8/8/2019 MARKET OUTLOOK FOR 11 NOV- CAUTIOUSLY OPTIMISTIC
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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: INB23078143PMS Regn No. INP00000238
Please refer to important disclosures at the end of this report For Private circulation Only For Our Clients Only
MARKET INSIGHTS: On Wedneday Nov 10, 2010,
The BSE Sensex lost 56.77 points or 0.27% to settle at 20,875.71
CD up 4.78%, Auto up 1.12% and IT up 0.73%, Teck up 0.31%
Asian markets ended mixed on Wednesday, as confidence
The domestic markets finally snappe
the sluggish day of trade on a negative note, the start of the markets was not very confident an
while Nifty made a slightly positive start the Sensex began the day in red, tracking the mixe
global cues as the US markets closed lower overnight and the Asian markets made a mixe
start on some renewed worries about the debt burden in Europe. Till the mid morning sessio
the domestic indices tried hard to recover but couldn't get success as the capital goods, metaand IT sector stocks kept dragging. In the noon session finally the markets saw the light o
green and edged higher though the markets continued missing the participation of the heav
weights, it was the action in broader indices that took the markets higher and the market
touched their high points of the day in noon session but profit booking once again emerged a
that very point and the markets slip into red and kept languishing their till the end. The on
stock that maintained its momentum throughout the day was Tata Motors , after announcing
better than expected September quarter numbers. On the same time metal behemoth
Hindalco Industries languished in red from the very beginning on reporting worse tha
expected numbers, though its main business Copper performed well its other businesse
performance were not in line with the market expectations.
(Provisional) while the S&
CNX Nifty declined 26.10 points or 0.41% to end at 6,275.45 (Provisionally). The BS
Sensex touched a high and a low of 20,970.91 and 20,849.92 respectively. There were 1advances against 18 declines on the index. The S&P CNX Nifty touched a high and a low
of 6,307.65 and 6,269.25, respectively (Provisional). There were 16 advances against 3
declines on the index. (Provisional)
were the only gainers on th
BSE sectoral space, while FMCG down 0.99%, Bankex down 0.76%, CG down 0.71%
Metal down 0.64% and Power down 0.57% remained the major laggards on the BS
sectoral space. The broader indices ended in positive region; the BSE Mid-cap inde
added 0.29% while the Small-cap index climbed 0.86%. There were 1802 advances again
1206 declines on the index. (Provisional)
was held back amids
speculation of Chinese efforts to cool inflation. Jakarta Composite was trading at 3,756.97
up by 19.48 points or 0.52%, KLSE Composite was trading at 1,528.01, up by 1.48 points o0.10%, Nikkei 225 was trading at 9,830.52, up by 136.03 points or 1.40%, Seoul Composit
was trading at 1,967.85, up by 20.39 points or 1.05% and Taiwan Weighted was trading a
8,450.63, up by 5 points or 0.06%. On the flip side, Shanghai Composite wastrading a
3,115.36, down by 19.64 points or 0.63%, Hang Seng was trading at 24,500.61, down b
209.99 points 0.85% and Straits Times was trading at 3,289.24, down by 24.37 points.
SCRIPS Open High Low Close Prev Close % Change Volume
M&M 785.9 809.85 780.9 808 781.05 3.45 3334959TATAMOTORS 1346 1348 1297.2 1301 1269.9 2.45 5687186BPCL 746.8 769.7 738.4 757.35 744.05 1.79 637830RPOWER 170.9 174.4 170.55 173.6 170.95 1.55 2660968
WIPRO 435 439 432 436.5 431.65 1.12 982088
SCRIPS Open High Low Close Prev Close % Change Volume
AMBUJACEM 163.25 164 159.8 160.95 164.7 -2.28 1790217BHARTIARTL 335 345.6 325.55 327 334.55 -2.26 10217605RANBAXY 616.2 617.05 601 604.05 617.3 -2.15 783972IDFC 207 208.25 201.5 203 207.35 -2.1 10800878CIPLA 349.1 350 342.05 343 349.95 -1.99 830584
INDEX TOP MOVERS
INDEX TOP SHAKERS
INDEX Close Chg Chg
Sensex 20876 -56 -0.27%
Nifty 6276 -26 -0.41%
Midcap 8730 25 0.29%
Smallcap 11244 96 0.86%
VALUE TRADED (Rs Crs) Chg
BSE 7.32%
NSE -5.82%
F&O Total -25.73%
NET INFLOWS (Rs Crs) Chg
FIIs -107%
DIIs -73%
FII OPEN INTEREST (Crs) Chg
FII Index Futures 3.80%
FII Index Options 0.79%
FII Stock Futures 0.88%
FII Stock Options -4.53%
Chg
Dow Jones 0.10%
Nasdaq 0.62%
FTSE 100 -0.99%
Commodity Chg
Crude Oil (US$/bl) 1.53%
Gold (US$/oz) 0.55%
17799
56395
44111
945
World Indices
11357
5817
89.4
1406.7
2579
DATA MATRIX OF LAST S ESSIO N
5850
16787
85327
-32.5
-143.7
Real life predictability is not so rewarding...
Predic t the Sensex w ith
& w in da ily c ash p rizes!MANSUKH
MORNING NOTE 11 NOV, 2010
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Mansukh Securities and Finance LtdOffice: 306, Pratap Bhavan, 5, Bahadur Shah Zafar Marg, New Delhi-110002
Phone: 011-30123450/1/3/5 Fax: 011-30117710 Email: [email protected]: www.moneysukh.com
SEBI Regn No. BSE: INB010985834 / NSE: INB230781431PMS Regn No. INP000002387
Please refer to important disclosures at the end of this report For Private circulation Only For Our Clients Only
MARKET
HAPPTRADING....
and may continuing the same scenario in coming dayhowever we believe crucial support could be around 6220 level. The moving averages indicate positive signal as the price line hovering above all ththree 20, 50 and 200 DSMA moving averages however oscillators MACD, RSI and STOCHASTICS generate mixed signals .So traders and investo
have to be very cautious in taking their position at this level, every correction should be considered as a buying opportunity..
VIEW:The domestic markets finally snapped the sluggish day of trade on a negative note, the start of the markets was not very confident and while Niftmade a slightly positive start the Sensex began the day in red, tracking the mixed global cues as the US markets closed lower overnight and the Asiamarkets made a mixed start on some renewed worries about the debt burden in Europe
MARKET OUTLOOK- CAUTIOUSLY OPTIMISTIC
Index Support 2 Support 1 Previous Close Resistance 1 Resistance 2 Trend
SENSEX 20595 20745 20876 21125 21210 Rangebound
NIFTY 6170 6220 6276 6335 6365 Rangebound
TODAY'S MARKET LEVELS
Index Support 2 Support 1 Previous Close Resistance 1 Resistance 2 Trend
BANK NIFTY 12615 12705 13091 13300 13500 Rangebound
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: INB23078143PMS Regn No. INP00000238
Morning Notesmake more, for sure
8/8/2019 MARKET OUTLOOK FOR 11 NOV- CAUTIOUSLY OPTIMISTIC
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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: INB23078143PMS Regn No. INP00000238
Please refer to important disclosures at the end of this report For Private circulation Only For Our Clients Only
INTRA DAY TECHNICAL RECOMMENDATIONS
Morning Notes
Scrip CMP Buy Near Stop Loss Target 1 Target 2 Trend
3I INFOTECH 70.2 69.5 68.5 72 73 Rangebound
make more, for sure
Scrip CMP Buy Near Stop Loss Target 1 Target 2 Trend
KOLTE PATIL 69.5 69 68.5 70.5 71.5 Rangebound
8/8/2019 MARKET OUTLOOK FOR 11 NOV- CAUTIOUSLY OPTIMISTIC
4/5
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: INB23078143PMS Regn No. INP00000238
INTRA DAY TECHNICAL RECOMMENDATIONS
Scrip CMP Buy Near Stop Loss Target 1 Target 2 Trend
SMARTLINK 68.3 67.5 66.5 69 70 Rangebound
Morning Notesmake more, for sure
Scrip CMP Sell Near Stop Loss Target 1 Target 2 Trend
NITIN 80.05 81.5 83 79 78 Rangebound
8/8/2019 MARKET OUTLOOK FOR 11 NOV- CAUTIOUSLY OPTIMISTIC
5/5
SEBI Regn No. BSE: INB010985834 / NSE: INB23078143PMS Regn No. INP00000238
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: INB23078143PMS Regn No. INP00000238
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.
Please refer to important disclosures at the end of this report For Private circulation Only For Our Clients Only
Morning Notes
NAME DESIGNATION E-MAIL
Varun Gupta Head - Research [email protected]
Pashupati Nath Jha Research Analyst [email protected] Singh Research Analyst [email protected]
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