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Equity WEEKLY REPORT
18-APRIL-2016
GLOBAL MARKET WEEKLY
INDICES CLOSE CHANGE (%)
DOW JONES 17897.46 1.82
NASDAQ 4938.20 1.80
CAC 40 4495.17 4.46
DAX 10051.57 4.46
FTSE 100 6343.75 2.25
NIKKEI 16848.03 6.49
HANG SENG 21316.47 4.64
SHANGHAI
COMPOSIT
3078.12 3.12
INDIAN INDICES WEEKLY
INDICES CLOSE CHANGE (%)
SENSEX 30 25626.75 3.86
NIFTY 500 6575.35 3.60
NIFTY BANK 16278.55 4.56
NIFTY IT 11351.85 2.63
NIFTY MIDCAP 13135.30 2.67
NIFTY SMALL CAP 5115.20 2.54
NSE WEEKLY TOP GAINERS
SCRIPT CLOSE CHANGE (%)
TPL PLASTECH 303.15 78.32
ELECTRO THERM 74.60 48.75
SAGAR CEMENTS 594.75 48.46
SIMPLEX PROJ. 35.90 45.34
SPL INDUSTRIES 32.20 41.23
NSE WEEKLY TOP LOSERS
SCRIPT CLOSE CHANGE (%)
VIVIMED LABS 84.45 -79.77
BLUE CHIPINDIS 0.40 -27.27
CHROMATIC INDIA 4.30 -22.52
GM BREWERIES 811.10 -20.90
BEARDSELL LTD 77.00 -20.82
INDIAN MARKET
INDEX CLOSE CHANGE CHANGE %
NIFTY 7850.45 295.25 3.91
NIFTY WEEKLY OUTLOOK
Indian benchmark index Nifty has zoomed out on lat
week & closed at 7850.45 up by 3.91% for hoping of
robust monsoon and positive key macroeconomic data
supported market sentiments. All broder indices week-
ly closed in green signed. Mainly led by auto sector for
hoping robust monsoon and banking sector for lower
CPI inflation surged.
May be possible hopes of continuity senn in upcoming
week and benchmark index Nifty to touch the level of
7960 mark.
STOCK IN NEWS
NIFTY BANK WEEKLY OUTLOOK
The Nifty Bank index has best performed in-
dex in all Nifty constituents on weekly basis
and settled at 16278.55 up by 4.56%. The drop
in CPI inflation in March to 4.83 per cent
from 5.26 per cent in February also fuelled
rate cut hopes in next meet will be held in
June and the better monsoon to increase dis-
posable income and will be possible to increase
demand from consumer finance and rural loan
segment. They all keys to support banking sec-
tor can be performed in next week
NIFTY BANK WEEKLY
INDEX CLOSE CHANGE CHG.(%)
NIFTY BANK 16278.55 710.20 4.56
ITC LTD.
FMCG major ITC said it will soon resume manu-
facturing of cigarettes at its factories, which it had
suspended from April 1 over the large pictorial
warning issue.
VEDANTA LTD.
Metals major Vedanta said its subsidiary Sterlite
Ports will redevelop Mormugao port in Goa on
Develop, Build, Finance, Operate and Transfer
(DBFOT) basis for 30 years.
RAMCO SYSTEMS LTD.
Ramco Systems Ltd has announced that Ramco
System Inc. has been incorporated in Philippines
as a wholly owned subsidiary of the Company.
The Certificate of incorporation dated April 05,
2016 has been received on April 15, 2016.
INFOSYS TECHNOLOGY
Indian IT major Infosys has reported net profit during
the quarter jumped 3.8% quarter-on-quarter to Rs
3,597. The giant's profit beat estimates for the fourth
straight quarter.
DCB BANK
Private lender DCB Bank reported a 10.5 per cent
rise in net profit at Rs 70 crore for the fourth quarter
ended March 31.
BLUE DART EXPRESS LTD.
Logistics major Blue Dart Express on Friday report-
ed a 17% growth in standalone net profit at Rs
40.49 crore for the fourth quarter (Q4) ended March
31, 2016, helped by cost efficiency measures and
focus on an online retail market.
WEEKLY STOCK CASH RECOMMENDATION
WEEKLY STOCK RECOMMENDATION
WEEKLY STOCK FUTURE RECOMMENDATION
VEDANTA LTD. In daily chart rising
from bottom. In chart higher top and
higher bottom formation show more
strength in this counter. And this trend
continue to touch the level of 104.
Buy VEDANTA LTD. Above 95 and the
first target of 99 and second target of
104 with maintain stop loss 89.
VEDANTA LTD.
ENTRY TARGET STOPLOSS
95 99-104 89.00
ORIENTBANK LTD Fut.(28-APR-16) In
positive in daily chart. It may be touched
in previous resistance level 98 Rs. after
bounce back from bottom.
Buy ORIENTBANK LTD Fut.(28-APR-
16) Above 93.50 and the first target of 97
and second target of 102 with maintain
stop loss 88.50.
ORIENT BANK (FUTURE)
ENTRY TARGET STOPLOSS
93.50 97-102 88.50
NIFTY STOCKS WEEKLY PIVOT TABLE
Last week price Resistance Zone Pivot
Point
Support Zone
Stock Name Week
Close Res-3 Res-2 Res-1 Sup-1 Sup-2 Sup-3
NIFTY 7850.5 8319.2 8092 7971.2 7744 7623.3 7396.1 7275.3
BANKNIFTY 16278.6 17514.9 16932.3 16605.4 16022.8 15696 15113.4 14786.5
SENSEX 25626.8 27172.7 26422.1 26024.4 25273.8 24876.1 24125.5 23727.8
ACC 1468 1536.3 1505.7 1486.8 1456.2 1437.3 1406.7 1387.8
AMBUJACEM 231.6 246.6 239.5 235.6 228.5 224.6 217.5 213.6
ASIANPAINT 874.8 919.5 897.8 886.3 864.5 853 831.3 819.8
AXISBANK 439.5 478.5 461.9 450.7 434.1 422.9 406.3 395.1
BAJAJ-AUTO 2570.1 2906.9 2760.7 2665.4 2519.2 2423.9 2277.7 2182.4
BANKBARODA 152.1 167.1 160.5 156.3 149.7 145.5 138.9 134.7
BHARTIARTL 351.2 387 375.7 363.5 352.2 340 328.7 316.5
BHEL 133.2 150.6 143 138.1 130.6 125.7 118.1 113.2
BPCL 925 992.2 966 945.5 919.3 898.8 872.6 852.1
CAIRN 154.8 167.3 162.9 158.8 154.4 150.3 145.9 141.8
CIPLA 511.9 536.9 525.9 518.9 508 501 490 483
COALINDIA 277.5 293.8 288.2 282.9 277.3 271.9 266.3 261
DRREDDY 3104 3280.5 3201.6 3152.8 3073.9 3025.1 2946.2 2897.4
GAIL 366.6 407.3 389.9 378.3 360.9 349.3 331.9 320.3
GRASIM 4078 4364.8 4242 4160 4037.2 3955.2 3832.4 3750.4
HCLTECH 836 869 857.7 846.9 835.6 824.8 813.5 802.7
HDFC 1115 1192.2 1154.8 1134.9 1097.5 1077.6 1040.2 1020.3
HDFCBANK 1080 1137.8 1111.4 1095.7 1069.3 1053.6 1027.2 1011.5
HEROMOTOCO 3164 3518.1 3345.1 3254.5 3081.5 2990.9 2817.9 2727.3
HINDALCO 95.9 109.6 103.7 99.8 93.8 89.9 84 80.1
HINDUNILVR 896 969.9 934.7 915.4 880.2 860.9 825.7 806.4
ICICIBANK 240.3 275 259.6 249.9 234.5 224.8 209.4 199.7
IDEA 114.8 126.2 121.5 118.1 113.4 110.1 105.4 102
IDFC 43.6 46.4 45.1 44.3 43 42.2 40.9 40.1
INDUSINDBK 985.5 1065.8 1030.1 1007.8 972.2 949.9 914.2 891.9
INFY 1176 1240.8 1217.9 1196.9 1174 1153.1 1130.2 1109.2
ITC 331.5 352.8 342.8 337.1 327.1 321.4 311.4 305.7
KOTAKBANK 690.7 746.6 723.3 707 683.6 667.3 644 627.7
LT 1238.5 1330.8 1291.9 1265.2 1226.3 1199.6 1160.7 1134
LUPIN 1544 1642.5 1605.6 1574.8 1537.9 1507.1 1470.2 1439.4
M&M 1331 1523.5 1436.6 1383.8 1296.9 1244.1 1157.2 1104.4
NIFTY STOCKS WEEKLY PIVOT TABLE
SCRIP RECOM ENTRY TGT-1 TGT-2 STOPLOSS STATUS
PIDILITE IND (FUTURE) BUY 604 611 619 594 BOTH TGT ACHIEVED
CASTROL INDIA (CASH) BUY 380 385 392 372.05 1ST TGT ACHIEVED
JINDAL STEEL (CASH) BUY 64.00 66.50 68.20 61.50 1ST TGT ACHIEVED
IDEA CELLULAR (FUTURE) BUY 106.50 112 118 101 1ST TGT ACHIEVED
LIC HOUSING (FUTURE) BUY 466 471 482 458 BOTH TGT ACHIEVED
DISH TV (CASH ) BUY 76 80 85 69.90 1ST TGT ACHIEVED
ITC LTD (FUTURE) BUY 293 298 305 286 BOTH TGT ACHIEVED
NTPC LTD (CASH) BUY 122.50 126 130 116.50 1ST TGT ACHIEVED
SYND BANK (CASH) BUY 61.50 65 69.50 56 BOTH TGT ACHIEVED
TVSMOTOR (FUTURE) BUY 293 298 305 286 SL TRIGGERED
OUR LAST RECOMMENDATIONS
Last week price Resistance Zone Pivot
Point
Support Zone
Stock Name Week
Close Res-3 Res-2 Res-1 Sup-1 Sup-2 Sup-3
MARUTI 3744 4174.3 3959.8 3851.9 3637.5 3529.6 3315.1 3207.2
NMDC 101.2 106 104.6 102.9 101.5 99.8 98.4 96.7
NTPC 137.5 146.4 142.1 139.8 135.5 133.2 128.9 126.6
ONGC 213 227.4 221.4 217.2 211.2 207 201 196.8
PNB 84.3 92.2 89 86.6 83.4 81 77.8 75.4
POWERGRID 144.9 151.5 148.4 146.7 143.6 141.9 138.8 137.1
RELIANCE 1064.6 1115.6 1092.7 1078.7 1055.8 1041.8 1018.9 1004.9
SBIN 191.4 207.9 200.9 196.1 189.1 184.3 177.3 172.5
SUNPHARMA 831.8 868.7 852.3 842 825.6 815.3 798.9 788.6
TATAMOTORS 408.7 460.2 436 422.3 398.1 384.5 360.3 346.6
TATAPOWER 70 76.4 73.3 71.6 68.6 66.9 63.8 62.1
TATASTEEL 332.6 358 347.1 339.8 328.9 321.6 310.7 303.4
TCS 2528 2709.7 2627.3 2577.7 2495.3 2445.7 2363.3 2313.7
TECHM 470.5 500.2 486.4 478.5 464.7 456.8 443 435.1
ULTRACEMCO 3258.3 3510.4 3412.6 3335.5 3237.7 3160.6 3062.8 2985.7
VEDANTA 93.4 103.8 99.5 96.5 92.2 89.2 84.9 81.9
WIPRO 584.8 653.4 622.7 603.7 573 554 523.3 504.3
YESBANK 871 908.5 891.8 881.4 864.6 854.2 837.5 827.1
ZEEL 402.3 434.7 422.4 412.3 400 389.9 377.6 367.5
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