27th JULY

2015

Good morning to all

CAPITALSTARS INVESTMENT ADVISORS

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MARKET SNAPSHOT
SYMBOL

OPEN

HIGH

LOW

CLOSE

CHANGE

NIFTY

8588

8589

8513

8521

-0.79%

SENSEX

28390

28402

28083

28112

-0.91%

Nifty levels:
Nifty spot close @8521
Nifty future close @8540
SYMBOL
NIFTY SPOT
NIFTY
FUTURE

S1
8493
8510

S2
8465
8480

PIVOT
8541
8554

R1
8569
8584

Todays view on Nifty

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R2
8617
8628

Nifty future closed around its suppot level, no selling remain above 8520 keep buying, we
may see buying from lower level.

Bank Nifty levels:

Bank nifty spot close @18640
Bank nifty future close @18895

SYMBOL

S1

S2

PIVOT

R1

R2

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BANKNIFTY
SPOT
BANKNIFTY
FUTURE

18555

18470

18697

18782

18924

18581

18483

18744

18842

19005

View on Bank nifty

Profit booking is expected from upper level, keep buy on dips. No selling above 18300
please.

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MARKET
COMMENTERY
Market
Commentary
Key benchmark indices dropped sharply on last trading day of the week. After trading
with small losses in first half of the day's trade, key benchmark indices extended fall and
hit fresh intraday low in late trade. The barometer index, the S&P BSE Sensex was
provisionally off 229.67 points or 0.81% at 28,141.17. The market breadth indicating the
overall health of the market was negative. Key benchmark indices edged lower today, 24
July 2015, as complete washout of Lok Sabha proceedings in the first week of the
monsoon session, because of a political tussle between the National Democratic Alliance
(NDA) government and the Congress party triggered concerns about the passage of key
reform bills.

STOCK BUZZ
Axis Bank's gross non-performing assets on absolute basis edged higher to Rs
4251.18 crore as on 30 June 2015 from Rs 4110.19 crore as on 31 March 2015 and Rs
3463.27 crore as on 30 June 2014. The ratio of gross non-performing assets to gross
advances stood at 1.38% as on 30 June 2015, higher than 1.34% each as on 31 March
2015 and 30 June 2014. The ratio of net non-performing assets to net advances
stood at 0.48% as on 30 June 2015, higher than 0.44% each as on 31 March 2015 and
30 June 2014.
ABB India's revenue rose 6.03% to Rs 1932 crore in Q2 June 2015. The company said
the growth in revenue was on account of efficient execution and conversion of order
backlog across divisions. ABB India said that over the years, the company's initiatives
towards operational excellence have been yielding results, fortifying profit margins.

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HOT PURSUIT
Meanwhile, the Ministry of Water Resources said today, 24 July 2015, that water storage
available in 91 important reservoirs of the country as on 16 July 2015 was 58.96 billion
cubic metres (BCM) which is 37% of total storage capacity of these reservoirs. This storage
is 115% of the storage of corresponding period of last year and 108% of storage of average
of last ten years. The present storage position during current year is better than the
storage position of last year and is also better than the storage of average of last ten
years. The total storage capacity of these 91 reservoirs is 157.799 BCM which is about 62%
of the total storage capacity of 253.388 BCM which is estimated to have been created in
the country.
Greece yesterday, 23 July 2015 reportedly moved another step closer to receiving its third
bailout package, after the country's parliament approved a second set of economic
overhauls required by lenders. The legislative approval is a precondition by the Greece's
international creditors for starting official negotiations on the 86-billion-euro ($94.51
billion) aid program, aimed at helping the country stave off a debt default and get back on
an economic-growth track.

OPTION STRATEGY
In todays session we have seen put writing in nifty 8500 put so we can consider this as a strong
support.
RELIANCE 1020/1000 calls were so active, we have seen good rally in stock more upside is
expected as remain above 1020, we may see 1100/1120 level in coming days.
AXIS BANK 590/600 calls were so active, more buy side is expected, major resistance for the
stock will be 611 once close above this level we may see 630/640 level.

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STOCKS TO WATCH

TATAMOTORS:
Buy TATAMOTORS above 395 stock may show some good rally we may see 410/420
level in coming days.

CEAT
Buy CEAT above 760 stock may show 790/800 level, remain below 760 more down
side is expected.

ACC:
Sell ACC below 1460 we may see 1420/1390 level as remain below 1460 levels.

TOP PICKS OF THE DAY

BUY RELIANCS ABOVE.? TGT..?STOP LOSS?
BUY ICICI BANK ABOVE..?...TARGET.?..STOPLOSS?
SELL VOLTAS BELOW.? STOCK MAY SHOW 290/280 LEVEL IN COMING DAYS
WITH STOP LOSS?
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EXECUTIVES

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