TECHNICAL TREND ( NIFTY - BANK NIFTY FUTURES ) NIFTY FIFTY : Nifty futures and bank nifty future market closed on 10003 / 24245 according to technical analysis if nifty futures and bank nifty future moves up-word in upcoming treading sessions then 10075 / 24486 will be small resistance, if it break this level then nifty futures and bank nifty future can touch 10189 / 25089 level . it will be hard resistance. meanwhile in reveres there is small support on 9899/ 23937 for nifty futures and bank nifty future after breaking this support with volume there is big support for nifty futures and bank nifty future on 9777 / 23197.
Monday, 9 Oct 2017
TECHNICAL VIEW (NIFTY- BANK NIFTY FUTURES ) NIFTY DAILY
WEEKLY
MONTHLY
R2
R1
PP
S1
S2
10122
9990
9924
9858
9726
R2
R1
PP
S1
S2
10644
10095
9821
9673
8998
R2
R1
PP
S1
S2
11374
10388
9894
9400
8413
R2
R1
PP
S1
S2
24781
24340
24119
23899
23458
R2
R1
PP
S1
S2
26591
24893
24044
23195
21497
R2
R1
PP
S1
S2
24747
25755
24260
22764
19772
BANK NIFTY DAILY
WEEKLY
MONTHLY
MOVING AVERAGE
21 DAYS
50 DAYS
100 DAYS
200 DAYS
NIFTY
9988
9961
9809
9325
BANK NIFTY
24480
24494
23982
22219
PARABOLIC SAR
DAILY
WEEKLY
MONTHLY
NIFTY
10120
8840
7558
BANK NIFTY
25027
20340
15834
PATTERN FORMATION ( NIFTY )
Detail of Chart - Nifty open at 9931 made high of 10033 .it shows upside movemnet in it ,can move further upward side next resistance for nifty is 10040.
PATTERN FORMATION ( BANK NIFTY )
Detail of Chart - Bank nifty open at 24176made high of 24347 it move in upside rally it can move further upside movement can go upto the level of 25000 next resistance for bank nifty is 24350.
NSE EQUITY DAILY LEVELS COMPANY NAME
R2
R1
PP
S1
S2
ACC ALBK
EQ EQ
1774 69
1757 68
1730 67
1713 66
1687 65
AMBUJACEM ASIAN PAINT AXISBANK 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 RCOM RELCAPITAL RELIANCE RELINFRA RPOWER SBIN VEDL 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 EQ EQ
284 1175 509 3165 144 143 86 387 592 282 176 2426 473 1179 922 1779 1809 3815 259 1225 276 268 1290 425 157 1051 1150 1329 65472 7963 176 128 18 582 849 483 43 261 332 543 432 82 712 133
281 1165 506 3152 142 142 85 385 588 279 174 2401 464 1165 913 1760 1804 3764 255 1218 274 267 1279 420 154 1045 1146 1316 64912 7933 175 126 17 567 843 477 42 259 329 536 428 81 703 131
277 1159 503 3141 141 141 84 381 585 276 172 2384 449 1155 901 1746 1799 3726 248 1205 272 266 1270 412 151 1037 1140 1307 64060 7889 173 124 16 557 833 472 41 255 325 526 422 80 684 128
274 1148 500 3128 139 140 83 379 582 274 169 2360 440 1142 892 1727 1794 3675 244 1199 270 264 1259 407 149 1031 1136 1294 63499 7859 172 122 15 542 826 466 40 253 323 519 418 79 674 127
270 1142 498 3117 138 139 82 376 579 271 167 2343 425 1132 879 1714 1789 3637 237 1186 268 263 1250 399 145 1022 1130 1285 62647 7815 170 121 14 532 816 461 39 249 318 509 412 78 655 124
TOP 15 ACHIEVERS SR.NO
SCRIPT NAME
//
PREV CLOSE
CMP
% CHANGE
TOP 15 LOOSERS SR.NO
SCRIPT NAME
PREV CLOSE
CMP
211
204.75
-2.96
% CHANGE
1
GAIL
467.45
452.70
+8.03
1
POWERGRID
2
375.30
746
+7.86
2
RELIACNE NAVAL
52.65
51.60
-1.99
3
AUROBINDO PHARMA RELIACNE INDUS
2929.60
837.05
+7.19
3
IRB INFRA
212.85
208.75
-1.93
4
TATASTEEL
493.90
691.45
+5.96
4
ABB
1398.90
1372.10
-1.92
5
TATA MOTOR
137.45
424.85
+5.82
5
HEROMOTOCO
3774.55
3703.95
-1.87
6
SUNPHARAMA
369.50
530.20
+5.36
6
BHARIAIRTEL
389.45
382.30
-1.84
7
NTPC
385.35
176.05
+5.14
7
ICICI BANK
276.60
271.95
-1.68
8
IBULHSGFIN
1219.9
1268.20
+5.09
8
SUZLON ENERGY
15.60
15.35
-1.60
9
BAJAJFINANCE
520.30
1923.60
+4.65
9
AXIS BANK
509.15
503.35
-1.14
10
AMBUJACEMENT
860.70
278.75
+4.62
10
MARUTI SUZUKI
7978.20
7903.20
-0.94
11
YESBANK
80.60
365.80
+4.51
11
HDFC BANK
1805.70
1800.10
-0.31
12
HINDPETRO
2159.50
445.45
+4.37
12
TECH MAHINDRA
457.85
456.85
-0.22
13
HINDALCO
878.70
250.90
+4.28
13
CIPLA
586.10
585.40
-0.12
14
VEDL
817.90
327.15
+4.11
14
HDFC
1742.15
1740
-0.12
15
M AND M
977.30
1303
+3.89
15
L AND T
1142.05
1141.80
-0.02
NEXT WEEK STARS( AS PER TECHNICAL ANALYSIS ) NSE FUTURE NSE FUTURE :BUY BEPL CASH ABOVE 112 TGT 120 SL 105 NSE FUTURE :BUY RAIN INDUS CASH ABOVE 187 TGT 200 SL 180 NSE FUTURE :BUY HBL POWER CASH ABOVE 63 TGT 67 SL 60
NSE CASH NSE CASH : BUY TITAN FUTURE ABOVE 630 TGT 640 SL 626 NSE CASH : BUY GAIL FUTURE ABOVE 455 TGT 465 SL 450 NSE CASH : BUY MARUTI FUTURE ABOVE 8000 TGT 8100 SL 7950.
NSE - WEEKLY NEWS LETTERS ✍ TOP NEWS OF THE WEEK AMBER ENTERPRISES FILES IPO PAPERS WITH SEBI - Appliance maker Amber Enterprises has filed preliminary papers with SEBI to raise Rs 555 crore through an initial share-sale offering, according to draft prospectus filed with the markets regulator.The IPO comprises of fresh issue of equity shares worth Rs 450 crore and sale of scrips to the tune of Rs 105 crore by promoters Jasbir Singh and Daljit Singh. The company plans to use the proceeds for repayment and advance payment of certain loans and for other general corporate purposes. Edelweiss Financial Services, IDFC Bank, SBI Capital Markets and BNP Paribas will manage the company's initial public offer .During April-September period of the ongoing fiscal, as many as 19 Indian companies raised close to Rs 27,000 crore through IPOs, much higher than Rs 16,535 crore garnered by 15 firms in the year-ago period.The Gurugram-based company manufactures air conditioners. Companies from diverse sectors like insurance, healthcare, education, bank, cable TV and shipping have made their way to the IPO space during the period under review . CG CONSUMER ELECTRICALS GAINS ON BUZZ OF KENSTAR DEAL - The stock of CG Consumer Electricals rallied during Friday’s trade after the company competed in the final leg of the race to acquire Kenstar, reported a leading business daily.CG Consumer and PE fund Everstone Capital have submitted binding offers and are in negotiations with Videocon to enter into exclusive talks. CG Consumer has placed its bid at Rs 1,400 crore, Everstone Capital has offered Rs 1,300 crore. The stock on yearly basis has given 27.93% returns and has underperformed BSE Consumer Durables and outperformed BSE Midcap index.Crompton Greaves Consumer Electricals Limited manufactures and markets a range of consumer products. The Company’s main products/services include lighting products and electrical consumer durables . It operates through two segments: Lighting Products and Electrical Consumer Durables. PANAMA PETROCHEM TURNS EX-BONUS - Shares of Panama Petrochem were trading negative after being ex-bonus issue on Tuesday.Panama Petrochem has approved the proposal for issue of bonus shares to the existing shareholders of the company in the ratio of 1:2.
CONFIDENCE PETROLEUM SOARS WITH LAUNCH OF LPG CYLINDER UNIT The stock price of Confidence Petroleum soared by 5% during the trading hours of Thursday. The spike came after the company announced that its subsidiary Blueflame Industries has commenced new cylinder manufacturing unit at Village Gutjora, Dhanbad, Jharkhand. In response to the news, the stock advanced by approximately 4.78% to settle at Rs 21.90 on BSE. The newly established unit will commence within a record time of 97 days and boast a capacity of producing 5 Lakh cylinders every year. Currently, promoters are holding 53.66% stake in the company. At the end of the quarter on June 30, 2017, the company reported total revenue at 136.71 crore and net profit stood at 4.38 crore. Confidence Petroleum India Ltd is currently trading at Rs 21.9, up by Rs 1 or 4.78% from its previous closing of Rs 20.9 on the BSE. The scrip opened at Rs 21.9 and has touched a high and low of Rs 21.9 and Rs 21.9 respectively. So far 15, 575shares were traded on the counter. The current market cap of the company is Rs 540.89 crore. Last one week high and low of the scrip stood at Rs 20.9 and Rs 19 respectively. The stock is currently trading above its 50 DMA. RELIANCE’S ARM TO DIVEST US SHALE GAS ASSETS - announced that Reliance Marcellus II, LLC, a subsidiary of Reliance Holding USA, Inc. and RIL has signed an agreements to divest all of its interest in certain upstream assets in north-eastern and central Pennsylvania. The assets, which are currently operated by Carrizo Oil & Gas, Inc., were sold to BKV Chelsea, LLC, an affiliate of Kalnin Ventures LLC, for consideration of $126 million, subject to customary closing terms and conditions. Additionally, Reliance could receive contingent payments of up to $11.25 million in aggregate based on natural gas prices exceeding certain thresholds over the next three years. The sale of the assets will be consummated in accordance with the terms of a purchase and sale agreement, dated October 5, 2017, by and between Reliance and the buyer. The transaction is anticipated to close by the end of the third quarter of FY2018, with an April 1, 2017 effective date . INfosys to support KONE’s IT transformation - KONE has selected Infosys to support its IT transformation, informed the company through a BSE filing on Wednesday. Infosys strengths in SAP, systems delivery and automation will strengthen KONE’s IT capabilities in application development and maintenance. Infosys will also establish its first design and innovation centre in Helsinki, consolidate its presence in the market as well as strengthen its position in the Nordics region.
The facility will also provide end-to-end technology, consulting and systems integration services and will house a design thinking and innovation lab where Infosys customers across Nordics will have access to disruptive tools and technologies that can transform their business. Meanwhile on bourses, the stock slipped 0.34% at Rs 901.40 per share attracting a total traded quantity of 0.72 lakh shares. The stock on yearly basis has lost 14.11% and has underperformed BSE Sensex index and BSE IT index. The company has been maintaining a dividend payout ratio of 45.33% . WIPRO
DIGITAL
TO
ACQUIRE
UX
DESIGN
FIRM
COOPER
-
Wipro
Limited announced that its digital business unit, Wipro Digital has signed a definitive agreement to acquire Cooper, an award-winning design and business strategy consultancy . Wipro Digital is a leading global information technology, consulting and business process services company, while Cooper is a leader in UX and interaction design. The acquisition will expand Designit’s capabilities. The acquisition is subject to customary closing conditions and is expected to be closed in the third quarter of fiscal 2017-18. Meanwhile, the stock was trading lower by 0.21% at Rs 282 per share on BSE at 0916 hours. The stock has attracted a total traded volume of Rs 9,320 shares and traded value of Rs 26.35 lakh on NSE at 0916 hours. Its 52-week high stood at Rs 303.40 as on September 11, 2017 and 52-week low at Rs 204.05 as on November 09, 2016. PARAG MILK GAINS BY OVER 3% ON HIKE OF FII INVESTMENT LIMIT - RBI has raised the FPI investment limit in Parag Milk Foods to 40% from 24% earlier. The stock is currently trading at Rs 261.9, up by Rs 5.5 or 2.15% from its previous closing of Rs 256.4 on the NSE. The scrip opened at Rs 265 and has touched a high and low of Rs 265 and Rs 261.6, respectively. So far 1.43 lakh shares were traded on the counter. The stock is currently trading above its 50 DMA. Dairy product manufacturers have been surging on the bourses on reports that these companies have slashed milk procurement prices by 11% in the past two months due to a supply glut. Dairies expect the cut in procurement prices to be a short-term phenomenon and therefore, have not passed the price cut to the consumers, reports added. Meanwhile, Nifty opened at 9,927 level, up by 13 points while Sensex opened at 31,725 level, up by 54 points. 9,990 is a key resistance level for the Nifty50 index. On the downside, supports are seen at 9,880 and 9,850.
PIRAMAL FINANCE SANCTIONS RS 280 CR TO PURANIK BUILDERS - Piramal Enterprises Limited, through its subsidiary Piramal Finance Limited (PFL), announced a Rs 280 crore sanction to Puranik Builders for one of its flagship projects in Thane - “Puranik City Reserva”. Piramal Finance, through its entire suite of products, is following a ‘financial partnership’ model, by extending holistic solutions to developers. Within the Real Estate space, PFL is uniquely capable of catering to the entire capital stack – right from early stage equity to late-stage debt, construction finance, lease rental discounting as well as bulk buying apartments – and is therefore, able to act as a perpetual provider of capital for its preferred relationships. Khushru Jijina, Managing Director, Piramal Finance & Managing Director, Piramal Housing Finance, said “I am pleased to mark what we hope will be a long and rich relationship with the Puranik Group, that has a demonstrated track record of execution in the Thane micro market. We look forward to enabling the growth of the Group with our offerings across both the wholesale as well as retail business.” Puranik City Reserva, a unique theme based ongoing project at Ghodbunder Road, being developed on 13 acres of land with 2.2 mn sq.ft. development potential worth Rs.2000 crores approximately, is to be completed over the next 6 to 7 yrs. The project has received a good response during its launch a couple of months back, and the construction on-site, is in full swing. Puranik Builders has so far developed over 5 Mn sq.ft. of real estate and is currently developing around 15 Mn sq.ft. in Thane, Pune, Lonavala, Karjat and Mumbai suburbs . ASHOKA BUILDCON GAINS POST RECEIPT OF ARBITRATION AWARD - Ashoka Buildcon has received arbitration award of Rs 124.30 crore for one of the project viz. Ahmednagar – Kamala Road State Highway under BOT scheme awarded by Government of India Public Works Department, the company announced through a BSE filing. The work was awarded to the company in the year 1999 with concession period of 16 years and 9 months including construction period of 3.5 years. Meanwhile on bourses, the stock gained 1.89% at Rs 197 per share on BSE at 1522 hours. The stock on NSE attracted a total traded quantity of 3,32,647 shares and a traded value of Rs 660.90 lakh. The company has been maintaining a dividend payout ratio of 45.38%. Ashoka Buildcon Limited is an India-based infrastructure development company. The Company is engaged in construction and maintenance of roads, and supporting services to land support-operation of toll roads and others. The Company operates through three segments: Construction and Contract related activities.
PIRAMAL FINANCE SANCTIONS RS 280 CR TO PURANIK BUILDERS - Piramal Enterprises Limited, through its subsidiary Piramal Finance Limited, announced a Rs 280 crore sanction to Puranik Builders for one of its flagship projects in Thane - “Puranik City Reserva”. Piramal Finance, through its entire suite of products, is following a ‘financial partnership’ model, by extending holistic solutions to developers. Within the Real Estate space, PFL is uniquely capable of catering to the entire capital stack – right from early stage equity to late-stage debt, construction finance, lease rental discounting as well as bulk buying apartments – and is therefore, able to act as a perpetual provider of capital for its preferred relationships. Khushru Jijina, Managing Director, Piramal Finance & Managing Director, Piramal Housing Finance, said “I am pleased to mark what we hope will be a long and rich relationship with the Puranik Group, that has a demonstrated track record of execution in the Thane micro market. We look forward to enabling the growth of the Group with our offerings across both the wholesale as well as retail business.” Puranik City Reserva, a unique theme based ongoing project at Ghodbunder Road, being developed on 13 acres of land with 2.2 mn sq.ft. development potential worth Rs.2000 crores approximately, is to be completed over the next 6 to 7 yrs. The project has received a good response during its launch a couple of months back, and the construction on-site, is in full swing. Puranik Builders has so far developed over 5 Mn sq.ft. of real estate and is currently developing around 15 Mn sq.ft. in Thane, Pune, Lonavala, Karjat and Mumbai suburbs. COPPER, NICKEL RISE ON SPOT DEMAND - Base metals prices gained on Friday’s trade buoyed by global cues and spot demand. At MCX, copper for delivery in November rose by 75 paise or 0.17% to Rs 444.40 per kg in a business turnover of 44 lots. The metal for delivery in far-month February also was up by 70 paise or 0.16% to Rs 440.30 per kg in a business volume of 1,925 lots. Globally, copper for delivery in three months ended 2.7% higher at USD 6,700 per tonne at the LME in Thursday’s trade. Nickel prices rose by 0.79% to Rs 702 per kg in futures trade on Friday as market participants widened positions, driven by pick-up in demand at the domestic spot markets and a firm trend overseas. In futures trading at the Multi Commodity Exchange, nickel for delivery in November was trading higher by Rs 5.50, or 0.79%, to Rs 702 per kg in a business turnover of 13 lots. Similarly, the metal for delivery in October was trading higher by Rs 5.20, or 0.75%, to Rs 695.50 per kg in 13 lots.
TATA COMMUNICATIONS PARTNERS WITH MOTORSPORT.TV - The shares of Tata Communications advanced by nearly 1% during Friday’s trading session after the company announced that it has partnered with Motorsport.tv to power the international growth of the network’s internet television platforms. Tata Communications will harness its global reach, media capabilities and motorsports expertise to bring the latest updates from major motorsport events seamlessly to Motorsport.tv viewers around the world. The company will become Motorsport Network’s CDN the platform that will deliver video content globally to any device, anywhere, anytime. The company’s video and CDN capabilities are underpinned by its global superfast network, which ensures a high-quality viewing experience for motorsport fans around the world, whether they are watching the action on a mobile phone, tablet or TV. The stock was trading up by 0.79% at Rs 703 per share on BSE at 0918 hours. The stock opened at Rs 700 per share. The stock touched its intraday high and low at Rs 704.45 per share and Rs 700 per share, respectively. The stock has attracted total traded volume of 13,404 shares and traded value of Rs 94.36 lakh on NSE at 0918 hours. Its 52-week high stood at Rs 783.90 as on March 17, 2017 and 52-week low at Rs 532.35 as on November 09, 2016.
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