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Technical Report

                                                                                            Date : 12/08/2010

                                                 Market Summary
                   Indices                 Top 5 Gainers           Top 5 Losers                Sectoral Watch
                  Nifty      Sensex       Stocks     % Gain    Stocks         % Loss        Sector           %G/L
Open                5461       18177      TATAMOTOR 5.11       TATASTEEL        3.23        REALTY            (1.81)
High                5475       18264      JINDALSTEEL 2.93     IDFC             3.09        BANKEX            (0.95)
Low                 5412       18043      BPCL        2.33     UNITECH          3.03        HC                (0.93)
Close               5421       18070      RELCAPITAL 2.31      WIPRO            2.45        IT                (0.82)
% Chg                 (0.73)     (0.82)   AMBUJACEM 1.92       HDFC             2.41        TECK              (0.76)




Source : Falcon                                                                                       SENSEX DLY CHART
Market opened lower, traded with negative bias for second consecutive trading session to close in red. On the
daily chart, we are witnessing that prices have taken support on the upward sloping trendline and are above the
20 day moving average. Hence a bounce from current levels cannot be ruled out. In the coming trading session if
indices trade convincingly above 18180 / 5450 levels then the upside momentum would resume and indices could
test 18220 – 18300 / 5470 – 5500 levels. On the flip side if indices breach 18042 / 5412 levels then we could see
a trendline breakdown and indices could test the prior swing low of 17838 / 5350 levels.




                      Stocks +ve Bias                                               Stocks -ve Bias
                                                                                      TATA STEEL




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                      18070.00    17905.00       17987.00     18126.00       18208.00    18347.00
NIFTY                        5421.00     5373.00        5397.00       5436.00       5459.00     5498.00
ABB                           776.00       766.00         771.00       779.00         785.00      793.00
ACC                           842.00       836.00         839.00       844.00         847.00      851.00
AMBUJACEM                     121.00       117.00         119.00       120.00         122.00      124.00
AXISBANK                     1289.00     1264.00        1277.00       1289.00       1302.00     1314.00
BHARTIARTL                    321.00       304.00         312.00       324.00         332.00      344.00
BHEL                         2499.00     2461.00        2480.00       2501.00       2520.00     2541.00
BPCL                          660.00       638.00         649.00       659.00         670.00      680.00
CAIRN                         332.00       327.00         329.00       333.00         336.00      340.00
CIPLA                         313.00       308.00         310.00       315.00         318.00      323.00
DLF                           316.00       310.00         313.00       318.00         321.00      326.00
GAIL                          448.00       441.00         445.00       449.00         452.00      456.00
HCLTECH                       407.00       398.00         402.00       408.00         412.00      418.00
HDFC                         2999.00     2931.00        2965.00       3025.00       3059.00     3119.00
HDFCBANK                     2090.00     2058.00        2074.00       2094.00       2109.00     2129.00
HEROHONDA                    1866.00     1840.00        1853.00       1866.00       1879.00     1892.00
HINDALCO                      165.00       159.00         162.00       166.00         169.00      173.00
HINDUNILVR                    261.00       257.00         259.00       262.00         264.00      267.00
ICICIBANK                     972.00       942.00         957.00       978.00         993.00    1014.00
IDEA                            71.00       69.00          70.00         71.00         72.00       73.00
IDFC                          178.00       171.00         175.00       180.00         184.00      189.00
INFOSYSTCH                   2811.00     2765.00        2788.00       2823.00       2846.00     2881.00
ITC                           155.00       153.00         154.00       155.00         157.00      158.00
JINDALSTEL                    654.00       615.00         635.00       648.00         668.00      681.00
JPASSOCIAT                    121.00       118.00         120.00       121.00         123.00      124.00
KOTAKBANK                     809.00       790.00         800.00       808.00         818.00      826.00
LT                           1814.00     1785.00        1799.00       1819.00       1833.00     1853.00
M&M                           627.00       605.00         616.00       631.00         642.00      658.00
MARUTI                       1215.00     1197.00        1206.00       1220.00       1230.00     1244.00
NTPC                          196.00       195.00         195.00       196.00         197.00      198.00
ONGC                         1237.00     1217.00        1227.00       1238.00       1248.00     1259.00
PNB                          1102.00     1085.00        1094.00       1101.00       1110.00     1117.00
POWERGRID                     100.00        99.00         100.00       101.00         101.00      102.00
RANBAXY                       447.00       439.00         443.00       448.00         452.00      456.00
RCOM                          173.00       169.00         171.00       174.00         176.00      180.00
RELCAPITAL                    774.00       738.00         756.00       775.00         794.00      813.00
RELIANCE                      983.00       971.00         977.00       986.00         992.00    1001.00
RELINFRA                     1095.00     1067.00        1081.00       1101.00       1114.00     1134.00
RPOWER                        156.00       153.00         155.00       157.00         158.00      160.00
SAIL                          195.00       192.00         194.00       196.00         198.00      200.00
SBIN                         2600.00     2556.00        2578.00       2612.00       2634.00     2669.00
SIEMENS                       690.00       678.00         684.00       692.00         699.00      707.00
STER                          172.00       168.00         170.00       173.00         176.00      179.00
SUNPHARMA                    1748.00     1718.00        1733.00       1749.00       1764.00     1780.00
SUZLON                          57.00       56.00          57.00         58.00         58.00       60.00
TATAMOTORS                   1007.00       935.00         971.00       998.00       1034.00     1061.00
TATAPOWER                    1334.00     1308.00        1321.00       1338.00       1351.00     1368.00
TATASTEEL                     520.00       500.00         510.00       529.00         539.00      558.00
TCS                           858.00       844.00         851.00       862.00         869.00      880.00
UNITECH                         86.00       83.00          84.00         88.00         89.00       92.00
WIPRO                         419.00       407.00         413.00       423.00         429.00      439.00


     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
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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Technical Report - August 12, 2010

  • 1. Technical Report Date : 12/08/2010 Market Summary Indices Top 5 Gainers Top 5 Losers Sectoral Watch Nifty Sensex Stocks % Gain Stocks % Loss Sector %G/L Open 5461 18177 TATAMOTOR 5.11 TATASTEEL 3.23 REALTY (1.81) High 5475 18264 JINDALSTEEL 2.93 IDFC 3.09 BANKEX (0.95) Low 5412 18043 BPCL 2.33 UNITECH 3.03 HC (0.93) Close 5421 18070 RELCAPITAL 2.31 WIPRO 2.45 IT (0.82) % Chg (0.73) (0.82) AMBUJACEM 1.92 HDFC 2.41 TECK (0.76) Source : Falcon SENSEX DLY CHART Market opened lower, traded with negative bias for second consecutive trading session to close in red. On the daily chart, we are witnessing that prices have taken support on the upward sloping trendline and are above the 20 day moving average. Hence a bounce from current levels cannot be ruled out. In the coming trading session if indices trade convincingly above 18180 / 5450 levels then the upside momentum would resume and indices could test 18220 – 18300 / 5470 – 5500 levels. On the flip side if indices breach 18042 / 5412 levels then we could see a trendline breakdown and indices could test the prior swing low of 17838 / 5350 levels. Stocks +ve Bias Stocks -ve Bias TATA STEEL 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 18070.00 17905.00 17987.00 18126.00 18208.00 18347.00 NIFTY 5421.00 5373.00 5397.00 5436.00 5459.00 5498.00 ABB 776.00 766.00 771.00 779.00 785.00 793.00 ACC 842.00 836.00 839.00 844.00 847.00 851.00 AMBUJACEM 121.00 117.00 119.00 120.00 122.00 124.00 AXISBANK 1289.00 1264.00 1277.00 1289.00 1302.00 1314.00 BHARTIARTL 321.00 304.00 312.00 324.00 332.00 344.00 BHEL 2499.00 2461.00 2480.00 2501.00 2520.00 2541.00 BPCL 660.00 638.00 649.00 659.00 670.00 680.00 CAIRN 332.00 327.00 329.00 333.00 336.00 340.00 CIPLA 313.00 308.00 310.00 315.00 318.00 323.00 DLF 316.00 310.00 313.00 318.00 321.00 326.00 GAIL 448.00 441.00 445.00 449.00 452.00 456.00 HCLTECH 407.00 398.00 402.00 408.00 412.00 418.00 HDFC 2999.00 2931.00 2965.00 3025.00 3059.00 3119.00 HDFCBANK 2090.00 2058.00 2074.00 2094.00 2109.00 2129.00 HEROHONDA 1866.00 1840.00 1853.00 1866.00 1879.00 1892.00 HINDALCO 165.00 159.00 162.00 166.00 169.00 173.00 HINDUNILVR 261.00 257.00 259.00 262.00 264.00 267.00 ICICIBANK 972.00 942.00 957.00 978.00 993.00 1014.00 IDEA 71.00 69.00 70.00 71.00 72.00 73.00 IDFC 178.00 171.00 175.00 180.00 184.00 189.00 INFOSYSTCH 2811.00 2765.00 2788.00 2823.00 2846.00 2881.00 ITC 155.00 153.00 154.00 155.00 157.00 158.00 JINDALSTEL 654.00 615.00 635.00 648.00 668.00 681.00 JPASSOCIAT 121.00 118.00 120.00 121.00 123.00 124.00 KOTAKBANK 809.00 790.00 800.00 808.00 818.00 826.00 LT 1814.00 1785.00 1799.00 1819.00 1833.00 1853.00 M&M 627.00 605.00 616.00 631.00 642.00 658.00 MARUTI 1215.00 1197.00 1206.00 1220.00 1230.00 1244.00 NTPC 196.00 195.00 195.00 196.00 197.00 198.00 ONGC 1237.00 1217.00 1227.00 1238.00 1248.00 1259.00 PNB 1102.00 1085.00 1094.00 1101.00 1110.00 1117.00 POWERGRID 100.00 99.00 100.00 101.00 101.00 102.00 RANBAXY 447.00 439.00 443.00 448.00 452.00 456.00 RCOM 173.00 169.00 171.00 174.00 176.00 180.00 RELCAPITAL 774.00 738.00 756.00 775.00 794.00 813.00 RELIANCE 983.00 971.00 977.00 986.00 992.00 1001.00 RELINFRA 1095.00 1067.00 1081.00 1101.00 1114.00 1134.00 RPOWER 156.00 153.00 155.00 157.00 158.00 160.00 SAIL 195.00 192.00 194.00 196.00 198.00 200.00 SBIN 2600.00 2556.00 2578.00 2612.00 2634.00 2669.00 SIEMENS 690.00 678.00 684.00 692.00 699.00 707.00 STER 172.00 168.00 170.00 173.00 176.00 179.00 SUNPHARMA 1748.00 1718.00 1733.00 1749.00 1764.00 1780.00 SUZLON 57.00 56.00 57.00 58.00 58.00 60.00 TATAMOTORS 1007.00 935.00 971.00 998.00 1034.00 1061.00 TATAPOWER 1334.00 1308.00 1321.00 1338.00 1351.00 1368.00 TATASTEEL 520.00 500.00 510.00 529.00 539.00 558.00 TCS 858.00 844.00 851.00 862.00 869.00 880.00 UNITECH 86.00 83.00 84.00 88.00 89.00 92.00 WIPRO 419.00 407.00 413.00 423.00 429.00 439.00 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.