Equity Research Report 10 July 2017 Ways2Capital

Page 1


TECHNICAL VIEW (NIFTY- BANK NIFTY FUTURES ) NIFTY DAILY

WEEKLY

MONTHLY

R2

R1

PP

S1

S2

9944

9847

9798

9750

9653

R2

R1

PP

S1

S2

10194

9913

9772

9631

9350

R2

R1

PP

S1

S2

10593

10012

9722

9432

8851

R2

R1

PP

S1

S2

24138

23818

23658

23498

23178

R2

R1

PP

S1

S2

24469

23901

23617

23333

22765

R2

R1

PP

S1

S2

25380

24129

23503

22878

21626

BANK NIFTY DAILY

WEEKLY

MONTHLY

MOVING AVERAGE

21 DAYS

50 DAYS

100 DAYS

200 DAYS

NIFTY

9616

9542

9305

8859

BANK NIFTY

23460

23182

22198

20640

PARABOLIC SAR

DAILY

WEEKLY

MONTHLY

NIFTY

9458

9366

9310

23032

22473

22275

BANK NIFTY

Monday, 10 July 2017


PATTERN FORMATION ( NIFTY )

Detail of Chart - Nifty trend shows upward direction. In bollinger band it break upper band if it is break the level of 9830 it can move further in upward direction.


PATTERN FORMATION ( BANK NIFTY )

Detail of Chart - Bank nifty moves in uptrend. Bollinger band and psar also indicate that it moves upward.if its break level of 23760 it moves further in upward direction..


NSE EQUITY DAILY LEVELS COMPANY NAME

R2

R1

PP

S1

S2

ACC ALBK

EQ EQ

1740 71.90

1715 71.15

1675 70.30

1650 69.55

1610 68.70

AMBUJACEM ASIAN PAINT AXISBANK BAJAJ-AUTO BANKBARODA BANKINDIA BHEL BHARTIARTL CIPLA COALINDIA DLF DRREDDY 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 SSLT( VEDL) SUNPHARMA TATAMOTORS TATAPOWER TATASTEEL UNIONBANK ALBK AMBUJACEM ASIAN PAINT AXISBANK BAJAJ-AUTO BANKBARODA BANKINDIA

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 EQ EQ EQ EQ EQ EQ

262.60 1144 512 2833 165 148 142.25 404.80 404.75 258 203.45 2747 1279. 859 1654 1689 3801 204 1157 292.55 335 1590 985 142.45 967 1762 1401 69926 7511 168.85 152.50 24.80 661 1537 517.60 44.75 288 263 570 601 84.50 564 157.50 71.90 262.60 1144 512 2833 165 148

260.85 1137 508 2804 163 146 141.40 400.25 400.25 256 201.95 2720 1271 855 1644 1683 3773 202 1142 291.40 331 1583 979 140.85 960 1753 1391 69468 7488 166.95 150.75 24.55 656 1521 514.10 44.35 287 260 566 531 83.75 560 156.05 71.15 260.85 1137 508 2804 163 146

258.40 1130 506 2789 162 143 140.60 397.75 397.75 254 200.15 2694 1263 850 1638 1675 3748 200 1123 290 329 1572 975 139.25 956 1747 1386 69134 7461 164 147.90 24.30 650 1509 511.10 43.90 285 259 563 493 83.25 557 153.20 70.30 258.40 1130 506 2789 162 143

256.60 1124 503 2760 160 141 139.75 393.25 393.25 252 198.60 2667 1255 847 1628 1669 3720 199 1109 288.85 325 1565 969 137.65 949 1737 1376 68676 7438 162.10 146.20 24.05 646 1494 507.60 43.50 283 257 559 423 82.50 554 151.75 69.55 256.60 1124 503 2760 160 141

254.20 1117 501 2745 159 139 138.85 390.75 390.75 251 196.75 2641 1248.3 842 1622 1661 3695 197 1090 287.45 323 1554 965 136.05 944 1731 1371 68342 7411 159.15 143.35 23.80 639 1482 504.60 43.05 281 255 556 386 82.10 551 148.90 68.70 254.20 1117 501 2745 159 139


TOP 15 ACHIEVERS SR.NO

SCRIPT NAME

//

TOP 15 LOOSERS PREV CLOSE

PREV CLOSE

CMP

% CHANGE

+7%

1

SHRIRAM CITY

2549.80

2308.55 -9.46%

SR.NO

SCRIPT NAME

CMP

% CHANGE

1

ACC

1594.75

1706

2

TATA MOTORS

431.75

461.20

+6.82%

2

ELECTROTHERM

271.30

249.05

-8.02%

3

BHARTI AIRTEL

376.30

396.30

+5.315

3

ARCHDPLY

113.05

104.10

-7.92%

4

LUPIN LTD

1139.05 +5.08%

4

CHAMBEL FERTI

136.95

126.80

-7.41%

5

RELIANCE IND

1442.65

1509.30

+4.62%

5

PAGE INDUST

17782

16589

-6.71%

6

SBI

274.90

286.85

+4.35%

6

ADLABS ENTER

76.75

71.95

-6.25%

7

BHARTIINFRATEL

403.05

420.75

+4.39%

7

BLS INTERNAT

214.65

201.50

-6.13%

8

IBULHSGFIN

1060.90

1106.50 +4.30%

8

UNYPLY LTD

316.5

296.95

-6.04%

9

INDUSIND BANK

1516.35

1578.45

+4.10%

9

IDFC LTD

60.45

57.50

-4.88%

2356

2450

+3.99%

10

GMRINFRA

18.90

18

-4.76%

1084

10

TCS

11

BHART PETROL

662.10

685.50

+3.53%

11

PUNJ LIOYD

21.05

20.05

-4.75

12

L AND T

1695.30

1749.20 +3.18%

12

JSW ENERGY

67.75

64.90

-4.21%

13

NTPC

163.70

+2.96%

13

AJANTAPHARMA

1537.50

1476

-4.00%

14

HINDUNILVR

1096.70

1126.95 +2.76%

14

LIC HOUSING

752.80

725.35

-3.65%

15

TECHM,

377.15

387.05

15

AMTEK AUTO

31.95

30.85

-34%

159

+2.65%

8 7 6 6 4 4 3


NSE - WEEKLY NEWS LETTERS ✍ TOP NEWS OF THE WEEK SOUTH INDIAN BANK The shareholders of South Indian Bank approved raising Rs 500 crore debt on private placement basis. WIPRO CONSUMER CARE AND LIGHTING Wipro Consumer Care and Lighting announced that it has shut down Mysuru’s lighting manufacturing unit because of the sharp downfall in the demand for CFL products as well as the increase in the consumer preference for the LED products. ITC LTD ITC Ltd is looking to enter healthcare segment and set up multi-speciality hospitals. CESC LTD - CESC Ltd is awarded the electricity distribution franchise for Bikaner in Rajasthan through competitive bidding. TATA CHEMICALS LTD - TCL is setting up two facilities in Andhra Pradesh and Gujarat to manufacture soluble dietary fibres and silica with an investment of Rs5.65bn. MAHINDRA & MAHINDRA - Mahindra & Mahindra plans to invest Rs15bn in its Nashik and Igatpuri facility in the state of Maharashtra to prepare for the introduction of new project "U321". DR REDDY'S LABORATORIES LTD Dr Reddy's Laboratories Ltd has announced the expansion of its commercial operations in Europe with the introduction of its portfolio of generics in France. AUROBINDO PHARMA Aurobindo Pharma was looking to set up a manufacturing facility for injectable products in the United States, days after President Donald Trump called on pharmaceutical companies to make more drugs locally. IDBI BANK Idbi bank reported that its gross non-performing assets (NPAs) of Rs 24,875 crore in FY16 were lower than the Reserve Bank's estimate of Rs 31,691 crore. RELIANCE INDUSTRIES LTD Reliance Industries Ltd The government gave green signal to Reliance Industries Ltd for expansion of its petrochemical complex in Gujarat, entailing an investment of Rs 2,100 crore. Near Hazira in Surat district INDUSIND BANK IndusInd Bank has reported an increase of 26.5 per cent in net profit at Rs 836.55 crore in the first quarter of the current fiscal. The bank’s net profit in the corresponding April-June quarter of 2016-17 stood at Rs 661.38 crore. Total income of the lender rose by 21.5 per cent to Rs 5,302.77 crore as against Rs 4,363.57 crore in the year-ago period, MINDTREE Mindtree has built up an impressive digital practice over the past few years. Digital business is scaling up nicely with wins of large integrated digital transformational programs TATA GLOBAL BEVERAGES Tata Global Beverages has decided to sell its stake in various Tata Group listed companies to its parent, Tata Sons..


BAJAJ ELECTRICALS Bajaj Electricals acquires 28% stake in Starlite Lightning GATI, AND TVS - Gati, and TVS Logistics have shown interest to acquire Vulcan Express, the logistics arm of Snapdeal. AXIS BANK Axis Bank has emerged as the frontrunner to acquire FreeCharge. The digital payment platform owned by Snapdeal, reported a national business daily.

� TOP ECONOMY NEWS

The Uttar Pradesh state government has granted Rs 300 crore for Pandit Deendayal Upadhyaya Urban Development Scheme.

The government raised the import duty on sugar to 50% from 40% to discourage dumping of cheaper supplies from abroad and as local prices stabilise after a spike earlier this marketing year.

The cumulative market valuation of all the listed companies on BSE hit its record high of Rs 130 lakh crore, pulled up by the strong gains in the broader markets.

In order to guard the domestic steel industry against cheap imports coming from China, the government is likely to impose countervailing duty of 18.95% on imports of some particular type of steel products.

Foreign investors during the period between January-June 2017 (H12017) have pumped in USD 23 billion into the Indian capital markets. The inflow was due to several factors, including expectations of an accelerated pace of reforms.

Whereas in the first half of 2016, FPIs had pumped in around USD 1.2 billion or Rs 7,600 crore.

The provisional figures for Direct Tax collections up to June 2017 showed that net collections stood at Rs 1.42 lakh crore, which was 14.8% higher than the net collections for the corresponding period in 2016

Foreign exchange reserve of India soared to USD 4 billion to reach a record high of USD 386.5 billion for the week ended on June 30, RBI said in a release.


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