Equity special report money classic research

Page 1

04/01/2016 TO 08/01/2016



INDEX

OPEN

HIGH

LOW

CLOSE

CNX NIFTY

7893

7994

7889

7983

BANK NIFTY

16912

17144

16912

17087

INDEX

R2

R1

PP

S1

S2

CNX NIFTY

8060

8021

7955

7916

7850

BANK NIFTY

17279

17183

17047

16951

16815


OPEN INTEREST AND VOLUME

INDEX

CURRENT

PREVIOUS % CHANGE

NIFTY OI

71518950

70486350

1.46%

NIFTY VOLUME

415654

454265

-8.49%

BANK NIFTY OI

6201720

7738710

-19.86%

182433

298038

-38.78%

BANK NIFTY VOLUME

FII AND DII WEEKLY TRADING FII TRADING (RS. IN CRORE) FII

GROSS PURCHASE

GROSS SALES

NET PURCHASE/SALES

31 Dec 2015

4575.11

3451.70

1123.41

30 Dec 2015

2088.07

1935.87

152.20

29 Dec 2015

2278.39

2269.90

8.49

28 Dec 2015

1900.63

2203.25

-302.62

Weekly Position

981.48


DII TRADING (RS. IN CRORE) DII

GROSS PURCHASE

GROSS SALES

NET PURCHASE/SALES

31 Dec 2015

2781.23

3038.90

-257.67

30 Dec 2015

1414.35

1488.76

-74.41

29 Dec 2015

1473.43

1466.99

6.44

28 Dec 2015

2446.49

1458.67

987.82

Weekly Position

662.18

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.


Indian indices up side movement during the last week rally and closed on positive note amid positive global market cues major Indices Sensex and Nifty above support levels on the last trading session on tracking week trends across global market. On sectorial front Banking, Metals, Infra, Financials sectors were up as well as Pharma and IT sectors remained stable and up during last trading week. Week ahead, market is likely to trend up side heading towards 7560 to 8000 level as nifty has follow in strong resistance and support level in weekly chart and charts that signals further buy in Indian market. Nifty given closing at positive in weekly chart by open 7893 level to settle at 7983 on the above chart Nifty has been trading in over all uptrend, following some technical pattern formation with the technical and fundamental supports for downside. Nifty was strong support level at 7540. Nifty, in last week trading session it was up closed at 7983. Now its primary term trend is up and secondary trend is down. Stochastic and RSI has also buying confirmation. On daily chart nifty will be given breakout at above 8000 level. We have recommended buy nifty future from above 8000 hold for target is 8150, in coming weeks.


Tata Motors Limited TECHNICAL VIEW

Stock Recommendation for 04/01/2016 is Tata Motors Limited. In Friday trading session it was up 2.94%. Its long term trend is up. RSI and Parabolic SAR also indicate buying confirmation. So our buying level at 400 and our target is 412 and 424 in coming days. Our stop loss 486 is the entire indicator is suggesting that one can go for long position in the stock at 400 levels. Our recommendations The Tata Motors Limited buy at 400 for 1st target of 412 and 2nd Target of 424 with stop loss level 486.


LIC Housing Fianance Limited TECHNICAL VIEW

Stock Recommendation for 04/01/2016 is LIC Housing Finance Limited. In Friday trading session it was down 0.04%. Its long term trend is up. In weekly & daily chart its trend is bullish. So our buying level at 510 and our target is 530 and 550 in coming days. Our stop loss is 480 the entire indicator is suggesting that one can go for long position in the stock at 510 levels. Our recommendation The LIC Housing Finance limited at 510 for 1st target of 530 and 2nd Target of 550 with stop loss level 480.


PAST PERFORMANCE OF STOCK RECOMMENDATION

DATE

SCRIPT

ORDER

28 Dec

ARVIND

BUY

28 Dec

TATASTEEL

14 Dec

COST LEVEL

1 ST TGT

2 ND TGT

SL

336

346

356

-

SELL

264

258

252

-

TATASTEEL

BUY

240

248

256

-

07 Dec

ABIRLANUVO

SELL

2080

2000

1920

-

07 Dec

ABIRLANUVO

SELL

2080

2000

1920

-


Cadila sinks 15% on USFDA warning The stock of Cadila Healthcare took a beating, tumbling by over 15 per cent to touch an intraday low of ₹ 320.45 on the BSE before closing at ₹ . , do . per e t fro its pre ious day’s lose, follo i g the drug-maker receiving a warning letter from the US Food and Drug Administration for two of its facilities. The FDA warning relates to the Gujarat- ased health are o pa y’s Moraiya for ulatio s fa ility a d Ah eda ad a ti e pharmaceutical ingredient (API) facility (for Zyfine). Pankaj Patel, Chair a & MD, Cadila Health are, told i estors, We had already suspe ded o er ial a ti ity at Zyfi e site. This site has ot supplied a y API to the U“ arket dire tly or i dire tly. The o pa y’s re e ues ill ot get affe ted e ause of the suspension of commercial activity at the Zyfine site, he added. However, he told investors, the Moraiya plant (that makes formulations or finished forms of medicines) accounts for about 60 per cent of its US revenues.

Adani Power: promoters can add shares, says SEBI In an informal guidance, SEBI has told the promoters of Adani Power (APL) that they can acquire additional shares in the company without triggering the open offer norm, as it is exempt according to an earlier scheme of arrangement. Adani Enterprises held 68.99 per e t stake i APL efore May . Follo i g a arra ge e t, the latter’s stake i Ada i Po er as tra sferred to the for er’s promoters on proportionate basis.

2015: damp squib for equity investors Maruti Suzuki emerged as the biggest gainer while Vedanta was the biggest loser on Nifty 50 in 2015. While the year was a dampener for equity market investors overall, sectors such as media, pharmaceuticals and fast moving consumer goods were the top three sectoral gainers as investment strategy with respect to Indian equity investors was defensive mainly due to disappointing corporate performance and lack of business visibility. Commodity companies were clear losers thanks to slide in commodity prices such as crude oil, metals. Nifty 50 ended the year with a negative return of 4 per cent compared with around 30 per cent return given by the benchmark indices in 2014. This is despite improvement in macroeconomic environment such as inflation, index of industrial production and gross domestic product and reduction of 125 basis points in policy rates by the RBI.


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. 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 fi a e i ister’s udget spee h for a sta e o fuel pri i g going ahead.


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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