Technical Report
Date : 23/02/2011
Market Summary
Indices
Top 5 Gainers
Top 5 Losers
Sectoral Watch
Nifty
Sensex
Stocks
% Gain
Stocks
% Loss
Sector
% G / L
Open
5504
18391
RELIANCE
3.13
RANBAXY
4.12
CG
(2.12)
High
5519
18458
CAIRN
3.04
SUZLON
3.59
AUTO
(1.93)
Low
5437
18187
RCOM
1.60
AXISBANK
3.49
BANKEX
(1.85)
Close
5469
18296
DRREDDY
1.15
HEROHONDA
3.47
PSU
(1.24)
% Chg
(0.90)
(0.77)
STER
1.05
BPCL
3.15
OIL&GAS
1.26
Source : Falcon
SENSEX DLY CHART
Market opened lower in the wake of weak global cues and traded with choppiness to close in red. On the daily
chart we are witnessing a narrow range body formation which indicates consolidation phase. In coming trading
session, if indices trade convincingly above 18459 / 5526 levels then it is likely to test 18542- 18690 / 5560 -
5699 levels. On the flip side, 18187 - 18082 / 5437 - 5413 are crucial support levels for the indices and any
close below 18050 / 5400 levels may intensify the selling pressure.
Stocks +ve Bias
Stocks -ve Bias
LIC HSG FIN
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
18296.00
18043.00
18170.00
18314.00
18440.00
18584.00
NIFTY
5469.00
5393.00
5431.00
5475.00
5513.00
5557.00
ABB
664.00
653.00
658.00
662.00
668.00
672.00
ACC
1008.00
978.00
993.00
1004.00
1019.00
1030.00
AMBUJACEM
124.00
118.00
121.00
125.00
128.00
131.00
AXISBANK
1265.00
1236.00
1250.00
1272.00
1286.00
1308.00
BHARTIARTL
331.00
318.00
324.00
329.00
336.00
341.00
BHEL
2078.00
2041.00
2059.00
2082.00
2100.00
2123.00
BPCL
570.00
552.00
561.00
569.00
578.00
586.00
CAIRN
330.00
313.00
321.00
328.00
337.00
344.00
CIPLA
305.00
300.00
303.00
305.00
307.00
309.00
DLF
228.00
222.00
225.00
229.00
231.00
235.00
GAIL
442.00
431.00
437.00
443.00
449.00
455.00
HCLTECH
460.00
449.00
455.00
460.00
465.00
470.00
HDFC
641.00
631.00
636.00
641.00
646.00
652.00
HDFCBANK
2138.00
2086.00
2112.00
2152.00
2178.00
2218.00
HEROHONDA
1391.00
1339.00
1365.00
1401.00
1427.00
1464.00
HINDALCO
212.00
205.00
209.00
212.00
215.00
218.00
HINDUNILVR
280.00
274.00
277.00
280.00
283.00
285.00
ICICIBANK
1027.00
1007.00
1017.00
1025.00
1035.00
1043.00
IDEA
60.00
56.00
58.00
60.00
62.00
64.00
IDFC
139.00
133.00
136.00
141.00
144.00
149.00
INFOSYSTCH
3142.00
3088.00
3115.00
3141.00
3168.00
3194.00
ITC
157.00
154.00
156.00
157.00
158.00
159.00
JINDALSTEL
673.00
654.00
663.00
677.00
686.00
699.00
JPASSOCIAT
86.00
83.00
84.00
86.00
87.00
89.00
KOTAKBANK
409.00
395.00
402.00
408.00
415.00
422.00
LT
1606.00
1573.00
1589.00
1615.00
1631.00
1657.00
M&M
640.00
625.00
632.00
639.00
646.00
653.00
MARUTI
1181.00
1151.00
1166.00
1185.00
1201.00
1220.00
NTPC
176.00
173.00
174.00
176.00
177.00
179.00
ONGC
272.00
263.00
267.00
272.00
277.00
282.00
PNB
1069.00
1047.00
1058.00
1071.00
1082.00
1095.00
POWERGRID
98.00
97.00
98.00
98.00
99.00
99.00
RANBAXY
492.00
473.00
483.00
496.00
505.00
519.00
RCOM
95.00
90.00
93.00
95.00
97.00
100.00
RELCAPITAL
457.00
430.00
444.00
457.00
471.00
484.00
RELIANCE
985.00
961.00
973.00
991.00
1003.00
1021.00
RELINFRA
622.00
596.00
609.00
623.00
636.00
650.00
RPOWER
114.00
110.00
112.00
115.00
116.00
119.00
SAIL
156.00
153.00
155.00
157.00
159.00
161.00
SBIN
2727.00
2676.00
2702.00
2739.00
2765.00
2802.00
SIEMENS
842.00
836.00
839.00
842.00
845.00
848.00
STER
168.00
161.00
164.00
167.00
171.00
174.00
SUNPHARMA
416.00
402.00
409.00
419.00
427.00
437.00
SUZLON
46.00
44.00
45.00
46.00
47.00
48.00
TATAMOTORS
1137.00
1107.00
1122.00
1138.00
1153.00
1169.00
TATAPOWER
1237.00
1203.00
1220.00
1235.00
1252.00
1268.00
TATASTEEL
624.00
615.00
619.00
625.00
630.00
636.00
TCS
1139.00
1108.00
1123.00
1135.00
1151.00
1163.00
UNITECH
35.00
34.00
34.00
35.00
36.00
36.00
WIPRO
445.00
422.00
433.00
447.00
458.00
471.00
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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