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EQUITY
Market
Week : June 27th to 01st July 2011

REPORT

WEEKLY
Analyst Speak

Market Ended Loosing Streak, Nifty Closed Near 5500 Mark

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Week : June 27th to 01st July 2011

Week : June 27th to 01st July 2011

Global Market News

Weekly Wrap
Markets extended yesterday's gains following global rally after a decision by International Energy Agency to increase oil supplies and a resolution over Greece debt crisis. The International Energy Agency (IAE) decided to turn on the oil spigot and release 60 million barrels, driving down crude prices to four month lows which caught investors off guard and spurred a rally across financial markets. Brent Crude fell 6% to $107.5/bbl and Nymex crude dropped to $91/bbl. BSE IT index regained buying interest and closed higher by 3.9% on improving sentiment in Europe. HCL Technologies gained 4.9%, TCS gained 3.8%, Infosys added 3.2% and Wipro was up 3.4%.

Global Market Analysis

NIFTY
NIFTY Properties Weekly Open Weekly High Weekly Low Weekly Close Weekly Chg Points Weekly Chg% Values 5372.20 5477.85 5195.90 5471.25 +99.05 +1.84%

World Indices
World Indices Sensex Nifty DOW Jones Shanghai Comp. Nikkei CAC 40 FTSE Close 18240.65 5471.25 11934.58 2745.75 9678.71 3784.80 5697.72 Weekly Chg Points +370.11 +99.05 -69.78 -102.93 +372.31 -38.94 -17.18 % Chg +2.07% +1.84% -0.58% -3.89% +3.50% -1% -0.30%

Asian & Emerging

China shares end up 2.2 pc on bullish market forecasts : China's main stock index closed up 2.2 percent on Friday, its biggest daily rise in more than four months, as a slew of bullish forecasts of the market's outlook for the second half of this year by local media and brokerages sparked heavy bargain-hunting below the 2,750-point level, traders said. The benchmark Shanghai Composite Index finished up at 2,746.2 points in sharply increased volume, ending the week up 3.9 percent, its biggest weekly rise since early November. Asia Stocks Post First Gain in Eight Weeks as Greek Rescue Boosts Optimism : Asian stocks climbed, driving the region's key benchmark index to its first advance in eight weeks, as concern Europe's debt crisis will hurt earnings of exporters and banks eased and the Federal Reserve said it is prepared to provide further stimulus to the U.S. economy if needed.

Sectorial Indices
Indices BANK NIFTY CNX NIFTY JUNIOR S&P CNX 500 CN XIT CNX MIDCAP CNX 100 Open 10592.65 11090.45 4360.95 6365.75 7921.65 5312.75 High 10875.25 11104.95 4395.95 6520.10 7941.95 5394.65 Low 10340.40 10642.20 4220.10 6050.00 7558.05 5145.50 Close 10852.50 10995.15 4392.20 6499.10 7799.10 5389.35

US Market
Wall Street sinks on Europe's debt misery : Wall Street dropped for a third day on Friday on worries about the Italian banking sector and Greece's debt crisis, but the S&P 500 managed to hold its 200-day moving average in a sign buyers still see value. U.S. Economy Expanded at 1.9% Pace in First Quarter, Above Prior Estimate : The U.S. economy grew at a 1.9 percent pace in the first quarter, marking the start of what Federal Reserve policy makers project is a temporary slowdown in growth. U.S. crude futures dropped 4.4 percent and the dollar climbed sharply after the International Energy Agency (IEA) said it will release 60 million barrels of oil from strategic stockpiles to help the global economy.

Gainers
Scrip OSWA LMINERAL MONEY MAT.FIN VARDHMN PLYTX RM WORLD ECE INDUSTRI Current Close 64.85 82.85 74.85 80.10 120.30 Change 48.30 70.15 63.55 69.20 105.45 Chg % 34.27 18.10 17.78 15.75 14.08

Losers
Scrip TITAN INDS GTL COX & KINGS SKUMARS NAT SANGHVI FORG Current Close 228.90 108.05 186.40 48.80 47.25 Change 4,477.35 407.30 417.35 66.10 62.80 Chg % -94.89 -73.47 -55.34 -26.17 -24.76

Micro Economic Front

Food inflation rises to 9.13% as on June 11 : Food inflation in the country touched a two-and-half-month high of 9.13% in the week ended June 11 on the back of costlier fruits, milk, onions and protein-based items. Fuel EGoM meet rescheduled to late evening : The meeting of empowered group of ministers (EGoM) on fuel has been rescheduled to late evening. As against the earlier time of 1 PM, the meeting will now take place at 7.30 pm. The meet is expected to review diesel and domestic LPG prices in a bid to cut down the rising losses of oil marketing companies (OMCs). Govt seeks status report on captive coal blocks from cos : Intensifying drive against the firms sitting idle on coal blocks, the government today asked companies to give status report on the development of captive blocks allocated to them for the AprilJune quarter.

DIIs Investment
Indices 23-Jun-2011 22-Jun-2011 21-Jun-2011 20-Jun-2011 Buy Value 509.40 370.60 654.40 683.60 Sell Value 275.70 365.90 261.80 346.10 Net Value 233.70 4.70 392.60 337.50

FIIs Investment
Indices 24-Jun-2011 23-Jun-2011 22-Jun-2011 21-Jun-2011 20-Jun-2011 Buy Value 2,156.00 1,845.90 1,705.20 2,588.20 2,105.30 Sell Value 1,672.40 2,114.20 2,256.30 3,015.30 2,468.50 Net Value 483.70 -268.30 -551.20 -427.10 -363.20

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Week : June 27th to 01st July 2011

Week : June 27th to 01st July 2011

Weekly Analysis
Spot Nifty

Observation

Expert

Stock Of The Week

Observation

Expert

TECHNICAL OVERVIEW The Nifty futures closed and settled finally at 5484 up by 167.80 points or 3.16 %. It is looking bullish in the coming trading session if it manages to trade above the resistance level of 5505 else below support level of 5335 it would be in a downward trend.

TECHNICAL LEVELS
Properties Support 1 Support 2 Resistance 1 Resistance 2 Values 5335 5250 5505 5625

Weekly Chart

ANALYST RECOMMEND

BUY
IDFC
Symbol
IDFC (NSE)

Bank Nifty

Company Name
INFRASTRUCTURE DEVELOPMENT FINANCE COMPANY LTD.

Price
`124.50

Change
`4.45

Volume
10756531

52 Week High
218.25

% From High
-33.33%

Day High
124.70

EPS
5.55

Weekly Chart

Stock Analysis
TECHNICALS
IDFC IS IN CONSOLIDATION PHASE. IF IT MANAGES TO SUSTAIN
Indices
IDFC

TECHNICAL OVERVIEW Bank Nifty Futures shut stop at 10880.82 up by 339.70 points or 3.22 %. It is looking bullish in the coming trading session if it manages to trade above the resistance level of 10990 else below support level of 10610 it would be in a downward trend.

TECHNICAL LEVELS
Properties Support 1 Support 2 Resistance 1 Resistance 2 Values 10610 10440 10990 10985

ABOVE 125. IT WILL TAKE UP MOVE .WE RECOMMEND TO BUY IDFC NSE IN CASH ABOVE 125 TARGET 128,130 WITH STOP 120.90 .

Support Resistance

120.90 125.00

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Week : June 27th to 01st July 2011

Week : June 27th to 01st July 2011

CAN SLIM
WHY CAN SLIM?
CAN SLIM is a formula created by William J. O'Neil, who is the founder of the Investor's Business Daily and author of the book How to Make Money in Stocks - A Winning System in Good Times or Bad. Each letter in CAN SLIM stands for one of the seven chief characteristics that are commonly found in the greatest winning stocks. The C-A-N-S-L-I-M. characteristics are often present prior to a stock making a significant rise in price, and making huge profits for the shareholders! O'Neil explains how he conducted an intensive study of 500 of the biggest winners in the stock market from 1953 to 1990. A model of each of these companies was built and studied. Again and again, it was noticed that almost all of the biggest stock market winners had very similar characteristics just before they began their big moves.

S
Supply and Demand: Shares Outstanding Plus Big Volume Demand.
Primary Factors IDFC LTD. is a large cap stock consisting of Rs. 18188.25 crores Shares Outstanding (Total Public Shareholding)

L
Leader or Laggard: Which is your stock?
Primary Factors

IDFC LTD. is a leading stock with a relative strength above 34.84% in Weekly and 41.69% in Daily.

KEY STATISTICS

C
Current Quarter Earning per Share. The Higher The Better.
Primary Factors Almost 13.91% increase in Q o Q Earnings.

I
Institutional Sponsorship: Follow the Leaders.
Primary Factors Approximately 86.88% of Shares are held by the Institutional Investors (FIIs, Mutual Funds etc.)

M A
Annual Earnings Increases: Look for a significant growth.
Primary Factors Annual Earnings showed An increment of 37.62% Y o Y.

Market Direction
Primary Factors If Market continues to remain in a secular uptrend, hence overall conditions are appropriate to initiate long position in the stock: A Big plus for the Stock

Disclaimer
The information and views in this report, our website & all the service we provide are believed to be reliable, but we do not accept any responsibility (or liability) for errors of fact or opinion. Users have the right to choose the product/s that suits them the most.

N
New Products, New Management, New Highs, Buying at Right Time.
Primary Factors IDFC LTD. is set to have a breakout as it is being consolidating with positive biasness from last many trading sessions.

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