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145
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W EE E K L Y
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23 MAY 27 MAY 2016
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MARKET GOSSIPS

Market post weekly loss amid Fed rate hike talk; Nifty
ends below 7750 mark.
Britannia Q4 net up 14 percent to Rs 190 crore, excise duty
phase-out hurts; stock tanks.
Lupin shares tanks more than 9 percent on FDA concerns.
Power Grid gains in an otherwise market as stock to
replace BHEL on Sensex from June 20.
ITC posted Q4 net profit up by 6%, revenue increased 9%;
cigarette biz steady.
IDBI reported loss in its Q4, loss stood at Rs 1736 crore;
provisions up 159%; NPA spikes.
KTK Bank net tanks 20 percent on high provisions, NPA
improves; stock gains.
Pidilite Industries shares soars in a negative market on the
back of strong Q4 numbers.
SpiceJet plans to order over 100 narrow-body aircraft as
per media reports.

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NIFTY WEEKLY

Support & Resistance

CLOSE

S2

S1

CRUCIAL POINT

R1

R2

7763.35

7550

7680

7680

7870

8000

Weekly market view

Markets traded with negative sentiments last week although some strength
was seen in initial part of the week but indices were mainly hit after the US
Fed minutes which indicated interest rate in June and depreciating Rupee too
aided the sentiments. Nifty has been moving in extreme sideways manner
and had acquired a range of 7950-7750 since past few weeks and hence it
needs a breakout on either side to decide the further trend. Index may find
reversals around 7700-7680 and may again move northwards towards 7870
while any holding below 7680 can be a weak sign for the index. Volatility can
be seen due to F&O Expiry in this week.

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INDEX

VALUE

PTS

SENSEX

25301

-188

-0.74

NIFTY

7749

-64.3

-0.83

BANK NIFTY

16481

-235

-1.43

INDIA VIX

16.42

-0.57

-3.47

FII

DII

DATE

(Figures are in Rs. cr.)

(Figures are in Rs. cr.)

16-MAY-16

-79.84

-127.91

17-MAY-16

-224.97

384.67

18-MAY-16

-250.70

239.91

19-MAY-16

-764.58

1483.65

20-MAY-16

-743.86

597.49

Indices Change

Top Nifty Losers ( Weekly)

Top Nifty Gainers (Weekly)

IBREALEST

91.30

P.
Close
79.75

GATI LTD

130.75

114.85

13.84

BANKBARODA

135.55

154.95

12.52

HDIL

93.70

82.90

13.03

CASTROLIND

373.90

423.55

11.72

POLARIS

197.40

187.40

5.34

UNIONBANK

105.70

115.95

8.84

KSCL

428.75

407.70

5.16

DHFL

187.10

203.80

8.19

Scrip

Price

HDF

Scrip

Price

14.48

TORNTPOWER

194.55

227.10

14.33

CALLS OF THE COMMENTS

WEEK

LT(FUT)

SELL

BELOW 1248 TARGETS 1234-1220 SL 1268.

TVSMOTOR(EQ)

BUY

ABOVE 302 TARGETS 308-314 SL 293.

LAST UPDATE

BANKINDIA FUT SELL CALL FINAL TARGET ACHIEVED.

LAST UPDATE

INDUSINDBK EQ BUY CALL 1 TARGET ACHIEVED.

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P. Close

ST

WEEKLY
PICK
NIFTY FUT.

TECHNICAL VIEW

MARUTI FUT FOUND CONSTANT SUPPORT OF 100 DAY EMA LAST WEEK AND
WAS ABLE TO SUSTAIN ABOVE; NOW IT IS EXPECTED TO EXTEND ITS GAINS.
BUY ABOVE 3970 TARGETS 4015-4060. MAINTAIN SL OF 3910.

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