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EQUITY
Market
Week : June 13th to 17th June 2011

REPORT

WEEKLY
Analyst Speak

Lackluster Trade May Continue With Low Volumes

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Week : June 13th to 17th June 2011

Week : June 13th to 17th June 2011

Global Market News

Weekly Wrap
The Nifty opened in red and remained subdued until the industrial output data for the month of April came in at 6.3%, putting pressure on stocks from capital intensive sectors. The S&P CNX Nifty touched a low of 5,457 in the afternoon session and recovered partially to closed at 5,486, down 35 points. The BSE benchmark Sensex ended at 18,269, down 116 points, recovering from a low of 18,183. Consumer Durables index witnessed buying interest on back of normal monsoon boosting demand for consumer goods. Whirlpool advanced 3.7%, Titan climbed 1.8% and Bajaj Electrical rallied 1.6%. From the broader markets, midcap and the smallcap indices closed down 0.3% and 0.4% each.

Global Market Analysis

NIFTY
NIFTY Properties Weekly Open Weekly High Weekly Low Weekly Close Weekly Chg Points Weekly Chg% Values 5504.30 5570.10 5457.45 5485.80 -18.2 -0.33%

World Indices
World Indices Sensex Nifty DOW Jones Shanghai Comp. Nikkei CAC 40 FTSE Close 18268.54 5485.80 11951.11 2706.18 9514.44 3805.09 5765.80 Weekly Chg Points -77.3 -18.2 -200.15 -21.84 -22.23 -85.59 -89.02 % Chg -0.42% -0.33% -1.65% -0.80% -0.23% -2.19% -1.52%

Asian & Emerging

Asian markets face monetary policy risks : With the international economic environment fraught with uncertainty, policymakers have been slow to tighten monetary policy in Asia, which has resulted in the creation of asset bubbles and high credit growth. This, according to Deutsche Bank's latest report, Global Economic Perspectives, leaves Asian markets vulnerable to further rate hikes. China shares end at 4-1/2-month low: China's main stock index ended down 1.7 percent on Thursday, with financials and property shares weak, as sentiment was hurt by a plunge in B shares and worries over further monetary policy tightening. Seoul shares end down on global economic concerns : Seoul shares finished lower on Thursday, falling for a sixth consecutive session, after U.S. stocks failed to rebound on further evidence of a U.S. economic slowdown.

Sectorial Indices
Indices BANK NIFTY CNX NIFTY JUNIOR S&P CNX 500 CN XIT CNX MIDCAP CNX 100 Open 10734.25 11302.55 4451.15 6664.65 7992.70 5442.15 High 10918.25 11440.20 4496.30 6689.75 8081.27 5501.45 Low 10627.60 11228.90 4424.00 6633.90 7943.80 5391.80 Close 10714.25 11278.45 4442.80 6653.45 7992.05 5424.50

US Market
It was a brutal week for US stock markets, as investors sold-off shares on signs that growth in the world's largest economy was slowing. The benchmark S&P 500 recorded its sixth straight weekly decline on Friday and volume has picked up, as it typically does, on down days. Another week of selling will mark the longest stretch of weekly losses for the index since 2001. The Standard & Poor's 500 index fell 15, or 1.1 percent, to 1,274. The Nasdaq dropped 31, or 1.2 percent, at 2,654. The Nasdaq has now give up nearly all its gains for the year. The Dow is still up 3.6 percent for 2011, the S&P 1.4 percent.

Gainers
Scrip INDIAN TERRA TAINWALA CHEM KALYANI FORGE OSWAL MINERAL Current Close 124.50 29.65 191.90 39.70 37.60 Change 83.40 22.00 143.10 30.70 29.40 Chg % 49.28 34.77 34.10 29.31 27.89

Losers
Scrip SUN TV SANGHVI FORG TCI DEVELOP ESSAR PORTS SURAJ DIAMOND Current Close 305.35 65.55 191.50 103.55 47.10 Change 377.75 80.30 223.40 120.55 54.35 Chg % -19.16 -18.36 -14.27 -14.10 -13.33

Micro Economic Front

Food inflation up to 9.01% for week ended May 28 : Notwithstanding the government's projections of a moderation in the rate of price rise of food items, food inflation jumped to a two-month high of 9.01% for the week ended May 28 on the back of costlier fruits, onions and protein-based items. Food inflation, as measured by the Wholesale Price Index (WPI), was 8.06% in the previous week, while it was as high as 20.62% during the last week of May, 2010. China's economy is predicted to grow by 9.3% this year, before slowing to 8.7 percent in 2012 and 8.8% in 2013, said the World Bank forecast in its twice-yearly Global Economic Prospects report, which was released on Wednesday. Oil, food prices brake global growth: World Bank : Rising food and fuel prices are taking the wind out of the global economy's recovery this year, the World Bank has said, cutting its forecast for global growth.

LAKSHMI FIN

DIIs Investment
Indices 09-Jun-2011 08-Jun-2011 07-Jun-2011 06-Jun-2011 Buy Value 273.70 278.70 312.70 470.60 Sell Value 228.80 257.20 285.60 295.30 Net Value 44.90 21.50 27.10 175.30

FIIs Investment
Indices 10-Jun-2011 09-Jun-2011 08-Jun-2011 07-Jun-2011 06-Jun-2011 Buy Value 1,839.70 1,905.40 2,012.70 1,572.60 1,982.90 Sell Value 1,693.70 1,730.60 1,976.40 1,995.60 1,445.30 Net Value 146.10 174.80 36.30 -423.00 537.60

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Week : June 13th to 17th June 2011

Week : June 13th to 17th June 2011

Weekly Analysis
Spot Nifty

Observation

Expert

Stock Of The Week

Observation

Expert

TECHNICAL OVERVIEW The Nifty futures closed and settled finally at 5484.15 down by -35 points or -0.63 %. It is looking bearish in the coming trading session if it manages to trade below the support level of 5440 else above resistance level of 5520 it would be in an upward trend.

TECHNICAL LEVELS
Properties Support 1 Support 2 Resistance 1 Resistance 2 Values 5440 5320 5520 5630

Weekly Chart

ANALYST RECOMMEND

BUY
INDIA INFOLINE LTD.
Symbol
INDIAINFO (NSE)

Bank Nifty

Company Name
INDIA INFOLINE LTD.

Price
`82.70

Change
`1.05

Volume
1026901

52 Week High
129.65

% From High
-36.21%

Day High
83.50

EPS
4.27

Weekly Chart

Stock Analysis
TECHNICALS
INDIA INFOLINE IS IN CONSOLIDATION PHASE FROM LONG TIME . .IF IT MANAGES TO SUSTAIN ABOVE 84. IT WILL TAKE UP MOVE .WE RECOMMEND TO BUY INDIA INFOLINE IN CASH ABOVE 84 TARGET 87.50,92 WITH STOP 80.70 .
Indices
INDIA INFOLINE

Support Resistance

80.70 84.00

TECHNICAL OVERVIEW Bank Nifty Futures shut stop at 10690.05 down by -98.60 points or 0.91 %. It is looking bearish in the coming trading session if it manages to trade below the support level of 10600 else above resistance level of 10815 it would be in an upward trend.

TECHNICAL LEVELS
Properties Support 1 Support 2 Resistance 1 Resistance 1 Values 10600 10330 10815 10990

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Week : June 13th to 17th June 2011

Week : June 13th to 17th June 2011

CAN SLIM
WHY CAN SLIM?
CAN SLIM is a formula created by William J. O'Neil, who is the founder of the Investor's Business Daily and author of the book How to Make Money in Stocks - A Winning System in Good Times or Bad. Each letter in CAN SLIM stands for one of the seven chief characteristics that are commonly found in the greatest winning stocks. The C-A-N-S-L-I-M. characteristics are often present prior to a stock making a significant rise in price, and making huge profits for the shareholders! O'Neil explains how he conducted an intensive study of 500 of the biggest winners in the stock market from 1953 to 1990. A model of each of these companies was built and studied. Again and again, it was noticed that almost all of the biggest stock market winners had very similar characteristics just before they began their big moves.

S
Supply and Demand: Shares Outstanding Plus Big Volume Demand.
Primary Factors INDIA INFOLINE LTD. is a mid cap stock consisting of Rs. 2365.33 crores Shares Outstanding (Total Public Shareholding).

L
Leader or Laggard: Which is your stock?
Primary Factors

INDIA INFOLINE LTD. is a leading stock with a relative strength above 53.13% in Weekly and 64.50% in Daily.

KEY STATISTICS

C
Current Quarter Earning per Share. The Higher The Better.
Primary Factors Almost 51.16% decline in Q o Q Earnings.

I
Institutional Sponsorship: Follow the Leaders.
Primary Factors Approximately 36.94% of Shares are held by the Institutional Investors (FIIs, Mutual Funds etc.)

M A
Annual Earnings Increases: Look for a significant growth.
Primary Factors Annual Earnings showed an increment of 43.64% Y o Y.

Market Direction
Primary Factors If Market continues to remain in a secular uptrend, hence overall conditions are appropriate to initiate long position in the stock: A Big plus for the Stock.

Disclaimer
The information and views in this report, our website & all the service we provide are believed to be reliable, but we do not accept any responsibility (or liability) for errors of fact or opinion. Users have the right to choose the product/s that suits them the most.

N
New Products, New Management, New Highs, Buying at Right Time.
Primary Factors INDIA INFOLINE LTD. is set to have a breakout as it is being consolidating with positive biasness from last many trading sessions.

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