1. Date : 21/05/2010
Market Summary
Indices Top 5 Gainers Top 5 Losers Sectoral Watch
Nifty Sensex Stocks % Gain Stocks % Loss Sector %G/L
Open 4924 16419 ONGC 8.96 JPASSOCIAT 3.61 PSU 1.87
High 4980 16618 BPCL 2.79 IDFC 2.72 OIL&GAS 1.79
Low 4924 16419 SBIN 2.75 DLF 2.63 HC 1.14
Close 4948 16520 CIPLA 2.50 HCLTECH 2.02 REALTY (2.04)
% Chg (2.89) (2.77) STER 2.37 UNITECH 1.33 AUTO (0.53)
Source : Falcon NIFTY DLY CHART
As expected and mentioned in our previous daily report market witnessed a bounce from the oversold zone and
has closed in positive territory. On the daily chart we are witnessing a narrow range body which clearly indicates
a breather as the under tone still remains bearish. We maintain our stance that any bounce in the range of 16540
– 16580 / 4972 – 4990 levels is an opportunity to go short for a target of 16200-16150 / 4850 – 4800 levels. Stop
loss for the trade can be around the 5020 levels.
.
Stocks +ve Bias Stocks -ve Bias
VOLTAS SUZLON
FINANCIAL TECHNOLOGY
IBREALEST
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 16520.00 16320.00 16420.00 16519.00 16619.00 16718.00
NIFTY 4948.00 4895.00 4921.00 4951.00 4977.00 5007.00
ABB 828.00 817.00 822.00 828.00 834.00 840.00
ACC 844.00 813.00 829.00 842.00 858.00 871.00
AMBUJACEM 105.00 102.00 103.00 105.00 106.00 107.00
AXISBANK 1208.00 1160.00 1184.00 1206.00 1230.00 1252.00
BHARTIARTL 260.00 255.00 258.00 262.00 264.00 268.00
BHEL 2299.00 2260.00 2280.00 2295.00 2314.00 2329.00
BPCL 558.00 537.00 547.00 555.00 565.00 573.00
CAIRN 279.00 270.00 274.00 279.00 283.00 288.00
CIPLA 318.00 305.00 312.00 316.00 322.00 327.00
DLF 271.00 261.00 266.00 274.00 279.00 288.00
GAIL 442.00 427.00 434.00 444.00 451.00 461.00
HCLTECH 361.00 344.00 353.00 366.00 374.00 388.00
HDFC 2711.00 2615.00 2663.00 2694.00 2742.00 2773.00
HDFCBANK 1851.00 1814.00 1833.00 1855.00 1873.00 1895.00
HEROHONDA 1863.00 1829.00 1846.00 1865.00 1882.00 1901.00
HINDALCO 157.00 152.00 154.00 157.00 159.00 162.00
HINDUNILVR 237.00 230.00 234.00 236.00 239.00 242.00
ICICIBANK 832.00 800.00 816.00 831.00 847.00 863.00
IDEA 53.00 46.00 50.00 56.00 60.00 66.00
IDFC 154.00 149.00 152.00 156.00 158.00 162.00
INFOSYSTCH 2601.00 2559.00 2580.00 2607.00 2628.00 2655.00
ITC 262.00 253.00 258.00 262.00 266.00 270.00
JINDALSTEL 628.00 605.00 617.00 625.00 636.00 644.00
JPASSOCIAT 116.00 110.00 113.00 118.00 121.00 126.00
KOTAKBANK 750.00 731.00 740.00 751.00 761.00 772.00
LT 1642.00 1593.00 1618.00 1641.00 1666.00 1689.00
M&M 522.00 503.00 512.00 527.00 536.00 551.00
MARUTI 1208.00 1175.00 1192.00 1215.00 1232.00 1256.00
NTPC 205.00 197.00 201.00 203.00 207.00 210.00
ONGC 1119.00 1031.00 1075.00 1108.00 1152.00 1186.00
PNB 1003.00 981.00 992.00 1004.00 1015.00 1028.00
POWERGRID 104.00 100.00 102.00 103.00 105.00 107.00
RANBAXY 425.00 406.00 415.00 425.00 434.00 444.00
RCOM 136.00 131.00 133.00 138.00 140.00 144.00
RELCAPITAL 630.00 614.00 622.00 633.00 641.00 652.00
RELIANCE 1000.00 983.00 991.00 1002.00 1011.00 1021.00
RELINFRA 983.00 941.00 962.00 981.00 1002.00 1021.00
RPOWER 139.00 135.00 137.00 140.00 141.00 144.00
SAIL 201.00 194.00 197.00 202.00 205.00 209.00
SBIN 2268.00 2196.00 2232.00 2257.00 2293.00 2318.00
SIEMENS 674.00 664.00 669.00 675.00 680.00 687.00
STER 652.00 611.00 632.00 645.00 665.00 679.00
SUNPHARMA 1564.00 1521.00 1543.00 1561.00 1582.00 1601.00
SUZLON 59.00 57.00 58.00 60.00 61.00 62.00
TATAMOTORS 712.00 676.00 694.00 713.00 731.00 750.00
TATAPOWER 1289.00 1253.00 1271.00 1300.00 1318.00 1347.00
TATASTEEL 508.00 493.00 501.00 511.00 519.00 529.00
TCS 730.00 710.00 720.00 726.00 736.00 742.00
UNITECH 70.00 68.00 69.00 71.00 72.00 74.00
WIPRO 654.00 635.00 644.00 654.00 663.00 672.00
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
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