Indian commodity market tips

Page 1

24 DECEMBER15

www.trifidresearch.com


MARKET GOSSIPS

S

FOURTH UMPIRE

 Nifty reclaims 7850 mark; Metals, Pharma shines.  Tata Steel gains as co is in talks to sell long products Europe biz.  Wipro gains as acquires Viteos Group worth USD 130 million.  Suven Life rallied after securing 7 S new product patents.  Welspun Ent gains, divests 37 pct stake in DBCL for Rs 6.62 billion.  L&T arm secures orders worth Rs 11.78 billion in December.

MARKET POSITIONS INDEX

VALUE

Markets again picked up the momentum after the sell offs in previous session and rose gradually in the intraday session towards the resistance levels on back of strength in Pharma, Metals, Oil& Gas and positive global markets too aided the sentiments to close the indices on positive note gaining around 1%. Nifty future closed around the strict resistance of 7860 on daily charts and it needs to sustain above this to lead towards 7900-50. On lower side, 7750 is seen as near support. TREND: SIDEWAYS SUPPORT : 7800 & 7740 RESISTANCE: 7900 & 7940

BIG BULLS ACTIVITY CHANGE

%

SENSEX

25850

259

1.01

NIFTY

7865

79

1.03

BANK NIFTY

16882

73.5

0.80

INDIA VIX

13.65

-0.83

-5.73

CATEGORY BUY

SELL

NET

FII

2426.42

2040.6

385.82

DII

1743.36

1110.72

632.64


A STEP AHEAD FUTURE SCRIPS

@

TARGETS

B/S

SL1

T1

T2

T3

M&MFIN

S 238.65

239.65

237.65

236.65

235.65

TATAMTRDVR

B 282.55

283.55

281.55

280.55

279.55

CASH SCRIPS

@

TARGETS

B/S

SL1

T1

T2

T3

JSWSTEEL

B 1056.50

1046

1067

1077.70

1088.60

POWERGRID

B 140.60

139.20

142

143.40

144.85

R1

S1

S2

PIVOT TABLE SCRIPS

CLOSE

R2

RELIANCE FUT

1004.95

1060

1030

970

940

ONGC FUT

235.25

241

238

232

229

TATA STEEL FUT

263.75

270

267

260

257

SBI FUT

229.85

236

233

226

223

INFY FUT

1099.45

1160

1130

1070

1040

FUTURES & OPTIONS DATA OPEN INTEREST

NIFTY

22-DEC-15 18430425

23-DEC-15 17115975

CHANGE IN OPEN INTEREST -1314450

% -7.13

SCRIPS IN F&O BAN FOR TRADE DLF, INDIACEM, JINDALSTEL, JISLJALEQS, JPASSOCIAT, KSCL, UNITECH, WOCKPHARMA.


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