Weekly Equity Tips & Report 18 Jan

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R
W EE E K L Y
P
18 JAN 22 JAN 2016
O
R
T

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MARKET GOSSIPS

Pain continues for the second consecutive week on global


worries, dismal Q3 earnings and oil woes.
Nifty PSU Bank index tanks; SBI, Union Bank hits fresh
low.
Petrol price cut by 32p/litre, diesel by 85p; First reduction
in rates this month.
HUL Q3 net profit tanks 22% on provision; volume growth
@6 percent.
Jet Airways tanks despite of positive news that company
enters into agreement with Bangkok Airways.
Zeel Q3 profit narrow 11 percent despite of 17 percent
revenue growth.
Wockhardt Pharma tanks 16 percent on Form 483 and drug
recalls.
NIIT Tech reported 54 percent jump in Q3 net profit stood
at Rs 74.2 crore.
Pipavav Defence Q3 net loss widens to Rs 293.60cr due to
sharp decline in the income from operations.
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NIFTY WEEKLY

Support & Resistance


CLOSE

S2

S1

CRUCIAL POINT

R1

R2

7446.25

7190

7300

7350

7620

7730

Weekly market view

Markets showed sideways to weak for the week on back of weak global cues,
jittering Crude Oil prices, depreciating Rupee, weak IIP nos; all factors were
responsible to drag the indices losing around 2%. Nifty future on weekly
charts surpassed important level of 7550 and closed around the next major
support of 7450. If it sustains below this major support then free fall can take
place towards 7300-7210 while on higher side, 7620 is seen as immediate
resistance for the week sustaining above which can indicate some correction
in the index. Result earnings can hit the market volatility in coming week.

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INDEX

VALUE

PTS

SENSEX

24455

-479

-1.95

NIFTY

7435

-164

-2.20

BANK NIFTY

15206

-936

-6.15

INDIA VIX

19.41

1.62

8.34

FII

DII

DATE

(Figures are in Rs. cr.)

(Figures are in Rs. cr.)

11-JAN-16

-1319.24

900.99

12-JAN-16

-540.99

141.25

13-JAN-16

-75.90

618.79

14-JAN-16

-1221.97

1526.22

15-JAN-16

-1123.79

688.84

Indices Change

Top Nifty Losers ( Weekly)

Top Nifty Gainers (Weekly)


BALRAMCHIN

83.60

P.
Close
75.20

MINDTREE

1539.0

1416.6

8.64

JINDAL STEL

64.05

84.00

23.75

INFOSYS

1140.2

1051.2

8.46

IDBI

61.00

77.80

21.59

RELIANCE

1073.1

1011.5

6.09

ALBK

52.75

64.40

18.09

BPCL

933.50

883.45

5.67

ORIENTALBK

104.15

127.05

18.02

Scrip

Price

STOCK

Scrip

Price

P. Close

SINTEX

75.20

99.85

24.69

%
11.17

CALLS OF THE COMMENTS


WEEK

DABUR(FUT)

SELL

BELOW 250 TARGETS 247-244 SL 255.50.

TATAMOTORS(FUT)

SELL

BELOW 338 TARGETS 335-332 SL 343.20.

LAST UPDATE

LICHSGFIN EQ BUY CALL NOT EXECUTED.

LAST UPDATE

RELIANCE EQ BUY CALL FINAL TARGET ACHIEVED.

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WEEKLY
PICK
NIFTY FUT.

TECHNICAL VIEW

RAJESHEXPO EQ HAS BEEN TRADING AROUND RECORD HIGHS LAST WEEK


AND HENCE IS EXPECTED TO GIVE POSITIVE BREAKOUT ABOVE IT.
BUY ABOVE 733 TARGETS 760-790. MAINTAIN SL OF 690.

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