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MORNING NOTE 05 JAN 2011

DATA MATRIX OF LAST SESSION FIRST LIGHT HEADINGS

INDEX Close Chg Chg GCV Services to consider stock-split
Sensex 20499 -62 -0.30% Ramco Systems wins order from MAS GMR Aerospace Engineering
Nifty 6146 -12 -0.19% Index based market wide circuit breaker for March quarter
Midcap 7853 -20 -0.25% RIL plans to establish a $1.2 billion LNG import terminal
Smallcap 9841 -4 -0.04% Deccan Chronicle’ members approve buyback of company equity shares
Fortis Healthcare signs MoU with Utah University
VALUE TRADED (Rs Crs) Chg GE Shipping plans to mop up Rs 100 crore via bonds issue
BSE -100.00%
NSE 14375 33.86%
MARKET INSIGHT
F&O Total 100187 60.48%
On Tuesday Jan 04 2010, The Indian equity markets witnessed a pretty volatile trade on
NET INFLOWS (Rs Crs) Chg Tuesday, though the start of the indices was in green tracking the rally overnight at the Wall
Street and the good going of the Asian peers, but afterwards the local markets lost their
FIIs -100%
momentum, though there were few upmoves in the second half as well but that too got sold
DIIs -100%
off as the marketman opted to book profit at higher levels. However the global cues were
supportive, the markets lacked any domestic cue to move in either direction and the banking
FII OPEN INTEREST (Crs) Chg and auto counters dragged the markets lower for the day. Earlier the markets made a gap up
FII Index Futures -100.00% start and it seemed that the indices will move in tandem with their Asian counterpart with
FII Index Options -100.00% benchmarks touching their intraday highs in the very initial trade, but traders lacked
FII Stock Futures -100.00% conviction and opted to book profit, taking the markets lower within half an hour of trade.
FII Stock Options -100.00% Then after the trade turned volatile and by the noon the markets plunged to their lows of the
day.
World Indices Chg
The BSE Sensex closed at 20,483.61 down by 77.44 or 0.38% from its previous close
Dow Jones -100.00%
(Provisional).It touched a high and a low of 20,651.21 and 20,449.01 respectively.
Nasdaq -100.00% Advances and declines on the index were in the ratio of 8:20, while, 2 shares remain
FTSE 100 #DIV/0! unchanged. The S&P CNX Nifty closed at 6,137.50 down by 20.10 points or 0.33% from
its previous close (Provisional).It touched a high and a low of 6,181.05 and 6,124.40,
Commodity Chg respectively. There were 22 advances against 28 declines on the index (Provisional).
Crude Oil (US$/bl) -100.00%
Gold (US$/oz) -100.00% In the BSE sectoral space, sectors that performed well included Fast Moving Consumer
Goods up by 1.51%, Oil & Gas up by 1.30%, Healthcare up by 0.79%, Power up by 0.06%.
On the other hand, Bankex down by 2.54%, Realty down by 1.11%, Auto down by 0.67%,
Top Movers Close Price Chg
Public Sector Undertaking down by 0.64% and Consumer Durables down by 0.62%
SUZLON 55.75 2.86 were the losers on the BSE sectoral space. The broader indices too were entrenched in
HCLTECH 463.75 2.11 negative territory; the BSE Mid-cap index shed 0.29% while the Small-cap index too
HINDUNILVR 319.45 2.01 shaved off 0.14%.
RELIANCE 1076 1.93
All the Asian equity indices barring Taiwan Weighted finished in the positive terrain on
RELINFRA 877 1.69
Tuesday as investors confidence got boost from a rally on the Wall Street overnight.
Japanese Nikkei hit 30-week high in its first day of trading for the year on the back of
Top Losers Close Price Chg strong global manufacturing data that has lifted equities worldwide and boosted the
ICICIBANK 1107.25 -3.28 dollar against the yen. Shanghai Composite surged 44.57 points or 1.59% to 2,852.65,
SBIN 2731.6 -3.21 Hang Seng jumped 232.43 points or 0.99% to 23,668.48, Jakarta Composite rose 32.54
RCOM 143.55 -3.17 points or 0.87% to 3,760.06, KLSE Composite increased 18.47 points or 1.20% to 1,551.89,
BAJAJ-AUTO 1433.05 -2.94 Nikkei 225 soared 169.18 points or 1.65% to 10,398.10, and Seoul Composite was up by
HDFCBANK 2333 -2.41 15.06 points.

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
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Morning Notes
make more, for sure.
MARKET OUTLOOK- CAUTIOUSLY OPTIMISTIC

TECHNICALLY SPEAKING: The Indian equity markets witnessed a pretty volatile trade on Tuesday, though the start of the indices was
in green tracking the rally overnight at the Wall Street and the good going of the Asian peers, but afterwards the local markets lost their
momentum, though there were few up moves in the second half as well but that too got sold off as the market man opted to book profit at
higher levels.

FAVORED SCENARIO: Remember we have said that any crucial break out above 6070 will lead indices towards 6200. We likely to remain
constant with our previous approach however global markets will be seriously eyed. Moreover any crucial break out above 6230 with decisive
volume, may reap indices towards previous highs however possibility of profit booking at higher levels can’t be rule out.

VARIED SCENARIO: On the flip side any sell off from current levels may drift indices towards 5860-5900 level where we might see some
sort of consolidation. Any drift below this may open the flood gates and possibility of sharp slide near to 5690-5700 should be on higher side.
HAPPY TRADING......
T O D A Y 'S M A R K E T L E V E L S
In d e x S u p p o rt 2 S u p p o rt 1 P re v io u s C lo s e R e s is ta n c e 1 R e s is ta n c e 2 T re n d
SEN SEX 20050 20305 20499 20720 20860 R ang ebo und
N IF TY 6060 6105 6146 6195 6245 R ang ebo und

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

BANK NIFTY 11210 11425 11608 12020 12245 Rangebound
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No. BSE:
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Mansukh
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306, Pratap and Shah
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Zafar Marg,
BSE: INB010985834
/ NSE: INB230781431
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Office:011-30123450/1/3/5
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Morning Notes
make more, for sure.
INTRA DAY TECHNICAL RECOMMENDATIONS

Scrip CMP Buy Near Stop Loss Target 1 Target 2 Trend

GLORY 7.75 7.65 7.5 7.8 8 Rangebound

Scrip CMP Buy Near Stop Loss Target 1 Target 2 Trend

GISOLUTION 27.95 27.5 27 28 28.5 Rangebound
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
Website: www.moneysukh.com
Morning Notes
make more, for sure.
INTRA DAY TECHNICAL RECOMMENDATIONS

Scrip CMP Buy Near Stop Loss Target 1 Target 2 Trend

RAMCO 123.4 122 119 125 128 Rangebound

Scrip CMP Sell Near Stop Loss Target 1 Target 2 Trend

RUCHIRA 21.55 22.5 23 22 21 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
Phone: 011-30123450/1/3/5 Fax: 011-30117710 Email: research@moneysukh.com
Website: www.moneysukh.com
Morning Notes
make more, for sure.

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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
Website: www.moneysukh.com