Daily Equity Trading Report 21-01-2014

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Indian markets edged higher. The rally was largely led by IT stocks with the IT index rising 2.73%. TCS was the biggest gainer. The rupee was trading weak amid gains in the US dollar. China economy grows 7.7% in fourth quarter. Nifty went up by 42 pts, closed at 6303. Sensex up by 141, closed at 21205. Europe markets are trading mixed

Transcript of Daily Equity Trading Report 21-01-2014

Page 1: Daily Equity Trading Report 21-01-2014

Daily Newsletter-Equity 21/01/2014

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Page 2: Daily Equity Trading Report 21-01-2014

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MARKET WRAP

Indian markets closed up. Nifty, Sensex up by 0.68% and 0.67%.

Asia-Pacific markets down. Hang Sng dwn 0.89%, Nikkei 0.59%.

Wall St mixed. German PPI 0.1% (m/m). Dow Futures up 55 pts.

Indian markets edged higher. The rally was largely led by IT stocks with the IT index

rising 2.73%. TCS was the biggest gainer. The rupee was trading weak amid gains in

the US dollar. China economy grows 7.7% in fourth quarter. Nifty went up by 42 pts,

closed at 6303. Sensex up by 141, closed at 21205. Europe markets are trading mixed.

MARKET PERFORMANCE

NSE GAINERS

COMPANY NAME CURRENT PREV. CLOSE(RS) CHANG.(RS) CHAG.(%)

Sharyans Res 46.80 39.00 7.80 20.00

Nucleus Softwar 162.50 135.45 27.05 19.97

Reliance Media 55.15 46.45 8.70 18.73

Onelife Capital 215.40 183.20 32.20 17.58

Sonata 44.10 39.50 4.60 11.65

NSE LOSERS

COMPANY NAME CURRENT PREV. CLOSE(RS) CHANG.(RS) CHAG.(%)

Rushil Decor 53.85 61.20 -7.35 -12.01

Shilpi Cable 20.80 23.30 -2.50 -10.73

Kernex Micro 39.95 42.20 -2.25 -5.33

Tara Jewels 105.65 111.60 -5.95 -5.33

Aplab 22.80 24.00 -1.20 -5.00

Page 3: Daily Equity Trading Report 21-01-2014

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SECTORIAL INDICES

INDEX P. CLOSE OPEN HIGH LOW LAST % CHANGE

CNX NIFTY 6,261.65 6,261.75 6,307.45 6,243.35 6,303.95 0.68

CNX NIFTY JUNIOR

12,337.20 12329.85 12481.45 12326.05 12471.25 1.09

INDIA VIX 15.41 15.41 16.07 14.77 15.35 -0.38

CNX 100 6,145.35 6144.85 6193.55 6129.8 6190.65 0.74

CNX 500 4,841.30 4840.3 4880 4833 4878.25 0.76

CNX MIDCAP 7,727.50 7721.5 7810.05 7721.5 7804.65 1.00

NIFTY MIDCAP 50 2,196.70 2194.75 2229.6 2193.7 2226.35 1.35

BANK NIFTY 10,911.35 10909.9 11022.45 10876.25 11007.5 0.88

CNX ENERGY 7,822.50 7826.7 7837.8 7730.3 7764.15 -0.75

CNX FMCG 16,923.85 16923.3 17137.45 16850.1 17122 1.17

CNX IT 9884.35 9872.2 10165.9 9872.2 10154 2.73

CNX MEDIA 1,759.90 1761.9 1788.75 1761.9 1784.8 1.41

CNX METAL 2,404.75 2405.15 2420.35 2380.25 2409.25 0.19

CNX MNC 6,047.45 6044.85 6079.05 6013.4 6072.05 0.41

CNX PHARMA 7,816.10 7809.4 7848.2 7781.4 7812.6 -0.04

CNX PSE 2597.2 2594.5 2609.75 2585.1 2598.85 0.06

CNX PSU BANK 2,392.60 2385.2 2415.8 2376.7 2410.25 0.74

CNX REALTY 169.70 169.25 171.25 168.4 170.95 0.74

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NIFTY STATS

ADVANCES 29

DECLINES 21

UNCHANGED 00

INDEX MOVERS (PULLING IT UP)

COMPANY NAME CONTRIBUTION

TCS 27.96

Wipro 5.72

ITC 4.84

HCL Tech 4.06

Tata Motors 1.91

INDEX MOVERS (PULLING IT DOWN)

COMPANY NAME CONTRIBUTION

Reliance -5.53

Coal India -1.84

Sun Pharma -1.09

Bharti Airtel -1.07

HUL -0.94

CORPORATE ACTIONS (21-Jan-2014)

COMPANY NAME

Abirami Finance Tata Coffee Indo Thai Secu

AksharChem Colgate Jindal Hotels

Ashok Leyland Emami Paper Kar Mobiles

AP Paper Mills EClerx Services Kotak Mahindra

Adi Rasayan Zensar Tech Lactose India

Asahi Songwon Kemistar Corp Liberty Phos

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FII TRADING ACTIVITY (NSE & BSE) In Crores

CATEGORY DATE BUY VALUE SELL VALUE NET VALUE

FII 20-JAN-2013 2605.65 2220.76 384.89

DII TRADING ACTIVITY (NSE & BSE) In Crores

CATEGORY DATE BUY VALUE SELL VALUE NET VALUE

DII 20-JAN-2013 859.79 1170.26 -310.47

F&O TRADE STATISTICS

PRODUCT NO OF CONTRACTS TURNOVER. IN RS. CR. PUT CALL RATIO

Index Futures 3,27,718 9,994.37 -

Stock Futures 5,13,957 17,442.79 -

Index Options 32,07,061 1,00,362.24 1.12

Stock Options 3,59,019 12,197.71 0.56

F&O Total 44,07,755 1,39,997.12 1.04

ASIAN MARKETS

Name Open High Low Current Value

Change % Chg

Nikkei 225 15724.14 15727.26 15574.23 15641.68 -92.78 -0.59

Hang Seng 23048.13 23089.24 22884.62 22928.95 -204.40 -0.89

Taiwan 8595.59 8636.21 8584.50 8621.56 25.56 0.30

KOSPI 1945.99 1955.28 1934.38 1953.78 9.30 0.48

Jakarta 4408.03 4435.97 4407.88 4431.57 19.34 0.44

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TECHNICAL VIEW

NIFTY

DAILY PIVOT

SCRIPT R4 R3 R2 R1 P S1 S2 S3 S4

NIFTY 6551 6467 6383 6350 6299 6266 6215 6131 6047

OUTLOOK

Trend: - Consolidate

Resistance: - 6350, 6390

Support: - 6250, 6200

Strategy: - Sell On High

NIFTY DAILY

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BANK NIFTY

DAILY PIVOT

SCRIPT R4 R3 R2 R1 P S1 S2 S3 S4

BANK NIFTY 11535 11354 11173 11109 10992 10928 10811 10630 10449

OUTLOOK

Trend: - Consolidate

Resistance: - 11130, 11220

Support: - 10920, 10800

Strategy: - Sell On High

BANK NIFTY DAILY

Page 8: Daily Equity Trading Report 21-01-2014

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Stock Recommendation

CapitalHeight’s stock recommendation for 21/01/2014 is Bharti Airtel Ltd. It

has been trading in down trend from last few months. In today’s trading session it was

down by 1.05%. On the daily chart, it made black candlestick and has taken support at

upward trendline level, if it will be able to breach trendline then we can see more selling

pressure in the stock. It is trading below long and short term moving averages.

Momentum indicator stochastic has also given negative crossover. All the indicators are

suggesting that the stock can see some downside movement from this level. Its short

term resistance level is at 335. One can go for short position in this stock below 306.

The stock may test level of 285 in coming days.

Our recommendation on Bharti Airtel is SHORT below 306 for the Target of 300-294.

Page 9: Daily Equity Trading Report 21-01-2014

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