Your SlideShare is downloading. ×
Market outlook stoplosstrade 08 apr 2013
Upcoming SlideShare
Loading in...5
×

Thanks for flagging this SlideShare!

Oops! An error has occurred.

×
Saving this for later? Get the SlideShare app to save on your phone or tablet. Read anywhere, anytime – even offline.
Text the download link to your phone
Standard text messaging rates apply

Market outlook stoplosstrade 08 apr 2013

5,592
views

Published on

Market outlook stoplosstrade 08 apr 2013

Market outlook stoplosstrade 08 apr 2013

Published in: Economy & Finance, Business

0 Comments
0 Likes
Statistics
Notes
  • Be the first to comment

  • Be the first to like this

No Downloads
Views
Total Views
5,592
On Slideshare
0
From Embeds
0
Number of Embeds
3
Actions
Shares
0
Downloads
1
Comments
0
Likes
0
Embeds 0
No embeds

Report content
Flagged as inappropriate Flag as inappropriate
Flag as inappropriate

Select your reason for flagging this presentation as inappropriate.

Cancel
No notes for slide

Transcript

  • 1. 08-04-2013 Daily Market Insight The Sensex and the Nifty ended the week below 200--DSMA at 18,450.23 and 5,553.25, respectively. The negative sentiment continued with the traders while retail participation seems out of focus. ETF selling pressure was seen this week as large caps and mid caps tumbled. More than 60 per cent of the stocks in Nifty 50 are trading below their 200- DSMA, indicating the selling pressure to continue. Looking at the indicators like RSI and stochastic, they are trading in over-sold zone, suggesting a bounce back towards 5,700. But the trend remains bearish for the short-term and target on the downside holds at 5,280-5,300. Of the 50 stocks on the Nifty, 33 are trading below the 200 DMA. These include HDFC BankBSE 0.61 %, Reliance Industries BSE 1.77 %, Hindustan UnileverBSE 0.26 % and State Bank of Outlook for the day India BSE -0.47 %.Technically the Nifty has broken below its 200 INDICES LTP Change % ChangeDMA (day moving average) at 5641 and now findssupport at 5520/30 levels, while the 200 DMA NIFTY 5553.25 -21.50 -0.39%will now act as resistance. The Nifty now needs toclose above 5641 to trigger a further upmove. SENSEX 18450.23 -59.47 -0.32%The Bank Nifty also closed below its 200 DMA at CNX11422 and now finds support at 11000, while SMALLCAP 3176.65 3.75 0.12%the 200 DMA will act as resistance. The strongestof the lot is the Nifty Junior and Midcap indices CNXMIDCAP 7422.75 20.05 0.27%which have fallen less and will show further rise BANKNIFTY 11098.95 -27.30 -0.25%in case of a rebound in the week ahead.© Copyright 2012, HBJ Capital Services Pvt. Ltd. info@stoplosstrade.com
  • 2. 08-04-2013 Daily Market InsightOption Strategy- NIFTY OPTION OPEN INTEREST CHART 9000000 8000000 7000000 6000000 5000000 CALL OI 4000000 PUT OI 3000000 2000000 1000000 0 5400 5500 5600 5700 5800 5900 6000 6100 6200 6300NIFTY OPTION OPEN INTEREST CHANGE CHART 1500000 1000000 500000 CALL OI CHANGE 0 PUT OI CHANGE 5400 5500 5600 5700 5800 5900 6000 6100 6200 6300 -500000 -1000000 -1500000 The option data suggests that the market participants are currently visualizing the 5900 mark on the higher side. Very high CALL writing at 5900 Strike price will stop market to move beyond 5900 mark. On the other side we can see equal PUT writings on 5600 to 5500 strike price. This indicates that NIFTY down move would be restricted below 5500 mark. Last session’s option data indicated that NIFTY can have a range of 5500 and 5900 in near term.© Copyright 2012, HBJ Capital Services Pvt. Ltd. info@stoplosstrade.com
  • 3. 08-04-2013 Daily Market Insight Derivative Info Increase In Open Interest %Chg. Symbol Prev. OI Curr. OI %Chg. OI Curr. Price Price IGL 1270 1593 25.43% 302.4 11.42% BUY IGL EXIDEIND 1036 1175 13.42% 120.35 -4.14% HDFC 10765 12033 11.78% 774.25 -2.79% SIEMENS 1177 1289 9.52% 501.4 -1.04% AMBUJACEM 2567 2797 8.96% 165.45 -1.66% Decrease In Open Interest %Chg. Symbol Prev. OI Curr. OI %Chg. OI Curr. Price Price TATAMTRDVR 1584 1400 -11.62% 149.8 0.50% SELL COLPAL 706 654 -7.37% 1328.5 0.94% TATAMTRDVR HDIL 6697 6307 -5.82% 48.65 2.42% SUNTV 1609 1526 -5.16% 377.55 0.92% BANKINDIA 2258 2155 -4.56% 308.6 0.64% Increase In Open Interest & Decrease In Price %Chg. Symbol Prev. OI Curr. OI %Chg. OI Curr. Price Price EXIDEIND 1036 1175 13.42% 120.35 -4.14% SELL SIEMENS HDFC 10765 12033 11.78% 774.25 -2.79% SIEMENS 1177 1289 9.52% 501.4 -1.04% AMBUJACEM 2567 2797 8.96% 165.45 -1.66% LUPIN 2108 2292 8.73% 620.75 -1.97%Decrease In Open Interest & Increase In Price %Chg. Symbol Prev. OI Curr. OI %Chg. OI Curr. Price PriceTATAMTRDVR 1584 1400 -11.62% 149.8 0.50%COLPAL 706 654 -7.37% 1328.5 0.94% BUY SUNTVHDIL 6697 6307 -5.82% 48.65 2.42%SUNTV 1609 1526 -5.16% 377.55 0.92%BANKINDIA 2258 2155 -4.56% 308.6 0.64%© Copyright 2012, HBJ Capital Services Pvt. Ltd. info@stoplosstrade.com
  • 4. 08-04-2013 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. 08-04-2013 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

×