My Recommendations	18 January, 2011
TATAGLOBAL LTP RS.104.90  BUY BETWEEN RS.103-104 STOP LOSS RS.100 TARGET RS.111 FOR 3-5 TRADING SESSIONS.

Fundamental Daily
Markets end flat, broader indices fall Equity markets closed an extremely a volatile session on a flat note on Monday while broader markets underperformed benchmarks. The 50-share NSE Nifty settled at 5654.75, up just 0.2 points, while the 30-share BSE Sensex closed at 18,882, with a gain of just 22 points. BSE Smallcap and Midcap indices fell over a percent. Sell-off was seen in capital goods, realty, metal, oil & gas and shares of select auto companies. On other side, support was lend by technology, financials, barring ICICI Bank, along with Bharti-Airtel, ITC, Cipla and NTPC.

Technical Analysis

• THE SHORT TERM TREND OF NIFTY IS DOWN IN OUR DAILY NEWSLETTER FROM 07TH JAN, 2011. • ON THE FIRST TRADING SESSION OF THE WEEK, INDEX ENDED ON FLAT NOTE BUT MANAGED TO SUSTAIN ABOVE THE CRUCIAL SUPPORT ZONE OF 200 EMA ON THE DAILY CHART FOR THE SECOND CONSECUTIVE SESSION. • STOCKS WITH THE BULLISH BIAS ALBK, BHARTIARTL, CAIRN, CIPLA, HCLTECH, INFOSYSTECH, IRB, JINDALSAW, LUPIN, OFSS, & ORCHID CHEM. • STOCKS WITH THE BEARISH BIAS HINDALCO, PIRHEALTH, SIEMENS & SINTEX. • ADVANCE/DECLINE NUMBERS (NSE) ADVANCE – 308 DECLINE – 1082 • SECTORS PERFORMANCE FROM THE SECTORAL FRONT, IT REMAINED MIXED SESSION WITH MAJORITY OF PIVOTS ENDING ON THE NEGATIVE NOTE. I.T. AND TECK WERE THE TOP GAINERS WHILE REALTY AND METAL WERE ON THE LOSING SIDE. • GLOBAL MARKET UPDATE (*at 5:00 pm IST) US MARKETS - CLOSED ( HOLIDAY). EUROPEAN MARKETS - MIXED ASIAN MARKET S - MIXED • NIFTY INTRADAY LEVELS Sup – 5625-5570     Res – 5700-5740.