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MORNING NOTE 06 OCT, 2010


MARKET INSIGHTS: On Tuesday Oct 05, 2010,The Indian equity markets closed with
DATA MATRIX OF LAST SESSION
marginal decline after a very choppy session, the last hour selling pressure led the
INDEX Close Chg Chg markets in the red otherwise the benchmarks touched a fresh 33 months high in the
Sensex 20408 -68 -0.33% morning trade. The start of the markets was flat but positive tracking the weakness in the
Nifty 6146 -13 -0.21% global markets, as the US markets closed lower and the major Asian markets too made a
sluggish start. There was some selling pressure seen in the commodity stocks from the
Midcap 8335 65 0.79%
very beginning also the defensive sector fast moving consumer goods showed a
Smallcap 10557 119 1.14% declining trend from the beginning of the session and turned up to be the worst
performing sector of the day. Markets reversed their declining trend in the mid morning
VALUE TRADED (Rs Crs) Chg session and started scaling up, once reaching to their fresh 33 week high but then profit
BSE 7327 34.66% booking started and investors worried about the stretched valuation opted to take some
profit off the table leading the markets lower. Today the major action was seen in the
NSE 17767 0.18% broader markets which remained in positive terrain throughout the day and closed with
F&O Total 87647 -21.69% gains of about a percent.

NET INFLOWS (Rs Crs) Chg The BSE Sensex declined 68.02 points or 0.33% to settle at 20,475.73 (provisional)
while the S&P CNX Nifty slipped 19.75 points or 0.32% to end at 6,139.70
FIIs 671.0 -47%
(provisionally). The BSE Sensex touched a high and a low of 20,560.54 and 20,383.16
DIIs -803.0 1% respectively. There were 12 advances against 18 declines on the index. The S&P CNX
Nifty touched a high and a low of 6,188.35 and 6,118.05, respectively (Provisional).
FII OPEN INTEREST (Crs) Chg There were 20 stocks advancing against 30 declines on the index.
FII Index Futures 16312 1.49%
The main gainers in the BSE sectoral space were Consumer Durables (CD) up 0.93%,
FII Index Options 57759 0.76% Power up 0.87%, Auto up 0.74%, Oil and Gas up 0.56% and Realty up 0.36%, while
FII Stock Futures 41249 2.26% Fast Moving Consumer Goods (FMCG) down by 1.12%, Metal down by 0.33%,
FII Stock Options 707 15.90% Bankex down by 0.30%, Capital Goods (CG) down by 0.04% and TECk down by
0.04% were main losers on the BSE. The BSE Mid-cap and Small-cap indices surged
0.78% and 1.14% respectively.
World Indices Chg
Dow Jones 10945 1.80% Asian equity indices finished mostly in the positive terrain on Tuesday led by Japanese
Nasdaq 2400 2.35% markets. Nikkei 225 surged about one and a half percent after the Bank of Japan cut its
policy interest rate to a range between zero and 0.1% from 0.1% previously in a surprise
FTSE 100 5636 1.44% move. Hang Seng advanced 20.48 points or 0.09% to 22,639.14, Jakarta Composite rose
22.20 points or 0.62% to 3,591.70, KLSE Composite gained 9.92 points or 0.68% to 1,472.19,
Commodity Chg Nikkei 225 surged 137.70 points or 1.47% to 9,518.76 and Straits Times added 4.91 points
Crude Oil (US$/bl) 85.00 2.41% or 0.16% to 3,162.36. On the other hand, Seoul Composite was down by 0.35 points or
0.02% to 1,878.94 and Taiwan Weighted shed 45.67 points or 0.55% to 8,200.43.
Gold (US$/oz) 1,344.00 2.21%

INDEX TOP MOVERS


SCRIPS Open High Low Close Prev Close % Change Volume
RPOWER 161.05 170.8 161.05 168.3 161.45 4.24 6281945
RELCAPITAL 828 865 823.05 857 822.9 4.14 3375064
BAJAJ-AUTO 1534.75 1589 1534 1588.35 1534.75 3.49 626141
RELINFRA 1082.4 1120.7 1081.2 1115 1082.4 3.01 1318060
RCOM 174 179.4 172.05 177.5 172.8 2.72 6964502
INDEX TOP SHAKERS
SCRIPS Open High Low Close Prev Close % Change Volume
HDFC 675 765 675 743.3 760.35 -2.24 3116611
BHARTIARTL 359.85 367 350.75 352.4 359.85 -2.07 5124609
HDFCBANK 2481.4 2509.7 2437.45 2445.95 2494 -1.93 859833
HINDALCO 205.9 208 201.9 202.4 205.9 -1.7 5160231
HINDUNILVR 308.55 309 303.15 303.7 308.55 -1.57 2544656
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Morning Notes
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MARKET OUTLOOK- CAUTIOUSLY OPTIMISTIC

TODAY'S MARKET LEVELS


Index Support 2 Support 1 Previous Close Resistance 1 Resistance 2 Trend
SENSEX 20160 20310 20408 20625 20775 Rangebound
NIFTY 6080 6130 6146 6190 6230 Rangebound
TECHNICAL VIEW:
Quite a chopy session we have gone through yesterday. Opened on a consevative note, spot index tried to gather its momentum in the
afternoon though profit booking on higher levels drift indices lower..For the day, the level of 6130 and 6080 may act as a major support
for the market and the level of 6220 and 6260 may act as a major hurdle. Mostly all technical indicators are in an overbought zone with
some showing negative divergence so one needs to remain cautious. HAPPY TRADING....

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


BANK NIFTY 12260 12450 12630 12890 13100 Rangebound
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Morning Notes
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INTRA DAY TECHNICAL RECOMMENDATIONS

Scrip CMP Buy Near Stop Loss Target 1 Target 2 Trend


RESURGERE 2.45 2.4 2.35 2.5 2.6 Rangebound

Scrip CMP Buy Near Stop Loss Target 1 Target 2 Trend


MEGASOFT 36.1 35 34 36 37 Rangebound
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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
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INTRA DAY TECHNICAL RECOMMENDATIONS

Scrip CMP Buy Near Stop Loss Target 1 Target 2 Trend


SUNDARAM FIN 627 615 600 630 645 Rangebound

Scrip CMP Sell Near Stop Loss Target 1 Target 2 Trend


ASHIMA 7.55 7.8 8.2 7.4 7.1 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
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Morning Notes
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Pashupati Nath Jha Research Analyst pashupatinathjha@moneysukh.com
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Technical Trends calls are based on momentum, Investors/Traders are requested to observe following discipline to take maximum advantage of the
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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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