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Morning Notes 06.04.

2010

DATA MATRIX of 05.04.2010 MARKET INSIGHTS: On Monday April 05, 2010, Sustained buying in index pivotals
took the key benchmark indices to their highest levels in 25-months. Firm Asian stocks and
INDEX Close Chg Chg%
higher US index futures underpinned sentiment. US markets settled at 18-month highs on
Sensex 17936 243 1.37% Thursday, 1 April 2010 while some Asian markets zoomed to 19-month highs in today's
Nifty 5368 77 1.46% trade buoyed by an upbeat US job data. The BSE 30-share Sensex was provisionally up 241.32
Midcap 6966 100 1.46% points or 1.36%, up 240.28 points from the day's low and off 14.60 points from the day's high.
Smallcap 8875 171 1.96% The market came off the higher level in early trade after a firm opening triggered by positive
global cues. The market surged to a fresh 25-month high in early afternoon trade. Stocks held
firm in afternoon trade. The market extended gains in mid-afternoon trade to hit fresh 25-
VALUE TRADED (Rs Crs) Chg% month highs. Buying frenzy in index pivotals in late trade helped indices register fresh
BSE 4640 -1.38% multi-month highs later. The market breadth was strong. Auto stocks were in demand
NSE 13110 0.93% following good March 2010 monthly sales of auto firms. Metal stocks rose following firm
F&O Total 59143 11.75% prices on the London Metal Exchange on 1 April 2010. IT stocks declined in volatile trade on
a firm rupee. Among heavyweight stocks, Index heavyweight Reliance Industries (RIL)
advanced a little under 3%, while ICICI Bank gained over 3% and Bharti Airtel surged over
NET INFLOWS (Rs Crs) Chg% 4.5%. Bajaj Auto hit a lifetime high of Rs 2215 in intra-day trade. Stock-specific action may
FIIs 766 619.92% rule the roost in the near term based on expectations of Q4 March 2010 results. IT bellwether
DIIs 403 -10.91% Infosys kickstarts the reporting season on 13 April 2010.Asian markets edged higher on
Monday, 5 April 2010, as a strong US job report boosted confidence the global economy is
recovering. Key benchmark indices in Indonesia, Japan, South Korea and Singapore were up
FII OPEN INTEREST (Crs) Chg%
by 0.09% to 2.02%. Markets in Australia, New Zealand, China, Hong Kong and Taiwan were
FII Index Futures -100.00% shut for holidays.
FII Index Options -100.00%
FII Stock Futures -100.00% NEWS ROOM: An index of US manufacturing activity in March 2010 rose to its highest
level in over five-and-half years, the Institute for Supply Management said. Earlier, a US
FII Stock Options -100.00%
Labour Department report showed initial weekly claims for jobless benefits fell more than
expected. US employers created jobs in March 2010 at the fastest rate in three years, the
World Indices Chg % strongest signal yet that the US recovery is on a solid footing. US nonfarm payrolls rose
Dow Jones 10974 0.43% 162,000 in March, the largest since March 2007, and only the third time payrolls have
Nasdaq 2430 1.14% increased since the recession hit in late 2007. The unemployment rate held steady at 9.7% for
a third straight month, the Labor Department said on Friday. Emerging market equity
FTSE 100 5745 0.00%
funds ended March 2010 with their seventh consecutive week of inflows, bringing net
Commodity Chg % inflows to nearly $7.6 billion in the first quarter. All four of the major fund groups took in
Crude Oil (US$/bl) 86.0 2.37%
modest amounts of fresh money, ranging from a net $6 million for Latin America Equity
Funds to $222 million for EMEA Equity Funds.
Gold (US$/oz) 1129 0.26%

INDEX TOP MOVERS


SCRIPS Open High Low Close Prev Close % Change Volume
HEROHONDA 1954 2059 1948.1 2059 1945.25 5.85 607069
RELINFRA 1025 1072.4 1025 1070.15 1015.1 5.42 1855297
BHARTIARTL 307 318.15 302.5 316.6 302 4.83 9680847
DLF 312 325 312 324.7 311.6 4.2 7532987
ICICIBANK 955 990.7 955 985 952.65 3.4 5138752

INDEX TOP SHAKERS


SCRIPS Open High Low Close Prev Close % Change Volume
IDEA 65 65.25 63.55 63.65 64.6 -1.47 5109319
GRASIM 2825 2868.5 2790.3 2805 2828.5 -0.83 122529
TCS 817 817 799.25 803 807.8 -0.59 1500918
HINDUNILVR 231.1 232.35 226.65 229.4 230.4 -0.43 3860534
LT 1657.25 1659 1638.05 1644.25 1650.7 -0.39 799350

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Morning Notes

MARKET OUTLOOK- CAUTIOUSLY OPTIMISTIC

Market Levels for 06 APR 2010


Index Support 2 Support 1 Previous Close Resistance 1 Resistance 2 Trend
SENSEX 17470 17650 17936 18300 18425 Rangebound
NIFTY 5270 5320 5368 5395 5445 Rangebound

TECHNICAL VIEW: Quite a fantastic session we have witnessed yesterday. Opened on a relatively higher note key
benchmark indices once again inching towards 5400 though volume still remains on lower side. For the upcoming sessions we
believe spot index would continue its previous momentum towards 5450-5470 where we might see some sort of profit
booking. For today’s session we expect some moderate scenario with positive divergence. Traders are advised to remain long
in their outstanding positions with stop loss of 5270. Any drift below these levels may further dampens the traders sentiment
however 5180 still seems to be a vital support at this juncture. HAPPY TRADING...

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


BANK NIFTY 9400 9540 9691 9790 9930 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
TECHNICAL RECOMMENDATIONS

Scrip CMP Buy Near Stop Loss Target 1 Target 2 Trend


VAKRAN SOFT 123.2 122 120 125 127 Rangebound

Scrip CMP Buy Near Stop Loss Target 1 Target 2 Trend


LLOYD STEEL 16.95 16.5 15.5 17.5 18 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
TECHNICAL RECOMMENDATIONS

Scrip CMP Buy Near Stop Loss Target 1 Target 2 Trend


KLG SYSTEL 128.85 127 125 130 132 Rangebound

Scrip CMP Sell Near Stop Loss Target 1 Target 2 Trend


PIR LIFE 121.8 122 124 120 118 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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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
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