Page 1

Weekly Newsletter Newsletter-Equity 06/09/2010

Capitalheight.com


info@capitalheight.com Phone- (0731)4295950

Weekly Newsletter Contents Market Wrap Market Performance NSE Gainers NSE Losers NIFTY 5 Days Up World Indices Indian Equity Market Technical Analysis Nifty Spot Bank Nifty Future

www.capitalheight.com


info@capitalheight.com Phone- (0731)4295950

MARKET WRAP Indian markets ended up 1.20% this week, Nifty up 68 pts & Sensex up 158 pts. India’s Q1 GDP at 8.8% vs. 8.6% & at market price restated to 10.02% vs. 3.7%. Global markets surge 2% - 3% on best major economic data in last two weeks.

Indian equity markets ended up 1.20% this week with Nifty gaining 68 points to settle above 5450 at 5479 and Sensex surged 158 pts to end above 18K level at 18221. Nifty was positive mostly during the week but ended on negative basis. It touched weekly high of 5513 & support of 5350. Nifty junior and CNX midcap gained 2.2% - 2.8%. In pharmaceuticals, Ranbaxy gained 7% while Sun pharma was down 2.6%. Reliance Infra, Ambuja & ICICI surged 3% - 5%. In metals, Tata steel was up 6%.

India’s Q1 Gross Domestic Product came better than expected at 8.80% vs. 8.6%. Q1 GDP is also revised at 10.02% from 3.70% because of wrong calculations. Manufacturing sector jumped 12.4% while Farm sector expanded 2.80%. India’s exports rose for 9th straight month in July, grew at annual 13.2% to USD 16.24 bn & imports are up 34.30% at USD 29.17 bn. Food price inflation accelerated to 10.86% & fuel price inflation is up at 12.86% vs. 12.57%.

Global markets rallied this week due to better US & Europe economic data ending fears of double dip recession. It was best economic data posted in last two weeks. DJIA surged 297 pts ending at 10447 & S&P gained 39 pts and is at 1104. The US consumer confidence came better at 53.5, Non-farm employment is down at (-)54K vs. (-)101K, Pending home sales jumped to 5.2% vs. (-)1.3% & ISM manufacturing PMI is up at 56.3 vs. 53.2. European markets too ended higher with FTSE surging 226 pts settling at 5428 while DAX & CAC is up at 6134 & 3672 respectively. www.capitalheight.com


info@capitalheight.com Phone- (0731)4295950

MARKET PERFORMANCE NSE GAINERS Company Name

Current(Rs.)

Prev. Close (Rs.)

Change (Rs.)

Change (%)

Vindhya Telelinks EIH Associated Birla Ericsson Hercules Hoists Kesar Enterprises

352.40 209.05 23.25 343.65 73.80

235.45 143.65 16.40 258.45 56.00

116.95 65.40 6.85 85.20 17.80

49.67 45.53 41.77 32.97 31.79

Company Name

Current(Rs.)

Prev. Close (Rs.)

Change (Rs.)

Change (%)

Ramsarup Industries Harrisons Malayalam Blue Bird Bartronics India Asian Hotels

67.85 90.85 10.05 103.20 395.35

103.10 133.05 14.60 141.55 503.75

-35.25 -42.20 -4.55 -38.35 -108.40

-34.19 -31.72 -31.16 -27.09 -21.52

NSE LOSERS

NIFTY - 5 DAYS UP Company Name

Current(Rs.)

Prev. Close (Rs.)

5 Days ago (Rs.)

5 Days Return (%)

Suzlon Tata Steel Hindalco Airtel Sterlite

51.30 544.05 173.65 334.10 160.65

47.70 510.15 164.00 316.10 152.05

3.60 33.90 9.65 18.00 8.60

7.55 6.65 5.88 5.69 5.66

www.capitalheight.com


info@capitalheight.com Phone- (0731)4295950

WORLD INDICES Indices

Country

Date

Index

Net Change

Change (%)

Hang Seng

Hong Kong

03-Sep-10

20,971.50

374.15

1.82

Jakarta Composite

Indonesia

03-Sep-10

3,164.28

59.55

1.92

Nikkei 225

Japan

03-Sep-10

9,114.13

123.07

1.37

Malaysia

03-Sep-10

1,435.67

24.62

1.74

Singapore

03-Sep-10

3,002.56

63.82

2.17

South Korea

03-Sep-10

1,780.02

50.46

2.92

FTSE 100

United Kingdom

03-Sep-10

5,428.15

226.59

4.36

Nasdaq

United States

04-Sep-10

2,233.75

80.12

3.72

DJIA

United States

04-Sep-10

10,447.93

297.28

2.93

S&P 500

United States

04-Sep-10

1,104.51

39.92

3.75

KLSE Composite Straits Times Seoul Composite

INDIAN EQUITY MARKET INDICES

VALUE

CHANGE

% CHANGE

NIFTY BANK NIFTY SENSEX

5,479.40 10,977.70 18,221.43

70.70 236.00 223.02

1.31 2.20 1.24

www.capitalheight.com


info@capitalheight.com Phone- (0731)4295950

TECHNICAL VIEW NIFTY WEEKLY PIVOT INDICES

R4

R3

R2

R1

P

S1

S2

S3

S4

NIFTY

5943

5778

5612

5546

5447

5381

5282

5117

4952

OUTLOOK Trend:- Consolidate Resistance:- 5550 5550, 5675 Support:- 5350,, 55210 Strategy:- Buy on dips NIFTY WEEKLY

www.capitalheight.com


info@capitalheight.com Phone- (0731)4295950

BANK NIFTY WEEKLY PIVOT SCRIPT

R4

R3

R2

R1

P

S1

S2

S3

S4

BANK NIFTY

11940

11584

11229

11103

10873

10748

10518

10162

9807

OUTLOOK Trend:- Consolidate Resistance:- 11110 11110, 11230 Support:- 10630,, 10300 Strategy:- Buy on dips BANK NIFTY WEEKLY

www.capitalheight.com


info@capitalheight.com Phone- (0731)4295950

Disclaimer The information and views in this report, our website & all the service we provide are believed to be reliable, but we do not accept any responsibility (or liability) for errors of fact or opinion. Users have the right to choose the product/s that suits them the most. Sincere efforts have been made to present the right investment perspective. The information contained herein is based on analysis and up on sources that we consider reliable. This material is for personal information and based upon it & takes no responsibility The information given herein should be treated as only factor, while making investment decision. The report does not provide individually tailor-made investment advice. Capitalheight recommends that investors independently evaluate particular investments and strategies, and encourages investors to seek the advice of a financial adviser. Capitalheight shall not be responsible for any transaction conducted based on the information given in this report, which is in violation of rules and regulations of NSE and BSE. The share price projections shown are not necessarily indicative of future price performance. The information herein, together with all estimates and forecasts, can change without notice. Analyst or any person related to Capitalheight might be holding positions in the stocks recommended. It is understood that anyone who is browsing through the site has done so at his free will and does not read any views expressed as a recommendation for which either the site or its owners or anyone can be held responsible for . Any surfing and reading of the information is the acceptance of this disclaimer. All Rights Reserved. Investment in Commodity and equity market has its own risks. We, however, do not vouch for the accuracy or the completeness thereof. we are not responsible for any loss incurred whatsoever for any financial profits or loss which may arise from the recommendations above. Capitalheight does not purport to be an invitation or an offer to buy or sell any financial instrument. Our Clients (Paid Or Unpaid), Any third party or anyone else have no rights to forward or share our calls or SMS or Report or Any Information Provided by us to/with anyone which is received directly or indirectly by them. If found so then Serious Legal Actions can be taken.

www.capitalheight.com

Financial Advisory Company | NSE BSE Intraday Tips | MCX NCDEX Tips | Free Stock Tips  

CapitalHeight is a Financial advisory company provides online trading,NSE,BSE,MCX,NCDEX & intraday tips.We provide free commodity tips for c...

Read more
Read more
Similar to
Popular now
Just for you