Daily Market Insights

Transcription

1 Daily Market Insights Market Snippet S`4321 Benchmark indices climbed to new life time high as market reacted positively on the macro economic data of Inflation and IIP which was released on Friday. Ease in April CPI inflation to 2.99% and prospects of improving economic fundamentals led the market to continue its growth trajectory.global markets cues were also than supportive for the market. Nifty ended the day at Metal and Pharma were the major gainers of the day while IT stocks were the losers for the day. Global Markets Update Major U.S. multinationals are pushing the Trump administration to deepen the tax break it has already tentatively proposed on $2.6 trillion in corporate profits being held offshore, a key piece in Washington's intricate tax reform puzzle. Nifty Indian Markets 16 th May 2017 INDEX VALUE CHANGE %CHANGE NIFTY % SENSEX % NIFTYBANK % INDIA VIX % Japanese stocks edged down on Monday, pressured by a stronger yen, a widespread cyber attack and North Korea's missile test over the weekend. INDEX ADVANCE DECLINE UNCHANGED NSE INDEX ADVANCE DECLINE UNCHANGED BSE Gainers 213 LARGECAP %CHANGE MIDCAP %CHANGE TATASTEEL +4.43% PEL % HINDALCO +3.87% MFSL +4.76% DRREDDY +3.68% HDIL +4.14% BOSCH +3.02% JUBLFOOD +3.96% LUPIN +2.44% NCC +3.78% Losers LARGECAP %CHANGE MID CAP %CHANGE AUROPHARMA -1.56% GLENMARK -5.83% INFY -1.32% RCOM -1.39% INFRATEL -0.97% MARICO -1.18% EICHER -0.85% GPPL -1.03% YESBANK -0.75% RAMCOCEM -0.83% International Markets INDEX VALUE CHANGE %CHANGE DOW % NASDAQ % FTSE % SHANGHAI % NIKKEI % Intraday super stars OUR PREVIOUS CALLS UPDATE Date Stocks Entry Exit P/L 15/05 HDIL(L) /05 CANBK(S) Multibagger Date Stock Entry Exit P/L 15/05 HINDPETRO(L) UNEX Trifid special Date Stock Entry Exit P/L 15/05 PCJEWELLER(L) UNEX For our next calls click here.

2 Stock Snippets Vedanta has turned profitable in January-March quarter and overall earnings beat analysts' expectations. The company has posted consolidated profit at Rs 2,988 crore for the quarter against loss of Rs 21,103 crore in corresponding quarter of last fiscal. Colgate-Palmolive India today reported a marginal decline in net profit at Rs crore against a net profit of Rs crore during the same period last year. Net sales of the company rose 2.57 per cent to Rs 1, crore during the quarter under review as against Rs 1, crore. L&T got a contract with India Ministry of deface upply of 100 units of 155mm/ 52 calibre Tracked Self-Propelled Gun systems to the Indian Army. - Contract is 45 billion. Café Coffee days is subsidiary of Sical logistic want to acquire of majority equity stake in a company in the express logistics business, The revenue of express logistic is 400 million. The Board member of Sical logistic given approval for acquires this in its Board meeting. Kotak Mahindra Bank gave approval for appoint qualified institutional placements (QIP) to raise the capital of about Rs 5600 Cr they issue at a price per share of Rs Global Markets U.S. stock futures pointed to small gains for the major indices on Monday as oil prices rallied after Saudi Arabia and Russia proposed extending a deal to cut oil production. Resilient Asian stocks edged up to a two-year high on Monday, shaking off threats from by a ransomware attack that locked some 200,000 computers in more than 150 countries at the weekend, a missile test by North Korea, and weak U.S. data. Indonesia stocks were higher, as gains in the Financials, Consumer Industry and Manufacturing sectors led shares higher. Sri Lanka stocks were lower as losses in the IT, Power & Energy and Telecoms sectors led shares lower. DATE: 15/05/17 FII/DII CASH MTD YTD FII DII Sectoral gainers and losers SECTOR %CHANGE IN MARKETCAP ADV. DEC. Conglomerates 1.72% 13 4 Consumer Durables 1.64% 7 5 Metals & Mining 1.63% Chemicals 1.37% Tobacco 1.10% 5 0 Cement & Construction 1.09% Pharmaceuticals 1.07% Media & Entertainment 0.88% Services 0.86% Manufacturing 0.83% Banking & Financial Services 0.79% Retail & Real Estate 0.74% Automotive 0.65% Engineering & Capital Goods 0.60% Oil & Gas 0.53% 19 3 Miscellaneous 0.51% Utilities 0.48% 14 7 Consumer Nondurables 0.15% Information Technology -0.17% Food & Beverages -0.31% Telecommunication -0.88% Stocks breakout on moving average STOCKS PRICE 30DMA NDTV ASTRAZEN DRREDDY MANAPPURAM HINDCOPPER

3 Intraday super star calls (Premium Section) HDFCBANK EQ had been facing resistance since last three sessions and closed around it. The stock is expected to surpass the given level and lead higher. BUY ABOVE 1560 TARGETS / / SL HDIL EQ carried the positive move of the previous session and closed around the immediate resistance on daily chart. If it surpasses the given mark then it may reach next resistance. BUY ABOVE TARGETS /101.90/ SL

4 F&O Multibagger call (Premium Section) HINDPETRO FUTURE is expected to surpass the above trend line of the pattern so shown on the daily chart above and hence up move is expected. BUY ABOVE 540 TARGETS / SL

5 Trifid Special call (Premium Section) SINTEX EQ had been hovering around the key resistance on daily chart and if the stock holds above the given level then it may head higher. BUY ABOVE TARGETS 120 SL

6 Major Indices Movement Nifty Technicals Nifty opened bullish and consolidated on intraday chart near the life time high 9464 with bullish biasness and ended the session to close at The next key support and resistance for the market is at 9400 and Bank Nifty Technicals Bank nifty traded strong in comparison to nifty and ended the session to close at The next key support and resistance for the banking index is at and Index 12-May May-17 Change in OI %Chg NIFTY SCRIPS IN F&O BAN FOR TRADE CANBK, CEATLTD, IBREALEST, IFCI, JISLJALEQS, JSWENERGY, KTKBANK, ORIENTBANK, SYNDIBANK, UJJIVAN.

7 Up s and Down s Stocks at 52 Week High Stocks New 52 W/H Previous High AARTIIND CESC CGPOWER COX&KINGS BRITANNIA Stocks at 52 Week Low Stocks New 52 W/L Previous Low INOXWIND CLNINDIA FLEXITUFF SCHAND SHILPI Stocks Approaching 52 Week High Stocks LTP 52W High SINTEX NUCLEUS SBIN BAJFINANCE HDFCBANK Stocks rising continuously 2-3 days Stocks LTP BHARATFIN 812. VEDL TECHM DLF Stocks Approaching 52 Week Low Stocks LTP 52W Low TATAMOTORS ABB DIVISLAB LUPIN COALINDIA Stocks falling continuously 2-3 days Stocks LTP PNB RPOWER VOLTAS ARVIND Event Calendar(15 th MAY to 20 th MAY 17) 15/05/17 (Mon) 16/05/17 (Tues) 17/05/17 (Wed) 18/05/17 (Thur) 19/05/17 (Fri) 20/05/17 (Sat) WPI INFLATION (YOY) 12:00 NOON BATAINDIA, JKTYRE, MRPL, VEDL, COLPAL CARE, GRASIM, JKPAPER, PNB, TATASTEEL, WHIRLPOOL ALBK, BAJFINANCE, EDELWEISS, JSWSTEEL, NIIT, SNOWMAN ABIRLANUVO, BAJAJ-AUTO, CESC, CUMMINS, TAKE, TATACOFFEE, VIPIND IFCI, MOTHERSUMI, TATAPOWER, TWL, VRLLOG -

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