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Equity WEEKLY REPORT
28-MARCH-2016
GLOBAL MARKET WEEKLY
INDICES CLOSE CHANGE (%)
DOW JONES 17515.73 -0.49
NASDAQ 4773.50 -0.46
CAC 40 4329.68 -2.98
DAX 9851.35 -1.00
FTSE 100 6106.48 -1.34
NIKKEI 17002.45 1.66
HANG SENG 20345.61 -1.58
SHANGHAI
COMPOSIT
2979.43 0.82
INDIAN INDICES WEEKLY
INDICES CLOSE CHANGE (%)
SENSEX 30 25337.56 1.54
NIFTY 500 6423.70 1.60
NIFTY BANK 15887.75 1.49
NIFTY IT 11228.15 0.61
NIFTY MIDCAP 12636.75 1.86
NIFTY SMALL CAP 4874.05 1.17
NIFTY DAILY TOP GAINER
SCRIPT CLOSE CHANGE (%)
HINDALCO 91.30 4.94
IDEA CELL. 104.95 2.84
TATA STEEL 317.20 2.39
BHARTI AIR. 358.20 2.08
YES BANK 849.25 2.05
NIFTY DAILY TOP LOSERS
SCRIPT CLOSE CHANGE (%)
RELIANCE IND. 1029.20 -1.78
BANK BARODA 144.00 -1.71
LUPIN 1524.15 -1.61
PNB 84.70 -1.45
GAIL INDIA 356.10 -1.37
INDIAN MARKET
INDEX CLOSE CHANGE CHANGE %
NIFTY 7716.50 112.15 1.47
NIFTY WEEKLY OUTLOOK
The Nifty index has now reached yet another
landmark of 7700 within no time. As of now, we
do not see any weakness on charts. One can
adopt a cautious approach if Nifty reaches 7780
strong resistance levels by booking timely prof-
its, but shorting is strictly avoided.
On the sectoral front, this week’s rally was
mainly led by the Metal, Realty and Banking
conglomerates. The Nifty ended the week with
a decent gain of 1.47% over the previous
week’s closing.
STOCK IN NEWS
NIFTY BANK WEEKLY OUTLOOK
The Nifty Bank index has performed better as
compare to all Nifty constituents. Nifty Bank
indexed sustain positively move, and the in-
dex has closed around the resistance zone of
15830 to 15950. In technical term it is facing
strong resistance zones and has formed small
uncertainty in daily chart.
The overall momentum in the stocks within
the sector continued to be positive. Unless any
signs of reversal seen.
NIFTY BANK WEEKLY
INDEX CLOSE CHANGE CHG.(%)
NIFTY BANK 15887.75 232.90 1.49
MARUTI SUZUKI
Maruti Suzuki will start deliveries of its newly
launched compact SUV, Vitara Brezza, to cus-
tomers from March 25. The vehicles will be re-
tailed from the company’s over 1,800 sales outlets
spread across India.
KESORAM INDUSTRIES
Kesoram Industries has sold its investments in
listed companies worth Rs 4bn to Birla group
holding company, Pilani Investments. The move
is part of an attempt to reduce its debt worth Rs
40bn and improve cash flows.
IDBI BANK
IDBI Bank plans to raise Rs 200bn from bonds in
one or more tranches next fiscal to fund business
growth.
JINDAL STEEL
Jindal Steel and Power Limited has commissioned a
1.4 mtpa Rebar Mill at Sohar, Oman. It is the largest
in Gulf and African region and along with the exist-
ing 2 MTPA SMS makes JSPL’s Jindal Shadeed the
largest integrated steelmaker in Oman.
NTPC LTD
NTPC Ltd has informed BSE that the Unit-I of 250
MW of Nabinagar Thermal Power Station of Bharti-
ya Rail Bijlee Company Limited (A subsidiary Com-
pany of NTPC ) has been commissioned on March
20, 2016.
INDIABULLS HOUSING FINANCE
Indiabulls Housing Finance will raise Rs 5,100 mn
by issuing non-convertible debentures through pri-
vate placement.
WEEKLY STOCK CASH RECOMMENDATION
WEEKLY STOCK RECOMMENDATION
WEEKLY STOCK FUTURE RECOMMENDATION
STAR INDIA LTD. In daily chart con-
solidated last two week, and formed
support level. After consolidation it
may ready for upside breakout, if con-
tinue follow this trend then it may touch
the level 1132 and 1184 respectively.
Buy STAR INDIA LTD. Above 1075
and the first target of 1132 and second
target of 1184 with maintain stop loss
1035.
STAR INDIA LTD.
ENTRY TARGET STOPLOSS
1075 1132-1184 1035
IDEA CELLULAR Fut.(31-Mar-16) In
weekly chart has formed strong reversal
signal, If daily basis it may break strong
resistance level 106.50 then touch the up-
per level 112 and 117 respectively.
Buy IDEA CELLULAR Fut(31-Mar-16)
Above 106.50 and the first target of 112
and second target of 118 with maintain
stop loss 101.
IDEA CELLULAR (FUTURE)
ENTRY TARGET STOPLOSS
106.50 112-118 101
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 7716.5 7867.7 7798 7757.2 7687.5 7646.7 7577 7536.2
BANKNIFTY 15887.8 16224.2 16096 15991.9 15863.7 15759.6 15631.4 15527.3
SENSEX 25337.6 25876.2 25628.8 25483.2 25235.7 25090.1 24842.7 24697.1
ACC 1367.7 1461.1 1430.6 1399.1 1368.6 1337.1 1306.6 1275.1
AMBUJACEM 227.9 246.5 240.2 234.1 227.8 221.6 215.3 209.2
ASIANPAINT 849.5 896.6 885.8 867.7 856.9 838.7 827.9 809.8
AXISBANK 437.9 458.8 453.2 445.5 439.9 432.2 426.6 418.9
BAJAJ-AUTO 2356.9 2458.7 2411.4 2384.1 2336.8 2309.5 2262.2 2234.9
BANKBARODA 144.2 152 149.9 147 144.9 142.1 140 137.1
BHARTIARTL 355.7 381.8 371.6 363.6 353.4 345.4 335.2 327.2
BHEL 116.2 125.8 121.8 119 115 112.2 108.2 105.4
BPCL 869.2 912 899.9 884.6 872.5 857.1 845 829.7
CAIRN 158.5 167 163.3 160.9 157.2 154.8 151.1 148.7
CIPLA 532.7 552.7 545.9 539.3 532.4 525.8 519 512.4
COALINDIA 297.7 306.6 303.1 300.4 297 294.3 290.8 288.1
DRREDDY 3041 3319.2 3259.5 3150.3 3090.6 2981.4 2921.7 2812.5
GAIL 355.5 378.2 373.3 364.4 359.6 350.7 345.8 336.9
GRASIM 3772 4039.5 3933.3 3852.6 3746.4 3665.7 3559.5 3478.8
HCLTECH 817 845.1 838.1 827.5 820.5 809.9 802.9 792.3
HDFC 1160 1225.9 1200 1180 1154 1134 1108.1 1088.1
HDFCBANK 1049 1084 1070.3 1059.7 1046 1035.3 1021.6 1011
HEROMOTOCO 2869.9 3101.3 3008 2938.9 2845.6 2776.5 2683.2 2614.1
HINDALCO 90.8 101 96.3 93.6 88.9 86.2 81.5 78.8
HINDUNILVR 872.7 924 903.5 888.1 867.6 852.2 831.7 816.3
ICICIBANK 233.3 240.7 238.2 235.7 233.2 230.7 228.2 225.7
IDEA 104.8 112 109.3 107 104.3 102 99.3 97
IDFC 38.2 39.4 39 38.6 38.2 37.8 37.4 37
INDUSINDBK 926.8 949.3 943.1 935 928.8 920.7 914.5 906.4
INFY 1208.8 1261 1235.9 1222.3 1197.2 1183.6 1158.5 1144.9
ITC 323.2 348.7 342.4 332.8 326.6 317 310.7 301.1
KOTAKBANK 662 697.5 686.7 674.3 663.5 651.1 640.3 627.9
NIFTY STOCKS WEEKLY PIVOT TABLE
SCRIP RECOM ENTRY TGT-1 TGT-2 STOPLOSS STATUS
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
LT 1238 1313.3 1280.7 1259.4 1226.8 1205.5 1172.9 1151.6
LUPIN 1524 1634.5 1603.3 1563.6 1532.4 1492.7 1461.5 1421.8
M&M 1243.3 1317.1 1291.5 1267.4 1241.8 1217.7 1192.1 1168
MARUTI 3723.1 3915.4 3829.7 3776.4 3690.7 3637.4 3551.7 3498.4
NMDC 101.5 109.1 105.6 103.5 100 97.9 94.4 92.3
NTPC 127.3 131.1 130 128.6 127.5 126.1 125 123.6
ONGC 214.5 225.7 222.4 218.5 215.2 211.2 207.9 204
PNB 84.5 89.9 88.7 86.6 85.4 83.3 82.1 80
POWERGRID 137.3 142.1 140.7 139 137.6 135.9 134.5 132.8
RELIANCE 1027.3 1075.4 1063.8 1045.5 1034 1015.7 1004.1 985.8
SBIN 196.3 203.9 201.1 198.7 195.8 193.4 190.6 188.2
SUNPHARMA 842.5 892.6 872.3 857.4 837.1 822.2 801.9 787
TATAMOTORS 376 398.8 390.2 383.1 374.4 367.3 358.7 351.6
TATAPOWER 62.6 69.5 66.5 64.5 61.5 59.5 56.5 54.5
TATASTEEL 317 340.3 329.1 323.1 311.9 305.8 294.6 288.6
TCS 2479.6 2572.9 2530.4 2505 2462.5 2437.1 2394.6 2369.2
TECHM 479.1 517.2 507.8 493.4 484 469.7 460.3 445.9
ULTRACEMCO 3190.1 3420.3 3342.7 3266.4 3188.7 3112.4 3034.8 2958.5
VEDANTA 96.2 104.5 101.3 98.8 95.6 93 89.8 87.3
WIPRO 557.9 586.9 574.6 566.3 554 545.7 533.4 525.1
YESBANK 848 901.4 876.6 862.3 837.5 823.2 798.4 784.1
ZEEL 387.5 403.8 399.6 393.6 389.4 383.4 379.2 373.2
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