Daily News Letter Equity By CapitalHeight 13-03-2012

Page 1

Daily Newsletter-Equity 13/03/2012

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MARKET WRAP Indian market in green with marginal gain; Nifty up 26 pts & Sensex up 84 pts. January IIP data came higher at 6.80%, Manufacturing growth came at 8.50%. European markets were mixed with DAX up 26 pts, Dow future was up 30 pts.

Indian benchmark indices ended in green with marginal gains post RBI CRR cut action and IIP data. Nifty added 26 to end at 5359.5 after testing the stiff resistance at 5420 while Sensex added 84 pts to settle at 17587. European markets were mixed with DAX up 26 pts, CAC up 4 pts while FTSE was down 2 pts. While, Dow future was up 30 pts.

MARKET PERFORMANCE NIFTY GAINERS COMPANY NAME

CURRENT

PREV. CLOSE(RS)

CHANG.(RS)

CHAG.(%)

SBI

2309.00

2226.40

82.60

3.71

Larsen & Toubro

1347.40

1302.35

45.05

3.46

Reliance Industries

797.90

773.80

24.10

3.11

Siemens Reliance Power

811.05 134.40

789.15 131.10

21.90 3.30

2.78 2.52

NIFTY LOSERS COMPANY NAME

CURRENT

PREV. CLOSE(RS)

CHANG.(RS)

CHAG.(%)

Mahindra & Mahindra

663.10

676.95

-13.85

-2.05

ONGC

277.35

282.90

-5.55

-1.96

TCS

1187.40

1208.55

-21.15

-1.75

Cipla

302.50

307.55

-5.05

-1.64

HDFC

670.40

680.50

-10.10

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SECTORIAL INDICES INDEX

P. CLOSE

OPEN

HIGH

LOW

LAST

% CHANGE

S&P CNX NIFTY

5,333.55

5,420.10

5,421.90

5,327.30

5,356.70

0.43

CNX NIFTY JUNIOR

10,364.60

10,367.50

10,525.90

10,367.50

10,474.00

1.06

INDIA VIX

25.47

25.47

26.93

24.92

26.27

3.14

CNX 100

5,224.70

5,296.30

5,299.10

5,220.80

5,252.30

0.53

S&P CNX DEFTY

3,698.75

3,763.25

3,764.90

3,692.65

3,719.10

0.55

S&P CNX 500

4,238.85

4,286.25

4,286.25

4,240.00

4,263.65

0.59

CNX MIDCAP

7,689.50

7,690.60

7,799.55

7,690.60

7,755.50

0.86

NIFTY MIDCAP 50

2,334.40

2,351.85

2,373.30

2,340.75

2,366.80

1.39

BANK NIFTY

10,505.65

10,765.95

10,786.45

10,543.25

10,614.15

1.03

CNX ENERGY

7,838.35

7,954.70

7,954.70

7,852.95

7,917.15

1.01

CNX FMCG

10,561.60

10,629.20

10,630.05

10,520.65

10,586.95

0.24

CNX INFRA

2,573.10

2,606.35

2,617.90

2,585.40

2,610.80

1.47

CNX MNC

5,123.25

5,160.60

5,164.30

5,101.35

5,129.80

0.13

CNX PHARMA

4,889.35

4,921.35

4,922.65

4,867.35

4,873.80

-0.32

CNX PSE

2,983.25

3,008.55

3,016.55

2,970.85

2,985.00

0.06

CNX PSU BANK

3,559.45

3,628.75

3,693.95

3,616.55

3,649.20

2.52

CNX REALTY

246.45

247.75

253.15

245.75

248.75

0.93

CNX SERVICE

6,580.70

6,703.10

6,703.10

6,562.75

6,587.55

0.10

CNX IT

6,558.45

6,645.20

6,645.20

6,450.70

6,486.80

-1.09

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NSE STATS ADVANCES DECLINES UNCHANGED

30 19 01

INDEX MOVERS (PULLING IT UP) COMPANY NAME Reliance Industries SBI Larsen & Toubro ICICI Bank Tata Motors

CONTRIBUTION 45.88 30.94 27.65 18.50 12.25

INDEX MOVERS (PULLING IT DOWN) COMPANY NAME

CONTRIBUTION

HDFC Bank ONGC TCS HDFC Infosys

-8.02 -11.47 -11.81 -13.76 -26.43

CORPORATE ACTIONS (13-Mar-2012) COMPANY NAME Navkar Builders

Bajaj Hindustan

Titan Biotech

Omnitech InfoSolutions

GlaxoSmithKline

United Phosphorus

-

-

-

-

-

-

-

-

-

-

-

-

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FII TRADING ACTIVITY (NSE & BSE) In Crores CATEGORY

DATE

BUY VALUE

SELL VALUE

NET VALUE

FII

12-MAR-2012

2955.58

1925.46

1030.12

DII TRADING ACTIVITY (NSE & BSE) In Crores CATEGORY

DATE

BUY VALUE

SELL VALUE

NET VALUE

DII

12-MAR-2012

1109.31

1517.95

-408.64

F&O TRADE STATISTICS PRODUCT

NO OF CONTRACTS

TURNOVER. IN RS. CR.

PUT CALL RATIO

Index Futures

466521.00

11710.66

-

Stock Futures

474643.00

13708.59

-

Index Options

2359457.00

63190.17

1.16

Stock Options

120298.00

3641.23

0.45

F&O Total

3420919.00

92250.66

1.11

ASIAN MARKETS Name

Open

High

Low

Current Value

Change

% Chg

Nikkei 225

10015.92

10021.51

9889.86

9889.86

-39.88

-0.40

Hang Seng

21073.59

21170.55

20924.36

21134.18

48.18

0.23

Taiwan

8028.87

8028.87

7927.55

7927.55

-88.46

-1.12

KOSPI

2018.73

2019.14

2001.50

2002.50

-15.80

-0.79

Jakarta

3,984.18

4,007.95

3,969.00

3,987.35

-4.19

-0.11

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TECHNICAL VIEW NIFTY DAILY PIVOT SCRIPT NIFTY

R4 5651

R3 5557

R2 5463

R1 5411

P 5369

S1 5317

S2 5275

S3 5181

S4 5087

OUTLOOK Trend: - Consolidate Resistance: - 5420, 5500 Support: - 5300, 5220 Strategy: - Sell on high

NIFTY DAILY

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BANK NIFTY DAILY PIVOT SCRIPT BANK NIFTY

R4 11458

R3 11202

R2 10946

R1 10811

P 10690

S1 S2 105555 10434

S3 10178

S4 9922

OUTLOOK Trend: - Consolidate Resistance: - 10850, 11000 Support: - 10540, 10300 Strategy: - Buy on dips BANK NIFTY DAILY

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Stock Recommendation CapitalHeight’s

stock recommendation for 13/03/12 is Voltas Industries.

Voltas industries recently bottomed out at 80-85 levels and since then has been in uptrend for the past couple of weeks. The stock past week gave a break out (Breakaway gap) of symmetrical triangle pattern on the daily chart coupled with a breach of 200 SDMA which is a positive signal. The stock today added 9% or 10.45 pts to end at 126.55. The stock is expected to continue its uptrend in near term and test the level of 145-148 in coming week.

Our recommendation on Voltas Industries is BUY above 128 for the Tg of 130 & 133.

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