Stock Trading Report by Mansukh Investment & Trading Solutions 17/06/2010

You might also like

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

Morning Notes 17.06.

2010

DATA MATRIX OF LAST SESSION MARKET INSIGHTS: Key benchmark indices pared gains in late trade as select
index pivotals declined on profit booking. Volatility was high. Global cues were
INDEX Close Chg Chg
positive with rally in US stocks overnight helping Asian and European markets
Sensex 17441 28 0.16% log on gains. Higher advance tax payment by most Indian firms supported
Nifty 5228 6 0.11% domestic bourses. The barometer index BSE Sensex was provisionally up 28.40
Midcap 6975 1 0.01% points or 0.16%, off 89.15 points from the day's high and up 33.93 points from the
Smallcap 8834 10 0.11% day's low. Market breadth, though positive, was not as strong as it was in opening
trade. IT stocks rose on higher advance tax payment by IT giants Infosys and TCS.
Auto stocks gained as Q1 June 2010 advance tax payments from frontline auto
VALUE TRADED (Rs Crs) Chg
companies surged. Tractor major Mahindra & Mahindra struck fresh record high.
BSE 4822 -4.55% Metal stocks gained on firm prices on the London Metal Exchange on Tuesday, 15
NSE 14394 0.61% June 2010. Housing finance major HDFC hit 52-week high.
F&O Total 93203 -9.24%
The BSE 30-share Sensex was up 28.40 points or 0.16% to 17,441.23 as per
provisional closing. The index advanced 117.55 points at the day's high of
NET INFLOWS (Rs Crs) Chg
17,530.38 at the onset of the trading session, its highest level since 3 May 2010. The
FIIs 783.9 33%
Sensex lost 5.53 points at the day's low of 17,407.30 in afternoon trade. The S&P
DIIs -170.8 -51% CNX Nifty was up 5.80 points or 0.11% to 5,228.15 as per provisional closing. Nifty
struck a day's high of 5,255.65 in early trade, its highest level since 3 May 2010
FII OPEN INTEREST (Crs) Chg European market extended gain for the six day on Wednesday, tracking
FII Index Futures 14206 -0.39% overnight rally on Wall Street. The key benchmark indices in UK, France and
FII Index Options 51366 0.24% Germany rose by 0.12% to 0.27%. Asian stocks extended recent gains as a report
FII Stock Futures 29635 2.41% showing growth in New York manufacturing boosted confidence that a recovery
FII Stock Options 1443 1.61% in world's biggest economy will increase corporate earnings. The key benchmark
indices in Indonesia, Japan, South Korea, and Singapore were up by between
World Indices Chg 0.74% to 1.81%. Markets in China, Hong Kong and Taiwan were closed for the
Dow Jones 10409 0.05% Dragon Boat Festival holiday.
Nasdaq 2306 0.04% NEWS ROOM: The government after market hours on Tuesday, 15 June 2010
FTSE 100 5238 0.40% proposed to impose capital gains tax on all stock market transactions by Indians
and overseas funds as a part of changes in tax laws. As per the second draft of the
Commodity Chg
direct tax code (DTC) released on Tuesday, the securities transaction tax (STT) will
Crude Oil (US$/bl) 77.0 -0.06% stay and rates will be calibrated. In its first draft DTC unveiled last year, the
Gold (US$/oz) 1235.5 0.04% government had proposed to scrap the securities transaction tax.

INDEX TOP MOVERS


SCRIPS Open High Low Close Prev Close % Change Volume
M&M 611 635.95 610.5 635.2 608.15 4.45 3311088
TATAMOTORS 765 788 765 778.4 759.7 2.46 5147195
RELCAPITAL 745.05 770 731.65 754.15 737.85 2.21 6705957
STER 682 701 678.05 690.1 675.85 2.11 5238955
HDFC 2861.55 2924.4 2860.3 2911 2859.05 1.82 1194612

INDEX TOP SHAKERS


SCRIPS Open High Low Close Prev Close % Change Volume
SAIL 202.7 203.9 197.1 197.25 201.4 -2.06 3320943
AXISBANK 1250 1250 1215.1 1219.9 1245.25 -2.04 1356425
RPOWER 179 180.3 173.5 173.95 177.5 -2 12654394
ACC 885 885 860 863.5 879.9 -1.86 454230
IDFC 165 166.1 161.25 162.2 165.25 -1.85 5820044

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 17010 17245 17441 17580 17660 Rangebound
NIFTY 5130 5175 5228 5275 5330 Rangebound

TECHNICAL VIEW: For todays session we expect domestic indices may continue its previous momentum however next
level of ress should be near 5270-5280 level. Hence traders are advised to go short around this level with strict stop loss of 5330.
Last session was the mixed one as domestic indices remain consolidated around 5240 and posted marginal gains on closing
basis. Though rising inflation may be a cause of concern in near term we believe global cues still be the deciding factor in the
upcoming sessions as Euro region seems to bottoming out at current juncture. Hence any sustainable recovery would leap our domestic
indices to above 5300 where we might see some sort of consolidation. On the flip side any drift below 4930 level may generate some
panic however next level of support should be around 4860 level. HAPPY TRADING.....

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


BANK NIFTY 9130 9365 9520 9680 9770 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


SUVEN 29.85 29 28 31 32 Rangebound

Scrip CMP Buy Near Stop Loss Target 1 Target 2 Trend


VISHAL REATAIL 58.95 58 57 61 62 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


LOKESH MACH 50.25 50 49 52 53 Rangebound

Scrip CMP Sell Near Stop Loss Target 1 Target 2 Trend


WINDSOR 72.25 74 76 72 70 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