Technical Report- June 22, 2010
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The market summary provides an overview of the performance of key indices and sectors in the Indian market on June 22, 2010. The Nifty closed slightly lower at 5353 points, down 0.23%, while the Sensex closed lower at 17877 points, down 0.26%. Metal and realty sectors performed strongly with gains above 5% and 2.5% respectively, while banking stocks gained around 2%. Tata Steel, Hindalco and Reliance Capital were among the top gainers. GAIL, HDFC Bank and HCL Technologies were among the top losers. The markets opened on a positive note and closed near the day's highs.
Technical Report- June 22, 2010
- 1. Date : 22/06/2010 Market Summary Indices Top 5 Gainers Top 5 Losers Sectoral Watch Nifty Sensex Stocks % Gain Stocks % Loss Sector %G/L Open 5267 17655 TATASTEEL 6.31 GAIL 0.06 METAL 5.16 High 5367 17920 HINDALCO 5.40 HDFCBANK 0.08 REALTY 2.66 Low 5267 17655 RELCAPITAL 4.34 BHARTIARTEL 0.11 BANKEX 2.04 Close 5353 17877 UNITECH 3.90 HCLTECH 0.32 CG 1.77 % Chg (0.23) (0.26) TATAPOWER 3.70 AUTO 1.50 Source : Falcon SENSEX DLY CHART Markets opened on a positive note and the momentum on the upside gradually picked up which led the indices to close near days high. The coming trading session is likely to be volatile. On the upside if indices trade convincingly above 17920 / 5367 levels then they are likely to test 18047 – 18100 / 5400 – 5420 levels. On the downside 17773 – 17726 / 5320 – 5290 may act support for the day. Stocks +ve Bias Stocks -ve Bias CENTURY TEXTILE TATA 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 17877.00 17552.00 17714.00 17817.00 17979.00 18082.00 NIFTY 5353.00 5229.00 5291.00 5329.00 5391.00 5429.00 ABB 870.00 851.00 860.00 870.00 879.00 888.00 ACC 883.00 853.00 868.00 877.00 892.00 901.00 AMBUJACEM 118.00 116.00 117.00 119.00 120.00 121.00 AXISBANK 1247.00 1208.00 1228.00 1240.00 1260.00 1272.00 BHARTIARTL 265.00 262.00 263.00 266.00 267.00 269.00 BHEL 2461.00 2413.00 2437.00 2452.00 2477.00 2492.00 BPCL 527.00 521.00 524.00 527.00 530.00 532.00 CAIRN 310.00 305.00 308.00 310.00 312.00 314.00 CIPLA 340.00 336.00 338.00 340.00 342.00 343.00 DLF 290.00 279.00 284.00 288.00 294.00 298.00 GAIL 473.00 467.00 470.00 474.00 477.00 481.00 HCLTECH 388.00 380.00 384.00 388.00 393.00 397.00 HDFC 2985.00 2904.00 2945.00 2986.00 3027.00 3068.00 HDFCBANK 1999.00 1980.00 1989.00 2000.00 2009.00 2020.00 HEROHONDA 2026.00 2004.00 2015.00 2031.00 2042.00 2058.00 HINDALCO 154.00 144.00 149.00 152.00 157.00 159.00 HINDUNILVR 259.00 254.00 257.00 258.00 260.00 262.00 ICICIBANK 900.00 861.00 880.00 895.00 915.00 930.00 IDEA 54.00 54.00 54.00 54.00 54.00 55.00 IDFC 173.00 169.00 171.00 173.00 175.00 177.00 INFOSYSTCH 2801.00 2776.00 2788.00 2804.00 2816.00 2831.00 ITC 299.00 289.00 294.00 297.00 302.00 305.00 JINDALSTEL 686.00 669.00 677.00 683.00 692.00 698.00 JPASSOCIAT 134.00 128.00 131.00 133.00 135.00 137.00 KOTAKBANK 793.00 768.00 781.00 790.00 803.00 812.00 LT 1836.00 1785.00 1811.00 1827.00 1852.00 1869.00 M&M 637.00 619.00 628.00 634.00 643.00 649.00 MARUTI 1376.00 1348.00 1362.00 1373.00 1387.00 1397.00 NTPC 201.00 198.00 200.00 202.00 204.00 206.00 ONGC 1204.00 1179.00 1192.00 1203.00 1215.00 1226.00 PNB 1050.00 1026.00 1038.00 1053.00 1065.00 1081.00 POWERGRID 103.00 102.00 103.00 103.00 104.00 104.00 RANBAXY 447.00 437.00 442.00 446.00 451.00 454.00 RCOM 187.00 182.00 184.00 187.00 190.00 192.00 RELCAPITAL 767.00 734.00 751.00 761.00 777.00 787.00 RELIANCE 1066.00 1055.00 1061.00 1066.00 1071.00 1077.00 RELINFRA 1188.00 1147.00 1167.00 1182.00 1203.00 1217.00 RPOWER 171.00 164.00 168.00 170.00 174.00 176.00 SAIL 202.00 195.00 198.00 201.00 205.00 208.00 SBIN 2388.00 2361.00 2374.00 2389.00 2402.00 2416.00 SIEMENS 736.00 725.00 730.00 736.00 741.00 746.00 STER 183.00 169.00 176.00 181.00 188.00 194.00 SUNPHARMA 1755.00 1700.00 1727.00 1745.00 1772.00 1790.00 SUZLON 57.00 57.00 57.00 57.00 58.00 58.00 TATAMOTORS 807.00 794.00 800.00 812.00 819.00 830.00 TATAPOWER 1316.00 1261.00 1289.00 1304.00 1332.00 1347.00 TATASTEEL 505.00 471.00 488.00 497.00 514.00 523.00 TCS 788.00 779.00 784.00 789.00 793.00 798.00 UNITECH 73.00 70.00 72.00 73.00 75.00 76.00 WIPRO 415.00 407.00 411.00 415.00 419.00 422.00 For Private Circulation Only.
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