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WEEKLY REPORT

61.34 61.34

11TH NOVEMBER–15TH NOVEMBER

Trade House 426 Alok Nagar, Kanadia Main Road Near Bangali Square Indore-452001 (M.P.) India Mobile :+91-9039261444

11TH NOV - 15TH NOV

E-mail: info@tradenivesh.in


WEEKLY REPORT INDIAN MARKETS INDICES

VALUE

INDIAN SECTORIAL INDICES

CHANGE (weekly)

NIFTY500

9,683.30

-0.24%

NIFTY NEXT 50

28,387.25

-1.02%

NIFTY MID100

16,713.35

-0.92%

NIFTY IT

15,383.30

-0.64%

NIFTY 100

12,044.85

-0.08%

NIFTY BANK

30,749.40

1.27%

NIFTY REALTY

281.05

3.82%

NIFTY INFRA

3,254.60

-1.49%

NIFTY ENERGY

15,911.00

-2.93%

NIFTY MIDCAP 50

4,595.65

-1.31%

NIFTY

11908.2

17.6

0.15%

SENSEX

40323.61

158.58

0.39%

BANK NIFTY

30749.4

418.9

1.38%

Sensex closed 330.13 points or 0.81% in the red at 40323.61, and the Nifty closed 103.80 points lower or 0.86% at 11908.20. YES Bank, IndusInd Bank and ICICI Bank were the top gainers while Sun Pharma, Vedanta and ONGC were the top drags. On the economy front, Moody’s downgraded India’s rating to negative from stable, noting slowdown in the economy. FPIs bought equities worth USD 782 million over the past five trading sessions while DIIs sold USD 563 million worth of equities in the same period. Market sentiment is positive but valuations of large caps are almost fair.

11TH NOV - 15TH NOV

% CHANGE (weekly)

INDICES

MARKET SUMMARY 

CHANGE (weekly)

% CHANGE (weekly)


WEEKLY REPORT MOVERS & SHAKERS LAST WEEK GLOBAL INDICES WEEKLY

Losers of the Week Symbol Titan Company Hind. Petrol Zee Entertainment En Indian Oil Corp

CMP

United States

% change

1,156.75

-11.15

293.95

-8.41

287.5

-7.11

134.05

-6.03

DJIA

S&P 500

NASDAQ

27,681.24 (1.22%)

3,093.08 (0.85%)

8,475.31(1.06%)

European CAC 40

DAX

FTSE 100

5889.7(2.22%)

13,228.56 (2.06%)

7,359.38(0.78%)

Asian NIKKEI

HANG SENG

SHANGHAI COM.

23,391.87 (2.37%)

27,651.14 (2.03%)

2,964.18 (0.20%)

Gainers of the Week Symbol Bharti Infratel Ltd.

CMP

% change

218.3

7.83

ICICI Bank

489.45

5.88

JSW Steel

250

5.22

Hindalco Indus.

203.85

11TH NOV - 15TH NOV

5.21

INDIAN CURRENCY WEEKLY USD-INR

EUR-INR

GBP-INR

JPY-INR

USD INDEX

71.38 (0.96%)

78.65 (-0.62%)

91.18 (-0.36%)

65.33 (-0.02%)

98.218 (1.24%)


WEEKLY REPORT NIFTY WEEKLY OUTLOOK WEEKLY

WEEKLY

R3

12,331.68

R2

12,147.78

R1

12,042.67

Pivot

11,963.88

S1

11,858.77

S2

11,779.98

S3

11,596.08

CLOSE

11937.55

OPEN

11950.30

HIGH

12069.00

LOW

11885.10

CHANGE

2.55

% CHANGE

0.02%

TECHNICAL VIEW NIFTY FUTURE NIFTY FUTURE: ITS UP TREND AND IN WEEKLY CHARTS A ROUNDING BOTTOM BREAKOUT GIVES UPPER SIDE RESITANCE LEVEL 12000 AND DOWN SIDE MAJORS SUPPORT LEVEL 11500 THE RANGE BETWEEN 12250-11500, AND IN DAILY CHARTS FLAG PATTERN BREAKOUT 11800, RSI GIVES BUY SIGNALS BUY NIFTY IN FUTURE ABOVE 12000 TGT 12400/12900 SL BELOW 11470

11TH NOV - 15TH NOV


WEEKLY REPORT NIFTY BANK WEEKLY OUTLOOK WEEKLY

WEEKLY

R3

32,733.70

R2

31,689.80

CLOSE

30784.20

OPEN

30422.70

HIGH

31098.70

LOW

30054.80

R1

31,237.00

Pivot

30,645.90

S1

30,193.10

S2

29,602.00

CHANGE

376.2

S3

28,558.10

% CHANGE

1.24%

TECHNICAL VIEW BANK NIFTY : ITS UP TREND AND IN WEEKLY CHARTS DOUBLE BOTTOM PATTERN FOMRED BREAKOUT GIVEN AND IN DAILY CHARTS BULLISH FLAGS PATTREN IS FORMED BREAKOUT GIVEN AND UPPER RESISTANCE LEVEL 31000 IN DOWN SIDE MAJOR SUPPORT LEVEL IS 30000 , BULLISH TREND REMAIN CONTIONOUS ,RSI GIVES BUY SIGNALS. BUY BANK NIFTY IN FUTRE ABOVE 30800 TGT 31400/32000 SL BELOW 29900 .

11TH NOV - 15TH NOV


WEEKLY REPORT WEEKLY RECOMMENDATIONS YESBANK FUTURE BUY WEEKLY

WEEKLY

R3

97.60

R2

82.00

R1

75.95

Pivot

66.40

S1

60.35

S2

50.80

S3

35.20

CLOSE

69.90

OPEN

59.85

HIGH

72.45

LOW

56.85

CHANGE

3.8

% CHANGE

5.75%

TECHNICAL VIEW YESBANK FUTURE : IN STRONG UP TREND AND IN WEEKLY CHARTS BULLISH WIDE RANGE PATTERN AND ROUNDING BOTTOM PATTERN IS FORMED BREAKOUT LEVEL 72 FORMED AND DAILY CHARTS RANGE BREAKOUT GIVES AND UPPER SIDE STRONGE RESISTANCE BREAKOUT LEVEL 72. AND Stochastic ALSO GIVES BUY SINGNALS. BUY YESBANK IN FUTURE ABOVE 70 TGT 74.50/80 SL BELOW 64

11TH NOV - 15TH NOV


WEEKLY REPORT WEEKLY RECOMMENDATIONS AXISBANK FUTURE BUY WEEKLY

WEEKLY

R3

799.42

CLOSE

728.50

R2

768.27

OPEN

757.00

R1

748.38

HIGH

757.00

LOW

725.85

Pivot

737.12

S1

717.23

S2

705.97

S3

674.82

CHANGE

-21.1

% CHANGE

-2.81%

AXISBANK FUTURE AXISBANK FUTURE :IN WEEKLY CHARTS BULLISH DARK CLOUD COVER BEARISH REVERSAL CANDELSTRICK PATTERN FORMED AND DAILY CHARTS DOUBLE TOP BREAKOUT GIVEN AND DOWN SIDES STRONGE SUPPORT LEVEL BREAKOUT LEVEL 725 . AND Stochastic ALSO GIVES SELL SINGNALS. SELL AXISBANK IN FUTURE BELOW TGT 725 TGT 711/690 SL BELOW 740

11TH NOV - 15TH NOV


WEEKLY REPORT OUR WEEKLY RECOMMENDATIONS

YESBANK

WEEKLY

LTD WEEKLY

R3

96.63

CLOSE

69.65

R2

81.48

OPEN

57.25

R1

75.57

HIGH

72.25

Pivot

66.33

LOW

57.10

S1

60.42

S2

CHANGE 51.18

3.55

% CHANGE

5.37%

S3

36.03

TECHNICAL VIEW YESBANK LTD :IN STRONG UP TREND AND IN WEEKLY CHARTS BULLISH WIDE RANGE PATTERN AND ROUNDING BOTTOM PATTERN IS FORMED BREAKOUT LEVEL 72 FORMED AND DAILY CHARTS RANGE BREAKOUT GIVES AND UPPER SIDE STRONGE RESISTANCE BREAKOUT LEVEL 72. AND Stochastic ALSO GIVES BUY SINGNALS. BUY YESBANK IN CASH ABOVE 70 TGT 74.50/80 SL BELOW 64

11TH NOV - 15TH NOV


WEEKLY REPORT WEEKLY RECOMMENDATIONS WOCKPHARMA LTD (CASH) WEEKLY

WEEKLY

R3

350.70

R2

322.20

R1

304.10

Pivot

293.70

S1

275.60

S2

265.20

S3

236.70

CLOSE

286.00

OPEN

289.30

HIGH

311.80

LOW

283.30

CHANGE

-1

% CHANGE

-0.35%

TECHNICAL VIEW WOCKPHARMA LTD : IN WEEKLY CHARTS IS THE UP TREND IS REVERSE FORMED UPPER RESISTANCE LEVEL 310 AND SHOOTING STAR IS FORMED A REVERSE CANDELSTRICK PATTERN FOMRED AND MAJOR SUPPORT LEVEL 280, AND Stochastic ALSO GIVES SELL SINGNALS. SELL WOCKPHARMA IN CASH BELOW 285 TGT 276/263 SL ABOVE 298

11TH NOV - 15TH NOV


WEEKLY REPORT STOCKS IN NEWS 

Ashok Leyland Q2: Net profit went down 92.6 percent at Rs 38.9 crore against Rs 527.7 crore YoY. Revenue fell 48.4 percent at Rs 3,929.5 crore against Rs 7,621.1 crore YoY. EBITDA sent down 72.4 percent at Rs 228.6 crore against Rs 829.1 crore YoY.

Magma Fincorp Q2: Consolidated net profit went down 61.4 percent at Rs 29.5 crore against Rs 76.6 crore YoY. Consolidated revenue grew 6.4 percent at Rs 663 crore against Rs 622.6 crore YoY.

Novartis India Q2: Net loss at Rs 5.2 crore against Rs 9.4 crore YoY. Revenue went up 10.5 percent at Rs 118 crore against Rs 106.6 crore YoY.

Aditya Birla Capital Q2: Net profit went up 37 percent at Rs 256 crore against Rs 186 crore YoY. Revenue went up 8 percent at Rs 4,299 crore against Rs 3,978 crore YoY.

Moody's cuts outlook on 6 Indian financial companies: Moody's cuts outlook on 6 Indian financial companies to nega-

tive from stable: Moody's revised outlook of EXIM India, HDFC Bank, HUDCO and State Bank of India to negative. Outlook on Bank of India, Canara Bank, Syndicate Bank and Union Bank maintained at stable. Eicher Motors Q2 net profit jumps 18.5% YoY to Rs 570.5 crore=Eicher Motors posted an 18.5 percent year-on-year jump in its second quarter (July-September) net profit at Rs 570.5 crore. Revenue fell 9.2 percent to Rs 2,181.9 crore. Earnings before interest, tax, depreciation and amortisation (EBITDA) fell 25.8 percent to Rs 546.1 crore, while EBITDA margin dipped 550 bps to 25.1 percent. 

11TH NOV - 15TH NOV


WEEKLY REPORT WEEKLY PIVOT TABLE

11TH NOV - 15TH NOV


WEEKLY REPORT DISCLAIMER This document is solely for the personal information of the recipient, and must not be singularly used as the basis of any investment decision. Nothing in this document should be construed as investment or financial advice. Each recipient of this document should make such investigations as they deem necessary to arrive at an independent evaluation of an investment in the securities of the companies referred to in this document including the merits and risks involved, and should consult their own advisors to determine the merits and risks of such an investment.

Reports based on technical and derivative analysis center on studying charts of a stock's price movement, outstanding positions and trading volume. The information in this document has been printed on the basis of publicly available information, internal data and other reliable sources believed to be true, but we do not represent that it is accurate or complete and it should not be relied on as such, as this document is for general guidance only. Trade Nivesh shall not be in any way responsible for any loss or damage that may arise to any person from any inadvertent error in the information contained in this report. Trade Nivesh has not independently verified all the information contained within this document. Accordingly, we cannot testify, nor make any representation or warranty, express or implied, to the accuracy, contents or data contained within this document. While Trade Nivesh endeavors to update on a reasonable basis the information discussed in this material, there may be regulatory, compliance, or other reasons that prevent us from doing so.

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11TH NOV - 15TH NOV

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