MARKET VIEW Sept 21, 2010

NIFTY VIEW
Support Resistance
30 Min Nifty
5950 6090
Futures
A few months ago if one was told that the Nifty would reach 6000
levels again, it would heave seemed laughable. But that seeming
impossibility was achieved yesterday! Now all that remains is for the
Sensex to pip the 20000 mark and the way things have moved, it
does seem like this distinction would be achieved today. Yesterday
saw some rapid action in sectors. First it was cement then sugar fol-
lowed by steel and then Oil Gas and finally Banks. This kind of intra
day sector rotation is rare. We are still wondering what to make of it.
On the face of it, such moves smack of an attempt at distribution.
Continue to play long in the NF using whatever intra day dips seen to
buy into. There seems little point in making higher targets when the
NF is surging every single day.

INTRA DAY VIEW

The stocks recommended in this section are valid till end of day.

SESA GOA LTD.

Entry Stop Target
Buy above 336 3.5 Points 340 / 343 / 346

Or Dips near 332 3.5 Points 336 / 339 / 342

Bulls seem to be have gained control over this Iron & steel
counter with prices offering a nice breakout during Mon-
day’s session. On back of aggressive buying stock over-
came double resistance of 20 Day EMA and hurdle of value
level around 331 signaling renewed vigor of the bulls. Mo-
mentum too has been moving in sync with price and with
RSI approaching 60 levels, we expect the rise to continue.
Go for buy.

DISCLAIMER
This document is compiled by Chart Advise exclusively for Fullerton Securities & Wealth Advisors Ltd (FSWA) customers. This document is not for public distribution and has been furnished to you solely for your
information and you are notified that you should not further copy, modify, use or distribute the information in any way unless you obtain written consent from FSWA. While reasonable care to compile the document but
the accuracy and completeness cannot be guaranteed either by FSWA or any other person or entity associated with it. The document is prepared only for your information and is not sufficient for making an investment
decision. You should rely on your own investigations and seek professional advice for investment decision. Neither FSWA nor any person connected with it, accepts any liability either arising from the use of this docu-
ment or due to any inadvertent error in the information contained in this document. Financial investments carry risks including principal risk and therefore you should seek professional advice prior to making any
investment decision. The risk of any losses occurring by use of this report or document will be entirely yours. The investments covered in this report are not guaranteed. Also past performance of an investment or fund is
not an indication of future performance. FSWA, its affiliates, or associates, or any regulatory or other body or entity assumes no liability or responsibility for investment results or losses arising out of investment deci-
sions made by you. This document is not to be considered as an offer to sell or a solicitation to buy any security or financial product. FSWA reserves the right to modify or alter the terms and conditions of the use of this
service or discontinue, temporarily or permanently, the information and services provided (or any part thereof) at any time, with or without prior notice and FSWA shall not be liable to you for any suspension, modifica-
tion, or termination of the information and services provided herein.

Page 1
 BHARAT PETROLEUM CORPORATION
Entry Stop Target
Buy above 802 8 Points 815 / 825 / 832

Or Dips near 791 8 Points 801 / 809 / 817

Oil counters were seen generating buying interest during

previous session with this counter also displaying strength.
Daily chart reveals that the stock had been discovering sup-
port at 20 DMA from past many sessions. With Monday’s
rally stock surpassed value resistance of 783. RSI took sup-
port of 60 and turned up afresh. Volumes also have been
supportive of this up move, reaffirming bullish play. Buy.

CROMPTON GREAVES LTD.

Entry Stop Target
Sell below 309.50 3 Points 306 / 303 / 301

Despite broader market witnessing a huge rally since past

few sessions, bears still have a hold in this heavy electric
counter. The prices are unable to surpass strong resistance
of an ascending trend line. The prices that were holding
support of an ascending Gann line (from 24th’08 low) was
also breached on Monday alerting weakness. With deterio-
rating momentum one can expect some selling pressure
emanating today. Sell.

DISCLAIMER
This document is compiled by Chart Advise exclusively for Fullerton Securities & Wealth Advisors Ltd (FSWA) customers. This document is not for public distribution and has been furnished to you solely for your
information and you are notified that you should not further copy, modify, use or distribute the information in any way unless you obtain written consent from FSWA. While reasonable care to compile the document but
the accuracy and completeness cannot be guaranteed either by FSWA or any other person or entity associated with it. The document is prepared only for your information and is not sufficient for making an investment
decision. You should rely on your own investigations and seek professional advice for investment decision. Neither FSWA nor any person connected with it, accepts any liability either arising from the use of this docu-
ment or due to any inadvertent error in the information contained in this document. Financial investments carry risks including principal risk and therefore you should seek professional advice prior to making any
investment decision. The risk of any losses occurring by use of this report or document will be entirely yours. The investments covered in this report are not guaranteed. Also past performance of an investment or fund is
not an indication of future performance. FSWA, its affiliates, or associates, or any regulatory or other body or entity assumes no liability or responsibility for investment results or losses arising out of investment deci-
sions made by you. This document is not to be considered as an offer to sell or a solicitation to buy any security or financial product. FSWA reserves the right to modify or alter the terms and conditions of the use of this
service or discontinue, temporarily or permanently, the information and services provided (or any part thereof) at any time, with or without prior notice and FSWA shall not be liable to you for any suspension, modifica-
tion, or termination of the information and services provided herein.

Page 2
 How to read this report

Nifty View is a brief description of the Nifty futures stating what exactly happened during the previous trading ses-
sion. The narration will also explain what is the current market sentiment and how it is having effect on the market
scenario. It will also throw light on how we can expect the market to move for the day along with relevant support
and resistance levels. A chart is also appended in order to provide more clarity to the write-up.
Intra Day View will consist of 3 stocks from the actively traded counters of the NSE / BSE along with charts. The
trades will be given along with three sets of information –
Entry The ideal price at which you should trade (Buy / Sell) the particular counter
- Buy above means Buy above the level mentioned
- Buy on dips means Buy when prices dip towards the level mentioned
- Buy around means Buy the counter near the range mentioned
- Sell below means Sell below the levels mentioned
- Sell on rallies means Sell when prices move higher towards the price mentioned
- Sell around means Sell when prices move higher into the range mentioned
Stop The level beyond which one should not be holding this counter in case the trade backfires. The stop loss is men-
tioned in number of points. The stop has to be placed from the point placed from the point of entry around the level
mentioned.
Exit The suggested targets around which one may choose to book profits. Ideally more than one target is provided so
that one can continue to be in the trade depending on ones risk appetite.

DISCLAIMER
This document is compiled by Chart Advise exclusively for Fullerton Securities & Wealth Advisors Ltd (FSWA) customers. This document is not for public distribution and has been furnished to you solely for your
information and you are notified that you should not further copy, modify, use or distribute the information in any way unless you obtain written consent from FSWA. While reasonable care to compile the document but
the accuracy and completeness cannot be guaranteed either by FSWA or any other person or entity associated with it. The document is prepared only for your information and is not sufficient for making an investment
decision. You should rely on your own investigations and seek professional advice for investment decision. Neither FSWA nor any person connected with it, accepts any liability either arising from the use of this docu-
ment or due to any inadvertent error in the information contained in this document. Financial investments carry risks including principal risk and therefore you should seek professional advice prior to making any
investment decision. The risk of any losses occurring by use of this report or document will be entirely yours. The investments covered in this report are not guaranteed. Also past performance of an investment or fund is
not an indication of future performance. FSWA, its affiliates, or associates, or any regulatory or other body or entity assumes no liability or responsibility for investment results or losses arising out of investment deci-
sions made by you. This document is not to be considered as an offer to sell or a solicitation to buy any security or financial product. FSWA reserves the right to modify or alter the terms and conditions of the use of this
service or discontinue, temporarily or permanently, the information and services provided (or any part thereof) at any time, with or without prior notice and FSWA shall not be liable to you for any suspension, modifica-
tion, or termination of the information and services provided herein.

Page 3
 NIFTY DAY TRADING TABLE
SCRIPT SECOND FIRST CLOSE FIRST SECOND PIVOT
SUPPORT SUPPORT RESISTANCE RESISTANCE
ABB 829 847 864.2 875 887 858
ACC 986 1003 1021.1 1032 1044 1015
AMBUJACEM 139 142 145.45 148 151 145
AXISBANK 1455 1501 1546.85 1580 1613 1534
BHARTIARTL 352 359 365.95 373 380 366
BHEL 2413 2428 2442.55 2460 2477 2445
BPCL 740 771 802.15 821 840 790
CAIRN 339 341 343.75 345 347 343
CIPLA 308 312 315.95 318 321 314
DLF 344 355 365.65 372 378 361
GAIL 473 476 480 485 491 482
GRASIM 2217 2233 2248.2 2262 2275 2246
HCLTECH 414 418 422.1 425 428 421
HDFC 675 691 706.3 716 725 700
HDFCBANK 2364 2405 2446.2 2479 2511 2437
HEROHONDA 1715 1768 1821.25 1853 1885 1800
HINDALCO 184 189 193.95 197 200 192
HINDUNILVR 278 286 293.2 298 303 290
ICICIBANK 1093 1111 1127.75 1139 1151 1122
IDEA 75 76 76.75 78 79 77
INFOSYSTCH 2958 2983 3008.6 3026 3044 3001
ITC 164 170 176.65 180 184 174
JINDALSTEL 698 705 712.65 720 727 712
LT 1940 1970 2000.05 2020 2040 1990
M&M 665 676 687.8 697 705 685
MARUTI 1370 1384 1398.9 1409 1420 1395
NATIONALUM 405 408 411.9 416 419 412
NTPC 202 204 205.3 207 209 206
ONGC 1388 1396 1404.2 1417 1429 1408
PNB 1274 1282 1290.7 1301 1312 1293
POWERGRID 105 105 105.65 106 107 106
RANBAXY 522 527 532.25 538 544 533
RCOM 163 170 175.65 179 183 173
RELCAPITAL 801 814 826.75 837 847 824
RELIANCE 1013 1027 1041.4 1050 1058 1035
RELINFRA 1050 1069 1087.55 1100 1112 1081
RPOWER 159 161 162.45 164 165 162

DISCLAIMER
This document is compiled by Chart Advise exclusively for Fullerton Securities & Wealth Advisors Ltd (FSWA) customers. This document is not for public distribution and has been furnished to you solely for your
information and you are notified that you should not further copy, modify, use or distribute the information in any way unless you obtain written consent from FSWA. While reasonable care to compile the document but
the accuracy and completeness cannot be guaranteed either by FSWA or any other person or entity associated with it. The document is prepared only for your information and is not sufficient for making an investment
decision. You should rely on your own investigations and seek professional advice for investment decision. Neither FSWA nor any person connected with it, accepts any liability either arising from the use of this docu-
ment or due to any inadvertent error in the information contained in this document. Financial investments carry risks including principal risk and therefore you should seek professional advice prior to making any
investment decision. The risk of any losses occurring by use of this report or document will be entirely yours. The investments covered in this report are not guaranteed. Also past performance of an investment or fund is
not an indication of future performance. FSWA, its affiliates, or associates, or any regulatory or other body or entity assumes no liability or responsibility for investment results or losses arising out of investment deci-
sions made by you. This document is not to be considered as an offer to sell or a solicitation to buy any security or financial product. FSWA reserves the right to modify or alter the terms and conditions of the use of this
service or discontinue, temporarily or permanently, the information and services provided (or any part thereof) at any time, with or without prior notice and FSWA shall not be liable to you for any suspension, modifica-
tion, or termination of the information and services provided herein.

Page 4
 NIFTY DAY TRADING TABLE continued
SCRIPT SECOND FIRST CLOSE FIRST SECOND PIVOT
SUPPORT SUPPORT RESISTANCE RESISTANCE
SAIL 200 203 205.3 207 208 204
SBIN 3054 3081 3108.9 3130 3151 3103
SIEMENS 747 755 763.45 769 774 760
STER 167 170 172.15 175 178 172
SUNPHARMA 1826 1852 1876.85 1903 1928 1877
SUZLON 54 55 56.65 58 58 56
TATACOMM 322 328 334.5 341 347 335
TATAMOTORS 1028 1043 1057.45 1067 1076 1052
TATAPOWER 1251 1257 1264.2 1272 1280 1265
TATASTEEL 599 608 618 625 631 615
TCS 898 905 912.25 921 929 914
UNITECH 86 87 88.1 89 90 88
WIPRO 413 417 420.35 425 430 421

SENSEX 19278 19592 19906.10 20074 20241 19760

NIFTY 5847 5914 5980.45 6018 6056 5952

HOW TO READ THE TRADING TABLE

1. If prices are above the LAST CLOSE column, then look to BUY the SCRIP
2. If prices are below the LAST CLOSE column, then look to SELL the SCRIP.
3. The PIVOT is to be used as an addition reference of the trend along with the last close.
4. If prices are weak then look to BUY AROUND the FIRST SUPPORT column.
5. On long positions, the STOPLOSS is given in the left most column.
6. If holding long positions, then take partial profits around the FIRST RESISTANCE column.
7. Profit in Long positions can be taken and one can exit around the SECOND RESISTANCE column.
8. If holding short positions, then the SECOND RESISTANCE column should be used as a stoploss.

DISCLAIMER
This document is compiled by Chart Advise exclusively for Fullerton Securities & Wealth Advisors Ltd (FSWA) customers. This document is not for public distribution and has been furnished to you solely for your
information and you are notified that you should not further copy, modify, use or distribute the information in any way unless you obtain written consent from FSWA. While reasonable care to compile the document but
the accuracy and completeness cannot be guaranteed either by FSWA or any other person or entity associated with it. The document is prepared only for your information and is not sufficient for making an investment
decision. You should rely on your own investigations and seek professional advice for investment decision. Neither FSWA nor any person connected with it, accepts any liability either arising from the use of this docu-
ment or due to any inadvertent error in the information contained in this document. Financial investments carry risks including principal risk and therefore you should seek professional advice prior to making any
investment decision. The risk of any losses occurring by use of this report or document will be entirely yours. The investments covered in this report are not guaranteed. Also past performance of an investment or fund is
not an indication of future performance. FSWA, its affiliates, or associates, or any regulatory or other body or entity assumes no liability or responsibility for investment results or losses arising out of investment deci-
sions made by you. This document is not to be considered as an offer to sell or a solicitation to buy any security or financial product. FSWA reserves the right to modify or alter the terms and conditions of the use of this
service or discontinue, temporarily or permanently, the information and services provided (or any part thereof) at any time, with or without prior notice and FSWA shall not be liable to you for any suspension, modifica-
tion, or termination of the information and services provided herein.

Page 5