2. www.trifidresearch.com
MARKET GOSSIPS
Nifty, Sensex gains for the second
consecutive week.
IT stocks were in demand; Accenture raises
guidance for 3rd time.
Shriram Transport gains as board approves
merger of Shriram Equipment Finance with
itself.
Alembic pharma received tentative nod for
Celecoxib from USFDA.
Reliance Comm gains 6 percent on multiple
block deals.
Shares of India Cement moved higher by 8
percent on fund buying.
SRF rallied hits fresh high after Govt
extended the anti-dumping duty.
3. www.trifidresearch.com
Support & Resistance
CLOSE S2 S1 CRUCIAL POINT R1 R2
8381.65 8090 8250 8530 8530 8640
Weekly market view
Markets witnessed a good start in the previous week and were able to
sustain on higher levels and closed the week on a strong note. Nifty future
on its weekly charts had closed above the trend line which was acting as
strict resistance for it. But, 200 day SMA i.e. around 8400 is also acting as a
hurdle for the index. On global front, Greece debt issue is key event which
may affect market volatility in the coming week because if Greece failed to
meet its debts (euro 1.6 bn) then nifty may fall towards deeper supports
around 8200. However, if there is good news from Greece then index may
cheer and move towards the next resistance range of 8530-8600.
NIFTY WEEKLY
4. www.trifidresearch.com
DATE
FII
(Figures are in Rs. cr.)
DII
(Figures are in Rs. cr.)
22-JUNE-15 651.31 -94.03
23-JUNE-15 -374.97 404.20
24-JUNE-15 92.57 13.52
25-JUNE-15 280.21 -8.45
26-JUNE-15 -203.74 234.21
Indices Change
INDEX VALUE PTS %
SENSEX 27811 495 1.77
NIFTY 8381 157 1.87
BANK NIFTY 18371 451 2.45
INDIA VIX 15.76 0.68 4.31
Top Nifty Losers ( Weekly)
Scrip Price P. Close %
ESSAR OIL 135.70 158.20 14.22
BAJAJ ELEC 271.9 300.05 9.38
OBEROI REALTY 278.40 301.05 7.52
KPIT 93.55 100.15 6.59
SUN TV 290.05 309.25 6.21
Top Nifty Gainers (Weekly)
Scrip Price
P.
Close
%
IBREALEST 57.60 41.95 37.31
RAJESH EXPORTS 314.70 257.65 22.14
AMTEK AUTO 157.75 133.65 18.03
ESCORTS 124.15 106.40 16.68
INDIA CEMENTS 94.45 81.35 16.10
STOCK COMMENTS
HINDPETRO(FUT) BUY ABOVE 745.20 TARGETS 755.50-766 SL 730.
TECHM(FUT) SELL BELOW 517 TARGETS 505-492 SL 532.
LAST UPDATE CENTURYTEX EQ BUY CALL 1
ST
TARGET ACHIEVED.
LAST UPDATE TVSMOTOR EQ BUY CALL 1
ST
TARGET ACHIEVED.
MARKET WATCH
CALLS OF THE WEEK
5. www.trifidresearch.com
LUPIN EQ HAD CLOSED AROUND THE RESISTANCE WHICH IT IS FACING SINCE
LAST FEW WEEKS AND IS EXPECTED TO GIVE POSITIVE BREAKOUT.
BUY ABOVE 1855 TARGETS 1915-1980. MAINTAIN SL OF 1785.
NIFTY FUT.
TECHNICAL VIEW
WEEKLY
PICK
