Stock Market Reports for the Week (20th - 24th December - 2010)

8/8/2019 Stock Market Reports for the Week (20th - 24th December - 2010)

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The Dow Jones industrial average dropped 7.34 points, or 0.06%, to 11,491.91. The Standpoints, or 0.08%, to 1,243.90. The Nasdaq Composite Index rose 5.66 points, or 0.21%, to 2,

U.S. stocks rose for a third week, sending the Standard & Poor's 500 Index to a two-year hon retail sales, manufacturing and housing boosted confidence in the economic recovery.

The S&P 500 rose 0.3 percent to 1,243.91, completing a three-week rally, the longest stretchpoints, or 0.7 percent, to 11,491.91.

The U.S. economy is picking up speed and may grow by 3 percent to 3.5 percent next year, foGreenspan said. The economy grew at annualized pace of 2.5 percent in the third quarter.falling unemployment claims suggest it is gaining ground.

The benchmark index for U.S. stock options fell to the lowest since April. The VIX, as Volatility Index is known, dropped 8.5 percent to 16.11 this week. The index, which meinsurance against declines in the S&P 500, is down from this year's peak of 45.79 in May.

India's annual industrial output in October grew at its fastest clip in three months, poweredgoods such as cars, though the data is unlikely to prompt the Reserve Bank to raise interest ra

India's food price index rose 8.69%, while the fuel price index climbed 9.99% in the year toThursday showed. In the prior week, a nnual food and fuel inflation stood at 8.60% and 9.99%

The primary articles price index was up 12.66% in the latest week compared with an annuawholesale price index, the most widely watched gauge of prices in India, rose 8.58% in Ocwith 8.62% in September.

High wholesale price index inflation numbers has been a major cause of concern. And, Duvvuri Subbarao says though inflation is coming down, it is still above its tolerance level aencouraging.RBI projects the economy to grow at 8.5% in the fiscal year ending March 2revisit GDP numbers at its quarterly policy in January.

WEEK

WRAP

ASIAN &EMERGING

MARKET

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NIFTY WORLD IND

Shanghai Comp.

DOW Jones

19508.89

5882.62

2898.14

11491.91

5871.80

10303.83

3867.35

Sensex

Nifty

FTSE

Nikkei

CAC 40

Weekly Open

Weekly Low

Weekly High

Weekly Close

Weekly Chg%

Weekly Chg Points

NIFTY Properties

5882.62

5795.90

5956.15

5948.75

+66.13

1.12%

Values CloseWorld Indices We

USMARKET

MICROECONOMIC

FRONT

GLOBAL RESEARCH LIMITEDWE E K L Y S T O C K S R E P O R T

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The SENSEX ended trade on a strong note ahead of a long weekend. After a disastrous fall last week, the NIFTY recovered nearly 200points to end near 5950 level this week. The rally was fueled by RBI's monetary policy, which came out today. The Central Bank kept keypolicy rates unchanged, which helped to boost sentiment of traders and investors in the markets.

The SENSEX was up 217.08 points or 1.10% at 19864.85, and the NIF TY was up 56.45 points or 0.96% at 5948.75.

As per provisional data of December 15, FIIs were net sellers of Rs 87.6 cr in the cash market. F IIs were net sellers of Rs 444 cr in the F&Omarket. DIIs were net sellers of Rs 98 c r in the cash market. FIIs net buy USD 21 million in the cash marke t and MIIs net buy Rs 298.3 cr inthe cash market on Dec 14.

The Reserve Bank of India (RBI) in its credit policy review today has kept key rates unchanged only cutting statutory liquidity ratio (SLR)from 25% to 24% with effect from December 18, 2010 to January 28, 2011.

Asian stocks rose for the second week this month, as steelmakers led gains, after China refrained from raising interest rates and U.S.data improved.

The MSCI Asia Pacific Index climbed 0.4 percent to 133.59 this week. The gauge closed up on three days this week, and rose the most onDec. 13, after China refrained from raising interest rates to cool inflation, and U.S. reports on consumer confidence, the trade deficitand claims for jobless benefits beat forecasts.

“Fears of an interest rate increase in China have not come to fruition so far,” said Tim Schroeders, who helps manage $1 billion inMelbourne at Pengana Capital Ltd. “There's a sense of relief in markets. This may be only temporary as Chinese authorities becomeincreasingly concerned about the possibility of inflationary pressures undermining the economy's longer-term growth prospects.”

> >

> > Broad Based ParticipationTake Index Higher !



Nifty future closed near to its resistance level of 6000 , after volatile session .

Nifty future manages to sustain above 6025 level we can see some more up

move from here. One should take position after proper break out .Resistance

for nifty future is at 6025/6093 and support is at 5880/5800 levels.

Bank nifty saw some recovery after RBI policy and closed near to its days high.Bank nifty manages to sustain above 11700 level we can see up move fromhere .one should take position after proper break out. Resistance for bank

nifty is at 11700/11860 and support is at 11250/11045 level.

WEEK AHEAD BANK NIFTY

16-Dec-2010 3084.00 3093.90

15-Dec-2010 2544.40 2450.10

14-Dec-2010 2458.80 2696.30

13-Dec-2010 3796.20 4762.30

FII’S INVESTMENTS

-10.00

94.30

-237.50

-966.20

15-Dec-2010 583.40 674.20 -90.70

DII’S INVESTMENTS

Indices Buy Value Sell Value Net Value Indices Buy Value Sel l Value Net Value

BANK NIFTY

CNX NIFTY JUNIOR

S&P CNX 500

CN XIT

CNX MIDCAP

CNX 100

11816.35

11527.35

4727.15

6872.10

8523.85

5789.55

11980.65

11623.70

4814.90

7221.65

8772

5879.15

11796.05

11147.45

4688.35

6744.30

8518.50

5721.35

11991.40

11424.15

4794.95

7211.80

8665.10

5862.05

Indices Open High Low Close

SECTORIAL INDICES

WEEK AHEAD SPOT NIFTY

R E S E A R C H

ELGI EQUIPMNT

KHAITAN WEAVN

TWILIGHT LIT

GSS AMERICA

WEIZMANN

67.70

92.10

87.10

165.45

20.20

128.45

194.25

128.60

227.30

27.35

-47.29

-52.59

-32.27

-27.21

-26.14

Scrip Current Close Change Chg %

LOSERS

KS OILS

PRIME SEC

47.30

37.20

ARVIND MILL 64.00

UFLEX 204.15

CREST ANIMAT 84.15

34.20

30.00

52.05

162.60

68.30

38.30

24.00

22.96

25.55

23.21

GAINERS

Scrip Current Close Change Chg %Su

Su

Re

Re

Pro

Su

SuRe

Re

Pro

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WE E K L Y S T O C K S R E P O R T

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14-Dec-2010 603.70 305.30 298.30

13-Dec-2010 697.40 371.40 326.10



W H Y C A N S L I M ?

“CAN SLIM is a formulacreated by William J. O'Neil,who is the founder of theInvestor's Business Daily andauthor of the book How toMake Money in Stocks - AWinning System in GoodTimes or Bad.

Each letter in CAN SLIM standsfor one of the seven chiefcha rac te r i s t i c s tha t a recommonly found in thegreatest winning stocks. TheC-A-N-S-L-I-M.

characteristics are oftenpresent prior to a stock makinga significant rise in price, andmaking huge profits for theshareholders!

O'Neil explains how heconducted an intensive studyof 500 of the biggest winnersin the stock market from 1953to 1990. A model of each ofthese companies was built andstudied. Again and again, itwas noticed that almost all ofthe biggest stock marketwinners had very similarcharacteristics just before theybegan their big moves.”

Primary FactorsAlmost 88.21% of increase in Q o Q Earnings.

KEY STATISTICS

C Current Quarter Earning per Share. The Higher The Bet

Primary FactorsAnnual Earnings showed an increase of 231.88% Y o Y.

A

Primary FactorsJAYSHREE TEA & INDUST. LTD. is set to break out itafter a good consolidation phase.

N

Primary Factors

JAYSHREE TEA & INDUST. LTD. is a large cap stocconsisting of approx Rs. 3047.5 crores SharesOutstanding (Total Public Shareholding)

S Supply and Demand: Shares Outstanding Plus Big VoluDemand.

Primary FactorsJAYSHREE TEA & INDUST. LTD. is a leading stock wita relative strength 44.89% in Weekly and 40.63% inDaily.

LLeader or Laggard: Which is your stock?

Primary Factors

Approximately 7.63% of Shares are held by theInstitutional Investors (FII”s, Mutual Funds etc.)

I Institutional Sponsorship: Follow the Leaders.

Primary Factors

If Market continues to remain in a secular uptrend,hence overall conditions are appropriate to initiatelong position in the stock: A Big plus for the Stock.

MMarket Direction

Annual Earnings Increases: Look for a significant grow

New Products, New Management, New Highs, Buying Right Time.

TECHNICAL PICTURE

Company Name

52 Week High

% From High

Jayshree tea made long consolidation in last week after sharp

fall. It's now moving in a range of 156-164 and if it m anages

to sustain above 165 levels we can see more up move from

here. We recommend buying above 165 level for the target

of 170/175/180 with stop loss of 156 .

TECHNICALS

Support

Resistance

156

165

Jayshree TeaIndices

STOCK OF THE WEEK

R E S E A R C H

BUY

Symbol

Change

Volume

Day High

EP S

JAYSHREE TEA & INDUST. LTD.

416.95

-60.87%

JAYSREETEA (NSE)

Rs. 5.90

123246

164.60

32.10

Rs.163.15Price

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JAYSHREE TEA & INDUST. LTD.



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Stock Market Reports for the Week (20th - 24th December - 2010)

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