Equity Market Analysis or levels on 22th August

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Weekly New EQUITY AN wsletter-Equity 22 - Au NALYSIS - WEEK ug - 2012 KL Y

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India's annual inflation surprisingly slipped in July from the previous month, raising Expectations of monetary easing by the Reserve Bank of India (RBI) on July 31. Inflation, as measured by the wholesale price index (WPI), stood at 6.87% last month Versus 7.25% in June. PMEAC cuts FY13 GDP growth forecast to 6.7%. Farm sector GDP projected to grow at 0.5% in 2012/13 due to the impact of weak monsoon on Agriculture and the current reservoir storage position in 2012/13.

Transcript of Equity Market Analysis or levels on 22th August

Page 1: Equity Market Analysis or levels on 22th August

Weekly Newsletter

EQUITY ANALYSIS

ly Newsletter-Equity

22-Aug

EQUITY ANALYSIS - WEEKL

Aug-2012

WEEKLY

Page 2: Equity Market Analysis or levels on 22th August

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

Page 3: Equity Market Analysis or levels on 22th August

MARKET WRAP

Nifty and Sensex both ended with moderate gains this week up 0.8%.

U.S. Unemployment claims came at 366K; Core CPI m/m came at -0.1%.

U.S. & Euro markets have made gains with Asian markets too were green.

Indian markets have now risen for three successive weeks, fueled by steady FII inflows

and amid expectations of some reforms going through. A surprise drop in inflation for

July also raised hopes of a possible rate cut at next month’s RBI policy meeting. Data

on indirect tax receipts and SEBI’s measures to boost the capital markets also had a

positive rub-off on the markets. Technically Nifty is getting support at lower levels,

ongoing liquidity-powered uptrend may continue; Nifty may range 5180-5460 this week.

India's annual inflation surprisingly slipped in July from the previous month, raising

expectations of monetary easing by the Reserve Bank of India (RBI) on July 31.

Inflation, as measured by the wholesale price index (WPI), stood at 6.87% last month

versus 7.25% in June. PMEAC cuts FY13 GDP growth forecast to 6.7%. Farm sector

GDP projected to grow at 0.5% in 2012/13 due to the impact of weak monsoon on

agriculture and the current reservoir storage position in 2012/13.

Globally, shares and the U.S. dollar advanced on Friday as apparent support from

German Chancellor Angela Merkel for European Central Bank intervention to calm the

euro zone's debt troubles lifted investor sentiment for a second day. Eurozone gross

domestic product (GDP) contracted by 0.2% in the second quarter of 2012 compared to

the previous quarter, according to a preliminary reading published by Eurostat. The

main indices could turn range bound and with no clear directional bias.

Page 4: Equity Market Analysis or levels on 22th August

MARKET PERFORMANCE

NSE GAINERS

COMPANY NAME CURRENT PREV. CLOSE(RS) CANG.(RS) CHAG.(%)

Tribhovandas Bhimji 107.15 89.30 17.85 19.99

Great Offshore 99.10 84.65 14.45 17.07

Sangam India 54.25 46.95 7.30 15.55

Mangalore Chem 50.75 44.40 6.35 14.30

Birla Power 0.40 0.35 0.05 14.29

NSE LOSERS

COMPANY NAME CURRENT PREV. CLOSE(RS) CANG.(RS) CHAG.(%)

Koutons Retail 6.15 6.85 -0.70 -10.22

Paramount Print 4.50 5.00 -0.50 -10.00

Kemrock Inds 182.75 203.05 -20.30 -10.00

Indian Terrain 55.60 61.20 -5.60 -9.15

Precision Pipes 57.95 63.30 -5.35 -8.45

VOLUME TOPPERS

COMPANY NAME CURRENT PREV. CLOSE(RS) CHAG.(%) Volume in

(‘000s)

Kingfisher Airlines 9.75 9.95 -2.01 37462.19

Lanco Infratech 12.35 12.50 -1.20 17148.19

HDIL 82.50 83.90 -1.67 14770.58

Shree Renuka Sugar

33.70 32.10 4.98 14187.42

Tata Motors 240.20 235.45 2.02 12680.44

Page 5: Equity Market Analysis or levels on 22th August

SECTORIAL INDICES

Indices Country Date Index Net Change Change (%)

Hang Seng Hong Kong 17-Aug-2012 20116.07 -20.05 -0.10

Jakarta Composite

Indonesia 17-Aug-2012 4160.51 18.95 0.46

Nikkei 225 Japan 17-Aug-2012 9162.50 271.06 3.05

KLSE Composite

Malaysia 17-Aug-2012 1649.79 4.43 0.27

Seoul Composite

South Korea 17-Aug-2012 1946.54 0.14 0.01

Strait Times Singapore 17-Aug-2012 3062.11 7.91 0.26

FTSE 100 United

Kingdom 17-Aug-2012 5852.42 5.31 0.09

Nasdaq United States

17-Aug-2012 3076.59 55.73 1.84

DJIA United States

17-Aug-2012 13275.20 67.25 0.51

S&P 500 United States

17-Aug-2012 1418.16 12.29 0.87

INDIAN EQUITY MARKET

INDICES VALUE CHANGE % CHANGE

NIFTY 5366.30 45.90 0.86

BANK NIFTY 10460.95 36.25 0.35

SENSEX 17691.08 133.34 0.76

Page 6: Equity Market Analysis or levels on 22th August

T

WEEKLY PIVOT

INDICES R4 R3

NIFTY 5628 5538 5448

OUTLOOK

Trend: - Consolidate

Resistance: - 5460

Support: - 5180, 503

Strategy: - Buy on Dips

TECHNICAL VIEW

NIFTY

R2 R1 P S1 S2

5448 5407 5355 5317 5268

Consolidate

0, 5600

5030

Buy on Dips

NIFTY WEEKLY

S3 S4

5179 5088

Page 7: Equity Market Analysis or levels on 22th August

WEEKLY PIVOT

SCRIPT R4 R3

BANK NIFTY 11291 11018

OUTLOOK

Trend: - Consolidate

Resistance: - 1070

Support: - 10100,

Strategy: - Buy on Dips

BANK NIFTY

R2 R1 P S1 S2

11018 10745 10603 10472 10330 10199

Consolidate

700, 11000

, 9800

Buy on Dips

BANK NIFTY WEEKLY

S2 S3 S4

10199 9926 9655

Page 8: Equity Market Analysis or levels on 22th August

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