1. Technical Report
Date : 20/07/2010
Market Summary
Indices Top 5 Gainers Top 5 Losers Sectoral Watch
Nifty Sensex Stocks % Gain Stocks % Loss Sector %G/L
Open 5393 17914 NTPC 2.07 ITC 2.33 FMCG (1.40)
High 5409 18005 RCOM 1.98 ABB 2.26 REALTY (0.94)
Low 5362 17856 IDEA 1.77 IDFC 1.51 CD (0.68)
Close 5386 17928 HINDALCO 1.63 STER 1.35 OIL&GAS (0.34)
% Chg (0.14) (0.15) HDFC 1.50 SIEMENS 1.21 PSU 0.75
Source : Falcon SENSEX DLY CHART
Inspite of weak global cues, markets managed to hold on to key support levels and closed with marginal losses.
On the daily chart, for the third consecutive trading session we are observing a narrow range body which
indicates indecisiveness prevailing at current level. At present there is no apparent weakness on the charts but
just a consolidation of the previous rise. Hence, in the coming trading session if indices trade above 17978 / 5400
levels then it is likely to test 18024 – 18167 / 5400 – 5450 levels. On the downside, 17871 – 17780 / 5360-5340
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 17928.00 17781.00 17855.00 17930.00 18004.00 18079.00
NIFTY 5386.00 5338.00 5362.00 5386.00 5410.00 5433.00
ABB 852.00 778.00 815.00 842.00 879.00 906.00
ACC 812.00 804.00 808.00 811.00 815.00 819.00
AMBUJACEM 108.00 106.00 107.00 109.00 110.00 111.00
AXISBANK 1361.00 1333.00 1347.00 1357.00 1371.00 1381.00
BHARTIARTL 298.00 290.00 294.00 298.00 302.00 306.00
BHEL 2416.00 2381.00 2398.00 2427.00 2445.00 2474.00
BPCL 656.00 642.00 649.00 659.00 666.00 676.00
CAIRN 315.00 309.00 312.00 315.00 318.00 321.00
CIPLA 330.00 326.00 328.00 330.00 332.00 334.00
DLF 316.00 312.00 314.00 315.00 317.00 319.00
GAIL 447.00 429.00 438.00 445.00 454.00 461.00
HCLTECH 378.00 362.00 370.00 375.00 383.00 388.00
HDFC 3060.00 2959.00 3009.00 3045.00 3095.00 3131.00
HDFCBANK 2048.00 2003.00 2025.00 2045.00 2067.00 2087.00
HEROHONDA 1957.00 1935.00 1946.00 1962.00 1973.00 1989.00
HINDALCO 153.00 146.00 149.00 151.00 155.00 157.00
HINDUNILVR 265.00 260.00 263.00 266.00 268.00 271.00
ICICIBANK 900.00 880.00 890.00 897.00 907.00 914.00
IDEA 66.00 63.00 65.00 65.00 67.00 68.00
IDFC 193.00 189.00 191.00 193.00 195.00 196.00
INFOSYSTCH 2770.00 2709.00 2740.00 2766.00 2797.00 2823.00
ITC 291.00 284.00 288.00 294.00 298.00 304.00
JINDALSTEL 625.00 608.00 616.00 623.00 631.00 638.00
JPASSOCIAT 129.00 128.00 129.00 130.00 131.00 132.00
KOTAKBANK 792.00 773.00 783.00 790.00 800.00 807.00
LT 1894.00 1841.00 1867.00 1883.00 1910.00 1926.00
M&M 606.00 586.00 596.00 605.00 615.00 624.00
MARUTI 1363.00 1309.00 1336.00 1362.00 1389.00 1415.00
NTPC 203.00 195.00 199.00 202.00 205.00 208.00
ONGC 1259.00 1238.00 1249.00 1257.00 1267.00 1276.00
PNB 1065.00 1047.00 1056.00 1069.00 1078.00 1091.00
POWERGRID 100.00 98.00 99.00 100.00 101.00 102.00
RANBAXY 449.00 441.00 445.00 448.00 453.00 456.00
RCOM 191.00 181.00 186.00 190.00 195.00 200.00
RELCAPITAL 810.00 789.00 800.00 808.00 819.00 828.00
RELIANCE 1056.00 1046.00 1051.00 1059.00 1063.00 1071.00
RELINFRA 1140.00 1124.00 1132.00 1143.00 1150.00 1161.00
RPOWER 173.00 170.00 172.00 173.00 175.00 177.00
SAIL 199.00 194.00 196.00 198.00 201.00 203.00
SBIN 2455.00 2411.00 2433.00 2448.00 2470.00 2485.00
SIEMENS 726.00 712.00 719.00 729.00 737.00 747.00
STER 164.00 162.00 163.00 164.00 165.00 166.00
SUNPHARMA 1720.00 1681.00 1700.00 1717.00 1736.00 1752.00
SUZLON 60.00 59.00 59.00 60.00 60.00 61.00
TATAMOTORS 825.00 814.00 820.00 827.00 832.00 840.00
TATAPOWER 1332.00 1319.00 1326.00 1332.00 1339.00 1345.00
TATASTEEL 511.00 497.00 504.00 509.00 516.00 521.00
TCS 827.00 817.00 822.00 828.00 833.00 840.00
UNITECH 82.00 78.00 80.00 81.00 83.00 84.00
WIPRO 404.00 393.00 399.00 402.00 408.00 412.00
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.