Weekly Newsletter Equity

Page 1

Weekly Newsletter-Equity 21/11/2011 ;

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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 Spot Bank Nifty Future

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MARKET WRAP Indian market ends with significant losses of around 5% throughout the week. U.S. Building Permits came at 0.65M while Unemployment claims came at 388K. Global markets ended down with Asian losing 1 to 3.5% while US losing 3 to 4%.

Indian markets closed with significant losses during the week with both benchmark indices and all sectoral indices closing in the red. Realty and capital goods were the biggest laggards while metal, oil & gas and banking, too, played their role in pulling the markets down. Nifty and Sensex both lost more than 5% this week. Nifty may take support of its crucial 200 weeks moving average this week & may trade in a range of 4700-5200; its resistance is at around 520-5300 while its support is at around 4700.

Food inflation eased to 10.63% for the week ended October 22 from 11.81% in the previous week even as prices of agricultural items, barring onions and wheat, continued to rise on an annual basis While vegetables became 27.26% costlier, pulses grew dearer by 14.44%, milk by 10.74% and eggs, meat and fish by 11.73%.. Inflation in primary articles recorded at 10.39% compared to 11.43% in the previous week. Fuel

inflation

stood

at

15.49%

vs

14.50%

Euro zone economy continued to be subdued in the 3

in

rd

the

previous

week.

quarter of 2011, GDP in the

17-nation eurozone grew by 0.2% in the 3rd quarter compared to the quarter when it rose at the same pace. European markets were red this week losing 3.2-4.9% with CAC worst losing 4.9%; U.S markets lost 3 to 4% with DJIA losing 3%, S&P 500 down 3.8%, NASDAQ ending 4% down. Asian markets also made losses with Hang Seng losing 3.4%,

Nikkei

losing

1.6%,

Seoul

down

1.3%,

Strait

times

losing

2%.

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MARKET PERFORMANCE NSE GAINERS Company Name

Current(Rs.)

Prev. Close (Rs.)

Change (Rs.)

Change (%)

265.35 59.40 443.55 24.05 17.70

214.80 48.40 361.50 19.65 15.30

50.55 11.00 82.05 4.40 2.40

23.53 22.73 22.70 22.39 15.69

Company Name

Current(Rs.)

Prev. Close (Rs.)

Change (Rs.)

Change (%)

Kwality Dairy (I)

90.70

179.30

-88.60

-49.41

Sujana Metal

4.55

8.95

-4.40

-49.16

Paramount Printpack

12.80

23.85

-11.05

-46.33

Edserv Soft Systems Websol Energy

54.30 19.80

93.95 33.55

-39.65 -13.75

-42.20 -40.98

Onelife Capital Welspun Global Patni Computer Sys. Kingfisher Airlines Tokyo Plast Intl.

NSE LOSERS

NIFTY - 5 DAYS UP Company Name

Current(Rs.)

Prev. Close (Rs.)

Change (Rs.)

Change (%)

Cipla

314.10

286.90

27.20

9.48

Hero MotoCorp

2193.40

2172.95

20.45

0.94

Bharti Airtel

397.50

395.60

1.90

0.48

-

-

-

-

-

-

-

-

-

-

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INDIAN EQUITY MARKET INDICES

VALUE

CHANGE

% CHANGE

NIFTY BANK NIFTY SENSEX

4905.80 8850.25 16371.51

-263.05 -442.30 -821.31

-5.09 -4.76 -4.78

Index Watch INDEX

04.11.2011

11.11.2011

W/W CHANGE

% RETURN

S&P CNX NIFTY

5168.85

4905.80

-263.05

-5.09

CNX NIFTY Jr.

9875.90

9268.20

-607.70

-6.15

CNX IT

6168.85

6017.80

-151.05

-2.45

BANK NIFTY

9292.55

8850.25

-442.30

-4.76

INDIA VIX

24.74

26.58

1.84

7.44

CNX 100

5049.80

4784.35

-265.45

-5.26

S&P CNX DEFTY

3565.25

3315.55

-249.70

-7.00

S&P CNX 500

4100.90

3869.05

-231.85

-5.65

CNX MIDCAP

7124.25

6639.45

-484.80

-6.80

NIFTY MIDCAP 50

2096.40

1926.95

-169.45

-8.08

CNX INFRA

2626.20

2445.65

-180.55

-6.87

CNX REALTY

244.30

214.75

-29.55

-12.10

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WORLD INDICES Indices

Country

Date

Index

Net Change

Change (%)

Asian Markets Hang Seng

Hong Kong

18-Nov-11

18491.23

-645.94

-3.38

Jakarta Composite

Indonesia

18-Nov-11

3754.50

-24.39

-0.65

Nikkei 225

Japan

18-Nov-11

8374.91

-139.56

-1.64

KLSE Composite

Malaysia

18-Nov-11

1454.40

-14.35

-0.98

Straits Times

Singapore

18-Nov-11

2730.34

-60.60

-2.17

Seoul Composite

South Korea

18-Nov-11

1839.17

-24.28

-1.30

European Markets FTSE 100

United Kingdom

18-Nov-11

5362.94

-182.44

-3.29

CAC 40

France

18-Nov-11

2997.01

-152.37

-4.84

DAX

Germany

18-Nov-11

5800.24

-256.79

-4.24

U.S.A. Markets Nasdaq

United States

18-Nov-11

2572.50

-106.25

-3.97

DJIA

United States

18-Nov-11

11796.16

-357.52

-2.94

S&P 500

United States

18-Nov-11

1215.65

-48.20

-3.81

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TECHNICAL VIEW WEEKLY PIVOT INDICES

R4

R3

R2

R1

P

S1

S2

S3

S4

NIFTY

6164

5773

5382

5144

4991

4753

4600

4209

3818

OUTLOOK Trend: - Consolidate Resistance: - 5100, 5350 Support: - 4750, 4600 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

11366

10581

9796

9327

9011

8542

8226

7441

6656

OUTLOOK Trend: - Consolidate Resistance: - 9300, 9700 Support: - 8450, 8000 Strategy: - Sell on High BANK NIFTY WEEKLY

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