Weekly ly Newsletter Newsletter-Equity 22-Oct Oct-2012
EQUITY ANALYSIS - WEEKLY WEEKL
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
MARKET WRAP Nifty and Sensex were almost flat; gains 0.1% each this week. U.S. Unemployment claims came at 388K; existing home sales at 4.75M. U.S. & Euro market were green; Asian markets were consolidating last week.
Indian markets ended with losses on Friday wiping out almost half of previous day’s gains on account of some selling pressure seen in the Power, Metals, Capital Goods, Auto and the Banking stocks. This week profit booking was seen wiping all the gains, further global market actions & RBI’s stance at its month-end policy review can decide the short term movement. Technically Nifty may is expected to remain consolidate or a short term range bound movement this week; Nifty this week may range 5550-5820.
India’s core inflation index was estimated to have risen 5.56 percent in September from a year earlier, unchanged compared with the estimated 5.56 percent gain in Aug. The headline wholesale price index, India's main inflation gauge, rose 7.81 percent in Sep, faster than expectations for 7.70 percent, Inflation in diesel shot up to 8.94 per cent during the month, from 0.36 per cent, following government raising prices of the petroproduct by over Rs 5 per litre on Sep. manufactured items category was 6.26 per cent.
Market participants are cautious as a two-day European Union summit got underway in Brussels. After the first day of the summit wrapped up, Top leaders in Europe announced progress in Greece toward meeting its austerity targets but also said that Greece’s institutional lenders were still reviewing the country’s situation. Euro area BoP represented a decrease of €176 billion in net liabilities in comparison with the revised data
for
the
first
quarter
of
2012.
MARKET PERFORMANCE NSE GAINERS COMPANY NAME
CURRENT
PREV. CLOSE(RS)
CANG.(RS)
CHAG.(%)
Aarvee Denims
55.85
41.15
14.70
35.72
Bhartiya Internatl.
87.15
65.30
21.85
33.46
Pan India Corp.
0.40
0.30
0.10
33.33
TV18 Broadcast
32.40
25.05
7.35
29.34
Tulip Telecom
44.50
35.20
9.30
26.42
COMPANY NAME
CURRENT
PREV. CLOSE(RS)
CANG.(RS)
CHAG.(%)
Pradip Overseas
51.35
76.55
-25.20
-32.92
Zylog Systems
220.35
289.10
-68.75
-23.78
Plethico Pharma.
213.20
260.40
-47.20
-18.13
Dhanus Technology
1.35
1.60
-0.25
-15.63
Quintegra Solutions
1.90
2.20
-0.30
-13.64
CURRENT
PREV. CLOSE(RS)
CHAG.(%)
Volume in (‘000s)
Unitech
26.45
27.00
-2.04
25288.24
HDIL
102.75
105.55
-2.65
14708.64
JP Associate
93.50
95.05
-1.63
14419.56
ITC
297.50
291.60
2.02
13483.14
TV18 Broadcast
32.40
31.20
3.85
13474.20
NSE LOSERS
VOLUME TOPPERS COMPANY NAME
SECTORIAL INDICES Indices
Country
Date
Index
Net Change
Change (%)
Hang Seng
Hong Kong
19-Oct-2012
21551.76
415.33
1.96
Jakarta Composite
Indonesia
19-Oct-2012
4331.25
19.86
0.46
Nikkei 225
Japan
19-Oct-2012
9002.68
468.56
5.49
KLSE Composite
Malaysia
19-Oct-2012
1666.35
12.99
0.79
Seoul Composite
South Korea
19-Oct-2012
1943.84
10.58
0.55
Strait Times
Singapore
19-Oct-2012
3051.53
9.78
0.32
FTSE 100
United Kingdom
19-Oct-2012
5896.15
102.83
1.77
Nasdaq
United States
19-Oct-2012
3005.62
-38.49
-1.26
DJIA
United States
19-Oct-2012
13343.51
14.66
0.11
S&P 500
United States
19-Oct-2012
1433.19
4.60
0.32
INDIAN EQUITY MARKET INDICES
VALUE
CHANGE
% CHANGE
NIFTY
5684.25
8.20
0.14
BANK NIFTY
11505.45
81.65
0.71
SENSEX
18682.31
7.13
0.04
TECHNICAL VIEW NIFTY WEEKLY PIVOT INDICES NIFTY
R4 6043
R3 5925
R2 5807
R1 5746
P 5689
OUTLOOK Trend: - Bullish Resistance: - 58200, 6000 Support: - 5550, 55400 Strategy: - Buy on Dips
NIFTY WEEKLY
S1 5628
S2 5571
S3 5453
S4 5335
BANK NIFTY WEEKLY PIVOT SCRIPT BANK NIFTY
R4 12467
R3 12139
R2 11811
R1 11658
P 11483
OUTLOOK Trend: - Bullish Resistance: - 117550, 12000 Support: - 11200,, 10800 Strategy: - Buy on dips BANK NIFTY WEEKLY
S1 11330
S2 11155
S3 10827
S4 10499
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