The market summary provides an overview of the performance of key indices and sectors in the Indian market on 09/06/2010. The Nifty and Sensex opened flat but closed in the red, down 0.93% and 0.98% respectively. Top gainers were led by Siemens at 1.70% while top losers were led by Hindalco at 5.79%. Sectoral performances were mixed with realty and metal sectors down over 2% while FMCG was up 0.69%. The document provides analysis that if indices close below support levels, further declines are possible, but a bounce is also not ruled out as hourly charts show indices in oversold zones.

1. Date : 09/06/2010
Market Summary
Indices Top 5 Gainers Top 5 Losers Sectoral Watch
Nifty Sensex Stocks % Gain Stocks % Loss Sector %G/L
Open 5037 16761 SIEMENS 1.70 HINDALCO 5.79 REALTY (2.57)
High 5071 16896 TATAPOWER 1.42 RCOM 5.35 METAL (2.19)
Low 4967 16561 AXISBANK 1.30 BHARTIARTL 3.50 OIL&GAS (1.38)
Close 4987 16617 HDFC 1.27 ICICIBANK 3.02 TECK (1.37)
% Chg (0.93) (0.98) CIPLA 0.76 RPOWER 2.93 FMCG 0.69
Source : Falcon NIFTY DLY CHART
Market opened on a flat note, witnessed selling in the later half of the session to close in red. In the coming
trading session if indices trade convincingly below 16550 / 4960 levels then we could witness a violation of higher
top higher bottom formation and indices may test lower levels of 16373 - 16300 / 4900 – 4890 levels. On the flip
side a bounce from current levels 16695 – 16772 / 5000 – 5030 cannot be ruled out as the hourly charts are in an
oversold zone.
Stocks +ve Bias Stocks -ve Bias
HINDALCO
ICICI BANK
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 16617.00 16356.00 16487.00 16691.00 16822.00 17026.00
NIFTY 4987.00 4905.00 4946.00 5009.00 5050.00 5113.00
ABB 853.00 842.00 847.00 856.00 861.00 869.00
ACC 842.00 824.00 833.00 848.00 857.00 872.00
AMBUJACEM 115.00 113.00 114.00 115.00 116.00 117.00
AXISBANK 1226.00 1200.00 1213.00 1228.00 1241.00 1256.00
BHARTIARTL 258.00 248.00 253.00 262.00 267.00 276.00
BHEL 2277.00 2240.00 2258.00 2283.00 2301.00 2326.00
BPCL 544.00 525.00 534.00 546.00 555.00 566.00
CAIRN 288.00 279.00 284.00 291.00 296.00 303.00
CIPLA 324.00 318.00 321.00 324.00 327.00 331.00
DLF 257.00 247.00 252.00 260.00 265.00 273.00
GAIL 450.00 439.00 445.00 453.00 458.00 466.00
HCLTECH 365.00 356.00 360.00 369.00 374.00 382.00
HDFC 2702.00 2623.00 2663.00 2707.00 2747.00 2792.00
HDFCBANK 1863.00 1827.00 1845.00 1871.00 1889.00 1915.00
HEROHONDA 1931.00 1872.00 1902.00 1953.00 1982.00 2034.00
HINDALCO 132.00 124.00 128.00 135.00 139.00 146.00
HINDUNILVR 251.00 239.00 245.00 251.00 257.00 263.00
ICICIBANK 818.00 794.00 806.00 825.00 837.00 857.00
IDEA 53.00 51.00 52.00 54.00 55.00 56.00
IDFC 162.00 157.00 159.00 163.00 165.00 169.00
INFOSYSTCH 2655.00 2623.00 2639.00 2664.00 2680.00 2705.00
ITC 290.00 284.00 287.00 290.00 293.00 296.00
JINDALSTEL 613.00 597.00 605.00 616.00 624.00 635.00
JPASSOCIAT 120.00 115.00 117.00 120.00 123.00 126.00
KOTAKBANK 740.00 719.00 730.00 746.00 756.00 773.00
LT 1627.00 1599.00 1613.00 1633.00 1648.00 1668.00
M&M 571.00 559.00 565.00 576.00 581.00 592.00
MARUTI 1294.00 1255.00 1275.00 1306.00 1326.00 1357.00
NTPC 200.00 197.00 199.00 200.00 202.00 203.00
ONGC 1164.00 1146.00 1155.00 1165.00 1174.00 1184.00
PNB 1004.00 991.00 998.00 1006.00 1013.00 1021.00
POWERGRID 103.00 101.00 102.00 104.00 104.00 106.00
RANBAXY 415.00 405.00 410.00 419.00 424.00 432.00
RCOM 168.00 159.00 163.00 171.00 175.00 183.00
RELCAPITAL 657.00 629.00 643.00 665.00 679.00 700.00
RELIANCE 996.00 984.00 990.00 1001.00 1008.00 1019.00
RELINFRA 1058.00 1017.00 1037.00 1068.00 1088.00 1118.00
RPOWER 152.00 146.00 149.00 153.00 156.00 161.00
SAIL 189.00 181.00 185.00 191.00 195.00 200.00
SBIN 2284.00 2232.00 2258.00 2295.00 2321.00 2357.00
SIEMENS 694.00 668.00 681.00 693.00 706.00 718.00
STER 609.00 588.00 599.00 615.00 626.00 642.00
SUNPHARMA 1687.00 1659.00 1673.00 1689.00 1704.00 1720.00
SUZLON 54.00 52.00 53.00 54.00 55.00 56.00
TATAMOTORS 736.00 716.00 726.00 741.00 751.00 767.00
TATAPOWER 1243.00 1205.00 1224.00 1241.00 1260.00 1277.00
TATASTEEL 451.00 438.00 445.00 456.00 463.00 474.00
TCS 750.00 738.00 744.00 753.00 759.00 768.00
UNITECH 67.00 65.00 66.00 68.00 69.00 71.00
WIPRO 642.00 629.00 636.00 647.00 654.00 666.00
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
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