TECHNICALLY SPEAKING: The domestic equity indices which kick started the day on an optimistic note tracking strong global cues cracked under pressure approaching the last hour of trade and ended the session with modest gains only. However, Positive start of the European markets and the Smart performance of the Realty sector supported the domestic markets to some extent. FAVORED TOT UP: Remember we have said that below 5580 there might be a sharp fall. Exactly to our expectations spot index plummet in the last session and breached 5500 though manages to close with tiny buying. Technically 5380-5400 could be the next level of support though sentiments remain subdued and we expect some more downside near to 5250 in upcoming sessions. Hence traders are advised to remain cautious at this stage and use ‘sell on rally’ strategy until and unless 5630 wouldn’t breach down with decisive volumes. VARIED TOT UP: On the flip side any bounce back from current levels may reap indices towards 5630-5650 level where we might see some sort of consolidation. Any break out above this may generate some suggestive buying opportunities though 5800-5850 might be the next ress zone.. HAPPY TRADING......

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MORNING NOTE 03 FEB 2011
DATA MATRIX OF LAST SESSION FIRST LIGHT HEADINGS
INDEX Close Chg Chg Fiscal deficit over the period April-December 2010 stood at Rs 1.71 lakh crore
compared with deficit of Rs 3.10 lakh crore, decline of nearly 46%.
Sensex 18091 69 0.38%
Nifty 5432 15 0.28% ITC to increase the price of its packaged food by 7-8%
Midcap 6754 -2 -0.03% Rolta India bags mapping project worth over Rs 38 cr from Sultanate of Oman
Smallcap 8362 6 0.07% Hindustan Construction bags order worth Rs 345.30 crore
Asian Paints’ arm shuts operations of its two plants
VALUE TRADED (Rs Crs) Chg Jet Airways reports 12% jump in Q3 net profit
BSE 3595 4.02% Vijay Shanthi Builders' Q3 net profit up 204.65%
NSE 13500 -1.44% Vardhman Textiles reports stellar Q3 numbers
F&O Total 106242 -14.42% Aarti Drugs board declares interim dividend ( Rs 2.50/SH)
Parabolic Drugs Q3 net profit up 33.19%
NET INFLOWS (Rs Crs) Chg Maruti Suzuki unveils much awaited luxurious and sporty sedan -‘Kizashi’
FIIs (82) -92%
DIIs 680 8%
MARKET INSIGHT
FII OPEN INTEREST (Crs) Chg On Wednesday Feb 02, 2011,Domestic markets snapping previous day's gigantic losses
rebounded in the opening trade tracking bullish global cues boosted by the overnight
FII Index Futures 10715 -6.40%
gains in the US market and a firm trade of other Asian bourses. The Dow Jones
FII Index Options 48223 3.03%
Industrial Average closed overnight above the 12,000 mark for the first time in 30-
FII Stock Futures 28015 0.31% months. The domestic equity markets continued their uptrend up till the mid noon
FII Stock Options 498 5.25% session on the back of bargain buying of few blue chip stocks and short covering,
however, the rally started cooling off as bears mauled back the barometer indices on the
World Indices Chg inflationary concerns and high crude prices, further fears of scenario getting worse with
Dow Jones 12042 0.02% FII's exiting in large numbers also gripped investor's mind which stoked panic selling.
However, market while approaching the last hour of trade started tapering off from
Nasdaq 2750 -0.06%
their high on an accelerating rate as intense selling in the stocks of Capital Goods and
FTSE 100 6000 0.71%
Power space clearly spoiled the play .
Commodity Chg
India VIX, a gauge for market's short term expectation of volatility declined 0.88%
Crude Oil (US$/bl) 102.6 0.74% at 23.52 from its previous close of 23.73 on Tuesday (Provisional). The S&P CNX
Gold (US$/oz) 1335.6 -0.54% Nifty rose 9.00 points or 0.17% to settle at 5,426.20. (Provisional) The index touched
a high and a low of 5,490.60 and 5,415.65, respectively(Provisional). There were 23
Top Movers Close Price Chg stock advancing against 27 declined on the index(Provisional).
TATAMOTORS 1108.3 3.67
The BSE Mid-cap declined 0.14% while the Small-cap indices rose 0.02%.
TCS 1191 3.55 (Provisional). In the BSE sectoral space, Realty up 1.99%, Oil and Gas up 1.93%,
RELIANCE 923 3.07 TECk up 1.30 % IT up 1.11%, and Metal up 0.86% were the major gainers
BHARTIARTL 325 2.49 (Provisional). While Power down 1.51% and CG down by 1.27% were the only
HCLTECH 495.9 2.34 loser in the BSE sectoral space (Provisional).
Meanwhile, keeping in mind the high inflation prevailing in Indian economy at
Top Losers Close Price Chg
present, the finance ministry is likely to hike the income tax exemption limit in the
HEROHONDA 1511.85 -6.12 FY12 General Budget to be released on February 28. It may also go for some more
BAJAJ-AUTO 1208 -3.06 widening of the tax brackets, although chances are less here as the same were
HDFC 614.4 -2.98 significantly widened last year.
NTPC 180 -2.83
BHEL 2139 -2.68
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Office: 306, Pratap Bhavan, 5, Bahadur Shah Zafar Marg, New Delhi-110002 PMS Regn No. INP000002387
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2. Morning Notes
make more, for sure.
MARKET OUTLOOK- CAUTIOUSLY OPTIMISTIC
TECHNICALLY SPEAKING: The domestic equity indices which kick started the day on an optimistic note tracking strong global cues
cracked under pressure approaching the last hour of trade and ended the session with modest gains only. However, Positive start of the
European markets and the Smart performance of the Realty sector supported the domestic markets to some extent.
FAVORED SCENARIO: Remember we have said that below 5580 there might be a sharp fall. Exactly to our expectations spot index
plummet in the last session and breached 5500 though manages to close with tiny buying. Technically 5380-5400 could be the next level of
support though sentiments remain subdued and we expect some more downside near to 5250 in upcoming sessions. Hence traders are
advised to remain cautious at this stage and use ‘sell on rally’ strategy until and unless 5630 wouldn’t breach down with decisive volumes.
VARIED SCENARIO: On the flip side any bounce back from current levels may reap indices towards 5630-5650 level where we might
see some sort of consolidation. Any break out above this may generate some suggestive buying opportunities though 5800-5850 might be
the next ress zone. HAPPY TRADING......
T O D A Y 'S M A R K E T L E V E L S
In 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 d
SEN SEX 17630 17790 18091 18235 18495 R a ng e bo und
N IF TY 5345 5380 5432 5465 5495 R a ng e bo und
Index Support 2 Support 1 Previous Close Resistance 1 Resistance 2 Trend
BANK NIFTY 10215 10325 10471 10695 10840 Rangebound
Please refer to important disclosures at the end of this report For Private circulation Only For Our Clients Only
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SEBI No. No. BSE: INB010985834 / NSE: INB230781431
Mansukh Securities and Finance Ltd
Office: 306, Pratap Bhavan, 5, Bahadur Shah Zafar Marg, New Delhi-110002
PMS Regn No. INP000002387
PMS Regn No. INP000002387
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Website:011-30123450/1/3/5 Fax: 011-30117710 Email: research@moneysukh.com
Phone: www.moneysukh.com
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3. Morning Notes
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INTRA DAY TECHNICAL RECOMMENDATIONS
Scrip CMP Buy Near Stop Loss Target 1 Target 2 Trend
ANDHRA CEM 12.6 12.5 12.3 12.7 12.9 Rangebound
Scrip CMP Buy Near Stop Loss Target 1 Target 2 Trend
ZYLOG 400.65 395 380 405 415 Rangebound
Please refer to important disclosures at the end of this report For Private circulation Only For Our Clients Only
Mansukh Securities and Finance Ltd SEBI Regn No. BSE: INB010985834 / NSE: INB230781431
Office: 306, Pratap Bhavan, 5, Bahadur Shah Zafar Marg, New Delhi-110002 PMS Regn No. INP000002387
Phone: 011-30123450/1/3/5 Fax: 011-30117710 Email: research@moneysukh.com
Website: www.moneysukh.com

4. Morning Notes
make more, for sure.
INTRA DAY TECHNICAL RECOMMENDATIONS
Scrip CMP Buy Near Stop Loss Target 1 Target 2 Trend
SURANA 116 112 108 116 120 Rangebound
Scrip CMP Sell Near Stop Loss Target 1 Target 2 Trend
AHMAD FORG 123.3 127 132 122 117 Rangebound
Mansukh Securities and Finance Ltd SEBI Regn No. BSE: INB010985834 / NSE: INB230781431
Office: 306, Pratap Bhavan, 5, Bahadur Shah Zafar Marg, New Delhi-110002 PMS Regn No. INP000002387
Phone: 011-30123450/1/3/5 Fax: 011-30117710 Email: research@moneysukh.com
Website: www.moneysukh.com

5. Morning Notes
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Please refer to important disclosures at the end of this report For Private circulation Only For Our Clients Only
Mansukh Securities and Finance Ltd SEBI Regn No. BSE: INB010985834 / NSE: INB230781431
Office: 306, Pratap Bhavan, 5, Bahadur Shah Zafar Marg, New Delhi-110002 PMS Regn No. INP000002387
Phone: 011-30123450/1/3/5 Fax: 011-30117710 Email: research@moneysukh.com
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