equity weekly report 6 07-2015
TRANSCRIPT
SYMBOL LAST
BAJAJ-AUTO 2588
HINDUNILVR 924.5
RELIANCE 1007.2
M%26M 1312.65
LT 1807.3
LUPIN 1900.95
ICICIBANK 314.55
HDFC 1316.05
COALINDIA 417.5
ULTRACEMCO 3064.65
SIEMENS 1428.35
MARUTI 3998.9
TATAPOWER 74.3
HDFCBANK 1074.25
AMBUJACEM 242.35
AXISBANK 585.95
DRREDDY 3587.75
SUNPHARMA 871
KOTAKBANK 1428.85
ITC 315.6
SBIN 269.4
BHARTIARTL 435.1
BHEL 259.1
DLF 116
BPCL 902.85
% CHANGEEMA-34
(5 DAYS)1.7 2367.04
4.12 873.69
0.65 946.3
0.66 1260.28
1.49 1721.53
3.22 1800.89
0.91 308.7
2.19 1252.83
1.48 399.39
5.14 2884.1
4.29 1356.21
-1.75 3863.34
0.61 74.09
1.07 1034.76
6.76 231.13
3.62 563.5
1.63 3470.71
0.44 882.86
3.52 1365.46
2.48 313.82
1.58 266.22
4.1 416.49
3.25 247
-3.33 117.69
4.73 841.21
SMA50
2263.59
860.37
914.82
1233.32
1672.6
1768.1
309.83
1230
386.9
2836.65
1342.36
3781.61
74.17
1017.23
231.01
558.75
3456.77
902.9
1356.34
317.65
268.9
408.05
241.96
119.69
812.42
RELINFRA 385.05
GAIL 385.25
ONGC 309.2
HCLTECH 964.9
ASIANPAINT 772.7
GRASIM 3506.75
NTPC 138.85
HEROMOTOCO 2576.65
ACC 1480.4
IDFC 150.45
CIPLA 631.55
TCS 2603.9
WIPRO 549.55
CAIRN 183.2
PNB 142.3
POWERGRID 141.5
TATASTEEL 301.2
INFY 990.3
TATAMOTORS 433.15
BANKBARODA 150.8
HINDALCO 110.6
JPASSOCIAT 11.1
JINDALSTEL 84.55
-0.44 389.9
-3.57 392
-1.28 313.01
0.8 936.86
2.99 753.8
3.23 3465.59
0.84 138.67
1.47 2538.53
4.19 1451.65
-1.47 152.19
1.98 627.74
0.43 2566.24
-1.63 555.24
0.58 188.52
4.71 142.23
1.73 142.24
0.85 314.76
-1.49 1002.78
-1.02 455.06
4.32 152.05
-5.47 121.16
-2.63 13.83
-6.57 104.26
400.73
385.45
314.92
933.05
756.51
3498.45
139.54
2510.43
1458.79
154.22
636.76
2552.45
548.84
193.57
146.29
142.23
331.46
996.13
473.99
156.31
126.66
15.78
116.61
The Indian benchmark indices ended higher in trades on Friday led by buying in banking and
capital goods stocks. The sentiment was lifted by reports suggesting a better
progress of the monsoon. The Sensex advanced 147 points to close at 28092
advanced 40 points to shut shop at 8485. Nifty is near its psychological level of 8500, thanks
to brisk buying seen in the stocks of banking and pharma sectors.
Market may remain sideways ahead of Greek referendum; expect rally to resume fr
Monday onwards, Nifty may hit 8500 in a matter of days
SUPPORT: 8450, 8400, 8350
Date: 06/07/15Call: LONGCMP: 8495Initiation Level: 8500Book Profit (Level 1): 8600Book Profit (Level 2): 8700Stop Loss: 8400
Conviction Level: moderate risk
Reasoning: FII AND DII BUYING, SIDEWAYS TRENDShort term Trend: DOWN
Medium Term Trend: downFor the long term Traders: sell of rise
For Aggressive Traders: SHORT ON HIGH LONG ON DEEPS
Support: 8100-8270
Resistance- 8600-8700
Duration: 4-5 Days
NIFTY FUTURE
Technical commentary
The Indian benchmark indices ended higher in trades on Friday led by buying in banking and
capital goods stocks. The sentiment was lifted by reports suggesting a better
progress of the monsoon. The Sensex advanced 147 points to close at 28092
advanced 40 points to shut shop at 8485. Nifty is near its psychological level of 8500, thanks
to brisk buying seen in the stocks of banking and pharma sectors.
Market may remain sideways ahead of Greek referendum; expect rally to resume fr
Monday onwards, Nifty may hit 8500 in a matter of days
8450, 8400, 8350 RESISTANCE: 8500, 8550, 8600
The Indian benchmark indices ended higher in trades on Friday led by buying in banking and
capital goods stocks. The sentiment was lifted by reports suggesting a better-than-expected
progress of the monsoon. The Sensex advanced 147 points to close at 28092 and the Nifty
advanced 40 points to shut shop at 8485. Nifty is near its psychological level of 8500, thanks
Market may remain sideways ahead of Greek referendum; expect rally to resume from
RESISTANCE: 8500, 8550, 8600
Date and Time
6/07/15
Call: LONG
CMP: 18750
Initiation Level: CMP
Book Profit (Level
1): 19000
Book Profit (Level
2): 19500
Stop Loss: 18300
Conviction Level:
moderate risk
Reasoning FLAG IN
WEEKLY CHART
Short term Trend:
down
Medium Term
Trend: down
For the Traders: sell
on rise buy on deeps
For Aggressive
Traders: sell on rise
Support: 18300-
18000
Duration: 4-5 Days
Banks were main part in last week’s bull run, and I think it will be same in upcoming week because bank
nifty is creating a flag
19000 that will be a psychological level for it, if with high volume bank nifty will break it than bank nifty will
touch 19500 that will be another resistance level, bank
volume will there than it will go up to 18000 that will another support for bank nifty.
BANK NIFTY FUTURE
Technical commentary
Banks were main part in last week’s bull run, and I think it will be same in upcoming week because bank
nifty is creating a flag pattern in weekly chart as we can see, bank nifty’s first resistance level will be at
19000 that will be a psychological level for it, if with high volume bank nifty will break it than bank nifty will
touch 19500 that will be another resistance level, bank nifty will take support from 18300 and if high selling
volume will there than it will go up to 18000 that will another support for bank nifty.
Banks were main part in last week’s bull run, and I think it will be same in upcoming week because bank
pattern in weekly chart as we can see, bank nifty’s first resistance level will be at
19000 that will be a psychological level for it, if with high volume bank nifty will break it than bank nifty will
nifty will take support from 18300 and if high selling
volume will there than it will go up to 18000 that will another support for bank nifty.
The information and views in this report, our website & be reliable, but we do not accept any responsibility (or liability) for errors of fact or opinion. Users have the right to choose the product/s that suits them the most. Sincere efforts have been made to present the right investment perspective. The information contained herein is based on analysis and up on sources that we consider reliable.
Entering our site means that you have read, understood and agreed to everything that is written and implied in this
disclaimer note. RESEARCH is published solely for informational purposes and must in no way be construed as investment
advice for a specific individual. The information and views in this website & all the
reliable, but we do not accept any responsibility (or liability) for errors of fact or opinion. Users have the right to choose the
product/s that suits them the most.
*Investment is subject to market
Sincere efforts have been made to present the right investmecontained herein is based on analysis and on sources that we consider reliable. We, however, do not vouch for the accuracy or the completeness thereof. This material is for personal information and we are not responsible for any loss incurred due toany financial profits or loss which may arise from the recommendations above.
DISCLAIMER
The information and views in this report, our website & all the service we provide are believed to be reliable, but we do not accept any responsibility (or liability) for errors of fact or opinion. Users have the right to choose the product/s that suits them the most. Sincere efforts have been
he right investment perspective. The information contained herein is based on analysis and up on sources that we consider reliable.
Entering our site means that you have read, understood and agreed to everything that is written and implied in this
mer note. RESEARCH is published solely for informational purposes and must in no way be construed as investment
advice for a specific individual. The information and views in this website & all the services we provide are believed to be
we do not accept any responsibility (or liability) for errors of fact or opinion. Users have the right to choose the
is subject to market risks.
Sincere efforts have been made to present the right investment perspective. The information contained herein is based on analysis and on sources that we consider reliable. We, however, do not vouch for the accuracy or the completeness thereof. This material is for personal information
any loss incurred due to it & take no responsibility whatsoever for any financial profits or loss which may arise from the recommendations above.
all the service we provide are believed to be reliable, but we do not accept any responsibility (or liability) for errors of fact or opinion. Users have the right to choose the product/s that suits them the most. Sincere efforts have been
he right investment perspective. The information contained herein is based on
Entering our site means that you have read, understood and agreed to everything that is written and implied in this
mer note. RESEARCH is published solely for informational purposes and must in no way be construed as investment
vide are believed to be
we do not accept any responsibility (or liability) for errors of fact or opinion. Users have the right to choose the
nt perspective. The information contained herein is based on analysis and on sources that we consider reliable. We, however, do not vouch for the accuracy or the completeness thereof. This material is for personal information
it & take no responsibility whatsoever for