Technical Report
Date : 08/12/2010
Market Summary
Indices
Top 5 Gainers
Top 5 Losers
Sectoral Watch
Nifty
Sensex
Stocks
% Gain
Stocks
% Loss
Sector
% G / L
Open
5995
19983
ACC
3.61
AXISBANK
3.72
BANKEX
(2.86)
High
6001
20019
NTPC
5.15
ICICIBANK
3.39
REALTY
(0.93)
Low
5940
19824
HINDALCO
2.62
KOTAKBANK
3.36
PSU
(0.68)
Close
5977
19935
GAIL
2.08
SBIN
2.59
OIL&GAS
0.91
% Chg
(0.26)
(0.23)
AMBUJACEM
1.93
DLF
2.56
METAL
0.69
Source : Falcon
SENSEX DLY CHART
Markets traded in a narrow range with negative bias but finally managed to close on a flat note. On the daily
charts there is no clarity of trend as we are witnessing narrow range body formation for the fourth consecutive
trading session. Hence, if indices trade convincingly above 20019 / 6001 levels then they are likely to test 20217 -
20350 / 6070 - 6120 levels .On the downside, 19824 -19740 / 5939 - 5880 levels may act as support for the day.
Stocks +ve Bias
Stocks -ve Bias
GAIL
TATASTEEL
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
19935.00
19731.00
19833.00
19926.00
20028.00
20121.00
NIFTY
5977.00
5911.00
5944.00
5972.00
6005.00
6034.00
ABB
803.00
781.00
792.00
801.00
812.00
821.00
ACC
997.00
957.00
977.00
995.00
1015.00
1034.00
AMBUJACEM
139.00
133.00
136.00
138.00
141.00
143.00
AXISBANK
1325.00
1261.00
1293.00
1339.00
1371.00
1417.00
BHARTIARTL
349.00
340.00
344.00
350.00
354.00
359.00
BHEL
2240.00
2198.00
2219.00
2242.00
2263.00
2286.00
BPCL
661.00
647.00
654.00
664.00
671.00
681.00
CAIRN
330.00
325.00
328.00
331.00
333.00
336.00
CIPLA
371.00
360.00
366.00
370.00
375.00
379.00
DLF
298.00
287.00
293.00
300.00
306.00
314.00
GAIL
502.00
486.00
494.00
499.00
507.00
513.00
HCLTECH
436.00
414.00
425.00
432.00
443.00
449.00
HDFC
701.00
688.00
694.00
702.00
708.00
715.00
HDFCBANK
2352.00
2295.00
2323.00
2357.00
2385.00
2418.00
HEROHONDA
1789.00
1750.00
1769.00
1785.00
1805.00
1820.00
HINDALCO
227.00
219.00
223.00
226.00
230.00
233.00
HINDUNILVR
296.00
291.00
293.00
297.00
300.00
304.00
ICICIBANK
1111.00
1071.00
1091.00
1120.00
1139.00
1168.00
IDEA
71.00
70.00
70.00
70.00
71.00
71.00
IDFC
180.00
174.00
177.00
180.00
183.00
186.00
INFOSYSTCH
3179.00
3116.00
3148.00
3171.00
3202.00
3226.00
ITC
168.00
165.00
166.00
168.00
170.00
171.00
JINDALSTEL
702.00
678.00
690.00
703.00
714.00
727.00
JPASSOCIAT
107.00
103.00
105.00
107.00
109.00
111.00
KOTAKBANK
464.00
449.00
457.00
469.00
476.00
488.00
LT
2017.00
1957.00
1987.00
2007.00
2037.00
2058.00
M&M
801.00
787.00
794.00
800.00
807.00
812.00
MARUTI
1429.00
1390.00
1409.00
1428.00
1447.00
1466.00
NTPC
192.00
185.00
188.00
190.00
194.00
196.00
ONGC
1338.00
1315.00
1327.00
1336.00
1348.00
1357.00
PNB
1197.00
1156.00
1177.00
1204.00
1225.00
1252.00
POWERGRID
99.00
97.00
98.00
99.00
100.00
100.00
RANBAXY
560.00
547.00
554.00
563.00
570.00
579.00
RCOM
134.00
131.00
133.00
134.00
136.00
138.00
RELCAPITAL
708.00
688.00
698.00
705.00
715.00
722.00
RELIANCE
1031.00
1010.00
1021.00
1030.00
1040.00
1050.00
RELINFRA
833.00
815.00
824.00
834.00
843.00
854.00
RPOWER
160.00
157.00
159.00
160.00
161.00
163.00
SAIL
183.00
178.00
181.00
183.00
186.00
188.00
SBIN
2865.00
2785.00
2825.00
2890.00
2930.00
2995.00
SIEMENS
788.00
765.00
777.00
788.00
799.00
810.00
STER
172.00
168.00
170.00
172.00
174.00
176.00
SUNPHARMA
463.00
453.00
458.00
463.00
468.00
473.00
SUZLON
51.00
49.00
50.00
51.00
53.00
54.00
TATAMOTORS
1335.00
1293.00
1314.00
1333.00
1354.00
1373.00
TATAPOWER
1304.00
1267.00
1285.00
1300.00
1319.00
1333.00
TATASTEEL
639.00
628.00
634.00
639.00
645.00
650.00
TCS
1088.00
1072.00
1080.00
1090.00
1098.00
1108.00
UNITECH
66.00
60.00
63.00
65.00
68.00
70.00
WIPRO
435.00
430.00
432.00
435.00
437.00
440.00
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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