a study on stock market insights by mansukh investment and trading solutions 16/4/2010

8/9/2019 A study on Stock Market Insights by Mansukh Investment and Trading Solutions 16/4/2010

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Mansukh Securities and Finance LtdOffice: 306, Pratap Bhavan, 5, Bahadur Shah Zafar Marg, New Delhi-110002Phone: 011-30123450/1/3/5 Fax: 011-30117710 Email: [email protected]: www.moneysukh.com

SEBI Regn No. BSE: INB010985834 / NSE: INB23078143PMS Regn No. INP00000238

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

Morning Not es 16.04.2010

MARKET INS GHTS:On April 15, 2010,

NEWS ROOM:

I The key benchmark indices slumped in lattrade on profit taking as European stocks turned negative and US index futures edgelower. Indian stocks declined for the third day in a row. The BSE 30-share Sensex waprovisionally down 195.45 points or 1.1%, off close to 350 points from the day's highBanking, capital goods and FMCG stocks declined. Index heavyweight Reliance Industrieslipped more than 2%. But realty and healthcare stocks rose. The market breadth turne

weak from strong breadth earlier in the day. The market trimmed gains in morning tradafter a strong start triggered by firm Asian equities. The market further pared gains in midmorning trade. The market was range bound later. Profit booking in index heavyweightdragged the market in negative territory in afternoon trade. The market extended losses thit fresh intraday lows in mid-afternoon trade. The market slumped in late trade.

or 1.1% to 17,626.51 as per provisionafigures. The index fell 200.24 points at the day's low of 17,621.72 in late trade. The Sensex ros153.61 points at the day's high of 17,975.57 in early trade. The S&P CNX Nifty was dow54.10 points or 1.02% to 5,268.85 as per provisional figures. The BSE Mid-Cap index fe0.21% and the BSE Small-Cap index fell 0.62%. Both these indices outperformed Sensex.

, with miners lower after copper priceslipped. Meanwhile, ash clouds from Iceland's spewing volcano have disrupted air traffi

across Northern Europe as airports including Europe's busiest terminal at Heathrow shudown and airlines canceled hundreds of flights. The key indices in UK, France and Germanwere down by 0.09% to 0.23%. Asian stocks rose on Thursday as China's economic growtaccelerated and bellwether US tech and financial firms reported strong results, boostingappetite for riskier assets. The key benchmark indices in South Korea, Hong KongIndonesia, Japan and Taiwan were up by 0.16% to 0.92%. But China's Shanghai Compositfell 0.04% and Singapore's Straits Times fell 0.09%. The latest data showed that China'economic growth accelerated to the fastest pace in almost three years in the first quarter.

rose less-thanexpected in March 2010. The wholesale price inflation (WPI) rose 9.9% in March 2010, a tahigher than a 9.89% rise in February 2010, the latest government data showed. Thgovernment also announced that the primary articles price index rose 13.88% in the year to April 2010. The fuel price index rose 12.43% and the food price index rose 17.22% in the yeato 3 April 2010. Investors have already priced a 25-basis point rate rise at the Reserve Bank oIndia's policy review on 20 April 2010. Last month, the RBI raised the repo rate and thereverse repo rate, at which it absorbs excess cash from the banking system, by 25 basis point

The BSE 30-share Sensex was down 195.45 points

European shares turned negative on Thursday

On the macro front, the latest data showed that inflation

SCRIPS Open High Low Close Prev Close % Change Volume

UNITECH 78.35 81.8 78 80.3 77.5 3.61 58834983CAIRN 306.7 312.6 305.2 307.95 302.95 1.65 2676620

JPASSOCIAT 151 153.6 151 152.05 149.6 1.64 9329271

IDEA 67.8 69.1 67.7 68.75 67.75 1.48 6064721

SUNPHARMA 1804 1819 1781.15 1805 1778.95 1.46 103567

SCRIPS Open High Low Close Prev Close % Change Volume

KOTAKBANK 772.5 773.9 741.25 745 767.95 -2.99 814650RELIANCE 1125 1134.9 1087.05 1092.2 1120.9 -2.56 5551581

ICICIBANK 947.8 957.9 915.3 920.15 942.2 -2.34 5430802

HDFC 2790 2790 2681 2683.95 2748.3 -2.34 979854

ITC 270.05 270.7 261.25 262.65 268.6 -2.22 3962793

INDEX TOP MOVERS

INDEX TO P SHAKERS

INDEX Close Chg Chg%

Sensex 17639 -183 -1.03%

Nifty 5274 -49 -0.92%

Midcap 7042 -15 -0.21%

Smallcap 9034 -53 -0.58%

VALUE TRADED (Rs Crs) Chg%

BSE 5.91%

NSE 5.48%

F&O Total 19.13%

NET INFLOWS (Rs Crs) Chg%

FIIs -22.42%

DIIs -130.40%

FII OPEN INTEREST (Crs) Chg%FII Index Futures -1.52%

FII Index Options 0.47%

FII Stock Futures -0.02%

FII Stock Options 14.71%

Chg %

Dow Jones 1.14%

Nasdaq 2.02%

FTSE 100 1.10%

Commodity Chg %

Crude Oil (US$/bl) 1.55%

Gold (US$/oz) -0.08%

5825

87.2

39458

29886

957

World Indices

11145

13852

1155.5

2516

DATA MATRIX OF LAST S ESSION

4839

15396

73715

100

-77


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Mansukh Securities and Finance LtdOffice: 306, Pratap Bhavan, 5, Bahadur Shah Zafar Marg, New Delhi-110002

Phone: 011-30123450/1/3/5 Fax: 011-30117710 Email: [email protected]: www.moneysukh.com



TECHNICAL VIEW:At last a relatively decent profit booking we have witnessed yesterday. Opened on a relatively highnote, spot index once again shown some tiredness around 5370-5380 levels and drifted below 5300 in late trade. For todaysession we expect moderate scenario with range bound trading between 5230-5350. Any drift below 5230 level may furthespoils the traders sentiment though possibility of consolidation near 5170-80 levels cant be rule out. On the other hand Banknifty also shows sign of negative divergence. Any drift below 9150-9200 further diminish the investors sentiment and wmight see 9000 level in a short span of time where some sort of materialistic support should arises. HAPPY TRADING....

MARKET OUTLOOK- CAUTIOUSLY OPTIMISTIC

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

SENSEX 17200 17470 17639 17850 18090 Rangebound

NIFTY 5195 5230 5274 5315 5365 Rangebound

TOD AY'S MARK ET LEVELS

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

BANK NIFTY 9000 9150 9352 9575 9750 Rangebound

Morning Notes


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INTRA DAY TECHNICAL RECOMMENDATIONS

Scrip CMP Buy Near Stop Loss Target 1 Target 2 Trend

ENKEI 129.75 129.75 129 132 134 Rangebound


TIMES GUAR 106.35 106 105 108 110 Rangebound


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TECHNICAL RECOMMENDATIONS


SGL 9.65 9.65 9.25 10.5 11 Rangebound

Scrip CMP Sell Near Stop Loss Target 1 Target 2 Trend

NUCHEM 10.25 10.6 11 9.5 9 Rangebound


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Note: Please refer our Derivative Report for recommendation on OPTION STRATEGIES .

For more copies or other information, please send your query at [email protected]

Additional Information with respect to the securities referred in our derivative calls is uploaded on our website.Please note that our technical calls are totally independent of our fundamental callsTechnical Trends calls are based on momentum, Investors/Traders are requested to observe following discipline to take maximum advantage of theproducts

-Entry/exit will be on the basis of price or time priority-Use strict stop loss at 15% from your average acquisition price

This report is prepared for the exclusive use of Mansukh Group clients only and should not be reproduced, recirculated,published in any media, websiteor otherwise, in any form or manner, in part or as a whole, without the express consent in writing of Mansukh Securities and Finance Ltd. Anyunauthorized use, disclosure or public dissemination of information contained herein is prohibited.

This data sheet is for private circulation only and the said document does not constitute an offer to buy or sell any securities mentioned herein. Whileutmost care has been taken in preparing the above, we claim no responsibility for its accuracy. We shall not be liable for any direct or indirect lossesarising from the use thereof and the investors are requested to use the information contained herein at their own risk.

Research Desk Phone: 011-30211872/ 73 Email: [email protected]

NAME DESIGNATION E-MAIL

Varun Gupta Head - Research [email protected]

Pashupati Nath Jha Research Analyst [email protected] Lakra Research Analyst [email protected]

Vikram Singh Research Analyst [email protected]

Morning Notes


a study on stock market insights by mansukh investment and trading solutions 16/4/2010

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