Weekly Equity Recommendation

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Weekly Newsletter-Equity 31 - Dec - 2012 EQUITY ANALYSIS - WEEKL Y

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Nifty and Sensex were closed green; gained 1.04%, 1.05% resp. this week. New Home Sales 377K and US Unemployment Claims at 350K. US & Euro markets were mixed; Asian markets too were also mixed last week.

Transcript of Weekly Equity Recommendation

Page 1: Weekly Equity Recommendation

Weekly Newsletter-Equity

31-Dec-2012

EQUITY ANALYSIS - WEEKLY

Page 2: Weekly Equity Recommendation

Weekly Newsletter

Contents

Market Wrap

Market Performance

NSE Gainers

NSE Losers

Volume Toppers

World Indices

Indian Equity Market

Technical Analysis

Nifty Spot

Bank Nifty Future

Page 3: Weekly Equity Recommendation

MARKET WRAP

Nifty and Sensex were closed green; gained 1.04%, 1.05% resp. this week.

New Home Sales 377K and US Unemployment Claims at 350K.

US & Euro markets were mixed; Asian markets too were also mixed last week.

Indian markets ended gained on Friday; on this week the Sensex and Nifty were green,

Marginally up around by 1.00 % each. Major sectors which were up like Realty, Oil &

Gas. Top gainers were HDIL (up 2.8%) Unitech (up 2.8%), Cairn India (up 2.6%).HPCL

(up 5.1%).GSPL (up 4.6%) Technically Nifty may expected to drop from this point or a

short term range bound movement this week; Nifty this week may range 6150-5690.

Risks to India's macro-economic stability have increased on the back of an economic

slowdown, high inflation, and ballooning fiscal and current account deficits. The current

account deficit also remains a concern as Asia's third largest economy has seen exports

fall due to weak demand in key markets like the US & Europe, while imports of gold &

oil have remained high. The National Development Council (NDC) met in Delhi on

Thursday where the draft of the 12th Five-Year Plan was tabled.

The S&P 500 has Negative this week’s on Thursday longest losing streak in three

months as the federal government edged closer to the "fiscal cliff" with no solution in

sight. The major indices showed this week a consolidate trend, with the Dow jones

down nearly by 1.62 percent, and the Nasdaq Composite Index gained 64.48 pts or

2.11 percent to end at 2985.91.The Petroleum Planning and Analysis Cell (PPAC)

under the Ministry of Petroleum and Natural Gas increased at US$ 108.71/barrel on

this was higher than the price of US$ 106.66/bbl prevailing on the previous trading day.

Page 4: Weekly Equity Recommendation

MARKET PERFORMANCE

NSE GAINERS

COMPANY NAME CURRENT PREV. CLOSE(RS) CANG.(RS) CHAG.(%)

Timbor Home 48.05 37.10 10.95 29.51

Vaswani Industries 5.45 4.25 1.20 28.24

Manaksia 57.20 44.75 12.45 27.82

Sagar Cements 275.40 218.25 57.15 26.19

Aftek 9.05 7.45 1.60 21.48

NSE LOSERS

COMPANY NAME CURRENT PREV. CLOSE(RS) CANG.(RS) CHAG.(%)

Birla Cotsyn (India) 0.15 0.20 -0.05 -25.00

Geodesic 23.20 30.40 -7.20 -23.68

Alps Inds 2.00 2.50 -0.50 -20.00

JIK Industries 2.60 3.15 -0.55 -17.46

Polar Industries 5.15 6.20 -1.05 -16.94

VOLUME TOPPERS

COMPANY NAME CURRENT PREV. CLOSE(RS) CHAG.(%) Volume in

(‘000s)

Suzlon Energy 19.35 17.95 7.80 99747.92

Bharti Infratel 191.65 - - 35350.85

Unitech 33.60 33.70 -0.30 23360.07

NHPC 25.60 25.60 0.00 22671.81

S Kumars Nation. 12.65 13.75 -8.00 14431.35

Page 5: Weekly Equity Recommendation

SECTORIAL INDICES

Indices Country Date Index Net Change Change (%)

Hang Seng Hong Kong 31-Dec-2012 22619.78 -40.00 -0.18

Jakarta Composite

Indonesia 31-Dec-2012 4281.86 27.04 0.64

Nikkei 225 Japan 31-Dec-2012 10322.98 283.65 2.83

KLSE Composite

Malaysia 31-Dec-2012 1674.16 15.31 0.92

Seoul Composite

South Korea 31-Dec-2012 1987.35 11.26 0.57

Strait Times Singapore 31-Dec-2012 3191.80 28.24 0.89

FTSE 100 United

Kingdom 31-Dec-2012 5954.30 -4.00 -0.07

Nasdaq United States

31-Dec-2012 2985.91 -64.48 -2.11

DJIA United States

31-Dec-2012 13096.31 -215.41 -1.62

S&P 500 United States

31-Dec-2012 1418.10 -25.59 -1.77

INDIAN EQUITY MARKET

INDICES VALUE CHANGE % CHANGE

NIFTY 5908.35 60.65 1.04

BANK NIFTY 12570.00 222.65 1.80

SENSEX 19444.84 202.84 1.05

Page 6: Weekly Equity Recommendation

TECHNICAL VIEW

NIFTY

WEEKLY PIVOT

INDICES R4 R3 R2 R1 P S1 S2 S3 S4

NIFTY 6153 6067 5981 5945 5895 5858 5809 5722 5636

OUTLOOK

Trend: -Consolidate

Resistance: - 6050, 6150

Support: -5800, 5690

Strategy: - Buy On Dips

NIFTY WEEKLY

Page 7: Weekly Equity Recommendation

BANK NIFTY

WEEKLY PIVOT

SCRIPT R4 R3 R2 R1 P S1 S2 S3 S4

BANK NIFTY 13440 13122 12804 12687 12486 12369 12168 11850 11532

OUTLOOK

Trend:- Consolidate

Resistance: - 12900, 13320

Support: - 12180, 11800

Strategy: - Buy On Dips

BANK NIFTY WEEKLY

Page 8: Weekly Equity Recommendation

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