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Daily newsletter stoplosstrade 31st dec 2012
Daily newsletter stoplosstrade 31st dec 2012
Daily newsletter stoplosstrade 31st dec 2012
Daily newsletter stoplosstrade 31st dec 2012
Daily newsletter stoplosstrade 31st dec 2012
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Daily newsletter stoplosstrade 31st dec 2012

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Daily newsletter stoplosstrade 31st dec 2012

Daily newsletter stoplosstrade 31st dec 2012

Published in: Economy & Finance
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  • 1. 31-12-2012 Daily Market Insight It was yet another week of range-bound action for the Nifty in the week-ended 28 December. The bullish and bearish trigger levels of 5,966 and 5,838 remains intact and a break of either of these levels would determine the next major move. While a fall below 5,838 would indicate that the index is still in a downward correction phase, a breakout past 5,966 would suggest that the move towards the major target of 6,200 is underway. Even if the index were to fall below 5,838, it would neither invalidate the medium-term bullish view nor would it affect the chances of a rally to 6,200. It would only indicate that a deeper correction is in progress that could push the index to 5,700-5,720. As observed last week, as long as the index trades below 5,966, it would be safe to work on the premise that a test of the support at 5,700 is on the cards. Considering the medium-term bullish view, investors may Outlook for the day buy frontline stocks from the public sector banking sector. The "fiscal cliff" facing the U.S. economy continues to keep world markets on edge but the Nifty broke a two-week losing streak to gain 1.03 pct last week, closing at 5908. INDICES LTP Change % Change There is talk of increasing diesel prices by 10 NIFTY 5908.35 38.25 0.65% rupees (about 20 percent) and it would be a SENSEX 19444.84 121.04 0.63% bold move to reduce subsidies if the government is able to push it through. Looking CNX at the governments mood and its renewed 3685.10 9.55 0.26% SMALLCAP confidence, this should be possible. CNXMIDCAP 8468.45 72.95 0.87% BANKNIFTY 12458.15 -1.55 -0.01%© Copyright 2012, HBJ Capital Services Pvt. Ltd. info@stoplosstrade.com
  • 2. 31-12-2012 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 2500000 2000000 1500000 CALL OI CHANGE 1000000 PUT OI CHANGE 500000 0 5500 5600 5700 5800 5900 6000 6100 6200 6300 6400 -500000 The option data suggests that the market participants are currently visualizing the 6000 mark on the higher side. Very high CALL writing at 6000 Strike price will stop market to move beyond 6000 mark. On the other side we can see equal 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. 31-12-2012 Daily Market Insight Derivative Info Increase In Open Interest %Chg. Symbol Prev. OI Curr. OI %Chg. OI Curr. Price Price PANTALOONR 5167 6360 23.09% 256.8 7.04% ONE CAN GO SUZLON 8902 10934 22.83% 19.35 9.32% COLPAL 500 585 17.00% 1552.35 1.03% LONG IN KTKBANK 4697 5249 11.75% 169.6 2.51% COLPAL CANBK 1799 1999 11.12% 497.25 1.23% Decrease In Open Interest %Chg. Symbol Prev. OI Curr. OI %Chg. OI Curr. Price Price ONE CAN GO HINDPETRO 6323 5995 -5.19% 294.95 3.82% SHORT IN GODREJIND 2192 2084 -4.93% 315.05 2.34% ONGC 11529 10989 -4.68% 267.65 2.16% ONGC INFY 35035 33480 -4.44% 2340.8 1.34% EXIDEIND 2142 2057 -3.97% 141.85 0.92% Increase In Open Interest & Decrease In Price %Chg. Symbol Prev. OI Curr. OI %Chg. OI Curr. Price Price ZEEL 2406 2666 10.81% 222.4 -0.20% BUY POWERGRID 5186 5570 7.40% 114.7 -0.13% YESBANK IGL 2638 2808 6.44% 251.65 -0.26% YESBANK 4761 4981 4.62% 467.9 -0.20% BHARATFORG 4412 4589 4.01% 255.65 -0.95% Decrease In Open Interest & Increase In Price %Chg. SELL Symbol Prev. OI Curr. OI %Chg. OI Curr. Price Price HINDPETRO HINDPETRO GODREJIND 6323 5995 -5.19% 294.95 3.82% 2192 2084 -4.93% 315.05 2.34% AND INFY ONGC 11529 10989 -4.68% 267.65 2.16% INFY 35035 33480 -4.44% 2340.8 1.34% EXIDEIND 2142 2057 -3.97% 141.85 0.92%© Copyright 2012, HBJ Capital Services Pvt. Ltd. info@stoplosstrade.com
  • 4. 31-12-2012 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. 31-12-2012 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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