Morning Mantra
11th
June 2014
INDEX PREV. CLOSING % CHANGE DAILY TREND
NIFTY 7656.40 +0.02% SIDEWAYS
NIFTY FUT. 7668.30 -0...
STOCKS TREND ON DAILY CLOSING LEVELS FOR SHORT TERM
STOCKS
CLOSING
PRICE TREND
DATE TREND
CHANGED
RATE TREND
CHANGED
CLOSI...
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SMC Global Equity Morning Mantra

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As the name suggests Equity Morning Mantra is focused on the market outlook for the day. It is released before the opening bell. It includes the market commentary along with the corporate and global news for the day. Daily FII activity and the aggregate market activity are also updated in the letter.

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Transcript of "SMC Global Equity Morning Mantra"

  1. 1. Morning Mantra 11th June 2014 INDEX PREV. CLOSING % CHANGE DAILY TREND NIFTY 7656.40 +0.02% SIDEWAYS NIFTY FUT. 7668.30 -0.02% SGX CNX NIFTY INDEX FUT. (8:15.am.) 7669.00 +0.01% OUTLOOK FOR THE DAY The market is likely to open flat taking cues from global markets. Asian equity markets were mixed today with momentum subdued following a lackluster session on Wall Street. U.S. stocks finished nearly flat on Tuesday, although the Dow eked out another record closing high as utilities' shares fell while 10-year bond yields hit their highest level in a month. As per provisional figures, foreign institutional investors (FIIs)/ Foreign Portfolio Investors (FPIs) bought shares worth a net Rs 682.26 crore on 10th June 2014. Domestic institutional investors sold shares worth Rs 1215.47 crore on that day. INTERNATIONAL MARKET INDEX CLOSING (SPOT) CHANGE (%) US MARKETS NASDAQ COMPOSITE 4338.00 +0.04% DOW JONES 16945.92 +0.02% US MARKETS (FUTURE) NASDAQ 100 3737.50 -0.08% DOW JONES 16931.00 -0.06% ASIAN MARKETS HANG SENG INDEX 23216.74 -0.42% NIKKEI 225 15045.99 +0.13% SHANGHAI COMP. INDEX 2052.27 -0.01% SECTOR TO WATCH TODAY Sectors to Outperform Capital Goods & Bank Sectors to Underperform FMCG & Healthcare MACRO NEWS US wholesale inventories surged up by 1.1 percent in April, matching the increase seen in the previous month. Economists had expected inventories to increase by about 0.5 percent. The bigger than expected increase in wholesale inventories was partly due to continued growth in inventories of non-durable goods, which rose by 1.4 percent in April after climbing by 1.6 percent in March. INTRADAY TECHNICAL PICKS Stock Name Buy/Sell Range Pr. Close Target 1 Target 2 SL SUNPHARMA BUY 604-605 609 625 630 598 TITAN BUY 338-339 341.40 350 355 334 WIRPO BUY 520-521 525 535 540 515
  2. 2. STOCKS TREND ON DAILY CLOSING LEVELS FOR SHORT TERM STOCKS CLOSING PRICE TREND DATE TREND CHANGED RATE TREND CHANGED CLOSING STOP LOSS S&P Nifty 7656 UP 10.09.13 5897 7200 CNX IT Index 9235 Down 21.03.14 9371 9300 CNX Bank Index 15428 UP 05.03.14 11099 14000 A.C.C 1497 UP 28.02.14 1108 1380 AMBUJA CEMENT 230 UP 07.03.14 182 195 ASIANPAINT* 536 UP 20.09.13 491 495 AXIS BANK 1939 UP 02.12.13 1187 1700 BAJAJ AUTO 2155 UP 04.06.14 2005 2025 BANKBARODA 887 UP 07.03.14 649 800 BHARTI ARTL 361 UP 02.04.14 325 335 BHEL 255 UP 05.09.13 138 235 BPCL * 613 UP 30.10.13 362 520 CAIRN 382 Up 26.08.13 317 350 CIPLA 407 UP 06.06.14 396 385 COALINDIA 420 UP 27.03.14 281 370 DLF 233 Up 19.05.14 183 200 DRREDDY 2390 Down 19.05 2275 2500 GAIL 426 UP 20.09.13 342 390 GRASIM 3573 UP 06.03.14 2745 3200 HCL TECH 1394 Up 24.01.12 427 1300 H.D.F.C 955 Up 19.09.13 832 870 HDFC BANK 816 UP 11.10.13 660 750 HEROMOTOCO 2664 Up 26.07.13 1869 2400 HINDALCO 170 UP 04.03.14 114 150 HINDUNILVR 641 UP 30.05.14 597 600 ICICI BANK 1482 UP 04.03.14 1068 1350 IDFC 136 UP 10.03.14 112 120 INDUSIND 558 UP 07.03.14 444 510 INFOSYS 3081 Down 13.03.14 3361 3250 ITC 338 Down 03.06.14 333 350 JIND STL & PWR 335 Up 19.05.14 290 300 KOTAK BANK 903 UP 10.03.14 753 820 LT 1740 UP 19.09.13 890 1570 LUPIN 975 UP 10.06.14 975 920 M&M 1235 UP 29.10.13 901 1100 MARUTI 2473 UP 07.03.14 1735 2200 MCDOWELL 2850 UP 28.03.14 - 2650 NMDC 189 UP 26.09.13 127 170 NTPC 163 Up 19.05.14 148 150 ONGC 441 UP 31.10.13 293 380 PNB 1000 UP 01.11.13 571 880 POWERGRID 136 UP 25.03.14 106 120 RELIANCE 1118 UP 07.03.14 869 1020 SBI 2662 UP 26.03.14 1770 2350 SESAGOA 300 UP 09.04.14 198 265 SUN PHARMA 608 UP 25.10.11 250 570 TATA MOTORS 452 UP 19.08.13 302 410 TATA POWER 112 UP 28.03.14 87 98 TATA STEEL 559 UP 27.03.14 376 500 TCS 2156 Down 19.05.14 2026 2200 TECHM 2009 UP 28.03.14 - 1800 ULTRACEMCO 2794 UP 25.02.14 1863 2400 WIPRO 526 Down 25.04.14 518 530 Note: These levels should not be confused with the weekly trendsheet which is sent in weekly magazine in the name of "Money Wise" For Any Query or Suggestions email at researchfeedback@smcindiaonline.com Analyst Dinesh Joshi Extn.624 dineshjoshi@smcindiaonline.com Disclaimer: This report is for the personal information of the authorized recipient and doesn’t construe to be any investment, legal or taxation advice to you. It is only for private circulation and use .The report is based upon information that we consider reliable, but we do not represent that it is accurate or complete, and it should not be relied upon as such. No action is solicited on the basis of the contents of the report. The report should not be reproduced or redistributed to any other person(s)in any form without prior written permission of the SMC. The contents of this material are general and are neither comprehensive nor inclusive. Neither SMC nor any of its affiliates, associates, representatives, directors or employees shall be responsible for any loss or damage that may arise to any person due to any action taken on the basis of this report. It does not constitute personal recommendations or take into account the particular investment objectives, financial situations or needs of an individual client or a corporate/s or any entity/s. All investments involve risk and past performance doesn’t guarantee future results. The value of, and income from investments may vary because of the changes in the macro and micro factors given at a certain period of time. The person should use his/her own judgment while taking investment decisions. Please note that we and our affiliates, officers, directors, and employees, including persons involved in the preparation or issuance if this material;(a) from time to time, may have long or short positions in, and buy or sell the securities thereof, of company (ies) mentioned here in or (b) be engaged in any other transaction involving such securities and earn brokerage or other compensation or act as a market maker in the financial instruments of the company (ies) discussed herein or may perform or seek to perform investment banking services for such company(ies) or act as advisor or lender/borrower to such company(ies) or (c) may have any other potential conflict of interest with respect to any recommendation and related information and opinions. All disputes shall be subject to the exclusive jurisdiction of Delhi High court.

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