Technical Report
Date : 26/11/2010
Market Summary
Indices
Top 5 Gainers
Top 5 Losers
Sectoral Watch
Nifty
Sensex
Stocks
% Gain
Stocks
% Loss
Sector
% G / L
Open
5884
19560
TCS
2.14
SUZLON
7.74
REALTY
(5.40)
High
5907
19628
INFOSYSTCH
1.79
RPOWER
5.95
CG
(2.88)
Low
5780
19257
HDFC
1.63
JPASSOCIAT
5.94
PSU
(2.65)
Close
5800
19318
BAJAJ-AUTO
1.36
PNB
5.89
METAL
(2.43)
% Chg
(0.73)
(1.13)
HEROHOND
1.33
RCOM
5.12
POWER
(1.87)
Source : Falcon
SENSEX DLY CHART
Markets opened on a positive note in the wake of positive global cues but were unable to sustain the gains which
dragged the indices to close in red. On the daily charts the prices have breached the upward sloping trendline.
Hence in coming trading session, if indices trade convincingly below the 19257 / 5780, then they may test lower
levels of 19170 - 19000 / 5750 - 5700. On the upside, 19500 - 19628 / 5880 - 5900 levels may act as resistance
for the day.
Stocks +ve Bias
Stocks -ve Bias
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
Research Team: 022-3952 6600
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