Download - Equity Reports for the Week(27th September - 1st October '10)

8/8/2019 Equity Reports for the Week(27th September - 1st October '10)

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W E E K L Y

STOCKS

REPORT

www.capitalvia.com

27th Sep 2010 to 02nd Oct 2010

R E S EA R C H

St rong Moment um Cont inues - Sensex Surpasses the 20 K!

20,000


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The bull run in the markets continued despite encountering prof it booking in previous two days, mainly due to FIIs remaining net buyers. The equitybenchmarks closed the week above their psychologically important levelsthe Sensex above 20,000 mark and Nift y above 6000 mark.

Foreign institut ional investors (FIIs) have been leading the markets since June 2010 taking the indices to their 32-month highs.

Foreign institut ional investors (FIIs) are in a buying spree in India. FII inflow in September 2010, totaled Rs 17,499.43 crore (ti ll 23 September 2010).FIIs had bought equities worth Rs 11,687.50 crore in August 2010. FII inflow in the calendar year 2010, totaled Rs 36994.53 crore (till 23 September2010).

The Nifty September futures, which will expire in next week, ended at 11.75 point s premium and October futures at 26.7 points premium. For theweek, Sensex and Nifty rallied 2.3% each.

WEEK WRAP

Asian stocks touched one-month highs on Monday and European bourses extended last week's rally, as investors bet a recent run of better-than-expected economic data meant the world was not going t o slide back into recession.

Japan was Asia's best performer, with the Nikkei climbing 2.1 percent and the broader Topix rising 1.8 percent. Traders said buying had gainedmomentum after the Nikkei broke above its 25-day moving average.

Hong Kong shares closed at their highest level in f ive months on Friday as property plays extended their recent strong run and new issues posted solidfirst-day gains.

The rally in Hong Kong developers lifted the benchmark Hang Seng index by 0.3 percent to its fourth successive weekly gain. For the week, the indexadvanced 0.7 percent. The benchmark has surged nearly 8 percent this month, but analysts believe further upside may be limited in the short term,noting it is now in overbought t erritory with its relative strength index (RSI) at 73.

ASIAN & EMERGING MARKET

U.S. stocks notched their fourth week of gains on Friday as investors used a rise in business spending to revive the September rally after three days of

losses. Economic data gave a mixed picture, but traders latched on to a rise in August business spending as the latest sign the recovery is on firmer

ground. That seemed to trump a lackluster report on new home sales in August.

For September, which is historically a weak month, the S&P 500 is up 9.5 percent. Investors said the need for money managers to boost quarter-end

performance bolstered buying.

Gold hit an all-time high above $1,300 an ounce as the dollar slid on ant icipation that the Federal Reserve would give a clearer signal soon to f inancial

markets speculating it would buy more government debt to help t he ailing U.S. economy.

Crude oil's front-month contract in New York settled up 1.7 percent on the day at $76.49 a barrel. For the week, it was up almost 4 percent, its best

showing since July 25.

The dollar hit a five-month low against t he euro and a three-week rally in global shares slowed after the Federal Reserve opened the door to moremonetary easing, signaling t he depth of its concern over weak growth.

US MARKET

27th Sep to 02nd Oct 2010

Indian bond yields hit six-week lows on Friday, as market sentiment was boosted by the government's decision to trim its October-March marketborrowing and raise the foreign investment cap on debt.

The Indian rupee posted its best weekly gain in three months on Friday and rose to a four-month peak, boosted by robust f oreign capital inf lows intoAsia's third-largest economy on the back of strong grow th prospects.

Foreigners have moved $4.5 billion into Indian shares this month, taking net investment so far in 2010 to $17.4 billion and helping the index gain14.8 percent.

MICRO ECONOMIC FRONT


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Weekly Open

Weekly Low

Weekly High

Weekly Close

Weekly Chg%

Weekly Chg Points

NIFTY Propert ies

20045.18

Close

5885.05

Shanghai Comp. 2591.55

DOW Jones 10860.26

5598.50

9471.67

3782.48

WorldIndices

Sensex

Nifty

FTSE

Nikkei

CAC 40

World Indices

BANK NIFTY

CNX NIFTY JUNIOR

S&P CNX 500

12545.90

12109.05

12773.25

12340.00

CN XIT

4894.85 4963.85

6488.20 6617.10

CNX MIDCAP

CNX 100

9193.40 9291.35

5861.85 5992.05

Sector ial Indices

Indices Open

Nifty

5885.05

6037.40

5885.05

6018.30

+2.26%

+133.25

Values

Weekly ChgPoints

+450.43

+133.25

-7.14

+252.41

+90

-154.42

+60.46

% CHG

+2.29%

+2.26%

-027%

2.23%

+1.63%

-1.60%

+1.62%

12506.60

12067.40

12691.30

12263.55

4871.80 4934.20

6488.20 6634.70

9076.45 9229.60

5861.85 5973.90

High Low Close




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Arrow Web

Alpha Geo

76.90 45.23

215.25 33.48

Nahar Poly 48.90 31.09

D-link India 50.25 34.53

Texmo Pipes 69.55

52.95

161.25

37.30

37.35

52.85 31.59

Gainers

Pearlpolymer

Gallantt Met

Aml Steel

32.15

20.80

37.90

Natl Oxygen 62.65

Ptl Enterpri 41.55

39.75

26.40

46.45

75.95

50.20

-19.11

-21.21

-18.40

-17.51

-17.23

Losers

24-Sep-2010 3043.60

23-Sep-2010 4630.30

2460.90

3124.90

582.60

1505.40

22-Sep-2010 6431.90

21-Sep-2010 4547.50

3119.30

2668.90

3312.60

1878.60

FIIs Investments

23-Sep-2010

22-Sep-2010

21-Sep-2010

20-Sep-2010

395.90

510.30

555.20

549.10

673.90

960.20

1,306.00

757.90

-278.00

-449.90

-750.80

-208.80

Scrip Current Close Change Chg %

Scrip Current Close Change Chg %

Indices Buy Value Sell Value Net Value

DIIs Investments

Indices Buy Value Sell Value Net Value

20-Sep-2010 5386.90 3671.10 1715.80



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Figure: 1 Nifty Weekly

Week Ahead - Spot Nifty

NIFTY FUTURE IS GETTING GOOD BUYING SUPPORT AT THE LOWER LEVELS AND LOOKING TECHNICALLY STRONG FOR

MORE FRESH UPMOVES. THE NEXT TECHNICAL RESISTANCE FOR NIFTY FUTURE SEEMS CLOSE TO THE LEVEL OF 6050.

DECISIVE CLSOING ABOVE THIS RESISTANCE ZONE MAY TAKE UP NIFTY FUTURE FOR THE LEVELS OF 6100, 1650 IN

NEAR RUN. THE IMMIDIAT SUPPORT FOR NIFTY FUTURE SEEMS CLOSE TO THE LEVELS OF 5935 TO 5945. DECISIVE

CLOSING BELOW THIS SUPPORT ZONE MAY SLIP IT TILL THE LOWER LEVELS OF 5895 TO 5900 IN NEAR RUN. FOR INTRA

DAY WE RECOMMEND LONG POSITION IN NIFTY FUTURE ABOVE 6050 FOR THE TARGETS OF 6100, 6150 WITH THE

INTRA DAY SL AROUND 5995.

Technicals

5969 5928 6062 6094Values

Support 1 Support 2 Resistance 1 Resistance 2Properties



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Figure: 1 Bank Nifty Weekly

Week Ahead - Bank Nif ty

BANK NIFTY FUTURE IS STILL MAINTAINING ABOVE 12000 FROM A WHILE. NOW TECHNICALLY LOOKING FOR MORE

GAINS FROM HERE. THE NEXT TECHNICAL RESISTANCE FOR BANK NIFTY FUTURE SEEMS CLOSE TO THE ZONE OF

12350 TO 12365. DECISIVE CLOSING ABOVE THIS RESISTANCE ZONE MAY TAKE UP IT TILL THE LEVEL OF 12500 IN

NEAR RUN.THE IMMDIATE SUPPORT FOR BANK NIFTY FUTURE SEEMS CLOSE TO THE LEVELS OF 12080 TO 12090.

DECISIVE CLOSING BELOW THIS SUPPORT ZONE MAY SLIP IT TILL THE LEVELS OF 11990, 11860 IN NEAR RUN

Technicals

12123 11984 12363 12464Values

Support 1 Support 2 Resistance 1 Resistance 2Properties



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Symbol REIAGROLTD (NSE)

STOCK

OFTHEWEEK

REI AGRO

Company Name REI AGRO LIM ITED

Change Rs. -0.05

Volume 2791113

52 Week High 64.25

% From High -1.13%

Day High 22.05

% of DAV 71%

EPS 1.85

Price Rs.21.80

BUY



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W H Y C A N S L I M ?

CAN SLIM is a formula created byWilliam J. O'Neil, who is the founder ofthe Investor' s Business Daily and authorof the book How t o Make Money inStocks - A Winning System in GoodTimes or Bad.

Each letter in CAN SLIM stands for one

of the seven chief characteristics thatare commonly found in the greatestwinning stocks. TheC-A-N-S-L-I-M.

characteristics are often present prior toa stock making a significant rise in price,and making huge profits for theshareholders!

O'Neil explains how he conducted anintensive study of 500 of the biggestwinners in the stock market from 1953to 1990. A model of each of thesecompanies was built and studied. Againand again, it was noticed that almost allof the biggest stock market winnershad very similar characteristics just

before they began their big moves.

Current Quarter Earning per Share. The Higher The Bett er.

Prim ary Fact or s

Source: sihl.in

Annual Earnings Increases: Look for a signif icant grow th.

Prim ary Fact or s

New Products, New M anagement, New Highs, Buying atRight Time.

Prim ary Fact or s

Supply and Demand: Shares Outstanding Plus Big Volume

Demand.

Prim ary Fact or s

Leader or Laggard: Which is your stock?

Prim ary Fact or s

Insti tu tional Sponsorship: Follow the Leaders.

Prim ary Fact or s

Market Direction

Prim ary Fact or s

C

A

N

S

L

I

M

Almost 90.24% increase fromprevious QoQ Earnings.

Annual Earnings showed anoutstanding growth of 158.08%YoY.

REI AGRO LIMITED is near to its High

and chances to have a good breakout

after a long consolidation phase.

REI AGRO LIMITED a mid cap stockconsisting of Rs. 672 crores SharesOutstanding (Total PublicShareholding)

REI AGRO LIMITED a leading stockwith a relative strength above 37.55% in Weekly and 51.85 % in Daily.

Approximately 25.25% Shareheld by the InstitutionalInvestors(FII s, Mutual Funds)

If Market continues to remain in asecular uptrend, hence overallconditions are appropriate to

initiate long position in the stock:A Big plus for the Stock

Key Stat ist ics



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Stock of the Week

RELIANCE AGRO IS IN A CONSOLIDATION PHASE AND IS MAKING A HEAD AND SHOULDER PATTERN WITH ALL THE

TECHNICAL INDICATORS SHOWING STRENGTH IN THE STOCK, IF IT BREAKS 22.50 ON THE HIGHER SIDE WE CAN

SEE NEXT LEVELS OF 23.50,25,27. SO WE RECOMMEND TO BUY IT ABOVE 22.50 FOR TARGETS OF 23.50,25,27

WITH STOP LOSS OF 21.45

Technicals

Technical Picture

Support

22.50

Resistance

21.45REI AGRO

Indices

R E S E A R C H



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Download - Equity Reports for the Week(27th September - 1st October '10)

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