Technical Report
Date : 17/03/2011
Market Summary
Indices
Top 5 Gainers
Top 5 Losers
Sectoral Watch
Nifty
Sensex
Stocks
% Gain
Stocks
% Loss
Sector
% G / L
Open
5476
18264
RELINFRA
4.84
HINDUNILVR
1.33
REALTY
2.47
High
5535
18444
AMBUJACEM
4.27
HINDALCO
0.51
BANKEX
2.15
Low
5476
18264
SBIN
3.45
HEROHONDA
0.51
CD
1.90
Close
5511
18359
ICICIBANK
2.86
HDFC
0.47
PSU
1.47
% Chg
1.13
1.05
TCS
2.86
CIPLA
0.42
HC
1.42
Source : Falcon
SENSEX DLY CHART
Markets opened higher and traded with positive bias throughout the day to close in green. On the daily charts we
are observing that prices have managed to stay close above the 20-day EMA. The immediate resistance for the
indices is at 18464 / 5540 levels. In coming trading session any move above 18464 / 5540 would lead indices to
test 18642 - 18737 / 5580 - 5608 levels. On the downside, support levels are at 18224 - 18120 / 5473 - 5435.
Stocks +ve Bias
Stocks -ve Bias
CANARA 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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