The weekly market report summarizes the performance of key indices and companies for the week of June 1-5, 2015. Some highlights include: - The market saw volatility with the Nifty reclaiming 8,400 points while bank stocks rose ahead of the monetary policy. - GDP growth for the March quarter was 7.5%. - Sun Pharma reported a 125% rise in Q4 profit. Other company earnings news included IRB Infra, Cipla, Jet Airways, and Sun TV. - Support and resistance levels are provided along with analysis that the Nifty future is in a downward channel and 8530-8550 could be a crucial point this week. The upcoming R

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01 JUNE – 05 JUNE 2015
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MARKET GOSSIPS
 It was a volatile week; Nifty reclaims 8400
marks while banks shine ahead of monetary
policy.
 March quarter India's gross domestic product
grows 7.5 percent.
 Sun pharma posted robust Q4 profit up by
125% at Rs 888 crore.
 IRB Infra net profit for the fourth quarter up
by 27 percent.
 Cipla reported flat Q4 profit stood at Rs 260
crore.
 Jet Airways Q4 loss narrowed to Rs 1729
crore on the back of lower expenses.
 Sun TV Q4 profit marginal up by 2.74%
stood at Rs 202.99 crore against 197 crore.
 SAIL profit decline by 26.2%; revenue drags.

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Support & Resistance
CLOSE S2 S1 CRUCIAL POINT R1 R2
8452.05 8190 8310 8550 8610 8700
Weekly market view
Markets saw a losing streak for consecutive four sessions of the week but
strength was seen on last day as per buying interest was seen before the
RBI Policy in coming week and finally closed around the 100 day EMA of
8450. Nifty future on daily charts is exhibiting downward channel pattern
and so 8530-8550 may act as crucial point for it. Positive breakout above
this can lead towards 8610 while if reversals occur from this, then it may
again drag towards the near support level of 8300. Key event to be
watched is RBI Monetary Policy on 2nd
June.
NIFTY WEEKLY

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DATE
FII
(Figures are in Rs. cr.)
DII
(Figures are in Rs. cr.)
25-MAY-15 74.14 0.17
26-MAY-15 114.81 123.85
27-MAY-15 -934.98 594.03
28-MAY-15 -792.54 683.29
29-MAY-15 2284.30 -2267.88
Indices Change
INDEX VALUE PTS %
SENSEX 27828 -129 -0.46
NIFTY 8433 -25 -0.29
BANK NIFTY 18721 288 1.53
INDIA VIX 16.65 -0.29 -1.74
Top Nifty Losers ( Weekly)
Scrip Price P. Close %
TECHM 554.45 654.60 15.30
JSPL 119.40 136.25 12.37
ADANIENT 706.20 779.30 9.38
DEN 140.55 153.75 8.59
RELINFRA 409.20 447.40 8.54
Top Nifty Gainers (Weekly)
Scrip Price
P.
Close
%
DISH TV 101.20 82.90 22.07
VOLTAS 332.95 288.30 15.49
AJANTA PHARMA 1579.3 1368.9 15.37
KTK BANK 141.35 126.60 11.65
BRITANNIA 2548.9 2285.3 11.53
STOCK COMMENTS
BAJAJAUTO(EQ) BUY ABOVE 2341 TARGETS 2391-2431 SL 2275.
CENTURYTEX(FUT) BUY ABOVE 687.50 TARGETS 702-718 SL 656.
LAST UPDATE FRL EQ BUY CALL 1
ST
TARGET ACHEIVED.
LAST UPDATE LUPIN EQ BUY CALL FINAL TARGET ACHEIVED.
MARKET WATCH
CALLS OF THE WEEK

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HINDPETRO EQ HAD CLOSED NEAR TO ALL TIME HIGHS AND THE BULL RALLY
IS EXPECTED TO CONTINUE FURTHER.
BUY ABOVE 685 TARGETS 710-740. MAINTAIN SL OF 650.
NIFTY FUT.
TECHNICAL VIEW
WEEKLY
PICK

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