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Market Outlook by Mansukh Investment & Trading Solutions 10/08/2010
Market Outlook by Mansukh Investment & Trading Solutions 10/08/2010
Market Outlook by Mansukh Investment & Trading Solutions 10/08/2010
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.
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
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....
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
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
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Note: Please refer our Derivative Report for recommendation on OPTION STRATEGIES.
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Technical Trends calls are based on momentum, Investors/Traders are requested to observe following discipline to take maximum advantage of the
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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