FIRST MORNING TECHNICAL CALL

Tuesday, February 03, 2015

T E C H N I C A L S
MARKET OUTLOOK

MARKETM

NIFTY(8797) CNX NIFTY opened flat to negative on the first trading session of February and broke the crucial support of 8870 level. It observed directionless move
throughout the day as it was swinging between the negative and positive territory and formed a DOJI candlestick pattern showing indecisiveness. It snapped the gains it
made recently, filling the previous gap and settled the day with the loss of 12 points. Now it needs to hold above 8900 levels to break the trend and start fresh rally
towards new higher levels while on immediate basis it has to hold above 8770 zone to bounce back and regain its momentum. On downside major support exists at 8750
zones below that it may drift down towards 8700 levels. Traders are required to remain cautious as market is expected to be volatile ahead of RBI policy and UNION
budget.

CNX NIFTY

COMMENTS

SENSEX (29122)BSE Sensex opened negative and fell down below its
psychological 29000 levels led by losses in FMCG and metal sector stocks.
It remained volatile with negative bias throughout the trading session and
closed with the loss of 61 points. On the downside the immediate support
is at psychological 29000 followed by 28850 levels, whereas on the upside
resistance levels exist at 29350 zones followed by 29500 levels.

S&P BSE~SENSEX

PIVOT TABLE
NIFTY

SENSEX

BANK NIFTY

CNX IT

HIGH

8841

29268

19991

11973

LOW

8751

28959

19565

11848

CLOSE

8797

29122

19866

11944

PIVOT

8796

29116

19807

11921

R1

8842

29274

20050

11995

R2

8886

29426

20234

12046

S1

8752

28964

19623

11870

S2

8707

28807

19380

11797

FIRST MORNING TECHNICAL CALL

Tuesday, February 03, 2015
TECHNICAL CALLS
IDFC: Rs 176
EXECUTION PRICE RANGE
Buy Between Rs. 172 To Rs. 174

STOP LOSS
169.00

TARGET
181.00

IDFC is moving after consolidation of last couple of trading session and

gave multiple breakout on daily, weekly and yearly chart. It has been
forming higher top-higher bottom formation on daily and weekly chart
and gave the highest daily close. Thus, it is showing the potential to
move towards 181 and 190 levels. Traders can buy the stock with stop
loss of 169 for the upside target of 181 levels.

AUROPHARMA: Rs 1264
EXECUTION PRICE RANGE
Buy Between Rs. 1239 To Rs. 1251

STOP LOSS
1220.00

TARGET
1295.00

AUROPHARMA is trading in momentum from last eighteen months and

forming higher highs- higher lows price formation from last four trading
sessions on daily chart. It is registering record lifetime highs even after
selling pressure being witnessed in the broader market and gave the
highest daily close. Traders can buy the stock with stop loss of 1220 for
the upside target of 1295 levels.

FIRST MORNING TECHNICAL CALL

Tuesday, February 03, 2015
TOP OUTPERFORMERS

INDIAN INDICES
INDICES
SENSEX
NIFTY

CHANGE
-60.68
-11.50

CLOSE
29122
8797

SENSEX

% CHG
-0.21
-0.13

SYMBOL
Hindalco
Wipro
L&T
DLF
Sun Pharma

TURNOVER & MARKET CAP

BSE Cash

YEST'DAY
4050

3744

% CHG
8.16

NSE Cash
Derviatives(bn)

21334
1969

24551
5808

-13.10
-66.11

Rs. (Cr.)

PREV.DAY

NIFTY

CLOSE
145.4
625.0
1733.3
172.5
928.8

%
4.01
3.08
1.95
1.59
1.40

SYMBOL
HCL TECH
SIEMENS
AXIS BANK
HINDALCO
WIPRO

CLOSE
1891.0
1096.6
617.3
145.3
625.1

%
5.54
5.22
4.97
3.97
3.06

TOP UNDERPERFORMERS
SENSEX

NIFTY

INSTITUTIONAL ACTIVITIES
DII Equity
FII Equity
FII F&O

-38
-772
-79

-1680
1724
2258

SYMBOL

-97.76
-144.76
-103.52

Bharti Airtel
HUL
ICICI Bank
Jindal Steel
ITC

ADVANCES & DECLINES

EXCHANGE
BSE
NSE

ADV
1628
904

DECLINES
1669
595

CLOSE
34.62
60.00
13.09
12.68
13.66
54.00

PREV.CLOSE
34.08
56.98
12.86
12.01
13.18
50.47

TOP OUTPERFORMERS

% CHG
-1.56
-5.03
-1.76
-5.28
-3.51
-6.54

SECTORAL INDICES
BSE
INDICES
CNX Bank
CNX IT
CNX Reality
CNX FMCG
CNX Infra
CNX Pharma
BSE Auto
BSE Metal
CNX MNC
BSE 500
Nifty Midcap
BSE 100

CLOSE
19866
11944
238
20840
3305
11628
20078
10142
9699
11354
3517
8895

NSE
%
0.11
1.01
0.55
-1.54
0.31
-0.56
0.46
-0.47
-0.36
0.07
-0.36
-0.09

INDICES
BSE MIDcap
BSE SmallCap
BSE 200

CLOSE
10799
11457
3641

%
0.56
1.13
0.00

OTHER IMP.DATA
10 Yr Gsec yield
RS/$
$ Index
Brent Crude ($)
Gold ($)
Silver ($)

PE
NIFTY

%
-3.54
-2.63
-2.60
-2.46
-2.17

SYMBOL
BHARTI
JINDAL STEEL
ICICI Bank
ACC
ITC

CLOSE
359.3
154.8
351.9
1525.0
360.7

%
-3.85
-2.46
-2.45
-2.27
-2.14

BSE 500

TOTAL
3297
1499

INDIAN ADR's
ADR
Infosys
HDFC Bank
Wipro
ICICI Bank
Sterlite Inds.
Dr. Reddy's Lab

CLOSE
359.6
908.3
351.8
154.9
360.6

7.65
61.86
94.67
52.54
1274.59
17.04

CURRENT

AVG

20.4

19.7

SYMBOL
CLOSE
Monsanto India Ltd
3583.9
McNally Bharat Engineering Co Ltd 110.8
Future Retail Ltd
131.6
Jai Balaji Industries Ltd
16.9
Delta Corp Ltd
98.8
Titagarh Wagons Ltd
395.9
Sun Pharma Advanced Research Co361.2
Ltd
IFCI Ltd
40.7
Electrosteel Castings Ltd
17.8
National Fertilizers Ltd
39.2
United Phosphorus Ltd
393.3
S Kumars Nationwide Ltd
3.5
Manappuram Finance Ltd
34.1
Gujarat Fluorochemicals
772.8
Ansal Properties & Infrastructure Ltd 28.2
Sujana Towers Ltd
15.8
HCL Technologies Ltd
1893.5
Hexaware Technologies Ltd
238.0
Siemens India Ltd
1095.2
Whirlpool of India Ltd
710.0
Chennai Petroleum Corp Ltd
81.2
MAX India Ltd
499.2
GVK Power & Infrastructure Ltd
11.1
Shiv-Vani Oil & Gas Exploration Services
10.6
C Mahendra Exports Ltd
13.6

TOP UNDERPERFORMERS
%
13.15
13.12
12.53
11.22
10.46
10.34
9.99
7.96
7.88
7.85
6.88
6.75
6.74
6.69
5.82
5.70
5.54
5.50
5.32
5.27
5.25
5.21
5.09
4.96
4.95

SYMBOL
CLOSE
TVS Motor Co Ltd 286.3
Bilcare Ltd
59.5
Shree Global Tradefin
16.7
Ltd
Asian Paints Ltd 808.2
United Spirits Ltd 3261.7
Magma Fincorp Ltd 98.7
Info Edge India Ltd 807.9
Pidilite Industries Ltd545.1
Mphasis Ltd
347.8
MVL Ltd
0.7
REI Agro Ltd
1.0
Kansai Nerolac Paints
2335.9
Ltd
Bayer CropScience Ltd/India
3465.2
Hindustan Petroleum631.8
Corp Ltd
Bharti Airtel Ltd
359.6
Yes Bank Ltd
832.3
Mangalore Refinery 56.8
& Petrochemicals Ltd
Prestige Estates Projects
266.7Ltd
Divi's Laboratories Ltd
1687.1
Havells India Ltd 251.3
Dr Reddy's Laboratories
3138.5
Ltd
Gujarat State Petronet
116.7
Ltd
Bombay Rayon Fashions
125.8Ltd
Bank of Baroda
187.9
Berger Paints India Ltd
222.8

%
-7.11
-7.04
-6.44
-5.75
-5.60
-5.24
-4.41
-4.32
-4.23
-4.05
-3.88
-3.83
-3.67
-3.63
-3.54
-3.51
-3.48
-3.34
-3.18
-3.10
-3.04
-2.95
-2.93
-2.84
-2.81

FIRST MORNING TECHNICAL CALL

Tuesday, February 03, 2015

TRENDER+ OF NIFTY 50 STOCKS

SCRIP NAME
ACC
AMBUJA CEMENT
ASIAN PAINTS
AXIS BANK
BAJAJ AUTO
BHARTI AIRTEL
BHEL
BPCL
CAIRN INDIA
CIPLA
COAL INDIA
DLF
Dr.REDDY'S LABS
GAIL INDIA
GRASIM INDS
HCL TECH
HDFC
HDFC BANK
HERO MOTOCORP
HINDALCO
HINDUSTAN UNILEVER
ICICI BANK
IDFC
INDUSIND BANK
INFOSYS
ITC
JINDAL STEEL & PWR
JP ASSOCIATES
KOTAK MAHINDRA BANK
LARSEN & TOUBRO
MAHINDRA & MAHINDRA
MARUTI SUZUKI
NMDC
NTPC
ONGC
POWERGRID
PUNJAB NATIONAL BANK
RANBAXY LABS
RELIANCE INDS
RELIANCE POWER
SAIL
SBI
SESA STERLITE
SIEMENS
SUNPHARMA
TATA MOTORS
TATA POWER
TATA STEEL
TCS
WIPRO

OPEN

HIGH

LOW

CLOSE

PIVOT

R1

R2

S1

S2

1555
250
850
586
2390
370
291
746
237
698
354
171
3180
423
3828
1800
1263
1069
2878
140
926
360
173
865
2142
367
159
29
1320
1696
1265
3647
140
144
355
147
190
715
916
65
77
310
200
1042
925
588
91
390
2482
612

1560
251
856
622
2421
373
297
767
238
707
357
174
3184
434
3878
1900
1285
1093
2889
146
930
361
179
879
2152
369
160
29
1360
1740
1285
3725
143
144
358
149
194
729
920
67
78
312
205
1105
944
596
92
395
2521
628

1513
244
804
584
2325
357
290
735
234
691
350
168
3130
423
3800
1796
1244
1052
2810
140
905
350
171
856
2126
359
154
28
1304
1695
1234
3620
140
142
349
146
188
706
906
65
75
305
198
1039
922
581
89
382
2462
609

1525
249
808
617
2349
359
294
749
236
696
355
173
3139
430
3808
1891
1269
1082
2833
145
908
352
176
875
2137
361
155
29
1352
1735
1241
3669
141
142
350
148
192
720
908
66
76
308
198
1097
929
593
91
384
2514
625

1533
248
823
608
2365
363
294
750
236
698
354
172
3151
429
3829
1862
1266
1076
2844
144
914
354
176
870
2138
363
156
29
1339
1723
1253
3671
141
143
352
148
191
718
911
66
76
308
200
1080
932
590
91
387
2499
621

1552
252
842
631
2405
370
297
766
238
704
358
176
3172
435
3858
1929
1288
1099
2878
148
924
359
180
884
2151
367
159
29
1373
1752
1273
3723
143
144
356
149
194
731
917
67
77
311
203
1121
941
599
93
392
2536
632

1580
255
875
645
2461
380
300
782
240
713
361
178
3205
439
3907
1966
1307
1117
2924
150
939
365
184
893
2164
373
163
30
1395
1768
1305
3776
145
146
361
150
197
742
925
68
78
315
208
1146
953
605
94
400
2559
639

1505
245
789
594
2309
353
290
734
233
689
351
169
3118
424
3779
1825
1247
1058
2799
141
899
348
172
861
2125
357
152
28
1318
1707
1222
3618
140
141
346
146
189
707
903
65
75
304
196
1055
920
584
89
379
2477
614

1486
241
770
570
2269
346
287
718
231
682
347
166
3097
419
3751
1758
1225
1035
2765
137
889
343
168
847
2112
353
149
27
1283
1678
1202
3566
138
140
343
145
185
695
897
63
74
301
193
1014
910
575
88
374
2440
602

TRENDER+
Down
UP
Down
UP
UP
Down
Down
UP
Down
UP
Down
Down
UP
UP
Down
UP
Down
UP
Down
Flat
Down
Down
UP
UP
Down
Down
Down
UP
Flat
UP
Down
Down
UP
Down
Down
Down
Down
UP
Down
UP
Down
Down
Down
UP
UP
Down
UP
Down
Down
UP

DAILY PROJECTED RANGE

1542 - 1496
250 - 243
832 - 780
638 - 601
2385 - 2289
366 - 349
299 - 292
774 - 742
237 - 232
701 - 686
360 - 353
177 - 171
3162 - 3108
437 - 427
3843 - 3765
1948 - 1844
1298 - 1256
1108 - 1067
2861 - 2782
149 - 142
919 - 894
356 - 345
180 - 172
888 - 865
2144 - 2118
365 - 355
158 - 151
29 - 28
1384 - 1328
1760 - 1715
1263 - 1212
3750 - 3645
144 - 140
143 - 140
354 - 345
150 - 147
196 - 190
736 - 713
914 - 900
68 - 65
77 - 74
310 - 303
202 - 194
1134 - 1068
947 - 926
602 - 587
92 - 89
389 - 377
2548 - 2488
636 - 617

FIRST MORNING TECHNICAL CALL

Tuesday, February 03, 2015

HOW TO TRADE USING THE TRENDER+

CLOSING PRICES
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.

TREND
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
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.

IF THE TREND IS DOWN

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

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

EXCLUSIVELY USED BY ANAND RATHI

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
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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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