1. Date : 26/04/2010
Market Summary
Indices Top 5 Gainers Top 5 Losers Sectoral Watch
Nifty Sensex Stocks % Gain Stocks % Loss Sector %G/L
Open 5270 17534 JPASSOCIATE 4.26 ABB 3.44 BANKEX 1.66
High 5311 17726 ICICIBANK 3.70 WIPRO 1.88 CG 1.23
Low 5270 17534 LT 3.10 ACC 1.70 OIL&GAS 0.66
Close 5304 17694 M&M 2.86 BHARTIARTL 1.68 REALTY 0.57
% Chg 0.66 0.68 DLF 2.81 HEROHONDA 1.60 METAL (0.77)
Source : Falcon SENSEX DLY CHART
Looking at Daily chart, we are of the opinion that indices are taking support at the lower trend-line of the channel
drawn joining two significant lows, viz. 15725 - 17277 / 4692 - 5160. Technical studies on the daily chart
indicates that if 17778 / 5332 is crossed we may witness further continuation of the momentum up to 18000 -
18050 / 5380 - 5400 levels where some profit booking may be witnessed. On the downside, 17490 - 17380 / 5220
- 5200 (lower range of the upward slopping trend-line) levels are crucial supports for the market. Any breakdown
below these levels would mean a loss of momentum. Markets may require a strong positive trigger to cross the
5400 level.
Stocks +ve Bias Stocks -ve Bias
JP ASSOCIATE
For Private Circulation Only.

2. PIVOTS
Stocks Close S2 S1 Pivot R1 R2
SENSEX 17694.00 17459.00 17577.00 17651.00 17769.00 17843.00
NIFTY 5304.00 5254.00 5279.00 5295.00 5320.00 5336.00
ABB 824.00 799.00 812.00 833.00 846.00 867.00
ACC 904.00 876.00 890.00 905.00 919.00 934.00
AMBUJACEM 120.00 116.00 118.00 120.00 122.00 124.00
AXISBANK 1236.00 1214.00 1225.00 1233.00 1243.00 1251.00
BHARTIARTL 298.00 292.00 295.00 300.00 303.00 308.00
BHEL 2481.00 2426.00 2453.00 2474.00 2501.00 2522.00
BPCL 499.00 490.00 494.00 500.00 504.00 510.00
CAIRN 298.00 293.00 295.00 299.00 301.00 304.00
CIPLA 332.00 327.00 329.00 332.00 334.00 336.00
DLF 332.00 321.00 326.00 331.00 337.00 342.00
GAIL 422.00 416.00 419.00 423.00 426.00 430.00
HCLTECH 388.00 368.00 378.00 384.00 394.00 400.00
HDFC 2727.00 2685.00 2706.00 2728.00 2749.00 2771.00
HDFCBANK 1952.00 1917.00 1935.00 1946.00 1963.00 1974.00
HEROHONDA 1880.00 1841.00 1861.00 1891.00 1910.00 1941.00
HINDALCO 178.00 176.00 177.00 179.00 180.00 182.00
HINDUNILVR 239.00 232.00 236.00 238.00 242.00 245.00
ICICIBANK 978.00 933.00 955.00 968.00 990.00 1002.00
IDEA 66.00 64.00 65.00 66.00 66.00 67.00
IDFC 171.00 167.00 169.00 171.00 172.00 174.00
INFOSYSTCH 2727.00 2696.00 2711.00 2733.00 2748.00 2769.00
ITC 267.00 260.00 263.00 266.00 269.00 272.00
JINDALSTEL 719.00 704.00 711.00 717.00 725.00 731.00
JPASSOCIAT 157.00 148.00 153.00 156.00 161.00 164.00
KOTAKBANK 746.00 730.00 738.00 744.00 752.00 759.00
LT 1618.00 1558.00 1588.00 1605.00 1635.00 1652.00
M&M 521.00 497.00 509.00 516.00 528.00 535.00
MARUTI 1361.00 1335.00 1348.00 1368.00 1382.00 1402.00
NTPC 205.00 202.00 203.00 206.00 207.00 209.00
ONGC 1018.00 1000.00 1009.00 1017.00 1026.00 1034.00
PNB 1032.00 1006.00 1019.00 1038.00 1051.00 1069.00
POWERGRID 110.00 108.00 109.00 109.00 110.00 111.00
RANBAXY 455.00 448.00 451.00 457.00 461.00 466.00
RCOM 168.00 164.00 166.00 168.00 170.00 173.00
RELCAPITAL 736.00 723.00 730.00 739.00 745.00 754.00
RELIANCE 1088.00 1072.00 1080.00 1088.00 1096.00 1104.00
RELINFRA 1123.00 1101.00 1112.00 1124.00 1136.00 1148.00
RPOWER 161.00 156.00 158.00 160.00 163.00 164.00
SAIL 225.00 219.00 222.00 225.00 229.00 232.00
SBIN 2261.00 2172.00 2216.00 2255.00 2299.00 2338.00
SIEMENS 717.00 707.00 712.00 720.00 724.00 732.00
STER 795.00 772.00 784.00 797.00 808.00 821.00
SUNPHARMA 1684.00 1652.00 1668.00 1693.00 1709.00 1734.00
SUZLON 71.00 69.00 70.00 71.00 72.00 73.00
TATAMOTORS 844.00 819.00 832.00 840.00 853.00 861.00
TATAPOWER 1362.00 1305.00 1334.00 1352.00 1380.00 1398.00
TATASTEEL 648.00 632.00 640.00 651.00 660.00 671.00
TCS 780.00 769.00 774.00 783.00 789.00 798.00
UNITECH 85.00 83.00 84.00 85.00 86.00 87.00
WIPRO 692.00 664.00 678.00 704.00 718.00 743.00
For Private Circulation Only.

3. RESEARCH TEAM
Shardul Kulkarni Head - Technicals
Ajit Joshi AVP - TAS
Brijesh Ail Manager - TAS
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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