Technical Report
Date : 15/04/2011
Market Summary
Indices
Top 5 Gainers
Top 5 Losers
Sectoral Watch
Nifty
Sensex
Stocks
% Gain
Stocks
% Loss
Sector
% G / L
Open
5748
19187
HEROHOND
7.37
SUNPHARMA
0.88
CG
2.73
High
5924
19737
JPASSOCIAT
7.36
CAIRN
0.72
AUTO
2.54
Low
5736
19102
SIEMENS
5.44
TATAPOWER
0.61
BANKEX
2.32
Close
5912
19697
HDFC
4.50
STER
0.29
FMCG
2.24
% Chg
2.17
2.25
IDFC
3.85
IT
2.15
Source : Falcon
NIFTY DLY CHART
Markets witnessed a gap down opening but recovered during intraday trade on the back of strong volumes in
index heavyweights. On the daily chart, Indices have taken support near the 200-day SMA and formed a “Bullish
Engulfing” pattern. This suggests continuation of the up move. In coming trading session the immediate
resistance is at 19812 / 5944 levels. Any move beyond these levels would propel the indices to test 19990 -
20100 / 6000 - 6025 levels. On the down side 19500 - 19420 / 5866 - 5840 may act as support for the day.
NOTE - Any pullback in the Nifty Futures in the range of 5875 to 5825 should be used to go long. We
expect Indices to test 6150 levels in the couple of weeks. The stop loss for the trade will be at 5749
levels.
Stocks +ve Bias
Stocks -ve Bias
PATEL ENGG
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
19697.00
18876.00
19287.00
19512.00
19922.00
20148.00
NIFTY
5912.00
5669.00
5790.00
5857.00
5978.00
6045.00
ABB
807.00
777.00
792.00
802.00
817.00
826.00
ACC
1117.00
1064.00
1091.00
1106.00
1133.00
1148.00
AMBUJACEM
153.00
144.00
149.00
151.00
156.00
158.00
AXISBANK
1438.00
1375.00
1406.00
1426.00
1458.00
1478.00
BHARTIARTL
367.00
343.00
355.00
365.00
377.00
387.00
BHEL
2231.00
2151.00
2191.00
2215.00
2255.00
2279.00
BPCL
601.00
585.00
593.00
599.00
608.00
614.00
CAIRN
345.00
339.00
342.00
345.00
348.00
351.00
CIPLA
324.00
314.00
319.00
322.00
327.00
330.00
DLF
251.00
243.00
247.00
250.00
254.00
257.00
GAIL
475.00
456.00
465.00
471.00
481.00
487.00
HCLTECH
497.00
479.00
488.00
496.00
505.00
513.00
HDFC
718.00
670.00
694.00
708.00
732.00
746.00
HDFCBANK
2369.00
2234.00
2301.00
2343.00
2410.00
2451.00
HEROHONDA
1735.00
1569.00
1652.00
1711.00
1794.00
1853.00
HINDALCO
210.00
203.00
206.00
208.00
212.00
214.00
HINDUNILVR
282.00
267.00
274.00
280.00
287.00
293.00
ICICIBANK
1127.00
1071.00
1099.00
1114.00
1143.00
1158.00
IDEA
67.00
63.00
65.00
66.00
68.00
69.00
IDFC
159.00
148.00
154.00
157.00
162.00
165.00
INFOSYSTCH
3306.00
3152.00
3229.00
3273.00
3350.00
3394.00
ITC
190.00
181.00
185.00
188.00
193.00
196.00
JINDALSTEL
681.00
663.00
672.00
679.00
688.00
694.00
JPASSOCIAT
98.00
87.00
93.00
96.00
101.00
104.00
KOTAKBANK
456.00
432.00
444.00
451.00
463.00
470.00
LT
1718.00
1432.00
1575.00
1788.00
1931.00
2145.00
M&M
729.00
692.00
710.00
722.00
740.00
751.00
MARUTI
1278.00
1190.00
1234.00
1258.00
1302.00
1326.00
NTPC
188.00
180.00
184.00
186.00
190.00
192.00
ONGC
289.00
274.00
282.00
286.00
294.00
298.00
PNB
1197.00
1172.00
1185.00
1194.00
1207.00
1216.00
POWERGRID
105.00
102.00
104.00
105.00
106.00
107.00
RANBAXY
468.00
446.00
457.00
463.00
474.00
481.00
RCOM
109.00
103.00
106.00
108.00
111.00
113.00
RELCAPITAL
614.00
595.00
605.00
611.00
620.00
626.00
RELIANCE
1022.00
987.00
1004.00
1014.00
1032.00
1042.00
RELINFRA
696.00
662.00
679.00
689.00
706.00
716.00
RPOWER
133.00
126.00
129.00
131.00
134.00
136.00
SAIL
172.00
162.00
167.00
170.00
174.00
177.00
SBIN
2819.00
2732.00
2775.00
2803.00
2846.00
2874.00
SIEMENS
890.00
811.00
851.00
874.00
914.00
937.00
STER
173.00
168.00
170.00
172.00
175.00
177.00
SUNPHARMA
447.00
438.00
443.00
448.00
452.00
457.00
SUZLON
54.00
52.00
53.00
55.00
56.00
57.00
TATAMOTORS
1249.00
1188.00
1218.00
1235.00
1266.00
1283.00
TATAPOWER
1311.00
1295.00
1303.00
1311.00
1319.00
1328.00
TATASTEEL
636.00
611.00
624.00
632.00
644.00
653.00
TCS
1210.00
1155.00
1182.00
1202.00
1230.00
1249.00
UNITECH
45.00
43.00
44.00
45.00
46.00
47.00
WIPRO
472.00
448.00
460.00
467.00
480.00
487.00
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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