Technical Report
Date : 24/02/2011
Market Summary
Indices
Top 5 Gainers
Top 5 Losers
Sectoral Watch
Nifty
Sensex
Stocks
% Gain
Stocks
% Loss
Sector
% G / L
Open
5452
18234
RELINFRA
11.97
RANBAXY
6.70
BANKEX
(1.75)
High
5495
18377
HEROHOND
7.94
SBIN
3.75
IT
(1.50)
Low
5428
18150
RELCAPITAL
2.41
DLF
3.63
REALTY
(1.27)
Close
5437
18178
DRREDDY
2.02
TATAPOWER
2.59
TECK
(1.27)
% Chg
(0.58)
(0.64)
RCOM
1.53
IDFC
2.48
OIL&GAS
0.53
Source : Falcon
SENSEX DLY CHART
Market opened lower and traded in a narrow band with negative bias to close in red. On the daily chart, we are
witnessing that indices have closed near the crucial support of 18050 / 5400 levels. In coming trading session if
indices trade below 18050 / 5400 levels, then they are likely to test 17930 - 17842 / 5360 -5330 levels. On the
upside 18378 - 18460 / 5500 - 5530 levels are likely to act as resistance for the day. Volatility is expected to be
high on account of derivative expiry on Thursday.
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
18178.00
18008.00
18093.00
18235.00
18321.00
18463.00
NIFTY
5437.00
5386.00
5412.00
5453.00
5479.00
5521.00
ABB
695.00
607.00
651.00
683.00
727.00
759.00
ACC
1014.00
993.00
1003.00
1013.00
1023.00
1033.00
AMBUJACEM
125.00
119.00
122.00
124.00
127.00
129.00
AXISBANK
1255.00
1234.00
1245.00
1262.00
1272.00
1289.00
BHARTIARTL
328.00
319.00
324.00
330.00
335.00
342.00
BHEL
2039.00
2001.00
2020.00
2052.00
2071.00
2104.00
BPCL
563.00
552.00
557.00
563.00
568.00
574.00
CAIRN
327.00
319.00
323.00
329.00
333.00
339.00
CIPLA
303.00
298.00
301.00
304.00
307.00
310.00
DLF
220.00
211.00
216.00
223.00
227.00
234.00
GAIL
443.00
435.00
439.00
443.00
448.00
452.00
HCLTECH
460.00
447.00
453.00
460.00
466.00
472.00
HDFC
647.00
630.00
639.00
650.00
658.00
670.00
HDFCBANK
2114.00
2070.00
2092.00
2122.00
2145.00
2175.00
HEROHONDA
1472.00
1316.00
1394.00
1456.00
1534.00
1596.00
HINDALCO
212.00
208.00
210.00
213.00
215.00
218.00
HINDUNILVR
280.00
276.00
278.00
280.00
282.00
284.00
ICICIBANK
1006.00
986.00
996.00
1013.00
1023.00
1040.00
IDEA
60.00
58.00
59.00
60.00
61.00
62.00
IDFC
135.00
130.00
132.00
136.00
139.00
142.00
INFOSYSTCH
3079.00
3049.00
3064.00
3085.00
3100.00
3121.00
ITC
156.00
154.00
155.00
156.00
157.00
158.00
JINDALSTEL
670.00
662.00
666.00
672.00
676.00
682.00
JPASSOCIAT
84.00
81.00
82.00
85.00
86.00
89.00
KOTAKBANK
408.00
402.00
405.00
408.00
411.00
415.00
LT
1601.00
1579.00
1590.00
1608.00
1619.00
1638.00
M&M
641.00
626.00
633.00
641.00
648.00
656.00
MARUTI
1193.00
1166.00
1179.00
1191.00
1204.00
1216.00
NTPC
173.00
169.00
171.00
174.00
176.00
179.00
ONGC
272.00
267.00
269.00
272.00
274.00
277.00
PNB
1059.00
1038.00
1048.00
1063.00
1073.00
1088.00
POWERGRID
100.00
98.00
99.00
99.00
100.00
101.00
RANBAXY
462.00
441.00
451.00
469.00
480.00
498.00
RCOM
96.00
92.00
94.00
96.00
99.00
101.00
RELCAPITAL
471.00
438.00
454.00
469.00
486.00
501.00
RELIANCE
996.00
977.00
986.00
994.00
1004.00
1012.00
RELINFRA
697.00
582.00
639.00
674.00
732.00
767.00
RPOWER
114.00
111.00
113.00
115.00
117.00
119.00
SAIL
155.00
151.00
153.00
156.00
158.00
161.00
SBIN
2618.00
2538.00
2578.00
2649.00
2689.00
2761.00
SIEMENS
844.00
833.00
838.00
844.00
849.00
854.00
STER
169.00
163.00
166.00
170.00
173.00
177.00
SUNPHARMA
416.00
408.00
412.00
418.00
423.00
429.00
SUZLON
45.00
44.00
45.00
45.00
46.00
47.00
TATAMOTORS
1144.00
1113.00
1128.00
1146.00
1161.00
1179.00
TATAPOWER
1205.00
1172.00
1188.00
1217.00
1233.00
1261.00
TATASTEEL
627.00
537.00
582.00
659.00
705.00
782.00
TCS
1126.00
1109.00
1117.00
1131.00
1139.00
1153.00
UNITECH
35.00
33.00
34.00
35.00
36.00
38.00
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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