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Equity Research Report 01 February 2016 Ways2Capital .pdf



Original filename: Equity Research Report 01 February 2016 Ways2Capital.pdf
Title: TECHNICAL TREND ( NIFTY - BANK NIFTY FUTURES )

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TECHNICAL TREND ( NIFTY - BANK NIFTY FUTURES )
NIFTY FIFTY : - The market has kick-started in positive trend on Monday Nifty was up 46 points or 0.67
percent at 7468.75 The mixed trend seen In Europe and Asian markets. The Gain in the Indexes Followed
on Europe Market and US Market that surge approx 1 per cent on last Friday after European Central Bank
said to easing monetary policy in current fiscal,crude oil prices also rebounding. Investors also remained
disappoint over market volatility. "On Wednesday market opened strong following positive Global cues,
Nifty Open up 33.60 points or 0.4 percent at 7469.75. Asian equity markets followed their Wall Street
peers as investors cheered strong European data, and the OPEC Countries also called meeting. Hope to cut
the production of Crude oil. pause in the greenback's rally and higher oil prices. Going forward, if the Nifty
manages to sustain above the 7550 mark then we may witness a continuation of this move towards 76007750 levels. On the other hand, 7550-7480 are now seen as important Support levels, The major resistance
for Nifty is 7680 if the Nifty able to meet that point we could find the comfortable zone for Nifty to move
in the continues trend for Next week. The Resistance for next week is 7680-8010 and the Support for Next
week for Nifty50 is 7400-7350.

BANK NIFTY : - The Bank Nifty open in Positive trend on Monday trading session at 15667 up by 170
points or 0.8 per cent Above . The Bank Nifty is currently trading at 15470 up by 27.75 point or 0.06 per
cent. The The Bank of Japan adopted negative interest rates for the first time at the end of its two-day
policy

review on Friday. The Bank Nifty is seems Strong for Next week also. It can cross the level of

17000. The Strong Resistance for Bank Nifty is 15600-15800 And the Banking Nifty Strong support is
15460-15330 . If the Bank Nifty able to break the level of 16600 we may witnessed the 16000-16200 level
For Next week.

TECHNICAL VIEW (NIFTY- BANK NIFTY FUTURES )
NIFTY
DAILY

R2

R1

PP

S1

S2

7680

7515

7350

7020

R2

R1

PP

S1

S2

8010

7680

7515

7350

7020

R2

R1

PP

S1

S2

9782

8322

7592

6862

5402

8010

WEEKLY

MONTHLY

BANK NIFTY
DAILY

R2

R1

PP

S1

S2

15822

15404

14986

14150

R2

R1

PP

S1

S2

17084

15992

15446

14900

13808

R2

R1

PP

S1

S2

22711

18091

15781

13471

8851

16658

WEEKLY

MONTHLY

MOVING AVERAGE

21 DAYS

50 DAYS

100 DAYS

200 DAYS

NIFTY

7548

7715

7850

8110

BANK NIFTY

15735

16420

16825

17560

PARABOLIC SAR

DAILY

WEEKLY

MONTHLY

NIFTY

7250

7990

8280

BANK NIFTY

14880

17540

19150

PATTERN FORMATION ( NIFTY AND BANK NIFTY )

Depiction of Chart On the Above given weekly chart Applied the 200 days Moving average along with 50 days Exponential moving
Average. The Moving average lag the current price action because they are based on past prices longer the time period the greater the lag of
Moving Average. Thus a 200-day MA will have a much greater degree of lag than a Less-days MA because it contains prices for the past
200 days. With breaks above and below this moving average considered to be important trading signals.for Buying or Selling. MA also
impart important trading signals on their own, .While on the Above given Chart EMA is About to cross over the MA which is a early signal
for Bullish movement for Nifty . The global market also in Support for Bull movement, The privilege for Nifty50 to give gap-up opening in
next week. So we can expect that if the Nifty is crossing the level of 7600 it can make the high of 77650-7680 for
Next Week. Weekly Support of Nifty Is 7450-7500 And Resistance is 7600-7650.

BANK NIFTY MACD

Details of Chart On the Above given weekly chart of bank Nifty applied 200 days Moving Average along with 50 days Exponential
moving Average . And the both are the indicators on Bull movement for Bank Nifty. After long time the Bank Nifty has seen the Near
level of 16900. The market is now in good shape so we could expect the handsome return from the Bank Nifty for Next week. Hope from
Banking industry is Also good for next week, so we are assuming further movement of Bank Nifty The Crucial level for Banking Nifty is
15600-15800 if the Nifty able to meet that target we can Expect the Bank Nifty 16000 level near next week. we Still bullish on bank Nifty.
The major Resistance for Nifty Is 15800-16150 And the Support for Banking Nifty is 15400-15320.

NSE EQUITY DAILY LEVELS
COMPANY NAME

ACC
ALBK
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
INFY
BANK
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
EQ
EQ

R2

R1

PP

S1

S2

1277
55
197
881
419
2368
134
101
14
303
589
335
100
3214
377
3489
880
1209
1059
2649
72
828
242
329
957
1194
68
158
1131
1262
36328
4248
230
117
65
399
1053
491
52
189
72
904
349
61
262
137

1264
54
196
873
413
2345
129
100
139
295
584
328
98
3161
372
3441
872
1190
1053
2605
71
838
235
323
944
1180
66
156
1115
1246
35977
4171
227
114
63
391
1044
480
51
184
69
891
342
61
255
133

1240
52
194
866
403
2304
126
98
137
288
581
316
95
3066
367
3396
857
1167
1044
2523
70
809
227
319
922
1155
63
155
1092
1224
35638
4047
224
110
62
380
1031
466
50
181
68
865
333
60
251
127

1227
51
193
858
397
2281
121
96
136
280
576
309
93
3013
362
3348
849
1148
1038
2479
68
799
220
313
909
1141
61
153
1076
1208
35287
3970
221
108
60
372
1022
455
49
176
67
852
326
59
244
123

1203
50
191
851
387
2240
118
94
134
273
573
297
91
2918
357
3303
834
1125
1029
2397
67
780
212
309
887
1116
58
152
1053
1186
34948
3846
218
104
58
362
1009
441
48
173
66
826
317
58
240
117

TOP 15 ACHIEVERS

SR.NO

SCRIPT NAME

PREV
CLOSE

CMP

//

% CHANGE

1

TATA ELEXSI LTD

1734

2076

+19.72%

2

NIIT TECH.

473

552

+16.69%

3

FINOLEX IND.

272.90

317.45

+16.32%

4

HIND. ZINC

138.50

160.65

+15.99%

5

UNION BANK OF IN

114.50

130.50

+13.93%

6

TORRENT POWER LT 207.45

234.30

+12.92%

7

GUJRAT PIPAVAV

143.45

161.85

+12.83%

8

GRUH FINANCE

232.25

261.15

+12.83%

9

SUN PHARMA

277.45

311.70

+12.44%

10

APOLLO TYRES

132.35

147.60

+11.52%

11

UPL

392.10

436.90

+11.43%

12

INDIA CEMENT LTD 83.80

93.35

+11.40%

13

SKS MICROFINANCE 476.05

528.80

+11.08%

14

PIRAMAL ENTERPRI 895.65

994.60

+11.05%

15

RALLIS INDIA

165.95

+10.97%

149.55

SR.NO

TOP 15 LOOSERS

SCRIPT NAME

PREV CLOSE

ADITYA BIRLA
2065.70
NUVO
1.45+2.45+3.45+4.
N452+N
5.45 NJUST
N DIAL
N
802.15
I751I 751I 751I 751I 75
I326I 326I 326I 3236I 32 RCOM
73.30
T .T .T .T .T
67.11+
68.11+
69.
610.
6.11+
H114+
H11 HIDEA
H CELLULAR
H
116.60
9IT361
9IT361
9IT361
9IT36 LTD
IT361
E805
%
E805
%
E805
%
E805
%
E
N
N
N
N
670.90
5N80 JET AIRWAYS
C. . . D
C. . . D
C. . . D
C. . . D
C. .
D
H
H
H
H
.H
5
6
9
.
5
6
9
.
5
6
9
.
5
6
9
.
5
6
T22+T22+T22+T226+T22 UNITED SPIRITS 2733
.O05
.O05
.O05
.O05
.O05
Z
39
1Z
39
1Z
39
1Z
39
1Z
3 LTD
IR74%
2IR74%
2IR74%
2IR747%
2IR74 ENGINEERS
211.05
N
N
N
N
N
R. . . R. . . R. . . R. . . R. . INDIA
C
C
C
C
C
E2
42
3+
9G
E2
42
3+
9G
E2
42
3+
9G
E2
42
3+
9E43
G
232.40
8G22 ADANI PORTS
N3
56
01
2N3
56
01
2N3
56
01
2N3
56
01
2N3
56
0
R
R
R
R
R
T212
%
T212
%
T212
%
T212
%
T
124.60
9 21 GATI LTD.
U. . . U. . . U. . . U. . . U. .
P1
P1
P1
21+
8A
2 8P1
2 8P1
2+
8A
2
A
841.00
H
H 1+A
H 1+A
H 110
H 1 UNITED
O3
54
51
3O3
54
51
3O3
54
51
3O3
54
51
3O3
54
5 BREWERIES
P
P
P
P
P
W
W
W
W
W
%
%
%
%
271
271
271
271
27 ALOK
5.48
E. . . O
E. . . O
E. . . O
E. .11
E. . INDUSTRIES
O
.O
F
F
F
F
F
R365R365R365R365R36
I89+L
I 89+L
I 89+L
I 8912
+L
I 89 BEML LTD
1115
L
I5
30
32
1I 5
30
32
1I 5
30
32
1I 5
30
32
1I 5
30
3
N
N
N
N
N
L %
L %
L %
L %
L
L
L
L
L
L
. . 1 . . 1N. . 1N. .13
1 . . BHARTI AIRTEL 310.15
N
T N
T T T N
T
D
83. D83. D
83. D83. D
83
O
A054O
A054O
A054O
A054O
A05
P
8
9
+
P
8
9
+
P
8
9
+
P
8
9
+
I I I I 14P
I 89 SYNDICATE BANK 72.10
0N991
0N991
0N991
0N99
N991
IA %
I %
IA %
I %
I
541A541
541A5415
1A54 TATA POWER CO. 64.35
T
C T
C T
C T
C T
C
R. . . R. . . R. . . R. . . R. .
Y
Y
Y
Y
Y
61
6+
0R
61
6+
0R
61
6+
0R
61
6+
0R
61
6
E1
E1
E1
E1
E1
R
A
A
A
A
A
C
C
C
C
C
52
01
5P
52
01
5P
52
01
5P
52
01
5P
52
0
P
R0
R0
R0
R0
R0
M
%
M
%
M
%
M
%
M
P
911
P
911
P
911
P
911
P
91
E
E
E
E
E
E. . . E. . . E. . . E. . . E. .
A
A A
A A
IM
S021IM
S021IM
S021IM
S021IM
S02
L
L
L
L
L
N
0
0
9
N
0
0
9
N
0
0
9
E E E N
E009N
E00
F %F %F %F %F
N R
N R
N R
N R
N
R
E
E
E
E
E
A
T A
T A
T A
T A
T
1

CMP

% CHANGE

870.00
-57.88%
608.65
-24.12%
62.10
-15.28%
103.10
-11.58%
602.60
-10.18%
2488
-8.96%
193.05
-8.53%
212.70
-8.48 %
114.15
-8.31%
776.90
-7.62%
5.11
-6.75%
1041
-6.67%
289.70
-6.59%
67.55
60.35

-6.34%
-6.22%

NEXT WEEK STARS (AS PER TECHNICAL ANALYSIS PRIDICTION)
NSE CASH
GATI : IT IS MOVE IN
MOVEMENT IN IT ABOVE

N N
P P
T
R
R
L T
L
O
O
E
E
T
J T
J
R
E R
E
BULLISH TREND DCPWEDCP
T T
123 TGT 140 SL 118.R R
I

I

N N
P P
T
R
R
L T
L
O
O
E
E
T
J T
J
R
E
E
D R
D
CAN
C
P C
P
T T
R R

N
P
T
R
L
O
E
T
J
R
E
D
EXPECT
C
P
T
R

I

I

I

FURTHER BULLISH SIDE

ADANIENT : WE CAN MADE LONG POSITION IN IT ABOVE 77 TGT 90 SL 72.

HCC : HCC MOVES IN BULLISH TREND ON DAILY CHART WE CAN EXPECT FUTHER UPSIDE
MOVEMENT IN IT ABOVE 22.60 TGT 25 SL 21.

SUZLON : WE CAN MADE LONG POSITION IN IT ABOVE 20 TGT 25 SL 18.

RENUKA SUGARS : IT MOVES IN BULLISH TREND TODAYS WE CAN EXPECT FURTHER
UPTREND IN IT ABOVE 13 TGT 18 SL 11.

J86- J86- J86- J86- J86
U002U002U002U002U00
S284S284S284S284S28
T. . . T. . . T. . . T. . . T. .
6-1I 11
6-1I 11
6-1I 11
6-1I 11
6
I11
50
51
2D1
50
51
2D1
50
51
2D1
50
51
2D1
50
5
D1
I631
%
I 631
%
I 631
%
I 631
%
I 63
E
E
E
E
E
A. . . A. . . A. . . A. . . A. .
L
U6
21
25
-L
U6
21
25
-L
U6
21
25
-L
U6
21
25
-L
U6
21
2
C
N0
70
48C
N0
70
48C
N0
70
48C
N0
70
48C
N0
70
4
E
%
E
%
E
%
E
%
E
I38. I 38. I 38. I 38. I 38
L
L
L
L
L
T389T389T389T389T38
L
E22-6L
E22-6L
E22-6L
E22-6L
E22
A
A
A
A
A
U
U
U
U
U
%
%
%
%
D318
D318
D318
D318
D31
L
L
L
L
A22. A22. A22. A22. L
A22
A
A
A
A
S. . 4N
S. . 4N
S. . 4N
S. . 4A
S. .
N
N
R4 8IP
R4 8IP
R4 8IP
R4 8IP
R4
IP
U
87- U8
7- U8
7- U8
7- U8
7
I4
I4
I4
I4
I4
07
07N
P
07
07N
P
07
07N
P
07
07N
P
07
0
N
L %
L %
L %
L %
L
R
R
R
R
R
IP
16. IO
16. IO
16. IO
16. IO
16
IT. . 6T
IT. . 6T
IT. . 6T
IT. . 6T
IT. .
O
R
R
R
R
T
D T
D T
D T
D T
D
T
R
E
B0
19
12
-E
B0
19
12
-E
B0
19
12
-E
B0
19
12
-E
B0
19
1
S00%
T
S
S
S
S
D
E1 6D
E0
10%
6D
E0
10%
6D
E0
10%
6D
E0
10
S
M
14. M14. M14. M14. M14
L
B516L
B516L
B516L
B516L
B51
L
L
L
L
L
T R
T T R
T T
R
7S76-7R
7S76-7R
S
7
6
S
7
6
S
76
D
D
D
D
D
E276
E276
E276
E276
E27
L
%
L
%
L
%
L
%
L
Y
Y
Y
Y
Y
W
W
W
W
W
T
T
T
T
T
N
...N
...N
...N
...N
..
E153D
E153D
E153D
E153D
E15
D
IR054IR054IR054IR054IR05
I %
I %
I %
I %
I
C
C
C
C
C
E A
E A
E A
E A
E
A
S T
S T
S T
S T
S
T
E E

E

E

E

B
A
N
K

B
A
N
K

B
A
N
K

B
A
N
K

B
A
N
K

NSE FUTURE
JUSTDIAL FUTURE : JUSTDIAL MOVES BEARISH TRENS TODAY.ALSO ON DAILY CHART
IT CONTINOUSLY MOVES IN BEARISH TREND WE CAN MADE SHORT POSITION IN IT
BELOW 550 TGT 500 SL 565.

KSCL FUTURE : WE CAN MADE LONG POSITION IN AT ABOVE 360 TGT 400 SL 340.

APOLLOHOSP FUTURE : APOLLOHOSP FUTURE MOVES IN BULLISH TREND WE CAN
EXPECT FURTHER BULLISH REND IN IT ABOVE 1498 TGT 1550 SL 1480.

BEML FUTURE : BEML FUTURE MOVES IN BEARISH TREND TODAY ON DAILY CHART IT
ALSO SUGGEST BEARISH TREND WE CAN MADE SHORT POSITION IN IT BELOW 1050 TGT
1000 SL 1070.

JETAIRWAYS FUTURE : IT IS MOVES IN BEARISH TREND TODAY ALSO ON DAILY CHART
IT IS MOVES IN BEARISH TREND

NSE - WEEKLY NEWS LETTERS
TOP NEWS OF THE WEEK

GST remains very high on the government's priority: Arun Jaitley - Finance Minister
Arun Jaitley reportedly said that one main reform which is still work in progress is ‘ease
of doing business’ in India and steps are under way on that front. Jaitley said the political
opposition is unlikely to obstruct the reform process, including on the direct and indirect
tax reforms. Speaking at ‘The Global Economic Outlook’ session, Jaitley said GST
remains very high on the government’s priority, says report.
India's forex reserves fall by $1.7 billion - The country’s forex reserves were lower by
$1.7 billion to $347,208 billion in the week to January 15, according to RBI data. RBI
data says that the foreign currency assets slipped by $1.72 billion to $324.67 billion The
value of gold in the reserves remained unchanged at $17.24 billion during the week. The
country’s reserve position in the IMF further witnessed a drop of $0.7 million to $1.296
billion.
Govt may boost capital infusion plan for PSBs - The Finance Ministry is considering
injecting more capital into public sector banks than the previously announced INR
70,000 crore infusion to strengthen their balance sheets, reports a business daily. “We are
assessing the capital requirement position of each bank depending on their bad loans and,
if need be, we may have to expand the capital infusion programme,” a Finance Ministry
official has said. An announcement to this effect could be made next month by Finance
Minister Arun Jaitley in the Union Budget for 2016-17 if the Government decides to
expand the capital infusion programme, according to the paper. The plan is at a
preliminary stage and no decision has been taken so far, adds the paper.
India is in better position than rest of the world: Chanda Kochhar, ICICI Bank - As
the world dives into financial weakness, Chanda Kochhar, MD and CEO of ICICI Bank
shared her insight on the macroeconomic outlook. According to her, the rupee is
performing better than other global currencies. She sees a visible improvement in
inflation with interest rates going down and finds the overall macroeconomic picture
better when compared to the rest of the world.


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