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Daily newsletter stoplosstrade 2 nd jan 2013
Daily newsletter stoplosstrade 2 nd jan 2013
Daily newsletter stoplosstrade 2 nd jan 2013
Daily newsletter stoplosstrade 2 nd jan 2013
Daily newsletter stoplosstrade 2 nd jan 2013
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Daily newsletter stoplosstrade 2 nd jan 2013

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Daily newsletter stoplosstrade 2 nd jan 2013

Daily newsletter stoplosstrade 2 nd jan 2013

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  • 1. 02-01-2013 Daily Market Insight While Indian stocks are expected to remain firm in January tracking expectations of a rate cut by the Reserve Bank of India, negative local fundamentals, namely twin deficits and sticky inflation, may limit the outperformance in the near term. The fiscal deficit is likely to exceed the target set by the government due to higher subsidy burden, which can also turn into a constraint for the RBI to cut rates. The benchmark Sensex rose 0.79 per cent, or 154.10 points, to end at 19,580.81 after earlier hitting its highest level intraday since April 27, 2011. The broader NSE Nifty rose 0.77 per cent, or 45.75 points, to end at 5,950.85. One can go long if NIFTY sustains above 6005 with the stop of 5944 and the target is 6200 IN NEXT 2-4 DAYS. Outlook for the day BULLISH: ANDHRABANK The BSE Sensex rose on Tuesday after the SYNDIBANK U.S. averted the looming fiscal cliff in a last- minute deal with hopes of a rate cut by the VIJAYABANK Reserve Bank of India beginning to gather steam, leading to gains in bank shares. INDICES LTP Change % Change Analysts say with the New Year Day holidays, NIFTY 5950.85 45.75 0.77 % U.S. Congress still has time to draw up legislation and backdate it to avoid the harsh SENSEX 19580.81 154.10 0.79% fiscal measures including tax hikes and CNX spending cuts, which many fear could cripple 3770.60 60.45 1.63 % the world economy in 2013. SMALLCAP CNXMIDCAP 8602.50 97.40 1.15 % BEARISH: BANKNIFTY 12654.15 179.90 1.44 % POWERGRID GSPL© Copyright 2012, HBJ Capital Services Pvt. Ltd. info@stoplosstrade.com
  • 2. 02-01-2013 Daily Market InsightOption Strategy- NIFTY OPTION OPEN INTEREST CHART 6000000 5000000 4000000 3000000 CALL OI PUT OI 2000000 1000000 0 5500 5600 5700 5800 5900 6000 6100 6200 6300 6400NIFTY OPTION OPEN INTEREST CHANGE CHART 1400000 1200000 1000000 800000 CALL OI CHANGE 600000 PUT OI CHANGE 400000 200000 0 -200000 5500 5600 5700 5800 5900 6000 6100 6200 6300 6400 The option data suggests that the market participants are currently visualizing the 6000 mark on the higher side and 5800 mark on lower side. Very high CALL writing at 6200 Strike price will stop market to move beyond 6200 mark. On the other side we can see PUT writings on 5500 to 5800 strike price. This indicates that NIFTY down move would be restricted below 5800 mark. Last session’s option data indicated that NIFTY can have a range of 5800 and 6000 in near term.© Copyright 2012, HBJ Capital Services Pvt. Ltd. info@stoplosstrade.com
  • 3. 02-01-2013 Daily Market Insight Derivative Info Increase In Open Interest %Chg. Symbol Prev. OI Curr. OI %Chg. OI Curr. Price Price BULLISH: ANDHRABANK SYNDIBANK 637 565 816 685 28.10% 21.24% 123.25 134.15 3.44% 3.63% ANDHRABANK ALBK 2817 3251 15.41% 176.7 2.97% SYNDIBANK VIJAYABANK 2248 2583 14.90% 65.3 3.57% VIJAYABANK IOB 1264 1448 14.56% 91 5.14% Decrease In Open Interest SELL Symbol Prev. OI Curr. OI %Chg. OI Curr. Price %Chg. Price POWERGRID PNB 6534 5808 -11.11% 898.9 2.24% TECHM AND NMDC 5459 15749 5223 15073 -4.32% -4.29% 941.45 170.3 0.06% 2.10% GSPL JUBLFOOD 1842 1764 -4.23% 1319.65 1.64% UNIPHOS 5667 5478 -3.34% 133.3 1.56% Increase In Open Interest & Decrease In Price Symbol Prev. OI Curr. OI %Chg. OI Curr. Price %Chg. Price BUY POWERGRID 5514 6257 13.47% 115.05 -0.60% PNB WITH NTPC EXIDEIND 6354 1960 6796 2049 6.96% 4.54% 155.95 144.85 -0.19% -0.34% CONFIDENCE... GSPL 985 1028 4.37% 77.15 -0.26% HEROMOTOCO 12176 12674 4.09% 1912 -0.02% Decrease In Open Interest & Increase In Price %Chg. CLEAR Symbol Prev. OI Curr. OI %Chg. OI Curr. Price Price PNB BREAKOUT IN TECHM 6534 5808 -11.11% 898.9 2.24% 5459 5223 -4.32% 941.45 0.06% NMDC NMDC 15749 15073 -4.29% 170.3 2.10% JUBLFOOD 1842 1764 -4.23% 1319.65 1.64% UNIPHOS 5667 5478 -3.34% 133.3 1.56%© Copyright 2012, HBJ Capital Services Pvt. Ltd. info@stoplosstrade.com
  • 4. 02-01-2013 Daily Market Insight Daily Market Insight is an Informative Newsletter, powered by STOPLOSSTRADE [www.stoplosstrade.com | www.stoplosstrade.in] About STOPLOSSTRADE - A decade old financial advisory services firm with a vision to simplify the complex world of the financial markets. It provides a wide range of services nationwide to a substantial and diversified client base that includes retail clients, HNI’s, corporates and financial institutions. STOPLOSSTRADE is a 100% subsidiary of HBJ Capital Services Pvt. Ltd. Complete details can be found on [www.stoplosstrade.com | www.stoplosstrade.in ] About HBJ Capital - HBJ Capital was founded in 2005 as an Equity research firm and currently has grown to become a Financial Services provider.HBJ Capital has core competencies in Equity Research, Corporate Consultancy and Private Equity. The company is one of the leaders in Equity research domain and provides services to retail clients, HNI’ s, FII’s, Hedge Funds and Brokerage partners. Complete details can be found on www.hbjcapital.com DISCLAIMER: This report has been prepared for private circulation and the content has been obtained from various sources believed to be reliable, but we do not hold ourselves liable for its completeness and accuracy. HBJ Capital Services Pvt. Ltd, STOPLOSSTRADE and any of its employees shall not be responsible for the content and actions taken on the basis of this content. This is not an offer to sell or solicitation to buy any securities. Users are advised to use the data for purposes of information only and rely on their own judgment while making investment decisions.© Copyright 2012, HBJ Capital Services Pvt. Ltd. info@stoplosstrade.com
  • 5. 02-01-2013 Daily Market Insight Corporate Office (Bangalore) Stoplosstrade (SLT) #912, 1st F Main, Girinagar 2nd Phase, BSK 3rd Stage, Bangalore -85; LandMark: Near Sai baba Temple Phone: 080 65681133/34 Mobile: +91-9886403791/+080 – 6 999 999 2 E-Mail: info@stoplosstrade.com Bangalore Branch Office: Stoplosstrade (SLT) #578, Shree Durga Arcade, 2nd Floor Girinagar 2nd Phase, 6ty Block, BSK III stage, Bangalore – 560 085 LandMark: Above AXIS Bank Mobile: +91-9886403791/080-6 999 999 2 E-Mail: info@stoplosstrade.com New Delhi Branch Office: #I-2 (3rd Floor), Central Market (Next to KFC ) Lajpat Nagar -2, New Delhi -110019 Ph-011 64780080/79/78/77/76 Mobile: +91 – 9718979319 [24X7] Contact: Mr. Abhishek Kumar Singh, Operation Head (New Delhi, NCR) www.stoplosstrade.in www.stoplosstrade.com www.hbjcapital.com© Copyright 2012, HBJ Capital Services Pvt. Ltd. info@stoplosstrade.com

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