Morning Notes 25.03.

2010

DATA MATRIX of 23.03.2010 MARKET INSIGHTS: On Tuesday,23 March 2010,The key benchmark indices swayed
INDEX Close Chg Chg% between gains and losses ahead of the derivatives expiry later this week. Pharma stocks rose
even as realty shares witnessed selling pressure. The BSE 30-share Sensex rose 40.45 points
Sensex 17451 41 0.24%
Nifty 5225 20 0.38%
or 0.23%, up close to 94 points from the day's low and off close to 80 points from the day's
Midcap 6707 14 0.21% high. Investor sentiment appeared to positive with just four out of 13 sectoral indices on the
Smallcap 8448 26 0.31% BSE closing in the red. But, the market breadth, indicating the overall health of the market,
was negative compared with a strong breadth in early trades today. . The market pared gains
soon after an initial rally. The market further trimmed gains in morning trade, after moving a
VALUE TRADED (Rs Crs) Chg%
in a narrow range in morning trade. The market once again moved in a narrow range in mid-
BSE 4209 -8.88%
morning trade. The key benchmark indices recovered from lower level after erasing almost
NSE 12425 0.18%
the entire intraday gains. However, the intraday recovery proved short-lived. The market
F&O Total 118690 15.76%
slipped into the red in afternoon trade. The key benchmark indices regained positive zone in
mid-afternoon trade. Rollover of Nifty futures from March 2010 series to April 2010 series
NET INFLOWS (Rs Crs) Chg%
was about 40% at the end of Monday's trade. Rollover in Mini Nifty futures was about 31%
FIIs 360 18.81%
and the market wide rollover stood at about 36%. In individual stocks, GTL, National
DIIs -73 121.21%
Aluminum Company, Reliance Power, GTL Infrastructure, and Bharti Airtel, have
witnessed high rollover. But rollover was low in REC, Dish TV, Essar Oil, ITC and Welspun-
FII OPEN INTEREST (Crs) Chg%
Gujarat Stahl Rohren till Monday.
FII Index Futures 16143 22.74%
FII Index Options 45777 2.21% European stocks were moderately higher on Tuesday, following a strong session in the US
on Monday. The key benchmark indices in France, Germany and UK rose by 0.53% to 0.82%.
FII Stock Futures 29008 0.56%
Most Asian shares rose on Tuesday, supported by investor expectations of an ongoing
FII Stock Options 901 0.67% recovery in the world economy, and as tech stocks drew support from gains in their US
peers. Sentiment was also lifted by the passage of the US healthcare legislation in the House
World Indices Chg % of Representatives late Sunday. The key benchmark indices in Hong Kong, Indonesia, South
Korea, and Singapore rose by 0.26% to 0.68%. But the key benchmark indices in China,
Dow Jones 10,889 0.95%
Taiwan and Japan fell by 0.31% to 0.70%.
Nasdaq 2,415 0.84%
FTSE 100 5,674 0.51% NEWS ROOM: The government will allow private-sector firms to issue infrastructure
Commodity Chg % bonds to raise funds for projects, Finance Minister Pranab Mukherjee said on Tuesday.
Crude Oil (US$/bl) 80.0 0.00% Prime minister Manmohan Singh today said there is a need to spend $1 trillion in
Gold (US$/oz) 1101 -0.27% infrastructure in the five years to 2016/17.

INDEX TOP MOVERS

SCRIPS Open High Low Close Prev Close % Change Volume
CAIRN 285.65 294.9 281.55 293.55 282.2 4.02 8003680
HDFCBANK 1835 1890 1835 1888 1837.1 2.77 1015438
JINDALSTEL 689.85 707 688.1 703.25 684.8 2.69 3044617
RANBAXY 461.8 472.9 461.8 471 458.95 2.63 1324397
CIPLA 334 343.9 334 342 333.35 2.59 2492255

INDEX TOP SHAKERS

SCRIPS Open High Low Close Prev Close % Change Volume
IDEA 69 69 64.9 65.15 67.65 -3.7 5116061
BHARTIARTL 317.2 321 305.55 307.35 316.35 -2.84 5619158
TATAMOTORS 760 768.45 736 738.7 760.2 -2.83 4765364
IDFC 163 164.9 157.8 158.1 162.7 -2.83 3164329
DLF 303.2 305.4 293.7 294.8 301.45 -2.21 8903024

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Morning Notes

MARKET OUTLOOK- CAUTIOUSLY OPTIMISTIC

Market Levels For 25 March 2010

Index Support 2 Support 1 Previous Close Resistance 1 Resistance 2 Trend
SENSEX 17030 17200 17451 17660 17750 Rangebound
NIFTY 5130 5170 5225 5270 5310 Rangebound

TECHNICAL VIEW: Well undoubtedly a volatile session we have witnessed on Tuesday ahead of March expiry . Opened on a
relatively positive note spot index continue to trade in a narrow range between 5200-5260. Domestic indices seems to be consolidated
near 5260-5270 from last few days though momentum keeps on buying side. We might see some mild correction in near term though we
believe it should be a decent opportunity to go long. Remember we have said that any break out above 5180 may lead spot index to 5260-
5270 where possibility of profit booking shouldn't be rule out. Exactly to our expectation markets reached 5260 in a short span of time and
found stiff resistance to cross it.
For today’s session we expect slightly moderate scenario with range bound trading between 5170-5270. We believe markets should
continue its positive momentum till 5030 wouldn't be breach down with substantial volumes. Hence traders are advised to book partial
profits in their long positions at current levels and use ‘Buy on dip’ strategy on any correction though we may witness a short term
consolidation near 5100 level. Happy trading...

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

BANK NIFTY 8900 9030 9228 9330 9450 Rangebound

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Mansukh Securities and Finance Ltd SEBI Regn No. BSE: INB010985834 / NSE: INB230781431
Office: 306, Pratap Bhavan, 5, Bahadur Shah Zafar Marg, New Delhi-110002 PMS Regn No. INP000002387
Phone: 011-30123450/1/3/5 Fax: 011-30117710 Email: research@moneysukh.com
Website: www.moneysukh.com
 TECHNICAL RECOMMENDATIONS FOR 25MAR’10

Scrip CMP Buy Near Stop Loss Target 1 Target 2 Trend

CREST 99.95 98 96 100 102 Rangebound

Scrip CMP Buy Near Stop Loss Target 1 Target 2 Trend

JUPITER 84.85 83 81 85 87 Rangebound
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Mansukh Securities and Finance Ltd SEBI Regn No. BSE: INB010985834 / NSE: INB230781431
Office: 306, Pratap Bhavan, 5, Bahadur Shah Zafar Marg, New Delhi-110002 PMS Regn No. INP000002387
Phone: 011-30123450/1/3/5 Fax: 011-30117710 Email: research@moneysukh.com
Website: www.moneysukh.com
 TECHNICAL RECOMMENDATIONS FOR 25MAR’10

Scrip CMP Buy Near Stop Loss Target 1 Target 2 Trend

SHREE ASTHA 12 11.75 11.5 12.25 12.5 50

Scrip CMP Sell Near Stop Loss Target 1 Target 2 Trend

CORE PRO 254.9 260 265 255 250 Rangebound
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Morning Notes

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Office: 306, Pratap Bhavan, 5, Bahadur Shah Zafar Marg, New Delhi-110002 PMS Regn No. INP000002387
Phone: 011-30123450/1/3/5 Fax: 011-30117710 Email: research@moneysukh.com
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