Daily Market Insights

Transcription

1 Daily Market Insights 24 th January 2018 Market Snippet H61590 S`4321 Benchmark indice breached the mark following a report of International Monetary Fund stating that India is set to regain the title of world s fastest growing major economy in IMF revised up its forecast for world economic growth and said that it expected a strong Indian economy to offset decelerating growth in China. than Nifty ended at Metal stocks were the gainers while Media stocks were the losers of the day. Nifty Global Markets Update Global stock markets rallied to fresh all-time highs, as sentiment was boosted after U.S. lawmakers reached a deal to end a government shutdown. European markets posted solid gains following news that lawmakers had secured a deal to allow U.S. government operations to get back into action. INDEX ADVANCE DECLINE UNCHANGED NSE INDEX ADVANCE DECLINE UNCHANGED BSE Gainers LARGECAP %CHANGE MIDCAP %CHANGE VEDL +5.21% JINDALSTEL % GAIL +4.50% BIOCON +6.60% SBIN +3.93% HAVELLS +5.70% HINDALCO +3.88% JSWSTEEL +5.53% TATASTEEL +3.73% SAIL +4.76% Losers LARGECAP %CHANGE MID CAP %CHANGE EICHERMOT -2.26% GESHIP -4.59% AMBUJACEM -2.18% DHFL -2.73% ZEEL -1.93% APOLLOHOSP -1.91% WIPRO -1.60% GODREJIND -1.80% INFRATEL -1.37% HINDPETRO -1.47% Indian Markets INDEX VALUE CHANGE %CHANGE NIFTY % SENSEX % NIFTYBANK % INDIA VIX % International Markets INDEX VALUE CHANGE %CHANGE DOW % NASDAQ % FTSE % SHANGHAI % NIKKEI % Intraday super stars OUR PREVIOUS CALLS UPDATE Date Stocks Entry Exit P/L 23/01 JETAIRWAYS (S) 777 UNEX - 23/01 STAR (S) UNEX - Multibagger Date Stock Entry Exit P/L 23/01 WOCKPHARMA(L) Trifid special Date Stock Entry Exit P/L 15/01 ICICIBANK(L) For our next calls click here.

2 Stock Snippets Shares of Asian Paints tanks as investors could have reacted negatively to the company s revenue figures. The company reported a percent increase in its consolidated net profit at Rs crore for the quarter ended December 31, The company had posted a net profit of Rs crore during the same period of the previous fiscal. Total income during the quarter under review stood at Rs 4, crore as against Rs 4, crore in the October-December period last fiscal. Havells India gains on robust third quarter numbers. The company's standalone December quarter net profit was up 27 percent at Rs crore against Rs 153 crore in same quarter last year. The revenue was up 30.5 percent at Rs 1,965.8 crore against Rs 1,506 crore. - Earnings before interest, taxes, depreciation and amortization (EBITDA) rose 37.4 percent at Rs crore and EBITDA margin was up at 13.3 percent. Shares of Jet Airways India are set to gain after the airline offered discounted fares for travel on domestic and international flights till Monday. The company will give up to 10% and 20% discount on economy and premiere fares respectively, only for domestic routes and valid for travel from Feb 1. For international routes, the discount is up to 30% and is valid for immediate travel. Global Markets Asian stocks advanced after U.S. senators struck a deal to end a government shutdown in a boost to Wall Street, while the dollar turned higher against the yen after Bank Of Japan's chief reiterated his support for quantitative easing. Japan's Nikkei 225 rose 1.29 percent, or points, to close at 24,124.15, after touching its highest levels in more than 26 years earlier in the day.automakers recorded gains in the session: Toyota closed up 0.79 percent, Honda jumped 1.81 percent and Mitsubishi Motors tacked on 2.39 percent. Technology names were also mostly higher, with SoftBank Group advancing 2.02 percent and Sony rising 2.87 percent. DATE: 23/01/18 FII/DII CASH MTD YTD FII DII Sectoral gainers and losers SECTOR %CHANGE IN ADV DEC MARKETCAP Metals & Mining 3.14% Pharmaceuticals 2.64% Oil & Gas 1.64% 13 9 Tobacco 1.09% 3 1 Banking & Financial Services 1.03% Information Technology 0.68% Engineering & Capital Goods 0.66% Retail & Real Estate 0.58% Consumer Nondurables 0.23% Automotive 0.20% Utilities 0.20% Media & Entertainment 0.16% Telecommunication 0.12% Services -0.02% Food & Beverages -0.07% Manufacturing -0.09% Cement & Construction -0.10% Chemicals -0.42% Conglomerates -0.59% Miscellaneous -0.61% Consumer Durables -0.70% 4 8 Stocks breakout on moving average STOCKS PRICE 30DMA VENKYS DLF CIPLA SBIN

3 Intraday super star calls (Premium Section) HEXAWARE EQ towards the all time highs as seen on daily chart and the consolidation is expected to give positive breakout. BUY ABOVE TARGETS /374.20/378 SL TVSMOTOR EQ is following its bear trend and dropped towards the key support on daily charts. If it breaches this mark then sell offs are expected. SELL BELOW 704 TARGETS 697/690 SL 711.

4 F&O Multibagger call (Premium Section) LUPIN FUTURE is consolidating near its immediate resistance if able to break this resistance in coming session then positive strength is expected in it. BUY ABOVE TARGETS / SL

5 Trifid Special call (Premium Section) MANAPPURAM EQ is expected to surpass the down sloping trend line so shown above and may give the positive breakout above it. BUY ABOVE TARGET SL

6 Major Indices Movement Nifty Technical s Nifty opened gaped up and continued its northwards movment to score new high breaching the psychological mark of to end at The next key support and resistance for the index is at and Bank Nifty Technicals Bank Nifty traded in line with nifty 50 scaling to new life time high and ended at new closing high at The next key support and resistance for the banking index is at and Index 22-January January-18 Change in OI %Chg NIFTY SCRIPS IN F&O BAN FOR TRADE DHFL, HDIL, IFCI, JETAIRWAYS, JINDALSTEL, JPASSOCIAT, KSCL, RCOM.

7 Up s and Down s Stocks at 52 Week High Stocks New 52 W/H Previous High ACE AXISBANK BIOCON DCAL DELTACORP Stocks Approaching 52 Week High Stocks LTP 52W High ADANIPORTS HEXAWARE ESCORTS TATASTEEL DABUR Stocks at 52 Week Low Stocks New 52 W/L Previous Low BRFL CLEDUCATE DALMIASUG SANGAMIND SEQUENT Stocks Approaching 52 Week Low Stocks LTP 52W Low DYNAMATECH MCX DBCORP POWERGRID BSE Stocks rising continuously 2-3 days Stocks LTP HCLTECH TCS KOTAKBANK IBULHSGFIN Stocks falling continuously 2-3 days Stocks LTP POWERGRID DISHTV HINDZINC GLENMARK Event Calendar(22 nd JANUARY to 27 th JANUARY 18) 22/01/18 (Mon) 23/01/18 (Tues) 24/01/18 (Wed) 25/01/18 (Thur) 26/01/18 (Fri) 27/01/18 (Sat) RESULTS ASIANPAINT, DHFL, GNFC, JUSTDIAL, RALLIS, VAKRANGEE, VIDEOIND. RESULTS CANFINHOME, EDELWEISS, IBULHSGFIN, IBREALEST, NIIT, RBLBANK, WABCO. RESULTS BIOCON, CANBK, JINDALSAW, KEI, KPIT, LT, M&MFIN, RADICO. RESULTS AJANTPHARM, DREDDY, JINDALSTEL, L&TFH, LICHSGFIN, NILKAMAL, UPL, TATACOFFEE, VIPIND. - RESULTS DIVISLAB

8 DISCLAIMER Trifid Research respects and values the Right to Policy of each and every individual. We are esteemed by the relationship and by becoming our clients; you have a promise from our side that we shall remain loyal to all our clients and non-clients whose information resides with us. This Privacy Policy of Trifid Research applies to the current clients as well as former clients. Below are the word by word credentials of our Privacy Policy: 1. Your information, whether public or private, will not be sold, rented, exchanged, transferred or given to any company or individual for any reason without your consent. 2. The only use we will be bringing to your information will be for providing the services to you for which you have subscribed to us. 3. Your information given to us represents your identity with us. If any changes are brought in any of the fields of which you have provided us the information, you shall bring it to our notice by either calling us or dropping a mail to us. 4. In addition to the service provided to you, your information (mobile number, ID etc.) can be brought in use for sending you newsletters, surveys, contest information, or information about any new services of the company which will be for your benefit and while subscribing for our services, you agree that Trifid Research has the right to do so. 5. By subscribing to our services, you consent to our Privacy Policy and Terms of Use. 6. Trifid research does not guarantee or is responsible in any which way, for the trade execution of our recommendations, this is the sole responsibility of the client. 7. Due to the market s volatile nature, the trader may/ may not get appropriate opportunity to execute the trades at the mentioned prices and Trifid Research hold s no liability for any profit/ loss incurred whatsoever in this case. 8. It is the responsibility of the client to view the report timely from our Premium member section on our website: and the same will also be mailed to this registered id. 9. Trifid research does not hold any liability or responsibility of delay in mail delivery of reports, as this depends on our mail service provider s network infrastructure. 10. The clients can call us for any query related to buying/selling the securities, based on our recommendations.