SlideShare a Scribd company logo
1 of 3
Download to read offline
Technical Report

                                                                                            Date : 13/09/2010

                                               Market Summary
                   Indices               Top 5 Gainers             Top 5 Losers                Sectoral Watch
                  Nifty     Sensex      Stocks    % Gain       Stocks     % Loss            Sector           %G/L
Open                5608      18669     M&M        3.20        POWERGRID    1.74            BANKEX             2.19
High                5647      18823     HDFCBANK   3.05        TATAMOTORS   1.73            CG                 0.82
Low                 5608      18669     SBIN       2.57        RELINFRA     1.63            PSU                0.74
Close               5640      18800     TATASTEEL  2.19        RANBAXY      1.40            CD                 0.59
% Chg                  0.57      0.71   KOTAKBANK 2.06         ITC          1.25            OIL&GAS           (0.27)




Source : Falcon                                                                                       SENSEX DLY CHART
The coming week is likely to trade with positive bias. On the upside, we maintain our view that the indices are
likely to test 18900 – 19050 / 5700 – 5750 levels in a couple of weeks or could even extend the gains beyond our
targets levels as markets may witness a dynamic up-move. On the downside, 18440 – 18321 / 5530 – 5500
levels may act as support for the markets.

Traders with long positions in the range of 5470 – 5400 levels are advised to trail their stop loss to 5460
levels and hold their long positions for the mentioned target levels.




                      Stocks +ve Bias                                               Stocks -ve Bias
                        HDFCBANK                                                       SESAGOA
                       KOTAKBANK



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                      18800.00    18610.00       18705.00     18764.00       18859.00    18918.00
NIFTY                        5640.00     5593.00        5616.00       5632.00       5656.00     5671.00
ABB                           785.00       778.00         782.00       785.00         788.00      791.00
ACC                           981.00       961.00         971.00       981.00         991.00    1000.00
AMBUJACEM                     137.00       133.00         135.00       137.00         138.00      140.00
AXISBANK                     1379.00     1355.00        1367.00       1380.00       1392.00     1404.00
BHARTIARTL                    350.00       342.00         346.00       352.00         356.00      362.00
BHEL                         2477.00     2428.00        2453.00       2468.00       2492.00     2507.00
BPCL                          751.00       740.00         745.00       754.00         759.00      768.00
CAIRN                         326.00       322.00         324.00       328.00         331.00      335.00
CIPLA                         307.00       300.00         303.00       308.00         311.00      316.00
DLF                           322.00       316.00         319.00       321.00         324.00      327.00
GAIL                          462.00       452.00         457.00       463.00         468.00      474.00
HCLTECH                       410.00       401.00         405.00       408.00         413.00      416.00
HDFC                          630.00       621.00         626.00       630.00         635.00      639.00
HDFCBANK                     2245.00     2159.00        2202.00       2226.00       2269.00     2293.00
HEROHONDA                    1733.00     1694.00        1713.00       1726.00       1746.00     1759.00
HINDALCO                      182.00       175.00         179.00       181.00         185.00      188.00
HINDUNILVR                    279.00       270.00         275.00       279.00         284.00      288.00
ICICIBANK                    1050.00     1024.00        1037.00       1045.00       1059.00     1067.00
IDEA                            77.00       74.00          76.00         77.00         78.00       79.00
IDFC                          189.00       183.00         186.00       188.00         192.00      194.00
INFOSYSTCH                   2895.00     2842.00        2869.00       2884.00       2911.00     2926.00
ITC                           162.00       159.00         161.00       163.00         165.00      167.00
JINDALSTEL                    715.00       703.00         709.00       714.00         720.00      726.00
JPASSOCIAT                    120.00       117.00         118.00       119.00         121.00      122.00
KOTAKBANK                     865.00       843.00         854.00       861.00         872.00      879.00
LT                           1882.00     1848.00        1865.00       1875.00       1892.00     1902.00
M&M                           656.00       630.00         643.00       650.00         663.00      671.00
MARUTI                       1315.00     1301.00        1308.00       1314.00       1321.00     1328.00
NTPC                          203.00       193.00         198.00       201.00         205.00      208.00
ONGC                         1356.00     1323.00        1339.00       1349.00       1366.00     1376.00
PNB                          1222.00     1198.00        1210.00       1227.00       1239.00     1256.00
POWERGRID                     105.00       102.00         103.00       105.00         106.00      108.00
RANBAXY                       506.00       498.00         502.00       508.00         513.00      519.00
RCOM                          164.00       160.00         162.00       164.00         165.00      167.00
RELCAPITAL                    782.00       771.00         776.00       781.00         786.00      790.00
RELIANCE                      959.00       948.00         953.00       960.00         965.00      972.00
RELINFRA                     1011.00       990.00       1001.00       1018.00       1028.00     1046.00
RPOWER                        155.00       153.00         154.00       156.00         157.00      159.00
SAIL                          200.00       196.00         198.00       200.00         202.00      204.00
SBIN                         2984.00     2861.00        2923.00       2959.00       3020.00     3056.00
SIEMENS                       710.00       692.00         701.00       708.00         718.00      725.00
STER                          166.00       161.00         163.00       166.00         168.00      171.00
SUNPHARMA                    1746.00     1720.00        1733.00       1754.00       1767.00     1788.00
SUZLON                          51.00       51.00          51.00         52.00         52.00       53.00
TATAMOTORS                   1015.00       988.00       1001.00       1022.00       1036.00     1057.00
TATAPOWER                    1260.00     1230.00        1245.00       1270.00       1285.00     1310.00
TATASTEEL                     594.00       567.00         580.00       588.00         602.00      610.00
TCS                           875.00       865.00         870.00       876.00         881.00      887.00
UNITECH                         82.00       80.00          81.00         82.00         83.00       84.00
WIPRO                         408.00       401.00         405.00       409.00         412.00      417.00


     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
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.

More Related Content

What's hot

Tech report 01.10.2010
Tech report 01.10.2010Tech report 01.10.2010
Tech report 01.10.2010Angel Broking
 
Technical report - July 28, 2010
Technical report - July 28, 2010Technical report - July 28, 2010
Technical report - July 28, 2010Angel Broking
 
Technical Report - September 9, 2010
Technical Report - September 9, 2010Technical Report - September 9, 2010
Technical Report - September 9, 2010Angel Broking
 
Technical report - july 16, 2010
Technical report - july 16, 2010Technical report - july 16, 2010
Technical report - july 16, 2010Angel Broking
 
Technical Report - 19th Oct 2010
Technical Report - 19th Oct 2010Technical Report - 19th Oct 2010
Technical Report - 19th Oct 2010Angel Broking
 
Technical Report - 11 October 2010
Technical Report - 11 October 2010Technical Report - 11 October 2010
Technical Report - 11 October 2010Angel Broking
 
Techical Report - July 12, 2010
Techical Report - July 12, 2010Techical Report - July 12, 2010
Techical Report - July 12, 2010Angel Broking
 
Technical Report - September 3, 2010
Technical Report - September 3, 2010Technical Report - September 3, 2010
Technical Report - September 3, 2010Angel Broking
 
Tech report 05.10.2010
Tech report 05.10.2010Tech report 05.10.2010
Tech report 05.10.2010Angel Broking
 
Techical Report - August 27, 2010
Techical Report - August 27, 2010Techical Report - August 27, 2010
Techical Report - August 27, 2010Angel Broking
 
Technical Report - September 27, 2010
Technical Report - September 27, 2010Technical Report - September 27, 2010
Technical Report - September 27, 2010Angel Broking
 
Technical Report - 12 October 2010
Technical Report - 12 October 2010Technical Report - 12 October 2010
Technical Report - 12 October 2010Angel Broking
 
Tech Report - August 19, 2010
Tech Report - August 19, 2010Tech Report - August 19, 2010
Tech Report - August 19, 2010Angel Broking
 
Technical Report - August 18, 2010
Technical Report - August 18, 2010Technical Report - August 18, 2010
Technical Report - August 18, 2010Angel Broking
 
Technical Report - 8 October 2010
Technical Report - 8 October 2010Technical Report - 8 October 2010
Technical Report - 8 October 2010Angel Broking
 
Technical report - July 13, 2010
Technical report - July 13, 2010Technical report - July 13, 2010
Technical report - July 13, 2010Angel Broking
 
Tech report 13.05.2010
Tech report 13.05.2010Tech report 13.05.2010
Tech report 13.05.2010Angel Broking
 
Tech report 14.05.2010
Tech report 14.05.2010Tech report 14.05.2010
Tech report 14.05.2010Angel Broking
 
Technical Report - July 1, 2010
Technical Report - July 1, 2010Technical Report - July 1, 2010
Technical Report - July 1, 2010Angel Broking
 
Technical Report- June 22, 2010
Technical Report- June 22, 2010Technical Report- June 22, 2010
Technical Report- June 22, 2010Angel Broking
 

What's hot (20)

Tech report 01.10.2010
Tech report 01.10.2010Tech report 01.10.2010
Tech report 01.10.2010
 
Technical report - July 28, 2010
Technical report - July 28, 2010Technical report - July 28, 2010
Technical report - July 28, 2010
 
Technical Report - September 9, 2010
Technical Report - September 9, 2010Technical Report - September 9, 2010
Technical Report - September 9, 2010
 
Technical report - july 16, 2010
Technical report - july 16, 2010Technical report - july 16, 2010
Technical report - july 16, 2010
 
Technical Report - 19th Oct 2010
Technical Report - 19th Oct 2010Technical Report - 19th Oct 2010
Technical Report - 19th Oct 2010
 
Technical Report - 11 October 2010
Technical Report - 11 October 2010Technical Report - 11 October 2010
Technical Report - 11 October 2010
 
Techical Report - July 12, 2010
Techical Report - July 12, 2010Techical Report - July 12, 2010
Techical Report - July 12, 2010
 
Technical Report - September 3, 2010
Technical Report - September 3, 2010Technical Report - September 3, 2010
Technical Report - September 3, 2010
 
Tech report 05.10.2010
Tech report 05.10.2010Tech report 05.10.2010
Tech report 05.10.2010
 
Techical Report - August 27, 2010
Techical Report - August 27, 2010Techical Report - August 27, 2010
Techical Report - August 27, 2010
 
Technical Report - September 27, 2010
Technical Report - September 27, 2010Technical Report - September 27, 2010
Technical Report - September 27, 2010
 
Technical Report - 12 October 2010
Technical Report - 12 October 2010Technical Report - 12 October 2010
Technical Report - 12 October 2010
 
Tech Report - August 19, 2010
Tech Report - August 19, 2010Tech Report - August 19, 2010
Tech Report - August 19, 2010
 
Technical Report - August 18, 2010
Technical Report - August 18, 2010Technical Report - August 18, 2010
Technical Report - August 18, 2010
 
Technical Report - 8 October 2010
Technical Report - 8 October 2010Technical Report - 8 October 2010
Technical Report - 8 October 2010
 
Technical report - July 13, 2010
Technical report - July 13, 2010Technical report - July 13, 2010
Technical report - July 13, 2010
 
Tech report 13.05.2010
Tech report 13.05.2010Tech report 13.05.2010
Tech report 13.05.2010
 
Tech report 14.05.2010
Tech report 14.05.2010Tech report 14.05.2010
Tech report 14.05.2010
 
Technical Report - July 1, 2010
Technical Report - July 1, 2010Technical Report - July 1, 2010
Technical Report - July 1, 2010
 
Technical Report- June 22, 2010
Technical Report- June 22, 2010Technical Report- June 22, 2010
Technical Report- June 22, 2010
 

Viewers also liked

Market Outlook - September 20, 2010
Market Outlook - September 20, 2010Market Outlook - September 20, 2010
Market Outlook - September 20, 2010Angel Broking
 
Technical Report 15th July 2011
Technical Report 15th July 2011Technical Report 15th July 2011
Technical Report 15th July 2011Angel Broking
 
Jk tyre ru4 qfy2010-260510
Jk tyre ru4 qfy2010-260510Jk tyre ru4 qfy2010-260510
Jk tyre ru4 qfy2010-260510Angel Broking
 
Axis%20 bank ru1qfy2012-220711
Axis%20 bank ru1qfy2012-220711Axis%20 bank ru1qfy2012-220711
Axis%20 bank ru1qfy2012-220711Angel Broking
 
Cccl ru4 qfy2010-100510
Cccl  ru4 qfy2010-100510Cccl  ru4 qfy2010-100510
Cccl ru4 qfy2010-100510Angel Broking
 
Pratibha ind Result Update 4 qfy2010-110510
Pratibha ind  Result Update 4 qfy2010-110510Pratibha ind  Result Update 4 qfy2010-110510
Pratibha ind Result Update 4 qfy2010-110510Angel Broking
 
Indoco ru2 qfy2011-251010
Indoco ru2 qfy2011-251010Indoco ru2 qfy2011-251010
Indoco ru2 qfy2011-251010Angel Broking
 
Infosys Result Updated
Infosys Result UpdatedInfosys Result Updated
Infosys Result UpdatedAngel Broking
 
JP Associates - Result Update
JP Associates - Result UpdateJP Associates - Result Update
JP Associates - Result UpdateAngel Broking
 
Market Outlook - August 31,2010
Market Outlook - August 31,2010Market Outlook - August 31,2010
Market Outlook - August 31,2010Angel Broking
 

Viewers also liked (18)

Market Outlook - September 20, 2010
Market Outlook - September 20, 2010Market Outlook - September 20, 2010
Market Outlook - September 20, 2010
 
Page Industries
Page IndustriesPage Industries
Page Industries
 
Gcpl Result Update
Gcpl Result UpdateGcpl Result Update
Gcpl Result Update
 
Aditya Birla Nuvo
Aditya Birla Nuvo Aditya Birla Nuvo
Aditya Birla Nuvo
 
Weekly Review
Weekly ReviewWeekly Review
Weekly Review
 
Wipro Result Update
Wipro Result UpdateWipro Result Update
Wipro Result Update
 
Weekly Report
Weekly ReportWeekly Report
Weekly Report
 
Technical Report 15th July 2011
Technical Report 15th July 2011Technical Report 15th July 2011
Technical Report 15th July 2011
 
Ht media
Ht mediaHt media
Ht media
 
Jk tyre ru4 qfy2010-260510
Jk tyre ru4 qfy2010-260510Jk tyre ru4 qfy2010-260510
Jk tyre ru4 qfy2010-260510
 
Axis%20 bank ru1qfy2012-220711
Axis%20 bank ru1qfy2012-220711Axis%20 bank ru1qfy2012-220711
Axis%20 bank ru1qfy2012-220711
 
Cccl ru4 qfy2010-100510
Cccl  ru4 qfy2010-100510Cccl  ru4 qfy2010-100510
Cccl ru4 qfy2010-100510
 
Pratibha ind Result Update 4 qfy2010-110510
Pratibha ind  Result Update 4 qfy2010-110510Pratibha ind  Result Update 4 qfy2010-110510
Pratibha ind Result Update 4 qfy2010-110510
 
Indoco ru2 qfy2011-251010
Indoco ru2 qfy2011-251010Indoco ru2 qfy2011-251010
Indoco ru2 qfy2011-251010
 
Infosys Result Updated
Infosys Result UpdatedInfosys Result Updated
Infosys Result Updated
 
JP Associates - Result Update
JP Associates - Result UpdateJP Associates - Result Update
JP Associates - Result Update
 
Hindalco
Hindalco Hindalco
Hindalco
 
Market Outlook - August 31,2010
Market Outlook - August 31,2010Market Outlook - August 31,2010
Market Outlook - August 31,2010
 

Similar to Technical Report - September 13, 2010

Technical report - August 30, 2010
Technical report - August 30, 2010Technical report - August 30, 2010
Technical report - August 30, 2010Angel Broking
 
Tech report 07.10.2010
Tech report 07.10.2010Tech report 07.10.2010
Tech report 07.10.2010Angel Broking
 
Technical Report - September 15, 2010
Technical Report - September 15, 2010Technical Report - September 15, 2010
Technical Report - September 15, 2010Angel Broking
 
Technical report - September 1,2010
Technical report - September 1,2010Technical report - September 1,2010
Technical report - September 1,2010Angel Broking
 
Technical Report - August 4,2010
Technical Report - August 4,2010Technical Report - August 4,2010
Technical Report - August 4,2010Angel Broking
 
Tech report 18 10 2010
Tech report 18 10 2010Tech report 18 10 2010
Tech report 18 10 2010Angel Broking
 
Technical report - July 15, 2010
Technical report - July 15, 2010Technical report - July 15, 2010
Technical report - July 15, 2010Angel Broking
 
Technical Report - September 17, 2010
Technical Report - September 17, 2010Technical Report - September 17, 2010
Technical Report - September 17, 2010Angel Broking
 
Technical Report - August 2,2010
Technical Report - August 2,2010Technical Report - August 2,2010
Technical Report - August 2,2010Angel Broking
 
Technical Report - September 30, 2010
Technical Report - September 30, 2010Technical Report - September 30, 2010
Technical Report - September 30, 2010Angel Broking
 
Technical report - July 26, 2010
Technical report - July 26, 2010Technical report - July 26, 2010
Technical report - July 26, 2010Angel Broking
 
Technical report - september 2, 2010
Technical report - september 2, 2010Technical report - september 2, 2010
Technical report - september 2, 2010Angel Broking
 
Technical Report - July 14, 2010
Technical Report - July 14, 2010Technical Report - July 14, 2010
Technical Report - July 14, 2010Angel Broking
 
Technical Report - September 29,2010
Technical Report - September 29,2010Technical Report - September 29,2010
Technical Report - September 29,2010Angel Broking
 
Tech report 14.10.2010
Tech report 14.10.2010Tech report 14.10.2010
Tech report 14.10.2010Angel Broking
 

Similar to Technical Report - September 13, 2010 (15)

Technical report - August 30, 2010
Technical report - August 30, 2010Technical report - August 30, 2010
Technical report - August 30, 2010
 
Tech report 07.10.2010
Tech report 07.10.2010Tech report 07.10.2010
Tech report 07.10.2010
 
Technical Report - September 15, 2010
Technical Report - September 15, 2010Technical Report - September 15, 2010
Technical Report - September 15, 2010
 
Technical report - September 1,2010
Technical report - September 1,2010Technical report - September 1,2010
Technical report - September 1,2010
 
Technical Report - August 4,2010
Technical Report - August 4,2010Technical Report - August 4,2010
Technical Report - August 4,2010
 
Tech report 18 10 2010
Tech report 18 10 2010Tech report 18 10 2010
Tech report 18 10 2010
 
Technical report - July 15, 2010
Technical report - July 15, 2010Technical report - July 15, 2010
Technical report - July 15, 2010
 
Technical Report - September 17, 2010
Technical Report - September 17, 2010Technical Report - September 17, 2010
Technical Report - September 17, 2010
 
Technical Report - August 2,2010
Technical Report - August 2,2010Technical Report - August 2,2010
Technical Report - August 2,2010
 
Technical Report - September 30, 2010
Technical Report - September 30, 2010Technical Report - September 30, 2010
Technical Report - September 30, 2010
 
Technical report - July 26, 2010
Technical report - July 26, 2010Technical report - July 26, 2010
Technical report - July 26, 2010
 
Technical report - september 2, 2010
Technical report - september 2, 2010Technical report - september 2, 2010
Technical report - september 2, 2010
 
Technical Report - July 14, 2010
Technical Report - July 14, 2010Technical Report - July 14, 2010
Technical Report - July 14, 2010
 
Technical Report - September 29,2010
Technical Report - September 29,2010Technical Report - September 29,2010
Technical Report - September 29,2010
 
Tech report 14.10.2010
Tech report 14.10.2010Tech report 14.10.2010
Tech report 14.10.2010
 

More from Angel Broking

Market outlook 110612
Market outlook 110612Market outlook 110612
Market outlook 110612Angel Broking
 
Electrosteel castings
Electrosteel castingsElectrosteel castings
Electrosteel castingsAngel Broking
 
Derivative report 19th July 2011
Derivative report 19th July 2011Derivative report 19th July 2011
Derivative report 19th July 2011Angel Broking
 
Market outlook 19th July 2011
Market outlook 19th July 2011Market outlook 19th July 2011
Market outlook 19th July 2011Angel Broking
 
Weekly Report 18th July 2011
Weekly Report 18th July 2011Weekly Report 18th July 2011
Weekly Report 18th July 2011Angel Broking
 
Derivative Report 18th July 2011
Derivative Report 18th July 2011Derivative Report 18th July 2011
Derivative Report 18th July 2011Angel Broking
 
Technical Report 18th July 2011
Technical Report 18th July 2011Technical Report 18th July 2011
Technical Report 18th July 2011Angel Broking
 
Market Outlook 18th July 2011
Market Outlook 18th July 2011Market Outlook 18th July 2011
Market Outlook 18th July 2011Angel Broking
 
Bajaj auto Result Updated
Bajaj auto Result UpdatedBajaj auto Result Updated
Bajaj auto Result UpdatedAngel Broking
 
Tata consultancy services
Tata consultancy services Tata consultancy services
Tata consultancy services Angel Broking
 
Derivatives Report 15th July 2011
Derivatives Report 15th July 2011Derivatives Report 15th July 2011
Derivatives Report 15th July 2011Angel Broking
 
Derivative Report 13th July 2011
Derivative Report 13th July 2011Derivative Report 13th July 2011
Derivative Report 13th July 2011Angel Broking
 
Technical Report 13th July 2011
Technical Report 13th July 2011Technical Report 13th July 2011
Technical Report 13th July 2011Angel Broking
 
Market Outlook 13th July 2011
Market Outlook 13th July 2011Market Outlook 13th July 2011
Market Outlook 13th July 2011Angel Broking
 

More from Angel Broking (20)

Market outlook 110612
Market outlook 110612Market outlook 110612
Market outlook 110612
 
Electrosteel castings
Electrosteel castingsElectrosteel castings
Electrosteel castings
 
Persistent systems
Persistent systemsPersistent systems
Persistent systems
 
Derivative report 19th July 2011
Derivative report 19th July 2011Derivative report 19th July 2011
Derivative report 19th July 2011
 
Market outlook 19th July 2011
Market outlook 19th July 2011Market outlook 19th July 2011
Market outlook 19th July 2011
 
Telecom sector
Telecom sectorTelecom sector
Telecom sector
 
Weekly Report 18th July 2011
Weekly Report 18th July 2011Weekly Report 18th July 2011
Weekly Report 18th July 2011
 
Derivative Report 18th July 2011
Derivative Report 18th July 2011Derivative Report 18th July 2011
Derivative Report 18th July 2011
 
Technical Report 18th July 2011
Technical Report 18th July 2011Technical Report 18th July 2011
Technical Report 18th July 2011
 
Market Outlook 18th July 2011
Market Outlook 18th July 2011Market Outlook 18th July 2011
Market Outlook 18th July 2011
 
South Indian Bank
 South Indian Bank South Indian Bank
South Indian Bank
 
Bajaj auto Result Updated
Bajaj auto Result UpdatedBajaj auto Result Updated
Bajaj auto Result Updated
 
Tata consultancy services
Tata consultancy services Tata consultancy services
Tata consultancy services
 
Fc4 e63c4d01
Fc4 e63c4d01Fc4 e63c4d01
Fc4 e63c4d01
 
Derivatives Report 15th July 2011
Derivatives Report 15th July 2011Derivatives Report 15th July 2011
Derivatives Report 15th July 2011
 
Derivative Report 13th July 2011
Derivative Report 13th July 2011Derivative Report 13th July 2011
Derivative Report 13th July 2011
 
Technical Report 13th July 2011
Technical Report 13th July 2011Technical Report 13th July 2011
Technical Report 13th July 2011
 
Market Outlook 13th July 2011
Market Outlook 13th July 2011Market Outlook 13th July 2011
Market Outlook 13th July 2011
 
E72 f1fc5d01
E72 f1fc5d01E72 f1fc5d01
E72 f1fc5d01
 
E72 f1fc5d01
E72 f1fc5d01E72 f1fc5d01
E72 f1fc5d01
 

Recently uploaded

The Economic History of the U.S. Lecture 22.pdf
The Economic History of the U.S. Lecture 22.pdfThe Economic History of the U.S. Lecture 22.pdf
The Economic History of the U.S. Lecture 22.pdfGale Pooley
 
VVIP Pune Call Girls Katraj (7001035870) Pune Escorts Nearby with Complete Sa...
VVIP Pune Call Girls Katraj (7001035870) Pune Escorts Nearby with Complete Sa...VVIP Pune Call Girls Katraj (7001035870) Pune Escorts Nearby with Complete Sa...
VVIP Pune Call Girls Katraj (7001035870) Pune Escorts Nearby with Complete Sa...Call Girls in Nagpur High Profile
 
05_Annelore Lenoir_Docbyte_MeetupDora&Cybersecurity.pptx
05_Annelore Lenoir_Docbyte_MeetupDora&Cybersecurity.pptx05_Annelore Lenoir_Docbyte_MeetupDora&Cybersecurity.pptx
05_Annelore Lenoir_Docbyte_MeetupDora&Cybersecurity.pptxFinTech Belgium
 
Instant Issue Debit Cards - High School Spirit
Instant Issue Debit Cards - High School SpiritInstant Issue Debit Cards - High School Spirit
Instant Issue Debit Cards - High School Spiritegoetzinger
 
20240417-Calibre-April-2024-Investor-Presentation.pdf
20240417-Calibre-April-2024-Investor-Presentation.pdf20240417-Calibre-April-2024-Investor-Presentation.pdf
20240417-Calibre-April-2024-Investor-Presentation.pdfAdnet Communications
 
The Economic History of the U.S. Lecture 18.pdf
The Economic History of the U.S. Lecture 18.pdfThe Economic History of the U.S. Lecture 18.pdf
The Economic History of the U.S. Lecture 18.pdfGale Pooley
 
Interimreport1 January–31 March2024 Elo Mutual Pension Insurance Company
Interimreport1 January–31 March2024 Elo Mutual Pension Insurance CompanyInterimreport1 January–31 March2024 Elo Mutual Pension Insurance Company
Interimreport1 January–31 March2024 Elo Mutual Pension Insurance CompanyTyöeläkeyhtiö Elo
 
The Economic History of the U.S. Lecture 30.pdf
The Economic History of the U.S. Lecture 30.pdfThe Economic History of the U.S. Lecture 30.pdf
The Economic History of the U.S. Lecture 30.pdfGale Pooley
 
The Economic History of the U.S. Lecture 17.pdf
The Economic History of the U.S. Lecture 17.pdfThe Economic History of the U.S. Lecture 17.pdf
The Economic History of the U.S. Lecture 17.pdfGale Pooley
 
Solution Manual for Financial Accounting, 11th Edition by Robert Libby, Patri...
Solution Manual for Financial Accounting, 11th Edition by Robert Libby, Patri...Solution Manual for Financial Accounting, 11th Edition by Robert Libby, Patri...
Solution Manual for Financial Accounting, 11th Edition by Robert Libby, Patri...ssifa0344
 
20240429 Calibre April 2024 Investor Presentation.pdf
20240429 Calibre April 2024 Investor Presentation.pdf20240429 Calibre April 2024 Investor Presentation.pdf
20240429 Calibre April 2024 Investor Presentation.pdfAdnet Communications
 
High Class Call Girls Nagpur Grishma Call 7001035870 Meet With Nagpur Escorts
High Class Call Girls Nagpur Grishma Call 7001035870 Meet With Nagpur EscortsHigh Class Call Girls Nagpur Grishma Call 7001035870 Meet With Nagpur Escorts
High Class Call Girls Nagpur Grishma Call 7001035870 Meet With Nagpur Escortsranjana rawat
 
VIP Call Girls LB Nagar ( Hyderabad ) Phone 8250192130 | ₹5k To 25k With Room...
VIP Call Girls LB Nagar ( Hyderabad ) Phone 8250192130 | ₹5k To 25k With Room...VIP Call Girls LB Nagar ( Hyderabad ) Phone 8250192130 | ₹5k To 25k With Room...
VIP Call Girls LB Nagar ( Hyderabad ) Phone 8250192130 | ₹5k To 25k With Room...Suhani Kapoor
 
Monthly Market Risk Update: April 2024 [SlideShare]
Monthly Market Risk Update: April 2024 [SlideShare]Monthly Market Risk Update: April 2024 [SlideShare]
Monthly Market Risk Update: April 2024 [SlideShare]Commonwealth
 
Malad Call Girl in Services 9892124323 | ₹,4500 With Room Free Delivery
Malad Call Girl in Services  9892124323 | ₹,4500 With Room Free DeliveryMalad Call Girl in Services  9892124323 | ₹,4500 With Room Free Delivery
Malad Call Girl in Services 9892124323 | ₹,4500 With Room Free DeliveryPooja Nehwal
 
Russian Call Girls In Gtb Nagar (Delhi) 9711199012 💋✔💕😘 Naughty Call Girls Se...
Russian Call Girls In Gtb Nagar (Delhi) 9711199012 💋✔💕😘 Naughty Call Girls Se...Russian Call Girls In Gtb Nagar (Delhi) 9711199012 💋✔💕😘 Naughty Call Girls Se...
Russian Call Girls In Gtb Nagar (Delhi) 9711199012 💋✔💕😘 Naughty Call Girls Se...shivangimorya083
 
High Class Call Girls Nashik Maya 7001305949 Independent Escort Service Nashik
High Class Call Girls Nashik Maya 7001305949 Independent Escort Service NashikHigh Class Call Girls Nashik Maya 7001305949 Independent Escort Service Nashik
High Class Call Girls Nashik Maya 7001305949 Independent Escort Service NashikCall Girls in Nagpur High Profile
 
The Economic History of the U.S. Lecture 21.pdf
The Economic History of the U.S. Lecture 21.pdfThe Economic History of the U.S. Lecture 21.pdf
The Economic History of the U.S. Lecture 21.pdfGale Pooley
 
00_Main ppt_MeetupDORA&CyberSecurity.pptx
00_Main ppt_MeetupDORA&CyberSecurity.pptx00_Main ppt_MeetupDORA&CyberSecurity.pptx
00_Main ppt_MeetupDORA&CyberSecurity.pptxFinTech Belgium
 

Recently uploaded (20)

The Economic History of the U.S. Lecture 22.pdf
The Economic History of the U.S. Lecture 22.pdfThe Economic History of the U.S. Lecture 22.pdf
The Economic History of the U.S. Lecture 22.pdf
 
VVIP Pune Call Girls Katraj (7001035870) Pune Escorts Nearby with Complete Sa...
VVIP Pune Call Girls Katraj (7001035870) Pune Escorts Nearby with Complete Sa...VVIP Pune Call Girls Katraj (7001035870) Pune Escorts Nearby with Complete Sa...
VVIP Pune Call Girls Katraj (7001035870) Pune Escorts Nearby with Complete Sa...
 
05_Annelore Lenoir_Docbyte_MeetupDora&Cybersecurity.pptx
05_Annelore Lenoir_Docbyte_MeetupDora&Cybersecurity.pptx05_Annelore Lenoir_Docbyte_MeetupDora&Cybersecurity.pptx
05_Annelore Lenoir_Docbyte_MeetupDora&Cybersecurity.pptx
 
Instant Issue Debit Cards - High School Spirit
Instant Issue Debit Cards - High School SpiritInstant Issue Debit Cards - High School Spirit
Instant Issue Debit Cards - High School Spirit
 
20240417-Calibre-April-2024-Investor-Presentation.pdf
20240417-Calibre-April-2024-Investor-Presentation.pdf20240417-Calibre-April-2024-Investor-Presentation.pdf
20240417-Calibre-April-2024-Investor-Presentation.pdf
 
The Economic History of the U.S. Lecture 18.pdf
The Economic History of the U.S. Lecture 18.pdfThe Economic History of the U.S. Lecture 18.pdf
The Economic History of the U.S. Lecture 18.pdf
 
Interimreport1 January–31 March2024 Elo Mutual Pension Insurance Company
Interimreport1 January–31 March2024 Elo Mutual Pension Insurance CompanyInterimreport1 January–31 March2024 Elo Mutual Pension Insurance Company
Interimreport1 January–31 March2024 Elo Mutual Pension Insurance Company
 
The Economic History of the U.S. Lecture 30.pdf
The Economic History of the U.S. Lecture 30.pdfThe Economic History of the U.S. Lecture 30.pdf
The Economic History of the U.S. Lecture 30.pdf
 
The Economic History of the U.S. Lecture 17.pdf
The Economic History of the U.S. Lecture 17.pdfThe Economic History of the U.S. Lecture 17.pdf
The Economic History of the U.S. Lecture 17.pdf
 
Solution Manual for Financial Accounting, 11th Edition by Robert Libby, Patri...
Solution Manual for Financial Accounting, 11th Edition by Robert Libby, Patri...Solution Manual for Financial Accounting, 11th Edition by Robert Libby, Patri...
Solution Manual for Financial Accounting, 11th Edition by Robert Libby, Patri...
 
20240429 Calibre April 2024 Investor Presentation.pdf
20240429 Calibre April 2024 Investor Presentation.pdf20240429 Calibre April 2024 Investor Presentation.pdf
20240429 Calibre April 2024 Investor Presentation.pdf
 
High Class Call Girls Nagpur Grishma Call 7001035870 Meet With Nagpur Escorts
High Class Call Girls Nagpur Grishma Call 7001035870 Meet With Nagpur EscortsHigh Class Call Girls Nagpur Grishma Call 7001035870 Meet With Nagpur Escorts
High Class Call Girls Nagpur Grishma Call 7001035870 Meet With Nagpur Escorts
 
VIP Call Girls LB Nagar ( Hyderabad ) Phone 8250192130 | ₹5k To 25k With Room...
VIP Call Girls LB Nagar ( Hyderabad ) Phone 8250192130 | ₹5k To 25k With Room...VIP Call Girls LB Nagar ( Hyderabad ) Phone 8250192130 | ₹5k To 25k With Room...
VIP Call Girls LB Nagar ( Hyderabad ) Phone 8250192130 | ₹5k To 25k With Room...
 
Monthly Market Risk Update: April 2024 [SlideShare]
Monthly Market Risk Update: April 2024 [SlideShare]Monthly Market Risk Update: April 2024 [SlideShare]
Monthly Market Risk Update: April 2024 [SlideShare]
 
Malad Call Girl in Services 9892124323 | ₹,4500 With Room Free Delivery
Malad Call Girl in Services  9892124323 | ₹,4500 With Room Free DeliveryMalad Call Girl in Services  9892124323 | ₹,4500 With Room Free Delivery
Malad Call Girl in Services 9892124323 | ₹,4500 With Room Free Delivery
 
Commercial Bank Economic Capsule - April 2024
Commercial Bank Economic Capsule - April 2024Commercial Bank Economic Capsule - April 2024
Commercial Bank Economic Capsule - April 2024
 
Russian Call Girls In Gtb Nagar (Delhi) 9711199012 💋✔💕😘 Naughty Call Girls Se...
Russian Call Girls In Gtb Nagar (Delhi) 9711199012 💋✔💕😘 Naughty Call Girls Se...Russian Call Girls In Gtb Nagar (Delhi) 9711199012 💋✔💕😘 Naughty Call Girls Se...
Russian Call Girls In Gtb Nagar (Delhi) 9711199012 💋✔💕😘 Naughty Call Girls Se...
 
High Class Call Girls Nashik Maya 7001305949 Independent Escort Service Nashik
High Class Call Girls Nashik Maya 7001305949 Independent Escort Service NashikHigh Class Call Girls Nashik Maya 7001305949 Independent Escort Service Nashik
High Class Call Girls Nashik Maya 7001305949 Independent Escort Service Nashik
 
The Economic History of the U.S. Lecture 21.pdf
The Economic History of the U.S. Lecture 21.pdfThe Economic History of the U.S. Lecture 21.pdf
The Economic History of the U.S. Lecture 21.pdf
 
00_Main ppt_MeetupDORA&CyberSecurity.pptx
00_Main ppt_MeetupDORA&CyberSecurity.pptx00_Main ppt_MeetupDORA&CyberSecurity.pptx
00_Main ppt_MeetupDORA&CyberSecurity.pptx
 

Technical Report - September 13, 2010

  • 1. Technical Report Date : 13/09/2010 Market Summary Indices Top 5 Gainers Top 5 Losers Sectoral Watch Nifty Sensex Stocks % Gain Stocks % Loss Sector %G/L Open 5608 18669 M&M 3.20 POWERGRID 1.74 BANKEX 2.19 High 5647 18823 HDFCBANK 3.05 TATAMOTORS 1.73 CG 0.82 Low 5608 18669 SBIN 2.57 RELINFRA 1.63 PSU 0.74 Close 5640 18800 TATASTEEL 2.19 RANBAXY 1.40 CD 0.59 % Chg 0.57 0.71 KOTAKBANK 2.06 ITC 1.25 OIL&GAS (0.27) Source : Falcon SENSEX DLY CHART The coming week is likely to trade with positive bias. On the upside, we maintain our view that the indices are likely to test 18900 – 19050 / 5700 – 5750 levels in a couple of weeks or could even extend the gains beyond our targets levels as markets may witness a dynamic up-move. On the downside, 18440 – 18321 / 5530 – 5500 levels may act as support for the markets. Traders with long positions in the range of 5470 – 5400 levels are advised to trail their stop loss to 5460 levels and hold their long positions for the mentioned target levels. Stocks +ve Bias Stocks -ve Bias HDFCBANK SESAGOA KOTAKBANK 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 18800.00 18610.00 18705.00 18764.00 18859.00 18918.00 NIFTY 5640.00 5593.00 5616.00 5632.00 5656.00 5671.00 ABB 785.00 778.00 782.00 785.00 788.00 791.00 ACC 981.00 961.00 971.00 981.00 991.00 1000.00 AMBUJACEM 137.00 133.00 135.00 137.00 138.00 140.00 AXISBANK 1379.00 1355.00 1367.00 1380.00 1392.00 1404.00 BHARTIARTL 350.00 342.00 346.00 352.00 356.00 362.00 BHEL 2477.00 2428.00 2453.00 2468.00 2492.00 2507.00 BPCL 751.00 740.00 745.00 754.00 759.00 768.00 CAIRN 326.00 322.00 324.00 328.00 331.00 335.00 CIPLA 307.00 300.00 303.00 308.00 311.00 316.00 DLF 322.00 316.00 319.00 321.00 324.00 327.00 GAIL 462.00 452.00 457.00 463.00 468.00 474.00 HCLTECH 410.00 401.00 405.00 408.00 413.00 416.00 HDFC 630.00 621.00 626.00 630.00 635.00 639.00 HDFCBANK 2245.00 2159.00 2202.00 2226.00 2269.00 2293.00 HEROHONDA 1733.00 1694.00 1713.00 1726.00 1746.00 1759.00 HINDALCO 182.00 175.00 179.00 181.00 185.00 188.00 HINDUNILVR 279.00 270.00 275.00 279.00 284.00 288.00 ICICIBANK 1050.00 1024.00 1037.00 1045.00 1059.00 1067.00 IDEA 77.00 74.00 76.00 77.00 78.00 79.00 IDFC 189.00 183.00 186.00 188.00 192.00 194.00 INFOSYSTCH 2895.00 2842.00 2869.00 2884.00 2911.00 2926.00 ITC 162.00 159.00 161.00 163.00 165.00 167.00 JINDALSTEL 715.00 703.00 709.00 714.00 720.00 726.00 JPASSOCIAT 120.00 117.00 118.00 119.00 121.00 122.00 KOTAKBANK 865.00 843.00 854.00 861.00 872.00 879.00 LT 1882.00 1848.00 1865.00 1875.00 1892.00 1902.00 M&M 656.00 630.00 643.00 650.00 663.00 671.00 MARUTI 1315.00 1301.00 1308.00 1314.00 1321.00 1328.00 NTPC 203.00 193.00 198.00 201.00 205.00 208.00 ONGC 1356.00 1323.00 1339.00 1349.00 1366.00 1376.00 PNB 1222.00 1198.00 1210.00 1227.00 1239.00 1256.00 POWERGRID 105.00 102.00 103.00 105.00 106.00 108.00 RANBAXY 506.00 498.00 502.00 508.00 513.00 519.00 RCOM 164.00 160.00 162.00 164.00 165.00 167.00 RELCAPITAL 782.00 771.00 776.00 781.00 786.00 790.00 RELIANCE 959.00 948.00 953.00 960.00 965.00 972.00 RELINFRA 1011.00 990.00 1001.00 1018.00 1028.00 1046.00 RPOWER 155.00 153.00 154.00 156.00 157.00 159.00 SAIL 200.00 196.00 198.00 200.00 202.00 204.00 SBIN 2984.00 2861.00 2923.00 2959.00 3020.00 3056.00 SIEMENS 710.00 692.00 701.00 708.00 718.00 725.00 STER 166.00 161.00 163.00 166.00 168.00 171.00 SUNPHARMA 1746.00 1720.00 1733.00 1754.00 1767.00 1788.00 SUZLON 51.00 51.00 51.00 52.00 52.00 53.00 TATAMOTORS 1015.00 988.00 1001.00 1022.00 1036.00 1057.00 TATAPOWER 1260.00 1230.00 1245.00 1270.00 1285.00 1310.00 TATASTEEL 594.00 567.00 580.00 588.00 602.00 610.00 TCS 875.00 865.00 870.00 876.00 881.00 887.00 UNITECH 82.00 80.00 81.00 82.00 83.00 84.00 WIPRO 408.00 401.00 405.00 409.00 412.00 417.00 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.