NIFTY SENSEX BANK NIFTY
HIGH 6209 20863 11216
LOW 6150 20674 11108
8951
8864
Thursday, December 05, 2013
CNX IT
CNX NIFTY (6161) : CNX Nifty went on to make the BEARISH BUTTERFLY harmonic pattern on daily charts followed by a Bearish Harami candle stick pattern on Tuesday and gave in on
Wednesday. Now the index has support at 6114-6100 levels on the down side. For the day , the index holding onto 6140 can target 6200 again on the upside. Failing to hold onto the all
important 6140 levels can trigger a fresh round of selling towards 6080 or even 6040 levels. The implications of the said harmonic pattern could be relatively negative as lower levels
like 6040 are now vulnerable to be tested if current levels are not held as we approach the outcome of elections which will be out this Sunday. Exit poll data suggests that there will be a
gap up opening today and the gap is likely to sustain ahead of the final election results.
FROM THE RETAIL RESEARCH DESKMARKET OUTLOOK
CNX NIFTY COMMENTS
PIVOT TABLES&P BSE~SENSEX
SENSEX (20709) : BSE Sensex closed lower on Wednesday by close to 150
odd points. Now the index is at a critical juncture with cluster of supports
around 20600-20550 region. IF the index doesn’t fall below 20600 today ,and
crosses 20810 on the upside only then a rally towards 20900-21000 can be
seen in the index. On the flip side if the index doesn’t cross 20810 and drifts
below 20600 then some more profit taking till 20500-20400 can be witnessed
on the downside.
LOW 6150 20674 11108
CLOSE 6161 20729 11195
PIVOT 6173 20755 11173
R 1 6197 20837 11238
R 2 6233 20945 11281
S 1 6138 20647 11130
S 2 6114 20566 11065
8864
8882
8899
8934
8985
8848
8813
Thursday, December 05, 2013
BUY GLAXO SMITHKLINE CONSUMER
EXECUTION PRICE RANGE
4590-4630
BUY CUMMINS INDIA
442-446
EXECUTION PRICE RANGE
4518.00
TARGET
TARGET
TECHNICAL CALLS
464.00
STOP LOSS
BUY CUMMINS INDIA Rs.444 : Cummins has been flirting around
its 200 DMA levels and now the stock looks to regain strength
from its recent profit taking which has come with low volumes
which is a sign of a potential reversal coming up soon. The stock
is trading above most major moving averages like the 20 DMA at
418 and the 50 DMA at 410 which suggests overall strength.
STOP LOSS
BUY GLAXO SMITHKLINE CONSUMER Rs.4652 : GLAXO
SMITHKLINE CONSUMER has been making higher lows and
closing higher successively for the last five trading sessions and
it has also seen good volume accumulation at these levels. The
stock is trading above all major moving averages and now looks
very good to target 4750-4800 soon.
434.00
4795.00
INDICES CLOSE
SENSEX 20729
NIFTY 6161 CLOSE % SYMBOL CLOSE %
82.0 2.44 TATA POWER 82.5 3.13
491.6 1.95 PNB 571.9 2.76
INDICES CLOSE 414.3 1.25 POWERGRID 95.9 2.29
DOW JONES 15915 278.5 1.07 WIPRO 490.6 1.68
S&P 500 1795 54.4 0.55 JINDAL STEEL 279.9 1.63
FTSE 6538
CAC 40 4188
DAX 9242
CLOSE % SYMBOL CLOSE %
120.8 -2.50 HINDALCO 121.1 -2.42
INDICES CLOSE 1065.2 -1.93 IDFC 105.7 -1.99
SHANGHAI * 2252 313.3 -1.86 RANBAXY 445.0 -1.83
HANG SENG* 23729 153.2 -1.80 DLF 153.0 -1.83
NIKKEI* 15408 287.4 -1.66 ONGC 287.3 -1.74
STRAIT TIMES* 3161
KOSPI* 1987
CLOSE % SYMBOL CLOSE %
329.3 12.68 Aqua Logistics Ltd1.5 -16.76
Rs. (Cr.) YEST'DAY 24.5 9.87 Unitech Ltd 15.7 -9.54
BSE Cash 2095 205.2 6.10 Madhucon Projects Ltd11.2 -8.31
NSE Cash 10690 199.7 5.86 JSL Stainless Ltd 38.9 -6.49
Derviatives(bn) 786 38.1 5.83 Jindal Poly Films Ltd150.6 -5.40
167.2 5.79 SKS Microfinance Ltd171.5 -5.07
DII Equity -671 169.3 5.65 Era Infra Engineering Ltd19.5 -4.88
FII Equity 517 12.5 5.48 Geodesic Ltd 5.1 -4.87
FII F&O 1272 27.4 5.39 Jindal South West Holdings Ltd563.8 -4.54
188.4 5.37 Aban Offshore Ltd352.7 -4.42
SYMBOL
ADVANCES & DECLINES
JP Asso.
NIIT Ltd
Unichem Laboratories Ltd
Jyothy Laboratories Ltd
Adani Power Ltd
PTC India Financial Services Ltd
Sun Pharma Advanced Research Co Ltd
TOP OUTPERFORMERS
NIFTYSENSEX
Tata power
TOP OUTPERFORMERS
Tata Elxsi Ltd
ITC
DLF
Thursday, December 05, 2013
Jindal Steel
18.86
ASIAN INDICES
Whirlpool of India Ltd
% CHG
6.99
PREV.DAY
29.09
-181.77
ONGC
Hindalco
ICICI Bank
NCC Ltd/India
Timken India Ltd
-0.66
AMERICAN & EUROPEAN INDICES
% CHG
-0.59
CHANGE
-94.15
-40.90
BSE 500
SYMBOL
0.09
0.37
TOP UNDERPERFORMERS
SYMBOL
NIFTYSENSEX
10159
5.74
15.31
-0.32-5.75
-34.69
1958
-26.97
CHANGE
5.22
-4.12
INSTITUTIONAL ACTIVITIES
8.58
% CHG
1.31
-0.76
-2.17
0.20
819
% CHG
Tata Steel
-0.60
INDIAN INDICES
TOP UNDERPERFORMERS
-22.56 -1.12
* Last updated at 4 p.m. on
791
1670
CHANGE
-125.66
Wipro
TURNOVER & MARKET CAP
-23.82
-0.85
-341.72
Wednesday, December 04, 2013
-618
188.4 5.37 Aban Offshore Ltd352.7 -4.42
EXCHANGE ADV
BSE 1123
NSE 605 CLOSE % INDICES CLOSE %
11195 -0.15 BSE MIDcap 6353 -0.60
8882 0.17 BSE SmallCap 6182 -0.02
CNX Reality 172 -2.74 BSE 200 2462 -0.56
ADR CLOSE CNX FMCG 16632 -1.51
Infosys 53.56 CNX Infra 2436 -0.27 8.78
Tata Motor 32.23 CNX Pharma 7435 -0.58 RS/$ 62.33
Tata Comm. 6.62 BSE Auto 12197 -1.04 $ Index 80.68
HDFC Bank 32.88 BSE Metal 9571 0.45 Brent Crude ($) 112.36
Wipro 11.52 CNX MNC 5895 -0.86 Gold ($) 1214.94
ICICI Bank 35.74 BSE 500 7601 -0.52 Silver ($) 19.01
Sterlite Inds. 13.05 Nifty Midcap 2168 -0.84 PE CURRENT AVG
Dr. Reddy's Lab 40.04 Nifty JNR. 12328 -0.65 SENSEX 16.5 19.7
6168 -0.57 NIFTY 17.8 19.7
INDIAN ADR's
10 Yr Gsec yield
ADVANCES & DECLINES
SECTORAL INDICES
751
Whirlpool of India Ltd
BSE 100
BSE NSEDECLINES
2363
PREV.CLOSE
53.21
TOTAL
1356 INDICES
CNX Bank
CNX IT
OTHER IMP.DATA
1240
-0.65
% CHG
-2.63
-0.69
-1.25
31.91
#N/A N/A
32.75
-0.99
#VALUE!
-0.40
11.39
34.80
12.96
-1.13
39.54
