slide 1: WEEKLY REPORT
24 Apr. to 28 Apr. 2017
Trade House 426 Alok Nagar Kanadia Main Road Near Bangali Square
Indore-452001 M.P. India Mobile :+91-9039261444
E-mail: infotradenivesh.in Telephone :+91-731-698.3000
24 Apr. to 28 Apr. 2017
Monday-Friday
slide 2: WEEKLY REPORT
24 Apr. to 28 Apr. 2017
2
MARKET SUMMARY
Nifty index negated its formation of making lower lows of last nine trading sessions and
formed a Bullish candle on the daily chart. Candlestick pattern for last two days resem-
bles a bullish engulfing pattern. However short-term bullish reversal on chart with stock
specific buying interest indicates that bulls are not ready to lose their grip by looking at
major market trend. Companies results also affect the market trend. U.S. and South Ko-
rean officials have been saying for weeks that the North could soon stage another nuclear
test something the United States China and others have warned against . Due to expiry
of FO Market we can see the changes in the market.
INDIAN SECTORIAL INDICES
INDICES
CHANGE
weekly
NIFTY AUTO 9858.80-0.48
NIFTY BANK 21551.45 -0.62
NIFTY FMCG 23229.80 -1.18
NIFTY IT 10008.15-0.55
NIFTY AUTO 9858.80 -0.48
NIFTY METAL 2905.25 -2.68
NIFTY PHARMA 10208.50 -3.07
NIFTY INFRA 3196.95 1.16
NIFTY ENERGY 12193.80 0.71
NIFTY REALTY 164.20 -33.33
INDICES VALUE CHANGE weekly
CHANGE
weekly
NIFTY 9119.40 -31.4 -0.34
SENSEX 29365.30 -96.15 -0.32
BANK NIFTY 21551.45 -135.15 -0.62
INDIAN MARKETS
slide 3: WEEKLY REPORT
24 Apr. to 28 Apr. 2017
3
Losers of the Week
Symbol CMP change
SUN PHARMA
IND
639.60 -7.67
ICICI BANK 269.15 -4.83
COAL INDIA 277 -4.83
YES BANK 1544.15 -4.47
AXIS BANK 486.25 -4.20
Gainers of the Week
Symbol CMP change
GRASIM IND. 1129.75 7.53
GAIL INDIA 399.50 5.21
HDFC BANK 1496.60 3.91
INDIABULLS
HUSING
989.90 3.46
POWER GRID 205.60 2.80
GLOBAL INDICES WEEKLY
U.S.
DJIA SP 500 NASDAQ
205480.5 23490.8 59111.8
EUROPEAN
CAC 40 DAX FTSE 100
5059.20-0.23 12048.57-0.49 7114.55-2.90
ASIAN
NIKKEI HANG SENG SHANGHAI COM.
18620.751.55 24042.02-0.90 3173.15-2.19
MOVERS SHAKERS LAST WEEK
INDIAN CURRENCY WEEKLY
USD-INR EUR-INR GBP-INR JPY-INR USD INDEX
64.49
0.21
69.15
0.66
82.64
2.22
59.19
0.10
99.66
-0.82
slide 4: WEEKLY REPORT
24 Apr. to 28 Apr. 2017
4
RELIANCE Results/Dividend 24-Apr-17
SANWARIA Results/Others 24-Apr-17
WENDT Results/Dividend 24-Apr-17
ULTRACEMCO Results/Dividend 24-Apr-17
HEXAWARE Results/Dividend 24-Apr-17
IBULHSGFIN RALLIS Results/Dividend 24-Apr-17
INDIANB Results/Dividend 25-Apr-17
SWARAJENG Results/Dividend 25-Apr-17
ICICIPRULI Results/Dividend 25-Apr-17
MMFIN Results/Dividend 25-Apr-17
LICHSGFIN Results/Dividend 25-Apr-17
WELSPUNIND NUCLEUS Results/Dividend 25-Apr-17
ZEELEARN Results/Dividend 25-Apr-17
NUCLEUS Results/Dividend 25-Apr-17
KKCL Results/Dividend 25-Apr-17
CANFINHOME Results/Dividend 25-Apr-17
ZENSARTECH Results/Dividend 25-Apr-17
IDFCBANK Results/Dividend 25-Apr-17
PERSISTENT Results/Dividend 25-Apr-17
LICHSGFIN Results/Dividend 25-Apr-17
WIPRO Results/Dividend 25-Apr-17
LAKSHVILAS Results/Dividend 26-Apr-17
AXISBANK Results/Dividend 26-Apr-17
GICHSGFIN Results/Dividend 26-Apr-17
KPIT Results/Dividend 26-Apr-17
TATASPONGE Results/Dividend 26-Apr-17
STRTECH SUPPETRO Results/Dividend 26-Apr-17
HIL SQSBFSI SYNGENE Results/Dividend 27-Apr-17
KOKUYOCMLN Results/Dividend 27-Apr-17
MOTILALOFS Results/Dividend 27-Apr-17
UTTAMSUGAR Results/Others 27-Apr-17
BIOCON Results/Dividend 27-Apr-17
HATSUN Results/Others 27-Apr-17
BIOCON Results/Others 27-Apr-17
UJJIVAN Results/Dividend 27-Apr-17
RELCAPITAL Results/Dividend 27-Apr-17
SRTRANSFIN Results/Dividend 27-Apr-17
MARUTI Results/Dividend 27-Apr-17
KOTAKBANK Results/Dividend 27-Apr-17
TATAELXSI Results/Dividend 27-Apr-17
HATSUN Results/Dividend 27-Apr-17
DEEPAKNTR Results/Dividend 28-Apr-17
RAYMOND Results/Others 28-Apr-17
NAVINFLUOR Results/Dividend/Stock-split 28-Apr-17
CEATLTD Results/Dividend 28-Apr-17
CHOLAFIN Results/Dividend 28-Apr-17
UPL NAVINFLUOR Results/Dividend 28-Apr-17
FEDERALBNK Results/Dividend 28-Apr-17
SEINV Results/Dividend 28-Apr-17
SUPREMEIND Results/Dividend 28-Apr-17
COROMANDEL Results/Dividend 28-Apr-17
KITEX Results/Dividend/Bonus 28-Apr-17
IDFC Results/Dividend 28-Apr-17
RUSHIL ASTRAMICRO Results/Dividend 29-Apr-17
CORPORATE ACTIONS THIS WEEK
Symbol Purpose Date Symbol Purpose Date
slide 5: WEEKLY REPORT
24 Apr. to 28 Apr. 2017
5
RESUL TS CALENDER OF THIS WEEK
Symbol Purpose Date
BRFL Preferental issue 25-Apr-17
MMFIN Meetng Updates 25-Apr-17
SHILPI Board Meetng Adjourned 25-Apr-17
IPCALAB ESOPs/ESOS/ESPS 25-Apr-17
Symbol Purpose Date
PENINLAND Raising of Funds 24-Apr-17
BRIGADE Raising of Funds 25-Apr-17
NUCLEUS Buyback 25-Apr-17
IPCALAB ESOPs/ESOS/ESPS 25-Apr-17
PRAKASHCON Scheme of Arrangement 26-Apr-17
SRIPIPES Raising of Funds 29-Apr-17
JSWHL TIMESGTY 24-Apr-17
RAJASPETRO IPAPPM RAJASPETRO ANANDAMRUB PERSISTENT 25-Apr-17
TATASPONGE FOSECOIND KSBPUMPS 26-Apr-17
TFL MENONBE MAHINDCIE GTL IBVENTURES SYNGENE IBREALEST TVSMOTOR GTLINFRA MARALOVER 27-Apr-17
BIRLAMONEY ACROPETAL DICIND UNIENTER AMBUJACEM RPGLIFE VSSL MAHLIFE UTTAMSTL COROMANDEL ASAL KESORAMIND SHIRPUR-G 28-Apr-17
UVSL JSWENERGY INDOWIND MOREPENLAB 29-Apr-17
OTHER CORPORATE ACTIONS THIS WEEK
slide 6: WEEKLY REPORT
24 Apr. to 28 Apr. 2017
6
TECHNICAL VIEW
NIFTY FUTURE is looking weak technically it is giving sell signals on both daily and weekly charts. As expected the index is respect-
ing the breakout of small “Head Shoulders” pattern on daily charts and on weekly charts it is preparing red bearish candles since
last three weeks. Though Nifty traded in very small range it seems that it will soon test 9000 level which is a neckline support of “
DOUBLE TOP” in the index. But for now we advise a sell from 9150 for the targets of 9030 and 8900 with strict stop loss of 9300.
.
NIFTY WEEKL Y OUTLOOK
WEEKLY
R3
9342.6
R2
9280.2
R1
9199.8
Pivot
9137.5
S1
9057.1
S2
8994.7
S3
8914.3
WEEKLY
CLOSE
9119.40
OPEN
9144.75
HIGH
9217.90
LOW
9075.15
CHANGE
-31.4
CHANGE
-0.34
slide 7: WEEKLY REPORT
24 Apr. to 28 Apr. 2017
7
TECHNICAL VIEW
BANKNIFTY last week stayed weak. Even after preparing a bullish candlestick pattern it could not sustain above the high. And lost
some gains. The index is preparing “Double Top” chart pattern on the high but soon it has a support near current low and it seems as
if it will respect that level. So if it crosses that support and sustains below it than only the pattern will succeed. Till than we feel bank
nifty will see some gains so sell it from some high around 21600 for the targets of 21400 and 21200 with strict stop loss of 21830.
.
NIFTY BANK WEEKL Y OUTLOOK
WEEKLY
R3
22431
R2
22189
R1
21870.2
Pivot
21628.2
S1
21309.4
S2
21067.4
S3
20748.6
WEEKLY
CLOSE
21551.5
OPEN
21700.50
HIGH
21947.00
LOW
21386.20
CHANGE
-135.15
CHANGE
-0.62
slide 8: WEEKLY REPORT
24 Apr. to 28 Apr. 2017
8
TECHNICAL VIEW
DLF FUTURE 27 -April-2017
DLF FUTURE is a buy counter this week. The stock has outperformed with more than 6 gains on Friday. Realty industry has some
good news so stocks have volatility. DLF has broken an important resistance and closed above it on weekly and daily charts. So we
advise to buy it above 189 for the targets of 191.5 and 194 sl 187.
WEEKL Y RECOMMENDATIONS DLF FUTURES
WEEKLY
R3
236.37
R2
206.42
R1
194.63
Pivot
176.47
S1
164.68
S2
146.52
S3
116.57
WEEKLY
CLOSE
182.85
OPEN
160.70
HIGH
188.25
LOW
158.30
CHANGE
22.30
CHANGE
13.88
slide 9: WEEKLY REPORT
24 Apr. to 28 Apr. 2017
9
TECHNICAL VIEW
HINDUSTAN ZINC FUTURE SELL 27 -April-2017:-
HINDUSTAN ZINC FUTURE is a selling counter for this week. The scrip announced very good Q4 results yet it could not maintain the
gains and on contrast it fell down to close with a bearish candlestick. It has a “Flag” kind of chart pattern on weekly charts which
gives upside breakout but the scrip is yet to touch the low for that so we advise you to sell it from some upper level around 275 for
the targets of 271 and 267 with strict stop loss of above 280.
WEEKL Y RECOMMENDATIONS HINDZINC FUTURE
WEEKLY
R3
314.07
R2
294.87
R1
283.63
Pivot
275.67
S1
264.43
S2
256.47
S3
237.27
WEEKLY
CLOSE
273.40
OPEN
282.95
HIGH
286.90
LOW
267.70
CHANGE
-9.1
CHANGE
-3.22
slide 10: WEEKLY REPORT
24 Apr. to 28 Apr. 2017
10
TECHNICAL VIEW
SHIVAM AUTO BUY
SHIVAM AUTO this week seems to be good pick to buy. The stock has a clear “Double bottom” chart pattern on the extreme bottom
and since consecutive 3 weeks the stock is preparing good green candlesticks and good volumes. The volume rose spontaneously in
last session and the scrip is near breakout now. So we advise to buy it from around 59-59.5 for the targets of 61 and 63 with strict
stop loss of 57.5.
OUR WEEKLY RECOMMENDATIONS SHIVAM AUTO CASH
WEEKLY
R3
79.67
R2
67.42
R1
63.33
Pivot
55.17
S1
51.08
S2
42.92
S3
30.67
WEEKLY
CLOSE
59.25
OPEN
50.00
HIGH
59.25
LOW
47.00
CHANGE
10.00
CHANGE
20.30
slide 11: WEEKLY REPORT
24 Apr. to 28 Apr. 2017
11
TECHNICAL VIEW
TAKE SOLUTIONS BUY
TAKE SOLUTIONS seems to have a strength to maintain an upside small rally as it is taking support around current low again and
again. Though it did not have a heavy volumes while reversal but it may not be in a mood to break the support so considering sup-
port 124 as strict stop loss we advise a buy in it from around 130 for the targets of 135 and 140.
WEEKLY RECOMMENDATIONS TAKE SOLUTIONS CASH
WEEKLY
R3
151.72
R2
141.47
R1
137.18
Pivot
131.22
S1
126.93
S2
120.97
S3
110.72
WEEKLY
CLOSE
132.90
OPEN
131.60
HIGH
135.50
LOW
125.25
CHANGE
2.6
CHANGE
1.99
slide 12: WEEKLY REPORT
24 Apr. to 28 Apr. 2017
12
STATUS OF OUR LAST WEEKL Y RECOMMENDATIONS
SYMBOL TATA STEEL
SEGMENT FUTURE
SELL 465
TG1 459
TG2 455
SL 470
ACHIVED 2 ND TARGET HIGH IS 443.55
SYMBOL UPL
SEGMENT FUTURE
SELL 726
TG1 716
TG2 705
SL 740
ACHIVED SL HIT
SYMBOL ROYAL ORCHID
SEGMENT CASH
BUY 102.5
TG1 108.5
TG2 115
SL 97.5
ACHIVED 2 ND TARG. HIGH IS 119.95
SYMBOL PRIME FOCUS
SEGMENT CASH
BUY 119
TG1 125
TG2 135
SL 113
ACHIVED NOT EXECUTED
slide 13: WEEKLY REPORT
24 Apr. to 28 Apr. 2017
13
STOCKS IN NEWS
RELIANCE INDUSTRIES-
Reliance Industries on Wednesday said it has commissioned the worlds largest and most complex ethane plant at its Dahej petrochemical complex in Gujarat in record time costing
about 1.5 billion.
NARAYANA HRUDAYALAYA :-
Narayana Hrudayalaya has entered into an agreement with Panacea Biotec to fully acquire its subsidiary NewRise Healthcare for an enterprise value of Rs. 180 crore. The company has
"entered into a definitive agreement to acquire 100 per cent stake in NewRise Healthcare Pvt Ltd from Panacea Biotec Ltd to announce its first hospital in Gurugram" Narayana
Hrudayalaya said in a BSE filing today . New Rise Healthcare has set up a multi-speciality hospital in Gurugram which is in final stages of completion and is expected to be commissioned
within the next 9 months. This transaction is intended to consolidate Narayana Hrudayalayas footprint in the northern cluster.
JAYPEE GROUP :-
Jaypee Group today said it has arranged funds from banks to start constructon on its various real estate projects and deliver it to customers. Jaypee Group is facing protest from buyers because
of signifcant delays in executon of its projects in Noida and Greater Noida where it is developing over 30000 fats.
NALCO :-
Nalco stake sale the governments first PSU stake sale in the current fiscal year got off to a solid start with retail investors putting in bids for 1.81 times the shares on offer. Over 1.93
crore shares were offered to retail buyers on Thursday. The issue got subscribed 1.81 times till 2:45 pm. Bidding will continue till the close of market. The offer for sale OFS opened to
institutional investors on Wednesday wherein foreign fund houses and domestic institutions bid for 1.84 times the shares on offer.
WIPRO :-
The countrys third largest software services firm Wipro is learnt to have fired hundreds of employees as part of its annual "performance appraisal". According to sources Wipro has
shown the door to about 600 employees while speculation was rife that the number could go as high as 2000.At the end of December 2016 the Bengaluru-based company had over
1.79 lakh employees.
ADITYA BIRLA GROUP:-
Vodafone has agreed to sell 9.5 per cent additional stake to Aditya Birla Group for Rs 130 per share after they merge their telecom operations to create the countrys largest operator
worth more than USD 23 billion.
slide 14: WEEKLY REPORT
24 Apr. to 28 Apr. 2017
14
SYMBOL
WEEK
CLOSE
SUPPORT ZONE PIVOT
POINT
RESISTANCE ZONE
SUP.2 SUP.1 RES.1 RES.2
NIFTY 50
9119.4
9035.7 9077.6
9130.6
9172.5 9225.5
INFRATEL
353
341.3 347.1
351.7
357.6 362.2
RELIANCE
1405
1359.1 1382
1401.5
1424.5 1444
HDFCBANK
1498.7
1438 1468.3
1483.7
1514 1529.4
NTPC
167
162.6 164.8
166.2
168.4 169.7
TECHM
427.5
417.6 422.5
427.2
432.1 436.8
IBULHSGFIN
990
965.1 977.5
987.8
1000.2 1010.5
HINDALCO
187.9
181.6 184.8
187.7
190.9 193.8
INDUSINDBK
1437.7
1423 1430.4
1437.4
1444.8 1451.8
ASIANPAINT
1065
1046.3 1055.6
1063.6
1072.9 1080.9
EICHERMOT
25650
25372.6 25511.3
25664.4
25803 25956.1
ONGC
180.1
178.3 179.2
180.6
181.5 183
LT
1686.7
1667.8 1677.2
1689.5
1698.9 1711.2
TATAPOWER
84.3
82.8 83.6
84.5
85.2 86.1
HEROMOTOCO
3202
3178 3190
3204
3216 3230
DRREDDY
2613
2590.3 2601.6
2618.3
2629.6 2646.3
YESBANK
1543
1504.5 1523.7
1543.3
1562.5 1582.1
AUROPHARMA
633.3
621.9 627.6
635.8
641.5 649.6
BAJAJ-AUTO
2826
2799.1 2812.5
2827.9
2841.3 2856.7
BHARTIARTL
342
337.1 339.5
342.8
345.2 348.5
TATAMTRDVR
270.7
267.5 269.1
271.2
272.8 274.9
AXISBANK
486
475.1 480.5
488.8
494.2 502.5
GAIL
400
390.3 395.2
402.1
406.9 413.8
HCLTECH
811
799.8 805.4
813.4
819 827.1
INFY
922.5
912.4 917.5
926.1
931.2 939.8
KOTAKBANK
884
867.7 875.8
886.7
894.8 905.7
TCS
2312
2281.6 2296.8
2316.2
2331.4 2350.9
SYMBOL
WEEK
CLOSE
SUPPORT ZONE
PIVOT
POINT
RESISTANCE ZONE
SUP.2 SUP.1 RES.1 RES.2
ULTRACEMCO
3982
3922.5 3952.3
3993.4
4023.1 4064.2
BPCL
716.4
704.8 710.6
719
724.8 733.1
IOC
424.3
416.5 420.4
427
430.9 437.5
BOSCHLTD
22415
22120.3 22267.7
22478.8
22626.2 22837.3
TATAMOTORS
440.2
431.2 435.7
442.1
446.6 452.9
SBIN
282.4
275.1 278.8
282.9
286.5 290.6
AMBUJACEM
239.1
235 237
240
242 245
COALINDIA
277
273.1 275
278.4
280.3 283.7
TATASTEEL
450.3
441.8 446
453.4
457.6 465
HDFC
1503.2
1471.2 1487.2
1507
1523 1542.8
HINDUNILVR
906.7
891 898.8
911.4
919.2 931.8
ACC
1495.5
1472.1 1483.8
1497.7
1509.4 1523.2
ZEEL
527.9
519.3 523.6
530.6
534.9 541.9
MM
1257.2
1242.8 1250
1262.3
1269.5 1281.9
ICICIBANK
269.1
263.2 266.1
270
272.9 276.8
POWERGRID
206
200.1 203.1
206.8
209.7 213.4
LUPIN
1407.2
1389.7 1398.5
1414.9
1423.7 1440.1
MARUTI
6182
6100 6141
6218
6259 6336.1
ITC
275.2
267.3 271.2
276.6
280.5 285.9
CIPLA
565
555.9 560.5
567.2
571.8 578.5
GRASIM
1126.2
1105.9 1116
1133.2
1143.3 1160.5
ADANIPORTS
326
317.5 321.8
328.4
332.6 339.2
BANKBARODA
175.4
171.1 173.2
176.6
178.8 182.2
WIPRO
487.5
470.9 479.2
491.3
499.6 511.7
WEEKLY PIVOT T ABLE
slide 15: WEEKLY REPORT
24 Apr. to 28 Apr. 2017
15
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investment decision. Nothing in this document should be construed as investment or financial advice. Each recipient of this
document should make such investigations as they deem necessary to arrive at an independent evaluation of an investment
in the securities of the companies referred to in this document including the merits and risks involved and should consult
their own advisors to determine the merits and risks of such an investment.
Reports based on technical and derivative analysis center on studying charts of a stocks price movement outstanding posi-
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