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2. TECHNICAL VIEW
MOVING AVERAGE 21 DAYS 50 DAYS 100 DAYS 200 DAYS
NIFTY 8409 2162 7977 7390
BANK NIFTY 17468 16640 16046 14528
NIFTY PIVOT REPORT
DAILY R2 R1 PP S1 S2
8592 8330 8223 8164 7950
WEEKLY R2 R1 PP S1 S2
8884 8476 8272 8068 7660
MONTHLY R2 R1 PP S1 S2
8884 8476 8272 8068 7660
BANK NIFTY PIVOT REPORT
DAILY R2 R1 PP S1 S2
19485 18995 18750 18505 18015
WEEKLY R2 R1 PP S1 S2
20254 19222 18706 18190 17474
MONTHLY R2 R1 PP S1 S2
20254 19222 18706 18190 17474
NSE EQUITY DAILY LEVELS
COMPANY R3 R2 R1 PP S1 S2 S3
ACC EQ 1447 1422 1407 1396 1382 1371 1346
ALBK EQ 139 134 132 128 126 123 117
AMBUJACEM EQ 237 232 229 226 223 221 215
ASIAN PAINT EQ 761 745 736 729 720 713 697
AXISBANK EQ 518 506 500 494 488 482 470
BAJAJ-AUTO EQ 2557 2518 2499 2479 2460 2441 2402
BANKBRODA EQ 1103 1084 1076 1065 1057 1046 1027
BANKINDIA EQ 319 308 305 298 294 287 276

3. BHEL EQ 268 260 256 253 248 245 237
BHARTIARTL EQ 367 360 357 353 350 346 338
CIPLA EQ 644 634 628 624 618 613 603
COALINDIA EQ 390 384 381 379 376 373 368
DLF EQ 148 141 138 134 131 127 120
DRREDDY EQ 3216 3176 3155 3136 3115 3095 3055
GAIL EQ 454 445 441 435 431 426 416
GRASIM EQ 3545 3472 3427 3398 3353 3325 3251
HCLTECH EQ 1643 1597 1580 1551 1535 1505 1459
HDFC EQ 1155 1133 1124 1111 1102 1088 1066
HDFCBANK EQ 968 958 953 948 943 937 927
HEROMOTOCO EQ 3196 3145 3120 3094 3069 3042 2991
HINDALCO EQ 159 155 153 151 149 147 144
HINDUNILVR EQ 773 761 756 750 744 738 727
ICICIBANK EQ 369 360 355 351 347 343 334
ITC EQ 382 375 371 369 365 362 356
INDUSIND BANK EQ 807 795 790 783 778 772 760
INFY EQ 2007 1977 1964 1947 1935 1918 1888
JINDALSTEL EQ 161 154 152 148 145 141 134
KOTAKBANK EQ 1295 1272 1262 1248 1239 1225 1202
LT EQ 1530 1509 1499 1488 1478 1467 1446
M&M EQ 1305 1278 1266 1250 1239 1223 1196
MRF EQ 38764 37702 37072 36641 36011 35580 34518
MARUTI EQ 3474 3411 3272 3349 3309 3286 3223
ONGC EQ 358 351 347 344 341 337 330
ORIENTBANK EQ 362 349 345 337 333 325 313
RANBAXY EQ 635 623 619 612 607 600 589
RCOM EQ 85 83 81 80 78 77 74
RELCAPITAL EQ 530 516 507 502 493 488 474
RELIANCE EQ 912 899 894 887 881 874 862
RELINFRA EQ 517 506 501 495 490 484 473
RPOWER EQ 63 62 61 60 60 59 58
SBIN EQ 315 311 309 307 305 304 300
SESAGOA EQ 218 212 210 206 203 199 193
SUNPHARMA EQ 826 817 814 808 805 800 791
TATAMOTORS EQ 340 334 331 328 325 322 316
TATAPOWER EQ 84 82 82 81 80 79 78
TATASTEEL EQ 415 405 401 396 392 386 376
UNIONBANK EQ 263 250 245 337 332 323 210

4. NSE WEEKLY NEWS UPDATE
✍ RIL, BP, Hardy Oil give up KG block
Reliance Industries (RIL), along with partners BP and Hardy Oil, has surrendered its
discovered gas block KG-D3 in the Krishna-Godavari basin due to operational restrictions
placed by the defence ministry. The basin is estimated to contain 500 billion cubic feet of in-
place gas reserves. Hardy Oil, the consortium partner, cited the uncertainty over long-term
natural gas pricing in India as one of the other reasons for the decision as well as the
government-imposed gas price being lower than expected.
✍ GAIL, CIL ink deal for Rs 9k crore coal gas, urea plant
Odisha is set to get a Rs 9,000 crore booster dose of investment, with state-run Coal India Ltd
and gas utility GAIL on Wednesday signing agreements to set up a plant in Talcher for
synthesizing gas from coal and use it to make fertilizer. Rashtriya Chemicals and Fertilizers and
Fertilizer Corporation of India would join Coal India and GAIL for setting up an integrated
complex for coal gassification and manufacturing fertilizer and ammonium nitrate by 2019,
fertilizer minister Ananth Kumar said after the companies signed joint venture agreements. Oil
minister Dharmendra Pradhan said the upstream facility for producing syngas would cost Rs
3,000 crore and the integrated fertilizer plant Rs 6,000 crore.
✍ Govt approves 100% FDI in medical devices sector
The government on Wednesday allowed 100 per cent FDI under automatic route in medical
devices sector to encourage manufacturing of equipments, including diagnostic kits and other
devices. "Easing of norms for medical devices industry by creating special carve out in the
extant FDI policy on pharma sector will encourage FDI inflows in this area," said an official
statement issued after the Union Cabinet meeting here.
✍ UltraTech buys Jaypee cement units
Kumar Mangalam Birla-led Aditya Birla Group's flagship firm UltraTech Cement has decided
to acquire two cement units of Jaiprakash Associates (JAL) with a combined capacity of 4.9
million tonnes per annum (mtpa) in Madhya Pradesh (MP) for an enterprise value of Rs 5,400
crore (around $860 million). The cement plants also include captive power plants with a
combined capacity of 180 MW.
The move would fit into Kumar Mangalam Birla's stated ambition of having a cement capacity
of 100 mtpa by 2020. UltraTech is India's largest cement maker with a capacity of 60 mtpa,
which will increase to 65 mtpa post this acquisition and 71 mtpa by 2016 with projects
underway. Aditya Birla group has also submitted a non-binding bid to acquire some of Holcim-
Lafarge's cement assets in Brazil and a few other countries.

5. ✍ GAIL to pay royalty on RIL gas price
State-owned GAIL India Ltd has been asked to pay royalty on the $1.41 per unit it is collecting
on natural gas produced from Reliance Industries' eastern offshore KG-D6 fields. While
announcing a 33 per cent hike in natural gas price to $5.61, the government had on October 17
said RIL will continue to get the old rate of $4.2 for the main D1&D3 gas field in KG-D6 block
and the incremental $1.41 per unit will go into a gas pool account, managed by GAIL, till the
dispute over fall in output is settled.
✍ FIIs inflow in Indian capital markets at Rs 2.6 lakh crore in 2014
Overseas investors have poured in over Rs 14,000 crore in the Indian capital markets this
month so far, taking total inflows to a staggering Rs 2.6 lakh crore this year. The net investment
by foreign investors into equities stood at Rs 3,430 crore (570 million) during December 1-19,
while total inflows in the debt market during the same period were Rs 10,808 crore (1.75
billion), taking the total to Rs 14,239 crore ($2.3 billion), as per latest data.
✍ Investors told to put Rs 200 crore into SpiceJet by year-end
The government has asked troubled SpiceJet's potential investors, led by co-founder Ajay
Singh, to put in at least Rs 200 crore into the airline by the year-end. Singh, who had sold his
stake to current promoter Kalanithi Maran in 2010, is planning to pump in about Rs 1,300 crore
along with a couple of global PE funds and re-acquire the airline.
✍ ONGC gets Rs 1,000cr VAT relief from Gujarat HC
The Oil and Natural Gas Corporation (ONGC) Ltd on Thursday received a major relief from
the Gujarat high court (HC) which exempted it from paying value added tax (VAT) of Rs 1,000
crore to the state government.
ONGC supplies crude oil and petroleum products from its wells to Oil Marketing Companies
(OMCs) like Indian Oil Corporation, Hindustan Petroleum and Bharat Petroleum and others.
The sales invoice are raised based on the international prices, however, it sells crude to the
OMCs at subsidized rate fixed by the Union government.
✍ MTNL raises Rs 3,768.97 crore through bonds this fiscal: Government
State-run MTNL has so far raised Rs 3,768.97 crore through bonds in the current financial year,
Parliament was informed on Friday.
"MTNL has raised Rs 3,768.97 crore in FY 2014-15 i.e. Rs 2,268.90 crore on November 28,
2014 and Rs 15,00.07 crore on November 19, 2014 by selling bonds," communications and IT
minister Ravi Shankar Prasad said in a written reply to the Rajya Sabha.

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