Weekly Equity Market Recommendations with Trading Tips

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Weekly Newsletter-Equity 12/10/2015 ;

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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 higher. Sensex & Nifty up by 3.27% and 2.99% Wall Street ended upside. GBP Services PMI down 55.6% to 53.3%. Asia-Pacific markets closed positive. Indian FX Reserve up 349.9B to 350.81B.

Indian indices remained up during the week amid tracking strength in global peers. The BoJ kept monetary policy unchanged at its policy meeting on Wednesday but recent economic reports pointing to weakness in Japan’s economy have added to pressure on the bank to ramp up measures to bolster growth. Australian home loan Statistics said increased by 2.9% in August, compared to expectations for a 5.0% gain. Home loans fell 0.3% in July, whose figure was revised from a previously estimated 0.3% rise.

Indian indices remained consolidated on bullish trend. Domestic passenger car sales rose 9.5% to 169,590 units in September from 154,898 units in the same month a year ago. Sales of commercial vehicles were up 12.07% at 62,845 units in September. Vehicle sales across categories registered a 0.45% decline to 18.82m units from 18.90m units in September 2014.Two-wheeler sales in September declined 1.06% to 15.37m units as against 15.53m units in the same month last year.

World markets ended bullish note. USA, Asian and Euro markets up during the week. DAX and CAC closed positive by 5.93% and 6.12% each. FTSE100 index went up by 5.15%; S&P 500 closed positive by 4.16%; NASDAQ were up by 2.19%. In Asian market Nikkei went up by 4.03%. HangSeng went up by 4.43% & KLSE went up by 4.77%. Jakarta was up by 9.07%, Straits Times up by 9.29% and Seoul closed on positive note by 2.53%.

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MARKET PERFORMANCE NSE GAINERS Company Name

Current(Rs.)

Prev. Close (Rs.)

Change (Rs.)

Change (%)

Vedanta

103.60

83.40

20.20

24.22

Tata Motors

356.45

297.75

58.70

19.71

Hindalco

83.95

70.90

13.05

18.41

Tata Steel

251.10

212.25

38.85

18.30

ONGC

263.65

232.35

31.30

13.47

Company Name

Current(Rs.)

Prev. Close (Rs.)

Change (Rs.)

Change (%)

Maruti

4276.35

4580.35

-304.00

-6.64

Lupin

2055.60

2108.85

-53.25

-2.53

IndusInd Bank

940.05

957.60

-17.55

-1.83

Wipro Axis Bank

592.35 490.45

599.75 496.25

-7.40 -5.80

-1.23 -1.17

NSE LOSERS

NIFTY - 5 DAYS UP Company Name

Current (Rs)

Prev. Close (Rs.)

Change (Rs.)

Change (%)

Bajaj Hindusthan Sug

18.00

14.00

4.00

28.57

Banna Amman Sugars

873.55

713.40

160.15

22.45

Balrampur Chini

60.50

52.75

7.75

14.69

Bombay Dyeing

68.20

63.25

4.95

7.83

Century Textile

517.10

517.60

-0.50

-0.10

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INDIAN EQUITY MARKET INDICES

VALUE

CHANGE

% CHANGE

NIFTY

8189.00

238.10

2.99

BANK NIFTY

17590.00

439.80

2.56

SENSEX

27079.00

858.05

3.27

Index Watch INDEX

1.10.2015

9.10.2015

W/W CHANGE

% RETURN

S&P CNX NIFTY

7950.90

8189.70

238.80

3.00

CNX NIFTY JR.

19752.40

19944.30

191.90

0.97

INDIA VIX

19.24

18.93

-0.31

-1.61

BANK NIFTY

17150.20

17590.25

440.05

2.57

CNX 100

8079.25

8295.15

215.90

2.67

S&P CNX 500

6654.50

6829.40

174.90

2.63

CNX MIDCAP

12998.70

13255.50

256.80

1.98

NIFTY MIDCAP 50

3201.20

3299.90

98.70

3.08

CNX INFRA

2840.85

2939.85

99.00

3.48

CNX IT

11867.85

11807.55

-60.30

-0.51

CNX REALTY

176.15

182.20

6.05

3.43

CNX METAL

1650.80

1834.95

184.15

11.16

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WORLD INDICES Indices

Country

Date

Index

Net Change

Change (%)

Asian Markets Hang Seng

Hong Kong

09OCT15

22,458.80

952.71

4.43

Jakarta Composite

Indonesia

09OCT15

4,589.34

381.54

9.07

Nikkei 225

Japan

09OCT15

18,438.67

713.54

4.03

KLSE Composite

Malaysia

09OCT15

1,706.54

77.74

4.77

Straits Times

Singapore

09OCT15

2,998.50

254.78

9.29

Seoul Composite

South Korea

09OCT15

2,019.53

49.85

2.53

European Markets FTSE 100

United Kingdom

09OCT15

6,445.41

315.43

5.15

CAC 40

France

09OCT15

4,731.56

272.68

6.12

DAX

Germany

09OCT15

10,119.57

566.50

5.93

U.S.A. Markets Nasdaq

United States

09OCT15

4,810.79

103.02

2.19

DJIA

United States

09OCT15

17,010.00

655.00

4.00

S&P 500

United States

09OCT15

2,010.00

80.25

4.16

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TECHNICAL VIEW WEEKLY PIVOT INDICES

R4

R3

R2

R1

P

S1

S2

S3

S4

NIFTY

8815

8596

8377

8286

8158

8067

7939

7720

7501

OUTLOOK Trend: - Consolidate Resistance: - 8290, 8380 Support: - 8060, 7920 Strategy: - Buy on dips NIFTY WEEKLY

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BANK NIFTY WEEKLY PIVOT SCRIPT

R4

R3

R2

R1

P

S1

S2

S3

S4

BANK NIFTY

19122

18618

18114

17864

17610

17360

17106

16602

16098

OUTLOOK Trend: - Consolidate Resistance: - 17880, 18150 Support: - 17350, 17100 Strategy: - Buy on dips BANK NIFTY WEEKLY

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