The market summary document provides an overview of the performance of key stock market indices and sectors in India on a given date. It summarizes that the indices opened flat but saw rising momentum over the day, closing near high levels. It also lists the top 5 gaining and losing stocks as well as the best and worst performing sectors for the day. Individual stocks are also analyzed with buy/sell recommendations given based on technical indicators.

1. Date : 07/07/2010
Market Summary
Indices Top 5 Gainers Top 5 Losers Sectoral Watch
Nifty Sensex Stocks % Gain Stocks % Loss Sector %G/L
Open 5236 17403 SUNPHARMA 3.15 RCOM 1.70 METAL 1.88
High 5297 17643 TCS 2.89 RPOWER 1.55 CD 1.77
Low 5232 17396 HDFCBANK 2.47 PNB 1.18 BANKEX 1.73
Close 5289 17614 JINDALSTEL 2.39 JPASSOCIAT 1.03 IT 1.68
% Chg 1.02 0.99 M&M 2.37 ACC 1.03 TECK 1.39
Source : Falcon SENSEX DLY CHART
Markets opened on a flat note but witnessed a gradual rise in upside momentum during the day which led the
indices to close near days high. On the daily chart, we are observing that indices have taken support at 38.2
Fibonacci retracement level and bounced back to close well above it. In the coming trading session if indices trade
convincingly above 17645 / 5300 levels then it is likely to test 17814 / 5350 levels. On the downside, 17550 –
17500 / 5271 – 5262 may act support for the day.
Stocks +ve Bias Stocks -ve Bias
ROLTA
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. SBI
View: BULLISH Buy Range : Rs. 2300.00 - 2280.00 Closing Price: Rs.2312.80
*Stop Loss: Rs.2249.00 *Target: Rs.2400.00 R:R. 1 : 2.5
The stock has taken a support on
the upward sloping trendline and
the momentum oscillators are
positively poised. This suggests
further upside momentum.We
recommend buying the stock on
declines in the range of Rs.
2300.00 - 2280.00 with a stop
loss of 2249.00 for a target of
Rs.2400.00 in comming 6 - 8
days.
* Stop Losses, Targets and Time Frame are indicative and readers should use their discretion in following the same.
Stop Losses / Trailed Stop Losses should be strictly implemented in order to protect profits / reduce losses. Non
adherence to the same can lead to bigger losses at times.
For Private Circulation Only.

3. PIVOTS
Stocks Close S2 S1 Pivot R1 R2
SENSEX 17614.00 17304.00 17459.00 17551.00 17707.00 17799.00
NIFTY 5289.00 5207.00 5248.00 5273.00 5314.00 5339.00
ABB 864.00 858.00 861.00 863.00 866.00 867.00
ACC 856.00 845.00 850.00 859.00 864.00 873.00
AMBUJACEM 113.00 111.00 112.00 114.00 115.00 116.00
AXISBANK 1253.00 1227.00 1240.00 1249.00 1263.00 1272.00
BHARTIARTL 272.00 265.00 268.00 270.00 274.00 276.00
BHEL 2371.00 2341.00 2356.00 2370.00 2385.00 2399.00
BPCL 664.00 643.00 653.00 661.00 671.00 679.00
CAIRN 301.00 291.00 296.00 299.00 303.00 306.00
CIPLA 339.00 336.00 337.00 340.00 341.00 343.00
DLF 282.00 277.00 280.00 282.00 285.00 287.00
GAIL 465.00 459.00 462.00 465.00 468.00 472.00
HCLTECH 360.00 351.00 355.00 358.00 363.00 366.00
HDFC 2945.00 2914.00 2929.00 2941.00 2956.00 2968.00
HDFCBANK 1964.00 1888.00 1926.00 1948.00 1986.00 2008.00
HEROHONDA 2014.00 1988.00 2001.00 2016.00 2029.00 2045.00
HINDALCO 144.00 140.00 142.00 143.00 145.00 147.00
HINDUNILVR 267.00 264.00 266.00 267.00 269.00 270.00
ICICIBANK 859.00 830.00 844.00 853.00 868.00 876.00
IDEA 59.00 58.00 59.00 59.00 60.00 60.00
IDFC 182.00 179.00 180.00 181.00 183.00 184.00
INFOSYSTCH 2785.00 2720.00 2752.00 2776.00 2808.00 2832.00
ITC 303.00 300.00 302.00 302.00 304.00 305.00
JINDALSTEL 630.00 607.00 619.00 625.00 637.00 644.00
JPASSOCIAT 125.00 123.00 124.00 125.00 126.00 128.00
KOTAKBANK 766.00 752.00 759.00 764.00 771.00 776.00
LT 1800.00 1779.00 1789.00 1797.00 1808.00 1816.00
M&M 627.00 603.00 615.00 622.00 634.00 641.00
MARUTI 1392.00 1380.00 1386.00 1391.00 1397.00 1402.00
NTPC 201.00 199.00 200.00 201.00 202.00 203.00
ONGC 1293.00 1269.00 1281.00 1290.00 1302.00 1311.00
PNB 1075.00 1050.00 1062.00 1074.00 1087.00 1099.00
POWERGRID 102.00 101.00 102.00 102.00 102.00 103.00
RANBAXY 460.00 456.00 458.00 460.00 463.00 465.00
RCOM 182.00 178.00 180.00 183.00 185.00 188.00
RELCAPITAL 752.00 741.00 746.00 751.00 757.00 761.00
RELIANCE 1074.00 1057.00 1066.00 1074.00 1082.00 1090.00
RELINFRA 1193.00 1172.00 1183.00 1196.00 1206.00 1219.00
RPOWER 179.00 175.00 177.00 179.00 181.00 184.00
SAIL 194.00 188.00 191.00 193.00 195.00 197.00
SBIN 2313.00 2249.00 2281.00 2300.00 2332.00 2351.00
SIEMENS 725.00 713.00 719.00 722.00 729.00 732.00
STER 162.00 158.00 160.00 162.00 164.00 166.00
SUNPHARMA 1800.00 1709.00 1754.00 1782.00 1827.00 1854.00
SUZLON 58.00 57.00 58.00 58.00 58.00 59.00
TATAMOTORS 768.00 756.00 762.00 767.00 773.00 778.00
TATAPOWER 1314.00 1298.00 1306.00 1312.00 1320.00 1325.00
TATASTEEL 480.00 463.00 472.00 477.00 486.00 491.00
TCS 759.00 726.00 743.00 752.00 769.00 778.00
UNITECH 74.00 71.00 73.00 73.00 75.00 75.00
WIPRO 397.00 379.00 388.00 393.00 403.00 408.00
For Private Circulation Only.

4. 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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