Documenti di Didattica
Documenti di Professioni
Documenti di Cultura
Domestic Indices
Indices
Close
Change
Change%
28709.87
-134.91
-0.47
CNX Nifty
8712.05
-44.70
-0.51
Nifty future
8760.30
-24.55
-0.28
S&PBSE 500
11319.91
S&PBSE Midcap
10860.25
-41.25
-40.99
-0.36
-0.38
S&PBSE Smallcap
11319.62
-32.32
-0.28
Indices
Close
Dow Jones
17662.94
Nasdaq
4859.80
FTSE
6702.84
DAX
11500.38
Hang Seng
23876.41
Nikkei
18766.62
SGX Nifty
8746.50
* Asian Market as at 7:30am
Change
-332.78
-82.64
-173.63
-81.73
-13.41
107.69
-9.50
Change%
-1.85
-1.67
-2.52
-0.71
-0.06
0.58
-0.11
Sensex: We said, "Weakness below the candle could test 28694..." The index traded lower and broke the previous support at
28694 at 2:50 pm, before ending 135 points or 0.4% lower. While telecom stocks surged higher, most other sectors ended flat to
negative. The Realty Index lost about 2% while the A/D ratio continued to be negative, at 1:2.
The action formed a smaller Bear candle but a break below 28694 generated "faster" retracement of the last rally. The bias
remains negative as long as the index keeps making a lower high-low. Protecting the low can be positive but watch if a higher
high is also made. We are now watching if the negative implication of last week's ELB would be similar to the previous ELB.
Exhibit 1: Sensex Daily Candlestick Chart
Global Indices
Market Breadth
39
122
Unchg
NSE
BSE
724
Decline
456
Advance
0
1585
1258
500
1000
1500
2000
Intraday
Rangebound
Short Term
Up
Support
8690-8660
8670
Resistance
8750-8780
9370
Trend Reversal
8670
20 Days EMA
8804
8045
8760.30
Targets :
8745/8725/Lower
Stop-loss :
8792.00
Page 2
Trend Scanner
Global Currencies
Spot
Positive Trends
Close
Prev.close
% Chg
Rupee (|)
62.780
62.544
-0.38
Scrip Name
Dollar Index
98.601
98.618
-0.01
Euro
1.071
1.070
0.07
British Pound
1.508
1.507
0.06
Japanese Yen
121.310
121.130
-0.17
Australian ($)
0.764
0.763
0.12
Swiss Franc
0.998
1.000
0.13
Candlestick Patterns
Close
% Change
10-day SMA
Delivery (%)
1127.30
2.23
1073.50
38.25
74.50
2.55
70.85
25.97
321.95
-1.08
290.39
38.13
295.00
2.81
283.17
36.11
Negative Trends
India 10 year
7.75
7.75
Scrip Name
US 10 Year
2.13
2.13
EURO 10 Year
0.23
GBP 10 Year
JPY 10 Year
Close
% Change
10-day SMA
Delivery (%)
DLF Ltd
144.90
-4.04
151.93
29.90
0.31
447.35
-2.79
459.97
21.33
1.80
1.93
944.55
-1.58
990.92
36.93
0.45
0.47
US Dollar
Close
Prev. Close
%Chg
Gold/ounce
1164.87
1161.84
0.26
Copper /ton
5788.5
5894
0.43
56.92
56.39
0.92
Brent Crude/barrel
Bullish Engulfing/Piercing
Voltas
264.1
DLF
Bharti Airtel
367.1
JSW Steel
944.0
SKS Micro
452.7
Reliance Capital
448.8
JP Associates
26.9
Commodities
371.6
Aurobindo Pharma
1127.3
Thermax
1301.0
TVS Motors
144.3
296.7
Overbought Stocks
Oversold Stocks
Ranbaxy
805.6
89.29
Titan Industries
405.75
19.88
Sun TV
436.5
88.91
India Cement
99.2
17.94
SAIL
67.3
14.12
LTP
AIA Engineering
1229
Concor
1674
Hitachi Home
1272
Natco Pharma
1640.8
Wockhard Pharma
1761
Institutional Activity
Cash Segment (| Cr)
FII
DII
10-Mar-15
-748.1
9-Mar-15
838.3
290.5
-35.3
5-Mar-15
79.8
-193.5
4-Mar-15
2,786.2
16.9
3-Mar-15
772.9
-303.9
Page 3
295.60
Comment :
Action :
Targets :
300.80/303.50/Higher
Stop-loss :
292.50
38.2% retracement
at 284
Page 4
The stock forming lower low in the daily chart and has given a short
term trendline breakdown in the daily chart indicating continuation of
profit booking in the coming session
DLF (DLFLIM) March Future
CMP
145.30
Targets :
142/140.50/Lower
Stop-loss :
146.50
RSI has given a sell signal and has moved below its nine periods average indicating bearish bias in the
coming sessions
Page 5
Nifty
UPL
GAIL
Product
Future
Future
Future
Strategy
Sell
Buy
Sell
Recommended Price
In range of 8840-8850
In range of 437-438
below 386.0
Targets
8810/8790/445.5/450/+
380/377/-
SL
8865.00
433.2
389.10
Gain/Loss %*
1.00
-
Comment
No trade
Stoploss triggered
No trade (Open at target)
NOTE: The follow-up and performance review table of the strategies indicates the profit opportunity that was available in the strategies. Individual profits may vary,
depending upon the entry and exit price and stop losses
Page 6
CLOSE
S1
S2
S3
R1
R2
R3
SENSEX
28709.87
28546.55
28384.25
28221.95
28728.85
28820
28911.15
TREND
NIFTY
8712.05
8666.95
8617.60
8568.30
8717.25
8742.40
8767.60
-ve
ACC
1650.15
1629.75
1616.95
1604.10
1651.75
1662.75
1673.75
-ve
-ve
-ve
ADANI ENTER.
648.45
632.30
623.30
614.30
652.20
662.10
672.05
ADANI PORT
317.55
312.20
309.10
306.00
318.80
322.10
325.40
-ve
ADITYA BIRLA
1649.90
1651.95
1643.45
1634.95
1668.95
1684.20
1699.50
+ve
ALLAHABAD BANK
105.20
104.95
104.00
103.10
106.80
107.70
108.65
+ve
AMBUJA CEMENT
259.50
256.65
253.30
249.95
260.45
262.30
264.20
-ve
AMTEK AUTO
152.25
150.25
148.90
147.55
152.60
153.80
155.00
-ve
82.30
81.05
80.40
79.80
82.30
82.90
83.55
-ve
ANDHRA BANK
APOLLO HOSP.ENT.
1358.05
1337.25
1324.40
1311.50
1360.55
1372.20
1383.85
-ve
APOLLO TYRES
173.70
172.50
171.30
170.15
174.85
176.05
177.15
Neutral
ARVIND
300.30
295.25
292.85
290.45
300.80
303.60
306.35
-ve
74.50
74.30
73.60
72.90
75.70
76.15
76.60
+ve
ASHOK LEYLAND
ASIAN PAINTS
AUROBINDO PHARMA
AXIS BANK
807.95
800.65
794.35
788.10
808.65
812.65
816.65
-ve
1127.30
1126.05
1114.80
1103.50
1148.55
1157.75
1166.95
+ve
585.45
578.70
571.80
564.90
586.10
589.80
593.50
-ve
2129.25
2130.70
2119.55
2108.35
2153.05
2167.90
2182.70
+ve
BOB
179.85
176.30
174.85
173.40
179.70
181.40
183.10
-ve
BOI
219.45
216.35
214.45
212.55
220.00
221.85
223.70
-ve
1224.65
1211.65
1203.40
1195.15
1226.35
1233.70
1241.05
-ve
764.20
762.00
758.05
751.45
770.00
774.00
780.60
Neutral
BAJAJ AUTO
BATA INDIA
BPCL
BHARTI AIRTEL
367.95
365.80
355.40
345.05
386.60
388.80
391.00
+ve
BHEL
259.10
257.15
255.25
251.90
261.00
262.95
266.30
Neutral
CAIRNS INDIA
231.05
228.05
226.75
225.45
231.95
233.90
235.90
-ve
CANARA BANK
406.05
401.65
397.00
392.40
407.45
410.35
413.25
-ve
CENTURY TEXT.
552.20
549.50
542.10
534.65
564.35
572.35
580.35
+ve
CESC
594.15
592.70
586.30
579.95
605.45
609.90
614.40
+ve
CIPLA
729.45
718.70
715.55
712.45
732.60
739.55
746.55
-ve
COAL INDIA
370.70
368.80
365.40
361.95
375.60
379.10
382.55
+ve
CROMPTON GREAVES
176.60
176.00
174.25
172.50
179.50
181.40
183.35
+ve
83.10
83.35
82.55
81.80
84.90
85.60
86.35
+ve
1763.00
1753.70
1741.55
1725.30
1778.05
1790.20
1806.45
DISH TV
DIVI'S LAB.
Neutral
Page 7
SCRIP
DLF
CLOSE
S1
S2
S3
R1
R2
R3
TREND
144.90
141.85
139.90
137.95
145.80
147.80
149.75
-ve
3437.30
3405.35
3386.50
3367.60
3440.00
3457.30
3474.60
-ve
EXIDE IND.
182.00
181.55
180.25
178.90
184.20
185.45
186.70
+ve
FEDERAL BANK
138.75
135.55
134.35
133.20
139.20
141.00
142.85
-ve
GAIL
383.55
378.25
373.50
368.80
382.70
384.95
387.20
-ve
3698.85
3666.45
3639.45
3612.45
3703.15
3721.50
3739.85
-ve
286.65
286.60
284.35
282.10
291.05
294.60
298.10
+ve
DR.REDDY'S LAB.
GRASIM
HAVELL'S INDIA
HCL TECH
2044.15
2025.10
2009.15
1993.15
2045.60
2055.85
2066.10
-ve
HDFC BANK
1052.55
1044.30
1037.00
1029.75
1052.90
1057.20
1061.55
-ve
HDFC
1312.40
1291.30
1279.10
1266.85
1320.30
1334.80
1349.30
-ve
HERO MOTO
2617.70
2614.40
2605.55
2596.75
2632.05
2641.35
2650.65
+ve
+ve
HEXAWARE TECH.
274.65
273.00
269.10
265.25
280.75
286.35
291.90
HINDALCO
138.05
135.60
133.15
130.70
138.60
140.05
141.55
-ve
HIND. UNILEVER
957.15
945.90
933.40
920.90
959.70
966.60
973.50
-ve
HPCL
636.05
636.80
633.05
629.25
644.40
648.00
651.55
+ve
593.35
589.80
583.55
574.65
602.30
608.60
617.45
Neutral
74.00
72.60
71.80
71.00
74.30
75.10
75.95
-ve
IDEA CELLULAR
IDBI
153.85
153.90
149.60
145.25
162.50
164.45
166.35
+ve
IDFC
171.45
169.15
167.60
166.05
171.45
172.60
173.75
-ve
35.95
35.40
34.95
34.45
36.00
36.30
36.55
-ve
INDUSIND BANK
896.75
891.95
885.70
880.00
904.45
910.70
916.35
Neutral
INDIA CEMENTS
99.15
99.25
98.60
98.00
100.50
101.50
102.55
+ve
INDRAPRASTHA GAS
432.35
433.60
430.90
428.25
439.00
442.75
446.50
+ve
IOC
346.05
341.35
339.05
336.75
345.55
347.65
349.75
-ve
73.15
72.20
71.45
70.70
73.35
73.90
74.45
-ve
2198.00
2169.80
2149.80
2129.80
2193.20
2204.90
2216.55
-ve
IRB INFRA.
240.20
235.05
231.25
227.45
240.85
243.75
246.65
-ve
ITC
338.55
336.75
334.85
332.60
340.55
342.45
344.70
Neutral
JINDAL ST&POW
190.05
181.45
177.55
173.70
190.40
194.85
199.35
-ve
JSW ENERGY
111.50
109.45
108.65
107.85
111.80
112.95
114.10
-ve
944.55
933.85
923.95
914.00
947.60
954.50
961.35
-ve
JUBILANT FOOD
1577.50
1555.55
1541.80
1528.05
1578.45
1589.90
1601.35
-ve
KOTAK MAH.BANK
1347.80
1320.65
1307.25
1293.85
1347.00
1360.15
1373.35
-ve
L&T
1752.45
1721.15
1703.35
1685.60
1753.90
1770.30
1786.70
-ve
NSE IND.FIN.CORP.OF
IB REAL ESTATE
INFOSYS
Page 8
SCRIP
LIC HOUSING
CLOSE
S1
S2
S3
R1
R2
R3
TREND
469.75
462.65
458.25
453.90
471.15
475.40
479.65
-ve
LUPIN
1898.40
1896.80
1885.00
1873.15
1920.45
1933.05
1945.60
+ve
M&M
1228.25
1227.95
1219.40
1210.80
1245.10
1252.90
1260.70
+ve
MARUTI SUZUKI
3646.75
3628.35
3611.35
3594.40
3652.70
3664.90
3677.10
-ve
MINDTREE
1401.80
1395.40
1387.00
1361.00
1412.20
1420.65
1446.60
Neutral
M&M FIN.SERV.
257.40
252.50
249.00
245.45
258.50
261.50
264.50
-ve
MOTHERSON SUMI
479.10
477.40
475.15
469.35
481.80
484.00
489.85
Neutral
NSE NHPC
NMDC
19.60
19.45
19.35
19.25
19.65
19.75
19.85
-ve
129.75
129.40
128.55
127.75
131.00
132.25
133.50
+ve
-ve
NSE NTPC
149.95
148.20
146.50
144.85
150.35
151.45
152.50
ONGC
314.40
308.70
307.25
305.80
314.10
316.80
319.50
-ve
OBC
236.35
235.20
233.80
231.85
238.00
239.40
241.35
Neutral
PETRONET LNG
179.50
179.70
178.70
177.75
181.65
182.45
183.30
+ve
POWER FINANCE
285.30
281.55
279.50
277.45
286.30
288.65
291.00
-ve
82.95
82.35
81.90
81.40
83.15
83.55
83.95
-ve
PNB
163.40
163.15
162.40
161.65
164.65
165.85
167.00
+ve
RANBAXY
804.55
791.75
782.10
772.40
807.25
815.00
822.75
-ve
64.50
64.45
63.10
61.70
67.20
68.35
69.50
+ve
PTC INDIA
RCOM
REL. CAPITAL
447.35
439.75
434.85
429.95
449.25
454.00
458.75
-ve
RELIANCE INFRA.
458.25
450.55
444.30
438.10
459.65
464.20
468.75
-ve
RELIANCE
859.15
851.10
844.20
837.30
861.30
866.40
871.50
-ve
57.85
57.65
57.30
56.55
58.30
58.65
59.40
Neutral
REC
345.20
342.30
339.15
336.30
348.60
351.75
354.60
Neutral
SAIL
67.00
66.85
66.30
65.75
67.90
68.35
68.75
+ve
197.60
194.75
191.65
188.50
197.35
198.65
199.95
-ve
SHRIRAM TRANS.
1191.85
1172.35
1158.45
1144.60
1192.70
1202.85
1213.05
-ve
SIEMENS
1368.50
1359.75
1352.05
1340.05
1375.20
1382.95
1394.95
Neutral
RELIANCE POWER
SESA GOA
450.10
447.90
443.20
438.45
457.30
462.85
468.40
+ve
SBI
287.60
284.05
282.75
281.40
288.10
290.15
292.20
-ve
1024.65
1009.75
999.30
988.80
1028.65
1038.10
1047.50
-ve
SUN TV
437.05
433.40
430.55
426.65
439.15
442.05
445.95
Neutral
SYNDICATE BANK
112.20
109.80
108.65
107.55
112.35
113.65
114.95
-ve
TATA COMM.
422.05
418.65
413.60
407.55
428.85
433.95
440.00
Neutral
TATA CHEM.
449.75
445.60
442.10
438.60
451.00
453.70
456.40
-ve
SUN PHARMA
Page 9
SCRIP
CLOSE
S1
S2
S3
R1
R2
R3
TREND
343.70
341.15
338.20
334.10
347.05
350.05
354.15
TATA MOTORS
560.20
555.05
552.15
549.25
562.05
565.55
569.05
-ve
TATA POWER
81.10
80.25
79.40
78.60
81.40
82.00
82.60
-ve
-ve
Neutral
157.25
155.05
153.65
152.25
157.65
158.95
160.25
TCS
2642.70
2599.20
2577.60
2556.00
2640.70
2661.45
2682.20
-ve
TECH MAHINDRA
2839.80
2826.45
2803.30
2780.15
2872.70
2897.00
2921.30
+ve
TATA STEEL
331.60
328.10
325.90
323.75
332.55
334.80
337.05
-ve
TITAN IND.
405.40
404.75
402.85
400.95
408.55
411.20
413.85
+ve
TVS MOTOR
295.00
294.00
291.55
289.10
298.90
302.15
305.40
+ve
UCO BANK
68.55
68.35
68.05
67.25
68.95
69.25
70.00
Neutral
3017.20
2979.15
2944.95
2910.75
3030.60
3056.35
3082.05
-ve
170.95
170.80
169.85
168.90
172.70
173.95
175.20
+ve
ULTRATECH CEMENT
UBI
UNITED PHOSPH.
433.90
432.40
429.85
424.30
437.50
440.05
445.65
Neutral
VOLTAS
262.00
261.80
258.65
255.45
268.15
270.55
272.95
+ve
WIPRO
654.30
645.60
642.65
639.70
654.00
658.20
662.40
-ve
1781.65
1775.15
1753.80
1732.40
1817.90
1831.05
1844.25
+ve
WOCKHARDT
YES BANK
827.60
821.65
814.35
805.50
836.15
843.40
852.30
Neutral
ZEE
341.90
341.00
338.05
335.10
346.90
348.60
350.25
+ve
Page 10
NOTES:
Please execute the recommendation within the levels provided in the report
Once the recommendation is executed, it is advisable to keep strict stop loss as provided in the report
Avoid entering into the recommendation in the first 5 minutes of trade
If the recommendation opens near the target levels due to gap up/gap down opening, then the
recommendation is considered not initiated
The recommendations are valid only for the day and should be squared off by the end of the day
Only stocks in derivatives segment have been considered for daily trading
Medium to long-term prospects of a stock does not have any bearing on the daily view
It is recommended to spread out the trading corpus in a proportionate manner between the various technical
research products.
Please avoid allocating the entire trading corpus to a single stock or a single product segment
Within each product segment it is advisable to allocate equal amount to each recommendation.
For example: The Daily Calls product carries 3 to 4 intraday recommendations. It is advisable to allocate
equal amount to each recommendation
Page 11
Products
Allocations
Product wise
Max allocation
allocation
in 1 stock
Return Objective
Number of Calls
Frontline Stocks
Mid-cap stocks
Duration
Daily Calls
8%
2-3%
3-4 Stocks
0.50-1%
2-3%
Intraday
6%
3-5%
7-10 p.m
4-5%
7-10%
Opportunity based
Weekly Calls
8%
3-5%
1-2 Stocks
5-7%
7-10%
1 Week
Weekly Technical
8%
3-5%
1-2 Stocks
5-7%
7-10%
1 Week
Monthly Call
15%
5%
2-3 Stocks
7-10%
10-15%
1 Month
Monthly Technical
15%
2-4%
5-8 Stocks
7-10%
10-15%
1 Month
Techno Funda
15%
5-10%
1-2 Stocks
6 Months
Technical Breakout
15%
5-10%
1-2 Stocks
3-6 Months
Cash in Hand
10%
100%
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Candlesticks Glossary:
Candlestick patterns describe the market sentiment for the specified period. Some of the formations suggest reversal of
sentiment (trend) and, therefore, are important for a chart reader. By themselves, the patterns do not carry any price target but
only an indication of change in market behaviour. More importance needs to be given to the placement of the pattern within
larger trend
Bullish Engulfing Line: A potential bottom reversal pattern. This pattern typically appears at the culmination of a decline or
downtrend. The market falls, and a black candle forms (ideally a small black candle). Next, a white real body wraps around the
prior sessions black body. Low of the pattern becomes short term support for prices
Piercing Line: Potential bottom reversal pattern. A black body forms in the downtrend. The market continues moving south on
the next sessions open but that session culminates in a white real body that closes (e.g. pierces) than half way or more into the
prior black body. Lowest low between two candles is referred to as technical support for prices
Hammer: A candlestick line which, during a downtrend, has a very long lower shadow and small real body (black or white) at
the top end of the sessions range. There should be no, or a very small, upper shadow. Pattern suggests buying support during
declines and needs confirmation in terms of sustainability of prices above head of the Hammer in following session
Bearish Engulfing Line: Potential top reversal signal. This two candlestick pattern emerges during a rally. A black candle real
body wraps around a white real body (classically a small white candle) Highest high between two candles becomes resistance
level for prices for future reference
Dark Cloud cover: A dark cloud cover forms a top reversal pattern. The first session should be a strong, white real body. The
second sessions price opens over the prior sessions high (or above the prior sessions close). By the end of the second session,
it closes near the low of the session and should fall well into the prior sessions white body. Pattern suggests that market has a
poor chance of rising immediately
Shooting Star: A single candlestick line during a rally in which there is a small real body (white or black) at the bottom end of
the session's range and a very long upper shadow. The candle line should also have little or no lower shadow. Pattern suggest
the trouble for prices overhead.
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Pankaj Pandey
Head Research
pankaj.pandey@icicisecurities.com
Page 14
Disclaimer
ANALYST CERTIFICATION
We /I, Dharmesh Shah, Dipesh Daga, Nitin Kunte, Pabitro Mukherjee Research Analysts, authors and the names subscribed to this report, hereby certify that all of the views expressed in this research report
accurately reflect our views about the subject issuer(s) or securities. We also certify that no part of our compensation was, is, or will be directly or indirectly related to the specific recommendation(s) or view(s) in this
report.
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