Weekly equity market predictions by the equicom 28 may to 01 june

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Nifty and Sensex both ended with moderate gains this week up nearby 0.6%. Britain’s revised GDP q/q came at (-) 0.3%; U.S. Retail m/m came at 0.4%. Almost all international markets have shown bit recovery with moderate gains.Breaking the trends of the past few weeks, the markets closed positive during the week with banking and capital goods leading the rally. Finally, Nifty added 0.6% this week to close at 4920 & Sensex gained 0.4% to end at 16218. Nifty this week is expected to remain consolidate, moreover can show more recovery. Technically it has taken support of 200 Days Moving average & from here a push up rally can be seen.

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Weekly equity market predictions by the equicom 28 may to 01 june

  1. 1. Weekly Newsletter ly Newsletter-Equity28 MAY 2012EQUITY ANALYSIS - DAILY
  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 both ended with moderate gains this week up nearby 0.6%. Britain’s revised GDP q/q came at (-) 0.3%; U.S. Retail m/m came at 0.4%. Almost all international markets have shown bit recovery with moderate gains.Breaking the trends of the past few weeks, the markets closed positive during theweek with banking and capital goods leading the rally. Finally, Nifty added 0.6% thisweek to close at 4920 & Sensex gained 0.4% to end at 16218. Nifty this week isexpected to remain consolidate, moreover can show more recovery. Technically it hastaken support of 200 Days Moving average & from here a push up rally can be seen.State-run oil marketing companies have announced a hike in petrol prices by ~Rs 7.54per litre with effect from Wednesday midnight, according to reports. This is the steepest-ever increase and came a day after Parliaments budget session ended. The localcurrency has recovered slightly in the past two sessions, it remains to be seen if it cansustain the pullback in the absence of progress on the policy front. Next week’s releaseof GDP data will be of interest to market participants amid fear of a deeper downturn.EU summit fails to allay fears over Greece. U.S. stocks and the euro slipped as Spainsdeteriorating finances & Greek exit from the euro overshadowed an upbeat report onU.S. consumer confidence. Ratings agency Moodys restated its negative outlook onFrances triple-A credit rating, Markets in the week ahead will again be pulled by everyreal or rumored development out of Europe, as investors await Fridays US employmentreport, The US stock market will be closed on Monday for the Memorial Day holiday.
  4. 4. MARKET PERFORMANCE NSE GAINERS COMPANY NAME CURRENT PREV. CLOSE(RS) CANG.(RS) CHAG.(%) Shree Ganesh Jewell. 97.85 66.30 31.55 47.59 Allied Digital Serv. 28.80 21.15 7.65 36.17 Vinyl Chemicals 11.35 8.40 2.95 35.12 M AND B Switchgears 86.35 64.75 21.60 33.36 DCW 17.30 13.10 4.20 32.06 NSE LOSERS COMPANY NAME CURRENT PREV. CLOSE(RS) CANG.(RS) CHAG.(%) Pudumjee Agro 12.65 15.75 -3.10 -19.68 S Mobility 46.95 58.10 -11.15 -19.19 Inventure Growth 43.85 54.20 -10.35 -19.10 Nissan Copper 10.20 12.55 -2.35 -18.73 REI Six Ten Retail 4.05 4.90 -0.85 -17.35VOLUME TOPPERS COMPANY NAME CURRENT PREV. CLOSE(RS) CHAG.(%) Volume in (‘000s) Lanco Infratech 12.25 12.10 1.24 29394.52 JP Associate 61.20 59.60 2.68 18393.55 Voltas 101.45 90.45 12.16 13517.63 HDIL 62.80 62.15 1.05 12137.96 Suzlon Energy 20.85 20.90 -0.24 10963.31
  5. 5. SECTORIAL INDICES Indices Country Date Index Net Change Change (%)Hang Seng Hong Kong 25-May-2012 18713.41 -238.44 -1.26 Jakarta Indonesia 25-May-2012 3902.51 -77.99 -1.96CompositeNikkei 225 Japan 25-May-2012 8580.39 -30.92 -0.36 KLSE Malaysia 25-May-2012 1551.12 18.66 1.22Composite Seoul South Korea 25-May-2012 1824.17 41.71 2.34CompositeStrait Times Singapore 25-May-2012 2772.75 -6.35 -0.23 UnitedFTSE 100 25-May-2012 5351.53 83.91 1.59 Kingdom United Nasdaq 25-May-2012 2837.53 58.74 2.11 States United DJIA 25-May-2012 12454.83 85.45 0.69 States United S&P 500 25-May-2012 1317.82 22.60 1.74 StatesINDIAN EQUITY MARKET INDICES VALUE CHANGE % CHANGE NIFTY 4920.20 29.20 0.60 BANK NIFTY 9416.65 159.65 1.72 SENSEX 16217.82 64.82 0.40
  6. 6. TECHNICAL VIEW NIFTYWEEKLY PIVOTINDICES R4 R3 R2 R1 P S1 S2 S3 S4 NIFTY 5386 5217 5048 4969 4879 4800 4710 4541 4372OUTLOOK Trend: - Consolidate Resistance: - 5080 5320 0, Support: - 4750, 4 4600 Strategy: - Sell on High NIFTY WEEKLY
  7. 7. BANK NIFTYWEEKLY PIVOT SCRIPT R4 R3 R2 R1 P S1 S2 S3 S4BANK NIFTY 10786 10261 9736 9496 9211 8971 8686 8161 7636OUTLOOK Trend: - Consolidate Resistance: - 9700 10000 0, Support: - 9100, 8 8800 Strategy: - Sell on High BANK NIFTY DAILY
  8. 8. DisclaimerThe information and views in this report, our website & all the service we provide are believed to be reliable, but we do notaccept any responsibility (or liability) for errors of fact or opinion. Users have the right to choose the product/s that suitsthem the most.Sincere efforts have been made to present the right investment perspective. The information contained herein is based onanalysis and up on sources that we consider reliable.This material is for personal information and based upon it & takes no responsibilityThe information given herein should be treated as only factor, while making investment decision. The report does notprovide individually tailor-made investment advice. TheEquicom recommends that investors independently evaluateparticular investments and strategies, and encourages investors to seek the advice of a financial adviser. TheEquicom shallnot be responsible for any transaction conducted based on the information given in this report, which is in violation of rulesand regulations of NSE and BSE.The share price projections shown are not necessarily indicative of future price performance. The information herein,together with all estimates and forecasts, can change without notice. Analyst or any person related to TheEquicom might beholding positions in the stocks recommended. It is understood that anyone who is browsing through the site has done so athis free will and does not read any views expressed as a recommendation for which either the site or its owners oranyone can be held responsible for . Any surfing and reading of the information is the acceptance of this disclaimer.All Rights Reserved.Investment in Commodity and equity market has its own risks.We, however, do not vouch for the accuracy or the completeness thereof. we are not responsible for any loss incurredwhatsoever for any financial profits or loss which may arise from the recommendations above. TheEquicom does notpurport to be an invitation or an offer to buy or sell any financial instrument. Our Clients (Paid Or Unpaid), Any third party oranyone else have no rights to forward or share our calls or SMS or Report or Any Information Provided by us to/with anyonewhich is received directly or indirectly by them. If found so then Serious Legal Actions can be taken.

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