MONEY CLASSIC RESEARCH
EQUITY SPECIAL REPORT 20-04-2015
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MONEY CLASSIC RESEARCH
CONTENTS NIFTY SNAPSHOT TECHNICAL VIEW (PIVOT, OI AND VOUME, FII AND DII TRADING ACTIVITY)
S&P CNX NIFTY STOCK RECOMMEDATION LATEST UPDATE
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MONEY CLASSIC RESEARCH
WEEKLY NIFTY SNAPSHOT
INDEX
OPEN
HIGH
LOW
CLOSE
NIFTY
8820
8873
8627
8636
BANK NIFTY
18896
19109
18377
18415
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PIVOT LEVEL
INDEX
R2
R1
PP
S1
S2
NIFTY
8958
8797
8712
8551
8466
BANK NIFTY
19365
18890
18633
18158
17901
MONEY CLASSIC RESEARCH OPEN INTEREST AND VOLUME
INDEX
CURRENT PREVIOUS
% CHANGE
NIFTY OI
61413192
94522100
-35.02%
NIFTY VOLUME
1647836
1986485
-17.04%
BANK NIFTY OI
7092475
8863750
-19.98%
705411
-32.15%
BANKNIFTY VOLUME 478587
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FII AND DII WEEKLY TRADING ACTIVITY FII TRADING (RS. IN CRORE) FII 17 April 2015 16 April 2015 15 April 2015 13 April 2015 10 April 2015
GROSS PURCHASE 4625.40 4354.74 6592.06 3760.19 4823.65
GROSS SALES 5301.11 4569.10 6484.06 3343.18 4460.86 Weekly Position
NET PURACHASE/SALES -675.71 -214.36 108.00 417.01 362.79
-2.27
MONEY CLASSIC RESEARCH DII TRADING (RS. IN CRORE)
DII 17 April 2015 13 April 2015 15 April 2015 13 April 2015 10 April 2015
GROSS PURCHASE 1758.17 1872.04 1704.62 1475.61 1671.41
GROSS SALES 1685.65 1439.77 1764.80 1429.19 1806.59 Weekly Position
NET PURACHASE/SALES 72.52 432.27 -60.18 46.42 -135.08
355.95
FII and DII Statistics provides one with information about the quantity and price of the various instruments bought and sold by the Foreign Institutional Investors (FII) and Domestic Institutional Investors during the day in the Derivative Market.
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MONEY CLASSIC RESEARCH S&P CNX NIFTY CHART ANALYSIS
Indian indices remained volatile during the week and closed on weak note amid macro and micro economic data. On sectorial front Banking, Metals, Infra, Financials sectors were down as well as Pharma and IT sectors remained stable and up during the week. Week ahead, market is likely to trend downside heading towards 8400 level as nifty has given breakout in weekly charts that signals further sell off in market. Nifty went up by 186 points to settle at 8811 and Sensex went up by 545 points to settle at 28879.
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On the above chart Nifty has been trading in strong uptrend, following a channel formation (from 8400 level to 9000) with the technical and fundamental supports. But now channel has been completed with the high of 9191. Nifty has broken below the level 8500 then it could touch the level of 8000/7800 in near term. Nifty, in last week trading session it was down 2%. Its long term trend is up. On weekly chart it has given breakout at below 8500 in channel. Stochastic and RSI has also selling confirmation. On weekly chart nifty has given breakout level at below 8500. Nifty has given breakout below 8500 so our selling level is below 8400 and our target is 8000 and 7800 in coming weeks.
MONEY CLASSIC RESEARCH STOCK RECOMMENDATION
Stock Recommendation for 20/04/2015 is Reliance Industries Limited. In today trading session it was down 0.46%. Its long term trend is up. On daily chart it has given breakout level at 940 on resistance. Stochastic and RSI has also buying confirmation. On daily chart Reliance Industries Limited has given
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breakout level at 940. So our buying level is above 940 and our target is 980 and 1020 in coming days. And support level is a 900 then our stop lose is 900 the entire indicator is suggesting that one can up for long position in the stock at above 940 levels. The stock may test level 980 and 1020 in coming days. Our Recommendation on Reliance Industries Limited buying above 940 for 1st target 980 and 2nd Target 1020 with stop lose level 900.
MONEY CLASSIC RESEARCH
Stock Recommendation for 20/04/2015 is Adani Enterprises Limited. In today trading session it was up 083%. Its long term trend is up. On daily chart it has given breakout level at 650 on channel. Stochastic and RSI has also selling confirmation. On daily Adani Enterprises Limited chart has given breakout level at 650. So our selling level is below 650 and our target is 620 and 590 in coming days. And resistance level is a 680 then our stop lose is 680 the entire indicator is suggesting that one can up for short position in the stock at below 650 levels. The stock may test level 620 and 590 in coming days. Our Recommendation on Adani Enterprises Limited selling below 650 for 1st target 620 and 2nd Target 590 with stop lose level 680.
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MONEY CLASSIC RESEARCH
PAST PERFORMANCE OF STOCK RECOMMENDATION
13 APRIL GLENMARK BUY
890
1ST TGT 2ND TGT 930
13 APRIL HEXAWARE BUY
330
-
06 APRIL PNB
BUY
150
30 MAR
LT
BUY
23 MAR
LT
SELL
DATE
SCRIPT
ORDER
COST LEVEL
SL
315
-
-
160
-
1680
1740
1680
1620
-
-
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MONEY CLASSIC RESEARCH LATEST UPDATE Reliance Industries limited Q4 result jumps 22.8 percent to Rs. 6243 crore. Reliance Industries limited quarter fourth net profit jumps street our expectations on Friday, rising 22.8 percent (up 10.9 percent on yearly basis) to Rs 6,243 crore driven by strong operational performance in refining business.
TCS fourth quarter miss on poor macro, weak demand, bullish digital: The Tata Consultancy services fourth-quarter revenues down 1.1 percent to Rs 24,220 crore with EBIT falling 0.5 percent to Rs 6,591 crore while net profit (adjusted for one-time employee bonus) rose 8.4 percent to Rs 5,906 crore. 5 sectors affected by the Union Budget 2015. The finance minister presents his budget in 2 parts: Board policy and Tax proposals Board policy initiatives indicate the stance of the budget. If the budget is allocating resources for spending on infrastructure, a lot of related business is affected.
Tax proposals: when tax rates or duties are changed, they affected individuals or companies accordingly. The ability of this company to pass on changes in tax rates to customers determines their future profitability. The sector here is some sector that has been impacted.
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1 power: Power production required fuel. Any changes in tax on fuel could make or break a project. 2 Real Estate: Low cost housing and urbanization influences the real estate sector. The budget is watched very closely fir incentives offered towards this. 3 Infrastructures: this is perhaps the most affected sector in the budget. The government spending on rural and urban infrastructures leads to a significant business for companies that build it. 4 Automobiles: Excise duty on manufacturing on cars in India changes in every other budget while the duty on vehicles with smaller engines is less; it is more on vehicles that have a powerful engine. 5 Oil and Gas: Petroleum subsidies keep prices of diesels, kerosene or LPG low. Since fuel prices to retail customers and profitability of companies are determined by the amount of subsidies, investors listen to the finance minister’s budget speech for a stance on fuel pricing going ahead.
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MONEY CLASSIC RESEARCH DISCLAIMER The information contained here was gathered from sources deemed reliable however; no claim is made as to accuracy or content. This does not contain specific recommendations to buy or sell at particular prices or time, nor should any examples presented be deemed as such. There is a risk of loss in equity trading and you should carefully consider your financial position before making a trade. This is not, nor is it intended, to be a complete study of chart patterns or technical analysis and should not be deemed as such. Money Classic Investment Advisors does not guarantee that such information is accurate or complete and it should not be relied upon as such. Any opinions expressed reflect judgments at this date and are subject to change without notice. For use at the sole discretion of the investor without any liability on Money Classic Investment Advisors. • MONEY CLASSIC INVESTMENT ADVISORS • WEBSITE- WWW.MONEYCLASSIC RESEARCH.COM • EMAIL- INFO@MONEYCLASSICRESEARCH.COM • CONTACT NO. - (M) 9039777700, (0)0731-4094475
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