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Date : 07/06/2010

                                               Market Summary
                   Indices               Top 5 Gainers             Top 5 Losers                Sectoral Watch
                  Nifty     Sensex      Stocks    % Gain       Stocks    % Loss             Sector         %G/L
Open                5113      17037     CAIRN      3.38        AMBUJACEM   1.71             FMCG            1.69
High                5148      17150     MARUTI     2.49        ONGC        1.51             TECK            1.02
Low                 5092      16964     SBIN       2.19        RPOWER      1.49             IT              0.93
Close               5136      17118     HINDUNILVR 2.13        SAIL        1.16             BANKEX          0.81
% Chg                  0.49      0.56   ITC        2.12        KOTAKBANK   1.01             AUTO            0.63




Source : Falcon                                                                                       NIFTY DLY CHART
In spite of weak close in global markets on Friday, technically looking at the Daily charts of the benchmark
indices, we are of the opinion that the indices are likely to test 17350 – 17500 / 5200 -5250 levels. This view
stands negated if, on the downside, the higher bottom that is at 16550 / 4960 levels is violated.
Traders are advised to trade with positive bias in selective counters as long as the markets hold the higher
bottom of 4960 level.
Traders holding long positions in Bank Nifty are advised to keep stop loss of 9105 level.




                      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.
PIVOTS
      Stocks              Close         S2             S1          Pivot         R1          R2
SENSEX                      17118.00    16891.00       17004.00     17077.00     17191.00    17264.00
NIFTY                        5136.00     5069.00        5102.00       5125.00     5158.00     5181.00
ABB                           859.00       849.00         854.00       858.00       862.00      866.00
ACC                           842.00       828.00         835.00       845.00       852.00      862.00
AMBUJACEM                     113.00       110.00         111.00       113.00       114.00      116.00
AXISBANK                     1245.00     1230.00        1238.00       1248.00     1256.00     1266.00
BHARTIARTL                    276.00       263.00         270.00       274.00       281.00      285.00
BHEL                         2332.00     2300.00        2316.00       2330.00     2345.00     2359.00
BPCL                          580.00       557.00         568.00       579.00       591.00      601.00
CAIRN                         300.00       290.00         295.00       298.00       304.00      307.00
CIPLA                         325.00       322.00         324.00       325.00       327.00      328.00
DLF                           282.00       269.00         275.00       280.00       287.00      292.00
GAIL                          461.00       450.00         456.00       463.00       468.00      476.00
HCLTECH                       387.00       370.00         378.00       383.00       392.00      397.00
HDFC                         2749.00     2707.00        2728.00       2741.00     2762.00     2776.00
HDFCBANK                     1886.00     1862.00        1874.00       1892.00     1904.00     1922.00
HEROHONDA                    1996.00     1956.00        1976.00       1994.00     2014.00     2033.00
HINDALCO                      148.00       141.00         145.00       147.00       150.00      152.00
HINDUNILVR                    252.00       245.00         248.00       253.00       256.00      261.00
ICICIBANK                     866.00       848.00         857.00       863.00       872.00      877.00
IDEA                            56.00       53.00          55.00         56.00       57.00       58.00
IDFC                          163.00       160.00         162.00       163.00       165.00      166.00
INFOSYSTCH                   2729.00     2661.00        2695.00       2716.00     2750.00     2772.00
ITC                           291.00       272.00         281.00       287.00       296.00      301.00
JINDALSTEL                    630.00       621.00         625.00       630.00       635.00      639.00
JPASSOCIAT                    123.00       119.00         121.00       122.00       124.00      126.00
KOTAKBANK                     752.00       741.00         747.00       755.00       760.00      768.00
LT                           1672.00     1632.00        1652.00       1664.00     1684.00     1696.00
M&M                           585.00       566.00         576.00       582.00       591.00      597.00
MARUTI                       1330.00     1273.00        1302.00       1318.00     1347.00     1363.00
NTPC                          202.00       200.00         201.00       203.00       204.00      205.00
ONGC                         1190.00     1157.00        1173.00       1202.00     1218.00     1247.00
PNB                          1016.00       995.00       1006.00       1012.00     1022.00     1029.00
POWERGRID                     106.00       104.00         105.00       106.00       106.00      107.00
RANBAXY                       431.00       426.00         428.00       432.00       434.00      438.00
RCOM                          169.00       155.00         162.00       166.00       172.00      176.00
RELCAPITAL                    679.00       656.00         667.00       679.00       690.00      702.00
RELIANCE                     1031.00     1016.00        1024.00       1030.00     1037.00     1043.00
RELINFRA                     1111.00     1083.00        1097.00       1107.00     1121.00     1131.00
RPOWER                        160.00       156.00         158.00       161.00       163.00      167.00
SAIL                          201.00       195.00         198.00       201.00       204.00      206.00
SBIN                         2341.00     2254.00        2297.00       2323.00     2366.00     2392.00
SIEMENS                       696.00       682.00         689.00       694.00       701.00      706.00
STER                          648.00       626.00         637.00       646.00       657.00      666.00
SUNPHARMA                    1705.00     1681.00        1693.00       1705.00     1717.00     1730.00
SUZLON                          56.00       54.00          55.00         56.00       57.00       58.00
TATAMOTORS                    772.00       747.00         760.00       768.00       780.00      788.00
TATAPOWER                    1239.00     1198.00        1218.00       1232.00     1252.00     1265.00
TATASTEEL                     485.00       473.00         479.00       485.00       491.00      496.00
TCS                           765.00       749.00         757.00       763.00       772.00      778.00
UNITECH                         71.00       70.00          71.00         71.00       72.00       73.00
WIPRO                         655.00       647.00         651.00       655.00       659.00      663.00


     For Private Circulation Only.
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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Tech report 07.06.2010

  • 1. Date : 07/06/2010 Market Summary Indices Top 5 Gainers Top 5 Losers Sectoral Watch Nifty Sensex Stocks % Gain Stocks % Loss Sector %G/L Open 5113 17037 CAIRN 3.38 AMBUJACEM 1.71 FMCG 1.69 High 5148 17150 MARUTI 2.49 ONGC 1.51 TECK 1.02 Low 5092 16964 SBIN 2.19 RPOWER 1.49 IT 0.93 Close 5136 17118 HINDUNILVR 2.13 SAIL 1.16 BANKEX 0.81 % Chg 0.49 0.56 ITC 2.12 KOTAKBANK 1.01 AUTO 0.63 Source : Falcon NIFTY DLY CHART In spite of weak close in global markets on Friday, technically looking at the Daily charts of the benchmark indices, we are of the opinion that the indices are likely to test 17350 – 17500 / 5200 -5250 levels. This view stands negated if, on the downside, the higher bottom that is at 16550 / 4960 levels is violated. Traders are advised to trade with positive bias in selective counters as long as the markets hold the higher bottom of 4960 level. Traders holding long positions in Bank Nifty are advised to keep stop loss of 9105 level. 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. PIVOTS Stocks Close S2 S1 Pivot R1 R2 SENSEX 17118.00 16891.00 17004.00 17077.00 17191.00 17264.00 NIFTY 5136.00 5069.00 5102.00 5125.00 5158.00 5181.00 ABB 859.00 849.00 854.00 858.00 862.00 866.00 ACC 842.00 828.00 835.00 845.00 852.00 862.00 AMBUJACEM 113.00 110.00 111.00 113.00 114.00 116.00 AXISBANK 1245.00 1230.00 1238.00 1248.00 1256.00 1266.00 BHARTIARTL 276.00 263.00 270.00 274.00 281.00 285.00 BHEL 2332.00 2300.00 2316.00 2330.00 2345.00 2359.00 BPCL 580.00 557.00 568.00 579.00 591.00 601.00 CAIRN 300.00 290.00 295.00 298.00 304.00 307.00 CIPLA 325.00 322.00 324.00 325.00 327.00 328.00 DLF 282.00 269.00 275.00 280.00 287.00 292.00 GAIL 461.00 450.00 456.00 463.00 468.00 476.00 HCLTECH 387.00 370.00 378.00 383.00 392.00 397.00 HDFC 2749.00 2707.00 2728.00 2741.00 2762.00 2776.00 HDFCBANK 1886.00 1862.00 1874.00 1892.00 1904.00 1922.00 HEROHONDA 1996.00 1956.00 1976.00 1994.00 2014.00 2033.00 HINDALCO 148.00 141.00 145.00 147.00 150.00 152.00 HINDUNILVR 252.00 245.00 248.00 253.00 256.00 261.00 ICICIBANK 866.00 848.00 857.00 863.00 872.00 877.00 IDEA 56.00 53.00 55.00 56.00 57.00 58.00 IDFC 163.00 160.00 162.00 163.00 165.00 166.00 INFOSYSTCH 2729.00 2661.00 2695.00 2716.00 2750.00 2772.00 ITC 291.00 272.00 281.00 287.00 296.00 301.00 JINDALSTEL 630.00 621.00 625.00 630.00 635.00 639.00 JPASSOCIAT 123.00 119.00 121.00 122.00 124.00 126.00 KOTAKBANK 752.00 741.00 747.00 755.00 760.00 768.00 LT 1672.00 1632.00 1652.00 1664.00 1684.00 1696.00 M&M 585.00 566.00 576.00 582.00 591.00 597.00 MARUTI 1330.00 1273.00 1302.00 1318.00 1347.00 1363.00 NTPC 202.00 200.00 201.00 203.00 204.00 205.00 ONGC 1190.00 1157.00 1173.00 1202.00 1218.00 1247.00 PNB 1016.00 995.00 1006.00 1012.00 1022.00 1029.00 POWERGRID 106.00 104.00 105.00 106.00 106.00 107.00 RANBAXY 431.00 426.00 428.00 432.00 434.00 438.00 RCOM 169.00 155.00 162.00 166.00 172.00 176.00 RELCAPITAL 679.00 656.00 667.00 679.00 690.00 702.00 RELIANCE 1031.00 1016.00 1024.00 1030.00 1037.00 1043.00 RELINFRA 1111.00 1083.00 1097.00 1107.00 1121.00 1131.00 RPOWER 160.00 156.00 158.00 161.00 163.00 167.00 SAIL 201.00 195.00 198.00 201.00 204.00 206.00 SBIN 2341.00 2254.00 2297.00 2323.00 2366.00 2392.00 SIEMENS 696.00 682.00 689.00 694.00 701.00 706.00 STER 648.00 626.00 637.00 646.00 657.00 666.00 SUNPHARMA 1705.00 1681.00 1693.00 1705.00 1717.00 1730.00 SUZLON 56.00 54.00 55.00 56.00 57.00 58.00 TATAMOTORS 772.00 747.00 760.00 768.00 780.00 788.00 TATAPOWER 1239.00 1198.00 1218.00 1232.00 1252.00 1265.00 TATASTEEL 485.00 473.00 479.00 485.00 491.00 496.00 TCS 765.00 749.00 757.00 763.00 772.00 778.00 UNITECH 71.00 70.00 71.00 71.00 72.00 73.00 WIPRO 655.00 647.00 651.00 655.00 659.00 663.00 For Private Circulation Only.
  • 3. 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.