Equity special report

Page 1

MONEY CLASSIC RESEARCH

EQUITY SPECIAL REPORT 25-05-2015

WWW.MONEYCLASSICRESEARCH.COM +91-9039777700


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

WWW.MONEYCLASSICRESEARCH.COM +91-9039777700


MONEY CLASSIC RESEARCH

WEEKLY NIFTY SNAPSHOT

INDEX

OPEN

HIGH

LOW

CLOSE

NIFTY

8283

8488

8264

8452

BANK NIFTY

18247

18725

18020

18375

PIVOT LEVEL

INDEX

R2

R1

PP

S1

S2

NIFTY

8625

8538

8401

8314

8177

BANK NIFTY

19078

18726

18373

18021

17668

WWW.MONEYCLASSICRESEARCH.COM +91-9039777700


MONEY CLASSIC RESEARCH OPEN INTEREST AND VOLUME

INDEX

CURRENT PREVIOUS

% CHANGE

NIFTY OI

66820575

69712400

-4.14%

NIFTY VOLUME

2110467

2908940

-27.44%

BANK NIFTY OI

8678325

8579425

1.15%

719494

-17.74%

BANKNIFTY VOLUME 591793

FII AND DII WEEKLY TRADING ACTIVITY FII TRADING (RS. IN CRORE) FII 22 May 2015 21 May 2015 20 May 2015 19 May 2015 18 May 2015

GROSS PURCHASE 6279.25 4416.14 4303.18 4901.79 3595.53

GROSS SALES 6067.83 4182.25 4179.69 4853.73 3633.84 Weekly Position

NET PURACHASE/SALES 211.42 233.89 123.49 48.06 -38.31

578.55

WWW.MONEYCLASSICRESEARCH.COM +91-9039777700


MONEY CLASSIC RESEARCH DII TRADING (RS. IN CRORE)

DII 22 May 2015 21 May 2015 20 May 2015 19 May 2015 18 May 2015

GROSS PURCHASE 1776.79 1721.79 1617.22 1693.92 1799.79

GROSS SALES 1539.17 1317.78 1513.64 1242.90 1236.19 Weekly Position

NET PURACHASE/SALES 237.62 103.58 103.58 451.02 563.60

1459.04

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.

WWW.MONEYCLASSICRESEARCH.COM +91-9039777700


MONEY CLASSIC RESEARCH S&P CNX NIFTY CHART ANALYSIS

Indian indices continued bullish during the last 2 weeks rally and closed on positive note amid IIP and CPI data. On sectorial front Banking, Metals, Infra, Financials sectors were up 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 down by 267 points to settle at 8185, nifty achieved our 1st level 8000 in the last week. 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 flat closed at 8250. Its long term trend is up. 8250 is a support level for minor correction in buying position. 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.

WWW.MONEYCLASSICRESEARCH.COM +91-9039777700


MONEY CLASSIC RESEARCH STOCK RECOMMENDATION Voltas Limited TECHNICAL VIEW

Stock Recommendation for 25/05/2015 is Voltas Ltd. In today trading session it was up 9.21%. Its long term trend is up. On daily chart it has break the resistance at 302. RSI and Parabolic SAR also indicate buying confirmation. It also breaks 52 week high. So our buying level is above 317 and our target is 321 and 325 in coming days. Our stop loss 311 is the entire indicator is suggesting that one can up for long position in the stock at above 317 levels. Our Recommendation on Voltas Ltd buy above 317 for 1st target 321 and 2nd Target 325 with stop loss level 311.

WWW.MONEYCLASSICRESEARCH.COM +91-9039777700


MONEY CLASSIC RESEARCH Idea Cellular TECHNICAL VIEW

Stock Recommendation for 25/05/2015 is Idea Cellular. In Friday’s trading session it was down 2.96%. Its long term trend is down. On daily chart it has given breakout level at 170 in Head & Shoulder pattern. Parabolic SAR and RSI have also selling confirmation. So our selling level is below 165.50 and our target is 162.50 and 159.50 in coming days. Our stop loss is 170.50 the entire indicator is suggesting that one can up for short position in the stock at below 165.50 levels. Our Recommendation on Idea Cellular sells below 165.50 for 1st target 162.50 and 2nd Target 159.50 with stop loss level 170.50.

WWW.MONEYCLASSICRESEARCH.COM +91-9039777700


MONEY CLASSIC RESEARCH

PAST PERFORMANCE OF STOCK RECOMMENDATION 2ND TGT 275

SL

BUY

COST LEVEL 1ST TGT 267 271

JUBLIFOOD

BUY

1775

-

-

1743

11 MAY

PNB

SELL

144

140

-

-

11 MAY

CAIRN

SELL

205

201

-

-

06 MAY

UPL

BUY

496

501

506

-

DATE

SCRIPT

ORDER

18 MAY

HEXAWARE

18 MAY

-

WWW.MONEYCLASSICRESEARCH.COM +91-9039777700


MONEY CLASSIC RESEARCH LATEST UPDATE State Bank of India beats estimates, Q4 net up 23%, bad loan ratio down State Bank of India (SBI), the country’s largest bank, reported strong operational numbers for the March quarter. The bank’s operational and asset quality numbers were better than expected during the quarter. Even as loan book grew by eight per cent during the quarter, SBI’s net interest income (NII) grew 14 per cent (y-o-y) to Rs 14,711 crore, led by lower cost of funds. The bank’s profit growth got a boost from higher other income, which grew 19 per cent (y-o-y) and 22 per cent QoQ to Rs 8,515 crore. Operating profit grew 17 per cent (y-o-y) to Rs 12,409 crore. Like other banks, SBI too has gained from higher treasury gains and core fee income. The bank’s net profit grew 23 per cent (y-o-y) and 29 per cent sequentially to Rs 3740 crore. ITC Q4 net seen up 10%, Cigarette maker ITC misses profit estimates India's largest cigarette maker reported a lower-than-expected quarterly profit as higher taxes on smokes and governments push to discourage tobacco consumption hurt business. ITC sells four out of every five cigarettes in India and is nearly 25 percentowned by British American Tobacco Plc. For the quarter ended March 31, Kolkata-based ITC earned 23.61 billion rupees ($371.6 million), Sales came in at 91.88 billion rupees, more or less in line with last year's 91.45 billion rupees. ITC, which sells brands like Gold Flake, Classic and India Kings, makes most of its revenue from cigarettes. ($1 = 63.5375 rupees)

WWW.MONEYCLASSICRESEARCH.COM +91-9039777700


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 finance minister’s budget speech for a stance on fuel pricing going ahead.

WWW.MONEYCLASSICRESEARCH.COM +91-9039777700


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

WWW.MONEYCLASSICRESEARCH.COM +91-9039777700


Turn static files into dynamic content formats.

Create a flipbook
Issuu converts static files into: digital portfolios, online yearbooks, online catalogs, digital photo albums and more. Sign up and create your flipbook.