Real life predictability is not so rewarding...

Predict the Sensex with

make more, for sure. MANSUKH & win daily cash prizes!

MORNING NOTE 25 OCT, 2010

MARKET INSIGHTS: On Friday Oct 22 2010, The domestic markets witnessed an
DATA MATRIX OF LAST SESSION
extremely choppy session today, the start of the markets was good tracking the positive
INDEX Close Chg Chg cues from the global markets, some follow on of the last day's triple digit rally was seen
Sensex 20166 -95 -0.47% in the morning trade supported by the stellar numbers from the IT bellwether TCS, which
Nifty 6066 -36 -0.59% became the first IT company to clock $2 bn revenue. In the very early trade the markets
surged to their high point, but afterwards profit booking emerged taking the markets in
Midcap 8426 23 0.27% the negative terrain in the very first hour. The markets gyrated in a narrow band till the
Smallcap 10724 32 0.30% late morning session and small upward spurt was seen in the early noon session taking
the markets into the positive terrain. IT sector kept buzzing throughout the day on the
VALUE TRADED (Rs Crs) Chg back of surge in the TCS shares that touched its fresh 52 week high. Though the star
performer of the previous session 'FMCG' sector languished in red from the very
BSE 5866 21.65%
beginning and witnessed huge unwinding of positions. The weak start of the European
NSE 15389 -0.31% markets fuelled the decline in the markets again and the in the late noon session the
F&O Total 140650 -7.05% benchmarks started losing traction that continued till the last and at one point of the day
Sensex declined below 20100 mark while the Nifty slipped below 6050 mark.
NET INFLOWS (Rs Crs) Chg The BSE Sensex declined 94.72 points or 0.47% to settle at 20,165.86 (Provisional)
while the S&P CNX Nifty slipped 38.20 points or 0.63% to end at 6063.30
FIIs 584.0 -31%
(Provisionally). The BSE Sensex touched a high and a low of 20,351.74 and 20,088.67
DIIs 327.0 -242% respectively. There were 7 advances against 23 declines on the index. The S&P CNX
Nifty touched a high and a low of 6,121.10 and 6,041.35, respectively (Provisional).
FII OPEN INTEREST (Crs) Chg There were 16 advances against 34 declines on the index. (Provisional)
FII Index Futures 15261 -4.74% IT up 1.01%, Teck up 0.51%, CD up 0.50%, PSU up 0.16% and Oil & Gas up 0.11%
FII Index Options 64260 0.07% were the major gainers on the BSE sectoral space, while Realty down 1.57%, FMCG
down 1.31%, Metal down 1.14%, Auto down 0.79% and CG down 0.41% were the
FII Stock Futures 45145 -0.41%
major laggards on the BSE sectoral space. The broader indices ended in the green
FII Stock Options 1422 0.71% region; the BSE Mid-cap and Small-cap indices gained 0.32% and 0.35% respectively.
There were 1377 advances against 1505 declines on the index. (Provisional)
World Indices Chg Asian markets finished mostly in the positive terrain on last trading day of the week.
Dow Jones 11133 -0.12% The better-than-expected US jobs data boosted the investors' confidence in the
region. Jakarta Composite rose 9.73 points or 0.27% to 3,597.75, Nikkei 225 jumped
Nasdaq 2479 0.77%
50.23 points or 0.54% to 9,426.71, Straits Times added 10.04 points or 0.32% to
FTSE 100 5741 -0.30% 3,173.57, Seoul Composite surged 22.62 points or 1.21% to 1,897.31 and Taiwan
Weighted advanced 36.83 points or 0.45% to 8,168.06. On the flip side, Shanghai
Commodity Chg Composite slipped 8.49 points or 0.28% to 2,975.04, Hang Seng declined 131.94
Crude Oil (US$/bl) 83.00 1.22% points or 0.56% to 23,517.54 and KLSE Composite was down by 0.38 points or 0.03%
to 1,490.64.
Gold (US$/oz) 1,328.00 0.08%

INDEX TOP MOVERS

SCRIPS Open High Low Close Prev Close % Change Volume
TCS 1022 1049.4 1022 1038 986.2 5.25 4805202
SIEMENS 809.85 841 803.05 837 808.2 3.56 696768
RANBAXY 597.2 608.9 592.8 606.05 596.05 1.68 1038901
SUZLON 59.15 60 58.7 59.8 58.95 1.44 15842877
PNB 1318 1335 1315 1334.85 1318.8 1.22 493181
INDEX TOP SHAKERS
SCRIPS Open High Low Close Prev Close % Change Volume
WIPRO 463.7 463.7 444.15 450 470.15 -4.29 3863860
AXISBANK 1513.85 1513.85 1461 1465 1506.3 -2.74 926228
SESAGOA 353 354 340.55 342.2 351.75 -2.71 4365128
JPASSOCIAT 129.85 129.85 125.05 125.8 129.05 -2.52 5895662
DLF 374 374 361.55 363.05 372.15 -2.45 3950276
Please refer to important disclosures at the end of this report For Private circulation Only For Our Clients Only

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
Morning Notes
make more, for sure.

MARKET OUTLOOK- CAUTIOUSLY OPTIMISTIC

TODAY'S MARKET LEVELS

Index Support 2 Support 1 Previous Close Resistance 1 Resistance 2 Trend
SENSEX 19650 19870 20166 20380 20590 Rangebound
NIFTY 5980 6025 6066 6130 6175 Rangebound
MARKET VIEW:
Quite a consolidated session we have gone through in the last session. Opened on a relatively flat note, spot index consolidated below 6100
level through out the day though investors will keen to remain edgy due to weekend. Technically spot index seems to be in a retracement
phase of the entire rally from the lows of 5400 to 6240. Therefore next level of support could be around 5930-5940(38% retracement)where
possibility of consolidation couldn't be rule down. Moreover we believe Q2FY11earnings sessions will act as a trend decider in the upcoming
sessions and any positive outcome may leap indices towards its previous highs of 6357 in a short span of time. On the flip side any negative
inflows from global as well as domestic front will shattered the current euphoria however traders may use 5850 as an opportunity to re-enter.
HAPPY TRADING....

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

BANK NIFTY 12080 12225 12417 12690 12770 Rangebound
Please refer to important disclosures at the end of this report For Private circulation Only For Our Clients Only

Mansukh Securities and Finance Ltd SEBISEBI

RegnRegn
No. BSE:
No.INB010985834
Mansukh
Office: Securities
306, Pratap and Shah
Bhavan, 5, Bahadur Finance LtdNew Delhi-110002
Zafar Marg,
BSE: INB010985834
/ NSE: INB230781431
/ NSE: INB230781431
Office:011-30123450/1/3/5
306, Pratap Bhavan,Fax:
5, Bahadur Shah Zafar PMS Regn
PMSNo.Regn
INP000002387
No. INP000002387
Phone: 011-30117710 Email:Marg, New Delhi-110002
research@moneysukh.com
Phone: 011-30123450/1/3/5
Website: www.moneysukh.com Fax: 011-30117710 Email: research@moneysukh.com
Website: www.moneysukh.com
Morning Notes
make more, for sure.
INTRA DAY TECHNICAL RECOMMENDATIONS

Scrip CMP Buy Near Stop Loss Target 1 Target 2 Trend

ABAN 832 825 815 840 850 Rangebound

Scrip CMP Buy Near Stop Loss Target 1 Target 2 Trend

ADORWELDING 222.45 220 215 226 232 Rangebound
Please refer to important disclosures at the end of this report For Private circulation Only For Our Clients Only

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
Morning Notes
make more, for sure.
INTRA DAY TECHNICAL RECOMMENDATIONS

Scrip CMP Buy Near Stop Loss Target 1 Target 2 Trend

BAJAJ ELEC 327.75 325 320 330 335 Rangebound

Scrip CMP Buy Near Stop Loss Target 1 Target 2 Trend

BOSCH 6107 6090 6060 6150 6180 Rangebound

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
Morning Notes
make more, for sure.

NAME DESIGNATION E-MAIL

Varun Gupta Head - Research varungupta@moneysukh.com
Pashupati Nath Jha Research Analyst pashupatinathjha@moneysukh.com
Vikram Singh Research Analyst vikram_research@moneysukh.com

For more copies or other information, please send your query at research@moneysukh.com

Note: Please refer our Derivative Report for recommendation on OPTION STRATEGIES.

Additional Information with respect to the securities referred in our derivative calls is uploaded on our website.
Please note that our technical calls are totally independent of our fundamental calls
Technical Trends calls are based on momentum, Investors/Traders are requested to observe following discipline to take maximum advantage of the
products
-Entry/exit will be on the basis of price or time priority
-Use strict stop loss at 15% from your average acquisition price
This report is prepared for the exclusive use of Mansukh Group clients only and should not be reproduced, recirculated,published in any media, website
or otherwise, in any form or manner, in part or as a whole, without the express consent in writing of Mansukh Securities and Finance Ltd. Any
unauthorized use, disclosure or public dissemination of information contained herein is prohibited.
This data sheet is for private circulation only and the said document does not constitute an offer to buy or sell any securities mentioned herein. While
utmost care has been taken in preparing the above, we claim no responsibility for its accuracy. We shall not be liable for any direct or indirect losses
arising from the use thereof and the investors are requested to use the information contained herein at their own risk.

Please refer to important disclosures at the end of this report For Private circulation Only For Our Clients Only

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