Morning Notes 09 July 2010

MARKET INSIGHTS: On Thursday, July 08, 2010 the key benchmark indices pared gains after a
DATA MATRIX OF LAST SESSION
strong intraday surge. Banking, metal, realty and IT stocks rose. Index heavyweight Reliance
INDEX Close Chg Chg Industries (RIL) pared gains. The BSE 30-share Sensex ended at 17652 up 18070 points or 1.03% and
Sensex 17652 181 1.03% NSE 50-share clogged at 5297 with gain of 55.75 points or 1.06%. All the sectoral indices on BSE were
Nifty 5297 56 1.07% in green. The market breadth was strong. A hike in 2010 global growth forecast from the
Midcap 7252 63 0.88% International Monetary Fund, firm Asian stocks and stock market regulator Securities & Exchange
Board of India (Sebi)'s decision to reduce exposure margins for stock derivatives boosted
Smallcap 9236 59 0.64%
sentiments.
Asian stocks on surged on Thursday as US retail sales grew at the fastest pace in four years and as
VALUE TRADED (Rs Crs) Chg investors speculated European banks will pass stress tests. The key benchmark indices in Hong
BSE 3913 3.68% Kong, Indonesia, Taiwan, Singapore, Japan and South Korea rose by between 0.48% to 2.76%.
NSE 11332 5.76% However, China's Shanghai Composite was down 0.25%. In Taiwan's exports surged 34% to $23
billion in June amid the global economic recovery, Imports for the month rose 40% from a year
F&O Total 71607 3.70%
earlier to $21.3 billion.
European stocks rallied for the second day on Thursday, lifted by a combination of corporate
NET INFLOWS (Rs Crs) Chg profit hopes, emerging details of stress tests and a broker upgrade for the banking sector. The key
FIIs 957.0 -2044% benchmark indices in UK, France and Germany were up by 0.3% to 1.11%. The European Central
DIIs -270.0 -300% Bank is set to leave its benchmark interest rate at a record low of 1% for the 14th straight month as it
meets Thursday amid lingering concerns over the health of the continent's banking sector. The Bank
of England (BoE) also meets on Thursday and is also widely expected to leave its base interest rate at
FII OPEN INTEREST (Crs) Chg
a record low of 0.5% for the 17th consecutive month. Meanwhile Germany's exports surged by more
FII Index Futures 16719 -7.73% than 9% in May as the country's industry-led recovery gained momentum.
FII Index Options 49538 1.97%
NEWS ROOM: Sebi on Wednesday relaxed the exposure margin requirement for stock
FII Stock Futures 29612 1.19%
derivatives, based on the feedback received from market participants. After trading hours on
FII Stock Options 1309 4.63% Wednesday, 7 July 2010, Sebi issued a circular saying that the exposure margin would be higher of
5% or 1.5 times the standard deviation of the notional value of the gross open position in single stock
World Indices Chg futures and gross short open position in stock options in a particular underlying. On the macro
Dow Jones 10139 1.21% front, the latest data showed the food price index rose 12.63% in the year to 26 June 2010, while the
Nasdaq 2175 0.74% fuel price index climbed 18.02%. The pace of increase in food prices slowed from the previous
week's annual rise of 12.92% while fuel price inflation accelerated from last week's 12.90%. The
FTSE 100 5105 1.79%
primary articles index was up at 16.08% compared with the previous week's reading of 14.75%.

Commodity Chg The International Monetary Fund on Thursday raised its world output forecast for 2010, citing solid
growth in the first half, especially in Asia, but warned of significant downside risks flowing from
Crude Oil (US$/bl) 75.0 1.23%
Europe. The IMF revised its 2010 world gross domestic product forecast to 4.6%, up from a previous
Gold (US$/oz) 1198 -0.66% forecast in April of 4.2%. The 2011 GDP forecast was unchanged at 4.3%.

INDEX TOP MOVERS

SCRIPS Open High Low Close Prev Close % Change Volume
BPCL 666 702.7 661.6 701.15 659.1 6.38 4159791
STER 162.25 166.65 161.55 164.7 159.4 3.32 12236781
GAIL 461.75 471.9 460.5 470.4 457.75 2.76 1293600
UNITECH 73.7 75 73.55 74.45 72.65 2.48 18564229
SBIN 2315 2366.85 2315 2354.65 2304.1 2.19 1756229

INDEX TOP SHAKERS

SCRIPS Open High Low Close Prev Close % Change Volume
ACC 855.5 865.9 836.2 837.5 854 -1.93 348781
SUNPHARMA 1790 1796.85 1742.3 1745 1771.4 -1.49 82726
RELINFRA 1199.2 1206 1176 1176.25 1187.85 -0.98 1192613
POWERGRID 104 104 101.85 102 102.7 -0.68 1208165
RPOWER 176.85 178.4 174.6 174.65 175.75 -0.63 3073969

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 17380 17530 17652 17910 18160 Rangebound
NIFTY 5120 5260 5297 5330 5370 Rangebound

TECHNICAL VIEW: Well strong Asian markets once again create some buying on domestic indices as spot index surged
more than 1.1% gain in the entire session. For today’s session we believe 5330 could be the key ress zone though momentum still
intact with bulls. Hence traders are advised to book partial profits at 5330 and wait till 5370 wouldn’t be broke down with
substantial volumes. On the flip side 5200 still act as crucial support in near term. Hence with the stop loss of 5160 traders may
opt long positions in near this level however target should be the upper band of the current range.HAPPY TRADING....

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

BANK NIFTY 9190 9370 9574 9780 9960 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

IVP 77.75 77 75 79 80 Rangebound

Scrip CMP Buy Near Stop Loss Target 1 Target 2 Trend

JUMBO 50.3 48 46 50 52 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

WHIRL POOL 287.7 285 280 290 295 Rangebound

Scrip CMP Sell Near Stop Loss Target 1 Target 2 Trend

UNIPLY 13.55 14 15 13 12 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