Equity special special

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22/06/2015

Transcript of Equity special special

Page 1: Equity special special

22/06/2015

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INDEX OPEN HIGH LOW CLOSE

CNX NIFTY 7968 8250 7944 8237

BANK NIFTY 17480 17979 17275 17871

INDEX R2 R1 PP S1 S2

CNX NIFTY 8449 8343 8143 8037 7837

BANK NIFTY 18412 18141 17708 17437 17004

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INDEX CURRENT PREVIOUS % CHANGE NIFTY OI 77977250 81282525 -4.06%

NIFTY VOLUME 2494601 2385283 4.58%

BANK NIFTY OI 13300575 12034700 10.51%

BANK NIFTY VOLUME 569933 649945 -12.31%

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 -3114.43

19 June 2015 6463.41 6569.53 -106.12

18 June 2015 4190.71 5131.62 -940.91

17 June 2015 4190.71 5131.62 -940.91

16 June 2015 3512.26 4033.91 -521.63

15 June 2015 3028.02 3632.88 -604.86

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19 June 2015 1555.05 1107.50 447.55

18 June 2015 2728.31 1281.24 1447.07

17 June 2015 2728.31 1281.24 1447.07

16 June 2015 1656.96 1012.15 644.81

15 June 2015 1390.91 740.44 650.47

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 4636.97

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 8400 level as nifty has follow in channel

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

open 7968 level to settle at 8236 on the above chart Nifty has been trading in over all downtrend, following a

channel formation (from 8400 level to 7800) with the technical and fundamental supports for down side. Nifty

was strong support level at 8000, nifty don’t broken the level 8000. Now channel has been not completed with

the high on 8472 and low on 7600. If Nifty has broken above the level 8500 then it could touch the level of

8700/8900 for long term. Nifty, in last week trading session it was up closed at 8236. Its long term trend is

down. 8000 was a support level in minor correction for buying position but nifty break the level. On weekly

chart it has given breakout at below 8000 in channel. Stochastic and RSI has also selling confirmation. On

weekly chart nifty has given breakout level at below 8000. If nifty has given breakout below 8000 so our selling

level is below 8000 and our target is 7800 in coming weeks.

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MARUTI SUZUKI INDIA LIMITED

Stock Recommendation for 22/06/2015 is Maruti Suzuki. In Friday’s trading session it

was up 2.25%. Its long term trend is up. On daily chart it is near to 52 week high. It has

made the uptrend channel. RSI and Parabolic SAR also indicate buying confirmation. So

our buying level is above 3960 and our target is 4080 and 4200 in coming days. Our stop

loss 3810 is the entire indicator is suggesting that one can go for long position in the

stock at above 3960 levels. Our recommendation on MARUTI buy above 3960 for 1st

target 4080 and 2nd target 4200 with stop loss level 3810.

TECHNICAL VIEW

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JINDAL STEEL & POWER LIMITED

TECHNICAL VIEW

Stock Recommendation for 22/06/2015 is Jindal Steel. In Friday’s trading session it was

down 0.20%. Its long term trend is down. On daily chart it has flag pattern and

downtrend channel. EMA, RSI and Parabolic SAR also indicate selling confirmation. Our

selling level is below 91 and our target is 86 and 81 in coming days. Our stop loss is 98

the entire indicator is suggesting that one can go for short position in the stock at

below 91 levels. Our Recommendation on Jindal Steel sells below 91 for 1st target 86

and 2nd Target 81 with stop loss level 98.

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

15 June ONGC Sell 300 - - 315

08 June IOB Sell 38 37 36 -

08 June Coal India Buy 408 - - 398 08 June Coal India Buy 408 - - 398

01 June BPCL Buy 857.50 869.50 - - 01 June BPCL Buy 857.50 869.50 - -

25 May Voltas Buy 317 321 325 - 25 May Voltas Buy 317 321 325 -

25 May Idea Sell 165.50 - - 170.50

PAST PERFORMANCE OF STOCK RECOMMENDATION

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April IIP at 4.1%; May CPI inflation at 5.01%

The consumer price inflation edged up to 5.01% in May, while annual industrial output growth accelerated to a two-

month high of 4.1% in April, according to the data released today by the Ministry of Statistics and Programme

Implementation.

HDFC Bank cuts lending rate by 0.15%

Private sector HDFC Bank has cut base rate or minimum lending rate by 0.15 percent, a move which will lower EMIs

for its borrowers. The base rate of the bank is 9.70 percent with effect from June 15, HDFC Bank said on its website.

Prior to the cut, the base rate of the country's second largest private sector lender was 9.85 percent. The bank had last

cut its base rate on April 13, by 0.15 percent to 9.85 percent following RBI first bi-monthly monetary policy review.

While RBI has cut interest rates about three times this year by 75 basis points, banks so far have on an average cut

lending rates by 25-30 basis points.

Glenmark Pharma allotted 17,803 equity shares

Glenmark Pharma allotted 17,803 equity shares pursuant to merger of Glenmark Generics with company. National

Payments Corporation of India to roll out RuPay credit cards from next year. French Defence Minister Jean-Yves Le

Drian says sale of 36 French Rafale Jets to India could be closed within 2-3 months.

Jubilant Life up 8.5% on vitamin B3 products price hike

"Jubilant announced a price increase of 10 percent of Niacinamide, with immediate effect, for non-contract customers

and wherever existing contracts permit, “said the company in its filing.

The company added that it delivers unmatched advantages of consistent quality and availability of vitamin B3 (Niacin

and Niacinamide) to its customers globally. Its nutritional products business is backward integrated up to the initial raw

material stage with global scale of operations. Earlier on June 12, 2014, Jubilant had raised prices of vitamin B3 by 9

percent.

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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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• CONTACT NO. - (M) 9039777700, (0)0731-4094475