Weekly Equity Recommendation

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Weekly Newsletter-Equity 31-Dec-2012

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


MARKET WRAP Nifty and Sensex were closed green; gained 1.04%, 1.05% resp. this week. New Home Sales 377K and US Unemployment Claims at 350K. US & Euro markets were mixed; Asian markets too were also mixed last week.

Indian markets ended gained on Friday; on this week the Sensex and Nifty were green, Marginally up around by 1.00 % each. Major sectors which were up like Realty, Oil & Gas. Top gainers were HDIL (up 2.8%) Unitech (up 2.8%), Cairn India (up 2.6%).HPCL (up 5.1%).GSPL (up 4.6%) Technically Nifty may expected to drop from this point or a short term range bound movement this week; Nifty this week may range 6150-5690.

Risks to India's macro-economic stability have increased on the back of an economic slowdown, high inflation, and ballooning fiscal and current account deficits. The current account deficit also remains a concern as Asia's third largest economy has seen exports fall due to weak demand in key markets like the US & Europe, while imports of gold & oil have remained high. The National Development Council (NDC) met in Delhi on Thursday where the draft of the 12th Five-Year Plan was tabled.

The S&P 500 has Negative this week’s on Thursday longest losing streak in three months as the federal government edged closer to the "fiscal cliff" with no solution in sight. The major indices showed this week a consolidate trend, with the Dow jones down nearly by 1.62 percent, and the Nasdaq Composite Index gained 64.48 pts or 2.11 percent to end at 2985.91.The Petroleum Planning and Analysis Cell (PPAC) under the Ministry of Petroleum and Natural Gas increased at US$ 108.71/barrel on this was higher than the price of US$ 106.66/bbl prevailing on the previous trading day.


MARKET PERFORMANCE NSE GAINERS COMPANY NAME

CURRENT

PREV. CLOSE(RS)

CANG.(RS)

CHAG.(%)

Timbor Home

48.05

37.10

10.95

29.51

Vaswani Industries

5.45

4.25

1.20

28.24

Manaksia

57.20

44.75

12.45

27.82

Sagar Cements

275.40

218.25

57.15

26.19

Aftek

9.05

7.45

1.60

21.48

CURRENT

PREV. CLOSE(RS)

CANG.(RS)

CHAG.(%)

Birla Cotsyn (India)

0.15

0.20

-0.05

-25.00

Geodesic

23.20

30.40

-7.20

-23.68

Alps Inds

2.00

2.50

-0.50

-20.00

JIK Industries

2.60

3.15

-0.55

-17.46

Polar Industries

5.15

6.20

-1.05

-16.94

CURRENT

PREV. CLOSE(RS)

CHAG.(%)

Volume in (‘000s)

Suzlon Energy

19.35

17.95

7.80

99747.92

Bharti Infratel

191.65

-

-

35350.85

Unitech

33.60

33.70

-0.30

23360.07

NHPC

25.60

25.60

0.00

22671.81

12.65

13.75

-8.00

14431.35

NSE LOSERS COMPANY NAME

VOLUME TOPPERS COMPANY NAME

S Kumars Nation.


SECTORIAL INDICES Indices

Country

Date

Index

Net Change

Change (%)

Hang Seng

Hong Kong

31-Dec-2012

22619.78

-40.00

-0.18

Jakarta Composite

Indonesia

31-Dec-2012

4281.86

27.04

0.64

Nikkei 225

Japan

31-Dec-2012

10322.98

283.65

2.83

KLSE Composite

Malaysia

31-Dec-2012

1674.16

15.31

0.92

Seoul Composite

South Korea

31-Dec-2012

1987.35

11.26

0.57

Strait Times

Singapore

31-Dec-2012

3191.80

28.24

0.89

FTSE 100

United Kingdom

31-Dec-2012

5954.30

-4.00

-0.07

Nasdaq

United States

31-Dec-2012

2985.91

-64.48

-2.11

DJIA

United States

31-Dec-2012

13096.31

-215.41

-1.62

S&P 500

United States

31-Dec-2012

1418.10

-25.59

-1.77

INDIAN EQUITY MARKET INDICES

VALUE

CHANGE

% CHANGE

NIFTY

5908.35

60.65

1.04

BANK NIFTY

12570.00

222.65

1.80

SENSEX

19444.84

202.84

1.05


TECHNICAL VIEW NIFTY WEEKLY PIVOT INDICES NIFTY

R4 6153

R3 6067

R2 5981

R1 5945

P 5895

OUTLOOK Trend: -Consolidate Resistance: - 6050, 6150 Support: -5800, 5690 Strategy: - Buy On Dips

NIFTY WEEKLY

S1 5858

S2 5809

S3 5722

S4 5636


BANK NIFTY WEEKLY PIVOT SCRIPT BANK NIFTY

R4 13440

R3 13122

R2 12804

R1 12687

P 12486

OUTLOOK Trend:- Consolidate Resistance: - 12900, 13320 Support: - 12180, 11800 Strategy: - Buy On Dips BANK NIFTY WEEKLY

S1 12369

S2 12168

S3 11850

S4 11532


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