Markets outlook for 5 Oct by Mansukh

8/8/2019 Markets outlook for 5 Oct by Mansukh

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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: INB23078143PMS Regn No. INP00000238

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

MARKET INSIGHTS:

ECONOMY UPDATE:

On Monday Oct 04, 2010,

European shares moved lower on Monday, 4 October 2010,

Asian stock markets rose on Monday, 4 October 2010,

India's manufacturing sector continued to expand

On Monday 04 Oct 2010, Finance minister Pranab Mukherje told

The key benchmark indices gave up initiastrong gains as European stocks and US index futures edged lower. The BSE Sensemanaged to end in positive at 20475.73 up 30.69 points or 0.15%, and S&P CNX Nifty alsclosed slightly above the flat line to 6159.45 up 16.05 points or 0.26%. Index heavyweighReliance Industries edged higher. But, another index heavyweight Larsen & Toubro an

Infosys fell. FMCG stocks declined. Auto and banking stocks were mixed. The markebreadth turned negative, in contrast with a strong breadth in early trade. However, thmarket surged in early trade, tracking gains in Asian stocks but it market came off lowelevel in early afternoon trade and market continued to move down and ended marginallup from previous days close. The BSE Mid-Cap index also rose 0.69% and the BSE SmalCap index rose 0.34%. Both these indices outperformed the Sensex.

with deal news agaigrabbing the headlines as Sanofi-Aventis launched a hostile bid for Genzyme. Thkey benchmark indices in UK, Germany and France declined by between 0.54% t1.06%.

a day ahead of central bandecisions in Japan and Australia. Wall Street's higher finish before the weekend als

bolstered sentiment. The key benchmark indices in Indonesia, Singapore, TaiwanHong Kong and South Korea rose by between 0.02% to 1.17%. The Chinese marketwere closed on account of holidays. Japan's Nikkei Average fell 0.25%, reversininitial gains.

although at considerably slower pace than in preceding months, predominantly weighed down by fall in new orders and output. The HSBC Markit Purchasing Managers' Index, based onsurvey of 500 companies, slid to 55.1 in September 2010, which marks the lowest readinsince November last year, from 57.2 in the August 2010 survey. Though the key index fomanufacturing in Asia's third largest economy has slipped, this was the 18th consecutivmonth it has remained above the 50 mark that divides growth from contraction.

a television channe

that, there is no need to intervene in the forex markets or cap foreign portfolio inflowswhich have pushed the rupee to more than five-and-half-month highs. He also said tha"The Reserve Bank is monitoring it and I don't think just now there is any cause fointervention". "As and when intervention is called for, the Reserve Bank will be thereAsked if the time was not yet right to cap foreign inflows, Mukherjee said: "I think so."

SCRIPS Open High Low Close Prev Close % Change Volume

SUZLON 54.75 58.65 54.75 58.05 54.4 6.71 5163323

SESAGOA 347.3 365.4 347.2 363 345.05 5.2 768151

RANBAXY 570.25 601 568.3 597.65 568.3 5.16 198319

RCOM 170.1 174.6 169.3 173 167.9 3.04 597872

RELCAPITAL 807 824.9 803 822 800.4 2.7 209327

SCRIPS Open High Low Close Prev Close % Change Volume

HEROHONDA 1848.2 1859 1795.2 1798 1848.2 -2.72 46213

STER 177 177 170.5 171.7 175.35 -2.08 1184861

ITC 180 181.8 174.9 175.25 178.65 -1.9 864366

LT 2108 2119.9 2055.2 2064.25 2098.65 -1.64 97035

BHARTIARTL 366.95 368.7 356.15 360.3 365.1 -1.31 397874

INDEX TOP MOVERS

INDEX TOP SHAKERS

INDEX Close Chg Chg

Sensex 20476 31 0.15%

Nifty 6159 16 0.25%

Midcap 8270 56 0.69%

Smallcap 10438 34 0.33%

VALUE TRADED (Rs Crs) Chg

BSE -9.01%

NSE -2.42%

F&O Total -5.34%

NET INFLOWS (Rs Crs) Chg

FIIs -31%

DIIs 19%

FII OPEN INTEREST (Crs) Chg

FII Index Futures 0.82%

FII Index Options 3.33%

FII Stock Futures 2.23%

FII Stock Options 23.97%

Chg

Dow Jones -0.73%

Nasdaq -1.10%

FTSE 100 -0.66%

Commodity Chg

Crude Oil (US$/bl) -0.84%

Gold (US$/oz) -0.30%

16072

57324

40339

610

World Indices

10751

5556

83.00

1,315.00

2345

DATA MATRIX OF LAST SESSION

5441

17735

111925

1264.0

-797.0

Real life predictability is not so rewarding...

Predic t the Sensex w ith

& w in da ily c ash p rizes!MANSUKH

MORNING NOTE 05 OCT, 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:On Monday, market opened and breached monthly resistance level but failed to hold, which lead to huge volatility in market thru outhe day.For the day, the level of 6150 and 6110 may act as a major support for the market and the level of 6220 and 6260 may act as major hurdle. Mostly all technical indicators are in an overbought zone with some showing negative divergence so one needs to

remain cautious. HAPPYRADING....

MARKET OUTLOOK- CAUTIOUSLY OPTIMISTIC

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

SENSEX 20160 20310 20476 20625 20775 Rangebound

NIFTY 6080 6130 6159 6190 6230 Rangebound

TODAY'S MARKET LEVELS

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

BANK NIFTY 12260 12450 12686 12890 13100 Rangebound



Morning Notesmake more, for sure


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INTRA DAY TECHNICAL RECOMMENDATIONS

Morning Notes

Scrip CMP Buy Near Stop Loss Target 1 Target 2 Trend

WHIRLPOOL 304 306 294 312 318 Rangebound

make more, for sure


TFL 50.55 49 48 51 52 Rangebound


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INTRA DAY TECHNICAL RECOMMENDATIONS


SHREEASTHA 36.75 36 35 37 38 Rangebound

Morning Notesmake more, for sure

Scrip CMP Sell Near Stop Loss Target 1 Target 2 Trend

ZODICA 33.33 35 36 33 32 Rangebound


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Markets outlook for 5 Oct by Mansukh

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