Real life predictability is not so rewarding...

Predict the Nifty with

MANSUKH & win daily cash prizes!

MORNING NOTE 17 FEB 2011

DATA MATRIX OF LAST SESSION FIRST LIGHT HEADINGS

INDEX Close Chg Chg CBI on Wednesday summoned Anil Ambani (ADAG Group) over 2G probe
Sensex 18301 27 0.15% Government sets up panel for direct transfer of subsidy
Nifty 5482 1 0.02% Jain Irrigation inaugurates micro-irrigation unit in Bhavnagar, Gujarat
Piramal Glass to invest Rs 260 crore over next 2 years for expansion of capacities
Midcap 6735 36 0.54%
RCom to kick off multi-lingual mobile portal
Smallcap 8247 82 1.00% Opto Circuits’ foray into US, Japan stent market meets regulatory hurdles
Jindal Steel and Power gets MoEF’s nod for steel project in Orissa
VALUE TRADED (Rs Crs) Chg Supreme Infrastructure secures three prestigious work orders worth Rs 238.95
BSE -100.00% crore
NSE 10902 -19.18%
F&O Total 105100 -30.27%
MARKET INSIGHT
Total Volume 116001 -30.95%
On Wednesday 16 Feb 10, 2011, Indian equity markets witnessed quiet session of trade
NET INFLOWS (Rs Crs) Chg today. Benchmark equity indices after swaying in and out of the green territory snapped the
fourth successive day of trade on somewhat optimistic note. However, the trade remained
FIIs -100%
quite listless today with investors not showing any interest in building up positions, but,
DIIs -100% instead were seen using small rallies to lighten commitments. Impressive results from Tata
Steel and short covering of position from speculators and commendable reversal trend of
FII OPEN INTEREST (Crs) Chg Realty sector followed by the smart gains of stocks from Metal, Consumer Durable and
FII Index Futures -100.00% Capital Goods space held the equity markets momentum in green as the 30 share index--
FII Index Options -100.00% Sensex--on BSE clocked in gain of 40 points while the widely followed 50 scrip index--Nifty--
FII Stock Futures -100.00% on NSE ended flat but yet on a affirmative note.
FII Stock Options -100.00%
The BSE Sensex gained 27.10 points or 0.15% to settle at 18,300.90 and NSE 50-share
Nifty closed almost flat at 5481.70 with 0.70 pints or 0.01%.Broader indices ended in a
World Indices Chg
good shape. The BSE Mid-cap and Small-cap indices garnered a gain of 0.53% and
Dow Jones -100.00% 1.01%, respectively. In BSE sectoral space Realty up 2.12%, Metal up 1.49%, Consumer
Nasdaq -100.00% Durables (CD) up 1.02%, Capital Goods (CG) up 0.56% and Bankex up 0.17% and were
FTSE 100 -100.00% the major gainers. On the other hand, Healthcare down 0.58%, Auto down 0.37%, PSU
down 0.20% and Oil & Gas down 0.11% were the only losers on the BSE sectoral space..
Commodity Chg
European markets were trading in the green. FTSE gained 0.58%, CAC-40 advanced
Crude Oil (US$/bl) -100.00%
0.77% and DAX climbed 0.27 %. Majority of the Asian markets made a positive close on
Gold (US$/oz) -100.00% Wednesday, though the trade remained choppy but most of the indices were able snap
the session in green. The Chinese markets moved higher supported by the spike up in
Top Movers Close Price Chg the steel stocks while the Japanese markets surged to touch their fresh nine months high
JPASSOCIAT 90.2 6.56 helped by a softer yen against the dollar, the dollar climbed against the yen to its highest
TATASTEEL 644.2 4.47 in eight weeks on Tuesday. On the other hand, the Korean market was worst performer
JINDALSTEL 674.0 3.57 of the day as the major indices there were pressured by a second straight session of
foreign selling and fall in automakers and crude refining stocks.
WIPRO 437.0 2.7
AMBUJACEM 122.3 2.56 Meanwhile, the government has kick-started the deliberations for the much talked
direct subsidy transfer mechanism. has set up a high-level task force under Nandan
Top Losers Close Price Chg Nilenkani, the UID chairman, to explore the possibility of directly transferring subsidy
being provided in domestic cooking gas, kerosene and fertilizers to consumers. At
HDFC 629.0 -2.72
present, the biggest criticism of the subsidy policy of the government is its untargeted
IDFC 138.9 -2.32
nature. For instance, the subsidy given in diesel is meant for public transportation and
HCLTECH 473.1 -2.05 farm use, but the same is also availed by rich people driving multi-utility vehicles.
SUNPHARMA 415.4 -1.99 Clearly, there is a need to target the subsidies in a better way so that only the needy ones
RCOM 99.6 -1.92 are the beneficiaries while market prices of products is charged from other people.

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 17990 18140 18300.9 18430 18560 Rangebound
NIFTY 5400 5440 5481.7 5505 5540 Rangebound
TECHNICALLY SPEAKING: Indian equity markets witnessed quiet session of trade today. Benchmark equity indices after swaying in and out
of the green territory snapped the fourth successive day of trade on somewhat optimistic note. However, the trade remained quite listless today with
investors not showing any interest in building up positions, but, instead were seen using small rallies to lighten commitments.

FAVORED SCENARIO: Remember we have said that below 5630 (200 dma) sentiments remain subdued and we might see some sharp
drift near to 5200-5250. We likely to continue this approach in the upcoming week though possibility of consolidation due to oversold
technical indicators wouldn’t be rule out. Hence traders are advised to remain cautious at this stage and use ‘sell on rally’ strategy rather than
creating any fresh long ones.

VARIED SCENARIO: On the flip side any bounce back from current levels may reap indices towards 5630-5650 level where we might
see some sort of consolidation. Any break out above this may generate some suggestive buying opportunities though 5800-5850 might be
the next ress zone. HAPPY TRADING......

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

BANK NIFTY 10620 10815 10961 11050 11130 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

LAKPRE 54 52 50 54 56 Rangebound

Scrip CMP Buy Near Stop Loss Target 1 Target 2 Trend

RUCHINFRA 24.2 23 22 24 25 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

TFL 18.6 18 17 19 20 Rangebound

Scrip CMP Sell Near Stop Loss Target 1 Target 2 Trend

DEN 100.35 105 108 100 95 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