Technical Report
Date : 24/03/2011
Market Summary
Indices
Top 5 Gainers
Top 5 Losers
Sectoral Watch
Nifty
Sensex
Stocks
% Gain
Stocks
% Loss
Sector
% G / L
Open
5411
17972
CIPLA
4.92
M&M
1.39
REALTY
1.92
High
5485
18218
SESAGOA
4.50
JINDALSTEL
0.86
BANKEX
1.85
Low
5402
17950
ICICIBANK
3.72
TCS
0.52
HC
1.51
Close
5480
18206
JPASSOCIAT
3.66
SIEMENS
0.30
METAL
1.33
% Chg
1.23
1.21
DLF
3.29
BAJAJ-AUTO
0.15
OIL&GAS
1.17
Source : Falcon
SENSEX DLY CHART
Market opened on a flat note but gradually picked up momentum on the upside which led the indices to close in
green. On the daily chart prices have convincingly closed above the 20-day EMA and suggest further up move. In
coming trading session if indices trade above 18260 / 5500 levels then they are likely to test 18546 - 18736 /
5550 - 5608 levels. On the downside, 18058 - 17958 / 5450 - 5400 levels are support for the day.
Stocks +ve Bias
Stocks -ve Bias
LT
VOLTAS
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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