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Date 27th OCT 2005 IMPORTANT INDICES INDEX CURRENT CLOSING NET CHANGE sensex 7975 -17 Nifty 2408 -10 BANK NIFTY 4128.5 +8 Cnx Mid cap 3536 -10 Cnxit 3272 -25 Today's Market Activity Report :Low Volumes due to expiry of October 2005 F&O contracts on 27th. Market open on a weak note initially which later on improved during the mid session. Sensex moved between positive and negative territory through out day with good volatility & closed just 17 points below than yesterdays closing.Nifty just closed @ 2408.50 down by 10 points. The daily gross FII turnover between Rs 1,860 cr to Rs 1,934 cr in two trading sessions between Monday and Tuesday .FIIs selling on Tuesday worth of Rs 232.70 cr.Total FIIs selling in this Oct month will come to worth of Rs 2,267.50 cr(as on 25 Oct ). Where as On Tuesday, local mutual funds bought shares worth a net Rs 285.54 cr.The net buying local mutual funds in equities in October has reached Rs 2,186.74 cr (till 25 Oct). There was huge block deal in ICICI Bank stock over 2cr shares. Market analsys : As per our analsys market has taken the support inbetween 7850-7900. Unless until trade below 7850 one can buy in dips and sell in rallies. Sustain or close NIFTY trading above 2443 (9DMA) is first sign of bad completion. IT stocks trading or closing above CNX IT :3290 is bullish.Major stocks like Reliance (18dma: 768),Reliance capital (9dma :370);ICICI bank(9dma :509) ,I-Flex (9dma:899),Infosys (18 dma:2540), TCS(18dma :1433),Bharti tele(18 dma :332) IPCL (18dma :225) etc are now trading at good supports. Giving few stocks trading near to 200 DMA's: VSNL :290, Andhra bank:94.Bank baroda : 220, City union bank:91,GIC HF :41,INDIA CEM:83,KTK bank: 97,KVB:449,Manali petro:18,BFL:262,Mysore cem :26,NALCO :165,NTPC:92,ONGC:924,PNB :395, SKumar:34, SCI :153,Strides :252,Tata chem :174,Tata power :397,Tata motor :474,Union Bank :115, Videocon int :74, by chance if the above stocks are availble in panic around 200 dma's , one can buy with some calculated risk . Advances :400 Vs Declines:439;Unchanged :25 Top Five S&P CNX Nifty Gainers / Losers : Gainers Losers Close Price Prev. Close % Change RANBAXY 358.05 342.50 4.54 TATAMOTORS 498.40 520.15 -4.18 GRASIM 1152.35 1112.20 3.61 TATAPOWER 398.30 415.25 -4.08 BHARTI TEL 336.75 329.55 2.18 SAIL 50.45 52.55 -4.00 HDFC 926.80 910.60 1.78 HCLTECH 454.95 473.35 -3.89 CIPLA 373.85 367.55 1.71 OBC 241.25 250.05 -3.52 Important point : Due to last day of Nov contracts we are expecting good volatility in the market. Some stocks may go up and some may come down. Don't tempt to buy at higher levels & same way Don't short in panic.RISKY TRADERS CAN BUY THE STOCKS WHICH ARE FALLEN HEAVILY DUE TO FO CLEARING BY 3.25 PM & SELL FRIDAY BY 11.30AM WHICH WILL GIVE GOOD RETURN All levels belongs to NOV futures. All levels meant for day trading .Today we are providing only nifty levels. INDEX INFORMATION NIFTY FUTURES (2403):TREND DECIDER IS 2390 Unless until sustain or close above 2445,lot of volatility will be there. Supports are 2390/2380/2360(last hope to market ). Resistances are 2425/2445-50. Mail me for any quarries or feedback or suggestion : CONTACT NUMBER: 09392100443 CONTACT PERSON: JAGAN MOHAN Disclaimer: Please understand all trading carries high risk. Please think carefully before you trade. Trading could easily lose money. Trading is a very sophisticated business requiring continuous learning and education. Do not trade without trading tools like software, company reports and technical analysis. This newsletter is only an opinion of its author and does not constitute any advisory to trade in any manner. This is not an advisory or recommendation to purchase or sell. The contents in this newsletter are only for educational purposes. Amateurs/Learners should not try to trade. No liabilities are accepted for any writings in the Newsletter.

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