Equity Report by Ways2Capital 30 June 2014

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WEEKLY EQUITY REPORT

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TECHNICAL VIEW

MOVING AVERAGE 21 DAYS 50 DAYS 100 DAYS 200 DAYS

NIFTY 7538 7232 6829 6491

BANK NIFTY 15256 14508 13044 11982

NIFTY PIVOT REPORT

DAILY R2 R1 PP S1 S2

7711 7598 7541 7485 7371

WEEKLY R2 R1 PP S1 S2

8013 7713 7563 7413 7113

MONTHLY R2 R1 PP S1 S2

8992 8028 7546 7064 6100

BANK NIFTY PIVOT REPORT

DAILY R2 R1 PP S1 S2

15774 15368 15164 14961 14555

WEEKLY R2 R1 PP S1 S2

16585 15695 15250 14805 13915

MONTHLY R2 R1 PP S1 S2

18493 16413 15373 14333 12253

NSE EQUITY DAILY LEVELS

COMPANY NAME R3 R2 R1 PP S1 S2 S3

ACC EQ 1538 1490 1459 1441 1411 1393 1345ALBK EQ 144 139 135 133 130 127 122AMBUJACEM EQ 230 224 220 218 214 212 206

ASIAN PAINT EQ 611 599 591 586 579 574 561AXISBANK EQ 1988 1951 1930 1915 1894 1878 1842BAJAJAUTO EQ 2391 2345 2327 2299 2281 2253 2208BANKBRODA EQ 891 870 858 849 837 827 806




BANKINDIA EQ 307 297 290 287 280 277 267BHEL EQ 267 256 250 246 240 236 226BHARTIARTL EQ 355 344 338 333 327 322 312CIPLA EQ 473 454 445 434 425 414 394COALINDIA EQ 408 396 388 384 376 372 359DLF EQ 223 216 213 209 206 202 195DRREDDY EQ 2679 2613 2583 2546 2516 2479 2413GAIL EQ 477 466 461 456 451 445 435GRASIM EQ 3595 3505 3460 3415 3370 3325 3235HCLTECH EQ 1584 1524 1502 1464 1442 1404 1344HDFC EQ 1037 1009 992 982 965 954 926HDFCBANK EQ 833 825 820 817 812 809 801HEROMOTOCO EQ 2712 2670 2646 2628 2604 2586 2544HINDALCO EQ 172 167 164 162 159 157 152HINDUNILVR EQ 636 626 621 616 611 607 597ICICIBANK EQ 1458 1424 1404 1390 1370 1356 1322ITC EQ 328 323 321 318 316 314 309INDUSIND BANK EQ 588 579 575 569 566 560 550INFY EQ 3337 3273 3248 3210 3185 3146 3083JINDALSTEL EQ 343 332 326 321 315 310 299JPASSOCIAT EQ 83 80 77 76 74 72 67KOTAKBANK EQ 900 882 874 864 856 846 829LT EQ 1724 1698 1682 1672 1656 1646 1620M&M EQ 1212 1186 1169 1159 1143 1133 1107MRF EQ 24157 13718 23447 23278 23007 22839 22399MARUTI EQ 2538 2498 2476 2458 2436 2418 2378ONGC EQ 434 423 417 412 406 401 390ORIENTBANK EQ 338 329 320 315 311 306 320RANBAXY EQ 540 520 508 499 488 478 457RCOM EQ 152 149 147 145 143 142 138RELCAPITAL EQ 692 674 664 665 646 636 618RELIANCE EQ 1046 1030 1021 1014 1005 997 981RELINFRA EQ 766 748 741 730 723 712 695RPOWER EQ 114 111 107 106 104 102 100SBIN EQ 2727 2686 2662 2645 2621 2604 2563SESAGOA EQ 305 298 293 291 286 284 277SUNPHARMA EQ 710 686 673 662 649 637 613TATAMOTORS EQ 455 445 438 434 428 423 413TATAPOWER EQ 108 106 104 103 102 101 99TATASTEEL EQ 550 536 527 522 513 508 494UNIONBANK EQ 241 234 230 227 223 220 213




NSE WEEKLY NEWS UPDATE

Oil ministry orders inquiry into GAIL pipeline fire

Oil minister Dharmendra Pradhan has ordered a highlevel inquiry into the GAIL pipeline fire in Andhra Pradesh that killed at least 15 people. A fire was reported at 0530 hours in state gas utility GAIL India Ltd's pipeline that carries gas to Lanco's Kondapalli power plant near Vijayawada in Andhra Pradesh. The fire which followed a blast, has been brought under control. The 18inch pipeline carried gas from stateowned Oil and Natural Gas Corp's (ONGC) gas field in the East Godavari district.

Bansal made Infosys Lodestone chairman

Infosys CFO Rajiv Bansal has been appointed as the chairman of Infosys Lodestone, a whollyowned subsidiary of the $8.2 billion IT firm that was acquired for $350 million in 2012. Infosys Lodestone is a Switzerlandbased global management consultancy firm advising companies on devising innovative business operating models, optimizing processes and implementing new technologies leveraging SAP.

Sebi wants PF funds in market via MFs

Market regulator Sebi is keen to see pension fund money to flow into the Indian market through the mutual fund route where fund managers can manage money from pension funds. As of now, about Rs 5.5 lakh crore of pension funds is managed by portfolio managers. Sebi chairman U K Sinha also said that the regulator has written to the government for clarity about tax issues relating to real estate investment trusts (REITs) and infrastructure investment trusts. For these two types of investments products to be attractive, there should be a structure of passthrough of taxes which could be allowed only by the government.

Bank of Baroda exits MCX; exchange appoints new auditor

MultiCommodity Exchange of India (MCX) on Thursday said one of its investors, staterun Bank of Baroda, has sold its entire stake in the troubled bourse. State Bank of India, Corporation Bank and Bank of Baroda — all PSU lenders — had together bought 9.69 per cent in MCX in 2004 at a total investment of Rs 3.94 crore, according to the offer share sale document of the exchange.

Govt to slap additional penalty of $ 578 million on Reliance Industries

The government plans to impose an additional penalty of USD 578 million on Reliance Industries for producing lessthantargeted natural gas from its eastern offshore KGD6 block. The penalty in the form of disallowing costs incurred on the field will be for missing the target in 201314, a government source said. With this, the total costs disallowed will increase to USD 2.375 billion.

Air India revenues to rise 5% with Star: Aviation minister

In a boost to its sagging fortunes, cashstrapped Air India can expect its revenue to rise by at least 5% once the airline joins Star Alliance on July 11. Aviation minister P Ashok Gajapathi Raju on Tuesday confirmed that the airline's sevenyearlong wait to join the world's largest alliance was finally over and that it will be in the fold next month.

Sebi fixes minimum AUM for debt schemes

Market regulator Sebi has said that fund houses should have a minimum subscription of 20 crore for debtoriented and balanced schemes during new fund offers. They have to maintain an average AUM ( assets under management) of 20 crore on a halfyearly rolling basis. This is being done to ensure that there is adequate corpus in such schemes.




Ashok Varma appointed ONGC’s onshore director

In first oil PSU appointment by the new NDA government, Ashok Varma has been appointed director (onshore) of Oil and Natural Gas Corp (ONGC). Prior to his joining as director (onshore) on June 19, he was heading ONGC's Eastern Offshore Asset at Kakinada, where he was instrumental in putting the Eastern Offshore Asset on production.

RBI directs all banks, finance companies to provide data to antiblack money SIT

The Reserve Bank of India has directed all banks and finance companies to provide all information or documents requested by the special investigation team (SIT) looking into unearthing black money. RBI's directive preempts any bank from using customer confidentiality for denying information.

Trial over in Satyam scam

The trial in the infamous Satyam case in the trial court is finally over and the judgment is likely to be reserved on June 26. BVLN Chakravarthy, the 21st additional chief metropolitan magistrate of Hyderabad, who heard the case filed by the CBI and the versions of the accused that include the company's disgraced chairman B Ramalinga Raju and others, gave enough indications to this effect on Monday.

Essar Oil board approves delisting from BSE and NSE

Refiner Essar Oil Ltd on Monday said its board had approved delisting of shares from the BSE Ltd and National Stock Exchange of India Ltd. Essar Oil, a unit of the diversified Essar Group, said its board met on Sunday to decide on the proposal.

L&T's Q4 net profit way ahead of Street estimates

Engineering and construction company Larsen and Toubro (L&T) reported 69 per cent growth in net profit for the quarter ended March on the back of improved operational performance, higher sales and an exceptional income of Rs 484 crore from dilution of its stake in L&T Finance. Net profit on a standalone basis stood at Rs 2,723 crore in the fourth quarter against Rs 1,609 crore in the same period last year. Even after adjusting for onetime gains, the company has beaten analyst estimates by a long shot.

Ashok Leyland falls 5%, launches 18.52 cr shares QIP

Shares of Ashok Leyland , the second largest commercial vehicle maker in India, fell more than 5 percent on Friday after the company launched its qualified institutional placement (QIP) on Thursday. It set floor price for this QIP at Rs 34.30 apiece, which is 9.5 percent discount to Thursday's closing price. It aims to raise about Rs 600700 crore by allotting up to 18.52 crore equity shares through QIP.




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Equity Report by Ways2Capital 30 June 2014

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Transcript of Equity Report by Ways2Capital 30 June 2014