Market Outlook: Nifty Levels for 31 JULY’2012

The Bse Index Closes on Monday at 17144 up 304 Points or +1.81% and the Nifty shut shop at 5200, up 100 points from the previous close or +1.96%. The CNX Midcap index was up 1.7% while the BSE Small cap index gain 1.3% in Mondays Trade. The market breadth was positive with advances at 953 against declines of 491 on the NSE.

The markets made vigorous gains on Yesterday with all sectoral indices closing in the green. Realty, power, banking and capital goods were the best performers in Yesterday’s session and metal, consumer durables and auto, too, closed with substantial upside. Top Gainers in Yesterday’s Trade were Relaince Infra, JP Assosiates, Cairn India and Idfc & Losers were Ambuja Cement, Hul, Hcl Tech and Ongc.

Stock Cipher:

  • HDFC Q1FY13 consolidated YoY net profit at Rs 1275.8 cr vs Rs 1020 cr; Income from operations at Rs 5123 cr vs Rs 3990.3 cr .
  • Maruti Suzuki Q1FY13 YoY Net Profit at Rs 423.8 cr vs Rs 549.2 cr; Net Sales at Rs 10,529.2 cr vs Rs 8,256.6 cr.
  • Nestle India Q2FY13 YoY net profit at Rs 246 cr Vs Rs 213.8 cr (YoY); net sales at Rs 1,986.6 cr Vs Rs 1,763 cr (YoY) and repay interim dividend at 18/Share.
  • McLeod Russel Q1FY13 YoY Net Profit at Rs 19.3 cr Vs Rs 37.3 cr; Net Sales at Rs 143 cr Vs Rs 145.3 cr.
  • Motilal Oswal Fin Q1FY13 consolidated (YoY) net profit at Rs 20.2 cr vs Rs 21.2 cr; Income from operations at Rs 104.2 cr vs Rs 106.2 cr.
  • Thomas Cook India Q1FY13 Consolidated YoY Net Profit at Rs 31 cr vs Rs 21.5 cr; Net Sales at Rs 128 cr vs Rs 106 cr.
  • Alstom T&D India Q1FY13 YoY Net Profit at Rs 23 cr vs Rs 18 cr; Net Sales at Rs 671 cr vs Rs 663 cr .
  • Punjab & Sind Bank Q1FY13 YoY Net Profit at Rs 24 cr vs Rs 64.1 cr; NII at Rs 369 cr vs Rs 351 cr.
  • Grasim Q1 consolidated YoY Net Profit at Rs 718 cr vs Rs 751.7 cr; Total Income at Rs 6832 cr vs Rs 5907 cr.
  • United Spirits Q1FY13 YoY net profit at Rs 144.9 cr vs Rs 137.7 cr; net sales at Rs 2057.2 cr vs Rs 1935.4 cr.
  • Birla Corp Q1FY13 YoY Net Profit at Rs 84.74 cr vs Rs 111.9 cr; Income from ops at Rs 668.2 cr vs Rs 563.9 cr.
  • Bank of Baroda Q1 Net Profit at Rs 1,139 Cr Vs Rs 1,033 Cr (YoY).
  • Oriental Bank Q1 Net Profit at Rs 391 cr Vs Rs 355 cr (YoY); NII at Rs 1,126 cr Vs Rs 1,018 cr (YoY).
  • Allahabad Bank Q1 Net Profit at Rs 514 Cr Vs Rs 418 Cr (YoY).
  • Muthoot Finance Q1 Net Profit at Rs 246 Cr Vs Rs 190 Cr (YoY).
  • Indian Oil Bank Q1 net profit at Rs 233.4 cr vs Rs 205.5 cr (YoY); NII at Rs 1328 cr vs Rs 1187.5 cr (YoY)
  • Spice Jet Q1 net profit at Rs 56.2 cr vs loss of Rs 72 cr.
  • Havells India Q1 net profit at Rs 80 cr vs Rs 64.8 cr (YoY); net sales at Rs 1032.8 cr vs Rs 822.37 cr (YoY).
  • Sadbhav Engineering Q1 Net Profit at Rs 52.4 Cr Vs Rs 33.8 Cr (YoY); Total Income at Rs 421.5 Cr Vs Rs 612.9 Cr (YoY).
  • Sadbhav Engineering Q1 Net Profit at Rs 52.4 Cr Vs Rs 33.8 Cr (YoY); Total Income at Rs 421.5 Cr Vs Rs 612.9 Cr (YoY).

Last Close at 5199 up 100 points, Last High at 5206 Low at 5129, Weekly High at 5257 and low at 5032 and 5 DMA at 5116, 20 DMA at 5219, 50 DMA at 5112 and 200 DMA at 5102.

5-Days Relative Strength Index at 61 and 14-Days Relative Strength Index at 53. It Indicates Nifty Placed in BULLISH precinct.

NIFTY {5200}: RESISTANCE @ It has the First resistance close to the level 5222 and above the level marks the track point at 5244 later zooper levels at 5288 marks.

SUPPORT@ It has the first support close to the level of 5177 and below this level mark next support is seen at 5155 later dipping levels near 5111 marks.

NIFTY FUT MOMENTUM CALLS FOR 31 Jul’2012:

Buy Nifty August Future above 5222 Sl 5200 Tgt 5244-5266 {Or} Sell Nifty August Future below 5177 Sl 5200 Tgt 5155-5133.

Market Outlook: Nifty Levels for 04 JULY 2012

Real Estate StocksReal estate, metals & banks help the market close in the green after a monotonous session which saw the indices trade flat for most part. The range for the day was a sheer 40 point with infrastructure keeping the market down.

The Bse Index closes at 17425 up 26 points or +0.15% & Nifty closes at 5287, up 9 points from the previous close or +0.18%. CNX Midcap index was up 0.6% % and the BSE Small cap index was up 0.8%. The market breadth was positive with advances at 893 against declines of 560 on the NSE.

Today also consolidation going on. The level 5311-5333 seems to be good Resistance

Last Close at 5288 up 10 points, Last High at 5326 Low at 5266, Weekly High at 5316 and low at 5095 and 5 DMA at 5227, 20 DMA at 5128, 50 DMA at 5048 and 200 DMA at 5078

5-Days Relative Strength Index at 60 and 14-Days Relative Strength Index at 67. It Indicates Nifty Placed in Bullish Zone.

RESISTANCE: It has the First resistance close to the level 5311 & above the level marks the track point at 5333 later zooper level at 5355 mark.

SUPPORT:  It has the first support close to the level of 5266 & below this level mark next support is seen at 5244 later dipping level near 5222 mark.

Market Outlook: Nifty Levels for 21 JUNE 2012

Nifty IndexThe Nifty bounce back by the cement sector from the lows of the day helped the market close with modest gains following a passive and range bound session. Volumes were good and sectors that saw green led were as autos, metal stocks and infra.

The Bse Index closes at 16896 up 36 points or 0.22% & Nifty closes at 5120, up 16 points or 0.33% from the previous close. CNX Midcap index was up 1.1 % and the BSE Small cap index was up 0.8%. The market breadth was positive with advances at 896 against declines of 519 on the NSE.

Last Close at 5120 Up 17 Points, Last High at 5141 Low at 5100, Weekly High at 5190 and low at 5015 and 5 DMA at 5096, 20 DMA at 5007, 50 DMA at 5062 and 200 DMA at 5070

RESISTANCE: It has the First nifty resistance close to the level 5133 & above the level marks the track point at 5155 later zooper level at 5177 mark.

SUPPORT:  It has the first support close to the level of 5088 & below this level mark next support is seen at 5066 later dipping level near 5044 mark.