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TABLE OF CONTENTS
1.
Coffee With Alankit
2. Financial And Economic Wrap Up
3. Indices Performance
4. Global Markets
5. Equity Market Wrap Up
6. Nifty Top 5 Gainers
7. Nifty Top 5 Losers
8. F And O Wrap Up
9. Trading Turnover
10.Institutional Flows Equity
11.Money Market Wrap Up
12.
Policy Rate
13.Daily Rates
14.Mutual Fund And Insurance Wrap Up
15.Liquidity Indicators
16.Top 5 Traded G Sec
17.International Metal And Energies Wrap Up
18.Commodity Market
19.Forex Wrap Up
20.Currency Market
21.Nifty Short Term Trend
22.Technical Picks
23.
Bank Nifty Calls
24.Nifty Calls
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25.Options Calls
26.
Technical Calls
27.Corporate Action
28.News Update
29.International Market Update
30.NSE Support And Resistance
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Coffee With Alankit Your Morning Companion
Dear Institutional Clients,
Index consolidating in rangeRetail Clients has been slayed !!!
We witnessed a flat opening on last trading session of the week in-line with unobtrusive global cues. After
moving slightly higher during the initial hour, the index corrected s harply to test Thursdays low. Equity
benchmarks saw consolidation (with marginal downside) for the second consecutive session on Friday as
investors remained cautious after indices hit record highs in middle of the week and on weakness in globalequities ahead of US jobs data. The 30-share BSE Sensex fell 59.23 points to close at 27026.70 while the 50-
share NSE Nifty struggled for the second day to hold 8100 level but it could not, down 9.10 points to 8086.85.
However, the broader markets outperformed benchmarks with the BSE Midcap and Smallcap indices rising
0.56 percent and 1.25 percent, respectively.
Among BSE sectoral indices, Auto index fell the most by 0.65 per cent, followed by FMCG 0.32 per cent and
Banking 0.30 per cent. On the other hand, Realty, Capital Goods and metal indices found investors' support
and were up 1.15 per cent, 0.86 per cent and 0.69 per cent, respectively. NMDC, DLF, Asian Paints, Kotak Bank
and Jindal Steel were the top five Nifty gainers, while the top five losers were United Spirits, Coal India, Hero
MotoCorp, HDFC and BHEL.
As we are continuously saying, FIIs will remain the main driver of the equity market. They continued their bet
on the governments reforms agenda, overseas investors have poured in nearly Rs. 9,000 crore in the Indian
capital market in the first week of the month.
Technically, after the correction for two consecutive days, Nifty managed to sustain abov e the Rising
Channel Breakout. In line with our view, we are witnessing both time and price correction, which is indeed
good for eevry Bull Run. Thus we reiterate our stance that the broader view remains bullish and Nifty can
rally towards 8400 levels and thus only late buyers need to be cautious. On the contrary, for the time being
7965 remains to be an initial support going forward for the index. A breach of the same might bring in some
pessimism on the selected stocks and benchmark indices.
Have a splendid and profitable day with Alankit !
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Financial & Economic Wrap Up
India's steel consumption grew by a mere 0.3% in the first5 months of the current fiscal to 31.16 million tonnes,
plagued by poor demand from the end-use segments
such as construction and automobiles. The
consumption of steel during the April-August period of
the last fiscal was 31.06 MT. (BS)
Fertiliser subsidy paid to the companies during the April-
July period of the current fiscal declined by around 41%
to about Rs 21,300 crore. The total subsidy paid in the
corresponding period of the previous financial year
stood at around Rs 36,000 crore. (BS)
India needs to attract investments worth a whopping USD
4.7 trillion for the country's economy to grow at an
average 7 per cent rate over the next 5 years, nearly
double the sum invested in the previous such period,
according to a study by CII. Besides, it has projected an
average growth of 6.3 per cent for the industrial sector
over the next 5 years, up from 5.2 per cent in previous
corresponding period, for which a cumulative
investment of Rs 146 lakh crore is required. (ET)
Equity Market Wrap Up
The Sensex has ended with the loss of 59.23 points, 0.22
percent, at 27026.70.
The 50-share NSE Nifty has closed with the loss of 9.10
points, 0.11 percent, at 8086.85, after making the
intraday high of 8122.70. The SX40 index of MCX-SX
ended with the loss of 17.37 points at 15953.75.
Sectoral indices ended with mixed movement. Realty,
Capital Goods and Metal were strong among all sectors.
Auto, FMCG and Banking counters were top losers.
Market breadth was positive on the BSE with 1739gainers against 1262 losers.
F & O Wrap Up
Nifty September 2014 Future was closed at 8116.70, a
premium of 29.85 points over spot closing of 8086.85.
Turnover on NSEs Futures & Options segment decreased
from Rs 145723.34 crore to Rs 169313.68 crore.
The Nifty PutCall stood at 1.15compared to the previous
days figure of 1.19.
India VIX has decreased by 1.09% to close at 12.9350.
The open interest on Nifty Futures decreased by 5.77lakhs to 1.53 crores in the previous trading session.
Financial & Economic Wrap Up
India's steel consumption grew by a mere 0.3% in the first5 months of the current fiscal to 31.16 million tonnes,
plagued by poor demand from the end-use segments
such as construction and automobiles. The
consumption of steel during the April-August period of
the last fiscal was 31.06 MT. (BS)
Fertiliser subsidy paid to the companies during the April-
July period of the current fiscal declined by around 41%
to about Rs 21,300 crore. The total subsidy paid in the
corresponding period of the previous financial year
stood at around Rs 36,000 crore. (BS)
India needs to attract investments worth a whopping USD
4.7 trillion for the country's economy to grow at an
average 7 per cent rate over the next 5 years, nearly
double the sum invested in the previous such period,
according to a study by CII. Besides, it has projected an
average growth of 6.3 per cent for the industrial sector
over the next 5 years, up from 5.2 per cent in previous
corresponding period, for which a cumulative
investment of Rs 146 lakh crore is required. (ET)
Equity Market Wrap Up
The Sensex has ended with the loss of 59.23 points, 0.22
percent, at 27026.70.
The 50-share NSE Nifty has closed with the loss of 9.10
points, 0.11 percent, at 8086.85, after making the
intraday high of 8122.70. The SX40 index of MCX-SX
ended with the loss of 17.37 points at 15953.75.
Sectoral indices ended with mixed movement. Realty,
Capital Goods and Metal were strong among all sectors.
Auto, FMCG and Banking counters were top losers.
Market breadth was positive on the BSE with 1739gainers against 1262 losers.
F & O Wrap Up
Nifty September 2014 Future was closed at 8116.70, a
premium of 29.85 points over spot closing of 8086.85.
Turnover on NSEs Futures & Options segment decreased
from Rs 145723.34 crore to Rs 169313.68 crore.
The Nifty PutCall stood at 1.15compared to the previous
days figure of 1.19.
India VIX has decreased by 1.09% to close at 12.9350.
The open interest on Nifty Futures decreased by 5.77lakhs to 1.53 crores in the previous trading session.
Indices Performance
Index 05-Sept-14 Previous Close % Change#
S&P BSE Sensex 27026.70 27085.93 -0.22
CNX Nifty 8086.85 8095.95 -0.11
CNX Midcap 11568.15 11535.70 0.28
CNX 500 6502.30 6501.95 0.01
S&P BSE Smallcap 10627.07 10495.46 1.25
Global Markets
Index 05-Sept-14 Previous Close % Change#
Dow Jones 17,137.36 17,069.58 0.40
Nasdaq 4,582.90 4,562.29 0.45
S&P 500 2,007.71 1,997.65 0.50
FTSE 6,855.10 6,877.97 -0.33
CAC 4,486.49 4,494.94 -0.19
Nifty Top 5 Gainers
Company 05-Sept-14 Previous Close % Change#
NMDC 184.8 176.5 4.7
DLF 175 167.5 4.48
ASIANPAINT 647 632.35 2.32
KOTAKBANK 1082 1058.8 2.19
JINDALSTEL 233.6 228.75 2.12
Nifty Top 5 Losers
Company 05-Sept-14 Previous Close % Change#
MCDOWELL-N 2300.05 2392.45 -3.86
COALINDIA 369.65 379.05 -2.48
HEROMOTOCO 2756.05 2824.6 -2.43
HDFC 1057.65 1080.2 -2.09
BHEL 222.5 227.05 -2
Trading Turnover
Description (Rs in Cr) 05-Sept-14 Change % Change#
NSE 17,599.47 439.00 2.56
BSE 3606.53 -1349.84 -27.23
Index Fut 12,629.84 1,925.04 17.98
Stock Fut 27,683.13 -441.18 -1.57
Index Opt 115,718.98 22,538.21 24.19
Stock Opt 13,281.66 -431.74 -3.15
F & O Total 169,313.68 23,590.34 16.19
Institutional Flows (Equity)
Description (Rs in Cr) Purchases Sales Net
FII Flows 3807.81 3497.30 310.51
DII Flows 1217.30 1572.11 -354.81
# % change is the over the previous days close.
Indices Performance
Index 05-Sept-14 Previous Close % Change#
S&P BSE Sensex 27026.70 27085.93 -0.22
CNX Nifty 8086.85 8095.95 -0.11
CNX Midcap 11568.15 11535.70 0.28
CNX 500 6502.30 6501.95 0.01
S&P BSE Smallcap 10627.07 10495.46 1.25
Global Markets
Index 05-Sept-14 Previous Close % Change#
Dow Jones 17,137.36 17,069.58 0.40
Nasdaq 4,582.90 4,562.29 0.45
S&P 500 2,007.71 1,997.65 0.50
FTSE 6,855.10 6,877.97 -0.33
CAC 4,486.49 4,494.94 -0.19
Nifty Top 5 Gainers
Company 05-Sept-14 Previous Close % Change#
NMDC 184.8 176.5 4.7
DLF 175 167.5 4.48
ASIANPAINT 647 632.35 2.32
KOTAKBANK 1082 1058.8 2.19
JINDALSTEL 233.6 228.75 2.12
Nifty Top 5 Losers
Company 05-Sept-14 Previous Close % Change#
MCDOWELL-N 2300.05 2392.45 -3.86
COALINDIA 369.65 379.05 -2.48
HEROMOTOCO 2756.05 2824.6 -2.43
HDFC 1057.65 1080.2 -2.09
BHEL 222.5 227.05 -2
Trading Turnover
Description (Rs in Cr) 05-Sept-14 Change % Change#
NSE 17,599.47 439.00 2.56
BSE 3606.53 -1349.84 -27.23
Index Fut 12,629.84 1,925.04 17.98
Stock Fut 27,683.13 -441.18 -1.57
Index Opt 115,718.98 22,538.21 24.19
Stock Opt 13,281.66 -431.74 -3.15
F & O Total 169,313.68 23,590.34 16.19
Institutional Flows (Equity)
Description (Rs in Cr) Purchases Sales Net
FII Flows 3807.81 3497.30 310.51
DII Flows 1217.30 1572.11 -354.81
# % change is the over the previous days close.
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Money Market Wrap Up
India's benchmark 10-year bond yield steady at 8.52percent ahead of key U.S. payrolls data. (Reuters)
The benchmark five-year swap rate falls 1 bp at 8.01
percent, while the one-year rate also down 1 bp at 8.44
percent. (Reuters)
India's cash rate at 8.00/8.05 percent against the
previous close of 7.00/7.10 percent. (Reuters)
Mutual Fund & Insurance Wrap Up
IDFC Mutual Fund has announced to roll over IDFC Fixed
Term Plan-Series 33 for 729 days. Now the scheme shall
mature on September 14, 2016. (ValueResearch)
SBI Mutual Fund has announced the NFO of SBI Equity
Opportunities Fund-Series I. The scheme will open for
subscription on September 11, 2014 and close on
September 25, 2014. (ValueResearch)
DFC Mutual Fund has extended the closing date of HDFC
FMP 1134D September 2014 (1) to September 18, 2014,
against the previous September 11, 2014.
(ValueResearch)
International Metals & Energies Wrap Up
Gold rose from an 11-week low, after U.S. employers
added the fewest jobs this year, adding some pressure onthe Federal Reserve to maintain lower interest rates.
(Bloomberg)
Copper erased gains in New York after U.S. jobs grew at
the slowest pace this year. Copper for December delivery
dropped 0.1 percent to $3.1475 a pound by 8:35 a.m. on
the Comex in New York. Prices earlier today rose as much
as 0.4 percent. (Bloomberg)
Iron ore declined below $85 a metric ton for the first time
in five years as Chinas economy, the worlds biggest
buyer, showed signs of losing momentum amid an
expanding global glut. (Bloomberg)
Forex Wrap Up
The dollar fell from a 14-month high after a report
showed employers added the fewest jobs this year in
August, damping speculation the Federal Reserve will
raise interest rates sooner than anticipated. (Bloomberg)
The Canadian dollar weakened against most of its major
peers after the nation unexpectedly lost jobs last month,
bolstering the case the central bank made earlier this
week for waiting to raise interest rates. (Bloomberg)
Brazils real declined this week on concern polls before
the October election will show increased support for
President Dilma Rousseff even as a recession combines
with above-target inflation. (Bloomberg)
Money Market Wrap Up
India's benchmark 10-year bond yield steady at 8.52percent ahead of key U.S. payrolls data. (Reuters)
The benchmark five-year swap rate falls 1 bp at 8.01
percent, while the one-year rate also down 1 bp at 8.44
percent. (Reuters)
India's cash rate at 8.00/8.05 percent against the
previous close of 7.00/7.10 percent. (Reuters)
Mutual Fund & Insurance Wrap Up
IDFC Mutual Fund has announced to roll over IDFC Fixed
Term Plan-Series 33 for 729 days. Now the scheme shall
mature on September 14, 2016. (ValueResearch)
SBI Mutual Fund has announced the NFO of SBI Equity
Opportunities Fund-Series I. The scheme will open for
subscription on September 11, 2014 and close on
September 25, 2014. (ValueResearch)
DFC Mutual Fund has extended the closing date of HDFC
FMP 1134D September 2014 (1) to September 18, 2014,
against the previous September 11, 2014.
(ValueResearch)
International Metals & Energies Wrap Up
Gold rose from an 11-week low, after U.S. employers
added the fewest jobs this year, adding some pressure onthe Federal Reserve to maintain lower interest rates.
(Bloomberg)
Copper erased gains in New York after U.S. jobs grew at
the slowest pace this year. Copper for December delivery
dropped 0.1 percent to $3.1475 a pound by 8:35 a.m. on
the Comex in New York. Prices earlier today rose as much
as 0.4 percent. (Bloomberg)
Iron ore declined below $85 a metric ton for the first time
in five years as Chinas economy, the worlds biggest
buyer, showed signs of losing momentum amid an
expanding global glut. (Bloomberg)
Forex Wrap Up
The dollar fell from a 14-month high after a report
showed employers added the fewest jobs this year in
August, damping speculation the Federal Reserve will
raise interest rates sooner than anticipated. (Bloomberg)
The Canadian dollar weakened against most of its major
peers after the nation unexpectedly lost jobs last month,
bolstering the case the central bank made earlier this
week for waiting to raise interest rates. (Bloomberg)
Brazils real declined this week on concern polls before
the October election will show increased support for
President Dilma Rousseff even as a recession combines
with above-target inflation. (Bloomberg)
Policy Rates
Key Rates (%) 05-Sept-14 1 Week Ago 1 Month Ago
Reverse Repo 7.00 7.00 7.00
Repo 8.00 8.00 8.00
CRR 4.00 4.00 4.00
SLR 22.00 22.00 22.00
Bank Rate 9.00 9.00 9.00
Daily Rates
Key Rates (%) 05-Sept-14 Previous Close % Change#
NSE MIBOR O/N 7.71 7.5 2.80
CALL 7.39 7.51 -1.60CBLO 7.34 7.35 -0.14
OIS-1Yr 8.47 8.46 0.12
OIS-5Yr 8.03 8.03 0.00
Liquidity Indicators
Description (INR Cr) 05-Sept-14 1 Week Ago 1 Month Ago
Govt.Securities 24,828.10 22,193.43 28,385.11
Call Money 17722 14903 15767
CBLO 37529 72524 86069
LAF 3950 9464 10005
Treasury Bills 2,308.23 3,228.89 2,842.12
Top 5 traded G Sec
Security Maturity % Closing Yield % Change#
8.60% GS 2028 2-Jun-28 8.6895 -0.04
8.40% GS 2024 28-Jul-24 8.5202 -0.06
8.83% GS 2023 25-Nov-23 8.6879 -0.07
8.27% GS 2020 9-Jun-20 8.5965 -0.17
8.12% GS 2020 10-Dec-20 8.6743 -0.15
Commodity Market
Commodities (INR) 05-Sept-14 Gains+/Loss % Change#
Gold (10gm) 27378 -83 -0.30
Silver (1Kg) 42013 -63 -0.15
Crude Oil (1 barrel) 5642 -103 -1.79
Aluminium (1 Kg) 125.65 -1.1 -0.87
Copper (1Kg) 427.35 0.2 0.05
Currency Market
Currency 05-Sept-14 Gains+/Loss %Change#
USD/INR 60.4385 -0.0155 -0.03
EUR/INR 78.1953 -1.2654 -1.59GBP/INR 98.6417 -0.8172 -0.82
JPY/INR 57.3600 -0.2400 -0.42
# % change is the over the previous days close.
Policy Rates
Key Rates (%) 05-Sept-14 1 Week Ago 1 Month Ago
Reverse Repo 7.00 7.00 7.00
Repo 8.00 8.00 8.00
CRR 4.00 4.00 4.00
SLR 22.00 22.00 22.00
Bank Rate 9.00 9.00 9.00
Daily Rates
Key Rates (%) 05-Sept-14 Previous Close % Change#
NSE MIBOR O/N 7.71 7.5 2.80
CALL 7.39 7.51 -1.60CBLO 7.34 7.35 -0.14
OIS-1Yr 8.47 8.46 0.12
OIS-5Yr 8.03 8.03 0.00
Liquidity Indicators
Description (INR Cr) 05-Sept-14 1 Week Ago 1 Month Ago
Govt.Securities 24,828.10 22,193.43 28,385.11
Call Money 17722 14903 15767
CBLO 37529 72524 86069
LAF 3950 9464 10005
Treasury Bills 2,308.23 3,228.89 2,842.12
Top 5 traded G Sec
Security Maturity % Closing Yield % Change#
8.60% GS 2028 2-Jun-28 8.6895 -0.04
8.40% GS 2024 28-Jul-24 8.5202 -0.06
8.83% GS 2023 25-Nov-23 8.6879 -0.07
8.27% GS 2020 9-Jun-20 8.5965 -0.17
8.12% GS 2020 10-Dec-20 8.6743 -0.15
Commodity Market
Commodities (INR) 05-Sept-14 Gains+/Loss % Change#
Gold (10gm) 27378 -83 -0.30
Silver (1Kg) 42013 -63 -0.15
Crude Oil (1 barrel) 5642 -103 -1.79
Aluminium (1 Kg) 125.65 -1.1 -0.87
Copper (1Kg) 427.35 0.2 0.05
Currency Market
Currency 05-Sept-14 Gains+/Loss %Change#
USD/INR 60.4385 -0.0155 -0.03
EUR/INR 78.1953 -1.2654 -1.59GBP/INR 98.6417 -0.8172 -0.82
JPY/INR 57.3600 -0.2400 -0.42
# % change is the over the previous days close.
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p
.rend
o
Nifty Short Term Trend
Equity benchmarks saw consolidation (with marginal downside)
for the second consecutive session on Friday. As we mentioned
in previous reports that the gap between price and 6 EMA has
been widen and we may see either time or price correction. In
line with our view, Nifty is moving in sideways direction with
marginal losses from three consecutive sessions. The gap
between 6 EMA has been filled on Friday and now we may see
further movement in upcoming days.
However, since the prices have closed above the breakout levelof Rising Channel, the continuation of downside might confirm
ONLY below the support zone of 7965. Well in that scenario if
Nifty sport sustains below 7965 then it can drift further towards
7840 which is the 50% Fibonacci retracement level of the recent
impulse from 7540 to 8141. At the same time it is remiss to
avoid that the overall trend is still extremely bullish.
We reiterate our stance that the broader view remains bullish
and nifty can rally towards 8400 levels and thus only late buyersneed to be cautious. On the contrary, for the time being 7965
remains to be an initial support going forward for the index. A
breach of the same might bring in some pessimism on the
selected stocks and benchmark indices.
Nifty Short Term Trend
Equity benchmarks saw consolidation (with marginal downside)
for the second consecutive session on Friday. As we mentioned
in previous reports that the gap between price and 6 EMA has
been widen and we may see either time or price correction. In
line with our view, Nifty is moving in sideways direction with
marginal losses from three consecutive sessions. The gap
between 6 EMA has been filled on Friday and now we may see
further movement in upcoming days.
However, since the prices have closed above the breakout levelof Rising Channel, the continuation of downside might confirm
ONLY below the support zone of 7965. Well in that scenario if
Nifty sport sustains below 7965 then it can drift further towards
7840 which is the 50% Fibonacci retracement level of the recent
impulse from 7540 to 8141. At the same time it is remiss to
avoid that the overall trend is still extremely bullish.
We reiterate our stance that the broader view remains bullish
and nifty can rally towards 8400 levels and thus only late buyersneed to be cautious. On the contrary, for the time being 7965
remains to be an initial support going forward for the index. A
breach of the same might bring in some pessimism on the
selected stocks and benchmark indices.
Outlook for the Day
Positive
Market Indices
Sensex: 27027
Nifty: 8086
Trend
Positive
Short Term Trend Reversal
Only Below 7540
Strategy
Buy on declines
Level to watch
Support: 8033, 8000
Resistance: 8158, 8210
Technical Picks
CROMPTON GREAVES
NATIONAL ALLUMINIUM
Outlook for the Day
Positive
Market Indices
Sensex: 27027
Nifty: 8086
Trend
Positive
Short Term Trend Reversal
Only Below 7540
Strategy
Buy on declines
Level to watch
Support: 8033, 8000
Resistance: 8158, 8210
Technical Picks
CROMPTON GREAVES
NATIONAL ALLUMINIUM
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Technical Picks
CROMPTON GREAVES CASH - BUY CMP: 217.95
NATIONAL ALLUMINIUM CASH - BUY CMP: 63.40
As seen in the chart stock prices of
CROMPGREAVES since last three months were
finding strong resistance at around 210 - 215
levels but on Friday the prices by giving a close
above 215 have confirmed a bullish pattern
breakout known as 'ROUNDING BOTTOM'. Along
with it the prices are moving in a 'HIGHER TOP
HIGHER BOTTOM' price cycle which indicates
strength in the bulls. The impact of the above
patterns can lead prices to an upside of 240/255in near term. In daily chart, momentum
oscillators like RSI and MACD are in positive zone
supporting the buy call.
Recommendation: We recommend positional
traders to go long in CROMPTON GREAVES CASH
at/above 214 with SL of 204 for TARGETS of
240/255.
As seen in the chart stock prices of
CROMPGREAVES since last three months were
finding strong resistance at around 210 - 215
levels but on Friday the prices by giving a close
above 215 have confirmed a bullish pattern
breakout known as 'ROUNDING BOTTOM'. Along
with it the prices are moving in a 'HIGHER TOP
HIGHER BOTTOM' price cycle which indicates
strength in the bulls. The impact of the above
patterns can lead prices to an upside of 240/255in near term. In daily chart, momentum
oscillators like RSI and MACD are in positive zone
supporting the buy call.
Recommendation: We recommend positional
traders to go long in CROMPTON GREAVES CASH
at/above 214 with SL of 204 for TARGETS of
240/255.
The stock prices of NATIONAL ALUMINIUM have
given a bullish pattern breakout in daily chart
known as 'INVERSE HEAD AND SHOULDER'. In
addition, we are witnessing huge volumes been
created in the counter which indicates strong
upward momentum in the stock in near term.
The impact of the same can lead prices to an
upside of 75/82 in near term. In daily chart,
prices are well above its short term and mediumterm moving averages i.e. 20SMA, 50SMA and
200SMA which indicates overall bullishness in
the counter.
Recommendation: Looking on the entire above
scenario we recommend positional traders to go
long in NATIONAL ALUMINIUM CASH at/above
61 with SL of 57 for TARGETS of 75/82.
The stock prices of NATIONAL ALUMINIUM have
given a bullish pattern breakout in daily chart
known as 'INVERSE HEAD AND SHOULDER'. In
addition, we are witnessing huge volumes been
created in the counter which indicates strong
upward momentum in the stock in near term.
The impact of the same can lead prices to an
upside of 75/82 in near term. In daily chart,
prices are well above its short term and mediumterm moving averages i.e. 20SMA, 50SMA and
200SMA which indicates overall bullishness in
the counter.
Recommendation: Looking on the entire above
scenario we recommend positional traders to go
long in NATIONAL ALUMINIUM CASH at/above
61 with SL of 57 for TARGETS of 75/82.
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BANKNIFTY CALLS: RANGE FOR THE DAY IS 16060 - 16422
SCRIP
SIGNAL
ENTRY LEVELS
TARGET
STOP LOSS
BANKNIFTY FUTURES BUY AT/ABOVE 16016 16228/16330/16450 15935
IF BANKNIFTY HITS 16390 AND RETRACES THEN SELL BANKNIFTY AT/BELOW 16340
BANKNIFTY FUTURES SELL AT/BELOW 16340 16206/16100/16000 16422
BANKNIFTY FUTURES IS STRONG ABOVE 16000
NIFTY CALLS FOR THE DAY: RANGE FOR THE DAY IS 80908195
SCRIP SIGNAL ENTRY LEVELS TARGET STOP LOSS
NIFTY FUTURES BUY AT/ABOVE 8114 8157/8178/8198 8092
IF NIFTY FUT HITS 8198 AND RETRACES THEN SELL NIFTY FUT AT/BELOW 8178
NIFTY FUTURES SELL AT/BELOW 8178 8130/8105/8072 8202
NIFTY FUTURE IS STRONG ABOVE 8105
OPTIONS CALLS
SCRIP STRIKE
PRICE
SIGNAL ENTRY LEVELS TARGET STOP LOSS
BANKNIFTY 16100CE BUY AT/ABOVE 215 335/390/435 160
BANKNIFTY 16000PE BUY AT/ABOVE 183 295/350/405 145NIFTY 8100CE BUY AT/ABOVE 88 115/129/154 68
NIFTY 8100PE BUY AT/ABOVE 63 87/99/112 49
ICICIBANK 1600CE BUY AT/ABOVE 17 37/46/58 11
ICICIBANK 1550PE BUY AT/ABOVE 22 33/42/51 16
INFY 3700CE BUY AT/ABOVE 67 95/114/135 54
INFY 3700PE BUY AT/ABOVE 47 71/85/99 40
RELIANCE 1040CE BUY AT/ABOVE 13 27/36/44 8
RELIANCE 1020PE BUY AT/ABOVE 13 23/29/37 7SBIN 2500CE BUY AT/ABOVE 64 86/100/122 48
SBIN 2500PE BUY AT/ABOVE 29 44/53/65 21
TECHNICAL CALLS
SCRIP SIGNAL ENTRY LEVELS TARGET STOP LOSS
CROMPTONGREAV CASH BUY AT/ABOVE 214 240/247/255 204
NALCO CASH BUY AT/ABOVE 61 75/78/82 57
HDFCLTD FUT SELL AT/BELOW 1072 1047/1030/1018 1088
SIEMENS CASH BUY AT/ABOVE 845 870/881/895 824
MRPL CASH BUY AT/ABOVE 63 68/71/75 60
JUBLFOOD FUT SELL AT/BELOW 1360 1335/1318/1300 1381
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CORPORATE ACTION
Company Purpose Date
HINDALCO Ex-date Dividend - Rs. 1 September 08, 2014
JAI CORP Ex-date Dividend - Rs. 0.50 September 08, 2014
BHEL Ex-date Dividend - Rs. 1.52 September 08, 2014
FINOLEX IND Ex-date Dividend - Rs. 7 September 08, 2014
NEWS UPDATES
ONGC chief D K Sarraf says no plans to list overseas arm, JVs
Reversing the plans of the previous management, the new brass at the oil and gas producer ONGC has ruled out takingany of its five JVs, especially its power venture in Tripura and petchem venture OPAL, and also its sole subsidiary ONGC
Videsh, public or exiting them. (BS)
Govt gets over Rs 35k cr from Cairn's Rajasthan oil block in 5 yrs
Cairn India's prolific Rajasthan oil block, which completed five years of operations, has contributed over Rs 35,000 crore
to the exchequer in taxes and profit petroleum. (BS)
Apollo to invest Rs 2,033 cr to open 12 hospitals in 3 years
Healthcare major Apollo Hospitals Enterprise plans to open 12 hospitals in the next three years that entail aninvestment of Rs 2,032.7 crore. As per the plan, the company will add 2,175 beds over next three years. (BS)
NTPC may be forced to tap international solar power suppliers
NTPC may be forced to tap international solar plant suppliers due to shortage in domestic capacity. NTPC was laying
emphasis on developing a solar power portfolio and had invited tender for 1,000 MW of solar power project open to
only domestic suppliers. (BS)
HPCL to soon meet Rajasthan officials on Barmer refinery issue
Hindustan Petroleum, which had last September announced setting up of a refinery at Barmer in Rajasthan, hasexpressed hope it will be able to go ahead with the Rs 37,230-crore project as scheduled and will be meeting state
officials over the next 10 days to iron out key issues. (BS)
INTERNATIONAL MARKETS UPDATE
US markets
US markets ended with gains on Friday. S&P 500 was up by 0.50%, Dow Jones was up by 0.40% and NASDAQ was up by
0.59%.
European Markets
European markets ended mixed on Friday. FTSE was down by 0.33% CAC was down by 0.19% and DAX was up by 0.23%.
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NSE (SEPTEMBER FUTURES) SUPPORT & RESISTANCE
SUPPORT LEVELS RESISTANCE LEVELS
STOCKS S3 S2 S1 PIVOT R1 R2 R3
ABIRLANUVO 1389.37 1417.33 1434.07 1462.03 1478.77 1506.73 1523.47
ACC 1487.03 1504.02 1517.73 1534.72 1548.43 1565.42 1579.13
ADANIENT 487.13 497.62 504.53 515.02 521.93 532.42 539.33
ADANIPORTS 280.7 284.15 287.7 291.15 294.7 298.15 301.7
ADANIPOWER 47.07 47.83 48.57 49.33 50.07 50.83 51.57
ALBK 111.32 112.93 114.52 116.13 117.72 119.33 120.92
AMBUJACEM 207.18 209.22 211.38 213.42 215.58 217.62 219.78
ANDHRABANK 69.12 70.38 71.72 72.98 74.32 75.58 76.92
APOLLOHOSP 1128.57 1144.28 1156.52 1172.23 1184.47 1200.18 1212.42
APOLLOTYRE 182.55 187.2 190.95 195.6 199.35 204 207.75
ARVIND 307.9 315.25 320.8 328.15 333.7 341.05 346.6
ASHOKLEY 35.15 36.15 37.45 38.45 39.75 40.75 42.05
ASIANPAINT 623.17 629.68 639.77 646.28 656.37 662.88 672.97
AUROPHARMA 808.62 818.23 826.57 836.18 844.52 854.13 862.47
AXISBANK 407.47 410.88 413.52 416.93 419.57 422.98 425.62
BAJAJ-AUTO 2238 2264.3 2305.4 2331.7 2372.8 2399.1 2440.2
BANKBARODA 861.43 868.82 878.93 886.32 896.43 903.82 913.93
BANKINDIA 271.1 277.85 282.2 288.95 293.3 300.05 304.4
BATAINDIA 1282.35 1301.3 1314.45 1333.4 1346.55 1365.5 1378.65
BHARATFORG 830.23 842.62 852.93 865.32 875.63 888.02 898.33
BHARTIARTL 384.48 390.87 396.73 403.12 408.98 415.37 421.23
BHEL 207.33 211.92 215.93 220.52 224.53 229.12 233.13
BIOCON 468.8 475.8 488.5 495.5 508.2 515.2 527.9
BPCL 667.45 677.45 684.6 694.6 701.75 711.75 718.9
CAIRN 324.88 327.57 329.83 332.52 334.78 337.47 339.73
CANBK 373.05 378.6 383.3 388.85 393.55 399.1 403.8
CENTURYTEX 602.87 610.43 616.82 624.38 630.77 638.33 644.72
CESC 722 734 745.8 757.8 769.6 781.6 793.4
CIPLA 536.62 542.38 551.57 557.33 566.52 572.28 581.47
COALINDIA 356.5 362.95 367.6 374.05 378.7 385.15 389.8
COLPAL 1500.15 1517.1 1540.7 1557.65 1581.25 1598.2 1621.8
CROMPGREAV 199.37 203.78 211.47 215.88 223.57 227.98 235.67
DABUR 223.48 224.87 225.98 227.37 228.48 229.87 230.98
DISHTV 52.35 53 53.85 54.5 55.35 56 56.85
DIVISLAB 1567.83 1589.67 1625.33 1647.17 1682.83 1704.67 1740.33
DLF 157.47 161.48 168.62 172.63 179.77 183.78 190.92
DRREDDY 2899.92 2936.08 2966.67 3002.83 3033.42 3069.58 3100.17
EXIDEIND 157.07 159.28 161.22 163.43 165.37 167.58 169.52
FEDERALBNK 121.1 122.55 123.75 125.2 126.4 127.85 129.05
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STOCKS S3 S2 S1 PIVOT R1 R2 R3
GAIL 435.53 442.07 448.18 454.72 460.83 467.37 473.48
GLENMARK 759.33 767.27 772.98 780.92 786.63 794.57 800.28
GMRINFRA 21.35 22.2 23.4 24.25 25.45 26.3 27.5
GODREJIND 326.53 331.42 335.63 340.52 344.73 349.62 353.83
GRASIM 3474.02 3524.03 3556.17 3606.18 3638.32 3688.33 3720.47
GSKCONS 4423.63 4446.82 4488.63 4511.82 4553.63 4576.82 4618.63
HAVELLS 263.8 268.65 271.7 276.55 279.6 284.45 287.5
HCLTECH 1636.12 1646.18 1657.87 1667.93 1679.62 1689.68 1701.37
HDFC 1018.53 1036.77 1049.03 1067.27 1079.53 1097.77 1110.03
HDFCBANK 839.13 845.07 849.93 855.87 860.73 866.67 871.53
HDIL 88.18 91.07 93.23 96.12 98.28 101.17 103.33
HEROMOTOCO 2677.47 2722.48 2749.87 2794.88 2822.27 2867.28 2894.67
HEXAWARE 151.47 156.03 163.37 167.93 175.27 179.83 187.17
HINDALCO 159.27 162.68 165.17 168.58 171.07 174.48 176.97
HINDPETRO 456.1 464.6 470.7 479.2 485.3 493.8 499.9
HINDUNILVR 722.85 728.45 731.7 737.3 740.55 746.15 749.4
HINDZINC 158.15 162.55 167 171.4 175.85 180.25 184.7
IBREALEST 65.25 66.65 67.7 69.1 70.15 71.55 72.6
ICICIBANK 1496.23 1520.12 1538.28 1562.17 1580.33 1604.22 1622.38
IDBI 70.88 72.27 73.73 75.12 76.58 77.97 79.43
IDEA 160.58 162.87 164.73 167.02 168.88 171.17 173.03
IDFC 138.68 140.42 142.33 144.07 145.98 147.72 149.63
IFCI 29.88 31.07 31.98 33.17 34.08 35.27 36.18
IGL 372.13 380.07 387.13 395.07 402.13 410.07 417.13
INDIACEM 116.62 118.58 120.47 122.43 124.32 126.28 128.17
INDUSINDBK 599.03 604.72 610.93 616.62 622.83 628.52 634.73
INFY 3607.57 3658.78 3695.52 3746.73 3783.47 3834.68 3871.42
IOB 54.95 56.4 58.1 59.55 61.25 62.7 64.4
IOC 371.85 378.7 384 390.85 396.15 403 408.3
IRB 249.95 254 260.8 264.85 271.65 275.7 282.5
ITC 346.87 348.38 350.17 351.68 353.47 354.98 356.77
JINDALSTEL 219.7 223.85 229.3 233.45 238.9 243.05 248.5
JISLJALEQS 83.43 85.87 87.48 89.92 91.53 93.97 95.58
JPASSOCIAT 24.98 28.67 31.28 34.97 37.58 41.27 43.88
JPPOWER 12.13 12.47 13.03 13.37 13.93 14.27 14.83
JSWENERGY 72.82 75.08 77.02 79.28 81.22 83.48 85.42
JSWSTEEL 1248.43 1267.17 1292.23 1310.97 1336.03 1354.77 1379.83JUBLFOOD 1291.67 1313.83 1328.12 1350.28 1364.57 1386.73 1401.02
JUSTDIAL 1664.63 1687.67 1707.18 1730.22 1749.73 1772.77 1792.28
KOTAKBANK 1029.83 1042.42 1060.93 1073.52 1092.03 1104.62 1123.13
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STOCKS S3 S2 S1 PIVOT R1 R2 R3
KTKBANK 121.15 124.9 128 131.75 134.85 138.6 141.7L&TFH 65.5 66 66.6 67.1 67.7 68.2 68.8
LICHSGFIN 310.5 313.05 317.2 319.75 323.9 326.45 330.6
LT 1552.85 1568.85 1592 1608 1631.15 1647.15 1670.3
LUPIN 1308.7 1315.35 1325.6 1332.25 1342.5 1349.15 1359.4
M&M 1378.17 1389.73 1401.87 1413.43 1425.57 1437.13 1449.27
M&MFIN 264.65 270.85 275.6 281.8 286.55 292.75 297.5
MARUTI 2833.7 2855.5 2875.4 2897.2 2917.1 2938.9 2958.8
MCDOWELL-N 2044.77 2134.63 2209.27 2299.13 2373.77 2463.63 2538.27
MCLEODRUSS 281.33 286.37 289.73 294.77 298.13 303.17 306.53
MRF 25963.23 26281.62 26763.23 27081.62 27563.23 27881.62 28363.23
NHPC 20.17 20.43 20.77 21.03 21.37 21.63 21.97
NMDC 171.22 174.48 180.02 183.28 188.82 192.08 197.62
NTPC 139.12 140.23 141.67 142.78 144.22 145.33 146.77
OFSS 3472.2 3525.1 3562.2 3615.1 3652.2 3705.1 3742.2
ONGC 427.2 432.25 438.4 443.45 449.6 454.65 460.8
ORIENTBANK 259.87 266.78 271.57 278.48 283.27 290.18 294.97
PETRONET 181.78 185.72 188.08 192.02 194.38 198.32 200.68
PFC 253.63 256.47 260.73 263.57 267.83 270.67 274.93
PNB 909.97 923.48 932.57 946.08 955.17 968.68 977.77
POWERGRID 131.23 132.27 133.38 134.42 135.53 136.57 137.68
PTC 82.23 83.62 85.23 86.62 88.23 89.62 91.23
RANBAXY 636.73 643.37 649.23 655.87 661.73 668.37 674.23
RCOM 103.17 105.48 108.67 110.98 114.17 116.48 119.67
RECLTD 259.53 263.52 269.53 273.52 279.53 283.52 289.53
RELCAPITAL 510.28 517.17 524.73 531.62 539.18 546.07 553.63
RELIANCE 1009.35 1016.9 1023.8 1031.35 1038.25 1045.8 1052.7
RELINFRA 667.4 681.7 691.05 705.35 714.7 729 738.35
RPOWER 71.32 72.58 74.02 75.28 76.72 77.98 79.42
SAIL 82.1 82.9 83.8 84.6 85.5 86.3 87.2
SBIN 2453.08 2474.77 2498.93 2520.62 2544.78 2566.47 2590.63
SIEMENS 801.63 814.82 835.08 848.27 868.53 881.72 901.98
SRTRANSFIN 957.35 965.8 979.7 988.15 1002.05 1010.5 1024.4
SSLT 270.23 273.32 277.93 281.02 285.63 288.72 293.33
SUNPHARMA 837.67 846.93 854.22 863.48 870.77 880.03 887.32
SUNTV 345.53 352.82 357.03 364.32 368.53 375.82 380.03
SYNDIBANK 108.55 111.8 114.1 117.35 119.65 122.9 125.2
TATACHEM 395.83 401.42 408.73 414.32 421.63 427.22 434.53
TATACOMM 371.22 377.63 382.67 389.08 394.12 400.53 405.57
TATAGLOBAL 155.33 157.82 160.28 162.77 165.23 167.72 170.18
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Al ki A i L d |
STOCKS S3 S2 S1 PIVOT R1 R2 R3
TATAMOTORS 489.2 497.35 503.1 511.25 517 525.15 530.9
TATAMTRDVR 365.18 368.67 372.23 375.72 379.28 382.77 386.33
TATAPOWER 86.4 87.25 88 88.85 89.6 90.45 91.2
TATASTEEL 498.77 503.43 509.57 514.23 520.37 525.03 531.17
TCS 2547.58 2568.82 2587.23 2608.47 2626.88 2648.12 2666.53
TECHM 2391.08 2429.52 2452.13 2490.57 2513.18 2551.62 2574.23
TITAN 376.98 382.02 385.93 390.97 394.88 399.92 403.83
UBL 672.35 687.35 707.85 722.85 743.35 758.35 778.85
UCOBANK 79 81.65 83.55 86.2 88.1 90.75 92.65
ULTRACEMCO 2609.1 2645.05 2665.6 2701.55 2722.1 2758.05 2778.6
UNIONBANK 195.2 200.85 204.9 210.55 214.6 220.25 224.3
UNITECH 21.17 21.63 22.42 22.88 23.67 24.13 24.92
UPL 353.32 360.13 370.62 377.43 387.92 394.73 405.22
VOLTAS 237.58 243.47 252.63 258.52 267.68 273.57 282.73
WIPRO 568.9 572.75 577.85 581.7 586.8 590.65 595.75
YESBANK 590.3 600.15 607.55 617.4 624.8 634.65 642.05
ZEEL 276 278.65 280.7 283.35 285.4 288.05 290.1
Disclaimer :The information contained in this report is extracted from different public sources and does not
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