Equity Report

Nifty 11/14/2018 8:44:00 AM
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Pre-Market Wednesday! Asian market positive trading, Nifty50 on the SGX were trading higher at 10650 +45 points on indicating gap up opening for the NSE.

At the close in NSE, the Nifty 50 gained 0.96%, while the BSE Sensex 30 index climbed 0.95%.

The biggest gainers of the session on the Nifty 50 were Eicher Motors Ltd., which rose 6.23% or 1366.45 points to trade at 23241.85 at the close. Indian Oil Corporation Ltd added 4.44% or 6.00 points to end at 141.40 and Bharat Petroleum Corp. Ltd. was up 3.95% or 11.50 points to 303.15 in late trade.

Biggest losers included Sun Pharmaceutical Industries Ltd., which lost 4.75% or 28.00 points to trade at 561.75 in late trade. Tata Motors Ltd declined 3.65% or 6.80 points to end at 179.50 and Indiabulls Housing Finance Ltd shed 2.68% or 23.20 points to 841.95.

The breadth, indicating the overall health of the market, 1278 rose and 1250 declined, while 133 ended unchanged on the India National Stock Exchange.

Rupee desk: The USD/INR was down 0.40% to 72.645.

 

CASH FLOW ANALYSIS

FII DII Activity 13th November 2018, In the cash market today, FII’s sold 494 crores stock whereas DII’s bought 335 crores worth of stock. In the derivative market, FII’s sold 111 crore of Index futures and bought 520 crores worth of Index options. In the Stock futures segment, FII’s sold 603 crores worth of stock futures and bought 6 crores stock options.

 

Technical outlook

Nifty daily chart has formed “Megaphone chart” pattern. The last session ended up bullish in trend, after few negative rallies inside the channel. The market is expected to continue on bullish momentum, once the same breaks below the key resistance holding at 10620. The upside rally could be testing all the way up to 10700-10800 levels in upcoming sessions. Alternatively, if the key resistance holds strong then the market might retest the same and turn bearish once again. The downside rally could test up to 10500-10400 level. Key support holds at 10400.


Research Report call:

Technical Chart:
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Bank Nifty 11/14/2018 8:36:00 AM
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Technical outlook

Bank nifty daily chart has formed “Megaphone chart” pattern. The last session ended up bullish in trend after few consolidations and negative rallies inside the channel. The market is expected to continue on bullish momentum, once the same breaks above a key resistance holding at 25850. The upside rally could be testing all the way up to 26000-26200 levels in upcoming sessions. Alternatively, if the key resistance holds strong then the market might retest the same and turn bearish. The downside rally could test up to 25650-25400 levels. Key support holds at 25400.


Research Report call:

Technical Chart:
equity-chart
Nifty 11/13/2018 8:21:00 AM
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Pre-Market Tuesday! Asian market positive trading, Nifty50 on the SGX were trading lower at 10457.50 -42.50 points on indicating gap down opening for the NSE.

At the close in NSE, the Nifty 50 fell 0.97%, while the BSE Sensex 30 index fell 0.98%.

The biggest gainers of the session on the Nifty 50 were Titan Company Ltd, which rose 5.99% or 50.75 points to trade at 894.75 at the close. Tech Mahindra Ltd added 2.37% or 16.75 points to end at 724.55 and Tata Steel Ltd was up 1.93% or 11.05 points to 582.85 in late trade.

Biggest losers included Hindustan Petroleum Corporation Ltd, which lost 7.17% or 17.30 points to trade at 225.05 in late trade. Tata Motors Ltd declined 4.58% or 8.95 points to end at 186.05 and Indian Oil Corporation Ltd shed 4.55% or 6.45 points to 135.05.

The breadth, indicating the overall health of the market, 1498 fell and 1010 advanced, while 151 ended unchanged on the India National Stock Exchange.

Rupee desk: The USD/INR was up 0.36% to 72.925.

 

CASH FLOW ANALYSIS

FII DII Activity 12th November 2018, In the cash market today, FII’s bought 832 crores stock whereas DII’s sold 1073 crores worth of stock. In the derivative market, FII’s sold 168 crore of Index futures and bought 8 crores worth of Index options. In the Stock futures segment, FII’s sold 146 crores worth of stock futures and bought 17 crores stock options.

 

Technical outlook

Nifty daily chart has formed “Megaphone chart” pattern. The last session ended up bearish in trend, after few consolidations inside the channel. The market is expected to continue on bearish momentum, once the same breaks below the key support holding at 10450. The downside rally could be testing all the way up to 10350-10250 levels in upcoming sessions. Alternatively, if the key support holds strong then the market might retest the same and turn bullish once again. The upside rally could test up to 10600-10700 level. Key resistance holds at 10700.


Research Report call:

Technical Chart:
equity-chart
Bank Nifty 11/13/2018 8:07:00 AM
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Technical outlook

Bank nifty daily chart has formed “Megaphone chart” pattern. The last session ended up bearish in trend after few consolidations inside the channel. The market is expected to continue on bearish momentum, testing all the way up to 25400-25200 levels in upcoming sessions. Alternatively, if the market breaks above a key resistance zone holding at 25850 then it might turn bullish once again. The upside rally could test up to 26000-26200 levels. Key support holds at 25200.


Research Report call:

Technical Chart:
equity-chart
Nifty 11/12/2018 9:04:00 AM
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Pre-Market Monday! Asian market positive trading, Nifty50 on the SGX were trading lower at 10606.50 -16 points on indicating gap down opening for the NSE.

At the close in NSE, the Nifty 50 declined 0.12%, while the BSE Sensex 30 index fell 0.22%.

The biggest gainers of the session on the Nifty 50 were Yes Bank Ltd, which rose 5.37% or 11.60 points to trade at 227.90 at the close. Hindustan Petroleum Corporation Ltd added 5.05% or 11.60 points to end at 241.30 and Indiabulls Housing Finance Ltd was up 3.70% or 30.80 points to 862.15 in late trade.

Biggest losers included Infosys Ltd, which lost 2.49% or 16.80 points to trade at 659.50 in late trade. Dr. Reddy’s Laboratories Ltd declined 2.16% or 53.00 points to end at 2400.00 and Hindalco Industries Ltd. shed 2.32% or 5.65 points to 238.80.

The breadth, indicating the overall health of the market, 1287 rose and 1170 declined, while 128 ended unchanged on the India National Stock Exchange.

Rupee desk: The USD/INR was down 0.23% to 72.540.

 

CASH FLOW ANALYSIS

FII DII Activity 9th November 2018, In the cash market today, FII’s bought 614 crores stock whereas DII’s sold 337 crores worth of stock. In the derivative market, FII’s bought 647 crore of Index futures and sold 776 crores worth of Index options. In the Stock futures segment, FII’s bought 136 crores worth of stock futures and bought 4 crores stock options.

 

Technical outlook

Nifty daily chart has formed “Megaphone chart” pattern. The last few sessions ended up in sideways trend, near a key resistance zone inside the channel. The market is expected to continue on bullish momentum, one the same breaks above the key resistance holding at 10620. The upside rally could be testing all the way up to 10700-10800 levels in upcoming sessions. Alternatively, if the key resistance holds strong then the market might retest the same and turn bearish once again. The downside rally could test up to 10500-10400 level. Key support holds at 10400.


Research Report call:

Technical Chart:
equity-chart
Banknifty 11/12/2018 8:47:00 AM
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Technical outlook

Bank nifty daily chart has formed “Megaphone chart” pattern. The last few sessions ended up in sideways trend near a key resistance zone inside the channel. The market is expected to continue on bullish momentum, once the same breaks above a key resistance holding at 25850. The upside rally could be testing all the way up to 26000-26200 levels in upcoming sessions. Alternatively, if the key resistance holds strong then the market might retest the same and turn bearish. The downside rally could test up to 25600-25400 levels. Key support holds at 25400.


Research Report call:

Technical Chart:
equity-chart
Nifty 11/9/2018 9:06:00 AM
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Pre-Market Friday! Asian market positive trading, Nifty50 on the SGX were trading lower at 10587 -29 points on indicating gap down opening for the NSE.

At the close in NSE, the Nifty 50 rose 0.06%, while the BSE Sensex 30 index climbed 0.12%.

The biggest gainers of the session on the Nifty 50 were Zee Entertainment Enterprises Ltd., which rose 2.20% or 9.65 points to trade at 448.20 at the close. Tata Consultancy Services Ltd. added 2.07% or 39.15 points to end at 1932.70 and Yes Bank Ltd was up 2.19% or 4.60 points to 214.45 in late trade.

Biggest losers included Vedanta Ltd, which lost 6.61% or 14.70 points to trade at 207.40 in late trade. Cipla Ltd. declined 5.88% or 33.10 points to end at 530.80 and Hindustan Petroleum Corporation Ltd shed 2.94% or 6.85 points to 226.30.

The breadth, indicating the overall health of the market, 1244 fell and 1233 advanced, while 151 ended unchanged on the India National Stock Exchange.

Rupee desk: The USD/INR was up 0.21% to 73.015.

 

CASH FLOW ANALYSIS

FII DII Activity 6th November 2018, In the cash market today, FII’s sold 499 crores stock whereas DII’s bought 118 crores worth of stock. In the derivative market, FII’s bought 440 crore of Index futures and bought 3095 crores worth of Index options. In the Stock futures segment, FII’s sold 790 crores worth of stock futures and sold 32 crores stock options.

 

Technical outlook

Nifty daily chart has formed “Megaphone chart” pattern. The last few sessions ended up bearish in trend, along with some corrections inside the channel. The market is expected to continue on bearish momentum, testing all the way up to 10450-10350 levels in upcoming sessions. Alternatively, if the market breaks above the key resistance holding at 10620 then it might turn bullish once again. The upside rally could test up to 10750 level. Key support holds at 10350.


Research Report call:

Technical Chart:
equity-chart
Banknifty 11/9/2018 8:57:00 AM
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Technical outlook

Bank nifty daily chart has formed “Megaphone chart” pattern. The last few sessions ended up bearish in trend along with some corrections inside the channel. The market is expected to continue on bearish momentum, testing all the way up to 25550-25350 levels in upcoming sessions. Alternatively, if the market breaks above the key resistance zone holding at 25850 then it might turn bullish once again. The upside rally could test up to 26000-26200 levels. Key support holds at 25350.


Research Report call:

Technical Chart:
equity-chart
Nifty 11/6/2018 8:48:00 AM
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Pre-Market Tuesday! Asian market positive trading, Nifty50 on the SGX were trading higher at 10588 +28 points on indicating gap up opening for the NSE.

At the close in NSE, the Nifty 50 lost 0.27%, while the BSE Sensex 30 index fell 0.17%.

The biggest gainers of the session on the Nifty 50 were State Bank of India, which rose 3.77% or 10.75 points to trade at 294.95 at the close. AXIS Bank Ltd added 2.04% or 12.45 points to end at 624.40 and UPL Ltd was up 2.13% or 15.15 points to 724.30 in late trade.

Biggest losers included Cipla Ltd., which lost 7.35% or 44.60 points to trade at 563.05 in late trade. Indian Oil Corporation Ltd declined 5.16% or 7.65 points to end at 140.30 and Indiabulls Housing Finance Ltd shed 4.35% or 37.90 points to 834.10.

The breadth, indicating the overall health of the market, 1289 fell and 1249 advanced, while 153 ended unchanged on the India National Stock Exchange.

Rupee desk: The USD/INR was down 0.02% to 73.075.

 

CASH FLOW ANALYSIS

FII DII Activity 5th November 2018, In the cash market today, FII’s bought 12 crores stock whereas DII’s sold 621 crores worth of stock. In the derivative market, FII’s sold 481 crore of Index futures and bought 2190 crores worth of Index options. In the Stock futures segment, FII’s sold 531 crores worth of stock futures and bought 56 crores stock options.

 

Technical outlook

Nifty daily chart has formed “Megaphone chart” pattern. The last few sessions ended up bullish in trend, along with some corrections inside the channel. The market is expected to continue on bullish momentum, once the same breaks above a key resistance holding at 10600. The upside rally could be testing all the way up to 10700-10800 levels in upcoming sessions. Alternatively, if the key resistance holds strong then the market might retest the same and turn bearish. The downside rally could test up to 10350 level. Key support holds at 10350.


Research Report call:

Technical Chart:
equity-chart
Bank Nifty 11/6/2018 8:40:00 AM
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Technical outlook

Bank nifty daily chart has formed “Megaphone chart” pattern. The last few sessions ended up bullish in trend along with some corrections inside the channel. The market is expected to continue on bullish momentum, once the same breaks above a key resistance holding at 25850. The upside rally could be testing all the way up to 26000-26200 levels in upcoming sessions. Alternatively, if the key resistance zone holds strong then the market might retest the same and turn bearish. The downside rally could test up to 25600-25400-25200 levels. Key support holds at 25200.


Research Report call:

Technical Chart:
equity-chart