Daily Market Insights

Transcription

1 Daily Market Insights 28 TH November 2018 es743 u Domestic key benchmark indices ended with modest gains backed by firmness in IT pivotals and index heavyweight Reliance Industries. Market participants were cautious ahead of the expiry of futures and options (F&O) contracts on Thursday and the release of India's gross domestic product data for the September quarter on Friday. The Nifty 50 than gained 57 points and settled the day at IT sector were the major gainer and Pharma sector were the major loser of the day. Global Markets European shares fell after a new threat by Washington to impose duties on more Chinese imports, whereas Thomas Cook shares fell 30 percent to a six-year low, putting the stock on track for its biggest one-day drop since end 2011, failed on a profit warning. Tele2 rallied for a second day, up 7.5 percent, following report that the European Commission was set to approve without conditions the sale of its Dutch business todeutsche Telekom. INDEX ADVANCE DECLINE UNCHANGED NSE INDEX ADVANCE DECLINE UNCHANGED Gainers BSE LARGECAP %CHANGE MIDCAP %CHANGE INFY +3.15% PNBHOUSING +6.44% BAJAJFINSV +3.00% VAKRANGEE +4.89% GAIL +2.71% BATAINDIA +3.38% TCS +2.65% BALKRISIND +2.65% BPCL +2.43% APOLLOTYRE +2.63% Losers LARGECAP %CHANGE MIDCAP %CHANGE HEROMOTOCO -3.84% SPARC -3.26% SUNPHARMA -3.81% PCJEWELLER -2.89% YESBANK -3.03% JINDALSTEL -2.81% BHARTIARTL -2.39% VOLTAS -2.49% WIPRO -1.93% UBL -2.05% Nifty Indian Markets INDEX VALUE CHANGE %CHANGE SENSEX % NIFTY % 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 27/11 BHARATFIN(L) /11 ADANIPORT(L) Multibagger Date Stock Entry Exit P/L 27/11 CANBK(L) Trifid special Date Stock Entry Exit P/L 21/11 DLF(L) For our next calls click here.

2 Stock Snippets Sun Pharma acquired 100% stake in Japan based-pola Pharma for $1mn, giving it commercial presence in Japan s dermatology segment. Further, its arm entered into settlement in the Modafinil Anti-Trust Litigation in the US. Suzlon Energy has completed sale of Tornado to CLP, and accordingly, Tornado has ceased to be the company s subsidiary. IFCI received Rs491.84cr via NCLT based on the resolution passed by Binani Cements. Nava Bharat Ventures and its arm signed a contract with Tata Power Trading for power supply of 125MW to Telangana State Grid. - Cadila Healthcare has received a final approval from the US Food & Drug Administration (USFDA) to market Baclofen Tablets (US RLD- Lioresal ), 10 mg and 20 mg. Tech Mahindra has bagged an order worth Rs270cr for IT modernization project from Coal India. Global Markets China stocks were mixed after the close on Tuesday, as gains in the Software & Computer Services, Technology and Technology Hardware & Equipment sectors led shares higher while losses in the Travel & Leisure, Real Estate Investments & Services and Banking sectors led shares lower. At the close in Shanghai, the Shanghai Composite fell 0.04%. Australia stocks were higher after the close on Tuesday, as gains in the IT, Telecoms Services and Financials sectors led shares higher.at the close in Sydney, the S&P/ASX 200 gained 1.00%. Taiwan stocks were higher after the close on Tuesday, as gains in the Electronic Parts/Components, Optoelectronic and Hotels sectors led shares higher. At the close in Taiwan, the Taiwan Weighted added 0.14%. DATE: 27/11/18 FII/DII CASH MTD YTD FII DII Sectoral gainers and losers SECTOR Information %CHANGE IN MARKETCAP ADV Technology 1.58% Oil & Gas 1.18% 12 8 Banking & Financial Services 0.61% Cement & Construction 0.46% Utilities 0.40% 20 4 Conglomerates 0.31% Engineering & Capital Goods 0.26% Food & Beverages 0.22% Automotive 0.20% Miscellaneous 0.20% Retail & Real Estate 0.19% Services 0.16% Chemicals 0.15% DEC Manufacturing 0.11% Media & Entertainment 0.04% Consumer Nondurables -0.01% Consumer Durables -0.21% 2 7 Tobacco -0.22% 3 2 Metals & Mining -0.42% Telecommunication -0.98% Pharmaceuticals -0.99% Stocks breakout on moving average STOCKS PRICE 30DMA HCLTECH GRASIM KOPRAN CERA

3 Intraday super star calls (Premium Section) APOLLOTYRE EQ surged higher with increased buy side volume on daily chart and settled near the resistance so drawn. The stock may witness further buying. BUY ABOVE TARGETS /236.40/ SL ESCORTS EQ continued to trade higher and closed bullishly biased on daily chart forming bullish consolidation. The stock may give breakout of the drawn resistance. BUY ABOVE TARGETS /709.45/ SL

4 F&O Multibagger call (Premium Section) LT FUT sustained above resistance level after breakout and hovering near immediate resistance. The stock fut may give breakout and trade higher. BUY ABOVE 1433 TARGETS 1441/1449 SL 1425

5 Trifid Special call (Premium Section) HDFCBANK EQ depicts the buying momentum with increased buy side volume on chart to close near to the resistance level thus suggesting buying. BUY ABOVE TARGETS SL

6 Major Indices Movement Nifty Technical s Nifty started the second day on bullish note breaking the previous day s high streak to close at The next key support and resistance for the market is at and Bank Nifty Technical s Banknifty started the day on bullish note breaking the six days losing streak to close at The next key support and resistance for the banking index is at and Index 26-Nov Nov-18 Change in OI % Change NIFTY % SCRIPS IN F&O BAN FOR TRADE ADANIENT, ADANIPOWER, JETAIRWAYS.

7 Up s and Down s Stocks at 52 Week High Stocks New 52 W/H Previous High FILATEX VINDHYATEL Stocks Approaching 52 Week High Stocks LTP 52W High APOLLOHOSP PIDILITIND DRREDDY AUROPHARMA ATUL Stocks rising continuously 2-3 days Stocks LTP FILATEX WELCORP VINDHYATEL BATAINDIA Stocks at 52 Week Low Stocks New 52 W/L Previous Low BASF FINCABLES HINDZINC JINDALSTEL VEDL Stocks Approaching 52 Week Low Stocks LTP 52W Low CIPLA BSE COALINDIA TAKE Stocks falling continuously 2-3 days Stocks LTP YESBANK JAICORPLTD IBREALEST PRAKASH Event Calendar(26 th NOVEMBER2018 to 01 st DECEMBER2018) 26/11/18 (Mon) 27/11/18 (Tues) 28/11/18 (Wed) 29/11/18 (Thur) 30/11/18 (Fri) 01/12/18 (Sat) RESULT GICHSGFIN, HUDCO RESULT RELCAPITAL ECO DATA M3 MONEY SUPPLY ECO DATA FEDERAL FISCAL DEFICIT, GDP DATA, INFRASTRUCTURE OUTPUT

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