TECHNICAL VIEW MOVING AVERAGE
21 DAYS
50 DAYS
100 DAYS
200 DAYS
NIFTY
8786
8604
8431
8056
BANK NIFTY
19363
18847
17623
16196
R2
R1
PP
S1
S2
9259
9081
8992
8903
8725
R2
R1
PP
S1
S2
9533
9079
8851
8623
8167
R2
R1
PP
S1
S2
10279
9289
8794
8299
7309
R2
R1
PP
S1
S2
21186
20462
20100
19738
19014
R2
R1
PP
S1
S2
21420
19872
19099
18325
16777
NIFTY PIVOT REPORT DAILY
WEEKLY
MONTHLY
BANK NIFTY PIVOT REPORT DAILY
WEEKLY
MONTHLY
R2 24944
R1 21206
PP 19337
S1 17468
S2 13730
NSE EQUITY DAILY LEVELS COMPANY NAME
R3
R2
R1
PP
S1
S2
S3
ACC ALBK AMBUJACEM
EQ EQ EQ
1772 118 286
1723 113 278
1700 111 275
1674 109 269
1651 106 266
1625 104 261
1576 99 253
ASIAN PAINT AXISBANK
EQ EQ
834 712
822 656
821 637
811 599
809 580
799 543
787 487
BAJAJ-AUTO BANKBARODA BANKINDIA BHEL 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 SSLT SBIN 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 EQ EQ EQ EQ
2261 214 261 319 373 720 411 178 3556 433 3982 2095 1425 1149 2768 160 936 360 375 950 2350 212 1461 1946 1379 42213 3810 345 256 734 74 481 903 513 65 229 364 940 641 90 373 182
2207 199 247 292 364 698 403 167 3445 422 2875 2058 1390 1118 2725 157 923 354 362 936 2320 200 1436 18884 1328 41650 3742 333 248 724 70 470 883 496 63 222 328 928 613 88 363 177
2186 192 241 277 360 690 398 161 3407 417 3829 2039 1376 1107 2701 156 915 350 355 928 2301 195 1422 1862 1298 41387 3717 326 245 719 68 464 871 488 62 219 314 923 598 87 356 174
2154 184 234 264 356 676 394 156 3333 411 3767 2021 1355 1087 2682 154 911 348 350 923 2289 188 1411 1822 1278 41087 3675 322 241 714 66 459 863 478 62 216 292 916 586 86 352 171
2132 177 228 249 351 668 390 150 3296 406 3721 2002 1341 1076 2658 153 903 344 342 915 2270 183 1397 1800 1248 40824 3650 314 237 709 64 453 851 471 60 212 278 911 571 85 346 168
2100 169 221 237 347 654 385 145 3222 400 3659 1984 1320 1056 2638 152 898 341 337 910 2259 176 1386 1760 1228 40524 3607 310 233 704 62 448 843 461 60 209 255 904 558 83 342 166
2047 153 208 209 338 632 377 134 3111 389 3551 1947 1285 1025 2595 149 886 335 325 896 2228 164 1361 1698 1178 39961 3539 299 225 694 59 437 823 443 58 203 219 892 530 81 332 160
NSE WEEKLY NEWS UPDATE ✍ Sebi cancels Sahara’s portfolio management licence Market regulator Sebi on Friday cancelled the portfolio management licence of Sahara Asset Management (AMC). Under this business, Sahara AMC managed nearly Rs 77 lakh worth of funds for six clients as of January 2015, according to the Sebi order. The Sebi decision, however, will not impact Sahara's mutual fund business under which the conglomerate managed assets worth nearly Rs 148 crore as of December 2014. ✍ Bonds recover, call rates end higher Government bonds (G-Secs) recovered on fresh buying support from banks and corporates and the overnight call money rate ended higher at the money market due to good demand from borrowing banks amid tight liquidity in the banking system. The 8.40 per cent government security maturing in 2024 rose at Rs 104.45 from Rs 104.36 previously, while its yield edged-down to 7.72 per cent from 7.74 per cent. The 8.60 per cent government security maturing in 2028 climbed at Rs 107.06 from Rs 106.99, while its yield inched down to 7.74 per cent from 7.75 per cent. ✍ Govt to divest ONGC after crude settles around $70 The government would wait till crude prices stabilize at around $70 a barrel before selling 5% in ONGC, moving disinvestment in the country's most profitable company to the 2015-16 fiscal starting April 1. Government sources on Wednesday said the "time was not ripe" for offloading stake in refiner-marketer IndianOil, though the matter was "in discussion" within the government.The ONGC selloff was initially supposed to have happened in November 2014 and was estimated to fetch some Rs 14,000 crore. But falling crude prices changed the valuation template and took a toll on the company's financial health. ✍ Bharti Airtel to raise $415 million through sale of shares of Bharti Infratel Bharti Airtel, India's biggest mobile phone operator by users, is raising as much as $415 million through the sale of shares in mobile tower unit Bharti Infratel, two sources directly involved in the process told Reuters. The base size of the offering is $315 million with an option to raise it by another $100 million, said the sources, who declined to be named as the details of the offering was not public yet. Second round of coal auction to be held on March 4The government has put off the second round of auction of 21 coal blocks to early next month. The auction of mines in the second tranche was earlier scheduled to begin from Wednesday. "The auctions (of second lot of coal mines will) begin on March 4," a coal ministry official said. ✍ ITC to buy Park Hyatt Goa for Rs 515 crore ITC is on an acquisition spree. Within a fortnight of a major buy in the personal care products space, the Rs 45,000-crore conglomerate looks set for an over Rs 500-crore acquisition in the hospitality sector. On Monday evening, the FMCG-to-hotel-to-tobacco giant was declared the highest bidder — at the bid price of Rs 515 crore — by IFCI for Park Hyatt Goa, a five-star deluxe property of Delhi-based Blue Coast Hotels Group. Park Hyatt Goa was put up for sale by IFCI under the Securitisation and Reconstruction of Financial Assets and Enforcement of Security Interest Act.
✍ JSPL, DLF shares fall on exit from Nifty from March 27 Shares of realty major DLF and Jindal Steel & Power today witnessed selling pressure after the announcement that both the firms will be dropped from the National Stock Exchange's benchmark index Nifty from March 27. Jindal Steel & Power tumbled 4 per cent to Rs 186.45 on the NSE. Similarly, DLF's scrip fell by 2.6 per cent to Rs 147.40. Telecom firm Idea Cellular and private sector lender Yes Bank would be included in the 50-share benchmark index. ✍ Hindalco shares surge over 3% as company bags maximum mines Shares of Hindalco Industries rose over three per cent today after the company bagged the maximum number of mines in the first phase of auction. The company won three mines that includes two in Chhattisgarh and one in Jharkhand. The companies that have bagged the 19 blocks put up for auction in the first phase include Reliance Cement, GMR Chhattisgarh, Hindalco, Sunflag Iron and Steel, Jaiprakash Associates, Jaiprakash Power Ventures, OCL Iron and Steel, Bharat Aluminium, Essar Power MP, Jindal Power and UltraTech Cement. ✍ DLF to sell 50% in 4 projects to raise 3,000cr Realty major DLF plans to divest around 50% stake each in four new housing projects to private equity firms for over Rs 3,000 crore, a senior company official said on Sunday. India's largest real estate firm expects to close some of the deals by June and would use the funds to improve its cash-flows that have been affected due to slowdown in housing demand. "We are looking for private equity in 4 greenfield housing projects in Delhi-NCR and South India," DLF CFO Ashok Tyagi said. He said discussions with few private equity players have started but declined to disclose their names. Tyagi said, "We are targeting to raise about Rs 2,500 crore by June from 2-3 deals".
✍ Top six Sensex companies add Rs 57,869 crore in market valuation The top six Sensex companies together added Rs 57,869.38 crore in market valuation last week, with bluechips such as TCS, ITC and HDFC stealing the show. Barring ONGC, RIL, Infosys and SBI, rest of the six companies in the top 10 list saw a rise in their market capitalisation for the week ended Friday (February 20). In the ranking of top 10 firms, TCS stood at the number one position, followed by ITC, ONGC, RIL, HDFC Bank, Infosys, CIL, SBI, HDFC and HUL. ✍ Sebi bans company in Rs 1,700cr rigging case The Securities & Exchange Board of India (Sebi) on Friday banned trading in little-known Kamalakshi Finance, while imposing restrictions on 33 entities, for what it believes was price manipulation of the order of Rs 1,700 crore, making it the 27th company where trading has been suspended.The move is part of Sebi's efforts to check possible misuse of stock market trades to ramp up prices of shares allotted through preferential allotment. In his latest order issued on Friday, Sebi member Rajeev Kumar Agarwal has sought a detailed investigation by the regulator for probable violation of securities laws, while asking the income tax department for necessary action. While 24 entities have been barred from the entire capital markets, nine others have been restrained from trading in shares of Kamalakshi Finance. ✍ ITC plunges over 11 pc after excise duty hike on cigarettes
Cigarette stocks, led by ITC, fell sharply on Saturday, following the Budget proposal to increase excise duty.ITC tanked 11.12 per cent to Rs 350 on the BSE. The stock was the biggest loser among the 30 blue-chips which constitute the stock market benchmark, Sensex.The heavyweight stock surrendered its initial gains after the announcement.Shares of Godfrey Phillips India tumbled 5.44 per cent, VST Industries fell by 3.98 per cent and Golden Tobacco was down 2 per cent on the BSE. “Excise duty on cigarettes is being increased by 25 per cent for cigarettes of length not exceeding 65 mm and by 15 per cent for cigarettes of other lengths. Similar increases are proposed on cigars, cheroots and cigarillos,� said Finance Minister Arun Jaitley in his Budget Speech.
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