Tag Archives: Nifty

Market View – 08 August’2012

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The Bse Index Closes on Tuesday at 17602 up 189 Points or +1.08% and the Nifty fasten store at 5337, up 54 points from the previous close or +1.03%. The CNX Midcap index was up 0.1% while the BSE Small cap index gains 0.4% in Yesterdays Trade. The market breadth was positive with advances at 785 against declines of 642 on the NSE.

The markets gained notably on the second consecutive day with auto, IT, banking and realty leading the rally. Capital goods, FMCG and power, too, gained significantly while healthcare and oil & gas closed negative.

Nifty Top Gainers in Yesterday’s Trade: Tata Motors, Idfc, Dlf and Ambuja Cement

Nifty Top Losers in Yesterday’s Trade: Cairn India, Hero Moto Corp, Power Grid and Bpcl.

Stock Cipher:

  • DLF Q1FY13 Consolidated YoY Net Profit at Rs.293 cr Vs Rs.212 cr; Income from ops Rs.2,197.7 cr Vs Rs.2,617 cr .
  • Religare Enterprises Q1FY13 Consolidated QoQ Net Profit at Rs.24.2 cr vs Rs.86.2 cr; Income from ops at Rs.825.2 cr vs Rs.843 cr.
  • Aurobindo Pharma and Glenmark has got US FDA approval for generic Asthama drug.
  • Dhanlaxmi Bank Q1 net loss at Rs 11.8 cr vs profit of Rs 3.4 cr (YoY); NII at Rs 75 cr vs Rs 63 cr (YoY).
  • IDBI Bank has received 3.13 cr shares of 3i Infotech as a part of the restructuring process at Rs. 19.74/share.
  • BEML Q1FY13 YoY Net loss at Rs.39.44 cr vs net profit of Rs.15.87 Cr; Net sales at Rs.413.91 cr vs Rs.553.91 Cr.
  • Escorts Q3 YoY Net Profit at Rs.27 cr Vs Rs.13.2 cr; Net sales at Rs.859 cr Vs Rs.729 cr.
  • Seamec has got USD 18 million contract from Leighton Welspun Contractors.
  • The finance minister yesterday made comments on high interest rates scenario. This sparks hope for traders that the government will put pressure on the RBI to ease monetary policy. Auto, banks and realty stocks were on buyers in yesterday’s radar.
  • NHPC Q1 net profit at Rs 670 cr vs Rs 791 cr (YoY); total income from operations at Rs 1422 cr vs Rs 1470 cr (YoY).
  • J&K Bank Q1 Net Profit at Rs 246 cr Vs Rs 182 cr (YoY); NII at Rs 536 cr Vs Rs 437 cr (YoY).
  • Jet Airways is planning to spin off Jet Privilege Services into separate company in 45 days. The Jet Privilege is Jet Airways Global frequent flyer service.
  • Tata Chemicals Q1 Q1 Net Profit at Rs 107.6 cr Vs Rs 200 cr (YoY); Q1 Net Sales at Rs 3,021 cr Vs Rs 2,974.5 cr (YoY).
  • Balrampur Chini Q1 net loss at Rs 18 cr vs loss of Rs 19.4 cr (YoY); net sales at Rs 692 cr vs Rs 567 cr (YoY).
  • Aurobindo Pharma Q1 cons net loss at Rs 129 cr Vs loss of Rs 123 cr (YoY); cons net sales at Rs 1,197 cr Vs Rs 1,065 cr (YoY).

Bulls managed to see close Nifty above 5333. The subsequently object are 5422 and 5511. 5333-5377 has a Resistance area. So some time and consolidation needed to Jump the level and Vice-Versa Down side Support at 5288-5244 levels if closes below 5155 can bring Blood Bath.

Last Close at 5336 up 54 points, Last High at 5350 Low at 5281, Weekly High at 5350 and low at 5032 and 5 DMA at 5261, 20 DMA at 5203, 50 DMA at 5152 and 200 DMA at 5108.

5-Days Relative Strength Index at 80 and 14-Days Relative Strength Index at 63. It Indicates Nifty Placed in BULLISH precinct.

NIFTY: RESISTANCE @ It has the First resistance close to the level 5355 and above the level marks the track point at 5377 later zooper levels at 5400 marks.

SUPPORT@ It has the first support close to the level of 5311 and below this level mark next support is seen at 5288 later dipping levels near 5244 marks.

NIFTY FUT MOMENTUM CALLS FOR 08 Aug’2012:

Buy Nifty August Future above 5355 Sl 5311 Tgt 5377-5399 {Or} Sell Nifty August Future below 5288 Sl 5311 Tgt 5266-5244.

FII DERIVATES DATA ANYALASIS

  • FII bought 30775 contracts of Nifty worth Rs. 676.88 Crores with Net Open Interest increasing by 36599 contracts.
  • As Nifty Futures up by 51 Points and OI has increased by 36599 contracts means FII have added longs in Index Future, as Nifty has closed above the rollover range of 5210.
  • Nifty today has formed double top pattern which is bearish and it gets confirmed if it is unable to take the 5350 eod tomorrow. One more String to observe Breadth of stocks rising which is quite less and, Nifty is just moving by supporting of Banks & Rill, till we do not have midcaps also performing we can see Nifty coming down and fill gaps till 5200.
  • FII bought 815 Crores and DII bought 55 Crores in cash segment. INR closes at 55.25.

Market Outlook: Nifty Levels for 02 August’2012

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The Bse Index Closes on Wednesday at 17257 up 21 Points or +0.12% and the Nifty fasten store at 5240, up 11 points from the previous close or +0.22%. The CNX Midcap index was up 0.9% while the BSE Small cap index gains 1.1% in Yesterdays Trade. The market breadth was positive with advances at 947 against declines of 490 on the NSE.

The markets clogged with restrained gains today with healthcare, capital goods and realty being the biggest gainers. Metal and oil & gas closed with significant losses. Top Gainers in Yesterday’s Trade were Cipla, Kotak Mahindra Bank, Ambuja Cement and JP Associates & Losers were Coal India, Sesa Goa,Ongc and Hero Motocorp.

Stock Cipher:

  • Delta Corp Q1 cons net profit at Rs 16.1 cr vs Rs 11.8 cr (YoY); cons net sales at Rs 72 cr vs Rs 91.2 cr (YoY).
  • Karvy has filed a forgery case against Deccan Chronicle.
  • IDBI Q1FY13 YoY Net Profit at Rs.427.3 Cr vs Rs.335 Cr; NII at Rs.1270.6 Cr Vs Rs.1211 Cr.
  • Godrej Properties will be developing 1.85 lakh sq ft Ghatkopar Township.
  • 3i Infotech has allotted 2.14 cr shares at Rs 19.74/share as per CDR (Corporate Debt Restructure) package to various lenders.
  • EID Parry Q1FY13 YoY Consolidated Net Profit at Rs.106 Cr Vs Rs.95.5 Cr; Net Sales at Rs.2,666.3 Cr Vs Rs.2,489 Cr.
  • Uninor decides to auction its mobile services business and ancillary operations in various circles; Unitech nominees on the board have opposed the auction.
  • State-owned oil companies hike ATF prices by average Rs 2876.75/kl.
  • Maruti Suzuki July total sales up 9.2% at 82,234 Units (YoY). Domestic Sales at 71,024 Units Vs 66,504 Units (YoY). Exports at 11,210 Units Vs 8,796 Units (YoY). Dzire Sales at 11,413 Units Vs 3,021 Units (YoY).
  • Orissa Minerals Development Company is planning for a bonus share issue and stock split on August 9. The company is looking forward for meger of Bisra Stone Lime with itself on August 9.
  • PVR Q1 cons net profit at Rs 7.6 cr vs loss Rs 13.2 cr (QoQ); cons net sales at Rs 176 cr vs Rs 117.7 cr (QoQ).
  • Adani Power Q1 cons net loss at Rs 810 cr Vs Rs 181 cr profit (YoY); cons net sales at Rs 1,502 cr Vs Rs 855 cr (YoY).
  • M&M July Sales: Total Sales at 47,059 Vs 39,633 units (YoY).
  • Cipla has got US FDA nod for Insomnia drug ambient generic.
  • July Auto Sales Tata Motors:
    Total Sales (GU)15% at 74,159 at units (YoY)
    Domestic Sales (GU)18% at 68,627 at units (YoY)
    PV Sales (GU)53% at 26,240 at units (YoY)
    Nano Sales at 5,485 at units Vs 3,260 at units (YoY)
    Exports at 5,532 at units Vs 6,512 at units (YoY)
  • Orient Paper Q1 net profit at Rs 48.9 cr vs Rs 59.4 cr (YoY); net sales at Rs 657 cr vs Rs 524 cr (YoY)
  • Jaypee Infra Q1 net profit at Rs 209 cr vs Rs 238 cr (YoY); net sales at Rs 678 cr vs Rs 617 cr (YoY),
  • CEAT Q1 cons net profit at Rs 29 cr vs loss of Rs 41 cr (YoY); cons net sales at Rs 1,225 cr vs Rs 1,110.5 cr (YoY).
  • Eicher Motor July Auto Sales: Total Bus, Truck Sales (Reduced) 13.2% at 3,602 Units (YoY).
  • GSK Consumer Q2 net profit at Rs 106.6 cr Vs Rs 82.5 cr, net sales at Rs 729.7 cr Vs Rs 653.4 cr (YoY).

Last Close at 5240 up 11 points, Last High at 5246 Low at 5212, Weekly High at 5246 and low at 5032 and 5 DMA at 5162, 20 DMA at 5213, 50 DMA at 5128 and 200 DMA at 5105.

5-Days Relative Strength Index at 68 and 14-Days Relative Strength Index at 56. It Indicates Nifty Placed in BULLISH precinct.

NIFTY: RESISTANCE @ It has the First resistance close to the level 5244 and above the level marks the track point at 5266 later zooper levels at 5288 marks.

SUPPORT@ It has the first support close to the level of 5222 and below this level mark next support is seen at 5200 later dipping levels near 5155 marks.

NIFTY FUT MOMENTUM CALLS FOR 02 Aug’2012:

Buy Nifty August Future above 5266 Sl 5244 Tgt 5288-5311 {Or} Sell Nifty August Future below 5222 Sl 5244 Tgt 5200-5177.

Market Outlook: Nifty Levels for 01 August’2012

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The Bse Index Closes on Tuesday at 17236 up 92 Points or +0.54% and the Nifty fasten store at 5229, up 29 points from the previous close or +0.56%. The CNX Midcap index was up 0.4% while the BSE Small cap index gains 0.1% in Tuesday’s Trade. The market breadth was positive with advances at 741 against declines of 657 on the NSE.

The markets finished a smart recovery in the afternoon to close with temperate gains and barring consumer durables, banking and power, all sectoral indices closed positive. Oil & gas, realty and metal were the biggest gainers in yesterday’s session and IT and healthcare, too, gained significantly. Top Gainers in Yesterday’s Trade were Grasim, Ongc, Dlf and Sterlite Industries & Losers were Bharti Airtel, Hero Motocorp, Jindal Steel and Bank of Baroda.

Stock Cipher:

  • Hexaware Q2 net profit at Rs 89 cr vs Rs 88.4 cr (QoQ).
  • Competition Commission of India (CCI) has imposed a penalty of Rs 397.5 cr on Shree Cement for indulging in restrictive trade practices.
  • Deccan Chronicle has pledged 14.5% stake of the company to Religare Finvest. Earlier, it had pledged 54% to Future Capital.
  • Coal India board will be meeting on Tuesday to discuss FSAs (fuel supply agreement) with Power companies.
  • First source Solutions Q1 net profit up 25.6% at Rs 29 cr (QoQ); Revenues up 8.6% at Rs 675.2 cr vs Rs 621.8 cr (QoQ).
  • Bharti Airtel is planning to issue new shares to the public or Qualified Foreign Investors (QFI).
  • Gulf Oil India has signed a development agreement with Hinduja Estates for 76 acre Hyderabad land.
  • Rare Enterprises buys 25 lakh shares of SpiceJet; stock up 8%.
  • Suzlon Energy has bagged orders of worth 247 million Euro.
  • Sun TV in distribution pact with Arasu Cable.
  • Zydus Cadila receives tentative US FDA nod for Aripiprazole tablets.
  • Karur Vysya Bank Q1 Net Profit at Rs 146 cr Vs Rs 117 cr (YoY).
  • Titan Q1 net profit at Rs 156 cr vs 143.3 cr (YoY); total income at Rs 2,231 cr vs Rs 2,020 cr (YoY).
  • Petronet LNG Q1 Net Profit at Rs 271 cr Vs Rs 245.1 cr (QoQ).
  • Cipla Q1 net profit at Rs 400.7 cr vs Rs 253 cr (YoY); net sales at Rs 1917.4 cr vs Rs 1591 cr (YoY).
  • RBI leaves the Repo Rates as it is.

Last Close at 5229 up 30 points, Last High at 5234 Low at 5154, Weekly High at 5234 and low at 5032 and 5 DMA at 5136, 20 DMA at 5216, 50 DMA at 5119 and 200 DMA at 5103.

5-Days Relative Strength Index at 61 and 14-Days Relative Strength Index at 55. It Indicates Nifty Placed in BULLISH precinct.

NIFTY {5229}: RESISTANCE @ It has the First resistance close to the level 5244 and above the level marks the track point at 5266 later zooper levels at 5288 marks.

SUPPORT@ It has the first support close to the level of 5200 and below this level mark next support is seen at 5177 later dipping levels near 5155 marks.

NIFTY FUT MOMENTUM CALLS FOR 01 Aug’2012:

Buy Nifty August Future above 5245 Sl 5222 Tgt 5266-5288 {Or} Sell Nifty August Future below 5200 Sl 5222 Tgt 5177-5155.