stock reports for the week

8/9/2019 Stock Reports for the Week

1/9

WEEKLYSTOCKS REPORT

Bulli sh Rally Mystif ied Everyone !!22nd March 2010 to 27th Mar 2010

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2/9

R E S E A R C H

www.capitalvia.com | 2

Stocks Weekly Report22nd March to 27th Mar 2010

WEEK WRAPIt was another day of positive consolidation for the markets. Theindices flitted between the red and green and closed marginallyhigher. Good global cues helped the Nifty hold on above the 5,250mark. The Nifty closed at 5,262, up 16 points. The Sensex shut shopat 17,578, up 58 points. The markets clocked fairly good volumes.Turnover for the day was around Rs 94,000 crore.

The benchmark Nifty ended the day with modest gains, but rose2.5% this week. The index strengthened a bit in the last one hour oftrade.

Oil & gas exploration, power, cement, auto and telecom stocks alongwith SBI, HUL, HDFC Bank, SAIL, PNB, Tata Steel, Cipla, L&T andJaiprakash Associates helped the Nifty to close above the 5250 level.

The 30-share BSE Sensex closed at 17,578.23, up 58.97 points andthe Nifty rose 16.90 points to 5260.05, after trading in a day's rangeof 17,502.14-17,600.87 and 5237-5269.95, respectively.

ASIAN & EMERGING MARKETAsian stocks rose for a fourth week after the U.S. Federal Reservepledged to keep borrowing costs near zero for an extended periodand as the Bank of Japan expanded a bank-loan program.

India's central bank will probably raise interest rates again next monthas the first increase in two years is only the initial step in the battleagainst inflation, BNP Paribas SA and Standard Chartered Plc said.

Japan's bonds fell for a third week as signs the world's second-largesteconomy is recovering damped demand for the safety of governmentdebt.

The threat to China's economy from inflation is not particularly bigat the moment and is of less concern than tackling asset-pricebubbles, said Fan Gang, an adviser to the People's Bank of China.

Google Inc. would probably be unable to return to China should itwithdraw from the market instead of abiding by the country'scensorship laws, a former executive at the company said.

WorldIndices

Sensex

Nifty

Shanghai Com.

CAC 40

FTSE

Nikkei

DOW Jones

17578.23

5274.70

3925.44

5650.10

10714.98

Close

10824.72

3067.75

Weekly ChgPoints

411.61

152.05

+1.96

+24.05

+73.46

+54.34

+117.29

% CHG

1.34%

2.96%

-0.04%

+0.43%

+0.68%

+1.80%

+1.10%

NIFTY Properties

Weekly Open

Weekly Low

Weekly High

Weekly Close

Weekly Chg%

5122.20

5105.50

5281.90

5274.70

2.97%

Values

Weekly Chg Points 152.05

MICRO ECONOMIC FRONTIndia's central bank bought 100 million rupees of bonds and sold thesame amount of debt in the week to Feb. 12, it said in its weeklystatistical supplement on Friday.

India's federal government did not borrow any funds from the centralbank in the week ended March 12, the Reserve Bank of India said in itsweekly statistical supplement on Friday.

India's foreign exchange reserves rose to $279.708bilion as on Mar. 5, from $278.431 billion a week earlier, the centralbank said in its weekly statistical supplement on Friday

A top Indian official expressed concern on Thursday about China's

exchange rate policy, which he said created problems for Indianexporters.

The World Bank on Thursday approved a record $1.05 billion creditline to help get more children into schools in India, the largest everinvestment in education by the poverty-fighting institution.

US MARKETU.S. stocks declined, ending an eight-day winning streak for the DowJones Industrial Average, as India's unexpected interest rate boostspurred speculation withdrawals of economic stimulus will curtailglobal growth.

The Federal Reserve Board must disclose documents identifyingfinancial firms that might have collapsed without the largest U.S.government bailout ever, a federal appeals court said.

The Federal Reserve Board removed an exemption it had given to sixbanks at the start of the crisis in 2007 aimed at boosting liquidity infinancing markets for securities backed by mortgage- and asset-backed securities.

Former Federal Reserve Chairman Alan Greenspan said the central

bank and other U.S. regulators failed during the financial crisisbecause they became too complacent about risks.

Hawaii State Auditor Marion M. Higa found lax management of thestate's treasury led to a $1 billion investment in auction-rate securitiesthat will result in $254 million in writedowns


3/9

R E S E A R C H



Sectorial IndicesIndices

BANK NIFTY

CNX NIFTY JUNIOR

S&P CNX 500

Open

10534.00

9118.20

High

10634.10

9294.20

10413.10

8986.75

Low Close

10607.00

9270.80

CN XIT

4237.45 4324.50 4221.05 4324.00

5980.65 6189.60 5906.50 6145.45

CNX MIDCAP

CNX 100

2641.80 2692.15 2610.85 2684.00

5076.65 5191.60 5037.60 5186.55

GainersScripUsha Mart Info

Sejal Archit

Se Invest

Current Close

71.70

36.75

47.95

23.75Change Chg %

49.53

54.73

575.30 410.60 40.11

GKB Ophthalm 50.25 37.35 34.53

Losers

DIIs Investments

17-MAR-2010

18-MAR-2010

Indices

Piramal Life 106.95 81.30 31.54

FIIs Investments

Scrip

Sujana Metal

SEL Manufact

BF Utilities

Current Close

67.35

25.50

83.55

36.50

Change Chg %

-19.38

-30.13

956.75 1178.20 -18.79

Gemini Commun 26.00 31.80 -18.23

Simbholi Sugr 51.80 62.70 -17.38

Buy Value Sell Value Net Value

Indices Buy Value Sell Value Net Value

491.20 543.40 -52.20

805.90 773.10 32.80

18-MAR-2010

19-MAR-2010

17-MAR-2010

15-MAR-2010

2633.50 1922.80 710.70

2819.20 1647.80 1171.404410.70 3048.90 1352.80

2550.90 2162.00 388.90

16-MAR-2010 567.90 745.10 -177.20

15-MAR-2010 340.10 577.50 -237.40


4/9

R E S E A R C H

WEEK AHEAD


Figure: 1 Nifty Weekly

TECHNICALS

NIFTY MADE THE NEW HIGH TODAY AND ALSO HOLD THELEVEL OF 5250. IN THE NIFYT THE MAJOR RESISTANCEZONE IS 5300 TO 5305. WE COULD SEE THAT MARKETCOULD STAY AT THAT POINT FOR SOME TIME. CLOSINGABOVE THAT COULD TAKE IT THE NIFTY FUTURE TILL 5370IN SHORT TERM.WE RECOMMEND THAT TRADERS NEEDTO BE CAUTIOUS CLOSE TO THE LEVEL OF 5300 FORTAKING NEW LONG POSITION.THE INTRA DAY SUPPORT ISSEEMS TO BE AT THE LEVEL OF 5200 TO 5210. THE KEYSUPPORT BASE FOR NIFTY FUTURE IS IN THE RANGE OF4990 TO 5000.

PropertiesSupport 1 5215

5145

5305

5375

Values

Support 2

Resistance 1

Resistance 2

Spot Nifty



5/9

R E S E A R C H


WEEK AHEAD

Bank Nifty

TECHNICALS

BANK NIFTY IS NOT GETTING THE GOOD VOLUMEACCUMULATION ON HIGHER LEVELS AND MOST OF THEKEY COUNTERS ARE ALSO NOT SUPPORTING THE UPSIDERALLY. IN THE BANK NIFTY THE KEY RESISTANCE ARE 9348& 9392, IF IT CLOSE ABOVE THESE WE MIGHT EXPECT THELEVEL OF 9575 TO 9600 IN NEAR TERM.IN THE DOWNSIDEWE COULD SEE THE GOOD SUPPORT BASE AT THE LEVELOF 9000.

PropertiesSupport 1 9150

9000

9348

9392

Values

Support 2

Resistance 1

Resistance 2


Figure: 1 Bank Nifty Weekly


6/9

STOCK OF THE WEEK

R E S E A R C H


Company Name

Price

Change

Volume

52 Week High

% From High

Day High

% of DAV

E PS


BUY

HDFC

BANK LTD.

Symbol

HDFC BANK LTD.

HDFC BANK (NSE)

Rs. 1819.85

Rs. 19

633984

147.80

-1.04%1824.80

159%

60.25

Complete Details


7/9


8/9

R E S E A R C H


Stock

Technical Picture

TECHNICALS

STOCK IS HOLDING THE SUPPORT LEVELS OF 1790 TO1 8 0 0 FR OM FE W T R ADI NG SE SSI ONS ANDCONTINUOUSLY GETTING STRENGTH ON HIGHERLEVELS.SO IN THE STOCK WE MIGHT EXPECT THE UPSIDEBREAK OUT ABOVE THE LEVEL OF 1840. WERE COMMENDLONG POSITION IN IT ABOVE 1840 FOR THE TG OF1850/1860/1880 AND THE SL WOULD BE AT 1790.

HDFC BANK

1770Support

Indices


1840Resistant


9/9

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