Technical Report
Date : 25/02/2011
Market Summary
Indices
Top 5 Gainers
Top 5 Losers
Sectoral Watch
Nifty
Sensex
Stocks
% Gain
Stocks
% Loss
Sector
% G / L
Open
5409
18135
SUZLON
1.44
TATAMOTORS
6.43
BANKEX
(3.97)
High
5423
18135
CAIRN
1.31
JPASSOCIAT
6.21
CD
(3.89)
Low
5243
17560
SESAGOA
5.75
CG
(3.77)
Close
5263
17632
RELCAPITAL
5.64
AUTO
(3.52)
% Chg
(3.21)
(3.00)
LT
5.31
REALTY
(3.48)
Source : Falcon
SENSEX DLY CHART
Markets witnessed a gap down opening and momentum on the downside intensified as day progressed which led
the indices to close deep in red. On the daily chart we are observing that indices have closed well below the
support zone of the upward gap area (17752 to 17857 / 5319 to 5340) which suggests weakness. In coming
trading session if indices trade below 5242 levels then they are likely to test 17373 / 5200 levels or the prior
bottom of 17295 / 5177. However, on the upside a bounce up to 17866 - 17964 / 5340 - 5370 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
17632.00
17200.00
17416.00
17776.00
17992.00
18351.00
NIFTY
5263.00
5129.00
5196.00
5310.00
5377.00
5490.00
ABB
670.00
579.00
624.00
703.00
748.00
826.00
ACC
999.00
960.00
979.00
1002.00
1021.00
1044.00
AMBUJACEM
123.00
119.00
121.00
123.00
125.00
127.00
AXISBANK
1190.00
1136.00
1163.00
1207.00
1234.00
1278.00
BHARTIARTL
324.00
313.00
318.00
327.00
333.00
342.00
BHEL
1998.00
1945.00
1971.00
2017.00
2043.00
2089.00
BPCL
540.00
514.00
527.00
542.00
555.00
571.00
CAIRN
331.00
323.00
327.00
331.00
335.00
339.00
CIPLA
299.00
290.00
294.00
300.00
304.00
310.00
DLF
213.00
204.00
209.00
216.00
221.00
228.00
GAIL
438.00
423.00
430.00
440.00
447.00
457.00
HCLTECH
441.00
405.00
423.00
443.00
461.00
481.00
HDFC
617.00
587.00
602.00
625.00
640.00
663.00
HDFCBANK
2059.00
2002.00
2030.00
2074.00
2103.00
2147.00
HEROHONDA
1495.00
1434.00
1465.00
1493.00
1523.00
1552.00
HINDALCO
205.00
198.00
202.00
207.00
210.00
216.00
HINDUNILVR
280.00
274.00
277.00
280.00
284.00
287.00
ICICIBANK
951.00
906.00
929.00
966.00
989.00
1027.00
IDEA
58.00
56.00
57.00
59.00
60.00
62.00
IDFC
131.00
126.00
129.00
133.00
135.00
139.00
INFOSYSTCH
3009.00
2943.00
2976.00
3028.00
3061.00
3113.00
ITC
151.00
145.00
148.00
152.00
155.00
159.00
JINDALSTEL
631.00
596.00
613.00
644.00
662.00
692.00
JPASSOCIAT
79.00
75.00
77.00
80.00
82.00
86.00
KOTAKBANK
402.00
383.00
392.00
400.00
410.00
418.00
LT
1516.00
1452.00
1484.00
1542.00
1574.00
1632.00
M&M
616.00
587.00
601.00
621.00
635.00
655.00
MARUTI
1175.00
1132.00
1153.00
1176.00
1197.00
1220.00
NTPC
171.00
168.00
169.00
172.00
173.00
175.00
ONGC
265.00
256.00
261.00
266.00
270.00
275.00
PNB
1038.00
973.00
1005.00
1045.00
1077.00
1116.00
POWERGRID
98.00
95.00
97.00
98.00
100.00
101.00
RANBAXY
442.00
419.00
430.00
447.00
459.00
476.00
RCOM
92.00
88.00
90.00
94.00
96.00
100.00
RELCAPITAL
446.00
422.00
434.00
454.00
466.00
485.00
RELIANCE
964.00
933.00
949.00
974.00
989.00
1014.00
RELINFRA
666.00
629.00
647.00
676.00
695.00
724.00
RPOWER
111.00
107.00
109.00
112.00
114.00
117.00
SAIL
154.00
149.00
152.00
154.00
157.00
159.00
SBIN
2529.00
2433.00
2481.00
2560.00
2608.00
2688.00
SIEMENS
842.00
834.00
838.00
842.00
846.00
849.00
STER
163.00
154.00
159.00
164.00
168.00
173.00
SUNPHARMA
407.00
394.00
400.00
410.00
417.00
426.00
SUZLON
45.00
43.00
44.00
45.00
46.00
47.00
TATAMOTORS
1054.00
975.00
1015.00
1078.00
1118.00
1182.00
TATAPOWER
1191.00
1139.00
1165.00
1191.00
1217.00
1243.00
TATASTEEL
603.00
577.00
590.00
608.00
621.00
639.00
TCS
1112.00
1067.00
1089.00
1114.00
1137.00
1161.00
UNITECH
34.00
33.00
34.00
35.00
35.00
36.00
WIPRO
427.00
411.00
419.00
430.00
438.00
449.00
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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