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Technical Report

                                                                                            Date : 06/08/2010

                                                Market Summary
                   Indices                 Top 5 Gainers           Top 5 Losers                Sectoral Watch
                  Nifty      Sensex       Stocks   % Gain      Stocks    % Loss             Sector           %G/L
Open                5470       18235      UNITECH   3.16       IDEA        5.07             OIL&GAS           (0.91)
High                5487       18295      HCLTECH   2.29       AMBUJACEM   2.65             HC                (0.53)
Low                 5443       18156      SBIN      2.27       GAIL        2.44             PSU               (0.49)
Close               5447       18173      TATAMOTOR 2.17       IDFC        2.07             POWER             (0.40)
% Chg                 (0.38)     (0.24)   TCS       1.12       RCOM        2.01             METAL             (0.33)




Source : Falcon                                                                                       SENSEX DLY CHART


Markets registered a new 52 week high of 18296 / 5487 but were unable to sustain the gains which lead the
indices to close in red. On the daily charts for we are witnessing narrow range body formation that clearly
indicates indecisiveness prevailing at current levels. At present there is no weakness on the daily chart. Hence, in
the coming trading session any move above 18300 / 5490 levels would intensify the upside momentum and
indices could test 18370 – 18500 / 5500 to 5550 levels. On the downside, 18000 / 5400 may act support for the
day.




                      Stocks +ve Bias                                               Stocks -ve Bias
                       BGR ENERGY                                                       RCOM
                      INDIA INFOLINE                                                     GAIL



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                      18173.00    18069.00       18121.00     18208.00       18260.00    18347.00
NIFTY                        5447.00     5415.00        5431.00       5459.00       5475.00     5503.00
ABB                           787.00       773.00         780.00       787.00         795.00      802.00
ACC                           815.00       805.00         810.00       817.00         822.00      830.00
AMBUJACEM                     114.00       111.00         112.00       115.00         117.00      120.00
AXISBANK                     1317.00     1292.00        1304.00       1324.00       1336.00     1356.00
BHARTIARTL                    325.00       320.00         322.00       326.00         328.00      331.00
BHEL                         2525.00     2487.00        2506.00       2525.00       2545.00     2564.00
BPCL                          651.00       633.00         642.00       652.00         661.00      671.00
CAIRN                         347.00       340.00         343.00       346.00         349.00      352.00
CIPLA                         321.00       317.00         319.00       322.00         324.00      327.00
DLF                           311.00       303.00         307.00       314.00         318.00      325.00
GAIL                          430.00       421.00         425.00       434.00         439.00      448.00
HCLTECH                       414.00       400.00         407.00       412.00         419.00      424.00
HDFC                         3029.00     2992.00        3011.00       3040.00       3059.00     3088.00
HDFCBANK                     2100.00     2035.00        2068.00       2098.00       2130.00     2160.00
HEROHONDA                    1863.00     1834.00        1848.00       1868.00       1882.00     1901.00
HINDALCO                      165.00       163.00         164.00       166.00         167.00      169.00
HINDUNILVR                    255.00       251.00         253.00       256.00         258.00      261.00
ICICIBANK                     955.00       940.00         948.00       960.00         968.00      981.00
IDEA                            71.00       67.00          69.00         72.00         74.00       77.00
IDFC                          184.00       178.00         181.00       185.00         188.00      192.00
INFOSYSTCH                   2869.00     2834.00        2852.00       2879.00       2897.00     2924.00
ITC                           156.00       153.00         154.00       156.00         157.00      159.00
JINDALSTEL                    618.00       610.00         614.00       619.00         623.00      629.00
JPASSOCIAT                    118.00       116.00         117.00       118.00         119.00      120.00
KOTAKBANK                     825.00       809.00         817.00       828.00         836.00      847.00
LT                           1809.00     1793.00        1801.00       1812.00       1820.00     1831.00
M&M                           645.00       633.00         639.00       649.00         656.00      666.00
MARUTI                       1226.00     1205.00        1215.00       1228.00       1239.00     1252.00
NTPC                          198.00       196.00         197.00       199.00         200.00      202.00
ONGC                         1242.00     1205.00        1224.00       1247.00       1265.00     1288.00
PNB                          1106.00     1072.00        1089.00       1102.00       1119.00     1131.00
POWERGRID                       99.00       97.00          98.00         99.00        100.00      102.00
RANBAXY                       447.00       442.00         445.00       449.00         451.00      455.00
RCOM                          173.00       170.00         172.00       174.00         176.00      179.00
RELCAPITAL                    786.00       776.00         781.00       789.00         794.00      802.00
RELIANCE                     1007.00       993.00       1000.00       1012.00       1019.00     1031.00
RELINFRA                     1117.00     1093.00        1105.00       1125.00       1137.00     1157.00
RPOWER                        158.00       155.00         157.00       159.00         161.00      163.00
SAIL                          198.00       195.00         196.00       199.00         201.00      203.00
SBIN                         2646.00     2560.00        2603.00       2633.00       2676.00     2706.00
SIEMENS                       708.00       694.00         701.00       711.00         718.00      728.00
STER                          177.00       174.00         175.00       177.00         179.00      181.00
SUNPHARMA                    1763.00     1733.00        1748.00       1769.00       1784.00     1805.00
SUZLON                          56.00       56.00          56.00         57.00         57.00       57.00
TATAMOTORS                    861.00       833.00         847.00       857.00         871.00      881.00
TATAPOWER                    1326.00     1311.00        1319.00       1331.00       1339.00     1351.00
TATASTEEL                     538.00       531.00         535.00       541.00         544.00      551.00
TCS                           878.00       859.00         868.00       875.00         885.00      892.00
UNITECH                         85.00       81.00          83.00         84.00         86.00       87.00
WIPRO                         431.00       421.00         426.00       431.00         436.00      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
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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Market Summary and Technical Outlook

  • 1. Technical Report Date : 06/08/2010 Market Summary Indices Top 5 Gainers Top 5 Losers Sectoral Watch Nifty Sensex Stocks % Gain Stocks % Loss Sector %G/L Open 5470 18235 UNITECH 3.16 IDEA 5.07 OIL&GAS (0.91) High 5487 18295 HCLTECH 2.29 AMBUJACEM 2.65 HC (0.53) Low 5443 18156 SBIN 2.27 GAIL 2.44 PSU (0.49) Close 5447 18173 TATAMOTOR 2.17 IDFC 2.07 POWER (0.40) % Chg (0.38) (0.24) TCS 1.12 RCOM 2.01 METAL (0.33) Source : Falcon SENSEX DLY CHART Markets registered a new 52 week high of 18296 / 5487 but were unable to sustain the gains which lead the indices to close in red. On the daily charts for we are witnessing narrow range body formation that clearly indicates indecisiveness prevailing at current levels. At present there is no weakness on the daily chart. Hence, in the coming trading session any move above 18300 / 5490 levels would intensify the upside momentum and indices could test 18370 – 18500 / 5500 to 5550 levels. On the downside, 18000 / 5400 may act support for the day. Stocks +ve Bias Stocks -ve Bias BGR ENERGY RCOM INDIA INFOLINE GAIL 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 18173.00 18069.00 18121.00 18208.00 18260.00 18347.00 NIFTY 5447.00 5415.00 5431.00 5459.00 5475.00 5503.00 ABB 787.00 773.00 780.00 787.00 795.00 802.00 ACC 815.00 805.00 810.00 817.00 822.00 830.00 AMBUJACEM 114.00 111.00 112.00 115.00 117.00 120.00 AXISBANK 1317.00 1292.00 1304.00 1324.00 1336.00 1356.00 BHARTIARTL 325.00 320.00 322.00 326.00 328.00 331.00 BHEL 2525.00 2487.00 2506.00 2525.00 2545.00 2564.00 BPCL 651.00 633.00 642.00 652.00 661.00 671.00 CAIRN 347.00 340.00 343.00 346.00 349.00 352.00 CIPLA 321.00 317.00 319.00 322.00 324.00 327.00 DLF 311.00 303.00 307.00 314.00 318.00 325.00 GAIL 430.00 421.00 425.00 434.00 439.00 448.00 HCLTECH 414.00 400.00 407.00 412.00 419.00 424.00 HDFC 3029.00 2992.00 3011.00 3040.00 3059.00 3088.00 HDFCBANK 2100.00 2035.00 2068.00 2098.00 2130.00 2160.00 HEROHONDA 1863.00 1834.00 1848.00 1868.00 1882.00 1901.00 HINDALCO 165.00 163.00 164.00 166.00 167.00 169.00 HINDUNILVR 255.00 251.00 253.00 256.00 258.00 261.00 ICICIBANK 955.00 940.00 948.00 960.00 968.00 981.00 IDEA 71.00 67.00 69.00 72.00 74.00 77.00 IDFC 184.00 178.00 181.00 185.00 188.00 192.00 INFOSYSTCH 2869.00 2834.00 2852.00 2879.00 2897.00 2924.00 ITC 156.00 153.00 154.00 156.00 157.00 159.00 JINDALSTEL 618.00 610.00 614.00 619.00 623.00 629.00 JPASSOCIAT 118.00 116.00 117.00 118.00 119.00 120.00 KOTAKBANK 825.00 809.00 817.00 828.00 836.00 847.00 LT 1809.00 1793.00 1801.00 1812.00 1820.00 1831.00 M&M 645.00 633.00 639.00 649.00 656.00 666.00 MARUTI 1226.00 1205.00 1215.00 1228.00 1239.00 1252.00 NTPC 198.00 196.00 197.00 199.00 200.00 202.00 ONGC 1242.00 1205.00 1224.00 1247.00 1265.00 1288.00 PNB 1106.00 1072.00 1089.00 1102.00 1119.00 1131.00 POWERGRID 99.00 97.00 98.00 99.00 100.00 102.00 RANBAXY 447.00 442.00 445.00 449.00 451.00 455.00 RCOM 173.00 170.00 172.00 174.00 176.00 179.00 RELCAPITAL 786.00 776.00 781.00 789.00 794.00 802.00 RELIANCE 1007.00 993.00 1000.00 1012.00 1019.00 1031.00 RELINFRA 1117.00 1093.00 1105.00 1125.00 1137.00 1157.00 RPOWER 158.00 155.00 157.00 159.00 161.00 163.00 SAIL 198.00 195.00 196.00 199.00 201.00 203.00 SBIN 2646.00 2560.00 2603.00 2633.00 2676.00 2706.00 SIEMENS 708.00 694.00 701.00 711.00 718.00 728.00 STER 177.00 174.00 175.00 177.00 179.00 181.00 SUNPHARMA 1763.00 1733.00 1748.00 1769.00 1784.00 1805.00 SUZLON 56.00 56.00 56.00 57.00 57.00 57.00 TATAMOTORS 861.00 833.00 847.00 857.00 871.00 881.00 TATAPOWER 1326.00 1311.00 1319.00 1331.00 1339.00 1351.00 TATASTEEL 538.00 531.00 535.00 541.00 544.00 551.00 TCS 878.00 859.00 868.00 875.00 885.00 892.00 UNITECH 85.00 81.00 83.00 84.00 86.00 87.00 WIPRO 431.00 421.00 426.00 431.00 436.00 440.00 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.