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Real life predictability is not so rewarding...

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MORNING NOTE 17 SEP, 2010


MARKET INSIGHTS: On Thursday Sep 16 2010, The key benchmark indices edged lower as
DATA MATRIX OF LAST SESSION profit taking emerged after a recent solid surge. The market today, 16 September 2010,
INDEX Close Chg Chg snapped a seven day winning streak. Weak European stocks and US index futures
Sensex 19417 -85 -0.44% weighed on investor sentiment. Intraday volatility was very high. The BSE 30-share
Sensex was provisionally down 66.92 points or 0.34% to 19,435.19, off 201.47 points from
Nifty 5829 -32 -0.55%
the day's high and up 51.73 points from the day's low. The market breadth was weak.
Midcap 7990 -78 -0.97% Banking and realty shares rose after the Reserve Bank of India (RBI) signaled that it may
Smallcap 10144 -42 -0.41% be nearing a pause in its current tightening cycle. Metal stocks declined after metal prices
declined on the London Metal Exchange on Wednesday, 15 September 2010. IT stocks
VALUE TRADED (Rs Crs) Chg slipped on worries about a slow global economic recovery. The market surged to a fresh
32-month high in afternoon trade after the Reserve Bank of India (RBI), at a mid-term
BSE 5264 -0.47%
policy review, signaled that it may be nearing a pause in its current tightening cycle. The
NSE 16362 -5.00% market came off the higher level later. The market hit a fresh intraday low in late trade.
F&O Total 147775 8.64% The Sensex came off the lower level later.
As per provisional figures, the BSE 30-share Sensex was down 66.92 points or 0.34% to
NET INFLOWS (Rs Crs) Chg 19,435.19. The Sensex rose 134.55 points at the day's high of 19,636.66 in afternoon
trade, its highest level since 18 January 2008. The index fell 118.65 points at the day's
FIIs 1120.0 -49%
low of 19,383.46 in late trade. The S&P CNX Nifty was down 29.65 points or 0.51% to
DIIs -1105.0 -221% 5,831.30. Nifty struck a high of 5,901.65 in afternoon trade, its highest level since 18
January 2008.
FII OPEN INTEREST (Crs) Chg European stocks declined after a report showed UK retail sales unexpectedly fell in
FII Index Futures 22973 6.09% August 2010, the first decline since January 2010. The key benchmark indices in
France, UK and Germany were down by 0.13% to 0.21%. Asian stocks fell on Thursday
FII Index Options 81628 0.96% as resource sector stocks declined in the wake of lower commodity prices. The key
FII Stock Futures 39499 -0.61% benchmark indices in Indonesia, Hong Kong, South Korea, Taiwan and China were
FII Stock Options 1578 1.78% down by 0.13% to 1.89%. But, Singapore's Straits Times rose 0.10%.

NEWS ROOM: Buoyed by earnings growth in banks, financial services and


World Indices Chg manufacturing firms, Corporate India has paid 15% higher advance tax in the June-
Dow Jones 10595 0.21% September 2010 quarter over the year-ago period.
Nasdaq 2303 0.09% The government's indirect tax collections grew 45% to Rs 27,947 crore in August 2010
FTSE 100 5540 -0.27% over August 2009. For the first five months from April 2010 to August 2010 of the
current fiscal, the centre's indirect tax collections grew nearly 46% to Rs 1,24,170 crore
Commodity Chg over the previous year. The centre has targeted indirect tax collections of Rs 3.15 lakh
crore for the fiscal year ending March 2011
Crude Oil (US$/bl) 78.9 -0.11%
Gold (US$/oz) 1,277.30 0.65%

INDEX TOP MOVERS


SCRIPS Open High Low Close Prev Close % Change Volume
SUZLON 51.95 53.8 51.6 53.15 51.65 2.9 35690966
DLF 340 356.5 334.25 350.95 341.15 2.87 12253862
MARUTI 1360 1405.4 1358.9 1397.9 1368.65 2.14 1238076
SUNPHARMA 1815 1849 1776 1840 1805.9 1.89 343526
ABB 805 829.75 803.25 815.35 801.5 1.73 301569

INDEX TOP SHAKERS


SCRIPS Open High Low Close Prev Close % Change Volume
INFOSYSTCH 3032.05 3032.05 2958.25 2961.9 3052.85 -2.98 886123
STER 174.5 174.8 169.4 169.8 174.55 -2.72 4779753
RCOM 162.95 163.5 157.6 158.25 162.2 -2.44 4471295
JPASSOCIAT 125.55 125.55 121.7 121.95 124.95 -2.4 6501062
TCS 908 913.45 864.5 895 914.8 -2.16 1167132
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
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MARKET OUTLOOK- CAUTIOUSLY OPTIMISTIC

TODAY'S MARKET LEVELS


Index Support 2 Support 1 Previous Close Resistance 1 Resistance 2 Trend
SENSEX 18880 19215 19417 19705 19990 Rangebound
NIFTY 5740 5785 5829 5895 5945 Rangebound
TECHNICAL VIEW: Well quite a choppy session we have gone through yesterday. Opened on a relatively flat note
domestic indices continues its positivism and reach above 5900 in afternoon trade though profit booking on higher levels drift
indices with marginal losses. For the upcoming sessions we believe spot index may continue its bullish tone however
possibility of profit booking can’t be rule out. Technically indicators also shown some over bought symptoms in the near term.
Hence traders are advised to book profits on such rallies and wait for a decent correction to re-enter. HAPPY TRADING....

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


BANK NIFTY 11525 11770 12030 12155 12345 Rangebound
Please refer to important disclosures at the end of this report For Private circulation Only For Our Clients Only

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Website: www.moneysukh.com
Morning Notes
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INTRA DAY TECHNICAL RECOMMENDATIONS

Scrip CMP Buy Near Stop Loss Target 1 Target 2 Trend


NITCO 61.8 61.5 60.9 62.5 63.5 Rangebound

Scrip CMP Sell Near Stop Loss Target 1 Target 2 Trend


HALONIX 124.85 127 129 123 121 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
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INTRA DAY TECHNICAL RECOMMENDATIONS

Scrip CMP Buy Near Stop Loss Target 1 Target 2 Trend


PERIA 163.4 162 160 165 167 Rangebound

Scrip CMP Buy Near Stop Loss Target 1 Target 2 Trend


RBN 109.5 109 108 111 113 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
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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

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