EQUITY WEEKLY REPORT FORMAT 8 MAY TO 12 MAY 2017

Views:
 
Category: Entertainment
     
 

Presentation Description

The week gone by witnessed markets sliding down wards, but the fall as per w-o-w basis was low.

Comments

Presentation Transcript

slide 1:

WEEKLY REPORT 8 May to 12 May. 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 8 th May. to 12 th May. 2017

slide 2:

WEEKLY REPORT 8 May to 12 May. 2017 2 MARKET SUMMARY The week gone by witnessed markets sliding down wards but the fall as per w-o-w basis was low. The Nifty ended 0.20 lower W-o-W. It was the first week of loss after a sharp upside bounce of last week. Market breadth was negative as AD ratio stood more than 1:3 ratio in last session. This week saw sideways to minor upward bias in the market till Thursday and the Friday session witnessed a sharp fall by around 1 which is a concern with regards to a positive pattern of smaller timeframe. INDIAN SECTORIAL INDICES INDICES CHANGE weekly NIFTY AUTO 10107.95 -1.43 NIFTY FINANCE 9164.501.07 NIFTY FMCG 23630.45 1.72 NIFTY IT 10086.35 1.43 NIFTY COMSUMP 4101.90-0.11 NIFTY METAL 2856.70 -3.95 NIFTY PHARMA 9935.15 -1.83 NIFTY INFRA 3217.35-1.16 NIFTY ENERGY 12263.55 -2.76 NIFTY REALTY 164.20 -34.59 INDICES VALUE CHANGE weekly CHANGE weekly NIFTY 9285.30 -18.75 -0.2 SENSEX 29858.80 -59.6 -0.2 BANK NIFTY 22605.00 246.75 1.1 INDIAN MARKETS

slide 3:

WEEKLY REPORT 8 May to 12 May. 2017 3 Losers of the Week Symbol CMP change TATA MOTORS 419.60 -7.85 TATA MOT. DVR 258.95 -6.28 LUPIN 1252.35 -6.28 RELIANCE IND. 1328.25 -5.76 ZEE ENTER. 505.60 -4.74 Gainers of the Week Symbol CMP change INDIABLHGF 1106.00 10.12 ICICI BANK 298.55 8.90 ADANI PORTS 344.95 6.96 SBI 296.00 4.95 MARUTI 6654.15 4.39 GLOBAL INDICES WEEKLY U.S. DJIA SP 500 NASDAQ 20895.00 -0.11 2384.500.06 6100.760.87 EUROPEAN CAC 40 DAX FTSE 100 5432.40 3.13 12716.89 2.24 7297.43 1.29 ASIAN NIKKEI HANG SENG SHANGHAI COM. 19445.70 1.29 24476.35 -0.56 3103.36 -1.62 MOVERS SHAKERS LAST WEEK INDIAN CURRENCY WEEKLY USD-INR EUR-INR GBP-INR JPY-INR USD INDEX 64.54 0.01 70.82 0.29 83.50 -0.08 57.48 -2.88 98.42 -0.47

slide 4:

WEEKLY REPORT 8 May to 12 May. 2017 4 CORPORATE ACTIONS THIS WEEK SYMBOL PURPOSE DATE STINDIA Results/Others 8-May-17 CANBK Results/Dividend 8-May-17 WELINV Results 8-May-17 DIGJAMLTD Results 8-May-17 WELCORP Results/Dividend 8-May-17 INFRATEL Results 8-May-17 DENORA Results/Dividend 8-May-17 MANGALAM Results/Others 8-May-17 PRECWIRE Results/Dividend 8-May-17 VLSFINANCE Results/Dividend 8-May-17 ABB Results 8-May-17 INFRATEL Results/Dividend 8-May-17 POKARNA Results/Dividend 8-May-17 NOCIL Results/Dividend 8-May-17 NKIND Results 8-May-17 REPRO Results 8-May-17 HESTERBIO Results/Dividend 8-May-17 JAYSREETEA Results/Dividend 8-May-17 UNIONBANK Results/Dividend 8-May-17 DENABANK Results/Dividend 9-May-17 NELCO Results 9-May-17 CARBORUNIV Results/Dividend 9-May-17 TRIDENT Results/Dividend 9-May-17 PENINLAND Results/Dividend 9-May-17 FRETAIL Results/Dividend 9-May-17 HITECHPLAS Results/Dividend 9-May-17 SHEMAROO Results/Dividend 9-May-17 KERNEX Results 9-May-17 SHEMAROO Results 9-May-17 SYMBOL PURPOSE DATE SHEMAROO Results 9-May-17 ADORWELD Results/Dividend 9-May-17 BHARTIARTL Results 9-May-17 LAOPALA Results/Dividend 9-May-17 ALEMBICLTD Results/Dividend 9-May-17 GODREJCP Results/Dividend 9-May-17 THYROCARE Results 9-May-17 INDIGO Results 9-May-17 ELGIEQUIP Results/Dividend 9-May-17 SYNDIBANK Results/Dividend 9-May-17 PSL Results 9-May-17 MAITHANALL Results/Dividend 9-May-17 ASTRAZEN Results 9-May-17 BHAGERIA Results/Dividend 9-May-17 WEBELSOLAR Results 9-May-17 PETRONET Results/Dividend 9-May-17 BHARTIARTL Results/Dividend 9-May-17 TRIDENT Results/Dividend 9-May-17 BLUESTARCO Results/Dividend 9-May-17 MAJESCO Results/Others 9-May-17 INDIGO Results/Dividend 9-May-17 GMDCLTD Results/Dividend 9-May-17 VIJAYABANK Results/Dividend 9-May-17 FILATEX Results 9-May-17 SREINFRA Results/Dividend 9-May-17 HEROMOTOCO Results/Dividend 10-May-17 CAPF Results/Dividend 10-May-17 HIKAL Results/Dividend 10-May-17

slide 5:

WEEKLY REPORT 8 May to 12 May. 2017 5 RESUL TS AND OTHER CORPORATE ACTIONS THIS WEEK SYMBOL PURPOSE DATE SYMBOL PURPOSE DATE HIKAL Results/Dividend 10-May-17 ENDURANCE Results/Dividend 10-May-17 TAINWALCHM Results/Others 10-May-17 KEI Results/Dividend 10-May-17 8KMILES Results/Dividend 10-May-17 MPSLTD Results 10-May-17 POLYMED Results/Dividend 10-May-17 KIRLOSENG Results/Dividend 10-May-17 CAPLIPOINT Results/Dividend 10-May-17 IDEA Results/Others 10-May-17 CREST Results/Dividend 10-May-17 HFCL Results/Dividend 10-May-17 VTL Results/Dividend 10-May-17 ZEEL Results/Dividend 10-May-17 SIEMENS Results 10-May-17 OCL Results/Dividend 10-May-17 PHOENIXLTD Results 10-May-17 CYBERTECH Results/Dividend 10-May-17 HSCL Results/Dividend 10-May-17 DALMIABHA Results/Dividend 10-May-17 VINATIORGA Results/Dividend 10-May-17 CENTENKA Results/Dividend 10-May-17 POLYMED Results 10-May-17 SICAL Results 10-May-17 PIONDIST Results 10-May-17 MIC Results 10-May-17 THEMISMED Results 10-May-17 SMLISUZU Results/Dividend 10-May-17 ARVIND Results/Dividend 11-May-17 DSSL Results 11-May-17 GSKCONS Results/Dividend 11-May-17 GRANULES Results/Dividend 11-May-17 MTEDUCARE Results 11-May-17 FAIRCHEM Results/Dividend 11-May-17 NILKAMAL Results/Dividend 11-May-17 PLASTIBLEN Results/Dividend 11-May-17 KIRLOSIND Results/Dividend 11-May-17 ICRA Results/Dividend 11-May-17 VIPCLOTHNG Results/Dividend 11-May-17 ITDCEM Results 11-May-17 ASIANPAINT Results/Dividend 11-May-17 MAGMA Results/Dividend 11-May-17 KARUNACAB Results 11-May-17 PENPEBS Results 11-May-17 HCLTECH Results/Dividend 11-May-17 GLENMARK Results/Dividend 11-May-17 GPPL Results/Dividend 11-May-17 IGARASHI Results/Dividend 11-May-17 APOLSINHOT Results/Dividend 11-May-17 BALAMINES Results/Dividend 11-May-17 ORIENTHOT Results/Dividend 12-May-17 ARVSMART Results/Dividend 12-May-17 CENTURYTEX Results/Dividend 12-May-17

slide 6:

WEEKLY REPORT 8 May to 12 May. 2017 6 RESUL TS AND OTHER CORPORATE ACTIONS THIS WEEK SYMBOL PURPOSE DATE SYMBOL PURPOSE DATE GIPCL Results/Dividend 12-May-17 NEULANDLAB Results 12-May-17 LINDEINDIA Results 12-May-17 GINNIFILA Results 12-May-17 BSL Results/Dividend 12-May-17 PAPERPROD Results 12-May-17 HAVELLS Results/Dividend 12-May-17 SHRIPISTON Results/Dividend 12-May-17 PNBHOUSING Results/Dividend 12-May-17 VENKEYS Results/Dividend 12-May-17 VBL Results 12-May-17 SRIPIPES Results/Dividend 12-May-17 ABFRL Results/Others 12-May-17 QUICKHEAL Results/Dividend 12-May-17 RSWM Results/Dividend 12-May-17 TVSELECT Results 12-May-17 TTML Results 12-May-17 ADFFOODS Results/Dividend 12-May-17 HINDUJAVEN Results/Dividend 12-May-17 INOXWIND Results 12-May-17 UCOBANK Results 12-May-17 SHK Results/Dividend/Buyback 12-May-17 SPICEMOBI Results 12-May-17 ORIENTBANK Results/Others 12-May-17 SUBCAPCITY Results 12-May-17 VBL Results 12-May-17 AARTIIND Results 12-May-17 DLINKINDIA Results/Dividend 12-May-17 NDTV Results 12-May-17 DRREDDY Results/Dividend 12-May-17 LALPATHLAB Results/Dividend 12-May-17 PNBGILTS Results/Dividend 12-May-17 TITAN Results/Dividend 12-May-17 RELAXO Results/Dividend 12-May-17 PEL Results 12-May-17 JSL Results 12-May-17

slide 7:

WEEKLY REPORT 8 May to 12 May. 2017 7 TECHNICAL VIEW Nifty this week traded with lots of fluctuations and uncertainties and finally closed with a Bearish candlestick on the top of the week- ly charts. On daily charts RSI has made a bearish crossover and it is preparing a “Double Top” also. It seems as the index needs some space to jump again. So for now we advise to sell it if sustains below 9280 for the targets of 9150 and 9030 with strict stop loss of 9400. NIFTY WEEKL Y OUTLOOK WEEKLY R3 9525.17 R2 9417.97 R1 9351.63 Pivot 9310.77 S1 9244.43 S2 9203.57 S3 9096.37 WEEKLY CLOSE 9285.30 OPEN 9339.85 HIGH 9377.10 LOW 9269.90 CHANGE -18.75 CHANGE -0.2

slide 8:

WEEKLY REPORT 8 May to 12 May. 2017 8 TECHNICAL VIEW BANKNIFTY in last week had an up-move with better volumes. Although some correction from top was seen on Friday but it seems to be temporary because of profit booking. The banks have prepared some negative charts so the index may affect more. But after some small correction bank nifty seems to gain again. So buy it from around 22450 for the targets of 22750 and 23000 with strict stop loss of 22150. NIFTY BANK WEEKL Y OUTLOOK WEEKLY R3 23793.20 R2 23179.70 R1 22892.35 Pivot 22566.20 S1 22278.85 S2 21952.70 S3 21339.20 WEEKLY CLOSE 22605.00 OPEN 22412.55 HIGH 22853.55 LOW 22240.05 CHANGE 246.75 CHANGE 1.1

slide 9:

WEEKLY REPORT 8 May to 12 May. 2017 9 TECHNICAL VIEW MAX FINANCIAL SERVICES LTD SELL 25 –MAY -2017 MAX FINANCIAL SERVICES LTD FUTURE New listed in FO series MFSL FUTURE seems to be bearish for this week. Week before Last week inspite of good movement and bullish closing it performed on bearish note in all the sessions of the week. It has prepared a “Double Top” on daily chart and a “Bearish Engulf” on weekly chart. If it keeps trading below the previous close it will follow the patterns. So sell it below 619 for 610 and 600 with strict stop loss of 632. WEEKL Y RECOMMENDATIONS MAX FINANCIAL SERVICES L TD FUTURE WEEKLY R3 741.02 R2 686.92 R1 653.88 Pivot 632.82 S1 599.78 S2 578.72 S3 524.62 WEEKLY CLOSE 620.85 OPEN 664.00 HIGH 665.85 LOW 611.75 CHANGE -40.1 CHANGE -6.06

slide 10:

WEEKLY REPORT 8 May to 12 May. 2017 10 TECHNICAL VIEW BANK BARODA FUTURE SELL 25– MAY -2017:- BANK BARODA FUTURE in last trading session faced huge selling pressure. It came down around 5 and closed with a bearish candlestick. The body of current candlestick has eaten last three candlesticks and on weekly charts a perfect “Doji” has been made which indicates that the selling pressure on the bank may prevail further. So sell it from around 188 for targets of 185 and 180 with stop loss of 192 . WEEKL Y RECOMMENDATIONS BANK BARODA FUTURE WEEKLY R3 229.78 R2 210.93 R1 199.67 Pivot 192.08 S1 180.82 S2 173.23 S3 154.38 WEEKLY CLOSE 188.40 OPEN 188.35 HIGH 203.35 LOW 184.50 CHANGE 0.1 CHANGE 0.05

slide 11:

WEEKLY REPORT 8 May to 12 May. 2017 11 TECHNICAL VIEW HIMADRI SPECIALITY CHEMICAL LTD BUY HIMADRI SPECIALITY CHEMICAL LTD is looking good on buy side on both daily and weekly charts. On daily charts the scrip even after a doji formation on day before last session broke the resistance and closed with a bullish candlestick. Indifferent from the prof- it booking HSCL traded with considerable volumes. So buy it above 61.1 for the targets of 65 and 70 with strict stop loss of 57.5. OUR WEEKLY RECOMMENDATIONS HIMADRI SPECIALITY CHEMICAL LTD CASH WEEKLY R3 72.22 R2 65.37 R1 62.93 Pivot 58.52 S1 56.08 S2 51.67 S3 44.82 WEEKLY CLOSE 60.50 OPEN 56.20 HIGH 60.95 LOW 54.10 CHANGE 4.45 CHANGE 7.93

slide 12:

WEEKLY REPORT 8 May to 12 May. 2017 12 TECHNICAL VIEW RUSHIL BUY RUSHIL is a good pick for this week as on weekly charts it has closed above a strong resistance of Channel and above the previous closing. Though the candle is not very strong in volumes but the closing RSI and other indicator suggest a buy on the stock. So buy it above 724 for the targets of 745 and 765 with strict stop loss of 696. WEEKLY RECOMMENDATIONS RUSHIL CASH WEEKLY R3 821.30 R2 769.30 R1 739.60 Pivot 717.30 S1 687.60 S2 665.30 S3 613.30 WEEKLY CLOSE 709.90 OPEN 705.00 HIGH 747.00 LOW 695.00 CHANGE 9.35 CHANGE 1.33

slide 13:

WEEKLY REPORT 8 May to 12 May. 2017 13 STATUS OF OUR LAST WEEKL Y RECOMMENDATIONS SYMBOL PETRONET SEGMENT FUTURE SELL 422.5 TG1 415 TG2 408 SL 432 ACHIEVED 2 ND TARGET HIGH IS 439.50 SYMBOL KTK BANK SEGMENT FUTURE BUY 166.5 TG1 169 TG2 172 SL 163.5 ACHIEVED 2ND TARGET HIGH IS 177 SYMBOL JAICORP SEGMENT CASH BUY 90 TG1 94 TG2 100 SL 83 ACHIEVED CLOSE PRICE 86.25 SYMBOL ESSDEE SEGMENT CASH BUY 53 TG1 55.5 TG2 59 SL 50 ACHIEVED NOT EXECUTED SYMBOL NIFTY FUTURE SEGMENT INDEX BUY 9380 TG1 9500 TG2 9600 SL 9250 ACHIEVED CLOSE PRICE 9315.75 SYMBOL BANK NIFTY FUTURE SEGMENT INDEX BUY 22300 TG1 22500 TG2 22800 SL 22100 ACHIEVED 2ND TARGET

slide 14:

WEEKLY REPORT 8 May to 12 May. 2017 14 STOCKS IN NEWS  ACC LTD a part of the worlds largest cement producer LafargeHolcim is mulling over a possible merger with promoter group firm Ambuja Cements. ACC Ltds board of directors at its meeting today decided to commence an evaluation of a potential merger between the company and Ambuja Cements.  IRB An initial public offering of shares in Indias IRB InvIT Fund to raise Rs. 5033 crore was subscribed 8.6 times on the closing day of the sale on Friday in what was the countrys first infrastructure investment fund IPO.  BANK OF INDIA Public sector lender Bank of India today said its shareholders have approved a proposal to raise up to Rs. 10000 crore through issue of bonds .  RELIANCE INFRA Anil Ambani Group flagship Reliance Infrastructure has filed fresh papers with markets regulator Sebi for its proposed InvIT Fund IPO reducing the issue size to Rs. 2500 crore from Rs. 3000 crore earlier .  INFOSYS Head Hunters India an executive search firm today termed the Infosys move to hire 10000 Americans as an act to appease US President Donald Trumps administration which has tightened the rules of H-1B visa programme to stop its abuse.  JET AIRWAYS Jet Airways - which commenced operations on May 5 1993 - announced special limited-period fares on domestic and international sectors to commemorate its 24th anniversary. Flyers with economy and premiere class tickets will get a flat discount of 24 per cent on base fares under Jet Airways one- day "Mega Fare Sale" scheme - effective May 5.  JUBILANT LIFE SCIENCES Shares of Jubilant Life Sciences jumped as much as 4 per cent to hit intraday high of Rs. 763.70 after its subsidiary Jubilant Phar- ma said that it will acquire the radio-pharmacy business of US-based Triad Isotopes for an undisclosed sum.  JP ASSOCIATES The cash-strapped infrastructure firm Jaiprakash Associates has failed to pay interest on non-convertible debentures even after more than three months of the due date . It had got the approval of the National Company Law Tribunal NCLT for the transfer. The deal will help the Jaypee Group firm to cut down debt which runs into thousands of crores of rupees.  COAL INDIA Coal India Ltd the worlds largest coal miner is considering a listing on the London Stock Exchange and has had early discussions with the LSE three sources with direct knowledge of the matter said on Thursday .  ADANI ENTERPRISES has agreed a 73-million-Australian-dollar 54 million steel supply agreement with Australias Arrium to be used in a rail line for the proposed Carmichael coal mine a source told Reuters on Thursday .

slide 15:

WEEKLY REPORT 8 May to 12 May. 2017 15 SYMBOL WEEK CLOSE SUPPORT ZONE PIVOT POINT RESISTANCE ZONE SUP.2 SUP.1 RES.1 RES.2 NIFTY 50 9285.3 9206.4 9245.8 9311.5 9350.9 9416.6 IBULHSGFIN 1107 1056.4 1081.7 1096.4 1121.7 1136.3 ACC 1659 1588.1 1623.6 1646.8 1682.2 1705.4 ADANIPORTS 344.2 332 338.1 342.3 348.4 352.6 HCLTECH 828 807.1 817.5 824.8 835.2 842.5 ASIANPAINT 1146 1120.7 1133.3 1146.7 1159.3 1172.7 BOSCHLTD 23450 22677 23063.5 23406.7 23793.2 24136.4 INFRATEL 366.5 353.5 360 365 371.5 376.5 AMBUJACEM 245.7 237 241.3 244.6 249 252.3 KOTAKBANK 907.5 894.8 901.2 906.6 912.9 918.3 EICHERMOT 25819.9 25255.1 25537.5 25843.8 26126.2 26432.4 MARUTI 6649 6568.1 6608.5 6642.5 6682.9 6716.9 TATAPOWER 83.1 81.6 82.4 83.3 84 84.9 ULTRACEMCO 4329 4258.8 4293.9 4318.5 4353.6 4378.1 ICICIBANK 298 290.8 294.4 298.1 301.7 305.4 WIPRO 498.9 494.1 496.5 498.8 501.2 503.4 HINDUNILVR 954.4 944.2 949.3 954.4 959.5 964.5 HDFCBANK 1531 1516.8 1523.9 1533.4 1540.5 1550 CIPLA 548.5 538.8 543.6 549 553.9 559.3 TCS 2323 2289.3 2306.2 2319.3 2336.2 2349.3 SUNPHARMA 629.5 619.2 624.3 631.2 636.3 643.2 DRREDDY 2597.3 2574.4 2585.8 2605.4 2616.8 2636.4 AUROPHARMA 589.3 570.3 579.8 592.9 602.4 615.5 BHARTIARTL 344.5 339.7 342.1 345.6 348 351.4 IOC 433.3 421 427.1 436 442.1 450.9 LT 1722 1690.9 1706.4 1718.8 1734.3 1746.7 COALINDIA 278.7 274 276.3 280.4 282.7 286.8 SYMBOL WEEK CLOSE SUPPORT ZONE PIVOT POINT RESISTANCE ZONE SUP.2 SUP.1 RES.1 RES.2 GRASIM 1194 1162.3 1178.2 1198.1 1213.9 1233.8 INDUSINDBK 1409 1388 1398.5 1414.2 1424.7 1440.5 INFY 930 911.8 920.9 929.1 938.2 946.5 LUPIN 1250 1234.9 1242.5 1257.5 1265 1280 BPCL 724.7 704.9 714.8 729.9 739.8 754.9 YESBANK 1611.5 1589 1600.2 1615.6 1626.9 1642.3 HEROMOTOCO 3361.3 3312.1 3336.7 3374.8 3399.4 3437.5 POWERGRID 208.5 204.9 206.7 209.4 211.2 213.8 SBIN 296 284.9 290.4 297.7 303.2 310.4 MM 1318.5 1294.8 1306.7 1318.8 1330.7 1342.8 TECHM 413.8 405.5 409.6 414.5 418.6 423.5 ITC 277.6 273.8 275.7 278.3 280.2 282.9 HDFC 1543 1522.1 1532.6 1551.4 1561.8 1580.6 NTPC 159.7 157.6 158.6 160.5 161.6 163.5 BAJAJ-AUTO 2882 2843.4 2862.7 2901.3 2920.6 2959.1 TATASTEEL 432.9 420.6 426.7 434.1 440.2 447.6 RELIANCE 1328.4 1297.9 1313.2 1340.3 1355.5 1382.6 GAIL 417.4 404.7 411 420 426.4 435.4 ONGC 183.6 178.5 181 184.8 187.4 191.2 AXISBANK 503.4 489.5 496.5 509.4 516.4 529.3 TATAMTRDVR 259 250.4 254.7 261.8 266.1 273.1 ZEEL 505 491.5 498.3 510.5 517.2 529.4 HINDALCO 185.6 178.4 182 187 190.6 195.6 TATAMOTORS 419.9 406.3 413.1 424.8 431.6 443.3 WEEKLY PIVOT T ABLE

slide 16:

WEEKLY REPORT 8 May to 12 May. 2017 16 This document is solely for the personal information of the recipient and must not be singularly used as the basis of any 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- tions and trading volume. The information in this document has been printed on the basis of publicly available information internal data and other reliable sources believed to be true but we do not represent that it is accurate or complete and it should not be relied on as such as this document is for general guidance only. Trade Nivesh shall not be in any way respon- sible for any loss or damage that may arise to any person from any inadvertent error in the information contained in this report. Trade Nivesh has not independently verified all the information contained within this document. Accordingly we cannot testify nor make any representation or warranty express or implied to the accuracy contents or data contained within this document. While Trade Nivesh endeavors to update on a reasonable basis the information discussed in this ma- terial there may be regulatory compliance or other reasons that prevent us from doing so. Investment in equity Commodity market has its own risks. We Trade Nivesh shall not be liable or responsible for any loss or damage that may arise from the use of this information. DISCLAIMER

authorStream Live Help