Global Research Limited

EQUITY
Market
Week : July 04th to 08th July 2011

REPORT

WEEKLY
Analyst Speak

Market Jolted Northward, Nifty Touched 5700 Mark

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Week : July 04th to 08th July 2011

Week : July 04th to 08th July 2011

Global Market News

Weekly Wrap
The benchmark stock index fell, halting a six-day advance, as some investors judged the rally excessive and the manufacturing grew at the slowest pace in nine months. Maruti Suzuki India, India's biggest automaker, slid to a one week low after sales declined for the first time since December 2008 as a strike curbed production. Hindustan Unilever, India's biggest homeproducts maker, lost 2%. Reliance Industries, the most valuable company, lost the most in 10 days. The S&P CNX Nifty Index on the National Stock Exchange lost 0.4% to 5,627.20 and its July futures settled at 5,632.85. The BSE 200 Index was unchanged. Maruti fell 1.4% to . 1,143.15, its lowest level since June 24. The carmaker sold 80,298 vehicles in June, compared with 88,091 units a year ago, according to an emailed statement on Friday. Local sales dropped 3.8% to 70,020 and exports tumbled 33%.

Global Market Analysis

NIFTY
NIFTY Properties Weekly Open Weekly High Weekly Low Weekly Close Weekly Chg Points Weekly Chg% Values 5441.20 5705.80 5434.25 5627.20 +186.0 +3.41%

World Indices
World Indices Sensex Nifty DOW Jones Shanghai Comp. Nikkei CAC 40 FTSE Close 18762.80 5627.20 12582.77 2759.36 9868.07 4007.35 5989.76 Weekly Chg Points +522.14 +186 +658.19 13.15 +189.36 +222.25 +2.92.06 % Chg +2.86% +3.41% +5.52% +0.47% +1.95% +5.88% +5.12%

Asian & Emerging

Asian shares extended gains, with banks and resources in the lead, after Greece approved austerity measures in a move to secure additional international financial aid. Commonwealth Bank of Australia gained 0.9% to AUD 51.85 while Mitsubishi UFJ Financial Group rose 2.1% to Y390 in Tokyo. Sumitomo Mitsui Financial Group gained 1.2% while Tokyo-listed shares of Citigroup were up 2.8%. Exporters extended gains with Sony up 1.7% in Tokyo. The Japanese electronics giant reshuffled the management of its computer games unit, following a recent large-scale hacking attack on its PlayStation Network. LG Electronics, the world's thirdlargest handset maker by sales, added 0.5%. Cosco Pacific, operator of container facilities at Greece's Piraeus port, advanced 1.9% in Hong Kong.

Sectorial Indices
Indices BANK NIFTY CNX NIFTY JUNIOR S&P CNX 500 CN XIT CNX MIDCAP CNX 100 Open 10808.90 10972.90 4375.95 6437.10 7798.70 5364.70 High 11359.95 11335.40 4554.50 6715.65 8054.65 5601.40 Low 10774.10 10950.90 4221.90 6428.70 7789.00 5360.40 Close 11255.00 11291.75 4522.05 6674.75 8026.10 5541.60

US Market
US stocks started July with a bang on Friday with Wall Street scoring its best week in two years on strong manufacturing data that eased concerns about slowing growth. The Dow Jones industrial average rose 168.43 points, or 1.36%, to end at 12,582.77. The Standard & Poor's 500 Index added 19.03 points, or 1.44%, to finish at 1,339.67. The Nasdaq Composite Index shot up 42.51 points, or 1.53%, to close at 2,816.03. Consumer discretionary stocks led the day's advance but trading volume was well below average ahead of the long Fourth of July holiday weekend. The S&P consumer discretionary sector index gained 2%, led by education firm Apollo Group, which was one of the S&P's top percentage gainers, up 6.4% at USD 46.47.

Gainers
Scrip INDLINVTRUST GMR IND VARUN INDUS ORISSA MINER AVT NATURAL Current Close 215.45 135.45 224.00 59,198.50 266.45 Change 160.65 101.40 171.05 45,400.00 205.75 Chg % 34.11 33.58 30.96 30.39 29.50

Losers
Scrip TITAN INDS GUJ MEDITECH TIMBOR HOME SYSTMTX CORPS GTL Current Close 215.00 43.90 68.55 72.65 90.75 Change 4,288.00 59.55 91.20 94.00 116.00 Chg % -94.99 -26.28 -24.84 -22.71 -21.77

Micro Economic Front

Food inflation falls below 8% : Annual food inflation eased to a six-week low of 7.78% in the week to June 18, from 9.13% a week earlier, although the fuel price increase and its knock-on effects are expected to maintain pressure on the central bank to continue with monetary policy tightening. "We are committed to a growth rate of 9 to 10% per annum. Our savings rate is about 34 to 35% of our GDP...With an investment rate of 36-37% [and] capital output ratio of 4:1, we can manage to have a growth rate of 9%," he said while interacting with a group of editors here. Local oil product sales, a proxy for domestic oil demand in Asia's third-largest oil consumer, rose to 12.93 million tonne in May, the government data showed, driven by diesel sales as dealers topped up tanks expecting a price increase.

DIIs Investment
Indices 29-Jun-2011 28-Jun-2011 27-Jun-2011 Buy Value 767.50 657.60 570.50 Sell Value 633.00 550.90 653.90 Net Value 134.60 106.80 -83.40

FIIs Investment
Indices 30-Jun-2011 29-Jun-2011 28-Jun-2011 27-Jun-2011 Buy Value 3,107.40 2,913.20 3,887.50 3,682.70 Sell Value 2,335.60 1,897.20 2,096.60 2,660.80 Net Value 771.80 1,016.10 1,790.90 1,021.80

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Week : July 04th to 08th July 2011

Week : July 04th to 08th July 2011

Weekly Analysis
Spot Nifty

Observation

Expert

Stock Of The Week

Observation

Expert

TECHNICAL OVERVIEW The Nifty futures closed and settled finally at 5632.85 down by 22.55 points or 0.40 %. It is looking bullish in the coming trading session if it manages to trade above the resistance level of 5726 else below support level of 5600 it would be in a downward trend.

TECHNICAL LEVELS
Properties Support 1 Support 2 Resistance 1 Resistance 2 Values 5600 5564 5726 5790

Weekly Chart

ANALYST RECOMMEND

BUY
ALSTOM PROJECTS
Symbol
APIL (NSE)

Bank Nifty

Company Name
ALSTOM PROJECTS INDIA LTD.

Price
`527.70

Change
`15.55

Volume
173451

52 Week High
824

% From High
-35.95%

Day High
527.85

EPS
25.20

Weekly Chart

Stock Analysis
TECHNICALS
ALSTOM PROJECTS IS IN CONSOLIDATION PHASE FROM LAST TWO
Indices
ALSTOM PROJECTS

TECHNICAL OVERVIEW Bank Nifty Futures shut stop at 11301 up by 39.95 or 0.35 %. It is looking bullish in the coming trading session if it manages to trade above the resistance level of 11350 else below support level of 11140 it would be in a downward trend.

TECHNICAL LEVELS
Properties Support 1 Support 2 Resistance 1 Resistance 2 Values 11140 10810 11350 11780

WEEK, IF IT MANAGES TO SUSTAIN ABOVE 535. IT WILL TAKE UP MOVE .WE RECOMMEND TO BUY ALSTOM PROJECT IN NSE IN CASH ABOVE 535 TARGET 545,556 WITH STOPLOSS OF 525.

Support Resistance

525 535

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Week : July 04th to 08th July 2011

Week : July 04th to 08th July 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 ALSTOM PROJECTS LTD. is a mid cap stock consisting of Rs. 3401.35 crores Shares Outstanding (Total Public Shareholding)

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

ALSTOM PROJECTS LTD. is a leading stock with a relative strength above 39.97% in Weekly and 42.85% in Daily.

KEY STATISTICS

C
Current Quarter Earning per Share. The Higher The Better.
Primary Factors Almost 431.64% increase in Q o Q Earnings.

I
Institutional Sponsorship: Follow the Leaders.
Primary Factors Approximately 15.58% 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 increase of 0.98% 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 ALSTOM PROJECTS LTD. is set to have a breakout as it is being consolidating with positive biasness from last many trading sessions.

Investment in Stock has its own risks. Sincere efforts have been made to present the right investment perspective. The information contained herein is based on analysis and up on sources that we consider reliable. We, however, do not vouch for the accuracy or the completeness thereof. This material is for personal information and we are not responsible for any loss incurred based upon it & take no responsibility whatsoever for any financial profits or loss which may arise from the recommendations above. The stock price projections shown are not necessarily indicative of future price performance. The information herein, together with all estimates and forecasts, can change without notice. CapitalVia does not purport to be an invitation or an offer to buy or sell any financial instrument. Analyst or any person related to CapitalVia might be holding positions in the stocks recommended. It is understood that anyone who is browsing through the site has done so at his free will and does not read any views expressed as a recommendation for which either the site or its owners or anyone can be held responsible for. Our Clients (Paid Or Unpaid), Any third party or anyone else have no rights to forward or share our calls or SMS or Report or Any Information Provided by us to/with anyone which is received directly or indirectly by them. If found so then Serious Legal Actions can be taken. Any surfing and reading of the information is the acceptance of this disclaimer. All Rights Reserved.

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