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RESEARCH

WEEKLY
STOCKS REPORT
Upward Rally Paused - Markets Tumble!

30th Aug 2010 to 04th Sep 2010

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 Weekly Report Stocks
Weekly
30th Aug to 04th Sep 2010 Agri Report
1st March to 6th Mar 2010
RESEARCH
RESEARCH

WEEK WRAP
The benchmark Sensex closed below the 18000 mark - important Values
psychological level - for the first time since July 30, 2010. The index shed
NIFTY Properties
more than 200 points in the second half of trade, dragged by shares of
financial, technology, realty, auto, capital goods and power companies. Weekly Open 5531.15
In the financial space, shares of India's largest banks - SBI and ICICI Bank Weekly Low 5549.80
plunged 2.7% each. HDFC Bank lost 2%; Axis Bank and PNB were down
over 3%. HDFC and IDFC lost 1% each. TCS, Infosys and HCL Tech from
technology pack tumbled 2.3-3.2%; Wipro lost 0.6%. Weekly High 5391.95

The 30-share BSE Sensex closed at 17,998.41, down 227.94 points or Weekly Close 5408.70
1.25% and the 50-share NSE Nifty fell 69.20 points or 1.26% to settle at
5,408.70, after witnessing an intraday low of 5,391.95. For the week,
indices lost 2.2% each. Weekly Chg% -2.21%

Total traded turnover was at Rs 1,07,985.78 crore. This included Rs Weekly Chg Points -122.45
13,119.38 crore from NSE cash segment, Rs 89,587.43 crore from NSE
F&O and the balance Rs 5,278.97 crore from BSE cash segment.

ASIAN & EMERGING MARKET World Weekly Chg

Close % CHG
Asian stocks slumped, dragging the MSCI Asia Pacific Index to its second Indices Points
drop in three weeks, as a record plunge in U.S. home sales and slowing
export growth in Japan added to evidence the global recovery is faltering. Sensex 17998.41 -403.41 -2.19%
Asian currencies declined this week, led by South Korea's won, on concern
demand for the region's exports will fall as the economic recovery in the
Nifty 5408.70 -122.45 -2.21%
U.S. falters.
Japan's benchmark bonds completed their biggest weekly decline in DOW Jones 10150.65 -62.95 -0.62%
almost eight months as Ichiro Ozawa's bid for the nation's premiership
raised concern his victory will lead to soaring government spending. Shanghai Comp. 2610.74 -31.57 -1.20%
Any effort by Japan to weaken the yen after it rallied to a 15-year high may
fail without help from the U.S. and the European Union, currency Nikkei 8991.06 -188.32 -2.05%
strategists say.
India's economic growth is gathering strength and inflation is cooling CAC 40 3507.44 -18.68 -0.52%
because of monetary tightening and “improved supply position,” central
bank Governor Duvvuri Subbarao said. FTSE 5201.60 +6.3 +0.12%
India's 10-year bonds rose the most in three weeks after central bank
Governor Duvvuri Subbarao said there is evidence inflationary pressures
are easing, signaling that the pace of rate increases will be tempered. MICRO ECONOMIC FRONT
Benchmark Chinese steel prices fell 1.9 percent this week, the first decline
The Indian rupee edged slightly lower on Friday weighed by late losses in
in six, as the government studied a property tax and economic concerns local stocks which raised concerns about sustained risk aversion in global
eroded purchases of the material used in houses and cars. markets ahead of a key speech by Federal Reserve Chairman Ben
Bernanke.

US MARKET
Federal Reserve Chairman Ben S. Bernanke said the central bank has the
tools to prevent the U.S. economy from slipping back into a recession,
while stopping short of indicating an immediate need for more stimulus.
India's 10-year benchmark federal bond yield fell to one-week lows on
Friday as traders scaled back expectations for an aggressive policy
tightening after the central bank chief said inflation pressures are easing.

The economic recovery in the U.S. weakened in the second quarter more
than previously estimated, highlighting the risks of a prolonged slackening
in growth.

The dollar fell for a second week against the yen after reports showed the
recovery in the world's largest economy may be faltering, boosting the
Japanese currency's attraction as a refuge.

Economists who decide when recessions begin and end in the U.S. are
divided over the odds of a renewed downturn, underscoring the challenge
faced by Federal Reserve Chairman Ben S. Bernanke as he vows the Fed
“will do all that it can” to sustain growth.
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 Weekly Report Stocks
Weekly
30th Aug to 04th Sep 2010 Agri Report
1st March to 6th Mar 2010
RESEARCH
RESEARCH

Sectorial Indices
Indices Open High Low Close

BANK NIFTY 11024.50 11125.50 10681.60 10727.45

CNX NIFTY JUNIOR 12115.75 12186.95 11793.25 11825.40
S&P CNX 500 4641.70 4665.10 4539.95 4550.90
CN XIT 6131.55 6190.85 5984.40 6005.90
CNX MIDCAP 8965.65 9036.30 8733.05 8757.80
CNX 100 5527.70 5544.55 5385.90 5401.40

Gainers
Scrip Current Close Change Chg %
Ind-swiftlab 123.80 82.00 50.97
Jindal Poly 832.75 568.65 46.44
Jindal Photo 283.20 199.80 41.74
Surya Pharma 287.65 203.20 41.56
Malwa Cott Spg 63.65 48.60 30.96

Losers
Scrip Current Close Change Chg %
Bil Power 193.85 250.00 -22.46
Vls Finance 23.00 28.70 -19.86
Ramsarup Ind 71.65 87.65 -18.25
Ptl Enterprisrs 42.90 52.15 -17.73
Resurg. Mines 74.65 87.40 -14.58

DII’s Investments
Indices Buy Value Sell Value Net Value

26-AUG-2010 713.50 736.70 -23.20

25-AUG-2010 438.00 857.10 -419.10

24-AUG-2010 483.10 1,124.00 -641.00

23-AUG-2010 745.90 750.10 -4.20

FII’s Investments
Indices Buy Value Sell Value Net Value
27-AUG-2010 3652.30 3495.60 156.60
26-AUG-2010 2559.40 2849.80 -290.40
25-AUG-2010 4786.30 3883.00 903.30
23-AUG-2010 2622.30 1908.40 713.90

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 Weekly Report Stocks
Weekly
30th Aug to 04th Sep 2010 Agri Report
1st March to 6th Mar 2010
RESEARCH
RESEARCH

WEEK AHEAD - Spot Nifty

Figure: 1 Nifty Weekly

TECHNICALS
NIFTY WITNESSED THE CORRECTION FROM THE UPPER
Properties Values
LEVELS AND MADE THE CLOSING BELOW THE LEVEL OF
5400. NOW THE NEXT SUPPORT FOR NIFTY SEEMS TO BE Support 1 5350
AT THE LEVELS OF 5350 TO 5355. DECISIVE CLOSING
Support 2 5225
BELOW THIS SUPPORT MAY SLIP IT TILL THE LOWER LEVELS
OF 5225 TO 5230 IN NEAR RUN AND THERE MIGHT BE THE Resistance 1 5550
SHORT TERM TREND REVERSAL IN THE MARKET. IN THE
Resistance 2 5700
UPSIDE 5350 IS THE KEY RESISTANCE POINT, CLOSING
ABOVE THIS RESISTANCE MAY FURTHER HEAD THE NIFTY
FOR THE LEVEL OF 5700.

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 Weekly Report Stocks
Weekly
30th Aug to 04th Sep 2010 Agri Report
1st March to 6th Mar 2010
RESEARCH
RESEARCH

WEEK AHEAD - Bank Nifty

Figure: 1 Bank Nifty Weekly

TECHNICALS
BANK NIFTY WITNESSED THE PROFIT BOOKING AND IN TH
Properties Values
END OF THIS WEEK MADE THE CLOSING IN THE RED ZONE.
NOW THE NEXT VITAL SUPPORT FOR BANK NIFTY SEEMS Support 1 10500
AT THE LEVEL CLOSE TO 10500. DECISIVE CLOSING
Support 2 10110
BELOW THIS SUPPORT MAY SLIP IT TILL THE LOWER LEVELS
OF 10100 TO 10110 IN NEAR RUN. SOME OF THE Resistance 1 10940
BANKING STOCKS LIKE UCO BANK, DENA BANK & SBI
MIGHT WITNESS SOME RESISTANCE, BUT OVERALL IN THIS Resistance 2 11130
WEEK WE MIGHT SEE SOME MORE CORRECTION IN
BANKING STOCKS.

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 Weekly Report Stocks
Weekly
30th Aug to 04th Sep 2010 Agri Report
1st March to 6th Mar 2010
RESEARCH
RESEARCH

STOCK OF THE
WEEK

NIIT
TECHNOLOGIES LTD.

U Y Complete Details
B

Symbol NIITTECH (NSE)

Company Name NIIT TECHNOLOGIES LTD.

Price Rs.183.65

Change Rs. 1.15

Volume 69097
52 Week High 204.00

% From High -0.86%

Day High 185.25

% o f D AV 263%

EPS 19.30

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 Weekly Report Stocks
Weekly
30th Aug to 04th Sep 2010 Agri Report
1st March to 6th Mar 2010
RESEARCH
RESEARCH

KEY STATISTICS
WHY CAN SLIM?

C Current Quarter Earning per Share. The Higher The Better.

”
Primary Factors Almost 2.57 % decline from CAN SLIM is a formula created by
Q o Q Earnings. William J. O'Neil, who is the founder of
the Investor's Business Daily and author
Source: sihl.in
of the book How to Make Money in

A Annual Earnings Increases: Look for a significant growth.

Stocks - A Winning System in Good
Times or Bad.

Primary Factors Annual Earnings showed an

increase of 12.41% YoY.

Each letter in CAN SLIM stands for one

N New Products, New Management, New Highs, Buying at
of the seven chief characteristics that
are commonly found in the greatest
Right Time. winning stocks. The C-A-N-S-L-I-M.
Primary Factors NIIT TECHNOLOGIES LTD. has chances
for a good breakout after a long
consolidation phase.
characteristics are often present prior to
a stock making a significant rise in price,
S Supply and Demand: Shares Outstanding Plus Big Volume and making huge profits for the
shareholders!
Demand.
Primary Factors NIIT TECHNOLOGIES LTD. a large cap
stock consisting of Rs. 1070 crores
Shares Outstanding
(Total Public Shareholding) O'Neil explains how he conducted an
intensive study of 500 of the biggest
L Leader or Laggard: Which is your stock? winners in the stock market from 1953
to 1990. A model of each of these
Primary Factors NIIT TECHNOLOGIES LTD. a leading companies was built and studied. Again
stock with a relative strength above and again, it was noticed that almost all
55.16% in Weekly and 52.60% in of the biggest stock market winners
Daily. had very similar characteristics just
before they began their big moves.
I Institutional Sponsorship: Follow the Leaders.
”
Primary Factors Approximately 29.27% Share
held by the Institutional
Investors(FII”s, Mutual Funds)

M 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

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 Weekly Report Stocks
Weekly
30th Aug to 04th Sep 2010 Agri Report
1st March to 6th Mar 2010
RESEARCH
RESEARCH

Technical Picture

Stock

TECHNICALS
STOCK IS TRADING IN HORIZONTAL TRADING CHANNEL Indices NIIT TECHNOLOGIES
FROM PAST SEVEN MONTHS & SO. NOWE STOCK HAS
NICE SHORT TERM CONSOLIDATION CLOSE TO THE Support 173
LEVELS OF 189 TO 190. TECHNICAL INDICATOR LIKE RSI IS
Resistance 190
ALSO LOOKING TO FORM THE REVERSE HEAD &
SHOULDER PATTERN ON LONG TIME FRAME CHART AND
ALSO ABOVE THE CENTRE LINE OF 50. OVERALL THERE IS
BEEN THE GOOD CHANCE OT HAVE BREAKOUT ABOVE
190 LEVEL. SO WE RECOMMEND LONG POSITION IN IT
ABOVE 190 FOR THE TARGETS OF 195/200/205.

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 Weekly Report Stocks
Weekly
30th Aug to 04th Sep 2010 Agri Report
1st March to 6th Mar 2010
RESEARCH
RESEARCH

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