Weekly newsletter equity 21 jan2013

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Weekly Newsletter-Equity 21 - Jan - 2013 EQUITY ANALYSIS - WEEKL Y

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Transcript of Weekly newsletter equity 21 jan2013

Page 1: Weekly newsletter equity 21 jan2013

Weekly Newsletter-Equity

21-Jan-2013

EQUITY ANALYSIS - WEEKLY

Page 2: Weekly newsletter equity 21 jan2013

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: Weekly newsletter equity 21 jan2013

MARKET WRAP

Nifty and Sensex were closed green; gained 1.90%, 1.91% resp. this week.

Retail Sales m/m 0.5% and US Unemployment Claim at 335K.

US & Euro markets were green; Asian markets were mixed last week.

Indian equity markets benchmark ended High on Friday; on this week the Sensex and

Nifty were green, Major indices which were up such like IT Index (up 2.5%), Oil & Gas

Index (up 8.9%),Realty Sector (up 7.7%) and Top gainers are ONGC (up 15.5%), DLF

(up 14%), NTPC Ltd (up 7.7%), Bharti Airtel (up 7.3%) and Reliance Inds (up 7.2%),

Sobha Developers (up 8.3%).Technically Nifty may expected to up from this point or a

short term range bound movement this week; Nifty this week may range 6230-5650.

This week, main indices advanced led by gains in oil companies following a partial

decontrol of diesel pricing. Indian shares rose on Friday, led by gains in state-owned oil

and gas companies such as ONGC, which surged for a second consecutive session

after the govt.’s diesel price hike was seen reducing their subsidy burden. Also govt.

raised railway fare which will be effective from 21st Jan. The annual rate of inflation,

based on monthly WPI, stood at 7.18% for the month of December, 2012.

The S&P 500 has Positive this week’s it was a hair below its five-year closing high on

Thursday but was still poised to eke out a weekly increase of 1.33 percent. The major

indices showed this week a bullish trend, with the Dow jones up nearly by 1.60 percent,

and the Nasdaq Composite Index gained 1.07 percent to end at 3,134.71. The Indian

rupee strengthened to its highest level in two-and-a-half months on Friday The rupee is

trading at 53.92/93, close to the day's high of 53.85, its highest since November 2 and

higher compared to its previous close of 54.3850/3950.

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MARKET PERFORMANCE

NSE GAINERS

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

DPSC 28.45 19.30 9.15 47.41

Ranklin Solutions 8.50 6.10 2.40 39.34

Sandesh 354.85 275.85 79.00 28.64

Indian Oil Corp. 349.30 284.75 64.55 22.67

Excel Infoways 30.00 24.95 5.05 20.24

NSE LOSERS

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

IOL Netcom 2.70 4.50 -1.80 -40.00

Arshiya Internatl. 48.80 70.15 -21.35 -30.43

Tulip Telecom 23.65 30.40 -6.75 -22.20

Hotel Rugby 16.65 21.40 -4.75 -22.20

Ashco Niulab Inds 0.55 0.70 -0.15 -21.43

VOLUME TOPPERS

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

(‘000s)

Unitech 38.80 38.85 -0.13 38533.12

ONGC 337.70 314.45 7.39 23739.13

Suzlon Energy 19.00 19.40 -2.06 18395.45

JP Associate 89.90 91.55 -1.80 17975.15

NHPC 26.05 25.55 1.96 17120.40

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SECTORIAL INDICES

Indices Country Date Index Net Change Change (%)

Hang Seng Hong Kong 21-Jan-2013 23,601.78 270.69 1.16

Jakarta Composite

Indonesia 21-Jan-2013 4,465.48 55.46 1.26

Nikkei 225 Japan 21-Jan-2013 10,913.30 225.19 2.11

KLSE Composite

Malaysia 21-Jan-2013 1681.09 -11.56 -0.68

Seoul Composite

South Korea 21-Jan-2013 1974.27 -45.14 -2.24

Strait Times Singapore 21-Jan-2013 3,211.22 -14.00 -0.43

FTSE 100 United

Kingdom 21-Jan-2013 6,154.41 64.57 1.06

Nasdaq United States

21-Jan-2013 3,134.71 33.05 1.07

DJIA United States

21-Jan-2013 13,649.70 214.49 1.60

S&P 500 United States

21-Jan-2013 1,485.98 19.51 1.33

INDIAN EQUITY MARKET

INDICES VALUE CHANGE % CHANGE

NIFTY 6064.40 113.10 1.90

BANK NIFTY 12712.80 62.80 0.50

SENSEX 20039.04 375.40 1.91

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TECHNICAL VIEW

NIFTY

WEEKLY PIVOT

INDICES R4 R3 R2 R1 P S1 S2 S3 S4

NIFTY 6399 6278 6157 6111 6036 5990 5915 5794 5673

OUTLOOK

Trend: -Consolidate

Resistance: - 6180, 6280

Support: -5930, 5800

Strategy: - Buy On Dips

NIFTY WEEKLY

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BANK NIFTY

WEEKLY PIVOT

SCRIPT R4 R3 R2 R1 P S1 S2 S3 S4

BANK NIFTY 13847 13487 13127 12920 12767 12560 12407 12047 11687

OUTLOOK

Trend:- Consolidate

Resistance: - 13120, 13550

Support: - 12450, 12000

Strategy: - Buy On Dips

BANK NIFTY WEEKLY

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