Daily Market Insights

Transcription

1 Daily Market Insights 02 nd May 2017 Market Snippet S`4321 Benchmark indices traded lower on the very first trading session of the May F&O derivative series and settled lower on account of profit booking amid weak global cues. However the so far season of corporate earnings has been good for the market and nifty is expected to trade on its long term buy trend. Nifty ended the session to than close at Metal and PSU banks stocks were the major gainers of the day while reality and FMCG stocks were the losers for the day. Global Markets Update Amazon.com Inc's retail and cloud-computing sales rose in the Q1 inching above Wall Street's expectations and sending the company's shares to an all-time high in extended trading. Asian markets eased as President Donald Trump surprised investors with comments on an existing free trade pact with Seoul to calling for payments for a sophisticated anti-missile system no on South Korean soil. INDEX ADVANCE DECLINE UNCHANGED NSE INDEX ADVANCE DECLINE UNCHANGED BSE Gainers 213 LARGECAP %CHANGE MIDCAP %CHANGE ONGC +3.88% CANBK +8.60% BANKBARODA +3.45% UNIONBANK +7.33% SBIN +2.61% BANKINDIA +4.65% MARUTI +2.15% IDBIBANK +4.41% HINDALCO +2.13% IRB +2.52% Losers LARGECAP %CHANGE MID CAP %CHANGE ITC -2.80% DLF -2.00% INFRATEL -2.74% APOLOTYRE -1.65% HDFC -1.88% BIOCON -1.51% TECHM -1.81% ASHOKLEY -1.50% AMBUJACEM -1.80% PETRONET -1.49% 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 28/04 SINTEX(S) /04 ARVIND(S) 400 UNEX - Multibagger Date Stock Entry Exit P/L 27/04 TVSMOTOR(L) Trifid special Date Stock Entry Exit P/L 26/04 IOC(L) For our next calls click here.

2 Stock Snippets JSW Energy posted percent decline in its consolidated net profit which stood at Rs crore against Rs crore largely due to lower power generation. Total income for the quarter stood at Rs crore from Rs crore for the same quarter last year. Ambuja Cements reported robust Q1 earnings as net profit increased sharply by 360% at Rs 247 crore against Rs 54 crore in the same period last year. The sharp hike in bottom-line was due to lower depreciation & amortization cost (down 62 percent) and tax expenses (46 percent). Biocon's Q4 consolidated net profit dropped 58 percent to Rs crore against - the consolidated net profit of Rs crore for the same quarter last year. Company also recommended the issue of 2 bonus shares for every one share held in Biocon. It also recommended a final dividend of Rs 3 per share for FY'17. Tyre manufacturer Ceat Ltd posted 35.5 percent tanks in its January-March quarter which stood at Rs crore hit by demonetisation and higher raw material costs. Total income from operations during the quarter increased by 4.99% stood at Rs 1, crore as against Rs 1, crore for the same quarter last year. Global Markets European shares fell from 20-month highs on Thursday as weaker banks weighed, with the broader market little moved by a widely expected European Central Bank decision to stand pat on policy. Japanese stock prices posted modest gains on Monday as hightech shares such as Tokyo Electron and Murata Manufacturing gained on upbeat earnings in otherwise holiday-lulled trading. Taiwan stocks were higher after the close on Friday, as gains in the Auto, Textile and Hotels sectors led shares higher. Indonesia stocks were lower after the close on Friday, as losses in the Consumer Industry, Mining and Manufacturing sectors led shares lower. DATE: 28/04/17 FII/DII CASH MTD YTD FII DII Sectoral gainers and losers SECTOR %CHANGE IN MARKETCAP ADV. DEC. Food & Beverages 0.82% Cement & Construction 0.40% Manufacturing 0.36% Information Technology 0.31% Oil & Gas 0.30% Engineering & Capital Goods 0.25% Chemicals 0.21% Consumer Nondurables 0.14% Media & Entertainment 0.14% Utilities 0.04% Banking & Financial Services 0.03% Retail & Real Estate -0.01% Telecommunication -0.13% Automotive -0.25% Services -0.28% Miscellaneous -0.33% Consumer Durables -0.62% 3 9 Conglomerates -0.75% 4 11 Pharmaceuticals -0.90% Metals & Mining -1.00% Tobacco -1.64% 2 3 Stocks breakout on moving average STOCKS PRICE 30DMA IDBIBANK SBIN INDHOTEL BHARATFIN NHPC

3 Intraday super star calls (Premium Section) IDBI EQ gave breakout from the trend line acting as resistance and closed around the resistance levels. If it surpasses the mentioned mark, then up move can be seen in the stock. BUY ABOVE TARGETS 79.70/80.50/81.30 SL TITAN EQ closed below the up sloping trend line acting as good support for the stock. It is expected further fall down if holds below the given level in the coming session. SELL BELOW 468 TARGETS /458.60/454 SL 475.

4 F&O Multibagger call (Premium Section) ARVIND FUTURE found stiff resistance at highs and tends to reverse from such levels to correct on lower side. SELL BELOW 400 TARGETS /397 SL

5 Trifid Special call (Premium Section) CESC EQ had been hovering around lifetime highs since last three successive sessions. Hence, positive momentum is expected in the stock as it may surpass to mark new highs. BUY ABOVE TARGETS 960 SL

6 Major Indices Movement Nifty Technicals Nifty consolidated in the first half of trading session and traded lower in second half to send the session marginally lower at The next key support and resistance for the market is at 9250 and Bank Nifty Technicals Bank nifty traded strong in comparsion to nifty and ended the session in green to close at The next key support and resistance for the banking index is at and Index 27-April April-17 Change in OI %Chg NIFTY SCRIPS IN F&O BAN FOR TRADE ADANIENT, BHARATFIN, JSWENERGY.

7 Up s and Down s Stocks at 52 Week High Stocks New 52 W/H Previous High ABMINTLTD APLAPOLLO BALRAMCHIN BANKINDIA BBTC Stocks at 52 Week Low Stocks New 52 W/L Previous Low AUROPHARMA GLAXO LUPIN TGBHOTELS Stocks Approaching 52 Week High Stocks LTP 52W High KRBL TATACHEM ULTRACEMCO DCBBANK KEI Stocks rising continuously 2-3 days Stocks LTP ALBK ANDHRABANK IDBI INDIACEM Stocks Approaching 52 Week Low Stocks LTP 52W Low TTKHLTCARE COALINDIA ECLERX INFY DRREDDY Stocks falling continuously 2-3 days Stocks LTP ADANIENT KPIT ARVIND BAJAJ-AUTO Event Calendar(01 st MAY to 06 th MAY 17) 01/05/17 (Mon) 02/05/17 (Tues) 03/05/17 (Wed) 04/05/17 (Thur) 05/05/17 (Fri) 06/05/17 (Sat) BHARATFIN, DABUR, DCMSHRIRAM MARICO, RBLBANK, JMFINANCIL, DEEPIND AJANTPHARM, APLLTD, DHFL, ICICIBANK EMAMILTD, EXIDEIND, HDFC, L&TFH, MRF, TATACOMM APOLLOTYRE, BSE, NIITTECH, SPARC GATI

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