Trading Today. September 02, > From Our Technical Desk. > From The Dealing Desk. > Statistical Data. From Our Technical Desk

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1 Emkay Trading Today Trading Today Your success is our success Equity Advisory September 02, 2010 Indices Indices Today s close % chg Sensex 18, Nifty 5, S&P CNX 500 4, BSE 500 7, BSE Mid-Cap 7, BSE Small-Cap 9, BSE Auto 8, BSE Health 5, BSE FMCG 3, BSE IT 5, BSE PSU 9, BSE Bankex 12, BSE Oil & Gas 10, BSE Metal 15, BSE Cons Dur 5, BSE Cap Good 14, BSE Realty 15, BSE Power 3, > From Our Technical Desk > From The Dealing Desk > Statistical Data From Our Technical Desk Last hour surge Nifty witnessed huge buying interest in the last one hour of trade and thus closed the session above 5,450-level. Even the market breadth was strong throughout the session on account of good buying interest in frontline stocks. It was just a pullback rally for the markets after it tested the support of 50-daily simple moving average yesterday. So the view still remains bearish with reversal of Relative Strength Index ( ) Levels to Watch Sensex Nifty Day's High 18,227 5,478 Day's Low 18,027 5, EDMA 18,130 5, EDMA 17,913 5,380 - NSE50 [NIFTY] (5,403.05, 5,478.60, 5,403.05, 5,473.50, ) Trend Tracker Up/ Sensex/ Sensex/ Down Nifty Nifty Target Reversal ST MT ST: 0-14 days. MT: Days ,200/4,900 18,500/5, April May June July August September Nifty Intraday Levels to Watch Support Resistance Nifty 5,450/5,430 5,500/5,513 Equity Advisory Desk Tel.: Emkay Global Financial Services Ltd. Emkay Equity Advisory September 02,

2 Sectoral Speak BSE Metal Buying was witnessed in BSE Metal index and it broke the 200DEMA and finally closed at with a gain of 3.02%. Going forward this index has resistance at and in the coming days if this index starts trading above the mention level then we will witness further upside in this index. * BSE METAL IN D E X (15,093.73, 15,449.79, 15,077.21, 15,429.53, ) February M arch April M ay June July August September Technical Recommendations EPT Calls Date Stocks Action Reco. Price Stop- Loss Target CMP % Chg Comment 09-Aug-10 Gati Buy / % 16-Aug-10 GMR Infra Sell / % 28-Aug-10 DLF Sell / % Stop-loss trail EMT Calls Date Stocks Action Reco. Price Stop- Loss Target CMP % Chg Comment 18-Aug-10 M&M Sell / % Stop-loss triggered 26-Aug-10 Gtlinfra Buy / % 27-Aug-10 Hindalco Buy / % 27-Aug-10 Sail Buy / % 30-Aug-10 Power Grid Buy / % 30-Aug-10 Bharat Forge Sell / % 31-Aug-10 Tatasteel Sell / % Exit 01-Sep-10 Maruti Buy 1, , ,325/1,375 1, % 01-Sep-10 Mphasis Buy / % 01-Sep-10 Ster Buy / % 01-Sep-10 Cairn Buy / % 01-Sep-10 Sesagoa Buy / % Emkay Equity Advisory September 02,

3 Pivot Table Name Daily Close S2 S1 PP R1 R2 ABB ACC AMBUJACEM AXISBANK 1, , , , , , BHARTIARTL BHEL 2, , , , , , BPCL CAIRN CIPLA DLF GAIL HCLTECH HDFC HDFCBANK 2, , , , , , HEROHONDA 1, , , , , , HINDALCO HINDUNILVR ICICIBANK , , IDEA IDFC INFOSYSTCH 2, , , , , , ITC JINDALSTEL JPASSOCIAT KOTAKBANK LT 1, , , , , , M&M MARUTI 1, , , , , , NTPC ONGC 1, , , , , , PNB 1, , , , , , POWERGRID RANBAXY RCOM RELCAPITAL RELIANCE RELINFRA 1, , , , , RPOWER SAIL SBIN 2, , , , , , SIEMENS STER SUNPHARMA 1, , , , , , SUZLON TATAMOTORS 1, , , , , TATAPOWER 1, , , , , , TATASTEEL TCS UNITECH WIPRO Emkay Equity Advisory September 02,

4 From The Dealing Desk Trading Ideas Remain stock specific from current levels. Trading ideas which we like are SKS Micro (Target Rs1,340), Spice Jet (Target Rs80), Kale Consultant (Target Rs160) and Wel Corp (Target Rs260). Traders maintain stop loss accordingly. Investment Ideas Strategy should be to accumulate investment idea like Motherson Sumi. Motherson Sumi: Rs183 Results above expectation driven by better than expected topline. Tax 40% in the due to higher deferred tax post FCCB conversion Adverse currency movement affects 1QFY11 performance. Currency risks are largely translational as it has arrangement with OEMs for the currency swings, Impact visible with a lag Demand outlook remains strong across geographies and across segments. Expect model launch activity to pick up Upgrade FY11 EPS by 5.3% to Rs 9.9 and FY12 EPS by 11% to Rs Upgrade TP to Rs 205 (from Rs 185). Maintain BUY rating Emkay Equity Advisory September 02,

5 Statistical Data Derivatives Update 31-Aug Sep-2010 Changes OI Value cr. OI Value cr. OI Value cr. NIFTY Sep 3,22,80,700 17,428 3,28,15,500 17,972 5,34, NIFTY Oct 14,98, ,25, ,26, NIFTY Nov 48, , , MINIFTY Sep 9,56, ,58, ,01, BANKNIFTY Sep 23,78,000 2,553 23,35,225 2,544-42,775-8 BANKNIFTY Oct 46, , ,650 7 CNX IT Sep 22, , ,850 1 NFTYMCAP50 Sep Index Future Total 21,396 22, Stock Future Aug 42,779 44,058 1,279 Stock Future Sep 798 1, Stock Future Total 43,577 45,116 1,539 Over All OI 64,972 67,215 2,242 Nifty Near Month Future Disc to Cash was avg. 4-6 pts. Market Turn Over was good to Rs. 110,700 cr. (BSE + NSE + NSE F&O) Advance Decline Ratio Advances Declines Unchanged Ratio 2, :1 Sector updates Sectors Metal Realty Teck IT % Change +3.02% +2.98% +2.25% +2.00% Exchange Volumes Exchange BSE Cash NSE Cash NSE F&O 01-Sep-10 5, , , Total 1,10, Implied Volatility for ATM Options Call Put 31-Aug 01-Sep 31-Aug 01-Sep Put Call Ratio for (Open Interest) 31-Aug 01-Sep Nifty Aug All Expiry FII - MF Activity as on 01-Sep-10 (Prov) FII (Cr) DII (Cr) Cash F&O Net 1, FII Ind Fut Ind Options Stock Fut Stk Options -6 - World Markets Indices Current Net Change % Change Dow Jones 10, % S & P 500 1, % Nasdaq 2, % FTSE 5, % CAC 3, % DAX 6, % Hang Seng* 20, % * Indices at 7:45 AM Currency Forex Current Net Change % Change US Dollar* % * Current levels at that point of time Emkay Equity Advisory September 02,

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