equity weekly report 18.04.2016

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10/1, 2nd Floor, Bharat Bhavan,Near Rani Sati Gate, Yashant Niwas Road Indore-452001 (M.P.) India Mobile :+91-9039261444 E-mail: [email protected] Telephone :+91-731-698.3000 Equity WEEKLY REPORT 18-APRIL-2016

Transcript of equity weekly report 18.04.2016

Page 1: equity weekly report  18.04.2016

10/1, 2nd Floor, Bharat Bhavan,Near Rani Sati Gate, Yashant Niwas Road

Indore-452001 (M.P.) India Mobile :+91-9039261444 E-mail: [email protected] Telephone :+91-731-698.3000

Equity WEEKLY REPORT

18-APRIL-2016

Page 2: equity weekly report  18.04.2016

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.

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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.

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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

Page 5: equity weekly report  18.04.2016

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

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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

Page 7: equity weekly report  18.04.2016

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