Equity Market Report 13 March 2019

Page 1

ELITE INVESTMENT ADVISORY SERVICES DAILY EQUITY REPORT

13/03/2019

27

MARKET SUMMARY

BULLS TOOK CHARGE ON THE DALAL STREET AS BENCHMARK INDICES ROSE FOR THE TWO CONSECUTIVE DAYS.THE SENSEX WAS UP 481.56 POINTS AT 37535.66, WHILE NIFTY WAS UP 133.20 POINTS AT 11301.20. ABOUT 1595 SHARES HAVE ADVANCED, 1088 SHARES DECLINED, AND 147 SHARES ARE UNCHANGED. BHARTI AIRTEL, ICICI BANK, INDUSIND BANK, L&T AND ADANI PORTS WERE THE TOP GAINERS ON THE NIFTY, WHILE LOSERS WERE EICHER MOTORS, BAJAJ FINANCE, ONGC, BHARTI INFRATEL AND INFOSYS. AMONG THE SECTORS, INFRA, ENERGY, BANK, FMCG, METAL AND PHARMA WITNESSED BUYING INTEREST, WHILE IT AND PSU BANK INDEX CLOSED MARGINALLY LOWER.BSE MIDCAP INDEX ROSE 0.6 PERCENT, WHILE BSE SMALLCAP INDEX ENDED 1 PERCENT HIGHER.

MARKET UPDATE MARKET

CLOSING

CHANGE

% CHANGE

SENSEX

37535.66

+481.56

+1.30%

NIFTY-50

11301.20

+133.15

+1.19%

DAILY STOCK RECOMMENDATIONS

BUY STARPAPER ABOVE 147 TARGETS 148.50, 150, 151.50 STOPLOSS 144

:

BUY KEC ABOVE 292 TARGETS 295, 298, 301 STOPLOSS 286 BUY BGRENERGY ABOVE 71.50 TARGETS 72.50, 73.50, 74.50 STOPLOSS 69.50

NIFTY TOP 3 GAINERS/ LOSERS

COMPANY NAME

CMP

% CHG

COMPANY NAME

350.50

PREV. CLOSE 333.80

BHARTIARTL

+5.00

ICICIBANK

388.70

375.85

+3.42

INDUSINDBK

1563.70

1514.60

+3.24

CMP

PREV. CLOSE

% CHG

EICHERMOT

22369.9

22972.45

-2.62

BAJFINANCE

2753.0

2791.05

-1.36

319.70

-1.16

INFRATEL

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316.0


% CHANGE

SECTORIAL INDICES

3 2.5 2 1.5 1 0.5 0 -0.5

INDEX

FII/DII ACTIVITY (11/03/19)

INSTITUTIONS

BUY VALUE

SELL VALUE

NET VALUE

FII’s DII’S

8163.17 3317.7

4352.57 5273.25

3810.06 -1955.55

CURRENCY UPDATE

CURRENCY USD INR

CLOSING 69.59

CHANGE -0.18

EUR INR GBP INR JPY INR

78.33 91.87 62.54

-0.14 -0.06 -0.14

% CHANGE -0.27 -0.18 -0.07 -0.23

CURRENCY UPDATE KEY UPCOMING EVENTS

REGION

FORECAST

PREVIOUS

PPI M/M

USD

0.2%

-0.1%

CORE CPI M/M

USD

0.2%

0.3%

EVENT DESCRIPTION

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SCRIPT

R3

R2

R1

PIVOT

S1

S2

NIFTY50

11470

11375

11340

11285

11245

11190

S3 11095

NIFTY-50 TRADING STRATEGY: NIFTY-50 CLOSED AT POSITIVE SIDE AND TAKE A SUPPORT FROM THE LEVEL OF 11227 IF NIFTY-50 WILL CROSS THE LEVEL OF 11300 IN THE NEXT TRADING SESSION. WE RECOMMENDED BUY FROM THE ABOVE OF 11330.

SCRIPT

R3

R2

R1

PIVOT

S1

S2

S3

NIFTY BANK

29050

28705

28575

28355

28225

28010

27665

NIFTY-BANK TRADING STRATEGY: IN THE TODAY’S TRADING SESSION, NIFTY-BANK HAS TAKEN THE SUPPORT FROM THE LEVEL OF 28142 AND CLOSED AT 28443 IF NIFTYBANK WILL BE TRADE ABOVE 28480 IN THE NEXT TRADING DAY, THEN WE RECOMMENDED BUY ABOVE THE LEVEL OF 28500.

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