Technical Analysis for 18 May and Predictions for 21 May

Page 1

Daily Newsletter Newsletter-Equity 18 MAY 2012

EQUITY ANALYSIS - DAILY


MARKET WRAP Nifty ended moderately up gaining 11.95 pts, Sensex was up 40039 pts. France's CAC, Germany's DAX and Britain's FTSE were down 0.6-1%. CAD Foreign Securities Purchases was down with 2.08B. The BSE Sensex and NSE Nifty closed flat on Thursday amid never ending Greece concerns and faltering rupee against dollar. The crisis in the Eurozone adding pressure on the currency. In April, S&P downgraded the outlook for India to negative from stable, citing

poor

fiscal

health

and

deteriorating

economic

indicators

MARKET PERFORMANCE NIFTY GAINERS COMPANY NAME

CURRENT

PREV. CLOSE(RS)

CANG.(RS)

CHAG.(%)

Ambuja Cement SAIL ITC JP Associate Jindal Steel & Power

149.15 87.80 234.75 62.25 462.95

143.20 84.60 227.30 60.60 450.75

5.95 3.20 7.45 1.65 12.2

4.16 3.78 3.28 2.72 2.71

COMPANY NAME

CURRENT

PREV. CLOSE(RS)

CANG.(RS)

CHAG.(%)

Larsen & Toubro Reliance Infra Mahindra &Mahindra Cipla Bajaj Auto

1163.55 437.55 636.65 314.00 1575.35

1205.85 452.05 656.45 321.80 1614.35

-42.30 -14.50 -19.80 -7.80 -39.00

-3.51 -3.21 -3.02 -2.42 -2.42

NIFTY LOSERS


SECTORIAL INDICES INDEX

P.CLOSE

OPEN

HIGH

LOW

LAST

% CHANGE

S&P CNX NIFTY

4,858.25

4,878.60

4,922.25

4,850.20

4,870.20

0.25

9,495.45

9,498.00

9,641.45

9,462.45

9,496.75

0.01

5,870.25

5,870.70

5,896.65

5,811.45

5,869.10

-0.02

BANK NIFTY

9,164.25

9,199.50

9,328.50

9,113.65

9,154.20

-0.11

CNX 100

4,763.45

4,780.55

4,827.55

4,754.80

4,773.45

0.21

3,101.40

3,108.55

3,138.70

3,083.55

3,095.25

-0.20

3,871.40

3,882.75

3,923.70

3,866.10

3,879.15

0.20

CNX MIDCAP

6,902.05

6,902.75

6,987.80

6,863.90

6,886.55

-0.22

NIFTY MIDCAP 50

2,000.85

2,001.90

2,027.90

1,976.20

1,985.40

-0.77

CNX NIFTY JUNIOR CNX IT

S&P CNX DEFTY S&P CNX 500

INDEX MOVERS (PULLING IT UP) COMPANY NAME ITC HDFC Reliance Industries SBI Jindal Steel & Power

CONTRIBUTION 44.36 20.56 19.09 6.05 5.21 95.27

INDEX MOVERS (PULLING IT DOWN) COMPANY NAME Sterlite Inds. (I) Wipro Sun Pharma Inds. Coal India TCS

CONTRIBUTION -0.09 -0.62 -1.21 -1.39 -1.92 -5.23


CORPORATE ACTIONS ON 17/May/2012 COMPANY NAMES Alok Industries Andhra Cements AVT Natural Products City Union Bank Coal India eClerx Services

Esaar (India) Gennex Laboratories Hindustan Media Ventures Hindustan Oil Exploration Karnataka Bank Orissa Minerals Development

Panasonic Energy India Raymond Shriram City Union Finance State Bank of India Tata Steel Tips Industries

FII TRADING ACTIVITY (NSE & BSE) In Crores CATEGORY

DATE

BUY VALUE

SELL VALUE

NET VALUE

FII

17-May-12

2,289.29

2,298.96

-9.67

DII TRADING ACTIVITY (NSE & BSE) In Crores CATEGORY

DATE

BUY VALUE

SELL VALUE

NET VALUE

DII

17-May-12

955.33

701.18

254.15

F&O TRADE STATISTICS PRODUCT Index Futures Stock Futures Index Options Stock Options F&O Total

NO OF CONTRACTS

TURNOVER IN RS. CR.

PUT CALL RATIO

458,605.00 502,827.00 3,525,250.00 212,753.00 4,699,435.00

10,400.64 11,671.27 87,124.33 5,189.45 114,385.69

0.94 0.52 0.91


TECHNICAL VIEW NIFTY DAILY PIVOT INDICES NIFTY

R4 5097

R3 5025

R2 4953

R1 4911

P 4881

OUTLOOK Trend: - Consolidate Resistance: - 49200, 5000 Support: - 4800, 44720 Strategy: - Buy on Dips

NIFTY DAILY

S1 4839

S2 4809

S3 4737

S4 4665


BANK NIFTY DAILY PIVOT SCRIPT BANK NIFTY

R4 9871

R3 9626

R2 9381

R1 9233

P 9136

OUTLOOK Trend: - Consolidate Resistance: - 93000, 9500 Support: - 9000, 88800 Strategy: - Sell on High BANK NIFTY DAILY

S1 8988

S2 8891

S3 8646

S4 8401


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