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Daily Newsletter Newsletter-Equity 02/05/2011

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MARKET WRAP Indian markets ended down 0.70%, Nifty slips below 200 DMA, down 36 pts. OBC net profit up 5.04% at Rs. 333 vs. 317 Cr, NII up 2.42% at Rs. 1013 Cr. European markets were mixed with DAX leading, Dow future was up 12 pts. Indian equity market ended down 0.70% ahead of RBI policy meet next week on Tuesday as Nifty lost 36 pts to end below crucial 200 DMA at 5749 & Sensex was down by 156 pts to settle at 19136. European markets were mixed with FTSE up 2 pts at 6070, CAC down 6 pts at 4099 and DAX up 19 pts at 7495. Dow future was up 12 pts.

MARKET PERFORMANCE NIFTY GAINERS COMPANY NAME Ambuja Sun Pharma HUL HCL R Power

CURRENT 158.20 465.75 285.20 521.20 130.70

PREV. CLOSE(RS) 150.90 450.35 279.30 512.30 128.75

CANG.(RS) 7.30 15.40 5.90 8.90 1.95

CHAG.(%) 4.84 3.42 2.11 1.74 1.51

CURRENT 1595.55 1286.60 654.75 307.80 92.60

PREV. CLOSE(RS) 1660.15 1333.70 678.70 317.75 95.30

CANG.(RS) -64.60 -47.10 -23.95 -9.95 -2.70

CHAG.(%) -3.89 -3.53 -3.53 -3.13 -2.83

NIFTY LOSERS COMPANY NAME L&T Axis Bank Jindal Steel ONGC JP Associates

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SECTORIAL INDICES INDEX

P.CLOSE

OPEN

HIGH

LOW

LAST

% CHANGE

S&P CNX NIFTY

5785.45

5782.50

5804.30

5706.05

5749.50

-0.62

CNX NIFTY Jr.

11521.35

11532.35

11537.50

11325.55

11376.70

-1.26

CNX IT

6729.75

6722.80

6752.10

6680.65

6718.35

-0.17

BANK NIFTY INDIA VIX CNX 100 S&P CNX DEFTY

11684.80 20.92 5690.55 4511.45

11671.05 20.92 5688.10 4508.10

11723.25 20.92 5706.80 4525.10

11406.85 18.45 5610.30 4461.60

11483.75 19.58 5649.25 4497.40

-1.72 -6.40 -0.73 -0.31

S&P CNX 500

4650.45

4648.85

4664.05

4585.95

4615.30

-0.76

CNX MIDCAP

8277.80

8277.80

8310.80

8164.55

8200.95

-0.93

NIFTY MIDCAP 50 CNX INFRA CNX REALTY

2571.75 3078.45 297.80

2574.30 3084.60 298.15

2584.25 3084.60 300.75

2533.15 3009.50 286.60

2545.05 3022.70 289.30

-1.04 -1.81 -2.85

INDEX MOVERS (PULLING IT UP) COMPANY NAME RIL Sun Pharma TCS HUL OTHERS

CONTRIBUTION 5.88 2.52 2.17 2.06 11.41

INDEX MOVERS (PULLING IT DOWN) COMPANY NAME ONGC L&T SBI Airtel OTHERS

CONTRIBUTION -13.46 -6.23 -5.14 -4.02 -28.69

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5 DAYS UP (NIFTY)

COMPANY NAME Sun Pharma Ambuja Siemens Sterlite BPCL

DAY'S CLOSING PRICE (RS.) 465.75 158.20 866.65 181.75 629.55

PREV CLOSE (RS.)

5 DAYS AGO (RS.)

450.35 150.90 858.30 183.10 634.65

446.30 152.40 836.10 178.80 619.75

PREV CLOSE (RS.)

5 DAYS AGO (RS.)

1333.70 228.10 95.30 161.85 572.00

1447.55 247.25 101.75 172.65 609.60

5 DAYS RETURN(%) 4.36 3.81 3.65 1.65 1.58

5 DAYS DOWN (NIFTY)

COMPANY NAME Axis Bank DLF JP Associate SAIL R Capital

DAY'S CLOSING PRICE (RS.) 1286.60 222.80 92.60 159.30 562.80

5 DAYS RETURN(%) -11.12 -9.89 -8.99 -7.73 -7.68

VOLUME SHOCKERS Company Name

Last Price

% Chg

Last Volume

Prev Volume

% Chg

Simplex Infra Surya Roshni Timken Motilal Oswal AVT Natural

328.00 104.75 220.90 148.05 143.85

-0.08 12.27 7.78 4.89 11.95

106249.00 1172768.00 4184207.00 167578.00 44796.00

1011.00 13015.00 107813.00 6396.00 1757.00

10409.00 8911.00 3781.00 2520.00 2450.00

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FII TRADING ACTIVITY (NSE & BSE) In Crores CATEGORY

DATE

BUY VALUE

SELL VALUE

NET VALUE

FII

29-Apr-2011

3023.81

3713.70

-689.89

DII TRADING ACTIVITY (NSE & BSE) In Crores CATEGORY

DATE

BUY VALUE

SELL VALUE

NET VALUE

DII

29-Apr-2011

1230.42

1291.48

-61.06

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

492122.00 516369.00 2450216.00 96319.00 3555026.00

13211.83 13710.62 71458.45 2654.08 101034.98

0.97 0.38 0.94

ASIAN MARKETS Name

Open

High

Low

Current Value

Change

% Chg

Nikkei 225

9,749.36

9,849.74

9,712.58

9,849.74

157.90

1.60

Hang Seng

23,774.47

23,808.93

23,633.74

23,720.81

-84.82

-0.36

Taiwan KOSPI Jakarta

9,050.49 2,211.33 3,807.99

9,058.78 2,219.60 3,822.64

8,943.99 2,177.80 3,796.71

9,007.87 2,192.36 3,819.62

-32.90 -15.99 10.69

-0.37 -0.73 0.28

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TECHNICAL VIEW NIFTY DAILY PIVOT SCRIPT NIFTY

R4 6047

R3 5949

R2 5851

R1 5800

P 5753

S1 5702

S2 5655 655

S3 5557

S4 5459

OUTLOOK Trend: - Consolidate Resistance: - 5790, 5840 Support: - 5700, 5640 Strategy: - Sell on highs

NIFTY DAILY

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BANK NIFTY DAILY PIVOT SCRIPT BANK NIFTY

R4 12603

R3 12259 59

R2 11915

R1 11712

P 11571

S1 11368

S2 11227

S3 10883

S4 10539

OUTLOOK Trend: - Consolidate Resistance: - 11670, 11780 Support: - 11440, 11280 Strategy: - Sell on highs BANK NIFTY DAILY

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Stock Recommendation CapitalHeight’s

stock recommendation for 02/05/2011 is Bharti Airtel.

Bharti Airtel has made a top reversal pattern on the daily chart and ended down today almost 2% at 380.05. The stock has taken supp support of troughs of September 2010 while its RSI too has turned down to 64.20 taking resistance of upw upward resistance line. If Bharti Airtel breaks the level of 376, then it can correct up to 365. Our recommendation on Bharti Airtel is SELL below 376 for the TG 372 - 366

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