WEEKLY Equity Market Tips and Recommendations by-The-Equicom for 8-july 2013

Page 1

x Weekly Newsletter-Equity 08 –JULY-2013

EQUITY ANALYSIS - WEEKLY


Weekly Newsletter Contents Market Wrap Market Performance NSE Gainers NSE Losers Volume Toppers World Indices Indian Equity Market Technical Analysis Nifty Spot Bank Nifty Future

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MARKET WRAP Nifty and Sensex were closed green; up 0.44%, 0.52% resp. this week. US Home sales 476K and US Unemployment Rate at 346K. Euro & U.S markets were mixed; while Asian markets were green last week.

Indian

equity markets ended green on Friday; on this week the Sensex and Nifty

were in bullish trend. Major sector which were up like IT Index, Oil & Gas Index, Banking Index and Top gainers are Sujana Metal (up 41.67%), JCT Electronics (up 40.00%), C&C Constructions (up 38.61%), AGC Networks (up 37.95%), Birla Power Solution (up 33.33%), KFA (up 26.25%) MVL (up 25.00%) & Technically Nifty may expect to up from this point or a short term range bound movement this week; Nifty this week may range 5450-6000.

The

Reserve Bank of India released, on its website, the data related to the results of

Computer Software and Information Technology (IT) Services Exports: 2011-12. The schedule was canvassed among 6,550 com. of which 731 comp. including most of the large companies responded, accounting for around 81.0% of the total software exports during the year. Growth of computer services exports during 2011-12 slowed down to 16.8% from 26.2% in the previous year, growth of BPO services exports rose to 8.0% in 2011-12 from 0.2%.

Public limited companies accounted for 58.7% share of the total software services exports during 2011-12 and % share registered much higher growth of 22.4%. India’s export of software services and ITES/BPO services during 2011-12 is estimated at ` 2,484.3bn (US$ 51.8bn), showing an annual growth of 14.5%. Exports of Computer Services and ITES/BPO services accounted for 75.2% and 24.8%, respectively of the total software services exports. US Dollar remained the major invoice currency for software exports with 76.4% share. Pound Sterling and Euro had shares of 8.7% and 7.0%, respectively.

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MARKET PERFORMANCE NSE GAINERS COMPANY NAME

CURRENT

PREV. CLOSE(RS)

CHANG.(RS)

CHANG.(%)

Sujana Metal JCT Electronics

0.85 0.35

0.60 0.25

0.25 0.10

41.67 40.00

C&C Constructions

28.90

20.85

8.05

38.61

AGC Networks

78.15

56.65

21.50

37.95

Birla Power Solution

0.20

0.15

0.05

33.33

COMPANY NAME

CURRENT

PREV. CLOSE(RS)

CHANG.(RS)

CHANG.(%)

Empee Distilleries

40.20

62.40

-22.20

-35.58

Gitanjali Gems

181.10

233.90

-52.80

-22.57

MMTC

79.05

102.05

-23.00

-22.54

Sangam India Bhartiya Internatl.

33.10 157.05

41.20 190.15

-8.10 -33.10

-19.66 -17.41

CURRENT

PREV. CLOSE(RS)

CHANG.(%)

Volume in (‘000s)

JP Associate Unitech Reliance Comm

54.45 20.95 135.70

52.40 21.05 134.10

3.91 -0.48 1.19

32903.00 29470.07 17573.07

Firstsource Solution

12.55

11.60

8.19

14937.56

HDIL

38.75

38.40

0.91

13330.17

NSE LOSERS

VOLUME TOPPERS COMPANY NAME

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SECTORIAL INDICES INDICES

COUNTRY

DATE

LAST

P.CLOSE

NET CHANGE

CHANGE %

Hang Seng

Hong Kong

05-Jul-13

20854.67

20468.67

386.00

1.89

Jakarta Composite

Indonesia

05-Jul-13

4602.81

4581.93

20.88

0.46

Nikkei 225

Japan

05-Jul-13

14309.97

14018.93

291.04

2.08

KLSE Composite

Malaysia

05-Jul-13

1772.27

1771.34

0.93

0.05

Seoul Composite

South Korea

05-Jul-13

1833.31

1839.14

-5.83

-0.32

Strait Times

Singapore

05-Jul-13

3169.73

3147.12

22.61

0.72

FTSE 100

UK

05-Jul-13

6375.52

6421.70

-46.18

-0.72

Nasdaq

US

05-Jul-13

3479.38

3443.67

35.71

1.04

DJIA

US

05-Jul-13

15135.84

14988.37

147.47

0.98

INDIAN EQUITY MARKET INDICES

LAST

PREV. VALUE

CHANGE

% CHANGE

NIFTY

5,868.00

5,842.20

25.80

0.44

BANK NIFTY

11480.00

11641.45

-161.45

-1.39

SENSEX

19,496.00

19,395.81

100.19

0.52

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TECHNICAL VIEW NIFTY WEEKLY PIVOT INDICES NIFTY

R4 6276

R3 6132

R2 5988

R1 5928

P 5844

OUTLOOK Trend: - CONSOLIDATE Resistance: -6010, 6140 Support: - 5740, 5620 Strategy: - BUY ON DIPS

NIFTY WEEKLY

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S1 5784

S2 5700

S3 5556

S4 5412


BANK NIFTY WEEKLY PIVOT SCRIPT BANK NIFTY

R4 12960

R3 12477

R2 11994

R1 11737

P 11511

OUTLOOK Trend: - CONSOLIDATE Resistance: - 11775, 12000 Support: - 11055, 10780 Strategy: - BUY ON DIPS BANK NIFTY WEEKLY

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S1 11254

S2 11028

S3 10545

S4 10062


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