The market indices opened flat but ended in the red. Key gainers were SAIL, RCOM, HDFC, SUNPHARMA and GAIL, while major losers were TCS, ITC, HINDUNILVR, HINDALCO and IDEA. FMCG and IT sectors saw losses while healthcare saw gains. Technical indicators suggest the indices may test lower support levels if they trade below given thresholds, but a bounce back is also possible. Key stocks with positive bias included RCOM and NTPC, while negative bias stocks were HINDALCO and IBREALEST.

1. Date : 01/04/2010
Market Summary
Indices Top 5 Gainers Top 5 Losers Sectoral Watch
Nifty Sensex Stocks % Gain Stocks % Loss Sector %G/L
Open 5260.00 17062.00 SAIL 3.62 TCS 2.56 FMCG (1.36)
High 5294.00 17700.00 RCOM 3.24 ITC 1.95 IT (1.18)
Low 5235.00 17488.00 HDFC 2.91 HINDUNILVR 1.57 TECK (0.76)
Close 5249.00 17528.00 SUNPHARMA 2.38 HINDALCO 1.44 CD (0.64)
% Chg (0.25) (0.35) GAIL 2.19 IDEA 1.43 HC 0.74
Source : Falcon NIFTY DAILY CHART
Markets opened on a flat note, witnessed a rally in the first hour of the session which was short lived that led the
indices to close in red. On the daily charts the momentum oscillators viz. the RSI and the Stochastic are still
negatively poised. If indices trade below 17488 / 5235 levels then they are likely to test 17383 - 17244 / 5200 -
5160 levels. However, a bounce to 17604 – 17676 / 5270 – 5293 levels cannot be ruled out.
Stocks +ve Bias Stocks -ve Bias
RCOM HINDALCO
NTPC LTD IBREALEST
For Private Circulation Only.

2. PIVOTS
Stocks Close S2 S1 Pivot R1 R2
SENSEX 17528.00 17361.00 17444.00 17572.00 17655.00 17783.00
NIFTY 5249.00 5201.00 5225.00 5259.00 5284.00 5318.00
ABB 830.00 821.00 825.00 830.00 835.00 840.00
ACC 951.00 934.00 943.00 953.00 962.00 973.00
AMBUJACEM 120.00 117.00 119.00 120.00 121.00 122.00
AXISBANK 1168.00 1149.00 1159.00 1172.00 1181.00 1194.00
BHARTIARTL 313.00 300.00 306.00 313.00 319.00 326.00
BHEL 2391.00 2336.00 2363.00 2399.00 2426.00 2462.00
BPCL 518.00 503.00 510.00 518.00 526.00 534.00
CAIRN 306.00 293.00 299.00 304.00 310.00 314.00
CIPLA 338.00 330.00 334.00 338.00 342.00 346.00
DLF 309.00 303.00 306.00 311.00 314.00 319.00
GAIL 411.00 396.00 403.00 408.00 415.00 419.00
GRASIM 2815.00 2780.00 2798.00 2808.00 2826.00 2836.00
HCLTECH 358.00 345.00 351.00 358.00 365.00 372.00
HDFC 2717.00 2571.00 2644.00 2689.00 2762.00 2807.00
HDFCBANK 1934.00 1879.00 1906.00 1925.00 1952.00 1970.00
HEROHONDA 1944.00 1876.00 1910.00 1970.00 2004.00 2064.00
HINDALCO 181.00 176.00 179.00 182.00 185.00 188.00
HINDUNILVR 240.00 236.00 238.00 240.00 242.00 244.00
ICICIBANK 953.00 935.00 944.00 957.00 966.00 979.00
IDEA 66.00 64.00 65.00 66.00 67.00 68.00
IDFC 161.00 158.00 160.00 161.00 163.00 164.00
INFOSYSTCH 2616.00 2563.00 2589.00 2633.00 2660.00 2703.00
ITC 263.00 257.00 260.00 265.00 268.00 273.00
JINDALSTEL 703.00 682.00 693.00 705.00 715.00 727.00
JPASSOCIAT 150.00 147.00 148.00 150.00 151.00 153.00
LT 1631.00 1602.00 1616.00 1631.00 1645.00 1659.00
M&M 541.00 519.00 530.00 545.00 556.00 570.00
MARUTI 1418.00 1322.00 1370.00 1397.00 1445.00 1471.00
NTPC 207.00 201.00 204.00 206.00 209.00 212.00
ONGC 1099.00 1077.00 1088.00 1099.00 1110.00 1122.00
PNB 1013.00 984.00 999.00 1008.00 1022.00 1032.00
POWERGRID 107.00 104.00 106.00 107.00 108.00 109.00
RANBAXY 475.00 469.00 472.00 477.00 480.00 485.00
RCOM 170.00 160.00 165.00 170.00 174.00 179.00
RELCAPITAL 756.00 745.00 750.00 759.00 764.00 773.00
RELIANCE 1074.00 1056.00 1065.00 1080.00 1089.00 1104.00
RELINFRA 999.00 984.00 991.00 1003.00 1010.00 1021.00
RPOWER 149.00 147.00 148.00 150.00 151.00 153.00
SAIL 253.00 240.00 246.00 250.00 256.00 260.00
SBIN 2078.00 2058.00 2068.00 2083.00 2094.00 2109.00
SIEMENS 740.00 732.00 736.00 740.00 745.00 749.00
STER 850.00 830.00 840.00 848.00 858.00 866.00
SUNPHARMA 1792.00 1732.00 1762.00 1780.00 1810.00 1828.00
SUZLON 72.00 71.00 71.00 72.00 73.00 73.00
TATAMOTORS 758.00 743.00 750.00 758.00 766.00 774.00
TATAPOWER 1374.00 1338.00 1356.00 1373.00 1391.00 1408.00
TATASTEEL 632.00 619.00 626.00 633.00 639.00 646.00
TCS 781.00 758.00 770.00 788.00 800.00 818.00
UNITECH 74.00 72.00 73.00 73.00 74.00 75.00
WIPRO 707.00 695.00 701.00 705.00 711.00 716.00
For Private Circulation Only.

3. RESEARCH TEAM
Shardul Kulkarni Head - Technicals
Ajit Joshi AVP - TAS
Brijesh Ail Manager - TAS
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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