Equity WEEKLY REPORT

28-nov-2016

'Trade House'
426 Alok Nagar ,
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INDIAN MARKET WEEKLY OUTLOOK

INDIAN INDICES WEEKLY
INDICES

GLOBAL MARKET WEEKLY

CLOSE

CHANGE (%)

DOW JONES

19152.14

1.50

NASDAQ

5398.92

1.22

CAC 40

4550.27

1.02

DAX

10699.27

0.33

FTSE 100

6840.75

0.96

8.81

NIKKEI

18381.22

2.3

3639.05

0.87

HANG SENG

22723.45

1.7

5694.60

2.11

SHANGHAI COM.

3261.49

2.14

CLOSE

CHANGE (%)

NIFTY

8114.30

0.50

SENSEX 30

26316.24

0.60

NIFTY 500

6960.75

0.80

NIFTY BANK

18507.30

-2.40

NIFTY IT

10114.90

NIFTY MIDCAP
NIFTY SMALL CAP

INDICES

INDIAN SECTORIAL INDICES WEEKLY

INDICES

CLOSE

CHANGE (%)

NIFTY PHARMA

11085

3.10

NIFTY AUTO

8780.40

NIFTY METAL
NIFTY FMCG

COMMODITY AND CURRENCY WEEKLY

CLOSE

CHANGE (%)

GOLD COMEX

1183

-2.06

-2.30

GOLD INDIAN

28613

-1.11

2757.45

SILVER COMEX

16.517

5.84

20157.15

SILVER INDIAN

40550

0.40

NIFTY ENERGY

9806.45

0.10

WTI CRUDE NY.

45.99

0.87

NIFTY INFRA

2707.05

-0.40

CRUDE INDIAN

3196

1.71

NIFTY FIN. SER.

7507.60

-0.99

USD-INR

68.43

0.38

NIFTY SER. SEC..

10400.50

0.77

EUR-INR

72.53

0.14

NIFTY MEDIA

2562.35

-0.25

GBP-INR

85.24

0.61

NIFTY REALTY

163.45

4.50

JPY-INR

60.68

-1.81

NIFTY WEEKLY TOP GAINERS

INDICES

SCRIPT

CLOSE

CHANGE (%)

TECH MAHINDRA

445.30

9.42

NIFTY WEEKLY TOP LOSERS

SCRIPT
CLOSE
CHANGE (%)
EICHER MOTORS
-7.20
20222.55

HINDALCO

18050

9.16

BHEL

126.75

-5.62

TCS

2300.35

8.25

M&M

1173

-5.39

LUPIN

1508.65

6.41

SBI

260.95

-5.38

WIPRO

464.75

6.31

BANK BARODA

167.90

-5.11

NIFTY WEEKLY OUTLOOK

Nifty 50 ended the week on a Positive note. Last
week that the index has closed just below the 200
Daily SMA. Support for the index lies in the zone
of 8000 to 8100 levels from where the index has
bounced couple of times in recent past and this
range is the strong support zone for the index. If
the index breaks below these levels on closing
basis for couple of days then the index can drift to
the levels of around 7500. The index has closed
just below the 200 Daily SMA. Support for the index lies in the zone of 7900 to 8000 Levels .
NIFTY WEEKLY
INDEX

CLOSE

CHANGE

CHG.(%)

NIFTY

8114.30

40.2

0.49

NIFTY BANK WEEKLY OUTLOOK

Nifty Bank ended the week on negative note
losing around 2.40%. As we have mentioned last
week that the index has closed just below the levels of 19000 to 19100 where medium term moving averages are lying. Support for the index lies
in the zone of 18400 to 18500 where the index
has taken support in the month of July-2016 &
August-2016. If the index manages to close below
these levels then the index can drift to the levels
of 18000 to 18100

NIFTY BANK WEEKLY

INDEX

CLOSE

CHANGE

CHG.(%)

NIFTY BANK

18507.30

-451.75

-2.38

WEEKLY STOCK RECOMMENDATION

WEEKLY STOCK FUTURE RECOMMENDATION
IBREALEST LTD Future (29-DEC-16) is
rising with strong volume and increasing
open interest. The stock is taking weekly support. Strong support lies around 57 level.
Daily chart we can see downside reversal in
India bulls Real Estate.
Buy IBREALEST LTD future above 72 keeping first target around 90 and second target
around 130 and maintaining a stoploss below
57.
IBREALEST (FUTURE)
ENTRY

TARGET

STOPLOSS

72

90

57

WEEKLY STOCK CASH RECOMMENDATION

SUDERSHAN CEHMICAL is moving in
st uptrend supported with high volumes.
The stock has performed well in market
and benchmark, getting strength from the
sector move and firm fundamentals of
company. Strong support lies around levels of 285-281.50.
Buy Sudershan chemical above 378 keeping first target around 393 and second target around 420 stoploss below 366.

SUDARSHAN CHEMICAL
ENTRY

TARGET

STOPLOSS

378

393

366

STOCK IN NEWS
TALWALKARS LTD

TRANSFORMERS AND RECTIFIERS

The board of directors, on November 24,

unanimously approved scheme of arrangement between Talkwalkars Better Value
Fitness (demerged company) and Talkwalkars Lifestyles (resulting company) & their
respective shareholders.

The company has been awarded the order

for 232 inverter duty transformers and 19
power transformers upto 110 kV Class
amounting to Rs 96 crore from Adani Group
for solar power project," as per company
release. The company has neither any interest in the entity that awared the order.

JAGRAN PRAKASHAN LTD

The board of directors of Music Broadcast

in a meeting, on November 24, has approved an initial public offering," the company said its filing. The IPO will comprise
of a fresh issue aggregating upto Rs 400
crore and an offer for sale by existing
shareholders
RS SOFTWARE

RS Software (India), an early bird in the

payment solutions business, is parting
ways with its key client, US financial services giant Visa Inc, from which it derived
more than 90 percent of its revenue for
years,"
IGL

Pune will be a potential opportunity for

the company to provide CNG to 2wheelers if trial results for 2-wheelers in
Delhi fructified well. Cng kits were
launched by officials of Maharashtra NG.

OIL INDIA

"The board of directors would consider issue of bonus shares in the board meeting
scheduled to be held on November 28,
2016," the company said in its filing. On the
same date, the board members will also approve unaudited financial results for the
quarter and half year ended September 30,
2016 (Q2) on standalone basis.
SUVEN LIFE SCIENCES

Shares of Suven Life Sciences advanced 2

percent intraday Tuesday as it has received
two product patents from China and Mexico. These patents from China and Mexico
are valid through 2032 and 2031 respectively, which are corresponding to the new
chemical entities (NCEs) for the treatment
of disorders associated with neurodegenerative diseases.

NIFTY STOCKS WEEKLY PIVOT TABLE

Resistance Zone

Last week price

Support Zone

Week
Close

Res-3

Res-2

Res-1

Pivot
Point

NIFTY

8114.3

8391.4

8256.8

8185.6

8051

7979.7

7845.1

7773.9

BANKNIFTY

18507.3

19843.7

19459.8

18983.6

18599.7

18123.4

17739.5

17263.3

SENSEX

26316.3

27160.2

26752.1

26534.2

26126.1

25908.2

25500.1

25282.2

ACC

1309

1422.3

1378.6

1343.8

1300.2

1265.4

1221.7

1186.9

AMBUJACEM

202.7

225.4

216.2

209.4

200.2

193.4

184.2

177.4

ASIANPAINT

944.1

1050

1007.9

976

933.9

902

859.9

828

AXISBANK

471.2

507.6

495.1

483.1

470.6

458.6

446.1

434.1

BAJAJ-AUTO

2610

2823.3

2740.7

2675.3

2592.7

2527.3

2444.7

2379.3

BANKBARODA

167.5

199.6

189.6

178.5

168.5

157.5

147.5

136.4

BHARTIARTL

301.3

321.3

314.8

308

301.5

294.8

288.3

281.5

BHEL

126.7

146.5

140.9

133.8

128.1

121

115.4

108.3

BPCL

638

672

659.7

648.9

636.6

625.8

613.5

602.7

CAIRN

243.8

290.6

270

256.9

236.3

223.1

202.5

189.4

CIPLA

567

605.1

587.5

577.3

559.7

549.4

531.8

521.6

COALINDIA

303.7

321.6

316

309.8

304.2

298.1

292.5

286.3

DRREDDY

3170

3352.3

3278

3224

3149.7

3095.7

3021.4

2967.4

GAIL

416.9

465.7

449.6

433.2

417.1

400.7

384.6

368.2

GRASIM

822.6

882.5

854.3

838.4

810.2

794.3

766.1

750.2

HCLTECH

799.3

882.2

847.1

823.2

788.1

764.2

729.1

705.2

HDFC

1251

1322.6

1289.9

1270.4

1237.7

1218.3

1185.6

1166.1

1186.1

1279.2

1249.4

1217.7

1187.9

1156.2

1126.4

1094.7

HEROMOTOCO

3057

3335.7

3215.2

3136.1

3015.6

2936.5

2816

2736.9

HINDALCO

180.1

219.9

202.4

191.2

173.7

162.5

145

133.8

HINDUNILVR

832.8

895

866.5

849.7

821.2

804.3

775.8

759

ICICIBANK

260.3

278.7

272.9

266.6

260.7

254.4

248.6

242.3

IDEA

73.8

78.6

76.3

75

72.7

71.5

69.2

67.9

IDFC

57.3

63.3

60.5

58.9

56.2

54.6

51.8

50.2

INDUSINDBK

1072

1179.1

1143.5

1107.8

1072.2

1036.5

1000.9

965.2

INFY

974.7

1082.2

1033.6

1004.2

955.6

926.1

877.5

848.1

228

240

235.2

231.6

226.9

223.3

218.5

214.9

KOTAKBANK

750.3

819.3

800.1

775.2

756

731.1

711.9

687

LT

1365

1475.5

1430

1397.5

1352.1

1319.6

1274.1

1241.6

1504.6

1679.9

1599.4

1552

1471.4

1424

1343.5

1296.1

1177

1323.2

1284.4

1230.7

1192

1138.3

1099.5

1045.8

Stock Name

HDFCBANK

ITC

LUPIN
M&M

Sup-1

Sup-2

Sup-3

NIFTY STOCKS WEEKLY PIVOT TABLE

Resistance Zone

Last week price

Support Zone

Week
Close

Res-3

Res-2

Res-1

Pivot
Point

MARUTI

4870

5209.6

5099.8

4984.9

4875.1

4760.2

4650.4

4535.5

NMDC

122.3

147

136.4

129.3

118.7

111.6

101

93.9

NTPC

160.9

176.7

169.6

165.2

158.1

153.7

146.6

142.2

ONGC

278.2

294.4

289

283.6

278.1

272.7

267.3

261.9

PNB

140.1

167

159.1

149.6

141.7

132.2

124.3

114.8

POWERGRID

188.1

208.7

201.2

194.6

187.1

180.6

173.1

166.5

993

1036.6

1023.5

1008.3

995.2

980

966.9

951.7

SBIN

260.9

301.7

289.7

275.3

263.2

248.8

236.8

222.4

SUNPHARMA

712.5

768.6

742.8

727.6

701.8

686.7

660.9

645.7

TATAMOTORS

454.8

504.5

489.9

472.4

457.8

440.2

425.6

408.1

TATAPOWER

70.1

74

72.4

71.2

69.6

68.5

66.9

65.7

TATASTEEL

408

472.8

443.1

425.6

395.9

378.4

348.7

331.2

TCS

2299.8

2572

2439.6

2369.7

2237.4

2167.5

2035.1

1965.2

TECHM

485.4

551.6

520.5

503

471.9

454.4

423.3

405.8

ULTRACEMCO

3494.1

3779.3

3644.6

3569.3

3434.7

3359.4

3224.7

3149.4

VEDANTA

222.6

272.6

250.5

236.6

214.5

200.5

178.4

164.5

WIPRO

463.9

504.6

485.8

474.8

456

445

426.2

415.2

YESBANK

1164.1

1301.6

1246.5

1205.3

1150.2

1109

1053.9

1012.7

438

491.7

477.4

457.7

443.5

423.8

409.5

389.8

Stock Name

RELIANCE

ZEEL

Sup-1

Sup-2

Sup-3

OUR MONTHLY RECOMMENDATIONS

SCRIP
SCRIP

RECOM
RECOM

ENTRY
ENTRY

TGT-1
TGT-1

TGT-2
TGT-2

STOPLOSS
STOPLOSS

STATUS
STATUS

MARUTI
MARUTI SUZUKI
SUZUKI

BUY
BUY

5865
5510

6250
5800

6700
6300

5650
5150

OPEN
OPEN POSITION
POSITION

MBLIDFC
INFRA

BUY
BUY

65
102.50

70
120

75
140

60
87

OPEN
OPEN POSITION
POSITION

ENGINEERS
BHEL INDIA
HCC
HCC

BUY
BUY
BUY
BUY

255
136
36.20
34.60

270
145
39.75
39.60

290
157
45
45

235
124
31.50
31.50

1ST TARGET
OPEN
POSITION
STOPLOSS
OPEN
POSITION

DABUR
TATA
ELXSI

BUY

302
1450

315
1550

340
1650

286
1360

STOPLOSS
OPEN
POSITION

HERO MOTOCORP
SBIN

BUY

3400
252.50

3500
270

3650
292

3330
235

OPEN POSITION

TECH
MAHINDRA
TATASTEEL

BUY

440
380

465
407

490
440

415
357.50

STOPLOSS
OPEN
POSITION

M&M
AXIS
BANK

BUY

1415
541

1470
580

1550
620

512

OPEN POSITION

INFOSYS
RANE
MADRAS

BUY

1065
490

1150
530

1270
570

1020
450

OPEN POSITION

INDUSIND
BANK
EXIDE IND

BUY

1260
185

1350
197

1470
210

1178
177

OPEN POSITION

HDFC BANK
UNION
BANK

BUY

1270
137.70

1320
146

1380
160

1230
129

STOPLOSS
OPEN
POSITION

RELIANCEVEDANTA
COMMUNICATION

BUY

227
47.80

260
51

320
55

190
45.20

OPEN POSITION

DISCLAIMER
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as investment or financial advice. Each recipient of this document should make such investigations as they deem necessary to arrive at an independent evaluation of an investment in the securities of the companies referred to in this document including the merits and risks involved,
and should consult their own advisors to determine the merits and risks of such an investment.
Reports based on technical and derivative analysis center on studying charts of a stock's price
movement, outstanding positions and trading volume. The information in this document has
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