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Daily Newsletter Newsletter-Equity 23/06/2011

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MARKET WRAP Indian equity market ended mixed; Nifty up 3 pts and Sensex down 10 pts. EUR industrial new orders m/m came down at 0.7% vs. expected at (-) 1.1%. Europ markets were mixed with DAX up 0.30%, Dow future was down 24 pts. Indian equity market ended with Nifty ending on positive basis, up 3 pts at 5279 while Sensex shredded trivial 10 pts to settle at 17550. European markets were mixed with DAX up 22 pts at 7307 and CAC down 2 pts at 3875 & FTSE down 9 pts at 5766 due to weaker than expected industrial orders data. Dow future was down 24 pts as well.

MARKET PERFORMANCE NIFTY GAINERS COMPANY NAME M&M Cipla Tata Power ONGC Bajaj Auto

CURRENT 648.70 322.70 1232.20 260.80 1342.45

PREV. CLOSE(RS) 634.45 315.95 1209.25 256.05 1321.35

CANG.(RS) 14.25 6.75 22.95 4.75 21.10

CHAG.(%) 2.25 2.14 1.90 1.86 1.60

CURRENT 310.75 515.30 381.80 1083.50 1122.75

PREV. CLOSE(RS) 322.35 531.75 391.60 1106.75 1144.80

CANG.(RS) -11.60 -16.45 -9.80 -23.25 -22.05

CHAG.(%) -3.60 -3.09 -2.50 -2.10 -1.93

NIFTY LOSERS COMPANY NAME HUL Ranbaxy Airtel TCS Maruti

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SECTORIAL INDICES INDEX

P.CLOSE

OPEN

HIGH

LOW

LAST

% CHANGE

S&P CNX NIFTY

5275.85

5304.65

5310.50

5262.50

5278.30

0.05

CNX NIFTY JUNIOR

10825.05

10905.25

10911.10

10717.95

10748.80

-0.70

CNX IT

6237.15

6281.80

6297.00

6223.85

6240.20

0.05

BANK NIFTY

10459.15

10526.40

10551.80

10435.05

10475.20

0.15

INDIA VIX

21.31

21.31

21.31

20.24

20.89

-1.97

CNX 100

5215.15

5238.75

5248.25

5195.75

5210.90

-0.08

S&P CNX DEFTY

4070.45

4100.55

4104.10

4066.95

4076.75

0.15

S&P CNX 500

4268.35

4283.95

4293.45

4247.35

4258.50

-0.23

CNX MIDCAP

7698.05

7698.75

7751.65

7617.25

7631.65

-0.86

NIFTY MIDCAP 50

2354.05

2370.10

2374.25

2316.15

2321.35

-1.39

CNX INFRA

2932.05

2945.20

2952.90

2918.70

2924.50

-0.26

CNX REALTY

262.45

263.35

265.65

256.85

257.35

-1.94

CNX ENERGY

8144.45

8185.50

8207.05

8098.50

8162.05

0.22

CNX FMCG

9623.35

9642.35

9667.75

9510.45

9553.50

-0.73

CNX MNC

4889.60

4901.50

4919.05

4809.00

4824.90

-1.32

CNX PHARMA

4686.90

4709.05

4725.50

4669.35

4691.65

0.10

CNX PSE

3223.95

3236.80

3251.20

3215.00

3241.40

0.54

CNX PSU BANK

3661.45

3674.35

3691.60

3645.35

3659.85

-0.04

CNX SERVICE

6443.00

6475.60

6483.05

6426.15

6442.25

-0.01

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NSE STATS ADVANCES DECLINES UNCHANGED

27 23 0

INDEX MOVERS (PULLING IT UP) COMPANY NAME Infosys M&M ONGC L&T ICICI

CONTRIBUTION 4.47 2.20 2.14 1.97 1.87

INDEX MOVERS (PULLING IT DOWN) COMPANY NAME Tata Steel Tata Motors BPCL HCL R Infra

CONTRIBUTION -0.02 -0.03 -0.11 -0.13 -0.13

VOLUME SHOCKERS Company Name

Last Price

% Chg

Last Volume

Prev Volume

% Chg

Mahindra Holida Carborundum Hindustan Media Neha Internatio Ahluwalia

340.15 278.00 137.80 157.45 104.45

-1.58 1.04 2.07 -4.98 -6.87

227501.00 156756.00 209430.00 40872.00 30193.00

2949.00 2158.00 5559.00 1164.00 1088.00

7615.00 7164.00 3667.00 3411.00 2675.00

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FII TRADING ACTIVITY (NSE & BSE) In Crores CATEGORY

DATE

BUY VALUE

SELL VALUE

NET VALUE

FII

22-JUNE-2011

1842.76

2130.16

-287.40

DII TRADING ACTIVITY (NSE & BSE) In Crores CATEGORY

DATE

BUY VALUE

SELL VALUE

NET VALUE

DII

22- JUNE-2011

824.99

667.62

157.37

F&O TRADE STATISTICS PRODUCT

NO OF CONTRACTS

TURNOVER IN RS. CR.

PUT CALL RATIO

Index Futures Stock Futures Index Options Stock Options F&O Total

387686.00 494146.00 2752893.00 106570.00 3741295.00

9712.11 12131.15 73897.31 2686.39 98426.96

0.80 0.45 0.78

ASIAN MARKETS Name

Open

High

Low

Current Value

Change

% Chg

Nikkei 225

9,525.25

9,658.62

9,525.25

9,629.43

169.77

1.76

Hang Seng

22,044.16

22,047.85

21,837.84

21,859.97

9.38

0.04

Taiwan KOSPI Jakarta

8,663.86 2,066.91 3,795.31

8,679.37 2,074.46 3,822.42

8,598.08 2,059.36 3,795.31

8,621.04 2,063.90 3,821.83

23.42 15.73 26.89

0.27 0.76 0.70

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TECHNICAL VIEW NIFTY DAILY PIVOT SCRIPT NIFTY

R4 5428

R3 5380

R2 5332

R1 5305

P 5284

S1 5257

S2 5236

S3 5188

S4 5140

OUTLOOK Trend: - Consolidate Resistance: - 5310, 5360 Support: - 5240, 5160 Strategy: - Sell ell on highs

NIFTY DAILY

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BANK NIFTY DAILY PIVOT SCRIPT BANK NIFTY

R4 10845

R3 10729

R2 10613

R1 10549

P 10497

S1 10433

S2 10381

S3 10265

S4 10149

OUTLOOK Trend: - Consolidate Resistance: - 10580, 0580, 10700 Support: - 10330, 10060 Strategy: - Sell ell on highs BANK NIFTY DAILY

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Stock Recommendation CapitalHeight’s

stock recommendation for 23/06/2011 is Titan Industries.

Titan industries after a month of uptrend saw unwinding nwinding of huge long positions, and it plunged more than 6% to end at 4292.45 4292.45. The stock has also broke its uptrend and couldn’t make a new top and it has now corrected nearly 10% from its peak of 4754. 4754 we expect further 4 - 5% correction in Titan Industries to the level of 3900. Our recommendation on Titan Industries is SELL below 4260 for the TG 4240 4 – 4200.

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