NIFTY SENSEX BANK NIFTY
HIGH 6317 21231 11428
LOW 6287 21123 11317
9547
9468
Wednesday, January 01, 2014
CNX IT
NIFTY (6304) : Nifty had made a Bearish Engulfing candlestick pattern on daily charts on Monday and now the index has formed a Bearish Harami Cross candlestick pattern on daily
charts. The index could be staring at lower levels once 6260 is broken on the down side. For the day, if the index crosses 6340 and sustains above it for some time only then an up move
towards 6360 is possible. However, if the index fails to cross 6330 and slides lower, then some more profit taking towards 6230 cannot be ruled out either. As we enter the New Year
2014 we would like to wish our highly esteemed clients and readers a very happy and a prosperous New Year 2014.
FROM THE RETAIL RESEARCH DESKMARKET OUTLOOK
CNX NIFTY COMMENTS
PIVOT TABLES&P BSE~SENSEX
SENSEX (21171): SENSEX has been trading in a very tight range for the past 6
trading sessions and closed higher by 28 odd points. The index has been facing
a stiff resistance along the rising trend line at levels around 21200-21250 too.
The index has good support around 21100-21000 levels and holding onto
these levels for the next few days could take the markets higher towards
21480-21500. Failing to hold onto current levels could drag the markets much
lower than expected from current levels.
LOW 6287 21123 11317
CLOSE 6304 21170 11391
PIVOT 6303 21174 11379
R 1 6318 21226 11441
R 2 6333 21283 11490
S 1 6288 21118 11329
S 2 6273 21066 11267
9468
9516
9510
9552
9589
9473
9431
Wednesday, January 01, 2014
BUY ASHOK LEYLAND
EXECUTION PRICE RANGE
16.90-17.00
BUY LIC HOUSING FIN
215-217
EXECUTION PRICE RANGE
16.60
TARGET
TARGET
TECHNICAL CALLS
224.50
STOP LOSS
BUY LIC HOUSING FIN Rs.219 : LIC HOUSING FINANCE has
broken out above the falling channel and now looks good to
target 235-240 in the days to come. The stock is trading above
most major moving averages and has witnessed good buying
volumes in yesterdays trading session, which suggests strength.
STOP LOSS
BUY ASHOK LEYLAND Rs.17.25: ASHOK LEYLAND has been
consolidating around 16.50-17.50 for quite some time now and
now the stock is showing promise to move towards 19-20 levels
in the days to come as it is trading above most moving averages.
Strength indicators also suggest that there is some more upside
left in the stock to move higher.
211.00
17.65
INDICES CLOSE
SENSEX 21170
NIFTY 6304 CLOSE % SYMBOL CLOSE %
54.5 3.12 IDFC 109.9 4.72
91.4 2.81 JPASSOCIATES 54.5 3.13
INDICES CLOSE 559.1 1.26 TATA POWER 91.1 2.53
DOW JONES 16504 894.8 1.06 HCL TECH 1265.7 1.52
S&P 500 1841 122.5 0.66 WIPRO 559.0 1.35
FTSE 6755
CAC 40 4286
DAX 9552
CLOSE % SYMBOL CLOSE %
176.5 -1.62 BHEL 176.2 -1.78
INDICES CLOSE 1763.0 -0.78 M&M 942.1 -0.67
SHANGHAI * 2116 261.0 -0.78 TATA STEEL 423.1 -0.59
HANG SENG* 23306 943.5 -0.63 INFY 3482.6 -0.56
NIKKEI* 16291 665.8 -0.58 KOTAK BANK 727.7 -0.56
STRAIT TIMES* 3167
KOSPI* 2011
CLOSE % SYMBOL CLOSE %
31.1 19.85 C Mahendra Exports Ltd228.8 -8.35
Rs. (Cr.) YEST'DAY 19.7 18.85 MVL Ltd 1.5 -4.94
BSE Cash 2561 161.6 9.97 Consolidated Construction Consortium Ltd4.0 -4.82
NSE Cash 7915 4.3 9.77 Mercator Lines Ltd19.8 -4.82
Derviatives(bn) 669 31.2 8.52 Karuturi Global Ltd1.3 -4.32
38.1 7.64 Bilcare Ltd 44.5 -4.10
DII Equity -207 13.8 7.48 TVS Motor Co Ltd76.0 -3.80
FII Equity 116 16.8 7.37 Shree Global Tradefin Ltd33.6 -3.59
FII F&O 628 77.7 7.10 Prakash Industries Ltd42.0 -3.45
28.1 7.05 SKS Microfinance Ltd189.1 -3.13
SYMBOL
ADVANCES & DECLINES
Hindalco
GTL Ltd
DEN Networks Ltd
Kingfisher Airlines Ltd
Jyoti Structures Ltd
Orbit Corp Ltd
PTC India Financial Services Ltd
TOP OUTPERFORMERS
NIFTYSENSEX
JP Asso.
TOP OUTPERFORMERS
United Breweries Holdings Ltd
Jindal Steel
M&M
Wednesday, January 01, 2014
Reliance Inds.
-37.23
ASIAN INDICES
Opto Circuits India Ltd
% CHG
39.85
PREV.DAY
18.45
61.52
HDFC Bank
BHEL
Maruti
Future Retail Ltd
Ruchi Soya Industries Ltd
0.21
AMERICAN & EUROPEAN INDICES
% CHG
0.16
CHANGE
25.88
12.90
BSE 500
SYMBOL
0.35
0.23
TOP UNDERPERFORMERS
SYMBOL
NIFTYSENSEX
8660
23.44
9.99
-0.02-0.33
-60.76
1831
14.14
CHANGE
-8.60
13.56
INSTITUTIONAL ACTIVITIES29.59
% CHG
0.88
0.26
0.69
-0.39
589
% CHG
Wipro
0.13
INDIAN INDICES
TOP UNDERPERFORMERS9.06 0.45
* Last updated at 4 p.m. on
296
-632
CHANGE
26.92
Tata power
TURNOVER & MARKET CAP
-199.31
0.45
112.37
Tuesday, December 31, 2013
-160
28.1 7.05 SKS Microfinance Ltd189.1 -3.13
EXCHANGE ADV
BSE 1501
NSE 828 CLOSE % INDICES CLOSE %
11391 0.14 BSE MIDcap 6701 0.66
9516 0.17 BSE SmallCap 6550 0.31
CNX Reality 184 0.14 BSE 200 2530 0.27
ADR CLOSE CNX FMCG 16998 -0.13
Infosys 58.25 CNX Infra 2476 0.44 8.83
Tata Motor 30.43 CNX Pharma 7629 0.11 RS/$ 61.83
Tata Comm. 6.62 BSE Auto 12250 -0.02 $ Index 80.11
HDFC Bank 34.38 BSE Metal 9959 -0.26 Brent Crude ($) 111.36
Wipro 12.54 CNX MNC 6237 -0.34 Gold ($) 1202.24
ICICI Bank 37.11 BSE 500 7828 0.28 Silver ($) 19.53
Sterlite Inds. 13.39 Nifty Midcap 2302 0.46 PE CURRENT AVGDr. Reddy's Lab 41.13 Nifty JNR. 12922 0.33 SENSEX 16.8 19.7
6326 0.23 NIFTY 18.0 19.7
INDIAN ADR's
10 Yr Gsec yield
ADVANCES & DECLINESSECTORAL INDICES
560
Opto Circuits India Ltd
BSE 100
BSE NSEDECLINES
2672
PREV.CLOSE
56.54
TOTAL
1388 INDICES
CNX Bank
CNX IT
OTHER IMP.DATA
1171
-2.94
% CHG
-0.38
-0.07
-0.51
30.65
#N/A N/A
34.78
0.72
#VALUE!
1.16
12.51
36.97
13.38
-0.24
40.92
SCRIP NAME OPEN HIGH LOW CLOSE PIVOT R 2 S 1 S 2 TRENDER+
ACC 1100 1112 1095 1108 1105 1122 1098 1088 DownAMBUJA CEMENT 183 183 181 183 182 184 181 180 UPASIAN PAINTS 487 493 487 490 490 496 487 484 FlatAXIS BANK 1292 1303 1276 1300 1293 1319 1283 1267 UPBAJAJ AUTO 1906 1922 1901 1905 1909 1930 1897 1889 UPBHARTI AIRTEL 330 333 326 330 330 337 327 323 DownBHEL 181 181 175 176 177 183 174 172 DownBPCL 350 354 347 348 350 358 345 342 UPCAIRN INDIA 325 326 323 323 324 327 322 321 UPCIPLA 403 404 399 401 401 407 399 396 UPCOAL INDIA 292 294 289 290 291 296 288 287 UPDLF 167 168 165 167 166 170 165 163 DownDr.REDDY'S LABS 2532 2550 2520 2535 2535 2565 2520 2505 UPGAIL INDIA 342 345 340 343 343 348 341 338 DownGRASIM INDS 2706 2748 2706 2715 2723 2764 2698 2682 UPHCL TECH 1252 1268 1238 1266 1257 1287 1247 1227 UPHDFC 800 802 791 798 797 808 792 785 FlatHDFC BANK 672 672 660 668 667 679 661 654 FlatHERO MOTOCORP 2075 2088 2066 2077 2077 2099 2066 2055 DownHINDALCO 122 123 121 123 122 124 121 120 UPHINDUSTAN UNILEVER 577 577 568 572 572 581 568 564 UPICICI BANK 1101 1109 1094 1098 1100 1115 1092 1086 DownIDFC 106 110 105 110 108 113 107 104 UPINDUSIND BANK 416 423 416 420 420 426 416 413 DownINFOSYS 3500 3522 3480 3483 3495 3536 3468 3453 DownITC 323 324 320 321 322 325 320 318 DownJINDAL STEEL & PWR 264 265 258 261 261 268 258 255 DownJP ASSOCIATES 53 55 53 54 54 56 53 52 UPKOTAK MAHINDRA BANK 735 735 726 728 729 739 724 720 DownLARSEN & TOUBRO 1064 1074 1063 1071 1069 1080 1065 1058 DownMAHINDRA & MAHINDRA 955 958 940 942 947 965 935 928 DownMARUTI SUZUKI 1780 1785 1758 1763 1769 1796 1752 1741 DownNMDC 144 145 141 142 143 147 141 139 UPNTPC 137 137 136 137 137 138 136 135 DownONGC 291 292 288 289 290 294 287 285 DownPOWERGRID 99 100 99 100 100 101 99 98 UPPUNJAB NATIONAL BANK 630 632 622 626 627 636 622 617 DownRANBAXY LABS 455 459 452 454 455 462 451 448 Down
Wednesday, January 01, 2014
1310
1115 1118 - 1102
1918
954
1075
334
180
353
325
404
293
168
111
2550
345
458
631
100
183
292
137
145
1779
2740
673
3510
323
264
55
733
2088
123
577
423
1107
731 - 722
263 - 256
56 - 54
112 - 108
1077 - 1067
950 - 932
1774 - 1747
144 - 140
629 - 619
1282 - 1252
325 - 321
2752 - 2711
1103 - 1089
3502 - 3460
323 - 319
351 - 343
425 - 418
1315 - 1288
2093 - 2072
124 - 122
1914 - 1893
336 - 328
2557 - 2527
346 - 342
1276
138 - 136
575 - 566
167 - 164
670 - 658
R 1
493
803
DAILY PROJECTED RANGE
800 - 789
403 - 397
292 - 287
179 - 173
291 - 286
100 - 99
456 - 449
TRENDER+ OF NIFTY 50 STOCKS
494 - 488
183 - 181
RANBAXY LABS 455 459 452 454 455 462 451 448 DownRELIANCE INDS 888 898 886 894 893 905 887 881 UPRELIANCE POWER 74 74 72 73 73 75 72 72 UPSAIL 73 74 72 72 73 74 72 71 UPSBI 1759 1773 1750 1761 1761 1785 1750 1738 DownSIEMENS 665 675 655 661 664 684 652 643 DownSUNPHARMA 570 573 566 568 569 576 564 561 DownTATA MOTORS 374 378 374 377 376 380 374 372 FlatTATA POWER 89 92 89 91 91 94 89 87 UPTATA STEEL 426 427 422 423 424 429 421 419 DownTCS 2160 2185 2151 2174 2170 2204 2155 2136 UPWIPRO 555 562 549 559 557 569 552 544 UP564
899
673
1773
73
74
458
2189
426
93
378
572
566 - 554
668 - 648
425 - 420
379 - 375
73 - 72
73 - 71
2197 - 2163
1779 - 1756
570 - 563
93 - 90
456 - 449
902 - 890
HOW TO TRADE USING THE TRENDER+
Wednesday, January 01, 2014
Trend is the level at which the tendency of stocks can be identified. For best results, you can use the 'trender' to trade. A 'weak' trend denoted by “DOWN” means that traders can trade with a negative bias. If the trend is 'strong',denoted by “UP”, one can trade with a positive bias on the long side. Base price should be the pivot point price.
IF THE TREND IS UP
CLOSING PRICESClosing price is the price at which scrip closes on the date mentioned in the report. Traders may initiate their intraday trade on this level. The stock or index should sustain above or below the pivot else you should exit the trade.
TREND
TRENDER + : This is a broad based technical trend of the stock prevailant, may or may not be necessarily for the day.
Ideally, for a sell position, sell at the pivot point and use R1 as a stop loss and S2 or lower levels as a target level.
IF THE TREND IS DOWN
Ideally, for a buy position, buy at the pivot point and use S1 as the stop loss for a target of levels around R2 and higher.
THE TREND AND THE DAILY PROJECTED RANGE IS BASED ON CERTAIN SIMPLE CALCULATIONS WHICH IS PROVIDED BY BLOOMBERG, EXCLUSIVELY USED BY
DAILY PROJECTED RANGE : Projected Daily high and low are indicative range for the day, if the price moves out of the range the trend in that side may accelerate and turn bullish or bearish.
Tel No: +91 22 4001 3700 | Fax No: +91 22 4001 3770 | Website: www.rathi.com
ANAND RATHI SHARE AND STOCK BROKERS LIMITED 4 th Floor , Silver Metropolis, Jaicoach Compound Opposite Bimbisar Nagar,Goregaon(East), Mumbai - 400063.
THE TREND AND THE DAILY PROJECTED RANGE IS BASED ON CERTAIN SIMPLE CALCULATIONS WHICH IS PROVIDED BY BLOOMBERG, EXCLUSIVELY USED BY ANAND RATHI ~ RETAIL RESEARCH.
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or investment strategies discussed or recommended in this report and should understand that statements regarding future prospects may not be realized. Investors should note that income from such securities, if any, may fluctuate and that each security's price or
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