25/03/2014
www.capitalheight.com
MARKET WRAP
Indian mkt ended higher. Nifty and Sensex up by 1.36% & 1.38%. Asia- Pacific traded higher. Hang Sng up 1.88% & Nikkei 1.73%. Wall St dwn. French Flash Mfg PMI 51.9. Dow Fut up 37.50 pts. Indian markets closed at all time high. Foreign investors have been particularly heavy buyers during the rally as a net buying $495 million in Indian banks, while selling a net $791 million in pharmaceutical and biotechnology shares. The Sensex rose 300 points to 22055 and Nifty climbed 88 points to 6583. European stocks are trading down.
MARKET PERFORMANCE
NSE GAINERS
COMPANY NAME Mukta Arts Kirl Electric CCL Products Usha Martin Nilkamal CURRENT 38.30 22.05 48.05 33.80 190.65 PREV. CLOSE(RS) 31.95 18.40 42.75 30.10 172.15 CHANG.(RS) 6.35 3.65 5.30 3.70 18.50 CHAG.(%) 19.87 19.84 12.40 12.29 10.75
NSE LOSERS
COMPANY NAME Savita Oil Tech Edelweiss Hinduja Found Wheels Hang Seng BEES CURRENT 508.00 27.35 29.70 501.35 1910.14 PREV. CLOSE(RS) 564.40 29.65 32.20 538.15 2050.00 CHANG.(RS) -56.40 -2.30 -2.50 -36.80 -139.86 CHAG.(%) -9.99 -7.76 -7.76 -6.84 -6.82
www.capitalheight.com
SECTORIAL INDICES
INDEX CNX NIFTY CNX NIFTY JUNIOR INDIA VIX CNX 100 CNX 500 CNX MIDCAP NIFTY MIDCAP 50 BANK NIFTY CNX ENERGY CNX FMCG CNX IT CNX MEDIA CNX METAL CNX MNC CNX PHARMA CNX PSE CNX PSU BANK CNX REALTY P. CLOSE 6494.90 12822.50 15.88 6376.20 5037.50 8176.75 2308.80 12075.80 7948.60 17996.70 9377.75 1830.75 2299.50 6091.35 7836.50 2666.40 2435.10 175.75 OPEN 6510.50 12862.55 15.88 6392.15 5049.90 8196.70 2314.85 12134.65 7980.40 18000.40 9365.30 1834.70 2308.55 6101.70 7830.75 2679.70 2448.40 175.80 HIGH 6591.50 12909.90 17.20 6458.75 5095.10 8235.55 2329.25 12423.00 8143.05 18179.30 9435.70 1864.20 2331.00 6142.85 7868.70 2738.30 2484.80 178.40 LOW 6510.50 12831.00 15.24 6392.15 5049.90 8196.70 2314.05 12134.65 7980.40 17978.80 9339.00 1833.05 2292.45 6099.40 7781.85 2679.70 2448.40 175.80 LAST 6582.00 12863.95 16.54 6453.25 5092.50 8218.45 2322.65 12423.00 8132.80 18059.75 9362.55 1846.55 2322.80 6122.35 7793.75 2735.95 2475.05 176.40 % CHANGE 1.34 0.32 4.17 1.21 1.09 0.51 0.60 2.88 2.32 0.35 -0.16 0.86 1.01 0.51 -0.55 2.61 1.64 0.37
www.capitalheight.com
NIFTY STATS
ADVANCES DECLINES UNCHANGED 41 09 00
ASIAN MARKETS
Name Nikkei 225 Hang Seng Taiwan KOSPI Jakarta Open 14297.58 21657.55 8540.27 1937.06 4712.12 High 14514.28 21866.97 8605.38 1950.54 4727.62 Low 14287.28 21590.07 8508.01 1937.06 4695.36 Current Value 14475.30 21846.45 8605.38 1945.55 4720.42 Change 251.07 409.75 28.21 10.61 20.20 % Chg 1.73 1.88 0.33 0.55 0.43
www.capitalheight.com
TECHNICAL VIEW
NIFTY DAILY PIVOT
SCRIPT NIFTY R4 6817 R3 6738 R2 6659 R1 6628 P 6580 S1 6549 S2 6501 S3 6422 S4 6343
OUTLOOK
Trend: - Consolidate Resistance: - 6630, 6660 Support: - 6540, 6500 Strategy: - Buy On Dips
NIFTY DAILY
www.capitalheight.com
OUTLOOK
Trend: - Consolidate Resistance: - 12580, 12720 Support: - 12250, 12000 Strategy: - Buy On Dips BANK NIFTY DAILY
www.capitalheight.com
Stock Recommendation
CapitalHeights
stock recommendation for 25/03/2014 is Punjab National Bank. It has been trading in uptrend from last few months. In todays trading session, it was down by 3.43%. On the daily chart, it made a bullish candlestick and has taken resistance at trendline level; if it comes above this level then we can see some upside movement in the stock. Momentum indicator stochastic is also trading in positive territory. Its short term support level is at 600. One can go for short position in this stock above 665. The stock may test level of 745 in coming days.
Our recommendation on PNB is LONG above 665 for the Target of 674-685.
www.capitalheight.com
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. Money CapitalHeight Research Pvt. Ltd. recommends that investors independently evaluate particular investments and strategies, and encourages investors to seek the advice of a financial adviser. Money CapitalHeight Research Pvt. Ltd. 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 Money CapitalHeight Research Pvt. Ltd. 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. Money CapitalHeight Research Pvt. Ltd. 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.
www.capitalheight.com