Weekly Newsletter-Equity

19-Nov-2012

EQUITY ANALYSIS - WEEKLY

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

MARKET WRAP
Nifty and Sensex were closed red; lost 1.97%, 2.00% respectively this week. Retail Sales m/m was at -0.30%.and US Unemployment Claims at 439K. US & Euro markets were red; Asian markets too were also red last week.

Indian

markets

ended

with

red

on

Friday,

shows

continuing

decline

in all sectors, major sectors like Banks, Pharma, Cement & finance closed red. Top losers in Market were Tata motors (-5.56%), ultratech cement (-5.36%), Tata Steel (-5.24%), Ambuja Cement (-5.19%), Grasim Industries (-5.42%), Ranbaxy Labs (3.90%). and ITC (-3.2%). Technically Nifty may expected to drop from this point or a short term range bound movement this week; Nifty this week may range 5300-5740.

Growth rates have slowed down everywhere. Our exports have shrunk and the fiscal
deficit has gone up on account of a variety of factors. Growth decelerated to 6.5 per cent last year and may be only around 6 per cent in the current year. As per usebased classification there have been negative growths in capital goods (-12.2%) and consumer durables (-1.7%) whereas positive growths have been achieved in basic goods (3.5%), intermediate goods (1.8%) and consumer non-durables (1.1%).

The S&P 500 has weakened this weeks on Thursday as bearish. The major indices
declined sharply for this week showing a bearish trend, with the Dow jones down nearly by 3.02 percent. The Oil marketing companies have reduced the price of petrol by 95 paisa per litre with effect from midnight. Reports stated that Petrol prices were last revised on October 27 when they were raised by 29 paisa (to Rs. 68.19 per litre in Delhi) after the government increased the commission paid to petrol pump dealers.

MARKET PERFORMANCE
NSE GAINERS
COMPANY NAME MPS Duncans Inds Sujana Metal Money Matters Fin Pritish Nandy Com. CURRENT 101.40 12.00 4.60 137.80 16.00 PREV. CLOSE(RS) 63.10 9.00 3.45 103.65 12.10 CANG.(RS) 38.30 3.00 1.15 34.15 3.90 CHAG.(%) 60.70 33.33 33.33 32.95 32.23

NSE LOSERS
COMPANY NAME Parabolic Drugs Varun Industries Zylog Systems Glodyne Techn. Hotel Rugby CURRENT 12.10 21.85 72.20 44.35 34.30 PREV. CLOSE(RS) 19.30 26.85 88.50 54.35 41.95 CANG.(RS) -7.20 -5.00 -16.30 -10.00 -7.65 CHAG.(%) -37.31 -18.62 -18.42 -18.40 -18.24

VOLUME TOPPERS
COMPANY NAME Unitech L&T Finance Holdings TV18 Broadcast JP Associate Lanco Infratech CURRENT 26.75 83.50 32.05 90.95 12.75 PREV. CLOSE(RS) 28.35 86.05 35.60 91.65 12.70 CHAG.(%) -5.64 -2.96 -9.97 -0.76 0.39

Volume in (000s)
34307.65 27832.82 23809.18 19600.70 19200.42

SECTORIAL INDICES
Indices
Hang Seng Jakarta Composite Nikkei 225 KLSE Composite Seoul Composite Strait Times FTSE 100 Nasdaq DJIA S&P 500

Country
Hong Kong Indonesia Japan Malaysia South Korea Singapore United Kingdom United States United States United States

Date
19-Nov-2012 19-Nov-2012 19-Nov-2012 19-Nov-2012

Index
21108.93 4332.08 8829.72 1631.68

Net Change
-457.98 4.21 -7.43 -9.39

Change (%)
-2.12 0.10 -0.08 -0.57 -2.28 -2.12 -1.70 -3.42 -3.02 -2.95

19-Nov-2012

1870.72

-43.69

19-Nov-2012

2945.63

-63.93

19-Nov-2012

5677.80

-98.20

19-Nov-2012

2836.94

-100.35

19-Nov-2012

12542.38

-390.35

19-Nov-2012

1353.33

-41.20

INDIAN EQUITY MARKET

VALUE
5574.05 11360.05 18309.37

CHANGE
-112.20 -167.30 -374.31

% CHANGE
-1.97 -1.45 -2.00

TECHNICAL VIEW
NIFTY WEEKLY PIVOT
INDICES NIFTY R4 6095 R3 5936 R2 5777 R1 5675 P 5618 S1 5516 S2 5458 S3 5299 S4 5140

OUTLOOK
Trend: -Consolidate Resistance: - 5740, 5920 Support: -5450, 5300 Strategy: - Sell on High

NIFTY WEEKLY

BANK NIFTY WEEKLY PIVOT

OUTLOOK
Trend:- Consolidate Resistance: - 11800, 12220 Support: - 11100, 10600 Strategy: - Sell on High BANK NIFTY WEEKLY

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