Daily Market Insights

Transcription

1 Daily Market Insights 1 st November 2016 Market Snippet `4321 Benchmark indices traded volatile on the very first trading session of Nov F&O series and ended higher as the buying interest seen in Tata Group companies after the talks of negotiation came into picture between Tata Sons and Cyrus Mistry. However, trading was subdued ahead of a holiday next week. The Nifty ended the session to close at 8638 i.e points higher. TECHM, Bajaj Auto, Tata Motors DVR were the top gainers of the day while, ICICI Bank, Eicher Motors and Infratel, were the top losers of the day. Global Markets Update European Stocks were weak in initial trades on Friday on some disappointing earnings from some major corporate but saw mild recovery in later trades from their bottom levels. Overall weakness is on charts ahead of US GDP data due later today. Anheuser-Busch Inc declared weakest quarterly earnings as margins collapsed on recession faced in Brazil. Volumes tanked for the fourth straight quarter by 4.1 percent from 6.4 percent. INDEX ADVANCE DECLINE UNCHANGED NSE INDEX ADVANCE DECLINE UNCHANGED BSE Gainers 25 LARGECAP %CHANGE MIDCAP %CHANGE TECHM 5.20% STAR 11.46% ZEEL 3.17% CADILAHC 7.05% BAJAJAUTO 3.14% NMDC 6.50% TATAMTRDVR 2.92% ASHOKLEY 6.30% TATAMOTORS 2.87% SINTEX 4.79% Losers LARGECAP %CHANGE MID CAP %CHANGE ICICIBANK -2.62% BAJFINANCE -2.92% INFRATEL -2.29% GPPL -2.25% EICHER -1.93% TVSMOTOR -1.72% CIPLA -1.81% IPCA -1.37% IDEA -1.68% IDBI -1.34% Nifty 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 28/10/16 CESC /10/16 HINDALCO UNEXECUTED Multibagger Date Stock Entry Exit P/L 27/10/16 WOCKPHRM Trifid special Date Stock Entry Exit P/L 26/10/16 MARUTI For our next calls click here.

2 Stock Snippets Tata Groups stocks showed recovery after 3 day shake down with gains marked by Tata Motors DVR, 3.10 percent, Tata Elexsi along with Tata Metaliks adding 4 to 5.7 percent. Tata Steel surged 1.99 percent after the company announced equity partnership with Canadian Iron Ore Mines. Moil Ltd surged 2.57 percent on intraday after the company has signed a pact with Madhya Pradesh Govt. to conduct mineral exploration in the states. Stock marked its closing at Baja Auto Ltd declared Q2 earnings with net profits rising 7 percent at Rs 1122 crore but revenue increased marginally with 0.04 percent to Rs 6432 crore due to decline in sales volumes from lakhs units to lakhs units. Stock surged 3.35 percent closing at Rs Vedanta Ltd Q2 profits surged 11.9 percent at Rs 1252 crore but, revenue slipped 4.3 percent at Rs 16,777 crore impacted by oil zinc and copper segments. Stock closed by adding 1.43 percent at Rs GMR Infrastructure Ltd rallies 4 percent on intraday after receiving a compensation of Rs 1270 crore. Stock closed at Rs adding 1.10 percent. Global Markets Australia stocks declined on Friday, as losses in the A-REITs, Industrials and Consumer Staples sectors led shares lower. Japan s Nikkei 225 inched to its 6 months high by adding 0.63 percent on Friday, as gains in the Finance & Investment, Textile and Marine Transport sectors led shares higher. Taiwan stocks booked marginal gains on Friday, as gains were seen in the Rubber, Plastic and Cement sectors led stocks. Philippines stocks slipped 0.54 on Friday, as losses in the Banking & Financials, Property and Mining & Oil sectors led shares lowers. DATE: 28/10/16 FII/DII CASH MTD YTD FII DII Sectoral gainers and losers SECTOR %CHANGE IN MARKETCAP ADV. DEC. Metals & Mining 2.08% Media & Entertainment 1.42% Manufacturing 1.20% Conglomerates 1.11% 12 4 Automotive 1.07% Pharmaceuticals 0.94% Retail & Real Estate 0.94% Miscellaneous 0.92% Cement & Construction 0.67% Consumer Nondurables 0.60% Banking & Financial Services 0.56% Food & Beverages 0.55% Engineering & Capital Goods 0.54% Oil & Gas 0.52% Consumer Durables 0.37% 9 9 Utilities 0.35% Services 0.19% Chemicals 0.18% Tobacco -0.21% 3 4 IT -0.34% Telecommunication -1.27% Stocks breakout on moving average STOCKS PRICE 30DMA ORISSAMINE TOKYOPLAST PHILIPCARB ABBOTINDIA AROGRANITE

3 Intraday super star calls (Premium Section) KOTAKBANK EQ has been gradually rising towards all time highs and the upper consolidation so seen in the stock is expected to surge out and move higher. BUY ABOVE TARGETS /842/ SL PETRONET EQ showed strength in last trading session and closed near around its immediate resistance. It is expected to continue the buying momentum if holds below the mentioned level. BUY ABOVE 393 TARGETS 397/401/405 SL 389.

4 F&O Multibagger call (Premium Section) RELIANCE FUTURE snaps five days losing streak as well as saw pull back from 100 days EMA which further indicates buying from current levels. BUY ABOVE TARGETS / SL

5 Trifid Special call (Premium Section) JISLJALEQS EQ has been resisting near all time highs and is expected to give positive breakout if holds above the mentioned level on daily chart. BUY ABOVE TARGETS / SL

6 Major Indices Movement Nifty Technicals Nifty traded volatile and ended the session with bullish hammer formation on daily chart to close at 8638 i.e points higher.the key support and resistance for the market is at 8580 and Bank Nifty Technicals Bank nifty also traded volatile and ended higher to close at with dozi candle formation on daily chart. The next key support and resistance for the banking index is at and Index 27-October October-16 Change in OI %Chg NIFTY SCRIPS IN F&O BAN FOR TRADE NIL.

7 Up s and Down s Stocks at 52 Week High Stocks New 52 W/H Previous High ADFFOODS AGARIND AMBIKCO ARVIND BHARATRAS Stocks Approaching 52 Week High Stocks LTP 52W High KOTAKBANK FAGBEARING AARTIIND L&TFH OBEROIRLTY Stocks rising continuously 3 days Stocks LTP SINTEX DRREDDY IBREALEST L&TFIN Stocks at 52 Week Low Stocks New 52 W/L Previous Low INFY KREBSBIO LTTS MINDTREE WIPRO Stocks Approaching 52 Week Low Stocks LTP 52W Low POLARIS WELCORP MAHLIFE COFFEEDAY OFSS Stocks falling continuously 3 days Stocks LTP ACC INFY KPIT RALLIS Event Calendar(01 ST NOVEMBER to 05 th NOVEMBER 16) 01/11/16 (Tues) 02/11/16(Wed) 03/11/16(Thur) 04/11/16(Fri) 05/11/16(Sat) 06/10/16(Sun) MAJESCO, CENTURYPLY - OUDHSUG, SONATA, UPERGANGES AMBUJACEM, LALPATHLAB, ICRA, WHEELS CARE, GATI, JINDALSAW, MAX, UNIONBANK, UBL AMARAJABAT, KEI, PNB, RELAXO

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