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Morning Notes 06 AUG,10

MARKET INSIGHTS: On Thursday Aug 05, 2010,The key benchmark indices reversed gains
DATA MATRIX OF LAST SESSION
after striking 2-1/2-year highs at the onset of the trading session, on worries the central bank
INDEX Close Pts. Chg Chg will raise interest rate again at a mid-quarter policy review on 16 September 2010. The
Sensex 18173 -44 -0.24% market breadth was positive, weakening from a strong breadth earlier in the day. Two index
Nifty 5447 -21 -0.38% heavyweights ICICI Bank and Reliance Industries (RIL) declined. European stocks and US
Midcap 7522 3.27 0.04% index futures rose. Auto, realty and IT stocks gained. But, metal stocks fell. The market
opened on a firm note, tracking gains in Asian stocks. The market extended gains in morning
Smallcap 9561 44.51 0.47%
trade, with the key benchmark indices hitting 2-1/2-year highs. The market trimmed gains
in mid-morning trade. The market weakened in late trade, the Sensex hitting a fresh intraday
VALUE TRADED (Rs Crs) Chg
low at the fag end of the trading session. NSE's volatility index, India VIX, a gauge of
BSE 4876 1.67% traders' perception of near-term risks in the market based on options prices, rose 3.93% to
NSE 13350 7.85% 17.71. India VIX is calculated based on the S&P CNX Nifty options prices. India VIX is a
F&O Total 65579 -1.96% measure of the market's expectation of volatility over the next 30 calendar days.

As per provisional figures, the BSE 30-share Sensex was down 37.13 points or 0.2% to
NET INFLOWS (Rs Crs) Chg 18,180.31. The Sensex rose 77.99 points at the day's high of 18,295.43 in morning trade, its
FIIs 73.0 -89% highest since 19 February 2008. The index fell 60.99 points at the day's low of 18,156.45 in late
DIIs -188.0 -32% trade. The S&P CNX Nifty was down 19.55 points or 0.36 % to 5,448.30 as per provisional
figures. The Nifty hit a high of 5,487.15 in early trade, its highest since 5 February 2008.
FII OPEN INTEREST (Crs) Chg European shares edged higher on Thursday, 5 August 2010, after some well-received
FII Index Futures 16424 2.62% corporate results, ahead of two central bank interest rate decisions. The key benchmark
FII Index Options 53350 6.22% indices in UK, France and Germany were up by 0.33% to 1%. Asian stocks were mixed after
FII Stock Futures 34886 1.03% reports the China Banking Regulatory Commission has ordered Chinese banks to conduct a
round of stress tests. The key benchmark indices in Taiwan and South Korea were down by
FII Stock Options 1105 7.85%
0.3% to 0.45%. But, the key indices in Indonesia, Singapore, Hong Kong and Japan were up
by 0.01% to 1.73%.
World Indices Chg
Dow Jones 10674 -0.06% NEWS ROOM: The vital monsoon rains were 16% above normal in the week to Wednesday,
Nasdaq 2293 -0.48% 4 August 2010, the second highest in the current season, the weather office said on Thursday,
5 August 2010. Rains were 38% above normal in the week to 28 July 2010, the highest in this
FTSE 100 5366 -0.37%
season. The revival of monsoon rains in the crucial sowing month of July 2010 augurs well
for the Indian economy which is driven by strong domestic demand. Over 64.7 million
Commodity Chg
hectares had been brought under the crop cover by 22 July 2010. This is about 5.4 million
Crude Oil (US$/bl) 82.0 0.17% hectares more compared with 59.3 million hectares planted last year till this date.
Gold (US$/oz) 1196 0.06%

INDEX TOP MOVERS


SCRIPS Open High Low Close Prev Close % Change Volume
UNITECH 82.4 85.4 82.4 84.75 82.15 3.16 26903875
HCLTECH 406.35 417.15 405 413 403.75 2.29 2513707
SBIN 2600 2662.7 2590 2654 2595.15 2.27 2243796
TATAMOTORS 846 866.75 842.9 862.75 844.45 2.17 2915964
TCS 872 882.4 865.65 878.55 868.8 1.12 1456475

INDEX TOP SHAKERS


SCRIPS Open High Low Close Prev Close % Change Volume
IDEA 75.4 75.4 70.5 71.2 75 -5.07 9357581
AMBUJACEM 116.9 117.8 113.25 113.8 117.25 -2.65 971884
GAIL 441 442.9 429.35 430.25 441 -2.44 3828288
IDFC 189 189.5 182.3 182.45 186.3 -2.07 8971427
RCOM 176 177 172.6 173.1 176.65 -2.01 2694667

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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 17900 18050 18173 18375 18525 Rangebound
NIFTY 5380 5420 5447 5495 5540 Rangebound

TECHNICAL VIEW: After posting sequential gains for the last three trading session, spot index shown some sign of
tiredness in the last session as spot index reported marginal loss in the late hours. Opened on a relatively flat note with positive
bias domestic indices shown some selling pressure around 5500 though we feel momentum still intact with Bulls. The moving
averages indicate still positive signal as the price line hovering above all the three 20, 50 and 200 DSMA moving averages
however oscillators MACD, RSI and STOCHASTICS generate again mixed signals . So traders and investors have to be very
cautious in taking their position at this level, every correction should be considered as a buying opportunity.

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


BANK NIFTY 9150 9300 10446 10600 10750 Rangebound
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Morning Notes
INTRA DAY TECHNICAL RECOMMENDATIONS

Scrip CMP Buy Near Stop Loss Target 1 Target 2 Trend


DIGJAM 11.5 11 10.5 12 13 Rangebound

Scrip CMP Buy Near Stop Loss Target 1 Target 2 Trend


IGARASHI 72.8 72 71 73.5 75 Rangebound

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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


PTL 40.75 40 39 41 42 Rangebound

Scrip CMP Sell Near Stop Loss Target 1 Target 2 Trend


TCI FINANCE 41.35 42 43 41 40 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
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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
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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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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