Stock Market Reports for the Week (27th - 31st December - 2010)

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RESEARCH Markets End Higher - Slow Recovery Continues ! 18th Oct 2010 to 23rd Oct 2010 Asian stocks declined, driving the benchmark index to its first drop in four days, as lower metal prices dragged down mining companies and Japanese exporters fell after the yen gained yesterday, when Toky o markets were closed. Japan's Nikkei 225 Stock Average dropped 0.7 percent after being closed yesterday for a holiday. Australia's S&P/ASX 200 Index decreased 0.5 percent. South Korea's Kospi Index dipped 0.4 percent. Hong Kong's Hang Seng Index lost 0.3 percent, led by Chinese automakers on concern government curbs will car sales. China's Shanghai Composite Index fell 0.7 percent. Markets in Australia, Hong Kong and Singapore shut early f or Christmas Eve. U.S. stocks rose for a fourth week, completing the Standard & Poor's 500 Index's recovery from the plunge that followed Lehman Brothers Holdings Inc.'s 2008 collapse, after data showed the economy is gaining strength. The S&P 500 rose 1 percent to 1,256.77 this week, topping its close of 1,251.70 on Sept. 12, 2008, the last trading session before Lehman filed the world's biggest bankruptcy and prompted a 46 percent drop for the stock index through March 2009. The Dow Jones industrial average added 14.00 points, or 0.12 percent, to 11,573.49. The Standard & Poor's 500 Index edged down 2.07 points, or 0.16 percent, at 1,256.77. The Nasdaq Composite Index eased 5.88 points, or 0.22 percent, to 2,665.60. For the week, the S&P 500 was up 1 percent, the Dow gained 0.7 percent and the Nasdaq rose 0.9 percent. It was the fourth week of gains for the Dow and S&P and the fifth week of gains for the Nasdaq. India must overcome barriers to sustain double-digit growth: The government today exuded confidence that economic growth in the current and the next quarter will be as encouraging as 8.9 per cent recorded in the previous two quarters, but said India must tackle barriers to ensure double-digit level growth. Vegetable prices push food inflation into red zone: Prices of vegetables continued to rise, pushing food inflation back into double digits after three weeks and prompting economists to call for a mechanism to pre-empt regular spurts in prices. Food price index rose 12.1% for the week ended December 11 from a year a go, compared with 9.5% in the previous week as prices rallied for the fifth week in a row. Costlier onion pushes food inflation to 12.13 pc: Fuelled by soaring onion prices, the food inflation after a gap of one month re- entered the double-digit zone at 12.13 per cent as on December 11, raising fears of another key policy rate hike by RBI in January. Govt kicks off FDI retail talks again: Key policy makers in the government have kicked off discussions to liberalize foreign direct investment regime. The government is debating opening up of foreign investment in multi-brand retail sector that employs millions and further liberalizing the defence sector. After trading in a range of 5950-6000 since morning, the benchmark Nifty strengthened in last couple of hours to close above its psychologically important level i.e. 6000. Index was in that 50 points range since Tuesday while the Sensex about 100-150 points range. The 30-share BSE Sensex closed at 20,073.66, up 90.78 points or 0.45% and the 50-share NSE Nifty rose 31.60 points or 0.53% to settle at 6,011.60. Total traded turnover on exchanges stood at Rs 1, 23,382.81 crore. This included Rs 9,978.84 crore from NSE cash segment, Rs 1,10,437.94 crore from NSE F&O and the rest of Rs 2,966.03 crore from BSE cash segment. ADAG companies' shares were on buyers' radar in last couple of hours of tra de; Reliance Communications was top gainer as well as leader on Nifty with 10.4% gains. Reliance Power rose 5%. Reliance Infrastructure and Reliance Capital gained 2.8-3.4%. Bharti Airtel from telecom pack went up 1.5%. WEEK WRAP ASIAN & EMERGING MARKET 1 | DECEMBER 2010 | www.capitalvia.com 2 | DECEMBER 2010 | www.capitalvia.com NIFTY WORLD INDICES Shanghai Comp. DOW Jones 20073.66 6011.60 2835.16 11573.49 5981.34 10279.19 3898.59 Sensex Nifty FTSE Nikkei CAC 40 +208.80 +84.75 -58.60 +81.58 +109.54 -24.64 -31.24 +1.05% +1.42% -2% +0.70% +1.86% -0.23% -0.80% Weekly Open Weekly Low Weekly High Weekly Close Weekly Chg% Weekly Chg Points NIFTY Properties 5926.85 5900.25 6023.80 6011.60 +1.42% +84.75 Values Close World Indices Weekly C hg P oints % C hg US MARKET MICRO ECONOMIC FRONT GLOBAL RESEARCH LIMITED W E   E   K  L   Y   S  T   O   C  K   S  R  E   P   O  R  T  2 7  t  h D  e  c 2  0 1  0 -  0 1  s  t   J  a n 2  0 1 1 

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Markets End Higher - Slow Recovery Continues !

18th Oct 2010 to 23rd Oct 2010

Asian stocks declined, driving the benchmark index to its first drop in four days, as lower metal prices dragged down mining companies

and Japanese exporters fell after the yen gained yesterday, when Tokyo markets were closed.

Japan's Nikkei 225 Stock Average dropped 0.7 percent after being closed yesterday for a holiday. Australia's S&P/ASX 200 Index

decreased 0.5 percent. South Korea's Kospi Index dipped 0.4 percent. Hong Kong's Hang Seng Index lost 0.3 percent, led by Chinese

automakers on concern government curbs will car sales. China's Shanghai Composite Index fell 0.7 percent.

Markets in Australia, Hong Kong and Singapore shut early f or Christmas Eve.

U.S. stocks rose for a fourth week, completing the Standard & Poor's 500 Index's recov

Brothers Holdings Inc.'s 2008 collapse, after data showed the economy is gaining stre

The S&P 500 rose 1 percent to 1,256.77 this week, topping its close of 1,251.70 on Se

Lehman filed the world's biggest bankruptcy and prompted a 46 percent drop for the

The Dow Jones industrial average added 14.00 points, or 0.12 percent, to 11,573.4

down 2.07 points, or 0.16 percent, at 1,256.77. The Nasdaq Composite Index eased 5

For the week, the S&P 500 was up 1 percent, the Dow gained 0.7 percent and the N

week of gains for the Dow and S&P and the fifth week of gains for the Nasdaq.

India must overcome barriers to sustain double-digit growth: The government today

in the current and the next quarter will be as encouraging as 8.9 per cent recorded i

must tackle barriers to ensure double-digit level growth.

Vegetable prices push food inflation into red zone: Prices of vegetables continued to r

digits after three weeks and prompting economists to call for a mechanism to pre-em

rose 12.1% for the week ended December 11 from a year a go, compared with 9.5%

fifth week in a row.

Costlier onion pushes food inflation to 12.13 pc: Fuelled by soaring onion prices, the

entered the double-digit zone at 12.13 per cent as on December 11, raising fears of an

Govt kicks off FDI retail talks again: Key policy makers in the government have kicke

investment regime. The government is debating opening up of foreign investmenmillions and further liberalizing the defence sector.

After trading in a range of 5950-6000 since morning, the benchmark Nifty strengthened in last couple of hours to close above its

psychologically important level i.e. 6000. Index was in that 50 points range since Tuesday while the Sensex about 100-150 points range.

The 30-share BSE Sensex closed at 20,073.66, up 90.78 points or 0.45% and the 50-share NSE Nifty rose 31.60 points or 0.53% to

settle at 6,011.60.

Total traded turnover on exchanges stood at Rs 1, 23,382.81 crore. This included Rs 9,978.84 crore from NSE cash segment, Rs

1,10,437.94 crore from NSE F&O and the rest of Rs 2,966.03 crore from BSE cash segment.

ADAG companies' shares were on buyers' radar in last couple of hours of tra de; Reliance Communications was top gainer as well as

leader on Nifty with 10.4% gains. Reliance Power rose 5%. Reliance Infrastructure and Reliance Capital gained 2.8-3.4%. Bharti Airtel

from telecom pack went up 1.5%.

WEEKWRAP

ASIAN &EMERGINGMARKET

1 | DECEMBER 2010 | www.capitalvia.com 2

NIFTY WORLD IND

Shanghai Comp.

DOW Jones

20073.66

6011.60

2835.16

11573.49

5981.34

10279.19

3898.59

Sensex

Nifty

FTSE

Nikkei

CAC 40

Weekly Open

Weekly Low

Weekly High

Weekly Close

Weekly Chg%

Weekly Chg Points

NIFTY Properties

5926.85

5900.25

6023.80

6011.60

+1.42%

+84.75

Values CloseWorld Indices We

USMARKET

MICROECONOMIC

FRONT

GLOBAL RESEARCH LIMITED

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Nifty future saw healthy recovery after a long consolidation phase. and closed

on near to its major resistance level ,but still moving under 10 days and 50

days moving average .nifty future manages to sustain above 6050 levels, It

may take more up move from there till 6100-6150.One should take long

position in it after proper break out .

Bank nifty future saw smart pull back in last trading session but still manages

its long consolidation phase .one should take position after proper break out

on either side .11735 is major resistance level if it manages to sustain above

this level it can take more up move from there .

WEEK AHEAD BANK NIFTY

23-Dec-2010 2402.90 2426.60

22-Dec-2010 3066.30 2841.70

21-Dec-2010 3047.40 3079.90

20-Dec-2010 3220.20 3333.60

FII’S INVESTMENTS

-23.70

224.60

-32.60

-113.50

21-Dec-2010 754.70 392.90 361.80

DII’S INVESTMENTS

Indices Buy Value S ell Va lu e Ne t Va lu e Indices Buy Value Sel l Value Net Value

BANK NIFTY

CNX NIFTY JUNIOR

S&P CNX 500

CN XIT

CNX MIDCAP

CNX 100

11973.75

11401.05

4782.90

7136.95

8635.45

5843.85

12190.85

11634.65

4859.30

7380.10

8766.05

5938.65

12041.20

11237.20

4761.25

7136.95

8624.25

5816.40

11984.85

11477.05

4839.90

7365.53

8698.75

5913.70

Indices Open High Low Close

SECTORIAL INDICES

WEEK AHEAD SPOT NIFTY

R E S E A R C H

SURYA PHARMA

BALKRISHINDS

COROMNDLFERT

EIDPARRYINDI

POLYPLX CORP

129.05

30.00

307.45

262.90

345.25

686.75

264.95

631.25

495.15

645.35

-81.21

-88.68

-51.30

-46.90

-46.50

Scrip Current Close Change Chg %

LOSERS

SAKSOFT

JINDAL PHOTO

55.45

245.05

OSWALMINERAL 68.70

AMAR REMEDIE 111.80

OSWALCHEMFRT 32.15

40.00

183.05

53.70

83.30

24.60

38.63

33.87

27.93

34.21

30.69

GAINERS

Scrip Current Close Change Chg %

Su

Su

Re

Re

Pro

Su

Su

Re

Re

Pro

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20-Dec-2010 543.90 421.20 122.70

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“CAN SLIM is a formulacreated by William J. O'Neil,who is the founder of theInvestor's Business Daily andauthor of the book How toMake Money in Stocks - AWinning System in GoodTimes or Bad.

Each letter in CAN SLIM standsfor one of the seven chiefcharacter ist ics that are

commonly found in thegreatest winning stocks. TheC-A-N-S-L-I-M.

characteristics are oftenpresent prior to a stock makinga significant rise in price, andmaking huge profits for theshareholders!

O'Neil explains how heconducted an intensive studyof 500 of the biggest winnersin the stock market from 1953to 1990. A model of each ofthese companies was built andstudied. Again and again, itwas noticed that almost all of

the biggest stock marketwinners had very similarcharacteristics just before theybegan their big moves.”

Primary Factors

Almost 95% of increase in Q o Q Earnings.

KEY STATISTICS

CCurrent Quarter Earning per Share. The Higher The

Primary Factors

Annual Earnings showed an increase of 105.73% Y o

A

Primary Factors

ESSAR OIL LTD. is set to break out its resistance aftconsolidation phase.

N

Primary Factors

ESSAR OIL LTD. is a large cap stock consisting ofapprox Rs. 18375.9 crores Shares Outstanding (TotaPublic Shareholding)

S Supply and Demand: Shares Outstanding Plus Big VoDemand.

Primary Factors

ESSAR OIL LTD. is a leading stock with a relativestrength 51.29% in Weekly and 55.23% in Daily.

L

Leader or Laggard: Which is your stock?

Primary Factors

Approximately 14.59% of Shares are held by theInstitutional Investors (FII”s, Mutual Funds etc.)

IInstitutional Sponsorship: Follow the Leaders.

Primary Factors

If Market continues to remain in a secular uptrend,hence overall conditions are appropriate to initiatelong position in the stock: A Big plus for the Stock

M

Market Direction

Annual Earnings Increases: Look for a s ignificant gro

New Products, New Management, New Highs, BuyinRight Time.

TECHNICAL PICTURE

Company Name

52 Week High

% From High

Essar oil made long consolidation. If it manages to sustain

above 139 level we can see more up move from there .All the

technical indicator show strength in it .We recommend

buying above 139 level for the target of the 144/150 with

stop loss of 134 .

TECHNICALS

Support

Resistance

134

139

Essar oilIndices

STOCK OF THE WEEK

R E S E A R C H

BUY

Symbol

Change

Volume

Day High

EP S

ESSAR OIL LTD.

162.40

-15.88%

ESSAROIL (NSE)

Rs. 0.75

919153

137.40

0.10

Rs.136.60Price

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