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Technical Report

                                                                                             Date : 18/08/2010

                                                Market Summary
                   Indices                 Top 5 Gainers            Top 5 Losers               Sectoral Watch
                  Nifty      Sensex       Stocks   % Gain      Stocks     % Loss            Sector            %G/L
Open                5422       18049      BPCL      2.85       SUZLON       2.29            BANKEX              0.95
High                5444       18140      HINDALCO  2.55       IDEA         1.80            REALTY              0.23
Low                 5409       18026      RANBAXY   2.24       HINDUNILVR   1.65            PSU                 0.22
Close               5414       18049      HDFCBANK  1.92       RELINFRA     1.21            CG                 (0.29)
% Chg                 (0.08)     (0.01)   PNB       1.79       STER         1.09            IT                 (0.33)




Source : Falcon                                                                                        SENSEX DLY CHART
Market opened flat, traded with choppiness and finally closed marginally in red. On the daily chart, we are
witnessing a narrow range body formation which indicates indecisiveness prevailing at current levels. In coming
trading session if indices trade and close above 18141 / 5444 level then it is likely to test 18220 โ€“ 18300 / 5470 โ€“
5500 levels. On the downside 17990 - 17915 / 5400 - 5370 level may act as support for the day.




                      Stocks +ve Bias                                                Stocks -ve Bias
                        NEYVELI LIG                                                    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.
Technical Report

                                                    PIVOTS
      Stocks              Close         S2             S1          Pivot           R1          R2
SENSEX                      18049.00    17958.00       18003.00     18072.00       18117.00    18186.00
NIFTY                        5414.00     5387.00        5401.00       5422.00       5436.00     5457.00
ABB                           769.00       757.00         763.00       771.00         777.00      784.00
ACC                           837.00       827.00         832.00       839.00         844.00      852.00
AMBUJACEM                     114.00       112.00         113.00       115.00         116.00      118.00
AXISBANK                     1331.00     1312.00        1322.00       1333.00       1342.00     1353.00
BHARTIARTL                    316.00       310.00         313.00       317.00         320.00      324.00
BHEL                         2475.00     2449.00        2462.00       2477.00       2490.00     2505.00
BPCL                          673.00       648.00         661.00       670.00         683.00      692.00
CAIRN                         338.00       315.00         327.00       343.00         354.00      370.00
CIPLA                         304.00       299.00         302.00       306.00         308.00      313.00
DLF                           318.00       312.00         315.00       319.00         323.00      327.00
GAIL                          451.00       442.00         447.00       453.00         458.00      465.00
HCLTECH                       396.00       386.00         391.00       400.00         405.00      414.00
HDFC                         3009.00     2929.00        2969.00       3000.00       3040.00     3071.00
HDFCBANK                     2121.00     2058.00        2089.00       2113.00       2144.00     2168.00
HEROHONDA                    1905.00     1884.00        1894.00       1904.00       1915.00     1924.00
HINDALCO                      168.00       162.00         165.00       167.00         170.00      172.00
HINDUNILVR                    266.00       260.00         263.00       267.00         270.00      274.00
ICICIBANK                     959.00       943.00         951.00       960.00         968.00      978.00
IDEA                            71.00       70.00          70.00         71.00         72.00       73.00
IDFC                          181.00       179.00         180.00       181.00         182.00      184.00
INFOSYSTCH                   2751.00     2706.00        2728.00       2752.00       2775.00     2799.00
ITC                           160.00       155.00         157.00       159.00         161.00      162.00
JINDALSTEL                    661.00       648.00         654.00       666.00         672.00      683.00
JPASSOCIAT                    117.00       115.00         116.00       118.00         119.00      121.00
KOTAKBANK                     833.00       812.00         823.00       834.00         844.00      855.00
LT                           1774.00     1751.00        1762.00       1780.00       1792.00     1810.00
M&M                           620.00       607.00         614.00       622.00         628.00      636.00
MARUTI                       1254.00     1234.00        1244.00       1255.00       1265.00     1277.00
NTPC                          195.00       192.00         193.00       195.00         197.00      199.00
ONGC                         1259.00     1232.00        1245.00       1260.00       1274.00     1289.00
PNB                          1189.00     1145.00        1167.00       1185.00       1207.00     1226.00
POWERGRID                     105.00       103.00         104.00       106.00         107.00      108.00
RANBAXY                       455.00       438.00         447.00       452.00         461.00      466.00
RCOM                          166.00       161.00         163.00       165.00         168.00      170.00
RELCAPITAL                    747.00       732.00         739.00       748.00         755.00      764.00
RELIANCE                      971.00       960.00         965.00       975.00         980.00      990.00
RELINFRA                     1033.00     1012.00        1022.00       1039.00       1049.00     1066.00
RPOWER                        154.00       151.00         152.00       154.00         155.00      157.00
SAIL                          190.00       186.00         188.00       190.00         192.00      193.00
SBIN                         2818.00     2784.00        2801.00       2829.00       2846.00     2873.00
SIEMENS                       708.00       697.00         703.00       708.00         714.00      719.00
STER                          159.00       153.00         156.00       160.00         163.00      166.00
SUNPHARMA                    1707.00     1686.00        1696.00       1710.00       1721.00     1735.00
SUZLON                          51.00       50.00          50.00         52.00         52.00       54.00
TATAMOTORS                   1007.00       987.00         997.00      1008.00       1018.00     1029.00
TATAPOWER                    1311.00     1233.00        1272.00       1296.00       1335.00     1360.00
TATASTEEL                     514.00       504.00         509.00       516.00         521.00      529.00
TCS                           850.00       835.00         842.00       852.00         859.00      869.00
UNITECH                         85.00       83.00          84.00         86.00         87.00       88.00
WIPRO                         412.00       405.00         408.00       413.00         417.00      422.00


     For Private Circulation Only.
Technical Report

                                                                  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
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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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Technical Report - August 18, 2010

  • 1. Technical Report Date : 18/08/2010 Market Summary Indices Top 5 Gainers Top 5 Losers Sectoral Watch Nifty Sensex Stocks % Gain Stocks % Loss Sector %G/L Open 5422 18049 BPCL 2.85 SUZLON 2.29 BANKEX 0.95 High 5444 18140 HINDALCO 2.55 IDEA 1.80 REALTY 0.23 Low 5409 18026 RANBAXY 2.24 HINDUNILVR 1.65 PSU 0.22 Close 5414 18049 HDFCBANK 1.92 RELINFRA 1.21 CG (0.29) % Chg (0.08) (0.01) PNB 1.79 STER 1.09 IT (0.33) Source : Falcon SENSEX DLY CHART Market opened flat, traded with choppiness and finally closed marginally in red. On the daily chart, we are witnessing a narrow range body formation which indicates indecisiveness prevailing at current levels. In coming trading session if indices trade and close above 18141 / 5444 level then it is likely to test 18220 โ€“ 18300 / 5470 โ€“ 5500 levels. On the downside 17990 - 17915 / 5400 - 5370 level may act as support for the day. Stocks +ve Bias Stocks -ve Bias NEYVELI LIG 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. Technical Report PIVOTS Stocks Close S2 S1 Pivot R1 R2 SENSEX 18049.00 17958.00 18003.00 18072.00 18117.00 18186.00 NIFTY 5414.00 5387.00 5401.00 5422.00 5436.00 5457.00 ABB 769.00 757.00 763.00 771.00 777.00 784.00 ACC 837.00 827.00 832.00 839.00 844.00 852.00 AMBUJACEM 114.00 112.00 113.00 115.00 116.00 118.00 AXISBANK 1331.00 1312.00 1322.00 1333.00 1342.00 1353.00 BHARTIARTL 316.00 310.00 313.00 317.00 320.00 324.00 BHEL 2475.00 2449.00 2462.00 2477.00 2490.00 2505.00 BPCL 673.00 648.00 661.00 670.00 683.00 692.00 CAIRN 338.00 315.00 327.00 343.00 354.00 370.00 CIPLA 304.00 299.00 302.00 306.00 308.00 313.00 DLF 318.00 312.00 315.00 319.00 323.00 327.00 GAIL 451.00 442.00 447.00 453.00 458.00 465.00 HCLTECH 396.00 386.00 391.00 400.00 405.00 414.00 HDFC 3009.00 2929.00 2969.00 3000.00 3040.00 3071.00 HDFCBANK 2121.00 2058.00 2089.00 2113.00 2144.00 2168.00 HEROHONDA 1905.00 1884.00 1894.00 1904.00 1915.00 1924.00 HINDALCO 168.00 162.00 165.00 167.00 170.00 172.00 HINDUNILVR 266.00 260.00 263.00 267.00 270.00 274.00 ICICIBANK 959.00 943.00 951.00 960.00 968.00 978.00 IDEA 71.00 70.00 70.00 71.00 72.00 73.00 IDFC 181.00 179.00 180.00 181.00 182.00 184.00 INFOSYSTCH 2751.00 2706.00 2728.00 2752.00 2775.00 2799.00 ITC 160.00 155.00 157.00 159.00 161.00 162.00 JINDALSTEL 661.00 648.00 654.00 666.00 672.00 683.00 JPASSOCIAT 117.00 115.00 116.00 118.00 119.00 121.00 KOTAKBANK 833.00 812.00 823.00 834.00 844.00 855.00 LT 1774.00 1751.00 1762.00 1780.00 1792.00 1810.00 M&M 620.00 607.00 614.00 622.00 628.00 636.00 MARUTI 1254.00 1234.00 1244.00 1255.00 1265.00 1277.00 NTPC 195.00 192.00 193.00 195.00 197.00 199.00 ONGC 1259.00 1232.00 1245.00 1260.00 1274.00 1289.00 PNB 1189.00 1145.00 1167.00 1185.00 1207.00 1226.00 POWERGRID 105.00 103.00 104.00 106.00 107.00 108.00 RANBAXY 455.00 438.00 447.00 452.00 461.00 466.00 RCOM 166.00 161.00 163.00 165.00 168.00 170.00 RELCAPITAL 747.00 732.00 739.00 748.00 755.00 764.00 RELIANCE 971.00 960.00 965.00 975.00 980.00 990.00 RELINFRA 1033.00 1012.00 1022.00 1039.00 1049.00 1066.00 RPOWER 154.00 151.00 152.00 154.00 155.00 157.00 SAIL 190.00 186.00 188.00 190.00 192.00 193.00 SBIN 2818.00 2784.00 2801.00 2829.00 2846.00 2873.00 SIEMENS 708.00 697.00 703.00 708.00 714.00 719.00 STER 159.00 153.00 156.00 160.00 163.00 166.00 SUNPHARMA 1707.00 1686.00 1696.00 1710.00 1721.00 1735.00 SUZLON 51.00 50.00 50.00 52.00 52.00 54.00 TATAMOTORS 1007.00 987.00 997.00 1008.00 1018.00 1029.00 TATAPOWER 1311.00 1233.00 1272.00 1296.00 1335.00 1360.00 TATASTEEL 514.00 504.00 509.00 516.00 521.00 529.00 TCS 850.00 835.00 842.00 852.00 859.00 869.00 UNITECH 85.00 83.00 84.00 86.00 87.00 88.00 WIPRO 412.00 405.00 408.00 413.00 417.00 422.00 For Private Circulation Only.
  • 3. Technical Report 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.