Daily Equity Newsletter

Page 1

Daily Newsletter-Equity 22/11/2011

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MARKET WRAP Indian market ends significantly down; Nifty down 127pts Sensex down 425 pts. European current account came better than expected; up at 0.5B vs. (-) 3.2B. European markets were in red with DAX worst; Dow Futures was down 145 pts.

Markets traded in the red with all sectoral indices closed deeply in red with metal, banking, IT & realty being worst performers. Nifty down 127pts at 4778 & Sensex was down 425pts to settle at 15946. Euro markets were red with DAX down 151pts at 5649 FTSE down 108pts at 5255, CAC down 75pts at 2992. Dow future was down 145pts.

MARKET PERFORMANCE NIFTY GAINERS COMPANY NAME Maruti Suzuki HUL

CURRENT 943.05 390.20

PREV. CLOSE(RS) 940.60 389.85

CHANG.(RS) 2.45 0.35

CHAG.(%) 0.26 0.09

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-

-

-

-

COMPANY NAME

CURRENT

PREV. CLOSE(RS)

CANG.(RS)

CHAG.(%)

ICICI

731.60

770.10

-38.5

-5.00

BHEL

261.25

274.85

-13.6

-4.95

R Com

70.00

73.10

-3.1

-4.24

DLF

195.75

204.15

-8.4

-4.11

Bajaj Auto

1623.25

1692.40

-69.15

-4.09

NIFTY LOSERS

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SECTORIAL INDICES INDEX

P. CLOSE

OPEN

HIGH

LOW

LAST

% CHANGE

S&P CNX NIFTY

4,905.80

4,873.80

4,873.80

4,764.80

4,778.35

-2.60

CNX NIFTY JUNIOR

9,268.20

9,267.05

9,267.05

9,058.05

9,087.45

-1.95

INDIA VIX

26.58

23.07

28.69

23.07

28.61

7.63

CNX 100

4,784.35

4,757.90

4,757.90

4,652.60

4,664.85

-2.50

S&P CNX DEFTY

3,315.55

3,277.55

3,278.00

3,172.25

3,184.15

-3.96

S&P CNX 500

3,869.05

3,851.65

3,851.65

3,769.35

3,778.60

-2.34

CNX MIDCAP

6,639.45

6,639.65

6,639.65

6,529.45

6,540.95

-1.48

NIFTY MIDCAP 50

1,926.95

1,918.80

1,918.80

1,884.25

1,890.15

-1.91

BANK NIFTY

8,850.25

8,806.70

8,806.70

8,522.30

8,554.15

-3.35

CNX ENERGY

7,635.20

7,590.40

7,590.40

7,414.20

7,429.65

-2.69

CNX FMCG

10,306.35

10,269.25

10,336.55

10,195.15

10,236.60

-0.68

CNX INFRA

2,445.65

2,430.15

2,443.75

2,383.55

2,393.90

-2.12

CNX MNC

4,637.70

4,621.25

4,630.55

4,551.25

4,555.20

-1.78

CNX PHARMA

4,601.75

4,602.10

4,611.95

4,526.80

4,549.15

-1.14

CNX PSE

2,816.05

2,814.80

2,814.80

2,739.60

2,746.15

-2.48

CNX PSU BANK

2,959.05

2,955.90

2,955.90

2,867.65

2,883.45

-2.55

CNX REALTY

214.75

214.00

215.10

206.20

207.40

-3.42

CNX SERVICE

5,904.05

5,859.45

5,859.45

5,713.00

5,736.40

-2.84

CNX IT

6,017.80

5,981.00

5,999.45

5,835.60

5,885.30

-2.20

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NSE STATS ADVANCES DECLINES UNCHANGED

04 46 00

INDEX MOVERS (PULLING IT UP) COMPANY NAME Sun Pharma Inds. Maruti Suzuki -

CONTRIBUTION 0.35 0.33 -

INDEX MOVERS (PULLING IT DOWN) COMPANY NAME

CONTRIBUTION

HDFC Bank HDFC Reliance Industries Infosys ICICI Bank

-29.21 -30.52 -46.6 -46.65 -53.05

CORPORATE ACTIONS (22-Nov-2011) COMPANY NAME Amtek India

Siemens

Walchandnagar Industries

Pix Transmissions

Surana Corporation

Wyn Aqua Exports

S R Industries

Vintage Cards & Creations

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-

-

-

-

-

-

-

-

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FII TRADING ACTIVITY (NSE & BSE) In Crores CATEGORY

DATE

BUY VALUE

FII

21-NOV-2011

SELL VALUE

NET VALUE

SELL VALUE

NET VALUE

DII TRADING ACTIVITY (NSE & BSE) In Crores CATEGORY

DATE

BUY VALUE

DII

21-NOV-2011

F&O TRADE STATISTICS PRODUCT Index Futures Stock Futures Index Options Stock Options F&O Total

NO OF CONTRACTS 786506.00 963601.00 5263975.00 149560.00 7163642.00

TURNOVER IN RS. CR. 17917.33 21345.33 130155.83 3520.19 172938.68

PUT CALL RATIO 0.87 0.59 0.86

ASIAN MARKETS Name

Open

High

Low

Current Value

Change

% Chg

Nikkei 225

8349.05

8375.60

8343.93

8348.27

-26.64

-0.32

Hang Seng

18213.72

18293.94

18054.23

18225.85

-265.38

-1.46

Taiwan

7166.26

7183.47

7042.64

7042.64

-191.14

-2.71

KOSPI

1,833.90

1,833.90

1,811.69

1,820.03

-19.14

-1.05

Jakarta

3,754.23

3,754.23

3,668.11

3,679.83

-74.67

-2.03

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TECHNICAL VIEW NIFTY DAILY PIVOT SCRIPT NIFTY

R4 5129

R3 5021

R2 4913

R1 4846

P 4805

S1 4738

S2 4697

S3 4589

S4 4481

OUTLOOK Trend: - Consolidate Resistance: - 4860, 4960 Support: - 4700, 4600 Strategy: - Sell on high

NIFTY DAILY

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BANK NIFTY DAILY PIVOT SCRIPT BANK NIFTY

R4 9463

R3 9184

R2 8905

R1 8730

P 8626

S1 8451

S2 8347

S3 8068

S4 7789

OUTLOOK Trend: - Consolidate Resistance: - 8700, 8950 Support: - 8400, 8150 Strategy: - Sell on high BANK NIFTY DAILY

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Stock Recommendation CapitalHeight’s

stock recommendation for 18/11/11 is Larsen & Toubro.

Larsen & Toubro has been in downtrend for the past few months making lower tops and lower bottoms in a downward channel formation and recently made a lower top as it has resist its upward resistance line; today Larsen & Toubro after making an high once again has shown bearishness ended down and has taken support of its important level of 1220 to end at 1227.5 making an intraday low of 1220. Larsen & Toubro if breaks the level of 1220 is expected to go down and may test the level of 1150-1100.

Our recommendation on Larsen & Toubro is Sell below 1220 for Tg of 1210 & 1195.

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