Equity WEEKLY REPORT

03-oct-2016

'Trade House'
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INDIAN MARKET WEEKLY OUTLOOK

INDIAN INDICES WEEKLY
INDICES

GLOBAL MARKET WEEKLY

CLOSE

CHANGE (%)

DOW JONES

18308.15

0.25

NASDAQ

5312.00

0.11

CAC 40

4448.26

-0.90

DAX

10511.02

-1.09

FTSE 100

6899.33

-0.14

-0.95

NIKKEI

16449.84

-1.81

15413.10

-1.65

HANG SENG

23297.15

-1.64

6137.30

-3.14

SHANGHAI COM.

3005.51

-0.93

CLOSE

CHANGE (%)

NIFTY

8611.15

-2.49

SENSEX 30

27865.96

-2.79

NIFTY 500

7394.85

-2.11

NIFTY BANK

19285.70

-3.09

NIFTY IT

10292.30

NIFTY MIDCAP
NIFTY SMALL CAP

INDIAN SECTORIAL INDICES WEEKLY

INDICES

CLOSE

CHANGE (%)

NIFTY PHARMA

11461.00

-2.86

NIFTY AUTO

10029.30

NIFTY METAL

INDICES

COMMODITY AND CURRENCY WEEKLY

CLOSE

CHANGE (%)

GOLD COMEX

1318.75

-1.69

-1.91

GOLD INDIAN

30690

-1.96

2522.05

-0.78

SILVER COMEX

19.227

-2.69

NIFTY FMCG

21542.05

-3.46

SILVER INDIAN

45760

-2.22

NIFTY ENERGY

9756.20

-1.31

WTI CRUDE NY.

48.04

7.66

NIFTY INFRA

2793.40

-3.76

CRUDE INDIAN

3211

7.8

NIFTY FIN. SER.

7952.80

-3.21

USD-INR

66.60

-0.07

NIFTY SER. SEC..

10926.15

-2.10

EUR-INR

75.00

0.12

NIFTY MEDIA

2969.80

1.31

GBP-INR

86.43

0.05

NIFTY REALTY

202.70

-3.72

JPY-INR

65.67

-0.56

NIFTY WEEKLY TOP GAINERS

SCRIPT
CLOSE
CHANGE (%)

INDICES

ZEE ENTERTAIN.

546.60

4.19

NIFTY WEEKLY TOP LOSERS

SCRIPT
CLOSE
CHANGE (%)
ADANI PORTS
252.05
-8.38

BPCL

614.05

1.55

BHEL

AURO PHARMA

852.95

1.41

TCS

2430.30

YES BANK

1244.75

134

-8.31

ICICI BANK

251.75

-7.19

1.34

TECH MAHINDRA

428.35

-5.77

0.94

SUN PHARMA

737.15

-5.50

NIFTY WEEKLY OUTLOOK

Nifty ended the week with losing 2.5% and
closed at 8611.15. Though Nifty already looked
weak on charts, the sudden fall came as a reaction to the action on Indo-Pak border. Nifty took
support at 8555 and tried to recover fading
away the fears from market.
Resistance levels lie at 8700 and 8750 levels.
Strong support is seen between 8555 and 8470.
Broad range for Nifty in the week is seen between 8750 to 8470 levels.
NIFTY WEEKLY
INDEX

CLOSE

CHANGE

CHG.(%)

NIFTY

8611.15

-220.4

-2.49

NIFTY BANK WEEKLY OUTLOOK

Nifty Bank ended the week at 19285.70 with
losses of 3.09%. Looking weak on charts the
index fell after a trigger from LOC tensions. Nifty bank made a low of 19059.05 at its strong support level around 19000. Bounce from this level
is expected to continue. There is minor resistance between 19400-19450 levels and strong
resistance around 19950.
Broad range for the Nifty Bank in the week is
seen between the levels of 19000 to 19950.

NIFTY BANK WEEKLY

INDEX

CLOSE

CHANGE

CHG.(%)

NIFTY BANK

19285.70

-616.10

-3.09

WEEKLY STOCK RECOMMENDATION

WEEKLY STOCK FUTURE RECOMMENDATION
Indiabulls Real Estate Future (27-Oct-16)
has strong bullish trend. The stock is moving in higher bottom higher top formation
after retracement from top levels. The potential of stock is supported by increasing
volumes and RSI crossover.
Buy Indiabulls Real Estate Future (27-Oct16) above 93 keeping first target around 95
and second target around 97, maintaining a
stop loss below 91.50.
INDIABULLS REAL ESTATE (FUTURE)
ENTRY

TARGET

STOPLOSS

93

95

91.50

WEEKLY STOCK CASH RECOMMENDATION

MBL Infrastructures Ltd. is a potential
buy which can yield good returns. The
stock took support exactly above the 20
Day Moving Average on daily chart.
RSI crossover forming a W-pattern signals strong rise for MBL infra.
Buy MBL infrastructures ltd around
102 keeping the first target of 112 and
second target of 122, maintaining stop
loss below 96.
MBL INFRASTRUCTURES LTD
ENTRY

TARGET

STOPLOSS

102.50

112

96

STOCK IN NEWS
MARUTI SUZUKI

KOTAK MAHINDRA BANK

Maruti Suzuki clocks 31.1% rise in sales for

September, highest ever monthly domestic
sales . The company sold a total of 149,143
units in September 2016, growing 31.1%
compared to a total of 113,759 units in September 2015.

Kotak Mahindra Bank, the countrys fourth

largest private sector lender, has acquired BSS Microfinance in an all-cash deal
for Rs 139.2 crore.

HINDUSTAN COPPER
The Government raised Rs. 400 crore from
stake sale in Hindustan Copper even as retail investors bid for less than a third of the
shares reserved for them, while there was
over-subscription by institutional investors
to bridge the shortfall.
Government offered 6,47,65,260 shares
(comprising 7% of total paid up equity) to
public through OFS route, at floor price of
Rs.62 per share of face value Rs.5/-, 20% of
the offer size, i.e. 1,29,53,052 shares were reserved for retail category.
MCX
The Reserve Bank of India has notified that
Foreign Institutional Investors (FIIs)/
Registered Foreign Portfolios Investors
(RFPIs) can under the Portfolio Investment
Scheme (PIS) now invest up to 30% of the
paid up capital of Multi Commodity Exchange of India Limited. The purchases
could be made through primary market and
stock exchanges.

The bank said with this, it has entered

the microfinance space that has been growing
at a rapid pace. This acquisition will allow Kotak to tap the lower end of the customer base
and will also help the bank in meeting the priority sector lending (PSL) targets, as BSS
loans book qualifies for PSL .
ZEE ENTERTAINMENT
Indian content conglomerate Zee Entertainment Enterprises Limited (ZEEL) on Thursday
announced
its
foray
into
the radio industry with the acquisition of
UAEs Hum 106.2 FM radio station.
This now enables ZEE provide an extensive
media solution to its partners through television, radio and digital media.
SINTEX INDUSTRIES
The Plastic products maker Sintex Industries announced that its board has approved
demerger of custom moulding business and
prefab business from its two arms Sintex
BAPL and Sintex Infra Projects, respectively.
Post demerger, the company will predominantly carry the textile and spinning business,
Samir Joshipura, Group CEO of Sintex told.

NIFTY STOCKS WEEKLY PIVOT TABLE

Resistance Zone

Last week price

Support Zone

Week
Close

Res-3

Res-2

Res-1

Pivot
Point

NIFTY

8611.2

9016.4

8913

8762.1

8658.6

8507.7

8404.3

8253.4

BANKNIFTY

19285.7

20435.3

20114.7

19700.2

19379.6

18965.1

18644.5

18230

SENSEX

27866

29339.8

28985.4

28425.7

28071.2

27511.5

27157.1

26597.4

ACC

1611.9

1685.2

1656.3

1634.1

1605.2

1582.9

1554

1531.8

AMBUJACEM

251.7

273.4

268.2

260

254.8

246.5

241.3

233.1

ASIANPAINT

1160

1237.6

1220.5

1190.2

1173.1

1142.9

1125.8

1095.5

AXISBANK

543

597.4

578.7

560.9

542.2

524.3

505.6

487.8

BAJAJ-AUTO

2840

3060.9

3007.4

2923.7

2870.3

2786.6

2733.1

2649.4

BANKBARODA

167.7

183.9

177.4

172.6

166.1

161.2

154.7

149.9

BHARTIARTL

313.5

346

337.4

325.4

316.8

304.8

296.2

284.2

BHEL

134.8

161.6

154.2

144.5

137

127.3

119.9

110.2

BPCL

613.6

663

645.8

629.7

612.5

596.4

579.2

563.1

CAIRN

200.4

220.1

212.7

206.5

199.1

192.9

185.5

179.3

CIPLA

579.7

661.8

638.4

609.1

585.7

556.3

532.9

503.6

COALINDIA

323

354.8

346

334.5

325.7

314.2

305.4

293.9

DRREDDY

3105

3371.8

3299.7

3202.4

3130.3

3033

2960.9

2863.6

GAIL

374

417.3

402.2

388.1

372.9

358.8

343.7

329.6

GRASIM

4854

5247

5092.7

4973.4

4819.1

4699.7

4545.4

4426.1

HCLTECH

800

832.6

818.6

809.3

795.3

786

772

762.7

HDFC

1395

1475.8

1454.4

1424.7

1403.2

1373.5

1352.1

1322.4

HDFCBANK

1275

1341.6

1325.3

1300.1

1283.8

1258.6

1242.3

1217.1

HEROMOTOCO

3416

3648.7

3591

3503.5

3445.8

3358.3

3300.6

3213.1

HINDALCO

152.8

169.8

164

158.4

152.6

147

141.2

135.6

HINDUNILVR

870.6

950.2

932.1

901.3

883.2

852.4

834.3

803.5

ICICIBANK

252.4

291.7

280.2

266.3

254.8

240.9

229.4

215.5

IDEA

79.3

87.5

85.4

82.3

80.2

77.1

75

71.9

IDFC

67

81.7

76.1

71.5

65.9

61.4

55.8

51.2

1195

1274.4

1253.2

1224.1

1202.8

1173.7

1152.5

1123.4

INFY

1033.8

1073.7

1061.8

1047.8

1035.9

1021.9

1010

996

ITC

242.3

263

258.1

250.2

245.4

237.5

232.6

224.7

KOTAKBANK

780.2

831.1

815.3

797.7

781.9

764.4

748.6

731

LT

1435.2

1590.4

1550.3

1492.8

1452.7

1395.1

1355

1297.5

LUPIN

1484

1602.3

1567.1

1525.5

1490.3

1448.7

1413.5

1371.9

M&M

1404

1495.9

1455.9

1430

1390

1364

1324

1298.1

Stock Name

INDUSINDBK

Sup-1

Sup-2

Sup-3

NIFTY STOCKS WEEKLY PIVOT TABLE

Resistance Zone

Last week price

Support Zone

Week
Close

Res-3

Res-2

Res-1

Pivot
Point

5490.2

5858.3

5741.7

5615.9

5499.3

5373.5

5256.9

5131.1

NMDC

106

120

115.4

110.7

106

101.3

96.7

92

NTPC

148.8

163.6

160.1

154.4

150.9

145.2

141.7

136

ONGC

257

278.3

269.4

263.2

254.3

248.1

239.2

233

PNB

141

169.1

159.8

150.4

141.1

131.7

122.4

113

POWERGRID

176.3

192.3

187.2

181.8

176.7

171.2

166.1

160.7

RELIANCE

1084.5

1183.9

1156.7

1120.6

1093.5

1057.4

1030.2

994.1

SBIN

252

271.3

264

258

250.8

244.8

237.5

231.5

SUNPHARMA

743

826.4

805.3

774.2

753.1

721.9

700.8

669.7

TATAMOTORS

534.6

584.1

567

550.8

533.7

517.5

500.4

484.2

TATAPOWER

75.2

82.2

79.4

77.3

74.5

72.4

69.6

67.5

TATASTEEL

375.6

405.7

394.8

385.2

374.2

364.6

353.7

344.1

TCS

2432.2

2522.3

2489.4

2460.8

2427.9

2399.3

2366.4

2337.8

TECHM

420.7

479.2

466.7

443.7

431.2

408.2

395.7

372.7

ULTRACEMCO

3853

4118.4

4059.4

3956.2

3897.1

3793.9

3734.9

3631.7

VEDANTA

172.5

192.8

185.4

178.9

171.5

165

157.6

151.1

WIPRO

479.1

501

493

486

478

471

463

456

YESBANK

1256.3

1397.1

1351

1303.7

1257.6

1210.3

1164.2

1116.9

ZEEL

545.6

596.9

577.8

561.7

542.6

526.5

507.4

491.3

Stock Name
MARUTI

Sup-1

Sup-2

Sup-3

OUR MONTHLY RECOMMENDATIONS

SCRIP

RECOM

ENTRY

TGT-1

TGT-2

STOPLOSS

STATUS

MARUTI SUZUKI

BUY

5510

5800

6300

5150

OPEN POSITION

MBL INFRA

BUY

102.50

120

140

87

OPEN POSITION

BHEL

BUY

136

145

157

124

OPEN POSITION

HCC

BUY

34.60

39.60

45

31.50

OPEN POSITION

TATA ELXSI

BUY

1450

1550

1650

1360

OPEN POSITION

SBIN

BUY

252.50

270

292

235

OPEN POSITION

TATASTEEL

BUY

380

407

440

357.50

OPEN POSITION

AXIS BANK

BUY

541

580

620

512

OPEN POSITION

RANE MADRAS

BUY

490

530

570

450

OPEN POSITION

EXIDE IND

BUY

185

197

210

177

OPEN POSITION

UNION BANK

BUY

137.70

146

160

129

OPEN POSITION

RELIANCE COMMUNICATION

BUY

47.80

51

55

45.20

OPEN POSITION

DISCLAIMER
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and should consult their own advisors to determine the merits and risks of such an investment.
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