Equity Analysis Equity Analysis - Daily Daily
Equity Analysis Equity Analysis - Daily Daily
Equity Analysis Equity Analysis - Daily Daily
21 MAY 2012
MARKET WRAP
Nikkei slides 3%, suffers worst weekly longest losing run since 2001. Nifty ended moderately up gaining 21.25 pts, Sensex ended up 82.27 pts. Dow Jones Ind. Avg slips 156.06 pts, Nasdaq also losing 60.35 pts. The Sensex and Nifty showed a nice rebound in late trade on Friday led by outstanding performance by SBI in fourth quarter numbers and sharp recovery in rupee from record low to near previous close. Global markets stayed under pressure due to Eurozone concerns, weak US data and cutting of debt ratings of 16 Spanish banks by Moody's.
MARKET PERFORMANCE
NIFTY GAINERS
COMPANY NAME SBI Sesa Goa IDFC Grasim Industries SAIL CURRENT 1940.55 193.90 118.40 2370.40 89.95 PREV. CLOSE(RS) 1848.35 186.35 114.85 2307.90 87.80 CANG.(RS) 92.20 7.55 3.55 62.50 2.15 CHAG.(%) 4.99 4.05 3.09 2.71 2.45
NIFTY LOSERS
COMPANY NAME Tata Motors Ambuja Cement Maruti Suzuki Bajaj Auto BHEL CURRENT 259.90 144.20 1166.70 1528.50 200.75 PREV. CLOSE(RS) 271.15 149.15 1205.30 1575.40 206.10 CANG.(RS) -11.25 -4.95 -38.65 -46.85 -5.35 CHAG.(%) -4.15 -3.32 -3.21 -2.97 -2.60
SECTORIAL INDICES
INDEX S&P CNX NIFTY CNX NIFTY JUNIOR CNX IT BANK NIFTY CNX 100 S&P CNX DEFTY S&P CNX 500 CNX MIDCAP NIFTY MIDCAP 50 P.CLOSE 4,870.20 9,496.75 5,869.10 9,154.20 4,773.45 3,095.25 3,879.15 6,886.55 1,985.40 OPEN 4,796.40 9,487.90 5,778.00 9,013.10 4,711.50 3,039.15 3,837.95 6,883.85 1,983.10 HIGH 4,908.50 9,505.65 5,904.60 9,364.70 4,804.90 3,116.50 3,899.65 6,883.85 1,983.75 LOW 4,788.95 9,333.95 5,763.70 8,995.25 4,693.80 3,024.85 3,818.25 6,787.10 1,950.05 LAST 4,891.45 9,477.55 5,865.45 9,310.25 4,789.65 3,101.05 3,889.05 6,867.30 1,977.95 % CHANGE 0.44 -0.20 -0.06 1.70 0.34 0.19 0.26 -0.28 -0.38
SELL VALUE
2,298.96
NET VALUE
-9.67
TECHNICAL VIEW
NIFTY DAILY PIVOT
INDICES NIFTY R4 5222 R3 5102 R2 4982 R1 4937 P 4862 S1 4817 S2 4742 S3 4622 S4 4502
OUTLOOK
Trend: - Consolidate Resistance: - 4960 5020 0, Support: - 4820, 4 4760 Strategy: - Buy on Dips
NIFTY DAILY
OUTLOOK
Trend: - Consolidate Resistance: - 9450 9700 0, Support: - 9050, 8 8850 Strategy: - Sell on High BANK NIFTY DAILY
Disclaimer
The information and views in this report, our website & all the service we provide are believed to be reliable, but we do not accept any responsibility (or liability) for errors of fact or opinion. Users have the right to choose the product/s that suits them the most. Sincere efforts have been made to present the right investment perspective. The information contained herein is based on analysis and up on sources that we consider reliable. This material is for personal information and based upon it & takes no responsibility The information given herein should be treated as only factor, while making investment decision. The report does not provide individually tailor-made investment advice. TheEquicom recommends that investors independently evaluate particular investments and strategies, and encourages investors to seek the advice of a financial adviser. TheEquicom shall not be responsible for any transaction conducted based on the information given in this report, which is in violation of rules and regulations of NSE and BSE. The share price projections shown are not necessarily indicative of future price performance. The information herein, together with all estimates and forecasts, can change without notice. Analyst or any person related to TheEquicom might be holding positions in the stocks recommended. It is understood that anyone who is browsing through the site has done so at his free will and does not read any views expressed as a recommendation for which either the site or its owners or anyone can be held responsible for . Any surfing and reading of the information is the acceptance of this disclaimer. All Rights Reserved. Investment in Commodity and equity market has its own risks. We, however, do not vouch for the accuracy or the completeness thereof. we are not responsible for any loss incurred whatsoever for any financial profits or loss which may arise from the recommendations above. TheEquicom does not purport to be an invitation or an offer to buy or sell any financial instrument. Our Clients (Paid Or Unpaid), Any third party or anyone else have no rights to forward or share our calls or SMS or Report or Any Information Provided by us to/with anyone which is received directly or indirectly by them. If found so then Serious Legal Actions can be taken.