Thursday, September 18, 2014

NIFTY INTRADAY VIEW ( 19 / 09 )

NIFTY INTRADAY LEVELNIFTY PROBABLE HIGHNIFTY PROBABLE LOW
R48308BULL82217865
R38224UP BREAKOUT81507937
R28194UP CAUTIONLEVEL FOR LONGLEVEL FOR SHORT
R18174SELL80527934
PIVOT8058 LAST DAYVERY STRONG BULL
S18056BUYOPEN7951
S28036DOWN CAUTIONHIGH8121.0
S38006DOWN BREAK OUTLOW7940.0
S47922BEARCLOSE8114.75
NIFTY MONTHLY LEVELNIFTY DAILY VOLATALITY2.28%
R26082LONGNIFTY WEEKLY VOLATALITY2.47%
R15976SHORT EXITNIFTY WEEKLY HIGH8121.0
S15765LONG EXITNIFTY WEEKLY LOW7925.0
S25659SHORTNIFTY DAY MEAN8023



Open Price7950.65
High Price8120.85
Low Price7939.7
Close Price8114.75
Absolute Change139.25
Percentage Change1.75%
Weekly Change0.359%
Monthly Change3.04%
Yearly Change38.7%
52-week high8180.2
52-week low5700.95

Futures - NSE


Expiry DateClose PriceOpen InterestNumber of TradesNo of ContractsUnderlying Closing Price
September 25, 20148136.713589200.0129228.0318157.08114.75
October 30, 20148182.852420850.017104.033017.08114.75
November 27, 20148228.85252900.01767.02937.08114.75

BANK NIFTY INTRADAY VIEW ( 19 / 09 )

BANKNIFTY INTRADAY LEVEL BANKNIFTY PROBABLE HIGHBANKNIFTY PROBABLE LOW
R416586BULL 1647315596
R316399UP BREAKOUT 1629715771
R216331UP CAUTION LEVEL FOR LONGLEVEL FOR SHORT
R116286SELL 1609415795
PIVOT16034  LAST DAYVERY STRONG BULL
S116028BUY OPEN15779
S215983DOWN CAUTION HIGH16174.0
S315915DOWN BREAK OUT LOW15771.0
S415728BEAR CLOSE16156.85

BANKNIFTY


The Banking Sector Index

 BANKNIFTY DAILY VOLATALITY2.56%
 BANKNIFTY WEEKLY VOLATALITY3.22%
 BANKNIFTY WEEKLY HIGH16279.0
 BANKNIFTY WEEKLY LOW15771.0
 BANKNIFTY DAY MEAN16025


Open Price15778.75
High Price16173.8
Low Price15770.8
Close Price16156.85
Absolute Change318.25
Percentage Change2.01%
Weekly Change-0.292%
Monthly Change4.36%
Yearly Change59%
52-week high16309.7
52-week low9582.75


Futures - NSE


Expiry DateClose PriceOpen InterestNumber of TradesNo of ContractsUnderlying Closing Price
September 25, 201416207.951622125.065064.0127916.016156.85
October 30, 201416321.25251050.06521.012399.016156.85
November 27, 201416404.7513125.0285.0409.016156.85

LARSEN & TOUBRO INTRADAY VIEW ( 19 / 09 )

INTRADAYPROBABLE HIGHPROBABLE LOW
R41650.8BULL16171482
R31617.5UP BREAKOUT15901509
R21605.4UP CAUTIONLEVEL FOR LONGLEVEL FOR SHORT
R11597.4SELL15611507
PIVOT1555.9 5 DAY HIGH1606.6
S11551.1BUY5 DAY LOW1500.2
S21543.1DOWN CAUTIONAVG VOLUME1301754
S31531.1DOWN BREAK OUTLAST DAYStrong bull
S41497.9BEARHIGH1582
TRADING POSTIONBULLLOW1511.6

SBI INTRADAY VIEW ( 19 / 09 )

INTRADAYPROBABLE HIGHPROBABLE LOW
R42712.3BULL26742521
R32673UP BREAKOUT26432551
R22658.7UP CAUTIONLEVEL FOR LONGLEVEL FOR SHORT
R12649.3SELL26202544
PIVOT2597.5 5 DAY HIGH2644
S12591.6BUY5 DAY LOW2536.95
S22582.2DOWN CAUTIONAVG VOLUME1653309
S32568DOWN BREAK OUTLAST DAYStrong Bull
S42528.8BEARHIGH2628
TRADING POSTIONBULLLOW2544

MARKET OUTLOOK ( 18 / 09 )

AFTER FALLING FOR SOME DAYS, NIFTY TOOK A PAUSE ON WEDNESDAY AND THE PAUSE IS LIKELY TO BE SHORT LIVED TO RESUME THE DOWN SIDE CORRECTION  IN A DAY OR TWO. FOR THURSDAY’S TRADING THE LEVEL OF 7988 IS GOING TO BE CRITICAL, SUSTAINING BELOW WHICH TO CLOSE A 30 MINUTE CANDLE OR EVEN A 15 MINUTE CANDLE CAN SEE NIFTY FUTURES SLIDING TOWARDS THE CRITICAL 7970 TO 7962 FUTURE ZONE. A BREACH OF THIS ZONE CAN HANDOVER A FREE LICENSE TO THE TRADERS TO CLOSE THE EYES AND TRADE SHORT FOR QUICK INTRADAY GAINS.

ON THE HIGHER SIDE EVEN AFTER MANAGING TO SUSTAIN ABOVE 7989 FUTURE LEVELS IT MAY BE VERY TOUGH FOR NIFTY FUTURES TO MOVE UP AND BREACH WEDNESDAY’S HIGHS OF 8013. IN CASE NIFTY FUTURE SUSTAINS ABOVE 8013 TO 8022 FUTURE ZONE THEN ONE MAY NOTICE THE EMERGENCE OF MASSIVE SHORT COVERING TO CATAPULT  NIFTY FUTURES TOWARDS 8045 TO 8050 LEVELS. TRADERS & INVESTORS MUST KEEP IN MIND THAT THE PRESENT PAUSE OR SNAIL LED CORRECTION IS JUST THE RETRACEMENT TO THE 650 POINT QUICK RISE NIFTY HAD FROM 8TH AUGUST LOWS TILL  8TH SEPTEMBER HIGHS. AFTER THE CORRECTION IS OVER ONE SHOULD BE REASONABLY SURE TO SEE MONSTROUS UP MOVE AGAIN TOWARDS 10000 NIFTY LEVELS AS CAN BE SEEN IN THE CHART ABOVE. SO LONG TERM INVESTORS MAY QUIETLY ACCUMULATE THEIR FAVORITE STOCKS GRADUALLY ON EVERY DECLINE

Wednesday, September 17, 2014

STOCK ALERT ( 17 / 09 )

NTPC in spotlight after signing MoU with AP Govt
NTPC after market hours on Tuesday, 16 September 2014 said that the company has signed a MoU with Government of Andhra Pradesh (GoAP) to develop 1000 megawatt (MW) Solar Power Project(s) at suitable sites identified by GoAP in a phased manner. The projects will be implemented on Build-Own-Operate basis in the State of Andhra Pradesh, NTPC said.
Apollo Tyres said that Apollo Tyres Africa Proprietary, a wholly-owned step subsidiary of the company in South Africa has voluntarily initiated business rescue proceedings and has appointed a specialist to re-structure its operations and to secure best value for all stakeholders. The evaluation by such specialist will decide the future course of action for the company in South Africa.
IDFC said that the Capital raise committee of directors of the company has approved the allotment of 7.30 crore equity shares at Rs 137 per share, aggregating to Rs 1000.10 crore, to qualified institutional buyers.
Wockhardt said that its board approved a scheme of Amalgamation of Wockhardt Biopharm (WBL) and Vinton Healthcare (VHL). Further, as mentioned above, since WBL & VHL are wholly owned subsidiaries of the company, no shares are proposed to be issued pursuant to the amalgamation.
Aurobindo Pharma after market hours on Tuesday, 16 September 2014 said that the company has received final approval from the US Food & Drug Administration (USFDA) to manufacture and market Amoxicillin for Oral Suspension USP 125mg/5mL and 250mg/5mL. Amoxicillin for Oral Suspension is the generic equivalent to the reference listed drug product (RLD), Amoxicillin for Oral Suspension, of Teva Pharmaceutical Industries and indicated in the treatment of infections due to susceptible aetalactamase-negative strains of the designated microorganisms. The product has a market size of approximately $19 million for the twelve months ending July 2014 according to IMS. This ANDAs has been approved out of Unit XII, Semi-Synthetic Penicillin (SSP) formulation facility in Hyderabad, India, Aurobindo Pharma said.
Wockhardt after market hours on Tuesday, 16 September 2014 said that the board of directors of the company at its meeting held on Monday, 15 September 2014, approved a scheme of Amalgamation for amalgamation/merger of two wholly owned subsidiaries Wockhardt Biopharm (WBL) and Vinton Healthcare (VHL) with the company. Since WBL & VHL are wholly owned subsidiaries of the company, no shares are proposed to be issued pursuant to the amalgamation, Wockhardt said. This scheme is subject to requisite approvals, including under Listing Agreement and by the Hon'ble High Courts, the company added.
Maruti Suzuki India after market hours on Tuesday, 16 September 2014 said that the company's Manesar facility has crossed the 25 lakh production milestone this month. A Swift Zxi was the 25th lakh vehicle that was rolled out from the Manesar B Line, the company said in a statement. The company's twin facilities at Gurgaon and Manesar have together rolled out over 1.4 crore vehicles cumulatively, it added.
"The Manesar facility achieved the 25 lakh production milestone in seven years and eight months. This milestone would be the fastest for any car manufacturing plant in the country," Rajiv Gandhi, Executive Director (Plants, Maruti Suzuki India, said.
JSW Steel will be watched. With reference to various news reports indicating that JSW Steel is close to buying assets/mills/plant of Italy's Lucchini, JSW Steel after market hours on Tuesday, 16 September 2014, clarified that in line with the company's long term strategy to acquire finishing mills near to the market, it has submitted binding bid for take over of rolling mills of the Piombini Plant of Lucchini in Italy subject to certain terms and conditions. The company is yet to get the response on this bid, JSW Steel said.
Piramal Enterprises will be watched. With reference to a report indicating that DiaSys to buy Piramal's diagnostic business, Piramal Enterprises after market hours on Tuesday, 16 September 2014 clarified that the company has signed an agreement for sale of its Lab Diagnostics & Point of Care Business to Diasys Diagnostics India, for a consideration of Rs 13 crore. In addition, the company would be transferring related technology for a consideration of Rs 0.30 crore. This business is a trading business, comprising buying and selling of diagnostic equipments, serving large pathological laboratories, Piramal Enterprises said further informing that it does not form part of the core manufacturing activity of the company, nor does it involve any material patented products. It comprises a small portion (about 1%) of the company's consolidated business, Piramal Enterprises said.

Tuesday, September 16, 2014

NIFTY INTRADAY VIEW ( 17 / 09 )

EVERY INTRADAY RISE  SHOULD BE RUTHLESSLY SHORTED AS LONG AS NIFTY FUTURE STAYS BELOW 7989 TO 7999 FUTURE ZONE ABOVE WHICH REVERSE FOR GOING LONGS.  A FALL TO STAY BELOW 7922 FUTURE LEVELS ALSO BE BRUTALLY SHORTED BY INTRADAY TRADERS FOR VERY GOOD INTRADAY GAINS.
NIFTY INTRADAY LEVELNIFTY PROBABLE HIGHNIFTY PROBABLE LOW
R48061BULL81537837
R38006UP BREAKOUT80907900
R27987UP CAUTIONLEVEL FOR LONGLEVEL FOR SHORT
R17974SELL80798009
PIVOT7968LAST DAYVERY STRONG BEAR
S17892BUYOPEN8037
S27879DOWN CAUTIONHIGH8045.0
S37860DOWN BREAK OUTLOW7925.0
S47805BEARCLOSE7932.9
NIFTY MONTHLY LEVELNIFTY DAILY VOLATALITY1.51%
R26082LONGNIFTY WEEKLY VOLATALITY2.66%
R15976SHORT EXITNIFTY WEEKLY HIGH8136.0
S15765LONG EXITNIFTY WEEKLY LOW7925.0
S25659SHORTNIFTY DAY MEAN8030.5





Open Price8036.6
High Price8044.9
Low Price7925.15
Close Price7932.9
Absolute Change-109.1
Percentage Change-1.36%
Weekly Change-2.7%
Monthly Change0.745%
Yearly Change34.5%
52-week high8180.2
52-week low5700.95


Futures - NSE



Expiry DateClose PriceOpen InterestNumber of TradesNo of ContractsUnderlying Closing Price
September 25, 20147960.8512918800.0100530.0242034.07932.9
October 30, 20148006.71482100.011841.017256.07932.9
November 27, 20148053.2221650.01752.03467.07932.9

LARSEN & TOUBRO INTRADAY VIEW ( 17 / 09 )

INTRADAYPROBABLE HIGHPROBABLE LOW
R41579.5BULL16081467
R31551.9UP BREAKOUT15801496
R21541.9UP CAUTIONLEVEL FOR LONGLEVEL FOR SHORT
R11535.3SELL15831546
PIVOT1530.7 5 DAY HIGH1609
S11496.1BUY5 DAY LOW1508.05
S21489.5DOWN CAUTIONAVG VOLUME1165759
S31479.5DOWN BREAK OUTLAST DAYStrong bear
S41452.1BEARHIGH1568.4
TRADING POSTIONBEARLOW1508.05