WEEKLY REPORT

25th Apr - 29th Apr 2011

Global Research Limited

STOCKS
R E P O R T
BEARS TOOK A NAP, BULLS HOLD AN EDGE !!

WEEK WRAP
Markets surged for the third consecutive session tracking gains in global markets and after TCS (Tata Consultancy Services) reported fourth quarter earnings in
line with expectations.

The Nifty opened on a firm note and moved between 5,913 and 5,866 as investors awaited TCS and Reliance Industries results. The S&P CNX Nifty held on to the
gains after TCS consolidated net profit for FY11 surged 30% y-o-y. The Nifty closed up 33 points, at 5,885 and the benchmark Sensex ended higher by 131 points,
at 19,602. Markets ended the week on a positive note, both the indices were up 1%.

Metal and Oil & Gas shares were leading sectoral following spike in international commodity prices. From the metal pack, Sesa Goa was up 4.4%, Hindustan Zinc
gained 3.2% and Jindal Steel was up 2.4%. Among the oil & gas shares, Petronet LNG climbed 4.4%, ONGC gained 3% and Oil India surged 1.5%.

ASIAN & EMERGING MARKET

A rally in US technology shares, spurred by earnings that blasted past expectations, boosted Asian stock markets Thursday and helped drive the Australian dollar
to a 27-year high against the greenback.

In other currencies, the euro rose to $1.4562 from $1.4514 in New York on Wednesday. The dollar fell to 82.20 yen from 82.37 yen.

Oil prices have increased 20 percent since the beginning of the year as investors anticipated rising global demand while unrest in North Africa and the Middle
East threatened oil fields and shipping lanes vital to world supply.

US MARKET
US stocks posted their first positive week in three as more healthy earnings news lifted Wall Street on Thursday, though gains were limited with another 180
S&P names due to report next week.

NYSE board rejects sweetened Nasdaq, ICE bid : NYSE Euronext directors rejected as too risky and lacking value a sweetened takeover offer from Nasdaq OMX
Group and Intercontinental Exchange , the second time in 11 days the board backed a lower bid from Germany's Deutsche Boerse AG.

Rising crude prices helped oil-related stocks. Inpex Corp., Japan's largest energy explorer, jumped 3.5 percent. PetroChina Co. Ltd. was up 1.9 percent. But
airline shares, whose operations are hurt when fuel prices rise, slumped. China Eastern Airlines Corp. dropped 2.5 percent, Korean Air Lines Co. lost 1.7 percent.

MICRO ECONOMIC FRONT

Food inflation at 8.74 % y-o-y as on April 9: India's food price index rose 8.74 percent and the fuel price index climbed 13.05 percent in the year to April 9,
government data on Thursday showed. In the previous week, annual food and fuel inflation stood at 8.28 percent and 12.97 percent, respectively.

Engineering exports jump about 85% in 2010-11: India's engineering e xports registered the highest ever growth of about 85 per cent to USD 60.1 billion in 2010-
11, on account of a robust demand for the goods not only from major markets like the US, but also from Latin America.During 2009-10, the exports were USD
32.5 billion, according to Engineering Export Promotion Council (EPCH) data.

Spend checks, resource levelling seen in Twelfth Five Year Plan: The Twelfth Five Year Plan beginning next April will be charted out in accordance with the
government's fiscal consolidation roadmap, which could see a higher growth target of 9-9.5% face resource hurdles. The government has set a fiscal deficit
target of 4.6% in the current year, which is to be lowered to 3% of GDP by 2013-14.

1 | APRIL 2011 | www.capitalvia.com

WEEKLY REPORT
25th Apr - 29th Apr 2011

Global Research Limited

BEARS TOOK A NAP, BULLS HOLD AN EDGE !!

NIFTY WORLD INDICES

NIFTY Properties Values World Indices Close Weekly Chg Points % Chg

Weekly Open 5824.35 Sensex 19602.23 +215.45 +1.11%

Weekly High 5912.90 Nifty 5884.70 +60.5 +1.03%

Weekly Low 5693.25 DOW Jones 12505.99 +164.16 +1.33%

Weekly Close 5884.70 Shanghai Comp. 2942.17 +63.6 +2.20%

Weekly Chg Points +60.35 Nikkei 10693.66 +166.9 +1.58%

Weekly Chg% +1.03% CAC 40 4021.88 +47.2 +1.19%

FTSE 6018.30 +22.3 +0.37%

SECTORIAL INDICES
Indices Open High Low Close

BANK NIFTY 11754.20 11926.05 11482.15 11894.75

CNX NIFTY JUNIOR 11610.45 11719.10 11389.50 11532.85

S&P CNX 500 4679.75 4736 4582.30 4711.55

CNX IT 6764.40 6899.35 6619.10 6780.85

CNX MIDCAP 8318.50 8394.75 8150.10 8313.95

CNX 100 5729.20 5803.85 5605.15 5773.10

GAINERS LOSERS
Scrip GAINERS
Current Close Change Chg % Scrip Current Close Change Chg %

KANORIA CHEM 59.85 33.00 81.36 ALEMBIC 20.45 70.35 -70.93

C MAHENDRA 326.65 235.65 38.61 SHILPI CABLE 36.75 48.05 -23.51

SUBEX 80.10 58.55 36.80 MANJEERA CONS 116.50 147.55 -21.04

GMR FERRO 148.40 113.65 30.57 KWALITY DAIRY 118.55 147.35 -19.54

PETRON ENGGCN 405.80 312.85 29.71 PERIA KARAMA 178.90 219.90 -18.64

DII’S INVESTMENTS FII’S INVESTMENTS

Indices Buy Value Sell Value Net Value Indices Buy Value Sell Value Net Value

20-Apr-2011 531.20 534.80 -3.60 21-Apr-2011 2,543.70 2,080.90 462.80

19-Apr-2011 410.90 337.90 73.00 20-Apr-2011 3,917.60 1,853.50 2,064.10

18-Apr-2011 432.70 405.40 27.30 19-Apr-2011 2,550.90 3,341.40 -790.60

18-Apr-2011 3,436.40 3,252.00 184.40

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2 | APRIL 2011 | www.capitalvia.com
WEEKLY REPORT
25th Apr - 29th Apr 2011

Global Research Limited

BEARS TOOK A NAP, BULLS HOLD AN EDGE !!

WEEK AHEAD SPOT NIFTY

TECHNICALS
Properties Values
Support 1 5880
Support 2 5765
Resistance 1 5950
Resistance 2 6000

Figure: 1 Nifty Weekly

The Nifty futures closed and settled finally at 5901.60, up by 31 or 0.53 %. It looking bullish in the coming trading session if it
manages to trade above the resistance level of 5950 else below support level of 5880 it would be in a downward trend.

WEEK AHEAD BANK NIFTY

TECHNICALS
Properties Values
Support 1 11860
Support 2 11650
Resistance 1 12050
Resistance 2 12480
Figure: Bank Nifty Weekly

Bank Nifty Futures shut stop at 1194.95 up by 81.90 points or 0.69 It is looking bullish in the coming trading session if it
manages to trade above the resistance level of 12050 else below support level of 11850 it would be in a downward trend.

3 | APRIL 2011 | www.capitalvia.com

WEEKLY REPORT
25th Apr - 29th Apr 2011

Global Research Limited

BEARS TOOK A NAP, BULLS HOLD AN EDGE !!

STOCK OF THE WEEK - HINDALCO INDUSTRIES LTD. BUY

TECHNICAL PICTURE

HINDALCO IS IN CONSOLIDATION PHASE AND FORMING HIGHER BOTTOM PATTER FROM LAST FEW TRADING SESSION. IF IT
MANAGES TO SUSTAIN ABOVE 221.50 IT WILL TAKE UP MOVE .WE RECOMMEND TO BUY HINDALCO IN CASH ABOVE 221.50 TARGET
228,231 WITH STOP LOSS OF 214.

HINDALCO INDUSTRIES LTD. Indices HINDALCO

Support 214.00
Resistance 221.50
Symbol HINDALCO (NSE)
Company Name HINDALCO INDUSTRIES LTD.

Price `220.30
Change `5.95
Volume 8777639
52 Week High 252.85
% From High -12.87%
Day High 221.40
EPS 10.93

4 | APRIL 2011 | www.capitalvia.com

WEEKLY REPORT
25th Apr - 29th Apr 2011

Global Research Limited

BEARS TOOK A NAP, BULLS HOLD AN EDGE !!

KEY STATISTICS

C Current Quarter Earning per Share. The Higher The Better.

WHY CAN SLIM?

Primary Factors
Almost 6.33 % increase in Q o Q Earnings.

A Annual Earnings Increases: Look for a significant growth.

Primary Factors
Annual Earnings showed a decline of 14.10% Y o Y.

N New Products, New Management, New Highs, Buying at

Right Time.
Primary Factors
HINDALCO is moving in an uptrend after taking support and is
expected to continue its bullish trend in coming trading sessions.
“CAN SLIM is a formula created by
William J. O'Neil, who is the founder
of the Investor's Business Daily and
author of the book How to Make S Supply and Demand: Shares Outstanding Plus Big Volume
Demand.
Money in Stocks - A Winning System Primary Factors
in Good Times or Bad.
HINDALCO is a large cap stock consisting of Rs. 40924.2 crores
Shares Outstanding (Total Public Shareholding)
Each letter in CAN SLIM stands for
one of the seven chief
characteristics that are commonly
found in the greatest winning
stocks. The C-A-N-S-L-I-M.
L Leader or Laggard: Which is your stock?
Primary Factors
HINDALCO is a leading stock with a relative strength above 55.12%
in Weekly and 62.92% in Daily.
characteristics are often present
prior to a stock making a significant
rise in price, and making huge
profits for the shareholders! I Institutional Sponsorship: Follow the Leaders.
Primary Factors
Approximately 44.14% of Shares are held by the Institutional
O'Neil explains how he conducted
Investors (FII”s, Mutual Funds etc.)
an intensive study of 500 of the
biggest winners in the stock market
from 1953 to 1990. A model of each
of these companies was built and
M Market Direction
Primary Factors
studied. Again and again, it was
noticed that almost all of the If Market continues to remain in a secular uptrend, hence overall
biggest stock market winners had conditions are appropriate to initiate long position in the stock: A Big
very similar characteristics just plus for the Stock.
before they began their big moves.”

Sources: Sihl.in

5 | APRIL 2011 | www.capitalvia.com

WEEKLY REPORT
25th Apr - 29th Apr 2011

Global Research Limited

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