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YOUR MINTVISORY Call us at +91-731-6642300
15th NOVEMBER 2016
DAILY EQUITY REPORT
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YOUR MINTVISORY Call us at +91-731-6642300
15th NOVEMBER 2016
DAILY MARKET WRAPUP
INDIAN INDICES
INDEX CMP Change % Chg
NIFTY 8296.30 -229.45 -2.69
SENSEX 26818.82 -698.86 -2.54
SECTORAL INDICES
Index Current % Change Open High Low Prev. Close
CNX AUTO 9,308.30 -4.61 9,652.00 9,666.90 9,277.80 9,758.15
CNX ENERGY 9,807.45 -1.68 9,848.10 9,919.40 9,779.00 9,975.50
CNX FINANCE 7,861.80 -2.86 8,017.75 8,056.65 7,844.65 8,092.95
CNX FMCG 20,825.90 -3.41 21,351.50 21,351.50 20,753.90 21,561.10
CNX INFRA 2,741.75 -2.67 2,785.10 2,790.05 2,736.40 2,816.85
CNX IT 9,434.60 -2.28 9,615.85 9,633.30 9,391.55 9,654.75
CNX MEDIA 2,737.55 -4.30 2,838.65 2,838.90 2,727.10 2,860.55
CNX METAL 2,810.65 -2.07 2,838.10 2,856.85 2,802.15 2,870.05
CNX MNC 9,722.35 -2.51 9,906.05 9,906.05 9,697.55 9,972.70
NI15 5,026.80 -2.95 5,145.95 5,152.70 5,015.60 5,179.75
CNX PHARMA 10,901.25 -0.81 11,046.35 11,172.15 10,862.85 10,990.55
CNX PSE 3,673.10 -2.42 3,716.00 3,724.10 3,657.70 3,764.25
CNX PSU BANK 3,320.25 -2.68 3,380.30 3,503.90 3,295.85 3,411.65
CNX REALTY 168.35 -5.07 172.80 172.95 166.20 177.35
CNX SERVICE 10,566.90 -2.73 10,777.15 10,792.60 10,546.55 10,863.55
YOUR MINTVISORY Call us at +91-731-6642300
15th NOVEMBER 2016
EPIC RESEARCH– ANALYST SPEAKS
NIFTY has ended up with a bearish note on daily charts, in last trading session.It has given breakout of Head & Shoulders pattern. Though the hourly candlestick shows a little positiveness for the index and sgx Nifty is also up but again Nifty will take resistance around 8500. So we advise you sell Nifty from around 8420-8400 for the targets of 8320 and 8220 with strict stop loss of 8520.
NIFTY
RESISTANCE 2 RESISTANCE 1 PIVOT SUPPORT 1 SUPPORT 2
8522.90 8409.60 8347.20 8233.90 8171.50
YOUR MINTVISORY Call us at +91-731-6642300
15th NOVEMBER 2016
EPIC RESEARCH– ANALYST SPEAKS
BANKNIFTY in last trading session remained down all the day and closed with kind of Bearish Engulfing candlestick pattern, which indicates further bearishness. So we advise you to sell banknifty below 19800 for the targets of 19700 and 19600 with strict stop loss of 19950
BANKNIFTY
RESISTANCE 2 RESISTANCE 1 PIVOT SUPPORT 1 SUPPORT 2
20942.00 20340.00 19707.00 19105.00 18472.00
YOUR MINTVISORY Call us at +91-731-6642300
15th NOVEMBER 2016
EPIC RESEARCH– ANALYST SPEAKS
Last week ONGC future shown good strength, last week on the US presidential outcome day future sharp fall and made a low of 251 however, post the outcome the ONGC Future strong bounce and close above the crucial levels of 265 and however the end of the week day risk-off sentiment triggerd sharp retracement in domestic market but ONGC is an exception and close with bullish candlestick in daily chart, And stock show continued buying at lower levels. So it’s good we can follow buy on decline strategy. We may see rise for that it will be good to buy above 280 for the target of 286-295 with SL of 273.
ONGC FUTURE
YOUR MINTVISORY Call us at +91-731-6642300
15th NOVEMBER 2016
EPIC RESEARCH– ANALYST SPEAKS
Last day ULTRACEM future shown under pressure during the day and made a low of 3621 and closed with bearish candlestick on daily chart. Last week announcement on demonenetization policy has triggered short additions in some real estate and construction related stocks. Ultracem is one such stock, and it has made strong short position in last week and open interest in Ultracem future has increased in short side,We expect the addition of short positions to eventually to go downside ahead. So we may see sharp fall for that it will be good to sell below 3620 for the target of 3590-3520 with SL of 3675.
ULTRACEM FUTURE
YOUR MINTVISORY Call us at +91-731-6642300
15th NOVEMBER 2016
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