Technical Report
Date : 31/03/2011
Market Summary
Indices
Top 5 Gainers
Top 5 Losers
Sectoral Watch
Nifty
Sensex
Stocks
% Gain
Stocks
% Loss
Sector
% G / L
Open
5756
19179
AMBUJACEM
9.42
HINDALCO
1.15
CD
3.98
High
5803
19357
DLF
4.70
CAIRN
1.14
REALTY
3.14
Low
5754
19179
PNB
4.68
SAIL
1.09
HC
1.95
Close
5788
19290
JPASOCIAT
4.52
IDFC
0.57
BANKEX
1.67
% Chg
0.89
0.89
ACC
4.03
RELCAPITAL
0.55
AUTO
1.49
Source : Falcon
SENSEX DLY CHART
Market opened higher and traded in a narrow range to close in green. On the daily chart we are observing that
prices are away from the short term averages viz 5&20day EMA. Hence a consolidation of previous gains cannot
be ruled out.On the downside indices have support at 19100 - 18968 / 5730 - 5687 levels. Any move beyond
19360 / 5805 levels would lead indices to test 19500 - 19560 / 5850 - 5874 levels.
Stocks +ve Bias
Stocks -ve Bias
REC LTD
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
19290.00
19097.00
19194.00
19275.00
19372.00
19454.00
NIFTY
5788.00
5732.00
5760.00
5782.00
5809.00
5831.00
ABB
812.00
787.00
800.00
815.00
828.00
843.00
ACC
1079.00
1027.00
1053.00
1069.00
1094.00
1110.00
AMBUJACEM
150.00
133.00
142.00
147.00
155.00
161.00
AXISBANK
1426.00
1405.00
1416.00
1424.00
1435.00
1443.00
BHARTIARTL
359.00
351.00
355.00
359.00
363.00
366.00
BHEL
2061.00
2036.00
2049.00
2071.00
2083.00
2105.00
BPCL
614.00
599.00
606.00
613.00
620.00
627.00
CAIRN
347.00
340.00
343.00
349.00
353.00
358.00
CIPLA
328.00
305.00
316.00
325.00
336.00
344.00
DLF
264.00
250.00
257.00
261.00
268.00
272.00
GAIL
459.00
447.00
453.00
458.00
464.00
469.00
HCLTECH
476.00
463.00
470.00
478.00
484.00
492.00
HDFC
698.00
680.00
689.00
695.00
704.00
709.00
HDFCBANK
2342.00
2279.00
2310.00
2337.00
2368.00
2395.00
HEROHONDA
1558.00
1537.00
1547.00
1560.00
1571.00
1584.00
HINDALCO
205.00
201.00
203.00
207.00
209.00
212.00
HINDUNILVR
278.00
272.00
275.00
278.00
281.00
283.00
ICICIBANK
1109.00
1093.00
1101.00
1108.00
1116.00
1123.00
IDEA
66.00
63.00
65.00
66.00
67.00
69.00
IDFC
156.00
154.00
155.00
156.00
157.00
159.00
INFOSYSTCH
3171.00
3130.00
3151.00
3177.00
3197.00
3224.00
ITC
178.00
174.00
176.00
179.00
180.00
183.00
JINDALSTEL
689.00
673.00
681.00
688.00
696.00
704.00
JPASSOCIAT
92.00
87.00
90.00
91.00
94.00
95.00
KOTAKBANK
459.00
450.00
455.00
458.00
463.00
466.00
LT
1657.00
1625.00
1641.00
1666.00
1682.00
1707.00
M&M
710.00
681.00
695.00
704.00
718.00
727.00
MARUTI
1269.00
1211.00
1240.00
1268.00
1297.00
1325.00
NTPC
189.00
185.00
187.00
189.00
191.00
193.00
ONGC
282.00
275.00
279.00
284.00
288.00
294.00
PNB
1218.00
1150.00
1184.00
1207.00
1241.00
1264.00
POWERGRID
101.00
99.00
100.00
101.00
102.00
102.00
RANBAXY
442.00
434.00
438.00
442.00
446.00
450.00
RCOM
110.00
107.00
108.00
110.00
112.00
113.00
RELCAPITAL
580.00
570.00
575.00
582.00
587.00
594.00
RELIANCE
1033.00
1018.00
1025.00
1031.00
1039.00
1045.00
RELINFRA
676.00
664.00
670.00
678.00
685.00
693.00
RPOWER
125.00
123.00
124.00
125.00
126.00
127.00
SAIL
167.00
162.00
165.00
168.00
171.00
175.00
SBIN
2856.00
2739.00
2797.00
2834.00
2893.00
2929.00
SIEMENS
876.00
873.00
874.00
876.00
878.00
880.00
STER
172.00
170.00
171.00
173.00
174.00
176.00
SUNPHARMA
445.00
437.00
441.00
445.00
449.00
454.00
SUZLON
44.00
43.00
44.00
44.00
45.00
45.00
TATAMOTORS
1249.00
1229.00
1239.00
1249.00
1259.00
1269.00
TATAPOWER
1325.00
1289.00
1307.00
1328.00
1346.00
1368.00
TATASTEEL
616.00
610.00
613.00
618.00
621.00
626.00
TCS
1152.00
1135.00
1143.00
1154.00
1162.00
1173.00
UNITECH
41.00
38.00
40.00
40.00
42.00
43.00
WIPRO
473.00
458.00
465.00
470.00
478.00
483.00
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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