Top Banner
NIFTY SENSEX BANK NIFTY HIGH 6209 20863 11216 LOW 6150 20674 11108 8951 8864 Thursday, December 05, 2013 CNX IT CNXNIFTY(6161): CNXNiftywentontomaketheBEARISHBUTTERFLYharmonicpatternondailychartsfollowedbyaBearishHaramicandlestickpatternonTuesdayandgaveinon Wednesday.Nowtheindexhassupportat6114-6100levelsonthedownside.Fortheday,theindexholdingonto6140cantarget6200againontheupside.Failingtoholdontotheall important 6140 levels can trigger a freshround of selling towards 6080 or even 6040 levels. The implications of the said harmonic pattern could be relatively negative as lower levels like6040arenowvulnerabletobetestedifcurrentlevelsarenotheldas weapproachtheoutcomeofelectionswhichwillbeoutthisSunday.Exitpolldatasuggeststhattherewillbea gap up opening today and the gap is likely to sustain ahead of the final election results. FROM THE RETAIL RESEARCH DESK MARKET OUTLOOK CNX NIFTY COMMENTS PIVOT TABLE S&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 below20600thensomemoreprofittakingtill20500-20400canbewitnessed 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
5

S&P BSE~SENSEX PIVOT TABLE Morning T… · SENSEX NIFTY Tata power TOP OUTPERFORMERS Tata Elxsi Ltd ITC DLF Thursday, December 05, 2013 Jindal Steel 18.86 ASIAN INDICES Whirlpool

Jun 18, 2020

Download

Documents

dariahiddleston
Welcome message from author
This document is posted to help you gain knowledge. Please leave a comment to let me know what you think about it! Share it to your friends and learn new things together.
Transcript
Page 1: S&P BSE~SENSEX PIVOT TABLE Morning T… · SENSEX NIFTY Tata power TOP OUTPERFORMERS Tata Elxsi Ltd ITC DLF Thursday, December 05, 2013 Jindal Steel 18.86 ASIAN INDICES Whirlpool

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

Page 2: S&P BSE~SENSEX PIVOT TABLE Morning T… · SENSEX NIFTY Tata power TOP OUTPERFORMERS Tata Elxsi Ltd ITC DLF Thursday, December 05, 2013 Jindal Steel 18.86 ASIAN INDICES Whirlpool

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

Page 3: S&P BSE~SENSEX PIVOT TABLE Morning T… · SENSEX NIFTY Tata power TOP OUTPERFORMERS Tata Elxsi Ltd ITC DLF Thursday, December 05, 2013 Jindal Steel 18.86 ASIAN INDICES Whirlpool

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 ACTIVITIES8.58

% 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 AVGDr. 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 & DECLINESSECTORAL 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

Page 4: S&P BSE~SENSEX PIVOT TABLE Morning T… · SENSEX NIFTY Tata power TOP OUTPERFORMERS Tata Elxsi Ltd ITC DLF Thursday, December 05, 2013 Jindal Steel 18.86 ASIAN INDICES Whirlpool

SCRIP NAME OPEN HIGH LOW CLOSE PIVOT R 2 S 1 S 2 TRENDER+

ACC 1096 1108 1093 1104 1101 1117 1095 1086 UPAMBUJA CEMENT 186 186 183 184 184 187 183 182 UPASIAN PAINTS 506 508 501 503 504 511 500 497 DownAXIS BANK 1186 1199 1180 1196 1192 1210 1185 1173 UPBAJAJ AUTO 1943 1957 1924 1933 1938 1971 1919 1905 UPBHARTI AIRTEL 329 337 329 333 333 341 329 325 DownBHEL 164 166 162 165 164 168 163 161 DownBPCL 348 354 343 351 349 360 345 338 UPCAIRN INDIA 321 322 318 320 320 324 318 316 UPCIPLA 390 394 387 390 390 397 387 384 UPCOAL INDIA 271 273 268 273 271 276 269 266 FlatDLF 156 158 152 153 154 161 151 148 DownDr.REDDY'S LABS 2450 2488 2440 2444 2458 2505 2427 2410 UPGAIL INDIA 345 346 338 339 341 349 336 333 DownGRASIM INDS 2660 2667 2627 2634 2642 2683 2618 2602 DownHCL TECH 1120 1134 1111 1117 1121 1143 1107 1098 UPHDFC 820 822 810 814 815 827 809 803 DownHDFC BANK 655 660 652 659 657 664 654 649 UPHERO MOTOCORP 2048 2090 1996 2028 2038 2132 1986 1944 DownHINDALCO 124 124 120 121 122 126 119 118 DownHINDUSTAN UNILEVER 578 579 570 572 574 583 568 565 DownICICI BANK 1078 1078 1058 1072 1070 1090 1061 1049 UPIDFC 107 109 105 106 107 110 104 103 UPINDUSIND BANK 423 431 421 426 426 436 421 416 UPINFOSYS 3350 3386 3337 3365 3363 3412 3339 3313 UPITC 319 320 312 312 315 322 310 307 DownJINDAL STEEL & PWR 275 283 274 280 279 288 275 270 UPJP ASSOCIATES 54 56 53 55 55 57 53 52 UPKOTAK MAHINDRA BANK 753 762 747 749 752 768 743 737 DownLARSEN & TOUBRO 1046 1054 1033 1041 1043 1064 1031 1022 DownMAHINDRA & MAHINDRA 946 954 940 944 946 960 938 932 DownMARUTI SUZUKI 1652 1670 1634 1638 1647 1683 1624 1611 DownNMDC 137 140 136 140 139 143 137 135 UPNTPC 146 147 144 146 146 148 144 143 DownONGC 292 293 286 287 289 295 285 282 DownPOWERGRID 94 96 93 96 95 98 94 92 UPPUNJAB NATIONAL BANK 552 572 550 572 565 587 557 542 UPRANBAXY LABS 454 461 443 445 450 468 438 432 UP

Thursday, December 05, 2013

1203

1110 1114 - 1098

1952

952

1052

337

166

356

322

394

275

157

108

2475

344

456

580

97

186

291

147

141

1660

2658

662

3389

317

284

56

758

2080

124

578

431

1081

755 - 740

286 - 277

57 - 54

108 - 104

1048 - 1027

949 - 935

1654 - 1618

142 - 138

583 - 561

1125 - 1103

321 - 317

2650 - 2610

1075 - 1055

3400 - 3351

316 - 308

358 - 347

433 - 423

1207 - 1188

2059 - 1965

123 - 118

1945 - 1912

339 - 331

2466 - 2419

342 - 334

1130

147 - 144

576 - 566

156 - 149

663 - 655

R 1

507

821

DAILY PROJECTED RANGE

818 - 806

396 - 389

276 - 270

167 - 164

290 - 283

97 - 95

453 - 435

TRENDER+ OF NIFTY 50 STOCKS

506 - 499

185 - 182

RANBAXY LABS 454 461 443 445 450 468 438 432 UPRELIANCE INDS 861 868 853 858 860 874 852 845 FlatRELIANCE POWER 73 75 73 73 74 75 72 72 UPSAIL 69 70 68 69 69 71 68 68 UPSBI 1807 1835 1796 1822 1818 1856 1801 1779 UPSIEMENS 602 618 597 606 607 628 597 587 DownSUNPHARMA 596 598 586 590 591 603 584 579 FlatTATA MOTORS 397 401 391 393 395 405 389 384 DownTATA POWER 80 83 80 82 82 85 80 79 UPTATA STEEL 409 416 408 415 413 421 410 405 UPTCS 2020 2032 1994 2004 2010 2048 1988 1972 DownWIPRO 481 495 479 491 488 504 482 472 UP497

866

617

1839

70

74

456

2026

418

83

399

597

501 - 485

622 - 602

420 - 412

397 - 387

75 - 73

70 - 69

2018 - 1980

1848 - 1809

594 - 582

84 - 81

453 - 435

863 - 849

Page 5: S&P BSE~SENSEX PIVOT TABLE Morning T… · SENSEX NIFTY Tata power TOP OUTPERFORMERS Tata Elxsi Ltd ITC DLF Thursday, December 05, 2013 Jindal Steel 18.86 ASIAN INDICES Whirlpool

HOW TO TRADE USING THE TRENDER+

Thursday, December 05, 2013

Trend is the level at which the tendency of stocks can be identified. For best results, you can use the 'trender' to trade. A 'weak' trend denoted by “DOWN” means that traders can trade with a negative bias. If the trend is 'strong',denoted by “UP”, one can trade with a positive bias on the long side. Base price should be the pivot point price.

IF THE TREND IS UP

CLOSING PRICESClosing price is the price at which scrip closes on the date mentioned in the report. Traders may initiate their intraday trade on this level. The stock or index should sustain above or below the pivot else you should exit the trade.

TREND

TRENDER + : This is a broad based technical trend of the stock prevailant, may or may not be necessarily for the day.

Ideally, for a sell position, sell at the pivot point and use R1 as a stop loss and S2 or lower levels as a target level.

IF THE TREND IS DOWN

Ideally, for a buy position, buy at the pivot point and use S1 as the stop loss for a target of levels around R2 and higher.

THE TREND AND THE DAILY PROJECTED RANGE IS BASED ON CERTAIN SIMPLE CALCULATIONS WHICH IS PROVIDED BY BLOOMBERG, EXCLUSIVELY USED BY

DAILY PROJECTED RANGE : Projected Daily high and low are indicative range for the day, if the price moves out of the range the trend in that side may accelerate and turn bullish or bearish.

Tel No: +91 22 4001 3700 | Fax No: +91 22 4001 3770 | Website: www.rathi.com

ANAND RATHI SHARE AND STOCK BROKERS LIMITED 4 th Floor , Silver Metropolis, Jaicoach Compound Opposite Bimbisar Nagar,Goregaon(East), Mumbai - 400063.

THE TREND AND THE DAILY PROJECTED RANGE IS BASED ON CERTAIN SIMPLE CALCULATIONS WHICH IS PROVIDED BY BLOOMBERG, EXCLUSIVELY USED BY ANAND RATHI ~ RETAIL RESEARCH.

Disclaimer:-Thisreport has been issued by Anand Rathi Share and Stock Brokers Limited (ARSSBL), which is regulated by SEBI. The informationherein was obtained from various sources; we do not guarantee its accuracy or completeness. Neither the information nor

any opinion expressed constitutes an offer, or an invitation to make an offer, to buy or sell any securities or any options, futures or other derivatives related to such securities ("related investments"). ARSSBL and its affiliatesmay trade for their own accounts as market

maker / jobber and/or arbitrageur in any securities of this issuer(s) or in related investments, and may be on the opposite side of public orders. ARSSBL, its affiliates, directors, officers, and employees may have a long or short position in any securities of this issuer(s)

or in related investments. ARSSBL or its affiliatesmay from time to time perform investment banking or other services for, or solicit investment banking or other business from, any entity mentioned in this report. This research report is prepared for private

circulation. It does not have regard to the specific investment objectives, financial situation and the particular needs of any specific person who may receive this report. Investors should seek financial advice regarding the ppropriateness of investing in any securities

or investment strategies discussed or recommended in this report and should understand that statements regarding future prospects may not be realized. Investors should note that income from such securities, if any, may fluctuate and that each security's price or

value may rise or fall. Past performance is not necessarily a guide to future performance. Foreign currency rates of exchange may adversely affect the value, price or income of any security or related investment mentioned in this report.