WEEKLY REPORT

09th May - 13th May 2011

Global Research Limited

STOCKS R E P O R T
BEARS HAD UPPER HAND, BULLS TRY TO SNEAK !! WEEK WRAP
The markets received a battering during the week as the policy action by the RBI resurrected lurking fears of unbriddled inflation and its effect on India Inc. Bajaj Auto which was also the top loser in the auto pack, corrected by 9.8% at Rs 1319. Reliance Infra, Sterlite and Bharti Airtel lost around 7% each. In the midcap space, Triveni Engineering plunged by 61% at Rs 39, SKS Microfinance corrected by 27% at Rs 331 and OnMobile Global lost 19.4% at Rs 112. And the smallcap space saw the likes of Allied Digital plunging by 26% at Rs 66, Mastek losing 19% at Rs 94 and Money Matters losing 15% at Rs 52.

ASIAN & EMERGING MARKET
Asian markets saw selling pressure in early trade on Friday following weak US markets. At 8 hours IST, China's Shanghai Composite was trading at 2,849.22, down 23.18 points or 0.81%. China's main stock index ended down 0.3 per cent on Friday at a more than two-month low, weighed down by energy shares as investors cut positions after a sharp sell-off in commodities. Australia Prepares to Tighten Fiscal Policy in Hit to Consumers Aiding RBA: Australia's government next week will unveil spending cuts aimed at assuring a return to a budget surplus, helping the nation's central bank contain inflation at the expense of growth in the economy's 20th year of expansion.

US MARKET
The US equity markets declined as investors took profits ahead of a key government jobs report on Friday, and as energy shares extended losses after crude oil plunged below USD 100 a barrel. It was carnage across the commodity space, oil collapsed into free-fall diving more than 10% & the Nymex crude prices slipping below the USD 100 a barrel mark. The resurgent dollar, coupled with demand concerns & disappointing economic da ta weighed on sentiment. Brent prices too dropped to USD 111 a barrel levels. Copper too nosedived more than 3% to its lowest level since December as fears about sputtering global growth and growing inflation risk triggered a vicious cross-commodity crash.

MICRO ECONOMIC FRONT
Food inflation falls to 8.53% : Food inflation fell to 8.53% for the week ended April 23 on the back of fall in prices of pulses, reversing the upward trend seen in the previous fortnight. Food inflation in the previous week was 8.76%. Fruits and protein-based items continued to become more costly. Fruits became dearer by 32.69% year-on-year, while milk was up by 5.16% and eggs, meat and fish by 5.13%. Basu-led panel on inflation to meet tomorrow: Amid rising prices, the inter- ministerial group (IMG) on inflation will meet tomorrow to review the price rise situation in the country. "The IMG will meet tomorrow," Chief Economic Advisor Kaushik Basu, who chairs the panel, said.

1 | APRIL 2011 | www.capitalvia.com

Global Research Limited

WEEKLY REPORT
09th May - 13th May 2011

BEARS HAD UPPER HAND, BULLS TRY TO SNEAK !!
NIFTY
NIFTY Properties
Weekly Open Weekly High Weekly Low Weekly Close Weekly Chg Points Weekly Chg%

WORLD INDICES
Values
5766.90 5775.25 5443.65 5551.45 -215.45 -3.73%

World Indices
Sensex Nifty DOW Jones Shanghai Comp. Nikkei CAC 40 FTSE

Close
18518.81 5551.45 12638.74 2864.15 9859.20 4058.01 5976.77

Weekly Chg Points
-617.15 -215.45 -172 -47.36 +9.46 -48.9 -93.13

% Chg
-3.22% -3.73% -1.34% -1.62% +0.09% 1.19% -1.53%

SECTORIAL INDICES
Indices BANK NIFTY CNX NIFTY JUNIOR S&P CNX 500 CNX IT CNX MIDCAP CNX 100 Open 11509.30 11385.05 4624.75 6740.55 8201.30 5663.60 High 11543.35 11435.50 4632.90 5772.40 8237.35 5674.45 Low 10677.30 10746.70 4379.55 6484.85 7817.85 5347.60 Close 11145.10 10993.70 4460.45 6627.00 7965.40 5455.40

GAINERS
Scrip BHARAT RASYAN MAN INDS PAPER PRODUCT MAN ALUMIN CAROL INFO Current Close GAINERS 145.90 98.40 68.80 62.70 168.30 Change 87.70 78.80 57.15 52.10 142.70 Chg % 66.36 24.87 20.38 20.34 17.93

LOSERS
Scrip TRIVENI ENG SHILPI CABLE SHRIRAM TRNS CONSOL.CONST DHUN.INVEST Current Close 39.95 24.50 608.60 38.75 65.25 Change 108.80 34.80 809.05 51.45 85.30 Chg % -63.28 -29.59 -24.77 -24.68 -23.50

DII’S INVESTMENTS
Indices 05-May-2011 04-May-2011 03-May-2011 02-May-2011 Buy Value 499.60 759.90 480.40 252.10 Sell Value 288.40 513.40 566.50 702.10 Net Value 211.10 246.50 -86.10 -450.00

FII’S INVESTMENTS
Indices 06-May-2011 05-May-2011 04-May-2011 03-May-2011 02-May-2011 Buy Value 1,990.70 2,449.00 2,693.00 1,875.30 3,239.70 Sell Value 2,613.60 3,149.00 3,944.80 1,863.70 3,434.50 Net Value -622.80 -700.00 -1,251.80 11.60 -194.80

1 | DECEMBER 2010 | www.capitalvia.com 2 | APRIL 2011 | www.capitalvia.com

Global Research Limited

WEEKLY REPORT
09th May - 13th May 2011

BEARS HAD UPPER HAND, BULLS TRY TO SNEAK !!

WEEK AHEAD SPOT NIFTY

TECHNICALS
Properties Support 1 Support 2 Resistance 1 Resistance 2
Figure: 1 Nifty Weekly

Values 5415 5310 5595 5730

The Nifty futures closed and settled finally at 5555, down by 96.60 or -1.77 %. It is looking bullish in the coming trading session if it manages to trade above the resistance level of 5595 else below support level of 5415 it would be in a downward trend.

WEEK AHEAD BANK NIFTY

TECHNICALS
Properties Support 1 Support 2 Resistance 1 Resistance 2 Figure: Bank Nifty Weekly Values 10788 10520 11775 12050

Bank Nifty Futures shut stop at 11143.90 up by 395.45 points or 3.68 % It is looking bullish in the coming trading session if it manages to trade above the resistance level of 11775 else below support level of 10788 it would be in a downward trend.

3 | APRIL 2011 | www.capitalvia.com

Global Research Limited

WEEKLY REPORT
09th May - 13th May 2011

BEARS HAD UPPER HAND, BULLS TRY TO SNEAK !!

STOCK OF THE WEEK -

MCLEOD RUSSEL

BUY
TECHNICAL PICTURE

MCLEOD RUSSEL IS IN CONSOLIDATION PHASE FROM LAST FEW TRADING SESSION. IF IT MANAGES TO SUSTAIN ABOVE 269 IT WILL TAKE UP MOVE .WE RECOMMEND TO BUY MCLEOD RUSSEL IN CASH ABOVE 269 TARGET 273,278 WITH STOP LOSS OF 262.90.

MCLEOD RUSSEL LTD.

Indices Support Resistance MCLEODRUSS (NSE)
MCLEOD RUSSEL LTD.

MCLEOD RUSSEL 262.90 269

Symbol Company Name Price Change Volume 52 Week High % From High Day High EPS

`267.50 `5 148390 286.70 -6.69% 269 21.40

4 | APRIL 2011 | www.capitalvia.com

Global Research Limited

WEEKLY REPORT
09th May - 13th May 2011

BEARS HAD UPPER HAND, BULLS TRY TO SNEAK !!
KEY STATISTICS

WHY CAN SLIM?

C A N

Current Quarter Earning per Share. The Higher The Better. Primary Factors Almost 32.69% decrease in Q o Q Earnings. Annual Earnings Increases: Look for a significant growth. Primary Factors Annual Earnings showed an increase of 170.68% Y o Y. New Products, New Management, New Highs, Buying at Right Time. Primary Factors MCLEOD RUSSEL LTD. is set to have a breakout as it is being consolidating with positive biasness after a sharp fall previously.

“CAN SLIM is a formula created by William J. O'Neil, who is the founder of the Investor's Business Daily and author of the book How to Make Money in Stocks - A Winning System in Good Times or Bad. Each letter in CAN SLIM stands for one of the seven chief characteristics that are commonly found in the greatest winning stocks. The C-A-N-S-L-I-M.

S

Supply and Demand: Shares Outstanding Plus Big Volume Demand. Primary Factors MCLEOD RUSSEL LTD. is a midcap stock consisting of Rs. 2840.80 crores Shares Outstanding (Total Public Shareholding)

L

Leader or Laggard: Which is your stock? Primary Factors MCLEOD RUSSEL LTD. is a leading stock with a relative strength above 61.54% in Weekly and 51.72% in Daily.

characteristics are often present prior to a stock making a significant rise in price, and making huge profits for the shareholders!

I

Institutional Sponsorship: Follow the Leaders.

Primary Factors
Approximately 45.67% of Shares are held by the Institutional Investors (FII”s, Mutual Funds etc.)

O'Neil explains how he conducted an intensive study of 500 of the biggest winners in the stock market from 1953 to 1990. A model of each of these companies was built and studied. Again and again, it was noticed that almost all of the biggest stock market winners had very similar characteristics just before they began their big moves.”

M

Market Direction

Primary Factors
If Market continues to remain in a secular uptrend, hence overall conditions are appropriate to initiate long position in the stock: A Big plus for the Stock.

Sources: Sihl.in 5 | APRIL 2011 | www.capitalvia.com

Global Research Limited

WEEKLY REPORT
09th May - 13th May 2011

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