Technical Report
Date : 01/12/2010
Market Summary
Indices
Top 5 Gainers
Top 5 Losers
Sectoral Watch
Nifty
Sensex
Stocks
% Gain
Stocks
% Loss
Sector
% G / L
Open
5812
19373
DLF
7.14
SESAGOA
1.56
REALTY
5.67
High
5892
19610
BHARTIARTL
5.05
ACC
1.56
CD
2.08
Low
5764
19218
TATAMOTOR
4.72
SAIL
1.43
POWER
1.84
Close
5863
19521
SIEMENS
4.07
GAIL
1.34
PSU
1.73
% Chg
0.56
0.60
SBIN
4.00
HDFC
1.27
FMCG
1.38
Source : Falcon
SENSEX DLY CHART
Markets opened on a flat note and traded with negative bias in the early hour of trade but smartly bounced back
in the wake of better then expected GDP numbers which lead the indices to close in green. On the daily charts
we are witnessing that the momentum oscillators have exited the oversold zone and are positively poised. Hence,
in the coming trading session if indices trade convincingly above 19610 / 5892 levels then they are likely to test
19740 - 19835 / 5950 - 5975 levels. On the downside 19220 - 19089 / 5750 - 5730 levels may act as support
for the day.
Stocks +ve Bias
Stocks -ve Bias
HINDALCO
SBI
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
19521.00
19057.00
19289.00
19450.00
19682.00
19842.00
NIFTY
5863.00
5711.00
5787.00
5840.00
5915.00
5968.00
ABB
766.00
730.00
748.00
766.00
784.00
802.00
ACC
984.00
956.00
970.00
982.00
996.00
1009.00
AMBUJACEM
141.00
129.00
135.00
139.00
145.00
149.00
AXISBANK
1367.00
1283.00
1325.00
1357.00
1399.00
1432.00
BHARTIARTL
360.00
327.00
343.00
353.00
370.00
380.00
BHEL
2204.00
2112.00
2158.00
2187.00
2233.00
2262.00
BPCL
675.00
653.00
664.00
673.00
684.00
694.00
CAIRN
315.00
302.00
308.00
314.00
321.00
326.00
CIPLA
343.00
331.00
337.00
341.00
348.00
352.00
DLF
307.00
269.00
288.00
299.00
317.00
328.00
GAIL
492.00
478.00
485.00
492.00
499.00
506.00
HCLTECH
404.00
381.00
392.00
399.00
411.00
418.00
HDFC
687.00
669.00
678.00
687.00
696.00
705.00
HDFCBANK
2285.00
2217.00
2251.00
2293.00
2327.00
2368.00
HEROHONDA
1983.00
1858.00
1921.00
1991.00
2053.00
2124.00
HINDALCO
207.00
190.00
198.00
204.00
212.00
217.00
HINDUNILVR
298.00
292.00
295.00
298.00
301.00
304.00
ICICIBANK
1142.00
1113.00
1128.00
1142.00
1157.00
1171.00
IDEA
73.00
66.00
69.00
71.00
74.00
76.00
IDFC
187.00
175.00
181.00
184.00
190.00
194.00
INFOSYSTCH
3051.00
2978.00
3015.00
3049.00
3085.00
3119.00
ITC
172.00
163.00
168.00
170.00
175.00
177.00
JINDALSTEL
637.00
598.00
617.00
634.00
653.00
670.00
JPASSOCIAT
110.00
100.00
105.00
108.00
113.00
117.00
KOTAKBANK
477.00
446.00
461.00
471.00
486.00
496.00
LT
1950.00
1896.00
1923.00
1944.00
1971.00
1992.00
M&M
765.00
742.00
754.00
769.00
780.00
795.00
MARUTI
1422.00
1357.00
1389.00
1409.00
1442.00
1461.00
NTPC
184.00
175.00
180.00
182.00
187.00
190.00
ONGC
1245.00
1217.00
1231.00
1240.00
1255.00
1264.00
PNB
1219.00
1127.00
1173.00
1199.00
1245.00
1271.00
POWERGRID
95.00
91.00
93.00
94.00
96.00
97.00
RANBAXY
573.00
560.00
566.00
573.00
579.00
586.00
RCOM
132.00
119.00
126.00
129.00
135.00
139.00
RELCAPITAL
650.00
615.00
633.00
646.00
664.00
677.00
RELIANCE
986.00
964.00
975.00
992.00
1003.00
1019.00
RELINFRA
844.00
793.00
818.00
836.00
861.00
879.00
RPOWER
160.00
150.00
155.00
158.00
163.00
167.00
SAIL
177.00
170.00
173.00
177.00
180.00
184.00
SBIN
2992.00
2804.00
2898.00
2949.00
3043.00
3094.00
SIEMENS
770.00
723.00
746.00
762.00
785.00
801.00
STER
161.00
156.00
158.00
160.00
163.00
165.00
SUNPHARMA
448.00
435.00
441.00
448.00
454.00
461.00
SUZLON
48.00
43.00
45.00
47.00
49.00
51.00
TATAMOTORS
1235.00
1133.00
1184.00
1214.00
1265.00
1295.00
TATAPOWER
1293.00
1265.00
1279.00
1295.00
1309.00
1324.00
TATASTEEL
585.00
568.00
576.00
583.00
591.00
598.00
TCS
1076.00
1039.00
1057.00
1072.00
1090.00
1105.00
UNITECH
63.00
55.00
59.00
62.00
66.00
68.00
WIPRO
420.00
406.00
413.00
419.00
425.00
431.00
For Private Circulation Only.
Technical Report
RESEARCH TEAM
Shardul Kulkarni
Head - Technicals
Mileen Vasudeo
Technical Analyst
Sameet Chavan
Technical Analyst
For any Queries, Suggestions and Feedback kindly mail to [email protected]
Research Team: 022-3952 6600
Website: www.angelbroking.com
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