PDF Archive

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

Share a file Manage my documents Convert Recover PDF Search Help Contact



Equity Research Report Ways2Capital 18 April 2016 .pdf


Original filename: Equity Research Report Ways2Capital 18 April 2016.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 18/04/2016 at 11:31, from IP address 111.118.x.x. The current document download page has been viewed 252 times.
File size: 1.2 MB (20 pages).
Privacy: public file




Download original PDF file









Document preview


TECHNICAL TREND ( NIFTY - BANK NIFTY FUTURES )
NIFTY FIFTY : The Market started off week on a flat-to-positive note. The Nifty
advanced 13 points to 7568 or 0.2 per cent. Asia Market were lower ahead of a series of
market-moving economic data due this week. The US market ended marginally higher on
Friday amid rebound in crued oil prices. Investor sentiment was hit by low expectations
from the earnings season that is set to kick start with IT giant Infosys on Friday. There is
very high probability that we may see choppy action going forward. At least for the next
few trading session. Domestic equity witnessed a Subdued start on Tuesday trading
session on mixed Asian Cues, On Wednesday The Nifty50 was trading at 7,799 up 90
point or 1.17 per cent. The Rally in market was largely led by surplus monsoon Forecast
by the whether department this year after two consecutive droughts. The Economic data
released too influenced the market sentiment factory output grew by 2 per cent and retail
inflation dropped to 4.83 per cent in march from 5.26 in last month. The crucial levels for
Nifty is 7880-8000 up side and 7800-7750 in down side.

BANK NIFTY : - The Bank Nifty Open positive on Monday at 15623 up by 55 points or
0.35 per cent. The Reserve Bank of India Governor Raghuram Rajan said the interest rate
are now significantly lower and will continue to be so. The Banks having retail focus are
expected post better financial results in the fourth quarter ended March 31. The Supreme
Court expressed concern over the “ substantial” bad debt burdening the country’s banks
and asked the Reserve Bank of india what it was doing as regulator to ensure that dues
were being recovered and not piling up. It also pushed the central bank to reveal the total
amount of such non performing assets, The Bank Nifty closed in a positive note last week
and we are expecting if it is able to sustain the level of 16300 we may witness the forward
movement. The Strong Support for Bank Nifty is 16150-15900 and Resistance is 1650016460.

Monday, 18 April 2016

TECHNICAL VIEW (NIFTY- BANK NIFTY FUTURES )
NIFTY
DAILY

WEEKLY

MONTHLY

R2

R1

PP

S1

S2

8105

7921

7829

7737

7553

R2

R1

PP

S1

S2

8787

8091

7743

7395

6699

R2

R1

PP

S1

S2

8789

8093

7745

7397

7003

R2

R1

PP

S1

S2

17043

16505

16236

15967

15429

R2

R1

PP

S1

S2

18746

16930

16022

15114

13298

R2

R1

PP

S1

S2

18746

16930

16022

15114

13298

BANK NIFTY
DAILY

WEEKLY

MONTHLY

MOVING AVERAGE

21 DAYS

50 DAYS

100 DAYS

200 DAYS

NIFTY

7623

7420

7576

7890

BANK NIFTY

15710

15081

15799

16830

PARABOLIC SAR

DAILY

WEEKLY

MONTHLY

NIFTY

7784

6986

7901

BANK NIFTY

16260

13590

18056

PATTERN FORMATION ( NIFTY )

Detail of Chart On the Above given chart of Nifty has applied the MACD along with Resistance Level
these are the trend identifying pattern and made the Resistance level in the Nifty daily
chart that made on the above given chart we have draw the Trend line for more than the
week period and it is not able to break the up level. However in upcoming trading session
it could break the upper level of channel line which is the strong Resistance for the
Nifty50 around 7880. Now we are expecting that if the Nifty is able to sustain the 7800
level we may witness the Bull trend of Nifty on the other hand if Nifty rebound the 78807950 level again we may see the positive rally in the index. The Strong Support for Nifty
50 is and the Resistance is 7800-7760.

PATTERN FORMATION ( BANK NIFTY )

Details of ChartOn the Above given chart of Bank Nifty has applied the MACD along with Resistance
Level these are the trend identifying pattern and made the Resistance level in the Bank
Nifty daily chart that made on the above given chart we have draw the Channel line for
more than the week period and it can able to reach the up level. However in upcoming
trading session it could break the upper level of channel line which is the strong
Resistance for the Bank Nifty around 16380-16450 . Now we are expecting that if the
Nifty is able to sustain the 16300 level we may witness the Bull trend of Bank Nifty on
the other hand if Nifty rebound the 16350-16380 level again we may see the positive rally
in the index. The Strong Support for Bank Nifty 50 is 15900-15880 and the Resistance is
16390-16450.

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 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
EQ
EQ

R2

R1

PP

S1

S2

1489
58
236
882
448
2693
155
98
139
370
521
280
124
3141
377
4163
850
1132
1093
3260
100
915
250
337
1004
1207
72
707
1263
1408
37269
3837
216
95
56
401
1079
585
53
195
97
842
419
73
341
136

1479
57
233
878
444
2632
154
97
136
360
516
278
123
3122
372
4121
843
1124
1087
3211
98
906
245
334
995
1191
70
698
1248
1370
36840
3791
215
94
54
396
1071
578
53
193
95
836
414
71
337
133

1464
56
230
872
441
2552
152
95
132
355
510
277
121
3104
366
4076
839
1108
1078
3124
96
889
239
329
984
1179
68
691
1239
1310
36570
3698
214
92
53
393
1062
575
52
192
94
830
406
70
331
131

1454
55
227
868
437
2491
151
94
129
345
505
275
120
3085
361
4034
832
1100
1072
3075
93
880
234
326
975
1163
66
682
1224
1272
36141
3652
212
91
51
388
1054
568
51
190
92
824
401
68
327
129

1439
54
224
862
434
2411
149
92
125
340
499
274
118
3067
355
3989
828
1084
1063
2988
91
863
228
321
964
1151
64
675
1215
1212
35871
3559
211
81
50
385
1045
565
49
189
91
818
393
67
331
127

TOP 15 ACHIEVERS

SR.NO

1
2
3
4
5
6
7
8
9
10
11
12
13
14
15

SCRIPT NAME

BHEL
HINDALCO INDUS.
TATA MOTORS LTD

PREV
CLOSE

112
84.90

CMP

//

% CHANGE

133

+18.43 %

96.30

+13.43 %

370

408

+10.32 %

M&M

1215

1332

+9.60 %

GAIL INDIA LTD

339

369

+8.84 %

NTPC

126

137

+8.12 %

BAJAJ AUTO LTD

2394

2582

+7.84 %

ICICI BANK

225

240

+6.67 %

TATA STEEL

312

332

+6.58 %

BHARTI AIRTEL

330

351

+6.28 %

HERO MOTOCORP

2963

3148

+6.23 %

LUPIN LIMITED

1463

1548

+5.82 %

ACC

1390

1469

+5.69 %

BANK OF BARODA

144.35

152.45

+5.61 %

WIPRO LTD.

559

584

+4.63 %

SR.NO

1
H89 H89 H89 H892H89
I 46+I 46+I 46+I 46+I 46
N. . 1N. . 1N. . 1N. . 31N. .
D933D933D933D933D93
1.
1
M
A1
01
0. 2.
A1
01
0. 3.
A1
01
0. 4.
AM
01
04. 5.
A1
01
0
&
L23+4&
L23+4&
L23+4&
L23+4&
L23
M
C139
3M
C139
3M
C139
3M
C1359
3M
C13
O52. O52. O52. O52. O52
N116
%N116
%N116
%N1166
%N11
TI 23+0TI 23+0TI 23+0TI 23+0TI 23
P
N678P
N678P
N678P
N6778P
N67
C
D .%C
D .%C
D .%C
D .%C
D
IU221IU221IU221IU2281IU22
C
S24+2C
S24+2C
S24+2C
S24+2C
S24
.I 506.I 506.I 506.I 5096.I 50
C .%C .%C .%C .%C
B
I 336B
I 336B
I 336B
I 33
6B
I 33
10
35+ 35+7B35+7B35+7B35
B
H 7B
H H H H
6A01
A016A016A016A01
11
A
N .%A
N .%A
N .%A
N .%A
N
LK112LK112LK112LK11
2L11
R R R R 12K
R
45+ 45+ 45+ 45+ 45
U 8U 8U 8U 8U
6
4
5
6
4
5
6
4
5
6
4
5
T T T T 13T64
P38.%P38.%P38.%P38.%P38
I 11 B
I I I I
B
8 118B118B118B11
I I I I 14I
45+2A45+2A45+2A45+2A45
A
A A A A A
N425N425N425N425N42
IN. . . IN. . . IN. . . IN. 15
I
% % % . .%N. .
346R346R346R346R34
R
K K K K K
L551L551L551L551L55
T T T T T
I I I I I
E %O
E %O
E %O
E %O
E
O
M M M M M
LF LF LF LF LF
I I I I I

TOP 15 LOOSERS

SCRIPT NAME

IPCA LAB

PREV CLOSE

555

CMP

% CHANGE

493
-11.22 %

HINDUSTAN ZINC

186

165
-11.14 %

JAYPEE INFRA

8.25

7.65

37.85

35.15

-7.27 %
MALPHA
M M
LAB

-7.13 %
RAJESH EXPORT

634

594
-6.25 %

UBL

828

797

INFOSYS

1219

1172

BEML LIMITED

975

941

INDIAN BANK

102

99

UNITED SPIRITS

2448

2377

VIJAYA BANK

31.55

31.45

IRB INFRA

223.95

223.33

SUN TV

359.70

358.90

KRUR VYSYA

472.50

472.10

BHARAT FORGE

830.20

830.05

-3.76 %
-3.68 %
-3.45 %
-2.93 %
-2.89 %
-0.32 %
-0.29 %
-0.22 %

NEXT WEEK STARS( AS PER ECHNICAL ANALYSIS PRIDICTION )
+13.67 AMBUJA CEMENT
AM 204
232
NSE
CASH
%
BUJ 18128
2.
B
20371 +12.37 3.
B T12+4.T12+5.T12+6.T12+7.
BT12+B B B
B B B B B
%
1
1
1
1
A
E
E
E
E
OSC
8A0O8A0O8A0O8A0OE8A01
ACC 1240
1385 +11.68 OSCH
ACC
D2D 2D 2D 2D 2
CEM
%
H
LTD.
1R3. S1R3. S1R3. S1R3. S1R3.
NSE
CASH
:
BUY
DCBBANK
ABOVE
86.50
TGT 112 SL 81.
ENT
LTD.
2O73C2O73C2O73C2O73C2O73
8D17H8D17H8D17H8D17H8D17
A A A A A
NSE CASH : BUY HINDLCO ABOVE 98 TGT
125 SL 87.
%
L %L %L %L %
TTTT
DDDD
NSE CASH : BUY BAJAJCORP ABOVE 410 TGT 450 SL 393.
. . . .

NSE CASH : BUY CHENNPETRO ABOVE 210 TGT 224 SL 198.

NSE CASH : BUY ITD CEMENTATION ABOVE 126 TGT 138 SL 121.

-0.08 %
-0.02 %

1 1- 2 1- 3 1- 4H 1- 5
H1
I 161I 161I 161I 161I 16
N851N851N851N851N85
D6 . D6 . D6 . D6 . D6
A
U33-1A
U33-1A
U33-1A
U33-1A
U33
LS757
4LS757
4LS757
4LS757
4LS75
P
T. . . P
T. . . P
T. . . P
T. . . P
T. .
H
A811
%H
A811
%H
A811
%H
A811
%H
A81
U
A
57
5-3U
A
57
5-3U
A
57
5-3U
A
57
5-3U
A
57
5
N8
N8
N8
N8
N8
B293B293B293B293B29
LZ87.%LZ87.%LZ87.%LZ87.%LZ87
A
I 7A
I 7A
I 7A
I 7A
I
B
B
B
B
B
B
N99-6B
N99-6B
N99-6B
N99-6B
N99
EC743EC743EC743EC743EC74
M
51.%M51.%M51.%M51.%M51
L 4L 4L 4L 4L
U22-5U
L22-5U
L22-5U
L22-5U
L22
N
L432N
I 432N
I 432N
I 432N
I 43
I 47.%IM47.%IM47.%IM47.%IM47
TM
878TI 878TI 878TI 878TI 87
IEI 22-9IET22-9IET22-9IET22-9IET22
R
D
D
D
D
D
T220R
E220R
E220R
E220R
E22
B
E33.%B
D33.%B
D33.%B
D33.%B
D33
SD. . 2S. . 2S. . 2S. . 2S. .
K
IP4
94
3-9K
IP4
94
3-9K
IP4
94
3-9K
IP4
94
3-9K
IP4
94
3
R
N
57
30R
N
57
30R
N
57
30R
N
57
30R
N
57
3
I7
I7
I7
I7
I7
U
FR22.%U
FR22.%U
FR22.%U
FR22.%U
FR22
R
I . . 0R
I . . 0R
I . . 0R
I . . 0R
I..
A
T518A
T518A
T518A
T518A
T51
V
S00 V
S00 V
S00 V
S00 V
S00
Y %Y %Y %Y %Y
S S S S S
Y Y Y Y Y
A A A A A

NSE FUTURE

NSE FUTURE : SELL CENTURYTEX FUTURE BELOW 612 TGT 598 SL 616

NSE FUTURE : SELL JETAIRWAYS FUTURE BELOW 622 TGT 612 SL 627

NSE FUTURE : SELL MCLEODRUSS FUTURE BELOW 195 TGT 190 SL 197

NSE FUTURE : BUY RECLTD FUTURE ABOVE 165 TGT 170 SL 163

NSE FUTURE : SELL SRTRANSFIN FUTURE BELOW 977.50 TGT 960 SL 684

NSE - WEEKLY NEWS LETTERS
✍ TOP NEWS OF THE WEEK
PMO push: Commerce Ministry plans to set up dedicated team for trade talks - The
commerce department is considering setting up a specialised team to negotiate
international trade deals. The move follows a nudge from the Prime Minister's Office
amid concerns that India is not moving fast enough on its free-trade agreements and that
it could have got a better deal on some of the pacts. At a recent meeting with senior
officials from other ministries and departments, the PMO discussed the idea of building a
team comprising officers from foreign services and trade lawyers official said consensus
was reached in the issue in the meeting.

Govt may form panel to clear PSBs' bad loan mess - The Government is considering
forming a three-member committee to approve the bad loan settlement plans of public
sector banks. The move comes after the Centre's bid to clean up the bad-loan mess and
give PSBs a fresh start didn't elicit an enthusiastic response, according to source. Bankers
are not keen on a one-time loan settlement that involves taking a haircut, fearing
investigating agencies will come after them, Source. The panel will consist of an exSupreme Court judge, a former chief vigilance commissioner and a retired official of the
Comptroller & Auditor General. Banks can approach the panel with settlement proposals
for approval and execute them without fearing action against them, a top government
official told. The Non- Performing Assets of Public Sectors Banks more than doubled to
6.7 % at the End of Dec 2015 from 3.22 at the end of FY 13.

ASSOCHAM asks banks not to get swayed away by shrill in Mallya case Impressing upon the banks not to get swayed away by the shrill of public discourse
against the purported willful defaulters, apex industry body ASSOCHAM today said that
offer made by industrialist Vijaya Mallya should be considered carefully before rejecting
it, because his offer does convey his “intention” to repay the loans taken from the public
sector lenders. “With so much shrill on the wilful defaulters, the banks and their principal
shareholder, the Government of India, should take a dispassionate view of the case rather
than being influenced by the media reports which at times get exaggerated in the ‘rightor-wrong ’ debate,” ASSOCHAM Secretary General D S Rawat said in a statement. He
said, the main concerns for the banks ‘ consortium should be recovery of its assets which
have become NPAs and all genuine efforts must be made towards that end.


Related documents


equity research report ways2capital 18 april 2016
equity research report ways2capital 11 april 2016
equity research report ways2capital 09 may 2016
equity report ways2capital 6 june 2016
equity report ways2capital 16 may 2016
equity research report ways2capital 25 april 2016


Related keywords