Daily Equity Report, Strategy for Tomorrow By Money Maker Research Pvt Ltd

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Daily Equity Report

MONEY MAKER RESEARCH PVT. LTD.

DAILY EQUITY REPORT 27/JANUARY/2017 WWW.MONEYMAKERFINANCIAL.COM


Daily Equity Report

GLOBAL MARKET

INDEX

CMP

NASDAQ DJIA S&P HANG SENG

%CHANGE

5600.96 19885.00 2282.00 23049.12

+0.86% +0.57% +0.84% +0.43%

NSE GAINER

COMPANYNAME

KOTAKBANK BOSCHLTD BPCL BANKBARODA ADANIPORTS

CMP

PREV. CLOSE

CHANGE %

793.90 22828.00 713.20 162.80 304.50

743.35 21819.45 682.40 156.05 293.15

6.80% 4.62% 4.51% 4.33% 3.87%

The market has seemingly recovered from the demonetization gloom with Nifty50 ending above its crucial 8,600-mark for the first time since November 01. The Nifty rallied by over 5% in the entire January series and has recovered by 700 points from its lows of 7,900. As per provisional data, the Nifty rollovers to February series came in around 63% World stocks hit a 19-month high on Wednesday, lifted by strong Japanese trade data, stellar European company earnings and hopes that US President Donald Trump will press ahead with a large fiscal spending package. The S&P BSE Sensex settled at 27,708, up 332 points, while the Nifty50 closed at 8,602, up 128 points.

I INVESTMENT IDEA

NSE LOSERS

COMPANY NAME

CMP

PREV. CLOSE

CHANGE %

WIPRO BHARTISRTL HCLTECH INFY AUROPHARMA

475.00 312.30 838.65 936.55 705.00

481.50 316.50 848.80 945.55 711.60

-1.35% -1.33% -1.20% -0.95% -0.93%

BUY BHUSANSTL ABOVE 63.50 TARGET 64.10, 64.70, 65.30 STOPLOSS 62.30 BUY VADILALIND ABOVE 600 TARGETS 606 , 612, 618 STOPLOSS 588 BUY DREDGECORP ABOVE 483 TARGETS 488 , 493, 498 STOPLOSS 473

FOREX

FOREX

CLOSING

CHANGE

% CHANGE

USDINR

68.08

-0.10

-0.15%

EURINR

73.19

+0.02

+0.03%

GBPINR

85.59 59.95

+0.69 -0.19

+0.81% -0.32%

JPYINR

SELL ELGIRUBCO BELOW 58.50 TARGETS 58, 57.50, 57 STOPLOSS 59.50


Daily Equity Report

SECTORIAL INDICES

FII/DII INVESTMENTS

CATEGORY

FII/FPI

DII

DATE

01/24/17 5052.29 4958.34 93.95

01/24/17 2803.45 2269.96 533.49

BUY VALUE SELLVALUE NET VALUE

COMPANY NEWS

Crompton Greaves Consumer gains on strong Q3 results – Crompton Greaves Consumer Electronics rallied 8% to Rs 185 on the BSE after the company reported a healthy 39% year on year (YoY) growth in standalone net profit at Rs 57 crore for the quarter ended December 2016 (Q3FY17) on back of strong operational performance. Total income from operations of the company grew 9.8% YoY at Rs 889 crore, while total expenditure rose 8.5% at Rs 792 crore over the previous year quarter. Crompton Greaves Consumer Electronics said it was able to limit the impact of demonetization by undertaking a series of actions such as special incentives for channel partners, selective extension of credit to dealers, focused pricing action, and new product launches. MCX board appoints forensic auditor for trading software – The Board of Directors of Multi Commodity Exchange Ltd took a decision on Wednesday, to appoint a forensic auditor for software provided by ODIN. The vendor company is owned and operated by 63 Moons Technologies Ltd, which was earlier known as Financial Technologies India Ltd (FTIL). The move follows a Sebi directive asking the exchange to get the special audit done for the software, to ascertain whether it is among the best available and whether continuing with the same service provider -- since inception 13 years ago -- has put trading members who use FTIL software for their own operations at an unfair advantage.

INDEX

CLOSE

PR. CLOSE

% CHANGE

NIFTY 50

8602.75

8475.80

+1.50%

NIFTY NEXT 50

23395.60

23087.35

+1.34%

NIFTY 100

8867.95

8739.45

+1.47%

NIFTY 200

4618.95

4553.10

+1.45%

NIFTY 500

7417.70

7315.25

+1.40%

NIFTY MIDCAP 50

3916.30

3872.40

+1.13%

NIFTY MID100 FREE

15506.80

15339.25

+1.09%

NIFTY BANK

19473.20

19023.50

+2.36%

NIFTY AUTO

9967.70

9828.20

+1.42%

NIFTY FIN SERVICE

7853.30

7627.95

+2.95%

NIFTY FMCG

22206.25

21908.40

+1.36%

NIFTY IT

10164.45

10201.60

-0.36%


Daily Equity Report

PIVOT NIFTY

SCRIPT

R4

R3

R2

R1

P

S1

S2

S3

S4

NIFTY

8926

8807

8688

8645

8570

8527

8451

8332

8214

POINT OF VIEW TREND: BULLISH TO CONSOLIDATE RESISTANCE: 8620, 8670 SUPPORT: 8490, 8440 STRATEGY: BUY ON DIPS


Daily Equity Report PIVOT BANK NIFTY

SCRIPT

R4

R3

R2

R1

P

S1

S2

S3

S4

BANKNIFTY

20581

20177

19773

19623

19369

19218

18964

18560

18156

POINT OF VIEW TREND: BULLISH TO CONSOLIDATE RESISTANCE: 19520, 19660 SUPPORT: 19110, 18970 STRATEGY: BUY ON DIPS


Daily Equity Report

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