Moneysukh Market insight report 5/4/10

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Mansukh Securities and Finance LtdOffice: 306, Pratap Bhavan, 5, Bahadur Shah Zafar Marg, New Delhi-110002Phone: 011-30123450/1/3/5 Fax: 011-30117710 Email: [email protected]: www.moneysukh.com

SEBI Regn No. BSE: INB010985834 / NSE: INB23078143

PMS Regn No. INP00000238

Please refer to important disclosures at the end of this report For Private circulation Only For Our Clients Only

Morning Not es 05.04.2010

MARKET INSIG HTS:

NEWS ROOM:

Firm Asian markethelped the domestic bourses kick off the new financial year 2010-2011 (FY 2011) on an upbeanote. The market pared gain later after the latest data showed that growth in thmanufacturing slowed down in the month just gone by.

as China's manufacturing industrpicked up and foreign buying boosted the technology-heavy markets of Taiwan and SoutKorea. The key benchmark indices in China, Hong Kong, Indonesia, Japan, South KoreaSingapore, and Taiwan were up by between 1.17% to 1.92%. China's official ManufacturinPurchasing Managers Index rose to 55.10 in March from 52 in February. Meanwhile aseparate China manufacturing PMI released by HSBC Holdings Plc and Markit Economicalso rose, to 57 in March 2010 from 55.8 in the previous month. In US, stocks saw moderat

weakness to end the first quarter yesterday, as continued job losses in the private sectodeflated the mood on Wall Street. The major averages all closed in negative territory, buremained near their recent eighteen-month closing highs.

has reportedly kept the limit of statgovernments' short-term borrowing from the central bank, called as Normal Ways andMeans Advances, unchanged for the financial year started Thursday. The limit, which is alsapplicable for the union territory of Puducherry is placed at Rs 9925 crore

is expected to have grown 16% year-on-year, Industry Secretary said onWednesday. The output in January grew an annual 16.7%. Exports in February grew 34.8%on year to $16.09 billion and it is expected to grow 15-20% in the year that starts on 1 Apr2010, Sharma said. Imports, too, maintained momentum growing by 66% to $25 billiounderscoring the strong revival in the domestic economy.

for exporters of garments, engineering, electronics and agro products t

select markets where demand for the products is yet to pick up. The sops, which will bdoled out from Thursday, will be available for six months and are expected to cost thegovernment Rs 625 crore.

On Thursday April 1, 2010,

Asian stocks rose to an 11-week high on Thursday

The Reserve Bank of India (RBI)

. Industrial output iFebruary

The government announced a frespackage of incentives

the key benchmark indices surged othe first day of the new financial year, snapping a two-day slide, on broad-based buyingAsian, European stocks and US index futures rose. The BSE 30-share Sensex closed up 164.8points or 0.94 and NSE 50-share Nifty ended at 5290.50 with the gain of 41.40 points or 0.79%The market breadth was strong. IT stocks were in demand on bargain hunting after a recenfall caused by appreciation of the rupee against the dollar. Banking stocks gained on fres

buying. Index heavyweight Reliance Industries (RIL) gained over 1.5% on expectations orobust Q4 earnings. Metal, infrastructure stocks and heavyweights from the capital goodsector also logged gains on fresh buying. But, telecom pivotals declined.

SCRIPS Open High Low Close Prev Close % Change Volume

TCS 786.35 809.8 782.1 808 780.65 3.5 2890716

JPASSOCIAT 150.85 154.7 150 154.65 149.55 3.41 5068884

TATASTEEL 636 654 635.2 652.6 632.05 3.25 4256033

TATAMOTORS 760 780 760 779.7 757.7 2.9 3958900

HDFC 2719.9 2794 2715 2780 2717.2 2.31 654895

SCRIPS Open High Low Close Prev Close % Change Volume

HINDUNILVR 240.4 240.45 230 230.45 239.55 -3.8 3320590

BHARTIARTL 312.6 316.5 300.55 302.1 312.55 -3.34 12995543

MARUTI 1425 1429 1386.25 1391.6 1417.95 -1.86 477130

IDEA 66 66.3 64.4 64.45 65.5 -1.6 2607211

TATAPOWER 1385 1385 1340.2 1353.15 1373.65 -1.49 421360

INDEX TOP MOVERS

INDEX TOP SHAKERS

INDEX Close Chg Chg%

Sensex 17693 165 0.94%

Nifty 5291 42 0.80%

Midcap 6866 60 0.88%

Smallcap 8704 207 2.44%

VALUE TRADED (Rs Crs) Chg%

BSE 21.45%

NSE -2.15%

F&O Total -20.76%

NET INFLOWS (Rs Crs) Chg%

FIIs -75.48%

DIIs -226.70%

FII OPEN INTEREST (Crs) Chg%FII Index Futures 2.92%

FII Index Options 6.08%

FII Stock Futures 1.85%

FII Stock Options 17.31%

Chg %

Dow Jones 0.65%

Nasdaq 0.19%

FTSE 100 1.14%

Commodity Chg %

Crude Oil (US$/bl) 2.45%

Gold (US$/oz) 1.09%

106

452

12790

DATA MATRIX of 01.04.2010

4705

12989

52924

357

World Indices

10927

1126.1

2403

32049

28097

5745

84.0







TECHNICAL VIEW: Well a moderately bullish session we have witnessed yesterday. Opened on a relatively flat notedomestic indices continued to find strong resistance above 5330 levels though 5180 still seems to be a materialistic cushions atthis level. For today's session we believe indices may continue its laggard momentum until and unless 5330 wouldn't be brokedown with substantial volumes. On the lower side 5180 seems to be a vital support at this juncture where possibility of longpositions shouldn't be rule out. HAPPY TRADING...

MARKET OUTLOOK- CAUTIOUSLY OPTIMISTIC

Index Support 2 Support 1 Previous Close Resistance 1 Resistance 2 Trend

SENSEX 17260 17480 17693 17850 17990 Rangebound

NIFTY 5130 5260 5291 5330 5370 Rangebound

Market Levels for 05APR 2010

Index Support 2 Support 1 Previous Close Resistance 1 Resistance 2 Trend

BANK NIFTY 9110 92340 9550 9770 9930 Rangebound

Morning Notes







TECHNICAL RECOMMENDATIONS

Scrip CMP Buy Near Stop Loss Target 1 Target 2 Trend

ICIL 10.2 10 9.5 10.5 11 Rangebound


NUCHEM 10.3 10 9.5 10.5 11 Rangebound







TECHNICAL RECOMMENDATIONS


KSERASERA 11.55 11.25 10.75 11.5 12 Rangebound

Scrip CMP Sell Near Stop Loss Target 1 Target 2 Trend

WEIZMAN 39.5 40 41 39 38 Rangebound




PMS Regn No. INP00000238Mansukh Securities and Finance LtdOffice: 306, Pratap Bhavan, 5, Bahadur Shah Zafar Marg, New Delhi-110002Phone: 011-30123450/1/3/5 Fax: 011-30117710 Email: [email protected]: www.moneysukh.com



Note: Please refer our Derivative Report for recommendation on OPTION STRATEGIES .

For more copies or other information, please send your query at [email protected]

Additional Information with respect to the securities referred in our derivative calls is uploaded on our website.Please note that our technical calls are totally independent of our fundamental callsTechnical Trends calls are based on momentum, Investors/Traders are requested to observe following discipline to take maximum advantage of theproducts

-Entry/exit will be on the basis of price or time priority-Use strict stop loss at 15% from your average acquisition price

This report is prepared for the exclusive use of Mansukh Group clients only and should not be reproduced, recirculated,published in any media, websiteor otherwise, in any form or manner, in part or as a whole, without the express consent in writing of Mansukh Securities and Finance Ltd. Anyunauthorized use, disclosure or public dissemination of information contained herein is prohibited.

This data sheet is for private circulation only and the said document does not constitute an offer to buy or sell any securities mentioned herein. Whileutmost care has been taken in preparing the above, we claim no responsibility for its accuracy. We shall not be liable for any direct or indirect lossesarising from the use thereof and the investors are requested to use the information contained herein at their own risk.

Research Desk Phone: 011-30211872/ 73 Email: [email protected]

NAME DESIGNATION E-MAIL

Varun Gupta Head - Research [email protected]

Pashupati Nath Jha Research Analyst [email protected] Ajay Lakra Research Analyst [email protected]

Vikram Singh Research Analyst [email protected]

Morning Notes


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Moneysukh Market insight report 5/4/10