Technical Report
Date : 11/03/2011
Market Summary
Indices
Top 5 Gainers
Top 5 Losers
Sectoral Watch
Nifty
Sensex
Stocks
% Gain
Stocks
% Loss
Sector
% G / L
Open
5516
18431
RELCAPITAL
4.51
TATAPOWER
2.74
METAL
(1.30)
High
5516
18431
ONGC
2.51
TATASTEEL
2.68
BANKEX
(1.16)
Low
5468
18261
SUZLON
1.68
SESAGOA
2.30
TECK
(0.54)
Close
5494
18328
DLF
1.62
DRREDDY
2.07
IT
(0.53)
% Chg
(0.66)
(0.77)
SAIL
1.42
ICICIBANK
2.05
REALTY
0.67
Source : Falcon
SENSEX DLY CHART
Markets opened lower and traded with negative bias throughout the day which led the indices to close in red. On
the daily charts we are witnessing that prices have tested the 20-day SMA and have managed to close above it.
In coming trading session if indices trade above 18435/ 5520 then they are likely to test 18622 - 18737 / 5563 -
5608 levels. On the downside 18260 / 5465 levels remains crucial. Any breach of this level during the day, would
result in loss of momentum on the upside and indices may slide to 18114 - 17962 / 5420 - 5380 levels.
Stocks +ve Bias
Stocks -ve Bias
HCC
DRREDDY
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
18328.00
18170.00
18249.00
18340.00
18419.00
18510.00
NIFTY
5494.00
5445.00
5470.00
5493.00
5518.00
5541.00
ABB
742.00
704.00
723.00
734.00
753.00
763.00
ACC
1000.00
981.00
991.00
1003.00
1013.00
1025.00
AMBUJACEM
130.00
125.00
128.00
129.00
131.00
133.00
AXISBANK
1285.00
1264.00
1274.00
1286.00
1296.00
1308.00
BHARTIARTL
330.00
325.00
327.00
329.00
332.00
334.00
BHEL
2052.00
1999.00
2025.00
2042.00
2069.00
2086.00
BPCL
543.00
533.00
538.00
543.00
548.00
553.00
CAIRN
344.00
339.00
341.00
344.00
346.00
348.00
CIPLA
300.00
296.00
298.00
300.00
303.00
305.00
DLF
229.00
220.00
224.00
227.00
232.00
235.00
GAIL
442.00
434.00
438.00
441.00
445.00
448.00
HCLTECH
457.00
448.00
453.00
458.00
462.00
467.00
HDFC
667.00
656.00
662.00
670.00
675.00
684.00
HDFCBANK
2208.00
2169.00
2189.00
2202.00
2221.00
2235.00
HEROHONDA
1536.00
1489.00
1513.00
1544.00
1567.00
1598.00
HINDALCO
209.00
203.00
206.00
209.00
212.00
215.00
HINDUNILVR
277.00
273.00
275.00
277.00
279.00
282.00
ICICIBANK
1015.00
997.00
1006.00
1017.00
1026.00
1037.00
IDEA
62.00
60.00
61.00
62.00
63.00
63.00
IDFC
146.00
142.00
144.00
146.00
148.00
150.00
INFOSYSTCH
3090.00
3047.00
3069.00
3084.00
3106.00
3122.00
ITC
171.00
168.00
170.00
171.00
172.00
174.00
JINDALSTEL
661.00
647.00
654.00
659.00
666.00
672.00
JPASSOCIAT
84.00
83.00
84.00
84.00
85.00
86.00
KOTAKBANK
427.00
417.00
422.00
426.00
431.00
435.00
LT
1554.00
1533.00
1543.00
1556.00
1566.00
1579.00
M&M
670.00
657.00
663.00
669.00
675.00
680.00
MARUTI
1271.00
1241.00
1256.00
1271.00
1286.00
1300.00
NTPC
176.00
173.00
174.00
176.00
178.00
180.00
ONGC
276.00
263.00
269.00
274.00
281.00
285.00
PNB
1072.00
1048.00
1060.00
1069.00
1081.00
1090.00
POWERGRID
98.00
97.00
98.00
98.00
99.00
100.00
RANBAXY
451.00
442.00
446.00
451.00
455.00
459.00
RCOM
100.00
96.00
98.00
100.00
102.00
104.00
RELCAPITAL
528.00
487.00
508.00
519.00
540.00
552.00
RELIANCE
985.00
976.00
980.00
987.00
991.00
998.00
RELINFRA
626.00
606.00
616.00
626.00
636.00
646.00
RPOWER
125.00
121.00
123.00
125.00
126.00
128.00
SAIL
158.00
152.00
155.00
157.00
159.00
161.00
SBIN
2590.00
2553.00
2571.00
2593.00
2612.00
2634.00
SIEMENS
857.00
850.00
854.00
856.00
860.00
862.00
STER
165.00
162.00
164.00
166.00
167.00
169.00
SUNPHARMA
417.00
405.00
411.00
416.00
422.00
427.00
SUZLON
49.00
46.00
47.00
48.00
49.00
50.00
TATAMOTORS
1165.00
1140.00
1152.00
1164.00
1176.00
1188.00
TATAPOWER
1201.00
1173.00
1187.00
1210.00
1224.00
1247.00
TATASTEEL
597.00
585.00
591.00
601.00
607.00
617.00
TCS
1109.00
1088.00
1098.00
1110.00
1120.00
1132.00
UNITECH
38.00
36.00
37.00
38.00
39.00
39.00
WIPRO
455.00
442.00
448.00
452.00
459.00
463.00
For Private Circulation Only.
Technical Report
RESEARCH TEAM
Shardul Kulkarni
Head - Technicals
Mileen Vasudeo
Technical Analyst
Sameet Chavan
Technical Analyst
Sacchitanand Uttekar
Technical Analyst
Mehul Kothari
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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