equity reports for the week (13th - 17th june '11)

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  • 8/6/2019 Equity Reports for the Week (13th - 17th June '11)

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    Global Research Limited

    Week : June 13th to 17th June 2011

    WEEKLYREPORT

    www.capitalvia.com

    EQUITYEQUITYMarket

    Lackluster Trade

    May Continue With

    Low Volumes

    Analyst Speak

    Premiumsegment

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    Global Market News

    Week : June 13th to 17th June 2011 Week : June 13th to 17th June 2011

    [ 2 ] [ 3 ]

    Global Market Analysis

    The Nifty opened in red and remained subdued until the industrial output data for the month of April came in at 6.3%, putting

    pressure on stocks from capital intensive sectors. The S&P CNX Nifty touched a low of 5,457 in the afternoon session and

    recovered partially to closed at 5,486, down 35 points. The BSE benchmark Sensex ended at 18,269, down 116 points,

    recovering from a low of 18,183.

    Consumer Durables index witnessed buying interest on back of normal monsoon boosting demand for consumer goods.

    Whirlpool advanced 3.7%, Titan climbed 1.8% and Bajaj Electrical rallied 1.6%.

    From the broader markets, midcap and the smallcap indices closed down 0.3% and 0.4% each.

    Weekly Wrap

    Asian & Emerging

    US Market

    Asian markets face monetary policy risks : With the international economic environment fraught with uncertainty, policymakers

    have been slow to tighten monetary policy in Asia, which has resulted in the creation of asset bubbles and high credit growth.

    This, according to Deutsche Bank's latest report, Global Economic Perspectives, leaves Asian markets vulnerable to further

    rate hikes.

    China shares end at 4-1/2-month low: China's main stock index ended down 1.7 percent on Thursday, with financials and

    property shares weak, as sentiment was hurt by a plunge in B shares and worr ies over further monetary policy tightening.

    Seoul shares end down on global economic concerns : Seoul shares finished lower on Thursday, falling for a sixth consecutive

    session, after U.S. stocks failed to rebound on further evidence of a U.S. economic slowdown.

    It was a brutal week for US stock markets, as investors sold-off shares on signs that growth in the world's largest economy was

    slowing.

    The benchmark S&P 500 recorded its sixth straight weekly decline on Friday and volume has picked up, as it typically does, on

    down days. Another week of selling will mark the longest stretch of weekly losses for the index since 2001.

    The Standard & Poor's 500 index fell 15, or 1.1 percent, to 1,274. The Nasdaq dropped 31, or 1.2 percent, at 2,654. The Nasdaq

    has now give up nearly all its gains for the year. The Dow is still up 3.6 percent for 2011, the S&P 1.4 percent.

    Micro Economic Front

    Food inflation up to 9.01% for week ended May 28 : Notwithstanding the government's projections of a moderation in the rate of

    price rise of food items, food inflation jumped to a two-month high of 9.01% for the week ended May 28 on the back of costlier

    fruits, onions and protein-based items. Food inflation, as measured by the Wholesale Price Index (WPI), was 8.06% in the

    previous week, while it was as high as 20.62% during the last week of May, 2010.

    China's economy is predicted to grow by 9.3% this year , before slowing to 8.7 percent in 2012 and 8.8% in 2013, said the World

    Bank forecast in its twice-yearly Global Economic Prospects report, which was released on Wednesday.

    Oil, food prices brake global growth: World Bank : Rising food and fuel prices are taking the wind out of the global economy's

    recovery this year, the World Bank has said, cutting its forecast for global growth.

    NIFTY

    NIFTY Properties Values

    Weekly Open

    Weekly High

    Weekly Low

    Weekly Chg Points

    5504.30

    5570.10

    5457.45

    -18.2

    Weekly Close 5485.80

    Weekly Chg% -0.33%

    World Indices

    DOW Jones

    18268.54

    11951.11

    5765.80

    9514.44

    Sensex

    FTSE

    Nikkei

    -77.3

    -200.15

    -89.02

    -22.23

    CloseWorld Indices Weekly Chg Points

    -0.42%

    -1.65%

    -1.52%

    -0.23%

    % Chg

    5485.80Nifty -18.2 -0.33%

    Shanghai Comp. 2706.18 -21.84 -0.80%

    3805.09CAC 40 -85.59 -2.19%

    Sectorial Indices

    S&P CNX 500

    CNX MIDCAP

    4451.15

    7992.70

    4496.30

    8081.27

    4424.00

    7943.80

    4442.80

    7992.05

    BANK NIFTY 10734.25 10918.25 10627.60 10714.25

    Open High Low CloseIndices

    CNX NIFTY JUNIOR 11302.55 11440.20 11228.90 11278.45

    CN XIT 6664.65 6689.75 6633.90 6653.45

    CNX 100 5442.15 5501.45 5391.80 5424.50

    Gainers

    INDIAN TERRA

    KALYANI FORGE

    124.50

    191.90

    LAKSHMI FIN 37.60

    TAINWALA CHEM 29.65

    83.40

    143.10

    29.40

    22.00

    49.28

    34.10

    27.89

    34.77

    Scrip Current Close Change

    OSWAL MINERAL 39.70 30.70 29.31

    Losers

    DIIs Investment FIIs Investment

    SUN TV

    TCI DEVELOP

    305.35

    191.50

    SANGHVI FORG 65.55

    ESSAR PORTS 103.55

    377.75

    223.40

    80.30

    120.55

    -19.16

    -14.27

    -18.36

    -14.10

    Scrip Current Close Change Chg %

    SURAJ DIAMOND 47.10 54.35 -13.33

    09-Jun-2011 273.70 228.80 44.90

    08-Jun-2011 278.70 257.20 21.50

    07-Jun-2011 312.70 285.60 27.10

    Sell Value Net ValueBuy ValueIndices

    10-Jun-2011 1,839.70 1,693.70 146.10

    08-Jun-2011 2,012.70 1,976.40 36.30

    Sell Value Net ValueBuy ValueIndices

    07-Jun-2011 1,572.60 1,995.60 -423.00

    Chg %

    09-Jun-2011 1,905.40 1,730.60 174.80

    06-Jun-2011 1,982.90 1,445.30 537.60

    06-Jun-2011 4 70 .60 2 95 .3 0 1 75 .3 0

  • 8/6/2019 Equity Reports for the Week (13th - 17th June '11)

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    Week : June 13th to 17th June 2011 Week : June 13th to 17th June 2011

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    WeeklyChart

    Weekly Analysis

    Spot Nifty

    The Nifty futures closed and settled finally at 5484.15 down by -35

    points or -0.63 %. It is looking bearish in the coming trading session if

    it manages to trade below the support level of 5440 else above

    resistance level of 5520 it would be in an upward trend.

    TECHNICAL OVERVIEW TECHNICAL LEVELS

    WeeklyChart

    Bank Nifty

    Bank Nifty Futures shut stop at 10690.05 down by -98.60 points or -

    0.91 %. It is looking bearish in the coming trading session if it

    manages to trade below the support level of 10600 else above

    resistance level of 10815 it would be in an upward trend.

    TECHNICAL OVERVIEW TECHNICAL LEVELS

    Stock Of The WeekExpert

    ObservationExpert

    Observation

    INDIA INFOLINE LTD.

    INDIA INFOLINE LTD. 129.65 -36.21%INDIAINFO (NSE) `1.05 1026901 83.50 4.27`82.70

    Company Name 52 Week High % From HighSymbol Change Volume Day High EP SPrice

    Stock Analysis

    INDIA INFOLINE IS IN CONSOLIDATION PHASE FROM LONG TIME . .IF

    IT MANAGES TO SUSTAIN ABOVE 84. IT WILL TAKE UP MOVE .WE

    RECOMMEND TO BUY INDIA INFOLINE IN CASH ABOVE 84 TARGET

    87.50,92 WITH STOP 80.70 .

    Properties Values

    Support 1

    Support 2

    Resistance 1

    Resistance 2

    5440

    5320

    5520

    5630

    Properties Values

    Support 1

    Support 2

    Resistance 1

    Resistance 1

    10600

    10330

    10815

    10990

    TECHNICALS

    Indices INDIA INFOLINE

    Support

    Resistance

    80.70

    84.00

    ANALYST RECOMMEND

    BUYBUY

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    Week : June 13th to 17th June 2011 Week : June 13th to 17th June 2011

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    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 bookHow 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. Amodel 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.

    KEY STATISTICS

    CCurrent Quarter Earning per Share. The Higher The Better.

    Almost 51.16% decline in Q o Q Earnings.Primary Factors

    AAnnual Earnings Increases: Look for a significant growth.

    Annual Earnings showed an increment of 43.64% Y o Y.Primary Factors

    NNew Products, New Management, New Highs, Buying at Right Time.

    INDIA INFOLINE LTD. is set to have a breakout as it is being consolidating withpositive biasness from last many trading sessions.

    Primary Factors

    SSupply and Demand: Shares Outstanding Plus Big Volume Demand.

    INDIA INFOLINE LTD. is a mid cap stock consisting of Rs. 2365.33 crores SharesOutstanding (Total Public Shareholding).

    Primary Factors

    L

    Leader or Laggard: Which is your stock?

    INDIA INFOLINE LTD. is a leading stock with a relative strength above53.13% in Weekly and 64.50% in Daily.

    Primary Factors

    IInstitutional Sponsorship: Follow the Leaders.

    Approximately 36.94% of Shares are held by the Institutional Investors (FIIs,Mutual Funds etc.)

    Primary Factors

    Market Direction

    If Market continues to remain in a secular uptrend, hence overall conditions areappropriate to initiate long position in the stock: A Big plus for the Stock.

    Primary Factors

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    for any loss incurred based upon it & take no responsibilitywhatsoever for any financial profits or loss which may arise from the recommendations above.

    The stock price projections shown are not necessarily indicative of future price performance. The information herein, together with all estimates and forecasts, can change without

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