Daily Equity Letter

Page 1

Daily Newsletter Newsletter-Equity 15/07/2011

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MARKET WRAP Indian market ended flat 0.2%%; Nifty up 14 pts and Sensex was up 22 pts. European CPI y/y came at 2.7% while Core CPI y/y came at 1.6% vs 1.5%. European markets were red with CAC worst while Dow future was up 4 pts. Indian equity closed flat losing early gains as selling pressure returned in the markets in the last 30 minutes of trade. Nifty was up 14 pts to end at 5599 while Sensex up 22 pts to settle at 18618. European markets were also red today with FTSE down 44 pts at 5862, DAX down 39 pts at 7229 & CAC down 32 pts at 3761. Dow future was up 4 pts.

MARKET PERFORMANCE NIFTY GAINERS COMPANY NAME Sesa Goa DLF Ambuja Cement IDFC ACC

CURRENT 296.40 233.90 126.50 138.15 978.75

PREV. CLOSE(RS) 286.60 227.20 123.15 134.50 955.90

CHANG.(RS) 9.80 6.70 3.35 3.65 22.85

CHAG.(%) 3.42 2.95 2.72 2.71 2.39

CURRENT 1123.70 96.60 456.70 1850.95 1430.70

PREV. CLOSE(RS) 1149.05 98.20 463.75 1878.10 1451.80

CANG.(RS) -25.35 -1.60 -7.05 -27.15 -21.10

CHAG.(%) -2.21 -1.63 -1.52 -1.45 -1.45

NIFTY LOSERS COMPANY NAME TCS R COM GAIL Hero Moto Baja jAuto

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SECTORIAL INDICES INDEX

P.CLOSE

OPEN

HIGH

LOW

LAST

% CHANGE

S&P CNX NIFTY

5585.45

5569.00

5653.95

5541.70

5599.80

0.26

CNX NIFTY JUNIOR

11282.35

11270.80

11441.15

11260.90

11390.45

0.96

CNX IT

6408.55

6383.35

6385.95

6314.60

6325.90

-1.29

BANK NIFTY

11142.25

11121.40

11385.35

11072.50

11263.80

1.09

INDIA VIX

19.52

19.52

20.29

17.85

19.97

2.30

CNX 100

5506.60

5493.10

5574.85

5469.95

5527.20

0.37

S&P CNX DEFTY

4344.15

4341.45

4403.05

4316.70

4357.85

0.32

S&P CNX 500

4508.40

4499.55

4560.60

4482.60

4525.50

0.38

CNX MIDCAP

8103.00

8103.15

8196.85

8074.50

8168.40

0.81

NIFTY MIDCAP 50

2468.85

2460.50

2496.25

2455.00

2483.30

0.59

CNX INFRA

3097.70

3090.40

3136.95

3078.10

3110.25

0.41

CNX REALTY

283.40

282.70

293.55

281.65

290.25

2.42

CNX ENERGY

8552.80

8518.60

8606.40

8476.90

8525.60

-0.32

CNX FMCG

10393.70

10390.40

10445.90

10283.25

10361.90

-0.31

CNX MNC

5080.80

5071.20

5139.45

5061.55

5103.45

0.45

CNX PHARMA

4889.60

4884.25

4960.40

4870.85

4934.75

0.92

CNX PSE

3445.20

3432.90

3472.65

3417.50

3443.15

-0.06

CNX PSU BANK

3950.85

3943.85

4031.95

3928.25

4001.50

1.28

CNX SERVICE

6807.90

6787.35

6888.75

6757.00

6825.50

0.26

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NSE STATS ADVANCES DECLINES UNCHANGED

26 24 0

INDEX MOVERS (PULLING IT UP) COMPANY NAME ICICI Bank SBI HDFC L&T Tata Motors

CONTRIBUTION 21.31 12.10 11.63 10.56 9.55

INDEX MOVERS (PULLING IT DOWN) COMPANY NAME

CONTRIBUTION

NTPC ONGC ITC TCS Infosys

-4.43 -7.27 -7.44 -18.82 -26.35

CORPORATE ACTIONS (14-July-2011) COMPANY NAME Aanjaneya Lifecare Balaji Telefilms Camlin Coromandel International Dabur India Elgi Equipments

Gujarat Fluorochemicals Hindustan Media Ventures IndusInd Bank Inox Leisure J K Paper Jetking Infotrain

JJ Finance Corporation Kirloskar Brothers Kirloskar Ferrous Kirloskar Industries Madhya Desh Papers NEPC India

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FII TRADING ACTIVITY (NSE & BSE) In Crores CATEGORY

DATE

BUY VALUE

SELL VALUE

NET VALUE

FII

14-JUL-2011

2339.99

2128.53

211.46

DII TRADING ACTIVITY (NSE & BSE) In Crores CATEGORY

DATE

BUY VALUE

SELL VALUE

NET VALUE

DII

14-JUL-2011

1591.70

1073.88

517.82

F&O TRADE STATISTICS PRODUCT

NO OF CONTRACTS

TURNOVER IN RS. CR.

PUT CALL RATIO

Index Futures Stock Futures Index Options Stock Options F&O Total

671261.00 552009.00 4023254.00 173805.00 5420329.00

17650.63 16061.11 113587.89 5126.55 152426.17

1.03 0.44 1.00

ASIAN MARKETS Name

Open

High

Low

Current Value

Change

% Chg

Nikkei 225

9929.18

9998.49

9884.00

9936.12

-27.02

-0.27

Hang Seng

21936.87

21945.02

21747.45

21940.20

13.32

0.06

Taiwan KOSPI Jakarta

8495.51 2119.06 3,980.75

8531.96 2130.08 3,997.95

8410.44 2105.24 3,975.87

8481.35 2130.07 3,997.64

-6.71 0.43 16.79

-0.08 0.02 0.42

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TECHNICAL VIEW NIFTY DAILY PIVOT SCRIPT NIFTY

R4 5935

R3 5823

R2 5711

R1 5655

P 5599

S1 5543

S2 5487

S3 5375

S4 5263

OUTLOOK Trend: - Consolidate Resistance: - 56400, 5690 Support: - 5540,, 55490 Strategy: - Sell on high

NIFTY DAILY

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BANK NIFTY DAILY PIVOT SCRIPT BANK NIFTY

R4 12154

R3 11853

R2 11552

R1 11399

P 11251

S1 11098

S2 10950

S3 10649

S4 10348

OUTLOOK Trend: - Consolidate Resistance: - 11350 350, 11500 Support: - 11100,, 10900 Strategy: - Sell on high BANK NIFTY DAILY

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Stock Recommendation CapitalHeight’s

stock recommendation for 15/07/2011 is Tata Consultancy

Services. Tata Consultancy Services in the short-term term is in downtrend making lower tops and lower bottoms and on the daily chart today it has breached its 200 DMA and ended below it at 1123.7. The stock has taken a crucial support of 1110 which if broken, br given the negative market cues, es, then can further fall to 1075. Our recommendation on Tata Consultancy Services is SELL below 1119 for TG 1110 and 1090.

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