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S2
Maarket Outloook
29th Jan 20115
NIF
FTY SLIPS BEFORE 15 POIN
NTS OF 9000; STOP
S
FOR LO
ONG POSITION
N NOW 8870 FO
OR SHORT TE
ERM TRADER
RS AND 8825
FOR INTERMED
DIATE TRADER
RS; EXPECT VOLATILITY
V
AS TOMORRO
OW IS F&O EX
XPIRY.
•
•
•
Bank Nifty traded very choppy todayy. Prices havee made its hiigh above 209900 but did not
n sustain thhere and closeed
below 20500. The index has seen a raally of almostt 2300 in last 10 trading daays without any
a correctionn. After suchh a
big rally, prrices tend to consolidate
c
orr correct. We are expectingg a trading rannge at currentt levels. So itt is wise to takke
profits from
m long position
n (if you havee any) and waait for some patterns
p
to be developed foor fresh tradinng opportunityy.
CNX IT hass seen an up move
m
today. Now
N the suppport comes at 11550. A cloose below thiss support willl tell us that thhe
short term trend is now changes
c
to doownside. As of
o now trend is up and wee should look for a buying opportunity in
IT STOCKS
S with small volume.
v
A cloose above thee resistance att 11900 may give us a buyying opportunnity with highher
volume.
Trend is dow
wn in STEEL
L sector. Pricees have seen a minor correection. That coorrection seem
ms over now.. We may seee a
decline in thhis sector. Sttocks in this sector are off
ffering us a shhorting opporrtunity. JIND
DALSTEEL iss consolidatinng
inside a rangge. Avoid thiis stock for TR
RADING. TA
ATASTEEL and
a SAIL is trading
t
insidee a range. A breakdown
b
maay
give us a shhorting opporttunity in thesee two stocks. JSWSTEEL has seen a brreakdown from a bearish flag.
f
Look forr a
short sellingg in this stock
k.
SCRIP
LTP
DESCRIPTION
Bata India
1445
Trend is up in BATAINDIA. Prices have seen a minor correction and find support at 1430. Prices
have begin an upside move from that support. We may see a rally in this STOCK. Buy this stock
above 1450. If this trade executes then place your stop just below 1425 and a target near 1500.
HeroMotoco
2864.50
HEROMOTOCO has seen a deep correction. Prices have find support near 2800. After that prices
begin TRADING narrow. We may see a breakout in this stock. Buy this stock above 2880. If this
trade executes then place your stop just below 2840 and a target near 2980
JSWSteel
992.45
Trend is down in JSWSTEEL. Prices have seen a minor correction. That correction has taken a shape
of bearish flag. Prices have broken down from this pattern. We may see a decline. Sell this stock
below 990. If this TRADE executes then place your stop just above 1005 and a target near 960.
TCS
2533.40
Short Term Trend is up in TCS. Prices are consolidating. Inside this consolidation, prices are
narrowing day by day. We may see a big up move in this stock. Buy this stock above 2550. If
this TRADE executes then place your stop just below 2500 and a target near 2650.
Key Dates
•
•
FOMC meet on 30th Jan
Monetary Policy on 3rd Feb 2015
Corporate News
•
Private refiners Reliance Industries Ltd and Essar Oil Ltd are competing with state refiners to sell diesel to Indian
Railways, Indian Railways, the biggest client for diesel, consumes up to 2.5 million tonnes of the fuel each year.
•
The Food Ministry is in favour of extending export subsidy for only 1.4 million tonnes of raw sugar in the ongoing
2014-15 marketing year
•
Suzuki Motor started construction of a manufacturing plant in Gujarat that Chairman Osamu Suzuki called the start
of a "new era" for the Japanese carmaker. Suzuki plans to supply vehicles made at the factory to local unit Maruti
Suzuki, a proposal that is staunchly opposed by some of the Indian company's minority shareholders.
•
After having entered the branded grapes segment last year, Rallis India, the cropcare company from Tata enterprise,
along with group company Star Bazar will launch branded pomegranates in March.
•
The Cabinet Committee on Economic Affairs on Wednesday approved HDFC Bank's capital-raising plan that would
result in an inflow of foreign investment worth Rs 10,000 crore. HDFC Bank's rights offer has been cleared on the
condition that the total foreign holding in the bank will not exceed the 74% sectoral cap after issuing equity shares to
non-resident Indians, foreign institutional and foreign portfolio investors.
•
The Cabinet Committee on Economic Affairs approved pharmaceutical major Lupin's proposal to raise the foreign
institutional investment limit to 49% from 33%
Source: Economics Times, Business Standard Board Meetings
Scrip Name
Purpose
Meeting Date
Scrip Name
Purpose
Meeting Date
3MINDIA
Results
29-Jan-15
KOKUYOCMLN
Results
29-Jan-15
AKZOINDIA
Results
29-Jan-15
KOVAI
Results
29-Jan-15
ARTIBIOIN
Results
29-Jan-15
KREONFIN
General Results
29-Jan-15
ASHOKLEY
Results
29-Jan-15
LKPFIN
Results/Div
29-Jan-15
ASHRAM
General Results
29-Jan-15
MACKINN
Results
29-Jan-15
ASIANPAINT
Results
29-Jan-15
MICROSEC
Results
29-Jan-15
ASSAPET
Results
29-Jan-15
MPSLTD
Results/Div
29-Jan-15
BHARAT
General Results
29-Jan-15
NAGPI
Results
29-Jan-15
BLUEDART
Results
29-Jan-15
NATCAPSUQ
Results
29-Jan-15
CARBORUNIV
Results/Div
29-Jan-15
NATNLSTEEL
Results
29-Jan-15
CITYMAN
Results
29-Jan-15
NATPLY
Results
29-Jan-15
COROENGG
Results
29-Jan-15
OILCOUNTUB
Results
29-Jan-15
COUNTNDEN
General Results
29-Jan-15
OMAXE
Results
29-Jan-15
DALMIABHA
Results
29-Jan-15
ONELIFECAP
General Results
29-Jan-15
DHPIND
Results
29-Jan-15
ORIENTBANK
Results
29-Jan-15
DRREDDY
Results
29-Jan-15
OUDHSUG
Results
29-Jan-15
EIHAHOTELS
Results
29-Jan-15
PALRED
General Results
29-Jan-15
ELEMARB
Results
29-Jan-15
PHOENIXTN
Results
29-Jan-15
ESABINDIA
Results
29-Jan-15
PILANIINV
Results
29-Jan-15
ESSELPRO
Results
29-Jan-15
PNBGILTS
Results
29-Jan-15
FORTUNEF
Results
29-Jan-15
PODARPIGQ-$
Results
29-Jan-15
FULFORD
Results
29-Jan-15
RATNAMANI
Results
29-Jan-15
GANDHITUBE-$
Results/Div
29-Jan-15
RISHDIGA-$
Results
29-Jan-15
GCCL
Results
29-Jan-15
ROHLTD
Results
29-Jan-15
Corporate Actions
Scrip Name
Purpose
Ex Date
Scrip Name
Purpose
Ex Date
CENTURYPLY
Interim Dividend - Rs.0.75
29-Jan-15
AARTIDRUGS
2nd Interim Dividend - Rs.-
4-Feb-15
DBCORP
Interim Dividend - Rs.3.50
29-Jan-15
EDELWEISS
Interim Dividend - Rs.0.80
4-Feb-15
HATSUN
Interim Dividend - Rs.0.60
29-Jan-15
HCLTECH
Interim Dividend - Rs.-
4-Feb-15
IBSEC
3rd Interim Dividend - Rs.1.00
29-Jan-15
MRF
Final Dividend - Rs.44.00
4-Feb-15
IBULHSGFIN
3rd Interim Dividend - Rs.9.00
29-Jan-15
NTPC
Interim Dividend - Rs.-
4-Feb-15
NHPC
Interim Dividend - Rs.0.20
29-Jan-15
ORIENTCEM
Interim Dividend - Rs.0.75
4-Feb-15
PERSISTENT
Interim Dividend - Rs.10.00
29-Jan-15
ISFT
Interim Dividend - Rs.1.00
5-Feb-15
ZENSARTECH
Interim Dividend - Rs.4.50
29-Jan-15
MOSCHIP
Reduction of Capital
5-Feb-15
AUTOAXLES
Final Dividend - Rs.2.50
30-Jan-15
MOTILALOFS
Interim Dividend - Rs.-
5-Feb-15
ACGL-$
Interim Dividend - Rs.2.50
2-Feb-15
WALCHANNAG
Dividend - Rs.0.40
5-Feb-15
ASAHISONG
Scheme of Arrangement
2-Feb-15
MARICO
2nd Interim Dividend - Rs.-
6-Feb-15
GANDHITUBE-$
Interim Dividend - Rs.-
2-Feb-15
TVSMOTOR
Interim Dividend - Rs.-
6-Feb-15
POLYMED
Stock Split from Rs. 10/- to Rs.5/-
2-Feb-15
SUNCLAYLTD
Interim Dividend - Rs.-
9-Feb-15
TORNTPHARM
Interim Dividend - Rs.-
2-Feb-15
GAIL
Interim Dividend - Rs.-
10-Feb-15
Private circulation only:
Disclaimer; the recommendation made herein do not constitute an offer to sell or a solicitation to buy any of the securities mentioned. Readers using the information contained herein are solely responsible for their actions.
The information and views contained herein are believed to be reliable but no responsibility or liability is accepted for errors of act or opinion. Analysts may or may not have trading or investment positions in the securities mentioned herein.

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