The market gained strength in last hour of trade on Friday amid consolidation and snapped two-day losing streak, led by recovery in most beaten down stocks like banks and auto .
Call Girls Jp Nagar Just Call 👗 7737669865 👗 Top Class Call Girl Service Bang...
Equity weekly report 7 aug to 11 aug 2017
1. WEEKLY REPORT
7 August to 11 August
Trade House 426 Alok Nagar, Kanadia Main Road Near Bangali Square
Indore-452001 (M.P.) India Mobile :+91-9039261444
E-mail: info@tradenivesh.in Telephone :+91-731-698.3000
7th August. to 11th August.
2017
2. WEEKLY REPORT
7 August to 11 August
2
MARKET SUMMARY
The market gained strength in last hour of trade on Friday amid consolidation and
snapped two-day losing streak, led by recovery in most beaten down stocks like banks
and auto . The 30-share BSE Sensex recovered more than 200 points from the day's low
to end up 87.53 points at 32,325.41 while the 50-share NSE Nifty closed near its record
high, up 52.75 points at 10,066.40 despite weak market breadth and sluggish global
cues. About 1,388 shares declined against 1,204 advancing shares on the BSE. However,
MRF, Ceat, Apollo Tyres, CDSL, Jindal Steel & Power and HDIL were under pressure.
INDIAN SECTORIAL INDICES
INDICES
% CHANGE
(weekly)
NIFTY AUTO 11137.55(1.85)
NIFTY FINANCE 10137.55(-0.29)
NIFTY FMCG 25551.10(-1.85)
NIFTY IT 10757.95(-0.11)
NIFTY COMSUMP 4534.10(1.17)
NIFTY METAL 3302.00(2.95)
NIFTY PHARMA 9256.85(-4.29)
NIFTY INFRA 3408.35(1.48)
NIFTY ENERGY 13203.65(4.20)
NIFTY REALTY 280.60(-0.21)
INDICES VALUE CHANGE (weekly)
% CHANGE
(weekly)
NIFTY 10066.40 51.90 0.52
SENSEX 32325.41 15.53 0.05
BANK NIFTY 24827.45 16.15 0.07
INDIAN MARKETS
3. WEEKLY REPORT
7 August to 11 August
3
Losers of the Week
Symbol CMP % change
DRREDDYS LAB 2239.55 -9.14
SUN PHARMA 506.40 -8.06
LUPIN 992.80 -6.68
ITC 280.75 -3.70
HDFC 1731.35 -3.02
Gainers of the Week
Symbol CMP % change
INDIAN OIL 418.95 13.91
HERO MOTOC 3956.55 8.99
BPCL 517.90 8.89
NTPC 177.35 8.21
EICHER MOTO 31637.25 7.65
GLOBAL INDICES WEEKLY
U.S.
DJIA S&P 500 NASDAQ
21997.50( 1.35% ) 2470.75(0.36% ) 6351.56(-0.36% )
EUROPEAN
CAC 40 DAX FTSE 100
5203.44(1.40%) 12297.72(1.11%) 7511.71(0.78%)
ASIAN
NIKKEI HANG SENG SHANGHAI COM.
19952.33(-0.03%) 27562.68( 2.16%) 3261.32(0.22%)
MOVERS & SHAKERS LAST WEEK
INDIAN CURRENCY WEEKLY
USD-INR EUR-INR GBP-INR JPY-INR USD INDEX
63.77
(-0.97%)
75.75
( 0.31%)
83.89
( 0.65%)
57.97
( 0.01%)
93.37
( 0.18%)
14. WEEKLY REPORT
7 August to 11 August
14
SYMBOL PURPOSE DATE
ECLERX AGM/Dividend 11-Aug-17
FIEMIND AGM/Dividend 11-Aug-17
LAOPALA Dividend 11-Aug-17
INDHOTEL AGM/Dividend 11-Aug-17
ISFT AGM/Dividend 11-Aug-17
RANEENGINE AGM/Dividend 11-Aug-17
GREENLAM AGM/Dividend 11-Aug-17
AUTOAXLES Dividend 11-Aug-17
KARMAENG AGM 11-Aug-17
HERITGFOOD AGM/Dividend 11-Aug-17
15. WEEKLY REPORT
7 August to 11 August
15
TECHNICAL VIEW
This week was very volatile week for the index where it even after crossing 10000 mark Nifty corrected but finally recovering some
losses the index closed positive. Although the index may see now a little consolidation as the weekly and daily candles for the coming
week are not that much attractive but than the overall sentiment is positive for the market. So we advise you to buy Nifty from
around 10100 for the targets of 10300 and 10500 with strict stop loss of 9950.
NIFTY WEEKLY OUTLOOK
WEEKLY
R3 10355.53
R2 10223.88
R1 10166.22
Pivot 10092.23
S1 10034.57
S2 9960.58
S3 9828.93
WEEKLY
CLOSE 10108.55
OPEN 10038.25
HIGH 10149.90
LOW 10018.25
CHANGE 66.30
%
CHANGE
0.66
16. WEEKLY REPORT
7 August to 11 August
16
TECHNICAL VIEW
BANKNIFTY FUTURE has made a new level of 25260 but the index saw lots of ups and down and has closed with a little doji kind of
candlestick on weekly charts, but the overall sentiments in the market are positive. So we suggest to buy it if it keeps trading above
25250 for the targets of 25500 and 25800 with strict stop loss 24900
.
NIFTY BANK WEEKLY OUTLOOK
WEEKLY
R3 26092.22
R2 25531.12
R1 25241.13
Pivot 24970.02
S1 24680.03
S2 24408.92
S3 23847.82
WEEKLY
CLOSE 24951.15
OPEN 24985.00
HIGH 25260.00
LOW 24698.90
CHANGE 16.90
%
CHANGE
0.06
17. WEEKLY REPORT
7 August to 11 August
17
TECHNICAL VIEW
TATA STEEL FUTURE ( BUY ) (31–AUGUST-2017)
TATASTEEL FUTURE in this week has closed very positive, it has breached very important resistance of 580 and 78.6% Fibonacci
retracement now we assume that it will head further for 100%. The crossover on RSI also signaling a strong buy. So we advise you to
buy it above 583.5 for the targets of 595, 610 with strict stop loss of 567.
WEEKLY RECOMMENDATIONS TATA STEEL FUTURE
WEEKLY
R3 801.70
R2 769.95
R1 758.15
Pivot 738.20
S1 726.40
S2 706.45
S3 674.70
WEEKLY
CLOSE 746.35
OPEN 720.60
HIGH 750.00
LOW 718.25
CHANGE 23.85
%
CHANGE
3.30
18. WEEKLY REPORT
7 August to 11 August
18
TECHNICAL VIEW
BPCL FUTURE ( BUY ) (31–AUGUST-2017)
BPCL FUTURE gaining more than 5% in last trading session has closed with further positive indications on both daily and weekly
charts. Other economic indicator like RSI is also showing the strength in the stock. Many energy and power stocks have gained in this
week and have given breakout. So buy BPCL FUTURE above 520 for the targets of 530, 540 with strict stop loss of 510.
WEEKLY RECOMMENDATIONS BPCL FUTURE
WEEKLY
R3 620.47
R2 563.82
R1 542.28
Pivot 507.17
S1 485.63
S2 450.52
S3 393.87
WEEKLY
CLOSE 520.75
OPEN 474.00
HIGH 528.70
LOW 472.05
CHANGE 9.21
%
CHANGE
10.80
19. WEEKLY REPORT
7 August to 11 August
19
TECHNICAL VIEW
TRIVENI ENGINEERING & INSUTRIES (BUY)
TRIVENI ENGINEERING & INSUTRIES seems to achieve higher levels for next week . The stock has shown very good performance
this week. Gaining 20 points and an excellent volume the stock is now standing near resistance which seems to be broken. So we ad-
vise you to buy it above 100 for the targets of 110 and 120 with strict stop loss of 88.
OUR WEEKLY RECOMMENDATIONS TRIVENI ENGINEERING & INSUTRIES (CASH)
WEEKLY
R3 132.85
R2 112.50
R1 105.15
Pivot 92.15
S1 84.80
S2 71.80
S3 51.45
WEEKLY
CLOSE 97.80
OPEN 79.50
HIGH 99.50
LOW 79.15
CHANGE 18.70
%
CHANGE
23.64
20. WEEKLY REPORT
7 August to 11 August
20
TECHNICAL VIEW
COALINDIA (BUY)
COALINDIA is looking good for this week, as it has just come up from oversold zone and about to give positive cross over on RSI.
The stock had broken a very crucial support on last trading session but failed to continue the downtrend, instead it bounced back
with heavy volumes and closed with positive indications. So buy it above 254 for 265 and 280 with strict stop loss of 238
WEEKLY RECOMMENDATIONS COALINDIA(CASH)
WEEKLY
R3 277.15
R2 262.10
R1 255.65
Pivot 247.05
S1 240.60
S2 232.00
S3 216.95
WEEKLY
CLOSE 249.20
OPEN 252.00
HIGH 253.50
LOW 238.45
CHANGE -2.35
%
CHANGE
-0.93
21. WEEKLY REPORT
7 August to 11 August
21
STATUS OF OUR LAST WEEKLY RECOMMENDATIONS
SYMBOL JSW ENERGY
SEGMENT FUTURE
BUY 71.81
TG1 73.50
TG2 75.50
SL 69.50
ACHIEVED 1ST TGT HIGH IS 74.80
SYMBOL RELIANCE CAPITAL
SEGMENT FUTURE
BUY 722
TG1 729
TG2 738
SL 714
ACHIEVED 2ND TGT HIGH IS
749.80
SYMBOL IVRCLINFRA
SEGMENT CASH
BUY 7.30
TG1 8.00
TG2 8.70
SL 6.80
ACHIEVED NOT EXECUTED
SYMBOL PRAKASH IND.
SEGMENT CASH
BUY 142
TG1 148
TG2 155
SL 134
ACHIEVED SL HIT
SYMBOL NIFTY FUTURE
SEGMENT INDEX
BUY 10000
TG1 10150
TG2 10300
SL 9850
ACHIEVED NOT EXECUTED
SYMBOL BANK NIFTY FUTURE
SEGMENT INDEX
BUY 25000
TG1 25300
TG2 25600
SL 24600
ACHIEVED CLOSE PRICE
24957.95
22. WEEKLY REPORT
7 August to 11 August
22
MAHINDRA AND MAHINDRA LTD India's Mahindra Logistics Ltd, a unit of automobile major Mahindra and Mahindra Ltd, has filed for an initial public
offering of shares. . Mahindra Logistics provides services such as warehouse solutions and transport management.
RELIANCE COMMUNICATION sent its letter to the Association of Unified Telecom Service Providers of India (AUSPI) to withdraw from the membership
of the body recently .
INDIAN OIL India's top refiner Indian Oil Corp will spend $2.4 billion to increase capacity at its refinery in western India by about a third over the next few
years to meet rising local demand for fuel.
BHARTI AIRTEL Indian telecom giant Airtel's parent company Bharti Enterprises has decided to pull the plug on the mega-merger talks with Tata Group's
telecom, direct-to-home TV and overseas cables businesses.
PUNJ LIOYD Shares of Punj Lloyd surged more than 8 percent intraday Friday as the company achieved financial closure of largest gas pipeline project in
Malaysia.The project worth USD 822 million .
BIOCON Biopharmaceutical firm Biocon was issued 10 observations by US drug regulator found lapses of current good manufacturing practices (cGMP) at its
small molecule injectable plant in Bengaluru .
INFOSYS Global software major Infosys , it would acquire the London-based digital studio Brilliant Basics for an unspecified amount . The acquisition is ex-
pected to close during this quarter (July-September).
BAJAJ FINANCE Bajaj Finance Ltd said on Wednesday, it would buy nearly an 11 percent stake in mobile payments wallet company One MobiKwik Systems
Private Ltd for about Rs. 225 crore ($35.36 million).
AXIS BANK Private sector Axis Bank it has raised $500 million from bonds to fund global business.
JET AIRWAYS Jet Airways pilots' union, the National Aviator's Guild, is likely to hold talks with the airline management on the issue of steep reduction in the
salaries of junior trainee pilots .
JP MORGAN Mauritius and Copthall Investment sold 1.7 percent stake in Narayana Hrudyalaya for Rs 100 crore.
TATA CHEMICALS signs business transfer agreement with Unnati Inorganics to acquire precipitated Silica operations on a slump sale basis for Rs 34 crore .
HINDUSTAN COPPER Government raises Rs 327 crore from divesting of 5.5 percent stake in Hindustan Copper.
HDIL NCLT admitted an IBC application from Union Bank Of India For subsidiary.
PRIRAMAL ENTERPRISES in focus - Piramal Realty invests in Mumbai project.
SHREE PUSHKAR CHEMICALS commences commercial production of its 750 MTA H-Acid.
RAMCO CEMENTS to add 3MT with Rs 1,100 crore investments.
STOCKS IN NEWS
24. WEEKLY REPORT
7 August to 11 August
24
This document is solely for the personal information of the recipient, and must not be singularly used as the basis of any
investment decision. Nothing in this document should be construed as investment or financial advice. Each recipient of this
document should make such investigations as they deem necessary to arrive at an independent evaluation of an investment
in the securities of the companies referred to in this document including the merits and risks involved, and should consult
their own advisors to determine the merits and risks of such an investment.
Reports based on technical and derivative analysis center on studying charts of a stock's price movement, outstanding posi-
tions and trading volume. The information in this document has been printed on the basis of publicly available information,
internal data and other reliable sources believed to be true, but we do not represent that it is accurate or complete and it
should not be relied on as such, as this document is for general guidance only. Trade Nivesh shall not be in any way respon-
sible for any loss or damage that may arise to any person from any inadvertent error in the information contained in this
report. Trade Nivesh has not independently verified all the information contained within this document. Accordingly, we
cannot testify, nor make any representation or warranty, express or implied, to the accuracy, contents or data contained
within this document. While Trade Nivesh endeavors to update on a reasonable basis the information discussed in this ma-
terial, there may be regulatory, compliance, or other reasons that prevent us from doing so.
Investment in equity & Commodity market has its own risks. We Trade Nivesh shall not be liable or responsible for any
loss or damage that may arise from the use of this information.
DISCLAIMER