Equity special report

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MONEY CLASSIC RESEARCH

EQUITY SPECIAL REPORT

25-05-2015

http://www.moneyclassicresearch.com/



CONTENTS

NIFTY SNAPSHOT

TECHNICAL VIEW (PIVOT, OI AND VOUME, FII AND DII TRADING ACTIVITY)

S&P CNX NIFTY

STOCK RECOMMEDATION

LATEST UPDATE




WEEKLY NIFTY SNAPSHOT

INDEX OPEN HIGH LOW CLOSE

NIFTY 8283 8488 8264 8452

BANK NIFTY 18247 18725 18020 18375

PIVOT LEVEL

INDEX R2 R1 PP S1 S2 NIFTY 8625 8538 8401 8314 8177

BANK NIFTY 19078 18726 18373 18021 17668




OPEN INTEREST AND VOLUME

INDEX CURRENT PREVIOUS % CHANGE NIFTY OI 66820575 69712400 -4.14%

NIFTY VOLUME 2110467 2908940 -27.44%

BANK NIFTY OI 8678325 8579425 1.15%

BANKNIFTY VOLUME 591793 719494 -17.74%

FII AND DII WEEKLY TRADING ACTIVITY

FII TRADING (RS. IN CRORE)

FII GROSS PURCHASE

GROSS SALES NET PURACHASE/SALES

22 May 2015 6279.25 6067.83 211.42

21 May 2015 4416.14 4182.25 233.89 20 May 2015 4303.18 4179.69 123.49

19 May 2015 4901.79 4853.73 48.06

18 May 2015 3595.53 3633.84 -38.31

Weekly Position 578.55




DII TRADING (RS. IN CRORE)

DII GROSS PURCHASE

GROSS SALES NET PURACHASE/SALES

22 May 2015 1776.79 1539.17 237.62

21 May 2015 1721.79 1317.78 103.58 20 May 2015 1617.22 1513.64 103.58

19 May 2015 1693.92 1242.90 451.02 18 May 2015 1799.79 1236.19 563.60

Weekly Position 1459.04

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.




S&P CNX NIFTY CHART ANALYSIS

Indian indices continued bullish during the last 2 weeks rally and closed on

positive note amid IIP and CPI data. 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 downside

heading towards 8400 level as nifty has given breakout in weekly charts that

signals further sell off in market. Nifty went down by 267 points to settle at

8185, nifty achieved our 1st level 8000 in the last week. On the above chart

Nifty has been trading in strong uptrend, following a channel formation (from

8400 level to 9000) with the technical and fundamental supports. But now

channel has been completed with the high of 9191. Nifty has broken below the

level 8500 then it could touch the level of 8000/7800 in near term. Nifty, in last

week trading session it was flat closed at 8250. Its long term trend is up. 8250

is a support level for minor correction in buying position. On weekly chart it

has given breakout at below 8500 in channel. Stochastic and RSI has also

selling confirmation. On weekly chart nifty has given breakout level at below

8500. Nifty has given breakout below 8500 so our selling level is below 8400

and our target is 8000 and 7800 in coming weeks.




STOCK RECOMMENDATION

Voltas Limited

TECHNICAL VIEW

Stock Recommendation for 25/05/2015 is Voltas Ltd. In today trading session it

was up 9.21%. Its long term trend is up. On daily chart it has break the

resistance at 302. RSI and Parabolic SAR also indicate buying confirmation. It

also breaks 52 week high. So our buying level is above 317 and our target is

321 and 325 in coming days. Our stop loss 311 is the entire indicator is

suggesting that one can up for long position in the stock at above 317 levels.

Our Recommendation on Voltas Ltd buy above 317 for 1st target 321 and 2nd

Target 325 with stop loss level 311.




Idea Cellular

TECHNICAL VIEW

Stock Recommendation for 25/05/2015 is Idea Cellular. In Friday’s trading

session it was down 2.96%. Its long term trend is down. On daily chart it has

given breakout level at 170 in Head & Shoulder pattern. Parabolic SAR and RSI

have also selling confirmation. So our selling level is below 165.50 and our

target is 162.50 and 159.50 in coming days. Our stop loss is 170.50 the entire

indicator is suggesting that one can up for short position in the stock at below

165.50 levels. Our Recommendation on Idea Cellular sells below 165.50 for 1st

target 162.50 and 2nd Target 159.50 with stop loss level 170.50.




PAST PERFORMANCE OF STOCK RECOMMENDATION

DATE SCRIPT ORDER COST LEVEL 1ST TGT

2ND TGT

SL

18 MAY HEXAWARE BUY 267 271 275 - 18 MAY JUBLIFOOD BUY 1775 - - 1743

11 MAY PNB SELL 144 140 - - 11 MAY CAIRN SELL 205 201 - -

06 MAY UPL BUY 496 501 506 -




LATEST UPDATE

State Bank of India beats estimates, Q4 net up 23%, bad loan ratio down State Bank of India (SBI), the country’s largest bank, reported strong operational numbers for the March quarter. The bank’s operational and asset quality numbers were better than expected during the quarter. Even as loan book grew by eight per cent during the quarter, SBI’s net interest income (NII) grew 14 per cent (y-o-y) to Rs 14,711 crore, led by lower cost of funds. The bank’s profit growth got a boost from higher other income, which grew 19

per cent (y-o-y) and 22 per cent QoQ to Rs 8,515 crore. Operating profit grew

17 per cent (y-o-y) to Rs 12,409 crore. Like other banks, SBI too has gained

from higher treasury gains and core fee income. The bank’s net profit grew 23

per cent (y-o-y) and 29 per cent sequentially to Rs 3740 crore.

ITC Q4 net seen up 10%, Cigarette maker ITC misses profit estimates

India's largest cigarette maker reported a lower-than-expected quarterly profit

as higher taxes on smokes and governments push to discourage tobacco

consumption hurt business.

ITC sells four out of every five cigarettes in India and is nearly 25 percent-

owned by British American Tobacco Plc. For the quarter ended March 31,

Kolkata-based ITC earned 23.61 billion rupees ($371.6 million), Sales came in at

91.88 billion rupees, more or less in line with last year's 91.45 billion rupees.

ITC, which sells brands like Gold Flake, Classic and India Kings, makes most of

its revenue from cigarettes.

($1 = 63.5375 rupees)



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.




DISCLAIMER

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

• EMAIL- [email protected]

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