MOSt Market Roundup
Date: Tuesday September 6, 2011
Daily Technical Analysis
Equity Market
Cash Volumes (Rs in Crores)
Exchange
BSE Cash
NSE Cash
NSE F&O
Advance / Decline
Group
Advance
Decline
Unchange
Top Index Gainers
Scrip
Hero MotoCorp
Close
2,174.35
% Change
5.2
4.2
2.7
1.8
6.2
Sensex
10
20
0
BSE 200
110
89
1
Today
2,550
11,342
82,058
Pev. Day
2,194
12,908
83,197
Sensex
Dealer's Diary
16,713.33
108.13
Nifty
5,017.20
22.80
Sensex opened 143 points down at 16678 on the back of global cues made a intraday
low of 16561 during day from there it recovered to close at 16713 down 108 points
(0.64%). Markets despite closing 0.64% down outperformed the global trend where
Asian Markets had closed between 1.5 - 2 % and European markets had opened 2- 3%
negative.
Among sensex major gainers were Hero Motors, Jaiprakash Associate, Bajaj Auto,
Jindal Steel and Larsen Tubro, Whereas major loser were Wipro, ONGC, Infosys,
Reliance and Sterlite Industries.
Among the indices Oil & Gas, Information Technology and Pharma Sector were major
loser and while Consumer Durable, Auto and Realty sector contributed positively to
the sensex.
In Oil & Gas ( Index down 1.77%) sector fall was largely led Cairn India (- 3.3%), BPCL
(2.24%), ONGC (2.67%) and Reliance (2.1%).
In Information technology (Index down 1.44%) sector was led by HCL Tech (-3.3%)
likely reduction in weight age in MSCI index by month end, Infosy (-2.2%), Wipro
(-3.7%).
Whereas in Pharma (Index down 0.67%) sector fall was led by Dr Reddy (-2.3%), Cipla
(-1.8%) it closed at 52 week low at 275.
Consumer Durables bucked the trend (Index up 2.44%) led by TTK Prestige (up 6%),
Titan Industries (up 4.5%) and Vip industries (up 1.9%).
Auto Continued there upward trend (Index up 1.30%) 2 wheelers continued to make
new 52 Week high both Hero Honda (5.2%) and Bajaj Auto (2.7%).
Jaiprakash Associate
64.45
Bajaj Auto
Jindal steel
Tata Steel
Top Index Losers
Scrip
Wipro
ONGC
Infosys
Reliance
Sterlite Ind.
Close
321.90
256.85
2,263.85
788.90
131.30
668.05
535.05
494.65
% Change
-5.5
-2.7
-2.2
-2.1
-2.6
Derivative Market
Daily Technical Analysis
Derivative Volumes (Rs in Crores)
Exchange
Index Futures
Stock Futures
Index Options
Stock Options
F&O Total
Total
No. of
Contracts
520804
432844
2249331
105123
3308102
6616204
Turn
Over
12209.69
10782.78
56386.36
2679.66
82058.49
164116.98
Put Call
Ratio
-
-
1.17
0.44
1.12
Nifty Futures August
Dealer's Diary
5,013.50
20.60
Discount
(3.70)
Nifty ended 22 points down, opened lower and took support at 4950 levels and
retraced back to 5020 in closing. With no major OI addition in calls or puts in todays
trade, nifty is likely to take a direction with respect to global markets move in tommorrow
trade. IT and Oil gas stocks corrected today in range of 3 to 4% while some midcaps
from retail and construction sector gained by 6 to 8%.
Most Active Stock Future
Stock
Futures
SBI Sep Fut
Reliance Sep Fut
Tata Steel Sep Fut
AxisBank Sep Fut
Price
2001
789
490
1117
No. of Contracts
Vol
OI
25678
21037
16237
14402
41799
58402
32467
18697
Most Active Nifty Calls
Index
Option
SEP 5100 CE
SEP 5000 CE
SEP 5300CE
Most Active Nifty Puts
Index
Option
SEP 4900 PE
SEP 4800 PE
SEP 5000 PE
SEP 4700 PE
Price No. of Contracts
Vol
OI
79.6
130
23.65
275010
92129
Price
86.1
62
120.8
45.25
No. of Contracts
Vol
OI
264923
199865
185489
134698
113126
148286
115167
154177
267847 109542
166463 108538
99474
109717
SEP 5200 CE 45.25

MOSt Market Roundup
Date: Tuesday September 6, 2011
Equity Market
News
Corporate
Daily Technical Analysis
Global Indices*
Indices
DOW FUT
NASDAQ FUT
FTSE
HANG SENG
Closing Price
11065
2109
5146
19467
Change(%)
-0.7
-0.7
0.3
-2.1
Sensex
16341.7
200.03
Sensex
16341.7
200.03
Indian service industry grew at slowest pace in more then two year in August.
The Purchasing Managers’ Index fell to 53.8 last month from 58.2 in July, HSBC
Holdings Plc and Markit Economics said. That’s the lowest level since June
2009…
TCS has put in a bid valued at $500 million to acquire a controlling stake in
Lufthansa IT systems, the captive information technology unit of the Frankfurt-
based airline
Housing & Devlopment Corp. plans Rs.5 Bin Bond Sale.
Ashok Leyland August Sales 7,218 units V/s 7,480 units YoY.
LME Rates*
Indices
COPPER
Aluminum
Zinc
Closing Price
8946.75
2398.50
2167
Change(%)
-1.42
-1.5
-1.3
Nitin Fire to consider free share issue on September 12
NCC gets order for Rs6.30bn for three projects..
Hotel Leela to consider hiving off Kovlam Hotel on September, 7..
BHEL wins order worth Rs13.95bn..
ONGC share sale may start on September 20 – PTI ..
Reliance Power says implementation of Sasan project on schedule and coal
output from mines to meet requirement…
NTPC and Reliance Infrastructure may cut supplies to two distribution units of
Reliance Infrastructure because they owe more than Rs9bn…
Hindustan Zinc cut zinc price by 2.1% to Rs1,18,000 per ton..
As per media report, Firstsource plans to sell US based MedAssist, a health care
business it acquired in 2007..
Commodity*
Indices
BRENT CRUDE
GOLD
SILVER
Closing Price
110.85
1,890.45
42.70
Change(%)
-1.32
0.84
-0.66
Currency*
V/S INR
DOLLAR
EURO
POUND
YEN
Closing Price
46.00
64.98
74.24
0.60
Change(%)
0.20
0.02
0.96
0.00
Suven Life Sciences secures 4 Product Patents for their NCEs in Australia and
New Zealand"..
Torrent Pharma gets USFDA tentative approval for generic Viagra ..
LME
Copper fell for third day in London to the lowest price in more then a week on
concern of slowing economies may reduce demand. Copper, Aluminum and Zinc
slipped by 1% each against the previous day’s close.
Global markets
Asian stocks snapped a six-day streak of advances ahead of reports expected
to show the U.S. jobless rate remained above 9 percent last month, adding to
signs growth in the world’s largest economy is weakening. Nikkei, Hang Sang
and China slipped by 1.4% each against the previous day’s close.
European stocks dropped after an election loss for German Chancellor Angela
Merkel’s party spurred concern that support for bailing out Europe’s indebted
nations may fed. FTSE, Dax and CAC slipped by 2 - 4% each against the
previous day’s close.
Note - *Data as of today, 5P.M.
Motilal Oswal Securities Ltd., Palm Spring Centre, 2nd floor, Palm Court Complex, New Link Road, Malad (W), Mumbai - 64.

MOSt Market Roundup
Date: Tuesday September 6, 2011
Technical Commentary
Daily Technical Analysis
The Nifty recovery stalled after 3 days of gains as the Nifty failed to cross the 5100 resistance , which is the immediate level to cross for
an uptrend. The immediate support is at the 4920 levels which is the 10dma and further support is at the 4850 levels. The 14 day RSI at
44 is approaching equilibrium at 50, while the 14 week RSI is at 39. The Daily Parabolic SAR is indicating an uptrend with reversal at 4755.
Daily Technical
Recommendations
Follow up - Open
Analysis
Date
Positional Call#
30-Aug
5-Sep
5-Sep
5-Sep
Option Strategy#
30-Aug
5-Sep
5-Sep
TATAMOTORS 740 PE
NIFTY 5000 PE
NIFTY 4800 PE
BUY
BUY
SELL
32.03
141.59
74.33
250
50
50
26.15
121.2
62.5
0
0
0
0
0
0
(1470)
(1020)
591
TATAMOTORS
NIFTY
BHEL
DLF
BUY
SELL
SELL
SELL
741.69
4967.55
1695.5
201.65
250
50
125
1000
752.5
5013.5
1706
205.35
800
4825
1575
185
695
5065
1765
211
2702
(2298)
(1313)
(3702)
Scrip
Reco
Price
Lot
Close
Target
Stop Loss
MTM +/-
# Please Watch for Followup Alerts provided on the Trading Screen / Call your MOSL Advisor
Motilal Oswal Securities Ltd., Palm Spring Centre, 2nd floor, Palm Court Complex, New Link Road, Malad (W), Mumbai - 64.

MOSt Market Roundup
Date: Tuesday September 6, 2011
Pivot
Technical Analysis
Daily
Table
Co. Name
Nifty
Sensex
ACC
AMBUJACEM
AXISBANK
BAJAJ-AUTO
BHARTIARTL
BHEL
BPCL
CAIRN
CIPLA
DLF
DRREDDY
GAIL
GRASIM
HCLTECH
HDFC
HDFCBANK
HEROMOTOCO
HINDALCO
HINDUNILVR
ICICIBANK
IDFC
INFY
ITC
JINDALSTEL
JPASSOCIAT
KOTAKBANK
LT
M&M
MARUTI
NTPC
ONGC
PNB
POWERGRID
RANBAXY
RCOM
RELCAPITAL
RELIANCE
RELINFRA
RPOWER
SAIL
SBIN
SESAGOA
SIEMENS
STER
SUNPHARMA
TATAMOTORS
TATAPOWER
TATASTEEL
TCS
WIPRO
Close
5,017
16,713
998
132
1,120
1,668
405
1,706
666
274
274
208
1,475
417
2,200
385
651
473
2,185
153
320
883
110
2,263
203
536
65
445
1,625
769
1,098
163
258
930
98
479
88
428
789
473
85
114
2,004
231
866
131
504
751
1,011
495
1,025
321
Low
4,964
16,561
997
131
1,058
1,612
401
1,696
663
273
273
201
1,475
413
2,130
378
642
463
2,048
149
317
865
108
2,240
200
517
61
438
1,580
755
1,064
163
255
895
97
468
83
397
783
443
83
108
1,962
226
856
130
498
741
997
480
998
320
S2
4,938
16,480
983
127
1,034
1,579
396
1,677
652
268
266
198
1,453
408
2,107
368
633
459
1,997
146
315
856
105
2,212
199
507
59
434
1,559
747
1,053
161
249
881
95
464
80
383
774
428
82
106
1,940
222
849
128
493
733
976
475
984
311
S1
4,978
16,597
991
130
1,077
1,624
401
1,692
659
271
270
203
1,464
413
2,153
376
642
466
2,091
150
317
869
108
2,237
201
521
62
439
1,592
758
1,075
162
253
906
96
472
84
406
781
450
83
110
1,972
227
857
130
498
742
994
485
1,005
316
PP
5,004
16,678
1,005
134
1,101
1,657
405
1,711
670
276
277
206
1,486
417
2,177
387
651
470
2,142
152
319
879
110
2,265
202
531
63
444
1,613
766
1,087
165
259
919
98
476
86
420
790
466
84
112
1,994
230
864
132
504
750
1,015
490
1,019
325
R1
5,044
16,795
1,012
136
1,144
1,701
409
1,725
677
279
281
211
1,498
422
2,223
395
660
477
2,236
155
322
893
113
2,291
204
545
66
449
1,646
777
1,109
166
263
944
99
484
90
442
798
488
86
116
2,026
235
873
133
509
760
1,032
500
1,039
329
R2
5,070
16,877
1,026
141
1,168
1,734
413
1,745
688
285
288
214
1,520
426
2,247
405
669
481
2,287
158
324
903
115
2,319
206
555
68
454
1,667
786
1,121
168
268
957
101
488
92
456
806
504
87
118
2,048
238
880
135
515
768
1,054
506
1,054
338
High
5,030
16,760
1,019
138
1,125
1,690
409
1,730
681
282
284
209
1,509
422
2,200
397
660
474
2,193
154
321
889
112
2,294
204
541
65
448
1,634
775
1,098
167
264
933
100
480
88
434
799
481
86
114
2,016
234
871
133
509
759
1,036
496
1,033
333
Motilal Oswal Securities Ltd., Palm Spring Centre, 2nd floor, Palm Court Complex, New Link Road, Malad (W), Mumbai - 64.

MOSt Market Roundup
Date: Tuesday September 6, 2011
Disclaimer
Daily Technical Analysis
Pivot Point: Intra-Day Trading tool.
PP :
Pivot Point : This is trigger point for Intra Day buy/sell based on the price range of the previous day.
R1 :
Resistance one : 1st Resistance over PP.
R2 :
Resistance two : 2nd Resistance over R1.
S1 :
Support one
: 1st support after PP.
S2 :
Support Two
: 2nd support after S1.
As per the tool, the trader should take BUY position just above PP and keep the stop loss of PP and the first target would be R1.
If R1 is crossed then R2 becomes the next target with the stop loss at R1.
Similarly if price goes below PP the trader should SELL and keep the PP as Stop loss and the first target would be S1.
If S1 is crossed then S2 becomes the next target with the stop loss at S1.
This is a intra-day tool. The key to use of this tool is the use of STOP LOSS.
Intra-Day Trading :
In general people on the street want to make big bucks overnight and resort to day trading. Day trading is like fighting a battle and to
win a battle you need to be equipped with the winning tools. Here we present some of the rules one must adhere to win or to survive.
• Determine the amount one can afford losing in a day. • Do not bet entire amount on a single trade. Divide the amount you can lose in few equal numbers
of trades. • Stop trading for the day if you have lost the entire amount you allocated for the day. • Keep reasonable profit to loss ratio. Profit expected from
the trade must be higher than the amount you are ready to lose on the trade. The ratio of 1.5 to 2 is advisable. Do not enter the trade if this condition is not
satisfied. • Always trade with the trend. Never enter into a trade which is against the larger trend. Avoid trading for the minor pullback or correction. • Keep
reasonable stop loss levels and follow them very strictly. • Never let a profit turn into losses, means keep trailing stop loss. • Do not get emotional with the
fundamentals in day trading.
Disclaimer
: This report is for personal information of the authorized recipient and does not construe to be any investment, legal or taxation advice to you. This research report does
not constitute an offer, invitation or inducement to invest in securities or other investments and Motilal Oswal Securities Limited (hereinafter referred as MOSt) is not soliciting any
action based upon it. This report is not for public distribution and has been furnished to you solely for your information and should not be reproduced or redistributed to any other person
in any form.
Unauthorized disclosure, use, dissemination or copying (either whole or partial) of this information, is prohibited. The person accessing this information specifically agrees to exempt
MOSt or any of its affiliates or employees from, any and all responsibility/liability arising from such misuse and agrees not to hold MOSt or any of its affiliates or employees responsible
for any such misuse and further agrees to hold MOSt or any of its affiliates or employees free and harmless from all losses, costs, damages, expenses that may be suffered by the
person accessing this information due to any errors and delays.
The information contained herein is based on publicly available data or other sources believed to be reliable. While we would endeavour to update the information herein on reasonable
basis, MOSt and/or its affiliates are under no obligation to update the information. Also there may be regulatory, compliance, or other reasons that may prevent MOSt and/or its
affiliates from doing so. MOSt or any of its affiliates or employees shall not be in any way responsible and liable for any loss or damage that may arise to any person from any
inadvertent error in the information contained in this report . MOSt or any of its affiliates or employees do not provide, at any time, any express or implied warranty of any kind,
regarding any matter pertaining to this report, including without limitation the implied warranties of merchantability, fitness for a particular purpose, and non-infringement. The
recipients of this report should rely on their own investigations.
This report is intended for distribution to institutional investors. Recipients who are not institutional investors should seek advice of their independent financial advisor prior to taking
any investment decision based on this report or for any necessary explanation of its contents.
MOSt and/or its affiliates and/or employees may have interests/positions, financial or otherwise in the securities mentioned in this report. To enhance transparency, MOSt has
incorporated a Disclosure of Interest Statement in this document. This should, however, not be treated as endorsement of the views expressed in the report.
Motilal Oswal Securities Ltd., Palm Spring Centre, 2nd floor, Palm Court Complex, New Link Road, Malad (W), Mumbai - 64.