Download as pdf or txt
Download as pdf or txt
You are on page 1of 5

Morning Notes 07.06.

2010

DATA MATRIX OF LAST SESSION MARKET INSIGHTS: On 4th June 2010,The key benchmark indices pared gains in late
trade after hitting 3-week highs. The market breadth was negative. The BSE 30-share Sensex
INDEX Close Chg Chg
was provisionally up 90.86 points or 0.53%, up close to 190 points from the day's low and off
Sensex 17118 96 0.56% close to 40 points from the day's high. Gains in European shares, higher US index futures and
Nifty 5136 26 0.51% intraday recovery in Asian markets, aided a strong intraday rebound on the domestic
Midcap 6890 15 0.22% bourses. IT, auto and realty stocks reversed initial losses. Banking and FMCG stocks also
Smallcap 8640 13 0.15% gained. Stocks were volatile. The market slipped into the red after a positive start as Asian
stocks fell. The market cut losses after hitting a fresh intraday low in morning trade. The
market weakened once again to hit fresh intraday low in mid-morning trade. The market
VALUE TRADED (Rs Crs) Chg recovered from lower level to turn positive for a brief period in early afternoon trade. The
BSE 3547 -5.54% intraday recovery gathered steam in afternoon trade, led by recovery in Asian markets and
NSE 11282 -6.46% firm opening of European stocks. The market extended gains to hit fresh intraday highs in
F&O Total 64140 -16.69% mid-afternoon trade. The market pared gains in late trading after hitting a 3-week high.

As per provisional figures, the BSE 30-share Sensex was up 90.86 points or 0.53% to
NET INFLOWS (Rs Crs) Chg 17,113.90. The Sensex rose 128.09 points at the day's high of 17,150.42 in late trade, its highest
level since 14 May 2010. The Sensex fell 58.41 points at the day's low of 16,963.92 in mid-
FIIs 101.0 -75%
morning trade. The S&P CNX Nifty was up 21.85 points or 0.43% to 5,132.35 as per
DIIs -127.0 -261%
provisional figures. It hit a high of 5,147.90 in late trade, its highest level since its highest since
14 May 2010. The BSE Mid-Cap index rose 0.11% and the BSE Small-Cap index rose 0.07%.
FII OPEN INTEREST (Crs) Chg Both the indices underperformed the Sensex. The market breadth, indicating the overall
FII Index Futures 12996 0.27% health of the market, was negative. On BSE, 1380 shares advanced as compared with 1440
that declined. A total of 108 shares were unchanged. The breadth moved between positive
FII Index Options 45237 2.24%
and negative zone during the day.
FII Stock Futures 26510 1.12%
FII Stock Options 967 8.48% European stocks edged higher on Friday, 4 June 2010, as investors eagerly awaited US
monthly jobs data that could soothe recent jitters over the pace of the global recovery. Key
indices in UK, France and Germany were up by 0.3% to 0.72%. Most Asian stocks rose ahead
World Indices Chg of US jobs figures that will give a crucial reading on whether the recovery in the world's No. 1
Dow Jones 9932 -3.15% economy is broadening. The key benchmark indices in China, South Korea, Singapore,
Nasdaq 2219 -3.65% Indonesia rose by between 0.04% to 0.47%. The key benchmark indices in Hong Kong and
FTSE 100 5126 -1.63% Taiwan fell by 0.03% to 0.21%.

Commodity Chg NEWS ROOM: Back home, the monsoon rains were 11% below normal in the week to 2 June 2010, the
weather office said on Thursday, 3 June 2010. The June-September monsoon rains hit Kerala on 31 May
Crude Oil (US$/bl) 72.0 -4.26%
2010, a day ahead of schedule. The south-west monsoon usually covers the entire country by mid-July.
Gold (US$/oz) 1222 1.18% The weather office late April 2010 said rainfall is likely to be 98% of the long-term average. Good
monsoon rains would help raise farm output, boost rural incomes and lower food inflation.

INDEX TOP MOVERS


SCRIPS Open High Low Close Prev Close % Change Volume
CAIRN 293 301.8 293 301.5 291.65 3.38 1659919
MARUTI 1304 1335 1290 1329.15 1296.8 2.49 883335
SBIN 2290 2348 2279 2337.4 2287.3 2.19 1947874
HINDUNILVR 252.75 257.2 249.1 252.3 247.05 2.13 5072279
ITC 288.85 291.8 277 291.55 285.5 2.12 3188813

INDEX TOP SHAKERS


SCRIPS Open High Low Close Prev Close % Change Volume
AMBUJACEM 114.2 114.7 112.05 112.25 114.2 -1.71 668511
ONGC 1222 1230 1185 1192.8 1211.05 -1.51 2583460
RPOWER 163.8 164.5 159.05 159.2 161.6 -1.49 4157303
SAIL 203 203.45 198 200.25 202.6 -1.16 3041978
KOTAKBANK 759.55 762.8 749 751.85 759.55 -1.01 344734
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

TODAY'S MARKET LEVELS


Index Support 2 Support 1 Previous Close Resistance 1 Resistance 2 Trend
SENSEX 16540 16830 17118 17260 17500 Rangebound
NIFTY 5025 5060 5136 5170 5215 Rangebound

TECHNICAL VIEW: For today’s session we expect a weak scenario coupled with gap down opening on the back of poor
performances by global indices last night. We believe spot index could test 4980 in today’s session though possibility of
rebound from lower levels shouldn’t be rule out. Any drift below this level could tend to a panic situation among day traders
and we might see 4800 level in the upcoming sessions. On the flip side 5170-5180 should be the key ress zone. Any sustainable
break out for at least two days may shift the current gear though we feel upside will be limited and Scrutinized. HAPPY
TRADING.....

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


BANK NIFTY 8800 9145 9343 9470 9680 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


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
Website: www.moneysukh.com
Morning Notes

INTRA DAY TECHNICAL RECOMMENDATIONS

Scrip CMP Buy Near Stop Loss Target 1 Target 2 Trend


WINDSOR 59.25 58 57 60 61 Rangebound

Scrip CMP Buy Near Stop Loss Target 1 Target 2 Trend


HYDROS & S 40.2 40.2 40 41 42 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


AML 43.5 43.5 43 44.5 45 Rangebound

Scrip CMP Sell Near Stop Loss Target 1 Target 2 Trend


FOUR SOFT 26.4 28 30 26 24 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

You might also like