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Daily Newsletter Newsletter-Equity 25/04/2011

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MARKET WRAP Indian equity markets were up 0.60%, Nifty up 33 pts and Sensex up 131pts. TCS US GAAP Q4FY11 net profit came up 3.2% at Rs. 2402 vs. 2330.2 Cr. European markets were in green with DAX leading, Dow future was up 4 pts. Indian equity market ended up 0.60% as Nifty gained 33 pts to end at 5885 while Sensex was up by 131 pts to settle at 19602. Euro markets were positive with FTSE up 18 pts at 6041 & CAC up 28 pts at 4032 & DAX up 64 pts at 7314 as GBP retail sales came up at 0.2% vs. (-)0.9% as against expected at (-)0.5%. Dow future was up 31 pts.

MARKET PERFORMANCE NIFTY GAINERS COMPANY NAME Sesa Goa Maruti ONGC Hindalco Jindal Steel

CURRENT 321.90 1307.00 304.20 220.80 695.20

PREV. CLOSE(RS) 308.45 1265.00 295.20 214.35 676.75

CANG.(RS) 13.45 42.00 9.00 6.45 18.45

CHAG.(%) 4.36 3.32 3.05 3.01 2.73

CURRENT 2,059.65 836.10 1,192.10 156.45 152.40

PREV. CLOSE(RS) 2,151.40 855.55 1,218.70 158.60 154.40

CANG.(RS) -91.75 -19.45 -26.60 -2.15 -2.00

CHAG.(%) -4.26 -2.27 -2.18 -1.36 -1.30

NIFTY LOSERS COMPANY NAME BHEL Siemens TCS IDFC Ambuja

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SECTORIAL INDICES INDEX

P.CLOSE

OPEN

HIGH

LOW

LAST

% CHANGE

S&P CNX NIFTY

5851.65

5882.85

5912.90

5864.35

5884.70

0.56

CNX NIFTY Jr.

11602.70

11625.30

11669.55

11523.40

11532.85

-0.60

CNX IT

6818.15

6859.80

6899.35

6762.65

6780.85

-0.55

BANK NIFTY INDIA VIX CNX 100 S&P CNX DEFTY

11794.55 20.99 5751.60 4574.90

11857.45 20.99 5777.20 4602.40

11926.05 20.99 5803.85 4626.95

11836.95 19.86 5757.15 4587.60

11894.75 20.51 5773.10 4603.05

0.85 -2.28 0.37 0.62

S&P CNX 500

4694.70

4711.65

4736.00

4701.70

4711.55

0.36

CNX MIDCAP

8304.90

8305.85

8362.65

8305.85

8313.95

0.11

NIFTY MIDCAP 50 CNX INFRA CNX REALTY

2587.65 3155.20 315.05

2587.30 3163.25 316.00

2614.40 3176.40 321.50

2587.30 3125.45 315.15

2590.80 3140.10 318.60

0.12 -0.48 1.13

INDEX MOVERS (PULLING IT UP) COMPANY NAME ONGC RIL SBI HDFC OTHERS

CONTRIBUTION 12.19 7.62 6.63 3.99 23.72

INDEX MOVERS (PULLING IT DOWN) COMPANY NAME TCS BHEL Airtel Siemens OTHERS

CONTRIBUTION -8.24 -7.11 -2.58 -1.05 -6.78

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5 DAYS UP (NIFTY)

COMPANY NAME HCL ONGC M&M Hindalco HUL

DAY'S CLOSING PRICE (RS.) 519.00 304.20 764.65 220.80 288.75

PREV CLOSE (RS.)

5 DAYS AGO (RS.)

522.85 295.20 763.25 214.35 284.10

482.70 286.05 724.45 210.20 275.05

PREV CLOSE (RS.)

5 DAYS AGO (RS.)

2151.40 2416.65 2907.30 1742.60 855.55

2227.90 2521.90 2989.50 1831.75 854.35

5 DAYS RETURN(%) 7.52 6.35 5.55 5.04 4.98

5 DAYS DOWN (NIFTY)

COMPANY NAME BHEL Grasim Infosys Hero Honda Siemens

DAY'S CLOSING PRICE (RS.) 2059.65 2422.80 2910.00 1787.20 836.10

5 DAYS RETURN(%) -7.55 -3.93 -2.66 -2.43 -2.14

VOLUME SHOCKERS Company Name

Last Price

% Chg

Last Volume

Prev Volume

% Chg

VST NESCO Mcnally Bh Engg Jyothy Labs Siyaram Silk

888.40 516.30 211.25 219.70 386.60

8.13 3.50 -2.78 0.97 5.24

232919.00 65669.00 575334.00 777586.00 31072.00

3911.00 1416.00 13065.00 18399.00 1642.00

5855.00 4538.00 4304.00 4126.00 1792.00

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FII TRADING ACTIVITY (NSE & BSE) In Crores CATEGORY

DATE

BUY VALUE

SELL VALUE

NET VALUE

FII

21-Apr-2011

2799.78

2491.99

307.79

DII TRADING ACTIVITY (NSE & BSE) In Crores CATEGORY

DATE

BUY VALUE

SELL VALUE

NET VALUE

DII

21-Apr-2011

1076.57

1346.19

-269.61

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

485232.00 829277.00 3522285.00 199839.00 5036633.00

13442.48 23504.76 103685.95 6122.16 146755.35

1.21 0.37 1.14

ASIAN MARKETS Name

Open

High

Low

Current Value

Change

% Chg

Nikkei 225

9,686.27

9,725.12

9,643.92

9,685.77

78.95

0.82

Hang Seng

24,090.55

24,185.49

24,031.42

24,138.31

242.21

1.00

Taiwan KOSPI Jakarta

8,893.07 2,190.64 3,796.43

8,992.08 2,211.36 3,813.18

8,892.06 2,183.52 3,784.94

8,957.65 2,198.54 3,801.08

144.37 28.63 6.32

1.61 1.30 0.17

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TECHNICAL VIEW NIFTY DAILY PIVOT SCRIPT NIFTY

R4 6034

R3 5985

R2 5936

R1 5911

P 5887

S1 5862

S2 5838

S3 5789

S4 5740

OUTLOOK Trend: - Consolidate Resistance: - 5940, 6040 Support: - 5840, 5765 Strategy: - Sell on highs

NIFTY DAILY

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BANK NIFTY DAILY PIVOT SCRIPT BANK NIFTY

R4 12204

R3 12108

R2 12012

R1 11969

P 11916

S1 11873

S2 11820

S3 11724

S4 11628

OUTLOOK Trend: - Consolidate Resistance: - 12040, 12300 Support: - 11840, 11680 Strategy: - Buy on dips BANK NIFTY DAILY

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Stock Recommendation CapitalHeight’s stock recommendation for 25/04/2011 is Hindalco Industries. Hindalco has reversed to uptrend taking support of its 200 DMA MA and is making higher tops and higher bottoms on the daily chart. The stock has breached its upward resistance at around 220 and is set to make a higher top at around 228. The stock has ended 3% up today at 220.80 and 20 Day and 50 Day EMA has given positive signal as well. We expect Hindalco industries to continue its uptrend. Our recommendation on Hindalco Industries is BUY above 222 for the TG of 225 - 229

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