Equity Weekly Market Analysis Report by CapitalHeight

Page 1

Weekly Newsletter-Equity 18/05/2015 ;

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Weekly Newsletter Contents Market Wrap Market Performance NSE Gainers NSE Losers NIFTY 5 Days Up Indian Equity Market Index Watch World Indices Technical Analysis Nifty Future Bank Nifty Future

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MARKET WRAP Indian markets ended up. Sensex & Nifty went up by 0.87% and 0.81% Wall Street ended up.US Unemployment claims decreased by 1k to 264k. Asia-Pacific markets closed upside .GBP unemployment rate at 5.5%.

Indian indices remained volatile during the week amid macro and micro economic data. US shares ended little changed on Friday, with the S&P 500 edging up to a record high for a second straight session after a ream of weak economic data. The S&P 500 gained 1.63 points, or 0.08 percent, to end at 2,122.73. That followed a more substantial 1.08 percent jump on Thursday that fueled speculation the benchmark index might trend higher after having oscillated in a range for much of the past three months.

Indian indices closed up on Friday but selling pressure was higher. Week’s action formed another high wave/doji candle which indicates higher volatility and tug of war between bulls and bears for the second consecutive week. After four consecutive weeks of selloff, index has formed a bullish reversal or temporary halt formation. A move above 8356 could validate a bullish reversal and a break below 7997 could lead selling. Nifty went up by 71 points at 8262 where as Sensex went up by 219 points to settle at 27224.

World markets ended red USA and ASIAN markets were positive during the week. EURO market ended red. DAX and CAC closed negative by 2.24% and 1.90% each. FTSC 100 index went down by 1.23%; S&P 500 closed positive by 1.69%; NASDAQ positive by 0.90%.In Asian market Nikkei went up by 1.83%. Hang Seng went up by 0.89% & KLSE went up by 0.24%. Jakarta was up by 0.87 % and Straits Times up by 0.32% and Seoul closed on positive note by 1.01%.

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MARKET PERFORMANCE NSE GAINERS Company Name

Current(Rs.)

Prev. Close (Rs.)

Change (Rs.)

Change (%)

Bank of Baroda

160.15

145.10

15.05

10.37

Hero MotoCorp Ltd. State Bank of India M & M Ltd. Cipla Ltd.

2529.70 287.45 1249.05 683.35

2300.65 261.95 1180.35 654.70

229.05 25.50 68.70 28.65

9.96 9.73 5.82 4.38

Company Name

Current(Rs.)

Prev. Close (Rs.)

Change (Rs.)

Change (%)

HUL Ltd. Lupin Ltd. NTPC Ltd. Vedanta Ltd. Cairn India Ltd.

844.80 1684.25 136.10 210.35 200.05

895.20 1770.35 142.00 217.95 206.20

-50.40 -86.10 -5.90 -7.60 -6.15

-5.63 -4.86 -4.15 -3.49 -2.98

NSE LOSERS

NIFTY - 5 DAYS UP Company Name

Current (Rs)

Prev. Close (Rs.)

Change (Rs.)

Change (%)

Jindal Poly Films

278.75

237.65

41.10

17.29

Ester Inds

21.25

18.15

3.10

17.08

Dr. Reddys Lab

3496.45

3350.45

146.00

4.36

Maharashtra Seamless

208.85

201.05

7.80

3.88

Glaxo Phar

3240.20

3185.50

54.70

1.72

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INDIAN EQUITY MARKET INDICES

VALUE

CHANGE

% CHANGE

NIFTY

8262.35

71.35

0.87

BANK NIFTY

18183.15

387.15

2.18

SENSEX

27324.00

219.00

0.81

Index Watch INDEX

8.04.2015

15.05.2015

W/W CHANGE

% RETURN

S&P CNX NIFTY

8191.50

8262.35

70.85

0.86

CNX NIFTY JR.

18920.35

19696.25

775.90

4.10

INDIA VIX

19.11

19.82

0.71

3.69

BANK NIFTY

17796.60

18183.15

386.55

2.17

CNX 100

8230.05

8342.25

112.20

1.36

S&P CNX 500

6728.90

6827.05

98.15

1.46

CNX MIDCAP

12529.65

12971.75

442.10

3.53

NIFTY MIDCAP 50

3205.65

3300.65

95.00

2.96

CNX INFRA

3,117.80

3,110.45

-7.35

-0.24

CNX IT

11,172.05

11,171.90

-0.15

0.00

CNX REALTY

207.35

200.15

-7.20

-3.47

CNX METAL

2,435.60

2,422.85

-12.75

-0.52

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WORLD INDICES Indices

Country

Date

Index

Net Change

Change (%)

Asian Markets Hang Seng

Hong Kong

15-May-15

27,822.28

244.94

0.89

Jakarta Composite

Indonesia

15-May-15

5,227.10

44.89

0.87

Nikkei 225

Japan

15-May-15

19,732.92

353.73

1.83

KLSE Composite

Malaysia

15-May-15

1,811.92

4.27

0.24

Straits Times

Singapore

15-May-15

3,463.10

11.09

0.32

Seoul Composite

South Korea

15-May-15

2,106.50

20.98

1.01

European Markets FTSE 100

United Kingdom

15-May-15

6,960.49

-86.33

-1.23

CAC 40

France

15-May-15

4,993.82

-96.57

-1.90

DAX

Germany

15-May-15

11,447.03

-262.70

-2.24

U.S.A. Markets Nasdaq

United States

15-May-15

4,488.75

40.00

0.90

DJIA

United States

15-May-15

18,275.00

355.00

1.98

S&P 500

United States

15-May-15

2,124.50

35.25

1.69

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TECHNICAL VIEW WEEKLY PIVOT INDICES

R4

R3

R2

R1

P

S1

S2

S3

S4

NIFTY

8876

8665

8454

8349

8243

8138

8032

7821

7610

OUTLOOK Trend: - Consolidate Resistance: - 8350, 8670 Support: - 8135, 7820 Strategy: - Sell on highs NIFTY WEEKLY

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BANK NIFTY WEEKLY PIVOT SCRIPT

R4

R3

R2

R1

P

S1

S2

S3

S4

BANK NIFTY

20664

19865

19066

18778

18267

17979

17468

16669

15870

OUTLOOK Trend: - Consolidate Resistance: - 18780, 19870 Support: - 17975, 16665 Strategy: - Sell on high BANK NIFTY WEEKLY

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