Weekly ananlysis for equity market 28 jan2013


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Weekly ananlysis for equity market 28 jan2013

  1. 1. Weekly Newsletter-Equity 28 -Jan-2013EQUITY ANALYSIS - WEEKLY
  2. 2. Weekly NewsletterContents Market Wrap Market Performance NSE Gainers NSE Losers Volume Toppers World Indices Indian Equity Market Technical Analysis Nifty Spot Bank Nifty Future
  3. 3. MARKET WRAP Nifty and Sensex were closed green; gained 0.17%, 0.32% resp. this week. Existing Home Sales 4.94M and US Unemployment Claim at 330K. US & Euro markets were green; Asian markets were mixed last week.Indian equity markets benchmark ended High on Friday; on this week the Sensex andNifty were consolidated. Major gainers like IT Index (up 0.2%), Oil & Gas Index (down0.4%), Realty Sector (down 5.4%) and Top gainers are Larsen & Toubro (up 4.8%), ITC(up 4.3%), Maruti Suzuki (up 3.4%), Bharti Airtel (up 3.3%) and Wipro (up 2.6%).Technically Nifty may expected to up from this point or a short term range boundmovement this week; Nifty this week may range 6230-5650.The Reserve Bank of India allowed exporters to access the foreign exchange marketwithout having to first exhaust funds in their foreign currency accounts. In the telecomindustry Bharti Airtel and Idea Cellular Ltd. have increased their call rates by 100%.Airtel increased the call rates from 1Re/min to Rs.2/minute while Idea has increased thetariff from 1.2p/second to 2p/second, said the reports. HUL posted higher profit Rs.8713.60 mn for the quarter ended December 31, 2012.The S&P 500 has Positive this week’s it was a hair below its five-year closing high onThursday but was still poised to eke out a weekly increase of 1.93 percent. The majorindices showed this week a bullish trend, with the Dow jones up nearly by 2.90 percent,and the Nasdaq Composite Index gained 0.93 percent to end at 3130.38. Rupee tradesat 53.75-76 versus its previous close of 53.6650-6750. Traders trim short dollarpositions ahead of the long weekend. Forex and debt markets will remain closed onFriday as banks are shut for a local holiday.
  4. 4. MARKET PERFORMANCENSE GAINERS COMPANY NAME CURRENT PREV. CLOSE(RS) CANG.(RS) CHAG.(%) JMT Auto 87.70 49.35 38.35 77.71 Ajanta Pharma 545.10 406.35 138.75 34.15 Uttam Galva Steels 92.70 70.75 21.95 31.02 Finolex Inds 73.90 60.85 13.05 21.45 Winsome Yarns 18.80 15.90 2.90 18.24 NSE LOSERS COMPANY NAME CURRENT PREV. CLOSE(RS) CANG.(RS) CHAG.(%) HDIL 82.90 121.35 -38.45 -31.69 Decolight Ceramics 9.55 13.20 -3.65 -27.65 Pan India Corp. 0.30 0.40 -0.10 -25.00 Zenith Birla (India) 2.00 2.65 -0.65 -24.53 Jindal Cotex 61.20 80.60 -19.40 -24.07VOLUME TOPPERS COMPANY NAME CURRENT PREV. CLOSE(RS) CHAG.(%) Volume in (‘000s) HDIL 82.90 74.45 11.35 105411.29 Suzlon Energy 21.10 18.05 16.90 102923.06 Unitech 36.45 34.05 7.05 49812.84 IVRCL Ltd. 34.80 32.95 5.61 31050.97 Lanco Infratech 12.45 12.50 -0.40 23313.14
  5. 5. SECTORIAL INDICES Indices Country Date Index Net Change Change (%)Hang Seng Hong Kong 28-Jan-2013 23580.43 249.34 1.07 Jakarta Indonesia 28-Jan-2013 4437.60 27.58 0.63CompositeNikkei 225 Japan 28-Jan-2013 10926.65 238.54 2.23 KLSE Malaysia 28-Jan-2013 1637.13 -55.52 -3.28Composite Seoul South Korea 28-Jan-2013 1946.69 -72.72 -3.60CompositeStrait Times Singapore 28-Jan-2013 3272.33 47.11 1.46 UnitedFTSE 100 28-Jan-2013 6284.50 194.66 3.20 Kingdom United Nasdaq 28-Jan-2013 3130.38 28.72 0.93 States United DJIA 28-Jan-2013 13825.33 390.12 2.90 States United S&P 500 28-Jan-2013 1494.82 28.35 1.93 StatesINDIAN EQUITY MARKET INDICES VALUE CHANGE % CHANGE NIFTY 6074.65 10.25 0.17 BANK NIFTY 12731.70 18.90 0.15 SENSEX 20103.53 64.49 0.32
  6. 6. TECHNICAL VIEW NIFTYWEEKLY PIVOTINDICES R4 R3 R2 R1 P S1 S2 S3 S4 NIFTY 6343 6249 6155 6114 6061 6020 5967 5873 5779OUTLOOK Trend: -Consolidate Resistance: - 6180, 6280 Support: -5930, 5800 Strategy: - Buy On Dips NIFTY WEEKLY
  7. 7. BANK NIFTYWEEKLY PIVOT SCRIPT R4 R3 R2 R1 P S1 S2 S3 S4BANK NIFTY 13533 13250 12966 12849 12682 12565 12398 12114 11830OUTLOOK Trend:- Consolidate Resistance: - 13120, 13550 Support: - 12450, 12000 Strategy: - Buy On Dips BANK NIFTY WEEKLY
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