Analysis On Stock Market Outlook by Mansukh Investment & Trading Solutions 04/08/2010

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Morning Notes 04 AUG,10

MARKET INSIGHTS: On Tuesday Aug 03, 2010,The key benchmark indices marginally
DATA MATRIX OF LAST SESSION
ended a tad higher as banking stocks and index heavyweight Reliance Industries (RIL) rose.
INDEX Close Pts. Chg Chg
Strong sales reported by auto firms for July 2010, data showing sustained buying by foreign
Sensex 18115 34 0.19% funds over the past two months and revival of monsoon rains in the crucial sowing month of
Nifty 5440 8 0.15% July, supported the domestic bourses. The BSE 30-share Sensex ended at 18,114.83 up 33.62
Midcap 7516 23.38 0.31% points or 0.19% and NSE 50-share Nifty closed at 5439.55 up 7.90 points or 0.15%. Index
Smallcap 9467 32 0.34% heavyweight Larsen & Toubro fell. IT stocks also fell on a firm rupee. FMCG stocks, too,
edged lower. Hindalco Industries rose after posting higher Q1 bottom line.
VALUE TRADED (Rs Crs) Chg
BSE 4442 11.78% European shares drifted lower on Tuesday, 3 August 2010, as weaker metals prices put
pressure on mining stocks, but losses were limited as more strong company results
NSE 13061 11.73%
boosted optimism for earnings. The key benchmark indices in UK and France were
F&O Total 57832 -6.21%
down by 0.09% to 0.33%. But, Germany's DAX rose 0.15%.

NET INFLOWS (Rs Crs) Chg Most Asian stocks rose on Tuesday, 3 August 2010, after Wall Street opened August
FIIs 607.4 -17% with a strong rally on positive indicators from around the globe. The key benchmark
indices in Hong Kong, Japan, Taiwan and South Korea were up by between 0.21% to
DIIs -152.5 -12%
1.29%. But, the key benchmark indices in Singapore, China and Indonesia fell by
between 0.34% to 2.79%.
FII OPEN INTEREST (Crs) Chg
FII Index Futures 15357 0.13% NEWS ROOM: On the macro front, India's exports rose for the eighth straight month in June,
FII Index Options 49331 6.52% growing an annual 30 percent to $17.75 billion, government data on Monday showed.
FII Stock Futures 33942 1.35% Imports for the month rose 23 percent to $28.3 billion, widening the country's trade deficit to
FII Stock Options 869 35.92% $10.55 billion from $9.4 billion in the same period last year. The trade deficit in May stood at
$11.3 billion, the highest since November 2008.
World Indices Chg The government on Tuesday sought parliamentary approval to spend a gross additional
Dow Jones 10636 -0.36% $14.78 billion in the fiscal year to end-March 2011 (FY 2011), on top of the budget target of
Nasdaq 2284 -0.48% around $240 billion. Finance Minister Pranab Mukherjee sought approval to spend a net
FTSE 100 5396 -0.02% additional $11.8 billion. The government said the proposed extra spending would not derail
the government's plans to keep fiscal deficit capped at 5.5% of GDP in the current financial
Commodity Chg year, due to excess receipts under non-tax revenue. These additional funds would be mainly
used to pay oil retailers Rs 14000 crore, as compensation for selling fuel below market rates,
Crude Oil (US$/bl) 82.5 2.03%
and Rs 579 crore as fertiliser subsidies. The government also plans to spend Rs 8467 crore to
Gold (US$/oz) 1194.5 0.84% raise its vote share in the International Monetary Fund.

INDEX TOP MOVERS


SCRIPS Open High Low Close Prev Close % Change Volume
BHARTIARTL 319.8 329.8 317.35 328.9 318.05 3.41 8863324
KOTAKBANK 788 805.95 783.15 805 783.45 2.75 1244156
ICICIBANK 944.4 966 943 960.1 939.55 2.19 6550962
HEROHONDA 1830 1869.4 1830 1862 1825.15 2.02 514524
BPCL 642.2 658 638.75 655 643.55 1.78 1386146

INDEX TOP SHAKERS


SCRIPS Open High Low Close Prev Close % Change Volume
ITC 158.7 158.7 153.75 153.9 312.8 -3.02 5645411
RCOM 179.4 180 173.1 174.2 178.55 -2.44 8392554
RPOWER 162.4 163 157.8 158.55 162.4 -2.37 2315139
LT 1820 1823.9 1776.15 1785.35 1812.3 -1.49 1188686
M&M 664 665 650 651.85 661.4 -1.44 707332

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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 17785 17935 18115 18245 18395 Rangebound
NIFTY 5350 5390 5440 5480 5530 Rangebound

TECHNICAL VIEW: Well Nifty again continued upward movement but quiet trading session on Tuesday and may
continue in coming days however some profit booking may arise near 5500 level. The moving averages indicate
positive signal as the price line hovering above all the three 20, 50 and 200 DSMA moving averages however
oscillators MACD, RSI and STOCHASTICS generate again mixed signals .So traders and investors have to be very
cautious in taking their position at this level, every correction should be considered as a buying opportunity.

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


BANK NIFTY 9150 9300 10454 10600 10750 Rangebound
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Morning Notes
INTRA DAY TECHNICAL RECOMMENDATIONS

Scrip CMP Buy Near Stop Loss Target 1 Target 2 Trend


MADHAV 34.8 34 33 35 36 Rangebound

Scrip CMP Buy Near Stop Loss Target 1 Target 2 Trend


LPDC 5.65 5.5 5.3 5.7 5.9 Rangebound

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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
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Morning Notes
INTRA DAY TECHNICAL RECOMMENDATIONS

Scrip CMP Buy Near Stop Loss Target 1 Target 2 Trend


PTL 36.95 36 35 37 38 Rangebound

Scrip CMP Sell Near Stop Loss Target 1 Target 2 Trend


TCI FINANCE 45.75 46 47 45 44 Rangebound
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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
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Morning Notes

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Note: Please refer our Derivative Report for recommendation on OPTION STRATEGIES.

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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
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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
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