Technical Report
Date : 10/11/2010
Market Summary
Indices
Top 5 Gainers
Top 5 Losers
Sectoral Watch
Nifty
Sensex
Stocks
% Gain
Stocks
% Loss
Sector
% G / L
Open
6281
20852
POWERGRID
4.98
SBIN
4.33
FMCG
2.52
High
6311
20984
HINDUNILVR
3.98
IDFC
3.44
REALTY
1.48
Low
6244
20763
SAIL
3.37
MARUTI
0.91
TECK
1.11
Close
6302
20932
TCS
2.83
ONGC
0.79
IT
1.08
% Chg
0.45
0.38
HDFCBANK
2.72
RELINFRA
0.76
METAL
0.79
Source : Falcon
SENSEX DLY CHART
Markets opened flat to positive and traded with choppiness to finally close in green. On the daily chart we are
witnessing a narrow range body formation which reflects indecisiveness prevailing at current levels. Hence, in
coming trading session if indices trade convincingly above 20984 / 6311 levels then they are likely to test 21109 /
6339 or even extend their gains to test the all-time high of 21207 / 6357 levels .On the downside, 20770 - 20610
/ 6250 - 6200 levels may act as support for the day
Stocks +ve Bias
Stocks -ve Bias
HDFC BANK
LIC HSG FIN
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
Brijesh Ail
Technical Analyst
Mileen Vasudeo
Technical Analyst
Research Team: 022-3952 6600
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