1. Date : 24/05/2010
Market Summary
Indices Top 5 Gainers Top 5 Losers Sectoral Watch
Nifty Sensex Stocks % Gain Stocks % Loss Sector %G/L
Open 4947 16318 M&M 3.70 NTPC 3.94 POWER (1.73)
High 4947 16487 ITC 2.90 HINDALCO 3.29 REALTY (1.65)
Low 4842 16187 GAIL 2.80 HINDUNILVR 3.21 CG (1.50)
Close 4931 16446 MARUTI 2.63 TATAPOWER 2.35 HC (1.18)
% Chg (0.33) (0.45) BHARTIARTL 2.52 SIEMENS 2.27 AUTO 0.58
Source : Falcon NIFTY DLY CHART
As the market approaches the F&O expiry, we expect volatile movement going forward. Since the daily charts are
in an oversold zone, once indices trade above 16500 / 4950 levels, a bounce up to 16788 – 16840 / 5025 – 5050
levels can be expected. On the downside if 16150 / 4800 level is breached in the latter part of the week, selling
pressure may intensify and indices may test lower levels of 15800- 15650 / 4725 – 4675.
.
Stocks +ve Bias Stocks -ve Bias
REC LTD YES BANK
GAIL
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 16446.00 16073.00 16260.00 16373.00 16559.00 16673.00
NIFTY 4931.00 4802.00 4867.00 4907.00 4971.00 5011.00
ABB 828.00 811.00 819.00 825.00 833.00 838.00
ACC 863.00 809.00 836.00 852.00 879.00 895.00
AMBUJACEM 106.00 101.00 103.00 106.00 108.00 110.00
AXISBANK 1216.00 1154.00 1185.00 1204.00 1235.00 1254.00
BHARTIARTL 266.00 247.00 256.00 262.00 272.00 277.00
BHEL 2289.00 2232.00 2260.00 2282.00 2310.00 2332.00
BPCL 559.00 536.00 547.00 554.00 566.00 572.00
CAIRN 278.00 261.00 269.00 277.00 285.00 293.00
CIPLA 317.00 305.00 311.00 317.00 323.00 330.00
DLF 269.00 257.00 263.00 267.00 273.00 276.00
GAIL 454.00 423.00 438.00 448.00 463.00 472.00
HCLTECH 367.00 340.00 354.00 363.00 377.00 386.00
HDFC 2710.00 2613.00 2661.00 2700.00 2749.00 2787.00
HDFCBANK 1827.00 1777.00 1802.00 1826.00 1851.00 1875.00
HEROHONDA 1855.00 1805.00 1830.00 1847.00 1872.00 1888.00
HINDALCO 152.00 146.00 149.00 151.00 154.00 157.00
HINDUNILVR 231.00 224.00 227.00 233.00 236.00 242.00
ICICIBANK 835.00 795.00 815.00 827.00 847.00 859.00
IDEA 52.00 50.00 51.00 52.00 53.00 54.00
IDFC 152.00 146.00 149.00 151.00 154.00 157.00
INFOSYSTCH 2582.00 2533.00 2557.00 2583.00 2607.00 2632.00
ITC 271.00 251.00 261.00 268.00 278.00 285.00
JINDALSTEL 635.00 594.00 614.00 627.00 647.00 660.00
JPASSOCIAT 118.00 103.00 110.00 115.00 123.00 128.00
KOTAKBANK 740.00 707.00 724.00 742.00 758.00 776.00
LT 1609.00 1573.00 1591.00 1610.00 1628.00 1648.00
M&M 538.00 492.00 515.00 528.00 552.00 565.00
MARUTI 1239.00 1143.00 1191.00 1218.00 1266.00 1293.00
NTPC 196.00 190.00 193.00 199.00 202.00 207.00
ONGC 1095.00 992.00 1044.00 1085.00 1137.00 1178.00
PNB 990.00 974.00 982.00 989.00 998.00 1005.00
POWERGRID 103.00 99.00 101.00 103.00 105.00 106.00
RANBAXY 417.00 396.00 406.00 418.00 428.00 440.00
RCOM 133.00 130.00 132.00 133.00 135.00 136.00
RELCAPITAL 642.00 597.00 620.00 634.00 656.00 670.00
RELIANCE 996.00 967.00 981.00 991.00 1005.00 1014.00
RELINFRA 989.00 939.00 964.00 981.00 1006.00 1022.00
RPOWER 139.00 131.00 135.00 137.00 141.00 144.00
SAIL 203.00 191.00 197.00 201.00 206.00 210.00
SBIN 2271.00 2184.00 2228.00 2254.00 2297.00 2324.00
SIEMENS 661.00 644.00 652.00 662.00 671.00 680.00
STER 642.00 611.00 627.00 637.00 652.00 663.00
SUNPHARMA 1546.00 1502.00 1524.00 1542.00 1564.00 1582.00
SUZLON 59.00 55.00 57.00 58.00 60.00 61.00
TATAMOTORS 710.00 662.00 686.00 700.00 724.00 738.00
TATAPOWER 1260.00 1218.00 1239.00 1274.00 1295.00 1329.00
TATASTEEL 509.00 477.00 493.00 503.00 519.00 529.00
TCS 719.00 669.00 694.00 710.00 735.00 751.00
UNITECH 69.00 59.00 64.00 67.00 72.00 75.00
WIPRO 642.00 617.00 629.00 639.00 651.00 661.00
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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