Equity report by ways2capital 28 april 2014

WEEKLY EQUITY REPORT

Equity Market Overview For Period: 28th April 2014 to 02nd May 2014 Web: www.ways2capital.com | Mail: info@ways2capital.com | Call: 0731-6554125

TECHNICAL VIEW MOVING AVERAGE­

21 DAYS

50 DAYS

100 DAYS

200 DAYS

NIFTY

6769

6520

6376

6143

BANK NIFTY

13170

13166

13082

12916

NIFTY PIVOT REPORT DAILY

R4

R3

R2

R1

PP

S1

S2

S3

S4

7132 7036 6940 6883 6844 6787 6748 6652 6556 WEEKLY

R4

R3

R2

R1

PP

S1

S2

S3

S4

7158 7054 6950 6888 6847 6784 6743 6639 6535 MONTHLY

R4

R3

R2

R1

PP

S1

S2

S3

S4

7453 7254 7055 6977 6856 6778 6657 6458 6259

BANK NIFTY PIVOT REPORT DAILY

R3

R2

R1

PP S1 S2 S3

13708 13441 13288 13175 13021 12908 12641 WEEKLY

R3

R2

R1 PP S1 S2 S3

13841 13494 13364 13147 13017 12800 12453 MONTHLY

R3

R2

R1 PP S1 S2

S3

14457 13740 13487 13023 12770 12306 11589

Equity Market Overview For Period: 28th April 2014 to 02nd May 2014 Web: www.ways2capital.com | Mail: info@ways2capital.com | Call: 0731-6554125

NSE EQUITY DAILY LEVELS

COMPANY NAME

R2

R1

PP

S1

S2

S3

ACC ALBK AMBUJACEM

1398.58 97.17 223.52

1378.47 95.93 220.08

1348.28 93.71 214.06

1328.17 92.48 210.63

1297.98 1277.87 90.27 89.03 204.61 201.18

ASIAN PAINT AXISBANK BAJAJ­AUTO BANKBRODA

554.45 1493.75 2044.31 790.10

549.10 1479.20 2030.18 780.70

541.15 1458.10 2010.70 764.50

535.80 1444.00 1996.53 755.10

527.85 1422.45 1977.02 738.90

BANKINDIA BHEL BHARTIARTL CIPLA COALINDIA DLF DRREDDY GAIL GRASIM HCLTECH HDFC HDFCBANK HEROMOTOCO HINDALCO HINDUNILVR ICICIBANK ITC INDUSIND BANK INFY JINDALSTEL JPASSOCIAT KOTAKBANK LT M&M MRF MARUTI ONGC ORIENTBANK PNB

226.63 187.82 330.38 405.57 295.40 164.38 2595.70 378.68 2803.68 1468.65 892.53 729.77 2262.48 146.48 620.58 1300.38 340.58 513.82 3238.52 290.93 60.00 818.87 1297.52 1013.48 24063.18 1988.52 332.25 262.75 827

223.11 184.53 327.97 403.13 293.15 162.02 2573.95 376.27 2783.37 1446.70 886.17 724.23 2240.67 143.97 615.02 1281.62 346.92 506.38 3215.28 285.62 58.70 809.83 1283.23 1005.22 23906.62 1969.93 326.60 265 809

216.93 178.62 324.48 398.87 289.75 159.03 2548.25 372.18 2761.68 1430.85 875.58 715.77 2203.18 139.48 608.28 1254.48 350.33 496.67 3186.82 276.58 56.50 794.97 1262.62 991.73 23678.43 1942.92 323.35 246.25 798

213.41 207.23 203.71 175.33 169.42 166.13 322.07 318.58 316.17 396.43 392.17 389.73 287.50 284.10 281.85 156.67 153.68 151.32 2526.50 2500.80 2479.05 369.77 365.68 363.27 2741.37 2719.68 2699.37 1408.90 1393.05 1371.10 869.22 858.63 852.27 710.23 701.77 696.23 2181.37 2143.88 2122.07 136.97 132.48 129.97 602.72 595.98 590.42 1235.72 1208.58 1189.82 356.67 360.08 366.42 489.23 479.52 472.08 3163.58 3135.12 3111.88 271.27 262.23 256.92 55.20 53.00 51.70 785.93 771.07 762.03 1248.33 1227.72 1213.43 983.47 969.98 961.72 23521.8 23293.68 23137.1 1924.33 1897.32 1878.73 7 2 317.70 314.45 305.55 239.50 229.75 213.25 781 770 741

522.50 1407.90 1962.88 729.50

Equity Market Overview For Period: 28th April 2014 to 02nd May 2014 Web: www.ways2capital.com | Mail: info@ways2capital.com | Call: 0731-6554125

RANBAXY RCOM RELCAPITAL RELIANCE RELINFRA RPOWER SBIN SESAGOA SUNPHARMA TATAMOTORS TATAPOWER TATASTEEL UNIONBANK

484 135 381 977 538 74 2148 197 636 433 85.50 437 157

477 133 374 962 530 72.90 2116 195 629 428 84.30 432 155

472 132 369 954 524 72.25 2079 192 625 425 83.45

465 130 362 939 516 71.15 2048 190 617 420 82.25

427 152

421 150

460 129 357 931 509 70.50 2011 187 613 417 81.40

448 126 345 908 494 68.75 1942 183 601 409 79.35

416 147

406 143

NSE ­ WEEKLY NEWS LETTERS RBI panel moots centralized bill payment system­ An RBI panel today made a case for centralized bill payment system catering to different financial instruments, like cheques, debit cards and mobile banking. This centralized bill payments system, it said will provide accessible services across all parts of the country through a strong network of operational units/agents who will ensure in making this service accessible in urban as well as rural areas.

Union Bank of India raised USD 350 million from bonds­ State­owned Union Bank of India today said it has raised USD 350 million (Rs 2,100 crore) through bonds from overseas market to fund its expansion plan. The 5.5 years bonds were priced at a spread of 280 basis points and was oversubscribed 3.4 times with demand from 150 investors, Union Bank of India said in a statement.

PSU banks may get additional capital infusion of Rs 7000 cr­ To further enhance capital base, the government is planning to make additional infusion of up to Rs 7,000 crore in the public sector banks during the current fiscal. "In the interim budget, the government provided Rs 11,200 crore for the public sector banks.

There could be additional provision of Rs 7,000 crore for these banks when government tables regular budget for 2014­15 in June­July," a senior Finance Ministry official said.

Equity Market Overview For Period: 28th April 2014 to 02nd May 2014 Web: www.ways2capital.com | Mail: info@ways2capital.com | Call: 0731-6554125

Markets hit all­time high levels, profit­booking likely now­ Continuing its record breaking performance, the BSE benchmark sensex on Wednesday spurted by over 118 points to end the day at all­time closing high of 22,876.54 on select buying in blue­chip stocks like L&T, HDFC Bank and BHEL amid persistent capital inflows. The 30­share index recorded its highest ever figure of 22,912.52 points intra­day, but lost the momentum on emergence of profit­booking. The 50­share Nifty of NSE rose by 25.45 points to finish at all­time record of 6,840.80 after hitting historic level of 6,861.60 intra­day.

YES Bank Q4 profit jumps 18% to Rs 430 cr, NPA improves­ Private sector lender YES Bank beat street expectations by reporting fourth quarter (January­March) net profit at Rs 430 crore, up 18.8 percent compared to same quarter last year, driven by non­interest income. Analysts had expected bottom line at Rs 404 crore for the quarter."YES Bank has continued to deliver steady performance in FY14 maintaining asset quality in a difficult economic environment with expansion in net interest margin (NIM) in Q4FY14," says Rana Kapoor, managing director and CEO. Net interest margin improved sequentially to 3 percent from 2.9 percent while it was flat compared to same quarter last year.

RBI unsupported HDFC Bank's plea to raise FII holding­ what comes in as a big blow to HDFC Bank , the Reserve Bank of India (RBI) has not supported the bank’s request to permit them to raise existing foreign investment levels any further. HDFC Bank had approached the Foreign Investment Promotion Board (FIPB) in the latter half of 2013 to increase the foreign holding in the bank to 67.55 per cent from 49 percent.

UltraTech Cement Q4 beats forecast, net up 15% to Rs 838 cr­ Aditya Birla Group company UltraTech Cement surpassed analysts' expectations with the fourth quarter (January­March) net profit rising 15.4 percent year­on­year to Rs 838 crore on lower tax expenses. According to CNBC­TV18 poll estimates, analysts had expected the cement company to report profit of Rs 610 crore on revenue of Rs 5,700 crore for the quarter.

Equity Market Overview For Period: 28th April 2014 to 02nd May 2014 Web: www.ways2capital.com | Mail: info@ways2capital.com | Call: 0731-6554125

Recent major Q4 Results update­

Reliance Industries (Q4 FY14)­ CMP Rs 960 Target Rs1120

Upside 16.7%

TCS Ltd (Q4 FY14)­ CMP Rs2223

Target Rs2505

Upside 12.7%

HCL Tech (Q3 F6/14)­ CMP Rs1425

Target Rs1627

Upside 14.2%

Indusind Bank (Q4 FY14)­ CMP Rs487 Target Rs551

Upside 13.1%

Infosys Ltd (Q4 FY14)­ CMP Rs3190 Target Rs3750

Upside 15.0%

Bharat Heavy Electricals Ltd­ CMP Rs190 Target Rs168

Downside 16.1%

LIC Housing Finance (Q4 FY14)­ CMP Rs280 Target Rs336

Upside 19.7%

Equity Market Overview For Period: 28th April 2014 to 02nd May 2014 Web: www.ways2capital.com | Mail: info@ways2capital.com | Call: 0731-6554125

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Equity Market Overview For Period: 28th April 2014 to 02nd May 2014 Web: www.ways2capital.com | Mail: info@ways2capital.com | Call: 0731-6554125