Morning Notes 26.03.

2010

DATA MATRIX of 25.03.2010 MARKET INSIGHTS: On Thrusday,25 March 2010,The key benchmark indices reversed
INDEX Close Chg Chg% intraday losses and surged to fresh to intraday highs in late trade tracking higher European
stocks and gainsin US index futures. Stocks rose for the second straight day. The BSE 30-
Sensex 17559 108 0.62%
Nifty 5260 35 0.67%
share Sensex was provisionally up 110.46 points or 0.63%, up close to 180 points from the
Midcap 6715 8 0.12% day's low and off close to 15 points from the day's high. Index heavyweight Reliance
Smallcap 8430 -18 -0.21% Industries reversed early losses. Banking, capital goods, FMCG and realty stocks rose. Some
side counters surged even as the market breadth, indicting overal health of the market, was
negative. The market recovered from lower level in early trade. However, the intraday
VALUE TRADED (Rs Crs) Chg%
recovery proved short-lived. The market weakened once again in morning trade. The Sensex
BSE 4457 5.89%
hit fresh day's low in mid-morning trade. It recovered from lower level later. The market
NSE 17579 41.48%
once again came off the day's high later. It trimmed losses in mid-afternoon trade. The
F&O Total 136971 15.40%
market surged in late trade as traders rolled over positions in the derivatives segment from
the March 2010 series to the April 2010 series ahead of the expiry of the near-month March
NET INFLOWS (Rs Crs) Chg%
2010 derivatives contracts. The near-month March 2010 derivatives contracts expired today.
FIIs 653 81.39%
DIIs -156 113.70% European shares rose on Thursday, ahead of a European Union meeting to help heavily
indebted Greece as investors focus on sovereign debt concerns. Oil majors gained as
commodity prices eased off lows. The key benchmark indices in France, Germany and UK
FII OPEN INTEREST (Crs) Chg% rose by 0.3% to 0.61%. Asian stock markets were mixed on Thursday, after US stocks slipped
FII Index Futures 11102 -31.23% on Wednesday following large gains in recent days. The key benchmark indices in China
FII Index Options 25340 -44.64% and Hong Kong fell by 1.15% to 1.23%. But, the key benchmark indices in Indonesia, Japan,
FII Stock Futures 25627 -11.66% Taiwan, Singapore and South Korea rose by 0.07% to 0.46%.
FII Stock Options 90 -90.01%
NEWS ROOM: In global news, credit rating agency Fitch on Wednesday lowered
Portugal's sovereign credit rating, citing its growing budget deficit and debt load.
World Indices Chg %
Meanwhile, European Union (EU) leaders are meeting today in Brussels to resolve Greece's
Dow Jones 10,841 -0.44%
debt crisis. However, fears that EU members may fail to agree to an aid package for Greece
Nasdaq 2,397 -0.75%
pushed the euro to a fresh 10-month low against the dollar in Asia Thursday. The EU summit
FTSE 100 5,728 0.95%
ends on Friday, 26 March 2010. People's Bank of China Vice Governor Zhu Min on Thursday
Commodity Chg % said Greece's debt crisis is just the tip of the iceberg. Meanwhile, the Dubai's government
Crude Oil (US$/bl) 80.0 0.00% said Thursday it will commit $9.5 billion in new funding to help conglomerate Dubai World
Gold (US$/oz) 1092 -0.82% restructure its debt.

INDEX TOP MOVERS

SCRIPS Open High Low Close Prev Close % Change Volume
HEROHONDA 1920 2058 1920 2040 1938.1 5.26 1211336
HINDALCO 169.8 180 169.1 179.35 170.45 5.22 19185843
RPOWER 143 149.8 143 149.7 142.7 4.91 5138190
SUNPHARMA 1690 1770 1690 1756.55 1690.35 3.92 320256
SIEMENS 732 763 732 763 737.6 3.44 747363

INDEX TOP SHAKERS

SCRIPS Open High Low Close Prev Close % Change Volume
ACC 958.4 958.85 931.1 932.9 957.5 -2.57 756676
TATAMOTORS 745 753 714.25 724.4 739.3 -2.02 8706893
NTPC 203.55 203.55 198.05 200.45 203.55 -1.52 7842057
GAIL 408 408 400 402 407.85 -1.43 4042232
ONGC 1069 1070 1050.55 1053.95 1069.25 -1.43 1102967

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

MARKET OUTLOOK- CAUTIOUSLY OPTIMISTIC

Market Levels For 26 March 2010

Index Support 2 Support 1 Previous Close Resistance 1 Resistance 2 Trend
SENSEX 17030 17200 17559 17660 17750 Rangebound
NIFTY 5170 5220 5260 5295 5330 Rangebound
TECHNICAL VIEW: As expected domestic indices shown some bouts of volatility in the yesterday’s session though the good
point is market shown some strong resilience below 5200 . Opened on a relatively flat note spot index continue to trade in a narrow range
between 5200-5260. Domestic indices seems to be consolidated near 5260-5270 from last few days though momentum keeps on buying
side. We might see some mild correction in near term though we believe it should be a decent opportunity to go long untill and unless
5030 wouldn’t be breach down with substantial volumes. Remember we have said that any break out above 5180 may lead spot index to
5260-5270 where possibility of profit booking shouldn't be rule out. Exactly to our expectation markets reached 5260 in a short span of
time and found stiff resistance to cross it.
For today’s session we expect slightly moderate scenario with positive bias. We believe markets should continue its positive
momentum and may breach 5300 though its closing will be more important. Hence traders are advised to book partial profits in their
long positions near 5300 and use ‘Buy on dip’ strategy on any correction though we may witness a short term consolidation near 5150
levels in upcoming sessions. Happy trading...

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

BANK NIFTY 9020 9225 9331 9450 9545 Rangebound

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
 TECHNICAL RECOMMENDATIONS FOR 26MAR’10

Scrip CMP Buy Near Stop Loss Target 1 Target 2 Trend

LISTINGLAXMI 56.9 56.5 55.5 58 56 Rangebound

Scrip CMP Buy Near Stop Loss Target 1 Target 2 Trend

WEIZMAN IND 38.25 38 37 40 41 Rangebound
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
 TECHNICAL RECOMMENDATIONS FOR 26MAR’10

Scrip CMP Buy Near Stop Loss Target 1 Target 2 Trend

AGRODUTCH 22.85 22.5 22 23 23.5 Rangebound

Scrip CMP Sell Near Stop Loss Target 1 Target 2 Trend

EDSERV 227.9 235 240 225 220 Rangebound
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

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
Ajay Lakra Research Analyst ajaylakra@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.

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