.00
SBIN                         2340.00     2128.00        2234.00       2432.00     2538.00     2736.00
SIEMENS                       718.00       693.00         705.00       713.00       725.00      732.00
STER                          635.00       617.00         626.00       640.00       649.00      663.00
SUNPHARMA                    1682.00     1633.00        1658.00       1691.00     1716.00     1749.00
SUZLON                          54.00       53.00          53.00         54.00       55.00       56.00
TATAMOTORS                    765.00       750.00         757.00       765.00       773.00      780.00
TATAPOWER                    1240.00     1211.00        1226.00       1242.00     1256.00     1272.00
TATASTEEL                     474.00       466.00         470.00       474.00       478.00      482.00
TCS                           759.00       746.00         752.00       758.00       765.00      770.00
UNITECH                         68.00       65.00          67.00         69.00       71.00       73.00
WIPRO                         647.00       640.00         644.00       649.00       653.00      658.00


     For Private Circulation Only.
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
DISCLAIMER: This document is not for public distribution and has been furnished to you solely for your information and must not be reproduced or
redistributed to any other person. Persons into whose possession this document may come are required to observe these restrictions.

Opinion expressed is our current opinion as of the date appearing on this material only. While we endeavor to update on a reasonable basis the
information discussed in this material, there may be regulatory, compliance, or other reasons that prevent us from doing so. Prospective investors and
others are cautioned that any forward-looking statements are not predictions and may be subject to change without notice. Our proprietary trading and
investment businesses may make investment decisions that are inconsistent with the recommendations expressed herein.

The information in this document has been printed on the basis of publicly available information, internal data and other reliable sources believed to be
true and are for general guidance only. While every effort is made to ensure the accuracy and completeness of information contained, the company
takes no guarantee and assumes no liability for any errors or omissions of the information. No one can use the information as the basis for any claim,
demand or cause of action.

Recipients of this material should rely on their own investigations and take their own professional advice. Each recipient of this document should make
such investigations as it deems necessary to arrive at an independent evaluation of an investment in the securities of companies referred to in this
document (including the merits and risks involved), and should consult their own advisors to determine the merits and risks of such an investment. Price
and value of the investments referred to in this material may go up or down. Past performance is not a guide for future performance. Certain
transactions - futures, options and other derivatives as well as non-investment grade securities - involve substantial risks and are not suitable for all
investors. Reports based on technical analysis centers on studying charts of a stock's price movement and trading volume, as opposed to focusing on a
company's fundamentals and as such, may not match with a report on a company's fundamentals.


We do not undertake to advise you as to any change of our views expressed in this document. While we would endeavor to update the information
herein on a reasonable basis, Angel Broking, its subsidiaries and associated companies, their directors and employees are under no obligation to
update or keep the information current. Also there may be regulatory, compliance, or other reasons that may prevent Angel Broking and affiliates from
doing so. Prospective investors and others are cautioned that any forward-looking statements are not predictions and may be subject to change without
notice.


Angel Broking Limited and affiliates, including the analyst who has issued this report, may, on the date of this report, and from time to time, have long or
short positions in, and buy or sell the securities of the companies mentioned herein or engage in any other transaction involving such securities and earn
brokerage or compensation or act as advisor or have other potential conflict of interest with respect to company/ies mentioned herein or inconsistent
with any recommendation and related information and opinions.

Angel Broking Limited and affiliates may seek to provide or have engaged in providing corporate finance, investment banking or other advisory services
in a merger or specific transaction to the companies referred to in this report, as on the date of this report or in the past.

Sebi Registration No : INB 010996539




             For Private Circulation Only.

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Tech report 14.06.2010

  • 1. Date : 14/06/2010 Market Summary Indices Top 5 Gainers Top 5 Losers Sectoral Watch Nifty Sensex Stocks % Gain Stocks % Loss Sector %G/L Open 5079 16994 BHEL 3.04 UNITECH 3.68 OIL&GAS 1.67 High 5139 17132 RELIANCE 2.93 BHARTIARTL 3.58 BANKEX 1.04 Low 5079 16994 SIEMENS 2.63 BPCL 2.00 CG 1.01 Close 5119 17065 KOTAKBANK 2.27 IDFC 1.75 AUTO 0.98 % Chg 0.80 0.84 ICICIBANK 2.12 ACC 1.69 POWER 0.87 Source : Falcon NIFTY DLY CHART We maintain our view that as long as the indices hold the higher bottom of 16550 / 4960 levels ,we are of the opinion that the indices would trade with positive bias for the coming week. The immediate resistance for the indices is at 17150 / 5150 levels. Once that is crossed, on closing basis, we could see a breakout of an “Inverse Head and Shoulder” pattern on the Daily chart that would lead the indices to test 17500 – 17670 / 5250 – 5300 levels. On the flip side if the indices break 16544 / 4960 levels on the downside then selling may intensify and we could test 16373 - 16070 / 4900 – 4800 levels. Traders holding their long position should maintain a stop loss of 16544 / 4960. Stocks +ve Bias Stocks -ve Bias RELIANCE IND LTD SIEMENS LTD 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. PIVOTS Stocks Close S2 S1 Pivot R1 R2 SENSEX 17065.00 16926.00 16995.00 17064.00 17133.00 17201.00 NIFTY 5119.00 5052.00 5086.00 5112.00 5146.00 5173.00 ABB 859.00 852.00 855.00 859.00 862.00 865.00 ACC 862.00 835.00 848.00 866.00 879.00 896.00 AMBUJACEM 115.00 111.00 113.00 116.00 117.00 120.00 AXISBANK 1246.00 1226.00 1236.00 1248.00 1258.00 1270.00 BHARTIARTL 274.00 259.00 266.00 279.00 286.00 299.00 BHEL 2393.00 2305.00 2349.00 2374.00 2418.00 2442.00 BPCL 541.00 528.00 534.00 545.00 552.00 562.00 CAIRN 301.00 296.00 299.00 301.00 303.00 305.00 CIPLA 338.00 330.00 334.00 338.00 342.00 346.00 DLF 262.00 256.00 259.00 264.00 268.00 273.00 GAIL 460.00 454.00 457.00 460.00 463.00 466.00 HCLTECH 370.00 364.00 367.00 370.00 373.00 377.00 HDFC 2809.00 2728.00 2768.00 2796.00 2836.00 2864.00 HDFCBANK 1946.00 1910.00 1928.00 1939.00 1957.00 1968.00 HEROHONDA 2013.00 1987.00 2000.00 2017.00 2030.00 2048.00 HINDALCO 140.00 135.00 137.00 139.00 142.00 144.00 HINDUNILVR 253.00 250.00 252.00 253.00 254.00 256.00 ICICIBANK 846.00 824.00 835.00 843.00 853.00 861.00 IDEA 54.00 53.00 54.00 55.00 56.00 57.00 IDFC 163.00 158.00 161.00 165.00 167.00 171.00 INFOSYSTCH 2631.00 2578.00 2604.00 2648.00 2674.00 2717.00 ITC 282.00 275.00 278.00 284.00 287.00 292.00 JINDALSTEL 642.00 624.00 633.00 641.00 650.00 659.00 JPASSOCIAT 123.00 121.00 122.00 123.00 125.00 126.00 KOTAKBANK 759.00 735.00 747.00 757.00 769.00 778.00 LT 1677.00 1664.00 1670.00 1678.00 1684.00 1692.00 M&M 607.00 591.00 599.00 608.00 615.00 624.00 MARUTI 1357.00 1330.00 1343.00 1354.00 1367.00 1378.00 NTPC 200.00 198.00 199.00 200.00 202.00 203.00 ONGC 1180.00 1155.00 1168.00 1186.00 1198.00 1216.00 PNB 1035.00 1016.00 1026.00 1033.00 1042.00 1049.00 POWERGRID 101.00 100.00 101.00 102.00 103.00 104.00 RANBAXY 432.00 420.00 426.00 431.00 437.00 442.00 RCOM 173.00 168.00 170.00 174.00 176.00 180.00 RELCAPITAL 682.00 663.00 672.00 684.00 693.00 705.00 RELIANCE 1046.00 1010.00 1028.00 1039.00 1058.00 1069.00 RELINFRA 1113.00 1085.00 1099.00 1120.00 1134.00 1156.00 RPOWER 159.00 151.00 155.00 160.00 165.00 170.00 SAIL 198.00 191.00 195.00 199.00 203.00 207.00 SBIN 2340.00 2128.00 2234.00 2432.00 2538.00 2736.00 SIEMENS 718.00 693.00 705.00 713.00 725.00 732.00 STER 635.00 617.00 626.00 640.00 649.00 663.00 SUNPHARMA 1682.00 1633.00 1658.00 1691.00 1716.00 1749.00 SUZLON 54.00 53.00 53.00 54.00 55.00 56.00 TATAMOTORS 765.00 750.00 757.00 765.00 773.00 780.00 TATAPOWER 1240.00 1211.00 1226.00 1242.00 1256.00 1272.00 TATASTEEL 474.00 466.00 470.00 474.00 478.00 482.00 TCS 759.00 746.00 752.00 758.00 765.00 770.00 UNITECH 68.00 65.00 67.00 69.00 71.00 73.00 WIPRO 647.00 640.00 644.00 649.00 653.00 658.00 For Private Circulation Only.
  • 3. 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 DISCLAIMER: This document is not for public distribution and has been furnished to you solely for your information and must not be reproduced or redistributed to any other person. Persons into whose possession this document may come are required to observe these restrictions. Opinion expressed is our current opinion as of the date appearing on this material only. While we endeavor to update on a reasonable basis the information discussed in this material, there may be regulatory, compliance, or other reasons that prevent us from doing so. Prospective investors and others are cautioned that any forward-looking statements are not predictions and may be subject to change without notice. Our proprietary trading and investment businesses may make investment decisions that are inconsistent with the recommendations expressed herein. The information in this document has been printed on the basis of publicly available information, internal data and other reliable sources believed to be true and are for general guidance only. While every effort is made to ensure the accuracy and completeness of information contained, the company takes no guarantee and assumes no liability for any errors or omissions of the information. No one can use the information as the basis for any claim, demand or cause of action. Recipients of this material should rely on their own investigations and take their own professional advice. Each recipient of this document should make such investigations as it deems necessary to arrive at an independent evaluation of an investment in the securities of companies referred to in this document (including the merits and risks involved), and should consult their own advisors to determine the merits and risks of such an investment. Price and value of the investments referred to in this material may go up or down. Past performance is not a guide for future performance. Certain transactions - futures, options and other derivatives as well as non-investment grade securities - involve substantial risks and are not suitable for all investors. Reports based on technical analysis centers on studying charts of a stock's price movement and trading volume, as opposed to focusing on a company's fundamentals and as such, may not match with a report on a company's fundamentals. We do not undertake to advise you as to any change of our views expressed in this document. While we would endeavor to update the information herein on a reasonable basis, Angel Broking, its subsidiaries and associated companies, their directors and employees are under no obligation to update or keep the information current. Also there may be regulatory, compliance, or other reasons that may prevent Angel Broking and affiliates from doing so. Prospective investors and others are cautioned that any forward-looking statements are not predictions and may be subject to change without notice. Angel Broking Limited and affiliates, including the analyst who has issued this report, may, on the date of this report, and from time to time, have long or short positions in, and buy or sell the securities of the companies mentioned herein or engage in any other transaction involving such securities and earn brokerage or compensation or act as advisor or have other potential conflict of interest with respect to company/ies mentioned herein or inconsistent with any recommendation and related information and opinions. Angel Broking Limited and affiliates may seek to provide or have engaged in providing corporate finance, investment banking or other advisory services in a merger or specific transaction to the companies referred to in this report, as on the date of this report or in the past. Sebi Registration No : INB 010996539 For Private Circulation Only.