Thursday, May 21, 2015

NIFTY INTRADAY VIEW ( 22 / 05 )

NIFTY INTRADAY LEVELNIFTY PROBABLE HIGHNIFTY PROBABLE LOW
R48494BULL85208286
R38465UP BREAKOUT84628345
R28454UP CAUTIONLEVEL FOR LONGLEVEL FOR SHORT
R18447SELL84388370
PIVOT8417 LAST DAYCONFUSION TREND
S18395BUYOPEN8434
S28388DOWN CAUTIONHIGH8446.0
S38378DOWN BREAK OUTLOW8382.0
S48349BEARCLOSE8421.0
NIFTY MONTHLY LEVELNIFTY DAILY VOLATALITY0.76%
R26082LONGNIFTY WEEKLY VOLATALITY2.85%
R15976SHORT EXITNIFTY WEEKLY HIGH8446.0
S15765LONG EXITNIFTY WEEKLY LOW8212.0
S25659SHORTNIFTY DAY MEAN8329

Wednesday, May 20, 2015

NIFTY INTRADAY VIEW ( 21 / 05 )

NIFTY INTRADAY LEVELNIFTY PROBABLE HIGHNIFTY PROBABLE LOW
R48507BULL85368239
R38473UP BREAKOUT84628313
R28460UP CAUTIONLEVEL FOR LONGLEVEL FOR SHORT
R18452SELL84188333
PIVOT8410 LAST DAYBULL WITH LV
S18394BUYOPEN8393
S28386DOWN CAUTIONHIGH8440.0
S38374DOWN BREAK OUTLOW8391.0
S48340BEARCLOSE8423.25
NIFTY MONTHLY LEVELNIFTY DAILY VOLATALITY0.58%
R26082LONGNIFTY WEEKLY VOLATALITY3.72%
R15976SHORT EXITNIFTY WEEKLY HIGH8440.0
S15765LONG EXITNIFTY WEEKLY LOW8137.0
S25659SHORTNIFTY DAY MEAN8288.5

BANK NIFTY INTRADAY VIEW ( 21 / 05 )

BANKNIFTY INTRADAY LEVEL BANKNIFTY PROBABLE HIGHBANKNIFTY PROBABLE LOW
R418815BULL 1877418131
R318706UP BREAKOUT 1861418292
R218666UP CAUTION LEVEL FOR LONGLEVEL FOR SHORT
R118640SELL 1853818314
PIVOT18518  LAST DAYBULL WITH LV
S118471BUY OPEN18433
S218445DOWN CAUTION HIGH18620.0
S318405DOWN BREAK OUT LOW18433.0
S418295BEAR CLOSE18555.15

BANKNIFTY


The Banking Sector Index

 BANKNIFTY DAILY VOLATALITY1.01%
 BANKNIFTY WEEKLY VOLATALITY4.57%
 BANKNIFTY WEEKLY HIGH18620.0
 BANKNIFTY WEEKLY LOW17806.0
 BANKNIFTY DAY MEAN18213

Tuesday, May 19, 2015

NIFTY INTRADAY VIEW ( 20 / 05 )

NIFTY INTRADAY LEVELNIFTY PROBABLE HIGHNIFTY PROBABLE LOW
R48467BULL84638205
R38425UP BREAKOUT83988269
R28410UP CAUTIONLEVEL FOR LONGLEVEL FOR SHORT
R18399SELL83648273
PIVOT8376 LAST DAYCONFUSION TREND
S18332BUYOPEN8356
S28322DOWN CAUTIONHIGH8428.0
S38306DOWN BREAK OUTLOW8335.0
S48264BEARCLOSE8365.65
NIFTY MONTHLY LEVELNIFTY DAILY VOLATALITY1.12%
R26082LONGNIFTY WEEKLY VOLATALITY4.18%
R15976SHORT EXITNIFTY WEEKLY HIGH8428.0
S15765LONG EXITNIFTY WEEKLY LOW8090.0
S25659SHORTNIFTY DAY MEAN8259

BANK NIFTY INTRADAY VIEW ( 20 / 05 )

BANKNIFTY INTRADAY LEVEL BANKNIFTY PROBABLE HIGHBANKNIFTY PROBABLE LOW
R418660BULL 1860018057
R318541UP BREAKOUT 1846518193
R218498UP CAUTION LEVEL FOR LONGLEVEL FOR SHORT
R118470SELL 1841918206
PIVOT18411  LAST DAYCONFUSION TREND
S118291BUY OPEN18365
S218263DOWN CAUTION HIGH18556.0
S318220DOWN BREAK OUT LOW18297.0
S418102BEAR CLOSE18380.4

BANKNIFTY


The Banking Sector Index

 BANKNIFTY DAILY VOLATALITY1.42%
 BANKNIFTY WEEKLY VOLATALITY5.13%
 BANKNIFTY WEEKLY HIGH18556.0
 BANKNIFTY WEEKLY LOW17650.0
 BANKNIFTY DAY MEAN18103

Sunday, May 17, 2015

NIFTY INTRADAY VIEW ( 18 / 05 )

NIFTY INTRADAY LEVELNIFTY PROBABLE HIGHNIFTY PROBABLE LOW
R48338BULL83698112
R38307UP BREAKOUT83058176
R28296UP CAUTIONLEVEL FOR LONGLEVEL FOR SHORT
R18289SELL82578146
PIVOT8251 LAST DAYBULL WITH LV
S18236BUYOPEN8240
S28228DOWN CAUTIONHIGH8279.0
S38217DOWN BREAK OUTLOW8212.0
S48187BEARCLOSE8262.35
NIFTY MONTHLY LEVELNIFTY DAILY VOLATALITY0.82%
R26082LONGNIFTY WEEKLY VOLATALITY3.0%
R15976SHORT EXITNIFTY WEEKLY HIGH8333.0
S15765LONG EXITNIFTY WEEKLY LOW8090.0
S25659SHORTNIFTY DAY MEAN8211.5

THE WEEK AHEAD

Next batch of quarterly earnings of India Inc to dictate trend
The next batch of quarterly earnings of India Inc., macroeconomic data, trend in global markets, investment by foreign portfolio investors (FPIs), the movement of rupee against the dollar and crude oil price movement will dictate trend on the bourses in the coming week.
Stock-specific action will be seen as companies announce their earnings for the quarter ended 31 March 2015. Asian Paints announces Q4 results on Monday, 18 May 2015. Tata Power Company announces Q4 results on Tuesday, 19 May 2015. Tata Steel unveils Q4 results on Wednesday, 20 May 2015. Bajaj Auto announces Q4 results on Thursday, 21 May 2015. Coal India, ITC and State Bank of India (SBI) announce Q4 results on Friday, 22 May 2015.
Investors will closely watch for any major announcements during Prime Minister Narendra Modi's ongoing three nation official visit to China, Mongolia and Republic of Korea. Prime Minister Narendra Modi's three nation official visit to China, Mongolia and Republic of Korea began on Thursday, 14 May 2015 and ends on Tuesday, 19 May 2015. Meanwhile, a three-day visit to China gets over on Saturday, 16 May 2015. On Friday, 15 May 2015, Prime Minister Narendra Modi said that India and China have signed over 20 agreements, covering diverse areas of cooperation.
On global front, Markit Economics will announce on Thursday, 21 May 2015, a preliminary reading of HSBC PMI indices for China, US and Japan for May 2015, indicating health of respective region's manufacturing activity. Flash composite PMI indices for France, Germany and the euro zone for May 2015, will also be announced on that day.
In US, the National Association of Home Builders' housing market index for May 2015 will be out on Monday, 18 May 2015. Data on housing starts for April 2015 will be out on Tuesday, 19 May 2015. Minutes of the Federal Open Market Committee's last meeting held on 29 April 2015 will be out on Wednesday, 20 May 2015. Data on existing home sales during April 2015, stating the number of previously constructed homes, condominiums and co-ops in which a sale closed, will be out on Thursday, 21 May 2015.

THE WEEK THAT WAS

Sensex gains 0.8%
Key benchmark indices edged higher amid wild gyrations witnessed throughout the week as market sentiment was boosted on expectations of cut in policy rates by the Reserve Bank of India in its next monetary policy review scheduled on 2 June 2015, after the latest government data showed inflation based on consumer price index (CPI) eased to a four-month low in April. Key indices gained in three out of five sessions of the week.
The S&P BSE Sensex rose 218.61 points or 0.8% to settle at 27,324. The 50-unit CNX Nifty gained 70.85 points or 0.86% to settle at 8,262.35.
The BSE Mid-Cap index rose 3.2%. The BSE Small-Cap index gained 1.95%. Both these indices outperformed the Sensex.
Trading for the week began on a strong note. Key benchmark indices logged strong gains on first trading day of the week on Monday, 11 May 2015. The S&P BSE Sensex rose 401.91 points or 1.48% to settle at 27,507.30, its highest closing level since 23 April 2015.
Key benchmark indices dropped on Tuesday, 12 May 2015, on weak European stocks. The S&P BSE Sensex slumped 629.82 points or 2.29% to settle at 26,877.48, its lowest closing level since 7 May 2015.
Key benchmark indices logged strong gains on Wednesday, 13 May 2015 amid high intraday volatility. The S&P BSE Sensex rose 373.62 points or 1.39% to settle at 27,251.10, its highest closing level since 11 May 2015.
Amid a divergent trend among various index constituents, key benchmark indices registered small losses on Thursday, 14 May 2015. The S&P BSE Sensex fell 45.04 points or 0.17% to settle at 27,206.06, its lowest closing level since 12 May 2015.
A divergent trend was witnessed among various index constituents, as key benchmark indices registered modest gains on the last trading session of the week on Friday, 15 May 2015. The S&P BSE Sensex gained 117.94 points or 0.43% to settle at 27,324.
From the 30-share Sensex pack, 16 stocks rose and the rest fell in the week ended Friday, 15 May 2015.
Index heavyweight and housing finance major HDFC rose 3.77%.
Index heavyweight and software major Infosys advanced 0.09%. Infosys announced after market hours on Thursday, 14 May 2015, that the company has joined the Industrial Internet Consortium (IIC), an open membership group established to improve the integration between the physical and the digital worlds and accelerate the adoption of Internet of Things. The goal of the consortium is to amplify the development and availability of connected, intelligent industrial automation.
Capital goods stocks edged lower. L&T (down 0.4%) and Bharat Heavy Electricals (Bhel) (down 0.28%) declined.
Power generation stocks declined. NTPC (down 4.15%) and Tata Power Company (down 0.75%) declined.
Among private bank stocks, Axis Bank (up 3.5%) and HDFC Bank (up 0.76%) gained. ICICI Bank declined 1.34%.
Among PSU bank stocks, State Bank of India (SBI) rose 0.66%.
Vedanta jumped 9.76%. The stock was the biggest gainer from the Sensex pack.
Tata Steel lost 0.83%. Tata Steel announced after market hours on Thursday, 14 May 2015, that the company expects to recognize a non-cash write-down of the goodwill and assets in the consolidated financial results in Q4 March 2015 of approximately Rs 5000 crore, mainly relating to the Long Products UK business in Tata Steel Europe which will now be fully impaired. The impairment also includes a write down of investments in overseas raw materials projects in Mozambique, Ivory Coast and Taconite project in Canada because the economic viability of these projects remains uncertain at the current level of commodity prices. Additionally, the company undertook a non cash impairment charge of Rs 1577 crore in Q1 June 2014 towards its investment in the Mozambique Coal Project. The total impairment charge for the year ended 31 March 2015 (FY 2015) would be around Rs 6500 crore in the consolidated financial results. The details of the impairments will be included in the audited financial results on 20 May 2015. The company's liquidity position or financial covenants are unaffected by the above non-cash write down, Tata Steel said.
Hindalco Industries fell 1.44%. The company's overseas subsidiary Novelis reported weak earnings in Q4 March 2015 on 12 May 2015. Novelis on 12 May 2015, reported 46.30% decline in net income to $29 million on 12% increase in net sales to $2.8 billion in Q4 March 2015 over Q4 March 2014.
Adjusted EBITDA (earnings before interest, taxes, depreciation and amortization) for the fourth quarter of fiscal 2015 was $201 million compared to the $250 million reported for the same period a year ago. While automotive shipments ramped up as expected, the positive benefits from product mix shift were more than offset by unfavorable foreign exchange, falling local market metal premiums in the fourth quarter of fiscal 2015 compared to rising premiums in the fourth quarter of fiscal 2014, and an unexpected North American hot mill outage early in the fourth quarter of fiscal 2015.
Auto stocks were in demand. Maruti Suzuki India (up 1.77%), Mahindra & Mahindra (M&M) (up 5.25%), Bajaj Auto (up 2.28%), Hero MotoCorp (up 9.57%) gained. Tata Motors declined 0.27%.
GAIL (India) rose 2.67%. GAIL (India) announced after market hours on Wednesday, 13 May 2015, that the company and Indian Oil Corporation have signed a Memorandum of Understanding (MoU) with Dhamra LNG Terminal (DLTPL), a company owned by Adani Enterprises. DLTPL's project shall be an onshore LNG regasification terminal having initial capacity of 5 million tonnes per annum (MTPA), at Dhamra Port in Bhadrak district of Odisha. Dhamra is an all-weather deep water port.
As per the terms of MoU, Indian Oil Corporation and GAIL (India) would reserve regasification capacity in the terminal to supply regasified LNG in the emerging gas markets in the eastern part of the country. Indian Oil Corporation and GAIL (India) would also have the option to hold equity in DLTPL at a later date.
Dr Reddy's Laboratories gained 4.25%. The company's consolidated net profit rose 7.73% to Rs 518.84 crore on 10.83% growth in total income to Rs 3882.97 crore in Q4 March 2015 over Q4 March 2014. The Q4 result was announced during market hours on Tuesday, 12 May 2015.
Cipla rose 4.64%.
Sun Pharmaceutical Industries rose 1.16%. With respect to media reports titled "Ranbaxy accused of gaming FDA rules to thwart rivals", Sun Pharmaceutical Industries in its clarification issued during market hours on Friday, 15 May 2015, said that Meijer, Inc. filed a purported class action complaint on 12 May 2015 against the company and its certain subsidiaries, alleging antitrust and RICO Act violations in connection with Ranbaxy securing market exclusivity as part of the FDA's approval for certain products. The company is reviewing the complaint and has no comments at this time, Sun Pharmaceutical Industries said.
Ranbaxy Laboratories was merged with Sun Pharmaceutical Industries recently.
Hindustan Unilever dropped 5.53%. The stock was the biggest loser from the Sensex pack.
On the macro front, data released by government after market hours on Tuesday, 12 May 2015 showed that industrial output growth touched a five-month low of 2.1% in March from a revised 4.9% in February on the back of an across-the-board slowdown in production. Consumer price index-based retail inflation eased to a four-month low of 4.87% in April from a revised 5.25% in March as prices of food items, vegetables and fruits turned cheaper. The CPI data was also out on 12 May 2015.
Inflation based on the wholesale price index (WPI) remained in negative zone last month. WPI inflation stood at negative 2.65% in April 2015, data released by the government on Thursday, 14 May 2015, showed. WPI inflation was minus 2.33% in March 2015. Build up of inflation in the financial year so far was minus 0.06%, compared to a build up rate of 0.28% in the corresponding period of the previous year.
Meanwhile, WPI inflation for February 2015 was revised downwards to negative 2.17% from negative 2.06% reported earlier.
Meanwhile, Prime Minister Narendra Modi on Friday, 15 May 2015, said that India and China have signed over 20 agreements, covering diverse areas of cooperation. Modi is currently on a three-day visit to China. According to a joint statement issued by India and China, the two nations have agreed to take necessary measures to remove impediments to bilateral trade and investment, facilitate greater market access to each other's economies and support local governments of the two countries to strengthen trade and investment exchanges, with a view to optimally exploiting the present and potential complementarities in identified sectors in the Five Year Trade and Economic Development Plan signed in September 2014, including Indian pharmaceuticals, Indian IT services, tourism, textiles and agro-products.
The two sides resolved to take joint measures to alleviate the skewed bilateral trade so as to realize its sustainability. Such measures will include cooperation on pharmaceutical supervision including registration, speedier phytosanitary negotiations on agro-products for two-way trade, stronger links between Indian IT companies and Chinese enterprises, and increasing services trade in tourism, films, healthcare, IT and logistics. The leaders of the two countries welcomed the decision to expedite discussion and endeavour to favourably address, in the spirit of mutual cooperation and reciprocity, the issues pertaining to tariff reduction in respect of relevant Indian products under the framework of Asia-Pacific Trade Agreement.
The two sides recognized that enhancing border areas cooperation through border trade, pilgrimage by people of the two countries and other exchanges can effectively promote mutual trust and agreed to further broaden this cooperation so as to transform the border into a bridge of cooperation and exchanges. The two sides agreed to hold negotiation on augmenting the list of traded commodities, and expand border trade at Nathu La, Qiangla/Lipu-Lekh Pass and Shipki La.

Friday, May 15, 2015

NIFTY INTRADAY VIEW ( 15 / 05 )

NIFTY INTRADAY LEVELNIFTY PROBABLE HIGHNIFTY PROBABLE LOW
R48333BULL83258067
R38287UP BREAKOUT82608131
R28271UP CAUTIONLEVEL FOR LONGLEVEL FOR SHORT
R18260SELL82738114
PIVOT8199 LAST DAYCONFUSION TREND
S18189BUYOPEN8232
S28178DOWN CAUTIONHIGH8236.0
S38161DOWN BREAK OUTLOW8137.0
S48116BEARCLOSE8224.2
NIFTY MONTHLY LEVELNIFTY DAILY VOLATALITY1.22%
R26082LONGNIFTY WEEKLY VOLATALITY3.0%
R15976SHORT EXITNIFTY WEEKLY HIGH8333.0
S15765LONG EXITNIFTY WEEKLY LOW8090.0
S25659SHORTNIFTY DAY MEAN8211.5

BANK NIFTY INTRADAY VIEW ( 15 / 05 )

BANKNIFTY INTRADAY LEVEL BANKNIFTY PROBABLE HIGHBANKNIFTY PROBABLE LOW
R418492BULL 1838317512
R318330UP BREAKOUT 1816517730
R218271UP CAUTION LEVEL FOR LONGLEVEL FOR SHORT
R118232SELL 1815917685
PIVOT18026  LAST DAYVERY STRONG BULL
S118001BUY OPEN18071
S217962DOWN CAUTION HIGH18157.0
S317903DOWN BREAK OUT LOW17806.0
S417741BEAR CLOSE18116.2

BANKNIFTY


The Banking Sector Index

 BANKNIFTY DAILY VOLATALITY1.97%
 BANKNIFTY WEEKLY VOLATALITY3.65%
 BANKNIFTY WEEKLY HIGH18241.0
 BANKNIFTY WEEKLY LOW17598.0
 BANKNIFTY DAY MEAN17919.5

Wednesday, May 13, 2015

Swing update (12-5-2015)

DAILY  SWING UPDATE FOR NIFTY----


Ø  Last swing high is at 8333(LH) and last swing low is at 7997(LL)...

Ø  Nifty is in down move with targets of 8120, 8080, 8040.

Ø  Termination level is at 8333.

SPECIAL NOTES----     
·        New Lower Swing High of 8333 formed today.




DAILY  SWING UPDATE FOR BANK NIFTY----

Ø  Last swing high is at 18241(LH) and last swing low is at 17247(LL)...

Ø  Bank Nifty is in down move with targets of 17600, 17400, 17200.

Ø  Termination level is at 18241.

SPECIAL NOTES----     
·        New Lower Swing High of 18241 formed today.




SOURCES : DR. JCSHAH

STOCK ALERT ( 13 / 05 )

Lupin in focus ahead of Q4 earnings
Among key corporate earnings, Lupin, Adani Enterprises and Emami are scheduled to announce their quarter ended 31 March 2015 results today, 13 May 2015.
Credit Analysis and Research's (CARE) net profit fell 15.03% to Rs 35.09 crore on 3% decline in total income to Rs 81.04 crore in Q4 March 2015 over Q4 March 2014. The result was announced after market hours yesterday, 12 May 2015.
Meanwhile, CARE announced after market hours yesterday, 12 May 2015, that Mauritian regulator, Financial Services Commission (FSC) vide its letter dated 7 May 2015 accorded its approval for a Credit Rating Agency licence under Section 14 of the Financial Services Act, 2007 to CARE Ratings (Africa), a subsidiary of the company in Mauritius.
Torrent Power's consolidated net profit rose 2.34% to Rs 181.61 crore on 20.13% growth in total income to Rs 2742.72 crore in Q4 March 2015 over Q4 March 2014. The result was announced after market hours yesterday, 12 May 2015.
Jubilant Life Sciences' consolidated net profit fell 56.75% to Rs 42.73 crore on 1.59% decline in total income to Rs 1542.37 crore in Q4 March 2015 over Q4 March 2014. The result was announced after market hours yesterday, 12 May 2015.
In Q4 March 2015, income from operations of the pharmaceuticals segment was at Rs 763 crore, contributing 50% to the revenue mix. The segment earnings before interest, tax, depreciation and amortisation (EBITDA) stood at Rs 200 crore, with EBITDA margins at 26.2%.
In Q4 March 2015, income from operations of the Life Science Ingredients segment stood at Rs 774 crore, contributing 50% to the revenue mix. The segment EBITDA stood at Rs 66 Crore, with EBITDA margins at 8.5%.
In Q4 March 2015, revenues from North America stood at Rs 621 crore, contributing 40% to the overall revenues. Revenues from Europe and Japan stood at Rs 284 crore, contributing 19% to the revenue mix. Domestic revenues grew 5% YoY and stood at Rs 422 crore, thus contributing 27% to the overall mix. Revenues in rest of world including China was at Rs 209 crore, thus contributing 14% to the overall mix.
In its outlook for year ended 31 March 2016 (FY 2016), company said revenue growth is expected to be driven by Pharmaceuticals segment primarily led by improved performance in Radiopharmaceuticals, normalization of its CMO business operations and growth in generics business through new product and new market launches. Life Science Ingredients segment is expected to deliver better results due to improved operational efficiency and growth in Nutritional Products and Fine Ingredients businesses.
Commenting on the company's performance, Mr. Shyam S Bhartia, Chairman and Mr. Hari S Bhartia, Co-Chairman & Managing Director, Jubilant Life Sciences said: “Sustained strong performance in Radiopharmaceuticals business and normalisation of CMO operations supported revenue growth in the pharmaceuticals segment. In Life Science Ingredients, Nutritional Products and Fine Ingredients recorded healthy growth. Going forward, the company expect the Pharmaceuticals segment to drive revenue growth with improvement in profitability in key businesses across both segments. The company also expect the management consolidation to drive the businesses in a focussed manner to improve the operating performance. The company will also continue its endeavours to strengthen the balance sheet.”
Jubilant Life Sciences announced after market hours yesterday, 12 May 2015, that the board of directors of the company at its meeting held on 12 May 2015, has recommended a dividend of Rs 3 per share for the year ended 31 March 2015 (FY 2015).
L&T will be watched. With respect to news article titled "L&T, Hyundai Heavy Ink Pact to Build LNG Carriers", L&T clarified after market hours yesterday, 12 May 2015, that at this stage L&T and Hyundai Heavy Industries have only signed a Memorandum of Understanding to enable participation in expected GAIL tender for LNG carrier. This is in anticipation of a possible retendering by GAIL to invite bids from potential ship owners for chartering of LNG carriers.
Sobha's consolidated net profit fell 12.39% to Rs 61.50 crore on 19.24% decline in total income to Rs 509.30 crore in Q4 March 2015 over Q4 March 2014. The result was announced after market hours yesterday, 12 May 2015.
Commenting on outlook for year ended 31 March 2016 (FY 2016), Mr, J.C. Sharma, Vice Chairman and Managing Director, Sobha said that considering the present macro-economic environment and industry absorption levels, the company is targeting to sell 4 million square feet of new area valued at Rs 2600 crore during FY 2016.
Sobha announced after market hours yesterday, 12 May 2015, that the board of directors of the company at its meeting held on 12 May 2015 inter alia, have recommended dividend of Rs 7 per equity share for the year ended 31 March 2015 (FY 2015).
Ashok Leyland's net profit fell 36.71% to Rs 229.97 crore on 46.6% rise in total income to Rs 4542.95 crore in Q4 March 2015 over Q4 March 2014. The result was announced after market hours yesterday, 12 May 2015.

Tuesday, May 12, 2015

NIFTY INTRADAY VIEW ( 13 / 05 )

NIFTY INTRADAY LEVELNIFTY PROBABLE HIGHNIFTY PROBABLE LOW
R48347BULL84028027
R38251UP BREAKOUT83088121
R28216UP CAUTIONLEVEL FOR LONGLEVEL FOR SHORT
R18193SELL82958154
PIVOT8190 LAST DAYVERY STRONG BEAR
S18061BUYOPEN8326
S28038DOWN CAUTIONHIGH8327.0
S38003DOWN BREAK OUTLOW8115.0
S47907BEARCLOSE8126.95
NIFTY MONTHLY LEVELNIFTY DAILY VOLATALITY2.61%
R26082LONGNIFTY WEEKLY VOLATALITY4.2%
R15976SHORT EXITNIFTY WEEKLY HIGH8333.0
S15765LONG EXITNIFTY WEEKLY LOW7997.0
S25659SHORTNIFTY DAY MEAN8165

NIFTY INTRADAY VIEW ( 11 / 05 )

NIFTY INTRADAY LEVELNIFTY PROBABLE HIGHNIFTY PROBABLE LOW
R48477BULL85267968
R38412UP BREAKOUT84158080
R28388UP CAUTIONLEVEL FOR LONGLEVEL FOR SHORT
R18373SELL82278115
PIVOT8283 LAST DAYSTRONG BULL LOW VOLATALITY
S18278BUYOPEN8243
S28262DOWN CAUTIONHIGH8333.0
S38239DOWN BREAK OUTLOW8225.0
S48174BEARCLOSE8325.25
NIFTY MONTHLY LEVELNIFTY DAILY VOLATALITY1.31%
R26082LONGNIFTY WEEKLY VOLATALITY4.49%
R15976SHORT EXITNIFTY WEEKLY HIGH8356.0
S15765LONG EXITNIFTY WEEKLY LOW7997.0
S25659SHORTNIFTY DAY MEAN8176.5

Monday, May 11, 2015

STOCK ALERT ( 11 / 05 )

Canara Bank in focus after cutting base rate
Canara Bank at the fag end of trading hours on Friday, 8 May 2015 said that it has reduced the base rate by 20 basis points (bps) from 10.2% to 10% for loans/advances with effect from 11 May 2015.
Syndicate Bank's net profit rose 1.86% to Rs 416.92 crore on 23.17% growth in total income to Rs 6599.13 crore in Q4 March 2015 over Q4 March 2014. The result was announced on Saturday, 9 May 2015.
Procter & Gamble Hygiene and Health Care's net profit rose 7.59% to Rs 86.89 crore on 10.91% growth in total income to Rs 572.94 crore in Q3 March 2015 over Q3 March 2014. The result was announced on Saturday, 9 May 2015.
GlaxoSmithkline Consumer Healthcare's (GSK Consumer Healthcare) net profit rose 14.6% to Rs 196.78 crore on 9.17% growth in total income to Rs 1275.02 crore in the quarter ended 31 March 2015 over the quarter ended 31 March 2014. The result was announced on Saturday, 9 May 2015.
As in the previous accounting period, the company's financial year comprised the period of fifteen months from 1 January 2013 to 31 March 2014, whereas the results of the year ended 31 March 2015 represents twelve months results for the current year and are therefore not comparable, GSK Consumer Healthcare said.
Kansai Nerolac Paints' net profit rose 34.6% to Rs 60.37 crore on 7.68% growth in total income from operations (net) to Rs 807.84 crore in Q4 March 2015 over Q4 March 2014. The result was announced after market hours on Friday, 8 May 2015.
Adani Enterprises before market hours today, 11 May 2015 said that the High Court of Gujarat on 7 May 2015, considered and approved the composite scheme of arrangement between Adani Enterprises and Adani Ports and Special Economic Zone and Adani Power and Adani Transmission and Adani Mining and their respective shareholders and creditors.
Hindustan Zinc will be watched. With regard to news item titled "Hindustan Zinc plans Rs 8000 cr expansion", the company after market hours on Friday, 8 May 2015 said that an MoU in this regards has been signed by CEO & WTD, Hindustan Zinc with Government of Rajasthan, during the Rajasthan Resurgent submit held in Mumbai on 5 May and 6 May 2015. The proposed investment mentioned primarily pertains to on-going investment in Hindustan Zinc's mining expansion that were announced in April 2013 and is ongoing, Hindustan Zinc said.
Among key corporate earnings, Adani Power, Bank of Baroda and Havells India are scheduled to announce their quarter ended 31 March 2015 earnings today, 11 May 2015.