Weekly Accurate Equity Market Recommendations by CapitalHeight

Page 1

Weekly Newsletter-Equity 24/08/2015 ;

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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 edged down. Sensex & Nifty down by 3.43% and 2.66% Wall Street ended down.US Unemployment claims increased by 5K to 277K. Asia-Pacific markets closed mixed.USD Building Permits decreased to 1.12M.

Indian indices remained down during the week amid tracking weakness in global peers. World stock markets tumbled on Friday and closed on negative note. Stocks on Wall Street and in Europe fell more than 3 percent in a global rout spurred by a more than 4 percent fall in Shanghai stocks ahead of Crude posted its longest weekly losing streak in nearly 30 years and China's manufacturing sector shrank at its fastest rate in more than six years in August and USD also dropped to a two months low against the euro.

Indian indices tumbled from the higher levels and closed below crucial support. Ahead of international market cues, the market ended with highly bearish sentiments with strong support from banks, Realty, Metal and Infra stocks. IT Sector closed flat. The India Vix did better with the index rallying over 6 percent. The rupee tumbled to a fresh 2-year low on weakness in equity market. Strong demand from importers and banks also weighed on the local currency.

World markets ended down. USA, Asian and Euro markets down during the week. DAX and CAC closed negative by 7.60% and 6.57% each. FTSC 100 index went down by 5.65%; S&P 500 closed negative by 2.48%; NASDAQ were down by 6.51%. In Asian market Nikkei went down by 2.73%. Hang Seng went down by 5.25% & KLSE went down by 2.73%. Jakarta was down by 3.10% and Straits Times down by 4.60% and Seoul closed on negative note by 3.08%.

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MARKET PERFORMANCE NSE GAINERS Company Name

Current(Rs.)

Prev. Close (Rs.)

Change (Rs.)

Change (%)

Bank of Baroda

199.65

184.40

15.25

8.27

Lupin Ltd.

1877.80

1793.45

84.35

4.70

Sunpharma

937.90

897.70

40.20

4.48

ITC Ltd. ACC Ltd.

330.75 1406.45

318.15 1372.05

12.60 34.40

3.96 2.51

Company Name

Current(Rs.)

Prev. Close (Rs.)

Change (Rs.)

Change (%)

ITD Cementation Pan India Corp. Ltd. Shri Aster Silicates KSS Ltd. Rasoya Proteins Ltd.

81.30 0.20 3.75 0.25 0.25

184.40 1793.45 897.70 318.15 1372.05

15.25 84.35 40.20 12.60 34.40

8.27 4.70 4.48 3.96 2.51

NSE LOSERS

NIFTY - 5 DAYS UP Company Name

Current (Rs)

Prev. Close (Rs.)

Change (Rs.)

Change (%)

3M India

11931.30

9996.05

1935.25

19.36

GM Breweries

393.85

342.65

51.20

14.94

Filatex India

41.30

39.00

2.30

5.90

Finolex Inds

271.95

264.80

7.15

2.70

Goa Carbon

74.35

73.45

0.90

1.23

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INDIAN EQUITY MARKET INDICES

VALUE

CHANGE

% CHANGE

NIFTY

8299.00

-295.00

-3.43

BANK NIFTY

18057.00

-753.00

-4.00

SENSEX

27366.00

-748.00

-2.66

Index Watch INDEX

31.07.2015

7.08.2015

W/W CHANGE

% RETURN

S&P CNX NIFTY

8518.55

8299.95

-218.60

-2.57

CNX NIFTY JR.

21249.95

21046.15

-203.80

-0.96

INDIA VIX

16.02

17.12

1.10

6.84

BANK NIFTY

18728.10

18057.20

-670.90

-3.58

CNX 100

8662.45

8462.40

-200.05

-2.31

S&P CNX 500

7112.75

6961.00

-151.75

-2.13

CNX MIDCAP

13918.00

13749.15

-168.85

-1.21

NIFTY MIDCAP 50

3421.25

3343.75

-77.50

-2.27

CNX INFRA

3246.65

3123.35

-123.30

-3.80

CNX IT

12031.85

12032.30

0.45

0.00

CNX REALTY

183.40

166.50

-16.90

-9.21

CNX METAL

1920.00

1822.35

-97.65

-5.09

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WORLD INDICES Indices

Country

Date

Index

Net Change

Change (%)

22,757.47

-1,261.33

-5.25

Asian Markets Hang Seng

Hong Kong

22Aug15

Jakarta Composite

Indonesia

22Aug15

4,441.91

-142.34

-3.10

Nikkei 225

Japan

22Aug15

20,033.52

-562.03

-2.73

KLSE Composite

Malaysia

22Aug15

1,577.41

-44.21

-2.73

Straits Times

Singapore

22Aug15

2,971.01

-143.24

-4.60

Seoul Composite

South Korea

22Aug15

1,914.55

-60.92

-3.08

European Markets FTSE 100

United Kingdom

22Aug15

6,187.65

-370.77

-5.65

CAC 40

France

22Aug15

4,630.99

-325.41

-6.57

DAX

Germany

22Aug15

10,124.52

-832.78

-7.60

U.S.A. Markets Nasdaq

United States

22Aug15

4,706.04

-327.52

-6.51

DJIA

United States

22Aug15

16,920.00

-462.50

-2.66

S&P 500

United States

22Aug15

2,025.50

-51.50

-2.48

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TECHNICAL VIEW WEEKLY PIVOT INDICES

R4

R3

R2

R1

P

S1

S2

S3

S4

NIFTY

9310

8992

8674

8490

8356

8172

8038

7720

7402

OUTLOOK Trend: - Consolidate Resistance: - 8490, 8680 Support: - 8170, 8040 Strategy: - Sell on high NIFTY WEEKLY

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BANK NIFTY WEEKLY PIVOT SCRIPT

R4

R3

R2

R1

P

S1

S2

S3

S4

BANK NIFTY

21540

20456

19372

18721

18288

17637

17204

16120

15036

OUTLOOK Trend: - Consolidate Resistance: - 18720, 18380 Support: - 17640, 17200 Strategy: - Sell on high BANK NIFTY WEEKLY

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