Issuu on Google+

Weekly Newsletter Newsletter-Equity 04/10/2010

www.Capitalheight.com Capitalheight.com


info@capitalheight.com Phone- (0731)4295950

Weekly Newsletter Contents Market Wrap Market Performance NSE Gainers NSE Losers NIFTY Five 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 equity markets rally 2% this week extending gains for 5th consecutive week. Food price index rises to 16.44% & Fuel index was down at 10.73% vs. 11.48%. Global markets ended mixed with Asian markets in green and DJIA ended in red.

Indian markets extended the gains for fifth consecutive week led by spurt in buying on the expiry and huge FIIs inflow seen at 6000 level. Indian markets recorded the highest ever volume turnover standing at Rs. 2, 36,128.71 Crore. Nifty added 125 pts or 2.08% to settle at 6143 after hitting a new 32 month high of 6153 while Sensex surged 399 pts or 2% ending at 20445. Bank nifty made a new all time high of 12619.80 and settled at 12596.50. In sectoral space, major gainers were metal, auto and realty sectors.

India’s food inflation in the year till Sep 18 accelerated to 16.44% vs. 16.46% in last week while fuel price inflation rose to 0.73%, slower than previous week’s 11.48%. India’s fiscal deficit from Apr-Aug was at a 3 month high of Rs. 1.51 trillion. With this India’s August exports were up 22.55% at USD 16.64 Bn while imports for the month rose 32.205 to USD 29.70 Bn. ADB forecasts India to grow 8.7% in FY11 vs. 8.5% this year.

Global markets ended mixed on weekly basis due to mixed bag of data from major economies. The Euro economy saw unemployment rate higher at 10.1% while GBP manufacturing PMI came down at 53.4 vs. 53.7. The US unemployment rate came down at 453K vs. 469K & ISM manufacturing PMI was unchanged. The inflation expectation data was at 2.2%, suggesting more fed easing. With this, Dow Jones recovered in the end to lose 30 pts ending at 10,829. Asian markets ended in green due to stronger than expected revival in Chinese manufacturing PMI. www.capitalheight.com


info@capitalheight.com Phone- (0731)4295950

MARKET PERFORMANCE NSE GAINERS Company Name

Current(Rs.)

Prev. Close (Rs.)

Change (Rs.)

Change (%)

Parenteral Drugs Orchid Chemicals DCM PNB Gilts STI India

296.20 267.30 132.55 45.25 19.55

224.20 212.95 107.20 36.75 16.05

72.00 54.35 25.35 8.50 3.50

32.11 25.52 23.65 23.13 21.81

Company Name

Current(Rs.)

Prev. Close (Rs.)

Change (Rs.)

Change (%)

Mangalam Timber Times Guaranty Gallantt Metal Andhra Pradesh Jupiter Bioscience

24.15 63.10 33.25 189.55 91.10

32.60 77.95 39.85 224.30 107.20

-8.45 -14.85 -6.60 -34.75 -16.10

-25.92 -19.05 -16.56 -15.49 -15.02

NSE LOSERS

NIFTY - 5 DAYS UP Company Name

Current(Rs.)

Prev. Close (Rs.)

5 Days ago (Rs.)

5 Days Return (%)

SAIl Siemens BHEL Jindal Steel Axis Bank Ltd

223.55 834.35 2590.70 731.85 1574.85

206.90 785.50 2467.60 699.10 1507.15

16.65 48.85 123.10 32.75 67.70

8.05 6.22 4.99 4.68 4.49

www.capitalheight.com


info@capitalheight.com Phone- (0731)4295950

WORLD INDICES Indices

Country

Date

Index

Net Change

Change (%)

Hang Seng

Hong Kong

30-Sep-10

22,358.17

238.74

1.08

Jakarta Composite

Indonesia

01-Oct-10

3,547.11

152.71

4.50

Nikkei 225

Japan

01-Oct-10

9,404.23

-67.44

-0.71

Malaysia

01-Oct-10

1,466.32

15.13

1.04

Singapore

01-Oct-10

3,130.90

38.22

1.24

South Korea

01-Oct-10

1,876.73

30.13

1.63

FTSE 100

United Kingdom

01-Oct-10

5,592.90

-5.58

-0.10

Nasdaq

United States

02-Oct-10

2,370.75

-10.47

-0.44

DJIA

United States

02-Oct-10

10,829.68

-30.58

-0.28

S&P 500

United States

02-Oct-10

1,146.24

-2.43

-0.21

KLSE Composite Straits Times Seoul Composite

INDIAN EQUITY MARKET INDICES

VALUE

CHANGE

% CHANGE

NIFTY BANK NIFTY SENSEX

6,143.40 12,596.50 20,445.04

125.10 300.85 399.86

2.08 2.45 1.99

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

6655

6466

6276

6210

6087

6020

5897

5708

5518

OUTLOOK Trend:- Bullish Resistance:- 6270 270, 6350 Support:- 6040, 59 5910 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

13784

13345

12905

12751

12466

12311

12026

11586

11147

OUTLOOK Trend:- Bullish Resistance:- 12750 750, 12900 Support:- 12350,, 12180 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


Free Stock Tips | Stock Advisory | Commodity Tips