Technical Report
Date : 31/01/2011
Market Summary
Indices
Top 5 Gainers
Top 5 Losers
Sectoral Watch
Nifty
Sensex
Stocks
% Gain
Stocks
% Loss
Sector
% G / L
Open
5614
18709
ONGC
2.53
DLF
6.91
REALTY
(4.96)
High
5614
18723
RELINFRA
1.69
M&M
4.85
CD
(3.91)
Low
5460
18235
ICICIBANK
1.03
HEROHONDA
4.47
AUTO
(3.56)
Close
5512
18396
HINDUNILVR
0.85
RELCAPITAL
4.28
CG
(3.06)
% Chg
(1.64)
(1.54)
SAIL
0.60
ACC
4.24
POWER
(2.47)
Source : Falcon
SENSEX DLY CHART
The coming week is likely to roll out with negative sentiment. On the daily chart, the indices have closed well
below the 200-days SMA, which indicates weakness going forward. Heavyweight large-cap stocks are also
forming a bearish pattern and many stocks are trading near to their 52-weeks low, which suggests that stocks
may witness further price correction. The indices on the downside are now likely to test multiple support levels of
17820 / 5350 or even may test 17373 / 5200 level in the coming weeks. On the up-side, a pull back could be
expected from current levels up to 18920 - 19076 / 5672 - 5721 levels where again selling pressure may emerge
as the trend is down.
Stocks +ve Bias
Stocks -ve Bias
TATAMOTORS
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
18396.00
17956.00
18176.00
18456.00
18676.00
18956.00
NIFTY
5512.00
5374.00
5443.00
5529.00
5598.00
5684.00
ABB
706.00
686.00
696.00
710.00
720.00
734.00
ACC
992.00
958.00
975.00
1002.00
1019.00
1046.00
AMBUJACEM
132.00
127.00
130.00
131.00
133.00
135.00
AXISBANK
1254.00
1206.00
1230.00
1267.00
1291.00
1328.00
BHARTIARTL
327.00
318.00
322.00
327.00
332.00
337.00
BHEL
2152.00
2069.00
2111.00
2173.00
2214.00
2276.00
BPCL
637.00
613.00
625.00
632.00
644.00
652.00
CAIRN
327.00
318.00
322.00
328.00
332.00
338.00
CIPLA
335.00
317.00
326.00
334.00
342.00
350.00
DLF
222.00
203.00
213.00
226.00
236.00
249.00
GAIL
460.00
439.00
449.00
455.00
466.00
472.00
HCLTECH
493.00
472.00
483.00
497.00
508.00
523.00
HDFC
645.00
619.00
632.00
652.00
666.00
686.00
HDFCBANK
2051.00
2013.00
2032.00
2061.00
2079.00
2108.00
HEROHONDA
1657.00
1582.00
1619.00
1675.00
1712.00
1767.00
HINDALCO
224.00
209.00
216.00
225.00
233.00
242.00
HINDUNILVR
272.00
263.00
268.00
271.00
276.00
279.00
ICICIBANK
1018.00
977.00
998.00
1014.00
1035.00
1051.00
IDEA
71.00
68.00
69.00
70.00
71.00
72.00
IDFC
153.00
144.00
149.00
151.00
155.00
157.00
INFOSYSTCH
3168.00
3065.00
3116.00
3192.00
3244.00
3320.00
ITC
168.00
163.00
166.00
168.00
170.00
173.00
JINDALSTEL
673.00
628.00
650.00
678.00
700.00
728.00
JPASSOCIAT
87.00
84.00
86.00
88.00
90.00
92.00
KOTAKBANK
392.00
367.00
380.00
387.00
400.00
407.00
LT
1607.00
1560.00
1584.00
1617.00
1640.00
1674.00
M&M
698.00
645.00
672.00
703.00
730.00
761.00
MARUTI
1270.00
1202.00
1236.00
1254.00
1288.00
1306.00
NTPC
192.00
188.00
190.00
193.00
195.00
198.00
ONGC
1133.00
1103.00
1118.00
1131.00
1147.00
1160.00
PNB
1094.00
1075.00
1085.00
1097.00
1107.00
1119.00
POWERGRID
99.00
94.00
96.00
98.00
100.00
101.00
RANBAXY
541.00
513.00
527.00
537.00
551.00
561.00
RCOM
125.00
121.00
123.00
125.00
127.00
130.00
RELCAPITAL
536.00
508.00
522.00
542.00
556.00
575.00
RELIANCE
913.00
876.00
895.00
920.00
939.00
964.00
RELINFRA
725.00
693.00
709.00
720.00
736.00
747.00
RPOWER
137.00
133.00
135.00
138.00
139.00
142.00
SAIL
158.00
153.00
156.00
158.00
161.00
163.00
SBIN
2620.00
2544.00
2582.00
2628.00
2666.00
2713.00
SIEMENS
728.00
666.00
697.00
722.00
753.00
778.00
STER
167.00
157.00
162.00
167.00
171.00
176.00
SUNPHARMA
449.00
422.00
436.00
449.00
462.00
475.00
SUZLON
50.00
47.00
49.00
50.00
51.00
52.00
TATAMOTORS
1150.00
1086.00
1118.00
1154.00
1186.00
1222.00
TATAPOWER
1263.00
1218.00
1241.00
1275.00
1297.00
1332.00
TATASTEEL
637.00
616.00
627.00
641.00
651.00
665.00
TCS
1181.00
1145.00
1163.00
1183.00
1202.00
1222.00
UNITECH
51.00
46.00
49.00
51.00
53.00
56.00
WIPRO
438.00
430.00
434.00
439.00
443.00
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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