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Market outlook stoplosstrade 18 mar 2013
Market outlook stoplosstrade 18 mar 2013
Market outlook stoplosstrade 18 mar 2013
Market outlook stoplosstrade 18 mar 2013
Market outlook stoplosstrade 18 mar 2013
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Market outlook stoplosstrade 18 mar 2013

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Market outlook stoplosstrade 18 mar 2013

Market outlook stoplosstrade 18 mar 2013

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  • 1. 18-03-2013 Daily Market Insight After logging the biggest weekly gain in 2013, the benchmark S&P BSE Sensex, resumed its southward journey, tumbling 256 points during the week on fresh selling pressure amid cautious approach by investors ahead of the Reserve Bank policy meet next week. The market continued to reel under pressure after Morgan Stanley on Wednesday lowered India’s GDP growth forecast for 2013-14 to 6 per cent from 6.2 per cent earlier, citing challenging domestic and external environment among other factors. HSBC has also cut its forecast by same margin. The 30-share Sensex resumed weak at 19,679.88 and hovered in a wide range of 19,754.66 and 19,179.33 before settling at 19,427.56, posting a net loss 255.67 points, or 1.30 per cent. Last week, the index had soared 764.71 points or 4.04 per cent, registering biggest weekly gain in Outlook for the day 2013 and snapping over month-longAfter a sharp rise last week, Indian markets were losing spree.highly volatile this week. First the week saw IIPnumbers, then the fall in core inflation and then The NSE 50-share Nifty also plunged bymoney laundering scam. These factors created 73.10 points, or 1.23 per cent, fall belowhigh amount of volatility. In February, Nifty 5900 mark and settle at 5,872.60.futures made a bottom of 5,672 and in March itmade a high of 5,986 which was close to the INDICES LTP Change % Changepsychological barrier of 6000. The global markets NIFTY 5872.60 -36.35 -0.62%are at new highs and there is no reason thatIndian markets should not test new high very SENSEXsoon. Yet there could be very sharp up move 19427.56 -142.88 -0.73%from next week if RBI cuts the rate which seems CNXpossible for compelling reasons such as GDP all SMALLCAP 3302.60 -18.75 -0.56%time low. The only interesting aspect that need tobe seen is that whether it is 25 bps or something CNXMIDCAP 7725.70 -63.40 -0.81%larger than that to surprise the street at the BANKNIFTY 11816.55 -204.20 -1.70%behest of the Govt© Copyright 2012, HBJ Capital Services Pvt. Ltd. info@stoplosstrade.com
  • 2. 18-03-2013 Daily Market InsightOption Strategy- NIFTY OPTION OPEN INTEREST CHART 12000000 10000000 8000000 6000000 CALL OI PUT OI 4000000 2000000 0 5400 5500 5600 5700 5800 5900 6000 6100 6200 6300NIFTY OPTION OPEN INTEREST CHANGE CHART 800000 600000 400000 200000 CALL OI CHANGE 0 PUT OI CHANGE -200000 5400 5500 5600 5700 5800 5900 6000 6100 6200 6300 -400000 -600000 -800000 The option data suggests that the market participants are currently visualizing the 6100 mark on the higher side. Very high CALL writing at 6100 Strike price will stop market to move beyond 6100 mark. On the other side we can see equal PUT writings on 5900 to 5700 strike price. This indicates that NIFTY down move would be restricted below 5700 mark. Last session’s option data indicated that NIFTY can have a range of 5700 and 6100 in near term.© Copyright 2012, HBJ Capital Services Pvt. Ltd. info@stoplosstrade.com
  • 3. 18-03-2013 Daily Market Insight Derivative Info Increase In Open Interest %Chg. Symbol Prev. OI Curr. OI %Chg. OI Curr. Price Price ALBK 1877 2115 12.68% 139.25 -2.38% BUY LUPIN DABUR 831 923 11.07% 138.2 2.90% LUPIN 2455 2705 10.18% 613.6 1.61% ASIANPAINT 2569 2816 9.61% 5015.3 2.13% JUBLFOOD 5117 5584 9.13% 1301.55 3.04% Decrease In Open Interest %Chg. Symbol Prev. OI Curr. OI %Chg. OI Curr. Price Price BHARATFORG 4378 3439 -21.45% 223.3 -2.28% SELL HDFCBANK 17353 15198 -12.42% 643.2 -1.42% BHARATFORG ZEEL 2842 2513 -11.58% 217.35 1.35% INDUSINDBK 2829 2506 -11.42% 422.95 -2.58% SUNTV 1409 1252 -11.14% 447.15 -0.79% Increase In Open Interest & Decrease In Price %Chg. Symbol Prev. OI Curr. OI %Chg. OI Curr. Price Price ALBK 1877 2115 12.68% 139.25 -2.38% BUY YESBANK YESBANK 5800 6276 8.21% 476.4 -2.34% ICICIBANK 32513 35178 8.20% 1074.1 -3.88% SYNDIBANK 853 920 7.85% 121.15 -2.61% RELIANCE 32646 34993 7.19% 846.75 -2.16%Decrease In Open Interest & Increase In Price %Chg. Symbol Prev. OI Curr. OI %Chg. OI Curr. Price PriceZEEL 2842 2513 -11.58% 217.35 1.35%TITAN 10386 9559 -7.96% 243.25 5.58% SELL ZEELIOC 2018 1923 -4.71% 317.85 1.78%BANKINDIA 2877 2755 -4.24% 324.55 0.74%HCLTECH 6606 6333 -4.13% 795.4 0.14%© Copyright 2012, HBJ Capital Services Pvt. Ltd. info@stoplosstrade.com
  • 4. 18-03-2013 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. 18-03-2013 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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