Morning Notes 09.04.

2010

DATA MATRIX of 08.04.2010 MARKET INSIGHTS: On Thursday April 08, 2010, The key benchmark indices
slumped as weak global stocks and worries about the economic health of Greece triggered
INDEX Close Chg Chg%
profit taking after recent sharp surge in share prices. A spike in food price inflation also
Sensex 17714 -256 -1.42% rekindled fears of a hike in key policy rates when the Reserve Bank of India reviews its
Nifty 5304 -71 -1.32% monetary policy on 20 April 2010. The market breadth, indicating the overall health of the
Midcap 7021 -29 -0.41% market turned weak in contrast to a strong breadth earlier in the day. The BSE 30-share
Smallcap 8950 -34 -0.38% Sensex was provisionally down 286.57 points or 1.59%. The market extended early losses to
hit fresh intraday lows in morning trade tracking weak Asian stocks. It weakened once again
after paring losses in mid-morning trade. The market tumbled to a fresh intraday low in
VALUE TRADED (Rs Crs) Chg% afternoon trade after the inflation data was released in early afternoon trade. The market
BSE 4809 -18.37% extended losses in mid-afternoon trade. The market hit a fresh intraday low in late trade.
NSE 14268 -9.69%
F&O Total 75545 19.59% !Metal stocks fell as metal prices fell on the London Metal Exchange. Steel Authority of
India fell more than 7% after the cabinet approved a 20% stake sale in state-run firm in two
tranches. Rate sensitive auto and banking stocks also fell. Index heavyweight Reliance
NET INFLOWS (Rs Crs) Chg% Industries (RIL) slumped more than 2%. Capital goods stocks also declined.
FIIs 62 -81.70%
DIIs -94 301.20% !The BSE 30-share Sensex was down 286.57 points or 1.59% to 17,683.45 as per provisional
figures. The index fell 9.11 points at the day's high of 17960.91 in early trade. The Sensex lost
290.68 points at the day's low of 17,679.34 in late trade. The S&P CNX Nifty was down 82.35
FII OPEN INTEREST (Crs) Chg% points or 1.53% to 5292.30 as per provisional figures. The BSE Mid-Cap index fell 0.47% and
FII Index Futures 13419 -3.75% the BSE Small-Cap index fell 0.37%.
FII Index Options 36903 3.50%
!The market breadth, indicating the overall health of the market, turned weak in contrast
FII Stock Futures 29063 -0.39% to a strong breadth earlier in the day. On BSE, 1169 shares advanced as compared with 1697
FII Stock Options 653 22.35% that declined. A total of 38 shares remained unchanged.

!Asian stocks fell for the first time in six days on Thursday after Japanese machinery
World Indices Chg % orders unexpectedly dropped and US consumer credit slumped more than economists'
Dow Jones 10927 0.27% forecast. The key benchmark indices in China, Hong Kong, Singapore, Taiwan, Indonesia,
Nasdaq 2437 0.24% and Japan fell by 0.28% to 1.65%. South Korea's Seoul Composite rose 0.42%.
FTSE 100 5713 -0.85% NEWS ROOM: Greece's fiscal health continued to weigh on sentiment as the country's
Commodity Chg % financing costs continue to soar, raising fears of a default. The European Central Bank will
flesh out on Thursday a revamp of its lending rules to help ease the financial squeeze on
Crude Oil (US$/bl) 86.0 0.02%
Greece, while keeping euro zone interest rates at a record low of 1%.
Gold (US$/oz) 1151 0.31%

INDEX TOP MOVERS

SCRIPS Open High Low Close Prev Close % Change Volume
IDEA 67.25 68.5 66.35 68.25 67.1 1.71 8136143
BPCL 508.5 513.45 502 508 505.4 0.51 623934
INFOSYSTCH 2640 2677.9 2630 2657.2 2643.75 0.51 903498
DLF 345 345 327.05 332.5 331.6 0.27 8584752
WIPRO 715 724.9 710 715.4 714.75 0.09 627844

INDEX TOP SHAKERS

SCRIPS Open High Low Close Prev Close % Change Volume
SAIL 256 256.8 235.25 237 255.15 -7.11 16162500
HINDALCO 184.7 185 175.65 176 184.6 -4.66 7047391
HDFC 2813 2813 2715 2720 2806.55 -3.08 482162
ICICIBANK 982.2 988 957.7 959.8 987.35 -2.79 4261707
TATASTEEL 680 739 668.2 669.5 685.65 -2.36 3890652

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Morning Notes

MARKET OUTLOOK- CAUTIOUSLY OPTIMISTIC

Market Levels for 09th APR 2010

Index Support 2 Support 1 Previous Close Resistance 1 Resistance 2 Trend
SENSEX 17470 17650 17714 17960 18300 Rangebound
NIFTY 5225 5270 5304 5355 5395 Rangebound
TECHNICAL VIEW: Well as expected selling pressure on higher levels once again contaminated the current euphoria as
spot index posted more than 1% loss in yesterday’s session. Opened on a relatively week note domestic indices continued to
remain resistant above 5370-5380 levels though week global cues also boosted this sentiment. On technical grounds we
haven’t witnessed any correction from the lows of 4675 to 5399. Other tech nical indicators i.e MACD and RSI also displays
over bought conditions in short term. Therefore we might see some more retracement in upcoming days though we believe
5170 should provide some materialistic cushions on lower levels. Any drift below these levels may further dampens the
traders sentiment however possibility of consolidation can’t be rule out. For today’s session we expect moderate scenario
with maximum probability of range bound trading between 5250-5350. HAPPY TRADING....

Index Support 2 Support 1 Previous Close Resistance 1 Resistance 2 Trend

BANK NIFTY 9220 9355 9506 9680 9830 Rangebound

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Office: 306, Pratap Bhavan, 5, Bahadur Shah Zafar Marg, New Delhi-110002 PMS Regn No. INP000002387
Phone: 011-30123450/1/3/5 Fax: 011-30117710 Email: research@moneysukh.com
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 TECHNICAL RECOMMENDATIONS

Scrip CMP Buy Near Stop Loss Target 1 Target 2 Trend

GEMINI COM 31.85 31.5 31 32.5 33 Rangebound

Scrip CMP Buy Near Stop Loss Target 1 Target 2 Trend

CHEM F ALK 57.45 57 56 59 60 Rangebound
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Mansukh Securities and Finance Ltd SEBI Regn No. BSE: INB010985834 / NSE: INB230781431
Office: 306, Pratap Bhavan, 5, Bahadur Shah Zafar Marg, New Delhi-110002 PMS Regn No. INP000002387
Phone: 011-30123450/1/3/5 Fax: 011-30117710 Email: research@moneysukh.com
Website: www.moneysukh.com
 TECHNICAL RECOMMENDATIONS

Scrip CMP Sell Near Stop Loss Target 1 Target 2 Trend

UMESL 63.05 67 70 62 58 Rangebound

Scrip CMP Sell Near Stop Loss Target 1 Target 2 Trend

MAHA SCOOTERS 400 415 430 380 360 Rangebound
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Office: 306, Pratap Bhavan, 5, Bahadur Shah Zafar Marg, New Delhi-110002 PMS Regn No. INP000002387
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Morning Notes

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Office: 306, Pratap Bhavan, 5, Bahadur Shah Zafar Marg, New Delhi-110002 PMS Regn No. INP000002387
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