Morning Notes 27 July 2010

MARKET INSIGHTS: On Monday July 26, 2010, the key benchmark indices extended losses
DATA MATRIX OF LAST SESSION
in late trade to hit fresh intraday lows as European stocks moved off highs as US index
INDEX Close Pts. Chg Chg futures fell. The BSE Sensex managed to close above the psychological 18k mark at 18020.05
Sensex 18020 -110 -0.61% losing 110.93 points or 0.61% after falling below that mark for a brief period in late trade. The
Nifty 5419 -30 -0.55% NSE 50-share Nifty ended at 5418.60 down 30.50 points or 0.56%. Interest rate sensitive realty
Midcap 7362 -71 -0.96% and banking stocks fell ahead of the central bank's policy review. India's largest car maker by
sales Maruti Suzuki slumped close to 13% on disappointing Q1 results. Other auto stocks
Smallcap 9363 -76 -0.81%
also fell. Capital goods and metal stocks also edged lower. Closer home, caution prevailed
ahead of the central bank's quarterly policy review on Tuesday, 27 July 2010 and as investors
VALUE TRADED (Rs Crs) Chg awaited key first quarter results. The first quarter results of Larsen & Toubro (L&T), Reliance
BSE 3722 -24.18% Industries (RIL) and Hindustan Unilever (HUL) are due on Tuesday 27 July 2010. . Volatility
NSE 11856 -18.82% may rise this week as traders rollover positions in the derivatives segment from July 2010
F&O Total 96916 -7.42% series to the August 2010 series ahead of the expiry of the near-month July 2010 contracts on
Thursday, 29 July 2010.
NET INFLOWS (Rs Crs) Chg European shares turned negative on Monday morning, with GlaxoSmithKline falling
FIIs 196.3 -72% on reports it is interested in buying Genzyme. The key benchmark indices in UK, France
DIIs -718.9 612% and Germany were down by 0.05% to 0.32%.
Asian stocks rose on Monday, 26 July 2010, as most European banks passed stress tests,
FII OPEN INTEREST (Crs) Chg boosting optimism over the health of the global economy. The key benchmark indices in
FII Index Futures 16426 -7.06% China, Hong Kong, Japan, South Korea, and Taiwan were up by between 0.12% to
0.77%. But, the key benchmark indices in Indonesia and Singapore were down by
FII Index Options 61203 2.70%
between 0.22% to 0.6%. South Korea's economy grew 1.5% during the second quarter, the
FII Stock Futures 35160 -0.32%
nation's central bank said Monday. The rise in real gross domestic product beat the Bank
FII Stock Options 1658 2.20% of Korea's own forecast for 1.2% growth. Japan's exports rose for the seventh straight month
in June 2010. Exports climbed 27.7% from a year earlier to 5.87 trillion yen ($67.2 billion),
World Indices Chg the Finance Ministry said Monday.
Dow Jones 10525 0.97% NEWS ROOM: On Tuesday 27 July 2010 at its quarterly monetary policy review the RBI is
Nasdaq 2296 1.19% also expected to provide an outline on new banking licenses. Finance Minister Pranab
FTSE 100 5351 0.73% Mukherjee had announced in this year's budget that the central bank would consider issuing
fresh banking licenses to business houses and also to non-banking finance companies
Commodity Chg (NBFCs). The Prime Minister's Economic Advisory Panel on Friday, 23 July 2010, forecast
Crude Oil (US$/bl) 77.4 0.53% 8.5% growth in GDP in the fiscal year that ends in March 2011 (FY 2011). It expects 4.5%
growth in farm output in FY 2011. The headline inflation will be at 6.5% by March 2011, the
Gold (US$/oz) 1183.7 -0.45%
panel said in a report. The report also said net capital inflows would be $73 billion.

INDEX TOP MOVERS

SCRIPS Open High Low Close Prev Close % Change Volume
BHARTIARTL 314 321.85 309.65 321.45 313.8 2.44 9377762
CAIRN 328.5 333.85 328.05 331.35 326.45 1.5 2760864
AMBUJACEM 115.95 117.1 114.5 116.35 115 1.17 2407058
TCS 842.4 851.6 840.4 849 839.3 1.16 1383245
SUNPHARMA 1757 1764 1740 1760 1740.5 1.12 64575

INDEX TOP SHAKERS

SCRIPS Open High Low Close Prev Close % Change Volume
MARUTI 1302.3 1317.5 1126.85 1190 1358.2 -12.38 6485230
HEROHONDA 1965 1965 1794 1807 1950.65 -7.36 1308174
JPASSOCIAT 129.15 129.8 120.85 121.3 128.7 -5.75 17625725
SBIN 2498 2502.35 2402.1 2403 2496.8 -3.76 1578073
DLF 324.95 325.4 312.5 312.95 322.5 -2.96 4508390

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 17710 17860 18020 18170 18330 Rangebound
NIFTY 5330 5365 5418 5455 5480 Rangebound

TECHNICAL VIEW: Nifty has got resistance around 5480 level and can not manage to close above this level.
Therefore traders are advised to book profits near 5480-5500 and wait for a decent correction to re-enter. On the flip
side we still maintain our previous approach of 5360 as intra day support for any down swing. Any drift below this
level may dampens the current Euphoria however 5225 could be the next comfort level where we might see some
bounce back. HAPPY TRADING....

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

BANK NIFTY 9610 9855 10006 10145 10250 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

NISSAN 39.75 38.5 37 40 41 Rangebound

Scrip CMP Buy Near Stop Loss Target 1 Target 2 Trend

WEIZMAN IND 68.4 68 67 70 71 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

GTN IND 24.7 24.5 24 25 25.5 Rangebound

Scrip CMP Sell Near Stop Loss Target 1 Target 2 Trend

ASHAPURA MINES 59.2 62 64 59 57 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
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