4

th
March 2014

INDEX PREV. CLOSING % CHANGE DAILY TREND
NIFTY 6221.45 -0.88% SIDEWAYS
NIFTY FUT.
6239.45 -0.79%
SGX CNX NIFTY INDEX FUT. (8:15.am.)
6240.00 +0.22%

OUTLOOK FOR THE DAY
The market is likely to open flat taking cues from global markets. Asian stocks swung between gains and losses, after
the regional index yesterday capped its first back-to-back declines in a month, as investors weighed the crisis in
Crimea and ahead of the National Peoples Congress annual meeting in China starting tomorrow. The U.S. stock
market fell sharply Monday as political tensions between Ukraine and Russia over the Crimean peninsula pushed
investors to move into safe havens. As per provisional figures, foreign institutional investors (FIIs) bought shares
worth a net Rs 198.53 crore on 3
rd
March 2014. Domestic institutional investors bought shares worth Rs 1566.31 crore
on that day.

INTERNATIONAL MARKET
INDEX
CLOSING
(SPOT)
CHANGE
(%)
US MARKETS

NASDAQ COMPOSITE 4277.30 -0.72%
DOW JONES 16168.03 -0.94%
US MARKETS (FUTURE)
NASDAQ 100 3675.25 +0.18%
DOW JONES 16172.00 0.15%
ASIAN MARKETS
HANG SENG INDEX 22602.67 +0.45%
NIKKEI 225 14702.60 +0.34%
SHANGHAI COMP. INDEX 2069.04 -0.30%

SECTOR TO WATCH TODAY
Sectors to Outperform
Capital Goods & Consumer Durables

Sectors to Underperform
FMCG & Healthcare

MACRO NEWS
US construction spending edged up 0.1 percent to a seasonally adjusted annual rate of $943.1 billion in January from
the revised December estimate of $941.9 billion. The modest increase came as a surprise to economists, who had
been expecting construction spending to drop by about 0.5 percent.

INTRADAY TECHNICAL PICKS
Stock Name Buy/Sell Range Pr. Close Target 1 Target 2 SL
ADANIENT BUY 261-262 263.90 270 274 258
SIEMENS BUY 618-619 620.70 638 645 610
HINDUNILVR SELL 545-546 542.50 530 525 552











NIFTY SNAPSHOT

CURRENT PREVIOUS
Nifty Spot 6221.45 6276.95
Nifty Mar 6239.45 6289.25
Nifty Apr 6274.45 6325.65
Chg. OI (Mar) (%) -1.84 0.72
Chg. OI (Apr) (%) 5.43 16.12
Implied Volatility (%) 13.79 12.17
Nifty Support 6180 6180
Nifty Resistance 6350 6350
50 Day EMA 6185 6184
100 Day EMA 6173 6170
200 Day EMA 5988 5987
Put-Call Ratio 1.14 1.10
Historical Volatility (%) 14.54 14.50
Volatility Index 15.28 14.18




NIFTY STRATEGY





















































































NIFTY-TECHNICAL OUTLOOK

Today the Markets are likely open on flat note. All emerging Markets
are trading mixed.

The coming session is likely to witness a range of 6180 on declines
and 6350 on advances.

WORLD APRKET COMMENTARY

In last session all leading American indices like Dow Jones Industrial
Average, NASDAQ index and the S&P 500 (SPX) ended in red. Dow
was down by 0.94% and closed at 16168; S&P 500 was shed by
0.74% at 1846. European indices ended in red. FTSE was down by
1.49%, DAX shed by 3.44% & CAC 40 was down by 2.66%.

Today major stock markets in Asia are trading mixed. Shanghai
Composite is down by 0.53% at 2064 and Hang Seng is up by 0.22%
at 22550. Japans Nikkei is up by 0.32% at 14699 and Singapores
Straits Times up by 0.29% at 3096.

Singapore Nifty future is currently up by 14 point at 6240.


SECURITY IN BAN PERIOD

No security is in ban period for trade date Mar 04, 2014 F&O
segment.





We recommend the following trading strategy:


Buy 1 Lot Mar Month Nifty 6200 PE around 74.
Sell 1 Lot Mar Month Nifty 6100 PE around 44.

Strategy Stop Loss: 15 (6200 PE + 6100 PE).
Lot size: 50


Max Profit: 3500 (70*50)
Max Loss: 1500 (30*50)



FIIS ACTIVITY IN F&O IN LAST TEN SESSIONS
(DERIVATIVE SEGMENT)




BASIS GAP IN NIFTY



NIFTY CHANGE IN OPEN INTREST








FIIS ACTIVITY IN F&O IN LAST SESSION
(DERIVATIVE SEGMENT)




NIFTY TOTAL OPEN INTEREST





















239.42
1247.23
467.50
-653.52
407.75
882.48
1890.77
1914.37
970.86
395.31
-1000.00
-500.00
0.00
500.00
1000.00
1500.00
2000.00
2500.00
1
7
-
F
e
b
1
8
-
F
e
b
1
9
-
F
e
b
2
0
-
F
e
b
2
1
-
F
e
b
2
4
-
F
e
b
2
5
-
F
e
b
2
6
-
F
e
b
2
8
-
F
e
b
0
3
-
M
a
r
17.9
11.7
6.3
16.5
8.5
7.1
9.0
33.95
12.3
18
0
5
10
15
20
25
30
35
40
1
7
-
F
e
b
1
8
-
F
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b
1
9
-
F
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2
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F
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F
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2
4
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F
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2
5
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2
6
-
F
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2
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-
F
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b
0
3
-
M
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-200000
0
200000
400000
600000
800000
1000000
1200000
5
7
0
0
5
8
0
0
5
9
0
0
6
0
0
0
6
0
5
0
6
1
0
0
6
2
0
0
6
3
0
0
6
4
0
0
6
5
0
0
Call Put
Buy
50.78%
Sell
49.22%
0
1000000
2000000
3000000
4000000
5000000
6000000
5
6
0
0
5
7
0
0
5
8
0
0
5
9
0
0
6
0
0
0
6
1
0
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6
2
0
0
6
3
0
0
6
4
0
0
6
5
0
0
6
6
0
0
Call Put
FIIs are net buyer in (F&O segment) last
session by INR 395.31 crores.
Nifty Mar futures closed at a premium of
18.00 points.
Maximum Call for Mar month stands at the
levels of 6300.
Maximum Put for Mar month stands at the
levels of 6200.
Nifty is down by 0.88% and open interest
shed by 1.84%.
REC0MMENDATIONS:






































































































ITC View: Bullish CMP: 330.30
On the daily chart, stock closes on upside range.
Momentum oscillators are neutral to positive.

We recommend to:
Buy Mar 340 Call at 3.60-3.80
Target: 8.00
Stop Loss: 2.20
Lot size: 1000

JINDALSTEL View: Bullish CMP: 244.05
On the daily chart, stock closes above 20 days moving
average. Momentum oscillators are neutral to positive.

We recommend to:
Buy Mar 250 Call At 7.00-7.20
Target: 14.00
Stop Loss: 5.60
Lot size: 1000


SBIN View: Bearish CMP: 1509.40
On the daily chart, stock makes upside shadow in
last session. Momentum oscillators are neutral to
negative.

We recommend to:
Buy Mar 1450 Put At 22.00-22.50
Target: 55.00
Stop Loss: 12.00
Lot size: 125







STOCKS TREND ON DAILY CLOSING LEVELS FOR SHORT TERM
STOCKS
CLOSING
PRICE TREND
DATE TREND
CHANGED
RATE TREND
CHANGED
CLOSING
STOP LOSS
S&P Nifty 6221 UP 10.09.13 5897 5900
CNX IT Index 10209 Up 12.07.13 7249 9400
CNX Bank Index 10652 Down 29.01.14 10438 11000
A.C.C 1102 UP 28.02.14 1108 1040
AMBUJA CEMENT 167 Down 14.01.14 168 180
ASIANPAINT* 472 UP 20.09.13 491 455
AXIS BANK 1254 UP 02.12.13 1187 1060
BAJAJ AUTO 1919 Down 03.02.14 1829 1970
BANKBARODA 543 Down 30.01.14 532 620
BHARTI ARTL 286 Down 16.12.13 314 320
BHEL 163 UP 05.09.13 138 148
BPCL * 377 UP 30.10.13 362 320
CAIRN 328 Up 26.08.13 317 305
CIPLA 376 Down 13.02.14 381 400
COALINDIA 245 Down 17.01.14 272 280
DLF 139 Down 27.01.14 140 160
DRREDDY 2818 Up 17.07.12 1705 2400
GAIL 369 UP 20.09.13 342 320
GRASIM 2525 Down 03.02.14 2502 2700
HCL TECH 1504 Up 24.01.12 427 1200
H.D.F.C 816 Up 19.09.13 832 760
HDFC BANK 665 UP 11.10.13 660 600
HEROMOTOCO 1957 Up 26.07.13 1869 1850
HINDALCO 106 Down 04.02.14 102 108
HINDUNILVR 543 Down 16.08.13 599 610
ICICI BANK 1027 Down 30.01.14 981 1060
IDFC 95 Down 27.01.14 92 105
INDUSIND 391 Down 29.01.14 380 430
INFOSYS 3795 Up 12.07.13 2804 3500
ITC 329 DOWN 06.11.13 319 330
JIND STL & PWR 242 Down 13.02.14 234 260
JP ASSOCIATES 40 Down 27.01.14 40 50
KOTAK BANK 669 Down 27.01.14 656 730
LT 1098 UP 19.09.13 890 1020
LUPIN 980 UP 04.09.13 879 820
M&M 952 UP 29.10.13 901 830
MARUTI 1583 Down 28.01.14 1543 1700
NMDC 129 UP 26.09.13 127 125
NTPC 111 Down 03.01.14 132 135
ONGC 291 UP 31.10.13 293 268
PNB 539 UP 01.11.13 571 500
POWERGRID 95 Down 14.02.13 106 105
RANBAXY 360 UP 19.02.14 361 330
RELIANCE 804 Down 30.01.14 826 860
SBI 1516 Down 16.12.13 1730 1760
SESAGOA 174 Down 03.03.14 174 194
SUN PHARMA 625 UP 25.10.11 250 540
TATA MOTORS 409 UP 19.08.13 302 330
TATA POWER 78 Down 22.01.14 77 84
TATA STEEL 344 Down 28.02.14 344 380
TCS 2232 Up 15.01.13 1338 2040
ULTRACEMCO 1828 UP 25.02.14 1863 1750
WIPRO 585 UP 27.09.13 - 520
Note: These levels should not be confused with the weekly trendsheet which is sent in weekly magazine in the name of "Money Wise"





































For Any Query or Suggestions email at
researchfeedback@smcindiaonline.com

Analyst
Dinesh Joshi dineshjoshi@smcindiaonline.com
Dhirender Singh Bisht dhirenderbisht@smcindiaonline.com


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