Technical Research | | | | | July 15, 2011

For Private Circulation Only | Angel Broking Ltd: BSE Sebi Regn No : INB 010996539 / CDSL Regn No: IN - DP - CDSL - 234 - 2004 / PMS Regn Code: PM/INP00000154 6 Angel Securities Ltd:BSE: INB010994639/INF010994639 NSE: INB230994635/INF230994635 Membership numbers: BSE 028/NSE:09946 1

Daily Technical Report

Sensex (18618) / NIFTY (5599)

Markets opened lower and traded with extreme volatility to close

marginally in red. On the sector front, Realty, Bankex and

Healthcare were among the gainers whereas IT and FMCG

ended on the losing side. The advance decline ratio was in

favor of Advancing counters (A=1606 D=1252).

(Source - Iris software)

Formation

On the Daily Daily Daily Daily Daily chart, prices have tested the downward gap

area of 18679 - 18589 / 5601 - 5580 levels but have not

closed above it.

Trading strategy:

The current price action suggests that immediate resistance for

the coming trading session is at 18735 / 5633 level .If indices

trade above this level then there is a high probability that it

could resume the upward momentum and they may test

18803 - 18950 / 5654 - 5700 levels. On the downside,

18449 / 5541 remains crucial support if breached then indices

could test prior low of 18326 / 5496 or even test

18276 / 5450 levels.

Source: Falcon

Exhibit 1: Sensex Daily Chart

Technical Research | | | | | July 15, 2011

For Private Circulation Only | Angel Broking Ltd: BSE Sebi Regn No : INB 010996539 / CDSL Regn No: IN - DP - CDSL - 234 - 2004 / PMS Regn Code: PM/INP00000154 6 Angel Securities Ltd:BSE: INB010994639/INF010994639 NSE: INB230994635/INF230994635 Membership numbers: BSE 028/NSE:09946 2

Technical Research Team

SENSEX

NIFTY

ABB

ACC

AMBUJACEM

AXISBANK

BHARTIARTL

BHEL

BPCL

CAIRN

CIPLA

DLF

GAIL

HCLTECH

HDFC

HDFCBANK

HEROHONDA

HINDALCO

HINDUNILVR

ICICIBANK

IDEA

IDFC

INFY

ITC

JINDALSTEL

JPASSOCIAT

KOTAKBANK

LT

M&M

MARUTI

NTPC

ONGC

PNB

POWERGRID

RANBAXY

RCOM

RELCAPITAL

RELIANCE

RELINFRA

RPOWER

SAIL

SBIN

SIEMENS

STER

SUNPHARMA

SUZLON

TATAMOTORS

TATAPOWER

TATASTEEL

TCS

UNITECH

WIPRO

SCRIPS S2S2S2S2S2 S1 S1 S1 S1 S1 PIVPIVPIVPIVPIVOOOOOTTTTT R1R1R1R1R1 R2R2R2R2R2

Daily Pivot Levels For Nifty 50 Stocks

18,079 18,348 18,596 18,866 19,114

5,427 5,513 5,584 5,670 5,741

861 869 879 887 897

933 956 971 993 1,008

120 123 126 129 131

1,250 1,265 1,279 1,294 1,309

391 394 396 399 402

1,898 1,914 1,931 1,947 1,964

654 661 667 674 680

311 314 317 320 323

318 324 327 333 336

219 226 232 240 246

450 454 458 461 466

486 489 492 496 499

676 690 701 715 726

492 499 506 513 521

1,824 1,837 1,858 1,871 1,891

173 175 179 181 185

325 329 332 336 340

1,029 1,049 1,066 1,087 1,104

79 80 81 82 82

128 133 137 142 146

2,712 2,726 2,745 2,759 2,778

198 201 203 205 207

604 618 630 643 656

75 76 77 78 80

482 490 495 503 509

1,753 1,786 1,814 1,847 1,875

694 705 714 724 734

1,134 1,154 1,171 1,191 1,208

186 188 190 191 194

277 280 284 287 291

1,108 1,128 1,144 1,164 1,180

107 108 109 110 111

540 543 549 553 558

95 96 97 98 99

575 584 593 602 611

850 859 868 877 887

557 566 575 584 593

114 115 117 118 119

129 130 132 133 134

2,380 2,424 2,456 2,500 2,533

888 898 910 920 932

162 164 166 169 171

491 501 510 520 529

49 49 50 51 51

1,016 1,042 1,062 1,088 1,108

1,251 1,262 1,276 1,287 1,301

564 571 577 583 590

1,094 1,109 1,134 1,149 1,173

32 33 34 35 35

407 409 412 414 417

Technical Research | | | | | July 15, 2011

For Private Circulation Only | Angel Broking Ltd: BSE Sebi Regn No : INB 010996539 / CDSL Regn No: IN - DP - CDSL - 234 - 2004 / PMS Regn Code: PM/INP00000154 6 Angel Securities Ltd:BSE: INB010994639/INF010994639 NSE: INB230994635/INF230994635 Membership numbers: BSE 028/NSE:09946 3

RESEARCH TEAM

Shardul Kulkarni Head - TechnicalsMileen Vasudeo Technical AnalystSameet Chavan Technical AnalystSacchitanand Uttekar Technical AnalystMehul Kothari Technical Analyst

For any Queries, Suggestions and Feedback kindly mail to vasudeo.kamalakant@angeltrade.com

Research Team: 022-3952 6600 Website: www.angelbroking.com

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