Market Outlook by Mansukh Investment & Trading Solutions 10/08/2010

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Morning Notes 10 AUG,10

MARKET INSIGHTS: On Monday Aug 09, 2010,The key benchmark indices surged to 2-
DATA MATRIX OF LAST SESSION
1/2-year highs at the fag end of the trading session soon after reports filtered in that the
INDEX Close Pts. Chg Chg government has exempted listed state-run firms from a rule that mandates a minimum 25%
Sensex 18288 144 0.79% public shareholding. A further improvement in southwest monsoon rains, sustained buying
Nifty 5486 47 0.86% by foreign funds and firm global stocks, underpinned sentiments. Banking, realty, metal
Midcap 7622 88 1.17% and consumer durables stocks were in demand. But, index heavyweight Reliance Industries
edged lower. The market breadth was strong. The BSE 30-share Sensex climbed at 18287.50
Smallcap 9720 136 1.42%
up 143.51 points or 0.79%, while broader market NSE 50-share index Nifty mounted at
5486.15 up 46.90 points or 0.86%.
VALUE TRADED (Rs Crs) Chg
BSE 4921 2.18% Most Asian stocks rose on Monday, 9 August 2010, on growing speculation the Federal
NSE 12787 0.44% Reserve will have to buy bonds sooner rather than later to bolster the sagging economy,
which is keeping the US dollar under pressure. The key benchmark indices in China,
F&O Total 59054 -2.32%
Taiwan, Indonesia, Hong Kong, South Korea were up by between 0.36% to 0.89%. But,
Japan's Nikkei Average fell 0.72%. Singapore markets were shut for a holiday.
NET INFLOWS (Rs Crs) Chg
FIIs 522.0 -22% European shares surged on Monday, 9 August 2010, with miners gaining on the back of
firmer metal prices. Growing speculation the US Federal Reserve will have to buy
DIIs 45.5 -113%
bonds soon to bolster the sagging economy also lent support. The key benchmark
indices in UK, France and Germany were up by 1.32% to 1.53%. The Federal Statistical
FII OPEN INTEREST (Crs) Chg Office said Monday that Germany exported goods and services worth euro 86.5 billion
FII Index Futures 16688 3.90% ($115 billion) in June 2010 up 28.5% compared with June 2009 and the highest level since
FII Index Options 53900 1.49% October 2008.
FII Stock Futures 35645 2.44%
FII Stock Options 1261 9.25% NEWS ROOM: The finance ministry is reportedly redrafting the Constitution Amendment
Bill for rolling out Goods and Services Tax (GST) from next fiscal after states objected to the
proposed veto power of the Union finance minister on state taxation issues. The proposed
World Indices Chg
rollout of the GST from the next fiscal received a setback after states rejected the draft
Dow Jones 10699 0.42% Constitution Amendment Bill in its present form, as it seeks to provide veto powers to the
Nasdaq 2306 0.79% Centre over indirect taxation matters pertaining to the states.
FTSE 100 5411 1.48%
The government on Monday said state-run listed firms would be exempted from a rule
Commodity Chg that mandates a minimum 25 percent shareholding be floated on stock exchanges.

Crude Oil (US$/bl) 80.5 0.61% The combined net profit of a total of 2282 Indian companies fell 8.6% to Rs 58,789 crore
Gold (US$/oz) 1202 -0.33% on 20.6% rise in sales to Rs 7,21,721 crore in Q1 June 2010 over Q1 June 2009.

INDEX TOP MOVERS


SCRIPS Open High Low Close Prev Close % Change Volume
UNITECH 85 90.9 84.9 90.55 85 6.53 44844414
AMBUJACEM 114.45 120.8 113.8 120.65 114.95 4.96 1184076
DLF 305 321.4 305 321 307.7 4.32 7416130
ICICIBANK 949 982 949 977 949.8 2.86 4733829
TATAMOTORS 898.7 921.75 895 919 893.7 2.83 4247338

INDEX TOP SHAKERS


SCRIPS Open High Low Close Prev Close % Change Volume
RELCAPITAL 783.9 789.9 765 769.5 782.65 -1.68 1641142
CAIRN 343.6 345 338.4 339 342.95 -1.15 1226188
SIEMENS 705 709.35 698.1 698.1 704.45 -0.9 190319
CIPLA 322.8 324.9 318.35 319.1 321.5 -0.75 663602
ABB 803.2 815.3 795.15 795.35 801.2 -0.73 185867

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 17990 18130 18288 18430 18580 Rangebound
NIFTY 5430 5450 5486 5520 5560 Rangebound

TECHNICAL VIEW: Quite a bullish scenario we gone through yesterday. Opened on a relatively flat note with positive
bias domestic indices once again shown nervousness around 5500 ended up on a positive note. The moving averages indicate
still positive signal as the price line hovering above all the three 20, 50 and 200 DSMA moving averages however oscillators
MACD, RSI and STOCHASTIC generate again mixed signals . As long as 5350 intact on closing basis traders and investors are
advise to maintain cautiously optimistic approach and use ‘Buy on Dip ‘ strategy for the upcoming sessions. HAPPY
TRADING....

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


BANK NIFTY 10200 10350 10500 10650 10800 Rangebound
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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


POLY PLEX 377.68 370 360 380 390 Rangebound

Scrip CMP Buy Near Stop Loss Target 1 Target 2 Trend


PAREKHPLAT 6.75 6.7 6.55 6.9 7.05 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


KOHINOOR 57.25 56 55 58 59 Rangebound

Scrip CMP Sell Near Stop Loss Target 1 Target 2 Trend


KALYANI FRG 222 230 235 220 210 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

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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
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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

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