Weekly Newsletter-Equity 03/10/2011 ;
www.capitalheight.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 market ends with significant gains of around 1.6% throughout the week. U.S Unemployment claims came at 391K vs 420K, Home sales m/m at (-) 1.2%. Global markets ended mixed with Asian ranging (-)1% to 4% & US (-) 3% to 1.3%.
Indian markets performed well during the week and both benchmark indices closed with significant gains punctuated by few days of downward rallies. Mixed global cues played their role in shaking the markets. Nifty and Sensex both gains more than 1.6%. Bank Nifty this week has gain around 1%. IT was the top gainer this week gaining 5.8%. Nifty moreover expected to consolidate this week having a crucial support at 4700 breaking which may test the level of 4550, while its resistance is at around 5200.
Food inflation jumped to 9.13% for the week ended September 17 from 8.84% in the previous week, mainly due to a rise in prices of potatoes, pulses and poultry. Inflation in primary articles stood at 11.43% compared to 12.17% in the previous week. Non-food articles, which include fibres, oil seeds and minerals, recorded 12.89% inflation up from 17.42% in the previous week. Meanwhile, inflation in the fuel and power segment went up to 14.69% from 13.96% in the previous seven-day period.
Global Investors are worried US earnings growth may finally fall back to earth as turmoil in Europe and signs of a less robust Chinese economy hurt foreign support. The US economy is not exactly pulling away either. European markets gains 1.2 to 6.1% with CAC leading while U.S markets were mixed with NASDAQ ending 2.7% down, DJIA was up 1.3% & S&P 500 down 0.4%. Asian markets were also mixed this week with Seoul leading with 4.25% followed by Jakarta gaining 3.6%, Nikkei gaining 1.6% and KLSE gaining 1.55% while Hang Seng down 0.4% and Strait times lost 0.9 %.
www.capitalheight.com
info@capitalheight.com Phone- (0731)4295950
MARKET PERFORMANCE NSE GAINERS Company Name
Current(Rs.)
Prev. Close (Rs.)
Change (Rs.)
Change (%)
Den Networks
69.90
55.45
14.45
26.06
AGC Networks
166.15
132.55
33.60
25.35
Excel Crop Care
163.40
131.30
32.10
24.45
Jamna Auto Inds.
142.15
115.35
26.80
23.23
Spanco Ltd
139.65
114.85
24.80
21.59
Company Name
Current(Rs.)
Prev. Close (Rs.)
Change (Rs.)
Change (%)
Thiru Arooran Sugars
70.00
91.25
-21.25
-23.29
AP Paper Mill
215.25
279.15
-63.90
-22.89
Reliance Capital
315.15
402.10
-86.95
-21.62
Vimta Labs Nath Seeds
19.20 13.55
24.25 17.10
-5.05 -3.55
-20.82 -20.76
NSE LOSERS
NIFTY - 5 DAYS UP Company Name
Current(Rs.)
Prev. Close (Rs.)
Change (Rs.)
Change (%)
DLF
218.90
197.50
21.40
10.84
Ranbaxy Labs.
513.85
472.70
41.15
8.71
Infosys
2533.05
2338.80
194.25
8.31
JP Associate
72.75
67.35
5.40
8.02
Tata Motors
156.05
146.85
9.20
6.26
www.capitalheight.com
info@capitalheight.com Phone- (0731)4295950
INDIAN EQUITY MARKET INDICES
VALUE
CHANGE
% CHANGE
NIFTY BANK NIFTY SENSEX
4,943.25 9,468.30 16453.76
75.50 92.60 291.70
1.55 0.99 1.80
Index Watch INDEX
16.09.2011
23.09.2011
W/W CHANGE
% RETURN
S&P CNX NIFTY
4,867.75
4,943.25
75.50
1.55
CNX NIFTY Jr.
9,895.95
9,822.20
-73.75
-0.75
CNX IT
5,367.75
5,678.90
311.15
5.80
BANK NIFTY
9,375.70
9,468.30
92.60
0.99
INDIA VIX
35.16
31.94
-3.22
-9.16
CNX 100
4,804.20
4,860.10
55.90
1.16
S&P CNX DEFTY
3,422.35
3,497.40
75.05
2.19
S&P CNX 500
3,952.10
3,978.35
26.25
0.66
CNX MIDCAP
7,185.30
7,094.00
-91.30
-1.27
NIFTY MIDCAP 50
2,145.90
2,102.40
-43.50
-2.03
CNX INFRA
2,620.05
2,588.95
-31.10
-1.19
CNX REALTY
231.20
237.60
6.40
2.77
www.capitalheight.com
info@capitalheight.com Phone- (0731)4295950
WORLD INDICES Indices
Country
Date
Index
Net Change
Change (%)
Asian Markets Hang Seng
Hong Kong
23-Sep-11
17592.41
-76.42
-0.43
Jakarta Composite
Indonesia
23-Sep-11
3549.03
122.68
3.58
Nikkei 225
Japan
22-Sep-11
8700.29
140.03
1.64
KLSE Composite
Malaysia
23-Sep-11
1387.13
21.19
1.55
Straits Times
Singapore
23-Sep-11
2675.16
-23.64
-0.88
Seoul Composite
South Korea
23-Sep-11
1769.65
72.21
4.25
European Markets FTSE 100
United Kingdom
23-Sep-11
5128.48
61.67
1.22
CAC 40
France
23-Sep-11
2981.96
171.85
6.12
DAX
Germany
23-Sep-11
5502.02
305.46
5.88
U.S.A. Markets Nasdaq
United States
23-Sep-11
2415.40
-67.83
-2.73
DJIA
United States
23-Sep-11
10913.38
141.90
1.32
S&P 500
United States
23-Sep-11
1131.42
-5.01
-0.44
www.capitalheight.com
info@capitalheight.com Phone- (0731)4295950
TECHNICAL VIEW WEEKLY PIVOT INDICES
R4
R3
R2
R1
P
S1
S2
S3
S4
NIFTY
5737
5462
5187
5065
4912
4790
4637
4362
4087
OUTLOOK Trend: - Consolidate Resistance: - 5100, 5320 Support: - 4750, 4550 Strategy: - Sell on High 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
11007
10479
9951
9687
9423
9159
8895
8367
7839
OUTLOOK Trend: - Consolidate Resistance: - 9700, 10100 Support: - 9100, 8700 Strategy: - Sell on High 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. Money CapitalHeight Research Pvt. Ltd. recommends that investors independently evaluate particular investments and strategies, and encourages investors to seek the advice of a financial adviser. Money CapitalHeight Research Pvt. Ltd. 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 Money CapitalHeight Research Pvt. Ltd. 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. Money CapitalHeight Research Pvt. Ltd. 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