Weekly Newsletter ly Newsletter-Equity

22-Aug Aug-2012

EQUITY ANALYSIS - WEEKLY WEEKL

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

MARKET WRAP
Nifty and Sensex both ended with moderate gains this week up 0.8%. U.S. Unemployment claims came at 366K; Core CPI m/m came at -0.1%. U.S. & Euro markets have made gains with Asian markets too were green.

Indian markets have now risen for three successive weeks, fueled by steady FII inflows
and amid expectations of some reforms going through. A surprise drop in inflation for July also raised hopes of a possible rate cut at next months RBI policy meeting. Data on indirect tax receipts and SEBIs measures to boost the capital markets also had a positive rub-off on the markets. Technically Nifty is getting support at lower levels, ongoing liquidity-powered uptrend may continue; Nifty may range 5180-5460 this week.

India's annual inflation

surprisingly slipped in July from the previous month, raising

expectations of monetary easing by the Reserve Bank of India (RBI) on July 31. Inflation, as measured by the wholesale price index (WPI), stood at 6.87% last month versus 7.25% in June. PMEAC cuts FY13 GDP growth forecast to 6.7%. Farm sector GDP projected to grow at 0.5% in 2012/13 due to the impact of weak monsoon on agriculture and the current reservoir storage position in 2012/13.

Globally, shares and the U.S. dollar advanced on Friday as apparent support from
German Chancellor Angela Merkel for European Central Bank intervention to calm the euro zone's debt troubles lifted investor sentiment for a second day. Eurozone gross domestic product (GDP) contracted by 0.2% in the second quarter of 2012 compared to the previous quarter, according to a preliminary reading published by Eurostat. The main indices could turn range bound and with no clear directional bias.

MARKET PERFORMANCE
NSE GAINERS
COMPANY NAME Tribhovandas Bhimji Great Offshore Sangam India Mangalore Chem Birla Power CURRENT 107.15 99.10 54.25 50.75 0.40 PREV. CLOSE(RS) 89.30 84.65 46.95 44.40 0.35 CANG.(RS) 17.85 14.45 7.30 6.35 0.05 CHAG.(%) 19.99 17.07 15.55 14.30 14.29

NSE LOSERS
COMPANY NAME Koutons Retail Paramount Print Kemrock Inds Indian Terrain Precision Pipes CURRENT 6.15 4.50 182.75 55.60 57.95 PREV. CLOSE(RS) 6.85 5.00 203.05 61.20 63.30 CANG.(RS) -0.70 -0.50 -20.30 -5.60 -5.35 CHAG.(%) -10.22 -10.00 -10.00 -9.15 -8.45

VOLUME TOPPERS
COMPANY NAME Kingfisher Airlines Lanco Infratech HDIL Shree Renuka Sugar Tata Motors CURRENT 9.75 12.35 82.50 33.70 240.20 PREV. CLOSE(RS) 9.95 12.50 83.90 32.10 235.45 CHAG.(%) -2.01 -1.20 -1.67 4.98 2.02

Volume in (000s)
37462.19 17148.19 14770.58 14187.42 12680.44

SECTORIAL INDICES
Indices
Hang Seng Jakarta Composite Nikkei 225 KLSE Composite Seoul Composite Strait Times FTSE 100 Nasdaq DJIA S&P 500

Country
Hong Kong Indonesia Japan Malaysia South Korea Singapore United Kingdom United States United States United States

Date
17-Aug-2012 17-Aug-2012 17-Aug-2012 17-Aug-2012 17-Aug-2012 17-Aug-2012 17-Aug-2012 17-Aug-2012 17-Aug-2012 17-Aug-2012

Index
20116.07 4160.51 9162.50 1649.79 1946.54 3062.11 5852.42 3076.59 13275.20 1418.16

Net Change
-20.05 18.95 271.06 4.43 0.14 7.91 5.31 55.73 67.25 12.29

Change (%)
-0.10 0.46 3.05 0.27 0.01 0.26 0.09 1.84 0.51 0.87

INDIAN EQUITY MARKET

INDICES
NIFTY BANK NIFTY SENSEX

VALUE
5366.30 10460.95 17691.08

CHANGE
45.90 36.25 133.34

% CHANGE
0.86 0.35 0.76

TECHNICAL VIEW
NIFTY WEEKLY PIVOT
INDICES NIFTY R4 5628 R3 5538 R2 5448 R1 5407 P 5355 S1 5317 S2 5268 S3 5179 S4 5088

OUTLOOK
Trend: - Consolidate Resistance: - 5460 5600 0, Support: - 5180, 503 5030 Strategy: - Buy on Dips

NIFTY WEEKLY

BANK NIFTY WEEKLY PIVOT

SCRIPT BANK NIFTY R4 11291 R3 11018 R2 10745 R1 10603 P 10472 S1 10330 S2 10199 S3 9926 S4 9655

OUTLOOK
Trend: - Consolidate Resistance: - 1070 11000 700, Support: - 10100, 9800 , Strategy: - Buy on Dips BANK NIFTY WEEKLY

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