Daily Newsletter Equity 30-12-11

Page 1

Daily Newsletter-Equity 30/12/2011

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MARKET WRAP Indian market ends significantly down; Nifty down 60 pts, Sensex down 184 pts. Europe’s M3 Money supply y/y came at 2.0%; Private loans y/y came to 1.7%. European markets were green with DAX leading; Dow Futures was up 19 pts.

On F&O expiry market witnessed thin volumes but significant volatility. Indices tried to enter in positive zone but failed & ended near day’s lows. Nifty was down 60 pts at 4645 & Sensex down 184 pts to settle at 15544. Euro markets were green with DAX up 23 pts at 5794, FTSE up 10 pts at 5517 & CAC up 5 pts at 3076. Dow future was up 19 pts.

MARKET PERFORMANCE NIFTY GAINERS COMPANY NAME Grasim Industries Jindal Steel & Power SBI PNB SAIL

CURRENT 2515.35 463.20 1628.85 780.90 80.55

PREV. CLOSE(RS) 2459.35 454.95 1610.20 774.35 80.00

CHANG.(RS) 56.00 8.25 18.65 6.55 0.55

CHAG.(%) 2.28 1.81 1.16 0.85 0.69

COMPANY NAME

CURRENT

PREV. CLOSE(RS)

CHANG.(RS)

CHAG.(%)

R Comm

68.10

71.90

-3.80

-5.29

BHEL

236.25

247.10

-10.85

-4.39

R Infra

344.15

358.60

-14.45

-4.03

Maruti Suzuki Tata Power

921.75 88.50

959.30 92.00

-37.55 -3.50

-3.91 -3.80

NIFTY LOSERS

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SECTORIAL INDICES INDEX

P. CLOSE

OPEN

HIGH

LOW

LAST

% CHANGE

S&P CNX NIFTY

4,705.80

4,681.15

4,701.80

4,639.05

4,646.25

-1.27

CNX NIFTY JUNIOR

8,366.35

8,365.40

8,367.90

8,293.20

8,334.55

-0.38

INDIA VIX

26.74

26.74

27.55

26.43

26.62

-0.45

CNX 100

4,547.10

4,526.75

4,543.80

4,490.15

4,495.50

-1.13

S&P CNX DEFTY

3,056.00

3,035.80

3,055.15

3,010.75

3,016.75

-1.28

S&P CNX 500

3,644.10

3,630.60

3,642.00

3,603.65

3,607.60

-1.00

CNX MIDCAP

6,127.75

6,126.90

6,126.90

6,069.25

6,078.40

-0.81

NIFTY MIDCAP 50

1,766.85

1,760.95

1,768.70

1,749.30

1,752.35

-0.82

BANK NIFTY

8,111.40

8,050.30

8,137.40

7,986.75

8,027.40

-1.04

CNX ENERGY

7,252.45

7,227.25

7,249.55

7,041.55

7,057.50

-2.69

CNX FMCG

10,304.25

10,282.20

10,330.75

10,206.90

10,244.95

-0.58

CNX INFRA

2,162.15

2,156.55

2,156.55

2,115.15

2,122.35

-1.84

CNX MNC

4,555.95

4,546.50

4,554.90

4,502.85

4,518.45

-0.82

CNX PHARMA

4,551.15

4,550.30

4,561.95

4,534.80

4,549.55

-0.04

CNX PSE

2,673.25

2,668.75

2,673.65

2,628.80

2,634.95

-1.43

CNX PSU BANK

2,603.85

2,592.55

2,630.50

2,566.95

2,624.65

0.80

CNX REALTY

189.60

189.80

190.00

185.35

185.95

-1.93

CNX SERVICE

5,672.75

5,641.95

5,671.60

5,596.50

5,611.80

-1.07

CNX IT

6,167.20

6,128.35

6,158.40

6,097.45

6,111.70

-0.90

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NSE STATS 14 35 01

ADVANCES DECLINES UNCHANGED

INDEX MOVERS (PULLING IT UP) COMPANY NAME SBI Jindal Steel & Power Sterlite Inds. (I) Hindustan Unilever Hindalco

CONTRIBUTION 6.05 3.97 1.20 1.06 0.98

INDEX MOVERS (PULLING IT DOWN) COMPANY NAME

CONTRIBUTION -15.60 -19.66 -20.54 -22.15 -56.37

ICICI Bank Larsen & Toubro HDFC Bank Infosys Reliance Industries

CORPORATE ACTIONS (30-Dec-2011) COMPANY NAME Andhra Cements

India Securities

Radhe Developers (India)

Asian Films Production

K S Oils

Sarthak Industries

Autoline Industries

Morgan Ventures

Shri Lakshmi Cotsyn

Centrum Capital

Neha International

Sterling Strips

DCM Financial Services

Pacific Cotspin

Venus Power Ventures

Gujarat State Financial Corp

Radix Industries (India)

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FII TRADING ACTIVITY (NSE & BSE) In Crores CATEGORY

DATE

BUY VALUE

SELL VALUE

NET VALUE

FII

29-DEC-2011

1504.50

2520.32

-1015.82

DII TRADING ACTIVITY (NSE & BSE) In Crores CATEGORY

DATE

BUY VALUE

SELL VALUE

NET VALUE

DII

29-DEC-2011

996.86

673.79

323.07

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

NO OF CONTRACTS 797753.00 1048698.00 5701644.00 168230.00 7716325.00

TURNOVER IN RS. CR. 17495.68 22327.69 135673.85 3680.61 179177.83

PUT CALL RATIO 0.82 0.65 0.82

ASIAN MARKETS Name

Open

High

Low

Current Value

Change

% Chg

Nikkei 225

8367.71

8404.89

8330.87

8398.89

-24.73

-0.29

Hang Seng

18329.61

18409.12

18293.81

18397.92

-120.75

-0.66

Taiwan

7026.86

7074.82

6998.97

7074.82

18.15

0.26

KOSPI

1,815.63

1835.19

1806.88

1,825.74

0.62

0.03

Jakarta

3,769.12

3813.09

3,736.23

3,808.77

39.56

1.04

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TECHNICAL VIEW NIFTY DAILY PIVOT SCRIPT NIFTY

R4 4848

R3 4786

R2 4724

R1 4685

P 4662

S1 4623

S2 4600

S3 4538

S4 4476

OUTLOOK Trend: - Consolidate Resistance: - 4730, 4800 Support: - 4580, 4500 Strategy: - Sell on high

NIFTY DAILY

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BANK NIFTY DAILY PIVOT SCRIPT BANK NIFTY

R4 8427

R3 8307

R2 8187

R1 8108

P 8067

S1 7988

S2 7947

S3 7827

S4 7707

OUTLOOK Trend: - Consolidate Resistance: - 8220, 8450 Support: - 7820, 7600 Strategy: - Sell on high BANK NIFTY DAILY

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Stock Recommendation CapitalHeight’s stock recommendation for 30/12/11 is Reliance Industries. Reliance Industries has been in downtrend from the past few months making lower tops & lower bottoms. The stock after making a lower top has come down in order to continue to its trend. Reliance Industries has also made a head & shoulder pattern (indicating bearishness) and currently is there on its neckline. It is expected that it should break its neckline and may go down in order to respect its pattern. The stock today has made a long bearish candle indicating bearishness in the near term; Reliance Industries if breaks the level of 700 is expected to test the level of 610 and further if continued may test the level of 560 in the medium term. Our recommendation on Reliance Industries is SELL below 707 for Tg- 700 & 690.

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