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MORNING NOTE 05 OCT, 2010


MARKET INSIGHTS: On Monday Oct 04, 2010,The key benchmark indices gave up initial
DATA MATRIX OF LAST SESSION
strong gains as European stocks and US index futures edged lower. The BSE Sensex
INDEX Close Chg Chg managed to end in positive at 20475.73 up 30.69 points or 0.15%, and S&P CNX Nifty also
Sensex 20476 31 0.15% closed slightly above the flat line to 6159.45 up 16.05 points or 0.26%. Index heavyweight
Nifty 6159 16 0.25% Reliance Industries edged higher. But, another index heavyweight Larsen & Toubro and
Infosys fell. FMCG stocks declined. Auto and banking stocks were mixed. The market
Midcap 8270 56 0.69%
breadth turned negative, in contrast with a strong breadth in early trade. However, the
Smallcap 10438 34 0.33% market surged in early trade, tracking gains in Asian stocks but it market came off lower
level in early afternoon trade and market continued to move down and ended marginally
VALUE TRADED (Rs Crs) Chg up from previous days close. The BSE Mid-Cap index also rose 0.69% and the BSE Small-
BSE 5441 -9.01% Cap index rose 0.34%. Both these indices outperformed the Sensex.
NSE 17735 -2.42% European shares moved lower on Monday, 4 October 2010, with deal news again
F&O Total 111925 -5.34% grabbing the headlines as Sanofi-Aventis launched a hostile bid for Genzyme. The
key benchmark indices in UK, Germany and France declined by between 0.54% to
NET INFLOWS (Rs Crs) Chg 1.06%.
FIIs 1264.0 -31% Asian stock markets rose on Monday, 4 October 2010, a day ahead of central bank
DIIs -797.0 19% decisions in Japan and Australia. Wall Street's higher finish before the weekend also
bolstered sentiment. The key benchmark indices in Indonesia, Singapore, Taiwan,
FII OPEN INTEREST (Crs) Chg Hong Kong and South Korea rose by between 0.02% to 1.17%. The Chinese markets
were closed on account of holidays. Japan's Nikkei Average fell 0.25%, reversing
FII Index Futures 16072 0.82% initial gains.
FII Index Options 57324 3.33%
FII Stock Futures 40339 2.23% ECONOMY UPDATE: India's manufacturing sector continued to expand although at a
considerably slower pace than in preceding months, predominantly weighed down by a
FII Stock Options 610 23.97%
fall in new orders and output. The HSBC Markit Purchasing Managers' Index, based on a
survey of 500 companies, slid to 55.1 in September 2010, which marks the lowest reading
World Indices Chg since November last year, from 57.2 in the August 2010 survey. Though the key index for
Dow Jones 10751 -0.73% manufacturing in Asia's third largest economy has slipped, this was the 18th consecutive
month it has remained above the 50 mark that divides growth from contraction.
Nasdaq 2345 -1.10%
FTSE 100 5556 -0.66% On Monday 04 Oct 2010, Finance minister Pranab Mukherje told a television channel
that, there is no need to intervene in the forex markets or cap foreign portfolio inflows,
Commodity Chg which have pushed the rupee to more than five-and-half-month highs. He also said that
Crude Oil (US$/bl) 83.00 -0.84% "The Reserve Bank is monitoring it and I don't think just now there is any cause for
intervention". "As and when intervention is called for, the Reserve Bank will be there."
Gold (US$/oz) 1,315.00 -0.30% Asked if the time was not yet right to cap foreign inflows, Mukherjee said: "I think so."

INDEX TOP MOVERS


SCRIPS Open High Low Close Prev Close % Change Volume
SUZLON 54.75 58.65 54.75 58.05 54.4 6.71 51633231
SESAGOA 347.3 365.4 347.2 363 345.05 5.2 7681515
RANBAXY 570.25 601 568.3 597.65 568.3 5.16 1983191
RCOM 170.1 174.6 169.3 173 167.9 3.04 5978720
RELCAPITAL 807 824.9 803 822 800.4 2.7 2093276

INDEX TOP SHAKERS


SCRIPS Open High Low Close Prev Close % Change Volume
HEROHONDA 1848.2 1859 1795.2 1798 1848.2 -2.72 462131
STER 177 177 170.5 171.7 175.35 -2.08 11848618
ITC 180 181.8 174.9 175.25 178.65 -1.9 8643669
LT 2108 2119.9 2055.2 2064.25 2098.65 -1.64 970351
BHARTIARTL 366.95 368.7 356.15 360.3 365.1 -1.31 3978745

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Morning Notes
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MARKET OUTLOOK- CAUTIOUSLY OPTIMISTIC

TODAY'S MARKET LEVELS


Index Support 2 Support 1 Previous Close Resistance 1 Resistance 2 Trend
SENSEX 20160 20310 20476 20625 20775 Rangebound
NIFTY 6080 6130 6159 6190 6230 Rangebound
TECHNICAL VIEW:
On Monday, market opened and breached monthly resistance level but failed to hold, which lead to huge volatility in market thru out
the day.For the day, the level of 6150 and 6110 may act as a major support for the market and the level of 6220 and 6260 may act as a
major hurdle. Mostly all technical indicators are in an overbought zone with some showing negative divergence so one needs to
remain cautious. HAPPYRADING....

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


BANK NIFTY 12260 12450 12686 12890 13100 Rangebound
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Morning Notes
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INTRA DAY TECHNICAL RECOMMENDATIONS

Scrip CMP Buy Near Stop Loss Target 1 Target 2 Trend


WHIRLPOOL 304 306 294 312 318 Rangebound

Scrip CMP Buy Near Stop Loss Target 1 Target 2 Trend


TFL 50.55 49 48 51 52 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
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Morning Notes
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INTRA DAY TECHNICAL RECOMMENDATIONS

Scrip CMP Buy Near Stop Loss Target 1 Target 2 Trend


SHREEASTHA 36.75 36 35 37 38 Rangebound

Scrip CMP Sell Near Stop Loss Target 1 Target 2 Trend


ZODICA 33.33 35 36 33 32 Rangebound

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
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Morning Notes
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Pashupati Nath Jha Research Analyst pashupatinathjha@moneysukh.com
Vikram Singh Research Analyst vikram_research@moneysukh.com

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Please refer to important disclosures at the end of this report For Private circulation Only For Our Clients Only

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
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