Market Outlook For 27 Dec - Cautiously Optimistic

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MORNING NOTE 27 DEC 2010
DATA MATRIX OF LAST SESSION FIRST LIGHT HEADINGS

INDEX Close Chg Chg
! BF Utilities is currently negotiating with Goldman Sachs to liquidate 10-15% stake in
Sensex 20074 91 0.46%
phase II of the 164-km expressway Bangalore Mysore Infrastructure Corridor (BMIC)
Nifty 6012 32 0.54%
project.
Midcap 7627 19 0.25%
! HDIL has launched the second phase of its mega-township project, Paradise City, being
Smallcap 9354 29 0.31%
developed at Palghar (West).
VALUE TRADED (Rs Crs) Chg ! Deputy chairman of India's Planning Commission Montek Singh Ahluwalia on Friday
BSE 2980 -11.36% said that Indian economy can grow by 9 percent FY11.
NSE 9996 -4.07%
F&O Total 110438 25.97%
MARKET INSIGHTS
NET INFLOWS (Rs Crs) Chg On Friday Dec 24, 2010,The domestic equity markets showed a remarkable recovery in
the second half of the session and ended the day's trade in the green, however, the trade
FIIs 15 -110%
remained range bound throughout the day. The BSE's 30-share Sensex and NSE's 50-
DIIs (297) 233% share Nifty settled above their psychological levels of 20,000 and 6,000 respectively.
Earlier in the morning, the benchmarks made a soft start tracking subdued regional
FII OPEN INTEREST (Crs) Chg peers. All the Asian equity indices barring Straits Times were trading in the negative
FII Index Futures 19977 -0.98% terrain in early trade. The US markets closed on a mixed note overnight. The trade
FII Index Options 57810 1.71% remained range bound till late afternoon as investors looked keen to book some profits
FII Stock Futures 36179 1.43% ahead of the Christmas and New Year vacation. The key indices witnessed a pullback in
late-afternoon trades mainly triggered by over one percent gain in index heavyweight
FII Stock Options 789 1.48%
L&T which helped the BSE's 30-share Sensex to regain the psychological 20,000-level.
Meanwhile, the PSU oil marketing companies (OMCs) Bharat Petroleum Corporation
World Indices Chg (BPCL), Indian Oil Corporation (IOC) and Hindustan Petroleum Corporation (HPCL),
Dow Jones 11573 0.00% all ended the day's trade with a cut of more than two percent on the report that the
Nasdaq 2666 -0.02% government may have to defer the diesel price hike by a few weeks.
FTSE 100 6009 0.22%
The BSE Sensex added 90.78 points or 0.45% to settle at 20,073.66 while the S&P
Commodity Chg CNX Nifty gained 31.60 points or 0.53% to end at 6,011.60. Meanwhile, the
consumer durables counter was the star performer of the session which rose by
Crude Oil (US$/bl) 94.2 -0.84%
1.79% this was followed by metal with gain of 1.33%, Healthcare up 1.01% and
Gold (US$/oz) 1384.2 0.23% Power up 0.78% remained the major gainers while Auto down 0.52%, PSU down
0.17%, Oil & Gas down 0.10% remained the only laggards on the BSE sectoral space.
Top Movers Close Price Chg The broader indices ended on a positive note; the BSE Mid-cap index rose 0.25%
RCOM 141.8 10.26 while the Small-cap index advanced 0.32%. There were 1554 advances against 1243
SUNPHARMA 475.5 4.98 declines on the index.
RPOWER 154.85 4.56
All the Asian equity indices barring Straits Times finished in the negative
SIEMENS 810 4.13 terrain on the last trading day of the week as investors' sentiment remained
SUZLON 51.25 3.85 lackluster across the region ahead of Christmas holidays.Chinese stocks declined
0.70% on the back of reduced cash flows from crunch in the money markets and
Top Losers Close Price Chg some speculative selling in large-cap auto stocks also supported the downfall.
TATAMOTORS 1305.4 -3.5 Shanghai Composite declined 20.06 points or 0.70% to 2,835.16, Hang Seng slipped
69.17 points or 0.30% to 22,833.80, KLSE Composite shed 2.90 points or 0.19% to
BPCL 673 -2.23
1,511.58, Nikkei 225 dropped 67.29 points or 0.65% to 10,279.19, Seoul Composite
IDFC 175.2 -1.27 was down 7.93 points or 0.39% to 2,029.60, Taiwan Weighted decreased 37.77
SAIL 184.8 -0.75 points or 0.42% to 8,861.10. .
HCLTECH 454.5 -0.68
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
make more, for sure.
MARKET OUTLOOK- CAUTIOUSLY OPTIMISTIC
TECHNICAL GLIMPSE: The Indian equity markets ended the day on a flat note but in the green after trading in tight range throughout
the session tracking mixed global cues. The NSE's -- Nifty -- and BSE's -- Sensex -- traded a tad above their crucial levels of 6,000 and 20,000,
respectively during most part of the day.
FAVORED TOT UP: Remember we have said that range bound scenario between 5690-6070 could be more justified at this stage. From the
last few trading sessions spot index witnessed some suggestive buying from the lower levels. For the upcoming sessions we believe the same
scenario though 6060-6066 could be the crucial resistence zone. For any major upside potential near to 6200 we believe spot index should close
above 6070 for at least two consecutive days with substantial volumes.
VARIED TOT UP: On the flip side any sell off from current levels may drift indices towards 5800 level where we might see some sort of
consolidation. Any drift below this may open the flood gates and possibility of sharp slide near to 5690-5700 should be on higher side. HAPPY
TRADING......
T O D A Y 'S M A R K E T L E V E L S
In d e x S u p p o rt 2 S u p p o rt 1 P re v io u s C lo s e R e s is ta n c e 1 R e s is ta n c e 2 T re n d
SEN SEX 19555 19836 20074 20218 20453 R ang ebo und
N IF TY 5930 5980 6012 6070 6105 R ang ebo und
Index Support 2 Support 1 Previous Close Resistance 1 Resistance 2 Trend

BANK NIFTY 11147 11294 11477 11635 11812 Rangebound
Mansukh Securities and Finance Ltd SEBISEBI

RegnRegn
No. BSE:
No.INB010985834
Mansukh
Office: Securities
306, Pratap and Shah
Bhavan, 5, Bahadur Finance LtdNew Delhi-110002
Zafar Marg,
BSE: INB010985834
/ NSE: INB230781431
/ NSE: INB230781431
Office:011-30123450/1/3/5
306, Pratap Bhavan,Fax:
5, Bahadur Shah Zafar PMS Regn
PMSNo.Regn
INP000002387
No. INP000002387
Phone: 011-30117710 Email:Marg, New Delhi-110002
research@moneysukh.com
Phone: 011-30123450/1/3/5
Website: www.moneysukh.com Fax: 011-30117710 Email: research@moneysukh.com
Morning Notes
INTRA DAY TECHNICAL RECOMMENDATIONS
Scrip CMP Buy Near Stop Loss Target 1 Target 2 Trend

RSSOFTWARE 45.7 45 44 46 47 Rangebound

SELMCL 21.45 21 20.4 21.5 22 Rangebound
Morning Notes
INTRA DAY TECHNICAL RECOMMENDATIONS

OISL 60.8 60 59 61 62 Rangebound
Scrip CMP Sell Near Stop Loss Target 1 Target 2 Trend

SUPREMETEX 17.2 18 18.5 17 16.5 Rangebound
Morning Notes
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
For more copies or other information, please send your query at research@moneysukh.com
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
This report is prepared for the exclusive use of Mansukh Group clients only and should not be reproduced, recirculated,published in any media, website
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.

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Real life predictability is not so rewarding...

Predict the Nifty with

MORNING NOTE 27 DEC 2010

DATA MATRIX OF LAST SESSION FIRST LIGHT HEADINGS

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

Mansukh Securities and Finance Ltd SEBISEBI

Scrip CMP Buy Near Stop Loss Target 1 Target 2 Trend

Scrip CMP Buy Near Stop Loss Target 1 Target 2 Trend

Scrip CMP Buy Near Stop Loss Target 1 Target 2 Trend

Scrip CMP Sell Near Stop Loss Target 1 Target 2 Trend

NAME DESIGNATION E-MAIL

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