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Daily Newsletter Newsletter-Equity 16/05/2011

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MARKET WRAP Indian equity market ended up 1.10%; Nifty up 59 pts and Sensex up 195 pts. Jindal saw Q4FY11 net profit came by 55% down at Rs. 80.18 vs. Rs. 178 Cr. European markets were in green with FTSE leading, Dow future was up 40 pts. Indian market ended up 1.50% due to assembly elections results & short covering as Nifty gained 79 pts to end at 5544 & Sensex was up by 195 pts to settle at 18531. Euro markets were in green with FTSE up 42 pts at 5986, CAC up 18 pts & DAX up 24 pts at 7468 as German prelim GDP q/q came up at 1.5% vs. 0.9%. Dow future was up 40 pts.

MARKET PERFORMANCE NIFTY GAINERS COMPANY NAME Dr Reddy's Axis Bank JP Associates ITC Hero Honda

CURRENT 1651.65 1244.70 87.45 189.00 1798.00

PREV. CLOSE(RS) 1598.55 1205.65 85.00 183.80 1750.20

CANG.(RS) 3.32 3.24 2.88 2.83 2.73

CHAG.(%) 53.10 39.05 2.45 5.20 47.80

CURRENT 427.30 90.90 644.70 459.15 2878.35

PREV. CLOSE(RS) 430.85 91.35 647.20 460.15 2881.25

CANG.(RS) -0.82 -0.49 -0.39 -0.22 -0.10

CHAG.(%) -3.55 -0.45 -2.50 -1.00 -2.90

NIFTY LOSERS COMPANY NAME Sun Pharma R Com HDFC GAIL Infosys

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SECTORIAL INDICES INDEX

P.CLOSE

OPEN

HIGH

LOW

LAST

% CHANGE

S&P CNX NIFTY

5486.15

5492.35

5605.00

5472.15

5544.75

1.07

CNX NIFTY JUNIOR

11063.60

11069.35

11244.20

11049.65

11185.40

1.10

CNX IT

6569.20

6569.20

6668.15

6565.45

6609.55

0.61

BANK NIFTY

10887.45

10896.55

11180.40

10838.15

11020.95

1.23

INDIA VIX

21.23

21.23

21.23

19.40

20.63

-2.82

CNX 100

5407.35

5412.45

5518.20

5395.00

5465.45

1.07

S&P CNX DEFTY

4226.80

4239.00

4330.00

4209.80

4280.25

1.26

S&P CNX 500

4424.60

4427.95

4507.40

4416.90

4470.35

1.03

CNX MIDCAP

7941.05

7940.55

8068.70

7921.90

8034.90

1.18

NIFTY MIDCAP 50

2463.65

2462.25

2509.65

2455.35

2496.65

1.34

CNX INFRA

2890.80

2893.35

2949.20

2881.15

2923.60

1.13

CNX REALTY

282.85

282.50

291.70

282.45

289.20

2.25

CNX ENERGY

8889.75

8896.05

9017.10

8860.65

8916.15

0.30

CNX FMCG

9423.95

9411.05

9733.05

9372.70

9619.15

2.07

CNX MNC

4916.30

4912.70

5013.20

4907.55

4977.00

1.23

CNX PHARMA

4544.85

4545.95

4645.15

4519.90

4607.55

1.38

CNX PSE

3487.70

3492.95

3528.60

3486.90

3502.20

0.42

CNX PSU BANK

4126.80

4131.70

4184.75

4095.60

4145.60

0.46

CNX SERVICE

6638.95

6641.80

6765.45

6614.00

6686.90

0.72

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NSE STATS ADVANCES DECLINES UNCHANGED

47 3 0

INDEX MOVERS (PULLING IT UP) COMPANY NAME ITC ICICI L&T TCS Tata Motors

CONTRIBUTION 38.55 29.79 17.80 11.41 9.77

INDEX MOVERS (PULLING IT DOWN) COMPANY NAME R Com HDFC Infosys -

CONTRIBUTION -0.41 -0.58 -1.43 -

VOLUME SHOCKERS Company Name

Last Price

% Chg

Last Volume

Prev Volume

% Chg

Allcargo Global Excel Crop Care HT Media Munjal Auto Ind Phoenix Mills

166.10 209.60 159.30 133.35 199.95

-0.54 -11.36 6.16 10.99 -2.53

65732.00 196325.00 132167.00 148647.00 143164.00

1225.00 4588.00 5951.00 8397.00 8893.00

5266.00 4179.00 2121.00 1670.00 1510.00

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FII TRADING ACTIVITY (NSE & BSE) In Crores CATEGORY

DATE

BUY VALUE

SELL VALUE

NET VALUE

FII

13-MAY-2011

2315.61

2476.96

-161.35

DII TRADING ACTIVITY (NSE & BSE) In Crores CATEGORY

DATE

BUY VALUE

SELL VALUE

NET VALUE

DII

13-MAY-2011

870.44

881.97

-11.53

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

768213.00 546832.00 4345033.00 123255.00 5783333.00

19879.29 14221.35 121989.05 3284.09 159373.79

0.89 0.36 0.87

ASIAN MARKETS Name

Open

High

Low

Current Value

Change

% Chg

Nikkei 225

9,751.45

9,751.45

9,552.93

9,648.77

-67.88

-0.70

Hang Seng

23,120.00

23,295.03

22,888.08

23,276.27

202.51

0.87

Taiwan KOSPI Jakarta

9,039.55 2,133.99 3,809.43

9,059.46 2,134.53 3,832.02

8,986.18 2,103.06 3,809.43

9,006.61 2,120.08 3,832.02

-27.07 -2.57 23.31

-0.30 -0.12 0.61

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TECHNICAL VIEW NIFTY DAILY PIVOT SCRIPT NIFTY

R4 5940

R3 5807

R2 5674

R1 5609

P 5541

S1 5476

S2 5408

S3 5275

S4 5142

OUTLOOK Trend: - Consolidate Resistance: - 5610, 5690 Support: - 5490, 5410 Strategy: - Sell on highs

NIFTY DAILY

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BANK NIFTY DAILY PIVOT SCRIPT BANK NIFTY

R4 12200

R3 11809

R2 11418

R1 11241

P 11027

S1 10850

S2 10636

S3 10245

S4 9854

OUTLOOK Trend: - Consolidate Resistance: - 11200, 11460 Support: - 10840, 10690 Strategy: - Sell on highs BANK NIFTY DAILY

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Stock Recommendation CapitalHeight’s stock recommendation for 16/05/2011 is Ranbaxy laboratories. Ranbaxy labs has made consolidation break out on the daily chart above 480 and today ended up more than 2% at 490.. The stock is now in uptrend and 10 Day and 30 Day EMA has given a buy signal as well. If it breaks the level of 500 then the stock can further rally to 525. Our recommendation on Ranbaxy Laboratories is BUY above 494 for the TG 499 – 505.

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