Technical Report
Date : 18/11/2010
Market Summary
Indices
Top 5 Gainers
Top 5 Losers
Sectoral Watch
Nifty
Sensex
Stocks
% Gain
Stocks
% Loss
Sector
% G / L
Open
6143
20372
BHARTIARTL
1.47
HINDALCO
5.33
REALTY
(3.55)
High
6144
20380
RANBAXY
0.33
STER
5.17
METAL
(3.11)
Low
5971
19832
ABUJACEM
5.09
CG
(2.78)
Close
5989
19865
RCOM
4.79
CD
(2.58)
% Chg
0.82
(2.19)
JPASSOCIAT
4.45
AUTO
(2.22)
Source : Falcon
SENSEX DLY CHART
Markets witnessed selling in the opening hour of trade which continued throughout the day to close deep in red.
On the daily chart we are observing that prices have moved closer to the prior swing low of 19769 / 5937 and any
breach of these levels on closing basis may intensify the selling pressure. In coming trading session if indices
trade below 19832 / 5970 then they may test 19769 - 19598 / 5937 - 5880 levels. However, as the hourly charts
are extremely oversold, a bounce up to 20020 - 20110 / 6039 - 6061 cannot be ruled out.
Stocks +ve Bias
Stocks -ve Bias
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
19865.00
19478.00
19672.00
20026.00
20219.00
20574.00
NIFTY
5989.00
5861.00
5925.00
6034.00
6098.00
6208.00
ABB
839.00
814.00
827.00
849.00
862.00
884.00
ACC
1046.00
1008.00
1027.00
1049.00
1068.00
1090.00
AMBUJACEM
148.00
140.00
144.00
150.00
154.00
160.00
AXISBANK
1469.00
1394.00
1431.00
1483.00
1520.00
1572.00
BHARTIARTL
313.00
306.00
310.00
315.00
319.00
324.00
BHEL
2333.00
2267.00
2300.00
2355.00
2388.00
2443.00
BPCL
725.00
691.00
708.00
724.00
741.00
757.00
CAIRN
328.00
320.00
324.00
329.00
333.00
338.00
CIPLA
339.00
327.00
333.00
339.00
345.00
352.00
DLF
314.00
304.00
309.00
318.00
323.00
332.00
GAIL
490.00
479.00
485.00
490.00
495.00
500.00
HCLTECH
392.00
373.00
383.00
395.00
405.00
417.00
HDFC
698.00
677.00
688.00
704.00
715.00
732.00
HDFCBANK
2373.00
2291.00
2332.00
2366.00
2407.00
2440.00
HEROHONDA
1818.00
1779.00
1798.00
1819.00
1838.00
1859.00
HINDALCO
212.00
202.00
207.00
216.00
221.00
230.00
HINDUNILVR
298.00
291.00
295.00
300.00
304.00
309.00
ICICIBANK
1202.00
1165.00
1184.00
1212.00
1231.00
1259.00
IDEA
70.00
67.00
68.00
69.00
70.00
71.00
IDFC
191.00
183.00
187.00
192.00
196.00
201.00
INFOSYSTCH
2971.00
2898.00
2934.00
2977.00
3013.00
3055.00
ITC
170.00
164.00
167.00
172.00
175.00
180.00
JINDALSTEL
672.00
640.00
656.00
671.00
687.00
702.00
JPASSOCIAT
122.00
116.00
119.00
124.00
127.00
133.00
KOTAKBANK
482.00
467.00
475.00
481.00
488.00
494.00
LT
2006.00
1943.00
1974.00
2031.00
2062.00
2119.00
M&M
778.00
758.00
768.00
785.00
795.00
812.00
MARUTI
1401.00
1348.00
1374.00
1412.00
1438.00
1476.00
NTPC
187.00
183.00
185.00
188.00
190.00
193.00
ONGC
1293.00
1248.00
1271.00
1299.00
1322.00
1350.00
PNB
1320.00
1281.00
1301.00
1320.00
1339.00
1358.00
POWERGRID
100.00
99.00
99.00
101.00
101.00
102.00
RANBAXY
568.00
550.00
559.00
569.00
579.00
589.00
RCOM
162.00
151.00
156.00
164.00
169.00
177.00
RELCAPITAL
749.00
732.00
741.00
754.00
763.00
776.00
RELIANCE
1031.00
1006.00
1018.00
1039.00
1051.00
1071.00
RELINFRA
993.00
960.00
977.00
1004.00
1021.00
1048.00
RPOWER
176.00
169.00
173.00
179.00
182.00
188.00
SAIL
189.00
183.00
186.00
191.00
194.00
198.00
SBIN
3081.00
2983.00
3032.00
3110.00
3159.00
3237.00
SIEMENS
811.00
792.00
801.00
812.00
821.00
831.00
STER
173.00
163.00
168.00
176.00
181.00
189.00
SUNPHARMA
2304.00
2248.00
2276.00
2313.00
2341.00
2378.00
SUZLON
52.00
50.00
51.00
53.00
54.00
56.00
TATAMOTORS
1206.00
1141.00
1173.00
1219.00
1252.00
1298.00
TATAPOWER
1345.00
1292.00
1319.00
1358.00
1384.00
1424.00
TATASTEEL
606.00
579.00
592.00
608.00
622.00
638.00
TCS
1049.00
1028.00
1039.00
1053.00
1063.00
1077.00
UNITECH
74.00
70.00
72.00
76.00
78.00
82.00
WIPRO
422.00
406.00
414.00
425.00
433.00
444.00
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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