Equity report 17 nov 2014 by ways2capital

Page 1

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TECHNICAL VIEW MOVING AVERAGE 21 DAYS

50 DAYS

100 DAYS

200 DAYS

NIFTY BANK NIFTY

8085 16251

7887 15759

8284 14155

8139 16727

NIFTY PIVOT REPORT DAILY

R2 8583

R1 8463

PP 8403

S1 8379

S2 8223

WEEKLY

R2 8729

R1 8509

PP 8399

S1 8289

S2 8069

MONTHLY

R2 8761

R1 8517

PP 8395

S1 8273

S2 8029

BANK NIFTY PIVOT REPORT DAILY

R2 18287

R1 17839

PP 17615

S1 17391

S2 16943

WEEKLY

R2 18873

R1 18003

PP 17568

S1 17133

S2 16263

MONTHLY

R2 19596

R1 18184

PP 17478

S1 16772

S2 15360

NSE EQUITY DAILY LEVELS COMPANY

R3

R2

R1

PP

S1

S2

S3

ACC ALBK

EQ 1551 EQ 127

1529 123

1520 121

1507 118

1498 117

1485 114

1463 110

AMBUJACEM ASIAN PAINT AXISBANK BAJAJ-AUTO BANKBRODA BANKINDIA BHEL

EQ EQ EQ EQ EQ EQ EQ

235 694 484 2693 1032 291 256

232 683 180 2672 1023 288 251

228 663 475 2642 1009 284 243

225 651 471 2621 100 281 238

221 631 466 2591 983 277 230

214 599 457 2540 963 270 218

241 726 493 2744 1055 298 268

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BHARTIARTL CIPLA COALINDIA DLF DRREDDY GAIL GRASIM HCLTECH HDFC HDFCBANK HEROMOTOCO HINDALCO HINDUNILVR ICICIBANK ITC INDUSIND BANK INFY JINDALSTEL KOTAKBANK LT M&M MRF MARUTI ONGC ORIENTBANK RANBAXY RCOM RELCAPITAL RELIANCE RELINFRA RPOWER SBIN SSLT SUNPHARMA TATAMOTORS TATAPOWER TATASTEEL UNIONBANK

EQ EQ EQ EQ EQ EQ EQ EQ EQ EQ EQ EQ EQ EQ EQ EQ EQ EQ EQ EQ EQ EQ EQ EQ EQ EQ EQ EQ EQ EQ EQ EQ EQ EQ EQ EQ EQ EQ

403 660 379 149 3584 527 3713 1710 1182 967 3080 171 778 1720 375 758 4266 172 1150 1668 1282 33179 3378 410 310 737 110 498 996 650 73.85 2943 258 970 561 96 507 229

396 638 366 145 3512 505 3647 1666 1152 946 3018 163 768 1706 372 742 4229 164 1124 1645 1267 32783 3354 400 298 699 106 488 983 635 72.95 2857 248 932 543 92 491 223

392 623 361 143 3473 497 3608 1638 1139 938 2991 160 762 1699 370 736 4210 161 1108 1633 1261 32569 3342 396 294 676 104 484 876 628 72.40 2822 244 909 533 90 484 220

389 615 353 141 3439 484 3581 1622 1121 924 2956 155 757 1692 369 726 4192 156 1097 1621 1253 32392 3331 391 286 660 102 478 870 619 71.95 2771 238 894 526 87 475 216

385 600 348 140 3401 476 3542 1594 1109 916 2929 152 751 1685 367 720 4173 153 1082 1609 1247 32175 3318 387 282 638 100 474 963 612 71.45 2736 234 872 516 86 469 213

382 592 339 137 3367 463 3515 1578 1091 903 2894 147 747 1678 365 710 4155 148 1070 1597 1239 32001 3307 381 274 622 98 468 957 603 71.05 2685 228 857 509 83 460 210

375 569 326 134 3294 442 3449 1534 1060 882 2832 140 737 1664 362 694 4118 141 1044 1573 1224 31610 3283 371 262 584 95 458 945 587 70.05 2599 218 819 492 79 444 203

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NSE WEEKLY NEWS UPDATE ✍ TVS Motor Q2 Net up 6.71 per cent to Rs 94.81 crore Chennai­based TVS Motor today reported 6.71 per cent increase in its standalone net profit at Rs 94.81 crore for the quarter ended September. The company had posted a net profit of Rs 88.84 crore during the July­September quarter last fiscal, it said in a filing to the BSE. Net income of the company increased 34.93 per cent to Rs 2,683.07 crore for the quarter under review as compared to Rs 1,988.37 crore in the same period a year ago. ✍ SBI Q2 net rises 31% to Rs 3,100 crore Country's largest bank SBI on Friday reported 30.5 per cent growth in net profit at Rs 3,100.41 crore for the quarter ended September 30. The standalone net profit of State Bank of India (SBI) was Rs 2,375 crore in July­ September quarter of 2013­14, it said in a filing to the BSE. Provisioning against bad loans during the quarter stood at Rs 4,274 crore, up 41 per cent from Rs 3,029 crore in the September quarter of last fiscal. Gross non­performing assets (NPA) as a percentage of total advances stood at 4.89 per cent at the end of September, lower than 5.64 per cent in the year­ago period. Net NPA was 2.73 per cent.Total income increased to Rs 41,833 crore during the quarter from Rs 37,199.92 crore in the corresponding period last year. ✍ HPCL net up 166% in Q2 on govt's subsidy support Hindustan Petroleum on Thursday posted a bumper growth in its net profit in the September quarter on the back of subsidy support from the government with a net profit of Rs 850.31 crore, marking some 166% increase over Rs 318.92 crore in the year­ago period. HPCL director (finance) K V Rao said the company bore only Rs 8 crore loss on fuel sales after government gave cash subsidy of Rs 1,403 crore and upstream firms such as ONGC extended Rs 3,751 crore (by way of discount on crude) to meet under­recoveries on diesel and kitchen fuels. Earning from processing each barrel of crude stood at $2.12 in Q2 as compared to $3.81 per barrel a year ago. The refining margin was lower on account of inventory loss Web: www.ways2capital.com | Mail: info@ways2capal.com | Contact: 1800-3010-2007 (Toll Free)


as global oil prices slumped. Turnover was marginally lower at Rs 51,633.18 crore against Rs 51,903.66 crore.

✍ Government hikes excise duty on petrol to Rs 2.70/litre and diesel to Rs 2.96/litre The government on Thursday raised excise duty on petrol and diesel to boost the exchequer, but fuel prices would remain unchanged at least for the next fortnight. Duty has been hiked to Rs 2.70/litre from Rs 1.20/litre on unbranded petrol and to Rs 2.96/litre from Rs 1.46/litre on unbranded diesel. On branded diesel, duty has been raised to Rs 5.25/litre from Rs 3.75/litre and on branded petrol the levy has been raised to Rs 3.85/litre from Rs 2.35/litre. ✍ Sun Pharma Q2 net up 15% at Rs 1,572 crore Sun Pharma on Thursday said its consolidated net profit rose by 15 per cent to Rs 1,572 crore for the second quarter ended September 30.The drug major had posted a net profit of Rs 1,362 crore during the same period of previous fiscal.Net sales of the company rose to Rs 4,751 crore for the second quarter, up 13 per cent, from the same period of previous fiscal. ✍ Tata Steel Q2 net up 37% at Rs 1,254 crore Tata Steel on Wednesday reported 37 per cent rise in consolidated net profit to Rs 1,254.33 crore for the July­September quarter mainly on account of proceeds from land sale worth Rs 1,146.86 crore. The world's 11th biggest steelmaker had clocked Rs 916.77 crore net profit in the corresponding quarter of the last fiscal, it said in a statement. The profit of the company before exceptional item and tax stood at Rs 1,302 crore, from Rs 1,398 crore. ✍ IFC issues first 1,000 crore ‘Masala bonds’ in UK IFC, a member of the World Bank, issued a 10­year, Rs 1,000­crore bond ($163 million) to increase foreign investment in India, mobilizing global capital markets to support infrastructure development in the country. The "Masala bonds" mark the first Web: www.ways2capital.com | Mail: info@ways2capal.com | Contact: 1800-3010-2007 (Toll Free)


rupee bonds listed on the London Stock Exchange. They are the longest­dated bonds in the offshore rupee markets, building on earlier offshore rupee issuances by IFC at three­, five­, and seven­year maturities. Proceeds from the offering will support a forthcoming infrastructure bond issuance by the Axis Bank, IFC said on Tuesday. ✍ Jet reports Rs 43cr loss The Jet Group has reported a loss of Rs 43 crore in the July­Srptember, 2014, quarter, down 96% from a loss of Rs 999 crore in same period last fiscal. On a standalone basis (not including JetLite), Jet Airways reported a profit of Rs 70 crore compared to a loss of Rs 891 crore last year. The group's combined revenue rose Rs 613 crore to Rs 5,092 crore in Q2, from Rs 4,480 crore in same quarter last year. ✍ Tata Motors Q2 net down 7% at Rs 3,291 cr Tata Motors reported a 7% dip in consolidated net profit at Rs 3,291 crore for the quarter ended Septmeber 2014. It was Rs 3,542 crore in the smae period a year ago.However, the consolidated total income rose 6% to Rs 60,783 crore as against Rs 57,100 crore in September 2013. ✍ HDIL posts 35% jump in net profit HDIL posted a 35% jump in its net profit in the second quarter of current financial year at Rs 57.8 crore as compared to Rs 42.7 crore in the corresponding quarter of previous financial year.The fall was due to decrease in interest charges .The company's total income went down 31% at Rs 304.8 crore in Q2 of FY 2015 as compared to Rs 443.9 crore in Q2 of FY 2014. ✍ BHEL Q2 net down 72.5% at Rs 125 crore BHEL's Q2 net profit fell 72.5% to Rs 125 crore from Rs 456 crore in the year­ago quarter.Net sales came in at Rs 6,027 crore compared to Rs 8,819 crore in the quarter ended September 30, 2014.

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This Document has been prepared by Ways2Capital (A Division of High Brow Market Research Investment Advisory Pvt Ltd). The information, analysis and estimates contained herein are based on Ways2Capital Equity/Commodities Research assessment and have been obtained from sources believed to be reliable. This document is meant for the use of the intended recipient only. This document, at best, represents Ways2Capital Equity/Commodities Research opinion and is meant for general information only. Ways2Capital Equity/Commodities Research, its directors, officers or employees shall not in any way to be responsible for the contents stated herein. Ways2Capital Equity/Commodities Research expressly disclaims any and all liabilities that may arise from information, errors or omissions in this connection. This document is not to be considered as an offer to sell or a solicitation to buy any securities or commodities. All information, levels & recommendations provided above are given on the basis of technical & fundamental research done by the panel of expert of Ways2Capital but we do not accept any liability for errors of opinion. People surfing through the website have right to opt the product services of their own choices. Any investment in commodity market bears risk, company will not be liable for any loss done on these recommendations. These levels do not necessarily indicate future price moment. Company holds the right to alter the information without any further notice. Any browsing through website means acceptance of disclaimer.

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