Morning Notes 26.04.

2010

DATA MATRIX OF LAST SESSION MARKET INSIGHTS: On April 23, 2010, The key benchmark indices gained for the
fourth straight day on higher European stocks and gains in US index futures. Optimism
INDEX Close Chg Chg%
about the fourth quarter corporate earnings and hopes of a normal monsoon this year aided
Sensex 17694 120 0.68% the rally. The BSE 30-share Sensex was provisionally jumped 130.93 points or 0.75%, off close
Nifty 5304 35 0.66% to 20 points from the day's high and up close to 170 points from the day's low. But, the market
Midcap 7132 21 0.30% breadth was negative. Most Asian stocks fell after Moody's on Thursday downgraded
Smallcap 9200 46 0.50% Greece's sovereign rating. Banking, realty and capital goods stocks rose. Index heavyweight
Reliance Industries (RIL) rose ahead of Q4 result due after trading hours today. Stocks were
volatile. A surprise bonus issue from Wipro lifted the bourses at the onset of the trading
VALUE TRADED (Rs Crs) Chg% session as Indian stocks shrugged off weak Asian peers. The market came off the higher level
BSE 4695 -6.23% later. It soon regained strength. The market surged to a fresh intraday high in mid-morning
NSE 13207 -17.09% trade. The market moved in a range in afternoon trade. The market pared gains in volatile
F&O Total 102453 -29.73% afternoon trade. The market regained strength in mid-afternoon trade as European stocks
rose. The market extended gains in late trade.
NET INFLOWS (Rs Crs) Chg% !The BSE 30-share Sensex was up 130.93 points or 0.75% to 17,704.92 as per provisional
FIIs 339 -34.56% figures. The Sensex rose 151.89 points at the day's high of 17,725.88 in mid-morning trade.
DIIs 29 -84.07% The index fell 40.11 points at the day's low of 17,533.88 in early trade. The S&P CNX Nifty
was up 36.90 s or 0.7% to 5306.25 as per provisional figures. The BSE Mid-Cap index rose
0.29% and the BSE Small-Cap index rose 0.51%. Both the indices underperformed the
FII OPEN INTEREST (Crs) Chg% Sensex. The market breadth, indicating the overall health of the market, was negative. The
FII Index Futures 14709 -1.03% breadth was strong at the onset of the trading session. On BSE, 1363 shares advanced as
FII Index Options 43857 2.60% compared with 1559 that declined. A total of 78 shares were unchanged.
FII Stock Futures 32465 1.56% !European shares extended gains on Friday after a better-than-expected German Ifo
FII Stock Options 1190 3.66% business sentiment reading helped support confidence about economic trends for at least
some countries in the region. The key benchmark indices in UK, France and Germany rose
0.5% to 1.22%. Asian stocks declined after Moody's on Thursday cut its ratings on Greece's
World Indices Chg %
sovereign debt. The key benchmark indices in Hong Kong, China, Indonesia and South
Dow Jones 11204 0.63% Korea fell by 0.14% to 0.98%. But, key benchmark indices in Singapore and Taiwan rose by
Nasdaq 2530 0.44% 0.08% to 0.33%.
FTSE 100 -100.00% NEWS ROOM: The Indian Meteorological Department (IMD) is scheduled to announce
Commodity Chg % at 16:00 IST today its forecast for the annual monsoon, which is crucial for the country's farm
output and inflation outlook. Good rains this year after last year's drought will boost farm
Crude Oil (US$/bl) 87.0 1.16%
output and rural incomes. But another monsoon failure will add to inflationary pressure
Gold (US$/oz) 1158 1.49% which in turn may hamper the current strong economic rebound.

INDEX TOP MOVERS

SCRIPS Open High Low Close Prev Close % Change Volume
JPASSOCIAT 152.6 159.45 151.15 159.1 152.6 4.26 11759142
ICICIBANK 949 979.8 945 978.75 943.85 3.7 4891115
LT 1580 1622 1575.05 1621 1572.3 3.1 1649922
M&M 510 523.25 504 522.95 508.4 2.86 3114304
DLF 325.35 336 325.35 334.5 325.35 2.81 6918279

INDEX TOP SHAKERS

SCRIPS Open High Low Close Prev Close % Change Volume
ABB 845 855 821.1 823.9 853.25 -3.44 389371
WIPRO 715.25 729.5 690.1 691 704.25 -1.88 4843155
ACC 920 920 891 904.1 919.7 -1.7 723262
BHARTIARTL 303.4 304.9 297.25 298 303.1 -1.68 14354478
HEROHONDA 1919.95 1921.6 1872 1880.1 1910.6 -1.6 279837

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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 17190 17460 17694 17850 18090 Rangebound
NIFTY 5225 5260 5304 5345 5370 Rangebound

TECHNICAL VIEW: Well sprouts of volatility have been witnessed in the last session though sentiments remain range
bound as expected. Opened on a relatively higher note on the back of moderate global cues, domestic indices shown range
bound trading through out the day however we believe domestic indices still seems to be favoring bulls at this juncture as lower
levels near 5200 being utilized by the market participants to re enter. For today’s session we expect the same scenario however
range could be little bit higher between 5245-5360. Moreover we still continue our previous approach and remain constant that
any drift below 5170 level may further spoils the traders sentiment though possibility of consolidation near 5130-5140 levels
can’t be rule out. On the other hand Bank nifty also shown some positive divergence in the last session as spot index closes
above 9750 with substantial volumes. We believe such momentum will continue in upcoming sessions though mild
corrections wouldn’t be rule out at any point. HAPPY TRADING....

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

BANK NIFTY 9430 9600 9793 9890 9950 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
 INTRA DAY TECHNICAL RECOMMENDATIONS

Scrip CMP Buy Near Stop Loss Target 1 Target 2 Trend

AGRO DUTCH 23.15 22 21 23.5 24.5 Rangebound

Scrip CMP Buy Near Stop Loss Target 1 Target 2 Trend

GEMINI COM 36.45 36 35 38 39 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

VIJAYA BANK 52.5 52 51 54 55 Rangebound

Scrip CMP Sell Near Stop Loss Target 1 Target 2 Trend

SIL 48.3 49 50.5 47 46 Rangebound
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Morning Notes

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