Technical Report
Date : 03/03/2011
Market Summary
Indices
Top 5 Gainers
Top 5 Losers
Sectoral Watch
Nifty
Sensex
Stocks
% Gain
Stocks
% Loss
Sector
% G / L
Open
5382
17982
M&M
8.81
AUTO
5.64
High
5533
18479
JPASSOCIAT
7.97
BANKEX
4.35
Low
5374
17964
SUZLON
7.18
REALTY
4.20
Close
5522
18447
MARUTI
7.10
CG
4.19
% Chg
3.54
3.50
AXISBANK
6.52
METAL
4.13
Source : Falcon
SENSEX DLY CHART
Market opened higher and momentum on the upside intensified as the day progressed which lead the indices to
close near day high. On the daily chart, we are observing that the momentum indicators are positively poised
which indicates further upside momentum. In coming trading session, if indices trade convincingly above 18479 /
5533 levels then they are likely to test 18690 / 5600 levels and the 200 day SMA of 18800 / 5626 levels. On the
downside, 18200 - 18100 / 5450 - 5422 levels may act as support for the day.
Stocks +ve Bias
Stocks -ve Bias
BHARTIARTL
YES BANK
The stocks mentioned above are given considering the general direction of the trend expected over a period of 2 or
3 days. Investors / Traders are expected to use their own discretion while taking any action related to the stock.
For Private Circulation Only.
Technical Report
RESEARCH TEAM
Shardul Kulkarni
Head - Technicals
Mileen Vasudeo
Technical Analyst
Sameet Chavan
Technical Analyst
Sacchitanand Uttekar
Technical Analyst
Mehul Kothari
Technical Analyst
Research Team: 022-3952 6600
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