Trade Nivesh weekly Report 28.03.2016

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10/1, 1st 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 28-MARCH-2016

Transcript of Trade Nivesh weekly Report 28.03.2016

Page 1: Trade Nivesh weekly Report  28.03.2016

10/1, 1st 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

28-MARCH-2016

Page 2: Trade Nivesh weekly Report  28.03.2016

GLOBAL MARKET WEEKLY

INDICES CLOSE CHANGE (%)

DOW JONES 17515.73 -0.49

NASDAQ 4773.50 -0.46

CAC 40 4329.68 -2.98

DAX 9851.35 -1.00

FTSE 100 6106.48 -1.34

NIKKEI 17002.45 1.66

HANG SENG 20345.61 -1.58

SHANGHAI

COMPOSIT

2979.43 0.82

INDIAN INDICES WEEKLY

INDICES CLOSE CHANGE (%)

SENSEX 30 25337.56 1.54

NIFTY 500 6423.70 1.60

NIFTY BANK 15887.75 1.49

NIFTY IT 11228.15 0.61

NIFTY MIDCAP 12636.75 1.86

NIFTY SMALL CAP 4874.05 1.17

NIFTY DAILY TOP GAINER

SCRIPT CLOSE CHANGE (%)

HINDALCO 91.30 4.94

IDEA CELL. 104.95 2.84

TATA STEEL 317.20 2.39

BHARTI AIR. 358.20 2.08

YES BANK 849.25 2.05

NIFTY DAILY TOP LOSERS

SCRIPT CLOSE CHANGE (%)

RELIANCE IND. 1029.20 -1.78

BANK BARODA 144.00 -1.71

LUPIN 1524.15 -1.61

PNB 84.70 -1.45

GAIL INDIA 356.10 -1.37

INDIAN MARKET

INDEX CLOSE CHANGE CHANGE %

NIFTY 7716.50 112.15 1.47

NIFTY WEEKLY OUTLOOK

The Nifty index has now reached yet another

landmark of 7700 within no time. As of now, we

do not see any weakness on charts. One can

adopt a cautious approach if Nifty reaches 7780

strong resistance levels by booking timely prof-

its, but shorting is strictly avoided.

On the sectoral front, this week’s rally was

mainly led by the Metal, Realty and Banking

conglomerates. The Nifty ended the week with

a decent gain of 1.47% over the previous

week’s closing.

Page 3: Trade Nivesh weekly Report  28.03.2016

STOCK IN NEWS

NIFTY BANK WEEKLY OUTLOOK

The Nifty Bank index has performed better as

compare to all Nifty constituents. Nifty Bank

indexed sustain positively move, and the in-

dex has closed around the resistance zone of

15830 to 15950. In technical term it is facing

strong resistance zones and has formed small

uncertainty in daily chart.

The overall momentum in the stocks within

the sector continued to be positive. Unless any

signs of reversal seen.

NIFTY BANK WEEKLY

INDEX CLOSE CHANGE CHG.(%)

NIFTY BANK 15887.75 232.90 1.49

MARUTI SUZUKI

Maruti Suzuki will start deliveries of its newly

launched compact SUV, Vitara Brezza, to cus-

tomers from March 25. The vehicles will be re-

tailed from the company’s over 1,800 sales outlets

spread across India.

KESORAM INDUSTRIES

Kesoram Industries has sold its investments in

listed companies worth Rs 4bn to Birla group

holding company, Pilani Investments. The move

is part of an attempt to reduce its debt worth Rs

40bn and improve cash flows.

IDBI BANK

IDBI Bank plans to raise Rs 200bn from bonds in

one or more tranches next fiscal to fund business

growth.

JINDAL STEEL

Jindal Steel and Power Limited has commissioned a

1.4 mtpa Rebar Mill at Sohar, Oman. It is the largest

in Gulf and African region and along with the exist-

ing 2 MTPA SMS makes JSPL’s Jindal Shadeed the

largest integrated steelmaker in Oman.

NTPC LTD

NTPC Ltd has informed BSE that the Unit-I of 250

MW of Nabinagar Thermal Power Station of Bharti-

ya Rail Bijlee Company Limited (A subsidiary Com-

pany of NTPC ) has been commissioned on March

20, 2016.

INDIABULLS HOUSING FINANCE

Indiabulls Housing Finance will raise Rs 5,100 mn

by issuing non-convertible debentures through pri-

vate placement.

Page 4: Trade Nivesh weekly Report  28.03.2016

WEEKLY STOCK CASH RECOMMENDATION

WEEKLY STOCK RECOMMENDATION

WEEKLY STOCK FUTURE RECOMMENDATION

STAR INDIA LTD. In daily chart con-

solidated last two week, and formed

support level. After consolidation it

may ready for upside breakout, if con-

tinue follow this trend then it may touch

the level 1132 and 1184 respectively.

Buy STAR INDIA LTD. Above 1075

and the first target of 1132 and second

target of 1184 with maintain stop loss

1035.

STAR INDIA LTD.

ENTRY TARGET STOPLOSS

1075 1132-1184 1035

IDEA CELLULAR Fut.(31-Mar-16) In

weekly chart has formed strong reversal

signal, If daily basis it may break strong

resistance level 106.50 then touch the up-

per level 112 and 117 respectively.

Buy IDEA CELLULAR Fut(31-Mar-16)

Above 106.50 and the first target of 112

and second target of 118 with maintain

stop loss 101.

IDEA CELLULAR (FUTURE)

ENTRY TARGET STOPLOSS

106.50 112-118 101

Page 5: Trade Nivesh weekly Report  28.03.2016

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 7716.5 7867.7 7798 7757.2 7687.5 7646.7 7577 7536.2

BANKNIFTY 15887.8 16224.2 16096 15991.9 15863.7 15759.6 15631.4 15527.3

SENSEX 25337.6 25876.2 25628.8 25483.2 25235.7 25090.1 24842.7 24697.1

ACC 1367.7 1461.1 1430.6 1399.1 1368.6 1337.1 1306.6 1275.1

AMBUJACEM 227.9 246.5 240.2 234.1 227.8 221.6 215.3 209.2

ASIANPAINT 849.5 896.6 885.8 867.7 856.9 838.7 827.9 809.8

AXISBANK 437.9 458.8 453.2 445.5 439.9 432.2 426.6 418.9

BAJAJ-AUTO 2356.9 2458.7 2411.4 2384.1 2336.8 2309.5 2262.2 2234.9

BANKBARODA 144.2 152 149.9 147 144.9 142.1 140 137.1

BHARTIARTL 355.7 381.8 371.6 363.6 353.4 345.4 335.2 327.2

BHEL 116.2 125.8 121.8 119 115 112.2 108.2 105.4

BPCL 869.2 912 899.9 884.6 872.5 857.1 845 829.7

CAIRN 158.5 167 163.3 160.9 157.2 154.8 151.1 148.7

CIPLA 532.7 552.7 545.9 539.3 532.4 525.8 519 512.4

COALINDIA 297.7 306.6 303.1 300.4 297 294.3 290.8 288.1

DRREDDY 3041 3319.2 3259.5 3150.3 3090.6 2981.4 2921.7 2812.5

GAIL 355.5 378.2 373.3 364.4 359.6 350.7 345.8 336.9

GRASIM 3772 4039.5 3933.3 3852.6 3746.4 3665.7 3559.5 3478.8

HCLTECH 817 845.1 838.1 827.5 820.5 809.9 802.9 792.3

HDFC 1160 1225.9 1200 1180 1154 1134 1108.1 1088.1

HDFCBANK 1049 1084 1070.3 1059.7 1046 1035.3 1021.6 1011

HEROMOTOCO 2869.9 3101.3 3008 2938.9 2845.6 2776.5 2683.2 2614.1

HINDALCO 90.8 101 96.3 93.6 88.9 86.2 81.5 78.8

HINDUNILVR 872.7 924 903.5 888.1 867.6 852.2 831.7 816.3

ICICIBANK 233.3 240.7 238.2 235.7 233.2 230.7 228.2 225.7

IDEA 104.8 112 109.3 107 104.3 102 99.3 97

IDFC 38.2 39.4 39 38.6 38.2 37.8 37.4 37

INDUSINDBK 926.8 949.3 943.1 935 928.8 920.7 914.5 906.4

INFY 1208.8 1261 1235.9 1222.3 1197.2 1183.6 1158.5 1144.9

ITC 323.2 348.7 342.4 332.8 326.6 317 310.7 301.1

KOTAKBANK 662 697.5 686.7 674.3 663.5 651.1 640.3 627.9

Page 6: Trade Nivesh weekly Report  28.03.2016

NIFTY STOCKS WEEKLY PIVOT TABLE

SCRIP RECOM ENTRY TGT-1 TGT-2 STOPLOSS STATUS

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

LT 1238 1313.3 1280.7 1259.4 1226.8 1205.5 1172.9 1151.6

LUPIN 1524 1634.5 1603.3 1563.6 1532.4 1492.7 1461.5 1421.8

M&M 1243.3 1317.1 1291.5 1267.4 1241.8 1217.7 1192.1 1168

MARUTI 3723.1 3915.4 3829.7 3776.4 3690.7 3637.4 3551.7 3498.4

NMDC 101.5 109.1 105.6 103.5 100 97.9 94.4 92.3

NTPC 127.3 131.1 130 128.6 127.5 126.1 125 123.6

ONGC 214.5 225.7 222.4 218.5 215.2 211.2 207.9 204

PNB 84.5 89.9 88.7 86.6 85.4 83.3 82.1 80

POWERGRID 137.3 142.1 140.7 139 137.6 135.9 134.5 132.8

RELIANCE 1027.3 1075.4 1063.8 1045.5 1034 1015.7 1004.1 985.8

SBIN 196.3 203.9 201.1 198.7 195.8 193.4 190.6 188.2

SUNPHARMA 842.5 892.6 872.3 857.4 837.1 822.2 801.9 787

TATAMOTORS 376 398.8 390.2 383.1 374.4 367.3 358.7 351.6

TATAPOWER 62.6 69.5 66.5 64.5 61.5 59.5 56.5 54.5

TATASTEEL 317 340.3 329.1 323.1 311.9 305.8 294.6 288.6

TCS 2479.6 2572.9 2530.4 2505 2462.5 2437.1 2394.6 2369.2

TECHM 479.1 517.2 507.8 493.4 484 469.7 460.3 445.9

ULTRACEMCO 3190.1 3420.3 3342.7 3266.4 3188.7 3112.4 3034.8 2958.5

VEDANTA 96.2 104.5 101.3 98.8 95.6 93 89.8 87.3

WIPRO 557.9 586.9 574.6 566.3 554 545.7 533.4 525.1

YESBANK 848 901.4 876.6 862.3 837.5 823.2 798.4 784.1

ZEEL 387.5 403.8 399.6 393.6 389.4 383.4 379.2 373.2

Page 7: Trade Nivesh weekly Report  28.03.2016

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