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 Report ways2capital 6 june 2016 .pdf



Original filename: Equity Report ways2capital 6 june 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 06/06/2016 at 11:02, from IP address 111.118.x.x. The current document download page has been viewed 270 times.
File size: 1.2 MB (14 pages).
Privacy: public file




Download original PDF file









Document preview


TECHNICAL TREND ( NIFTY - BANK NIFTY FUTURES )
NIFTY FIFTY : The Equity benchmark has opened in a positive note on Monday, the
Nifty50 is up by 10 points or 0.12 per cent at 8166. The Nifty has rallied almost 500 points
in last six to seven trading sessions. But for the last four day’s, it has been facing some
Resistance near the 8200 level. We may see the more correction and the index can come
down to around 8023 level, which is 38.20 per cent retracement level of the entire rally
from 7700 to 8200. Continues expectation of US positive data. Which increased the
possibility of a rate hike by the Fed in next meeting. Data release on Thursday suggested
domestic economy grew at 7.9 per cent in march quarter to help india achieve a five year
high annual growth rate of 7.6 per cent. The ECB is maintain the status quo for the fourth
Monetary policy review on Thursday on moderate Inflation and economic growth . The
Nifty crucial levels for the upcoming week would be around 8100-8200 in down side and
8300-8350 is in Up side.

BANK NIFTY : - is planning to float a fund that will invest in sunk loans held by
lenders, minister of state for finance Jayant Sinha said on Tuesday, as the authorities strive
to clean up balance sheets of banks. Bank loan to the Industrial Sector remained almost
flat with a mere 0.1 per cent growth in April , Validating these concern that lack of
Industrial Projects is taking the fizz out the economy Reserve Bank of India data showed
loans to industry growth is 5.9 per cent in the same period. The Bank Nifty trend seen the
Upside in a daily chart we may witness the Bank Nifty level around 17900-18100 in the
upcoming week. The Crucial Levels for Bank Nifty is 17450-17570 and Upside is 1780018000.

Monday, 06 June 2016

TECHNICAL VIEW (NIFTY- BANK NIFTY FUTURES )
NIFTY
DAILY

WEEKLY

MONTHLY

R2

R1

PP

S1

S2

8379

8283

8235

8187

8091

R2

R1

PP

S1

S2

8589

8335

8208

8081

7827

R2

R1

PP

S1

S2

8530

8320

8215

8110

7900

R2

R1

PP

S1

S2

18034

17816

17707

17598

17380

R2

R1

PP

S1

S2

18016

17605

17194

16372

R2

R1

PP

S1

S2

18835

18013

17602

17191

16369

BANK NIFTY
DAILY

WEEKLY

18838

MONTHLY

MOVING AVERAGE

21 DAYS

50 DAYS

100 DAYS

200 DAYS

NIFTY

7960

7855

7609

7801

BANK NIFTY

16897

16552

15765

16520

PARABOLIC SAR

DAILY

WEEKLY

MONTHLY

NIFTY

7925

7725

6894

BANK NIFTY

16717

15757

13525

PATTERN FORMATION ( NIFTY )

Detail of Chart On the above given chart of Nifty has applies Bollinger Band and MACD and made the
Supportive Trend line these are the trend identifying pattern and made Support level in
the Nifty daily chart that made on the above given chart we have draw the for day period
and it is able to break the 8200 up level. However in upcoming trading session it could
break the level of 8300 which is the strong Resistance for the Nifty50 around 8300-8350.
Now we are expecting that if the Nifty is able to sustain the 8200 level we are witness the
market in upcoming trading session can see the Bull trend of Nifty for some more
sessions on the other hand if Nifty rebound the 8200-8250 level again we may see the
positive rally in the index. The Strong Support for Nifty50 is 8150-8200 and the
Resistance is 8300-8350.

PATTERN FORMATION ( BANK NIFTY )

Details of ChartOn the above given chart of Nifty has applies the MACD and Bollinger Band, the Bank
Nifty is looking Bullish for the upcoming trading sessions of next week. these are the
trend identifying pattern and made the high of this month Bank Nifty daily chart that
made on the above given chart we have draw the trend line for more than the week period
and if it is able to break the Uper levels 17750-17800. However in upcoming trading
session it could break these level which is the strong Resistance for Bank Nifty around
17750-17800. Now we are expecting that if the Bank Nifty is able to sustain the 1760017650 level we may witness the consolidation trend of Bank Nifty for some more
sessions on the other hand if Bank Nifty rebound the 17750-17860 level again we may
see the positive rally in the index. The Strong Support for Bank Nifty is 17500-17560 and
the Resistance is 17700-17900.

NSE EQUITY DAILY LEVELS
COMPANY NAME

R2

R1

PP

S1

S2

ACC

EQ

1580

1570

1554

1544

1528

ALBK

EQ

53

52

51

50

49

AMBUJACEM

EQ

235

232

230

227

225

ASIAN PAINT

EQ

1042

1032

1023

1013

1004

AXISBANK

EQ

555

548

538

531

521

BAJAJ-AUTO

EQ

2823

2695

2631

2603

2567

BANKBARODA

EQ

146

143

142

139

138

BANKINDIA

EQ

89

87

85

83

82

BHEL

EQ

123

120

119

116

115

BHARTIARTL

EQ

369

365

360

356

351

CIPLA

EQ

475

471

469

465

463

COALINDIA

EQ

312

311

309

308

306

DLF

EQ

139

135

133

129

127

DRREDDY

EQ

3220

3190

3166

3136

3112

GAIL

EQ

380

375

373

368

366

GRASIM

EQ

4392

4356

4333

4297

4274

HCLTECH

EQ

728

725

722

719

716

HDFC

EQ

1278

1265

1256

1243

1234

HDFCBANK

EQ

1192

1182

1176

1166

1160

HEROMOTOCO

EQ

3244

3212

3180

3148

3116

HINDALCO

EQ

108

107

105

104

102

HINDUNILVR

EQ

899

891

880

872

861

ICICIBANK

EQ

248

246

244

242

240

ITC

EQ

362

358

355

351

348

INDUSIND BANK

EQ

1138

1131

1125

1118

1112

INFY

EQ

1288

1277

1269

1258

1250

JINDALSTEL

EQ

65

63

62

60

59

KOTAKBANK

EQ

791

780

762

751

733

LT

EQ

1497

1481

1468

1452

1439

M&M

EQ

1368

1362

1352

1346

1336

MRF

EQ

33868

33678

33489

33290

33110

MARUTI

EQ

4265

4241

4210

4186

4155

ONGC

EQ

215

214

212

211

209

ORIENTBANK

EQ

85

83

82

80

79

RCOM

EQ

52

50

49

48

47

RELCAPITAL

EQ

414

408

403

397

392

RELIANCE

EQ

966

962

959

955

952

RELINFRA

EQ

545

534

526

515

507

RPOWER

EQ

53

52

51

50

50

SBIN

EQ

205

200

198

193

191

SSLT( VEDL)

EQ

109

107

105

103

102

SUNPHARMA

EQ

757

746

741

730

725

TATAMOTORS

EQ

464

458

455

449

446

TATAPOWER

EQ

76

75

74

73

72

TATASTEEL

EQ

352

345

340

333

328

UNIONBANK

EQ

120

116

114

111

108

TOP 15 ACHIEVERS

SR.NO

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

SCRIPT NAME

PREV
CLOSE

CMP

//

SR.NO

% CHANGE

HINDALCO INDUS

91.90

105.55

+14.85 %

TATAMOTORS

403.90

453.95

+12.39 %

COAL INDIA LTD

281

308

+9.83 %

ADANI PORTS

191

204

+6.70 %

AXIS BANK LTD

512

542

+5.90 %

NTPC

140

147

+5.35 %

HERO MOTOCORP

3002

3146

+4.79 %

KOTAK BANK

742

769

+3.60 %

AUROBINDO

763

789

+3.50 %

TECH MAHINDRA

535

551

+2.95 %

BAJAJ AUTO LTD

2563

2639

+2.94 %

HUL

861

884

+2.75 %

TATA STEEL

329

338

+2.72 %

ASIANPAINTS LTD

998

1025

+2.71 %

YES BANK LTD

1025

1049

+2.33 %

1
T44+T44+T44+T442+T44
A051A051A051A051A05
T332T332T332T3332T33
A. . . A. . . A. . . A. . . A. .
1.
1
A1
A
M
92
9+32.
M1
92
9+33.
M1
92
9+34.
M
92
94+35.
M1
92
9
D
O9
00
56
9D
O9
00
56
9D
O9
00
56
9D
O9
00
56
9D
O9
00
5
A
T14. A
T14. A
T14. A
T145. A
T14
N
O 7
%N
O 7
%N
O 7
%N
O 7
%N
O
N
IR11+0N
IR11+0N
IR11+0N
IR116+0N
IR11
TP
S445TP
S445TP
S445TP
S445TP
S44
P
O07.%P
O07.%P
O07.%P
O077.%P
O07
C
R 3C
R 3C
R 3C
R 3C
R
K
T77+5K
T77+5K
T77+5K
T778+5K
T77
O
S463O
S463O
S463O
S463O
S46
T29.%T29.%T29.%T299.%T29
A 6A 6A 6A 6A
TK55+0TK55+0TK55+0TK55
+0TK55
10
352 352 352 352 35
E E E E E
.%B51
B51.%B51.%B51.%B51
11
C
A 9C
A 9C
A 9C
A 9C
A
H
88+5H88+5H
88+5H88
+5H88
N
H N
H N
H N
H 12N
H
K682U
K682U
K682U
K682U
K68
U
14.% 14.% 14.% 14
.
% 14
13
L 7L 7L 7L 7L
M
M91+A
M M +A
M
A
91+5A
5 91+5A91
5 91
14
902A902A902A902A90
A
S S S S S
82.% 82.% 82.% 82.% 82
H
I 57H
I 57H
I 57H
I 15
I 5
57H
IA 1IA 1IA 1IA 1IA

TOP 15 LOOSERS

SCRIPT NAME

PREV CLOSE

SUN PHARMA

824

737

BHEL

128

118
-7.88 %

IDEA CELLULAR

113

105

757

721

GAIL

379

370

LUPIN

1480

1450

ULTRATECH

3248

3189

CIPLA

473

465

RELIANCE

974

959

ITC LTD

359

353

HDFC BANK

1186

1171

L&T

1474

1460

WIPRO

545

540

AMBUJA CEMENT

230

228

ONGC

213

211

-6.68 %
AHCLATECH
A

-4.71 %
-2.39 %
-2.03 %
-1.82 %
-1.74 %
-1.54 %
-1.50 %
-1.27 %
-0.97 %
-0.84 %

NEXT WEEK STARS (AS PER ECHNICAL ANALYSIS PRIDICTION)
+13.67 AMBUJA CEMENT
AM 204
232
Futures
Pack
%
BUJ 18128
20371
2. B +12.37 3.
B 12+4.12+5.12+6.12+7.
B12+B B B
N N N N N
%
1
1
1
1
A
NSE CASH : BUY NETWORK18
ABOVE
43
TGT
46.80
SL
41.70
8T0O8T0O8T0O8T0O8T01
ACC 1240
1385 O +11.68 OSCH
ACC
2 2 2 2 2
CEM
S %
LTD.
1S3. S1S3. S1S3. S321
1S3. S1S3TGT
NSE CASH : BUY SOBHA LIMITED
NSE
CASH ABOVE
346 SL 312.
.
ENT
C
2
7
C
2
7
C
2
7
C
2
7
C
2
7
3 3 262
3 SL 234.
NSE CASH : BUY KIRIINDUS NSE CASH ABOVE 32413 TGT
H
8L17H8L17H8L17H8L17H8L17
NSE CASH : BUY MONSANTO NSE CASH ABOVE 2500 TGT 2750 SL 2425.
T

T

T

T

%D510
%
NSE CASH : BUY RAMCOCEM
558 SL 495.
L NSE CASH ABOVE
LD %TGT
LD %LD %
D L

Cash Pack

T
D
.

% CHANGE

-10.62 %

N %N
N %N
N %N
N %N
N
N
D
D P
D P
D
P D
P P
R
R
R
R
A A A A R
A
A
I A
I A
I A
I A
I

T

CMP

TTTT
DDDD
. . . .

NSE FUTURE : BUY NCC FUTURE ABOVE 73.10 TGT 74.40 SL 72.50
NSE FUTURE : BUY TATAELXSI FUTURE ABOVE 1827 TGT 1860 SL 1818
NSE FUTURE : BUY HINDALCO FUTURE ABOVE 107.30 TGT 109 SL 106.80
NSE FUTURE : BUY MCLEODRUSS FUTURE ABOVE 184 TGT 190 SL 181
NSE FUTURE : BUY JISLJALEQS FUTURE ABOVE 66.50 TGT 67.50 SL 66

-0.69 %
-0.54 %

111- 211- 311- 4B11- 5
B11
H217H217H217H217H21
E88. E88. E88. E88. E88
L 8L 8L 8L 8L
H77-8H77-8H77-8H77-8H77
C524C524C524C524C52
L71.%L71.%L71.%L71.%L71
7T 7T 7T 7T
LT11-1LE11-1LE11-1LE11-1LE11
U
E442U
C442U
C442U
C442U
C44
P
C85.%P
H85.%P
H85.%P
H85.%P
H85
IH000I 000I 000I 000I 00
C
N44-3C
N44-3C
N44-3C
N44-3C
N44
I 761I 761I 761I 761I 76
P35.%P35.%P35.%P35.%P35
L 7L 7L 7L 7L
IA33-4IA33-4IA33-4IA33-4IA33
T551T551T551T551T55
C93.%C93.%C93.%C93.%C93
5 5 5 5
L11-0L11-0L11-0L11-0L11
&
T440&
T440&
T440&
T440&
T44
TD76.%TD76.%TD76.%TD76.%TD76
409 409 409 409 40
A22-7A22-7A22-7A22-7A22
M
320M320M320M320M32
B08.%B08.%B08.%B08.%B08
U 6U 6U 6U 6U
J 9J 9J 9J 9J
A A A A A
% % % %
C C C C C
E E E E E
M M M M M
E E E E E
N N N N N
T T T T T

NSE - WEEKLY NEWS LETTERS
✍ TOP NEWS OF THE WEEK
US Foreign Portfolio Investors ask india to amend capital gains tax treaty - Foreign
portfolio investors based out of the US have collectively approached the India with a
request to amend the India-US tax treaty, exempting them from paying capital gains tax ,
people close to the development said. These investors — mainly pension funds —are
those who had invested in Indian equities through Mauritius route. They say the India-US
treaty should be amended in a way that there's no capital gains on those investors who do
not pay taxes back home in the US. They also expressed their wish to directly come to
India rather than route through an investment vehicle based in a third country such as
Mauritius or Singapore, a person in the know said.
Most Asia Pacific Banks have buffers against commodity Risk - Moody’s - Moody's
Investors Service says that banks in Asia Pacific show moderate loan exposure to
borrowers in commodity-related industries, with such loans making up around 7% of
gross loans on average at end-2015.However, the quality of such loans will likely
continue to deteriorate, based on Moody's assessment that energy and commodity prices
will remain low over a prolonged period.

Indian Companies raised a records Rs. 4.92 lakh crore last fiscal through Private
Placement in FY’16 - Indian companies raised a record Rs 4.92 lakh crore last fiscal
through private placement of corporate bonds to meet business needs, a surge of six per
cent from the preceding year. Firms raked in Rs 4,92,047 crore in 2015-16 through
private placement of corporate bonds, higher than Rs 4.66 lakh crore garnered in the
preceding financial year ended March 2015, as per a report by Prime Database.This was
the highest ever fund raising by companies in a financial year since 2001-02, when the
firms had raked in Rs 45,427 crore.
RBI to Lower by Another 50 Bps in FY-17 - Morgan Stanley - The Reserve Bank is
expected to keep key rates unchanged in the next policy meeting on June 7, but might
lower rates by another 50 bps during the current financial year, says a report by Morgan
Stanley.According to the report, retail inflation is likely to moderate going forward and is
expected to decelerate to 4.5 per cent by March 2017. "Based on our CPI forecast and
RBI's stated real rate target of 1.5-2 per cent, we expect RBI to lower rates by another 50
bps in FY2017," Morgan Stanley said in a research note.

Indian Economy to Grow at 7.7 per cent in this Fiscal - Survey - Indian Economy will
grow 7.7 per cent in the ongoing fiscal Amid likely improvement in the Industrial and
Agricultural sectors, Performance on Account of Good Monsoon, Though the investment
cycle is expected to take at least a months to witness a Pick-Up. Say a Survey. “The
Growth in 2016-17 is expected to be Supported by and improvement in the Agricultural
and Industrial Sector Performance. Prediction of a Good Monsoon, After two consecutive
years of sub-optimal rainfall back the improve outlook in the current fiscal.

✍ TOP ECONOMY NEWS

The country's first Nuclear Operator's Liability Policy has been issued to Nuclear Power
Corporation of India, underwritten by a consortium of insurance companies through the
India Nuclear Insurance Pool.

Foreign direct investment into India increased by 16.5% to USD 2.46 billion in March
this year.

Indian IT companies would have to pay at least an additional USD 4,000 for every H-1B
visa application under the new regulations that came into effect last December.

The Central Board of Direct Taxes on Friday issued a series of clarifications for the roll
out of the Foreign Account Tax Compliance Act and the Common Reporting Standards,
based on its interaction with financial institutions.

The

Centre is actively considering proposals of four public sector general insurance

companies to be part of the Pradhan Mantri Fasal Bima Yojana launched this year.

Mineral

bearing states have collected penalty of the order of Rs. 11.71 billion from

illegal mining activities between 2012-13 and 2015-16 till the end of September 2015.

The

country's economy grew 7.6% in 2015-16, at the same rate pegged by advance

estimates, compared to 7.2% in the previous year.

Indicating better tidings for the economy, the eight core sector industries grew 8.5% in
April this year with refinery products and electricity registering double digit growth.


Related documents


equity research report 25 july 2016 ways2capital
equity report ways2capital 6 june 2016
equity research report ways2capital 09 may 2016
equity research report 15 february 2016 ways2capital
equity research report 21 november 2016 ways2capital
equity research report 10 october 2016 ways2capital


Related keywords