first morning technical call t e c h n i c a l s · nifty 50 comments nifty (7404) nifty 50 opened...

MARKET OUTLOOK

NIFTY SENSEX BANK NIFTY

HIGH 7457 24514 14978

LOW 7366 24225 14761

CLOSE 7404 24338 14869

PIVOT 7409 24359 14870

R 1 7452 24493 14978

R 2 7500 24648 15087

S 1 7361 24204 14761

S 2 7318 24070 14653

11290

11148

11214

COMMENTS NIFTY 50

NIFTY (7404) Nifty 50 opened positive and moved towards 7460 levels but failed to sustain it and shed lion’s portion of its gains. In the absence of follow up buying at the

higher levels the index fell towards intraday low of 7365 levels. However, in the last half an hour of trade it bounced back and retrieved its 7400 levels. It remained volatile

as both the bears and bulls made their attempts to drag the index on either side. Finally the session ended at the opening levels and formed a DOJI candle with the gains

of around 42 points. Although it traded in the positive territory but selling pressure was being witnessed at the higher levels. Now it has to again cross and hold above

7450 zones with follow up buying to head towards 7539-7550 zones while holding below 7365-7350 zones may drag the index towards 7280 and recent swing low of

7241 mark. Traders are suggested to trade cautiously as market has failed to hold bounce back move and turning volatile in between the recent broader trading range.

CNX IT

FIRST MORNING TECHNICAL CALL

Friday, February 5, 2016

11217

11286

11359

11145

11076

PIVOT TABLE

SENSEX (24338) BSE Sensex opened positive with the gains of 165 points

but remained highly volatile as it failed to sustain the opening gains and

fell towards 24280 levels. However it rebounded from the lower levels and

registered an intraday high of 24514 levels. However, it fell towards new

intraday low of 24225 levels but in the last hour of trade it rebounded and

managed to end the session with the gains of around 115 points. Now if it

sustains below 24250 then selling pressure may continue towards 24000

zones, while it has to hold above 24500 mark for a hope to continue the

bounce back towards 24800 and 25000 zones.

T E C H N I C A L S

S&P BSE~SENSEX

ACC : Rs. 1270EXECUTION PRICE RANGE

Buy Between Rs.1238 To Rs. 1250

Buy Between Rs.814 To Rs.822



HINDUNILVR : Rs. 835

TECHNICAL CALLS

EXECUTION PRICE RANGE STOP LOSS

HINDUNILVR has taken multiple support near its lower band of the

trading range and made a reversal on its immediate weak structure in the

last week. It has managed to cross above its immediate hurdle of 820

zones and holding above its 50 DMA. It is also making an attractive price

pattern and may continue its positive price behavior because of its

defensive nature. Thus recommending buying the stock with the stop loss

of 800 for the upside target of 860 levels.

1219.00

860.00

ACC has made double bottom near to 1205-1208 zones and holding the

gains from last four trading sessions even after volatile swing in the

broader market. It has immediate hurdle near to 1280 and above that an

upswing cannot ruled out. Thus recommending buying the stock with the

stop loss of 1219 for the upside target of 1310 levels.

800.00

TARGET

TARGET

1310.00

STOP LOSS

INDICES CLOSE

SENSEX 24338

NIFTY 7404 CLOSE % SYMBOL CLOSE %

67.8 9.89 VEDANTA LTD 67.8 9.89

57.5 3.61 CAIRN 123.0 6.03

59.1 3.50 TATA POWER 59.1 3.51

Rs. (Cr.) YEST'DAY 220.1 3.28 ONGC 220.0 3.26

BSE Cash 2709 68.7 3.00 HINDALCO 68.7 3.08

NSE Cash 16895

Derviatives(bn) 2157

DII Equity -145 CLOSE % SYMBOL CLOSE %

FII Equity -357 126.0 -2.14 IDEA 100.0 -3.38

FII F&O -228 550.3 -1.98 NTPC 125.9 -2.14

163.1 -1.81 CIPLA 550.4 -2.07

2310.1 -1.62 SBI 162.9 -1.93

8.0 -1.12 BAJAJ AUTO 2310.7 -1.58

EXCHANGE ADV

BSE 1000

NSE 612

CLOSE % SYMBOL CLOSE %

ABB India Ltd 1151.6 14.48 Wockhardt Ltd 1019.1 -10.82

ADR CLOSE Castex Technologies Ltd 10.8 13.16 SpiceJet Ltd 76.0 -8.33

Infosys ############ Vedanta Ltd 67.8 9.89 CCL Products India Ltd 164.7 -8.32

HDFC Bank ############ Caplin Point Laboratories Ltd 1160.7 6.99 HCL Infosystems Ltd 37.3 -6.88

Wipro ############ Motherson Sumi Systems Ltd 262.8 6.10 Balrampur Chini Mills Ltd 82.5 -6.52

ICICI Bank ############ Cairn India Ltd 123.0 6.03 IFB Industries Ltd 347.2 -6.39

Sterlite Inds. ############ Hexaware Technologies Ltd 236.3 6.01 Reliance Infrastructure Ltd408.8 -6.11

Dr. Reddy's Lab ############ NMDC Ltd 81.3 4.70 SE Investments Ltd 180.0 -5.83

Gateway Distriparks Ltd 284.0 4.55 Religare Enterprises Ltd 283.6 -5.78

Gujarat Gas Ltd 530.4 4.28 Granules India Ltd 106.0 -5.70

Hindustan Zinc Ltd 161.4 4.23 Jet Airways India Ltd 529.0 -5.66

INDICES CLOSE INDICES CLOSE % Greaves Cotton Ltd 129.9 4.04 Trident Ltd/India 49.6 -5.35

CNX Bank 14869 BSE MIDcap 10142 -0.18 Cummins India Ltd 933.1 4.04 Star Ferro and Cement Ltd116.8 -5.16

CNX IT 11214 BSE SmallCap 10443 -0.75 JSW Steel Ltd 1010.7 3.83 TAKE Solutions Ltd 128.7 -5.09

CNX Reality 146 BSE 200 3119 0.41 Jindal Steel & Power Ltd 57.4 3.61 Sequent Scientific Ltd 750.3 -5.06

CNX FMCG 19275 1048.2 3.57 Kaveri Seed Co Ltd 333.6 -4.88

CNX Infra 2394 7.83 832.7 3.54 Godfrey Phillips India Ltd 1139.2 -4.81

CNX Pharma 11216 67.70 59.1 3.51 Gulf Oil Lubricants India Ltd501.0 -4.77

BSE Auto 16562 96.83 299.9 3.45 Hindustan Petroleum Corp Ltd732.6 -4.74

BSE Metal 6674 35.24 10512.0 3.39 Claris Lifesciences Ltd 170.4 -4.64

CNX MNC 8611 1146.28 220.0 3.26 KEC International Ltd/India112.8 -4.61

BSE 500 9771 14.77 451.3 3.26 Prestige Estates Projects Ltd167.3 -4.54

Nifty Midcap 2942 PE CURRENT AVG 40.1 3.08 Sun Pharma Advanced Research Co Ltd275.1 -4.45

BSE 100 7480 NIFTY 18.2 19.7 664.0 3.07 KPIT Technologies Ltd 131.6 -4.26

889.4 2.97 Arvind Ltd 287.6 -4.23

NIFTYSENSEX

TOP OUTPERFORMERS

SBI

Bajaj AutoADVANCES & DECLINES

943 1555

2.48

1.31

0.30

1.31

5.98

0.24

-0.56

BSE 500

SYMBOL

3.93

-10.31

TOP UNDERPERFORMERS

SYMBOL

TOP UNDERPERFORMERS2139 3139

% CHG

115.11


ONGC

0.57

Jindal Steel

% CHG

Tata power

INDIAN INDICES

42.20

15.42

44.36

Siemens Ltd

0.51

Silver ($)

RS/$

OTHER IMP.DATA10 Yr Gsec yield

-1.13

%

0.52

% CHG

0.39

17.65

-0.80

TOTAL

PREV.DAY

DECLINES

-1160 -80.32

$ Index

BSE NSE

-0.38

0.37

1.03

Brent Crude ($)

Gold ($)

0.51

PREV.CLOSE

11.77

Godrej Properties Ltd

NTPC

Cipla/India

TURNOVER & MARKET CAP

INSTITUTIONAL ACTIVITIES-323 -55.21

-114 213.33

0.48

CHANGE

2938

Asian Paints Ltd

PI Industries Ltd

Shriram Transport Finance Co Ltd

Tata Power Co Ltd

NIFTYSENSEX

SESA Goa

SYMBOL

JM Financial Ltd

Shree Cement Ltd

Oil & Natural Gas Corp Ltd

Mphasis Ltd


0.82

JP Asso.

Hindalco

TOP OUTPERFORMERS

0.00

SECTORAL INDICES

-0.66

58.20

INDIAN ADR's

16256

2405

-7.79

SCRIP NAME OPEN HIGH LOW CLOSE PIVOT R 2 S 1 S 2 TRENDER+

ACC 1255 1278 1253 1270 1267 1292 1256 1242 UP

AMBUJA CEMENT 193 197 193 196 195 199 193 191 UP

ASIAN PAINTS 865 896 865 889 883 914 871 852 UP

AXIS BANK 386 387 373 383 381 395 375 367 Down

BAJAJ AUTO 2370 2393 2292 2311 2332 2432 2271 2231 UP

BHARTI AIRTEL 304 306 302 304 304 308 302 300 Down

BHEL 129 131 127 130 129 134 127 125 Down

BPCL 835 852 824 832 836 864 820 808 UP

CAIRN INDIA 121 125 120 123 123 128 120 117 Down

CIPLA 567 572 540 550 554 587 536 522 UP

COAL INDIA 318 323 317 323 321 327 319 315 UP

LUPIN 1700 1720 1617 1653 1663 1766 1607 1560 UP

Dr.REDDY'S LABS 3049 3049 2970 3009 3009 3089 2969 2930 UP

GAIL INDIA 362 368 347 355 357 378 345 335 Down

GRASIM INDS 3426 3463 3403 3433 3433 3493 3403 3374 Flat

HCL TECH 855 875 849 867 864 890 853 838 Down

HDFC 1165 1177 1163 1168 1170 1183 1162 1156 Down

HDFC BANK 1048 1055 1046 1049 1050 1059 1045 1041 Down

HERO MOTOCORP 2490 2528 2472 2514 2505 2561 2481 2448 Down

HINDALCO 68 70 67 69 69 72 67 66 Down

HINDUSTAN UNILEVER 825 838 817 835 830 852 821 808 UP

ICICI BANK 206 208 201 204 204 211 200 197 Down

IDEA 105 105 99 100 101 108 98 95 Down

IDFC 41 42 40 41 41 43 40 39 Flat

INDUSIND BANK 912 918 904 913 912 926 905 897 Down

INFOSYS 1160 1195 1160 1180 1178 1213 1162 1143 UP

ITC 322 325 320 322 322 326 320 318 Down

ULTRATECH CEMENT 2775 2812 2750 2770 2777 2840 2742 2715 Down

TECH MAHINDRA 479 479 465 469 471 485 463 457 Down

KOTAK MAHINDRA BANK 670 681 668 676 675 688 670 663 Down

LARSEN & TOUBRO 1119 1150 1117 1136 1134 1167 1119 1101 UP

MAHINDRA & MAHINDRA 1208 1222 1189 1205 1205 1238 1188 1172 Down

MARUTI SUZUKI 3864 3882 3774 3795 3817 3925 3752 3709 Down

ADSEZ 213 218 210 216 215 222 211 207 Flat

NTPC 130 131 125 126 127 134 123 121 Down

ONGC 218 221 216 220 219 224 217 214 Down

POWERGRID 145 148 143 147 146 151 144 141 UP

PUNJAB NATIONAL BANK 91 92 89 91 91 93 89 88 Flat

RELIANCE INDS 988 1001 966 973 980 1015 959 945 Down

ZEE ENTERTAINMENT ENTERPRISES LIMITED410 412 396 399 403 418 393 387 Down

SAIL 40 40 38 39 39 41 38 37 Down

SBI 169 170 160 163 164 174 159 155 Down

VEDANTA Ltd 64 69 63 68 67 72 64 61 Flat

YES BANK 785 788 754 759 767 801 746 733 Down

SUNPHARMA 840 848 818 836 834 864 820 804 Down

TATA MOTORS 325 329 321 326 325 333 321 317 Down

TATA POWER 57 60 57 59 59 61 58 56 Down

TATA STEEL 224 229 219 226 225 234 220 215 Down

TCS 2422 2440 2402 2420 2421 2459 2401 2383 UP

WIPRO 560 563 554 560 559 568 555 550 Down

848 - 826



104 103 - 97

362 - 340

389

TRENDER+ OF NIFTY 50 STOCKS

908 - 877

198 - 194

1686 - 1584

R 1

902

561 - 552

774 - 740

93 - 90

232 - 222

331 - 323

71 - 65

406 - 390

884 - 858

127 - 122

3478 - 3418

206 - 199

1205 - 1170

323 - 319

923 - 908

2549 - 2493

71 - 68

2430 - 2392

223 - 218

150 - 145

1196

324

2805

477

682

2537

70

61 - 58

987 - 952

42 - 40

1159 - 1126

1213 - 1180

3838 - 3730

221 - 213

208

685 - 672

2791 - 2729

474 - 460

92

149

222

166 - 157

130

39 - 37

3860

219

129 - 122

329

60

850 842 - 812

2439

1221

1151

306

132

848

126

568

325

1709

42

3049

367

198

843

920

1287 - 1262

2372

133 - 128

878

2352 - 2251

307 - 303

3029 - 2950

1054

842 - 814

385 - 371

1057 - 1047

1176

230

3463

564

994

780

70

168

40

409

1180 - 1166

DAILY PROJECTED RANGE

561 - 529

326 - 320

1281

Closing price is the price at which scrip closes on the date mentioned in the report. Traders may initiate their intraday trade on this level. The stock or index should sustain above or below the pivot else you should exit the trade.

HOW TO TRADE USING THE TRENDER+



Tel No: +91 22 4001 3700 | Fax No: +91 22 4001 3770 | Website: www.rathi.com

ANAND RATHI SHARE AND STOCK BROKERS LIMITED 4 th Floor , Silver Metropolis, Jaicoach Compound Opposite Bimbisar Nagar,Goregaon(East), Mumbai - 400063.

Ideally, for a sell position, sell at the pivot point and use R1 as a stop loss and S2 or lower levels as a target level.

IF THE TREND IS DOWN

Ideally, for a buy position, buy at the pivot point and use S1 as the stop loss for a target of levels around R2 and higher.

THE TREND AND THE DAILY PROJECTED RANGE IS BASED ON CERTAIN SIMPLE CALCULATIONS WHICH IS PROVIDED BY BLOOMBERG, EXCLUSIVELY USED BY ANAND RATHI

DAILY PROJECTED RANGE : Projected Daily high and low are indicative range for the day, if the price moves out of the range the trend in that side may accelerate and turn bullish or bearish.

TRENDER + : This is a broad based technical trend of the stock prevailant, may or may not be necessarily for the day.

CLOSING PRICES

Trend is the level at which the tendency of stocks can be identified. For best results, you can use the 'trender' to trade. A 'weak' trend denoted by “DOWN” means that traders can trade with a negative bias. If the trend is 'strong',denoted by “UP”, one can trade with a positive bias

on the long side. Base price should be the pivot point price.

IF THE TREND IS UP

TREND

Disclaimer:-Thisreport has been issued by Anand Rathi Share and Stock Brokers Limited (ARSSBL), which is regulated by SEBI. The informationherein was obtained from various sources; we do not guarantee its accuracy or completeness. Neither the information nor any opinion expressed constitutes an offer, or an invitation to make an offer, to buy or sell any securities or any options, futures or other derivatives related to such securities ("related investments"). ARSSBL and its affiliatesmay trade for their own accounts as market maker / jobber and/or arbitrageur in any securities of this issuer(s) or in related investments, and may be on the opposite side of public orders. ARSSBL, its affiliates, directors, officers, and employees may have a long or short position in any securities of this issuer(s) or in related investments. ARSSBL or its affiliatesmay from time to time perform investment banking or other services for, or solicit investment banking or other business from, any entity mentioned in this report. This research report is prepared for private circulation. It does not have regard to the specific investment objectives, financial situation and the particular needs of any specific person who may receive this report. Investors should seek financial advice regarding the ppropriateness of investing in any securities or investment strategies discussed or recommended in this report and should understand that statements regarding future prospects may not be realized. Investors should note that income from such securities, if any, may fluctuate and that each security's price or value may rise or fall. Past performance is not necessarily a guide to future performance. Foreign currency rates of exchange may adversely affect the value, price or income of any security or related investment mentioned in this report.

Disclaimer:-Thisreport has been issued by Anand Rathi Share and Stock Brokers Limited (ARSSBL), which is regulated by SEBI. The informationherein was obtained from various sources; we do not guarantee its accuracy or completeness. Neither the information nor any opinion expressed constitutes an offer, or an invitation to make an offer, to buy or sell any securities or any options, futures or other derivatives related to such securities ("related investments"). ARSSBL and its affiliatesmay trade for their own accounts as market maker / jobber and/or arbitrageur in any securities of this issuer(s) or in related investments, and may be on the opposite side of public orders. ARSSBL, its affiliates, directors, officers, and employees may have a long or short position in any securities of this issuer(s) or in related investments. ARSSBL or its affiliatesmay from time to time perform investment banking or other services for, or solicit investment banking or other business from, any entity mentioned in this report. This research report is prepared for private circulation. It does not have regard to the specific investment objectives, financial situation and the particular needs of any specific person who may receive this report. Investors should seek financial advice regarding the ppropriateness of investing in any securities or investment strategies discussed or recommended in this report and should understand that statements regarding future prospects may not be realized. Investors should note that income from such securities, if any, may fluctuate and that each security's price or value may rise or fall. Past performance is not necessarily a guide to future performance. Foreign currency rates of exchange may adversely affect the value, price or income of any security or related investment mentioned in this report.

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