6th Aug 10th Aug - tradenivesh.com fileOverall sentiments of the markets are positive so bulls may...

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WEEKLY REPORT Trade House 426 Alok Nagar, Kanadia Main Road Near Bangali Square Indore-452001 (M.P.) India Mobile :+91-9039261444 E-mail: [email protected] 6 th Aug-10 th Aug 61.34 61.34

Transcript of 6th Aug 10th Aug - tradenivesh.com fileOverall sentiments of the markets are positive so bulls may...

WEEKLY REPORT

6thAug-10thAug

Trade House 426 Alok Nagar, Kanadia Main Road Near Bangali Square

Indore-452001 (M.P.) India Mobile :+91-9039261444

E-mail: [email protected]

6th Aug-10th Aug

61.34 61.34

WEEKLY REPORT

6thAug-10thAug

MARKET SUMMARY

Buying counters were buzzing across all sectors for the market on Friday,

which pushed benchmark indices higher. The Sensex ended the day almost

400 points higher, Nifty managed to scale past 11,350.The Sensex is up 391.00

points or 1.05% at 37556.16, while the Nifty is up 116.10 points or 1.03% at

11360.80. The market breadth is positive as 1,736 shares advanced, 942

shares declined, while 158 shares are unchanged.

INDIAN SECTORIAL INDICES

INDICES % CHANGE

(weekly)

NIFTY 500 9,685.70 (1.11%)

NIFTY NEXT 50 29,903.85 (2.21%)

NIFTY MID100 19,112.70 (1.76%)

NIFTY IT

14,649.10 (0.90%)

NIFTY 100 11,648.85 (0.92%)

NIFTY BANK 27,695.50 (0.22%)

NIFTY REALTY

270.40 (0.95%)

NIFTY INFRA 3,153.40 (0.58%)

NIFTY ENERGY 15,205.95 (3.49%)

NIFTY MIDCAP 50

5,039.40 (1.13%)

INDICES VALUE CHANGE

(weekly)

% CHANGE

(weekly)

NIFTY 11,360.80 116.10 1.03

SENSEX 37,556.16 391 1.05

BANK NIFTY 27,695.50 339.55 1.24

INDIAN MARKETS

WEEKLY REPORT

6thAug-10thAug

Losers of the Week

Symbol CMP % change

Redington (India) Lt

104.10 -14.04

Can Fin Homes 336.15 -8.98

L&T Technology Serv

1,420.50 -7.43

L&T Infotech 1,700.55 -7.25

Gainers of the Week

Symbol CMP % change

Aditya Birla Fash-ion

171.45 22.07

Bharat Electroni 119.30

16.62

Avanti Feeds Lim 511.05 14.91

Inox Leisure 222.70 13.54

GLOBAL INDICES WEEKLY

United States

DJIA S&P 500 NASDAQ

25,462.58 (0.05%) 2,840.35 (0.76%) 7,812.02 (0.96%)

European

CAC 40 DAX FTSE 100

5,478.98 (-0.59%) 12,615.76 (-1.90%) 7,659.10 (-0.64%)

Asian

NIKKEI HANG SENG SHANGHAI COM.

22,525.18 (-0.83%) 27,676.32 (-3.92%) 2741.08(-4.61%)

MOVERS & SHAKERS LAST WEEK

INDIAN CURRENCY WEEKLY

USD-INR EUR-INR GBP-INR JPY-INR USD INDEX

68.62 (-0.06%) 79.58 (-0.31%) 89.43 (-0.57%) 61.57 (-0.44%) 95.05 (0.20%)

WEEKLY REPORT

6thAug-10thAug

TECHNICAL VIEW

NIFTY FUTURE

NIFTY FUTURE was completely dominated by bulls last week. The index ran up in range of 150 points overall and with good volume. The index

closed bullish. Overall sentiments of the markets are positive so bulls may dominate further as it crossed all near resistance; trend line and Fibo-

nacci level and closed above them all on weekly chart with bullish crossover on RSI. So we advise to buy Nifty FUTURE if sustains above 11410

for targets of 11500 and 11650 with strict stop loss of 11270

NIFTY WEEKLY OUTLOOK

WEEKLY

R3 11,441.50

R2 11,437.75

R1 11,436.50

Pivot 11,434.00

S1 11,432.75

S2 11,430.25

S3 11,426.50

WEEKLY

CLOSE 11435.25

OPEN 11431.75

HIGH 11435.25

LOW 11431.50

CHANGE 159.20

%

CHANGE 1.41

WEEKLY REPORT

6thAug-10thAug

TECHNICAL VIEW

BANKNIFTY FUTURE

BANKNIFTY FUTURE had a bullish week with movement of around 450 pts. The index gained throughout the week and easily approaching

it’s life time high mark with good volume it finally closed with bullish candlestick and bullish crossover on RSI. And overall sentiments of the mar-

ket are bullish. So buy is made if it crosses 27900 for 28100 and 28300 with strict stop loss of 27650

NIFTY BANK WEEKLY OUTLOOK

WEEKLY

R3 27,727.00

R2 27,713.50

R1 27,704.50

Pivot 27,700.00

S1 27,691.00

S2 27,686.50

S3 27,673.00

WEEKLY

CLOSE 27695.50

OPEN 27709

HIGH 27709

LOW 27695.50

CHANGE 339.55

%

CHANGE 1.24

WEEKLY REPORT

6thAug-10thAug

TECHNICAL VIEW

CUMMINSIND FUTURE

CUMMINSIND FUTURE seems to come up for this week, as the stock has been indicating a bullish reversal. Falling since many weeks

it took good support and closed with a bullish candlestick formation on both daily and weekly charts with considerable volume con-

firming upside. So we advise to buy it if it sustains above 710 for 725 and 745 with strict stop loss of 689

WEEKLY RECOMMENDATIONS CUMMINSIND FUTURE .

WEEKLY

R3 717.13

R2 712.63

R1 710.82

Pivot 708.13

S1 706.32

S2 703.63

S3 699.13

WEEKLY

CLOSE 709

OPEN 706.20

HIGH 709.95

LOW 705.45

CHANGE 42.25

%

CHANGE 6.34

WEEKLY REPORT

6thAug-10thAug

TECHNICAL VIEW

UNITED SPIRITS FUTURE

UNITED SPIRITS FUTURE had bullish week.The stock has extended gains this week with good volumes.RSI is also trending up and closed

with a very positive chart pattern last week. So we assume that now it may see some more recovery.So buy it if it sustains above 620 for 645

and 660 with strict stop loss below 595

WEEKLY RECOMMENDATIONS UNITED SPIRITS FUTURE .

WEEKLY

R3 619.83

R2 617.68

R1 616.52

Pivot 615.53

S1 614.37

S2 613.38

S3 611.23

WEEKLY

CLOSE 615.35

OPEN 614.95

HIGH 616.70

LOW 614.55

CHANGE 15.05

%

CHANGE 2.51

WEEKLY REPORT

6thAug-10thAug

TECHNICAL VIEW

VIP INDUSTRIES LTD

VIP INDUSTRIES LTD. has many strong indications. A bullish cross over seen in RSI indicator and MACD also formed bullish pattern. In last

trading session we had seen bullish momentum with good volume and closed with bullish candle last week, so we advise to buy if it sustains

above 538 for target of 560 and 580 with strict stop loss of 490

OUR WEEKLY RECOMMENDATIONS VIP INDUSTRIES LTD(CASH)

WEEKLY

R3 616.83

R2 567.38

R1 547.87

Pivot 517.93

S1 498.42

S2 468.48

S3 419.03

WEEKLY

CLOSE 528.35

OPEN 493.0

HIGH 537.45

LOW 488

CHANGE 38.50

%

CHANGE 7.86

WEEKLY REPORT

6thAug-10thAug

TECHNICAL VIEW

AVANTI FEEDS LTD

AVANTI FEEDS LTD had bullish week.The stock recovered from its bottom and we assume that now it may see some more recovery.So

buy it if it sustains above 520 for 560 and 595 with strict stop loss below 480,

WEEKLY RECOMMENDATIONS AVANTI FEED. LTD(CASH)

WEEKLY

R3 577.85

R2 540.85

R1 525.70

Pivot 503.85

S1 488.70

S2 466.85

S3 429.85

WEEKLY

CLOSE 510.55

OPEN 482

HIGH 519

LOW 482

CHANGE 30.05

%

CHANGE 6.25

WEEKLY REPORT

6thAug-10thAug

Divis Lab: Q1 profit jumps to Rs 266.2 crore versus Rs 176.5 crore; revenue rises to Rs 995.3 crore versus Rs 821.20 crore (YoY).

Mauria Udyog has received export-orders for supply of LPG Cylinders for Rs 147.28 crore during the months of January to July-2018

Jaiprakash Power Ventures: Q1 profit at Rs 4.14 crore versus loss of Rs 19.02 crore; revenue increases Rs 1,083 crore versus Rs 995.92 crore

(YoY).

Suzlon Energy: Q1 loss at Rs 575 crore versus profit at Rs 47.84 crore; revenue falls to Rs 1,277.49 crore versus Rs 2,581.99 crore (YoY).

Munjal Auto Industries: Q1 profit declines to Rs 8.3 crore versus Rs 10.4 crore; revenue rises to Rs 290.3 crore versus Rs 257.36 crore (YoY).

Relaxo Footwears: Q1 profit increases to Rs 45.95 crore versus Rs 37.35 crore; revenue rises to Rs 566.48 crore versus Rs 482.96 crore (YoY).

Action Construction Equipment: Q1 jumps to Rs 16.65 crore versus Rs 3.76 crore; revenue rises to Rs 336.2 crore versus Rs 188.96 crore (YoY).

JSW Holdings: Q1 profit falls to Rs 9.84 crore versus Rs 40.55 crore; revenue slips to Rs 12.71 crore versus Rs 50.85 crore (YoY).

Wockhardt: Q1 loss at Rs 86.2 crore versus loss of Rs 409.66 crore; revenue rises to Rs 1,007.71 crore versus Rs 891 crore (YoY).

Mangalam Cement: Q1 loss at Rs 15.32 crore versus profit of Rs 12.11 crore; revenue rises to Rs 254.2 crore versus Rs 251.6 crore (YoY).

Rico Auto Industries: Q1 profit increases to Rs 15.21 crore versus Rs 13.99 crore; revenue jumps to Rs 349.14 crore versus Rs 273.5 crore (YoY).

Adlabs Entertainment: Q1 loss at Rs 20.85 crore versus loss of Rs 22.51 crore; revenue slips to Rs 84.72 crore versus Rs 86.61 crore (YoY).

Gujarat Alkalies and Chemicals: Q1 profit surges to Rs 183.2 crore versus Rs 95.4 crore; revenue jumps to Rs 752.85 crore versus Rs 544.18

crore (YoY).

STOCKS IN NEWS

WEEKLY REPORT

6thAug-10thAug

WEEKLY PIVOT TABLE

STOCK NAME WEEK CLOSE RES-2 RES-1 PIVOT SUP-1 SUP-2

M&M 911.3 954.9 933.1 921.6 899.8 888.2

MARUTI 9142.4 9751.1 9446.8 9283.4 8979 8815.6

NMDC 106.8 112.3 109.6 106.4 103.7 100.5

NTPC 155.4 161.7 158.6 155.7 152.5 149.6

ONGC 166.4 175.8 171.1 166.1 161.4 156.5

PNB 85.2 91.2 88.2 85.7 82.7 80.3

POWERGRID 188.7 196.5 192.6 186.3 182.4 176.1

RELIANCE 1168.4 1241.3 1204.8 1166.4 1129.9 1091.5

SBIN 293.9 308.9 301.4 294.9 287.4 280.8

SUNPHARMA 580.4 608.9 594.7 573.3 559.1 537.7

TATAMOTORS 260.9 282.5 271.7 260.8 250 239.2

TATAPOWER 72 76.7 74.3 72.6 70.2 68.5

TATASTEEL 554.3 581.2 567.7 554.2 540.7 527.2

TECHM 669 708.8 688.9 667.6 647.7 626.4

ULTRACEMCO 4183.5 4311.2 4247.3 4186.2 4122.3 4061.2

VEDANTA 214.2 240.8 227.5 219.6 206.3 198.5

WIPRO 279.1 287.8 283.4 276.5 272.1 265.2

YESBANK 361.8 382.4 372.1 364.4 354.1 346.3

ZEEL 518.4 540.8 529.6 523.3 512.1 505.8

LT.BO 1281.8 1333.9 1307.8 1294 1267.9 1254.1

LUPIN 864.9 904.3 884.6 847.3 827.6 790.3

INDUSINDBK 2023.1 2075.2 2049.1 2006.2 1980.1 1937.2

KOTAKBANK 1280.2 1343.7 1312 1294.3 1262.6 1244.9

STOCK NAME WEEK CLOSE RES-2 RES-1 PIVOT SUP-1 SUP-2 NIFTY 11244.7 11445.7 11345.2 11290.1 11189.6 11134.5

BANKNIFTY 27356 28065 27710.5 27519.2 27164.7 26973.5

SENSEX 37165.2 37918.2 37541.7 37335.3 36958.8 36752.5

AMBUJACEM 228.8 241.6 235.2 229.1 222.7 216.5

ASIANPAINT 1418.4 1476.2 1447.3 1431.1 1402.2 1386

AXISBANK 547.3 602.9 575.1 556.7 528.9 510.5

BAJAJ-AUTO 2678.6 2829.5 2754.1 2692.6 2617.1 2555.6

BANKBARODA 147.3 160.3 153.8 149.2 142.7 138.2

BHARTIARTL 373 419.5 396.2 375.8 352.5 332.1

BHEL 73.7 76.7 75.2 73.2 71.7 69.8

BPCL 401.8 420.2 411 398.3 389.1 376.5

CIPLA 638.5 663.4 650.9 639.5 627 615.6

COALINDIA 273.6 284.2 278.9 269.6 264.3 255

DRREDDY 2227.9 2354.4 2291.1 2174.7 2111.5 1995.1

GAIL 377.7 395.7 386.7 377.5 368.5 359.4

GRASIM 1014.2 1058.3 1036.3 1018.5 996.4 978.6

HCLTECH 960.5 1003.4 982 962.5 941.1 921.6

HDFC 1932 2096.4 2014.2 1970.8 1888.6 1845.2

HDFCBANK 2130.2 2227.8 2179 2150.2 2101.4 2072.5

HEROMOTOCO 3263.7 3415.7 3339.7 3257.4 3181.4 3099

HINDALCO 207.9 222.4 215.2 209.2 202 196

HINDUNILVR 1748.5 1828.5 1788.5 1719.8 1679.8 1611

ICICIBANK 298.6 314.8 306.7 300.4 292.3 286

IDFC 46.8 51.3 49.1 47.2 44.9 43

WEEKLY REPORT

6thAug-10thAug

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