Weekly Newsletter‐Equity
11 -Mar-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
www.theequicom.com +919200009266
MARKET WRAP
Nifty and Sensex were closed green; gained 3.96%, 4.04% resp. this week. ISM Non-Manufacturing PMI 56.0 and US Unemployment Claim at 340K. US & Euro markets were green; Asian markets were almost green last week.
Indian equity markets benchmark ended green on Friday; on this week the Sensex and Nifty were consolidate trend. Major sector which were down like IT Index (up 3.7%), Auto Index (up 2.4%) and Top gainers are Orchid Chem (up 33.8%), HCL Tech (up 7.1%), Wipro (up 5.4%), TCS (up 5.4%), Dishman Pharma (up 8.4%), Wockhardt (up 7%), Hindustan Motors (up 17.1%) and Tata Motors (up 5.3%). Technically Nifty may expected to up from this point or a short term range bound movement this week; Nifty this week may range 6350-5530.
After the Union Budget, this week was the best this calendar year with a rally witnessed across global markets. IIP and inflation could have a bearing on the RBI’s policy meeting. With the need to revive investment cycle, the RBI may consider growth over inflation. A repo rate cut of 25bps in the forthcoming monetary policy review is in the offing. The current account deficit is expected to stay at record high for the entire 2012-13, Country's current account deficit widened to a record high of 5.4% of GDP in the September.
The S&P 500 climbed for its sixth straight day, putting it less than 1% from an all-time closing high. S&P rose for its ninth positive week out of the last 10. The major world indices showed this week a positive trend, with the Dow Jones up nearly by 1.96 percent, and the Nasdaq Composite Index gained 2.28 percent to end at 3232.09The US dollar ended sharply cheaper against the rupee at 54.28/28 per dollar and the Pound Sterling also finished lower at Rs 81.58/60 per pound. The total foreign exchange reserves had declined by $ 1.60 billion to $ 291.92 billion in the previous reporting week.
www.theequicom.com +919200009266
MARKET PERFORMANCE
NSE GAINERS
COMPANY NAME
CURRENT
PREV. CLOSE(RS)
CANG.(RS)
CHAG.(%)
Kiri Industries
11.85
6.75
5.10
75.56
UB Engg.
28.75
19.15
9.60
50.13
La Opala R G
365.40
257.80
107.60
41.74
Orchid Chem. &Phar.
80.25
58.65
21.60
36.83
Murli Industries
9.45
7.00
2.45
35.00
CURRENT
PREV. CLOSE(RS)
CANG.(RS)
CHAG.(%)
Amar Remedies
17.30
26.05
-8.75
-33.59
Plethico Pharma.
128.50
184.85
-56.35
-30.48
Quintegra Solutions
0.80
1.15
-0.35
-30.43
Onelife Capital
283.50
386.60
-103.10
-26.67
PG Electroplast
139.75
190.50
-50.75
-26.64
NSE LOSERS COMPANY NAME
VOLUME TOPPERS COMPANY NAME
CURRENT
PREV. CLOSE(RS)
CHAG.(%)
Volume in (‘000s)
Unitech
27.55
27.35
0.73
36655.83
HDIL
69.25
67.45
2.67
29656.62
JP Associate
77.80
76.10
2.23
27135.53
NHPC
21.10
20.75
1.69
24434.89
Suzlon Energy
16.90
17.00
-0.59
19916.40
www.theequicom.com +919200009266
SECTORIAL INDICES Indices
Country
Date
Index
Net Change
Change (%)
Hang Seng
Hong Kong
11-Mar-2013
22771.44
-248.83
-1.08
Jakarta Composite
Indonesia
11-Mar-2013
4848.30
52.51
1.09
Nikkei 225
Japan
11-Mar-2013
11968.08
408.72
3.54
KLSE Composite
Malaysia
11-Mar-2013
1650.93
13.30
0.81
Seoul Composite
South Korea
11-Mar-2013
2004.40
0.36
0.02
Strait Times
Singapore
11-Mar-2013
3289.53
20.03
0.61
FTSE 100
United Kingdom
11-Mar-2013
6439.20
78.40
1.23
Nasdaq
United States
11-Mar-2013
3232.09
71.90
2.28
DJIA
United States
11-Mar-2013
14329.49
275.00
1.96
S&P 500
United States
11-Mar-2013
1544.26
29.58
1.95
INDIAN EQUITY MARKET INDICES
VALUE
CHANGE
% CHANGE
NIFTY
5,945.70
226.70
3.96
BANK NIFTY
12243.05
664.60
5.74
SENSEX
19,683.23
764.71
4.04
www.theequicom.com +919200009266
TECHNICAL VIEW NIFTY WEEKLY PIVOT INDICES NIFTY
R4 6720
R3 6431
R2 6142
R1 6044
P 5853
S1 5755
S2 5564
S3 5275
S4 4986
OUTLOOK Trend: ‐ Bullish
Resistance: ‐ 6150, 6350
Support: ‐5750, 5530
Strategy: ‐ Buy On Dips
NIFTY WEEKLY
www.theequicom.com +919200009266
BANK NIFTY WEEKLY PIVOT SCRIPT BANK NIFTY
R4 14325
R3 13552
R2 12779
R1 12511
P 12006
S1 11738
S2 11233
S3 10460
S4 9687
OUTLOOK Trend:‐ Bullish
Resistance: ‐ 13300, 12650
Support: ‐ 11750, 11100
Strategy: ‐ Buy On Dips
BANK NIFTY WEEKLY
www.theequicom.com +919200009266
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.
www.theequicom.com +919200009266