Learning Trading Tips For Weekly Stock Market

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H

R W EE E K L Y P 16 FEB – 20 FEB 2015 O R T

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MARKET GOSSIPS

 Nifty above 8,800 level; CNX Pharma index hits fresh high.  December IIP slows to 1.7%; January CPI moves up to 5.11%.  Cipla Q3 profit up 15.3%; forms JV with Cooper Pharma and PHI.  Tata Steel surged acquisition plans.

higher

on

 Reliance infra gains; signs MoU with US-based Co Innovari Inc.  Jewellery stocks gains on talk budget would lower taxes.

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NIFTY WEEKLY

Support & Resistance CLOSE

S2

S1

CRUCIAL POINT

R1

R2

8872.65

8590

8700

9030

8970

9100

Weekly market view

Markets found a good pull back from supports last week after two consecutive weeks downfall as indices found support on back of hopes of reforms in Union Budget and better than expected IIP and CPI nos. ; also Russian ceasefire with Ukraine also supported the indices to define positive sentiments. Nifty future is expected to move towards the trend line so formed on daily charts where major and crucial resistance is seen near to 9100. Any uncertainties on domestic and global front can drag it towards the immediate weekly support of 8700. Key events affecting the markets are WPI on Monday and FOMC meet on Thursday.

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MARKET WATCH

DATE

FII

DII

(Figures are in Rs. cr.)

(Figures are in Rs. cr.)

09-FEB-15

-660.30

469.55

10-FEB-15

-1261.19

851.32

Indices Change INDEX

VALUE

PTS

%

SENSEX

29094

377

1.29

NIFTY

8805

144

1.63

11-FEB-15

-371.27

147.49

BANK NIFTY

19369

583

3.00

12-FEB-15

-406.28

705.53

INDIA VIX

20.10

-0.58

-2.88

13-FEB-15

390.26

95.82

Top Nifty Losers ( Weekly)

Top Nifty Gainers (Weekly)

JUBILANT FOOD

1619.6

P. Close 1345.5

WOCKHARDT LTD

1520.8

1285.2

18.33

APOLLO TYRES

182.85

231.05

20.86

GITANJALI

52.45

46.35

13.16

JP ASSOCAITE

24.35

28.45

14.41

HEXAWARE

258.25

234.15

10.29

FRL

116.70

135.20

13.68

SIEMENS LTD

1204.4

1093

10.20

UNITECH LTD

16.70

19.25

13.25

Scrip

Price

STOCK

Scrip

Price

P. Close

J&K BANK

110.55

146.75

24.67

% 20.37

CALLS OF THE COMMENTS WEEK

PFC(FUT)

SELL

BELOW 272 TARGETS 266-259 SL 281.

SUNTV(EQ)

BUY

ABOVE 442 TARGETS 453-465 SL 428.

LAST UPDATE

HDFC FUT BUY CALL NOY EXECUTED.

LAST UPDATE

HEROMOTOCORP FUT SELL CALL 1 TARGET ACHIEVED.

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ST

%

WEEKLY PICK NIFTY FUT.

TECHNICAL VIEW

HCLTECH EQ HAS BEEN TRADING AROUND ITS RECORD HIGHS AND IS EXPECTED TO BREAK ITS OWN RECORDS. BUY ABOVE 2010 TARGETS 2070-2150. MAINTAIN SL OF 1920.

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