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EQUITY
Market
Week : Aug 08th to 12th Aug 2011

REPORT

WEEKLY
Analyst Speak

5100 Final Support For Nifty

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Week : Aug 08th to 12th Aug 2011

Week : Aug 08th to 12th Aug 2011

Global Market News

Weekly Wrap
Market crash: Investors lose Rs 1.3 lakh cr : The investors were left poorer by over Rs 1.33 lakh crore after today's stock market crash, even as the market managed to recover nearly half of the losses suffered earlier during the day. The Sensex nose-dived 364 points in opening trades and continued to remain under pressure due to heavy selling in index heavyweights -Infosys, Reliance Industries and ICICI Bank. The BSE benchmark index touched a low of 16,990 in noon trades. Recovery in ONGC and Larsen & Tourbo in late trades helped the index trim losses. The Sensex finally ended at 17,306, down 387 points the Nifty closed at 5,211, down 120 points. Both the benchmark indices were down 5% for the week. BSE Realty index fell over 3%. Godrej Properties and HDIL declined 4.3%, and Anant Raj Industries slipped 3.8%.

Global Market Analysis

NIFTY
NIFTY Properties Weekly Open Weekly High Weekly Low Weekly Close Weekly Chg Points Weekly Chg% Values 5581.75 5645.40 5532.70 5633.95 +52.2 +0.93%

World Indices
World Indices Sensex Nifty DOW Jones Shanghai Comp. Nikkei CAC 40 FTSE Close 17305.87 5482.00 11444.16 2626.42 9299.88 3278.56 5246.99 Weekly Chg Points -891.33 -151.80 -699.08 -73.31 -533.15 -394.21 -568.21 % Chg -4.89% -2.69% -5.75% -2.78% -5.42% -10.53% -9.77%

Asian & Emerging

Asian stocks tumble after Wall Street slide: Asian stock markets tumbled Friday amid fears the US may be heading back into recession and Europe's debt crisis is worsening. The sell-off follows the biggest one-day points decline on Wall Street since the 2008 financial crisis. The benchmark Nikkei breached immediate support at 9,300, where the index hovered for some time after a slide that followed the March 11 earthquake and tsunami. The Nikkei was down 3.4 per cent at 9,334.26 at the midday break after hitting an intraday low of 9,264.09 soon after the open. The benchmark MSCI index of Asia Pacific stocks outside Japan was down 3.8 per cent , with investors selling across the sectors, whether they are defensive or cyclical. The index is on course for the biggest weekly drop since May 2010, when the European debt crisis was flaring up.

Sectorial Indices
Indices BANK NIFTY CNX NIFTY JUNIOR S&P CNX 500 CN XIT CNX MIDCAP CNX 100 Open 11015.14 10972.20 4448.85 6350.40 8021.50 5428.55 High 11064.90 11038.60 4476.95 6422.80 8112.50 5457.70 Low 10150.30 10322.05 4144.30 5770.30 7532.90 5044.35 Close 10354.50 10542.05 4220.50 5911.55 7691.15 5128.95

US Market
Wall Street retreats again in wildly volatile day: US stocks slipped back into the red late on Friday after fluctuating between big gains and losses in a wildly volatile session with trading volume in equities and options on track to set another record. The Dow Jones industrial average was down 5.83 points, or 0.05 percent, at 11,377.85. The Standard & Poor's 500 Index was down 5.32 points, or 0.44 percent, at 1,194.75. The Nasdaq Composite Index was down 29.84 points, or 1.17 percent, at 2,526.55. U.S. non-farm payrolls data showed a gain of 117,000 jobs in July compared with a forecast for an increase of 85,000, while the country's unemployment rate dipped to 9.1 percent last month from 9.2 percent in June, the Labor Department reported

Gainers
Scrip ONGC PNB BPCL IDFC HINDUNILEV Current Close 279.00 1,088.00 693.15 122.10 319.50 Change 273.20 1,077.40 688.60 121.60 319.20 Chg % 2.12 0.98 0.66 0.41 0.09

Losers
Scrip ASHOKLEYLAND CREW BOS PANASO.HOME WELSPUN GLOB OSWALMINERAL Current Close 24.40 53.40 110.85 73.05 30.55 Change 52.00 83.80 161.50 99.20 39.30 Chg % -53.08 -36.28 -31.36 -26.36 -22.26

Micro Economic Front

Food inflation inches up to 8.04% for July 23 week : After dropping to a 20-month low in mid-July, food inflation inched up to 8.04% for the week ended July 23 on expensive onion, fruits and milk. Monsoon rains 22% below normal in past week : Monsoon rains were 22% below normal in the week to August 3 from 23% below average showers in the previous week, the weather office said on Thursday, and a second straight week of weakness. Monsoon rains 22% below normal in past week : Monsoon rains were 22% below normal in the week to August 3 from 23% below average showers in the previous week, the weather office said on Thursday, and a second straight week of weakness.

Mutual Fund Invesement

Indices 04-Aug-2011 03-Aug-2011 02-Aug-2011 01-Aug-2011 Buy Value 532.50 568.20 436.60 347.80 Sell Value 403.80 544.80 455.10 508.10 Net Value 128.70 23.40 -18.50 -160.30

FIIs Investment
Indices 05-Aug-2011 04-Aug-2011 03-Aug-2011 02-Aug-2011 01-Aug-2011 Buy Value 2,404.10 1,906.10 1,866.10 1,848.80 2,765.80 Sell Value 2,550.80 2,707.20 1,948.80 1,691.60 3,384.80 Net Value -146.70 -801.10 -82.70 157.20 -618.90

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Week : Aug 08th to 12th Aug 2011

Week : Aug 08th to 12th Aug 2011

Weekly Analysis
Spot Nifty

Observation

Expert

Stock Of The Week

Observation

Expert

TECHNICAL OVERVIEW Nifty Futures shut stop at 5220 down by -117.20 or -2.20 %. It is looking bearish in the coming trading session if it manages to trade below the support level of 5110 else above resistance level of 5240 it would be in an upward trend.

TECHNICAL LEVELS
Properties Support 1 Support 2 Resistance 1 Resistance 2 Values 5110 5000 5240 5440

Weekly Chart

ANALYST RECOMMEND

BUY
ONGC LTD.
Symbol
ONGC (NSE)

Bank Nifty

Company Name
OIL & NATURAL GAS CORPORATION LTD.

Price
`277.25

Change
`4.05

Volume
5615738

52 Week High
368.15

% From High
-24.69%

Day High
279.90

EPS
4.79

Weekly Chart

Stock Analysis
TECHNICALS
ONGC IS IN CONSOLIDATION PHASE FROM LAST WEEK, IF IT
Indices
ONGC

TECHNICAL OVERVIEW Bank Nifty Futures shut stop at 10366 down by -185.95 points or 1.76 %. It is looking bearish in the coming trading session if it manages to trade below the support level of 10155 else above resistance level of 10380 it would be in an upward trend.

TECHNICAL LEVELS
Properties Support 1 Support 2 Resistance 1 Resistance 2 Values 10155 10030 10380 10790

MANAGES TO SUSTAIN ABOVE 282.50. IT WILL TAKE UP MOVE .WE RECOMMEND TO BUY ONGC IN NSE IN CASH ABOVE 282.50 TARGET 288,291 WITH STOPLOSS OF 276.

Support Resistance

276 282.50

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Week : Aug 08th to 12th Aug 2011

Week : Aug 08th to 12th Aug 2011

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

S
Supply and Demand: Shares Outstanding Plus Big Volume Demand.
Primary Factors ONGC LTD. is a large cap stock consisting of Rs. 236983.67 crores Shares Outstanding (Total Public Shareholding)

L
Leader or Laggard: Which is your stock?
Primary Factors

ONGC LTD. is a leading stock with a relative strength above 46.20% in Weekly and 51.08% in Daily.

KEY STATISTICS

C
Current Quarter Earning per Share. The Higher The Better.
Primary Factors Almost 46.72% increase in Q o Q Earnings.

I
Institutional Sponsorship: Follow the Leaders.
Primary Factors Approximately 12.21% of Shares are held by the Institutional Investors (FIIs, Mutual Funds etc.)

M A
Annual Earnings Increases: Look for a significant growth.
Primary Factors Annual Earnings showed an increase of 3.97% Y o Y.

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

Disclaimer
The information and views in this report, our website & all the service we provide are believed to be reliable, but we do not accept any responsibility (or liability) for errors of fact or opinion. Users have the right to choose the product/s that suits them the most.

N
New Products, New Management, New Highs, Buying at Right Time.
Primary Factors ONGC LTD. is set to have a breakout as it is being consolidating with positive biasness from last many trading sessions.

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