Market Trend analysis 6/9/2010

8/8/2019 Market Trend analysis 6/9/2010

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Mansukh Securities and Finance LtdOffice: 306, Pratap Bhavan, 5, Bahadur Shah Zafar Marg, New Delhi-110002Phone: 011-30123450/1/3/5 Fax: 011-30117710 Email: [email protected]: www.moneysukh.com

SEBI Regn No. BSE: INB010985834 / NSE: INB23078143PMS Regn No. INP00000238

Please refer to important disclosures at the end of this report For Private circulation Only For Our Clients Only

MARKET INSIGHTS:

NEWS ROOM:

On Monday Sep 06 2010, The key equity indices

The BSE Sensex dropped 16.88 points or 0.09% to settle at 18,221.43

Hang Seng gained 102.58 points or 0.49% to 20,971.50,

Meanwhile, slowdown in the country's services sector

settled the lacklustesession of trade on a flat note on Friday in the absence of any major cues either locally oglobally. Though most of the Asian counterparts and European indices remained in thpositive terrain during the session, the local markets failed to hold on to their early gainon the back of rise in weekly food price inflation back home. The food inflation for th

week ended August 21 rose to 10.86% from 10.05% in the earlier week, raisinapprehensions of stricter measures from the central bank in its forthcoming mid-quartereview. Concerns over sustenance of expensive valuations also continued to play a sposport for the domestic markets. Realty, auto and healthcare stocks led the gainers list itrade today while metal, oil & gas and capital goods counters witnessed selective sellinfrom market men. The broader indices out shined the key indices with big margin durinthe session. The main indices moved back and forth within a narrow range near thneutral line during most part of the afternoon session in the absence of any major triggeFlat-to-positive start for the European bourses failed to provide any cues to the locamarkets. Though the key indices showed some strength in late trades but profit bookinfrom traders once again pulled them in the red and they finally settled with marginalosses. The BSE's 30-share sensitive index -- Sensex -- spent the entire session within range of 110 points while the NSE's 50-share broadly followed index -- Nifty -- movewithin a range of around 40 points.

while the S&P CNNifty shed 6.75 points or 0.12% to end at 5479.40. The BSE Sensex touched a high andlow of 18,316.32 and 18,206.50, respectively. Hero Honda up 2.14%, Bharti Airtel u1.60%, Reliance Infra up 1.60%, ONGC up 1.17% and HUL up 1.12% were the majogainers on the Sensex. The BSE Mid-cap and Small-cap indices gained 0.97% an0.94%, respectively.

Jakarta Composite added 42.1points or 1.35% to 3,164.28, Nikkei 225 rose 51.29 points or 0.57% to 9,114.13, StraitTimes jumped 15.90 points or 0.53% to 3,002.56, Seoul Composite advanced 4.29 pointor 0.24% to 1,780.02 and Taiwan Weighted surged 109.39 points or 1.42% to 7,830.21On the flip side, Shanghai Composite was down 0.38 points or 0.01% to 2,655.39 anKLSE Composite slipped 5.40 points or 0.37% to 1,435.67.

for the seconmonth in a row also kept the undertone on a cautious side during the session today. Thheadline seasonally adjusted HSBC Business Activity Index declined to 59.3 in Augus2010 from 61.7 in July 2010.

SCRIPS Open High Low Close Prev Close % Change Volume

UNITECH 79.1 81.7 79.05 81.2 78.7 3.18 27207426

HEROHONDA 1705 1747.8 1701 1739 1695.7 2.55 1272843

RANBAXY 507.2 516.3 502.05 514.5 504 2.08 1441571

RELINFRA 1022 1038 1012.8 1033.3 1015.65 1.74 894885BHARTIARTL 335.2 341.4 335 339.7 334.1 1.68 3512214

SCRIPS Open High Low Close Prev Close % Change Volume

SUZLON 51.7 51.95 48.3 50.1 51.3 -2.34 46092194

JINDALSTEL 701 701 681.55 684.7 698.6 -1.99 768807

HINDALCO 172.85 174.75 169.95 170.45 173.65 -1.84 3253678

BPCL 781 782.95 765.1 767 779 -1.54 923038STER 162 163 157.5 158.3 160.65 -1.46 6007759

INDEX TOP MOVERS

INDEX TOP SHAKERS

INDEX Close Chg Chg

Sensex 18221 -17 -0.09%

Nifty 5479 -7 -0.13%

Midcap 7589 -195 -2.51%

Smallcap 9913 92 0.94%

VALUE TRADED (Rs Crs) Chg

BSE -9.34%

NSE -6.75%

F&O Total -22.40%

NET INFLOWS (Rs Crs) Chg

FIIs 245%

DIIs 4%

FII OPEN INTEREST (Crs) Chg

FII Index Futures 0.99%

FII Index Options 0.35%

FII Stock Futures 0.27%

FII Stock Options 9.83%

Chg

Dow Jones 1.24%

Nasdaq 1.55%

FTSE 100 1.06%

Commodity Chg

Crude Oil (US$/bl) 0.65%

Gold (US$/oz) -0.10%1,251.00

2234

DATA MATRIX OF LAST SESS ION

4778

12437

65255

283.0

-123.0

5428

77.0

774

World Indices

10448

16058

66060

35801

Real life predictability is not so rewarding...

Predic t the Sensex w ith

& w in da ily c ash p rizes!MANSUKH

MORNING NOTE 06 SEP,10
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Mansukh Securities and Finance LtdOffice: 306, Pratap Bhavan, 5, Bahadur Shah Zafar Marg, New Delhi-110002

Phone: 011-30123450/1/3/5 Fax: 011-30117710 Email: [email protected]: www.moneysukh.com



TECHNICAL VIEW: Absolutely a sluggish session we have gone through yesterday. Opened on a relatively higher notbacked by strong global cues, spot index shown sought of resistance around 5500 level , ended up on a slightly lower noteRemember we have said earlier that 5340 will be the key support zone. Exactly to our expectations spot index shown sommaterialistic cushions at this level though we expect quite a range bound scenario between 5340-5535 in the upcoming sessions

Hence traders and investors are advise to maintain cautiously optimistic approach and use Buy on Dip strategy for thupcoming sessions. HAPPY TRADING....

MARKET OUTLOOK- CAUTIOUSLY OPTIMISTIC

Index Support 2 Support 1 Previous Close Resistance 1 Resistance 2 Trend

SENSEX 17645 17870 18221 18460 18580 Rangebound

NIFTY 5370 5425 5479 5535 5570 Rangebound

TODAY'S MARKET LEVELS

Index Support 2 Support 1 Previous Close Resistance 1 Resistance 2 Trend

BANK NIFTY 10480 10740 10971 11115 11330 Rangebound



Morning Notes


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INTRA DAY TECHNICAL RECOMMENDATIONS

Scrip CMP Buy Near Stop Loss Target 1 Target 2 Trend

ANDREW YULE 42 41 40 43 44 Rangebound


FINOLEX 106.95 105 103 107 108 Rangebound

Morning Notes


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INTRA DAY TECHNICAL RECOMMENDATIONS

Scrip CMP Sell Near Stop Loss Target 1 Target 2 Trend

WALCHAND 278.2 280 283 275 273 Rangebound

Morning Notes


NATCO PHARMA 282 280 275 285 287 Rangebound


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Note: Please refer our Derivative Report for recommendation on OPTION STRATEGIES .

For more copies or other information, please send your query at [email protected]

Additional Information with respect to the securities referred in our derivative calls is uploaded on our website.Please note that our technical calls are totally independent of our fundamental callsTechnical Trends calls are based on momentum, Investors/Traders are requested to observe following discipline to take maximum advantage of theproducts

-Entry/exit will be on the basis of price or time priority-Use strict stop loss at 15% from your average acquisition price

This report is prepared for the exclusive use of Mansukh Group clients only and should not be reproduced, recirculated,published in any media, websiteor otherwise, in any form or manner, in part or as a whole, without the express consent in writing of Mansukh Securities and Finance Ltd. Anyunauthorized use, disclosure or public dissemination of information contained herein is prohibited.

This data sheet is for private circulation only and the said document does not constitute an offer to buy or sell any securities mentioned herein. Whileutmost care has been taken in preparing the above, we claim no responsibility for its accuracy. We shall not be liable for any direct or indirect lossesarising from the use thereof and the investors are requested to use the information contained herein at their own risk.


Morning Notes

NAME DESIGNATION E-MAIL

Varun Gupta Head - Research [email protected]

Pashupati Nath Jha Research Analyst [email protected] Singh Research Analyst [email protected]

Documents

Market Trend analysis 6/9/2010