Technical Report - August 17, 2010
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The summary provides an overview of the key information from the technical report on the stock market: - The indices (Nifty and Sensex) closed lower by 0.62% and 0.64% respectively. Powergrid, PNB, and ITC were among the top gainers while Suzlon, Cairn, and Cipla were the top losers. - The report expects the indices to find support around 5380-5385 levels and sees resistance at 5480. The bullish view will only be negated if Nifty closes below 5340. - Pivot levels are provided for various stocks to indicate support and resistance levels. - Bajaj Hind and IDB
Technical Report - August 17, 2010
- 1. Technical Report Date : 17/08/2010 Market Summary Indices Top 5 Gainers Top 5 Losers Sectoral Watch Nifty Sensex Stocks % Gain Stocks % Loss Sector %G/L Open 5452 18170 POWERGRID 3.53 SUZLON 7.17 FMCG 0.78 High 5465 18204 PNB 2.89 CAIRN 6.50 PSU (0.07) Low 5397 17997 SIEMENS 1.64 CIPLA 3.45 CD (0.07) Close 5418 18051 HINDUNILVR 1.58 RELINFRA 3.21 AUTO (0.17) % Chg (0.62) (0.64) ITC 1.50 JPASSOCIAT 2.56 METAL (1.50) Source : Falcon SENSEX DLY CHART Markets opened flat and traded with a negative bias to close in red. Looking at the oscillators in the hourly charts, we expect indices to take support in a range of 5380 – 5385 levels. On the upside, 5480 level still remains a resistance for the market. The bullish view mentioned in previous reports will be negated only once nifty closes below 5340 levels. Stocks +ve Bias Stocks -ve Bias BAJAJHIND IDBI 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 18051.00 17878.00 17964.00 18084.00 18171.00 18291.00 NIFTY 5418.00 5359.00 5389.00 5427.00 5457.00 5495.00 ABB 775.00 762.00 768.00 778.00 785.00 795.00 ACC 834.00 815.00 825.00 840.00 849.00 864.00 AMBUJACEM 114.00 112.00 113.00 115.00 116.00 118.00 AXISBANK 1337.00 1313.00 1325.00 1336.00 1348.00 1359.00 BHARTIARTL 319.00 309.00 314.00 318.00 322.00 326.00 BHEL 2469.00 2421.00 2445.00 2477.00 2502.00 2534.00 BPCL 658.00 635.00 647.00 663.00 675.00 692.00 CAIRN 333.00 308.00 320.00 344.00 357.00 380.00 CIPLA 304.00 293.00 298.00 308.00 314.00 324.00 DLF 320.00 310.00 315.00 322.00 327.00 334.00 GAIL 452.00 444.00 448.00 452.00 457.00 461.00 HCLTECH 401.00 387.00 394.00 405.00 412.00 423.00 HDFC 2974.00 2920.00 2947.00 2983.00 3010.00 3046.00 HDFCBANK 2084.00 2037.00 2061.00 2094.00 2117.00 2150.00 HEROHONDA 1892.00 1849.00 1871.00 1891.00 1913.00 1933.00 HINDALCO 165.00 158.00 162.00 165.00 168.00 172.00 HINDUNILVR 270.00 264.00 267.00 269.00 272.00 275.00 ICICIBANK 957.00 936.00 946.00 964.00 974.00 992.00 IDEA 72.00 70.00 71.00 73.00 74.00 76.00 IDFC 181.00 178.00 180.00 182.00 183.00 185.00 INFOSYSTCH 2762.00 2735.00 2749.00 2763.00 2777.00 2791.00 ITC 158.00 155.00 157.00 158.00 160.00 161.00 JINDALSTEL 664.00 646.00 655.00 662.00 671.00 679.00 JPASSOCIAT 118.00 116.00 117.00 118.00 120.00 121.00 KOTAKBANK 830.00 812.00 821.00 833.00 842.00 855.00 LT 1790.00 1751.00 1771.00 1801.00 1821.00 1851.00 M&M 625.00 609.00 617.00 626.00 634.00 644.00 MARUTI 1257.00 1231.00 1244.00 1258.00 1271.00 1285.00 NTPC 196.00 194.00 195.00 196.00 198.00 199.00 ONGC 1270.00 1250.00 1260.00 1271.00 1282.00 1293.00 PNB 1171.00 1114.00 1143.00 1161.00 1190.00 1208.00 POWERGRID 105.00 100.00 103.00 105.00 108.00 110.00 RANBAXY 447.00 432.00 439.00 444.00 452.00 456.00 RCOM 164.00 156.00 160.00 163.00 167.00 171.00 RELCAPITAL 748.00 731.00 740.00 753.00 761.00 775.00 RELIANCE 977.00 964.00 971.00 981.00 988.00 998.00 RELINFRA 1047.00 1004.00 1025.00 1057.00 1079.00 1111.00 RPOWER 153.00 149.00 151.00 154.00 155.00 158.00 SAIL 190.00 187.00 189.00 191.00 193.00 195.00 SBIN 2821.00 2783.00 2802.00 2829.00 2847.00 2874.00 SIEMENS 707.00 683.00 695.00 702.00 714.00 722.00 STER 160.00 155.00 158.00 162.00 164.00 168.00 SUNPHARMA 1716.00 1669.00 1692.00 1729.00 1752.00 1789.00 SUZLON 52.00 48.00 50.00 53.00 55.00 57.00 TATAMOTORS 1001.00 976.00 988.00 1006.00 1018.00 1036.00 TATAPOWER 1315.00 1304.00 1310.00 1317.00 1322.00 1330.00 TATASTEEL 518.00 501.00 510.00 523.00 531.00 545.00 TCS 854.00 841.00 848.00 855.00 862.00 869.00 UNITECH 86.00 83.00 85.00 87.00 89.00 91.00 WIPRO 414.00 405.00 410.00 414.00 419.00 423.00 For Private Circulation Only.
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