Weekly Newsletter-Equity 06 -May-2013
EQUITY ANALYSIS - WEEKLY
Weekly Newsletter Contents Market Wrap Market Performance NSE Gainers NSE Losers Volume Toppers World Indices Indian Equity Market Technical Analysis Nifty Spot Bank Nifty Future
MARKET WRAP Nifty and Sensex were closed green; up 1.24%, 1.50% resp. this week. Trade Balance -38.8B and US Unemployment claim at 342K. Euro & U.S markets were green; while Asian markets were mixed last week.
equity markets ended green on Friday; on this week the Sensex and Nifty
were in bullish trend. Major sector which were up like Telecom Sector, Auto Sector, pharmaceuticals Sector and Top gainer are Hindustan unilever (up 23.08%), Shasun Pharma (up15.23), %, Hcl Tec. (up 9.647%), M&M (up 8.01%),Infosys(up 4.34%) Reliance Infra (up 6.69%) and Sesa Goa (up 5.54%). Technically Nifty may expected to up from this point or a short term range bound movement this week; Nifty this week may range 5700-6140.
The Reserve Bank of India in its Monetary Policy meet today has cut the repo rate by 25 bps to 7.25%. It has, however, left CRR unchanged at 4. Unilever to up stake in HUL from 52.48% to 75%. Unilever PLC announced a voluntary open offer to increase its stake in Hindustan Unilever (HUL), its publicly listed subsidiary in India, from 52.48% to up to 75% at a price of Rs 600 per share. Oil & Natural Gas Corporation (ONGC) led group of Indian oil companies along with global energy giant Shell have emerged as the top contenders for the 20% stake in the Mozambique gas block. Govt clears IKEA's Rs 105bn FDI proposal.
The S&P 500 advanced to all-time closing highs on Friday, with major indexes jumping 1 percent after an unexpectedly strong April jobs report eased concerns about an economic slowdown. The major world indices showed this week a bullish trend, with the Dow Jones up nearly by 1.78 percent, and the Nasdaq Composite Index gained 3.03 percent to end at 3378.63 this week. The rupee weakened on Friday as the RBI disappointed markets with a hawkish tone in its annual monetary policy, closed at 53.935/945.
MARKET PERFORMANCE NSE GAINERS COMPANY NAME
Birla Power Solution
Global Offshore Serv
Volume in (‘000s)
NSE LOSERS COMPANY NAME
VOLUME TOPPERS COMPANY NAME
SECTORIAL INDICES Indices
INDIAN EQUITY MARKET INDICES
TECHNICAL VIEW NIFTY WEEKLY PIVOT INDICES NIFTY
OUTLOOK Trend: - Bullish Resistance: - 6300, 6140 Support: - 5840, 5700 Strategy: - Buy On Dips
BANK NIFTY WEEKLY PIVOT SCRIPT
BANK NIFTY 13706 13290 12874 12605 12458 12189 12042 11626 11210
OUTLOOK Trend: - Bullish Resistance: - 12990, 12775 Support: - 12040, 11800 Strategy: - Buy On Dips BANK NIFTY WEEKLY
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. TheEquicom recommends that investors independently evaluate particular investments and strategies, and encourages investors to seek the advice of a financial adviser. TheEquicom 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 TheEquicom 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. TheEquicom 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.
Traders are always search for the unique and accurate source to trade successfully in market, equity newsletter is the destination which pro...