Technical Report
Date : 20/04/2011
Market Summary
Indices
Top 5 Gainers
Top 5 Losers
Sectoral Watch
Nifty
Sensex
Stocks
% Gain
Stocks
% Loss
Sector
% G / L
Open
5716
19092
IDFC
3.05
HEROHONDA
5.25
TECK
0.77
High
5763
19202
HCLTECH
3.03
GRASIM
2.87
OIL&GAS
0.62
Low
5693
18976
BPCL
2.69
BHEL
2.29
CD
0.52
Close
5741
19122
CAIRN
2.45
KOTAKBANK
1.57
BANKEX
0.50
% Chg
0.20
(0.16)
BHARTIARTL
2.44
DRREDDY
1.45
FMCG
(0.89)
Source : Falcon
NIFTY DLY CHART
Markets opened flat and traded in a narrow range with extreme volatility to close marginally in green. On the daily
chart we are observing a candlestick pattern that resembles a Spinning top which gives a minor clue that the
preceding down move is losing momentum. Also the prices have managed to close above the 200 day SMA after
trading below it for a significant part of the trading session. Hence, in coming trading session if indices trade
above 19201 / 5763 levels then they are likely to test 19309 - 19390 / 5800 - 5822 levels. On the downside,
19040 - 18800 / 5700 - 5650 may act as support for the day.
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
19122.00
18874.00
18998.00
19100.00
19224.00
19326.00
NIFTY
5741.00
5663.00
5702.00
5732.00
5771.00
5802.00
ABB
816.00
801.00
809.00
819.00
827.00
837.00
ACC
1102.00
1082.00
1092.00
1100.00
1110.00
1118.00
AMBUJACEM
151.00
148.00
149.00
151.00
152.00
153.00
AXISBANK
1409.00
1368.00
1389.00
1403.00
1423.00
1437.00
BHARTIARTL
376.00
361.00
369.00
373.00
381.00
386.00
BHEL
2132.00
2069.00
2101.00
2142.00
2174.00
2215.00
BPCL
605.00
577.00
591.00
600.00
614.00
622.00
CAIRN
344.00
327.00
336.00
341.00
350.00
355.00
CIPLA
318.00
310.00
314.00
317.00
321.00
325.00
DLF
237.00
226.00
231.00
234.00
240.00
243.00
GAIL
473.00
449.00
461.00
468.00
479.00
486.00
HCLTECH
477.00
459.00
468.00
474.00
483.00
489.00
HDFC
695.00
681.00
688.00
694.00
701.00
707.00
HDFCBANK
2348.00
2309.00
2328.00
2344.00
2363.00
2378.00
HEROHONDA
1767.00
1680.00
1724.00
1803.00
1847.00
1926.00
HINDALCO
205.00
198.00
201.00
204.00
207.00
210.00
HINDUNILVR
277.00
273.00
275.00
278.00
281.00
284.00
ICICIBANK
1090.00
1064.00
1077.00
1085.00
1098.00
1107.00
IDEA
68.00
65.00
66.00
68.00
69.00
70.00
IDFC
158.00
151.00
155.00
157.00
161.00
163.00
INFOSYSTCH
2887.00
2852.00
2870.00
2898.00
2916.00
2944.00
ITC
188.00
184.00
186.00
188.00
190.00
193.00
JINDALSTEL
662.00
649.00
655.00
663.00
669.00
676.00
JPASSOCIAT
97.00
93.00
95.00
96.00
98.00
99.00
KOTAKBANK
443.00
435.00
439.00
444.00
448.00
453.00
LT
1704.00
1643.00
1673.00
1692.00
1722.00
1741.00
M&M
726.00
704.00
715.00
725.00
736.00
747.00
MARUTI
1255.00
1227.00
1241.00
1254.00
1268.00
1281.00
NTPC
184.00
181.00
183.00
184.00
185.00
186.00
ONGC
290.00
280.00
285.00
288.00
293.00
296.00
PNB
1184.00
1169.00
1177.00
1184.00
1192.00
1199.00
POWERGRID
103.00
102.00
103.00
104.00
104.00
105.00
RANBAXY
457.00
448.00
452.00
456.00
461.00
464.00
RCOM
108.00
104.00
106.00
107.00
109.00
111.00
RELCAPITAL
600.00
579.00
590.00
597.00
607.00
615.00
RELIANCE
1012.00
991.00
1001.00
1009.00
1020.00
1028.00
RELINFRA
676.00
658.00
667.00
674.00
683.00
690.00
RPOWER
128.00
126.00
127.00
128.00
129.00
130.00
SAIL
170.00
166.00
168.00
169.00
171.00
172.00
SBIN
2733.00
2685.00
2709.00
2739.00
2763.00
2793.00
SIEMENS
830.00
805.00
818.00
831.00
844.00
857.00
STER
170.00
168.00
169.00
171.00
172.00
173.00
SUNPHARMA
442.00
422.00
432.00
437.00
447.00
453.00
SUZLON
54.00
52.00
53.00
54.00
55.00
56.00
TATAMOTORS
1201.00
1176.00
1188.00
1201.00
1214.00
1227.00
TATAPOWER
1300.00
1266.00
1283.00
1296.00
1313.00
1327.00
TATASTEEL
609.00
599.00
604.00
610.00
616.00
622.00
TCS
1165.00
1129.00
1147.00
1158.00
1176.00
1187.00
UNITECH
43.00
41.00
42.00
43.00
43.00
44.00
WIPRO
450.00
435.00
442.00
447.00
454.00
459.00
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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