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Technical Report

                                                                                            Date : 06/10/2010

                                                 Market Summary
                   Indices                 Top 5 Gainers           Top 5 Losers                Sectoral Watch
                  Nifty      Sensex       Stocks    % Gain     Stocks     % Loss            Sector           %G/L
Open                6159       20462      RPOWER     4.24      HDFC         2.24            FMCG              (1.12)
High                6188       20561      RELCAPITAL 4.14      BHARTIARTL   2.07            METAL             (0.33)
Low                 6118       20383      BAJAJ-AUTO 3.49      HDFCBANK     1.93            CD                0.93
Close               6146       20408      RELINFRA   3.01      HINDALCO     1.70            POWER              0.87
% Chg                 (0.22)     (0.33)   RCOM       2.72      HINDUNILVR   1.57            AUTO              0.74




Source : Falcon                                                                                       SENSEX DLY CHART
Markets opened on a flat note traded with positive bias in the first hour of the session but were unable to sustain
the gains which led the indices to close in red.
On the daily chart after a shooting star we are witnessing a consolidation / correction of the previous rise. Since
the intermediate trend is up, on the downside, the Fibonacci retracement levels of 20391 – 20290 – 20189 / 6124
– 6094 - 6063 may act as support for the day. On the upside, resistance is at 20560 – 20707 / 6189 – 6222
levels. Any move beyond the high of the shooting star, 20707 / 6222 level, would resume the up-trend.




                      Stocks +ve Bias                                               Stocks -ve Bias
                             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.
Technical Report

                                                    PIVOTS
      Stocks              Close         S2             S1          Pivot           R1          R2
SENSEX                      20408.00    20273.00       20340.00     20450.00       20518.00    20628.00
NIFTY                        6146.00     6080.00        6113.00       6151.00       6183.00     6221.00
ABB                           922.00       872.00         897.00       915.00         940.00      958.00
ACC                          1030.00     1003.00        1017.00       1026.00       1039.00     1048.00
AMBUJACEM                     143.00       139.00         141.00       142.00         144.00      145.00
AXISBANK                     1575.00     1558.00        1567.00       1579.00       1587.00     1599.00
BHARTIARTL                    354.00       341.00         347.00       357.00         364.00      373.00
BHEL                         2648.00     2592.00        2620.00       2642.00       2670.00     2693.00
BPCL                          765.00       744.00         754.00       763.00         773.00      782.00
CAIRN                         336.00       329.00         332.00       336.00         340.00      343.00
CIPLA                         329.00       323.00         326.00       330.00         333.00      336.00
DLF                           390.00       382.00         386.00       390.00         394.00      398.00
GAIL                          492.00       381.00         436.00       466.00         521.00      550.00
HCLTECH                       433.00       423.00         428.00       436.00         441.00      448.00
HDFC                          741.00       637.00         689.00       727.00         779.00      817.00
HDFCBANK                     2448.00     2393.00        2420.00       2465.00       2493.00     2537.00
HEROHONDA                    1801.00     1778.00        1789.00       1805.00       1816.00     1832.00
HINDALCO                      203.00       198.00         201.00       204.00         207.00      210.00
HINDUNILVR                    304.00       300.00         302.00       305.00         308.00      311.00
ICICIBANK                    1148.00     1132.00        1140.00       1149.00       1157.00     1166.00
IDEA                            73.00       71.00          72.00         73.00         73.00       74.00
IDFC                          205.00       201.00         203.00       206.00         208.00      212.00
INFOSYSTCH                   3085.00     3048.00        3066.00       3089.00       3107.00     3130.00
ITC                           174.00       171.00         173.00       175.00         176.00      178.00
JINDALSTEL                    738.00       721.00         730.00       738.00         746.00      754.00
JPASSOCIAT                    129.00       124.00         127.00       129.00         131.00      133.00
KOTAKBANK                     513.00       502.00         507.00       512.00         518.00      522.00
LT                           2053.00     2019.00        2036.00       2061.00       2078.00     2102.00
M&M                           744.00       725.00         735.00       742.00         752.00      759.00
MARUTI                       1503.00     1456.00        1480.00       1502.00       1526.00     1548.00
NTPC                          216.00       213.00         215.00       217.00         219.00      221.00
ONGC                         1391.00     1330.00        1361.00       1384.00       1414.00     1438.00
PNB                          1307.00     1293.00        1300.00       1310.00       1317.00     1327.00
POWERGRID                     112.00       108.00         110.00       111.00         113.00      114.00
RANBAXY                       596.00       580.00         588.00       599.00         607.00      617.00
RCOM                          178.00       169.00         174.00       176.00         181.00      184.00
RELCAPITAL                    858.00       807.00         832.00       849.00         874.00      890.00
RELIANCE                     1024.00       999.00       1011.00       1022.00       1034.00     1044.00
RELINFRA                     1114.00     1066.00        1090.00       1105.00       1129.00     1145.00
RPOWER                        169.00       157.00         163.00       167.00         173.00      177.00
SAIL                          224.00       216.00         220.00       226.00         229.00      235.00
SBIN                         3248.00     3216.00        3232.00       3253.00       3270.00     3291.00
SIEMENS                       835.00       825.00         830.00       835.00         840.00      845.00
STER                          171.00       168.00         169.00       172.00         173.00      175.00
SUNPHARMA                    2061.00     2032.00        2047.00       2066.00       2080.00     2099.00
SUZLON                          58.00       56.00          57.00         58.00         59.00       60.00
TATAMOTORS                   1134.00     1119.00        1127.00       1136.00       1144.00     1153.00
TATAPOWER                    1399.00     1364.00        1382.00       1393.00       1410.00     1421.00
TATASTEEL                     668.00       659.00         664.00       671.00         675.00      682.00
TCS                           950.00       934.00         942.00       954.00         962.00      974.00
UNITECH                         93.00       92.00          93.00         94.00         95.00       96.00
WIPRO                         461.00       455.00         458.00       463.00         466.00      471.00


     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.

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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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Tech report 06.10.2010

  • 1. Technical Report Date : 06/10/2010 Market Summary Indices Top 5 Gainers Top 5 Losers Sectoral Watch Nifty Sensex Stocks % Gain Stocks % Loss Sector %G/L Open 6159 20462 RPOWER 4.24 HDFC 2.24 FMCG (1.12) High 6188 20561 RELCAPITAL 4.14 BHARTIARTL 2.07 METAL (0.33) Low 6118 20383 BAJAJ-AUTO 3.49 HDFCBANK 1.93 CD 0.93 Close 6146 20408 RELINFRA 3.01 HINDALCO 1.70 POWER 0.87 % Chg (0.22) (0.33) RCOM 2.72 HINDUNILVR 1.57 AUTO 0.74 Source : Falcon SENSEX DLY CHART Markets opened on a flat note traded with positive bias in the first hour of the session but were unable to sustain the gains which led the indices to close in red. On the daily chart after a shooting star we are witnessing a consolidation / correction of the previous rise. Since the intermediate trend is up, on the downside, the Fibonacci retracement levels of 20391 – 20290 – 20189 / 6124 – 6094 - 6063 may act as support for the day. On the upside, resistance is at 20560 – 20707 / 6189 – 6222 levels. Any move beyond the high of the shooting star, 20707 / 6222 level, would resume the up-trend. Stocks +ve Bias Stocks -ve Bias 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 20408.00 20273.00 20340.00 20450.00 20518.00 20628.00 NIFTY 6146.00 6080.00 6113.00 6151.00 6183.00 6221.00 ABB 922.00 872.00 897.00 915.00 940.00 958.00 ACC 1030.00 1003.00 1017.00 1026.00 1039.00 1048.00 AMBUJACEM 143.00 139.00 141.00 142.00 144.00 145.00 AXISBANK 1575.00 1558.00 1567.00 1579.00 1587.00 1599.00 BHARTIARTL 354.00 341.00 347.00 357.00 364.00 373.00 BHEL 2648.00 2592.00 2620.00 2642.00 2670.00 2693.00 BPCL 765.00 744.00 754.00 763.00 773.00 782.00 CAIRN 336.00 329.00 332.00 336.00 340.00 343.00 CIPLA 329.00 323.00 326.00 330.00 333.00 336.00 DLF 390.00 382.00 386.00 390.00 394.00 398.00 GAIL 492.00 381.00 436.00 466.00 521.00 550.00 HCLTECH 433.00 423.00 428.00 436.00 441.00 448.00 HDFC 741.00 637.00 689.00 727.00 779.00 817.00 HDFCBANK 2448.00 2393.00 2420.00 2465.00 2493.00 2537.00 HEROHONDA 1801.00 1778.00 1789.00 1805.00 1816.00 1832.00 HINDALCO 203.00 198.00 201.00 204.00 207.00 210.00 HINDUNILVR 304.00 300.00 302.00 305.00 308.00 311.00 ICICIBANK 1148.00 1132.00 1140.00 1149.00 1157.00 1166.00 IDEA 73.00 71.00 72.00 73.00 73.00 74.00 IDFC 205.00 201.00 203.00 206.00 208.00 212.00 INFOSYSTCH 3085.00 3048.00 3066.00 3089.00 3107.00 3130.00 ITC 174.00 171.00 173.00 175.00 176.00 178.00 JINDALSTEL 738.00 721.00 730.00 738.00 746.00 754.00 JPASSOCIAT 129.00 124.00 127.00 129.00 131.00 133.00 KOTAKBANK 513.00 502.00 507.00 512.00 518.00 522.00 LT 2053.00 2019.00 2036.00 2061.00 2078.00 2102.00 M&M 744.00 725.00 735.00 742.00 752.00 759.00 MARUTI 1503.00 1456.00 1480.00 1502.00 1526.00 1548.00 NTPC 216.00 213.00 215.00 217.00 219.00 221.00 ONGC 1391.00 1330.00 1361.00 1384.00 1414.00 1438.00 PNB 1307.00 1293.00 1300.00 1310.00 1317.00 1327.00 POWERGRID 112.00 108.00 110.00 111.00 113.00 114.00 RANBAXY 596.00 580.00 588.00 599.00 607.00 617.00 RCOM 178.00 169.00 174.00 176.00 181.00 184.00 RELCAPITAL 858.00 807.00 832.00 849.00 874.00 890.00 RELIANCE 1024.00 999.00 1011.00 1022.00 1034.00 1044.00 RELINFRA 1114.00 1066.00 1090.00 1105.00 1129.00 1145.00 RPOWER 169.00 157.00 163.00 167.00 173.00 177.00 SAIL 224.00 216.00 220.00 226.00 229.00 235.00 SBIN 3248.00 3216.00 3232.00 3253.00 3270.00 3291.00 SIEMENS 835.00 825.00 830.00 835.00 840.00 845.00 STER 171.00 168.00 169.00 172.00 173.00 175.00 SUNPHARMA 2061.00 2032.00 2047.00 2066.00 2080.00 2099.00 SUZLON 58.00 56.00 57.00 58.00 59.00 60.00 TATAMOTORS 1134.00 1119.00 1127.00 1136.00 1144.00 1153.00 TATAPOWER 1399.00 1364.00 1382.00 1393.00 1410.00 1421.00 TATASTEEL 668.00 659.00 664.00 671.00 675.00 682.00 TCS 950.00 934.00 942.00 954.00 962.00 974.00 UNITECH 93.00 92.00 93.00 94.00 95.00 96.00 WIPRO 461.00 455.00 458.00 463.00 466.00 471.00 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.