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TECHNICAL VIEW MOVING AVERAGE 21 DAYS
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NIFTY
8013
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7830
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BANK NIFTY
16045
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NIFTY PIVOT REPORT DAILY
R2 8654
R1 8418
PP 8300
S1 8182
S2 7946
WEEKLY
R2 9270
R1 8572
PP 8223
S1 7874
S2 7176
MONTHLY
R2 9913
R1 8733
PP 8143
S1 7553
S2 6373
BANK NIFTY PIVOT REPORT DAILY
R2 17760
R1 17256
PP 17004
S1 16752
S2 16248
WEEKLY
R2 18712
R1 17494
PP 16885
S1 16276
S2 15058
MONTHLY
R2 22200
R1 18366
PP 16449
S1 14532
S2 10698
NSE EQUITY DAILY LEVELS COMPANY
R3
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R1
PP
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ACC ALBK
EQ 1535 EQ 121
1517 117
1508 116
1499 113
1490 112
1482 109
1464 105
AMBUJACEM ASIAN PAINT AXISBANK BAJAJAUTO BANKBRODA BANKINDIA BHEL BHARTIARTL CIPLA
EQ EQ EQ EQ EQ EQ EQ EQ EQ
231 665 445 2665 945 294 260 421 688
229 661 442 2638 937 289 259 410 677
226 654 436 2601 924 282 256 403 662
224 650 433 2574 916 277 255 392 651
221 643 427 2536 903 270 252 385 636
216 632 418 2472 882 258 248 367 610
236 676 454 2729 966 306 264 439 714
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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
391 134 3365 611 3643 1687 1181 941 3196 173 774 1687 371 744 4192 174 1167 1762 1382 32991 3518 420 310 656 117 513 1038 704 81 2811 275 207 567 100 523 255
379 129 3260 570 3569 1646 1137 924 3133 167 754 1653 363 730 4113 167 1139 1702 1343 32169 3414 411 295 643 111 492 1016 665 78 2748 268 203 549 96 504 240
374 127 3214 549 3538 1627 1121 917 3098 165 746 1640 359 725 4082 164 1128 1678 1324 31742 3376 408 290 638 108 483 1008 651 77 2725 265 201 542 94 497 232
367 124 3155 529 3494 1605 1085 907 3069 161 734 1619 355 716 4034 160 1111 1640 1304 31347 3311 402 280 630 105 471 994 626 75 2685 260 199 531 93 485 225
362 122 3109 508 3464 1586 1077 900 3034 160 726 1606 351 711 4003 157 1100 1617 1285 30920 3272 399 275 625 102 462 986 612 74 2662 257 197 524 90 478 217
355 119 3050 488 3420 1564 1049 890 3005 159 714 1586 347 702 3955 153 1083 1579 1265 30525 3207 393 265 617 99 450 972 587 72 2622 252 195 513 88 466 210
343 114 2945 447 3346 1524 1005 873 2941 155 694 1552 339 688 3876 146 1055 1518 1225 29703 3103 384 250 604 93 429 950 548 69 2559 244 191 495 84 447 195
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NSE WEEKLY NEWS UPDATE ✍ Record closing: Nifty ends at 8322, Sensex soars 519 pts The market ended at record closing levels with mighty gains. The Sensex was up 519.50 points or 1.9 percent at 27865.83 and the Nifty ended up 153.00 points or 1.9 percent at 8322.20. About 1770 shares advanced, 1214 shares declined and 128 shares were unchanged. GAIL, Tata Power, HDFC, L&T and Tata Steel were top gainers in the Sensex. Deagged by Q2 results, Bharti and ITC were major losers.
✍ NSE cuts Nifty Futures lot size to 25 The National Stock Exchange has halved the lot size of Nifty Futures to 25 from October 31, the day on which new contracts for January 2015 will be available for trading. The Nifty lot size has been 50 since March 2007. The resizing comes on the back of doubling of the Nifty value over this period Lower capitalAccording to current guidelines issued by SEBI and NSE, the value of the derivative contract shall not be less than ₹2 lakh at the time of its introduction. Traders can have lower capital for trading in these futures. Margin requirements will drop proportionately. So, if for 50 Nifty you need 35,000, for 25 you need only ₹18,000. The same will be applicable for options shorting margin requirements as well. Similarly, the lot size of Nifty Midcap 50 has also been reduced to 75 from the existing 150. The NSE also revised the market lot downwards for 48 stocks, which will Reflect the new lot size from Friday. However, for eight stocks, the revision will reflect from January 2015 only, to avoid operational complexities, the NSE said.
✍ ITC Q2 profit up 8.72% to Rs 2,425.16 crore Leading conglomerate ITC Ltd on Friday posted a 8.72 per cent rise in its standalone net profit to Rs 2,425.16 crore for the second quarter ended September 30, 2014. The company had registered a net profit of Rs 2,230.53 crore in the JulySeptember period of 201314. Standalone total income of the company during the quarter under review also increased 14.76 per cent to Rs 9,023.74 crore, compared to Rs 7,862.53 crore in the same period of previous fiscal, ITC Ltd said in a filing to BSE
✍ SBI stock split: Nov 21 is record date State Bank of India has informed the exchanges that it has fixed the record date as November 21 for the purpose of determining the eligible shareholders for the proposed stock split. The Web: www.ways2capital.com | Mail: info@ways2capal.com | Contact: 1800-3010-2007 (Toll Free)
banking major plans to reduce the face value of equity share ₹10 each to ₹1 of 10 equity shares. Stock split will take effect from November 20.
✍ Mahindra & Mahindra Q2 net profit down 4.33% at Rs 946.63 crore Homegrown auto major Mahindra & Mahindra (M&M) on Friday reported 4.33% decline in standalone profit after tax (PAT) at Rs 946.63 crore for the second quarter ended September 30. The auto major had posted a PAT of Rs 989.5 crore during the same period a year ago. On a standalone basis, net sales during JulySeptember quarter stood at Rs 9,418.10 crore, up 6.84% from Rs 8,814.33 crore earlier, Mahindra & Mahindra said in a filing to the BSE. During the quarter under review, revenue from automotive segment stood at Rs 6,135.69 crore, an increase of 6.14% as compared to Rs 5,780.52 crore in same quarter a year ago. While, revenue from farm equipment in Q2 of FY15 was at Rs 3,406.73 crore, up 8.23% as against Rs 3,147.64 in the corresponding yearago period.
✍ Maruti Q2 net up 29%; to increase dividend payout Maruti Suzuki on Thursday reported a 29% rise in second quarter profit and increased the dividend payout ratio in the range of 18% to 30% against the average 1015% paid over the last few years. The company, controlled 56.3% by Japan's Suzuki, said higher sales and cost belting measures helped tide over tough market conditions where discounts were high compared to the corresponding quarter of the previous year. Profit in the JulySeptember'1415 quarter stood at Rs 863 crore against the Rs 670 crore recorded in the same quarter of the previous fiscal while net sales revenue was up 17% at Rs 11,996 crore (Rs 10,212 crore). The company, which introduced a new car in the Ciaz sedan, said vehicle sales were up 17% in the second quarter at 3.21 lakh units against 2.75 lakh units in the comparable period. And in a move aimed at pleasing investors ahead of a crucial vote to handover the Gujarat plant to parent Suzuki, the company's board approved the adoption of a guideline for a higher dividend payout ratio. It also recommended an increase in the FII limit to 40% from the present 24%, subject to shareholder approval and RBI nod. Chairman RC Bhargava said the company is yet to decide on a final date for the minority shareholders' voting to let Suzuki own and invest in the Gujarat plant, which has been slated to be commissioned in MayJune 2017.
✍ Bharti Airtel Q2 net profit zooms 170 per cent Higher data revenue powered the second quarter profits for Bharti Airtel, the country's largest mobile operator, which grew close to threefold at Rs 1,383 crore against Rs 512 crore in the Web: www.ways2capital.com | Mail: info@ways2capal.com | Contact: 1800-3010-2007 (Toll Free)
corresponding period of last fiscal.This was the fourth straight quarter of profit growth for the company which had reported its first profit growth in four years in the December quarter of 2013. Total revenues for Bharti Airtel rose 7% in the period at Rs 22,845 crore as compared to Rs 21,324 crore in the corresponding period.
✍ Maruti Suzuki India, Axis Bank joins Rs 1lakhcr marketcap club Maruti Suzuki India, the country’s largest carmaker and Axis Bank, the third largest private bank, have joined the elite club of companies with market capitalisation (mcap) of more than Rs 1 lakh crore. Shares of both these companies hit their respective lifetime highs during intra day deal on the bourses.At 1340 hours, shares of Axis Bank up about 2% to Rs 437 on the BSE, taking its market value to Rs 1,03,154 crore. Axis Bank is at the nineteen positions in overall market capitalization ranking, now joined HDFC Bank, State Bank of India and ICICI Bank, which having mcap of more than Rs 1 lakh crore.Maruti Suzuki India scrip too surged nearly 3% to Rs 3,331 on the BSE, taking its market value to Rs 1,00,594 crore. The company has become the second auto company after Tata Motors to cross the Rs 100,000 crore marks. With the addition of Axis Bank and Maruti Suzuki India, total companies having mcap of more than Rs 1 lakh crore now has 20 members.There are four each companies from information technology and banking sectors and two each from automobiles, fast moving consumer goods (FMCG) and oil and gas sectors are in the list.
✍ ACC Ltd clocks 62% rise in net profit in JulySeptember quarter Cement manufacturer ACC Ltd today reported a whopping 62 per cent rise in its consolidated net profit for JulySeptember quarter at Rs 192.60 crore on better cost management and improved realisations. The company, which follows JanuaryDecember as accounting year in line with its majority stakeholder Holcim, had reported Rs 118.90 crore net profit in the same quarter last year.
✍ ICICI Bank Q2 profit up 15%, beats estimates ICICI Bank has reported a net profit of Rs 2,709 crore for the quarter ended September 2014 — an increase of 15% over Rs 2,352 crore in the corresponding quarter last year — following growth in auto and home loans and improved margins.
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Speaking to newspersons after the results, Chanda Kochhar, MD & CEO, ICICI Bank, said that interest rates were headed downward. "We have seen a three to fourbasispoint reduction in the cost of funds. I think it is possible that this trend would continue and some amount of reduction (in lending rates) would take place," she said.
✍ Dr Reddy's secondquarter profit falls 17% Dr Reddy's Laboratories Ltd, India's secondlargest drugmaker by revenue, reported a 17 percent drop in its secondquarter profit due to higher costs, pushing its shares down nearly 3 percent on Wednesday. The company also said it bought the rights to sell the nicotine patch Habitrol in the United States from Novartis Consumer Health Inc, a unit of Swiss firm Novartis . The agreement was entered into on Oct. 18 and is subject to a review by the US Federal Trade Commission, Dr Reddy's said in a statement to the exchanges, without disclosing further details. The company reported a net profit of 5.74 billion rupees ($93.6 million) for the quarter ended September, down from 6.90 billion rupees a year earlier.
✍ NTPC's Q2 net profit drops 17% Changes in Tariff Regulations, 2014 has led to a 17 per cent drop in net profit for public sector power generator NTPC Ltd during the second quarter of fiscal 201415. Net profit for the quarter was ₹ 2,071.63 crore as against ₹ 2,492.90 crore.Net revenue for the second quarter increased 1.7 per cent to ₹ 16,736.63 crore as against ₹ 16,448.90 crore.NTPC said in a statement that the fall in net profit was due to the changes in the Tariff Regulations, 2014. The company’s gross generation in the second quarter increased around 2 per cent to 55.421 billion units as against 54.519 billion units in the same quarter last year.
✍ Union Bank Q2 net up 78% at Rs. 371 cr Union Bank of India reported a 78 per cent jump in net profit at Rs. 371 crore in the second quarter ended September 30, 2014, as against Rs. 208 crore in the yearago period.In the reporting quarter, net interest income (the difference between interest earned and expended) edged up 6.7 per cent to Rs. 2,085 crore (Rs 1,954 crore in the yearago period). Noninterest income rose 33 per cent to Rs. 812 crore.The global net interest margin was a tad lower at 2.53 per cent (2.54 per cent in the yearago quarter).The gross nonperforming assets to total assets ratio rose to 4.69 per cent as at Septemberend this year as against 3.64 per cent as at Septemberend 2013.
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✍ Gail (India) hits new high as Q2 profit beats estimates Gail (India) has moved higher by 8% to Rs 552, also its record high on NSE, after reporting betterthanexpected 42% yearonyear (yoy) jump in net profit at Rs 1,303 crore for the second quarter ended September 2014 (Q2), on back of strong operational performance. The stateowned company had profit of Rs 916 crore in previous year quarter.Operational income during the quarter under review grew marginally by 0.91% to Rs 14,130 crore against Rs 14,002 crore in the corresponding quarter of previous fiscal. Total expenditure however, declined by 3.8% to Rs 12,344 crore on yoy basis.The company’s liquefied petroleum gas (LPG) and liquid hydrocarbons segment has reported a profit before interest and tax (PBIT) of Rs 901 crore against a loss of Rs 228 crore in previous year quarter.
✍ JK Lakshmi Cement hits record high as Q2 profit trebles JK Lakshmi Cement has rallied 5% to Rs 378 on National Stock Exchange (NSE) after reporting nearly threefold jump in net profit at Rs 30.61 crore in September 2014 quarter (Q2), on back of improved volume and better realization. The company had profit of Rs 10.30 crore in the same quarter last fiscal.Net sales of the company grew 13% to Rs 638 crore during the July September quarter of the current fiscal from Rs 501 crore a year ago.
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