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

Real life predictability is not so rewarding...

Predict the Sensex with


make more, for sure. MANSUKH & win daily cash prizes!

MORNING NOTE 30 SEP, 2010


MARKET INSIGHTS: On Wednesday Sep 29, 2010,The Indian markets witnessed a small
DATA MATRIX OF LAST SESSION
round of correction on Wednesday when their other regional peers shut shop in green and
INDEX Close Chg Chg some even garnering gains of about a percent. The start of the markets was positive, tracking
Sensex 19956 -149 -0.74% the late hour recovery in the US markets and good going in the other Asian markets. Initially,
Nifty 5991 -39 -0.65% Realty, Information Technology and Tech stocks showed the maximum strength and pulled
the benchmarks to their psychological level of 20100 (Sensex) and 6050 (Nifty), but the
Midcap 8104 -54 -0.66%
jubilation continued for the first half an hour of trade only and the indices then after started
Smallcap 10235 -49 -0.48% declining which got intensified in the last. . Though, the sentiment was still upbeat as the
markets remained in a range despite volatility supported by the relentless support from the
VALUE TRADED (Rs Crs) Chg foreign fund inflow. In the scrip specific movement Sterlite was one of the top losers after
BSE 4718 -2.64% Madras High Court ordered the immediate closure of a copper smelting plant belonging to the
company, while the IT major Infosys touched its 52 week high after the United States'
NSE 15532 157.62% Republican Senates successfully blocked the anti- outsourcing bill that would have denied tax
F&O Total 169252 13.00% breaks to US companies which move jobs overseas. The whole IT pack was jubilant with this
development and surged to be the top gaining sectoral index. The ADAG group companies
NET INFLOWS (Rs Crs) Chg were in somber mood despite, Commodity markets regulator FMC giving approval to the
Group to acquire 26 per cent stake in Indian Commodity Exchange (ICEX) from one of its
FIIs 756.0 32%
promoters, Indiabulls group. Finally the benchmarks closed near to their days low and while
DIIs -835.0 -8% IT and Auto managed a green close rest of the indices closed in red with Metal and FMCG
suffering the most.
FII OPEN INTEREST (Crs) Chg
FII Index Futures 21569 -2.08% The BSE Sensex declined 163.74 points or 0.81% to settle at 19,941.12 (Provisional) while
the S&P CNX Nifty dropped 44.90 points or 0.74% to end at 5,984.60 (provisionally). The
FII Index Options 88614 -1.48% BSE Sensex touched a high and a low of 20,234.05 and 19,923.11 respectively. The S&P
FII Stock Futures 42729 -0.18% CNX Nifty touched a high and a low of 6,071.55 and 5,979.65, respectively.
FII Stock Options 1555 -3.54%
All Asian equity indices barring Shanghai Composite finished in the positive terrain on
Wednesday, tracking positive cues from global indices. Hang Seng surged 268.72 points
World Indices Chg
or 1.22% to 22,378.67, Jakarta Composite jumped 22.76 points or 0.66% to 3,495.46, KLSE
Dow Jones 10835 -0.21% Composite was up by 2.14 points or 0.15% to 1,461.78, Nikkei 225 gained 63.62 points or
Nasdaq 2376 -0.17% 0.67% to 9,559.38, Straits Times advanced 8.68 points or 0.28% to 3,106.03, Seoul
Composite added 10.48 points or 0.56% to 1,866.45 and Taiwan Weighted increased 51.45
FTSE 100 5569 -0.16%
points or 0.63% to 8,240.89. On the flip side, Shanghai Composite was down by 0.68
points or 0.03% to 2,610.68 as property developers stocks in the country fell on concern
Commodity Chg over further policy tightening in the wake of upbeat manufacturing data.
Crude Oil (US$/bl) 81.00 2.31%
Gold (US$/oz) 1,309.00 -0.17%

INDEX TOP MOVERS


SCRIPS Open High Low Close Prev Close % Change Volume
TATAMOTORS 1080.85 1109.85 1080.55 1105.4 1080.5 2.3 4037658
POWERGRID 107.1 110.45 107.1 108.6 106.9 1.59 6572513
SUNPHARMA 1975 2015 1975 2000 1970.05 1.52 338635
AMBUJACEM 147 148.25 145.9 147.75 146 1.2 1404962
UNITECH 86.7 88.7 86.7 87.5 86.6 1.04 30533287
INDEX TOP SHAKERS
SCRIPS Open High Low Close Prev Close % Change Volume
STER 169.95 169.95 160.25 160.65 176.25 -8.85 33739362
ONGC 1467 1467 1416 1418 1458.05 -2.75 773577
ITC 178.5 180.3 173 173.65 178.4 -2.66 6696905
BHARTIARTL 375 376.7 362 363.7 373.25 -2.56 3152553
MARUTI 1452 1481.95 1425.2 1431 1468.1 -2.53 413917
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
make more, for sure.

MARKET OUTLOOK- CAUTIOUSLY OPTIMISTIC

TODAY'S MARKET LEVELS


Index Support 2 Support 1 Previous Close Resistance 1 Resistance 2 Trend
SENSEX 19745 19810 19956 20250 20410 Rangebound
NIFTY 5915 5955 5991 6045 6095 Rangebound
TECHNICAL VIEW: As expiry round the corner domestic indices shown some bouts of volatility during the last session as
spot index ended with marginal losses. For the upcoming sessions we believe quite a range bound scenario with crucial resistance at
around 6090-6095 though bias remains on bull side. Moreover technical indicators also suggest some over bought conditions in near
term. Hence any correction in near term near to 5800 should act as a materialistic support and it might be used as a decent opportunity to re-
enter.HAPPYRADING....

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


BANK NIFTY 11910 12130 12250 12520 12740 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
make more, for sure.
INTRA DAY TECHNICAL RECOMMENDATIONS

Scrip CMP Buy Near Stop Loss Target 1 Target 2 Trend


JAYNECO 39.3 39 38 40 41 Rangebound

Scrip CMP Buy Near Stop Loss Target 1 Target 2 Trend


EICHER MOTORS 1248 1230 1210 126 1285 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
make more, for sure.
INTRA DAY TECHNICAL RECOMMENDATIONS

Scrip CMP Buy Near Stop Loss Target 1 Target 2 Trend


TFL 43.85 43 42 44 45 Rangebound

Scrip CMP Sell Near Stop Loss Target 1 Target 2 Trend


HOVS 136.2 135 140 130 125 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
make more, for sure.

NAME DESIGNATION E-MAIL


Varun Gupta Head - Research varungupta@moneysukh.com
Pashupati Nath Jha Research Analyst pashupatinathjha@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