WEEKLY STOCKS REPORT

GLOBAL RESEARCH LIMITED RESEARCH

US stocks fell on Friday as inflation worries in China prompted investors to book profits and reassess whether to keep their
US bullish positions. The CBOE Volatility Index jumped 10.8% to 20.66, the first time for the index to rise above 20 in over a
MARKET week. The CBOE Nasdaq 100 Volatility Index also surged 16.4% to 22.55.

The Dow Jones industrial average dropped 106.83 points, or 0.95%, to 11,176.27. The Standard & Poor's 500 Index fell
16.13 points, or 1.33%, to 1,197.41. The Nasdaq Composite Index slid 37.25 points, or 1.46%, to 2,518.27.

Stocks have stalled in recent sessions after a two-month rally that climaxed last week, when the Dow and NASDAQ hit levels
15th Nov - 20th Nov 2010

not seen since the collapse of Lehman Brothers in September 2008. Worries that Ireland may default on its debt as well as
declines in commodity prices and an unexpectedly weak outlook from Cisco Systems Inc helped cloud the market's outlook,
though some investors said the underlying trend is strong.

Gold suffered its biggest fall in four months on Friday, tumbling 3 percent as Chinese rate-hike talk, euro zone debt worries
and weaker Treasuries prices triggered widespread unwinding of risk in commodities.

Indian federal bond yields ended off the day's highs on Friday after weaker-than-expected factory data strengthened
expectations for a rate pause, while Monday's inflation data was being eyed to cement this view. The benchmark 10-year
bond yield ended at 8.08 percent; steady with Thursday's close and off the day's high of 8.11 percent, its highest since Nov.
MICRO 2. It fell to 8.07 percent after the industrial data. The bond yield is up 9 basis points this week. Volumes were a heavy 68.90
ECONOMIC billion rupees ($1.5 billion) on the central bank's trading platform.
18th Oct 2010 to 23rd Oct 2010 FRONT
IIP data disappoints 2-mths in a row, The September industrial output figure came in at 4.4% versus 5.6% on a MoM basis.

MARKETS ROLL DOWN AFTER The Indian rupee posted its biggest one-day fall in 5-½ months on Friday, as sharp losses in local shares and bunched-up
dollar demand after the U.S. Veteran's Day holiday weighed.

ROBUST RALLY ! The partially convertible rupee <INR=IN> closed 44.80/81 per dollar, after hitting 44.85, its weakest since Sept. 29 and
below Thursday's close of 44.31/32. The local unit ended down 1.1 percent on the day, its worst daily fall since June 1. On
the week, the rupee dropped 1.35 percent, its worst weekly fall in nearly six months.

Bears attacked on bulls and took the complete control of Dalal Street on Friday. The sell-off by foreign investors on rate hike fears in
China, payment default by Dubai group, euro zone worries and disappointing industrial production data shook the markets, The
WEEK benchmark Nifty closed well below the 6100 level and the Sensex shed more than 430 points - one of the big sell-off in last few months.
WRAP
On Friday the market kicked off the session on a weak note as the benchmark indices witnessed a gap down opening plunging deep
into the negative terrain, tracking dismal global cues. China's Shanghai led the sell-off across globe today, on the back fears that the
country may consider tightening measures soon to control rising inflation. The Index crashed 5.16% to settle at 2,985.44. Among other
Asian markets, Hang Seng, Jakarta, Nikkei, Straits Times and Taiwan Weighted fell 1.2-2%.As the day progressed, the domestic bourses NIFTY WORLD INDICES
dragged further and the dismal IIP numbers which came in post mid-session, gave market the final blow, taking the benchmark Nifty NIFTY Properties Weekly Chg Points % Chg
Values World Indices Close
below the 6,100 level.
Sensex 20156.89 -848.07 -4.03%
The 30-share BSE Sensex was trading at 20193, down 395 points and the Nifty was at 6079, down 114 points. The broader indices Weekly Open 6335.25
slipped 1.8% each. However, the Nifty November futures were trading at 26 points premium. Nifty 6071.65 -263.60 -4.16%
Weekly Low 6056.75
DOW Jones 11192.58 -251.05 -2.19%
Weekly High 6335.90
Shanghai Comp. 3129.503 -144.06 -4.60%
Weekly Close 6071.65
Asian currencies fell this week, led by South Korea's won and the Philippine peso, on speculation policy makers around the region will Nikkei 9724.91 +98.92 +1.02%
impose controls to temper the effect of surging inflows on their currencies. Weekly Chg% -263.60
ASIAN & CAC 40 3831.12 -85.61 -2.18%
EMERGING Asian stocks fell, with the regional benchmark index set for its biggest weekly loss in three months, as speculation mounted that China
Weekly Chg Points -4.16%
MARKET will increase interest rates to curb inflation.
FTSE 5796.90 -78.5 -1.33%

Industrial & Commercial Bank of China Ltd., the world's largest bank, slid 3.1 percent in Hong Kong as inflation figures released
yesterday added to concern the nation may soon raise borrowing costs.

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 WEEKLY STOCKS REPORT
RESEARCH RESEARCH

WEEK AHEAD SPOT NIFTY

SECTORIAL INDICES
Indices Open High Low Close

Figure: 1 Nifty Weekly

BANK NIFTY 13288.05 13301.85 12428.80 12457.30

CNX NIFTY JUNIOR 13532.05 13624.10 12988.20 13016.20

15th Nov - 20th Nov 2010

S&P CNX 500 5209.50 5209.50 5002.40 5012.30

CN XIT 6847.95 6891.55 6644.70 6663.20

CNX MIDCAP 9729.30 9853.45 9435.65 9458.00

CNX 100 6299.35 6299.35 6029.35 6043.05

TECHNICALS
Nifty future as mentioned earlier resulted in sharp fall below the level of 6180 Properties Values
GAINERS LOSERS and has closed below 6100 levels. Nifty future may correct some more from
Support 1 6300
Scrip Current Close Change Chg % Scrip Current Close Change Chg % current levels to 5980 levels if it continues to stay below 6140 levels. Support
Support 2 5965
for nifty future is at 6005/5950 levels and has resistance at 6145/6200 levels.
NEHA INTL 264.40 139.45 89.60 BS TRANSCOMM 217.45 378.80 -42.59 Resistance 1 6192

BEDMUTHA IND 122.25 166.20 -26.44 Resistance 2 6300

PONDYOXIDES 69.00 37.15 85.73

LAKSHMI FIN 73.30 44.45 64.90 NU TEK INDIA 31.25 35.85 -12.83

SRI CHAM.SUG 90.15 63.10 42.86 SHASUN CHEM&D 74.75 83.65 -10.63 WEEK AHEAD BANK NIFTY

ARROW WEB 132.35 92.70 42.77 ARCHIES 41.50 46.00 -9.78

Figure: Bank Nifty Weekly

DII’S INVESTMENTS FII’S INVESTMENTS
Indices Buy Value Sell Value Net Value Indices Buy Value Sell Value Net Value

10-Nov-2010 347.70 447.00 -99.30 12-Nov-2010 3103.60 2992.90 110.80

09-Nov-2010 516.20 906.80 -390.60 11-Nov-2010 2808.50 2700.90 107.60

08-Nov-2010 499.70 881.40 -381.70 10-Nov-2010 3717.20 3029.50 687.70

09-Nov-2010 4235.80 3487.20 748.60

08-Nov-2010 11809.10 4902.20 6906.90 TECHNICALS

Bank nifty future resulted in sharp fall below the level of 12750 and has
Properties Values
closed below it. Bank nifty future may correct some more from current levels
Support 1 12375
to 12320/12250 levels if it continues to stay below 12635 levels. Support for
Support 2 12229
bank nifty future is at 12390/12250 levels and has resistance at
Resistance 1 12793
12635/12750 levels.
Resistance 2 13065

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 WEEKLY STOCKS REPORT
RESEARCH RESEARCH

KEY STATISTICS

WHY CAN SLIM?

Current Quarter Earning per Share. The Higher The Better.
STOCK OF THE WEEK B A J A J A U T O LT D . C Primary Factors
Almost 15.57 % increase in Q o Q Earnings.
Sources: Sihl.in
15th Nov - 20th Nov 2010

BUY
Symbol BAJAJ-AUTO (NSE) Annual Earnings Increases: Look for a significant growth.
A Primary Factors
Company Name BAJAJ AUTO LTD.
Annual Earnings showed an increase of 131.95% Y o Y.

Price Rs.1577

Change Rs. 9.20

New Products, New Management, New Highs, Buying at
Volume 366423 “CAN SLIM is a formula N Right Time.
created by William J. O'Neil, Primary Factors
52 Week High 3070 who is the founder of the BAJAJ AUTO LTD. is set to have a breakout after good
Investor's Business Daily and consolidation phase.
% From High -48.63% author of the book How to
Make Money in Stocks - A
Winning System in Good
Day High 1620.95 Times or Bad. S Supply and Demand: Shares Outstanding Plus Big Volume
Demand.
EPS 78.66 Each letter in CAN SLIM stands Primary Factors
for one of the seven chief BAJAJ AUTO LTD. is a large cap stock consisting of Rs.
c h a r a c t e r i s t i c s t h a t a re 42187 crores Shares Outstanding (Total Public
TECHNICAL PICTURE
commonly found in the Shareholding)
greatest winning stocks. The
C-A-N-S-L-I-M.
Leader or Laggard: Which is your stock?
L Primary Factors
characteristics are often
BAJAJ AUTO LTD. is a leading stock with a relative
present prior to a stock making
strength above 74.54% in Weekly and 59.08% in
a significant rise in price, and
Daily.
making huge profits for the
shareholders!

Institutional Sponsorship: Follow the Leaders.

O'Neil explains how he I Primary Factors
conducted an intensive study
of 500 of the biggest winners Approximately 23.56% of Shares are held by the
BAJAJ AUTO LTD IS IN CONSOLIDATION PHASE BUT OVER TECHNICALS
in the stock market from 1953 Institutional Investors (FII”s, Mutual Funds etc.)
ALL TREND IS BULLISH FOR THE STOCK. IF IT MANAGES TO Indices BAJAJ AUTO LTD to 1990. A model of each of
these companies was built and
SUSTAIN ABOVE 1600 LEVEL WE CAN SEE IT TESTING 1670
Support 1575 studied. Again and again, it
LEVEL IN NEAR TERM. WE RECOMMEND BUY ABOVE 1600
Market Direction
was noticed that almost all of
the biggest stock market Primary Factors
FOR TARGET OF 1630,1650,1670 WITH SL 1575. Resistance 1600
M

Source: sihl.in
winners had very similar
If Market continues to remain in a secular uptrend,
characteristics just before they
hence overall conditions are appropriate to initiate
began their big moves.”
long position in the stock: A Big plus for the Stock

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 WEEKLY STOCKS REPORT
RESEARCH RESEARCH

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