The document provides a daily technical market summary for the Indian stock market. It summarizes the performance of key indices like Nifty and Sensex, lists the top gainers and losers during the day, and analyzes sector performances. It also provides short term trading recommendations and pivot point analysis for various stocks. The report indicates the indices have been trading sideways in the past four weeks and maintains a positive bias as long as support levels are held.

1. Technical Report
Date : 09/08/2010
Market Summary
Indices Top 5 Gainers Top 5 Losers Sectoral Watch
Nifty Sensex Stocks % Gain Stocks % Loss Sector %G/L
Open 5448 18165 TATAMOTOR 3.91 KOTAKBANK 1.69 BANKEX (0.62)
High 5472 18245 ABB 3.04 IDFC 1.50 IT (0.50)
Low 5431 18118 ITC 1.89 HEROHONDA 1.42 PSU (0.47)
Close 5439 18144 GAIL 1.84 TCS 1.16 OIL&GAS (0.43)
% Chg (0.14) (0.16) JINDALSTEEL 1.41 TATASTEEL 1.16 CD 0.99
Source : Falcon SENSEX DLY CHART
Broadly speaking for the past four weeks, indices have been trading sideways in the range of 17840 / 5350 on
the downside, and 18300 / 5480 on the upside. Any breakout or breakdown from mentioned levels would dictate
the direction of the trend. Presently, there is no weakness on the chart as the intermediate trend is up. We
maintain our view that a strong upward momentum would resume only once the indices trade and close above
18315 / 5480 levels. On the upside, the indices could test 18360 to 18600 / 5500 to 5600 levels. On the
downside, 17840 / 5350 remains crucial support level for the coming week. Any breach of this level would mean
loss of upside momentum and we could witness further weakness.
Traders holding long positions should maintain the stop-loss at 5340 levels and trade with a positive bias
as long as the markets hold 5350 levels.
Stocks +ve Bias Stocks -ve Bias
RAYMOND SUZLON
SCI RCOM
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 18144.00 18043.00 18093.00 18169.00 18220.00 18295.00
NIFTY 5439.00 5407.00 5423.00 5448.00 5464.00 5488.00
ABB 801.00 767.00 784.00 799.00 817.00 832.00
ACC 828.00 805.00 817.00 823.00 835.00 841.00
AMBUJACEM 115.00 112.00 114.00 114.00 116.00 117.00
AXISBANK 1314.00 1292.00 1303.00 1317.00 1328.00 1342.00
BHARTIARTL 323.00 317.00 320.00 324.00 327.00 330.00
BHEL 2508.00 2469.00 2488.00 2517.00 2536.00 2564.00
BPCL 650.00 639.00 645.00 652.00 658.00 665.00
CAIRN 343.00 338.00 341.00 344.00 346.00 349.00
CIPLA 322.00 319.00 320.00 322.00 323.00 325.00
DLF 308.00 298.00 303.00 311.00 316.00 325.00
GAIL 438.00 421.00 429.00 434.00 443.00 447.00
HCLTECH 412.00 406.00 409.00 413.00 417.00 421.00
HDFC 3069.00 2971.00 3020.00 3056.00 3105.00 3141.00
HDFCBANK 2091.00 2066.00 2078.00 2094.00 2107.00 2123.00
HEROHONDA 1834.00 1802.00 1818.00 1846.00 1862.00 1890.00
HINDALCO 164.00 161.00 163.00 164.00 166.00 168.00
HINDUNILVR 255.00 253.00 254.00 256.00 256.00 258.00
ICICIBANK 950.00 931.00 941.00 952.00 961.00 972.00
IDEA 72.00 70.00 71.00 72.00 72.00 73.00
IDFC 181.00 178.00 180.00 182.00 183.00 186.00
INFOSYSTCH 2864.00 2829.00 2847.00 2869.00 2887.00 2909.00
ITC 159.00 154.00 156.00 158.00 161.00 162.00
JINDALSTEL 627.00 613.00 620.00 624.00 631.00 635.00
JPASSOCIAT 118.00 116.00 117.00 118.00 119.00 120.00
KOTAKBANK 812.00 797.00 804.00 816.00 823.00 834.00
LT 1802.00 1774.00 1788.00 1809.00 1822.00 1843.00
M&M 649.00 634.00 641.00 650.00 657.00 666.00
MARUTI 1221.00 1208.00 1215.00 1225.00 1232.00 1242.00
NTPC 197.00 196.00 196.00 198.00 199.00 200.00
ONGC 1231.00 1190.00 1210.00 1229.00 1249.00 1267.00
PNB 1100.00 1087.00 1094.00 1102.00 1109.00 1117.00
POWERGRID 100.00 98.00 99.00 100.00 101.00 102.00
RANBAXY 448.00 443.00 446.00 449.00 452.00 456.00
RCOM 173.00 170.00 172.00 173.00 175.00 176.00
RELCAPITAL 783.00 773.00 778.00 785.00 790.00 798.00
RELIANCE 1000.00 991.00 996.00 1003.00 1007.00 1015.00
RELINFRA 1110.00 1089.00 1099.00 1115.00 1125.00 1141.00
RPOWER 158.00 156.00 157.00 158.00 159.00 161.00
SAIL 196.00 193.00 194.00 197.00 199.00 202.00
SBIN 2619.00 2581.00 2600.00 2627.00 2647.00 2674.00
SIEMENS 704.00 697.00 701.00 706.00 710.00 715.00
STER 176.00 173.00 174.00 176.00 178.00 180.00
SUNPHARMA 1775.00 1741.00 1758.00 1773.00 1790.00 1805.00
SUZLON 56.00 55.00 55.00 56.00 57.00 58.00
TATAMOTORS 894.00 841.00 867.00 885.00 911.00 928.00
TATAPOWER 1323.00 1310.00 1317.00 1327.00 1334.00 1344.00
TATASTEEL 532.00 520.00 526.00 535.00 541.00 550.00
TCS 865.00 847.00 856.00 870.00 879.00 892.00
UNITECH 85.00 83.00 84.00 85.00 86.00 88.00
WIPRO 433.00 424.00 428.00 434.00 439.00 444.00
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
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