money-trend--14-july-15-12-1407150925

Money Trend 14 July 2015

Aditya Birla Money Limited

Cello Triumph, Unit No. 502-503 & 505 | I. B. Patel Road | of f W.E. Highway | Goregaon (East) | Mumbai - 400063 | Tel: +91 22 61802800

Page No: 1

Daily Chart Synopsis

. Index opened with a flat bias, gathered support around

8355 & rebounded upto 8470, ending 1.2% positive for the

day.

Till Index holds 8410-8420, rebound upto 8530-8540 would

be witnessed.

At Higher levels around 8540, resistance would be

witnessed & selling pressure may re-emerge.

If we break & trade below 8410 would lead to a retest of

support zone of 8360-8330.

Close R1 R2 R3 S1 S2 S3

8459 8494 8534 8570 8409 8375 8330

Daily Chart Synopsis

Post opening and an initial upmove upto 18625-18670, Till

Index does not cross the resistance zone of 18680-18710,

support zone of 18100-18150 would be retested.

Only on a cross-over of 18710, it will witness short-

covering upto 18900-19000.

Break of 18100 would lead to a steep fall upto 17850-

17680.

Close R1 R2 R3 S1 S2 S3

18893 19,030 19,170 19,340 18,750 18,590 18,410

CNX Nifty CMP 8460

Bank Nifty Spot CMP 18893




Page No: 2

Scrip Name Close RB2 RB1 PP SB1 SB2 Scrip Name Close RB2 RB1 PP SB1 SB2

NIFTY 8459 8589 8500 8428 8357 8268 CANBK 298 306 300 296 292 287

BANKNIFTY 18893 19202 18994 18826 18658 18450 CENTURYTEX 722 744 729 717 705 690

CNXIT 10998 11186 11055 10950 10844 10713 CESC 557 576 566 558 549 539

ABAN 277 291 284 279 274 268 CHAMBLFERT 59 61 59 59 58 57

ABB 1393 1423 1405 1389 1374 1355 CHENNPETRO 181 188 184 181 178 174

ABGSHIP 182 190 185 181 177 172 CIPLA 661 677 667 659 651 641

ABIRLANUVO 1921 1997 1949 1911 1872 1824 COALINDIA 420 428 423 419 416 411

ACC 1475 1504 1489 1476 1463 1448 COLPAL 2008 2045 2025 2008 1992 1971

ADANIENT 91 93 92 90 89 87 CONCOR 1724 1765 1743 1725 1707 1685

ADANIPOWER 29 29 29 29 28 28 CROMPGREAV 190 198 194 190 186 181

ALBK 93 95 94 92 91 89 CUMMINSIND 965 996 977 962 947 928

AMBUJACEM 248 256 250 246 241 235 DABUR 286 294 289 285 281 276

ANDHRABANK 72 74 73 72 70 69 DENABANK 44 45 45 44 44 44

AIL 770 785 777 770 764 756 DISHTV 109 115 111 108 104 100

APOLLOTYRE 183 192 186 181 175 169 DIVISLAB 1882 1917 1895 1878 1861 1839

ALSTOMT&D 595 607 601 596 591 585 DLF 115 118 117 115 114 112

ASHOKLEY 73 75 74 72 71 70 DRREDDY 3758 3873 3805 3750 3695 3627

ASIANPAINT 818 839 825 814 803 789 ESSAROIL 197 209 202 196 190 183

AUROPHARMA 1494 1548 1511 1481 1451 1414 EXIDEIND 154 157 155 154 152 150

AXISBANK 582 597 587 579 570 560 FEDERALBNK 78 82 79 78 76 74

BAJAJ-AUTO 2497 2576 2524 2481 2439 2387 FINANTECH 156 163 159 157 154 151

BALRAMCHIN 44 46 45 44 43 42 FORTIS 181 194 186 179 172 164

BANKBARODA 156 160 158 156 155 153 GAIL 373 387 377 370 362 352

BANKINDIA 183 188 185 182 180 176 GESHIP 348 359 353 347 342 336

BEL 3450 3507 3473 3446 3418 3384 GLAXO 3410 3476 3439 3409 3380 3343

BGRENERGY 125 130 127 125 122 120 GMDCLTD 94 99 96 94 92 90

BHARATFORG 1124 1191 1143 1105 1067 1020 GMRINFRA 15 15 15 15 14 14

BHARTIARTL 424 434 428 423 419 413 GODREJIND 377 388 380 375 369 362

BHEL 269 276 272 268 265 261 GRASIM 3632 3728 3669 3621 3573 3514

BHUSANSTL 68 75 72 69 67 63 GSPL 126 132 128 125 122 118

BIOCON 471 482 475 470 465 459 HAVELLS 298 303 300 297 295 292

BOSCHLTD 23497 24266 23756 23343 22930 22420 HCLTECH 961 992 970 953 935 914

BPCL 909 948 922 901 880 854 HDFC 1324 1373 1339 1311 1283 1249

BRFL 138 145 141 138 136 132 HDFCBANK 1096 1125 1109 1096 1083 1067

CAIRN 172 179 175 172 168 164 HDIL 91 96 93 90 88 85

PP= Pivot Point RB1= Fibonacci Resistance 1 RB2=Fibonacci resistance 2 SB1= Fibonacci support 1 SB2= Fibonacci support 2

How to trade Pivot points: If stock opens above Pivot point then go LONG, and keep SB1 as the stop loss for a possible target of RB1 / RB2.

If stock opens below Pivot point then go SHORT and keep RB1 as the stop loss for a possible target of SB1 / SB2

PIVOT POINTS Cash levels




Page No: 3


HEROMOTOCO 2600 2668 2623 2586 2550 2505 M&M 1268 1293 1276 1264 1251 1235

HEXAWARE 265 278 269 261 254 244 MARUTI 4035 4143 4067 4005 3943 3867

HINDALCO 107 112 108 105 102 99 MCDOWELL-N 3473 3540 3504 3475 3446 3410

HINDPETRO 821 843 828 817 805 791 MCLEODRUSS 228 236 232 228 225 221

HINDUNILVR 911 938 920 905 890 872 MPHASIS 403 413 408 403 399 394

HINDZINC 160 163 161 159 157 155 MRPL 74 77 76 75 74 72

IBREALEST 57 59 58 56 55 53 ADANIPORTS 321 331 324 319 314 307

ICICIBANK 316 322 318 315 313 309 NCC 81 83 82 80 79 78

M&MFIN 278 288 282 277 272 266 NATIONALUM 39 40 39 39 38 38

IDBI 66 69 67 66 64 63 NEYVELILIG 83 85 84 83 82 81

IDEA 175 179 177 175 174 172 NTPC 133 138 135 132 129 126

IDFC 156 160 158 155 153 150 OFSS 3846 3957 3888 3832 3776 3706

IFCI 28 29 28 27 27 26 ONGC 291 303 296 291 286 280

INDHOTEL 95 98 96 95 93 91 ONMOBILE 105 115 108 102 97 89

INDIACEM 94 98 96 94 93 91 ORIENTBANK 186 192 189 186 183 179

INDIANB 137 141 139 138 136 134 PETRONET 190 195 192 190 188 185

INDUSINDBK 924 961 936 916 895 870 PFC 262 267 264 261 259 255

INFY 950 975 959 946 933 917 PEL 954 986 968 953 938 919

IOB 39 39 39 39 38 38 PNB 145 150 148 146 143 141

IOC 425 438 431 425 419 412 POLARIS 167 172 169 166 164 161

ITC 315 324 318 313 309 303 POWERGRID 140 144 141 139 137 135

JETAIRWAYS 339 361 348 337 326 313 PTC 73 76 74 72 70 68

JINDALSAW 68 72 70 68 66 64 RCOM 67 70 68 67 66 65

JINDALSTEL 84 90 87 85 82 80 RECLTD 287 291 289 286 284 281

JISLJALEQS 73 76 74 73 72 70 RELCAPITAL 373 384 377 371 366 359

JSWSTEEL 835 860 844 832 819 803 RELIANCE 1007 1029 1016 1005 994 981

KOTAKBANK 715 732 721 712 703 691 RELINFRA 414 434 422 413 403 391

KTKBANK 153 160 155 152 148 143 ROLTA 100 102 101 100 100 99

LICHSGFIN 463 480 469 461 452 441 SAIL 58 62 60 58 57 55

L&TFH 71 73 72 71 70 69 SBIN 274 281 276 272 268 263

LT 1858 1910 1883 1861 1838 1811 SIEMENS 1462 1504 1479 1459 1439 1413

LUPIN 1889 1924 1902 1883 1865 1842 SINTEX 102 107 104 102 100 97







Page No: 4


SOBHA 364 381 372 365 359 350 UCOBANK 54 55 55 54 54 53

SRTRANSFIN 925 983 956 935 913 886 UNIONBANK 171 178 174 170 167 162

SUNPHARMA 916 941 927 916 906 892 UPL 521 539 528 519 510 499

SUNTV 278 293 285 279 273 265 UNITECH 8 8 8 8 8 7

SYNDIBANK 105 108 106 105 104 102 VIDEOIND 157 162 158 156 153 150

TATACHEM 444 456 448 441 434 426 VIJAYABANK 41 42 41 41 41 40

TATACOMM 464 481 471 463 455 444 VOLTAS 310 324 316 310 304 296

TATAGLOBAL 137 141 138 136 134 131 WELCORP 130 139 133 128 123 117

TATAMOTORS 402 415 408 402 396 389 WIPRO 560 575 565 557 549 539

TATAPOWER 73 74 73 72 71 70 YESBANK 815 852 827 808 788 763

TATASTEEL 284 292 287 283 279 274 ZEEL 374 398 383 371 359 344

TCS 2510 2561 2528 2501 2474 2441

TECHM 476 484 479 474 470 464

TITAN 357 364 360 356 352 348







Page No: 5

Research Team

Vivek Mahajan Hemant Thukral

Head of Research Head Derivatives Desk

022-61802820 022-61802870

[email protected] [email protected]

Fundamental Team

Sunny Agrawal FMCG/Cement/Mid Caps 022-61802831 [email protected]

Shreyans Mehta Construction/Real Estate 022-61802829 [email protected]

Pradeep Parkar Database Analyst 022-61802839 [email protected]

Quantitative Team

Sudeep Shah Sr. Technical Analyst 022-61802837 [email protected]

Rahil Vora Technical Analyst 022-61802834 [email protected]

Soni Patnaik Derivative Analyst 022-61802832 [email protected]

Advisory Support

Suresh Gardas Advisory Desk 022-61802835 [email protected]

Mohan Jaiswal Executive Research Support 022-61802838 [email protected]

ABML research is also accessible in Bloomberg at ABMR




Page No: 6

Disclaimer:

This document is not for public distribution and is meant solely for the personal information of the authorised recipient. No part of the information must be altered, transmitted, copied, distributed or reproduced in any form to any other person.Persons into whose possession this document may come are required to observe these restrictions. This document is for general information purposes only and does not constitute an investment advice or an offer to sell or solicitation of an offer to buy / sell any security and is not intended for distribution in countries where distribution of such material is subject to any licensing, registration or other legal requirements. The information , opinion, views contained in this document are as per prevailing conditions and are of the date of appearing on this material only and are subject to change. No reliance may be placed for any purpose whatsoever on the information contained in this document or on its completeness. Neither Aditya Birla Money Limited (ABML) nor any person connected with it accepts any liability or loss arising from the use of this document. The views and opinions expressed herein by the author in the document are his own and do not reflect the views of Aditya Birla Money Limited or any of its associate or group companies. The information set out herein may be subject to updating, completion, revision, verification and amendment and such information may change materially. Past performance is no guarantee and does not indicate or guide to future performance. Nothing in this document is intended to constitute legal, tax or investment advice, or an opinion regarding the appropriateness of any investment, or a solicitation of any type. The contents in this document are intended for general information purposes only. This document or information mentioned therefore should not form the basis of and should not be relied upon in connection with making any investment. The investment may not be suited to all the categories of investors. The recipients should therefore obtain your own professional, legal, tax and financial advice and assessment of their risk profile and financial condition before considering any decision. Aditya Birla Money Limited, its associate and group companies, its directors, associates, employees from time to time may have various interests/ positions in any of the securities of the Company(ies) mentioned therein or be engaged in any other transactions involving such securities or otherwise in other securities of the companies / organisation mentioned in the document or may have other potential conflict of interest with respect of any recommendation and / related information and opinions.

money-trend--14-july-15-12-1407150925

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