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Date : 08/06/2010

                                                 Market Summary
                   Indices                 Top 5 Gainers           Top 5 Losers                Sectoral Watch
                  Nifty      Sensex       Stocks    % Gain     Stocks     % Loss            Sector         %G/L
Open                5133       17070      RCOM       4.27      DLF          6.25            METAL           (3.99)
High                5133       17070      AMBUJACEM 2.27       TATASTEEL    4.33            REALTY          (3.89)
Low                 5004       16687      ACC        1.00      TATAMOTORS   4.22            PSU             (1.95)
Close               5034       16781      KOTAK BANK 0.78      STER         3.77            OIL&GAS         (1.92)
% Chg                 (1.98)     (1.97)                        SAIL         3.65            CG              (1.84)




Source : Falcon                                                                                       NIFTY DLY CHART
Markets opened lower in the wake of extremely weak global cues and traded with negative bias throughout the
day to close in red. We maintain our view that till the higher bottom of 16550 / 4960 is intact, the markets have
fair chance of a bounce back. In the coming trading session if indices trade convincingly above 16817 / 5046
levels then it can test the 16871 – 16925 / 5060 – 5093 levels. On the downside 16700 – 16612 / 5000 – 4980
levels remains support for the da




                      Stocks +ve Bias                                               Stocks -ve Bias
                                                                                      TATA STEEL




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                      16781.00    16463.00       16622.00     16846.00     17005.00    17229.00
NIFTY                        5034.00     4928.00        4981.00       5057.00     5110.00     5186.00
ABB                           859.00       836.00         847.00       857.00       869.00      879.00
ACC                           852.00       765.00         808.00       854.00       897.00      942.00
AMBUJACEM                     116.00       107.00         111.00       114.00       118.00      120.00
AXISBANK                     1215.00     1183.00        1199.00       1212.00     1228.00     1241.00
BHARTIARTL                    268.00       262.00         265.00       269.00       272.00      277.00
BHEL                         2271.00     2214.00        2242.00       2276.00     2304.00     2337.00
BPCL                          564.00       538.00         551.00       570.00       582.00      601.00
CAIRN                         291.00       280.00         286.00       291.00       297.00      302.00
CIPLA                         322.00       316.00         319.00       321.00       324.00      327.00
DLF                           264.00       255.00         259.00       267.00       271.00      278.00
GAIL                          453.00       438.00         445.00       455.00       462.00      471.00
HCLTECH                       374.00       363.00         369.00       375.00       380.00      387.00
HDFC                         2671.00     2630.00        2651.00       2681.00     2701.00     2731.00
HDFCBANK                     1877.00     1773.00        1825.00       1860.00     1912.00     1946.00
HEROHONDA                    1978.00     1930.00        1954.00       1975.00     1999.00     2020.00
HINDALCO                      141.00       130.00         135.00       140.00       145.00      150.00
HINDUNILVR                    251.00       227.00         239.00       246.00       258.00      266.00
ICICIBANK                     842.00       663.00         753.00       801.00       891.00      939.00
IDEA                            54.00       52.00          53.00         54.00       55.00       57.00
IDFC                          162.00       149.00         156.00       159.00       166.00      169.00
INFOSYSTCH                   2672.00     2617.00        2644.00       2677.00     2704.00     2737.00
ITC                           288.00       283.00         285.00       287.00       290.00      291.00
JINDALSTEL                    615.00       592.00         603.00       616.00       628.00      641.00
JPASSOCIAT                    120.00       115.00         118.00       119.00       122.00      123.00
KOTAKBANK                     754.00       717.00         736.00       747.00       766.00      777.00
LT                           1640.00     1608.00        1624.00       1640.00     1656.00     1671.00
M&M                           580.00       550.00         565.00       576.00       591.00      602.00
MARUTI                       1315.00     1266.00        1291.00       1305.00     1330.00     1344.00
NTPC                          200.00       195.00         197.00       200.00       202.00      205.00
ONGC                         1179.00     1143.00        1161.00       1185.00     1202.00     1226.00
PNB                          1003.00       970.00         987.00       998.00     1014.00     1025.00
POWERGRID                     104.00       101.00         103.00       104.00       106.00      107.00
RANBAXY                       423.00       412.00         417.00       422.00       427.00      431.00
RCOM                          177.00       156.00         166.00       172.00       183.00      189.00
RELCAPITAL                    666.00       643.00         655.00       664.00       676.00      685.00
RELIANCE                     1008.00       993.00       1000.00       1008.00     1015.00     1023.00
RELINFRA                     1083.00     1056.00        1070.00       1080.00     1093.00     1103.00
RPOWER                        157.00       152.00         155.00       156.00       158.00      160.00
SAIL                          193.00       188.00         191.00       194.00       197.00      201.00
SBIN                         2287.00     2193.00        2240.00       2280.00     2327.00     2367.00
SIEMENS                       684.00       673.00         679.00       686.00       692.00      699.00
STER                          621.00       610.00         616.00       623.00       628.00      635.00
SUNPHARMA                    1694.00     1647.00        1671.00       1687.00     1711.00     1727.00
SUZLON                          55.00       52.00          53.00         54.00       55.00       56.00
TATAMOTORS                    737.00       718.00         728.00       742.00       751.00      765.00
TATAPOWER                    1222.00     1172.00        1197.00       1217.00     1242.00     1262.00
TATASTEEL                     462.00       450.00         456.00       464.00       470.00      477.00
TCS                           753.00       727.00         740.00       749.00       762.00      771.00
UNITECH                         69.00       67.00          68.00         69.00       70.00       71.00
WIPRO                         653.00       607.00         630.00       645.00       668.00      683.00


     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 08.06.2010

  • 1. Date : 08/06/2010 Market Summary Indices Top 5 Gainers Top 5 Losers Sectoral Watch Nifty Sensex Stocks % Gain Stocks % Loss Sector %G/L Open 5133 17070 RCOM 4.27 DLF 6.25 METAL (3.99) High 5133 17070 AMBUJACEM 2.27 TATASTEEL 4.33 REALTY (3.89) Low 5004 16687 ACC 1.00 TATAMOTORS 4.22 PSU (1.95) Close 5034 16781 KOTAK BANK 0.78 STER 3.77 OIL&GAS (1.92) % Chg (1.98) (1.97) SAIL 3.65 CG (1.84) Source : Falcon NIFTY DLY CHART Markets opened lower in the wake of extremely weak global cues and traded with negative bias throughout the day to close in red. We maintain our view that till the higher bottom of 16550 / 4960 is intact, the markets have fair chance of a bounce back. In the coming trading session if indices trade convincingly above 16817 / 5046 levels then it can test the 16871 – 16925 / 5060 – 5093 levels. On the downside 16700 – 16612 / 5000 – 4980 levels remains support for the da Stocks +ve Bias Stocks -ve Bias TATA STEEL 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 16781.00 16463.00 16622.00 16846.00 17005.00 17229.00 NIFTY 5034.00 4928.00 4981.00 5057.00 5110.00 5186.00 ABB 859.00 836.00 847.00 857.00 869.00 879.00 ACC 852.00 765.00 808.00 854.00 897.00 942.00 AMBUJACEM 116.00 107.00 111.00 114.00 118.00 120.00 AXISBANK 1215.00 1183.00 1199.00 1212.00 1228.00 1241.00 BHARTIARTL 268.00 262.00 265.00 269.00 272.00 277.00 BHEL 2271.00 2214.00 2242.00 2276.00 2304.00 2337.00 BPCL 564.00 538.00 551.00 570.00 582.00 601.00 CAIRN 291.00 280.00 286.00 291.00 297.00 302.00 CIPLA 322.00 316.00 319.00 321.00 324.00 327.00 DLF 264.00 255.00 259.00 267.00 271.00 278.00 GAIL 453.00 438.00 445.00 455.00 462.00 471.00 HCLTECH 374.00 363.00 369.00 375.00 380.00 387.00 HDFC 2671.00 2630.00 2651.00 2681.00 2701.00 2731.00 HDFCBANK 1877.00 1773.00 1825.00 1860.00 1912.00 1946.00 HEROHONDA 1978.00 1930.00 1954.00 1975.00 1999.00 2020.00 HINDALCO 141.00 130.00 135.00 140.00 145.00 150.00 HINDUNILVR 251.00 227.00 239.00 246.00 258.00 266.00 ICICIBANK 842.00 663.00 753.00 801.00 891.00 939.00 IDEA 54.00 52.00 53.00 54.00 55.00 57.00 IDFC 162.00 149.00 156.00 159.00 166.00 169.00 INFOSYSTCH 2672.00 2617.00 2644.00 2677.00 2704.00 2737.00 ITC 288.00 283.00 285.00 287.00 290.00 291.00 JINDALSTEL 615.00 592.00 603.00 616.00 628.00 641.00 JPASSOCIAT 120.00 115.00 118.00 119.00 122.00 123.00 KOTAKBANK 754.00 717.00 736.00 747.00 766.00 777.00 LT 1640.00 1608.00 1624.00 1640.00 1656.00 1671.00 M&M 580.00 550.00 565.00 576.00 591.00 602.00 MARUTI 1315.00 1266.00 1291.00 1305.00 1330.00 1344.00 NTPC 200.00 195.00 197.00 200.00 202.00 205.00 ONGC 1179.00 1143.00 1161.00 1185.00 1202.00 1226.00 PNB 1003.00 970.00 987.00 998.00 1014.00 1025.00 POWERGRID 104.00 101.00 103.00 104.00 106.00 107.00 RANBAXY 423.00 412.00 417.00 422.00 427.00 431.00 RCOM 177.00 156.00 166.00 172.00 183.00 189.00 RELCAPITAL 666.00 643.00 655.00 664.00 676.00 685.00 RELIANCE 1008.00 993.00 1000.00 1008.00 1015.00 1023.00 RELINFRA 1083.00 1056.00 1070.00 1080.00 1093.00 1103.00 RPOWER 157.00 152.00 155.00 156.00 158.00 160.00 SAIL 193.00 188.00 191.00 194.00 197.00 201.00 SBIN 2287.00 2193.00 2240.00 2280.00 2327.00 2367.00 SIEMENS 684.00 673.00 679.00 686.00 692.00 699.00 STER 621.00 610.00 616.00 623.00 628.00 635.00 SUNPHARMA 1694.00 1647.00 1671.00 1687.00 1711.00 1727.00 SUZLON 55.00 52.00 53.00 54.00 55.00 56.00 TATAMOTORS 737.00 718.00 728.00 742.00 751.00 765.00 TATAPOWER 1222.00 1172.00 1197.00 1217.00 1242.00 1262.00 TATASTEEL 462.00 450.00 456.00 464.00 470.00 477.00 TCS 753.00 727.00 740.00 749.00 762.00 771.00 UNITECH 69.00 67.00 68.00 69.00 70.00 71.00 WIPRO 653.00 607.00 630.00 645.00 668.00 683.00 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.