market outlook report 19 november 2020 by imperial finsol pvt. ltd
DESCRIPTION
Stock market outlook reports with technical charts by Imperial FinsolTRANSCRIPT
MARKET OUTLOOK REPORT
Figure. Nifty50 Intraday chart
Index Previous close Open High Low Close Change %
Nifty 50 12938.25 12839.50 12963.00 12745.75 12771.70 -1.29%
Sensex 44180.05 43902.24 44230.00 43518.11 43599.96 -1.31%
Nifty Bank 29749.85 29302.60 29627.20 28819.55 28903.05 -2.85%
Again Nifty opened negative today at 12839.50 on 19th November 2020, after making a new all-time high of 12963 a big profit booking seen in the market in second half and made a new day Low of 12745.75 and nifty closed at 12771.70
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19th November 2020
Top Performing Sectors
IN TODAY’S BEARISH MARKET TWO SECTORS PERFORMED WELL, FMCG AND MEDIAIN WHICH UBL AND ITC GAINS MORE THEN 2% IN FMCG
FMCG
31085.20
+0.43%
MEDIA
1478.65
+0.26%
19th November 2020
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Top Trending News
FINANCE MINISTRY TO SC: SAYS 5.2T RUPEES GIVEN TO 13.12 CRORE ACCOUNTS || REQUEST NOT TO GIVE MORE RELIEF TO BORROWERS
DELHI GOVT: IMPLEMENTING FROM THURSDAY DECISION TO RESERVE 80% OF ICU BEDS IN PRIVATE HOSPITALS FOR COVID-19 PATIENTS
LOAN MORATORIUM CASE: SUPREME COURT DISPOSES OFF PETITIONS IN WHICH THE PETITIONERS ARE SATISFIED WITH COMPOUND INTEREST WAIVER
UFLEX: CO PROMOTER RELEASED PLEDGE OF 175,000 SHARES ON NOV.
TCS: KINGFISHER PLC EXPANDS STRATEGIC IT PARTNERSHIP WITH TCS.
ACC: ACC TO DIVEST UNIT TO GHADIYA GROUP FOR RS. 20 CR.
GPTINFRA: GPT INFRA BAGS ORDER VALUED AT RS. 162.83 CR.
LT: L&T BAGS ANOTHER MEGA CONTRACT FROM NHSRCL.
19th November 2020
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Stocks in Action
STOCK PRE.CLOSE OPEN HIGH LOW CLOSE
BAJAJHLDING 2750.95 2770.00 2999.00 2751.00 2878.85
BOSCHLTD 11501.75 11547.00 11979.95 11442.00 11927.55
POWERGRID 185.40 178.50 197.20 178.40 189.80
UBL 1029.55 1029.95 1076.75 1026.20 1052.15
ITC 184.05 182.80 191.80 182.70 187.90
NTPC 88.30 88.40 91.90 88.00 89.80
MCDOWELL-N 563.75 562.00 577.75 559.75 572.05
TATASTEEL 517.20 511.85 535.70 510.00 523.60
TITAN 1280.10 1278.55 1345.60 1270.05 1292.45
ABBOTINDIA 15096.20 15100.00 15299.00 15100.00 15238.65
19th November 2020
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Awaited Corporate Actions
SOLARA Active Pharma Sciences Limited (Interim Dividend Rs 4 Per Share 19th November)
PTC India Limited (Interim Dividend Rs 2 Per Share 19th November)
POLYPLEX Corporation Limited (Interim Dividend Rs 15 Per Share 19th November)
TTKPRESTIGE (Interim Dividend Rs 20 Per Share 19th November)
LOTUSEYE Eye Hospital and Institute Limited (AGM 19th November)
SHOPERSTOP (Rights17:70 @ Premium Rs 135/- 19th November)
UTIAMC (Dividend Rs 7 Per Share 19th November)
19th November 2020
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Top Picks for Tomorrow
TCS Sector: IT Software.
Important Parameters:
MARKET CAP PE EPS SALES GROWTH PROFIT GROWTH DEBT CASH 9,89,034.80 CR. 33.58 78.49 6.61% 25.33% 0 CR. 4,824 CR.
FUNDAMENTALS
The Company is Virtually Debt Free. The Company has a good ROE track record of 38.52%.
The Company has healthy Operating Margin of 28.45%.
TECHNICALS TCS made a double bottom pattern today and gives a gap up opening also test middle band of Bollinger band we can see a sharp reversal in tcs at this price.
Stock Current market price
Positional
target
TCS 2635 2800
19th November 2020
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SUNTV Sector: TV Broadcasting
Important Parameter
MARKET CAP PE EPS SALES GROWTH PROFIT GROWTH DEBT CASH 16,512.15 CR 13.18 31.77 -7.07% 40.30% 0.0 CR 528.82 CR
FUNDAMENTALS.
Company has a healthy Interest coverage ratio of 232.09. The Company has been maintaining an effective average operating margins of 68.10% in the last 5 years. The company has an efficient Cash Conversion Cycle of 73.77 days. Company has a healthy liquidity position with current ratio of 7.17. The company has a good cash flow management; CFO/PAT stands at 1.29.
The company has a high promoter holding of 75%.
TECHNICALS On charts Suntv gives h Sharp pullback movement in today’s bearish market from its bottom (Support) and hold its 200DMA.
Also MACD crossed 0 line on Day chart.
Stock Current
market price
Positional target
SUNTV 415 455
19th November 2020
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Disclaimer
This document has been prepared for IMPERIAL FINSOL PVT. LTD. by Mr. Praveen Dubey NISM (201800048686) is a Research Consultant for Imperial Finsol Pvt. Ltd. This Market Outlook is intended for use only by the person or entity to which it is addressed to. This Document may contain confidential and/or privileged material and is not for any type of circulation and any review, retransmission, or any other use is strictly prohibited. This Document is subject to changes without prior notice. This document does not constitute an offer to sell or solicitation for the purchase or sale of any financial instrument or as an official confirmation of any transaction. Though disseminated to all customers who are due to receive the same, not all customers may receive this report at the same time. Imperial Finsol Pvt. Ltd. Does not carry any responsibility in case to whomsoever using the information of this newsletter content and data
19th November 2020
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