www.trifidresearch.

com

R E E K L Y W E P 03 March 07 March 2014 O R T

www.trifidresearch.com

MARKET GOSSIPS

Sensex sets another record closing high, Nifty above 6500. S&P 500 ends at another record after strong jobs data. FTIL appoints JM Financial to facilitate stake sale in MCX. Justdial's officials sell 4,506 shares worth Rs 76.33 lakh. Reliance MediaWorks' promoters make delisting offer.

www.trifidresearch.com

NIFTY WEEKLY

Support & Resistance

CLOSE 6549.70 S2 6290 S1 6400 CRUCIAL POINT 6650 R1 6650 R2 6780

Weekly market view

Markets hit record highs with weekly gain of around 4% led by strong global cues and aggressive buying by FIIs. Nifty future on daily charts gave breakout of downward channel pattern and closed above 6500. Breakout of this channel may take it towards the next crucial resistance of 6650.However, profit booking is expected at these higher levels and IIP and Inflation data in the coming week may result in volatile movements due to which some correction may occur where index may find strong support around 64006360.

www.trifidresearch.com

MARKET WATCH

Indices Change
INDEX VALUE PTS %

DATE
03-MAR-14 04-MAR-14 05-MAR-14 06-MAR-14 07-MAR-14

(Figures are in Rs. cr.)

FII

(Figures are in Rs. cr.)

DII

198.53 185.61 737.29 1272.93

1566.31 -344.50 -201.85 -567.10

SENSEX NIFTY BANK NIFTY INDIA VIX

21919 6526 11884 16.72

799 250 1120 2.55

3.78 3.98 10.40 17.99

2577.44

-669.58

Top Nifty Gainers (Weekly)

Scrip Price 124.65 375.70 106.50 93.45 301.80

Top Nifty Losers ( Weekly)

% 26.23 24.26 22.13 21.28 21.03 Scrip Price 2649.30 741.10 375.05 565.55 836 P. Close 3035.30 796.65 397.70 595.15 877.80 %
12.72 6.97 5.70 4.97 4.76

HINDALCO YESBANK INDIANBANK IRBINFRA ADANIENT

P. Close 98.75 302.35 87.20 77.05 249.35

GLAXO GODREJCONS AMARARAJA WIPRO IPCALAB

STOCK
BATAINDIA HDFC LAST UPDATE LAST UPDATE

BUY/SELL
BUY BUY

CALLS OF THE COMMENTS WEEK

ABOVE 1091 TARGETS 1110-1130 SL 1065. ABOVE 870 TARGETS 882-895 SL 853. DELTACORP BUY CALL 1 TARGET ACHIEVED. RANBAXY BUY CALL CLOSED @ COST.
ST

www.trifidresearch.com

WEEKLY PICK NIFTY FUT.

TECHNICAL VIEW

HDFCBANK FUTURE ON WEEKLY CHARTS CONSOLIDATED AROUND ITS RECORD HIGHS AND IS EXPECTED TO GIVE A POSITIVE BREAKOUT. BUY ABOVE 727.25 TARGETS 748-770. MAINTAIN SL OF 705.

www.trifidresearch.com

DISCLAIMER

WWW.TRIFIDRESEARCH.COM

www.trifidresearch.com