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 18 july 2016 Ways2Capital .pdf



Original filename: Equity Research Report 18 july 2016 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 18/07/2016 at 11:45, from IP address 111.118.x.x. The current document download page has been viewed 191 times.
File size: 957 KB (18 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 bias on Monday with 50
Shares Nifty50 up 90 points or 1.05 per cent at 8413. The Nifty50 reclaimed its Crucial
level of 8400 for the first time in last 10 Month. The Nifty 50 had managed to Sustain
above its major Support of 8250 last week and we are Expecting this Support will remain
intact this week too. Quarter1 of FY17 Results would be Important data point Investors are
waiting for. Though this is likely to become a huge Trigger for the Market in General. The
US Job Market data For June blew everyone’s mind, After crushing to 38,000 in may In
June the US created 2,87,000 additional jobs. The traction in Indian Equities continue to
be strong aided by a rally in Global Equities. As the risk of rise in interest rate in
developed market recedes. The Bank of England keep interest rate unchanged. In such a
scenario, The Nifty 50 is likely to follow suit and make new high soon. Move beyond
8600 is likely to take the index higher up to 8900 levels. The crucial levels for Nifty is
8680-8750 is up side and 8420-8530 downside.

BANK NIFTY : - The Bank Nifty opened in a positive note on Monday up by 252 point
or 1.36 per cent at 18268. The Reserve Bank of India is bracing for a fight on proposed
charges to the global regulatory framework that would hit the Country’s lenders with
higher capital charges for the mountain of Govt. debt on their book. Retail borrower seems
to be moving towards private Sector lenders to meet their loan needs. Ramping up their
market share to 43 percent while the Public Sector Banks is falling as per report. State
owned lenders saddled with bad loans are focused less on Growth say report. The Govt.
Has setup a committee to work with Banks on settlement of NPA as it sought to put in
place an action plan to clean up the books of lenders and comfort them through and
oversight mechanism. The Bank Nifty seems positive in daily chart for next week. The
crucial levels for Bank Nifty is 19220-19450 up side and 18500-18750 down side.

Monday, 18 July 2016

TECHNICAL VIEW (NIFTY- BANK NIFTY FUTURES )
NIFTY
DAILY

WEEKLY

R2

R1

PP

S1

S2

8803

8635

8551

8467

8299

R2

R1

PP

S1

S2

8702

8520

8338

7974

R1

PP

S1

S2

8784

8478

8172

7560

R2

R1

PP

S1

S2

19656

19170

18927

18684

18198

R2

R1

PP

S1

S2

19503

18757

18011

16519

R2

R1

PP

S1

S2

21952

19740

18634

17528

15316

9066

MONTHLY

R2
9396

BANK NIFTY
DAILY

WEEKLY

20995

MONTHLY

MOVING AVERAGE

21 DAYS

50 DAYS

100 DAYS

200 DAYS

NIFTY

8312

8149

7870

7828

BANK NIFTY

18016

17541

16581

16583

PARABOLIC SAR

DAILY

WEEKLY

MONTHLY

NIFTY

7933

7019

6500

BANK NIFTY

17285

16538

16335

PATTERN FORMATION ( NIFTY )

Detail of Chart On the Above given daily Chart of Nifty has drawn the multiple Resistance and the Trend
line in daily Candlestick Chart it has Formed the hanging man from last two trading
session now it seems that it has formed the Strong bullish candle which is giving the
Signal toward the Bull Market. The Nifty has managed to sustain its crucial Support level
of 8350 which lead the Nifty Toward 8500-8600 we are Expecting that if rally is
Continue we may witness the New high of Nifty in upcoming week. Now the 8600 level
is very important as Resistance level if it break we may touch the level of 8900 in near
term. The Crucial levels for Nifty is 8630-8800 up side and 8450-8380 is down side.

PATTERN FORMATION ( BANK NIFTY )

Details of ChartOn the Above Given daily Chart of Bank Nifty has Applied the Bollinger Band and
Parabolic SAR both the Indicators are Leading which tells the trend of the market. Some
traders buy when Middle band Break the up side or sell when it break down side. The Use
of Bollinger Band varies from Traders to Traders as we can see that on the Above given
Chart of Bank Nifty it has break the Upper band which is a Signal of Bull Market in
Near-Term. It has also formed the Bullish Engulfing candle in daily Chart which is also
the Bullish market signal, From that level we are expecting that if the Bank Nifty is able
to break the level of 19000. The Rally may Continue Toward the bull side for next week.
The Crucial level for Bank Nifty is 19170-19460 up side and 18690-18280 down side.

NSE EQUITY DAILY LEVELS
COMPANY NAME

R2

R1

PP

S1

S2

ACC
ALBK

EQ
EQ

1655
83

1634
81

1624
80

1603
78

1593
77

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

267
1037
577
2717
170
118
146
386
523
327
161
3631
400
4906
752
1385
1245
3311
140
960
272
254
1147
1241
76
787
1617
1502
35076
4547
234
128
53
421
1030
575
54
236
170
779
513
74
385
145

264
1031
571
2702
168
117
145
382
519
324
158
3598
397
4868
734
1372
1234
3278
138
951
268
252
1137
1155
75
780
1602
1483
34635
4512
232
125
52
413
1022
563
53
233
167
775
504
73
379
142

261
1024
563
2684
165
116
143
373
515
322
157
3581
393
4806
722
1346
1215
3259
137
941
266
250
1125
1104
73
773
1579
1466
34388
4458
230
123
51
408
1012
556
52
232
164
769
491
71
367
140

258
1018
557
2669
163
115
142
369
511
319
154
3548
390
4768
704
1133
1204
3226
135
932
262
248
1115
1018
72
766
1564
1447
33947
4423
228
120
50
400
1004
544
51
229
161
765
482
70
361
137

255
1011
549
2651
160
114
140
360
507
317
153
3531
386
4706
692
1307
1185
3207
134
922
260
246
1103
967
70
759
1541
1430
33700
4369
226
118
49
395
994
537
50
228
158
759
469
68
349
135

TOP 15 ACHIEVERS

SR.NO

1
2
3
4

SCRIPT NAME

TATA STEEL

318

+9.84 %

IDEA CELLULAR

102

111

+8.92 %

126

MARUTI SUZUKI

4161

13
14
15

4472

355

ADANI PORTS

378

207

220

154

SBIN

164

218

HDFC
11
12

137

231

1286

TATA MOTORS

1364

466

YES BANK LTD

494

1120

HDFC BANK

1179

1174

1223

SR.NO

1

+17.14 %

265

BANK BARODA
9
10

372

% CHANGE

241

BHARTI AIRTEL
7
8

CMP

ICICI BANK

HINDALCO INDUS
5
6

PREV
CLOSE

//

+8.32 %
+7.45 %
+6.72 %
+6.50 %
+6.14 %
+6.05 %
+6.00 %
+5.94 %
+5.26 %
+4.16 %

ZEEL

453

471

+4.16 %

ULTRATECH CEM

3400

3531

+3.86 %

I 22+I 22+I 22+I 222+I 22
C469C469C469C469C46
I 15. I 15. I 15. I 153. I 15
C 8C 8C 8C 8C
H
I 11+4H
I 11+4H
I 11+4H
I 114+4H
I 11
IB238IB238IB238IB238IB23
N
A67.%N
A67.%N
A67.%N
A675.%N
A67
D
N 3D
N 3D
N 3D
N 3D
N
B
A
A
A
A
A
K33+2B
K33+2B
K33+2B
K336+2B
K33
H
L576H
L576H
L576H
L576H
L57
A
C58.%A
C58.%A
C58.%A
C587.%A
C58
R
O 7R
O 7R
O 7R
O 7R
O
B
T11+2B
T11+2B
T11+2B
T118+2B
T11
A
I 566A
I 566A
I 566A
I 566A
I 56
N
A
A
A
A
A
N44.%N
N44.%N
N44.%N
N449.%N
N44
K
ID 1K
ID 1K
ID 1K
ID 1K
ID
H
+4H
R
R
R
R
R
U11+4H
U11+4H
U11+4H
U11
U11
10
B
B
B
B
B
T236SD
T236SD
T236SD
T236SD
T23
SD
FA
.%FA
E86.%FA
E86.%FA
E86.%FA
E86
E86
11
C
R
R
R
R
R
L640C
L640C
L640C
L640C
L64
YO11+0YO11+0YO11+0YO11
+0YO11
12
ED115ED115ED115ED115ED11
SA27.%SA27.%SA27.%SA27
.%SA27
13
092 092 092 092 09
ZB44+6ZB44+6ZB44+6ZB44
+6ZB44
14
EA574EA574EA574EA574EA57
EN31.%EN31.%EN31.%EN31.%EN31
LK 1LK 1LK 1LK 15
1LK
6 6 6 6
L L L L L
T %T %T %T %T
D D D D D

TOP 15 LOOSERS

SCRIPT NAME

PREV CLOSE

CMP

BERGER PAINTS

297

223

EMAMI INFRA

82.55

69.80

GLOBAL OFFS

159

141

TV18BROADCAST

45.75

40.80

KIRI INDUSTRIES

389

348

THOMAS COOK

217

195

M&M FINSERV

354

321

PRAJ INDUSTRIES

92.85

85.60

INFOSYS

1158

1072

UNITED SPIRITS

2624

2446

JUST DIAL LTD.

592

553

CYIENT LIMITED

505

473

B F UTILITIES

568

532

TATA ELXSI LTD.

1732

1628

MPHASIS LTD.

569

535

-24.84 %

:

-10.82 %
-10.43 %
-10.23 %
-9.23 %
-7.81 %
-7.40 %
-6.80 %
-6.65 %
-6.36 %
-6.29 %

BUY LUPIN NSE CASH ABOVE 1685 TGT 1770 SL 1640.

L
T
D
.

Future Pack

%
L %L %L % %

TTT
DDD
. . .

NSE FUTURE :

BUY TATAMOTORS FUTURE ABOVE 503 TGT 510 SL 499.

NSE FUTURE

BUY YESBANK FUTURE ABOVE 1180 TGT 1200 SL 1170.

:

NSE FUTURE :

-15.45 %
-10.99 %

NEXT WEEK STARS (AS PER TECHNICAL ANALYSIS)
+13.67 AMBUJA CEMENT
AM 204
232
%
BUJ 18128
20371
1. B +12.37 2.
B 12+3.
12+4.
12+5.
12+B12+B B
6. B
Cash Pack
%
1
1
1
1 801
A
O
OSCH
8
0
O
8
0
O
8
0
O
8
0
O
+11.68
ACC 1240
1385
ACC
2 2 2 2 2
CEM
%
S
LTD.
1
3
S
1
3
S
1
3
S
1
3
1
3
NSE CASH
:
BUY TATAMTRDVR NSE
320 TGT 335 SL 312.S
. CASH
. . . ABOVE
.
ENT
C INFRATEL NSE CASH
273C273C2ABOVE
73C273 273 360 TGT 380 SL 350.
C
NSE CASH
:
BUY
H
817H817H817H817 817
H
NSE CASH

% CHANGE

SELL M&M FIN FUTURE BELOW 324 TGT 318 SL 327.

L
T
D
.

-5.97 %
-5.87 %

E86- E86- E86- E86- E86
M
291M291M291M291M29
A. . 5A. . 5A. . 5A. . 5A. .
M
58. M58. M58. M58. M58
TI 4
54
0-4TI 4
54
0-4TI 4
54
0-4TI 4
54
0-4TI 4
54
0
V
I 501
5V
I 501
5V
I 501
5V
I 501
5V
I 50
1
N. . 01
N. . 01
N. . 01
N. . 01
N. .
8
F78.%8
F78.%8
F78.%8
F78.%8
F78
TB
51
0-8TB
51
0-8TB
51
0-8TB
51
0-8TB
51
0
R2
R2
R2
R2
R2
H
R
2H
R
2H
R
2H
R
2H
R
A191
A191
A191
A191
A19
O750O750O750O750O75
M
A .%M
A .%M
A .%M
A .%M
A
P
A
A
A
A
A
D98-2P
D98-2P
D98-2P
D98-2P
D98
R
SC257
3R
SC257
3R
SC257
3R
SC257
3R
SC25
A
A. . . A
A. . . A
A. . . A
A. . . A
A. .
JC
%JC
%JC
%JC
%JC
S868
S868
S868
S868
S86
U
IO
52
0-1U
IO
52
0-1U
IO
52
0-1U
IO
52
0-1U
IO
52
0
T2
T2
T2
T2
T2
N
O646N
O646N
O646N
O646N
O64
ID
K24.%ID
K24.%ID
K24.%ID
K24.%ID
K24
TU468TU468TU468TU468TU46
C
ES54-0C
ES54-0C
ES54-0C
ES54-0C
ES54
YD
T076YD
T076YD
T076YD
T076YD
T07
IR53.%IR53.%IR53.%IR53.%IR53
ESI 3ESI 3ESI 3ESI 3ESI
TN
P
P
P
P
P
E11-6TN
E11-6TN
E11-6TN
E11-6TN
E11
TI 765SA
TI 765SA
TI 765SA
TI 765SA
TI 76
SA
TR32.%TR32.%TR32.%TR32.%TR32
A
LI 289A
LI 289A
LI 289A
LI 289A
LI 28
IT 7IT 7IT 7IT 7IT
EM
S EM
S EM
S EM
S EM
S
LI %LI %LI %LI %LI
X
X
X
X
T T T T X
T
SE SE SE SE SE
ID ID ID ID ID
L L L L L
T T T T T
D D D D D
. . . . .

NSE - WEEKLY NEWS LETTERS
✍ TOP NEWS OF THE WEEK
Consumer SME loan Market to reach $ 3 trillion in 10 Years - Report - With the
government taking various initiatives for hassle-free and cashless financial transactions,
the consumer and SME loan market is expected to grow to $3,020 billion over the next
decade, says a Credit Suisse report. As per the report by the Swiss brokerage, the
domestic financial landscape is likely to transform mainly on the back of government
initiatives like Jan Dhan, Aadhaar and the unified payment interface, as also rising mobile
penetration. "These initiatives have created backbone for instantaneous, inter-operable,
cashless financial transactions. We estimate the consumer and SME loan market will
grow from $ 600 billion to $ 3,020 billion over the next decade," the report said.

GST a 'brahmastra' for India to tackle globally difficult times: Assocham - As the
Winter Session of Parliament began today, industry body Assocham appealed to the
Opposition parties to help in the passage of GST bill as it can be a 'brahmastra' for India
in challenging global times. "Goods and Services Tax is a key 'brahmastra' for our GDP.
Lawmakers across parties should pass the Constitutional Amendment Bill on GST
without further delay," the new Assocham President Sunil Kanoria said. "This would
send a strong signal to investors that India's economy can overcome serious global
challenges with political will,"He said the economy was affected by demand slowdown,
uncertain geopolitical situation after the Paris terror attacks, and an unprecedented crash
in vital commodities. "GST will harmonise indirect taxes by doing away with multiplicity
of taxes. It will also reduce cost of production, which will be then passed on consumers,
thus lowering inflation. More striking would be the display of a political unity and the
will to rise up to national cause," he said. Timely implementation of GST would raise the
GDP by 1.5 to 2 per cent, Kanoria said adding the Opposition should not change their
earlier stance.

India's June WPI at 1.62%, food articles inflation at 8.18% - Wholesale inflation rose
further in June because of pricier vegetables and a small uptick in manufactured goods,
suggesting that industry is getting some respite from declining prices. Wholesale
inflation, as measured by the wholesale price index, rose to 1.62% in June from 0.79% in
May, data released by the government on Wednesday showed. Data released on Monday
had shown consumer inflation at a 22-month high in June because of spike in inflation in
food articles. Wholesale food inflation which jumped to 8.18% led by potatoes and pulses
which were dearer by 64.48% and 26.61% respectively from a year ago.

Retail inflation to cross 6% before easing from September: HSBC - : Retail inflation
is likely to cross the 6 per cent level over next two months but will ease thereafter as food
prices abate and the base effect normalises, says a report. According to global financial
services major HSBC, the inflation based on Consumer Price Index is expected to cross
the 6 per cent year-on-year mark over the next two months, and would ease to 5 per cent
from September onwards. "We expect headline CPI inflation to cross the 6 per cent y-o-y
mark over the next two months, thanks to a low base from last year. However, inflation is
likely to take a turn towards RBI's target of 5 per cent from September onwards as food
prices abate and the base normalises," HSBC said in a research note.

Banks' gross NPA levels to be at 8-8.5 per cent in FY17: Icra - Gross non-performing
loans of banks are nearing peak levels and may be in range of 8-8.5 per cent by Marchend, domestic rating agency Icra said today. "Gross NPAs could be nearing peak levels.
We project banks' gross NPAs to be in the range of 8-8.5 per cent by March 2017," it said
in a report here. Banks' gross bad loans stood at 7.7 per cent as on March 2016. It added
asset quality is not expected to improve substantially in near term. "Significant
improvement in asset quality will hinge upon economic recovery in credit intensive
sectors, as well as successful execution of deleveraging efforts by some stressed corporate
groups," he said. The report said credit growth is likely to be in the range of 11-12 per
cent in 2016-17, primarily driven by retail and other smaller ticket loans.

Indian economy can have 25% share of manufacturing by 2025: Report - India is
expected to increase the share of manufacturing in the overall economy to 25 per cent by
2025 from the current 16 per cent on account of various measures taken by the
government, Dun & Bradstreet said today. The various steps taken by the government in
terms of measures for ease of doing business, creation of conducive environment for the
manufacturing activities, focus on improving industrial policies and FDI enhancement
would aid in reviving the manufacturing sector manufacturing sector and achieving global
competitiveness, it said in a statement. "We expect India to realise the target of 25 per
cent share of manufacturing in overall economy at best by 2025. Going forward, changing
economics of production and distribution and frequent shifts in consumer demand will
require manufacturers to adopt new process and make new products," Arun Singh, Lead
Economist, Dun & Bradstreet India, said.

India Inc's foreign investment down 3% to $ 1.86 billion in June - Direct investments
by Indian firms abroad fell by 3.2 per cent year-on-year to $1.86 billion in June this year,
according to RBI data. Indian companies had invested $1.92 billion in their overseas


Related documents


equity research report 25 july 2016 ways2capital
equity research report 18 july 2016 ways2capital
equity research report 19 september 2016 ways2capital
equity report ways2capital 27 june 2016
equity research report 12 september 2016 ways2capital
equity research report 08 august 2016 ways2capital


Related keywords