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Morning Notes 28.05.

2010

DATA MATRIX OF LAST SESSION MARKET INSIGHTS: On 27th May 2010,The key benchmark indices extended gains in
late trade as world stocks rose after China signaled support for the euro zone. The BSE 30-
INDEX Close Chg Chg%
share Sensex ended up 278.56 points or 1.70% to 16,666.40 and the 50-unit S&P CNX Nifty
Sensex 16666 279.4 1.71% surged past the psychological 5,000 mark in late trade and at the end of the day closed at
Nifty 5003 86 1.75% 5003.10 up 85.70 points or 1.74%. Bank shares led the rally. The market breadth was strong.
Midcap 6646 61 0.93% Metal stocks gained as copper futures rose on Thursday. Auto shares advanced ahead of
Smallcap 8378 64 0.77% May 2010 sales figures due to be announced next week. Capital goods and IT pivotals gained
on fresh buying. Fresh buying pushed the key benchmark indices to the day's high in early
afternoon trade and continued up to last trade.
VALUE TRADED (Rs Crs) Chg%
BSE 3824 18.24% Asian stocks jumped after staging an intra-day reversal in early trade. The key benchmark
indices in Hong Kong, China, Indonesia, Japan, South Korea, Singapore and Taiwan were
NSE 16616 23.03%
up by between 0.64% to 1.62%. China State Administration of Foreign Exchange (Safe), the
F&O Total 154507 17.00% agency which manages the nation's reserves, said Thursday that media reports that it is
considering selling some of it holdings of euro-bonds are "groundless". Japan's exports
NET INFLOWS (Rs Crs) Chg% jumped 40.4% to 5.9 trillion yen in April 2010 from a year earlier, marking the fifth straight
monthly year-on-year increase, boosted by global demand for Japanese cars and
FIIs -533.0 221%
semiconductors.
DIIs 410.0 531%
European shares edged higher on Thursday, tracking gains in Asian stocks and after
China denied a report it was looking to cut its holdings of euro zone sovereign debt. The key
FII OPEN INTEREST (Crs) Chg%
benchmark indices in France, Germany and UK were up by between 1.75% to 2.23%.
FII Index Futures 12890 -28.94%
FII Index Options 35129 -35.49% NEWS ROOM: In an attempt to create a level-playing field with the retail investors, the
FII Stock Futures 24518 -15.16% market regulator Securities & Exchange Board of India (Sebi) reportedly proposes to change
FII Stock Options 253 -84.54% margin requirement norms for institutional investors so that these investors settle the
margin requirement on the same day. Meanwhile, the Reserve Bank of India (RBI) on
Wednesday eased rules to boost liquidity at banks to avoid a cash crunch because of
World Indices Chg % payments for corporate advance tax and license fees for third-generation mobile-phone
Dow Jones 10259 2.86% spectrum. As per RBI's circular released on 26 May 2010, banks can borrow as much as 0.5%
Nasdaq 2277 3.69% of their deposits from the central bank under the repurchase agreement till 2 July 2010. In
addition, RBI said that as an ad hoc measure, banks can seek a waiver for any shortfall in
FTSE 100 5195 3.12%
maintenance of the prescribed 25% statutory liquidity ratio (SLR) while availing the
Commodity Chg % temporary facility.Besides, the central bank has decided to conduct two rounds of liquidity
Crude Oil (US$/bl) 75.0 4.17% adjustment facility (LAF) operations till 2 July 2010. Through LAFs, that are conducted at
least once a day, banks can avail of funds through the repo window or park surplus cash
Gold (US$/oz) 1208 -0.41%
through the reverse repo route. .

INDEX TOP MOVERS


SCRIPS Open High Low Close Prev Close % Change Volume
RPOWER 145 157.9 143.05 155.25 145.5 6.7 6715638
TATAMOTORS 707.1 750 704.45 749.95 709.5 5.7 9131458
STER 621 654 621 646.45 616.6 4.84 4746578
AXISBANK 1157 1222 1147.15 1210 1156.9 4.59 2701512
UNITECH 68.95 71.85 67.8 71.65 68.75 4.22 38255104

INDEX TOP SHAKERS


SCRIPS Open High Low Close Prev Close % Change Volume
POWERGRID 104.5 104.5 100.2 102 103.2 -1.16 2543890
ACC 830 839 809 821 830.1 -1.1 626823
IDEA 50 50.8 49.1 49.65 50.15 -1 7594248
BHARTIARTL 263.1 265 257.6 261.2 263.65 -0.93 7372814
SUZLON 59 59.1 57.45 58.25 58.75 -0.85 16527857

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Office: 306, Pratap Bhavan, 5, Bahadur Shah Zafar Marg, New Delhi-110002 PMS Regn No. INP000002387
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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 16350 16500 16666 16750 16840 Rangebound
NIFTY 4930 4960 5003 5035 5070 Rangebound

TECHNICAL VIEW: On the daily chart, the spot indices continued their upside movement on Thursday as the
Nifty for first time manage to close above 200 DSMA on yesterday's trading session. The oscillators like MACD and
RSI suggest strength in the index. Keeping in mind the above observations, we suggest traders continue their long
position with strict stop loss of 4805. For today's session we believe trading range could be between 4940-5060.
Hence traders are advised to create 'long position' rather than short one. HAPPY TRADING.....

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


BANK NIFTY 8850 9105 9259 9410 9540 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 SEBISEBI


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Website: www.moneysukh.com
Morning Notes

INTRA DAY TECHNICAL RECOMMENDATIONS

Scrip CMP Buy Near Stop Loss Target 1 Target 2 Trend


NITESH EST 45.45 43-44 42 46 47 Rangebound

Scrip CMP Buy Near Stop Loss Target 1 Target 2 Trend


CREW BOS 89.45 86 82 90 94 Rangebound

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

INTRA DAY TECHNICAL RECOMMENDATIONS

Scrip CMP Buy Near Stop Loss Target 1 Target 2 Trend


TVS MOTORS 97.75 95 92 98 100 Rangebound

Scrip CMP Sell Near Stop Loss Target 1 Target 2 Trend


SIC AGENCY 66.2 68 70 65 63 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

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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
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

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