Weekly Newsletter Newsletter-Equity 02/05/2011
www.capitalheight.com apitalheight.com
info@capitalheight.com Phone- (0731)4295950
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 Spot Bank Nifty Future
www.capitalheight.com
info@capitalheight.com Phone- (0731)4295950
MARKET WRAP Indian markets ends down more than 2%, Nifty slips below 5800, down 135 pts. ICICI bank Q4 net profit up 44.5% at Rs. 1452 Cr., NII up 23.3% at Rs. 2510 Cr. Global equity markets ended in green, German DAX leads, up 219 pts to 7514.
Indian equity market ended down as FII pulls out money while investor’s sentiment’ weakens ahead of crucial RBI credit policy meet. Nifty was unable to break above 5940 due to lack of positive triggers on the earnings side. Nifty ended down 135 pts at 5749 while Sensex sliced 466 pts to settle at 19136. Bank Nifty was down 414 pts at 11511. Next week Nifty could correct further if there is a rate hike of 50 BPS.
In quarterly earnings, ICICI Bank Q4 FY11 net profit surged 44.5% to Rs. 1452 Cr. vs. Rs. 1005 Cr while its NII was up 23.3% to Rs. 2510 Cr. Axis bank Q4 FY11 net profit grew 33% to Rs. 1020 Cr. & NII jumped to Rs. 1701 Cr. vs. Rs. 1460 Cr., up 16.51%. Food inflation rose marginally to 8.76% vs. 8.74% w/w & fuel inflation climbed to 13.53% vs. 13.05%. RBI’s credit policy meet next meet would be crucial to further decide market trend and if it’s a 50 BPS hike, then market could correct further.
Global equity markets ended up as Fed reserve pledged to keep cheap money flowing into the market taking Nasdaq to 10- year high, up 1.9% at 2873 while DJIA gained 2.5% to 12810. Though crucial economic data like U.S unemployment claims came higher at 429K and Advance GDP q/q came down at 1.8% vs. 1.9%. In euro zone, DAX surged 3% as German unemployment change came down up at (–) 37K while its import prices m/m came up at 1.1% vs. 1.0%. FTSE gained 52 pts to end at 6070 and CAC surged 2% to 4107. Asian markets ended mixed with Hangseng down 1.7% while Nikkei gained 164 pts to 9850. www.capitalheight.com
info@capitalheight.com Phone- (0731)4295950
MARKET PERFORMANCE NSE GAINERS Company Name
Current(Rs.)
Prev. Close (Rs.)
Change (Rs.)
Change (%)
Shasun Pharma Southern Petro Kwality Dairy Amrutanjan Health Kirloskar Brothers
81.80 28.25 148.45 786.45 188.30
58.20 22.45 120.20 643.25 154.55
23.60 5.80 28.25 143.20 33.75
40.55 25.84 23.50 22.26 21.84
Company Name
Current(Rs.)
Prev. Close (Rs.)
Change (Rs.)
Change (%)
Money Matters Sanwaria Agro Parrys Sugar Rajesh Exports Atlanta
62.10 93.05 127.00 85.85 82.05
81.00 120.28 159.80 107.90 99.70
-18.90 -27.23 -32.80 -22.05 -17.65
-23.33 -22.64 -20.53 -20.44 -17.70
NSE LOSERS
NIFTY - 5 DAYS UP Company Name
Current(Rs.)
Prev. Close (Rs.)
5 Days ago (Rs.)
5 Days Return (%)
Sun Pharma Siemens Glaxosmithkline Lupin Exide Industries
465.75 866.65 2257.65 440.85 152.80
446.00 836.05 2109.00 415.35 144.90
19.75 30.60 148.65 25.50 7.90
4.43 3.66 7.05 6.14 5.45
www.capitalheight.com
info@capitalheight.com Phone- (0731)4295950
INDIAN EQUITY MARKET INDICES
VALUE
CHANGE
% CHANGE
NIFTY BANK NIFTY SENSEX
5,749.50 11511.75 19,135.96
-135.20 -414.25 -466.27
-2.29 -3.47 -2.37
Index Watch INDEX
21.04.2011
29.04.2011
W/W CHANGE
% RETURN
S&P CNX NIFTY
5884.70
5749.50
-135.20
-2.30
CNX NIFTY Jr.
11532.85
11376.70
-156.15
-1.35
CNX IT
6780.85
6718.35
-62.50
-0.92
BANK NIFTY
11894.75
11483.75
-411.00
-3.46
INDIA VIX
20.51
19.58
-0.93
-4.53
CNX 100
5773.10
5649.25
-123.85
-2.15
S&P CNX DEFTY
4603.05
4497.40
-105.65
-2.30
S&P CNX 500
4711.55
4615.30
-96.25
-2.04
CNX MIDCAP
8313.95
8200.95
-113.00
-1.36
NIFTY MIDCAP 50
2590.80
2545.05
-45.75
-1.77
CNX INFRA
3140.10
3022.70
-117.40
-3.74
CNX REALTY
318.60
289.30
-29.30
-9.20
www.capitalheight.com
info@capitalheight.com Phone- (0731)4295950
WORLD INDICES Indices
Country
Date
Index
Net Change
Change (%)
Asian Markets Hang Seng
Hong Kong
29-Apr-11
23,720.81
-417.50
-1.73
Jakarta Composite
Indonesia
29-Apr-11
3,819.62
18.54
0.49
Nikkei 225
Japan
28-Apr-11
9,849.74
163.97
1.69
KLSE Composite
Malaysia
29-Apr-11
1,534.95
8.62
0.56
Straits Times
Singapore
29-Apr-11
3,179.86
-14.87
-0.47
Seoul Composite
South Korea
29-Apr-11
2,192.36
-6.18
-0.28
European Markets FTSE 100
United Kingdom
28-Apr-11
6,069.90
51.60
0.86
CAC 40
France
28-Apr-11
4,106.92
85.04
2.11
DAX
Germany
28-Apr-11
7,514.46
218.97
3.00
U.S.A. Markets Nasdaq
United States
30-Apr-11
2,873.54
53.38
1.89
DJIA
United States
30-Apr-11
12,810.54
304.55
2.44
S&P 500
United States
30-Apr-11
1,363.61
26.23
1.96
www.capitalheight.com
info@capitalheight.com Phone- (0731)4295950
TECHNICAL VIEW NIFTY WEEKLY PIVOT INDICES
R4
R3
R2
R1
P
S1
S2
S3
S4
NIFTY
6387
6187
5987
5868
5787
5668
5587
5387
5187
OUTLOOK Trend: - Consolidate Resistance: - 59100, 6090 Support: - 5680,, 55590 Strategy: - Sell on highs NIFTY WEEKLY
www.capitalheight.com
info@capitalheight.com Phone- (0731)4295950
BANK NIFTY WEEKLY PIVOT SCRIPT
R4
R3
R2
R1
P
S1
S2
S3
S4
BANK NIFTY
13440
12845
12250
11881
11655
11286
11040
10465
9870
OUTLOOK Trend: - Consolidate Resistance: - 1192 1920, 12260 Support: - 11040,, 110700 Strategy: - Sell on highs BANK NIFTY WEEKLY
www.capitalheight.com
info@capitalheight.com Phone- (0731)4295950
Disclaimer The information and views in this report, our website & all the service we provide are believed to be reliable, but we do not accept any responsibility (or liability) for errors of fact or opinion. Users have the right to choose the product/s that suits them the most. Sincere efforts have been made to present the right investment perspective. The information contained herein is based on analysis and up on sources that we consider reliable. This material is for personal information and based upon it & takes no responsibility The information given herein should be treated as only factor, while making investment decision. The report does not provide individually tailor-made investment advice. Capitalheight recommends that investors independently evaluate particular investments and strategies, and encourages investors to seek the advice of a financial adviser. Capitalheight shall not be responsible for any transaction conducted based on the information given in this report, which is in violation of rules and regulations of NSE and BSE. The share price projections shown are not necessarily indicative of future price performance. The information herein, together with all estimates and forecasts, can change without notice. Analyst or any person related to Capitalheight might be holding positions in the stocks recommended. It is understood that anyone who is browsing through the site has done so at his free will and does not read any views expressed as a recommendation for which either the site or its owners or anyone can be held responsible for . Any surfing and reading of the information is the acceptance of this disclaimer. All Rights Reserved. Investment in Commodity and equity market has its own risks. We, however, do not vouch for the accuracy or the completeness thereof. we are not responsible for any loss incurred whatsoever for any financial profits or loss which may arise from the recommendations above. Capitalheight does not purport to be an invitation or an offer to buy or sell any financial instrument. Our Clients (Paid Or Unpaid), Any third party or anyone else have no rights to forward or share our calls or SMS or Report or Any Information Provided by us to/with anyone which is received directly or indirectly by them. If found so then Serious Legal Actions can be taken.
www.capitalheight.com