Tech%20 report%2015.10.2010
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The summary provides an overview of the key information from the technical report on the stock market: - The indices closed lower, with the Nifty down 0.91% and Sensex down 0.92%, after opening higher but being unable to sustain gains. Support levels of 20400-20250 and 6150-6100 and resistance at 20855 and 6284 are identified. - SESAGOA gained the most at 4.15% while BPCL lost the most at 5.19%. The top sector gainers were CG and OIL&GAS, while the top losers were POWER and PSU. - Pivot points are provided for the key indices and stocks to identify support and
Tech%20 report%2015.10.2010
- 1. Technical Report Date : 15/10/2010 Market Summary Indices Top 5 Gainers Top 5 Losers Sectoral Watch Nifty Sensex Stocks % Gain Stocks % Loss Sector %G/L Open 6234 20700 SESAGOA 4.15 BPCL 5.19 CG 1.94 High 6284 20855 WIPRO 2.19 RCOM 3.71 OIL&GAS 1.54 Low 6158 20443 TATASTEEL 2.12 LT 3.11 POWER 1.24 Close 6177 20498 INFOSYSTEC 1.18 POWERGRID 2.69 PSU 1.11 % Chg (0.91) (0.92) TATAMOTOR 0.48 M&M 2.56 METAL 0.55 Source : Falcon SENSEX DLY CHART Markets opened higher but were unable to sustain the gains which led the indices to close in red. On the daily chart we are witnessing a consolidation of the previous sharp up-move. On the downside, 20400 – 20250 / 6150 - 6100 may act support for the day. On the upside, if indices trade convincingly above 20855 / 6284 level then they are likely to test all time high of 21207 / 6357 next couple of sessions. Stocks +ve Bias Stocks -ve Bias HPCL BPCL 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. Technical Report PIVOTS Stocks Close S2 S1 Pivot R1 R2 SENSEX 20498.00 20187.00 20342.00 20598.00 20754.00 21010.00 NIFTY 6177.00 6080.00 6129.00 6206.00 6255.00 6333.00 ABB 927.00 901.00 914.00 923.00 936.00 946.00 ACC 1019.00 1007.00 1013.00 1024.00 1031.00 1042.00 AMBUJACEM 142.00 137.00 139.00 143.00 146.00 149.00 AXISBANK 1564.00 1525.00 1545.00 1577.00 1596.00 1628.00 BHARTIARTL 345.00 337.00 341.00 347.00 351.00 356.00 BHEL 2563.00 2516.00 2539.00 2575.00 2598.00 2633.00 BPCL 723.00 690.00 707.00 735.00 752.00 780.00 CAIRN 337.00 331.00 334.00 339.00 343.00 348.00 CIPLA 334.00 327.00 330.00 337.00 340.00 347.00 DLF 384.00 375.00 380.00 386.00 391.00 397.00 GAIL 504.00 486.00 495.00 504.00 513.00 522.00 HCLTECH 439.00 425.00 432.00 444.00 451.00 463.00 HDFC 733.00 717.00 725.00 737.00 746.00 758.00 HDFCBANK 2424.00 2384.00 2404.00 2430.00 2450.00 2476.00 HEROHONDA 1862.00 1819.00 1840.00 1867.00 1888.00 1915.00 HINDALCO 216.00 211.00 214.00 216.00 219.00 221.00 HINDUNILVR 299.00 292.00 296.00 301.00 304.00 309.00 ICICIBANK 1140.00 1099.00 1120.00 1144.00 1165.00 1189.00 IDEA 73.00 71.00 72.00 74.00 75.00 76.00 IDFC 209.00 204.00 206.00 210.00 213.00 216.00 INFOSYSTCH 3185.00 3117.00 3151.00 3190.00 3224.00 3263.00 ITC 175.00 172.00 174.00 175.00 177.00 178.00 JINDALSTEL 719.00 706.00 713.00 721.00 728.00 736.00 JPASSOCIAT 133.00 129.00 131.00 134.00 136.00 139.00 KOTAKBANK 515.00 501.00 508.00 517.00 524.00 533.00 LT 2012.00 1950.00 1981.00 2035.00 2066.00 2120.00 M&M 718.00 690.00 704.00 724.00 738.00 758.00 MARUTI 1557.00 1525.00 1541.00 1558.00 1574.00 1591.00 NTPC 203.00 195.00 199.00 205.00 208.00 214.00 ONGC 1355.00 1327.00 1341.00 1364.00 1378.00 1402.00 PNB 1328.00 1299.00 1313.00 1337.00 1351.00 1374.00 POWERGRID 107.00 103.00 105.00 108.00 110.00 113.00 RANBAXY 596.00 580.00 588.00 600.00 608.00 621.00 RCOM 181.00 174.00 177.00 183.00 186.00 191.00 RELCAPITAL 847.00 827.00 837.00 853.00 864.00 880.00 RELIANCE 1059.00 1038.00 1048.00 1065.00 1076.00 1092.00 RELINFRA 1076.00 1050.00 1063.00 1085.00 1099.00 1121.00 RPOWER 163.00 159.00 161.00 164.00 166.00 169.00 SAIL 225.00 218.00 221.00 226.00 229.00 233.00 SBIN 3261.00 3202.00 3231.00 3278.00 3308.00 3355.00 SIEMENS 828.00 808.00 818.00 831.00 841.00 854.00 STER 182.00 179.00 180.00 183.00 185.00 187.00 SUNPHARMA 2103.00 2078.00 2091.00 2108.00 2120.00 2137.00 SUZLON 58.00 57.00 58.00 59.00 59.00 60.00 TATAMOTORS 1183.00 1160.00 1172.00 1183.00 1195.00 1207.00 TATAPOWER 1431.00 1404.00 1418.00 1434.00 1448.00 1464.00 TATASTEEL 653.00 632.00 642.00 651.00 661.00 670.00 TCS 986.00 969.00 978.00 991.00 999.00 1012.00 UNITECH 94.00 91.00 93.00 95.00 97.00 99.00 WIPRO 490.00 475.00 483.00 491.00 499.00 508.00 For Private Circulation Only.
- 3. Technical Report RESEARCH TEAM Shardul Kulkarni Head - Technicals Brijesh Ail Technical Analyst Mileen Vasudeo Technical Analyst For any Queries, Suggestions and Feedback kindly mail to vasudeo.kamalakant@angeltrade.com Research Team: 022-3952 6600 Website: www.angelbroking.com DISCLAIMER: This document is not for public distribution and has been furnished to you solely for your information and must not be reproduced or redistributed to any other person. Persons into whose possession this document may come are required to observe these restrictions. Opinion expressed is our current opinion as of the date appearing on this material only. While we endeavor to update on a reasonable basis the information discussed in this material, there may be regulatory, compliance, or other reasons that prevent us from doing so. Prospective investors and others are cautioned that any forward-looking statements are not predictions and may be subject to change without notice. Our proprietary trading and investment businesses may make investment decisions that are inconsistent with the recommendations expressed herein. The information in this document has been printed on the basis of publicly available information, internal data and other reliable sources believed to be true and are for general guidance only. While every effort is made to ensure the accuracy and completeness of information contained, the company takes no guarantee and assumes no liability for any errors or omissions of the information. No one can use the information as the basis for any claim, demand or cause of action. Recipients of this material should rely on their own investigations and take their own professional advice. Each recipient of this document should make such investigations as it deems necessary to arrive at an independent evaluation of an investment in the securities of companies referred to in this document (including the merits and risks involved), and should consult their own advisors to determine the merits and risks of such an investment. Price and value of the investments referred to in this material may go up or down. Past performance is not a guide for future performance. Certain transactions - futures, options and other derivatives as well as non-investment grade securities - involve substantial risks and are not suitable for all investors. Reports based on technical analysis centers on studying charts of a stock's price movement and trading volume, as opposed to focusing on a company's fundamentals and as such, may not match with a report on a company's fundamentals. We do not undertake to advise you as to any change of our views expressed in this document. While we would endeavor to update the information herein on a reasonable basis, Angel Broking, its subsidiaries and associated companies, their directors and employees are under no obligation to update or keep the information current. Also there may be regulatory, compliance, or other reasons that may prevent Angel Broking and affiliates from doing so. Prospective investors and others are cautioned that any forward-looking statements are not predictions and may be subject to change without notice. Angel Broking Limited and affiliates, including the analyst who has issued this report, may, on the date of this report, and from time to time, have long or short positions in, and buy or sell the securities of the companies mentioned herein or engage in any other transaction involving such securities and earn brokerage or compensation or act as advisor or have other potential conflict of interest with respect to company/ies mentioned herein or inconsistent with any recommendation and related information and opinions. Angel Broking Limited and affiliates may seek to provide or have engaged in providing corporate finance, investment banking or other advisory services in a merger or specific transaction to the companies referred to in this report, as on the date of this report or in the past. Sebi Registration No : INB 010996539 For Private Circulation Only.