Technical Report
Date : 15/11/2010
Market Summary
Indices
Top 5 Gainers
Top 5 Losers
Sectoral Watch
Nifty
Sensex
Stocks
% Gain
Stocks
% Loss
Sector
% G / L
Open
6182
20530
DRREDDY
0.62
DLF
5.92
REALTY
(4.76)
High
6203
20594
BAJAJ-AUTO
0.59
M&M
5.38
CD
(3.53)
Low
6057
20108
HEROHOND
0.28
SBIN
5.38
METAL
(3.31)
Close
6072
20157
HDFC
0.27
IDFC
5.28
BANKEX
(2.90)
% Chg
(1.98)
(2.10)
CAIRN
0.18
RPOWER
4.64
PSU
(2.13)
Source : Falcon
SENSEX DLY CHART
Broadly speaking, the move which started from 19769 to 21109 / 5937 to 6339 levels has retraced marginally
beyond 61.8 %(20280 / 6090) and the indices have closed between the crucial Gap area support zone of 20080
to 20267 / 6032 to 6084 levels. Any close below the upward Gap area of 20080 to 20267 / 6032 to 6084 levels
formed on the Daily chart, would see the indices retest the prior swing lows of 19769 / 5937 or may even test
lower levels of 19464 - 19076 / 5845 -5726. On the flip side, if the indices manage to hold the upward Gap area
on the Daily chart, a bounce up to 20521 - 20668 / 6175 -6210 levels cannot be ruled out.
Stocks +ve Bias
Stocks -ve Bias
JINDAL STEEL
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
20157.00
19801.00
19979.00
20286.00
20464.00
20772.00
NIFTY
6072.00
5965.00
6018.00
6110.00
6164.00
6256.00
ABB
852.00
831.00
841.00
854.00
864.00
876.00
ACC
1079.00
1053.00
1066.00
1084.00
1097.00
1115.00
AMBUJACEM
159.00
153.00
156.00
159.00
162.00
165.00
AXISBANK
1492.00
1454.00
1473.00
1500.00
1520.00
1547.00
BHARTIARTL
306.00
296.00
301.00
308.00
313.00
321.00
BHEL
2389.00
2349.00
2369.00
2397.00
2417.00
2445.00
BPCL
730.00
711.00
721.00
736.00
746.00
761.00
CAIRN
332.00
323.00
327.00
331.00
335.00
338.00
CIPLA
330.00
319.00
324.00
332.00
338.00
346.00
DLF
327.00
315.00
321.00
331.00
337.00
348.00
GAIL
486.00
459.00
472.00
484.00
497.00
508.00
HCLTECH
402.00
397.00
400.00
403.00
406.00
409.00
HDFC
716.00
699.00
707.00
717.00
726.00
735.00
HDFCBANK
2315.00
2259.00
2287.00
2333.00
2361.00
2407.00
HEROHONDA
1825.00
1778.00
1801.00
1818.00
1841.00
1858.00
HINDALCO
223.00
214.00
219.00
226.00
230.00
238.00
HINDUNILVR
302.00
294.00
298.00
304.00
308.00
314.00
ICICIBANK
1200.00
1169.00
1185.00
1210.00
1226.00
1251.00
IDEA
70.00
66.00
68.00
69.00
71.00
73.00
IDFC
190.00
182.00
186.00
193.00
198.00
205.00
INFOSYSTCH
2998.00
2959.00
2978.00
3009.00
3028.00
3058.00
ITC
174.00
170.00
172.00
174.00
176.00
179.00
JINDALSTEL
687.00
663.00
675.00
694.00
706.00
725.00
JPASSOCIAT
129.00
123.00
126.00
131.00
134.00
139.00
KOTAKBANK
478.00
463.00
471.00
480.00
487.00
496.00
LT
2080.00
2041.00
2061.00
2092.00
2112.00
2143.00
M&M
773.00
738.00
756.00
785.00
803.00
832.00
MARUTI
1455.00
1431.00
1443.00
1456.00
1468.00
1481.00
NTPC
192.00
190.00
191.00
193.00
194.00
195.00
ONGC
1305.00
1277.00
1291.00
1309.00
1323.00
1341.00
PNB
1325.00
1296.00
1311.00
1334.00
1349.00
1372.00
POWERGRID
100.00
97.00
98.00
100.00
101.00
103.00
RANBAXY
576.00
558.00
567.00
581.00
591.00
605.00
RCOM
170.00
165.00
167.00
172.00
174.00
179.00
RELCAPITAL
784.00
756.00
770.00
794.00
808.00
832.00
RELIANCE
1062.00
1038.00
1050.00
1069.00
1081.00
1099.00
RELINFRA
1049.00
1024.00
1037.00
1054.00
1067.00
1084.00
RPOWER
183.00
176.00
180.00
185.00
189.00
194.00
SAIL
192.00
188.00
190.00
193.00
195.00
198.00
SBIN
3027.00
2895.00
2961.00
3068.00
3134.00
3241.00
SIEMENS
826.00
800.00
813.00
828.00
841.00
856.00
STER
182.00
173.00
178.00
183.00
188.00
193.00
SUNPHARMA
2322.00
2258.00
2290.00
2337.00
2369.00
2416.00
SUZLON
55.00
53.00
54.00
56.00
57.00
58.00
TATAMOTORS
1246.00
1210.00
1228.00
1260.00
1278.00
1309.00
TATAPOWER
1376.00
1339.00
1358.00
1385.00
1404.00
1431.00
TATASTEEL
607.00
586.00
597.00
614.00
624.00
641.00
TCS
1056.00
1036.00
1046.00
1058.00
1068.00
1080.00
UNITECH
81.00
78.00
80.00
83.00
85.00
88.00
WIPRO
425.00
417.00
421.00
426.00
431.00
436.00
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 [email protected]
Research Team: 022-3952 6600
Website: www.angelbroking.com
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