Technical Report
Date : 06/01/2011
Market Summary
Indices
Top 5 Gainers
Top 5 Losers
Sectoral Watch
Nifty
Sensex
Stocks
% Gain
Stocks
% Loss
Sector
% G / L
Open
6141
20510
HCLTECH
2.70
HEROHONDA
4.15
BANKEX
(2.19)
High
6156
20572
SESAGOA
2.14
DLF
3.58
REALTY
(2.03)
Low
6062
20244
HINDUNILVR
1.59
IDFC
3.52
AUTO
(1.95)
Close
6080
20301
ITC
1.52
BAJAJ-AUTO
3.48
CG
(1.60)
% Chg
(1.08)
(0.96)
GAIL
1.40
HDFC
3.38
PSU
(1.05)
Source : Falcon
SENSEX DLY CHART
Market opened lower and traded with negative bias throughout the day to close in red. On the daily chart we are
witnessing that the prices are moving closer towards the rising 20day EMA which is at 20000 / 6032 level and are
likely to act as good support for the market. In coming trading session if indices trade above 20360 / 6095 levels
then they are likely to test 20430 - 20550 / 6120 - 6160 levels. However, on the downside, if indices breach
20000 / 6032 levels then next support is at 19981 / 5982 level
Stocks +ve Bias
Stocks -ve Bias
The stocks mentioned above are given considering the general direction of the trend expected over a period of 2 or
3 days. Investors / Traders are expected to use their own discretion while taking any action related to the stock.
For Private Circulation Only.
Technical Report
RESEARCH TEAM
Shardul Kulkarni
Head - Technicals
Mileen Vasudeo
Technical Analyst
Sameet Chavan
Technical Analyst
Research Team: 022-3952 6600
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