The technical report provides a daily market summary for July 16, 2010. Key details include: - Indian indices Nifty and Sensex opened lower and closed marginally lower, down 0.14% and 0.16% respectively. - Top gainers were Axis Bank, RelCapital, and Hindustan Unilever, while top losers were BPCL, Gail, and Unitech. - Sectoral performances were mixed with PSU and oil & gas sectors declining while consumer discretionary rose. - The report analyzes chart patterns and provides outlook and support/resistance levels for the indices. Pivot points are given for various stocks.

1. Technical Report
Date : 16/07/2010
Market Summary
Indices Top 5 Gainers Top 5 Losers Sectoral Watch
Nifty Sensex Stocks % Gain Stocks % Loss Sector %G/L
Open 5387 17875 AXIS BANK 2.45 BPCL 5.79 PSU (0.96)
High 5399 17979 RELCAPITAL 2.12 GAIL 2.44 OIL&GAS (0.76)
Low 5361 17859 HINDUNILVR 2.06 UNITECH 1.80 REALTY (0.74)
Close 5379 17909 SAIL 1.77 ONGC 1.76 CG (0.43)
% Chg (0.14) (0.16) KOTAKBANK 1.67 RCOM 1.64 CD 0.93
Source : Falcon SENSEX DLY CHART
Markets opened lower and traded in a narrow range throughout the day to close marginally in red. On the daily
charts we are observing a narrow range body formation which indicates indecisiveness prevailing at current
levels. At present there is no apparent weakness on the charts but just a consolidation of the previous rise.
Hence, in the coming trading session if indices trade above 17978 / 5400 levels then it is likely to test 18024 –
18167 / 5400 – 5450 levels. On the downside, 17871 – 17780 / 5360-5340 levels may act as support for the day.
Stocks +ve Bias Stocks -ve Bias
DCHL
SKUMAR
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 17909.00 17796.00 17853.00 17916.00 17972.00 18035.00
NIFTY 5379.00 5341.00 5360.00 5380.00 5398.00 5418.00
ABB 870.00 862.00 866.00 870.00 874.00 877.00
ACC 809.00 791.00 800.00 809.00 819.00 828.00
AMBUJACEM 110.00 109.00 110.00 110.00 111.00 112.00
AXISBANK 1350.00 1301.00 1325.00 1340.00 1365.00 1380.00
BHARTIARTL 298.00 291.00 295.00 300.00 303.00 308.00
BHEL 2439.00 2404.00 2421.00 2444.00 2461.00 2483.00
BPCL 656.00 613.00 635.00 669.00 691.00 726.00
CAIRN 313.00 307.00 310.00 314.00 317.00 321.00
CIPLA 328.00 320.00 324.00 329.00 333.00 338.00
DLF 319.00 309.00 314.00 318.00 322.00 326.00
GAIL 448.00 434.00 441.00 452.00 460.00 471.00
HCLTECH 358.00 355.00 356.00 358.00 359.00 361.00
HDFC 3045.00 2989.00 3017.00 3053.00 3081.00 3117.00
HDFCBANK 2063.00 2034.00 2048.00 2069.00 2083.00 2104.00
HEROHONDA 1977.00 1950.00 1964.00 1980.00 1994.00 2010.00
HINDALCO 151.00 148.00 149.00 151.00 152.00 153.00
HINDUNILVR 263.00 255.00 259.00 262.00 266.00 268.00
ICICIBANK 882.00 864.00 873.00 887.00 896.00 910.00
IDEA 64.00 62.00 63.00 64.00 65.00 66.00
IDFC 191.00 182.00 187.00 190.00 194.00 197.00
INFOSYSTCH 2760.00 2723.00 2741.00 2759.00 2777.00 2795.00
ITC 300.00 297.00 299.00 300.00 301.00 303.00
JINDALSTEL 630.00 622.00 626.00 630.00 634.00 638.00
JPASSOCIAT 129.00 128.00 128.00 129.00 130.00 131.00
KOTAKBANK 761.00 746.00 754.00 761.00 768.00 775.00
LT 1874.00 1850.00 1862.00 1880.00 1892.00 1909.00
M&M 616.00 604.00 610.00 615.00 622.00 627.00
MARUTI 1375.00 1343.00 1359.00 1387.00 1403.00 1431.00
NTPC 199.00 197.00 198.00 199.00 200.00 201.00
ONGC 1237.00 1208.00 1222.00 1247.00 1261.00 1285.00
PNB 1062.00 1038.00 1050.00 1059.00 1072.00 1081.00
POWERGRID 101.00 100.00 100.00 101.00 101.00 102.00
RANBAXY 450.00 439.00 445.00 450.00 455.00 460.00
RCOM 184.00 181.00 182.00 184.00 186.00 188.00
RELCAPITAL 801.00 771.00 786.00 797.00 811.00 822.00
RELIANCE 1073.00 1061.00 1067.00 1074.00 1080.00 1087.00
RELINFRA 1150.00 1124.00 1137.00 1149.00 1162.00 1174.00
RPOWER 175.00 173.00 174.00 176.00 177.00 179.00
SAIL 201.00 192.00 196.00 199.00 204.00 206.00
SBIN 2440.00 2410.00 2425.00 2449.00 2464.00 2488.00
SIEMENS 740.00 725.00 733.00 741.00 748.00 757.00
STER 166.00 164.00 165.00 167.00 168.00 169.00
SUNPHARMA 1748.00 1703.00 1725.00 1753.00 1775.00 1803.00
SUZLON 60.00 59.00 59.00 60.00 61.00 62.00
TATAMOTORS 810.00 783.00 796.00 804.00 817.00 825.00
TATAPOWER 1342.00 1323.00 1332.00 1339.00 1349.00 1356.00
TATASTEEL 513.00 501.00 507.00 512.00 518.00 523.00
TCS 782.00 758.00 770.00 777.00 790.00 797.00
UNITECH 82.00 80.00 81.00 82.00 83.00 84.00
WIPRO 402.00 394.00 398.00 401.00 405.00 408.00
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
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