Techical Report June 16, 2010
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The market summary provides an overview of the performance of key indices and sectors in the market on the given date. The Nifty and Sensex opened flat and traded in a narrow range before closing in the green. The top gainers were from the power, wind energy and realty sectors, while losses were seen in IT, oil & gas and auto sectors. The outlook is for further consolidation around current levels with support and resistance zones defined.
Techical Report June 16, 2010
- 1. Date : 16/06/2010 Market Summary Indices Top 5 Gainers Top 5 Losers Sectoral Watch Nifty Sensex Stocks % Gain Stocks % Loss Sector %G/L Open 5201 17355 RPOWER 5.00 WIPRO 3.54 REALTY 2.60 High 5231 17443 SUZLON 4.48 BPCL 5.88 PSU 1.61 Low 5171 17249 RCOM 3.55 ONGC 2.35 FMCG 1.55 Close 5222 17413 DLF 3.44 M&M 1.36 METAL 1.44 % Chg 0.47 0.43 STER 3.16 MARUTI 1.20 POWER 1.10 Source : Falcon SENSEX DLY CHART Market opened flat, traded in a narrow range and finally managed to close in the green. On the daily charts we are witnessing a narrow range body which indicates indecisiveness / consolidation at current levels. While the undertone remains positive, sideways movement indicating consolidation of the gains is expected. On the upside indices are likely to test 17500 – 17670 / 5250 -5300 levels once indices trade above 17444 / 5232 levels. On the downside, 17132 – 17030 / 5132 – 5100 levels may act as support for the day. Stocks +ve Bias Stocks -ve Bias JSW STEEL 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.
- 2. PIVOTS Stocks Close S2 S1 Pivot R1 R2 SENSEX 17413.00 17175.00 17294.00 17368.00 17487.00 17561.00 NIFTY 5222.00 5148.00 5185.00 5208.00 5246.00 5269.00 ABB 863.00 854.00 858.00 862.00 866.00 869.00 ACC 880.00 847.00 864.00 873.00 890.00 899.00 AMBUJACEM 116.00 113.00 114.00 115.00 117.00 118.00 AXISBANK 1245.00 1218.00 1231.00 1244.00 1258.00 1270.00 BHARTIARTL 270.00 262.00 266.00 269.00 273.00 276.00 BHEL 2402.00 2346.00 2374.00 2393.00 2421.00 2440.00 BPCL 531.00 505.00 518.00 541.00 554.00 578.00 CAIRN 305.00 296.00 301.00 304.00 308.00 312.00 CIPLA 338.00 329.00 333.00 337.00 342.00 346.00 DLF 273.00 256.00 264.00 269.00 278.00 283.00 GAIL 462.00 457.00 460.00 462.00 464.00 467.00 HCLTECH 385.00 369.00 377.00 384.00 392.00 399.00 HDFC 2859.00 2813.00 2836.00 2853.00 2876.00 2893.00 HDFCBANK 1964.00 1939.00 1951.00 1966.00 1978.00 1993.00 HEROHONDA 2028.00 1977.00 2003.00 2019.00 2044.00 2060.00 HINDALCO 145.00 140.00 142.00 144.00 146.00 148.00 HINDUNILVR 260.00 252.00 256.00 259.00 263.00 265.00 ICICIBANK 860.00 829.00 845.00 855.00 870.00 880.00 IDEA 54.00 52.00 53.00 54.00 55.00 56.00 IDFC 165.00 162.00 164.00 165.00 166.00 168.00 INFOSYSTCH 2735.00 2688.00 2711.00 2746.00 2769.00 2804.00 ITC 292.00 282.00 287.00 290.00 295.00 297.00 JINDALSTEL 656.00 642.00 649.00 653.00 660.00 665.00 JPASSOCIAT 126.00 119.00 123.00 125.00 128.00 131.00 KOTAKBANK 771.00 759.00 765.00 770.00 776.00 781.00 LT 1724.00 1689.00 1707.00 1718.00 1735.00 1746.00 M&M 608.00 597.00 603.00 610.00 616.00 623.00 MARUTI 1343.00 1317.00 1330.00 1345.00 1358.00 1373.00 NTPC 202.00 197.00 199.00 201.00 204.00 206.00 ONGC 1166.00 1133.00 1150.00 1177.00 1193.00 1221.00 PNB 1051.00 1028.00 1039.00 1050.00 1062.00 1073.00 POWERGRID 103.00 102.00 103.00 103.00 104.00 104.00 RANBAXY 436.00 426.00 431.00 435.00 440.00 445.00 RCOM 187.00 177.00 182.00 185.00 190.00 193.00 RELCAPITAL 738.00 707.00 722.00 734.00 749.00 760.00 RELIANCE 1066.00 1042.00 1054.00 1062.00 1074.00 1082.00 RELINFRA 1184.00 1089.00 1136.00 1165.00 1212.00 1241.00 RPOWER 178.00 163.00 170.00 176.00 183.00 188.00 SAIL 201.00 196.00 199.00 201.00 203.00 205.00 SBIN 2364.00 2299.00 2331.00 2353.00 2386.00 2407.00 SIEMENS 720.00 707.00 713.00 720.00 726.00 733.00 STER 676.00 639.00 657.00 671.00 690.00 704.00 SUNPHARMA 1702.00 1672.00 1687.00 1696.00 1711.00 1720.00 SUZLON 57.00 53.00 55.00 56.00 59.00 60.00 TATAMOTORS 760.00 740.00 750.00 759.00 769.00 779.00 TATAPOWER 1261.00 1234.00 1248.00 1258.00 1272.00 1283.00 TATASTEEL 492.00 476.00 484.00 489.00 497.00 502.00 TCS 766.00 746.00 756.00 767.00 777.00 788.00 UNITECH 71.00 67.00 69.00 70.00 72.00 73.00 WIPRO 408.00 393.00 401.00 412.00 419.00 430.00 For Private Circulation Only.
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