market outlook for 11 jan- cautiously optimistic

8/8/2019 MARKET OUTLOOK FOR 11 JAN- 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

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FIRST LIGHT HEADINGS

MARKET INSIGHT

CARE reaffirms ‘PR1’ rating to Alok Industries’ financial instruments

’Rane Brake Lining board to consider interim dividend

Kirloskar Ferrous allots equity shares against conversion of detachable warrantsBajaj Allianz General Insurance unveils Commercial Package Policy Pennar Industries registers an increase of 34% in Q3 net profit Ind-Swift Laboratories to augment its manufacturing capacity by 40%

India-Iran expect a solution to payment row this week

Fiscal consolidation must to check inflation: Mukherjee

On Monday Jan 10 2010,

The sectors that were cruelly hammered down in trade were Realty

The BSE Sensex tumbled 467.69 points or 2.38 % to settle at 19,224.12 (Provisional

The key equity indices after getting a cautious start as the U

markets closed marginally lower on Friday were trading choppy in the early trade. Howeve

within no time the financial stocks dragged the markets lower, with all the Asia

counterparts trading in the negative terrain, indicating somber investors' sentiments. Th

markets then extended it losses as the market sentiment was tainted with the data showingsurge in food inflation in late December 2010 which rekindled fears of interest rate hike by th

Reserve Bank of India (RBI) at a quarterly policy review on 25 January 2011.Coming furthe

the selling pressure was aggravated and the benchmarks started trading near their day's lo

point with stocks from Capital Goods, Consumer Durables and HealthCare counters testin

the market in a fairly rough manner. The broader indices by then, both Smallcap and Midca

index were mirroring each other and had lost proportionate points. Coming towards to th

early noon session, bears completely took over and there were no signs of relief as th

benchmarks by then had deepened their cuts since 30 share index--Sensex --had lost over 25

points and 50 share index--Nifty-- plummeted by 80 points. The market condition in the la

noon session became worse weighed down by the heavyweight crash and a huge sell-off see

in the Realty, Capital goods, Oil & gas, Consumer Durables and Bankex space.

, Capital GoodConsumer Durables. At the disastrous close stocks from Realty was the worst hit of th

day, as HDIL plunged by 7.81%, Indiabulls Real Estate declined 3.36% .Stocks from

Capital goods too were battered down mercilessly , with L&T declining 5.46% an

India's largest power equipment maker by sales Bharat Heavy Electricals (BHEL

declined 4.76%. While, among the Consumer Durables pack , Gitanjali Gems down b

4.16% and Titan Inds down by 3.78% suffered the most. Meanwhile, Bankex sectors aft

posing some amount of resilience in terms of marginal amount of decline seen the la

trading session, today piped many other sectors to drag the markets lower.

).Th

index touched a high and a low of 19,720.43 and 19,158.43 respectively (Provisional).Th

advances and declines were in proportion of 2:38 (Provisional). The S&P CNX Nift

trimmed 148.95 points or 2.652% to 5,755.65. The index touched a high and a low o

5,907.25 and 5,740.95, respectively (Provisional).

MORNING NOTE 11JAN 2011

Rea l life p redic ta bility is not so rewa rding...

Predic t the Nifty with

& win daily cash prizes!MANSUKH

INDEX Close Chg Chg

Sensex 19224 -468 -2.38%

Nifty 5763 -142 -2.40%Midcap 7295 -176 -2.36%

Smallcap 9099 -264 -2.82%

VALUE TRADED (Rs Crs) Chg

BSE 0.34%

NSE -5.42%

F&O Total 7.96%

NET INFLOWS (Rs Crs) Chg

FIIs 9%

DIIs -9%

FII OPEN INTEREST (Crs) Chg

FII Index Futures -6.26%

FII Index Options 8.92%

FII Stock Futures -1.23%

FII Stock Options 5.18%

Chg

Dow Jones -0.32%

Nasdaq 0.18%

FTSE 100 -0.46%

Commodity ChgCrude Oil (US$/bl) 1.60%

Gold (US$/oz) 0.40%

Top Movers Chg

ACC 1.77

INFOSYSTCH 0.5

BHARTIARTL 0.15

Top Losers Chg

KOTAKBANK -6.48HDFCBANK -5.05

HINDALCO -4.99

BHEL -4.46

HDFC -4.37

DATA MATRIX OF LAST SESSION

3516

13580

172712

(1139)

1019

11450

45347

33987

478

World Indices

11637

2708

5956

Close Price

Close Price

95.5

1375.5

1020

3387.5

339

221.65

2188

654

4072154.95

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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




TECHNICALLY SPEAKING:

FAVORED SCENARIO:

VARIED SCENARIO:

After witnessing the carnage at the Dalal Street on Friday which dominated the start of 2011, Indian equimarkets have again witnessed a troublesome session at the start of the second week of the year. After starting the session on a cautious notbenchmark indices continued its southward journey with continued selling pressure.

Remember we have said that below 6000 we might see some sharp drift. Exactly to our expectations last sessioshown some heavy selling in post afternoon session though possibility of technical bounce back still on the cards. Moreover 5680 should very important to watch. Below this level current sentiment will further dampens and possibility of losing another 100-150pts in a short pantime could be seen.

On the flip side any bounce back from current levels may reap indices towards 6050-6060 level where we migsee some sort of consolidation. Any break out above this may generate some suggestive buying opportunities though 6200-6230 might the next ress zone. HAPPY TRADING......

MARKET OUTLOOK- CAUTIOUSLY OPTIMISTIC

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

BANK NIFTY 10205 10480 10666 10890 11135 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



Morning Notesmake more, for sure

I n d e x S u p p ort 2 S u p p ort 1 P re viou s C los e R e s is ta n c e 1 R e s is ta n c e 2 T re n dS E N S E X 18825 19030 19224 19465 16970 R a n g e b o u n d

N I F T Y 5680 5725 5763 5845 5880 R a n g e b o u n d

T O D A Y 'S M A R K E T L EV E LS






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Morning Notes

NAME DESIGNATION E-MAIL

Varun Gupta Head - Research [email protected]

Pashupati Nath Jha Research Analyst [email protected] Singh Research Analyst [email protected]

make more, for sure




market outlook for 11 jan- cautiously optimistic

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