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Morning Notes 28.06.

2010

DATA MATRIX OF LAST SESSION MARKET INSIGHTS: On Monday 25th June 2010, The key benchmark indices slumped to
INDEX Close Chg Chg intraday lows in late trade as European stocks and US index futures declined. Oil & gas stocks
Sensex 17575 -155 -0.87% surged after the government freed petrol prices. But, some auto shares fell on worries the
latest fuel price hike may crimp sales. Bank shares, too, declined on worries the fuel price hike
Nifty 5269 -51 -0.96%
will stoke inflation. Index heavyweight Reliance Industries (RIL) rose after the company
Midcap 7083 -49 -0.69% signed a new gas supply master agreement with Reliance Natural Resources. Meanwhile
Smallcap 8989 -49 -0.54% the government has decided to raise petrol price by Rs 3.50 a litre and diesel price by Rs 2 a
litre, as part of a plan to move towards a market-determined fuel price regime. The decision
VALUE TRADED (Rs Crs) Chg follows a ministerial panel meeting on freeing up petrol prices and cutting subsidies on
BSE 4492 -11.01% diesel, kerosene and cooking gas, to help rein in the fiscal deficit, which is projected at 5.5% of
the gross domestic product in 2010/11 and free up revenues for other programmes.
NSE 5269 -68.92%
F&O Total 77422 -50.00% As per provisional figures, the BSE 30-share Sensex was down 153.01 points or 0.86% at
17,577.23. The Sensex fell 25.13 points at the day's high of 17,705.11 in early trade. The Sensex
NET INFLOWS (Rs Crs) Chg lost 183.51 points at the day's low of 17,546.73 in late trade. The S&P CNX Nifty was down
53.90 points or 1.01% to 5266.70 as per provisional figures. The BSE Mid-Cap index was
FIIs -307.0 -127%
down 0.8%. The BSE Small-Cap index was down 0.58%. Both the indices outperformed the
DIIs -446.0 -50% Sensex. The market breadth, indicating the strength of the broader market was weak. The
breadth was positive earlier in the day. On BSE, 1772 shares declined while 1080 shares
FII OPEN INTEREST (Crs) Chg advanced. A total of 98 shares remained unchanged.
FII Index Futures 17349 0.63%
European stocks edged lower on Friday, as losses for BP and autos worked to offset gains
FII Index Options 38394 7.11%
for banks ahead of this weekend's G-20 summit as reports indicated rules at a global and US
FII Stock Futures 27037 0.37% level won't be as tough as initially drafted. The key benchmark indices in France, Germany
FII Stock Options 408 59.38% and UK fell by 0.75% to 0.82%. Asian stocks slid for a fourth straight session on Friday, driven
lower by worries of tighter financial regulation ahead of the weekend G20 meeting and on
World Indices Chg uncertainty about the global economic recovery. The key benchmark indices in China,
Dow Jones 10144 -0.08% Singapore, Hong Kong, Japan, Taiwan and South Korea fell by 0.21% to 1.92%. But, key
benchmark indices in Indonesia and Singapore rose by 0.14% to 1.03%.
Nasdaq 2224 0.32%
FTSE 100 5046 -1.06% NEWS ROOM: On the macro front, food inflation accelerated in mid-June 2010, maintaining
pressure on the Reserve Bank of India to tighten monetary policy at a faster pace. The food
Commodity Chg price index rose 16.90% in the year to 12 June 2010, higher than the previous week's annual
Crude Oil (US$/bl) 78.0 1.30% reading of 16.12%, data released by the government on Thursday showed. The fuel price
Gold (US$/oz) 1246 0.00% index remained unchanged at 13.18% in the year to 12 June 2010.

SCRIPS Open High Low Close Prev Close % Change Volume


BPCL 555.8 634.6 543.9 617.7 550.75 12.16 10203484
ONGC 1192 1291 1186.3 1263 1189.35 6.19 3923014
RCOM 188 195 187.95 194.4 188.05 3.38 16400047
IDEA 55.85 57.15 55.45 56.65 55.65 1.8 4878371
CIPLA 340.8 350.5 340.8 347.45 341.3 1.8 1515760

INDEX TOP SHAKERS


SCRIPS Open High Low Close Prev Close % Change Volume
ICICIBANK 880 881.95 851.55 852.05 885.7 -3.8 3670962
STER 171.8 173.5 167 167.4 173.8 -3.68 9428351
HDFC 3008.9 3008.9 2926 2934.15 3022.3 -2.92 428066
M&M 620 635.5 603.1 613.75 632.05 -2.9 1124843
SBIN 2350.15 2355 2285 2290 2357.55 -2.87 1302272

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Morning Notes

MARKET OUTLOOK- CAUTIOUSLY OPTIMISTIC

TODAY'S MARKET LEVELS


Index Support 2 Support 1 Previous Close Resistance 1 Resistance 2 Trend
SENSEX 17100 17335 17575 17800 18080 Rangebound
NIFTY 5160 5225 5269 5330 5370 Rangebound
TECHNICAL VIEW: For today's session we believe 5230 will be the key support zone and domestic markets
should continue its last week consolidation near 5370 in this week also. Hence traders are advised to go long near
5230 and book partial profits near 5370 level. Moreover we believe any break down above 5410 still on the cards
though confirmation will be depending on global factors. O the flip side 5000-5030 will be important cushions for
any substantial selling pressure however such drifts will be used as a buying opportunity. HAPPY TRADING….

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


BANK NIFTY 9190 9340 9485 9675 9810 Rangebound

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Website: www.moneysukh.com
Morning Notes

INTRA DAY TECHNICAL RECOMMENDATIONS

Scrip CMP Buy Near Stop Loss Target 1 Target 2 Trend


JINDAL SAW 204.15 202-204 197 209 212 Rangebound

Scrip CMP Buy Near Stop Loss Target 1 Target 2 Trend


PIDILITE IND 123.15 121-123 118 126 128 Rangebound

Mansukh Securities and Finance Ltd SEBI Regn No. BSE: INB010985834 / NSE: INB230781431
Office: 306, Pratap Bhavan, 5, Bahadur Shah Zafar Marg, New Delhi-110002 PMS Regn No. INP000002387
Phone: 011-30123450/1/3/5 Fax: 011-30117710 Email: research@moneysukh.com
Website: www.moneysukh.com
Morning Notes

INTRA DAY TECHNICAL RECOMMENDATIONS

Scrip CMP Buy Near Stop Loss Target 1 Target 2 Trend


VICEROY HOTEL 47.85 46-47 45 49 50 Rangebound

Scrip CMP Sell Near Stop Loss Target 1 Target 2 Trend


BEPL 30.3 31 31.5 30 29.5 Rangebound
Please refer to important disclosures at the end of this report For Private circulation Only For Our Clients Only

Mansukh Securities and Finance Ltd SEBI Regn No. BSE: INB010985834 / NSE: INB230781431
Office: 306, Pratap Bhavan, 5, Bahadur Shah Zafar Marg, New Delhi-110002 PMS Regn No. INP000002387
Phone: 011-30123450/1/3/5 Fax: 011-30117710 Email: research@moneysukh.com
Website: www.moneysukh.com
Morning Notes

Research Desk Phone: 011-30211872/73 Email: research@moneysukh.com


NAME DESIGNATION E-MAIL
Varun Gupta Head - Research varungupta@moneysukh.com
Pashupati Nath Jha Research Analyst pashupatinathjha@moneysukh.com
Ajay Lakra Research Analyst ajaylakra@moneysukh.com
Vikram Singh Research Analyst vikram_research@moneysukh.com

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

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 calls
Technical Trends calls are based on momentum, Investors/Traders are requested to observe following discipline to take maximum advantage of the
products
-Entry/exit will be on the basis of price or time priority
-Use strict stop loss at 15% from your average acquisition price
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or otherwise, in any form or manner, in part or as a whole, without the express consent in writing of Mansukh Securities and Finance Ltd. Any
unauthorized 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. While
utmost 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 losses
arising from the use thereof and the investors are requested to use the information contained herein at their own risk.

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

Mansukh Securities and Finance Ltd SEBI Regn No. BSE: INB010985834 / NSE: INB230781431
Office: 306, Pratap Bhavan, 5, Bahadur Shah Zafar Marg, New Delhi-110002 PMS Regn No. INP000002387
Phone: 011-30123450/1/3/5 Fax: 011-30117710 Email: research@moneysukh.com
Website: www.moneysukh.com

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