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Equity WEEKLY REPORT

26-dec-2016

GLOBAL MARKET WEEKLY

INDICES CLOSE CHANGE (%)

DOW JONES 19933.81 0.45

NASDAQ 5462.69 0.47

CAC 40 4839.68 0.13

DAX 11449.93 0.40

FTSE 100 7068.17 0.81

NIKKEI 19427.67 0.14

HANG SENG 21574.76 -2.03

SHANGHAI COM. 3110 -0.45

NIFTY WEEKLY TOP GAINERS

SCRIPT CLOSE CHANGE (%)

GAIL INDIA 431.55 3.96

CIPLA 582.30 2.84

GRASIM INDUS 828.55 1.35

NTPC 161.05 0.66

HDFC BANK 1186.25 0.33

NIFTY WEEKLY TOP LOSERS

SCRIPT CLOSE CHANGE (%)

AXIS BANK 438.10 -7.34

IDEA CELLULAR 70.80 -7.09

HINDALCO 159.30 -6.40

AUROBINDO PHA 647.55 -6.24

ADANI PORTS 262.90 -6.19

INDIAN MARKET WEEKLY OUTLOOK

INDIAN INDICES WEEKLY

INDICES CLOSE CHANGE (%)

NIFTY 7985.75 -1.90

SENSEX 30 26040.70 -1.70

NIFTY 500 6814.90 -2.30

NIFTY BANK 17884.0 -2.30

NIFTY IT 10071.05 -1.48

NIFTY MIDCAP 14077.60 -3.70

NIFTY SMALL CAP 5629.20 -3.29

INDIAN SECTORIAL INDICES WEEKLY

INDICES CLOSE CHANGE (%)

NIFTY PHARMA 10156.65 -4.60

NIFTY AUTO 8987.25 -1.80

NIFTY METAL 2623.10 -4.40

NIFTY FMCG 19592.85 -2.00

NIFTY ENERGY 10062.10 -0.20

NIFTY INFRA 2669.50 -2.40

NIFTY FIN. SER. 7251.30 -2.67

NIFTY SER. SEC.. 10174.90 -2.13

NIFTY MEDIA 2545.90 -0.94

NIFTY REALTY 164.65 -1.81

COMMODITY AND CURRENCY WEEKLY

INDICES CLOSE CHANGE (%)

GOLD COMEX 1134.50 -0.18

GOLD INDIAN 26994 -0.62

SILVER COMEX 15.777 -2.33

SILVER INDIAN 38550 -2.88

WTI CRUDE NY. 53.23 2.30

CRUDE INDIAN 3593 2.36

USD-INR 67.81 0.018

EUR-INR 70.94 -0.07

GBP-INR 83.16 -1.86

JPY-INR 57.82 0.58

NIFTY WEEKLY OUTLOOK

NIFTY 50 ended the week on a negative note

Loosing around 1.90per. Last Week minor sup-

port for the Index lies in the zone of 8100 to

8150 on intraday basis.

Support for the Index lies in the zone of 7900 to

8000 levels from where the Index has bounced

couples of times in recent past and this range is

the Strong Support Zone for the Index.

If Nifty breaks these levels on closing basis the

Index can drift to the levels of Around 7500.

NIFTY WEEKLY

INDEX CLOSE CHANGE CHG.(%)

NIFTY 7985.75 -153.70 -1.88

NIFTY BANK ended the week on negative note

loosing around 2.30 %.

Last week support for the Index lies in the zone

of 18000 to 18100 levels.

If index closes below these levels then the Index

can drift to the levels of 17700 to 17800 where

long term moving averages are lying.

Nifty bank index can drift to the levels of 17000

From where the Index has bounced on Brexit

day.

NIFTY BANK WEEKLY

INDEX CLOSE CHANGE CHG.(%)

NIFTY BANK 17884 -428.80 -2.34

NIFTY BANK WEEKLY OUTLOOK

WEEKLY STOCK CASH RECOMMENDATION

WEEKLY STOCK RECOMMENDATION

WEEKLY STOCK FUTURE RECOMMENDATION

IOC LTD. has given a uptrend confirma-

tion breaking the crucial resistance levels.

The stock is moving in higher bottom

higher top formation with increasing vol-

umes. IOC ltd also gains positive senti-

ments from Crude oil prices . Resistance

lies at 318 and support at 301 levels for the

stock.

Buy IOC Ltd above 311 keeping first tar-

get at 318 and second target at 330 level,

maintaining a stoploss below 301.

IOC LTD

ENTRY TARGET STOPLOSS

311 318 301

BEML FUTURE (29-Dec-16) is rising with

strong volume and increasing open interest.

The stock has given breakout to strong Re-

sistenc level 958 . The support for the BEML

future lies around 890 and resistance around

1030 LEVELS

Buy BEML future above 930 keeping first

target around 965 and second target around

1030 and maintaining a stoploss below 880.

BEML (FUTURE)

ENTRY TARGET STOPLOSS

930 965 880

STOCK IN NEWS

DIVIS LABORATORIES LTD

Divi's Laboratories Limited Has Written To

The Nse, Responding That It's Unit-Ii At Vi-

sakhapatnam, Andhra Pradesh Has Had An

Inspection By The Usfda From November

29- December 6, 2016 And That They Have

Been Issued A Form 483 With 5 Observa-

tions.

The Exchange Had Asked For Their Re-

sponse On The Observations: 1. Proper

Control Not Being Exercised Over Comput-

er System 2. Facility Equipments Not Main-

tained To Ensure Purity Quality Strength 3.

Documentation And Records Not Main-

tained Or Inaccurate Falsified.

TATA CONSULTANCY SERVICES

Tata Consultancy Services (Tcs), A Leading

Global It Services, Consulting And Business

Solutions Organization, Has Been Recog-

nized As A Leader And Star Performer For

Healthcare Payer It Services By Leading

Advisory.

SUN PHARMA

THE COMPANY HAS INFORMED BSE THAT

ONE OF THE WHOLLY OWNED SUBSIDIAR-

IES OF THE COMPANY HAS ACQUIRED

13,000,000 SERIES B PREFERRED

STOCK OF SCPHARMACEUTICALS INC.

CIPLA

Cipla Ltd Ended At Rs 582.75, Up By Rs 22.55

Or 4.03% On The Bse After The Pharma

Company Said It Yielded A Final Approval

For Its Lead Mdi Product Fluticasone + Sal-

meterol (Sereflo) From Uk Mhra (Uk Medi-

cines And Healthcare Products Regulatory

Agency) For Its Partner In The Uk.

TATA STEEL

Tata Steel Has Announced The Execution Of

Definitive Agreements To Acquire 100% Eq-

uity Shares Of Brahmani River Pel-

lets Limited (Brpl) From Aryan Mining And

Trading Corpn Private Limited (Amtc) And

Other Companies In The Moorgate Indus-

tries Group (Mig).

BAJAJ HINDUSTAN SUGAR

Bajaj Hindusthan Sugar Ltd has informed

BSE the Sale of Co-Generation power busi-

ness of aggregating capacity of 449 MW.

Lalitpur Power Generation Company Ltd is

the buyer of the power business.

RCF

Rashtriya Chemicals And Fertilizers Ltd Has

Informed BSE That In Terms Of The Guide-

lines Issued By The Reserve Bank Of India,

The Company Has Issued Commercial Paper.

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 7985.8 8288.6 8210.6 8098.2 8020.1 7907.7 7829.7 7717.3

BANKNIFTY 17884 18691 18503.9 18194 18006.9 17696.9 17509.8 17199.9

SENSEX 26040.7 27040.1 26772.9 26406.8 26139.6 25773.5 25506.3 25140.2

ACC 1294.8 1360.6 1337.4 1316.1 1292.8 1271.5 1248.3 1227

AMBUJACEM 200.1 212.5 209.3 204.7 201.4 196.8 193.6 189

ASIANPAINT 874 951.2 926.6 900.3 875.7 849.4 824.8 798.5

AXISBANK 436.2 497.4 485.1 460.6 448.3 423.9 411.6 387.1

BAJAJ-AUTO 2620 2782.5 2722.4 2671.2 2611.1 2559.9 2499.8 2448.6

BANKBARODA 153.3 166.6 163.6 158.5 155.5 150.4 147.4 142.3

BHARTIARTL 296.5 329.8 320.7 308.6 299.4 287.3 278.2 266.1

BHEL 119.4 127.7 125.5 122.5 120.3 117.3 115.1 112.1

BPCL 611.6 642.8 632.9 622.2 612.3 601.6 591.7 581

CAIRN 245.1 274.2 265.4 255.2 246.4 236.3 227.5 217.3

CIPLA 582 633.9 611.5 596.7 574.4 559.6 537.2 522.4

COALINDIA 287.9 301.4 298 292.9 289.5 284.4 281 275.9

DRREDDY 2987.4 3209.8 3162.4 3074.9 3027.5 2940 2892.6 2805.1

GAIL 433.7 461.8 447.9 440.8 426.9 419.8 405.9 398.8

GRASIM 830.7 863.7 849.4 840 825.7 816.3 802 792.6

HCLTECH 797.3 871.5 854.2 825.7 808.4 779.9 762.6 734.1

HDFC 1224 1311.5 1287.7 1255.9 1232.1 1200.2 1176.4 1144.6

HDFCBANK 1186.1 1215 1202.1 1194.1 1181.3 1173.3 1160.4 1152.4

HEROMOTOCO 3053.9 3308.1 3229.2 3141.5 3062.6 2974.9 2896 2808.3

HINDALCO 159.1 180.5 176.1 167.6 163.2 154.7 150.3 141.8

HINDUNILVR 790 847.1 832.4 811.2 796.6 775.4 760.7 739.5

ICICIBANK 252.2 266.2 262.6 257.4 253.8 248.6 245 239.8

IDEA 70.7 81.7 79.4 75.1 72.8 68.4 66.1 61.8

IDFC 51.7 58 56.4 54.1 52.5 50.1 48.5 46.2

INDUSINDBK 1065.2 1160.7 1130.3 1097.8 1067.4 1034.8 1004.4 971.9

INFY 988.3 1069.5 1045.8 1017 993.3 964.5 940.8 912

ITC 224.9 236.2 233.5 229.2 226.5 222.2 219.5 215.2

KOTAKBANK 713 747.4 736.9 725 714.5 702.6 692.1 680.2

LT 1336 1422.2 1391.3 1363.7 1332.8 1305.2 1274.3 1246.7

LUPIN 1445 1533.3 1513.7 1479.3 1459.7 1425.3 1405.7 1371.3

M&M 1172.7 1249.6 1227.2 1199.9 1177.5 1150.2 1127.80 1100.5

NIFTY STOCKS WEEKLY PIVOT TABLE

SCRIP RECOM ENTRY TGT-1 TGT-2 STOPLOSS STATUS

MARUTI SUZUKI BUY 5510 5800 6300 5150 OPEN POSITION

MBL INFRA BUY 102.50 120 140 87 OPEN POSITION

BHEL BUY 136 145 157 124 OPEN POSITION

HCC BUY 34.60 39.60 45 31.50 OPEN POSITION

TATA ELXSI BUY 1450 1550 1650 1360 OPEN POSITION

SBIN BUY 252.50 270 292 235 OPEN POSITION

TATASTEEL BUY 380 407 440 357.50 OPEN POSITION

AXIS BANK BUY 541 580 620 512 OPEN POSITION

RANE MADRAS BUY 490 530 570 450 OPEN POSITION

EXIDE IND BUY 185 197 210 177 OPEN POSITION

UNION BANK BUY 137.70 146 160 129 OPEN POSITION

RELIANCE COMMUNICATION BUY 47.80 51 55 45.20 OPEN POSITION

OUR MONTHLY 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 5041 5442 5328 5269 5155 5096 4982 4923

NMDC 122 135.3 132.5 127.6 124.8 120 117.2 112.3

NTPC 157.9 171.8 168.3 164.8 161.3 157.8 154.3 150.8

ONGC 192.5 211 207.2 200.1 196.3 189.2 185.4 178.3

PNB 118 131.7 128.6 124.2 121.1 116.7 113.6 109.2

POWERGRID 179 191 188 185 182 179 176 173

RELIANCE 1051 1086.9 1077.9 1068.9 1059.9 1050.9 1041.9 1032.9

SBIN 247.8 276.4 270.5 259.7 253.8 243 237.1 226.3

SUNPHARMA 608 677.8 660.9 641.8 624.9 605.8 588.9 569.8

TATAMOTORS 460 496.5 487.5 477.9 469 459.4 450.4 440.8

TATAPOWER 72.6 84.9 82.1 78.2 75.4 71.4 68.6 64.7

TATASTEEL 387.1 438 427.2 408.8 397.9 379.5 368.7 350.3

TCS 2261.3 2416.6 2380.8 2332.9 2297.1 2249.2 2213.4 2165.5

TECHM 464.6 493.3 487 477.1 470.8 460.9 454.6 444.7

ULTRACEMCO 3068.4 3332.6 3272 3189.5 3128.9 3046.4 2985.8 2903.3

VEDANTA 211.5 249.5 240.8 228.9 220.2 208.3 199.6 187.7

WIPRO 455.4 483 476.8 467.9 461.7 452.8 446.6 437.7

YESBANK 1115 1243 1215.4 1170.1 1142.6 1097.3 1069.7 1024.4

ZEEL 427.7 474.4 462.2 452 439.8 429.7 417.5 407.3

SCRIP RECOM ENTRY TGT-1 TGT-2 STOPLOSS STATUS

CROMPTON GREAVES BUY 63.75 65.5 68 60.20 OPEN POSITION

KOLTE PATIL BUY 100 108 120 93.8 OPEN POSITION

VEDANTA LTD BUY 247 263 300 208 OPEN POSITION

HINDALCO BUY 185 195 210 164 OPEN POSITION

CAIRN INDIA LTD BUY 265 290 340 235 OPEN POSITION

ICICIBANK BUY 270 290 330 250 OPEN POSITION

CHAMBEL FERTILIZER BUY 73 77 84 69 OPEN POSITION

TV18 NETWORK LTD BUY 39.20 43 49 35 OPEN POSITION

IBREALEST LTD BUY 73.50 80 94 60 OPEN POSITION

BHARTI AIRTEL BUY 335 353 389 317 OPEN POSITION

STATE BANK OF INDIA BUY 267 288 312 247 OPEN POSITION

TATASTEEL BUY 433 470 510 403 OPEN POSITION

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