17 Sep Morning

8/8/2019 17 Sep Morning

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Mansukh Securities and Finance LtdOffice: 306, Pratap Bhavan, 5, Bahadur Shah Zafar Marg, New Delhi-110002Phone: 011-30123450/1/3/5 Fax: 011-30117710 Email: [email protected]: www.moneysukh.com

SEBI Regn No. BSE: INB010985834 / NSE: INB230781431PMS Regn No. INP000002387

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

The key benchmark indices edged lower asprofit taking emerged after a recent solid surge. The market today, 16 September 2010,snapped a seven day winning streak. Weak European stocks and US index futuresweighed on investor sentiment. Intraday volatility was very high. The BSE 30-shareSensex was provisionally down 66.92 points or 0.34% to 19,435.19, off 201.47 points from

the day's high and up 51.73 points from the day's low. The market breadth was weak.Banking and realty shares rose after the Reserve Bank of India (RBI) signaled that it maybe nearing a pause in its current tightening cycle. Metal stocks declined after metal pricesdeclined on the London Metal Exchange on Wednesday, 15 September 2010. IT stocksslipped on worries about a slow global economic recovery. The market surged to a fresh32-month high in afternoon trade after the Reserve Bank of India (RBI), at a mid-termpolicy review, signaled that it may be nearing a pause in its current tightening cycle. Themarket came off the higher level later. The market hit a fresh intraday low in late trade.The Sensex came off the lower level later.

was down 66.92 points or 0.34% to19,435.19. The Sensex rose 134.55 points at the day's high of 19,636.66 in afternoontrade, its highest level since 18 January 2008. The index fell 118.65 points at the day'slow of 19,383.46 in late trade. The S&P CNX Nifty was down 29.65 points or 0.51% to5,831.30. Nifty struck a high of 5,901.65 in afternoon trade, its highest level since 18 January 2008.

unexpectedly fell inAugust 2010, the first decline since January 2010. The key benchmark indices inFrance, UK and Germany were down by 0.13% to 0.21%. Asian stocks fell on Thursdayas resource sector stocks declined in the wake of lower commodity prices. The keybenchmark indices in Indonesia, Hong Kong, South Korea, Taiwan and China weredown by 0.13% to 1.89%. But, Singapore's Straits Times rose 0.10%.

, financial services andmanufacturing firms, Corporate India has paid 15% higher advance tax in the June-September 2010 quarter over the year-ago period.

Rs 27,947 crore in August 2010over August 2009. For the first five months from April 2010 to August 2010 of the

current fiscal, the centre's indirect tax collections grew nearly 46% to Rs 1,24,170 croreover the previous year. The centre has targeted indirect tax collections of Rs 3.15 lakhcrore for the fiscal year ending March 2011

MARKET INSIGHTS:

NEWS ROOM:

On Thursday Sep 16 2010,

As per provisional figures, the BSE 30-share Sensex

European stocks declined after a report showed UK retail sales

Buoyed by earnings growth in banks

The government's indirect tax collections grew 45% to

SCRIPS Open High Low Close Prev Close % Change VolumeSUZLON 51.95 53.8 51.6 53.15 51.65 2.9 3569096

DLF 340 356.5 334.25 350.95 341.15 2.87 1225386MARUTI 1360 1405.4 1358.9 1397.9 1368.65 2.14 123807

SUNPHARMA 1815 1849 1776 1840 1805.9 1.89 343526ABB 805 829.75 803.25 815.35 801.5 1.73 301569

SCRIPS Open High Low Close Prev Close % Change VolumeINFOSYSTCH 3032.05 3032.05 2958.25 2961.9 3052.85 -2.98 886123

STER 174.5 174.8 169.4 169.8 174.55 -2.72 477975RCOM 162.95 163.5 157.6 158.25 162.2 -2.44 447129

JPASSOCIAT 125.55 125.55 121.7 121.95 124.95 -2.4 650106TCS 908 913.45 864.5 895 914.8 -2.16 1167132

INDEX TOP MOVERS

INDEX TOP SHAKERS

INDEX Close Chg ChgSensex 19417 -85 -0.44%Nifty 5829 -32 -0.55%Midcap 7990 -78 -0.97%Smallcap 10144 -42 -0.41%

VALUE TRADED (Rs Crs) ChgBSE -0.47%NSE -5.00%F&O Total 8.64%

NET INFLOWS (Rs Crs) ChgFIIs -49%DIIs -221%

FII OPEN INTEREST (Crs) ChgFII Index Futures 6.09%FII Index Options 0.96%FII Stock Futures -0.61%FII Stock Options 1.78%

ChgDow Jones 0.21%Nasdaq 0.09%FTSE 100 -0.27%

Commodity ChgCrude Oil (US$/bl) -0.11%Gold (US$/oz) 0.65%1,277.30

2303

DATA MATRIX OF LAST SESS ION

526416362147775

1120.0-1105.0

5540

78.9

1578

World Indices10595

229738162839499

Real life predictability is not so rewarding...

Predic t the Sensex w ith& w in da ily c a sh p rizes!MANSUKH

MORNING NOTE 17 SEP, 2010

make more, for sure.
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Mansukh Securities and Finance LtdOffice: 306, Pratap Bhavan, 5, Bahadur Shah Zafar Marg, New Delhi-110002

Phone: 011-30123450/1/3/5 Fax: 011-30117710 Email: [email protected]: www.moneysukh.com



TECHNICAL VIEW: Well quite a choppy session we have gone through yesterday. Opened on a relatively flat notedomestic indices continues its positivism and reach above 5900 in afternoon trade though profit booking on higher levels driftindices with marginal losses. For the upcoming sessions we believe spot index may continue its bullish tone howeverpossibility of profit booking cant be rule out. Technically indicators also shown some over bought symptoms in the near term.

Hence traders are advised to book profits on such rallies and wait for a decent correction to re-enter. HAPPY TRADING....

MARKET OUTLOOK- CAUTIOUSLY OPTIMISTIC

Index Support 2 Support 1 Previous Close Resistance 1 Resistance 2 TrendSENSEX 18880 19215 19417 19705 19990 RangeboundNIFTY 5740 5785 5829 5895 5945 Rangebound

TODAY'S MAR KET LEVELS

Index Support 2 Support 1 Previous Close Resistance 1 Resistance 2 TrendBANK NIFTY 11525 11770 12030 12155 12345 Rangebound



M orning N ot esmake more, for sure.


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INTRA DAY TECHNICAL RECOMMENDATIONS

Scrip CMP Sell Near Stop Loss Target 1 Target 2 TrendHALONIX 124.85 127 129 123 121 Rangebound

M orning N ot es

Scrip CMP Buy Near Stop Loss Target 1 Target 2 TrendNITCO 61.8 61.5 60.9 62.5 63.5 Rangebound



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INTRA DAY TECHNICAL RECOMMENDATIONS

Scrip CMP Buy Near Stop Loss Target 1 Target 2 TrendPERIA 163.4 162 160 165 167 Rangebound

Scrip CMP Buy Near Stop Loss Target 1 Target 2 TrendRBN 109.5 109 108 111 113 Rangebound

M orning N ot esmake more, for sure.


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

For more copies or other information, please send your query at [email protected]

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 callsTechnical Trends calls are based on momentum, Investors/Traders are requested to observe following discipline to take maximum advantage of theproducts

-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, websiteor otherwise, in any form or manner, in part or as a whole, without the express consent in writing of Mansukh Securities and Finance Ltd. Anyunauthorized 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. Whileutmost 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 lossesarising from the use thereof and the investors are requested to use the information contained herein at their own risk.


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NAME DESIGNATION E-MAILVarun Gupta Head - Research [email protected]

Pashupati Nath Jha Research Analyst [email protected] Singh Research Analyst [email protected]


17 Sep Morning

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