weekly call june 30

7/28/2019 Weekly Call june 30

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ICICI Securities Ltd.|Retail Equity Research

Weekly Calls

Weekly PicksExhibit 1:KPIT Cummins Weekly Candlestick Chart

Source: Spider software, ICICIdirect.com Research

June 24, 2013

KPIT Cummins

Code: KPICUM

CMP: 121.40

Comment: Trading above the Red falling

channel.

Action: Buy in the range of 118-116

Reco. Date: June 24 , 2013

Stop-loss: 112.30

Targets: 129 / higher


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ICICI Securities Ltd.|Retail Equity Research Page 2

Exhibit 2:Coal India Weekly Candlestick Chart

Source: Spider software, ICICIdirect.com Research

Coal India

Code: COAIND

CMP: 298.60

Comment: Testing previous support levels.

Action: Buy above 300

Reco. Date: June 24, 2013

Stop-loss: 291.00

Targets: 321/ higher


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Trend Scanner

Positive Trends

Scrip Name Close 50 days EMA 20-day EMA 5-day EMA

EICHERMOT 3561.7 2726 3122 3506

Negative Trends

Scrip Name Close 50 days EMA 20-day EMA 5-day EMA

ADVANTA 725 792 845 772

Note: Positive / Negative Trend stocks are scanned on the basis of mechanical signal.

Stocks which are trading above their 50 day EMA (Exponential moving average) and

where 50 day EMA is rising for at least three sessions are considered in positive trend

and further filtered for a momentum signal of a cross over between 5 and 20 period

moving average. Opposite is true for Negative trending stocks.

Weekly Candlestick Patterns

Bullish Reversal Pattern Bearish Reversal Pattern

Scrip Name Close Scrip Name Close

Bulliish Engulfing Bearish Engulfing

ABIRLANUVO 1084.15 GSKCONS 4923.85

ALSTOMT&D 171.55

SCI 39

Piercing Line Dark Cloud Cover

GMDCLTD 133.15 NA

Hammer Shooting Star

CMC 1244.1 NA

ONGC 307.75

Morning Star Evening Star

INDHOTEL 51.65 NA

Note: For Candlestick pattern description please refer to page 08

of the report.


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Market Activity

Nifty Gainers / Losers for the week (%)

-13.3

-10.0

-9.3

4.7

3.7

2.7

1.3

1.2

-15.9

-8.6

-20.0 -10.0 0.0 10.0

CAIRN

HEROMOTOCO

MARUTI

JINDALSTEL

AMBUJACEM

BANKBARODA

BAJAJ-AUTO

PNB

HINDALCO

JPASSOCIAT

Institutional Activity

FII DII

Previous Week -5170 3889

MTD -6059 -481

QTD 16867 -5411

YTD 62396 -13085*Previous week figure are povisional figure

*MTD- Month till date; QTD- Quarter till date

*YTD- Year till date

Sectoral Indices Performance

Performance in %

INDICES Current 1Wk 1M 3M 6M

Sensex 18774.24 -2.1 -4.7 -2.8 -2.1

Nifty 5667.65 -2.4 -4.8 -2.6 -2.6

Auto 10647.87 -0.5 -7.0 -2.7 -6.4

Banking 12967.26 -4.8 -6.3 -1.2 -5.2

Capital goods 9034.84 -3.0 -3.3 -6.3 -16.7

Cons durables 6524.48 -1.0 -17.2 -7.8 -19.0

FMCG 6486.8 -1.4 -3.7 12.2 9.3

Healthcare 8657.12 -0.7 -2.5 7.1 7.8

IT 6011.27 0.3 -1.6 -12.7 7.6

Metal 7604.88 -4.2 -8.9 -16.1 -25.0

Oil & gas 8349.92 -2.3 -3.5 -6.0 -0.6

Power 1590.38 -3.8 -7.7 -8.0 -17.3

Realty 1510.5 -5.7 -7.6 -24.5 -23.9

BSE 500 7036.48 -2.2 -5.1 -3.4 -5.3

BSE midcap 6037.6 -2.3 -5.2 -4.5 -12.2

BSE small cap 5717.3 -1.0 -6.6 -8.4 -22.2

Domestic Indices

Index Current Previous Change%

CNX Nifty 5667.65 5808.40 -2.42

S&P BSE Sensex 18774.24 19177.93 -2.10

Nifty Future 5661.85 5805.95 -2.48

S&P BSE 500 7036.48 7193.12 -2.18

S&P BSE Midcap 6037.60 6180.98 -2.32S&P BSE Small cap 5717.30 5772.45 -0.96

Global Indices Weekly Performance

-4.6%

China

UK

3,658.0

Germany7,789.2

-4.2%

France-3.9%

Brazil

6,116.2

US

Hong Kong-3.1%

4.3%Japan

13,230.1

-2.1%

20,263.3

47,056.0

-4.1%2,073.1

1,592.4

-3.4%

Commodities in US $

Close Prev. Close %Chg

Gold 1296.75 1390.20 -6.72

Copper 3.12 3 .12 0.00

Brent Crude 101.00 105.83 -4.56


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Strategy Follow up Previous Week

Date Scrip Product Strategy RP Target SL Gain/Loss % Comment

17-Jun IGL Cash Buy 276.00 298/+ 265.00 0.00 Closed at cost

17-Jun Larsen & Toubro Cash Buy 1405.00 1479/+ 1370.00 0.00 Not Initiated

17-Jun HCL Technology Cash Buy 756.00 799/+ 724.00 3.30 Gained from 757 to 782


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Forthcoming Economic Events Calendar

Date EventUS

24-Jun-13 Dallas Fed Manf. Activity

25-Jun-13 Durable Goods Orders

25-Jun-13 House Price Index MoM

25-Jun-13 New Home Sales MoM

26-Jun-13 Personal Consumption

26-Jun-13 GDP QoQ (Annualized)

27-Jun-13 Initial Jobless Claims

27-Jun-13 PCE Deflator (YoY)

27-Jun-13 Pending Home Sales YoY

28-Jun-13 Chicago Purchasing Manager

India

25-28 JUN Eight Infrastructure Industrie

26-Jun-13 Bloomberg June India Economic Survey

28-Jun-13 Current Account Balance

30-Jun-13 Fiscal Deficit INR Crore

China

27-Jun-13 Industrial Profits YTD YoY

28-Jun-13 MNI June Business Sentiment Indicator

28-30 JUN Leading Index

UK

21-Jun-13 Public Sector Net Borrowing

24-28 JUN Nat'wide House prices nsa(YoY)

27-Jun-13 Current Account (BP)

27-Jun-13 GDP (QoQ)

27-Jun-13 Total Business Investment(YoY)28-Jun-13 GfK Consumer Confidence Survey

28-Jun-13 Index of Services (3mth/3mth)


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NOTES :

The Buy over price is a key technical level which decides the trend for the week Please initiate the trade within 1% range of the recommended price Once the call is initiated, an appropriate Stop Loss trigger should be put for the trade Once into the position, put trailing stops to preserve your profits The strategies are valid for about a week beginning the date mentioned at the top Positions may be squared off by the end of the week. The writer may have position in the stocks discussed.

MOST IMP: The follow-up and performance review table of the strategies indicates the profit opportunity that was available in the strategies. Individual profits mayvary depending upon the entry and exit price and stop losses.


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weekly call june 30

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