advices for intraday equity weekly market

8/11/2019 Advices For Intraday Equity Weekly Market

1/6www.trifidresearch.com

18 August 22 August 2014

H

www.trifidresearch.com

W E E K L Y

R

E

P

O

R

T



MARKET GOSSIPS

Market gains and end near two

and half week closing high; Infy

gains.

July WPI inflation stood at

5.19% from 5.43%.

Cipla reported weak Q1

numbers, Net profit falls 39%.

Rcom dips after reported 15%

declined in Q1 net profit.

JSW Steel surged 8% on the

back of heavy volumes.



Support & Resistance

CLOSE S2 S1 CRUCIAL POINT R1 R2

7803.70 7600 7710 7900 7900 7980

Weekly market view

Markets showed strong pull back last week and again headed towards the

record highs on ease of geopolitical risks and weak IIP & Inflation data also

could not deter the bulls. Nifty future found support of the trend line on

weekly charts for third time and short bull rally lead it towards 7800 mark.

Now, index is ahead of key resistance mark of 7900 while correction fromresistance levels can drag it towards immediate support of 7710 and closing

below this level can again result in downfall towards the support range of

7600-7560.

NIFTY WEEKLY



DATEFII(Figures are in Rs. cr.) DII(Figures are in Rs. c

11-AUG-14 -162.92 234.41

12-AUG-14 370.83 -39.78

13-AUG-14 718.27 22.03

14-AUG-14 625.18 135.75

15-AUG-14 _ _

Indices Change

INDEX VALUE PTS %

SENSEX

26103 774 2.97

NIFTY

7791 223 2.86

B NK NIFTY

15089 324 2.15

INDI VIX

13.22 -1.39 -10.51

Top Nifty Losers ( Weekly)

Scrip Price P. Close %

BHUSHAN STEEL 160.50 304.60 47.31

UNITECH LTD 22.65 27.30 17.03

SUZLON ENERGY 20.70 24.05 13.93

JP POWER 16.15 18.50 12.70

SUN TV 369.50 418.70 11.75

Top Nifty Gainers (Weekly)

Scrip PriceP.

Close%

EICHER MOTORS 9975.0 8449.2 18.06

APOLLO HOSPITAL 1129.0 965.80 16.90

EMAMI LTD 598.20 534.65 11.89

JSWSTEEL 1274.7 1167.8 9.16

HDFC 1124.5 1035.8 8.56

STOCK COMMENTS

ACC(FUT) BUY ABOVE 1494 TARGETS 1525-1560 SL 1455.

CENTURYTEX(EQ) BUY ABOVE 595 TARGETS 615-635 SL 567.

LAST UPDATE MOTHERSUMI EQ BUY CALL 1ST

TARGET ACHIEVED.

LAST UPDATE TITAN FUT BUY CALL MADE HIGH OF 354.80(REC @ 351.50).

MARKET WATCH

CALLS OF THE WEEK



TATAMOTORS EQ AFTER STRONG Q1 RESULTS CONSOLIDATED AROUND

RECORD HIGHS AND IS EXPECTED TO GIVE POSITIVE BREAKOUT.

BUY ABOVE 488.20 TARGETS 510-535. MAINTAIN SL OF 460.

NIFTY FUT.

TECHNICAL VIEW

WEEKLY PICK



WWW.TRIFIDRESEARCH.COM

DISCLAIMER

advices for intraday equity weekly market

Documents