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Equity Strategies For Todays Markets

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Page 1: Equity Strategies For Todays Markets

Daily Newsletter-Equity 06/03/2013

www.capitalheight.com

Page 2: Equity Strategies For Todays Markets

www.capitalheight.com

www.capitalheight.com/blog/

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Phone- (0731)4295950

MARKET WRAP

Indian markets remain cherished. Nifty & Sensex up by 1.50% & 1.40%.

Asia-Pacific markets up. US too closed positive. EURO gives positive data.

EUR Service PMI comes better whereas China’s fell, Dow futures up by 0.80%.

Indian markets surged higher due to pull back rally, optimism persists. Wall Street too

ends higher in late day bounce, extending a recent trend of buying on dips. Leading

EURO nations send positive economic data. Nifty surged by 86 pts and settles at 5784.

Whereas, Sensex up by 265 pts & settles at 19143. EURO markets are in green zone. MARKET PERFORMANCE

NSE GAINERS COMPANY NAME CURRENT PREV. CLOSE(RS) CHANG.(RS) CHAG.(%)

Pan India Corp. 0.25 0.20 0.05 25.00

Antarctica 0.25 0.20 0.05 25.00

Essar Oil 88.15 72.55 15.60 21.50

Wheels India 727.05 605.90 121.15 20.00

Kiri Industries 7.50 6.25 1.25 20.00

NSE LOSERS

COMPANY NAME CURRENT PREV. CLOSE(RS) CHANG.(RS) CHAG.(%)

FCS Software 0.20 0.25 -0.05 -20.00

Spectacle Infotek 1.70 2.00 -0.30 -15.00

Transwarranty Fin. 7.30 8.45 -1.15 -13.61

Inventure Growth 6.00 6.85 -0.85 -12.41

AML Steels 6.35 7.10 -0.75 -10.56

Page 3: Equity Strategies For Todays Markets

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SECTORIAL INDICES

INDEX P. CLOSE OPEN HIGH LOW LAST % CHANGE

CNX NIFTY 5,698.50 5,722.45 5,790.10 5,722.40 5,784.25 1.50

CNX NIFTY JUNIOR

11,461.30 11,465.55 11,639.30 11,465.55 11,627.95 1.45

INDIA VIX 13.67 13.67 13.74 13.22 13.39 -2.05

CNX 100 5,609.90 5,630.20 5,699.10 5,630.20 5,693.90 1.50

CNX DEFTY 3,593.60 3,620.60 3,669.25 3,619.90 3,664.60 1.98

CNX 500 4,470.15 4,483.65 4,542.50 4,483.65 4,539.00 1.54

CNX MIDCAP 7,508.45 7,510.40 7,639.10 7,510.40 7,634.50 1.68

NIFTY MIDCAP 50 1,999.90 2,001.45 2,049.25 2,001.45 2,046.10 2.31

BANK NIFTY 11,575.60 11,642.80 11,814.05 11,623.65 11,792.05 1.87

CNX ENERGY 7,838.00 7,876.25 7,967.00 7,872.55 7,948.45 1.41

CNX FMCG 14,580.60 14,624.15 14,773.20 14,573.00 14,703.10 0.84

CNX MNC 5,080.05 5,081.85 5,184.90 5,081.85 5,176.40 1.90

CNX PHARMA 5,817.90 5,825.10 5,897.85 5,800.90 5,885.35 1.16

CNX PSE 2,838.30 2,841.65 2,879.45 2,834.20 2,875.55 1.31

CNX PSU BANK 3,148.80 3,161.10 3,210.30 3,135.70 3,199.60 1.61

CNX REALTY 240.70 241.65 248.80 241.65 248.40 3.20

CNX SERVICE 7,033.30 7,066.75 7,143.70 7,063.60 7,133.55 1.43

CNX IT 7,101.65 7,131.80 7,205.80 7,117.60 7,200.20 1.39

Page 4: Equity Strategies For Todays Markets

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NIFTY STATS

ADVANCES 43

DECLINES 06

UNCHANGED 01

INDEX MOVERS (PULLING IT UP)

COMPANY NAME CONTRIBUTION

ICICI Bank 12.64

Reliance Industries 7.08

Tata Motors 5.96

Larsen & Toubro 5.23

TCS 4.31

INDEX MOVERS (PULLING IT DOWN)

COMPANY NAME CONTRIBUTION

Bajaj Auto -0.67

BHEL -0.35

HDFC -0.34

Sun Pharma Inds. -0.02

- -

CORPORATE ACTIONS (06-Mar-2013)

COMPANY NAME

Fourth Generation Info Sys India Glycols Serve all Ent.

Gitanjali Gems Mayur Leather Sudal Inds.

Hitachi Home & Life McNally Bharat -

- - -

- - -

- - -

Page 5: Equity Strategies For Todays Markets

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FII TRADING ACTIVITY (NSE & BSE) In Crores

CATEGORY DATE BUY VALUE SELL VALUE NET VALUE

FII 05-MAR-2013 3439.84 3219.05 220.79

DII TRADING ACTIVITY (NSE & BSE) In Crores

CATEGORY DATE BUY VALUE SELL VALUE NET VALUE

DII 05-MAR-2013 1164.08 1408.88 -244.8

F&O TRADE STATISTICS

PRODUCT NO OF CONTRACTS TURNOVER. IN RS. CR. PUT CALL RATIO

Index Futures 2,70,272 7853.30 -

Stock Futures 4,36,422 13230.74 -

Index Options 27,48,827 79915.41 0.96

Stock Options 2,49,765 7589.24 0.54

F&O Total 37,05,286 1,08,588.68 0.92

ASIAN MARKETS

Name Open High Low Current Value

Change % Chg

Nikkei 225 11732.57 11779.42 11666.38 11683.45 31.16 0.27

Hang Seng 22621.60 22661.49 22523.69 22560.50 22.69 0.10

Taiwan Weighted

7910.44 7939.85 7882.56 7932.71 65.37 0.82

KOSPI 2022.41 2031.65 2016.60 2016.61 3.46 0.17

Jakarta Composite

4765.00 4779.55 4751.48 4751.70 -9.76 -0.21

Page 6: Equity Strategies For Todays Markets

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TECHNICAL VIEW

NIFTY

DAILY PIVOT

SCRIPT R4 R3 R2 R1 P S1 S2 S3 S4

NIFTY 5969 5901 5833 5808 5765 5740 5697 5629 5561

OUTLOOK

Trend: - Consolidate

Resistance: - 5810, 5880

Support: - 5740, 5680

Strategy: - Buy On Dips

NIFTY DAILY

Page 7: Equity Strategies For Todays Markets

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BANK NIFTY

DAILY PIVOT

SCRIPT R4 R3 R2 R1 P S1 S2 S3 S4

BANK NIFTY 12316 12125 11934 11863 11743 11672 11552 11361 11170

OUTLOOK

Trend: - Consolidate

Resistance: - 11860, 11980

Support: - 11670, 11550

Strategy: - Buy On Dips

BANK NIFTY DAILY

Page 8: Equity Strategies For Todays Markets

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Stock Recommendation

CapitalHeight’s stock recommendation for 06/03/2013 is Maruti Suzuki. Maruti

has been trading in down trend from last many trading session and it has took support

at 200 DMA which is around 1370. Its strong support level is1350. It was up by 1.95%.

It’s having near resistance level around 1490, above it we can see some upside

movement in the stock. In short term some up trend can be expected. One can go for

long position in Maruti above 1450. The stock may test level of 1490 in near term.

Our recommendation on Maruti is BUY above 1450 for the Target of 1465/1485.

Page 9: Equity Strategies For Todays Markets

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Phone- (0731)4295950

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