PDF Archive

Easily share your PDF documents with your contacts, on the Web and Social Networks.

Send a file File manager PDF Toolbox Search Help Contact



Equity Research Report 21 December 2015 Ways2Capital .pdf



Original filename: Equity Research Report 21 December 2015 Ways2Capital.pdf
Title: TECHNICAL TREND ( NIFTY - BANK NIFTY FUTURES )

This PDF 1.5 document has been generated by Microsoft® Office Word 2007, and has been sent on pdf-archive.com on 21/12/2015 at 09:59, from IP address 111.118.x.x. The current document download page has been viewed 344 times.
File size: 704 KB (21 pages).
Privacy: public file




Download original PDF file









Document preview


TECHNICAL TREND ( NIFTY - BANK NIFTY FUTURES )
CNX NIFTY - The market has opened lower On Monday, The Nifty down 54.75 points or 0.7 percent at
7555.70. The Asian equities were also trading lower on Monday after a further slump in oil prices on last
Friday. Equity benchmarks bounced back From Tuesday Nifty ended slightly above 7700-mark, up 50.85
points or 0.66 percent to 7700.90 which is a psychological level of Nifty. US Federal Reserve policy-setting
committee raised the range of its benchmark interest rate by 25 bps. The Equity market pared some positive
movement after the historic rate hike by the US central Bank. Going forward for Next Week, 7800-7850
would be a key resistance level to Nifty. If the Nifty manages to break this level, we may witness an
extension of this bounce towards 7900- 8000 levels. On the other side, 7720-7670 would be the support
levels for the index .Equity benchmarks ended at two-week closing high on Thursday, tracking rally in
global peers after the first Fed rate hike in almost a decade. Index heavyweights drove the market higher.
Nifty could test 8000 by December-end. On Thursday total 78 lakh share traded in Nifty option at the strike
level of 8000 in Nifty. It is a Indication of Strong Confidence Among the investors.The Expectation of
Market for Next week is on bullish the Nifty can give the high of 8000-8050. The Resistance for Nifty for
week is 7783-7864 And Support 7702-7685.

BANK NIFTY FUTURE - The Bank Nifty Also open in red on Monday trading session down by 130
point or 0.80 per cent lower at 16212.40. The Bank Nifty is currently trading at 16647 down by 124 point
or 0.74 per cent. The Banking stocks is Not performing well due to rate changing policy of Federal reserve
of US last Wednesday. The Bank Nifty is seems Strong for Next week. It can cross the level of 16900. The
Strong Resistance for Bank Nifty is 16894-16979 And the Banking Nifty Strong support is 16672-16634. If
the Bank Nifty able to break these Uper level we can expect the 17000-17200 For Next week.RBI has
Introduce the new base rate calculation methodology which will come into the effect from next financial
year. The All over the Trend of Banking Nifty is on Upside.

TECHNICAL VIEW (NIFTY- BANK NIFTY FUTURES )
NIFTY
DAILY

WEEKLY

MONTHLY

R2

R1

PP

S1

S2

8026

7864

7783

7702

7540

R2

R1

PP

S1

S2

8616

8020

7722

7424

6828

R2

R1

PP

S1

S2

9016

8180

7762

7344

6508

BANK NIFTY
DAILY

R2

R1

PP

S1

S2

16796

16635

16474

16152

R2

R1

PP

S1

S2

18260

17098

16517

15936

14774

R2

R1

PP

S1

S2

20677

18065

16759

15453

14147

17118

WEEKLY

MONTHLY

MOVING AVERAGE

21 DAYS

50 DAYS

100 DAYS

200 DAYS

NIFTY

7816

7969

8063

8263

BANK NIFTY

16920

17223

17482

17982

PARABOLIC SAR

DAILY

WEEKLY

MONTHLY

NIFTY

7583

8358

8556

BANK NIFTY

16825

16085

19682

PATTERN FORMATION ( NIFTY AND BANK NIFTY )

Depiction of Chart - On The Above given daily Chart of MAs lag current price action because they are based on past prices the longer
the time period for the MA, the greater the lag. Thus a 100-day MA will have a much greater degree of lag than a Less-days MA because it
contains prices for the past 100 days. With breaks above and below this moving average considered to be important trading signals.for
Buying or Selling. MAs also impart important trading signals on their own, or when two averages cross over. A rising MA indicates that the
security is in an uptrend, while a declining MA indicates that it is in a downtrend. Similarly, upward momentum is confirmed with a bullish
crossover, which occurs when a short-term MA crosses above a longer-term MA. Downward momentum is confirmed with a bearish
crossover, which occurs when a short-term MA crosses below a longer-term MA.While on the Above given Chart both the condition are not
following.The chances of Nifty50 to give gap-up opening in next week. So we can expect that if the Nifty is crossing the level of 7800 it
can make the high of 7950-8000 for Next Week. Weekly Support of Nifty Is 7702-7540 And Resistance is 7864-8026.

BANK NIFTY MACD

Details of Chart On the Above given chart of Bank Nify MOVING AVERAGE for 100 Days along with EMA for 50 days. is the
strong Resistance for Bank Nifty in weekly chart.both the MA as Resistance leevel it could make high of 16900.The market is not more
volatile due to global news. However Next Session of Bank nifty could be expect in bullish trend. The Banking Industry Stocks is not
performing well. So Banking Industry Shares Can open in the upside on Monday. The Support for Bank Nifty Is 16474 S2 16152 And the
Resistance for Bank Nifty is R1 16900 R2 1700.. The All over trend of Bank Nifty will be positive we can see a sharp bullish opening
only for next trading session .

NSE EQUITY DAILY LEVELS
COMPANY NAME

R2

R1

PP

S1

S2

ACC
ALBK

EQ
EQ

1371
73

1361
72

1350
70

1340
69

1329
68

AMBUJACEM
ASIAN PAINT
AXISBANK
BAJAJ-AUTO
BANKBARODA
BANKINDIA
BHEL
BHARTIARTL
CIPLA
COALINDIA
DLF
DRREDDY
GAIL
GRASIM
HCLTECH
HDFC
HDFCBANK
HEROMOTOCO
HINDALCO
HINDUNILVR
ICICIBANK
ITC
INDUSIND BANK
INFY
JINDALSTEL
KOTAKBANK
LT
M&M
MRF
MARUTI
ONGC
ORIENTBANK
RCOM
RELCAPITAL
RELIANCE
RELINFRA
RPOWER
SBIN
SSLT( VEDL)
SUNPHARMA
TATAMOTORS
TATAPOWER
TATASTEEL
UNIONBANK

EQ
EQ
EQ
EQ
EQ
EQ
EQ
EQ
EQ
EQ
EQ
EQ
EQ
EQ
EQ
EQ
EQ
EQ
EQ
EQ
EQ
EQ
EQ
EQ
EQ
EQ
EQ
EQ
EQ
EQ
EQ
EQ
EQ
EQ
EQ
EQ
EQ
EQ
EQ
EQ
EQ
EQ
EQ
EQ

207
880
444
2516
164
122
170
325
654
320
118
3024
349
3796
870
1256
1092
2687
83
879
254
326
955
1115
93
169
1318
1270
39622
4733
225
148
86
413
1016
463
52
234
87
816
386
66
258
157

205
876
439
2494
162
120
168
322
649
319
117
3007
345
3750
861
1244
1081
2672
82
872
253
321
943
1104
92
168
1306
1260
39405
4687
224
144
85
408
1005
457
52
231
86
805
383
67
257
154

200
872
436
2481
160
118
167
320
645
316
115
2990
342
3718
857
1234
1075
2648
81
867
251
319
936
1092
90
168
1296
1247
39183
4656
222
140
83
404
998
447
51
230
85
798
380
65
255
150

197
868
431
2459
158
116
165
317
640
315
114
2973
338
3672
848
1222
1064
2633
80
860
250
314
934
1081
89
167
1284
1237
38966
4610
221
136
82
399
987
441
50
227
84
787
377
64
254
147

192
864
428
2446
156
114
164
315
636
312
112
2956
335
3640
844
1212
1058
2609
79
855
248
312
917
1069
87
167
1274
1224
38744
4579
219
132
81
395
980
431
49
226
83
780
374
63
252
143

TOP 15 ACHIEVERS

SR.NO

SCRIPT NAME

PREV
CLOSE

CMP

//

% CHANGE

1

BEML

1051.15

1263.60

+20.12 %

2

TATA ELXSI LTD.

1874.45

2194.00

+18.76 %

3

GATI LTD.

152.25

177.80

+16.78 %

4

TATA STEEL

226.85

255.75

+12.74 %

5

JET AIRWAYS

560.75

618.10

+10.23 %

6

RELIANCE CO. LTD. 76.00

83.65

+10.13 %

7

JSW STEEL

942.70

1031.55

+9.43 %

8

Essar Oil Ltd.

205.40

223.00

+8.57 %

9

Fortis Healthcare

162.60

176.35

+8.46 %

10

Reliance Inds.

915.95

993.10

+ 8.42 %

11

BF Utilities Ltd.

579.40

628.00

+8.39 %

12

Havells India

282.60

305.60

+8.14 %

13

Finolex Cables

245.55

265.00

+7.92 %

14

Marico Ltd.

423.50

456.55

+7.80 %

15

Welspun Corp

104.25

112.35

+7.77 %

SR.NO

1
1.12+2.12+3.12+4.
T122+5.
T12
A811A811A811A811A81
T798T798T798T798T79
3
A44. A44. A44. A44. A44
.2
.+
77.2
.2
.+
78.2
.2
.+
79.
.2
.+
7T2
.2
.
6.2
T2
4610.
E2
45
01
6A
E2
45
01
6A
E2
45
01
6A
E2
45
01
E2
45
0
A
A
L6
55
02T
L6
55
02T
L6
55
02T
L6
55
02T
L6
55
0
T
5
X. . .%
X. . .%
X. . .%
X. . .%
X. .
A
A
A
A
A
S
R8
77
87
+S
R8
77
87
+S
R8
77
87
+S
R8
77
867
+S
R8
77
8
IE5
IE5
IE5
IE5
IE5
S
65
34
1S
65
34
1S
65
34
1S
65
34
1S
65
3
L
L
L
L
T
T
T
T
T
L. . 0L. . 0L. . 0L. . 0L. .
7%
L
T
T
T
T
E
%
E
%
E
%
E
E
I06. I 06. I 06. I 06. I 06
T
D
D
D
D
E
A2
02
5+
1E
A2
02
5+
1E
A2
02
5+
1E
A2
02
5+
1E
A2
02
5
E
E
E
E
E
D
.N 3L
. 3L
.N 83L
.
L
N028
3L
028N028
028N02
s.C sC sC sC sC
53. 53. 53. 53. 53
9%
%
%
%
sE. . 5
sE. . 5
sE. . 5
sE. . 5
sE. .
49
0+
7R9
49
0+
7R9
49
0+
7R9
49
0+
7R9
40
R
9
a
a
a
a
a9
10
C1
09
0 C1
09
0 C1
09
0 C1
09
0 C1
09
0
erO %
erO %
erO %
erO %
erO
538 538 538 538 53
11
l. . . . l. . . . l. . . . l. . . . l. . .
L914L914L914L914L91
23+H23+iH23+iH2312
+H23
iH
T502iO
T 02O
T 02O
T 02iO
T0
O
885
885
885
885
8
a
D a
D a
D a
D a
D
a
a
a
a
.a
i. 25. i. 25. i. 25. i. 2513
i. 25
%
%
%
%
v. . 1n
v. . 1v. . 1n
v. . 1v. .
n
l 664l 664n
l 664l 664n
l 66
M
+M
ec44+M
ec44+M
ec44+M
e4414
e44
05
07L2
05
07L2
05
07cL2
05
07cL2
05
0
L2
a
a
a
a
a
.%
elt36.%
elt 36.%
elt 36.%
elt 3615
elt 36
rl . . 8rl . . 8rl . . 8rl . . 8rl . .
d550d550d550d550d55
is is is is is
05 05 05 05 05
.I .I .I .I .I
c %
c %
c %
c %
c
n In In In In
o
o
o
o
o
Id n
d n
d n
d n
d
n
s d
s d
s d
s d
s
L
L L L L
d
. i. i. i. i.
ti ta ta ta ta
d
a d d d d
.

.

.

.

TOP 15 LOOSERS

SCRIPT NAME

Indian Bank

PREV CLOSE

CMP

124.20

113.10

0.69

0.63

% CHANGE

-8.94 %
TPMC
T Fincorp
T

-8.70 %
Punj. NationlBak

130.45

121.90

1,312.80

1240.5

SKF India

1,244.30

1,178.

Union Bank of In

157.15

149.80

-6.55 %
TMahi.
T &
T Mahi

-5.49 %
-5.32 %
-4.68 %

Dish TV India Ltd. 101.45

96.90

Tata Motors Ltd.

393.95

378.25

Axis Bank Ltd.

450.90

433.25

ICICI Bank

259.50

250

Shriram Trans.Fi

852.25

821.90

GujaratStatePetrone 132.15
t
SBI
234.35

127.85

Max India Ltd.

515.95

500.30

Gujarat Pipavav

153.90

150.05

-4.48 %
-3.99 %
-3.91 %
-3.66 %
-3.56 %
-3.25 %
227.05
-3.11 %
-3.03 %
-2.50 %

Port

.

NEXT WEEK STARS (AS PER TECHNICAL ANALYSIS PRIDICTION)
NSE FUTURE
1.

EXIDE INDIA FUTURE : EXIDE INDIA OPEN AT 143.30 AND CLOSE AT 144.70 MADE
HIGH OF 145.80 MOVES IN BULLISH TREND ON DAILY CHART OF EXIDEINDIA
SHOWS CONITNOUSLY BULLISH MOVEMNET WE CAN EXPECT FURTHER BULLISH
TREND IN EXIDE INDIA. WE CAN MADE LONG POSITION IN IT ABOVE 146 TGT 156
SL 144.

2.

RECLTD FUTURE : RECLTD SHOWS BULLISH TREND ON DAILY CHART IT CAN
MOVE FURTHER IN UPSIDE DIRECTION WE CAN MADE LONG POSITION IN IT
ABOVE 224 TGT 250 SL 216.

P00- P00- P00- P00- P00
M
. . 8M. . 8M. . 8M. . 8M. .
C66. C66. C66. C66. C66
937 937 937 937 93
F11-0M
F11-0M
F11-0M
F11-0M
F11
M
i , 25a
i , 25a
i , 25a
i , 25a
i,2
a
n34.%
n34.%
n34.%
n34.%
n34
h
h
h
h
h
ic104ic104ic104ic104ic10
.o
U2
1.1-9.o
U2
1.1-9.o
U2
1.1-9.o
U2
1.1-9.o
U2
1.1
rn.55
rn.55
rn.55
rn.55
rn.55
&
44&
44&
44&
44&
4
p
p
p
p
p
i8
79.%
i8
79.%
i8
79.%
i8
79.%
i8
79
M
0
6
M
0
6
M
0
6
M
0
6
M
0
o. . o. . o. . o. . o. .
a
n3
13
88
-a
n3
13
88
-a
n3
13
88
-a
n3
13
88
-a
n3
13
8
T
T
T
T
T
h
57
03h
57
03h
57
03h
57
03h
57
0
a9
a9
a9
a9
a9
itB38%
i
%
i
%
i
%
i
. tB38. tB38. tB38. tB38
a. . 9a. . 9a. . 9a. . 9a. .
92-9In2
92-9In2
92-9In2
92-9In2
92
In2
k553C
k553C
k553C
k553C
k55
M
M
M
M
M
C
Io90.%
Io90.%
Io90.%
Io90.%
Io90
to. 6C
to. 6C
to. 6C
to. 6C
to.
C
f5 -6Io
f -6Io
f -6Io
f -6Io
f
Io
G11 G5
11 G5
11 G5
11 G5
11
ru0
rIu0
rIu0
rIu0
rIu0
323B
323B
323B
323B
32
n .%
n .%
n
sIj27.%
sn
%
s
s
s
B
a
.
a
a
a
j 27 j 27 j 27 j 27
n 2L
L
L
L
n. . 2a
n. . 2a
n. . 2a
n. .
a. . a
L
tr185
tr185
tr185
tr18
n
r5
15
85
-k
M
M55- k
M55- k
M55- k
M55
tk553d553d553d553d55
a10 a10 a10 a10 a10
d
.
.
.
.t
t50.%
t 50.%
t 50.%
t 50.%
x
x
x
x
x50
.S 0S 0S 0S 0S
.. .. .. .. ..
It933It 933It 933It 933It 93
a50 n
a50 n
a50 n
a50 n
a50
n
t %
t %
t %
t %
t
d
d
d
d
d
ie ie ie ie ie
P a
P a
P a
P a
P
a
e e e e e
t L
t L
t L
t L
t
L
tr tr tr tr tr
o d
o d
o d
o d
o
d
.n .n .n .n .n
e e e e e
t t t t t

3.

AMBUJACEMENT FUTURE : AMBUJACEMENT FUTURE OPEN AT 196.60 MADE
HIGH OF 202.65 GIVES ALMOST 3% UPSIDE DIRECTION MOVEMNET ON DAILY OF IT
ALSO SUGGEST UPSIDE MOVEMENT WE CAN MADE LONG POSITION IN IT ABOVE
203 220 SL 199.

4.

ASIANPAINT FUTURE : ASIANPAINT MOVES IN BULLISH TREND TODAY WE CAN
MADE LONG POSITION IN IT ABOVE 884 TGT 984 SL 870.

5.

TATASTEEL FUTURE : TATASTEEL OPEN AT 256 MADE HIGH OF 257.90 MOVES IN
BULLISH TREND ON DAILY CHART OF TATASTEEL SHOWS UPSIDE RALLY WE CAN
EXPECT FURTHER UPSIDE MOVEMENT IN IT.MADE LONG POSITION IN TATASTEEL
ABOVE 258 TGT 280 SL 249.

NSE CASH

1.

PNB NSE CASH : PNB IS TRADING IN A NARROW RANGE AND LONG POSITION CAN
BE MADE ON BREAKOUT OF 125.20 LEVEL ,TGT AND SL WOULD BE 135 AND 121

2.

MOTHERSUMI NSE CASH : LONG POSITION CAN BE MADE ABOVE 293 FOR TGT
AND SL OF 317 AND 284

3.

MRPL NSE CASH : MRPL CAN SHOW UPWARD MOMENT ABOVE THE LEVEL OF
69.20 . LONG POSITION CAN BE MADE ABOVE 69.20 FOR TGT AND SL OF 75 AND
66.70

4.

DISHTV NSE CASH : LONG POSITION CAN BE MADE IN DISHTV ABOVE 98 FOR TGT
AND SL OF 106 AND 95 RESPECTIVELY.

5.

FRL NSE CASH : LONG POSITION CAN BE MADE IN FRL ABOVE 145 FOR TGT AND
SL OF 157 AND 140 RESPECTIVELY.

NSE - WEEKLY NEWS LETTERS
TOP NEWS OF THE WEEK
Govt cuts market borrowing target for H2 FY16- The Government has cut its market
borrowings target for the second half of FY16 by INR 15,000 crore, citing the launch of
the Sovereign Gold Bond and Gold Monetisation schemes.“The gross market borrowings
have been adjusted down by INR 15,000 crore to take into account expected government
borrowings through Sovereign Gold Bonds and Gold Monetisation Scheme,” the Finance
Ministry said on Tuesday. The Centre plans to raise INR 2.49 lakh crore in the second
half of FY16 out of a gross borrowing target of INR 6 lakh crore. Of this, it plans to raise
INR 2.34 lakh crore through government securities. Gross borrowings in the first half of
FY16 totaled INR 3.51 lakh crore, of which INR 1.71 lakh crore were raised in the
quarter ended 30th September, the Finance Ministry said in its Quarterly Report on Debt
Management.
Disinvestment in FY16! Govt. garners Rs. 12,701 crore -: Government has raised Rs.
12,701 crore from stake sale in PSUs in this fiscal and lined up state-run firms in sectors
such as defence, oil and power for disinvestment to garner more capital, Finance Minister
Arun Jaitley reportedly said. he said Government sold part of its stake in REC, PFC,
Dredging Corp of India and Indian Oil Corp to raise a total of Rs. 12,701.33 crore this
year. "The government identified some CPSEs for disinvestment during the year in
sectors, which includes defence, fertiliser, heavy engineering, minerals and metals, oil,
power, steel, technical consultancy, tourism, transport services, trading and marketing,"
Jaitley was quoted as saying.

October IIP comes at five year high! Stands at 9.80% -: For the first time in five year,
Factory output, beating street estimates grew 9.8% in October on the back of strong show
in manufacturing and electricity sectors. This compares with 3.8% in September, which
was revised upwards from 3.6%. The cumulative growth for the period April-October
2015-16 over the corresponding period of the previous year stands at 4.8%. In terms of
industries, 17 out of the 22 industry groups in the manufacturing sector have shown
positive growth during the month of October 2015 as compared to the corresponding
month of the previous year. The Indices of Industrial Production for the Mining,
Manufacturing and Electricity sectors for the month of October 2015 stand at 130.0B,
188.1 and 201.6 respectively, with the corresponding growth rates of 4.7%, 10.6% and
9.0% as compared to October 2014.


Related documents


PDF Document nifty regain supremacy and intraday trading tips
PDF Document equity research report 06 september 2016 ways2capital
PDF Document equity research report 21 november 2016 ways2capital
PDF Document nifty flows lower on profit booking plus best intraday tips
PDF Document equity report ways2capital 23 may 2016
PDF Document bulls persist to dictate and stock market tips for intraday


Related keywords