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Daily Market Insights

2nd May 2016


4321
Market Snippet

Nifty

Markets opened flat but soon indices went southwards near to


their immediate support levels on back of weak Asian and
European markets, and sentiments were also affected after Bank
of Japan failed to enthuse investors by deciding against any fresh
market stimulus while on domestic front, ICICI Bank posted its
Q4 results which tanks 76% on exceptional provisioning.
However, recovery in the last hour helped the markets to gain
and thus was able to close flat.
On sectoral front, Pharma and Media shares helped the markets
to gain while PSU Banks and IT shares hit the indices.

Indian Markets

influential shareholder Carl Icahn revealed he sold his entire

INDEX
NIFTY
SENSEX
BANKNIFTY
INDIA VIX

stake.

International Markets

Shares of Apple have dropped 11 percent in the past five sessions.

INDEX
DOW
NASDAQ
FTSE
SHANGHAI
NIKKEI

Global Market Updates


European indices also went northwards.
Apple Inc ended its worst week on the stock market since 2013 as
worries festered about a slowdown in iPhone sales and after

. INDEX
NSE

ADVANCE

DECLINE

UNCHANGED

688

832

92

INDEX

ADVANCE

DECLINE

UNCHANGED

BSE

1115

1377

168

%CHANGE
0.03%
0.01%
0.47%
-0.36%

CHANGE
-27.50
-29.93
-80.51
-7.14
-624.44

%CHANGE
-0.15%
-0.63%
-1.29%
-0.24%
-3.75%

Intraday super stars


%CHANGE
1.66%
0.93%
0.92%
0.71%
0.68%

MIDCAP
BATAINDIA
SUNTV
MAX
DLF
MARICO

%CHANGE
5.02%
4.89%
4.63%
3.19%
3.17%

Losers
LARGECAP
JINDALSTEL
CEAT
IDEA
HCL TECH
GEOMETRIC

VALUE
17807.50
4775.36
6241.89
2938.45
16666.05

CHANGE
2.55
3.52
78.1
-0.06

Our previous call updates

Gainers
LARGECAP
BHARTIARTL
BAJAJ AUTO
TCS
BPCL
GRASIM

VALUE
7849.80
25606.62
16795.0
16.53

%CHANGE
-6.56%
-6.39%
-6.28%
-6.20%
-4.69%

MID CAP
JINDALSTEL
BANKINDIA
RCOM
JUBILANT
APOLLOTYRE

%CHANGE
-6.56%
-3.50%
-2.85%
-2.83%
-2.61%

Date
Stocks
Entry
29/04/16 BANKINDIA 95.40
29/04/16 FINANTECH 86.10

Exit
92.45
85.25

P/L
6184
1975

Exit
-

P/L
-

Multibagger
Date
Stock
Entry
29/04/16 JETAIRWAYS
Trifid special
call
Date
Stock
Entry
Exit
28/04/16 JSWSTEEL 1372
1360
For our next calls click here.

www.trifidresearch.com | Email id: info@trifidresearch.com | Toll Free: 1800-270-1410

P/L
-2622

Stock Snippets

DATE: 29/04/16

UPL shares rallied and given breakouts of its important resistance


on daily charts after posted 25 percent rise in net profit which

FII/DII
FII

CASH
-205.3

MTD
2936.28

YTD
348.78

stood at Rs 552.02 crore against Rs 440.06 crore for the same

DII

28.13

-2554.36

4220.34

quarter last year. Total Income from operation rose to Rs 4339.72


crore from Rs 3624.33 crore.

Sectoral picture gainers and losers

Ajanta Pharma gains after reported robust quarter earnings, net

SECTOR

%CHANGE IN
MARKETCAP

ADV.

MEDIA &
ENTERTAINMENT
RETAIL % REAL
ESTATE
UTILITIES
PHARMACEUTICALS

1.28%

17

19

1.25%

23

25

0.71%
0.64%

12
32

14
47

METALS & MINING


TOBACCO
SERVIES
MANUFACTURING
CONSUMER DURABLE
ENGINEERING &
CAPITAL GOODS
BANKING &
FINANCIAL SERVICES
CHEMICALS
TELECOMMUNICATIO
N
MISCELLANEOUS
CONGLOMERATES

061%
0.60%
0.48%
0.30%
0.23%
0.20%

31
3
28
85
6
57

42
2
48
98
6
66

0.19%

60

95

0.01%
-1.95%

47
11

49
15

-1.00
-0.44%

38
4

64
11

profit up 43.4% to Rs 106.3 crore led by lower cost and low base
in year ago period. Revenue rose 14.4% to Rs 426 crore.
ICICI Bank share dips after reported poor numbers, net profit
falling sharply by 76 percent to Rs 702 crore on the back of
exceptional provisioning of Rs 3600 crore.
InterGlobe Aviation posted fourth quarter earnings, in which net
profit up Rs 579.3 crore on revenues of Rs 4090.6 crore while
company had posted Rs 577.3 crore on revenues of Rs 3,823.2
crore for the same quarter last fiscal.
Vedanta reported a consolidated net loss of Rs 11181.26 crore due
to a non-cash impairment charge of Rs 12304 crore largely
relating to Cairn India. Total consolidated income fell 10 percent
to Rs 15979.3 crore from Rs 17804 crore due to fall in oil and
metal prices. It was partially offset by higher volumes.
Global Markets
U.S. stocks fell slightly on Friday as a sell-off in the technology

Stocks breakout on moving average

and health care sectors, as well as a wave of soft economic data


weighed on the major indices.
European shares fell with travel and leisure stocks among the top
losers after updates from British Airways owner IAG and
Restaurant Group.
Japanese stocks gave up early gains and took a u-turn that wiped

STOCKS
TRF
NIIT
SUNTV
PTC
ASHOKLEY

PRICE
328.55
83.50
372.45
64.85
106.80

30DMA
293.53
90.98
363.04
63.58
105.56

out much of the previous week's four-day rally in a single


afternoon after the Bank of Japan disappointed investors by
holding off on expanding monetary stimulus.

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DEC.

Intraday super star calls


(Premium Section)

IOC FUTURE again picked up the momentum after the previous day fall and again is expected to continue the short
rally so observed on daily charts.
BUY ABOVE 440.25 TARGETS 442.10/444.20/446.30 SL 438.

LICHSGFIN FUTURE after the continuous fall in the previous week consolidated around the 100 day EMA and may
show correction on higher side for the coming session.
BUY ABOVE 468.20 TARGETS 470.20/472.20/474.20 SL 465.90.

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Multibagger call
(Premium Section)

GLENMARK FUTURE has traded above the trend line acting as resistance in the previous week and is also hovering around
100 day EMA since last few sessions. If the counter breaches the immediate resistance mark then it may head higher
reaching towards next resistance levels.
BUY ABOVE 844.60 TARGETS 850.60/857. MAINTAIN SL OF 839.90.

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Trifid Special call


(Premium Section)

TCS EQ after finding support of 100 day EMA as seen on daily charts had shown short bull rally since last few successive
sessions towards the trend line acting as resistance as seen in the chart above. This IT stock can further head towards higher
resistance marks if it strongly holds above the level so given.
BUY ABOVE 2553.50 TARGET 2600 SL 2515.

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Major Indices Movement


Nifty Technicals

Nifty opened flat and showed zigzag movement as seen on intraday charts as it found strong support on lower side while
profit booking is still seen at higher levels. Buying sentiments are expected from bottom levels where 7790 is seen as strong
support while 7950-8000 may act as strict resistance range for the index.
Bank Nifty Technicals

Banknifty also found support at lower levels although it remained stronger as compared to Nifty during the session on back
of strength so seen in private banks. Index is moving in a particular wide range of 17070-16470 and it needs a proper
breakout on either sides to decide the trend further.

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Ups and Downs


Stocks at 52 Week High
Stocks
ATUL
BIOCON
INDUSINDBK
JSWSTEEL
PEL

Stocks at 52 Week Low

New 52 W/H
1894.95
589.90
1053.50
1380.00
1209.80

Previous High
1859.00
581.40
1048.60
1376.20
1149.95

Stocks Approaching 52 Week High


Stocks
HDFC BANK
GRASIM
MARICO
BPCL
GNFC

New 52 W/L
1181
173.30
747.20
233.20
10.20

Previous Low
1190
174.00
784.95
233.65
10.65

Stocks Approaching 52 Week Low

LTP
1132.35
4086.75
259.10
978.00
99.55

52W High
1136.70
4147
263.50
994.75
101.40

Stocks rising continuously 3 days


Stocks
TCS
RAJESHEXPO
TATASPONGE
UPL

Stocks
ALKEM
GLOBOFFS
HCLTECH
JKIL
RMCL

Stocks
VIDEOCONIND
IPCALAB
UBL
SBT
INDIA MOTOR

LTP
106.80
497.75
762.15
376.25
681.00

52W Low
104.45
478.60
730.30
360
650.20

Stocks falling continuously 3 days

LTP
2535.50
592.05
576.30
537.90

Stocks
HINDALCO
ICICIBANK
IDBI
MINDTREE

LTP
96.35
236.95
69.35
678.80

Event Calendar( 02nd MAY to 07th MAY 16)


02/05/16 (Mon)
Nikkei Markit
Manufacturing PMI
(Apr) @ 10:30 AM
RESULTS
HDFC,
L&TFIN

03/05/16(Tues)
ADANIPORTS,
CENTURYTEX,
INTELLECT,
MRF,
TVSMOTOR

04/05/16(Wed)
HEXAWARE,
JINDALSTEL,
SKSMICRO

05/05/16(Thur)
EICHERMOTOR,
HERO
MOTOCORP,
NDTV,

06/05/16(Fri)
GEOMETRIC,
NIITTECH,
RELCAPITAL,
SPARC,
SIEMENS,
TITAN,
WOCKPHARMA

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07/05/16(Sat)
-

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