Equity special report

12
20/07/2015

Transcript of Equity special report

Page 1: Equity special report

20/07/2015

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INDEX OPEN HIGH LOW CLOSE

CNX NIFTY 8401 8652 8360 8625

BANK NIFTY 18822 19280 18701 19148

INDEX R2 R1 PP S1 S2

CNX NIFTY 8837 8731 8545 8439 8253

BANK NIFTY 19622 19385 19043 18806 18464

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INDEX CURRENT PREVIOUS % CHANGE NIFTY OI 102478825 90713175 12.97%

NIFTY VOLUME 1928907 2643276 -27.05%

BANK NIFTY OI 8943975 8603875 3.95%

BANK NIFTY VOLUME 569550 674921 -15.1%

OPEN INTEREST AND VOLUME

FII AND DII WEEKLY TRADING

ACTIVITY

FII

FII TRADING (RS. IN CRORE)

GROSS

PURCHASE

GROSS SALES NET

PURCHASE/SALES

Weekly Position 2556.94

17 July 2015 3347.75 2742.19 605.56

16 July 2015 3250.41 2504.60 745.81

15 July 2015 3292.92 2885.23 407.69

14 July 2015 3148.88 2878.98 269.90

13 July 2015 3477.95 2949.97 527.98

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17 July 2015 1331.99 1507.14 -175.15

16 July 2015 1632.69 1731.20 -98.51

15 July 2015 1384.34 1434.72 -50.38

14 June 2015 1227.27 1358.17 -130.90

13 July 2015 1081.26 1252.81 -171.55

DII GROSS

PURCHASE

GROSS SALES NET

PURCHASE/SALES

FII and DII Statistics provides one with information about the quantity and

price of the various instruments bought and sold by the Foreign Institutional

Investors (FII) and Domestic Institutional Investors during the day in the

Derivative Market.

DII TRADING (RS. IN CRORE)

Weekly Position -626.49

0.000

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Indian indices continue bullish during the last week rally and closed on positive note amid market up Indian Indices jump above support levels on the last trading day of June series F&O expiry. On sectorial front Banking,

Metals, Infra, Financials sectors were up as well as Pharma and IT sectors remained stable and up during the

week. Week ahead, market is likely to trend upside heading towards 8600 level as nifty has follow in channel

weekly and weekly charts that signals further buy in market. Nifty given closing at positive in weekly chart by

open 8401 level to settle at 8625 on the above chart Nifty has been trading in over all uptrend, following a

channel formation above 8410 with the technical and fundamental supports for upside. Nifty was strong

support level at 8000, nifty don’t broken the level 8000. Now channel has been completed with the high on

8445. Nifty has brooked the level 8350 then it could touch the level of 8700/8900 for long term. Nifty, in last

week trading session it was up closed at 8625. Its long term trend is up. On weekly chart it has given breakout

at above 8488 in channel. Stochastic and RSI has also buying confirmation. On weekly chart nifty has given

breakout level at above 8350. We have recommended buy nifty future from current market Price 8625 hold

for target is 8700, in coming weeks.

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CEAT LTD

Stock Recommendation for 20/07/2015 is CEAT LTD. In Friday’s trading session it was up 2.18 %. Its

long term trend is up. RSI and Parabolic SAR also indicate buying confirmation. So our buying level is

above 750 and our target is 775 and 800 in coming days. Our stop loss 725 is the entire indicator is

suggesting that one can go for long position in the stock at above 750 levels. Our recommendation

CEAT LTD buy above 750 for 1st target 775 and 2nd Target 800 with stop loss level 725.

TECHNICAL VIEW

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SKS Micro Finance Limited

TECHNICAL VIEW

Stock Recommendation for 20/07/2015 is SKS Micro Finance Limited. In Friday’s trading session it was

up 1.81%. Its long term trend is up. In weekly & daily chart its trend is bullish. So our buying level is

above 525 and our target is 550 and 575 in coming days. Our stop loss is 500 the entire indicator is

suggesting that one can go for long position in the stock at above 525 levels. Our Recommendation on

SKSMICRO buy above 525 for 1st target 550 and 2nd Target 575 with stop loss level 500.

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DATE SCRIPT ORDER COST LEVEL 1 ST TGT 2 ND TGT SL

29 June EICHERMOT Buy 19738 20138 20538 -

29 June BAJFINANCE Buy 5410 5530 - -

08 June Coal India Buy 408 - - 398 22 June MARUTI Buy 3960 4080 - -

01 June BPCL Buy 857.50 869.50 - -

15 June ONGC Sell 300 - - 315

25 May Voltas Buy 317 321 325 - 08 June IOB Sell 38 37 36 -

PAST PERFORMANCE OF STOCK RECOMMENDATION

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Lupin rises 1% on USFDA approval for diabetes drug

Lupin gets approval from US Food and Drug Administration for diabetes drug. The pharma major has received an

approval from the USFDA for PrandiMet (also known as Prandin) generic that is used for treatment of type 2 diabetes.

Danish pharmaceutical company Novo Nordisk is the innovator of the drug and has received approval from USFDA in

June 2008. "PrandiMet had been approved to lower the blood glucose in adult patients with type 2 diabetes whose

hyperglycemias cannot be controlled satisfactorily by meglitinide and/or metformin," Novo said in its release published

in 2008. Analysts feel this could be a limited competition drug. Actavis and Sandoz are few of the other generic filers for

Prandin.

ACC Q2 profit seen down 11%, volumes may decline

Cement major ACC is expected to de grow in the quarter ended June. Profit is likely to fall 11 percent year-on-year to Rs

217 crore and total income may drop 2 percent to Rs 3,012 crore.

The company follows January-December as its financial year. Analysts expect cement volumes

to decline in April-June quarter (following weakness in past two consecutive quarters) due to poor sales seen in

Southern and Northern markets. The top line of ACC, which has pan India presence, may be dragged by lower volumes

but realisations and RMC may support. Analysts see poor realisations in northern and western regions.

Motherson Sumi at record high on strong European car sales

Shares of Motherson Sumi Systems touched a life high of Rs 539.45 on Friday, up 3 percent intraday after European car

sales hit highest level since 2009. The stock rallied 18 percent in the current calendar year 2015. European subsidiaries

contribute about 80 percent to the total revenues of Motherson. According to data published by the European

Automobile Manufacturers Association on July 16, Europe's car registration showed 15 percent growth in June despite

Greece crisis, the biggest year-on-year rise in monthly car sales since December 2009. During January-June period of

2015, new registrations for passenger cars in Europe rose by 8.2 percent to more than 7 million units.

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5 sectors affected by the Union Budget 2015.

The finance minister presents his budget in 2 parts: Board policy and Tax proposals Board policy initiatives

indicate the stance of the budget. If the budget is allocating resources for spending on infrastructure, a lot

of related business is affected.

Tax proposals: when tax rates or duties are changed, they affected individuals or companies accordingly.

The ability of this company to pass on changes in tax rates to customers determines their future

profitability.

The sector here is some sector that has been impacted.

1 power: Power production required fuel. Any changes in tax on fuel could make or break a project.

2 Real Estate: Low cost housing and urbanization influences the real estate sector. The budget is watched

very closely fir incentives offered towards this.

3 Infrastructures: this is perhaps the most affected sector in the budget. The government spending on

rural and urban infrastructures leads to a significant business for companies that build it.

4 Automobiles: Excise duty on manufacturing on cars in India changes in every other budget while the

duty on vehicles with smaller engines is less; it is more on vehicles that have a powerful engine.

5 Oil and Gas: Petroleum subsidies keep prices of diesels, kerosene or LPG low. Since fuel prices to retail

customers and profitability of companies are determined by the amount of subsidies, investors listen to

the finance minister’s budget speech for a stance on fuel pricing going ahead.

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The information contained here was gathered from sources deemed reliable however; no

claim is made as to accuracy or content. This does not contain specific recommendations to

buy or sell at particular prices or time, nor should any examples presented be deemed as

such. There is a risk of loss in equity trading and you should carefully consider your financial

position before making a trade. This is not, nor is it intended, to be a complete study of

chart patterns or technical analysis and should not be deemed as such. Money Classic

Investment Advisors does not guarantee that such information is accurate or complete and

it should not be relied upon as such. Any opinions expressed reflect judgments at this date

and are subject to change without notice. For use at the sole discretion of the investor

without any liability on Money Classic Investment Advisors.

• MONEY CLASSIC INVESTMENT ADVISORS

• WEBSITE- WWW.MONEYCLASSIC RESEARCH.COM

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