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Weekly Research Reports

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The Evolution of Knowledge based Research…

CONTENTSCONTENTS

Top Sectors for the Week

COMFORT PICK OF THE WEEK

Title Page No.

Comfort Pick Of The Week 03-04

Top Sectors for the Week 05-12

Weekly Pivot Table (Equities) 13

Weekly Pivot Table (Commodities) 14

Disclaimer 15

COMFORT PICK OF THE WEEKLet Your Money Grow Confidently !



March with StrengthComfort Securities Ltd.

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STOCKS CMP BIAS TRADING/ INVESTMENT STRATEGY

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Monday24th September, 2018

Analyst’s Pick: SYNGENE (CMP 642.15). Target: Rs. 701+

Syngene International Ltd is an innovation focused global discovery, development and manufacturing organization providing integrated services to the pharmaceutical, biotechnology, nutrition, animal health, consumer goods and specialty chemicals industries across the world. Syngene’s clientele include market leaders such as Bristol-Myers Squibb, Baxter, Amgen, GSK, Zoetis, Merck KGaA and Herbalife. Its innovative culture is driven by a strong team of over 3500 scientists working with clients around the world to improve R&D productivity, while reducing development time and cost.

Technically, brace yourselves for a major breakout play from a complex ‘higher consolidation pattern’ on the weekly charts. An impulse uptrend is seen forming on the daily time scale with recent sequence of higher high/ higher low pattern, with positive SAR series, major confirmation above its all-time-high at 701 mark. The positive takeaway from recent price action is that the stock price was seen outperforming, despite broader markets remaining volatile. Add to that a bullish divergence and a rising stochastic signal (on weekly charts) with recent increase in volumes signaling a larger rebound. The 200 days Exponential Moving Average (EMA) of the stock on the daily chart is currently at 593. The level of Rs 593 will act as a strong support and this could be used to buy aggressively in case of any corrective declines from current levels.

A potential entrance exists at CMP and on dips between 593-601 zone

ACCELYA KALE 1021.70 Positive

AIA ENGINEERING 1857.05 Positive

L&T INFOTECH (LTI) 1857 Positive

SUN PHARMA 634.90 Positive

SYNGENE 642.15 Positive

We expect ACCELYA KALE to outperform the benchmark Nifty and the BSE IT index in a big way from here on. At the moment the stock is seen consolidating at extremely oversold conditions. Key support to watch in near term is at 945-951 zone. A major rebound play on cards, positive reverse divergence on daily and weekly charts supporting the buying argument. Establishing long positions at CMP, and on any declines to 850-875 zone, as the stock is likely to stage a rebound towards 1050 and then aggressive 5-months targets seen at 1200-1250 zone. Place stops below 751. Holding Period: 5 Months.

A potential ‘Ascending triangle breakout’ action seen on the higher consolidation zone on monthly charts. The stock is now at uncharted territory. We expect the stock to continue its uptrend. Buying on any corrective declines should be the preferred strategy. Bullish positive reverse divergence and a rising stochastic signal are the key triggers on buy side. Simply buy at CMP, and on dips between 1500-1521 zone, targeting 1921 and then aggressive targets at 2250-2301 zone with stop at 1369. Holding Period: 5 Months.

L&T INFOTECH is witnessing strong momentum on the long side after some consolidation at higher consolidation zone on the daily charts. The recent sequence of higher high/low is intact on all time frames. We expect the stock to stage a major breakout soon. Accumulate at CMP, and on dips between 1775-1801 zone, as momentum oscillators are likely to be backed with spectacular volumes lifting the stock to its psychological 2000 mark. With medium term perspective, the stock is likely to aim 2125-2150 zone. Place stops below 1651. Holding Period: 3 Months.

Year to date, SUN Pharma is up 11.16% and the stock price continues to be in nice momentum with recent sequence of higher/high lows intact on daily charts. The stock has already signaled a major breakout on the upside from a lower consolidation zone on weekly charts, which should take the stock towards 700 psychological mark. We are sure; the scrilla bulls will dominate price action. Stochastic is currently on the bulls' side. Accumulate on dips between 601-611 zone, as the stock is likely to run towards psychological 701 mark. Aggressive targets placed at 750 mark. Place stops below 529. Holding Period: 5 Months.

SYNGENE after testing its key supports at 570-575 zone (50% of the move from 11th Aug 2017 lows to 25th April 2018 highs) is witnessing a strong rebound, which should take the stock above its all-high at 701 mark. Accumulate at CMP and on dips between 593-601 zone, with medium term perspective, as the stock is likely to run towards 701 mark and then aggressive targets at 745-751 zone. Place stop below 561. Holding Period: 3 Months.


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Relative Strength Performancewith Comfort Securities Ltd.

Sector Analysis: Relative Strength Performance




Sectors Relative to Sensex... Outperforming stocks Underperforming stocks


BSE Auto Index Underperformer M&M APOLLO TYRES, HEROMOTO CORP, MOTHERSON SUMI

BSE Banks Index Underperformer HDFC BANK PUNJAB NATIONAL BANK,BANK OF BARODA.

BSE Capital Goods Index Underperformer LARSEN BEML, SUZLON

BSE Healthcare Index Outperformer BIOCON, DIVIS LAB WOCKHARDT, FORTIS

BSE Metals Index Outperformer JSW STEEL, COAL INDIAHNDUSTAN ZINC, VEDANTA


From Comfort Research Desk…



Sensex: 36,842:

The Week That Was: Amidst volatility, the benchmark Sensex ended with major losses in last week’s trade, continuing its downtrend for 3-consequtive week. Blame it to profit booking from overbought technical conditions on negative backdrop of:

1 Trade war concerns.2. Depreciating Indian Rupee3. Rising crude oil prices4. Merger of 3 PSU banks5. Panic selling in housing finance companies.6. Yes Bank losing $3.1 Billion In market value after RBI trimming CEO Rana Kapoor's term.

The key negative takeaway was that Sensex ended below the psychological 37000 mark and was down 3.29% on weekly basis. Sensex also ended in green in all four trading sessions of the week. The BSE MidCap index slipped 4.61% and the BSE SmallCap index tanked 5.45%, underperforming the Sensex significantly.

Amongst Sectoral indices on weekly basis, the major losers were BSE Bank index which was down by 6.27%, BSE Reality index fell by 6.14%, BSE Auto index slipped by 4.01% BSE Pharma index down 3.99%. The only index ending in green were BSE Oil & Gas Index up 1.17% on weekly basis.

Among the BSE-30 stocks, the major gainers were: GAIL, ONGC and WIPRO which were up 5.2%, 4.2% & 2.2% respectively. The top three losers of the week were: SBI, MARUTI SUZUKLI and TATA MOTORS which were down 7%, 6.9% and 6.1% respectively.

Meanwhile, Wall Street ended higher in Friday's trade as the Dow Jones Industrial Average notched a second straight all-time high. On weekly basis, the Dow was up 2.3%. The S&P 500 rose 0.9%. Both the Dow and the S&P recorded their second straight weekly gain, But, the negative takeaway was that the Nasdaq ended with a 0.3% weekly fall.

Week Ahead: Dalal Street is most likely to start the week on a cautious note as the street will closely watch further developments on the issue of liquidity crisis and IL&FS issue. Apart from liquidity crunch fear, the street will minutely track movement of the Indian Rupee and crude-oil movement. Trade tensions between the US and China are likely to be on the back burner weighing on the sentiments.This week is likely to be volatile as September F&O contracts are set to expire on Thursday.Amongst macro economic data, fiscal deficit and infrastructure output data for the month of August will be released on next Friday.Meanwhile, this week three IPO's worth Rs. 2,264 crore will hit Dalal Street. The three IPO's are: Garden Reach Shipbuilders and Engineers AAVAS Financiers and Dinesh EngineersTechnically, the key interweek hurdles to watch on Sensex are at 37,901 & on Nifty, it is 11,451. Downside support now placed at 36,001 zone and then major supports lie at psychological 35001 mark. Options data is suggesting that maximum Call open interest was seen at 11,500 strike price, which will act as a crucial resistance level while maximum Put open interest was seen at the 11,000 strike price, which will act as a crucial support level.For the current week, we expect the benchmark Sensex to trade with negative bias amidst recent weakness with volatilty. Aggressive traders can look to establish short positions only on any excessive strength with strict stop above 38,101 on Sensex.

Amongst momentum stocks looking bright are: BIOCON, ITC, DIVIS LAB, BIOCON, VEDANTA, KPIT & MINDTREE & HINDUSTAN ZINC. We are negative on stocks like Hero Honda, MRF, Motherson Sumi.

Among sectoral indices, we shift our bias on BSE Bankex to neutral amidst overbought technical conditions and have an outperforming rating on BSE Healthcare index.

Meanwhile, for this week, our most preferred pair strategies are:

• Long VEDANTA and Short COAL INDIA.• Long BIOCON and Short WOCKHARDT




BSE Auto Index vs Sensex

• BSE AUTO: 23,275: UNDERPERFORMER.

• The interweek/intermonth outlook shifts to neutral/negative. The Auto index was seen trading with negative bias in last week's trade, down 4.01%. Auto index has just broken down and closed below its biggest support level at 23501. Downside risk now at 21201 support zone. Immediate hurdles are now placed at 25001. Confirmation of strength only above 25775 zone.

• Support: 22241/21201/19750.

• Resistance: 25001/25775/26750.

• Preferred Strategy on Auto Index: For this week, aggressive traders can look to sell on any strength between 23750-24250 zone, targeting 22241 and then aggressive targets seen at 21201 and then finally at 19750-20100 zone with strict stop above 25775.

• Preferred Trade:

• Sell EICHER MOTORS (CMP 27907) between 28100-28250 zone, targeting 26185 and then at 24001-25251 zone with stop above 30251. Holding Period: 1 Month.

• Sell MOTHERSON SUMI (CMP 275.50) between 285-289 zone, targeting 263 and then at 234-237.50 zone with stop above 307.45. Holding Period: 1 Month.

• Outperforming Stocks: ASHOK LEYLAND, M&M.

• Underperforming Stocks: MRF, APOLLO TYRES, HERO MOTO CORP, MOTHERSON SUMI

PAIR Strategy: Long MARUTI and Short HEROMOTO CORP




BSE Banks Index vs Sensex

PAIR Strategy: Long INDUSIND BANK and Short BANK OF BARODA

• BSE BANKS: 28,702: UNDERPERFORMER.

• The interweek outlook is neutral after last week’s sharp corrective declines, down 6.27%. Overbought technical conditions still prevail on weekly & monthly charts, hence some corrective declines quite likely. Key intermonth support seen at 25601 mark. Hurdles are at 32501.

This week, we expect Bank index to trade volatile with slight negative bias, with must watch interweek support at 27725.

• Support: 27725/26251/26601.

• Resistance: 29505/30501/32275.

• Preferred Strategy on Bank Index: For this week, aggressive traders can look to sell on any early strength between 29251-29501 zone, targeting 27725 zone and then at 25601-26001 zone with strict stop above 30751.


• Sell BANK OF BARODA (CMP 111.45) on strength between 123-127 zone, targeting 105 zone and then at 99-101 zone with stop above 139.05. Holding period: 1 month.

• Sell PUNJAB NATIONAL BANK (PNB) (CMP 72.85) between 77-79 zone, targeting 69 zone and then at 61-63 zone with stop above 84.05. Holding period: 1 month.

• Outperforming Stocks: HDFC BANK.

• Underperforming Stocks: SOUTH INDIAN BANK, BANK OF BARODA, PUNJAB NATIONAL BANK.




BSE Capital Goods Index vs Sensex

PAIR Strategy: Long LARSEN and Short BEML

• BSE CAPITAL GOODS: 18,058: UNDERPERFORMER.

• The interweek outlook contines to be negative amidst last week's subdued movements, down 2.677%. The must watch supports now seen at 17501 mark. Expect larger declines only below 16701 zone.

• Support: 17501/16701/14751.

• Resistance: 18651/19251/20701.

• Preferred Strategy on Capital Goods Index: For this week, selling between 18451-18751 zone, should be the preferred trading strategy, targeting 17501 and then at 16701-16901 zone with strict stop above 18651.


• Buy LARSEN (CMP 1329) between 1275-1289 zone, targeting 1401-1407 zone and then at 1475-1501 with stop below 1225. Holding period: 3 months.

• Sell BEML (CMP 713.30) on excessive strength between 771-775 zone, targeting 691 zone and then at 645-657.50 with stop above 851. Holding period: 1 month.

• Outperforming Stocks: ABB, LARSEN.

• Underperforming Stocks: BEL, BEML, SUZLON.




BSE Healthcare Index vs Sensex

PAIR Strategy: Long BIOCON and Short WOCKHARDT

• BSE HEALTHCARE: 15,588: OUTPERFORMER.

• The interweek outlook continues to be positive despite last week’s volatile conditions, down 3.99% on weekly basis. Key supports to watch are at 14901 zone. Major declines now likely only below 14001 mark. Confirmation of strength above 16501.

• Support: 14901/14000/12501.

• Resistance: 16501/16751/17375.

• Preferred Strategy on Healthcare Index: For this week, aggressive traders can look to buy between 15001-15101 zone, targeting 16501 zone and then at 17001 mark with strict stop below 14001.


• Buy BIOCON (CMP 676.90) between 637-645 zone, targeting 701 zone and then at 722-725 zone with stop below 601. Holding Period: 2 months.

• Buy SYNGENE (CMP 642) between 600-611 zone, targeting 690-701 zone and then at 751 zone with stop below 561. Holding Period 3 months.

• Outperforming Stocks: NOVARTIS, LUPIN, PFIZER, DIVIS LAB, BIOCON.

• Underperforming Stocks: FORTIS, WOCKHARDT.




BSE Metals Index vs Sensex

PAIR Strategy: Long VEDANTA and Short COAL INDIA

• BSE METALS: 13,956: OUTPERFORMER.

• The interweek outlook continues to be positive despite last week’s volatile conditions, up 0.96% on weekly basis. That said, confirmation of strength only above 14401 mark. Major support seen at 11750. Intermediate support seen at 13525.

• Support: 13525/12545/11750.

• Resistance: 14401/15101/16001.

• Preferred Strategy on Metals Index: For this week, aggressive traders can look to buy between 13501-13751 zone, targeting 14401 and then at 14751-15001 zone with strict stop below 12545.


• Buy SAIL at CMP (77.70) between 69-72.50 zone, targeting 85 and then at 89-93 zone. Stop below 59. Holding period: 2 months.

• Buy HINDUSTAN ZINC (CMP 297.30) between 285-289 zone, targeting 311 and then at 318-321 zone. Stop below 271. Holding period: 2 months.

• Outperforming Stocks: JSW STEEL, SAIL, HINDZINC, VEDANTA.

• Underperforming Stocks: COAL INDIA.

Instrument Close S1 S2 R1 R2 200 Day SMA Reversal Point Trend

WEEKLY PIVOT TABLE



All level indicated above are based on cash market prices.

Pivot Point

PP : Pivot Point : This is trigger point for weekly buy/sell based on the price range of the previous week.R1 : Resistance one : 1st Resistance over PP. R2 : Resistance two : 2nd Resistance over R1.S1 : Support one : 1st support after PP. S2 : Support Two : 2nd support after S1.

As per the tool, the trader should take BUY position just above PP and keep the stop loss of PP and the first target would be R1.If R1 is crossed then R2 becomes the next target with the stop loss at R1.

Similarly if price goes below PP the trader should SELL and keep the PP as Stop loss and the first target would be S1.

If S1 is crossed then S2 becomes the next target with the stop loss at S1.This is a trading tool. The key to use of this tool is the use of STOP LOSS.


NIFTY 11143.1 11186.15 11307.3 11501.95 10748.66 11190.03 11643.08 DOWN

BANKNIFTY 25596.9 26138.17 26514.07 27416.53 26107.39 26078.93 27249.35 DOWN

NIFTYMID50 4892.65 4997.83 5104.33 5181.71 5156.28 4732.76 5286.53 DOWN

UP

ACC 1539.6 1551.28 1580.03 1593.38 1549.61 1471.67 1672.86 DOWN

ADANIENT 138.45 144.87 150.27 159.61 128.03 146.77 178.16 DOWN

ADANIPORTS 361.75 368.23 379.33 378.31 389.68 366.58 397.82 DOWN

AJANTPHARM 1108.15 1160.38 1206.13 1221.44 1255.23 1149.75 1306.77 DOWN

AMARAJABAT 752.4 780.1 799.3 824.42 810.86 765.5 858.68 DOWN

ANDHRABANK 29.45 30.58 31.38 31.96 41.8 27.56 34.42 DOWN

APOLLOTYRE 231.2 236.83 242.33 246.65 268.47 236.49 253.05 DOWN

ARVIND 364.15 374.53 386.23 393.3 411.38 370.67 410.41 DOWN

ASHOKLEY 122.3 124.55 127.5 129.34 134.23 116.69 134.85 DOWN

ASIANPAINT 1304.75 1279.17 1311.37 1341.97 1235.84 1250.61 1381.58 DOWN

AUROPHARMA 762.7 764.7 788.6 733.44 627.31 713.28 700.26 UP

AXISBANK 599.2 599.23 620.43 637.37 552.99 582.71 675.56 DOWN

BAJAJ-AUTO 2799.2 2766.75 2821.7 2774.85 2945.04 2721.21 2718.95 UP

BAJAJFINSV 6259.7 6202.07 6501.02 6676.2 5706.88 5837.06 6809.04 DOWN

BAJFINANCE 2379.4 2458.13 2569.33 2737.46 2078.28 2438.47 2730.81 DOWN

BALKRISIND 1085 1093.28 1131.33 1237.88 1171 1094.86 1220.23 DOWN

BALRAMCHIN 79.1 84.73 89.93 78.08 91.21 81.51 77.2 UP

BANKBARODA 111.45 111.33 120.18 140.95 144.08 116.63 137.27 DOWN

BANKINDIA 86.45 88.63 91.53 93.73 116.49 88.57 98.9 DOWN

BATAINDIA 973.55 969.3 1011.3 1046.28 807.08 985.89 1079.44 DOWN

BEL 80.15 81.63 84.23 100.74 136.57 76.92 90.44 DOWN

BEML 713.3 728.6 749.8 788.27 1096.1 731.2 802.91 DOWN

BERGEPAINT 301.2 295.23 305.48 319.47 278.13 302.93 334.25 DOWN

BHARATFIN 1090.3 1098.93 1140.83 1151.36 1108.38 1107.99 1190.66 DOWN

BHARATFORG 624.55 632.47 644.27 656.99 691.51 639.2 622.83 UP

BHARTIARTL 370.5 360.1 380.2 377.37 412.75 357.48 356.4 UP

BHEL 71.5 74 75.55 77.75 83.8 73.38 82.28 DOWN

BIOCON 676.9 652.13 689.43 633.89 601.25 689.33 594.93 UP

BPCL 376.5 356.93 369.88 356.82 424.07 365.18 328.16 UP

BRITANNIA 5790.75 5883.93 6081.93 6374.44 5489.95 5587.29 6307.92 DOWN

CANBK 239.35 243.27 250.87 270.41 288.21 226.25 268.99 DOWN

CANFINHOME 292.55 305.43 313.08 315.6 413.27 294.33 328 DOWN

CAPF 549.15 579.02 596.27 615.23 627.65 557.47 628.24 DOWN

CASTROLIND 153.9 153.18 155.28 156.2 181.87 154.81 163.26 DOWN

CEATLTD 1279.85 1325.5 1357.4 1377 1532.84 1319.31 1428.58 DOWN

CENTURYTEX 883.75 890.27 908.67 930.22 1113.5 895 964 DOWN

CESC 944.7 967.68 988.23 993 997.64 862.5 918.39 UP

CGPOWER 51.35 52.73 53.98 56.75 74 48.38 56.89 DOWN

CHENNPETRO 286.3 286 294.9 298.4 340.35 275.86 309.95 DOWN

CIPLA 653.2 644.75 677.45 656.05 599.73 662.26 619.59 UP

COALINDIA 275.25 276.45 283.4 283.71 281.13 282.92 272.99 UP

COLPAL 1109.55 1102.7 1129 1141.55 1123.22 1133.03 1190.88 DOWN

CONCOR 643.7 613.9 629.7 639.29 657.71 625.8 679.87 DOWN

CUMMINSIND 684.65 718.12 729.17 754.18 765.81 708.34 795.92 DOWN

DABUR 455.7 461.57 473.07 466.05 374.46 437.81 493.51 DOWN

DALMIABHA 2482.4 2515.88 2579.73 2616.16 2768.64 2570.29 2806.5 DOWN

DCBBANK 157.2 161.37 166.17 169.81 177.08 150.11 175.35 DOWN

DHFL 350.55 608.38 614.33 630.01 593.77 230.29 585.46 DOWN

DISHTV 63.15 61.72 66.22 68.95 73.19 63.87 70.01 DOWN

DIVISLAB 1387.95 1371.43 1409.43 1305.37 1114.81 1326.05 1235.07 UP

DLF 199.55 197.93 205.18 208.62 215.43 187.38 223.74 DOWN

DRREDDY 2556.25 2573.4 2638.4 2516.89 2233.34 2609.8 2371.74 UP

EICHERMOT 27940.2 28003.55 29094 28658.85 28804.95 28214.79 27620.77 UP

ENGINERSIN 121.95 122.2 129.6 126.86 152.98 118.57 141.49 DOWN

EQUITAS 132.75 135.97 140.57 148.59 147.92 134.07 154.35 DOWN

ESCORTS 685.6 709.67 752.27 817.27 857.08 696.14 779.02 DOWN

EXIDEIND 268.05 262.22 271.37 279.66 243.21 259.37 287.76 DOWN

FEDERALBNK 73.5 74.35 76.3 78.35 92.31 69.35 80.62 DOWN

FORTIS 137.25 141 143 146.1 145.49 140.73 148.93 DOWN

GAIL 390.15 376.87 389.07 373.85 351.36 391.74 355.66 UP

GLENMARK 654.8 662.05 683.2 666.11 575.28 669.77 636.66 UP

GMRINFRA 16.2 17.52 18.07 18.97 18.64 17.18 19.51 DOWN

GODREJCP 819.45 801.02 851.77 927.3 791.52 776.59 920.99 DOWN

GODREJIND 547.2 556.07 571.57 605.13 589.69 512.44 607.24 DOWN

GRANULES 107.7 108.88 115.13 114.34 108.74 109.81 125.88 DOWN

GRASIM 1051.15 1054.47 1079.47 1050.78 1078.8 1055.04 985.97 UP

GSFC 108.2 109.17 112.52 115.57 125.26 99.19 120.82 DOWN

HAVELLS 635.05 640.32 652.72 679.76 562.75 654.63 714.03 DOWN

HCC 12.25 13.42 14.42 14.56 23.76 13.12 15.77 DOWN

HCLTECH 1084.9 1079.45 1096.8 1060.1 955.65 1091.53 1032.4 UP

HDFC 1839.4 1815.2 1855.05 1910.36 1853.12 1851.08 1968.14 DOWN

HDFCBANK 1970.25 1945.9 1987.4 2043.08 1980.63 1991.5 2072.13 DOWN

HDIL 25.5 27.6 29.2 30.84 38.27 26.89 32.58 DOWN

HEROMOTOCO 3175.2 3110.67 3188.62 3211.5 3532.74 3052.62 3334.98 DOWN

HEXAWARE 444.45 450.65 464.55 448.24 408.98 453.58 483.55 DOWN

HINDALCO 240.4 232.65 239.55 235.64 236.09 235.88 219.37 UP

HINDPETRO 258 247.43 255.38 253.81 333.42 247.54 259.8 DOWN

HINDUNILVR 1621.3 1630 1671.35 1684.94 1497.41 1637.39 1740.99 DOWN

HINDZINC 297.05 293.1 302 295.59 299.16 279.69 277.83 UP

IBREALEST 123.1 139.9 145.45 144.69 187.17 131.99 154.91 DOWN

IBULHSGFIN 1062.15 1146.08 1174.83 1217.27 1238.59 883.53 1228.31 DOWN

ICICIBANK 317.1 317.07 324.77 331.52 304.58 327.28 346.68 DOWN

ICICIPRULI 338.75 344.17 354.67 371.62 397.1 346.42 380.55 DOWN

ICIL 76.8 72.83 74.73 76.73 91.18 72.37 73.41 UP

IDEA 45.45 44.85 46.85 48.69 71.54 42.97 51.11 DOWN

IDFC 44.5 47.27 49.07 50.5 52.5 40.7 50.76 DOWN

IDFCBANK 40.5 42.67 44.02 45.61 47.65 41.37 46.63 DOWN

IFCI 15.1 15.18 15.83 16.21 20.5 15.86 17.28 DOWN

IGL 250.1 252.53 262.28 275.75 289.77 239.34 278.91 DOWN

INDIACEM 111.3 111.83 115.78 119.3 141.08 112.77 128.14 DOWN

INDIANB 272.7 283.77 295.67 319.06 338.02 279.26 316.59 DOWN

INDIGO 897.1 852.12 879.47 937.7 1181.18 859.21 960.49 DOWN

INDUSINDBK 1762.45 1777.47 1853.62 1879.07 1823.57 1813.53 1925.73 DOWN

INFIBEAM 182.2 230.28 239.58 226.4 168.08 157.9 237.27 DOWN

INFRATEL 281.2 265.65 274.5 278.88 322 268.51 293.2 DOWN

INFY 705.3 712.97 726.77 718.55 605.93 715.65 690.88 UP

IOC 158.15 151.63 155.38 154.17 175.25 155.92 143.88 UP

IRB 154.1 161.02 170.42 180.36 222.6 160.87 183.09 DOWN

ITC 303.95 296.55 304.2 309.22 275.91 307.48 321.2 DOWN

JETAIRWAYS 229.45 236.43 251.93 273.06 537.44 223.48 273.68 DOWN

JINDALSTEL 235 227.82 237.37 218.49 227.83 239.1 202.14 UP

JISLJALEQS 79.85 77.73 81.68 82.54 105.11 80.39 78.61 UP

JPASSOCIAT 8.3 9.25 9.8 10.94 17.09 8.93 11.16 DOWN

JSWENERGY 63.65 66.15 69.6 68.61 76.42 65.97 74.33 DOWN

JSWSTEEL 408 410.18 423.83 390.06 314.18 414.9 377.47 UP

JUBLFOOD 1303.7 1301.37 1382.67 1444.12 1204.58 1197.1 1443.41 DOWN

JUSTDIAL 523.25 487.4 507.1 537.44 512.19 483.85 557.14 DOWN

KOTAKBANK 1180.2 1217.93 1234.93 1247.75 1180.57 1225.29 1289.27 DOWN

KPIT 277.75 287.2 298.2 299.28 244.6 270.08 305.3 DOWN

KSCL 599.3 608.8 628.2 632.85 540.21 589.99 676.3 DOWN

KTKBANK 107.15 111.07 114.07 117.19 127.06 105.79 120 DOWN

L&TFH 140 142.93 150.78 168.67 167.62 142.7 165.25 DOWN

LICHSGFIN 440.05 457.8 467.6 505.27 524.1 407.08 485.56 DOWN

LT 1329.7 1324.93 1341.93 1346.41 1317.2 1343.53 1293.8 UP

LUPIN 890.25 894.1 932.1 921.37 839.83 905.84 867.01 UP

M&M 959.9 936.18 963.63 955.84 832.49 906.64 992.06 DOWN

M&MFIN 411.25 427.42 442.97 458.79 471.31 429.09 483.16 DOWN

MANAPPURAM 81.7 82.93 85.28 94.34 108.34 84.27 94.16 DOWN

MARICO 337.8 339.7 351.1 357.27 328.34 344.01 372.22 DOWN

MARUTI 8040.15 8118.13 8375.48 8831.15 9037.05 8152.04 8686.08 DOWN

MCDOWELL-N 537.15 551.93 571.48 602.68 653.86 541.84 601.79 DOWN

MCX 753.3 795.63 821.43 805.74 810.4 765.89 845.23 DOWN

MGL 825.2 828.17 843.17 848.23 940.36 786.05 871.68 DOWN

MOTHERSUMI 275.5 288.17 293.97 297.2 328.93 283.88 316.67 DOWN

MRF 66744.4 67032.28 68892.23 71446.52 73289.43 63799.63 70975.59 DOWN

MRPL 75.05 73.73 76.18 78.14 103.38 71.16 82 DOWN

MUTHOOTFIN 457.35 446.77 474.12 430.32 416.6 419.33 411.99 UP

NATIONALUM 65.75 67.88 69.83 72.07 71.92 66.77 76.16 DOWN

NBCC 64.9 63.5 67 69.82 95.07 61.38 73.08 DOWN

NCC 85.1 87 90.55 94.09 113.76 87.21 98.06 DOWN

NMDC 115.75 116.57 120.27 113.64 121.4 118.08 109.62 UP

NTPC 168.25 167.45 171.4 168.5 166.6 171.62 160.51 UP

OFSS 4011.9 3993.23 4302.38 4143.9 4005.86 4179.04 3988.45 UP

OIL 218.65 205.87 209.67 208.34 224.87 211.88 199.69 UP

ONGC 180.4 173.93 179.38 174.01 178.37 176.99 166.69 UP

ORIENTBANK 68.7 70.8 74 78.31 93.61 71.93 80.44 DOWN

PCJEWELLER 71.75 76.27 80.92 85.45 261.15 74.33 86.94 DOWN

PEL 2744.75 2854.8 2942.3 2985.55 2650.43 2506.72 3178.28 DOWN

PETRONET 236 229.85 237 237.13 232.4 231.54 224.84 UP

PFC 80.8 82.33 84.23 83.57 93.28 74.8 77.28 UP

PIDILITIND 1136.85 1107.43 1130.58 1139.5 1009.28 1146.3 1096.3 UP

PNB 72.85 78.38 80.43 82.98 109.93 76.44 85.24 DOWN

POWERGRID 200.4 196.33 200.13 195.62 196.56 200.8 186.61 UP

PTC 76.1 78.6 82.8 82.97 92.64 79.75 87.64 DOWN

PVR 1344.05 1322.33 1355.28 1350.02 1340.24 1295.44 1275.48 UP

RAMCOCEM 644.65 634.98 648.93 664.25 738.91 647.48 634.02 UP

RAYMOND 752.45 766.67 789.57 802.24 953.89 720.2 832.45 DOWN

RBLBANK 564.6 584.05 598.75 607.25 528.83 578.86 637.92 DOWN

RCOM 13.15 14.3 15.8 17.32 19.81 14.15 17.71 DOWN

RECLTD 106.45 111.7 115.15 114.4 127.39 111.48 127.13 DOWN

RELCAPITAL 337.35 347.37 381.52 434.27 440.77 353.04 415.88 DOWN

RELIANCE 1217.5 1199.83 1222.83 1253.5 1002.43 1232.45 1305.92 DOWN

RELINFRA 343.7 369.27 417.47 439.79 444.43 377.6 442.62 DOWN

REPCOHOME 464.1 500.98 519.68 539.16 595 496.3 554.45 DOWN

RPOWER 29.2 30.55 33.1 34.64 38.49 30.98 35.9 DOWN

SAIL 76 75.83 79.03 77.3 80.33 78.04 73.68 UP

SBIN 270.6 267.05 279.4 294.44 278.31 273.05 297.7 DOWN

SHREECEM 16858.4 16821.42 17309.57 17957.81 17074.94 17077.22 18281.76 DOWN

SIEMENS 925.05 955.45 975.9 992.78 1096.19 955.39 1035.06 DOWN

SOUTHBANK 15.05 15.68 16.08 16.85 24.78 15.53 17.05 DOWN

SREINFRA 42.15 46.28 47.58 49.75 76.35 44 53.67 DOWN

SRF 1932.35 1959.57 2016.32 1982.46 1912.71 1761.79 1888.17 UP

SRTRANSFIN 1161.1 1168.58 1215.23 1260.09 1399.75 1054.85 1297.45 DOWN

STAR 497.8 474.1 503.75 490.63 583.81 462.01 453.53 UP

SUNPHARMA 634.9 641.22 656.87 644.52 550.54 644.37 617.14 UP

SUNTV 664.1 641.6 676.2 724.37 880.22 601.79 712.62 DOWN

SUZLON 6.75 6.97 7.42 7.1 10.6 7.1 6.42 UP

SYNDIBANK 34.4 36.28 37.38 38.47 56.07 35.67 40.9 DOWN

TATACHEM 736.75 733.35 745.55 744.41 718.67 701.39 714.51 UP

TATACOMM 499.75 513.78 525.03 531.19 615 512.48 556.44 DOWN

TATAELXSI 1295.65 1315.77 1351.17 1381.2 1170.4 1324.22 1438.3 DOWN

TATAGLOBAL 234.6 233.17 236.92 230.7 269.48 237.96 244.53 DOWN

TATAMOTORS 250.35 250.73 254.73 262.75 330.56 235.45 275.74 DOWN

TATAMTRDVR 132.05 135.63 138.43 141.41 187.54 133.87 146.73 DOWN

TATAPOWER 72.9 74.45 77 74.87 81.63 73.59 69.23 UP

TATASTEEL 625.15 615.47 628.87 600.64 614.93 594.94 570.07 UP

TCS 2103.15 2066.83 2088.98 2066.53 1678.81 2057.52 2020.85 UP

TECHM 738.05 756.77 777.57 748.94 636.76 751.78 702.37 UP

TITAN 800.6 796.53 840.23 864.66 882.35 826.02 898.8 DOWN

TV18BRDCST 39.4 40.33 41.48 44.01 56.09 40.11 45.31 DOWN

TVSMOTOR 593.4 592.25 603.35 571.91 631.36 596.27 549.95 UP

UBL 1311.9 1287.97 1330.42 1349.2 1140.09 1303.21 1261.47 UP

UJJIVAN 295.5 311.97 320.22 340.07 376.19 308.13 344.77 DOWN

ULTRACEMCO 4069.35 4034.97 4077.22 4242.98 4082.19 3942.83 4338.19 DOWN

UNIONBANK 73.8 75.55 80.3 84.23 103.65 75.32 86.27 DOWN

UPL 665.8 681.62 709.37 691.07 702.87 682.85 659.66 UP

VEDL 230.45 227.28 232.63 227.15 274.57 231.07 211.17 UP

VOLTAS 562.85 560.03 580.03 600.44 595.5 549.58 631.16 DOWN

WIPRO 335.2 328.65 335.15 313.52 287.76 326.59 311.5 UP

WOCKPHARMA 578.55 618.45 644.3 646.53 730.04 600.63 705.22 DOWN

YESBANK 226.5 315.25 325.95 339.2 336.24 247.78 315.14 DOWN

ZEEL 450.85 444.45 462.1 485.65 556.85 444.02 502.95 DOWN

CommodityExchange Close S1 S2 R1 R2200 Day

SMA Reversal

Point Trend

WEEKLY PIVOT TABLE (Commodities)



MCX ALUMINUM

MCX CARDAMOM

NCDEX CASTOR

NCDEX CHANA

MCX COPPER

MCX COTTON

MCX CRUDE-OIL

MCX GOLD

NCDEX GAUR GUM

NCDEX GAUR SEED

NCDEX JEERA

MCX LEAD

MCX MENTHA OIL

MCX NATURAL GAS

MCX NICKLE

NCDEX RM SEED

MCX SILVER

NCDEX SUGAR

NCDEX SOYA BEAN

MCX ZINC

149.05 146.78 144.52 150.53 152.02 144.47 150.55 DOWN

1415.9 1405.73 1395.57 1430.43 1444.97 1075.86 1360.7 DOWN

4758 4730.67 4703.33 4779.67 4801.33 4269.79 4612 UP

3947 3925.67 3904.33 3970.67 3994.33 3837.53 3770.5 UP

458.15 444.6 431.05 466.6 475.05 445.8 426 UP

22310 22226.67 22143.33 22366.67 22423.33 21361.85 22620 UP

5146 5069 4992 5209 5272 4427.35 4832.5 UP

30582 30410 30238 30829 31076 30313.16 30346 UP

9302 9244 9186 9355 9408 8868.86 9617 UP

4306 4281.67 4257.33 4324.67 4343.33 4110.58 4405 DOWN

19410 19306.67 19203.33 19556.67 19703.33 17713 19080 DOWN

147.75 145.13 142.52 149.53 151.32 157.35 142.65 UP

1705.5 1688.07 1670.63 1729.97 1754.43 1474.54 1820.8 UP

215.2 212.7 210.2 216.9 218.6 189.68 203.5 UP

954.4 923.97 893.53 970.87 987.33 909.8 808.45 UP

4226 4202.67 4179.33 4241.67 4257.33 4020.94 4098 UP

37590 37305.66 37021.33 37859.66 38129.33 38727.29 36820 UP

3050 3050 3050 3050 3050 3614.83 3015 UP

3358 3313.33 3268.67 3389.33 3420.67 3489.23 3157 UP

182.3 177.7 173.1 185.3 188.3 202.76 169.5 UP


Comfort Securities Ltd.

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Technical analysis studies market psychology, price patterns and volume levels. It is used to forecast future price and market movements. Technical analysis is complementary to fundamental analysis and news sources. The recommendations issued herewith might be contrary to recommendations issued by Comfort Securities Ltd. in the company research undertaken as the recommendations stated in this report is derived purely from technical analysis. Comfort Securities Ltd. has based this document on information obtained from sources it believes to be reliable but which it has not independently verified; Comfort Securities Ltd. makes no guarantee, representation or warranty and accepts no responsibility or liability as to its accuracy or completeness. The opinions contained within the report are based upon publicly available information at the time of publication and are subject to change without notice. The information and any disclosures provided herein are in summary form and have been prepared for informational purposes. The recommendations and suggested price levels are intended purely for trading purposes. The recommendations are valid for the day of the report however trading trends and volumes might vary substantially on an intraday basis and the recommendations may be subject to change. The information and any disclosures provided herein may be considered confidential. Any use, distribution, modification, copying, forwarding or disclosure by any person is strictly prohibited. The information and any disclosures provided herein do not constitute a solicitation or offer to purchase or sell any security or other financial product or instrument. The current performance may be unaudited. Past performance does not guarantee future returns. There can be no assurance that investments will achieve any targeted rates of return, and there is no guarantee against the loss of your entire investment.

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