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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


This Document has been prepared by Ways2Capital (A Division of High  Brow Market Research Investment Advisory Pvt Ltd). The information,  analysis   and   estimates   contained   herein   are   based   on   Ways2Capital  Equity/Commodities   Research   assessment   and   have   been   obtained   from  sources believed to be reliable. This document is meant for the use  of   the   intended   recipient   only.   This   document,   at   best,   represents  Ways2Capital   Equity/Commodities   Research   opinion   and   is   meant   for  general   information   only.   Ways2Capital   Equity/Commodities   Research,  its   directors,   officers   or   employees   shall   not   in   any   way   to   be  responsible   for   the   contents   stated   herein.   Ways2Capital  Equity/Commodities   Research   expressly   disclaims   any   and   all  liabilities that may arise from information, errors or omissions in  this connection. This document is not to be considered as an offer to  sell or a solicitation to buy any securities or commodities. All information, levels & recommendations provided above are given on  the basis of technical & fundamental research done by the panel of  expert of Ways2Capital but we do not accept any liability for errors  of opinion. People surfing through the website have right to opt the  product services of their own choices.  Any   investment   in   commodity   market   bears   risk,   company   will   not   be  liable   for   any   loss   done   on   these   recommendations.   These   levels   do  not necessarily indicate future price moment. Company holds the right  to   alter   the   information   without   any   further   notice.   Any   browsing  through website means acceptance of disclaimer.

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


Equity report by ways2capital 28 april 2014