Daily Market Insights

Transcription

1 Daily Market Insights 5 th March 2018 Market Snippet H61590 S`4321 Markets traded lower amid weak global cues despite better than expected GDP data; India s economic growth recovered to a five quarter high of 7.2% during October December, backed by strong manufacturing and investment activity. Nifty closed the last trading session of the week at Pharma stocks were the major gainers than of the day while PSU bank shares and Realty shares were the losers of the day. Nifty Global Markets Update Hyundai Motor Co. warned it may rethink how many vehicles it builds in the US, joining the world s largest automakers in speaking out against US President Donald Trump s crackdown on steel and aluminum imports. Canada stocks were lower after the close on Friday, as losses in the Healthcare, Energy and Industrials sectors led shares lower.at the close in Toronto, the S&P/TSX Composite declined 0.01%. INDEX ADVANCE DECLINE UNCHANGED NSE INDEX ADVANCE DECLINE UNCHANGED BSE Gainers LARGECAP %CHANGE MIDCAP %CHANGE BPCL +3.08% IDBI +7.78% COALINDIA +1.41% IPCALABS +1.98% AUROPHARMA +1.40% NHPC +1.83% INDUSINDBK +1.15% VOLTAS +1.58% BAJFINANCE +1.11% MARICO +1.30% Losers LARGECAP %CHANGE MID CAP %CHANGE ICICIBANK -2.83% VAKRANGEE -4.98% VEDL -2.20% RAJESHEXPO -4.88% ZEEL -2.18% HDIL -3.71% SBIN -2.16% HINDZINC -3.32% HINDALCO -2.04% APOLLOTYRE -3.22% 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 01/03 POWERGRID(L) /03 ACC(S) 1611 UNEX - Multibagger Date Stock Entry Exit P/L 01/03 ESCORTS(L) Trifid special Date Stock Entry Exit P/L 16/02 EICHERMOT(L) UNEX For our next calls click here.

2 Stock Snippets Fortis Healthcare reported a consolidated net loss of crore for the quarter ended December 2017 against a profit of crore in the year ago period. NCC received seven new orders totalling Rs 2,980 crore in February 2018, with the company order book going up significantly during the current financial year. With the latest orders, the company s total order book has gone up to Rs 31,627 crore. Larsen & Toubro s construction arm has won orders worth Rs 1,593 crore across business segments.l&t said water and effluent treatment business has bagged an order worth Rs 1,058 crore. - State-owned Oil and Natural Gas Corp (ONGC) has sought shareholder approval for its decision to buy government s per cent stake in Hindustan Petroleum Corp Ltd (HPCL) for Rs 36,915 crore. Bajaj Auto reported a 31 per cent jump in total sales at 3, 57,883 units in February against 273,513 units in the same month last year. Overall domestic sales increased 35 per cent to 214,023 units against 159,109 units in February last year Global Markets Japanese stocks fell to a 2-1/2-week low on Friday, with steelmakers and automakers taking a battering after President Donald Trump said the United States would impose import tariffs on steel and aluminum, sending the short-sell ratio to a record high China stocks fell on Friday, as investors were cautious ahead of next week s National People s Congress (NPC) gathering in Beijing. Hong Kong stocks fell the most in three weeks on Friday, as concerns of a global trade war hit already shaky confidence due to prospects of a faster pace of U.S. monetary tightening. DATE: 01/03/18 FII/DII CASH MTD YTD FII DII Sectoral gainers and losers SECTOR %CHANGE IN ADV DEC MARKETCAP Consumer Durables 0.50% 8 4 Conglomerates 0.49% Consumer Nondurables 0.48% Cement & Construction 0.11% Food & Beverages -0.02% Oil & Gas -0.06% 7 14 Automotive -0.20% Utilities -0.21% 4 20 Engineering & Capital Goods -0.22% Information Technology -0.31% Manufacturing -0.32% Miscellaneous -0.37% Chemicals -0.39% Tobacco -0.39% 1 3 Telecommunication -0.43% 3 27 Banking & Financial Services -0.48% Pharmaceuticals -0.50% Services -0.77% Metals & Mining -1.00% Retail & Real Estate -1.01% Media & Entertainment -1.19% Stocks breakout on moving average STOCKS PRICE 30DMA ITI AUROPHARMA EICHERMOT JKPAPER

3 Intraday super star calls (Premium Section) INDUSINDBK EQ has sustained higher on charts forming higher highs and higher lows and closed near the resistance level.further a breakout is expected in the stock. BUY ABOVE TARGETS / / SL IOC EQ moved higher with sustainable buying volume on daily chart and closed near the drawn resistance level.the stock may give further higher moment. BUY ABOVE TARGETS /390.55/ SL

4 F&O Multibagger call (Premium Section) ADANIPORTS FUT witnessed sell off in last three trading sessions with increased sell side volume.the stock fut may breach the support so drawn in coming trade session. SELL BELOW 405 TARGETS / SL

5 Trifid Special call (Premium Section) CENTURYTEXT EQ showed buying and closed bullish near the immediate resistance level so shown in chart. The stock is expected to give breakout in coming trade session. BUY ABOVE TARGETS SL

6 Major Indices Movement Nifty Technical s Nifty traded lower for the third straight session and ended in red at The next key support and resistance for the market is at and respectively. Bank Nifty Technicals Nifty bank also traded in line with nifty 50 and formed bearish hammer candle formation on daily chart to end at The next key support and resistance for the banking inde is at and respectively. Index 28-February March-18 Change in OI % Change NIFTY % SCRIPS IN F&O BAN FOR TRADE FORTIS, HDIL, IDBI, ORIENTBANK

7 Up s and Down s Stocks at 52 Week High Stocks New 52 W/H Previous High ASHOKLEY CHOLAFIN FSL INFINITE VENKEYS Stocks Approaching 52 Week High Stocks LTP 52W High TECHM IDBI PFIZER POLARIS MINDTREE Stocks rising continuously 2-3 days Stocks LTP IDBI NIITECH EICHERMOT TATASTEEL Stocks at 52 Week Low Stocks New 52 W/L Previous Low BLUECOAST COSMOFILMS MAXINDIA PETRONENGG PFC Stocks Approaching 52 Week Low Stocks LTP 52W Low BOSCHLTD BSE BANKINDIA GESHIP PCB Stocks falling continuously 2-3 days Stocks LTP GITANJALI HDIL VEDL SAIL Event Calendar(05 th MARCH to 10 th MARCH 18) 05/03/18 (Mon) 06/03/18 (Tues) 07/03/18 (Wed) 08/03/18 (Thur) 09/03/18 (Fri) 10/03/18 (Sat) ECO DATA NIKKEI SERVICE PMI(FEB) RESULT REC RESULT AMBER ENTERPRIS

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