Technical Report
Date : 13/04/2011
Market Summary
Indices
Top 5 Gainers
Top 5 Losers
Sectoral Watch
Nifty
Sensex
Stocks
% Gain
Stocks
% Loss
Sector
% G / L
Open
5805
19383
SUNPHARMA
2.07
SIEMENS
5.48
REALTY
(2.52)
High
5830
19426
SESAGOA
1.72
IDFC
4.35
AUTO
(2.15)
Low
5778
19243
HCLTECH
1.47
DLF
3.59
CD
(1.89)
Close
5786
19263
ITC
0.68
JINDALSTEEL
3.33
OIL&GAS
(1.59)
% Chg
(0.96)
(0.97)
CIPLA
0.33
AXIS BANK
3.01
HC
0.05
Source : Falcon
NIFTY DLY CHART
Markets opened lower and traded with negative bias throughout the day to close in red. On the daily chart, we are
observing that prices are moving closer to the 200-day SMA (19048 / 5700 levels) which is the immediate support
for the indices. In coming trading session if indices trade below 19245 / 5777 levels then they are likely to test
19150 - 19050 / 5750 - 5700 levels. On the upside, 19426 - 19540 / 5830 - 5875 levels may act as resistance
for the day.
Stocks +ve Bias
Stocks -ve Bias
BANK OF INDIA
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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