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IL & FS INVESTSMART SECURITIES LTD

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EXECUTIVE SUMMARY

India is the second fastest growing major economy in the world, with a GDP
growth rate of 9.4%. It has emerged as the world's fastest growing wealth
creator, thanks to a buoyant stock market and higher earnings

The name “stock market” which when comes into the mind, everyone
has a different opinion. One feels it is risky to invest in stock market, others
may perceive that it is game of gambling. Many of the investors may feel its
great opportunity to make profit in the stock market. The opinion differs from
person to person, investor to investors.

In IIFL I learned about the security analysis and stock trading to


reduce the risk associated with the investment in the stock market and to
achieve the maximum profit from it.
There are several tools available in the markets through which one can easily
predict the movement of the stocks as well as the future of the particular stock.
One of the tools may be a technical analysis which helps to study the market
action, primarily through the use of charts, for the purpose of forecasting
future price trends. The movement of the scrip price and its behavior can be
explained in a more illustrative form by using the technical analysis. It
provides better insight and also to take a decision on the investment. It
considers only the actual price behavior of the market or instrument.
The project deals with a brief introduction to Security Analysis & Online
Trading, how to invest in the stock market as the investors are more concerned
of return and they want to be far from risk, Security Analysis is very helpful in
deciding as to when to buy & sell a particular stock.

The core area of this project focuses on Technical analysis of equity


scripts which tells an investor when to buy & sell a share. This project
contains a secondary online trading part in which I have to analyze the stocks
and trade on these stocks. Online trading help to reduce the commission by the
stockbrokers and also made easy to place orders without calling the brokers.

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BABASAB PATIL 1
IL & FS INVESTSMART SECURITIES LTD
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TITLE OF THE PROJECT:

“TECHNICAL ANALYSIS OF EQUITY SHARES”

OBJECTIVES:
To study future prices of Infosys, Wipro, HDFC Bank, ICICI Bank using
technical analysis.

SUB OBJECTIVES:
 To determine the trend of the stock prices using technical analysis.
 To analyze & predict future price movements of chosen equity shares.
 To find out which equity share is preferable for the investors i.e., when
to buy & when to sell a particular stock.

METHODOLOGY:

Statistical Tools used


 Simple Moving Average
 Relative Strength Index
 Rate of Change
Secondary Data includes
 Market Price
 Books
 Internet Sources.

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FINDINGS:
 The share prices of a company are very sensitive and may change very
rapidly (upward or downward), but we follow a systematic study, it is
possible to predict the share prices to a certain extent.
 The stocks move according to some patterns, we can predict the stock
prices by identifying such patterns.

HDFC BANK
 As the 12 days & 24 days simple moving average of the
HDFC Bank represents the fall of prices that is downward
trend during August & January it signs for sell signal.
 The chart shows rising trend from August to December.
 Relative strength index shows a buy signal for the HDFC
Bank as it has crossed 30 & reached upto zero during May &
February.
 It shows sell signal during September as it has reached upto
84 points.
 The ROC graph indicates that the price of the scrip HDFC
Bank is moving towards the high in the over bought region.
 The chart shows reverse head & shoulder during June.

ICICI BANK
 As the 12 days & 24 days simple moving average of the
ICICI Bank is falling during July & January, short term
moving average intersects long term moving average from
above and falls below it, the sell signal is generated.
 The scrip price is rising from September 5, the short term
average is above the long term average & intersects from
below indicating further rise in price, gives a buy signal
during September.

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 The RSI graph indicates it is the right time to purchase the


scripts of ICICI Bank, as it has crossed 30 points & reached
zero during April & March.
 It indicates sell signal during November as it has reached
upto 98 points.
 The ROC graph of the ICICI Bank scripts prices are in the
oversold region that is it is towards the lower price & right
time to buy.
 The chart shows H & S during June & double bottom during
August.

INFOSYS
 The moving average graph of the INFOSYS indicates a
gaining trend as the closing price line is above the moving
average line of 12 days and 26 days so it was right time to
sell the share.
 The closing price of INFOSYS shows a flat trend from April
to August.
 Reverse head & shoulder are formed during November.
 The relative strength index of Infosys has crossed 30 points
and reached upto zero during November & January, shows it
was right time to sell & it reached upto 90 points during
December which gives buy signal.
 ROC of INFOSYS is in overbought region during October,
December & March it was right time to sell.

WIPRO
 The 12 days & 24 days simple moving average of the ICICI
Bank is falling during November, January & March short
term moving average intersects long term moving average
from above and falls below it, the sell signal was generated.

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 The chart shows declining trend from April to September &
even from December to March.
 The Relative strength Index graph indicates that it is the right
time to purchase the scripts of WIPRO, as it has crossed 30
points during July, January & February.
 RSI of WIPRO shows sell signal during December which has
reached upto 84 points.
 The Rate of Change chart of the WIPRO shows the script
prices are in the overbought region during March that is it is
towards the higher price & was right time to sell.

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RECOMMENDATIONS:
 Investors should undertake an analysis before investing into the stock
market, as most of the investors do not undertake any study before
entering into a particular stock.

HDFC BANK
Considering technical analysis it is better to sell the shares of HDFC Bank at
this moment.
 According to moving average the closing price is declining from
January i.ie. 1571 to 1331, the short term average intersects the long
term average from above & falls below it, the sell signal is generated.
 The ROC lies in the overbought region which is declining from 16.90
to 4.61 in future it may decline so better to sell the shares.
 The RSI of HDFC Bank lies between 70 & 50 which may decline in
future so I recommend investors to sell the shares.

ICICI BANK
 The closing price of this script is declining from 11 th January with 1430
to 769 in March; the short term average intersects the long term
average from above & falls below it, so in future I recommend the
investors to sell the shares.
 The ROC lies in the overbought region which is declining from 9.82 to
0.16 in future it may decline so better to sell the shares.
 The RSI of these scripts lies between 60 & 50 which may decline in
future so better to sell the shares.

INFOSYS
 The moving average of Infosys is volatile in nature and it has
decreased from 1662 of February to 1439 of March, the short term
average intersects the long term average from above & falls below it,
the sell signal is generated.
 The ROC lies in the overbought region which is declining from 15.72
to 7.16 in future it may decline so better to sell the shares.
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 The RSI of INFOSYS is declining from 60 to 43 which may decline
drastically in future so better to sell the shares.
WIPRO
 The moving average of Wipro has decreased from 549 of January to
432 of March; the short term average intersects the long term average
from above & falls below it, so better to sell the shares.
 The ROC lies in the overbought region which is declining from 26.22
to 14.19 in future it may decline so better to sell the shares.
 The RSI of INFOSYS is declining from 70 to 58 which may decline
drastically in future so better to sell the shares.

LIMITATIONS:
 For doing my project I have taken into consider only three parameters.
These parameters may not be enough to predict the future price
movements.
 Time period given is of only two months, which may not suffice the
required tenure to study the stock market. The time period was very
short.
 I have done the technical analysis only for one year; from this data we
cannot predict prices accurately.

CONCLUSION:
 Remember that stocks are never too high for you to begin
buying or too low to begin selling. But after the initial
transaction don’t make a second unless the first shows you a
profit.
 There is only one side to the stock market and it is not the
bull side or the bear side but the right side.
 Always sell what shows you a loss and keep what shows you
profit.
 Technical analysis can be used, when to buy and to when to
sell the stock.
 It is very helpful in determining the trend of the stock price
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CONTENTS

SECTION – I

 Industry Profile 1
 Company Profile 3

SECTION – II

 About Technical Analysis 5


 Brief Introduction of Companies 14

SECTION – III

 Methodology 16
 Calculations 20
 Data Interpretation &Analysis 78

 Findings 98
 Recommendations 101
 Limitations
 Conclusions
 Bibliography

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INDUSTRY PROFILE

In finance a share is a unit of account for various financial instruments


including stocks, mutual funds, and limited partnerships. In British English,
the usage of the word share alone to refer solely to stocks is so common that it
almost replaces the word stock itself.

In simple Words, a share or stock is a document issued by a company,


which entitles its holder to be one of the owners of the company. A share is
issued by a company or can be purchased from the stock market.

By owning a share you can earn a portion and selling shares you get
capital gain. So, your return is the dividend plus the capital gain. However,
you also run a risk of making a capital loss if you have sold the share at a price
below your buying price.

Primary Market
Market for new issues of securities, as distinguished from the
Secondary Market, where previously issued securities are bought and sold.
A market is primary if the proceeds of sales go to the issuer of the securities
sold.

Secondary Market

The market where securities are traded after they are initially offered in
the primary market. Most trading is done in the secondary market. To explain
further, it is trading in previously issued financial instruments. An organized
market for used securities. Examples are the Bombay Stock Exchange (BSE),
National Stock Exchange NSE, bond markets, over-the-counter markets,
residential mortgage loans, governmental guaranteed loans etc.

Bull & Bear Market

There are two classic market types used to characterize the general
direction of the market. Bull markets are when the market is generally rising,
typically the result of a strong economy. A bull market is typified by generally
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rising stock prices, high economic growth, and strong investor confidence in
the economy. Bear markets are the opposite. A bear market is typified by
falling stock prices, bad economic news, and low investor confidence in the
economy.

A bull market is a financial market where prices of instruments (e.g.,


stocks) are, on average, trending higher. The bull market tends to be associated
with rising investor confidence and expectations of further capital gains.

A market in which prices are rising. A market participant who believes


prices will move higher is called a "bull". A news item is considered bullish if
it is expected to result in higher prices.

Simply put, bull markets are movements in the stock market in which
prices are rising and the consensus is that prices will continue moving upward.
During this time, economic production is high, jobs are plentiful and inflation
is low. Bear markets are the opposite--stock prices are falling, and the view is
that they will continue falling.

A key to successful investing during a bull market is to take advantage


of the rising prices. For most, this means buying securities early, watching
them rise in value and then selling them when they reach a high. However, as
simple as it sounds, this practice involves timing the market. Since no one
knows exactly when the market will begin its climb or reach its peak, virtually
no one can time the market perfectly.

The opposite of a bull market is a bear market when prices are falling in
a financial market for a prolonged period of time. A bear market tends to be
accompanied by widespread pessimism. A bear market is slang for when stock
prices have decreased for an extended period of time. If an investor is
"bearish" they are referred to as a bear because they believe a particular
company, industry, sector, or market in general is going to go down.

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COMPANY PROFILE

IL&FS INVESTSMART SECURITIES LTD (IIL) is an initiative in the


field of Financial Services started by Infrastructure Leasing & Financial
Services (IL&FS), an institution known for its innovative and pioneering
initiatives in the areas of Infrastructure, Corporate Finance and Investment
Banking. IIL was set up in October 1997 & began its retail operations on
September 1998.

IL&FS Investsmart Securities LTD (IIL) was set up with the objective
of becoming one of the leading full service brokerage houses in the country
with a strong expertise in web-based technology as well as strengths in
physical distribution. Today with a presence in more than 90 cities across India
through more than 200 outlets, IIL is chosen as The Best Performing
National Financial Advisor – Retail Segment at the CNBC TV 18 national
financial advisor award 2006.

Since its inception in the year 1997, the firm has grown to reach
immense heights. It has withstood all odds in the market and has emerged as a
true leader in the bargain. IIL is widely recognized as a trustworthy
organization and has been successful in satisfying its clients’ interests. A big
smile with great satisfaction on the faces of clients inspires us to work even
harder, not only to maintain the same but also to deliver the best services
forever.

As mentioned earlier IIL which was promoted by IL&FS in 1997, has


come a long way since its inception. It is a matter of great pride for IIL that
some of the world's biggest organizations are becoming equity owners of the
company.

IL&FS Investsmart Securities LTD currently caters to more than 53,000


retail customers through 54 locations encompassing around 16 Indian states.
Our network involves 29 branches spread across 16 cities and franchisees

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across the rest of the country. It is our endeavor to spread our services to
maximum number of Indian locations in the near future.

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DIVISIONS

 The Investment Advisory and Broking Division


 Merchant Banking Division

 The Project Syndication Division

 Institutional Equity Broking Division

 Institutional Debt Broking division

RETAIL OFFERINGS

 Equities

 Derivatives

 Commodities

 Depository Services

 Portfolio Management

 Distribution of Financial Products.

INSTITUTIONAL OFFERINGS

 Merchant Banking
 Product Syndication

 Institutional Equity Broking and Sales

 Institutional Debt Broking and Sales

MEASURES PLANNED TO SUSTAIN THE GROWTH ENGINE

 Complete business restructuring


 Increase Margin Portfolio book to Rs. 7.5 bn

 Accelerate branch expansion through setup of mini branches

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 Strong focus on building new businesses : commodities, online
trading

 Launch international operations in Singapore. Complete Dubai


approvals.

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TECHNICAL ANALYSIS

Technical analysis is the examination of past price movements to the


forecast future price movements. Technical analysts are sometimes referred
to as chartists because they rely almost exclusively on charts for their
analysis. Analysts believe that the historical performance of stocks and
markets are indications of future performance.

Technical analysis is applicable to stocks, indices, commodities, futures or


any tradable instrument where the price is influenced by the forces of supply
and demand. Price refers to any combination of the open, high, low or close
for a given security over a specific timeframe. The time frame can be based
on intraday (tick, 5-minute, 15-minute or hourly), daily, weekly or monthly
price data and last a few hours or many years. In addition, some technical
analysts include volume or open interest figures with their study of price
action.

ASSUMPTIONS OF TECHNICAL ANALYSIS

Three key assumptions on which technical analysis is based are:-

The futures market discounts everything: - The technician believes that


the price at any given time is the intrinsic value based upon the fundamental
factors affecting the supply and demand of the product.

Prices move in trends - Prices can move in one of three directions up, down
or sideways. Once a trend in any of these directions is in effect, it usually
will persist. The market trend is simply the direction of market prices, a
concept which is absolutely essential to the success of technical analysis.

History repeats itself - Technical analysis includes thee psychology of the


market place. Patterns of human behaviors have been identified and
categorized for several hundred years and are found to be repetitive in
nature. The repetitive nature of the market place is illustrated by specific
chart patterns, from which one can forecast the next move for the prices.

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CHART PATTERN

A chart pattern is a distinct formation on a stock chart that creates a trading


signal, or a sign of future price movements. Chartists use these patterns to
identify current trends and trend reversals and to trigger buy and sell signals.
There are two types of patterns within this area of technical
analysis, reversal and continuation. A reversal pattern signals that a prior
trend will reverse upon completion of the pattern. A continuation pattern, on
the other hand, signals that a trend will continue once the pattern is
complete. These patterns can be found over charts of any time frame.

HEAD AND SHOULDERS

This is one of the most popular and reliable chart patterns in technical
analysis. Head and shoulders is a reversal chart pattern that when formed,
signals that the security is likely to move against the previous trend. As you
can see in Figure 1, there are two versions of the head and shoulders chart
pattern. Head and shoulders top (shown on the left) is a chart pattern that is
formed at the high of an upward movement and signals that the upward trend
is about to end. Head and shoulders bottom, also known as inverse head and
shoulders (shown on the right) is the lesser known of the two, but is used to
signal a reversal in a downtrend.

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Both of these head and shoulders patterns are similar in that there are four
main parts: two shoulders, a head and a neckline. Also, each individual head

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and shoulder is comprised of a high and a low. For example, in the head and
shoulders top image shown on the left side in Figure 1, the left shoulder is
made up of a high followed by a low. In this pattern, the neckline is a level
of support or resistance. Remember that an upward trend is a period of
successive rising highs and rising lows. The head and shoulders chart
pattern, therefore, illustrates a weakening in a trend by showing the
deterioration in the successive movements of the highs and lows.

CHART TYPES

There are four main types of charts that are used by investors and traders
depending on the information that they are seeking and their individual skill
levels. The chart types are: the line chart, the bar chart, the candlestick chart
and the point and figure chart.

LINE CHART

The most basic of the four charts is the line chart because it represents
only the closing prices over a set period of time. The line is formed by
connecting the closing prices over the time frame. Line charts do not
provide visual information of the trading range for the individual points
such as the high, low and opening prices. However, the closing price is
often considered to be the most important price in stock data compared
to the high and low for the day and this is why it is the only value used
in line charts.

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Figure 1: A line chart


BAR CHART
The bar chart expands on the line chart by adding several more key pieces of
information to each data point. The chart is made up of a series of vertical
lines that represent each data point. This vertical line represents the high and
low for the trading period, along with the closing price. The close and open
are represented on the vertical line by a horizontal dash.

Conversely, the close is represented by the dash on the right.


Generally, if the left dash (open) is lower than the right dash (close) then the
bar will be shaded black, representing an up period for the stock, which
means it has gained value. A bar that is colored red signals that the stock has
gone down in value over that period.

Figure 2: A bar chart

CANDLESTICK CHART
The candlestick chart is similar to a bar chart, but it differs in the way that it
is visually constructed. Similar to the bar chart, the candlestick also has a
thin vertical line showing the period's trading range. The difference comes in
the formation of a wide bar on the vertical line, which illustrates the
difference between the open and close.

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And, like bar charts, candlesticks also rely heavily on the use of colors to
explain what has happened during the trading period. A major problem with
the candlestick color configuration, however, is that different sites use
different standards; therefore, it is important to understand the candlestick
configuration used at the chart site you are working with.

There are two color constructs for days up and one for days
that the price falls. When the price of the stock is up and closes above
the opening trade, the candlestick will usually be white or clear. If the
stock has traded down for the period, then the candlestick will usually
be red or black, depending on the site. If the stock's price has closed
above the previous day’s close but below the day's open, the candlestick
will be black or filled with the color that is used to indicate an up day.

Figure 3: A candlestick chart

POINT AND FOGURE CHART

The point and figure chart is not well known or used by the average investor
but it has had a long history of use dating back to the first technical traders.
This type of chart reflects price movements and is not as concerned about
time and volume in the formulation of the points. The point and figure chart
removes the noise, or insignificant price movements, in the stock, which can

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distort traders' views of the price trends. These types of charts also try to
neutralize the skewing effect that time has on chart analysis.

Figure 4: A point and figure chart

When first looking at a point and figure chart, you will notice a series of Xs
and Os. The Xs represent upward price trends and the Os represent
downward price trends. There are also numbers and letters in the chart; these
represent months, and give investors an idea of the date. Each box on the
chart represents the price scale, which adjusts depending on the price of the
stock: the higher the stock's price the more each box represents.

CONCLUSION
Charts are one of the most fundamental aspects of technical analysis. It is
important that you clearly understand what is being shown on a chart and the
information that it provides.

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STRENGTHS OF TECHNICAL ANALYSIS

Focus on Price: To predict the future price, technicians believe that one
should focus on price movements. Price movements usually precede
fundamental developments. By focusing on price action, technicians are
automatically focusing on the future. Even though the market is prone to
sudden knee-jerk reactions, hints usually develop before significant moves.
A technician will refer to periods of accumulation as evidence of an
impending advance and periods of distribution as evidence of an impending
decline.

Supply, Demand, and Price Action: Many technicians use the open, high,
low and close when analyzing the price action of a commodity. Separately,
these will not be able to tell much. However, taken together, the open, high,
low and close reflect forces of supply and demand.

Support/Resistance: Simple chart analysis can help identify support and


resistance levels. These are usually marked by periods of congestion (trading
range) where the prices move within a confined range for an extended
period, telling us that the forces of supply and demand are deadlocked.
When prices move out of the trading range, it signals that either supply or
demand has started to get the upper hand. If prices move above the upper
band of the trading range, then demand is winning. If prices move below the
lower band, then supply is winning

Pictorial Price History: A price chart can offer plenty of valuable


information. It is an easy to read historical account of a security's price
movement over a period of time. Charts are much easier to read than a table
of numbers. On most stock charts, volume bars are displayed at the bottom.
With this historical picture, it is easy to identify the following:

• Reactions prior to and after important events.

• Past and present volatility.

• Historical volume or trading levels.


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• Relative strength of a stock versus the overall market

Assist with Entry Point: Technical analysis can help with timing a proper
entry point. Some analysts use fundamental analysis to decide what to buy
and technical analysis to decide when to buy. Technical analysis can help
spot demand (support) and supply (resistance) levels as well as breakouts.
Waiting for a breakout above resistance or buying near support levels can
improve returns.

WEAKNESS OF TECHNICAL ANALYSIS

Analyst Bias: Just as with fundamental analysis, technical analysis is


subjective and our personal biases can be reflected in the analysis. It is
important to be aware of these biases when analyzing a chart.

Open to Interpretation: Furthering the bias argument is the fact that


technical analysis is open to interpretation. Even though there are standards,
many times two technicians will look at the same chart and paint two
different scenarios or see different patterns. Both will be able to come up
with logical support and resistance levels as well as key breaks to justify
their position. While this can be frustrating, it should be pointed out that
technical analysis is more like an art than a science, somewhat like
economics.

Too Late: Technical analysis has been criticized for being too late. By the
time the trend is identified, a substantial portion of the move has already
taken place. After such a large move, the reward to risk ratio is not great.
Lateness is a particular criticism of Dow Theory.

Trader's Remorse: Not all technical signals and patterns work. When you
begin to study technical analysis, you will come across an array of patterns
and indicators with rules to match. For instance: A sell signal is given when
the neckline of a head and shoulders pattern is broken. Even though this is a
rule, it is not steadfast and can be subject to other factors such as volume and

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momentum. In that same vein, what works for one particular commodity
may not work for another.

CRITICS OF TECHNICAL ANALYSIS SAY………………..

 No one or group of trading rules seems to work consistently.


 Some prices moves are self fulfilling because so many chartist trades on
breakouts–often are temporary.

 Most of the trading rules require a great deal of subjective judgment.

When price volatility goes down technical profits may also fall.

Technical Analysis also happens to break one major jinx of fundamental


analysis as it gives an exact price target and answers many questions like,

• When to enter the market?

• Whether to buy or sell?

• If buy/ sell then at what prices?

• How much should be the profit objective?

• Where should one place a stop loss?

Owing to all the above mentioned factors it could safely be concluded that
Technical Analysis is one of the better tools for price forecasting. And in
today’s rapidly changing world investors look for short time returns which
could better be achieved only by a superior price forecasting system and in
this case using Technical Analysis.

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INTRODUCTION OF SECTORS

IT INDUSTRY

The robust growth of India can be attributed to the meteoritic success of


‘India IT Industry’. In fact no other Indian industry has performed so well
against the global market. The vision of Information Technology (IT) policy
is to use IT as a tool for raising the living standards of the common man and
enriching their lives. Though, urban India has a high internet density, the
government also wants PC and Internet penetration in the rural India.
In Information technology (IT), India has built up valuable brand equity in
the global markets. In IT-enabled services (ITES), India has emerged as the
most preferred destination for business process outsourcing (BPO).

INFOSYS
Excellent results by Infosys Technologies had a positive impact on the entire
spectrum of IT stocks. Infosys Technologies Ltd provides consulting and IT
services to clients globally - as partners to conceptualize and realize
technology driven business transformation initiatives. With over 72,000
employees worldwide, they use a low-risk Global Delivery Model (GDM) to
accelerate schedules with a high degree of time and cost predictability.

WIPRO
Wipro Technologies is a global services provider delivering technology-
driven business solutions that meet the strategic objectives of our clients.
Wipro has 40+ ‘Centers of Excellence’ that create solutions around specific
needs of industries. Wipro delivers unmatched business value to customers
through a combination of process excellence, quality frameworks and
service delivery innovation. Wipro has had a Cumulative Annual Growth
Rate (CAGR) of 25% over the last fifteen years, exhibiting stability,
profitability and growth right from inception. Strong fundamentals like
quality, integrity, and supreme customer service have been the drivers of the
company's growth.

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BANKING INDUSTRY
With the Indian economy moving on to a high growth trajectory,
consumption levels soaring and investment riding high, the Indian banking
sector is at a watershed. Further, as Indian companies globalize and people
of Indian origin increase their investment in India, several Indian banks are
pursuing global strategies.

HDFC BANK

HDFC Bank began operations in 1995 with a simple mission: to be a "World-


class Indian Bank". They realized that only a single-minded focus on product
quality and service excellence would help us get there. Today, they are proud
to say that they are well on their way towards that goal.

The Bank has posted a net profit of Rs 4711.10 million for the
quarter ended March 31, 2008 as compared to Rs 3435.70 million for the
quarter ended March 31, 2007. Total Income has increased from Rs
23209.70 million for the quarter ended March 31, 2007 to Rs 35055.20
million for the quarter ended March 31, 2008.

ICICI BANK
ICICI Bank is India's second-largest bank with total assets of Rs. 3,767.00
billion at December 31, 2007 and profit after tax of Rs. 30.08 billion for the
nine months ended December 31, 2007. ICICI Bank is second amongst all
the companies listed on the Indian stock exchanges in terms of free float
market capitalization.
ICICI Bank's equity shares are listed in India on Bombay Stock
Exchange and the National Stock Exchange of India Limited and its American
Depositary Receipts (ADRs) are listed on the New York Stock Exchange
(NYSE).

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METHODOLOGY:

Data Collection Method


To carry out this project secondary data is collected which is the closing
market price.

Statistical Tools used:


 Simple Moving Average

 Relative Strength Index

 Rate of Change.

SIMPLE MOVING AVERAGE

The market indices do not rise or fall in straight line. The upward and
downward are interrupted by counter moves. The underlying trend can be
studied by smoothening of the data. To smooth the data moving average
technique is used.
The word moving means that the body of data moves ahead to include
the recent observation. If it is five day moving average, on the sixth day the
body of data moves to include the sixth day observation eliminating the first
day’s observation. Likewise it continues. In the moving average calculation,
closing price of the stock is used.

TYPES OF MOVING AVERAGE


There are a number of different types of moving averages that vary in the
way they are calculated, but how each average is interpreted remains the
same. The calculations only differ in regards to the weighting that they place
on the price data, shifting from equal weighting of each price point to more
weight being placed on recent data. The three most common types of
moving averages are simple, linear and exponential.
In this study Simple moving average is used. A simple moving
average is formed by computing the average (mean) price of a security over
a specified number of periods. While it is possible to create moving averages

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from the Open, the High, and the Low data points, most moving average are
created using the closing price. For example: a 5-day simple moving average
is calculated by adding the closing prices for the last 5 days and dividing the
total by 5.

10 + 11 + 12 + 13 + 14 = 60

(60 / 5) = 12

The calculation is repeated for each price bar on the chart. The averages are
then joined to form a smooth curving line - the moving average line.
Continuing our example, if the next closing price in the average is 15, then
this new period would be added and the oldest day, which is 10, would be
dropped. The new 5-day simple moving average would be calculated as
follows:

11 + 12 + 13 + 14 + 15 = 65

(65 / 5) = 13

Over the last 2 days, the SMA moved from 12 to 13. As new days are added,
the old days will be subtracted and the moving average will continue to
move over time.

STOCK PRICE AND STOCK PRICES MOVING AVERAGE

Buy and sell signals are provided by the moving averages. Moving averages
are used along with the price of the scrip. The stock price may intersect the
moving average at a particular point. Downward penetration of the rising
average indicates the possibility of a further fall. Upward penetration of a
falling average would indicate the possibility of the further rise and gives the
buy signal.

COMPARISON OF THE TWO MOVING AVERAGES


When long term and short term moving averages are drawn, the intersection
of two moving averages generates buy or sell signal. When the scrip price is

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falling and if the short term average intersects the long term moving average
from above and falls below it, the sell signal is generated.
If the scrip price is rising, the short term average would be above the
long term average. The short term average intersects the long term average
from below indicating a further rise in price, gives a buy signal.

OSCILLATORS
Oscillators indicate the market momentum or scrip momentum. Oscillator
shows the share price movement across a reference point from one extreme
to another. The momentum indicates:
 Overbought and oversold conditions of the scrip or the market.
 Signaling the possible trend reversal.
 Rise or decline in the momentum.
Oscillators are analyzed along with the price chart. Oscillators indicate trend
reversals that have to be confirmed with the price movement of the scrip.
Changes in the price should be correlated to changes in the momentum, and
then only buy and sell signals can be generated. With the daily, weekly or
monthly closing prices oscillators are built. For short term trading, daily
price oscillators are useful.

RELATIVE STRENGTH INDEX

RSI is an oscillator used to identify the inherent technical strength and


weakness of a particular scrip or market. RSI can be calculated for scrip by
adopting the following formula.

RSI = 100 - 100


1 + RS

RS = Average Gain Per Day


Average Loss Per Day

The RSI can be calculated for any number of days depending on the wish of
the technical analyst and the time frame of trading adopted in a particular

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stock market. RSI is calculated for 5, 7, 9 and 14 days. If the period taken
for calculation is more, the possibility of getting wrong signals is reduced.
The broad rule is, if the RSI crosses seventy there may be
downturn and it is time to sell. If the RSI falls below thirty it is time to pick
up the script. If the RSI is rising in the overbought zone, it would indicate
the downfall of the price. If RSI falls in the overbought zone, it gives a clear
signal of sell. This condition occurs after a sharp rise in price during a period
of heavy buying. When the RSI is in the oversold region, it generates the
buy signal. The term oversold is used to describe a security or market that
has declined to an unreasonably low level.

RATE OF CHANGE
ROC measures the rate of change between the current price and the price ‘n’
number of days in the past. ROC helps to find out the overbought and
oversold positions in scrip. Closing prices are used to calculate the ROC.
Daily closing prices are used for the daily ROC and weekly closing prices
for weekly ROC. In this study I have used weekly closing prices for
calculation.
The Rate of Change (ROC) indicator is a very simple yet effective
momentum oscillator that measures the percent change in price from one
period to the next. The (ROC) calculation compares the current price with
the price n periods ago.

ROC = ((Today’s close – Close n periods ago) / (Close n periods ago)) *


100

The main advantage of ROC is the identification of overbought and oversold


region. The historic high and low values of the ROC should be identified at
first to locate the overbought and oversold region. If the scrip’s ROC reaches
the historic high values, the scrip is in the overbought region. If the scrip’s
ROC reaches the historic low value, the scrip is in the oversold region.

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CALCULATIONS
TECHNICAL ANALYSIS OF HDFC BANK
HDFC BANK 12 DAYS & 24 DAYS MOVING AVERAGE
Closing 12 24
HDFCBANK Price Days Days
2-Apr-07 901.35
3-Apr-07 914.2
4-Apr-07 925.05
5-Apr-07 942.6
9-Apr-07 971.15
10-Apr-07 991.95
11-Apr-07 979.35
12-Apr-07 958.35
13-Apr-07 981.2
16-Apr-07 974.95
17-Apr-07 978.05
18-Apr-07 980.4 958.22
19-Apr-07 982.45 964.98
20-Apr-07 994.6 971.68
23-Apr-07 986.8 976.82
24-Apr-07 1013.75 982.75
25-Apr-07 1031 987.74
26-Apr-07 1034.45 991.28
27-Apr-07 1014.6 994.22
30-Apr-07 1024.15 999.70
3-May-07 1004.6 1001.65
4-May-07 1007.75 1004.38
7-May-07 1000.05 1006.22
8-May-07 991.3 1007.13 982.67
9-May-07 994.7 1008.15 986.56
10-May-07 1011.8 1009.58 990.63
11-May-07 992.6 1010.06 993.44
14-May-07 995.9 1008.58 995.66
15-May-07 1011.05 1006.91 997.33
16-May-07 1035.45 1007.00 999.14
17-May-07 1042.05 1009.28 1001.75
18-May-07 1070.3 1013.13 1006.41
21-May-07 1106.8 1021.65 1011.65
22-May-07 1115.1 1030.59 1017.49
23-May-07 1114.65 1040.14 1023.18
24-May-07 1091.15 1048.46 1027.79
25-May-07 1069.2 1054.67 1031.41
28-May-07 1127.15 1064.28 1036.93
29-May-07 1144.4 1076.93 1043.50
30-May-07 1104.05 1085.95 1047.26
31-May-07 1147.6 1097.33 1052.12
1-Jun-07 1153.45 1107.16 1057.08
4-Jun-07 1168.4 1117.69 1063.49
5-Jun-07 1159.6 1125.13 1069.13
6-Jun-07 1127.2 1126.83 1074.24
7-Jun-07 1105.55 1126.03 1078.31
8-Jun-07 1090.95 1124.06 1082.10
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11-Jun-07 1097.35 1124.58 1086.52
12-Jun-07 1088.15 1126.15 1090.41
13-Jun-07 1082.9 1122.47 1093.38
14-Jun-07 1096.4 1118.47 1097.70
15-Jun-07 1110.35 1118.99 1102.47
18-Jun-07 1088.45 1114.06 1105.69
19-Jun-07 1099.95 1109.60 1108.38
20-Jun-07 1100.05 1103.91 1110.80
21-Jun-07 1101.8 1099.09 1112.11
22-Jun-07 1103 1097.08 1111.95
25-Jun-07 1099.8 1096.60 1111.31
26-Jun-07 1098.7 1097.24 1110.65
27-Jun-07 1090.35 1096.66 1110.62
28-Jun-07 1097.3 1097.42 1111.79
29-Jun-07 1146.75 1102.74 1112.60
2-Jul-07 1147.55 1107.00 1112.74
3-Jul-07 1150.5 1110.35 1114.67
4-Jul-07 1150.75 1115.54 1114.80
5-Jul-07 1129.1 1117.97 1113.79
6-Jul-07 1158.3 1122.83 1113.37
9-Jul-07 1167.6 1128.31 1113.70
10-Jul-07 1149.3 1132.17 1114.62
11-Jul-07 1148.75 1136.25 1116.42
12-Jul-07 1201.45 1144.81 1121.03
13-Jul-07 1226.4 1156.15 1126.40
16-Jul-07 1217.65 1166.18 1131.80
17-Jul-07 1199.3 1170.55 1136.65
18-Jul-07 1200.05 1174.93 1140.97
19-Jul-07 1209.25 1179.83 1145.09
20-Jul-07 1200.9 1184.00 1149.77
23-Jul-07 1230.3 1192.44 1155.20
24-Jul-07 1248.9 1199.99 1161.41
25-Jul-07 1239.05 1205.94 1167.13
26-Jul-07 1217.25 1211.60 1171.89
27-Jul-07 1169.35 1213.32 1174.78
30-Jul-07 1168.85 1210.60 1177.71
31-Jul-07 1200.6 1208.45 1182.30
1-Aug-07 1161.35 1203.76 1184.97
2-Aug-07 1152.4 1199.85 1185.20
3-Aug-07 1155 1196.10 1185.51
6-Aug-07 1132.5 1189.70 1184.76
7-Aug-07 1141.4 1184.75 1184.38
8-Aug-07 1171.75 1179.87 1186.15
9-Aug-07 1155.65 1172.10 1186.04
10-Aug-07 1130.5 1163.05 1184.50
13-Aug-07 1135.65 1156.25 1183.93
14-Aug-07 1147.65 1154.44 1183.88
16-Aug-07 1094 1148.20 1179.40
17-Aug-07 1068.1 1137.16 1172.81
20-Aug-07 1110.9 1132.96 1168.36
21-Aug-07 1103.95 1128.92 1164.39
22-Aug-07 1117.4 1125.79 1160.94
23-Aug-07 1100.15 1123.09 1156.40
24-Aug-07 1097.7 1119.45 1152.10
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27-Aug-07 1119.6 1115.10 1147.49
28-Aug-07 1150.6 1114.68 1143.39
29-Aug-07 1162.55 1117.35 1140.20
30-Aug-07 1180.6 1121.10 1138.68
31-Aug-07 1171.7 1123.10 1138.77
3-Sep-07 1176.4 1129.97 1139.09
4-Sep-07 1176.45 1139.00 1138.08
5-Sep-07 1172.45 1144.13 1138.54
6-Sep-07 1184.6 1150.85 1139.89
7-Sep-07 1196.55 1157.45 1141.62
10-Sep-07 1196.1 1165.44 1144.27
11-Sep-07 1187.8 1172.95 1146.20
12-Sep-07 1182.15 1178.16 1146.63
13-Sep-07 1213.5 1183.40 1149.04
14-Sep-07 1232.7 1189.25 1153.30
17-Sep-07 1226.15 1193.05 1157.07
18-Sep-07 1231.15 1198.00 1160.55
19-Sep-07 1324.3 1210.33 1170.15
20-Sep-07 1326.2 1222.80 1180.90
21-Sep-07 1318.45 1234.97 1189.55
24-Sep-07 1346.5 1248.46 1199.66
25-Sep-07 1396.35 1265.11 1211.28
26-Sep-07 1375.7 1280.08 1222.76
27-Sep-07 1433 1300.51 1236.73
28-Sep-07 1435.6 1321.63 1249.90
1-Oct-07 1411.65 1338.15 1260.78
3-Oct-07 1424.8 1354.15 1271.70
4-Oct-07 1409.7 1369.45 1281.25
5-Oct-07 1403.15 1383.78 1290.89
8-Oct-07 1407.35 1390.70 1300.51
9-Oct-07 1421.15 1398.62 1310.71
10-Oct-07 1416.95 1406.83 1320.90
11-Oct-07 1460.7 1416.34 1332.40
12-Oct-07 1432.7 1419.37 1342.24
15-Oct-07 1499.2 1429.66 1354.87
16-Oct-07 1507.75 1435.89 1368.20
17-Oct-07 1462.75 1438.15 1379.89
18-Oct-07 1388.2 1436.20 1387.17
19-Oct-07 1366.35 1431.33 1392.74
22-Oct-07 1371.9 1428.18 1398.81
23-Oct-07 1488.2 1435.27 1409.53
24-Oct-07 1513.95 1444.15 1417.43
25-Oct-07 1554 1455.22 1426.92
26-Oct-07 1546.5 1466.02 1436.42
29-Oct-07 1646.95 1481.54 1448.94
30-Oct-07 1620.55 1497.19 1458.28
31-Oct-07 1653.4 1510.04 1469.85
1-Nov-07 1690.2 1525.25 1480.57
2-Nov-07 1770.5 1550.89 1494.52
5-Nov-07 1716.05 1578.21 1507.21
6-Nov-07 1708.2 1606.70 1519.01
7-Nov-07 1616.85 1627.11 1527.65
8-Nov-07 1555.35 1632.71 1533.99
9-Nov-07 1536.25 1634.57 1539.36
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12-Nov-07 1477.35 1628.18 1541.70
13-Nov-07 1574.2 1630.49 1548.25
14-Nov-07 1752.3 1639.27 1560.40
15-Nov-07 1700.45 1645.93 1571.56
16-Nov-07 1687.1 1648.73 1579.39
19-Nov-07 1654.55 1645.76 1585.50
20-Nov-07 1630.3 1634.08 1592.49
21-Nov-07 1580.9 1622.82 1600.51
22-Nov-07 1591.7 1613.11 1609.90
23-Nov-07 1562.7 1608.60 1617.85
26-Nov-07 1643.35 1615.93 1624.32
27-Nov-07 1632.65 1623.96 1629.26
28-Nov-07 1606.35 1634.71 1631.45
29-Nov-07 1674.4 1643.06 1636.78
30-Nov-07 1716.15 1640.05 1639.66
3-Dec-07 1696.1 1639.69 1642.81
4-Dec-07 1701.65 1640.90 1644.82
5-Dec-07 1723.8 1646.67 1646.22
6-Dec-07 1689.95 1651.64 1642.86
7-Dec-07 1719.8 1663.22 1643.02
10-Dec-07 1687.95 1671.24 1642.17
11-Dec-07 1780.55 1689.39 1648.99
12-Dec-07 1784.05 1701.12 1658.52
13-Dec-07 1756.35 1711.43 1667.69
14-Dec-07 1724.45 1721.27 1677.99
17-Dec-07 1683.55 1722.03 1682.55
18-Dec-07 1661.75 1717.50 1678.77
19-Dec-07 1653.05 1713.91 1676.80
20-Dec-07 1642.7 1709.00 1674.95
24-Dec-07 1698.15 1706.86 1676.76
26-Dec-07 1706.75 1708.26 1679.95
27-Dec-07 1745.5 1710.40 1686.81
28-Dec-07 1730.3 1713.93 1692.58
31-Dec-07 1729.1 1709.64 1699.52
1-Jan-08 1729.5 1705.10 1703.11
2-Jan-08 1715.3 1701.68 1706.55
3-Jan-08 1694.4 1699.17 1710.22
4-Jan-08 1696.4 1700.24 1711.14
7-Jan-08 1655.4 1699.71 1708.60
8-Jan-08 1715.75 1704.94 1709.42
9-Jan-08 1744.6 1713.43 1711.21
10-Jan-08 1722 1715.42 1711.14
11-Jan-08 1764.55 1720.23 1714.25
14-Jan-08 1783.15 1723.37 1716.89
15-Jan-08 1788.95 1728.26 1721.09
16-Jan-08 1673.75 1723.65 1716.64
17-Jan-08 1643.6 1716.49 1710.79
18-Jan-08 1571 1704.46 1703.07
21-Jan-08 1507.1 1688.85 1694.01
22-Jan-08 1426.4 1666.35 1683.30
23-Jan-08 1534.3 1656.26 1677.99
24-Jan-08 1510.4 1639.15 1672.04
25-Jan-08 1608.45 1627.80 1670.62
28-Jan-08 1590.2 1616.82 1666.12
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29-Jan-08 1537.35 1597.89 1659.06
30-Jan-08 1532.95 1577.04 1650.20
31-Jan-08 1569.55 1558.75 1643.51
1-Feb-08 1571 1550.19 1636.92
4-Feb-08 1547.4 1542.18 1629.33
5-Feb-08 1512.25 1537.28 1620.87
6-Feb-08 1500.1 1536.70 1612.78
7-Feb-08 1491.8 1542.15 1604.25
8-Feb-08 1441.95 1534.45 1595.36
11-Feb-08 1410.75 1526.15 1582.65
12-Feb-08 1407.65 1509.41 1568.61
13-Feb-08 1468.5 1499.27 1558.05
14-Feb-08 1536.45 1499.20 1548.54
15-Feb-08 1562.25 1501.64 1539.34
18-Feb-08 1556.85 1500.58 1529.67
19-Feb-08 1571.9 1500.65 1525.42
20-Feb-08 1537.2 1499.80 1520.99
21-Feb-08 1540.85 1502.19 1519.73
22-Feb-08 1474.3 1500.04 1518.37
25-Feb-08 1421.75 1494.20 1518.17
26-Feb-08 1454.9 1495.28 1514.86
27-Feb-08 1452.3 1498.74 1512.44
28-Feb-08 1472.55 1504.15 1506.78
29-Feb-08 1456.75 1503.17 1501.22
3-Mar-08 1389.9 1490.96 1495.08
4-Mar-08 1351.75 1473.42 1487.53
5-Mar-08 1332.75 1454.74 1477.66
7-Mar-08 1282.25 1430.60 1465.63
10-Mar-08 1311.5 1411.80 1455.80
11-Mar-08 1333.2 1394.49 1448.34
12-Mar-08 1370.55 1385.85 1442.94
13-Mar-08 1299.15 1375.63 1434.91
14-Mar-08 1315.45 1364.01 1429.64
17-Mar-08 1226 1345.15 1421.95
18-Mar-08 1230.95 1325.02 1414.58
19-Mar-08 1272.6 1309.67 1406.42
24-Mar-08 1341.9 1305.67 1398.31
25-Mar-08 1414 1310.86 1392.14
26-Mar-08 1439.2 1319.73 1387.24
27-Mar-08 1433.2 1332.31 1381.46
28-Mar-08 1407 1340.27 1376.03
31-Mar-08 1331.25 1340.10 1367.30

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RELATIVE STRENGTH INDEX OF HDFC BANK (OF 7
DAYS)
Closing Average Average
HDFCBANK Price Gain Loss Gain Loss RS RSI
2-Apr-07 901.35
3-Apr-07 914.2 12.85
4-Apr-07 925.05 10.85
5-Apr-07 942.6 17.55
9-Apr-07 971.15 28.55
10-Apr-07 991.95 20.8
11-Apr-07 979.35 12.6 18.12 12.60 1.44 58.98
12-Apr-07 958.35 21 18.12 16.80 1.08 51.89
13-Apr-07 981.2 22.85 20.12 16.80 1.20 54.50
16-Apr-07 974.95 6.25 22.44 13.28 1.69 62.81
17-Apr-07 978.05 3.1 18.83 13.28 1.42 58.63
18-Apr-07 980.4 2.35 12.28 13.28 0.92 48.03
19-Apr-07 982.45 2.05 7.59 13.28 0.57 36.35
20-Apr-07 994.6 12.15 8.50 13.63 0.62 38.42
23-Apr-07 986.8 7.8 8.50 7.03 1.21 54.75
24-Apr-07 1013.75 26.95 9.32 7.03 1.33 57.02
25-Apr-07 1031 17.25 10.64 7.80 1.36 57.70
26-Apr-07 1034.45 3.45 10.70 7.80 1.37 57.84
27-Apr-07 1014.6 19.85 12.37 13.83 0.89 47.22
30-Apr-07 1024.15 9.55 13.87 13.83 1.00 50.08
3-May-07 1004.6 19.55 14.30 15.73 0.91 47.61
4-May-07 1007.75 3.15 12.07 19.70 0.61 37.99
7-May-07 1000.05 7.7 8.35 15.70 0.53 34.72
8-May-07 991.3 8.75 5.38 13.96 0.39 27.83
9-May-07 994.7 3.4 5.37 13.96 0.38 27.76
10-May-07 1011.8 17.1 8.30 12.00 0.69 40.89
11-May-07 992.6 19.2 7.88 13.80 0.57 36.36
14-May-07 995.9 3.3 6.74 11.88 0.57 36.18
15-May-07 1011.05 15.15 9.74 11.88 0.82 45.04
16-May-07 1035.45 24.4 12.67 13.98 0.91 47.55
17-May-07 1042.05 6.6 11.66 19.20 0.61 37.78
18-May-07 1070.3 28.25 15.80 19.20 0.82 45.14
21-May-07 1106.8 36.5 19.03 19.20 0.99 49.78
22-May-07 1115.1 8.3 17.50 0.00 0.00 0.00
23-May-07 1114.65 0.45 19.87 0.45 44.15 97.79
24-May-07 1091.15 23.5 20.81 11.97 1.74 63.47
25-May-07 1069.2 21.95 19.91 15.30 1.30 56.55
28-May-07 1127.15 57.95 32.75 15.30 2.14 68.16
29-May-07 1144.4 17.25 30.00 15.30 1.96 66.23
30-May-07 1104.05 40.35 27.83 21.56 1.29 56.35
31-May-07 1147.6 43.55 39.58 21.56 1.84 64.74
1-Jun-07 1153.45 5.85 31.15 28.60 1.09 52.13
4-Jun-07 1168.4 14.95 27.91 31.15 0.90 47.26
5-Jun-07 1159.6 8.8 27.91 24.58 1.14 53.18
6-Jun-07 1127.2 32.4 20.40 27.18 0.75 42.87
7-Jun-07 1105.55 21.65 21.45 25.80 0.83 45.40
8-Jun-07 1090.95 14.6 21.45 19.36 1.11 52.56
11-Jun-07 1097.35 6.4 9.07 19.36 0.47 31.89
12-Jun-07 1088.15 9.2 10.68 17.33 0.62 38.12
____________________________________________________________
BABASAB PATIL 36
IL & FS INVESTSMART SECURITIES LTD
_______________________________________________________________
13-Jun-07 1082.9 5.25 6.40 15.32 0.42 29.47
14-Jun-07 1096.4 13.5 9.95 16.62 0.60 37.45
15-Jun-07 1110.35 13.95 11.28 12.68 0.89 47.10
18-Jun-07 1088.45 21.9 11.28 12.74 0.89 46.97
19-Jun-07 1099.95 11.5 11.34 12.12 0.94 48.34
20-Jun-07 1100.05 0.1 9.76 12.12 0.81 44.62
21-Jun-07 1101.8 1.75 8.16 13.57 0.60 37.54
22-Jun-07 1103 1.2 7.00 21.90 0.32 24.22
25-Jun-07 1099.8 3.2 5.70 12.55 0.45 31.23
26-Jun-07 1098.7 1.1 3.64 8.73 0.42 29.40
27-Jun-07 1090.35 8.35 3.64 4.22 0.86 46.31
28-Jun-07 1097.3 6.95 2.50 4.22 0.59 37.22
29-Jun-07 1146.75 49.45 14.84 4.22 3.52 77.87
2-Jul-07 1147.55 0.8 14.60 4.22 3.46 77.59
3-Jul-07 1150.5 2.95 15.04 4.22 3.57 78.10
4-Jul-07 1150.75 0.25 12.08 4.73 2.56 71.88
5-Jul-07 1129.1 21.65 12.08 15.00 0.81 44.61
6-Jul-07 1158.3 29.2 14.93 21.65 0.69 40.82
9-Jul-07 1167.6 9.3 15.33 21.65 0.71 41.45
10-Jul-07 1149.3 18.3 8.50 19.98 0.43 29.85
11-Jul-07 1148.75 0.55 10.43 13.50 0.77 43.57
12-Jul-07 1201.45 52.7 22.86 13.50 1.69 62.87
13-Jul-07 1226.4 24.95 29.04 13.50 2.15 68.26
16-Jul-07 1217.65 8.75 29.04 9.20 3.16 75.94
17-Jul-07 1199.3 18.35 28.98 11.49 2.52 71.62
18-Jul-07 1200.05 0.75 26.13 11.49 2.27 69.47
19-Jul-07 1209.25 9.2 21.90 9.22 2.38 70.38
20-Jul-07 1200.9 8.35 21.90 11.82 1.85 64.95
23-Jul-07 1230.3 29.4 16.08 11.82 1.36 57.63
24-Jul-07 1248.9 18.6 14.49 11.82 1.23 55.08
25-Jul-07 1239.05 9.85 14.49 12.18 1.19 54.32
26-Jul-07 1217.25 21.8 14.49 13.33 1.09 52.07
27-Jul-07 1169.35 47.9 19.07 21.98 0.87 46.46
30-Jul-07 1168.85 0.5 24.00 17.68 1.36 57.58
31-Jul-07 1200.6 31.75 26.58 20.01 1.33 57.05
1-Aug-07 1161.35 39.25 25.18 23.86 1.06 51.34
2-Aug-07 1152.4 8.95 31.75 21.38 1.49 59.76
3-Aug-07 1155 2.6 17.18 23.68 0.73 42.04
6-Aug-07 1132.5 22.5 17.18 23.82 0.72 41.90
7-Aug-07 1141.4 8.9 14.42 17.80 0.81 44.75
8-Aug-07 1171.75 30.35 18.40 23.57 0.78 43.84
9-Aug-07 1155.65 16.1 13.95 21.70 0.64 39.13
10-Aug-07 1130.5 25.15 13.95 18.18 0.77 43.42
13-Aug-07 1135.65 5.15 11.75 21.25 0.55 35.61
14-Aug-07 1147.65 12 14.10 21.25 0.66 39.89
16-Aug-07 1094 53.65 14.10 31.63 0.45 30.83
17-Aug-07 1068.1 25.9 15.83 30.20 0.52 34.40
20-Aug-07 1110.9 42.8 19.98 30.20 0.66 39.82
21-Aug-07 1103.95 6.95 19.98 27.91 0.72 41.72
22-Aug-07 1117.4 13.45 18.35 28.83 0.64 38.89
23-Aug-07 1100.15 17.25 22.75 25.94 0.88 46.73
24-Aug-07 1097.7 2.45 28.13 21.24 1.32 56.97
27-Aug-07 1119.6 21.9 26.05 13.14 1.98 66.48
28-Aug-07 1150.6 31 27.29 8.88 3.07 75.44
____________________________________________________________
BABASAB PATIL 37
IL & FS INVESTSMART SECURITIES LTD
_______________________________________________________________
29-Aug-07 1162.55 11.95 19.58 8.88 2.20 68.78
30-Aug-07 1180.6 18.05 19.27 9.85 1.96 66.17
31-Aug-07 1171.7 8.9 20.73 9.53 2.17 68.49
3-Sep-07 1176.4 4.7 17.52 5.67 3.09 75.53
4-Sep-07 1176.45 0.05 14.61 8.90 1.64 62.14
5-Sep-07 1172.45 4 13.15 6.45 2.04 67.09
6-Sep-07 1184.6 12.15 9.38 6.45 1.45 59.25
7-Sep-07 1196.55 11.95 9.38 6.45 1.45 59.25
10-Sep-07 1196.1 0.45 7.21 4.45 1.62 61.84
11-Sep-07 1187.8 8.3 7.21 4.25 1.70 62.92
12-Sep-07 1182.15 5.65 8.05 4.60 1.75 63.64
13-Sep-07 1213.5 31.35 18.48 4.60 4.02 80.07
14-Sep-07 1232.7 19.2 18.66 4.80 3.89 79.54
17-Sep-07 1226.15 6.55 20.83 5.24 3.98 79.91
18-Sep-07 1231.15 5 18.52 5.24 3.54 77.95
19-Sep-07 1324.3 93.15 37.18 6.83 5.44 84.47
20-Sep-07 1326.2 1.9 30.12 6.10 4.94 83.16
21-Sep-07 1318.45 7.75 30.12 7.15 4.21 80.82
24-Sep-07 1346.5 28.05 29.46 7.15 4.12 80.47
25-Sep-07 1396.35 49.85 35.59 7.15 4.98 83.27
26-Sep-07 1375.7 20.65 35.59 14.20 2.51 71.48
27-Sep-07 1433 57.3 46.05 14.20 3.24 76.43
28-Sep-07 1435.6 2.6 27.94 14.20 1.97 66.30
1-Oct-07 1411.65 23.95 34.45 17.45 1.97 66.38
3-Oct-07 1424.8 13.15 30.19 22.30 1.35 57.52
4-Oct-07 1409.7 15.1 30.72 19.90 1.54 60.69
5-Oct-07 1403.15 6.55 24.35 16.56 1.47 59.52
8-Oct-07 1407.35 4.2 19.31 15.20 1.27 55.96
9-Oct-07 1421.15 13.8 8.44 15.20 0.56 35.70
10-Oct-07 1416.95 4.2 10.38 12.45 0.83 45.47
11-Oct-07 1460.7 43.75 18.73 8.62 2.17 68.49
12-Oct-07 1432.7 28 20.58 13.46 1.53 60.46
15-Oct-07 1499.2 66.5 32.06 12.92 2.48 71.28
16-Oct-07 1507.75 8.55 27.36 16.10 1.70 62.95
17-Oct-07 1462.75 45 33.15 25.73 1.29 56.30
18-Oct-07 1388.2 74.55 39.60 37.94 1.04 51.07
19-Oct-07 1366.35 21.85 39.60 42.35 0.94 48.32
22-Oct-07 1371.9 5.55 26.87 42.35 0.63 38.82
23-Oct-07 1488.2 116.3 49.23 47.13 1.04 51.09
24-Oct-07 1513.95 25.75 39.04 47.13 0.83 45.30
25-Oct-07 1554 40.05 46.91 47.13 1.00 49.88
26-Oct-07 1546.5 7.5 46.91 34.63 1.35 57.53
29-Oct-07 1646.95 100.45 57.62 14.68 3.93 79.70
30-Oct-07 1620.55 26.4 57.62 16.95 3.40 77.27
31-Oct-07 1653.4 32.85 63.08 16.95 3.72 78.82
1-Nov-07 1690.2 36.8 47.18 16.95 2.78 73.57
2-Nov-07 1770.5 80.3 58.09 16.95 3.43 77.41
5-Nov-07 1716.05 54.45 62.60 29.45 2.13 68.01
6-Nov-07 1708.2 7.85 62.60 29.57 2.12 67.92
7-Nov-07 1616.85 91.35 49.98 45.01 1.11 52.62
8-Nov-07 1555.35 61.5 49.98 53.79 0.93 48.17
9-Nov-07 1536.25 19.1 58.55 46.85 1.25 55.55
12-Nov-07 1477.35 58.9 80.30 48.86 1.64 62.17
13-Nov-07 1574.2 96.85 96.85 48.86 1.98 66.47
____________________________________________________________
BABASAB PATIL 38
IL & FS INVESTSMART SECURITIES LTD
_______________________________________________________________
14-Nov-07 1752.3 178.1 137.48 47.74 2.88 74.22
15-Nov-07 1700.45 51.85 137.48 56.54 2.43 70.86
16-Nov-07 1687.1 13.35 137.48 40.94 3.36 77.05
19-Nov-07 1654.55 32.55 137.48 35.15 3.91 79.64
20-Nov-07 1630.3 24.25 137.48 36.18 3.80 79.17
21-Nov-07 1580.9 49.4 137.48 34.28 4.01 80.04
22-Nov-07 1591.7 10.8 94.45 34.28 2.76 73.37
23-Nov-07 1562.7 29 10.80 33.40 0.32 24.43
26-Nov-07 1643.35 80.65 45.72 29.71 1.54 60.62
27-Nov-07 1632.65 10.7 45.72 29.18 1.57 61.04
28-Nov-07 1606.35 26.3 45.72 27.93 1.64 62.08
29-Nov-07 1674.4 68.05 53.17 28.85 1.84 64.82
30-Nov-07 1716.15 41.75 50.31 22.00 2.29 69.58
3-Dec-07 1696.1 20.05 63.48 21.51 2.95 74.69
4-Dec-07 1701.65 5.55 49.00 19.02 2.58 72.04
5-Dec-07 1723.8 22.15 34.38 19.02 1.81 64.38
6-Dec-07 1689.95 33.85 34.38 26.73 1.29 56.25
7-Dec-07 1719.8 29.85 33.47 26.95 1.24 55.40
10-Dec-07 1687.95 31.85 24.83 28.58 0.87 46.48
11-Dec-07 1780.55 92.6 37.54 28.58 1.31 56.77
12-Dec-07 1784.05 3.5 30.73 32.85 0.94 48.33
13-Dec-07 1756.35 27.7 37.02 31.13 1.19 54.32
14-Dec-07 1724.45 31.9 41.98 31.32 1.34 57.27
17-Dec-07 1683.55 40.9 41.98 33.09 1.27 55.92
18-Dec-07 1661.75 21.8 48.05 30.83 1.56 60.92
19-Dec-07 1653.05 8.7 48.05 26.20 1.83 64.71
20-Dec-07 1642.7 10.35 3.50 23.56 0.15 12.94
24-Dec-07 1698.15 55.45 55.45 23.56 2.35 70.18
26-Dec-07 1706.75 8.6 32.03 22.73 1.41 58.49
27-Dec-07 1745.5 38.75 34.27 20.44 1.68 62.64
28-Dec-07 1730.3 15.2 34.27 14.01 2.45 70.98
31-Dec-07 1729.1 1.2 34.27 8.86 3.87 79.45
1-Jan-08 1729.5 0.4 25.80 8.92 2.89 74.32
2-Jan-08 1715.3 14.2 25.80 10.20 2.53 71.67
3-Jan-08 1694.4 20.9 15.92 12.88 1.24 55.28
4-Jan-08 1696.4 2 13.72 12.88 1.07 51.58
7-Jan-08 1655.4 41 1.20 18.50 0.06 6.09
8-Jan-08 1715.75 60.35 20.92 19.33 1.08 51.98
9-Jan-08 1744.6 28.85 22.90 25.37 0.90 47.44
10-Jan-08 1722 22.6 30.40 24.68 1.23 55.20
11-Jan-08 1764.55 42.55 33.44 28.17 1.19 54.28
14-Jan-08 1783.15 18.6 30.47 31.80 0.96 48.93
15-Jan-08 1788.95 5.8 31.23 31.80 0.98 49.55
16-Jan-08 1673.75 115.2 31.23 68.90 0.45 31.19
17-Jan-08 1643.6 30.15 23.95 55.98 0.43 29.96
18-Jan-08 1571 72.6 22.32 60.14 0.37 27.07
21-Jan-08 1507.1 63.9 22.32 70.46 0.32 24.05
22-Jan-08 1426.4 80.7 12.20 72.51 0.17 14.40
23-Jan-08 1534.3 107.9 56.85 72.51 0.78 43.95
24-Jan-08 1510.4 23.9 107.90 64.41 1.68 62.62
25-Jan-08 1608.45 98.05 102.98 54.25 1.90 65.50
28-Jan-08 1590.2 18.25 102.98 51.87 1.99 66.50
29-Jan-08 1537.35 52.85 102.98 47.92 2.15 68.24
30-Jan-08 1532.95 4.4 102.98 36.02 2.86 74.09
____________________________________________________________
BABASAB PATIL 39
IL & FS INVESTSMART SECURITIES LTD
_______________________________________________________________
31-Jan-08 1569.55 36.6 80.85 24.85 3.25 76.49
1-Feb-08 1571 1.45 45.37 24.85 1.83 64.61
4-Feb-08 1547.4 23.6 45.37 24.78 1.83 64.68
5-Feb-08 1512.25 35.15 19.03 26.85 0.71 41.47
6-Feb-08 1500.1 12.15 19.03 25.63 0.74 42.60
7-Feb-08 1491.8 8.3 19.03 16.72 1.14 53.22
8-Feb-08 1441.95 49.85 19.03 25.81 0.74 42.43
11-Feb-08 1410.75 31.2 1.45 26.71 0.05 5.15
12-Feb-08 1407.65 3.1 0.00 23.34 0.00 0.00
13-Feb-08 1468.5 60.85 60.85 23.29 2.61 72.32
14-Feb-08 1536.45 67.95 64.40 20.92 3.08 75.48
15-Feb-08 1562.25 25.8 51.53 23.11 2.23 69.04
18-Feb-08 1556.85 5.4 51.53 22.39 2.30 69.71
19-Feb-08 1571.9 15.05 42.41 13.23 3.20 76.22
20-Feb-08 1537.2 34.7 42.41 14.40 2.95 74.65
21-Feb-08 1540.85 3.65 34.66 20.05 1.73 63.35
22-Feb-08 1474.3 66.55 28.11 35.55 0.79 44.16
25-Feb-08 1421.75 52.55 14.83 39.80 0.37 27.15
26-Feb-08 1454.9 33.15 17.28 39.80 0.43 30.28
27-Feb-08 1452.3 2.6 17.28 39.10 0.44 30.65
28-Feb-08 1472.55 20.25 19.02 39.10 0.49 32.72
29-Feb-08 1456.75 15.8 19.02 34.38 0.55 35.62
3-Mar-08 1389.9 66.85 26.70 40.87 0.65 39.51
4-Mar-08 1351.75 38.15 26.70 35.19 0.76 43.14
5-Mar-08 1332.75 19 26.70 28.48 0.94 48.39
7-Mar-08 1282.25 50.5 20.25 32.15 0.63 38.65
10-Mar-08 1311.5 29.25 24.75 38.06 0.65 39.40
11-Mar-08 1333.2 21.7 25.48 38.06 0.67 40.10
12-Mar-08 1370.55 37.35 29.43 43.63 0.67 40.29
13-Mar-08 1299.15 71.4 29.43 44.76 0.66 39.67
14-Mar-08 1315.45 16.3 26.15 46.97 0.56 35.76
17-Mar-08 1226 89.45 26.15 70.45 0.37 27.07
18-Mar-08 1230.95 4.95 21.91 80.43 0.27 21.41
19-Mar-08 1272.6 41.65 24.39 80.43 0.30 23.27
24-Mar-08 1341.9 69.3 33.91 80.43 0.42 29.66
25-Mar-08 1414 72.1 40.86 80.43 0.51 33.69
26-Mar-08 1439.2 25.2 38.25 89.45 0.43 29.95
27-Mar-08 1433.2 6 42.64 47.73 0.89 47.19
28-Mar-08 1407 26.2 42.64 16.10 2.65 72.59
31-Mar-08 1331.25 75.75 52.06 35.98 1.45 59.13

____________________________________________________________
BABASAB PATIL 40
IL & FS INVESTSMART SECURITIES LTD
_______________________________________________________________
RATE OF CHANGE OF HDFC BANK (7 DAYS)
Closing
HDFCBANK Price ROC
2-Apr-07 901.35
3-Apr-07 914.2
4-Apr-07 925.05
5-Apr-07 942.6
9-Apr-07 971.15
10-Apr-07 991.95
11-Apr-07 979.35 8.65
12-Apr-07 958.35 4.83
13-Apr-07 981.2 6.07
16-Apr-07 974.95 3.43
17-Apr-07 978.05 0.71
18-Apr-07 980.4 -1.16
19-Apr-07 982.45 0.32
20-Apr-07 994.6 3.78
23-Apr-07 986.8 0.57
24-Apr-07 1013.75 3.98
25-Apr-07 1031 5.41
26-Apr-07 1034.45 5.51
27-Apr-07 1014.6 3.27
30-Apr-07 1024.15 2.97
3-May-07 1004.6 1.80
4-May-07 1007.75 -0.59
7-May-07 1000.05 -3.00
8-May-07 991.3 -4.17
9-May-07 994.7 -1.96
10-May-07 1011.8 -1.21
11-May-07 992.6 -1.19
14-May-07 995.9 -1.18
15-May-07 1011.05 1.10
16-May-07 1035.45 4.45
17-May-07 1042.05 4.76
18-May-07 1070.3 5.78
21-May-07 1106.8 11.51
22-May-07 1115.1 11.97
23-May-07 1114.65 10.25
24-May-07 1091.15 5.38
25-May-07 1069.2 2.61
28-May-07 1127.15 5.31
29-May-07 1144.4 3.40
30-May-07 1104.05 -0.99
31-May-07 1147.6 2.96
1-Jun-07 1153.45 5.71
4-Jun-07 1168.4 9.28
5-Jun-07 1159.6 2.88
6-Jun-07 1127.2 -1.50
7-Jun-07 1105.55 0.14
8-Jun-07 1090.95 -4.94
11-Jun-07 1097.35 -4.86
12-Jun-07 1088.15 -6.87
13-Jun-07 1082.9 -6.61

____________________________________________________________
BABASAB PATIL 41
IL & FS INVESTSMART SECURITIES LTD
_______________________________________________________________
14-Jun-07 1096.4 -2.73
15-Jun-07 1110.35 0.43
18-Jun-07 1088.45 -0.23
19-Jun-07 1099.95 0.24
20-Jun-07 1100.05 1.09
21-Jun-07 1101.8 1.75
22-Jun-07 1103 0.60
25-Jun-07 1099.8 -0.95
26-Jun-07 1098.7 0.94
27-Jun-07 1090.35 -0.87
28-Jun-07 1097.3 -0.25
29-Jun-07 1146.75 4.08
2-Jul-07 1147.55 4.04
3-Jul-07 1150.5 4.61
4-Jul-07 1150.75 4.74
5-Jul-07 1129.1 3.55
6-Jul-07 1158.3 5.56
9-Jul-07 1167.6 1.82
10-Jul-07 1149.3 0.15
11-Jul-07 1148.75 -0.15
12-Jul-07 1201.45 4.41
13-Jul-07 1226.4 8.62
16-Jul-07 1217.65 5.12
17-Jul-07 1199.3 2.71
18-Jul-07 1200.05 4.42
19-Jul-07 1209.25 5.27
20-Jul-07 1200.9 -0.05
23-Jul-07 1230.3 0.32
24-Jul-07 1248.9 2.57
25-Jul-07 1239.05 3.31
26-Jul-07 1217.25 1.43
27-Jul-07 1169.35 -3.30
30-Jul-07 1168.85 -2.67
31-Jul-07 1200.6 -2.41
1-Aug-07 1161.35 -7.01
2-Aug-07 1152.4 -6.99
3-Aug-07 1155 -5.11
6-Aug-07 1132.5 -3.15
7-Aug-07 1141.4 -2.35
8-Aug-07 1171.75 -2.40
9-Aug-07 1155.65 -0.49
10-Aug-07 1130.5 -1.90
13-Aug-07 1135.65 -1.68
14-Aug-07 1147.65 1.34
16-Aug-07 1094 -4.15
17-Aug-07 1068.1 -8.85
20-Aug-07 1110.9 -3.87
21-Aug-07 1103.95 -2.35
22-Aug-07 1117.4 -1.61
23-Aug-07 1100.15 -4.14
24-Aug-07 1097.7 0.34
27-Aug-07 1119.6 4.82
28-Aug-07 1150.6 3.57
29-Aug-07 1162.55 5.31
____________________________________________________________
BABASAB PATIL 42
IL & FS INVESTSMART SECURITIES LTD
_______________________________________________________________
30-Aug-07 1180.6 5.66
31-Aug-07 1171.7 6.50
3-Sep-07 1176.4 7.17
4-Sep-07 1176.45 5.08
5-Sep-07 1172.45 1.90
6-Sep-07 1184.6 1.90
7-Sep-07 1196.55 1.35
10-Sep-07 1196.1 2.08
11-Sep-07 1187.8 0.97
12-Sep-07 1182.15 0.48
13-Sep-07 1213.5 3.50
14-Sep-07 1232.7 4.06
17-Sep-07 1226.15 2.47
18-Sep-07 1231.15 2.93
19-Sep-07 1324.3 11.49
20-Sep-07 1326.2 12.19
21-Sep-07 1318.45 8.65
24-Sep-07 1346.5 9.23
25-Sep-07 1396.35 13.88
26-Sep-07 1375.7 11.74
27-Sep-07 1433 8.21
28-Sep-07 1435.6 8.25
1-Oct-07 1411.65 7.07
3-Oct-07 1424.8 5.82
4-Oct-07 1409.7 0.96
5-Oct-07 1403.15 2.00
8-Oct-07 1407.35 -1.79
9-Oct-07 1421.15 -1.01
10-Oct-07 1416.95 0.38
11-Oct-07 1460.7 2.52
12-Oct-07 1432.7 1.63
15-Oct-07 1499.2 6.85
16-Oct-07 1507.75 7.13
17-Oct-07 1462.75 2.93
18-Oct-07 1388.2 -2.03
19-Oct-07 1366.35 -6.46
22-Oct-07 1371.9 -4.24
23-Oct-07 1488.2 -0.73
24-Oct-07 1513.95 0.41
25-Oct-07 1554 6.24
26-Oct-07 1546.5 11.40
29-Oct-07 1646.95 20.54
30-Oct-07 1620.55 18.12
31-Oct-07 1653.4 11.10
1-Nov-07 1690.2 11.64
2-Nov-07 1770.5 13.93
5-Nov-07 1716.05 10.96
6-Nov-07 1708.2 3.72
7-Nov-07 1616.85 -0.23
8-Nov-07 1555.35 -5.93
9-Nov-07 1536.25 -9.11
12-Nov-07 1477.35 -16.56
13-Nov-07 1574.2 -8.27
14-Nov-07 1752.3 2.58
____________________________________________________________
BABASAB PATIL 43
IL & FS INVESTSMART SECURITIES LTD
_______________________________________________________________
15-Nov-07 1700.45 5.17
16-Nov-07 1687.1 8.47
19-Nov-07 1654.55 7.70
20-Nov-07 1630.3 10.35
21-Nov-07 1580.9 0.43
22-Nov-07 1591.7 -9.17
23-Nov-07 1562.7 -8.10
26-Nov-07 1643.35 -2.59
27-Nov-07 1632.65 -1.32
28-Nov-07 1606.35 -1.47
29-Nov-07 1674.4 5.91
30-Nov-07 1716.15 7.82
3-Dec-07 1696.1 8.54
4-Dec-07 1701.65 3.55
5-Dec-07 1723.8 5.58
6-Dec-07 1689.95 5.20
7-Dec-07 1719.8 2.71
10-Dec-07 1687.95 -1.64
11-Dec-07 1780.55 4.98
12-Dec-07 1784.05 4.84
13-Dec-07 1756.35 1.89
14-Dec-07 1724.45 2.04
17-Dec-07 1683.55 -2.11
18-Dec-07 1661.75 -1.55
19-Dec-07 1653.05 -7.16
20-Dec-07 1642.7 -7.92
24-Dec-07 1698.15 -3.31
26-Dec-07 1706.75 -1.03
27-Dec-07 1745.5 3.68
28-Dec-07 1730.3 4.13
31-Dec-07 1729.1 4.60
1-Jan-08 1729.5 5.28
2-Jan-08 1715.3 1.01
3-Jan-08 1694.4 -0.72
4-Jan-08 1696.4 -2.81
7-Jan-08 1655.4 -4.33
8-Jan-08 1715.75 -0.77
9-Jan-08 1744.6 0.87
10-Jan-08 1722 0.39
11-Jan-08 1764.55 4.14
14-Jan-08 1783.15 5.11
15-Jan-08 1788.95 8.07
16-Jan-08 1673.75 -2.45
17-Jan-08 1643.6 -5.79
18-Jan-08 1571 -8.77
21-Jan-08 1507.1 -14.59
22-Jan-08 1426.4 -20.01
23-Jan-08 1534.3 -14.23
24-Jan-08 1510.4 -9.76
25-Jan-08 1608.45 -2.14
28-Jan-08 1590.2 1.22
29-Jan-08 1537.35 2.01
30-Jan-08 1532.95 7.47
31-Jan-08 1569.55 2.30
____________________________________________________________
BABASAB PATIL 44
IL & FS INVESTSMART SECURITIES LTD
_______________________________________________________________
1-Feb-08 1571 4.01
4-Feb-08 1547.4 -3.80
5-Feb-08 1512.25 -4.90
6-Feb-08 1500.1 -2.42
7-Feb-08 1491.8 -2.68
8-Feb-08 1441.95 -8.13
11-Feb-08 1410.75 -10.20
12-Feb-08 1407.65 -9.03
13-Feb-08 1468.5 -2.89
14-Feb-08 1536.45 2.42
15-Feb-08 1562.25 4.72
18-Feb-08 1556.85 7.97
19-Feb-08 1571.9 11.42
20-Feb-08 1537.2 9.20
21-Feb-08 1540.85 4.93
22-Feb-08 1474.3 -4.05
25-Feb-08 1421.75 -8.99
26-Feb-08 1454.9 -6.55
27-Feb-08 1452.3 -7.61
28-Feb-08 1472.55 -4.21
29-Feb-08 1456.75 -5.46
3-Mar-08 1389.9 -5.72
4-Mar-08 1351.75 -4.92
5-Mar-08 1332.75 -8.40
7-Mar-08 1282.25 -11.71
10-Mar-08 1311.5 -10.94
11-Mar-08 1333.2 -8.48
12-Mar-08 1370.55 -1.39
13-Mar-08 1299.15 -3.89
14-Mar-08 1315.45 -1.30
17-Mar-08 1226 -4.39
18-Mar-08 1230.95 -6.14
19-Mar-08 1272.6 -4.55
24-Mar-08 1341.9 -2.09
25-Mar-08 1414 8.84
26-Mar-08 1439.2 9.41
27-Mar-08 1433.2 16.90
28-Mar-08 1407 14.30
31-Mar-08 1331.25 4.61

____________________________________________________________
BABASAB PATIL 45
IL & FS INVESTSMART SECURITIES LTD
_______________________________________________________________

TECHNICAL ANALYSIS OF ICICI BANK


12 Days & 24 Days Moving Average of ICICI BANK
Close 12 24
ICICIBANK Price Days Days
2-Apr-07 803.95
3-Apr-07 807.9
4-Apr-07 820.95
5-Apr-07 838.65
9-Apr-07 858.25
10-Apr-07 857.75
11-Apr-07 859.5
12-Apr-07 849.25
13-Apr-07 873.45
16-Apr-07 888.25
17-Apr-07 894
18-Apr-07 898.95 854.24
19-Apr-07 905.15 862.67
20-Apr-07 916.7 871.74
23-Apr-07 917.55 879.79
24-Apr-07 950.1 889.08
25-Apr-07 962.9 897.80 876.66
26-Apr-07 961.45 906.44 885.93
27-Apr-07 935.15 912.74 893.41
30-Apr-07 865.85 914.13 896.05
3-May-07 869.9 913.83 897.89
4-May-07 855.85 911.13 897.75
7-May-07 843.75 906.94 896.93
8-May-07 839.8 902.01 895.77
9-May-07 849.35 897.36 895.77
10-May-07 842.95 891.22 893.98
11-May-07 848.45 885.46 891.64
14-May-07 870.4 878.82 890.25
15-May-07 886.85 872.48 889.54
16-May-07 918.6 868.91 890.33
17-May-07 938.05 869.15 891.59
18-May-07 951.15 876.26 893.56
21-May-07 943 882.35 893.14
22-May-07 928.55 888.41 891.12
23-May-07 917.85 894.58 888.56
24-May-07 911.3 900.54 887.16
25-May-07 912.7 905.82 889.91
28-May-07 922.8 912.48 893.02
29-May-07 920.6 918.49 896.83
30-May-07 913.65 922.09 900.94
31-May-07 919.15 924.78 905.61
1-Jun-07 930.45 925.77 910.38
4-Jun-07 933.35 925.38 915.70
5-Jun-07 939.05 924.37 921.03
6-Jun-07 911.2 921.72 923.43
7-Jun-07 909.1 920.10 924.74
8-Jun-07 903.45 918.90 923.85
11-Jun-07 901.95 918.12 921.72

____________________________________________________________
BABASAB PATIL 46
IL & FS INVESTSMART SECURITIES LTD
_______________________________________________________________
12-Jun-07 919.35 918.68 919.85
13-Jun-07 913.95 917.94 918.14
14-Jun-07 905.85 916.71 916.81
15-Jun-07 908.7 916.30 916.27
18-Jun-07 918.75 916.26 916.71
19-Jun-07 945.15 917.49 918.62
20-Jun-07 948.15 918.72 920.11
21-Jun-07 949.95 919.63 921.84
22-Jun-07 954.55 923.24 924.24
25-Jun-07 952.6 926.87 926.21
26-Jun-07 945.9 930.40 927.12
27-Jun-07 938.05 933.41 927.39
28-Jun-07 942.85 935.37 927.62
29-Jun-07 955.45 938.83 930.22
2-Jul-07 950.2 942.53 932.64
3-Jul-07 966.7 947.36 936.36
4-Jul-07 985.95 952.96 941.30
5-Jul-07 1003.65 957.83 946.26
6-Jul-07 981.5 960.61 950.23
9-Jul-07 970.7 962.34 954.05
10-Jul-07 963.95 963.13 957.30
11-Jul-07 953.55 963.20 959.34
12-Jul-07 967.65 965.02 960.67
13-Jul-07 972.5 967.89 962.10
16-Jul-07 970.9 970.23 963.33
17-Jul-07 973.7 971.75 964.46
18-Jul-07 983.35 974.51 966.27
19-Jul-07 989.6 976.42 968.84
20-Jul-07 985.85 976.41 971.65
23-Jul-07 970.1 973.61 973.25
24-Jul-07 969.65 972.63 974.09
25-Jul-07 958.4 971.60 974.57
26-Jul-07 944.55 969.98 973.27
27-Jul-07 914.4 966.72 969.06
30-Jul-07 923 963.00 964.31
31-Jul-07 927.45 959.25 961.14
1-Aug-07 891 952.59 956.45
2-Aug-07 901.4 946.56 952.77
3-Aug-07 915.5 940.91 950.53
6-Aug-07 886.9 932.35 945.78
7-Aug-07 869.9 922.69 939.74
8-Aug-07 884 915.51 934.63
9-Aug-07 889.7 908.85 929.69
10-Aug-07 864.1 900.99 922.68
13-Aug-07 873.85 895.10 915.87
14-Aug-07 878.65 892.12 909.56
16-Aug-07 832.15 884.55 901.45
17-Aug-07 824.7 875.99 892.92
20-Aug-07 872.35 874.43 887.86
21-Aug-07 829.05 868.40 881.06
22-Aug-07 846.1 862.62 877.05
23-Aug-07 824.95 857.46 871.28
24-Aug-07 833.8 854.45 865.77
27-Aug-07 883.55 854.41 865.33
____________________________________________________________
BABASAB PATIL 47
IL & FS INVESTSMART SECURITIES LTD
_______________________________________________________________
28-Aug-07 862.9 852.18 863.07
29-Aug-07 857.1 851.60 859.63
30-Aug-07 873.05 851.53 858.82
31-Aug-07 888.4 852.34 859.91
3-Sep-07 907.9 858.65 861.31
4-Sep-07 908.6 865.65 862.42
5-Sep-07 915.4 869.23 865.44
6-Sep-07 920.9 876.89 868.21
7-Sep-07 920.05 883.05 870.64
10-Sep-07 910.9 890.21 875.28
11-Sep-07 901.55 895.86 879.80
12-Sep-07 885.35 896.01 880.56
13-Sep-07 884.05 897.77 883.80
14-Sep-07 906.3 901.87 887.34
17-Sep-07 895.15 903.71 891.47
18-Sep-07 924.55 906.73 896.81
19-Sep-07 973.55 912.20 902.10
20-Sep-07 967.1 917.07 908.23
21-Sep-07 966.05 921.29 914.64
24-Sep-07 996.3 927.58 921.89
25-Sep-07 993.05 933.66 928.04
26-Sep-07 1020 942.75 934.64
27-Sep-07 1028.25 953.31 941.68
28-Sep-07 1062.4 968.06 950.32
1-Oct-07 1057.8 982.54 958.38
3-Oct-07 1086.55 997.56 968.17
4-Oct-07 1068 1011.97 977.41
5-Oct-07 1036.4 1021.29 985.34
8-Oct-07 1021.2 1025.26 993.34
9-Oct-07 1045.65 1031.80 1002.84
10-Oct-07 1070.55 1040.51 1012.50
11-Oct-07 1091.25 1048.43 1024.04
12-Oct-07 1055 1053.59 1031.71
15-Oct-07 1097.45 1060.04 1039.00
16-Oct-07 1159.65 1070.99 1050.33
17-Oct-07 1117.1 1075.55 1059.21
18-Oct-07 1036.5 1073.78 1061.58
19-Oct-07 1022.8 1068.46 1063.33
22-Oct-07 1061.35 1067.91 1065.76
23-Oct-07 1102 1073.38 1070.10
24-Oct-07 1099.9 1079.93 1072.30
25-Oct-07 1144.65 1088.18 1077.41
26-Oct-07 1187.5 1097.93 1083.35
29-Oct-07 1240.65 1110.38 1093.51
30-Oct-07 1240.2 1125.81 1105.49
31-Oct-07 1254.05 1138.86 1119.19
1-Nov-07 1298.3 1150.42 1134.05
2-Nov-07 1333.4 1168.44 1149.51
5-Nov-07 1269.85 1187.89 1160.02
6-Nov-07 1241.8 1206.14 1171.01
7-Nov-07 1200.8 1217.76 1177.09
8-Nov-07 1169.05 1223.35 1177.64
9-Nov-07 1144.45 1227.06 1179.25
12-Nov-07 1145.35 1227.12 1185.65
____________________________________________________________
BABASAB PATIL 48
IL & FS INVESTSMART SECURITIES LTD
_______________________________________________________________
13-Nov-07 1173.7 1225.97 1194.53
14-Nov-07 1278.55 1229.13 1207.31
15-Nov-07 1241.65 1229.25 1215.52
16-Nov-07 1220.05 1226.41 1222.59
19-Nov-07 1187.7 1217.20 1225.12
20-Nov-07 1160.45 1202.78 1223.53
21-Nov-07 1106.45 1189.17 1215.64
22-Nov-07 1145.35 1181.13 1210.06
23-Nov-07 1139.4 1176.01 1203.31
26-Nov-07 1156.8 1174.99 1194.99
27-Nov-07 1132.3 1173.98 1183.16
28-Nov-07 1122.9 1172.11 1174.51
29-Nov-07 1161.75 1171.11 1169.81
30-Nov-07 1178.4 1162.77 1168.49
3-Dec-07 1162 1156.13 1168.07
4-Dec-07 1139.7 1149.43 1167.79
5-Dec-07 1164.05 1147.46 1168.89
6-Dec-07 1200.7 1150.82 1170.48
7-Dec-07 1247.6 1162.58 1168.66
10-Dec-07 1271.45 1173.09 1170.41
11-Dec-07 1314.3 1187.66 1175.96
12-Dec-07 1289.9 1198.75 1181.97
13-Dec-07 1242.85 1207.97 1186.82
14-Dec-07 1206.95 1214.97 1192.73
17-Dec-07 1166.25 1215.35 1193.96
18-Dec-07 1137.7 1211.95 1193.86
19-Dec-07 1163.4 1212.07 1194.25
20-Dec-07 1157.5 1213.55 1195.73
24-Dec-07 1205.95 1217.05 1200.61
26-Dec-07 1218.9 1218.56 1203.98
27-Dec-07 1247.25 1218.53 1208.03
28-Dec-07 1226.7 1214.80 1211.83
31-Dec-07 1238.7 1208.50 1217.66
1-Jan-08 1228.75 1203.41 1221.46
2-Jan-08 1267.25 1205.44 1225.38
3-Jan-08 1228.95 1207.28 1224.28
4-Jan-08 1286.3 1217.28 1225.15
7-Jan-08 1362.55 1236.02 1227.99
8-Jan-08 1339.95 1250.73 1230.94
9-Jan-08 1307.95 1263.27 1234.76
10-Jan-08 1356.15 1275.78 1243.54
11-Jan-08 1435 1293.79 1259.35
14-Jan-08 1410 1307.35 1275.37
15-Jan-08 1352.2 1317.81 1286.47
16-Jan-08 1368.3 1328.61 1298.87
17-Jan-08 1322.1 1336.39 1305.71
18-Jan-08 1248.85 1334.86 1307.47
21-Jan-08 1173.2 1330.21 1303.11
22-Jan-08 1124.95 1316.77 1297.13
23-Jan-08 1151.45 1299.18 1291.99
24-Jan-08 1131.85 1281.83 1286.29
25-Jan-08 1261.3 1277.95 1285.94
28-Jan-08 1273.95 1271.10 1288.59
29-Jan-08 1220.45 1253.22 1284.72
____________________________________________________________
BABASAB PATIL 49
IL & FS INVESTSMART SECURITIES LTD
_______________________________________________________________
30-Jan-08 1187.4 1234.67 1274.41
31-Jan-08 1147 1217.57 1263.06
1-Feb-08 1198.15 1203.39 1256.61
4-Feb-08 1212.25 1194.23 1248.14
5-Feb-08 1191.3 1189.44 1233.81
6-Feb-08 1152.05 1187.68 1218.63
7-Feb-08 1106.1 1186.10 1204.16
8-Feb-08 1073.9 1179.64 1186.84
11-Feb-08 1033.85 1171.48 1169.88
12-Feb-08 1067.25 1155.30 1159.20
13-Feb-08 1101.8 1140.96 1155.00
14-Feb-08 1161.85 1136.08 1157.17
15-Feb-08 1190.9 1136.37 1159.49
18-Feb-08 1209.8 1141.60 1164.08
19-Feb-08 1220.2 1143.44 1161.66
20-Feb-08 1168.3 1139.78 1155.44
21-Feb-08 1141.3 1135.61 1150.79
22-Feb-08 1099.8 1131.25 1145.64
25-Feb-08 1107.1 1131.34 1143.29
26-Feb-08 1117.85 1135.00 1138.56
27-Feb-08 1116.95 1141.93 1132.96
28-Feb-08 1105.85 1145.14 1127.93
29-Feb-08 1088.5 1144.03 1124.19
3-Mar-08 1024.6 1132.60 1119.40
4-Mar-08 971.1 1114.28 1113.35
5-Mar-08 960.15 1093.48 1109.02
7-Mar-08 893.4 1066.24 1098.79
10-Mar-08 871.85 1041.54 1085.26
11-Mar-08 856.65 1017.82 1067.31
12-Mar-08 880.3 999.53 1049.04
13-Mar-08 837.55 977.06 1027.14
14-Mar-08 876.95 956.99 1006.95
17-Mar-08 759.95 927.24 982.93
18-Mar-08 768.2 899.10 960.99
19-Mar-08 768.2 872.41 941.48
24-Mar-08 802.2 853.88 923.54
25-Mar-08 878.85 846.19 909.49
26-Mar-08 843.95 836.50 893.43
27-Mar-08 834.55 831.60 877.47
28-Mar-08 835.5 828.57 862.59
31-Mar-08 769.4 821.30 847.57

____________________________________________________________
BABASAB PATIL 50
IL & FS INVESTSMART SECURITIES LTD
_______________________________________________________________
RELATIVE STRENGTH INDEX OF ICICI BANK (OF 7
DAYS)
Close Average Average
ICICIBANK Price Gain Loss Gain Loss RS RSI
2-Apr-07 803.95
3-Apr-07 807.9 3.95
4-Apr-07 820.95 13.05
5-Apr-07 838.65 17.7
9-Apr-07 858.25 19.6
10-Apr-07 857.75 0.5
11-Apr-07 859.5 1.75 11.21 0.50 22.42 95.73
12-Apr-07 849.25 10.25 11.21 5.38 2.09 67.59
13-Apr-07 873.45 24.2 15.26 5.38 2.84 73.95
16-Apr-07 888.25 14.8 15.61 5.38 2.90 74.39
17-Apr-07 894 5.75 13.22 5.38 2.46 71.09
18-Apr-07 898.95 4.95 10.29 5.38 1.91 65.69
19-Apr-07 905.15 6.2 9.61 10.25 0.94 48.38
20-Apr-07 916.7 11.55 11.24 10.25 1.10 52.31
23-Apr-07 917.55 0.85 9.76 0.00 0.00 0.00
24-Apr-07 950.1 32.55 10.95 0.00 0.00 0.00
25-Apr-07 962.9 12.8 10.66 0.00 0.00 0.00
26-Apr-07 961.45 1.45 11.48 1.45 7.92 88.79
27-Apr-07 935.15 26.3 12.79 13.88 0.92 47.97
30-Apr-07 865.85 69.3 14.44 32.35 0.45 30.86
3-May-07 869.9 4.05 12.56 32.35 0.39 27.97
4-May-07 855.85 14.05 16.47 27.78 0.59 37.22
7-May-07 843.75 12.1 8.42 24.64 0.34 25.48
8-May-07 839.8 3.95 4.05 21.19 0.19 16.04
9-May-07 849.35 9.55 6.80 25.14 0.27 21.29
10-May-07 842.95 6.4 6.80 21.16 0.32 24.32
11-May-07 848.45 5.5 6.37 9.13 0.70 41.10
14-May-07 870.4 21.95 12.33 9.13 1.35 57.48
15-May-07 886.85 16.45 13.36 7.48 1.79 64.10
16-May-07 918.6 31.75 17.04 5.18 3.29 76.70
17-May-07 938.05 19.45 17.44 6.40 2.73 73.16
18-May-07 951.15 13.1 18.03 6.40 2.82 73.81
21-May-07 943 8.15 18.03 8.15 2.21 68.87
22-May-07 928.55 14.45 20.54 11.30 1.82 64.51
23-May-07 917.85 10.7 20.19 11.10 1.82 64.52
24-May-07 911.3 6.55 21.43 9.96 2.15 68.27
25-May-07 912.7 1.4 11.32 9.96 1.14 53.18
28-May-07 922.8 10.1 8.20 9.96 0.82 45.15
29-May-07 920.6 2.2 5.75 8.41 0.68 40.61
30-May-07 913.65 6.95 5.75 8.17 0.70 41.31
31-May-07 919.15 5.5 5.67 6.60 0.86 46.20
1-Jun-07 930.45 11.3 7.08 5.23 1.35 57.48
4-Jun-07 933.35 2.9 6.24 4.57 1.36 57.70
5-Jun-07 939.05 5.7 7.10 4.57 1.55 60.81
6-Jun-07 911.2 27.85 6.35 12.33 0.51 33.99
7-Jun-07 909.1 2.1 6.35 12.30 0.52 34.05
8-Jun-07 903.45 5.65 6.35 11.87 0.54 34.86
11-Jun-07 901.95 1.5 6.63 9.27 0.72 41.70
12-Jun-07 919.35 17.4 8.67 9.27 0.93 48.30
____________________________________________________________
BABASAB PATIL 51
IL & FS INVESTSMART SECURITIES LTD
_______________________________________________________________
13-Jun-07 913.95 5.4 11.55 8.50 1.36 57.61
14-Jun-07 905.85 8.1 17.40 8.43 2.06 67.35
15-Jun-07 908.7 2.85 10.13 4.55 2.23 68.99
18-Jun-07 918.75 10.05 10.10 5.16 1.96 66.18
19-Jun-07 945.15 26.4 14.18 5.00 2.84 73.92
20-Jun-07 948.15 3 11.94 6.75 1.77 63.88
21-Jun-07 949.95 1.8 8.82 6.75 1.31 56.65
22-Jun-07 954.55 4.6 8.12 8.10 1.00 50.05
25-Jun-07 952.6 1.95 8.12 1.95 4.16 80.63
26-Jun-07 945.9 6.7 9.17 4.32 2.12 67.95
27-Jun-07 938.05 7.85 8.95 5.50 1.63 61.94
28-Jun-07 942.85 4.8 3.55 5.50 0.65 39.23
29-Jun-07 955.45 12.6 5.95 5.50 1.08 51.97
2-Jul-07 950.2 5.25 7.33 5.44 1.35 57.42
3-Jul-07 966.7 16.5 11.30 5.44 2.08 67.51
4-Jul-07 985.95 19.25 13.29 6.60 2.01 66.81
5-Jul-07 1003.65 17.7 14.17 6.55 2.16 68.39
6-Jul-07 981.5 22.15 14.17 13.70 1.03 50.84
9-Jul-07 970.7 10.8 16.51 12.73 1.30 56.46
10-Jul-07 963.95 6.75 17.82 11.24 1.59 61.32
11-Jul-07 953.55 10.4 17.82 12.53 1.42 58.72
12-Jul-07 967.65 14.1 17.02 12.53 1.36 57.60
13-Jul-07 972.5 4.85 12.22 12.53 0.98 49.38
16-Jul-07 970.9 1.6 9.48 10.34 0.92 47.82
17-Jul-07 973.7 2.8 7.25 7.39 0.98 49.53
18-Jul-07 983.35 9.65 7.85 6.25 1.26 55.67
19-Jul-07 989.6 6.25 7.53 6.00 1.25 55.65
20-Jul-07 985.85 3.75 7.53 2.68 2.81 73.79
23-Jul-07 970.1 15.75 5.89 7.03 0.84 45.57
24-Jul-07 969.65 0.45 6.23 5.39 1.16 53.64
25-Jul-07 958.4 11.25 6.23 7.80 0.80 44.42
26-Jul-07 944.55 13.85 7.95 9.01 0.88 46.87
27-Jul-07 914.4 30.15 6.25 12.53 0.50 33.27
30-Jul-07 923 8.6 8.60 12.53 0.69 40.69
31-Jul-07 927.45 4.45 6.53 14.29 0.46 31.35
1-Aug-07 891 36.45 6.53 18.43 0.35 26.15
2-Aug-07 901.4 10.4 7.82 22.93 0.34 25.43
3-Aug-07 915.5 14.1 9.39 26.82 0.35 25.93
6-Aug-07 886.9 28.6 9.39 31.73 0.30 22.83
7-Aug-07 869.9 17 9.39 27.35 0.34 25.55
8-Aug-07 884 14.1 10.76 27.35 0.39 28.24
9-Aug-07 889.7 5.7 11.08 27.35 0.40 28.82
10-Aug-07 864.1 25.6 11.08 23.73 0.47 31.82
13-Aug-07 873.85 9.75 10.91 23.73 0.46 31.50
14-Aug-07 878.65 4.8 8.59 23.73 0.36 26.57
16-Aug-07 832.15 46.5 8.59 29.70 0.29 22.43
17-Aug-07 824.7 7.45 8.59 26.52 0.32 24.46
20-Aug-07 872.35 47.65 16.98 26.52 0.64 39.03
21-Aug-07 829.05 43.3 20.73 30.71 0.68 40.30
22-Aug-07 846.1 17.05 19.81 32.42 0.61 37.93
23-Aug-07 824.95 21.15 23.17 29.60 0.78 43.90
24-Aug-07 833.8 8.85 24.52 29.60 0.83 45.30
27-Aug-07 883.55 49.75 30.83 23.97 1.29 56.26
28-Aug-07 862.9 20.65 30.83 28.37 1.09 52.08
____________________________________________________________
BABASAB PATIL 52
IL & FS INVESTSMART SECURITIES LTD
_______________________________________________________________
29-Aug-07 857.1 5.8 25.22 22.73 1.11 52.60
30-Aug-07 873.05 15.95 22.90 15.87 1.44 59.07
31-Aug-07 888.4 15.35 22.48 15.87 1.42 58.62
3-Sep-07 907.9 19.5 21.88 13.23 1.65 62.33
4-Sep-07 908.6 0.7 20.25 13.23 1.53 60.49
5-Sep-07 915.4 6.8 11.66 13.23 0.88 46.86
6-Sep-07 920.9 5.5 10.63 5.80 1.83 64.71
7-Sep-07 920.05 0.85 10.63 0.85 12.51 92.60
10-Sep-07 910.9 9.15 9.57 5.00 1.91 65.68
11-Sep-07 901.55 9.35 8.13 6.45 1.26 55.75
12-Sep-07 885.35 16.2 4.33 8.89 0.49 32.78
13-Sep-07 884.05 1.3 6.15 7.37 0.83 45.49
14-Sep-07 906.3 22.25 13.88 7.37 1.88 65.31
17-Sep-07 895.15 11.15 22.25 9.60 2.32 69.86
18-Sep-07 924.55 29.4 25.83 9.43 2.74 73.25
19-Sep-07 973.55 49 33.55 9.50 3.53 77.93
20-Sep-07 967.1 6.45 33.55 8.77 3.82 79.27
21-Sep-07 966.05 1.05 33.55 4.99 6.73 87.06
24-Sep-07 996.3 30.25 32.73 6.22 5.26 84.04
25-Sep-07 993.05 3.25 36.22 5.47 6.61 86.87
26-Sep-07 1020 26.95 33.90 3.58 9.46 90.44
27-Sep-07 1028.25 8.25 28.61 3.58 7.98 88.87
28-Sep-07 1062.4 34.15 24.90 3.58 6.95 87.42
1-Oct-07 1057.8 4.6 24.90 2.97 8.39 89.35
3-Oct-07 1086.55 28.75 25.67 3.93 6.54 86.74
4-Oct-07 1068 18.55 24.53 8.80 2.79 73.59
5-Oct-07 1036.4 31.6 24.53 18.25 1.34 57.33
8-Oct-07 1021.2 15.2 23.72 17.49 1.36 57.56
9-Oct-07 1045.65 24.45 29.12 17.49 1.66 62.48
10-Oct-07 1070.55 24.9 26.03 17.49 1.49 59.82
11-Oct-07 1091.25 20.7 24.70 21.78 1.13 53.14
12-Oct-07 1055 36.25 23.35 25.40 0.92 47.90
15-Oct-07 1097.45 42.45 28.13 27.68 1.02 50.40
16-Oct-07 1159.65 62.2 34.94 25.73 1.36 57.59
17-Oct-07 1117.1 42.55 34.94 39.40 0.89 47.00
18-Oct-07 1036.5 80.6 37.56 53.13 0.71 41.42
19-Oct-07 1022.8 13.7 41.78 43.28 0.97 49.12
22-Oct-07 1061.35 38.55 47.73 43.28 1.10 52.45
23-Oct-07 1102 40.65 45.96 45.62 1.01 50.19
24-Oct-07 1099.9 2.1 47.13 34.74 1.36 57.57
25-Oct-07 1144.65 44.75 41.32 34.74 1.19 54.33
26-Oct-07 1187.5 42.85 41.70 32.13 1.30 56.48
29-Oct-07 1240.65 53.15 43.99 7.90 5.57 84.78
30-Oct-07 1240.2 0.45 43.99 1.27 34.50 97.18
31-Oct-07 1254.05 13.85 39.05 1.27 30.63 96.84
1-Nov-07 1298.3 44.25 39.77 1.27 31.19 96.89
2-Nov-07 1333.4 35.1 38.99 0.45 86.65 98.86
5-Nov-07 1269.85 63.55 37.84 32.00 1.18 54.18
6-Nov-07 1241.8 28.05 36.59 30.68 1.19 54.39
7-Nov-07 1200.8 41 31.07 33.26 0.93 48.29
8-Nov-07 1169.05 31.75 31.07 41.09 0.76 43.06
9-Nov-07 1144.45 24.6 39.68 37.79 1.05 51.22
12-Nov-07 1145.35 0.9 18.00 37.79 0.48 32.26
13-Nov-07 1173.7 28.35 14.63 37.79 0.39 27.90
____________________________________________________________
BABASAB PATIL 53
IL & FS INVESTSMART SECURITIES LTD
_______________________________________________________________
14-Nov-07 1278.55 104.85 44.70 31.35 1.43 58.78
15-Nov-07 1241.65 36.9 44.70 33.56 1.33 57.12
16-Nov-07 1220.05 21.6 44.70 28.71 1.56 60.89
19-Nov-07 1187.7 32.35 44.70 28.86 1.55 60.76
20-Nov-07 1160.45 27.25 44.70 29.53 1.51 60.22
21-Nov-07 1106.45 54 66.60 34.42 1.93 65.93
22-Nov-07 1145.35 38.9 71.87 34.42 2.09 67.62
23-Nov-07 1139.4 5.95 38.90 29.68 1.31 56.73
26-Nov-07 1156.8 17.4 28.15 28.23 1.00 49.93
27-Nov-07 1132.3 24.5 28.15 28.81 0.98 49.42
28-Nov-07 1122.9 9.4 28.15 24.22 1.16 53.75
29-Nov-07 1161.75 38.85 31.72 23.46 1.35 57.48
30-Nov-07 1178.4 16.65 27.95 13.28 2.10 67.78
3-Dec-07 1162 16.4 24.30 14.06 1.73 63.34
4-Dec-07 1139.7 22.3 24.30 18.15 1.34 57.24
5-Dec-07 1164.05 24.35 26.62 18.15 1.47 59.46
6-Dec-07 1200.7 36.65 29.13 16.03 1.82 64.50
7-Dec-07 1247.6 46.9 32.68 19.35 1.69 62.81
10-Dec-07 1271.45 23.85 29.68 19.35 1.53 60.53
11-Dec-07 1314.3 42.85 34.92 19.35 1.80 64.34
12-Dec-07 1289.9 24.4 34.92 23.35 1.50 59.93
13-Dec-07 1242.85 47.05 34.92 35.73 0.98 49.43
14-Dec-07 1206.95 35.9 30.05 35.78 0.84 45.65
17-Dec-07 1166.25 40.7 37.87 37.01 1.02 50.57
18-Dec-07 1137.7 28.55 33.35 35.32 0.94 48.57
19-Dec-07 1163.4 25.7 34.28 35.32 0.97 49.25
20-Dec-07 1157.5 5.9 25.70 30.42 0.84 45.80
24-Dec-07 1205.95 48.45 37.08 31.62 1.17 53.97
26-Dec-07 1218.9 12.95 29.03 27.76 1.05 51.12
27-Dec-07 1247.25 28.35 28.86 25.05 1.15 53.54
28-Dec-07 1226.7 20.55 28.86 18.33 1.57 61.15
31-Dec-07 1238.7 12 25.49 13.23 1.93 65.84
1-Jan-08 1228.75 9.95 25.44 12.13 2.10 67.71
2-Jan-08 1267.25 38.5 28.05 15.25 1.84 64.78
3-Jan-08 1228.95 38.3 22.95 22.93 1.00 50.02
4-Jan-08 1286.3 57.35 34.05 22.93 1.48 59.75
7-Jan-08 1362.55 76.25 46.03 22.93 2.01 66.74
8-Jan-08 1339.95 22.6 46.03 23.62 1.95 66.09
9-Jan-08 1307.95 32 57.37 25.71 2.23 69.05
10-Jan-08 1356.15 48.2 55.08 30.97 1.78 64.01
11-Jan-08 1435 78.85 65.16 30.97 2.10 67.79
14-Jan-08 1410 25 65.16 26.53 2.46 71.06
15-Jan-08 1352.2 57.8 67.77 34.35 1.97 66.36
16-Jan-08 1368.3 16.1 47.72 34.35 1.39 58.14
17-Jan-08 1322.1 46.2 47.72 40.25 1.19 54.24
18-Jan-08 1248.85 73.25 47.72 50.56 0.94 48.55
21-Jan-08 1173.2 75.65 47.47 55.58 0.85 46.07
22-Jan-08 1124.95 48.25 16.10 54.36 0.30 22.85
23-Jan-08 1151.45 26.5 21.30 60.23 0.35 26.13
24-Jan-08 1131.85 19.6 21.30 52.59 0.41 28.83
25-Jan-08 1261.3 129.45 77.98 52.59 1.48 59.72
28-Jan-08 1273.95 12.65 56.20 54.19 1.04 50.91
29-Jan-08 1220.45 53.5 56.20 49.25 1.14 53.30
30-Jan-08 1187.4 33.05 56.20 38.60 1.46 59.28
____________________________________________________________
BABASAB PATIL 54
IL & FS INVESTSMART SECURITIES LTD
_______________________________________________________________
31-Jan-08 1147 40.4 56.20 36.64 1.53 60.54
1-Feb-08 1198.15 51.15 64.42 36.64 1.76 63.74
4-Feb-08 1212.25 14.1 51.84 42.32 1.22 55.06
5-Feb-08 1191.3 20.95 25.97 36.98 0.70 41.26
6-Feb-08 1152.05 39.25 32.63 37.43 0.87 46.57
7-Feb-08 1106.1 45.95 32.63 35.92 0.91 47.60
8-Feb-08 1073.9 32.2 32.63 35.75 0.91 47.71
11-Feb-08 1033.85 40.05 32.63 35.68 0.91 47.76
12-Feb-08 1067.25 33.4 23.75 35.68 0.67 39.96
13-Feb-08 1101.8 34.55 33.98 35.68 0.95 48.78
14-Feb-08 1161.85 60.05 42.67 39.36 1.08 52.01
15-Feb-08 1190.9 29.05 39.26 39.40 1.00 49.91
18-Feb-08 1209.8 18.9 35.19 36.13 0.97 49.34
19-Feb-08 1220.2 10.4 31.06 40.05 0.78 43.68
20-Feb-08 1168.3 51.9 31.06 51.90 0.60 37.44
21-Feb-08 1141.3 27 30.59 39.45 0.78 43.68
22-Feb-08 1099.8 41.5 29.60 40.13 0.74 42.45
25-Feb-08 1107.1 7.3 21.88 40.13 0.55 35.29
26-Feb-08 1117.85 10.75 11.84 40.13 0.29 22.78
27-Feb-08 1116.95 0.9 9.48 30.33 0.31 23.82
28-Feb-08 1105.85 11.1 9.02 26.48 0.34 25.42
29-Feb-08 1088.5 17.35 9.02 19.57 0.46 31.56
3-Mar-08 1024.6 63.9 9.02 26.95 0.33 25.09
4-Mar-08 971.1 53.5 9.02 29.35 0.31 23.52
5-Mar-08 960.15 10.95 10.75 26.28 0.41 29.03
7-Mar-08 893.4 66.75 0.00 32.06 0.00 0.00
10-Mar-08 871.85 21.55 0.00 35.01 0.00 0.00
11-Mar-08 856.65 15.2 0.00 35.60 0.00 0.00
12-Mar-08 880.3 23.65 23.65 38.64 0.61 37.97
13-Mar-08 837.55 42.75 23.65 35.12 0.67 40.24
14-Mar-08 876.95 39.4 31.53 31.44 1.00 50.07
17-Mar-08 759.95 117 31.53 52.65 0.60 37.45
18-Mar-08 768.2 8.25 23.77 49.13 0.48 32.61
19-Mar-08 768.2 0 0 17.83 43.74 0.41 28.95
24-Mar-08 802.2 34 21.06 53.25 0.40 28.34
25-Mar-08 878.85 76.65 31.66 53.25 0.59 37.29
26-Mar-08 843.95 34.9 31.66 50.63 0.63 38.47
27-Mar-08 834.55 9.4 29.73 40.33 0.74 42.43
28-Mar-08 835.5 0.95 23.97 14.77 1.62 61.88
31-Mar-08 769.4 66.1 27.90 27.60 1.01 50.27

____________________________________________________________
BABASAB PATIL 55
IL & FS INVESTSMART SECURITIES LTD
_______________________________________________________________
RATE OF CHANGE OF ICICI BANK (7 DAYS)
Close
ICICIBANK Price ROC
2-Apr-07 803.95
3-Apr-07 807.9
4-Apr-07 820.95
5-Apr-07 838.65
9-Apr-07 858.25
10-Apr-07 857.75
11-Apr-07 859.5 6.91
12-Apr-07 849.25 5.12
13-Apr-07 873.45 6.40
16-Apr-07 888.25 5.91
17-Apr-07 894 4.17
18-Apr-07 898.95 4.80
19-Apr-07 905.15 5.31
20-Apr-07 916.7 7.94
23-Apr-07 917.55 5.05
24-Apr-07 950.1 6.96
25-Apr-07 962.9 7.71
26-Apr-07 961.45 6.95
27-Apr-07 935.15 3.31
30-Apr-07 865.85 -5.55
3-May-07 869.9 -5.19
4-May-07 855.85 -9.92
7-May-07 843.75 -12.37
8-May-07 839.8 -12.65
9-May-07 849.35 -9.17
10-May-07 842.95 -2.64
11-May-07 848.45 -2.47
14-May-07 870.4 1.70
15-May-07 886.85 5.11
16-May-07 918.6 9.38
17-May-07 938.05 10.44
18-May-07 951.15 12.84
21-May-07 943 11.14
22-May-07 928.55 6.68
23-May-07 917.85 3.50
24-May-07 911.3 -0.79
25-May-07 912.7 -2.70
28-May-07 922.8 -2.98
29-May-07 920.6 -2.38
30-May-07 913.65 -1.60
31-May-07 919.15 0.14
1-Jun-07 930.45 2.10
4-Jun-07 933.35 2.26
5-Jun-07 939.05 1.76
6-Jun-07 911.2 -1.02
7-Jun-07 909.1 -0.50
8-Jun-07 903.45 -1.71
11-Jun-07 901.95 -3.06
12-Jun-07 919.35 -1.50
13-Jun-07 913.95 -2.67

____________________________________________________________
BABASAB PATIL 56
IL & FS INVESTSMART SECURITIES LTD
_______________________________________________________________
14-Jun-07 905.85 -0.59
15-Jun-07 908.7 -0.04
18-Jun-07 918.75 1.69
19-Jun-07 945.15 4.79
20-Jun-07 948.15 3.13
21-Jun-07 949.95 3.94
22-Jun-07 954.55 5.38
25-Jun-07 952.6 4.83
26-Jun-07 945.9 2.96
27-Jun-07 938.05 -0.75
28-Jun-07 942.85 -0.56
29-Jun-07 955.45 0.58
2-Jul-07 950.2 -0.46
3-Jul-07 966.7 1.48
4-Jul-07 985.95 4.23
5-Jul-07 1003.65 6.99
6-Jul-07 981.5 4.10
9-Jul-07 970.7 1.60
10-Jul-07 963.95 1.45
11-Jul-07 953.55 -1.36
12-Jul-07 967.65 -1.86
13-Jul-07 972.5 -3.10
16-Jul-07 970.9 -1.08
17-Jul-07 973.7 0.31
18-Jul-07 983.35 2.01
19-Jul-07 989.6 3.78
20-Jul-07 985.85 1.88
23-Jul-07 970.1 -0.25
24-Jul-07 969.65 -0.13
25-Jul-07 958.4 -1.57
26-Jul-07 944.55 -3.95
27-Jul-07 914.4 -7.60
30-Jul-07 923 -6.38
31-Jul-07 927.45 -4.40
1-Aug-07 891 -8.11
2-Aug-07 901.4 -5.95
3-Aug-07 915.5 -3.08
6-Aug-07 886.9 -3.01
7-Aug-07 869.9 -5.75
8-Aug-07 884 -4.68
9-Aug-07 889.7 -0.15
10-Aug-07 864.1 -4.14
13-Aug-07 873.85 -4.55
14-Aug-07 878.65 -0.93
16-Aug-07 832.15 -4.34
17-Aug-07 824.7 -6.71
20-Aug-07 872.35 -1.95
21-Aug-07 829.05 -4.06
22-Aug-07 846.1 -3.18
23-Aug-07 824.95 -6.11
24-Aug-07 833.8 0.20
27-Aug-07 883.55 7.14
28-Aug-07 862.9 -1.08
29-Aug-07 857.1 3.38
____________________________________________________________
BABASAB PATIL 57
IL & FS INVESTSMART SECURITIES LTD
_______________________________________________________________
30-Aug-07 873.05 3.19
31-Aug-07 888.4 7.69
3-Sep-07 907.9 8.89
4-Sep-07 908.6 2.84
5-Sep-07 915.4 6.08
6-Sep-07 920.9 7.44
7-Sep-07 920.05 5.38
10-Sep-07 910.9 2.53
11-Sep-07 901.55 -0.70
12-Sep-07 885.35 -2.56
13-Sep-07 884.05 -3.42
14-Sep-07 906.3 -1.59
17-Sep-07 895.15 -2.71
18-Sep-07 924.55 1.50
19-Sep-07 973.55 7.99
20-Sep-07 967.1 9.23
21-Sep-07 966.05 9.28
24-Sep-07 996.3 9.93
25-Sep-07 993.05 10.94
26-Sep-07 1020 10.32
27-Sep-07 1028.25 5.62
28-Sep-07 1062.4 9.85
1-Oct-07 1057.8 9.50
3-Oct-07 1086.55 9.06
4-Oct-07 1068 7.55
5-Oct-07 1036.4 1.61
8-Oct-07 1021.2 -0.69
9-Oct-07 1045.65 -1.58
10-Oct-07 1070.55 1.21
11-Oct-07 1091.25 0.43
12-Oct-07 1055 -1.22
15-Oct-07 1097.45 5.89
16-Oct-07 1159.65 13.56
17-Oct-07 1117.1 6.83
18-Oct-07 1036.5 -3.18
19-Oct-07 1022.8 -6.27
22-Oct-07 1061.35 0.60
23-Oct-07 1102 0.41
24-Oct-07 1099.9 -5.15
25-Oct-07 1144.65 2.47
26-Oct-07 1187.5 14.57
29-Oct-07 1240.65 21.30
30-Oct-07 1240.2 16.85
31-Oct-07 1254.05 13.80
1-Nov-07 1298.3 18.04
2-Nov-07 1333.4 16.49
5-Nov-07 1269.85 6.93
6-Nov-07 1241.8 0.09
7-Nov-07 1200.8 -3.18
8-Nov-07 1169.05 -6.78
9-Nov-07 1144.45 -11.85
12-Nov-07 1145.35 -14.10
13-Nov-07 1173.7 -7.57
14-Nov-07 1278.55 2.96
____________________________________________________________
BABASAB PATIL 58
IL & FS INVESTSMART SECURITIES LTD
_______________________________________________________________
15-Nov-07 1241.65 3.40
16-Nov-07 1220.05 4.36
19-Nov-07 1187.7 3.78
20-Nov-07 1160.45 1.32
21-Nov-07 1106.45 -5.73
22-Nov-07 1145.35 -10.42
23-Nov-07 1139.4 -8.24
26-Nov-07 1156.8 -5.18
27-Nov-07 1132.3 -4.66
28-Nov-07 1122.9 -3.24
29-Nov-07 1161.75 5.00
30-Nov-07 1178.4 2.89
3-Dec-07 1162 1.98
4-Dec-07 1139.7 -1.48
5-Dec-07 1164.05 2.80
6-Dec-07 1200.7 6.93
7-Dec-07 1247.6 7.39
10-Dec-07 1271.45 7.90
11-Dec-07 1314.3 13.11
12-Dec-07 1289.9 13.18
13-Dec-07 1242.85 6.77
14-Dec-07 1206.95 0.52
17-Dec-07 1166.25 -6.52
18-Dec-07 1137.7 -10.52
19-Dec-07 1163.4 -11.48
20-Dec-07 1157.5 -10.26
24-Dec-07 1205.95 -2.97
26-Dec-07 1218.9 0.99
27-Dec-07 1247.25 6.95
28-Dec-07 1226.7 7.82
31-Dec-07 1238.7 6.47
1-Jan-08 1228.75 6.16
2-Jan-08 1267.25 5.08
3-Jan-08 1228.95 0.82
4-Jan-08 1286.3 3.13
7-Jan-08 1362.55 11.07
8-Jan-08 1339.95 8.17
9-Jan-08 1307.95 6.45
10-Jan-08 1356.15 7.02
11-Jan-08 1435 16.77
14-Jan-08 1410 9.62
15-Jan-08 1352.2 -0.76
16-Jan-08 1368.3 2.12
17-Jan-08 1322.1 1.08
18-Jan-08 1248.85 -7.91
21-Jan-08 1173.2 -18.24
22-Jan-08 1124.95 -20.22
23-Jan-08 1151.45 -14.85
24-Jan-08 1131.85 -17.28
25-Jan-08 1261.3 -4.60
28-Jan-08 1273.95 2.01
29-Jan-08 1220.45 4.03
30-Jan-08 1187.4 5.55
31-Jan-08 1147 -0.39
____________________________________________________________
BABASAB PATIL 59
IL & FS INVESTSMART SECURITIES LTD
_______________________________________________________________
1-Feb-08 1198.15 5.86
4-Feb-08 1212.25 -3.89
5-Feb-08 1191.3 -6.49
6-Feb-08 1152.05 -5.60
7-Feb-08 1106.1 -6.85
8-Feb-08 1073.9 -6.37
11-Feb-08 1033.85 -13.71
12-Feb-08 1067.25 -11.96
13-Feb-08 1101.8 -7.51
14-Feb-08 1161.85 0.85
15-Feb-08 1190.9 7.67
18-Feb-08 1209.8 12.65
19-Feb-08 1220.2 18.02
20-Feb-08 1168.3 9.47
21-Feb-08 1141.3 3.59
22-Feb-08 1099.8 -5.34
25-Feb-08 1107.1 -7.04
26-Feb-08 1117.85 -7.60
27-Feb-08 1116.95 -8.46
28-Feb-08 1105.85 -5.35
29-Feb-08 1088.5 -4.63
3-Mar-08 1024.6 -6.84
4-Mar-08 971.1 -12.28
5-Mar-08 960.15 -14.11
7-Mar-08 893.4 -20.01
10-Mar-08 871.85 -21.16
11-Mar-08 856.65 -21.30
12-Mar-08 880.3 -14.08
13-Mar-08 837.55 -13.75
14-Mar-08 876.95 -8.67
17-Mar-08 759.95 -14.94
18-Mar-08 768.2 -11.89
19-Mar-08 768.2 -10.33
24-Mar-08 802.2 -8.87
25-Mar-08 878.85 4.93
26-Mar-08 843.95 -3.76
27-Mar-08 834.55 9.82
28-Mar-08 835.5 8.76
31-Mar-08 769.4 0.16

____________________________________________________________
BABASAB PATIL 60
IL & FS INVESTSMART SECURITIES LTD
_______________________________________________________________

TECHNICAL ANALYSIS OF INFOSYS


12 DAYS & 24 DAYS MOVING AVERAGE OF INFOSYS
Infosys
Technologie Close 12
s Ltd Price Days 24 Days
2-Apr-07 1922.95
3-Apr-07 1964.65
4-Apr-07 1994.3
5-Apr-07 1992.3
9-Apr-07 2047.55
10-Apr-07 1998.85
11-Apr-07 1996.25
12-Apr-07 2045.85
13-Apr-07 2086.9
16-Apr-07 2128.7
17-Apr-07 2082.75
18-Apr-07 2076.3 2028.11
19-Apr-07 2039.9 2037.86
20-Apr-07 2055.1 2045.40
23-Apr-07 2069.25 2051.64
24-Apr-07 2057.9 2057.11
25-Apr-07 2018.5 2054.69
26-Apr-07 2018.85 2056.35
27-Apr-07 2005.15 2057.10
30-Apr-07 2050.85 2057.51
3-May-07 2081.65 2057.08
4-May-07 2071.9 2052.34
7-May-07 2041.85 2048.93
8-May-07 2002.25 2042.76 2035.44
9-May-07 1980.6 2037.82 2037.84
10-May-07 1974.2 2031.08 2038.24
11-May-07 2000.6 2025.36 2038.50
14-May-07 2001.9 2020.69 2038.90
15-May-07 1973.45 2016.94 2035.81
16-May-07 1951.7 2011.34 2033.85
17-May-07 1983.5 2009.54 2033.32
18-May-07 1981.9 2003.79 2030.65
21-May-07 1960.4 1993.69 2025.38
22-May-07 1946.75 1983.26 2017.80
23-May-07 1925.75 1973.58 2011.26
24-May-07 1937 1968.15 2005.45
25-May-07 1985.5 1968.55 2003.19
28-May-07 1971.55 1968.33 1999.71
29-May-07 1953.7 1964.43 1994.89
30-May-07 1906.15 1956.45 1988.57
31-May-07 1923.5 1952.28 1984.61
1-Jun-07 1938.55 1951.19 1981.26
4-Jun-07 1916.3 1945.59 1977.56
5-Jun-07 1943.2 1942.36 1973.08
6-Jun-07 1938.35 1940.53 1967.11
7-Jun-07 1957.15 1941.39 1962.33
8-Jun-07 1950.85 1943.48 1958.53

____________________________________________________________
BABASAB PATIL 61
IL & FS INVESTSMART SECURITIES LTD
_______________________________________________________________
11-Jun-07 1979.8 1947.05 1957.60
12-Jun-07 1989.5 1947.38 1957.97
13-Jun-07 1988.75 1948.82 1958.58
14-Jun-07 2019.2 1954.28 1959.35
15-Jun-07 2009.4 1962.88 1959.66
18-Jun-07 1989.45 1968.38 1960.33
19-Jun-07 1956.6 1969.88 1960.53
20-Jun-07 1954.2 1973.04 1959.31
21-Jun-07 1958.45 1974.31 1958.34
22-Jun-07 1950.8 1975.35 1957.94
25-Jun-07 1936.65 1973.64 1957.51
26-Jun-07 1922.15 1971.25 1957.36
27-Jun-07 1935.35 1967.54 1957.30
28-Jun-07 1925.05 1962.17 1954.78
29-Jun-07 1929.05 1957.20 1953.01
2-Jul-07 1943.85 1950.92 1952.60
3-Jul-07 1947.4 1945.75 1954.31
4-Jul-07 1931.05 1940.88 1954.63
5-Jul-07 1916.8 1937.57 1953.72
6-Jul-07 1971.8 1939.03 1956.04
9-Jul-07 1993.75 1941.98 1958.14
10-Jul-07 2020.5 1947.78 1961.56
11-Jul-07 1929.65 1947.20 1960.42
12-Jul-07 1922.2 1947.20 1959.23
13-Jul-07 1939.8 1947.58 1957.56
16-Jul-07 1935.85 1948.48 1955.32
17-Jul-07 1938.55 1949.27 1953.23
18-Jul-07 1944.55 1949.33 1950.12
19-Jul-07 1996.5 1953.42 1949.58
20-Jul-07 1986.25 1958.02 1949.45
23-Jul-07 1947.8 1960.60 1949.08
24-Jul-07 1975.1 1960.88 1949.95
25-Jul-07 1988.85 1960.47 1951.22
26-Jul-07 2034.35 1961.62 1954.70
27-Jul-07 2007.85 1968.14 1957.67
30-Jul-07 1986.4 1973.49 1960.35
31-Jul-07 1975.8 1976.49 1962.03
1-Aug-07 1929.5 1975.96 1962.22
2-Aug-07 1899.2 1972.68 1960.97
3-Aug-07 1916.65 1970.35 1959.84
6-Aug-07 1865.3 1959.42 1956.42
7-Aug-07 1878.45 1950.44 1954.23
8-Aug-07 1967.25 1952.06 1956.33
9-Aug-07 1934.25 1948.65 1954.76
10-Aug-07 1959.9 1946.24 1953.35
13-Aug-07 1949.9 1939.20 1950.41
14-Aug-07 1955.4 1934.83 1951.49
16-Aug-07 1913.1 1928.73 1951.11
17-Aug-07 1854.55 1918.62 1947.55
20-Aug-07 1829.2 1910.26 1943.11
21-Aug-07 1761.35 1898.78 1935.73
22-Aug-07 1788.7 1888.11 1929.23
23-Aug-07 1811.55 1883.63 1921.53
24-Aug-07 1825.6 1879.23 1914.83
____________________________________________________________
BABASAB PATIL 62
IL & FS INVESTSMART SECURITIES LTD
_______________________________________________________________
27-Aug-07 1847.7 1869.27 1910.66
28-Aug-07 1880.25 1864.77 1906.71
29-Aug-07 1837.25 1854.55 1900.39
30-Aug-07 1865.2 1847.49 1893.35
31-Aug-07 1854.55 1839.08 1886.96
3-Sep-07 1860.65 1834.71 1881.72
4-Sep-07 1889.7 1837.64 1878.13
5-Sep-07 1895.05 1843.13 1876.70
6-Sep-07 1903.8 1855.00 1876.89
7-Sep-07 1908.5 1864.98 1876.55
10-Sep-07 1871.5 1869.98 1876.81
11-Sep-07 1822.8 1869.75 1874.49
12-Sep-07 1821.85 1867.59 1868.43
13-Sep-07 1834.25 1863.76 1864.26
14-Sep-07 1837.1 1863.75 1859.15
17-Sep-07 1804.8 1858.71 1853.10
18-Sep-07 1804.55 1854.55 1846.81
19-Sep-07 1851.6 1853.79 1844.25
20-Sep-07 1800.4 1846.35 1842.00
21-Sep-07 1825.9 1840.59 1841.86
24-Sep-07 1763.05 1828.86 1841.93
25-Sep-07 1771.35 1817.43 1841.21
26-Sep-07 1825.15 1813.57 1841.77
27-Sep-07 1915.85 1821.32 1845.53
28-Sep-07 1892.75 1827.23 1847.41
1-Oct-07 1905.35 1833.15 1848.46
3-Oct-07 2001.55 1846.86 1855.30
4-Oct-07 1998.9 1863.03 1860.87
5-Oct-07 1982.9 1877.90 1866.22
8-Oct-07 2003.65 1890.57 1872.18
9-Oct-07 2047.4 1911.15 1878.75
10-Oct-07 2125.05 1936.08 1888.33
11-Oct-07 1976.85 1953.90 1891.38
12-Oct-07 1929.7 1967.09 1892.26
15-Oct-07 1927.8 1975.65 1894.61
16-Oct-07 1866.35 1971.52 1896.42
17-Oct-07 1890.3 1971.32 1899.27
18-Oct-07 1890 1970.04 1901.60
19-Oct-07 1909.65 1962.38 1904.62
22-Oct-07 1886.75 1953.03 1908.03
23-Oct-07 1883.45 1944.75 1911.32
24-Oct-07 1844.5 1931.48 1911.03
25-Oct-07 1837.05 1913.95 1912.55
26-Oct-07 1848.25 1890.89 1913.48
29-Oct-07 1860.6 1881.20 1917.55
30-Oct-07 1854.2 1874.91 1921.00
31-Oct-07 1837.45 1867.38 1921.51
1-Nov-07 1873.95 1868.01 1919.77
2-Nov-07 1917.15 1870.25 1920.78
5-Nov-07 1854 1867.25 1918.64
6-Nov-07 1851.75 1862.43 1912.40
7-Nov-07 1745.9 1850.69 1901.86
8-Nov-07 1716.35 1836.76 1890.75
9-Nov-07 1701.15 1824.82 1878.15
____________________________________________________________
BABASAB PATIL 63
IL & FS INVESTSMART SECURITIES LTD
_______________________________________________________________
12-Nov-07 1641.85 1808.55 1861.25
13-Nov-07 1627.15 1790.13 1840.51
14-Nov-07 1707.95 1777.40 1829.30
15-Nov-07 1647.3 1760.16 1817.54
16-Nov-07 1625 1742.46 1804.92
19-Nov-07 1619.95 1721.29 1794.65
20-Nov-07 1565.7 1692.00 1781.13
21-Nov-07 1547.1 1666.43 1766.84
22-Nov-07 1531.6 1639.75 1751.09
23-Nov-07 1557.5 1624.05 1737.37
26-Nov-07 1575.95 1612.35 1724.56
27-Nov-07 1573.65 1601.73 1713.27
28-Nov-07 1569.3 1595.68 1702.11
29-Nov-07 1567.25 1590.69 1690.41
30-Nov-07 1602.5 1581.90 1679.65
3-Dec-07 1600.35 1577.99 1669.08
4-Dec-07 1615.3 1577.18 1659.82
5-Dec-07 1603.5 1575.81 1648.55
6-Dec-07 1635.35 1581.61 1636.81
7-Dec-07 1722.3 1596.21 1631.32
10-Dec-07 1748.7 1614.30 1627.03
11-Dec-07 1744.3 1629.87 1626.96
12-Dec-07 1685.75 1639.02 1625.69
13-Dec-07 1659.95 1646.21 1623.97
14-Dec-07 1646.3 1652.63 1624.15
17-Dec-07 1624.35 1657.39 1624.04
18-Dec-07 1617.95 1658.68 1620.29
19-Dec-07 1639.4 1661.93 1619.96
20-Dec-07 1695.55 1668.62 1622.90
24-Dec-07 1810.15 1685.84 1630.82
26-Dec-07 1817.8 1701.04 1641.33
27-Dec-07 1802.4 1707.72 1651.96
28-Dec-07 1796.25 1711.68 1662.99
31-Dec-07 1769.9 1713.81 1671.84
1-Jan-08 1746.85 1718.90 1678.96
2-Jan-08 1748.3 1726.27 1686.24
3-Jan-08 1709.05 1731.50 1692.06
4-Jan-08 1694.9 1737.38 1697.38
7-Jan-08 1636.85 1738.95 1698.81
8-Jan-08 1662.25 1740.85 1701.39
9-Jan-08 1652.95 1737.30 1702.96
10-Jan-08 1602.55 1720.00 1702.92
11-Jan-08 1581.75 1700.33 1700.69
14-Jan-08 1529.5 1677.59 1692.65
15-Jan-08 1502.1 1653.08 1682.38
16-Jan-08 1495.3 1630.20 1672.00
17-Jan-08 1490.4 1608.83 1663.86
18-Jan-08 1468.4 1585.50 1655.88
21-Jan-08 1391.1 1559.00 1645.25
22-Jan-08 1380.9 1532.84 1635.11
23-Jan-08 1422 1514.93 1626.94
24-Jan-08 1422.55 1494.96 1617.91
25-Jan-08 1519.85 1483.87 1610.59
28-Jan-08 1446.35 1470.85 1595.43
____________________________________________________________
BABASAB PATIL 64
IL & FS INVESTSMART SECURITIES LTD
_______________________________________________________________
29-Jan-08 1492.6 1463.42 1581.88
30-Jan-08 1493.25 1460.40 1569.00
31-Jan-08 1499.05 1460.15 1556.61
1-Feb-08 1594.6 1468.42 1549.31
4-Feb-08 1640.05 1480.89 1544.86
5-Feb-08 1609.3 1492.63 1539.07
6-Feb-08 1509.95 1502.54 1530.77
7-Feb-08 1482.35 1510.99 1521.91
8-Feb-08 1552.35 1521.85 1518.39
11-Feb-08 1557.95 1533.14 1514.05
12-Feb-08 1545.25 1535.25 1509.56
13-Feb-08 1545.4 1543.51 1507.18
14-Feb-08 1546.75 1548.02 1505.72
15-Feb-08 1565.4 1554.03 1507.22
18-Feb-08 1555.15 1558.71 1509.43
19-Feb-08 1556.5 1555.53 1511.98
20-Feb-08 1568.9 1549.60 1515.25
21-Feb-08 1627.55 1551.13 1521.88
22-Feb-08 1580.65 1557.02 1529.78
25-Feb-08 1615.15 1568.08 1539.54
26-Feb-08 1662.85 1577.29 1549.57
27-Feb-08 1618.9 1582.37 1557.75
28-Feb-08 1599.35 1586.88 1561.07
29-Feb-08 1548.2 1587.11 1565.31
3-Mar-08 1467.9 1580.54 1564.28
4-Mar-08 1419.05 1568.35 1561.19
5-Mar-08 1478.8 1561.98 1560.35
7-Mar-08 1430.55 1551.49 1553.51
10-Mar-08 1431.1 1540.00 1544.80
11-Mar-08 1426.35 1523.24 1537.18
12-Mar-08 1385.15 1506.95 1531.98
13-Mar-08 1337.7 1483.83 1525.95
14-Mar-08 1370.2 1459.44 1518.36
17-Mar-08 1337.8 1436.01 1509.19
18-Mar-08 1314.6 1412.28 1499.58
19-Mar-08 1343.7 1395.24 1491.18
24-Mar-08 1360.45 1386.29 1483.41
25-Mar-08 1492.3 1392.39 1480.37
26-Mar-08 1499.5 1394.12 1478.05
27-Mar-08 1441.75 1395.05 1473.27
28-Mar-08 1521.2 1402.56 1471.28
31-Mar-08 1439.9 1403.69 1463.46

____________________________________________________________
BABASAB PATIL 65
IL & FS INVESTSMART SECURITIES LTD
_______________________________________________________________
RELATIVE STRENGTH INDEX OF INFOSYS (7 DAYS)
Infosys
Technologie Average Average
s Ltd CL PRC Gain Loss Gain Loss RS RSI
2-Apr-07 1922.95
3-Apr-07 1964.65 41.7
4-Apr-07 1994.3 29.65
5-Apr-07 1992.3 2
9-Apr-07 2047.55 55.25
10-Apr-07 1998.85 48.7
11-Apr-07 1996.25 2.6 42.20 37.25 1.13 53.12
12-Apr-07 2045.85 49.6 44.05 17.77 2.48 71.26
13-Apr-07 2086.9 41.05 43.89 17.77 2.47 71.18
16-Apr-07 2128.7 41.8 46.93 17.77 2.64 72.54
17-Apr-07 2082.75 45.95 46.93 32.42 1.45 59.14
18-Apr-07 2076.3 6.45 44.15 25.92 1.70 63.00
19-Apr-07 2039.9 36.4 44.15 22.85 1.93 65.90
20-Apr-07 2055.1 15.2 36.91 29.60 1.25 55.50
23-Apr-07 2069.25 14.15 28.05 29.60 0.95 48.66
24-Apr-07 2057.9 11.35 23.72 25.04 0.95 48.65
25-Apr-07 2018.5 39.4 14.68 27.91 0.53 34.46
26-Apr-07 2018.85 0.35 9.90 23.40 0.42 29.73
27-Apr-07 2005.15 13.7 9.90 25.21 0.39 28.20
30-Apr-07 2050.85 45.7 18.85 21.48 0.88 46.74
3-May-07 2081.65 30.8 22.75 21.48 1.06 51.43
4-May-07 2071.9 9.75 25.62 18.55 1.38 58.00
7-May-07 2041.85 30.05 25.62 23.23 1.10 52.45
8-May-07 2002.25 39.6 25.62 23.28 1.10 52.39
9-May-07 1980.6 21.65 38.25 22.95 1.67 62.50
10-May-07 1974.2 6.4 38.25 21.49 1.78 64.03
11-May-07 2000.6 26.4 28.60 21.49 1.33 57.10
14-May-07 2001.9 1.3 13.85 21.49 0.64 39.19
15-May-07 1973.45 28.45 13.85 25.23 0.55 35.44
16-May-07 1951.7 21.75 13.85 23.57 0.59 37.01
17-May-07 1983.5 31.8 2.59 19.56 0.13 11.68
18-May-07 1981.9 1.6 19.83 14.55 1.36 57.68
21-May-07 1960.4 21.5 19.83 18.33 1.08 51.98
22-May-07 1946.75 13.65 16.55 17.39 0.95 48.76
23-May-07 1925.75 21 31.80 17.99 1.77 63.87
24-May-07 1937 11.25 21.53 15.90 1.35 57.52
25-May-07 1985.5 48.5 30.52 14.44 2.11 67.88
28-May-07 1971.55 13.95 29.88 14.34 2.08 67.57
29-May-07 1953.7 17.85 29.88 17.59 1.70 62.94
30-May-07 1906.15 47.55 29.88 22.80 1.31 56.72
31-May-07 1923.5 17.35 25.70 25.09 1.02 50.60
1-Jun-07 1938.55 15.05 23.04 26.45 0.87 46.55
4-Jun-07 1916.3 22.25 26.97 25.40 1.06 51.50
5-Jun-07 1943.2 26.9 19.77 25.40 0.78 43.76
6-Jun-07 1938.35 4.85 19.77 23.13 0.85 46.09
7-Jun-07 1957.15 18.8 19.53 24.88 0.78 43.97
8-Jun-07 1950.85 6.3 19.53 11.13 1.75 63.69
11-Jun-07 1979.8 28.95 22.43 11.13 2.01 66.82
12-Jun-07 1989.5 9.7 21.09 11.13 1.89 65.45

____________________________________________________________
BABASAB PATIL 66
IL & FS INVESTSMART SECURITIES LTD
_______________________________________________________________
13-Jun-07 1988.75 0.75 21.09 3.97 5.32 84.17
14-Jun-07 2019.2 30.45 21.98 3.97 5.54 84.71
15-Jun-07 2009.4 9.8 21.98 5.62 3.91 79.64
18-Jun-07 1989.45 19.95 23.03 9.20 2.50 71.46
19-Jun-07 1956.6 32.85 34.55 15.84 2.18 68.57
20-Jun-07 1954.2 2.4 20.08 13.15 1.53 60.42
21-Jun-07 1958.45 4.25 17.35 13.15 1.32 56.89
22-Jun-07 1950.8 7.65 17.35 14.53 1.19 54.42
25-Jun-07 1936.65 14.15 4.25 14.47 0.29 22.71
26-Jun-07 1922.15 14.5 4.25 15.25 0.28 21.79
27-Jun-07 1935.35 13.2 8.72 14.31 0.61 37.88
28-Jun-07 1925.05 10.3 8.72 9.80 0.89 47.10
29-Jun-07 1929.05 4 7.15 11.65 0.61 38.03
2-Jul-07 1943.85 14.8 10.67 11.65 0.92 47.80
3-Jul-07 1947.4 3.55 8.89 12.98 0.68 40.64
4-Jul-07 1931.05 16.35 8.89 13.72 0.65 39.32
5-Jul-07 1916.8 14.25 8.89 13.63 0.65 39.46
6-Jul-07 1971.8 55 19.34 13.63 1.42 58.65
9-Jul-07 1993.75 21.95 19.86 15.30 1.30 56.48
10-Jul-07 2020.5 26.75 24.41 15.30 1.60 61.47
11-Jul-07 1929.65 90.85 26.81 40.48 0.66 39.84
12-Jul-07 1922.2 7.45 34.57 32.23 1.07 51.75
13-Jul-07 1939.8 17.6 30.33 37.52 0.81 44.70
16-Jul-07 1935.85 3.95 30.33 34.08 0.89 47.08
17-Jul-07 1938.55 2.7 17.25 34.08 0.51 33.60
18-Jul-07 1944.55 6 13.26 34.08 0.39 28.01
19-Jul-07 1996.5 51.95 19.56 34.08 0.57 36.47
20-Jul-07 1986.25 10.25 19.56 7.22 2.71 73.05
23-Jul-07 1947.8 38.45 19.56 17.55 1.11 52.71
24-Jul-07 1975.1 27.3 21.99 17.55 1.25 55.61
25-Jul-07 1988.85 13.75 20.34 24.35 0.84 45.51
26-Jul-07 2034.35 45.5 28.90 24.35 1.19 54.27
27-Jul-07 2007.85 26.5 34.63 25.07 1.38 58.01
30-Jul-07 1986.4 21.45 28.85 24.16 1.19 54.42
31-Jul-07 1975.8 10.6 28.85 24.25 1.19 54.33
1-Aug-07 1929.5 46.3 43.28 26.21 1.65 62.28
2-Aug-07 1899.2 30.3 29.63 27.03 1.10 52.29
3-Aug-07 1916.65 17.45 31.48 27.03 1.16 53.80
6-Aug-07 1865.3 51.35 17.45 31.08 0.56 35.95
7-Aug-07 1878.45 13.15 15.30 32.00 0.48 32.35
8-Aug-07 1967.25 88.8 39.80 34.64 1.15 53.47
9-Aug-07 1934.25 33 39.80 40.24 0.99 49.73
10-Aug-07 1959.9 25.65 36.26 38.22 0.95 48.69
13-Aug-07 1949.9 10 36.26 31.45 1.15 53.55
14-Aug-07 1955.4 5.5 33.28 31.45 1.06 51.41
16-Aug-07 1913.1 42.3 33.28 28.43 1.17 53.92
17-Aug-07 1854.55 58.55 39.98 35.96 1.11 52.65
20-Aug-07 1829.2 25.35 15.58 33.84 0.46 31.52
21-Aug-07 1761.35 67.85 15.58 40.81 0.38 27.62
22-Aug-07 1788.7 27.35 16.43 40.81 0.40 28.70
23-Aug-07 1811.55 22.85 18.57 48.51 0.38 27.68
24-Aug-07 1825.6 14.05 21.42 48.51 0.44 30.63
27-Aug-07 1847.7 22.1 43.18 50.58 0.85 46.05
28-Aug-07 1880.25 32.55 23.78 46.60 0.51 33.79
____________________________________________________________
BABASAB PATIL 67
IL & FS INVESTSMART SECURITIES LTD
_______________________________________________________________
29-Aug-07 1837.25 43 23.78 55.43 0.43 30.02
30-Aug-07 1865.2 27.95 24.48 43.00 0.57 36.27
31-Aug-07 1854.55 10.65 23.90 26.83 0.89 47.12
3-Sep-07 1860.65 6.1 20.55 26.83 0.77 43.38
4-Sep-07 1889.7 29.05 23.55 26.83 0.88 46.75
5-Sep-07 1895.05 5.35 20.20 26.83 0.75 42.96
6-Sep-07 1903.8 8.75 15.44 26.83 0.58 36.53
7-Sep-07 1908.5 4.7 13.65 10.65 1.28 56.17
10-Sep-07 1871.5 37 10.79 23.83 0.45 31.17
11-Sep-07 1822.8 48.7 10.79 42.85 0.25 20.12
12-Sep-07 1821.85 0.95 11.96 28.88 0.41 29.29
13-Sep-07 1834.25 12.4 7.80 28.88 0.27 21.26
14-Sep-07 1837.1 2.85 7.18 28.88 0.25 19.90
17-Sep-07 1804.8 32.3 6.65 29.74 0.22 18.28
18-Sep-07 1804.55 0.25 7.63 23.84 0.32 24.23
19-Sep-07 1851.6 47.05 20.77 20.55 1.01 50.26
20-Sep-07 1800.4 51.2 20.77 21.18 0.98 49.51
21-Sep-07 1825.9 25.5 21.95 27.92 0.79 44.02
24-Sep-07 1763.05 62.85 25.13 36.65 0.69 40.68
25-Sep-07 1771.35 8.3 26.95 36.65 0.74 42.37
26-Sep-07 1825.15 53.8 33.66 38.10 0.88 46.91
27-Sep-07 1915.85 90.7 45.07 57.02 0.79 44.15
28-Sep-07 1892.75 23.1 44.58 45.72 0.98 49.37
1-Oct-07 1905.35 12.6 38.18 42.98 0.89 47.05
3-Oct-07 2001.55 96.2 52.32 42.98 1.22 54.90
4-Oct-07 1998.9 2.65 52.32 12.87 4.06 80.25
5-Oct-07 1982.9 16 63.33 13.92 4.55 81.98
8-Oct-07 2003.65 20.75 55.06 13.92 3.96 79.82
9-Oct-07 2047.4 43.75 43.33 13.92 3.11 75.69
10-Oct-07 2125.05 77.65 50.19 9.32 5.38 84.33
11-Oct-07 1976.85 148.2 59.59 55.62 1.07 51.72
12-Oct-07 1929.7 47.15 47.38 53.50 0.89 46.97
15-Oct-07 1927.8 1.9 47.38 53.31 0.89 47.06
16-Oct-07 1866.35 61.45 47.38 64.68 0.73 42.28
17-Oct-07 1890.3 23.95 48.45 64.68 0.75 42.83
18-Oct-07 1890 0.3 50.80 51.80 0.98 49.51
19-Oct-07 1909.65 19.65 21.80 51.80 0.42 29.62
22-Oct-07 1886.75 22.9 21.80 26.74 0.82 44.91
23-Oct-07 1883.45 3.3 21.80 17.97 1.21 54.82
24-Oct-07 1844.5 38.95 21.80 25.38 0.86 46.21
25-Oct-07 1837.05 7.45 21.80 14.58 1.50 59.92
26-Oct-07 1848.25 11.2 15.43 14.58 1.06 51.41
29-Oct-07 1860.6 12.35 14.40 18.15 0.79 44.24
30-Oct-07 1854.2 6.4 11.78 15.80 0.75 42.70
31-Oct-07 1837.45 16.75 11.78 14.57 0.81 44.70
1-Nov-07 1873.95 36.5 20.02 17.39 1.15 53.51
2-Nov-07 1917.15 43.2 25.81 10.20 2.53 71.68
5-Nov-07 1854 63.15 25.81 21.58 1.20 54.47
6-Nov-07 1851.75 2.25 30.68 22.14 1.39 58.09
7-Nov-07 1745.9 105.85 39.85 38.88 1.02 50.62
8-Nov-07 1716.35 29.55 39.85 54.39 0.73 42.29
9-Nov-07 1701.15 15.2 39.85 54.00 0.74 42.46
12-Nov-07 1641.85 59.3 43.20 68.83 0.63 38.56
13-Nov-07 1627.15 14.7 0.00 41.43 0.00 0.00
____________________________________________________________
BABASAB PATIL 68
IL & FS INVESTSMART SECURITIES LTD
_______________________________________________________________
14-Nov-07 1707.95 80.8 80.80 37.81 2.14 68.12
15-Nov-07 1647.3 60.65 80.80 47.54 1.70 62.96
16-Nov-07 1625 22.3 80.80 33.62 2.40 70.62
19-Nov-07 1619.95 5.05 80.80 29.53 2.74 73.23
20-Nov-07 1565.7 54.25 80.80 36.04 2.24 69.15
21-Nov-07 1547.1 18.6 80.80 29.26 2.76 73.42
22-Nov-07 1531.6 15.5 80.80 29.39 2.75 73.33
23-Nov-07 1557.5 25.9 25.90 44.09 0.59 37.01
26-Nov-07 1575.95 18.45 22.18 23.14 0.96 48.94
27-Nov-07 1573.65 2.3 22.18 19.14 1.16 53.67
28-Nov-07 1569.3 4.35 22.18 19.00 1.17 53.86
29-Nov-07 1567.25 2.05 22.18 8.56 2.59 72.15
30-Nov-07 1602.5 35.25 26.53 6.05 4.39 81.43
3-Dec-07 1600.35 2.15 26.53 2.71 9.78 90.73
4-Dec-07 1615.3 14.95 22.88 2.71 8.44 89.40
5-Dec-07 1603.5 11.8 25.10 4.53 5.54 84.71
6-Dec-07 1635.35 31.85 27.35 5.09 5.38 84.32
7-Dec-07 1722.3 86.95 42.25 5.33 7.92 88.79
10-Dec-07 1748.7 26.4 39.08 6.98 5.60 84.86
11-Dec-07 1744.3 4.4 40.04 6.12 6.55 86.75
12-Dec-07 1685.75 58.55 40.04 24.92 1.61 61.64
13-Dec-07 1659.95 25.8 48.40 25.14 1.93 65.82
14-Dec-07 1646.3 13.65 48.40 25.60 1.89 65.41
17-Dec-07 1624.35 21.95 56.68 24.87 2.28 69.50
18-Dec-07 1617.95 6.4 26.40 18.68 1.41 58.56
19-Dec-07 1639.4 21.45 21.45 21.79 0.98 49.60
20-Dec-07 1695.55 56.15 38.80 25.27 1.54 60.56
24-Dec-07 1810.15 114.6 64.07 16.95 3.78 79.08
26-Dec-07 1817.8 7.65 49.96 14.00 3.57 78.11
27-Dec-07 1802.4 15.4 49.96 14.58 3.43 77.41
28-Dec-07 1796.25 6.15 49.96 9.32 5.36 84.28
31-Dec-07 1769.9 26.35 49.96 15.97 3.13 75.78
1-Jan-08 1746.85 23.05 59.47 17.74 3.35 77.03
2-Jan-08 1748.3 1.45 41.23 17.74 2.32 69.92
3-Jan-08 1709.05 39.25 4.55 22.04 0.21 17.11
4-Jan-08 1694.9 14.15 1.45 20.73 0.07 6.54
7-Jan-08 1636.85 58.05 1.45 27.83 0.05 4.95
8-Jan-08 1662.25 25.4 13.43 32.17 0.42 29.44
9-Jan-08 1652.95 9.3 13.43 28.76 0.47 31.82
10-Jan-08 1602.55 50.4 13.43 34.23 0.39 28.17
11-Jan-08 1581.75 20.8 25.40 31.99 0.79 44.26
14-Jan-08 1529.5 52.25 25.40 34.16 0.74 42.65
15-Jan-08 1502.1 27.4 25.40 36.37 0.70 41.12
16-Jan-08 1495.3 6.8 25.40 27.83 0.91 47.72
17-Jan-08 1490.4 4.9 0.00 24.55 0.00 0.00
18-Jan-08 1468.4 22 0.00 26.36 0.00 0.00
21-Jan-08 1391.1 77.3 0.00 30.21 0.00 0.00
22-Jan-08 1380.9 10.2 0.00 28.69 0.00 0.00
23-Jan-08 1422 41.1 41.10 24.77 1.66 62.40
24-Jan-08 1422.55 0.55 20.82 24.24 0.86 46.21
25-Jan-08 1519.85 97.3 46.32 28.60 1.62 61.82
28-Jan-08 1446.35 73.5 46.32 45.75 1.01 50.31
29-Jan-08 1492.6 46.25 46.30 53.67 0.86 46.32
30-Jan-08 1493.25 0.65 37.17 41.85 0.89 47.04
____________________________________________________________
BABASAB PATIL 69
IL & FS INVESTSMART SECURITIES LTD
_______________________________________________________________
31-Jan-08 1499.05 5.8 31.94 73.50 0.43 30.29
1-Feb-08 1594.6 95.55 41.02 73.50 0.56 35.82
4-Feb-08 1640.05 45.45 48.50 73.50 0.66 39.75
5-Feb-08 1609.3 30.75 38.74 52.13 0.74 42.63
6-Feb-08 1509.95 99.35 38.74 65.05 0.60 37.33
7-Feb-08 1482.35 27.6 36.86 52.57 0.70 41.22
8-Feb-08 1552.35 70 54.20 52.57 1.03 50.76
11-Feb-08 1557.95 5.6 54.15 52.57 1.03 50.74
12-Feb-08 1545.25 12.7 40.35 42.60 0.95 48.64
13-Feb-08 1545.4 0.15 25.25 42.60 0.59 37.21
14-Feb-08 1546.75 1.35 19.28 46.55 0.41 29.28
15-Feb-08 1565.4 18.65 19.15 20.15 0.95 48.73
18-Feb-08 1555.15 10.25 19.15 11.48 1.67 62.53
19-Feb-08 1556.5 1.35 5.42 11.48 0.47 32.08
20-Feb-08 1568.9 12.4 6.78 11.48 0.59 37.14
21-Feb-08 1627.55 58.65 15.43 10.25 1.50 60.08
22-Feb-08 1580.65 46.9 18.48 28.57 0.65 39.27
25-Feb-08 1615.15 34.5 25.11 28.57 0.88 46.77
26-Feb-08 1662.85 47.7 30.92 28.57 1.08 51.97
27-Feb-08 1618.9 43.95 30.92 45.42 0.68 40.50
28-Feb-08 1599.35 19.55 38.31 36.80 1.04 51.01
29-Feb-08 1548.2 51.15 46.95 40.39 1.16 53.76
3-Mar-08 1467.9 80.3 41.10 48.37 0.85 45.94
4-Mar-08 1419.05 48.85 41.10 48.76 0.84 45.74
5-Mar-08 1478.8 59.75 53.72 48.76 1.10 52.42
7-Mar-08 1430.55 48.25 59.75 48.68 1.23 55.11
10-Mar-08 1431.1 0.55 30.15 49.62 0.61 37.80
11-Mar-08 1426.35 4.75 30.15 46.66 0.65 39.25
12-Mar-08 1385.15 41.2 30.15 44.67 0.67 40.30
13-Mar-08 1337.7 47.45 30.15 38.10 0.79 44.18
14-Mar-08 1370.2 32.5 30.93 35.41 0.87 46.62
17-Mar-08 1337.8 32.4 16.53 34.81 0.47 32.19
18-Mar-08 1314.6 23.2 16.53 29.80 0.55 35.67
19-Mar-08 1343.7 29.1 30.80 29.80 1.03 50.83
24-Mar-08 1360.45 16.75 26.12 36.06 0.72 42.00
25-Mar-08 1492.3 131.85 52.55 34.35 1.53 60.47
26-Mar-08 1499.5 7.2 43.48 27.80 1.56 61.00
27-Mar-08 1441.75 57.75 46.23 37.78 1.22 55.02
28-Mar-08 1521.2 79.45 52.87 40.48 1.31 56.64
31-Mar-08 1439.9 81.3 52.87 69.53 0.76 43.20

____________________________________________________________
BABASAB PATIL 70
IL & FS INVESTSMART SECURITIES LTD
_______________________________________________________________
RATE OF CHANGE OF INFOSYS
Infosys
Technologie
s Ltd CL PRC ROC
2-Apr-07 1922.95
3-Apr-07 1964.65
4-Apr-07 1994.3
5-Apr-07 1992.3
9-Apr-07 2047.55
10-Apr-07 1998.85
11-Apr-07 1996.25 3.81
12-Apr-07 2045.85 4.13
13-Apr-07 2086.9 4.64
16-Apr-07 2128.7 6.85
17-Apr-07 2082.75 1.72
18-Apr-07 2076.3 3.87
19-Apr-07 2039.9 2.19
20-Apr-07 2055.1 0.45
23-Apr-07 2069.25 -0.85
24-Apr-07 2057.9 -3.33
25-Apr-07 2018.5 -3.08
26-Apr-07 2018.85 -2.77
27-Apr-07 2005.15 -1.70
30-Apr-07 2050.85 -0.21
3-May-07 2081.65 0.60
4-May-07 2071.9 0.68
7-May-07 2041.85 1.16
8-May-07 2002.25 -0.82
9-May-07 1980.6 -1.22
10-May-07 1974.2 -3.74
11-May-07 2000.6 -3.89
14-May-07 2001.9 -3.38
15-May-07 1973.45 -3.35
16-May-07 1951.7 -2.52
17-May-07 1983.5 0.15
18-May-07 1981.9 0.39
21-May-07 1960.4 -2.01
22-May-07 1946.75 -2.75
23-May-07 1925.75 -2.42
24-May-07 1937 -0.75
25-May-07 1985.5 0.10
28-May-07 1971.55 -0.52
29-May-07 1953.7 -0.34
30-May-07 1906.15 -2.09
31-May-07 1923.5 -0.12
1-Jun-07 1938.55 0.08
4-Jun-07 1916.3 -3.49
5-Jun-07 1943.2 -1.44
6-Jun-07 1938.35 -0.79
7-Jun-07 1957.15 2.68
8-Jun-07 1950.85 1.42
11-Jun-07 1979.8 2.13
12-Jun-07 1989.5 3.82

____________________________________________________________
BABASAB PATIL 71
IL & FS INVESTSMART SECURITIES LTD
_______________________________________________________________
13-Jun-07 1988.75 2.34
14-Jun-07 2019.2 4.17
15-Jun-07 2009.4 2.67
18-Jun-07 1989.45 1.98
19-Jun-07 1956.6 -1.17
20-Jun-07 1954.2 -1.77
21-Jun-07 1958.45 -1.52
22-Jun-07 1950.8 -3.39
25-Jun-07 1936.65 -3.62
26-Jun-07 1922.15 -3.38
27-Jun-07 1935.35 -1.09
28-Jun-07 1925.05 -1.49
29-Jun-07 1929.05 -1.50
2-Jul-07 1943.85 -0.36
3-Jul-07 1947.4 0.56
4-Jul-07 1931.05 0.46
5-Jul-07 1916.8 -0.96
6-Jul-07 1971.8 2.43
9-Jul-07 1993.75 3.35
10-Jul-07 2020.5 3.94
11-Jul-07 1929.65 -0.91
12-Jul-07 1922.2 -0.46
13-Jul-07 1939.8 1.20
16-Jul-07 1935.85 -1.82
17-Jul-07 1938.55 -2.77
18-Jul-07 1944.55 -3.76
19-Jul-07 1996.5 3.46
20-Jul-07 1986.25 3.33
23-Jul-07 1947.8 0.41
24-Jul-07 1975.1 2.03
25-Jul-07 1988.85 2.59
26-Jul-07 2034.35 4.62
27-Jul-07 2007.85 0.57
30-Jul-07 1986.4 0.01
31-Jul-07 1975.8 1.44
1-Aug-07 1929.5 -2.31
2-Aug-07 1899.2 -4.51
3-Aug-07 1916.65 -5.79
6-Aug-07 1865.3 -7.10
7-Aug-07 1878.45 -5.43
8-Aug-07 1967.25 -0.43
9-Aug-07 1934.25 0.25
10-Aug-07 1959.9 3.20
13-Aug-07 1949.9 1.73
14-Aug-07 1955.4 4.83
16-Aug-07 1913.1 1.84
17-Aug-07 1854.55 -5.73
20-Aug-07 1829.2 -5.43
21-Aug-07 1761.35 -10.13
22-Aug-07 1788.7 -8.27
23-Aug-07 1811.55 -7.36
24-Aug-07 1825.6 -4.57
27-Aug-07 1847.7 -0.37
28-Aug-07 1880.25 2.79
____________________________________________________________
BABASAB PATIL 72
IL & FS INVESTSMART SECURITIES LTD
_______________________________________________________________
29-Aug-07 1837.25 4.31
30-Aug-07 1865.2 4.28
31-Aug-07 1854.55 2.37
3-Sep-07 1860.65 1.92
4-Sep-07 1889.7 2.27
5-Sep-07 1895.05 0.79
6-Sep-07 1903.8 3.62
7-Sep-07 1908.5 2.32
10-Sep-07 1871.5 0.91
11-Sep-07 1822.8 -2.03
12-Sep-07 1821.85 -3.59
13-Sep-07 1834.25 -3.21
14-Sep-07 1837.1 -3.50
17-Sep-07 1804.8 -5.43
18-Sep-07 1804.55 -3.58
19-Sep-07 1851.6 1.58
20-Sep-07 1800.4 -1.18
21-Sep-07 1825.9 -0.46
24-Sep-07 1763.05 -4.03
25-Sep-07 1771.35 -1.85
26-Sep-07 1825.15 1.14
27-Sep-07 1915.85 3.47
28-Sep-07 1892.75 5.13
1-Oct-07 1905.35 4.35
3-Oct-07 2001.55 13.53
4-Oct-07 1998.9 12.85
5-Oct-07 1982.9 8.64
8-Oct-07 2003.65 4.58
9-Oct-07 2047.4 8.17
10-Oct-07 2125.05 11.53
11-Oct-07 1976.85 -1.23
12-Oct-07 1929.7 -3.46
15-Oct-07 1927.8 -2.78
16-Oct-07 1866.35 -6.85
17-Oct-07 1890.3 -7.67
18-Oct-07 1890 -11.06
19-Oct-07 1909.65 -3.40
22-Oct-07 1886.75 -2.23
23-Oct-07 1883.45 -2.30
24-Oct-07 1844.5 -1.17
25-Oct-07 1837.05 -2.82
26-Oct-07 1848.25 -2.21
29-Oct-07 1860.6 -2.57
30-Oct-07 1854.2 -1.73
31-Oct-07 1837.45 -2.44
1-Nov-07 1873.95 1.60
2-Nov-07 1917.15 4.36
5-Nov-07 1854 0.31
6-Nov-07 1851.75 -0.48
7-Nov-07 1745.9 -5.84
8-Nov-07 1716.35 -6.59
9-Nov-07 1701.15 -9.22
12-Nov-07 1641.85 -14.36
13-Nov-07 1627.15 -12.24
____________________________________________________________
BABASAB PATIL 73
IL & FS INVESTSMART SECURITIES LTD
_______________________________________________________________
14-Nov-07 1707.95 -7.77
15-Nov-07 1647.3 -5.65
16-Nov-07 1625 -5.32
19-Nov-07 1619.95 -4.77
20-Nov-07 1565.7 -4.64
21-Nov-07 1547.1 -4.92
22-Nov-07 1531.6 -10.33
23-Nov-07 1557.5 -5.45
26-Nov-07 1575.95 -3.02
27-Nov-07 1573.65 -2.86
28-Nov-07 1569.3 0.23
29-Nov-07 1567.25 1.30
30-Nov-07 1602.5 4.63
3-Dec-07 1600.35 2.75
4-Dec-07 1615.3 2.50
5-Dec-07 1603.5 1.90
6-Dec-07 1635.35 4.21
7-Dec-07 1722.3 9.89
10-Dec-07 1748.7 9.12
11-Dec-07 1744.3 8.99
12-Dec-07 1685.75 4.36
13-Dec-07 1659.95 3.52
14-Dec-07 1646.3 0.67
17-Dec-07 1624.35 -5.69
18-Dec-07 1617.95 -7.48
19-Dec-07 1639.4 -6.01
20-Dec-07 1695.55 0.58
24-Dec-07 1810.15 9.05
26-Dec-07 1817.8 10.42
27-Dec-07 1802.4 10.96
28-Dec-07 1796.25 11.02
31-Dec-07 1769.9 7.96
1-Jan-08 1746.85 3.03
2-Jan-08 1748.3 -3.42
3-Jan-08 1709.05 -5.98
4-Jan-08 1694.9 -5.96
7-Jan-08 1636.85 -8.87
8-Jan-08 1662.25 -6.08
9-Jan-08 1652.95 -5.38
10-Jan-08 1602.55 -8.34
11-Jan-08 1581.75 -7.45
14-Jan-08 1529.5 -9.76
15-Jan-08 1502.1 -8.23
16-Jan-08 1495.3 -10.04
17-Jan-08 1490.4 -9.83
18-Jan-08 1468.4 -8.37
21-Jan-08 1391.1 -12.05
22-Jan-08 1380.9 -9.72
23-Jan-08 1422 -5.33
24-Jan-08 1422.55 -4.87
25-Jan-08 1519.85 1.98
28-Jan-08 1446.35 -1.50
29-Jan-08 1492.6 7.30
30-Jan-08 1493.25 8.14
____________________________________________________________
BABASAB PATIL 74
IL & FS INVESTSMART SECURITIES LTD
_______________________________________________________________
31-Jan-08 1499.05 5.42
1-Feb-08 1594.6 12.09
4-Feb-08 1640.05 7.91
5-Feb-08 1609.3 11.27
6-Feb-08 1509.95 1.16
7-Feb-08 1482.35 -0.73
8-Feb-08 1552.35 3.56
11-Feb-08 1557.95 -2.30
12-Feb-08 1545.25 -5.78
13-Feb-08 1545.4 -3.97
14-Feb-08 1546.75 2.44
15-Feb-08 1565.4 5.60
18-Feb-08 1555.15 0.18
19-Feb-08 1556.5 -0.09
20-Feb-08 1568.9 1.53
21-Feb-08 1627.55 5.32
22-Feb-08 1580.65 2.19
25-Feb-08 1615.15 3.18
26-Feb-08 1662.85 6.93
27-Feb-08 1618.9 4.01
28-Feb-08 1599.35 1.94
29-Feb-08 1548.2 -4.88
3-Mar-08 1467.9 -7.13
4-Mar-08 1419.05 -12.14
5-Mar-08 1478.8 -11.07
7-Mar-08 1430.55 -11.63
10-Mar-08 1431.1 -10.52
11-Mar-08 1426.35 -7.87
12-Mar-08 1385.15 -5.64
13-Mar-08 1337.7 -5.73
14-Mar-08 1370.2 -7.34
17-Mar-08 1337.8 -6.48
18-Mar-08 1314.6 -8.14
19-Mar-08 1343.7 -5.79
24-Mar-08 1360.45 -1.78
25-Mar-08 1492.3 11.56
26-Mar-08 1499.5 9.44
27-Mar-08 1441.75 7.77
28-Mar-08 1521.2 15.72
31-Mar-08 1439.9 7.16

____________________________________________________________
BABASAB PATIL 75
IL & FS INVESTSMART SECURITIES LTD
_______________________________________________________________

TECHNICAL ANALYSIS OF WIPRO


12 DAYS & 24 DAYS MOVING AVERAGE OF WIPRO
WIPRO Closing 12 Days 24 Days
Price
2-Apr-07 518.75
3-Apr-07 534.25
4-Apr-07 549.35
5-Apr-07 552.6
9-Apr-07 560.8
10-Apr-07 547.7
11-Apr-07 547.25
12-Apr-07 540.45
13-Apr-07 567.65
16-Apr-07 585.7
17-Apr-07 573.95
18-Apr-07 585.85 555.36
19-Apr-07 575.85 560.12
20-Apr-07 571.25 563.20
23-Apr-07 567.4 564.70
24-Apr-07 554.6 564.87
25-Apr-07 555.8 564.45
26-Apr-07 563.65 565.78
27-Apr-07 565.75 567.33
30-Apr-07 571.6 569.92
3-May-07 570.9 570.19
4-May-07 567.3 568.66
7-May-07 552.6 566.88
8-May-07 547.35 563.67 559.51
9-May-07 550.45 561.55 560.84
10-May-07 552.75 560.01 561.61
11-May-07 545.8 558.21 561.46
14-May-07 544.05 557.33 561.10
15-May-07 535.05 555.60 560.03
16-May-07 540.55 553.68 559.73
17-May-07 546.85 552.10 559.71
18-May-07 543.3 549.75 559.83
21-May-07 534.1 546.68 558.44
22-May-07 532.2 543.75 556.21
23-May-07 534.95 542.28 554.58
24-May-07 532.4 541.04 552.35
25-May-07 543.4 540.45 551.00
28-May-07 539.7 539.36 549.69
29-May-07 540.6 538.93 548.57
30-May-07 536.55 538.30 547.82
31-May-07 543.7 539.03 547.31
1-Jun-07 544.25 539.33 546.51
4-Jun-07 533.9 538.25 545.18
5-Jun-07 535.25 537.58 543.66
6-Jun-07 532.25 537.43 542.05
7-Jun-07 545.4 538.53 541.14
8-Jun-07 547.6 539.58 540.93
11-Jun-07 542.8 540.45 540.74
____________________________________________________________
BABASAB PATIL 76
IL & FS INVESTSMART SECURITIES LTD
_______________________________________________________________
12-Jun-07 538.7 540.06 540.25
13-Jun-07 530.45 539.29 539.33
14-Jun-07 532.4 538.60 538.77
15-Jun-07 530.5 538.10 538.20
18-Jun-07 523.05 536.38 537.70
19-Jun-07 521.55 534.49 536.91
20-Jun-07 522.85 533.57 535.91
21-Jun-07 524.8 532.70 535.14
22-Jun-07 517.3 531.45 534.44
25-Jun-07 515.55 528.96 533.75
26-Jun-07 508.75 525.73 532.65
27-Jun-07 509.9 522.98 531.72
28-Jun-07 514.8 520.99 530.53
29-Jun-07 518.45 519.99 529.64
2-Jul-07 512.7 518.35 528.48
3-Jul-07 515.15 517.07 527.59
4-Jul-07 508.75 515.88 526.13
5-Jul-07 504.65 514.47 524.48
6-Jul-07 519.6 514.20 523.88
9-Jul-07 525.05 514.22 523.46
10-Jul-07 519.3 514.39 522.92
11-Jul-07 511.15 514.02 521.49
12-Jul-07 511.55 514.25 519.99
13-Jul-07 512.55 514.48 518.73
16-Jul-07 502.45 513.45 517.22
17-Jul-07 505.35 512.35 516.17
18-Jul-07 506.35 511.83 515.09
19-Jul-07 505.15 510.99 514.03
20-Jul-07 505.2 510.70 513.29
23-Jul-07 509 511.06 512.76
24-Jul-07 505.5 509.88 512.04
25-Jul-07 498.85 507.70 510.96
26-Jul-07 514 507.26 510.82
27-Jul-07 492.7 505.72 509.87
30-Jul-07 493.55 504.22 509.24
31-Jul-07 497.35 502.95 508.71
1-Aug-07 476.55 500.80 507.12
2-Aug-07 462.15 497.20 504.78
3-Aug-07 470.2 494.18 503.00
6-Aug-07 457.4 490.20 500.60
7-Aug-07 459.7 486.41 498.55
8-Aug-07 476.75 483.73 497.39
9-Aug-07 477.7 481.41 495.65
10-Aug-07 480.25 479.86 493.78
13-Aug-07 480.2 477.04 492.15
14-Aug-07 481.45 476.10 490.91
16-Aug-07 469.45 474.10 489.16
17-Aug-07 474.4 472.18 487.57
20-Aug-07 469.25 471.58 486.19
21-Aug-07 446.85 470.30 483.75
22-Aug-07 453.3 468.89 481.54
23-Aug-07 448.7 468.17 479.19
24-Aug-07 457.4 467.98 477.19

____________________________________________________________
BABASAB PATIL 77
IL & FS INVESTSMART SECURITIES LTD
_______________________________________________________________
27-Aug-07 464.4 466.95 475.34
28-Aug-07 466.75 466.03 473.72
29-Aug-07 470 465.18 472.52
30-Aug-07 477.7 464.97 471.01
31-Aug-07 482.35 465.05 470.58
3-Sep-07 474.75 465.49 469.79
4-Sep-07 465.95 464.78 468.48
5-Sep-07 472.85 465.08 468.33
6-Sep-07 478 467.68 468.99
7-Sep-07 478.25 469.76 469.33
10-Sep-07 465.1 471.13 469.65
11-Sep-07 455.45 470.96 469.47
12-Sep-07 452.55 469.98 468.46
13-Sep-07 456.4 469.11 467.57
14-Sep-07 450.25 467.47 466.32
17-Sep-07 449.4 465.11 465.04
18-Sep-07 444.2 461.93 463.49
19-Sep-07 448.45 459.74 462.61
20-Sep-07 434.7 457.13 460.96
21-Sep-07 438.7 454.29 459.69
24-Sep-07 443.3 451.40 459.54
25-Sep-07 435.9 447.87 458.81
26-Sep-07 454.4 446.98 459.05
27-Sep-07 460.4 447.39 459.18
28-Sep-07 460.25 448.03 459.00
1-Oct-07 454.25 447.85 458.48
3-Oct-07 470.4 449.53 458.50
4-Oct-07 462.05 450.58 457.85
5-Oct-07 460.15 451.91 456.92
8-Oct-07 469.5 453.67 456.70
9-Oct-07 489 458.19 457.66
10-Oct-07 503.3 463.58 458.93
11-Oct-07 488 467.30 459.35
12-Oct-07 486.8 471.54 459.70
15-Oct-07 492.2 474.69 460.83
16-Oct-07 485.75 476.80 462.10
17-Oct-07 488.3 479.14 463.59
18-Oct-07 493.8 482.44 465.14
19-Oct-07 499.95 484.90 467.21
22-Oct-07 495.25 487.67 469.13
23-Oct-07 492.55 490.37 471.14
24-Oct-07 486.3 491.77 472.72
25-Oct-07 496.9 492.43 475.31
26-Oct-07 499.85 492.14 477.86
29-Oct-07 509.85 493.96 480.63
30-Oct-07 510.65 495.95 483.74
31-Oct-07 507.15 497.19 485.94
1-Nov-07 499.4 498.33 487.57
2-Nov-07 491.8 498.62 488.88
5-Nov-07 484.75 497.87 490.15
6-Nov-07 486.9 496.78 490.84
7-Nov-07 477.25 495.28 491.47
8-Nov-07 471.55 493.53 491.95

____________________________________________________________
BABASAB PATIL 78
IL & FS INVESTSMART SECURITIES LTD
_______________________________________________________________
9-Nov-07 459.5 491.30 491.53
12-Nov-07 456.4 487.92 490.17
13-Nov-07 442.15 483.11 487.63
14-Nov-07 472.95 480.04 487.00
15-Nov-07 457.2 475.58 485.76
16-Nov-07 460.85 471.73 484.46
19-Nov-07 458.65 468.33 483.33
20-Nov-07 448.3 464.70 481.66
21-Nov-07 436.75 460.70 479.29
22-Nov-07 437.85 456.62 476.70
23-Nov-07 441.45 453.63 474.46
26-Nov-07 453.15 452.10 472.81
27-Nov-07 457.8 451.96 471.63
28-Nov-07 449.75 451.40 469.66
29-Nov-07 448.1 451.90 467.51
30-Nov-07 460.65 450.88 465.46
3-Dec-07 492.1 453.78 464.68
4-Dec-07 498.2 456.90 464.31
5-Dec-07 498.8 460.24 464.29
6-Dec-07 495.1 464.14 464.42
7-Dec-07 503.2 469.68 465.19
10-Dec-07 501.35 474.97 465.79
11-Dec-07 505.65 480.32 466.98
12-Dec-07 507.5 484.85 468.48
13-Dec-07 500.45 488.40 470.18
14-Dec-07 497.2 492.36 471.88
17-Dec-07 488.15 495.70 473.80
18-Dec-07 483.85 497.63 474.25
19-Dec-07 483.75 496.93 475.36
20-Dec-07 493.35 496.53 476.71
24-Dec-07 535 499.55 479.89
26-Dec-07 535.55 502.92 483.53
27-Dec-07 549.5 506.78 488.23
28-Dec-07 527.85 508.98 491.98
31-Dec-07 525.65 510.65 495.49
1-Jan-08 516 511.36 498.10
2-Jan-08 511.35 512.27 500.34
3-Jan-08 496.2 512.18 502.27
4-Jan-08 496.65 512.89 504.29
7-Jan-08 482.45 512.78 505.20
8-Jan-08 489.4 513.25 505.09
9-Jan-08 490.8 513.03 504.78
10-Jan-08 487.7 509.09 504.32
11-Jan-08 488.85 505.20 504.06
14-Jan-08 461.15 497.84 502.31
15-Jan-08 460.1 492.19 500.59
16-Jan-08 456.3 486.41 498.53
17-Jan-08 462.55 481.96 496.66
18-Jan-08 454.35 477.21 494.74
21-Jan-08 439.5 472.48 492.33
22-Jan-08 431.95 467.09 489.99
23-Jan-08 431.4 462.84 487.81
24-Jan-08 411.1 456.31 484.78

____________________________________________________________
BABASAB PATIL 79
IL & FS INVESTSMART SECURITIES LTD
_______________________________________________________________
25-Jan-08 431.95 451.41 482.22
28-Jan-08 408.4 444.80 476.95
29-Jan-08 412.5 438.44 471.82
30-Jan-08 413.65 434.48 466.16
31-Jan-08 422.75 431.37 461.78
1-Feb-08 440.05 430.01 458.21
4-Feb-08 464.5 430.18 456.07
5-Feb-08 455.65 430.28 453.75
6-Feb-08 424.95 429.07 450.78
7-Feb-08 410.35 427.27 447.18
8-Feb-08 422.1 426.50 444.67
11-Feb-08 422.65 427.46 441.89
12-Feb-08 423.15 426.73 439.07
13-Feb-08 410 426.86 435.83
14-Feb-08 416.35 427.18 432.81
15-Feb-08 420.6 427.76 431.12
18-Feb-08 415.05 427.12 429.24
19-Feb-08 412.35 424.81 427.41
20-Feb-08 411 420.35 425.26
21-Feb-08 431.7 418.35 424.32
22-Feb-08 426.8 418.51 423.79
25-Feb-08 439.4 420.93 424.10
26-Feb-08 445.25 422.86 424.68
27-Feb-08 440.65 424.36 425.91
28-Feb-08 447.4 426.38 426.55
29-Feb-08 437.05 428.63 427.75
3-Mar-08 421.45 429.06 428.12
4-Mar-08 419.6 428.98 428.37
5-Mar-08 436.9 430.80 428.96
7-Mar-08 416.8 431.17 427.99
10-Mar-08 402.5 430.46 425.40
11-Mar-08 393.2 427.25 422.80
12-Mar-08 389.95 424.18 421.34
13-Mar-08 365.85 418.05 419.49
14-Mar-08 369.3 411.72 417.29
17-Mar-08 354.1 404.51 414.43
18-Mar-08 359.3 397.17 411.77
19-Mar-08 378.4 392.28 410.46
24-Mar-08 398.7 390.38 409.72
25-Mar-08 436 391.75 410.36
26-Mar-08 428.7 391.07 410.93
27-Mar-08 429.45 392.12 411.64
28-Mar-08 453.5 396.37 413.41
31-Mar-08 432.1 399.61 413.43

____________________________________________________________
BABASAB PATIL 80
IL & FS INVESTSMART SECURITIES LTD
_______________________________________________________________
RELATIVE STRENGTH INDEX OF WIPRO
Closing Averag Averag
WIPRO Price Gain Loss e Gain e Loss RS RSI
2-Apr-07 518.75
3-Apr-07 534.25 15.5
4-Apr-07 549.35 15.1
5-Apr-07 552.6 3.25
9-Apr-07 560.8 8.2
10-Apr-07 547.7 13.1
11-Apr-07 547.25 0.45 10.51 6.77 1.55 60.81
12-Apr-07 540.45 6.8 10.51 6.78 1.55 60.78
13-Apr-07 567.65 27.2 13.44 6.78 1.98 66.45
18.0
16-Apr-07 585.7 5 14.18 6.78 2.09 67.63
17-Apr-07 573.95 11.75 17.82 8.02 2.22 68.95
18-Apr-07 585.85 11.9 19.05 8.02 2.37 70.36
19-Apr-07 575.85 10 19.05 7.25 2.63 72.43
20-Apr-07 571.25 4.6 19.05 8.29 2.30 69.68
23-Apr-07 567.4 3.85 19.05 7.55 2.52 71.62
24-Apr-07 554.6 12.8 14.98 8.60 1.74 63.52
25-Apr-07 555.8 1.2 6.55 8.60 0.76 43.23
26-Apr-07 563.65 7.85 6.98 7.81 0.89 47.20
27-Apr-07 565.75 2.1 3.72 7.81 0.48 32.24
30-Apr-07 571.6 5.85 4.25 7.08 0.60 37.50
3-May-07 570.9 0.7 4.25 5.78 0.73 42.36
4-May-07 567.3 3.6 4.25 5.70 0.75 42.71
7-May-07 552.6 14.7 4.25 6.33 0.67 40.16
8-May-07 547.35 5.25 5.27 6.06 0.87 46.49
9-May-07 550.45 3.1 3.68 6.06 0.61 37.79
10-May-07 552.75 2.3 3.75 6.06 0.62 38.22
11-May-07 545.8 6.95 2.70 6.24 0.43 30.20
14-May-07 544.05 1.75 2.70 6.45 0.42 29.51
15-May-07 535.05 9 2.70 7.53 0.36 26.39
16-May-07 540.55 5.5 3.63 5.74 0.63 38.77
17-May-07 546.85 6.3 4.30 5.90 0.73 42.16
18-May-07 543.3 3.55 4.70 5.31 0.88 46.94
21-May-07 534.1 9.2 5.90 6.09 0.97 49.21
22-May-07 532.2 1.9 5.90 5.08 1.16 53.73
23-May-07 534.95 2.75 4.85 5.91 0.82 45.06
24-May-07 532.4 2.55 4.85 4.30 1.13 53.01
25-May-07 543.4 11 6.68 4.30 1.55 60.85
28-May-07 539.7 3.7 6.88 4.18 1.64 62.19
29-May-07 540.6 0.9 4.88 4.34 1.13 52.96
30-May-07 536.55 4.05 4.88 3.05 1.60 61.55
31-May-07 543.7 7.15 5.45 3.43 1.59 61.35
1-Jun-07 544.25 0.55 4.90 3.43 1.43 58.80
4-Jun-07 533.9 10.35 4.90 6.03 0.81 44.82
5-Jun-07 535.25 1.35 2.49 6.03 0.41 29.19
6-Jun-07 532.25 3 2.49 5.80 0.43 30.02
13.1
7-Jun-07 545.4 5 5.55 5.80 0.96 48.90
8-Jun-07 547.6 2.2 4.88 6.68 0.73 42.23
11-Jun-07 542.8 4.8 4.31 6.05 0.71 41.62

____________________________________________________________
BABASAB PATIL 81
IL & FS INVESTSMART SECURITIES LTD
_______________________________________________________________
12-Jun-07 538.7 4.1 5.57 5.56 1.00 50.02
13-Jun-07 530.45 8.25 5.57 5.04 1.11 52.50
14-Jun-07 532.4 1.95 5.77 5.04 1.14 53.37
15-Jun-07 530.5 1.9 5.77 4.76 1.21 54.77
18-Jun-07 523.05 7.45 2.07 5.30 0.39 28.14
19-Jun-07 521.55 1.5 1.95 4.67 0.42 29.47
20-Jun-07 522.85 1.3 1.63 4.64 0.35 25.94
21-Jun-07 524.8 1.95 1.73 4.78 0.36 26.63
22-Jun-07 517.3 7.5 1.73 4.59 0.38 27.42
25-Jun-07 515.55 1.75 1.63 4.02 0.40 28.79
26-Jun-07 508.75 6.8 1.63 5.00 0.33 24.53
27-Jun-07 509.9 1.15 1.47 4.39 0.33 25.05
28-Jun-07 514.8 4.9 2.32 5.35 0.43 30.29
29-Jun-07 518.45 3.65 2.91 5.35 0.54 35.25
2-Jul-07 512.7 5.75 3.23 5.45 0.59 37.24
3-Jul-07 515.15 2.45 3.04 4.77 0.64 38.92
4-Jul-07 508.75 6.4 3.04 6.32 0.48 32.47
5-Jul-07 504.65 4.1 3.04 5.42 0.56 35.93
14.9
6-Jul-07 519.6 5 6.49 5.42 1.20 54.50
9-Jul-07 525.05 5.45 6.63 5.42 1.22 55.02
10-Jul-07 519.3 5.75 7.62 5.50 1.38 58.07
11-Jul-07 511.15 8.15 7.62 6.10 1.25 55.53
12-Jul-07 511.55 0.4 6.93 6.10 1.14 53.20
13-Jul-07 512.55 1 5.45 6.00 0.91 47.60
16-Jul-07 502.45 10.1 5.45 8.00 0.68 40.52
17-Jul-07 505.35 2.9 2.44 8.00 0.30 23.35
18-Jul-07 506.35 1 1.33 8.00 0.17 14.21
19-Jul-07 505.15 1.2 1.33 6.48 0.20 16.97
20-Jul-07 505.2 0.05 1.07 5.65 0.19 15.92
23-Jul-07 509 3.8 1.75 5.65 0.31 23.65
24-Jul-07 505.5 3.5 1.94 4.93 0.39 28.20
25-Jul-07 498.85 6.65 1.94 3.78 0.51 33.87
15.1
26-Jul-07 514 5 5.00 3.78 1.32 56.93
27-Jul-07 492.7 21.3 6.33 16.33 0.39 27.95
30-Jul-07 493.55 0.85 4.96 10.48 0.47 32.13
31-Jul-07 497.35 3.8 5.90 10.48 0.56 36.01
1-Aug-07 476.55 20.8 6.60 13.06 0.51 33.57
2-Aug-07 462.15 14.4 6.60 15.79 0.42 29.48
3-Aug-07 470.2 8.05 6.96 18.83 0.37 26.99
6-Aug-07 457.4 12.8 4.23 17.33 0.24 19.64
7-Aug-07 459.7 2.3 3.75 16.00 0.23 18.99
17.0
8-Aug-07 476.75 5 7.80 16.00 0.49 32.77
9-Aug-07 477.7 0.95 7.09 16.00 0.44 30.70
10-Aug-07 480.25 2.55 6.18 13.60 0.45 31.24
13-Aug-07 480.2 0.05 6.18 6.43 0.96 49.03
14-Aug-07 481.45 1.25 4.82 6.43 0.75 42.86
16-Aug-07 469.45 12 4.82 6.03 0.80 44.44
17-Aug-07 474.4 4.95 5.35 6.03 0.89 47.03
20-Aug-07 469.25 5.15 2.43 5.73 0.42 29.72
21-Aug-07 446.85 22.4 2.92 9.90 0.29 22.76
22-Aug-07 453.3 6.45 4.22 9.90 0.43 29.87
____________________________________________________________
BABASAB PATIL 82
IL & FS INVESTSMART SECURITIES LTD
_______________________________________________________________
23-Aug-07 448.7 4.6 4.22 11.04 0.38 27.64
24-Aug-07 457.4 8.7 6.70 11.04 0.61 37.77
27-Aug-07 464.4 7 6.77 10.72 0.63 38.73
28-Aug-07 466.75 2.35 6.13 10.72 0.57 36.37
29-Aug-07 470 3.25 5.55 13.50 0.41 29.13
30-Aug-07 477.7 7.7 5.91 4.60 1.28 56.23
31-Aug-07 482.35 4.65 5.61 4.60 1.22 54.94
3-Sep-07 474.75 7.6 5.61 7.60 0.74 42.46
4-Sep-07 465.95 8.8 4.99 8.20 0.61 37.83
5-Sep-07 472.85 6.9 4.97 8.20 0.61 37.74
6-Sep-07 478 5.15 5.53 8.20 0.67 40.28
7-Sep-07 478.25 0.25 4.93 8.20 0.60 37.55
10-Sep-07 465.1 13.15 4.24 9.85 0.43 30.08
11-Sep-07 455.45 9.65 4.10 9.80 0.42 29.50
12-Sep-07 452.55 2.9 4.10 11.50 0.36 26.28
13-Sep-07 456.4 3.85 4.04 8.57 0.47 32.03
14-Sep-07 450.25 6.15 3.08 7.96 0.39 27.91
17-Sep-07 449.4 0.85 2.05 6.54 0.31 23.86
18-Sep-07 444.2 5.2 3.85 6.32 0.61 37.87
19-Sep-07 448.45 4.25 4.05 4.95 0.82 45.00
20-Sep-07 434.7 13.75 4.05 5.77 0.70 41.24
21-Sep-07 438.7 4 4.03 6.49 0.62 38.34
24-Sep-07 443.3 4.6 4.28 12.98 0.33 24.82
25-Sep-07 435.9 7.4 4.28 6.80 0.63 38.65
26-Sep-07 454.4 18.5 7.84 13.18 0.59 37.30
27-Sep-07 460.4 6 7.47 10.58 0.71 41.40
28-Sep-07 460.25 0.15 8.28 10.65 0.78 43.73
1-Oct-07 454.25 6 8.28 6.78 1.22 54.98
16.1
3-Oct-07 470.4 5 11.31 6.78 1.67 62.54
4-Oct-07 462.05 8.35 13.55 5.47 2.47 71.22
5-Oct-07 460.15 1.9 13.55 4.10 3.30 76.77
8-Oct-07 469.5 9.35 10.50 4.10 2.56 71.92
9-Oct-07 489 19.5 15.00 4.10 3.66 78.53
10-Oct-07 503.3 14.3 14.83 5.42 2.74 73.24
11-Oct-07 488 15.3 14.83 8.52 1.74 63.51
12-Oct-07 486.8 1.2 14.38 6.69 2.15 68.26
15-Oct-07 492.2 5.4 12.14 6.13 1.98 66.43
16-Oct-07 485.75 6.45 12.14 7.65 1.59 61.34
17-Oct-07 488.3 2.55 10.44 7.65 1.36 57.71
18-Oct-07 493.8 5.5 6.94 7.65 0.91 47.56
19-Oct-07 499.95 6.15 4.90 7.65 0.64 39.04
22-Oct-07 495.25 4.7 4.90 4.12 1.19 54.34
23-Oct-07 492.55 2.7 4.90 4.62 1.06 51.49
24-Oct-07 486.3 6.25 4.73 5.02 0.94 48.51
25-Oct-07 496.9 10.6 6.20 4.55 1.36 57.67
26-Oct-07 499.85 2.95 6.30 4.55 1.38 58.06
29-Oct-07 509.85 10 7.43 4.55 1.63 62.00
30-Oct-07 510.65 0.8 6.09 4.55 1.34 57.23
31-Oct-07 507.15 3.5 6.09 4.15 1.47 59.46
1-Nov-07 499.4 7.75 6.09 5.83 1.04 51.07
2-Nov-07 491.8 7.6 6.09 6.28 0.97 49.21
5-Nov-07 484.75 7.05 4.58 6.47 0.71 41.45
6-Nov-07 486.9 2.15 4.32 6.47 0.67 40.00
____________________________________________________________
BABASAB PATIL 83
IL & FS INVESTSMART SECURITIES LTD
_______________________________________________________________
7-Nov-07 477.25 9.65 1.47 7.11 0.21 17.18
8-Nov-07 471.55 5.7 2.15 6.87 0.31 23.82
9-Nov-07 459.5 12.05 2.15 8.30 0.26 20.57
12-Nov-07 456.4 3.1 2.15 7.53 0.29 22.22
13-Nov-07 442.15 14.25 2.15 8.63 0.25 19.94
14-Nov-07 472.95 30.8 16.48 8.95 1.84 64.80
15-Nov-07 457.2 15.75 30.80 10.08 3.05 75.34
16-Nov-07 460.85 3.65 17.23 10.17 1.69 62.88
19-Nov-07 458.65 2.2 17.23 9.47 1.82 64.53
20-Nov-07 448.3 10.35 17.23 9.13 1.89 65.36
21-Nov-07 436.75 11.55 17.23 10.82 1.59 61.42
22-Nov-07 437.85 1.1 11.85 9.96 1.19 54.33
23-Nov-07 441.45 3.6 2.78 9.96 0.28 21.84
26-Nov-07 453.15 11.7 5.01 8.03 0.62 38.42
27-Nov-07 457.8 4.65 5.26 8.03 0.66 39.58
28-Nov-07 449.75 8.05 5.26 9.98 0.53 34.52
29-Nov-07 448.1 1.65 5.26 7.08 0.74 42.63
12.5
30-Nov-07 460.65 5 6.72 4.85 1.39 58.08
31.4
3-Dec-07 492.1 5 12.79 4.85 2.64 72.51
4-Dec-07 498.2 6.1 13.29 4.85 2.74 73.26
5-Dec-07 498.8 0.6 11.07 4.85 2.28 69.54
6-Dec-07 495.1 3.7 12.68 4.47 2.84 73.94
7-Dec-07 503.2 8.1 11.76 2.67 4.40 81.47
10-Dec-07 501.35 1.85 11.76 2.77 4.24 80.91
11-Dec-07 505.65 4.3 10.11 2.77 3.64 78.46
12-Dec-07 507.5 1.85 4.19 2.77 1.51 60.16
13-Dec-07 500.45 7.05 3.71 4.20 0.88 46.92
14-Dec-07 497.2 3.25 4.75 3.96 1.20 54.52
17-Dec-07 488.15 9.05 4.75 5.30 0.90 47.26
18-Dec-07 483.85 4.3 3.07 5.10 0.60 37.61
19-Dec-07 483.75 0.1 3.07 4.75 0.65 39.30
20-Dec-07 493.35 9.6 5.73 4.75 1.21 54.65
41.6
24-Dec-07 535 5 25.63 4.75 5.39 84.36
26-Dec-07 535.55 0.55 17.27 4.18 4.14 80.53
13.9
27-Dec-07 549.5 5 16.44 4.48 3.67 78.57
28-Dec-07 527.85 21.65 16.44 8.68 1.89 65.43
31-Dec-07 525.65 2.2 16.44 7.98 2.06 67.31
1-Jan-08 516 9.65 16.44 11.17 1.47 59.55
2-Jan-08 511.35 4.65 18.72 9.54 1.96 66.24
3-Jan-08 496.2 15.15 7.25 10.66 0.68 40.48
4-Jan-08 496.65 0.45 7.20 10.66 0.68 40.31
7-Jan-08 482.45 14.2 0.45 11.25 0.04 3.85
8-Jan-08 489.4 6.95 3.70 9.17 0.40 28.75
9-Jan-08 490.8 1.4 2.93 10.91 0.27 21.19
10-Jan-08 487.7 3.1 2.93 9.28 0.32 24.03
11-Jan-08 488.85 1.15 2.49 10.82 0.23 18.70
14-Jan-08 461.15 27.7 2.49 15.00 0.17 14.22
15-Jan-08 460.1 1.05 3.17 11.51 0.28 21.57
16-Jan-08 456.3 3.8 3.17 8.91 0.36 26.22
17-Jan-08 462.55 6.25 2.93 8.91 0.33 24.76

____________________________________________________________
BABASAB PATIL 84
IL & FS INVESTSMART SECURITIES LTD
_______________________________________________________________
18-Jan-08 454.35 8.2 3.70 8.77 0.42 29.67
21-Jan-08 439.5 14.85 3.70 11.12 0.33 24.97
22-Jan-08 431.95 7.55 6.25 10.53 0.59 37.26
23-Jan-08 431.4 0.55 6.25 6.00 1.04 51.02
24-Jan-08 411.1 20.3 6.25 9.21 0.68 40.43
20.8
25-Jan-08 431.95 5 13.55 10.29 1.32 56.84
28-Jan-08 408.4 23.55 20.85 12.50 1.67 62.52
29-Jan-08 412.5 4.1 12.48 13.36 0.93 48.29
30-Jan-08 413.65 1.15 8.70 12.99 0.67 40.12
31-Jan-08 422.75 9.1 8.80 14.80 0.59 37.29
1-Feb-08 440.05 17.3 10.50 21.93 0.48 32.38
24.4
4-Feb-08 464.5 5 12.83 23.55 0.54 35.26
5-Feb-08 455.65 8.85 11.22 16.20 0.69 40.92
6-Feb-08 424.95 30.7 11.22 19.78 0.57 36.20
7-Feb-08 410.35 14.6 13.00 18.05 0.72 41.87
11.7
8-Feb-08 422.1 5 15.65 18.05 0.87 46.44
11-Feb-08 422.65 0.55 13.51 18.05 0.75 42.81
12-Feb-08 423.15 0.5 9.31 18.05 0.52 34.03
13-Feb-08 410 13.15 4.27 16.83 0.25 20.23
14-Feb-08 416.35 6.35 4.79 19.48 0.25 19.73
15-Feb-08 420.6 4.25 4.68 13.88 0.34 25.22
18-Feb-08 415.05 5.55 4.68 9.35 0.50 33.36
19-Feb-08 412.35 2.7 2.91 7.13 0.41 28.99
20-Feb-08 411 1.35 3.70 5.69 0.65 39.41
21-Feb-08 431.7 20.7 10.43 5.69 1.83 64.72
22-Feb-08 426.8 4.9 10.43 3.63 2.88 74.21
25-Feb-08 439.4 12.6 12.52 3.63 3.45 77.54
26-Feb-08 445.25 5.85 13.05 3.63 3.60 78.26
27-Feb-08 440.65 4.6 13.05 3.39 3.85 79.39
28-Feb-08 447.4 6.75 11.48 3.62 3.17 76.04
29-Feb-08 437.05 10.35 11.48 6.62 1.73 63.43
3-Mar-08 421.45 15.6 8.40 8.86 0.95 48.66
4-Mar-08 419.6 1.85 8.40 8.10 1.04 50.91
5-Mar-08 436.9 17.3 9.97 8.10 1.23 55.17
7-Mar-08 416.8 20.1 12.03 10.50 1.15 53.39
10-Mar-08 402.5 14.3 12.03 12.44 0.97 49.15
11-Mar-08 393.2 9.3 17.30 11.92 1.45 59.21
12-Mar-08 389.95 3.25 17.30 10.73 1.61 61.71
13-Mar-08 365.85 24.1 17.30 12.15 1.42 58.74
14-Mar-08 369.3 3.45 10.38 14.21 0.73 42.20
17-Mar-08 354.1 15.2 3.45 14.38 0.24 19.35
18-Mar-08 359.3 5.2 4.32 13.23 0.33 24.64
19-Mar-08 378.4 19.1 9.25 12.96 0.71 41.64
24-Mar-08 398.7 20.3 12.01 14.18 0.85 45.86
25-Mar-08 436 37.3 17.07 19.65 0.87 46.49
26-Mar-08 428.7 7.3 17.07 11.25 1.52 60.28
27-Mar-08 429.45 0.75 16.53 11.25 1.47 59.50
24.0
28-Mar-08 453.5 5 17.78 7.30 2.44 70.90
31-Mar-08 432.1 21.4 20.30 14.35 1.41 58.59

____________________________________________________________
BABASAB PATIL 85
IL & FS INVESTSMART SECURITIES LTD
_______________________________________________________________
RATE OF CHANGE OF WIPRO
Closing
WIPRO Price ROC
2-Apr-07 518.75
3-Apr-07 534.25
4-Apr-07 549.35
5-Apr-07 552.6
9-Apr-07 560.8
10-Apr-07 547.7
11-Apr-07 547.25 5.49
12-Apr-07 540.45 1.16
13-Apr-07 567.65 3.33
16-Apr-07 585.7 5.99
17-Apr-07 573.95 2.34
18-Apr-07 585.85 6.97
19-Apr-07 575.85 5.23
20-Apr-07 571.25 5.70
23-Apr-07 567.4 -0.04
24-Apr-07 554.6 -5.31
25-Apr-07 555.8 -3.16
26-Apr-07 563.65 -3.79
27-Apr-07 565.75 -1.75
30-Apr-07 571.6 0.06
3-May-07 570.9 0.62
4-May-07 567.3 2.29
7-May-07 552.6 -0.58
8-May-07 547.35 -2.89
9-May-07 550.45 -2.70
10-May-07 552.75 -3.30
11-May-07 545.8 -4.40
14-May-07 544.05 -4.10
15-May-07 535.05 -3.18
16-May-07 540.55 -1.24
17-May-07 546.85 -0.65
18-May-07 543.3 -1.71
21-May-07 534.1 -2.14
22-May-07 532.2 -2.18
23-May-07 534.95 -0.02
24-May-07 532.4 -1.51
25-May-07 543.4 -0.63
28-May-07 539.7 -0.66
29-May-07 540.6 1.22
30-May-07 536.55 0.82
31-May-07 543.7 1.64
1-Jun-07 544.25 2.23
4-Jun-07 533.9 -1.75
5-Jun-07 535.25 -0.82
6-Jun-07 532.25 -1.54
7-Jun-07 545.4 1.65
8-Jun-07 547.6 0.72
11-Jun-07 542.8 -0.27
12-Jun-07 538.7 0.90
13-Jun-07 530.45 -0.90

____________________________________________________________
BABASAB PATIL 86
IL & FS INVESTSMART SECURITIES LTD
_______________________________________________________________
14-Jun-07 532.4 0.03
15-Jun-07 530.5 -2.73
18-Jun-07 523.05 -4.48
19-Jun-07 521.55 -3.91
20-Jun-07 522.85 -2.94
21-Jun-07 524.8 -1.07
22-Jun-07 517.3 -2.84
25-Jun-07 515.55 -2.82
26-Jun-07 508.75 -2.73
27-Jun-07 509.9 -2.23
28-Jun-07 514.8 -1.54
29-Jun-07 518.45 -1.21
2-Jul-07 512.7 -0.89
3-Jul-07 515.15 -0.08
4-Jul-07 508.75 0.00
5-Jul-07 504.65 -1.03
6-Jul-07 519.6 0.93
9-Jul-07 525.05 1.27
10-Jul-07 519.3 1.29
11-Jul-07 511.15 -0.78
12-Jul-07 511.55 0.55
13-Jul-07 512.55 1.57
16-Jul-07 502.45 -3.30
17-Jul-07 505.35 -3.75
18-Jul-07 506.35 -2.49
19-Jul-07 505.15 -1.17
20-Jul-07 505.2 -1.24
23-Jul-07 509 -0.69
24-Jul-07 505.5 0.61
25-Jul-07 498.85 -1.29
26-Jul-07 514 1.51
27-Jul-07 492.7 -2.46
30-Jul-07 493.55 -2.31
31-Jul-07 497.35 -2.29
1-Aug-07 476.55 -5.73
2-Aug-07 462.15 -7.36
3-Aug-07 470.2 -8.52
6-Aug-07 457.4 -7.16
7-Aug-07 459.7 -6.86
8-Aug-07 476.75 -4.14
9-Aug-07 477.7 0.24
10-Aug-07 480.25 3.92
13-Aug-07 480.2 2.13
14-Aug-07 481.45 5.26
16-Aug-07 469.45 2.12
17-Aug-07 474.4 -0.49
20-Aug-07 469.25 -1.77
21-Aug-07 446.85 -6.95
22-Aug-07 453.3 -5.60
23-Aug-07 448.7 -6.80
24-Aug-07 457.4 -2.57
27-Aug-07 464.4 -2.11
28-Aug-07 466.75 -0.53
29-Aug-07 470 5.18
____________________________________________________________
BABASAB PATIL 87
IL & FS INVESTSMART SECURITIES LTD
_______________________________________________________________
30-Aug-07 477.7 5.38
31-Aug-07 482.35 7.50
3-Sep-07 474.75 3.79
4-Sep-07 465.95 0.33
5-Sep-07 472.85 1.31
6-Sep-07 478 1.70
7-Sep-07 478.25 0.12
10-Sep-07 465.1 -3.58
11-Sep-07 455.45 -4.07
12-Sep-07 452.55 -2.88
13-Sep-07 456.4 -3.48
14-Sep-07 450.25 -5.81
17-Sep-07 449.4 -6.03
18-Sep-07 444.2 -4.49
19-Sep-07 448.45 -1.54
20-Sep-07 434.7 -3.94
21-Sep-07 438.7 -3.88
24-Sep-07 443.3 -1.54
25-Sep-07 435.9 -3.00
26-Sep-07 454.4 2.30
27-Sep-07 460.4 2.66
28-Sep-07 460.25 5.88
1-Oct-07 454.25 3.54
3-Oct-07 470.4 6.11
4-Oct-07 462.05 6.00
5-Oct-07 460.15 1.27
8-Oct-07 469.5 1.98
9-Oct-07 489 6.25
10-Oct-07 503.3 10.80
11-Oct-07 488 3.74
12-Oct-07 486.8 5.36
15-Oct-07 492.2 6.97
16-Oct-07 485.75 3.46
17-Oct-07 488.3 -0.14
18-Oct-07 493.8 -1.89
19-Oct-07 499.95 2.45
22-Oct-07 495.25 1.74
23-Oct-07 492.55 0.07
24-Oct-07 486.3 0.11
25-Oct-07 496.9 1.76
26-Oct-07 499.85 1.23
29-Oct-07 509.85 1.98
30-Oct-07 510.65 3.11
31-Oct-07 507.15 2.96
1-Nov-07 499.4 2.69
2-Nov-07 491.8 -1.03
5-Nov-07 484.75 -3.02
6-Nov-07 486.9 -4.50
7-Nov-07 477.25 -6.54
8-Nov-07 471.55 -7.02
9-Nov-07 459.5 -7.99
12-Nov-07 456.4 -7.20
13-Nov-07 442.15 -8.79
14-Nov-07 472.95 -2.87
____________________________________________________________
BABASAB PATIL 88
IL & FS INVESTSMART SECURITIES LTD
_______________________________________________________________
15-Nov-07 457.2 -4.20
16-Nov-07 460.85 -2.27
19-Nov-07 458.65 -0.18
20-Nov-07 448.3 -1.77
21-Nov-07 436.75 -1.22
22-Nov-07 437.85 -7.42
23-Nov-07 441.45 -3.44
26-Nov-07 453.15 -1.67
27-Nov-07 457.8 -0.19
28-Nov-07 449.75 0.32
29-Nov-07 448.1 2.60
30-Nov-07 460.65 5.21
3-Dec-07 492.1 11.47
4-Dec-07 498.2 9.94
5-Dec-07 498.8 8.96
6-Dec-07 495.1 10.08
7-Dec-07 503.2 12.30
10-Dec-07 501.35 8.84
11-Dec-07 505.65 2.75
12-Dec-07 507.5 1.87
13-Dec-07 500.45 0.33
14-Dec-07 497.2 0.42
17-Dec-07 488.15 -2.99
18-Dec-07 483.85 -3.49
19-Dec-07 483.75 -4.33
20-Dec-07 493.35 -2.79
24-Dec-07 535 6.90
26-Dec-07 535.55 7.71
27-Dec-07 549.5 12.57
28-Dec-07 527.85 9.09
31-Dec-07 525.65 8.66
1-Jan-08 516 4.59
2-Jan-08 511.35 -4.42
3-Jan-08 496.2 -7.35
4-Jan-08 496.65 -9.62
7-Jan-08 482.45 -8.60
8-Jan-08 489.4 -6.90
9-Jan-08 490.8 -4.88
10-Jan-08 487.7 -4.63
11-Jan-08 488.85 -1.48
14-Jan-08 461.15 -7.15
15-Jan-08 460.1 -4.63
16-Jan-08 456.3 -6.76
17-Jan-08 462.55 -5.76
18-Jan-08 454.35 -6.84
21-Jan-08 439.5 -10.10
22-Jan-08 431.95 -6.33
23-Jan-08 431.4 -6.24
24-Jan-08 411.1 -9.91
25-Jan-08 431.95 -6.62
28-Jan-08 408.4 -10.11
29-Jan-08 412.5 -6.14
30-Jan-08 413.65 -4.24
31-Jan-08 422.75 -2.01
____________________________________________________________
BABASAB PATIL 89
IL & FS INVESTSMART SECURITIES LTD
_______________________________________________________________
1-Feb-08 440.05 7.04
4-Feb-08 464.5 7.54
5-Feb-08 455.65 11.57
6-Feb-08 424.95 3.02
7-Feb-08 410.35 -0.80
8-Feb-08 422.1 -0.15
11-Feb-08 422.65 -3.95
12-Feb-08 423.15 -8.90
13-Feb-08 410 -10.02
14-Feb-08 416.35 -2.02
15-Feb-08 420.6 2.50
18-Feb-08 415.05 -1.67
19-Feb-08 412.35 -2.44
20-Feb-08 411 -2.87
21-Feb-08 431.7 5.29
22-Feb-08 426.8 2.51
25-Feb-08 439.4 4.47
26-Feb-08 445.25 7.28
27-Feb-08 440.65 6.86
28-Feb-08 447.4 8.86
29-Feb-08 437.05 1.24
3-Mar-08 421.45 -1.25
4-Mar-08 419.6 -4.51
5-Mar-08 436.9 -1.88
7-Mar-08 416.8 -5.41
10-Mar-08 402.5 -10.04
11-Mar-08 393.2 -10.03
12-Mar-08 389.95 -7.47
13-Mar-08 365.85 -12.81
14-Mar-08 369.3 -15.47
17-Mar-08 354.1 -15.04
18-Mar-08 359.3 -10.73
19-Mar-08 378.4 -3.76
24-Mar-08 398.7 2.24
25-Mar-08 436 19.17
26-Mar-08 428.7 16.08
27-Mar-08 429.45 21.28
28-Mar-08 453.5 26.22
31-Mar-08 432.1 14.19

DATA ANALYSIS AND INTERPRETATION


SHORT TERM MOVING AVERAGE OF HDFC BANK

____________________________________________________________
BABASAB PATIL 90
IL & FS INVESTSMART SECURITIES LTD
_______________________________________________________________

 Moving averages provides buy and sell signal.


 The above chart is having the price plotted as a line on a
closing price & moving averages are used along with the
price of the scrip.
 Blue line indicates closing price and pink line indicates 12
days average.
 Upward penetration of a falling average indicates further rise
and gives buy signal so the chart shows buy signal during
September with average value 1129.97.
 Downward penetration of rising average indicates the
possibility of further fall so it shows sell signal during Jan
with average value 1688.85.
 The chart is showing a rising trend channel from August to
October.

____________________________________________________________
BABASAB PATIL 91
IL & FS INVESTSMART SECURITIES LTD
_______________________________________________________________
LONG TERM (24 DAYS) MOVING AVERAGE OF HDFC
BANK

 The above chart is having the price plotted as a line on a closing price.
 Blue line indicates closing price and pink line indicates 24
days average.
 Upward penetration of a falling average indicates further rise
and gives buy signal so the chart shows buy signal during
September with average value 1141.62.
 Downward penetration of rising average indicates the
possibility of further fall so it shows sell signal during Jan
with average value 1710.19.

____________________________________________________________
BABASAB PATIL 92
IL & FS INVESTSMART SECURITIES LTD
_______________________________________________________________
SHORT TERM & LONG TERM MOVING AVERAGE OF
HDFC BANK

 The above chart is having the price plotted as a line on a


closing basis.
 Blue line is closing price plotted on line chart. Pink line is 12
day’s simple moving average & yellow line is 24 days SMA.
 Here during august 3rd the scrip price is falling to 1155 and
short term moving average intersect long term moving
average from above and falls below it, the sell signal is
generated & even during January the chart shows sell signal.
 During September the scrip price is rising & short term
moving average intersect long term moving average from
below and falls above indicating a further rise in price, gives
a buy signal.
 The chart shows rising trend from August to January.

____________________________________________________________
BABASAB PATIL 93
IL & FS INVESTSMART SECURITIES LTD
_______________________________________________________________
RELATIVE STRENGTH INDEX OF HDFC BANK

 In the above chart RSI is calculated for 7 days.


 The broad rule, if RSI crosses 70 there may be downturn &
time to sell. If RSI falls below 30 it is time to buy the share.
 Here in above chart green color shows sell signal & pink
color shows buy signal.
 During May, September & November the RSI crosses 70 it is
time to sell.
 During January & February the RSI crosses 30 so it is time to
buy.
 Reverse Head & Shoulder is formed during June.
 Double top is formed during 14th & 20th February.

____________________________________________________________
BABASAB PATIL 94
IL & FS INVESTSMART SECURITIES LTD
_______________________________________________________________
RATE OF CHANGE OF HDFC BANK

 ROC is identification of overbought and oversold region.


Black line is the rate of change for 7 days.
 If the scrip’s ROC reaches the historic high values, the scrip
is in overbought region & in oversold region if it reaches
historic low value, here in above chart the scrip is in
overbought region during October & during January it is in
oversold region.
 Head & Shoulder is formed during October; reverse H & S is
formed during November.

____________________________________________________________
BABASAB PATIL 95
IL & FS INVESTSMART SECURITIES LTD
_______________________________________________________________
SHORT TERM (12 DAYS) MOVING AVERAGE OF ICICI
BANK

 The above chart is having the price plotted as a line on a


closing price.
 Blue line indicates closing price and pink line indicates 12
days average.
 Upward penetration of a falling average indicates further rise
and gives buy signal so the chart shows buy signal during
September with average value 858.65.
 Downward penetration of rising average indicates the
possibility of further fall so it shows sell signal during Jan
and September.
 The chart is showing a rising trend channel from August to
November & declining trend from January to March.
 Round bottom is formed from 30th April to 15th May.

____________________________________________________________
BABASAB PATIL 96
IL & FS INVESTSMART SECURITIES LTD
_______________________________________________________________
LONG TERM (24 DAYS) MOVING AVERAGE OF ICICI
BANK

 The above chart is having the price plotted as a line on a


closing price. Blue line indicates closing price and pink line
indicates 24 days average.
 Upward penetration of a falling average indicates further rise
and gives buy signal so the chart shows buy signal during
September.
 Downward penetration of rising average indicates the
possibility of further fall so it shows sell signal during August
& January.
 The chart is showing a rising trend channel from September
to January & declining from January to March.
 Round bottom is formed from 30th April to 15th May.

____________________________________________________________
BABASAB PATIL 97
IL & FS INVESTSMART SECURITIES LTD
_______________________________________________________________
SHORT TERM & LONG TERM MOVING AVERAGE OF
ICICI BANK

 The above chart is having the price plotted as a line on a


closing basis. Blue line is closing price plotted on line chart.
Pink line is 12 days simple moving average & yellow line is
24 days SMA.
 During July & January the scrip price is falling and short term
moving average intersect long term moving average from
above and falls below it, the sell signal is generated.
 The scrip price is rising from September 5, the short term
average is above the long term average & intersects from
below indicating further rise in price, gives a buy signal
during September.
 The chart shows rising trend from August to November &
declining trend from January to March.
 Round bottom is formed from 30th April to 15th May.

____________________________________________________________
BABASAB PATIL 98
IL & FS INVESTSMART SECURITIES LTD
_______________________________________________________________
RELATIVE STRENGTH INDEX OF ICICI BANK

 In the above chart RSI is calculated for 7 days.


 The broad rule, if RSI crosses 70 there may be downturn &
time to sell. If RSI falls below 30 it is time to buy the share.
 Here in above chart green color shows sell signal & pink
color shows buy signal.
 During September & October the RSI crosses 70 it is better to
sell the shares.
 During April, May & March the RSI crosses 30 so it is time
to buy.
 Head & Shoulder is formed during June.
 Chart shows double bottom during August 6 & 16th.

____________________________________________________________
BABASAB PATIL 99
IL & FS INVESTSMART SECURITIES LTD
_______________________________________________________________
RATE OF CHANGE OF ICICI BANK

 Blue line is the rate of change for 7 days.


 If the scrip’s ROC reaches the historic high values, the scrip
is in overbought region & in oversold region if it reaches
historic low value.
 Here in above chart the scrip is in overbought region during
October & during March it is in oversold region.
 Head & Shoulder is formed during August & September.

____________________________________________________________
BABASAB PATIL 100
IL & FS INVESTSMART SECURITIES LTD
_______________________________________________________________
SHORT TERM (12 DAYS) MOVING AVERAGE OF INFOSYS

 The above chart is having the price plotted as a line on a


closing price. Moving averages are used along with the price
of the scrip. Blue line indicates closing price and pink line
indicates 12 days average.
 Downward penetration of a rising average indicates further
fall and gives sell signal so the chart shows sell signal during
October and January.
 The chart shows a flat trend from May to August.

____________________________________________________________
BABASAB PATIL 101
IL & FS INVESTSMART SECURITIES LTD
_______________________________________________________________
LONG TERM (24 DAYS) MOVING AVERAGE OF INFOSYS

 The above chart is having the price plotted as a line on a


closing price. Moving averages are used along with the price
of the scrip. Blue line indicates closing price and pink line
indicates 24 days average.
 Downward penetration of a rising average indicates further
fall and gives sell signal so the chart shows sell signal during
November and January.
 The chart shows a flat trend from May to August.

____________________________________________________________
BABASAB PATIL 102
IL & FS INVESTSMART SECURITIES LTD
_______________________________________________________________
SHORT TERM & LONG TERM MOVING AVERAGE OF
INFOSYS

 The above chart is having the price plotted as a line on a


closing basis. Blue line is closing price plotted on line chart.
Pink line is 12 days simple moving average & yellow line is
24 days SMA.
 During October, January & March the scrip price is falling
and short term moving average intersect long term moving
average from above and falls below it, the sell signal is
generated.
 The chart shows flat trend from April to August.

____________________________________________________________
BABASAB PATIL 103
IL & FS INVESTSMART SECURITIES LTD
_______________________________________________________________
RELATIVE STRENGTH INDEX OF INFOSYS

 In the above chart RSI is calculated for 7 days.


 The broad rule, if RSI crosses 70 there may be downturn &
time to sell. If RSI falls below 30 it is time to buy the share.
 Here in above chart green color shows sell signal & pink
color shows buy signal.
 During June & December the RSI crosses 70 it is time to sell.
 During November & January the RSI crosses 30 so it is time
to buy.
 Head & Shoulder is formed during October & November.

____________________________________________________________
BABASAB PATIL 104
IL & FS INVESTSMART SECURITIES LTD
_______________________________________________________________
RATE OF CHANGE OF INFOSYS

 Blue line is the rate of change for 7 days.


 If the scrip’s ROC reaches the historic high values, the scrip
is in overbought region & in oversold region if it reaches
historic low value.
 Here in above chart the scrip is in overbought region during
March & during November it is in oversold region.
 Head & Shoulder is formed during January & February.

____________________________________________________________
BABASAB PATIL 105
IL & FS INVESTSMART SECURITIES LTD
_______________________________________________________________
SHORT TERM (12 DAYS) MOVING AVERAGE OF WIPRO

 The above chart is having the price plotted as a line on a


closing price. Moving averages are used along with the price
of the scrip. Blue line indicates closing price and pink line
indicates 12 days average.
 Chart shows declining trend from April to September.
 Downward penetration of a rising average indicates further
fall and gives sell signal so the chart shows sell signal during
November and January.
 Head & Shoulder is formed during December & January.

____________________________________________________________
BABASAB PATIL 106
IL & FS INVESTSMART SECURITIES LTD
_______________________________________________________________
LONG TERM (24 DAYS) MOVING AVERAGE OF WIPRO

 The above chart is having the price plotted as a line on a


closing price. Moving averages are used along with the price
of the scrip. Blue line indicates closing price and pink line
indicates 24 days average.
 Chart shows declining trend from April to September.
 Downward penetration of a rising average indicates further
fall and gives sell signal so the chart shows sell signal during
November and January.

____________________________________________________________
BABASAB PATIL 107
IL & FS INVESTSMART SECURITIES LTD
_______________________________________________________________
SHORT TERM & LONG TERM MOVING AVERAGE

 The above chart is having the price plotted as a line on a


closing basis. Blue line is closing price plotted on line chart.
Pink line is 12 days simple moving average & yellow line is
24 days SMA.
 During November, January & March the scrip price is falling
and short term moving average intersect long term moving
average from above and falls below it, the sell signal is
generated.
 The chart shows declining trend from April to September.

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RELATIVE STRENGTH INDEX OF WIPRO

 In the above chart RSI is calculated for 7 days.


 The broad rule, if RSI crosses 70 there may be downturn &
time to sell. If RSI falls below 30 it is time to buy the share.
 Here in above chart green color shows sell signal & pink
color shows buy signal.
 During December & February the RSI crosses 70 it is time to
sell.
 During July, November & January the RSI crosses 30 so it is
time to buy.
 Head & Shoulder is formed during October.
 Head & Shoulder is formed during October & November.

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RATE OF CHANGE OF WIPRO

 Black line is the rate of change for 7 days.


 If the scrip’s ROC reaches the historic high values, the scrip
is in overbought region & in oversold region if it reaches
historic low value.
 In above chart the scrip is in overbought region March 25 to
31st & from March 15 to 18 it is in oversold region.
 During the month of September & October the chart shows
double top formation.
 Head & Shoulder is formed during September.

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FINDINGS:
 The share prices of a company are very sensitive and may change very
rapidly (upward or downward), but we follow a systematic study, it is
possible to predict the share prices to a certain extent.
 The stocks move according to some patterns, we can predict the stock
prices by identifying such patterns.

HDFC BANK
 As the 12 days & 24 days simple moving average of the
HDFC Bank represents the fall of prices that is downward
trend during August & January it signs for sell signal.
 The chart shows rising trend from August to December.
 Relative strength index shows a buy signal for the HDFC
Bank as it has crossed 30 & reached upto zero during May &
February.
 It shows sell signal during September as it has reached upto
84 points.
 The ROC graph indicates that the price of the scrip HDFC
Bank is moving towards the high in the over bought region.
 The chart shows reverse head & shoulder during June.

ICICI BANK
 As the 12 days & 24 days simple moving average of the
ICICI Bank is falling during July & January, short term
moving average intersects long term moving average from
above and falls below it, the sell signal is generated.
 The scrip price is rising from September 5, the short term
average is above the long term average & intersects from
below indicating further rise in price, gives a buy signal
during September.

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 The RSI graph indicates it is the right time to purchase the


scripts of ICICI Bank, as it has crossed 30 points & reached
zero during April & March.
 It indicates sell signal during November as it has reached
upto 98 points.
 The ROC graph of the ICICI Bank scripts prices are in the
oversold region that is it is towards the lower price & right
time to buy.
 The chart shows H & S during June & double bottom during
August.

INFOSYS
 The moving average graph of the INFOSYS indicates a
gaining trend as the closing price line is above the moving
average line of 12 days and 26 days so it was right time to
sell the share.
 The closing price of INFOSYS shows a flat trend from April
to August.
 Reverse head & shoulder are formed during November.
 The relative strength index of Infosys has crossed 30 points
and reached upto zero during November & January, shows it
was right time to sell & it reached upto 90 points during
December which gives buy signal.
 ROC of INFOSYS is in overbought region during October,
December & March it was right time to sell.

WIPRO
 The 12 days & 24 days simple moving average of the ICICI
Bank is falling during November, January & March short
term moving average intersects long term moving average
from above and falls below it, the sell signal was generated.

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 The chart shows declining trend from April to September &
even from December to March.
 The Relative strength Index graph indicates that it is the right
time to purchase the scripts of WIPRO, as it has crossed 30
points during July, January & February.
 RSI of WIPRO shows sell signal during December which has
reached upto 84 points.
 The Rate of Change chart of the WIPRO shows the script
prices are in the overbought region during March that is it is
towards the higher price & was right time to sell.

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RECOMMENDATIONS:
HDFC BANK
Considering technical analysis it is better to sell the shares of HDFC Bank at
this moment.
 According to moving average the closing price is declining from
January i.ie. 1571 to 1331, the short term average intersects the long
term average from above & falls below it, the sell signal is generated.
 The ROC lies in the overbought region which is declining from 16.90
to 4.61 in future it may decline so better to sell the shares.
 The RSI of HDFC Bank lies between 70 & 50 which may decline in
future so I recommend investors to sell the shares.

ICICI BANK
 The closing price of this script is declining from 11 th January with 1430
to 769 in March; the short term average intersects the long term
average from above & falls below it, so in future I recommend the
investors to sell the shares.
 The ROC lies in the overbought region which is declining from 9.82 to
0.16 in future it may decline so better to sell the shares.
 The RSI of these scripts lies between 60 & 50 which may decline in
future so better to sell the shares.

INFOSYS
 The moving average of Infosys is volatile in nature and it has
decreased from 1662 of February to 1439 of March, the short term
average intersects the long term average from above & falls below it,
the sell signal is generated.
 The ROC lies in the overbought region which is declining from 15.72
to 7.16 in future it may decline so better to sell the shares.
 The RSI of INFOSYS is declining from 60 to 43 which may decline
drastically in future so better to sell the shares.

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WIPRO
 The moving average of Wipro has decreased from 549 of January to
432 of March; the short term average intersects the long term average
from above & falls below it, so better to sell the shares.
 The ROC lies in the overbought region which is declining from 26.22
to 14.19 in future it may decline so better to sell the shares.
 The RSI of INFOSYS is declining from 70 to 58 which may decline
drastically in future so better to sell the shares.

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LIMITATIONS:

 For doing my project I have taken into consider only three parameters.
These parameters may not be enough to predict the future price
movements.
 Time period given is of only two months, which may not suffice the
required tenure to study the stock market. The time period was very
short.
 I have done the technical analysis only for one year; from this data we
cannot predict prices accurately.

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CONCLUSIONS:
 Remember that stocks are never too high for you to begin
buying or too low to begin selling. But after the initial
transaction don’t make a second unless the first shows you a
profit.
 There is only one side to the stock market and it is not the
bull side or the bear side but the right side.
 Always sell what shows you a loss and keep what shows you
profit.
 Technical analysis can be used, when to buy and to when to
sell the stock.
 It is very helpful in determining the trend of the stock price.

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BIBLIOGRAPHY:
The data was collected from the list of books and websites given
below:

Security Analysis & Portfolio Management – Punithavathy pandian


– Fischer and Jordan

www.investopedia.com

www.nseindia.com

www.stockchart.com

www.moneycontrol.com

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