Intraday Tips | Commodity Tips | MCX Tips | Agri Commodity Tips

Weekly Newsletter22/11/2010

Weekly Newsletter-Equity

www.Capitalheight.com

Capitalheight.com

www.capitalheight.com

[email protected]

Phone- (0731)4295950

Weekly Newsletter

Contents

Market Wrap

Market Performance

NSE Gainers

NSE Losers

NIFTY Five Days Up

World Indices

Indian Equity Market

Technical Analysis

Nifty Spot

Bank Nifty Future


[email protected]

Phone- (0731)4295950

MARKET WRAP

Indian market ends down for 2nd consecutive week, Nifty ends below 5900 at 5890

India’s food inflation eases to 10.30 vs.12.30% and fuel inflation down at 10.57%.

Global markets ended mixed with Dow Jones & S&P ending with moderate gains.

Indian equity markets ended down for second consecutive week as Nifty sliced down

3% and shredded 181.35 pts to settle below the crucial level of 5900 to settle at 5890

while Sensex sliced down 571 pts to settle at 19585. Nifty touched the weekly low of

5863 while Sensex tested 19500. Bank nifty was worst hit as it plunged 3.59 and lost

450 pts to settle at 12086 after testing the crucial support of 12020. Bankex slipped

down 3.40% while realty was worse hit, down 9.20%

India’s food price inflation eased for fifth consecutive week as it came down at 10.30%

vs. 12.30% while fuel price inflation came down at 10.57% vs. 10.67% earlier. The

headline WPI inflation was 8.58% which is expected to further ease down owing to new

arrivals of crops, also, the prices of crucial elements of WPI like rice, milk, vegetables

and pulses eased. The recent govt. data showed imports in Oct slipped to its lowest

level in seven years as it came down by 6.8% at $27.7 Bn.

Global equity markets ended mixed post China’s long expected rate hike to control

inflation. The major indices like DJIA ended with moderate gains adding 22 pts to settle

at 11203.55 while S&P ended up at 1199.73. Though, US core CPI & industrial

production came flat. Hangseng slipped to 23605, down 616 pts or 2.55%. In Euro

zone, FTSE ended at 5732, down 64 pts while CAC ended at 3860 despite positive Zew

economic sentiment, up at 13.8 & GBP CPI up at 3.2% vs. 3.1%.


[email protected]

Phone- (0731)4295950

MARKET PERFORMANCE

NSE GAINERS

Company Name Current(Rs.) Prev. Close (Rs.) Change (Rs.) Change (%)

Educomp 604.90 508.95 95.95 18.85

Sah Petroleums 26.95 23.85 3.10 13.00

Hindustan Dorr 135.55 125.95 9.60 7.62

Amtek India 65.25 61.00 4.25 6.97

Idea Cellular 73.90 69.55 4.35 6.25

NSE LOSERS

Company Name Current(Rs.) Prev. Close (Rs.) Change (Rs.) Change (%)

Agro Dutch Ind 16.75 27.40 -10.65 -38.87

TRF 578.35 860.90 -282.55 -32.82

Hitachi Home 227.95 313.15 -85.20 -27.21

Celebrity Fashions 24.80 34.00 -9.20 -27.06

Shreyans Ind 32.00 43.75 -11.75 -26.86

NIFTY - 5 DAYS UP

Company Name Current(Rs.) Prev. Close (Rs.) 5 Days ago

(Rs.)

5 Days Return

(%)

Airtel 328.45 309.65 18.80 6.07

Hero Honda 1944.50 1833.80 110.70 6.04

L&T 2048.60 2038.35 10.25 0.50

Power Grid 101.90 101.40 0.50 0.49

GAIL 490.40 489.15 1.25 0.26


[email protected]

Phone- (0731)4295950

WORLD INDICES

Indices Country Date Index Net Change Change (%)

Hang Seng Hong Kong 19-Nov-10 23,605.71 -616.87 -2.55

Jakarta Composite

Indonesia 19-Nov-10 3,725.05 59.20 1.61

Nikkei 225 Japan 19-Nov-10 10,022.39 297.58 3.06

KLSE Composite

Malaysia 19-Nov-10 1,506.05 6.24 0.42

Straits Times

Singapore 19-Nov-10 3,197.37 -54.63 -1.68

Seoul Composite

South Korea 19-Nov-10 1,940.96 27.84 1.46

FTSE 100 United

Kingdom 20-Nov-10 5,732.83 -64.04 -1.10

Nasdaq United States 20-Nov-10 2,518.12 -0.09 0.00

DJIA United States 20-Nov-10 11,203.55 10.97 0.10

S&P 500 United States 20-Nov-10 1,199.73 0.52 0.04

INDIAN EQUITY MARKET

INDICES VALUE CHANGE % CHANGE

NIFTY 5,890.30 -181.35 -2.99

BANK NIFTY 12,086.70 -450.40 -3.59

SENSEX 19,585.44 -571.45 -2.84

TECHNICAL

WEEKLY PIVOT

INDICES R4 R3

NIFTY 6994 6714 6434

OUTLOOK

Trend:- Consolidate

Resistance:- 5975

Support:- 5780, 5680

Strategy:- Sell on highs

[email protected]

ECHNICAL VIEW

NIFTY

R2 R1 P S1 S2

6434 6253 6154 5973 5874

Consolidate

5975, 6075

5680

Sell on highs

NIFTY WEEKLY


[email protected]

Phone- (0731)4295950

S3 S4

5594 5314

WEEKLY PIVOT

SCRIPT R4 R3

BANK NIFTY 14775 13955

OUTLOOK

Trend:- Consolidate

Resistance:- 12350

Support:- 11840,

Strategy:- Sell on highs

[email protected]

BANK NIFTY

R2 R1 P S1 S2

13955 13135 12611 12315 11791 11495

Consolidate

12350, 12520

, 11700

on highs

BANK NIFTY WEEKLY


[email protected]

Phone- (0731)4295950

S2 S3 S4

11495 10675 9855


[email protected]

Phone- (0731)4295950

Disclaimer

The information and views in this report, our website & all the service we provide are believed to be reliable, but we do not

accept any responsibility (or liability) for errors of fact or opinion. Users have the right to choose the product/s that suits

them the most.

Sincere efforts have been made to present the right investment perspective. The information contained herein is based on

analysis and up on sources that we consider reliable.

This material is for personal information and based upon it & takes no responsibility

The information given herein should be treated as only factor, while making investment decision. The report does not

provide individually tailor-made investment advice. Capitalheight recommends that investors independently evaluate

particular investments and strategies, and encourages investors to seek the advice of a financial adviser. Capitalheight shall

not be responsible for any transaction conducted based on the information given in this report, which is in violation of rules

and regulations of NSE and BSE.

The share price projections shown are not necessarily indicative of future price performance. The information herein,

together with all estimates and forecasts, can change without notice. Analyst or any person related to Capitalheight might be

holding positions in the stocks recommended. It is understood that anyone who is browsing through the site has done so at

his free will and does not read any views expressed as a recommendation for which either the site or its owners or

anyone can be held responsible for . Any surfing and reading of the information is the acceptance of this disclaimer.

All Rights Reserved.

Investment in Commodity and equity market has its own risks.

We, however, do not vouch for the accuracy or the completeness thereof. we are not responsible for any loss incurred

whatsoever for any financial profits or loss which may arise from the recommendations above. Capitalheight does not

purport to be an invitation or an offer to buy or sell any financial instrument. Our Clients (Paid Or Unpaid), Any third party or

anyone else have no rights to forward or share our calls or SMS or Report or Any Information Provided by us to/with anyone

which is received directly or indirectly by them. If found so then Serious Legal Actions can be taken.

Intraday Tips | Commodity Tips | MCX Tips | Agri Commodity Tips

Documents

Transcript of Intraday Tips | Commodity Tips | MCX Tips | Agri Commodity Tips