Technical Research | | | | | July 19, 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 (18507) / NIFTY (5567)

Markets opened on a flat note and traded with negative bias in

a narrow range throughout the day to close marginally in red.

On the sector front, Auto, IT and Healthcare were on the losing

side whereas Realty, Consumer Durable and Metal ended with

marginal gains. The advance decline ratio was in favor of

Advancing counters (A=1591 D=1335). (Source - Iris software)

Formation

On the Daily Daily Daily Daily Daily chart, we are witnessing a narrow range body

formation which indicates indecisiveness prevailing at current

level.

Trading strategy:

The current price action suggests indecisiveness prevailing at

current level. Hence, if indices trade above 18622 / 5597 levels

then it may test 5650 - 5680 levels. On the downside,

18326 / 5496 remains crucial support level. If this level is

breached, selling is likely to intensify and Indices may test

18132 / 5434 levels.

Source: Falcon

Exhibit 1: Sensex Daily Chart

Technical Research | | | | | July 19, 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

18,380 18,444 18,533 18,597 18,686

5,526 5,546 5,572 5,592 5,617

872 886 893 907 915

971 977 982 988 993

125 125 126 127 128

1,244 1,253 1,261 1,271 1,279

388 390 393 396 398

1,903 1,940 1,963 2,000 2,023

663 668 671 676 680

313 314 316 317 318

309 313 319 323 328

228 232 235 238 242

441 448 452 459 463

494 499 504 509 513

686 693 698 705 709

503 509 514 520 525

1,797 1,807 1,822 1,833 1,848

176 179 181 184 186

326 329 332 335 338

1,032 1,040 1,050 1,057 1,067

79 80 81 82 82

135 138 141 144 146

2,685 2,699 2,721 2,735 2,757

199 201 202 203 204

622 626 630 634 639

75 76 77 78 79

478 483 488 493 497

1,764 1,778 1,802 1,816 1,840

695 701 710 716 726

1,152 1,164 1,176 1,187 1,200

182 184 187 189 192

273 275 278 279 282

1,120 1,135 1,147 1,162 1,174

108 109 110 110 112

539 541 544 546 549

92 93 95 96 98

583 588 594 600 605

859 863 869 873 878

564 569 573 578 583

112 113 114 115 116

130 131 131 132 133

2,441 2,459 2,471 2,489 2,502

890 896 905 911 920

161 163 164 165 166

494 497 504 507 513

50 50 51 51 52

990 1,002 1,024 1,037 1,059

1,249 1,272 1,286 1,309 1,323

566 569 573 576 580

1,103 1,114 1,133 1,144 1,163

34 34 35 35 35

407 411 413 417 419

Technical Research | | | | | July 19, 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 sameet.chavan@angeltrade.com

Research Team: 022-3094 0000 Website: www.angelbroking.com

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