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Technical Report

                                                                                            Date : 11/08/2010

                                                 Market Summary
                   Indices                 Top 5 Gainers           Top 5 Losers                Sectoral Watch
                  Nifty      Sensex       Stocks     % Gain    Stocks         % Loss        Sector           %G/L
Open                5487       18272      TATAMOTOR 4.43       ABB              2.17        IT                (1.42)
High                5491       18293      JPASSOCIATE 3.29     WIPRO            2.16        TECK              (1.34)
Low                 5445       18171      SUZLON      3.17     STER             1.87        HC                (0.79)
Close               5461       18220      HINDUNILVR 1.70      TCS              1.69        CD                (0.78)
% Chg                 (0.46)     (0.37)   GAIL        1.29     NTPC             1.58        PSU               (0.75)




Source : Falcon                                                                                       SENSEX DLY CHART
Market opened lower, traded with negative bias throughout the day to close marginal in red. On the daily charts,
we are observing a narrow range body which reflects cautious approach near the new 52 weeks high of 18309 /
5493. At present there is no weakness on the daily chart but just a consolidation of the previous day gains. In the
coming trading session if indices trade convincingly above18293 / 5491 levels then it is likely to test 18360 to
18600 / 5550 to 5600 levels. On the downside, 18130 – 18040 / 5430 - 5400 levels may act as support for the
day.




                      Stocks +ve Bias                                               Stocks -ve Bias




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.
Technical Report

                                                    PIVOTS
      Stocks              Close         S2             S1          Pivot           R1          R2
SENSEX                      18220.00    18105.00       18163.00     18228.00       18285.00    18351.00
NIFTY                        5461.00     5420.00        5440.00       5466.00       5486.00     5512.00
ABB                           784.00       769.00         777.00       790.00         798.00      811.00
ACC                           847.00       833.00         840.00       848.00         855.00      862.00
AMBUJACEM                     120.00       117.00         118.00       120.00         121.00      122.00
AXISBANK                     1295.00     1273.00        1284.00       1299.00       1310.00     1326.00
BHARTIARTL                    326.00       320.00         323.00       326.00         329.00      332.00
BHEL                         2500.00     2459.00        2479.00       2511.00       2531.00     2563.00
BPCL                          647.00       638.00         642.00       648.00         653.00      658.00
CAIRN                         336.00       331.00         334.00       338.00         341.00      345.00
CIPLA                         319.00       315.00         317.00       319.00         321.00      323.00
DLF                           320.00       313.00         317.00       321.00         325.00      329.00
GAIL                          443.00       431.00         437.00       441.00         448.00      452.00
HCLTECH                       413.00       407.00         410.00       413.00         416.00      420.00
HDFC                         3073.00     3025.00        3049.00       3089.00       3113.00     3153.00
HDFCBANK                     2095.00     2057.00        2076.00       2089.00       2108.00     2121.00
HEROHONDA                    1867.00     1835.00        1851.00       1866.00       1882.00     1898.00
HINDALCO                      164.00       158.00         161.00       165.00         168.00      172.00
HINDUNILVR                    260.00       252.00         256.00       258.00         263.00      265.00
ICICIBANK                     989.00       955.00         972.00       984.00       1000.00     1012.00
IDEA                            71.00       69.00          70.00         71.00         72.00       73.00
IDFC                          183.00       180.00         181.00       183.00         185.00      186.00
INFOSYSTCH                   2829.00     2783.00        2806.00       2838.00       2861.00     2893.00
ITC                           157.00       154.00         156.00       158.00         159.00      161.00
JINDALSTEL                    633.00       622.00         628.00       636.00         642.00      650.00
JPASSOCIAT                    122.00       116.00         119.00       122.00         125.00      127.00
KOTAKBANK                     810.00       784.00         797.00       818.00         831.00      852.00
LT                           1827.00     1788.00        1808.00       1821.00       1841.00     1854.00
M&M                           641.00       624.00         633.00       645.00         653.00      665.00
MARUTI                       1227.00     1213.00        1220.00       1229.00       1236.00     1245.00
NTPC                          196.00       193.00         195.00       197.00         199.00      202.00
ONGC                         1235.00     1214.00        1225.00       1233.00       1244.00     1252.00
PNB                          1103.00     1063.00        1083.00       1101.00       1121.00     1138.00
POWERGRID                     102.00       100.00         101.00       102.00         103.00      104.00
RANBAXY                       446.00       436.00         441.00       445.00         450.00      453.00
RCOM                          175.00       170.00         173.00       176.00         178.00      181.00
RELCAPITAL                    758.00       743.00         751.00       760.00         768.00      777.00
RELIANCE                      988.00       976.00         982.00       992.00         998.00    1008.00
RELINFRA                     1113.00     1099.00        1106.00       1114.00       1121.00     1129.00
RPOWER                        158.00       155.00         157.00       158.00         160.00      161.00
SAIL                          197.00       192.00         195.00       198.00         200.00      203.00
SBIN                         2630.00     2592.00        2611.00       2643.00       2662.00     2694.00
SIEMENS                       698.00       685.00         692.00       699.00         705.00      713.00
STER                          176.00       170.00         173.00       177.00         180.00      185.00
SUNPHARMA                    1755.00     1735.00        1745.00       1760.00       1770.00     1785.00
SUZLON                          58.00       56.00          57.00         58.00         59.00       60.00
TATAMOTORS                    957.00       857.00         907.00       937.00         987.00    1017.00
TATAPOWER                    1330.00     1314.00        1322.00       1328.00       1337.00     1343.00
TATASTEEL                     536.00       521.00         529.00       541.00         549.00      561.00
TCS                           865.00       847.00         856.00       870.00         879.00      894.00
UNITECH                         89.00       86.00          87.00         89.00         91.00       93.00
WIPRO                         428.00       420.00         424.00       430.00         434.00      440.00


     For Private Circulation Only.
Technical Report

                                                                  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
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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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Market Summary and Technical Outlook

  • 1. Technical Report Date : 11/08/2010 Market Summary Indices Top 5 Gainers Top 5 Losers Sectoral Watch Nifty Sensex Stocks % Gain Stocks % Loss Sector %G/L Open 5487 18272 TATAMOTOR 4.43 ABB 2.17 IT (1.42) High 5491 18293 JPASSOCIATE 3.29 WIPRO 2.16 TECK (1.34) Low 5445 18171 SUZLON 3.17 STER 1.87 HC (0.79) Close 5461 18220 HINDUNILVR 1.70 TCS 1.69 CD (0.78) % Chg (0.46) (0.37) GAIL 1.29 NTPC 1.58 PSU (0.75) Source : Falcon SENSEX DLY CHART Market opened lower, traded with negative bias throughout the day to close marginal in red. On the daily charts, we are observing a narrow range body which reflects cautious approach near the new 52 weeks high of 18309 / 5493. At present there is no weakness on the daily chart but just a consolidation of the previous day gains. In the coming trading session if indices trade convincingly above18293 / 5491 levels then it is likely to test 18360 to 18600 / 5550 to 5600 levels. On the downside, 18130 – 18040 / 5430 - 5400 levels may act as support for the day. Stocks +ve Bias Stocks -ve Bias 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. Technical Report PIVOTS Stocks Close S2 S1 Pivot R1 R2 SENSEX 18220.00 18105.00 18163.00 18228.00 18285.00 18351.00 NIFTY 5461.00 5420.00 5440.00 5466.00 5486.00 5512.00 ABB 784.00 769.00 777.00 790.00 798.00 811.00 ACC 847.00 833.00 840.00 848.00 855.00 862.00 AMBUJACEM 120.00 117.00 118.00 120.00 121.00 122.00 AXISBANK 1295.00 1273.00 1284.00 1299.00 1310.00 1326.00 BHARTIARTL 326.00 320.00 323.00 326.00 329.00 332.00 BHEL 2500.00 2459.00 2479.00 2511.00 2531.00 2563.00 BPCL 647.00 638.00 642.00 648.00 653.00 658.00 CAIRN 336.00 331.00 334.00 338.00 341.00 345.00 CIPLA 319.00 315.00 317.00 319.00 321.00 323.00 DLF 320.00 313.00 317.00 321.00 325.00 329.00 GAIL 443.00 431.00 437.00 441.00 448.00 452.00 HCLTECH 413.00 407.00 410.00 413.00 416.00 420.00 HDFC 3073.00 3025.00 3049.00 3089.00 3113.00 3153.00 HDFCBANK 2095.00 2057.00 2076.00 2089.00 2108.00 2121.00 HEROHONDA 1867.00 1835.00 1851.00 1866.00 1882.00 1898.00 HINDALCO 164.00 158.00 161.00 165.00 168.00 172.00 HINDUNILVR 260.00 252.00 256.00 258.00 263.00 265.00 ICICIBANK 989.00 955.00 972.00 984.00 1000.00 1012.00 IDEA 71.00 69.00 70.00 71.00 72.00 73.00 IDFC 183.00 180.00 181.00 183.00 185.00 186.00 INFOSYSTCH 2829.00 2783.00 2806.00 2838.00 2861.00 2893.00 ITC 157.00 154.00 156.00 158.00 159.00 161.00 JINDALSTEL 633.00 622.00 628.00 636.00 642.00 650.00 JPASSOCIAT 122.00 116.00 119.00 122.00 125.00 127.00 KOTAKBANK 810.00 784.00 797.00 818.00 831.00 852.00 LT 1827.00 1788.00 1808.00 1821.00 1841.00 1854.00 M&M 641.00 624.00 633.00 645.00 653.00 665.00 MARUTI 1227.00 1213.00 1220.00 1229.00 1236.00 1245.00 NTPC 196.00 193.00 195.00 197.00 199.00 202.00 ONGC 1235.00 1214.00 1225.00 1233.00 1244.00 1252.00 PNB 1103.00 1063.00 1083.00 1101.00 1121.00 1138.00 POWERGRID 102.00 100.00 101.00 102.00 103.00 104.00 RANBAXY 446.00 436.00 441.00 445.00 450.00 453.00 RCOM 175.00 170.00 173.00 176.00 178.00 181.00 RELCAPITAL 758.00 743.00 751.00 760.00 768.00 777.00 RELIANCE 988.00 976.00 982.00 992.00 998.00 1008.00 RELINFRA 1113.00 1099.00 1106.00 1114.00 1121.00 1129.00 RPOWER 158.00 155.00 157.00 158.00 160.00 161.00 SAIL 197.00 192.00 195.00 198.00 200.00 203.00 SBIN 2630.00 2592.00 2611.00 2643.00 2662.00 2694.00 SIEMENS 698.00 685.00 692.00 699.00 705.00 713.00 STER 176.00 170.00 173.00 177.00 180.00 185.00 SUNPHARMA 1755.00 1735.00 1745.00 1760.00 1770.00 1785.00 SUZLON 58.00 56.00 57.00 58.00 59.00 60.00 TATAMOTORS 957.00 857.00 907.00 937.00 987.00 1017.00 TATAPOWER 1330.00 1314.00 1322.00 1328.00 1337.00 1343.00 TATASTEEL 536.00 521.00 529.00 541.00 549.00 561.00 TCS 865.00 847.00 856.00 870.00 879.00 894.00 UNITECH 89.00 86.00 87.00 89.00 91.00 93.00 WIPRO 428.00 420.00 424.00 430.00 434.00 440.00 For Private Circulation Only.
  • 3. Technical Report 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.