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W EE E K L Y
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25 MAY 29 MAY 2015
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MARKET GOSSIPS

Market ends higher led by defensive stocks; Nifty

ends above 8450.

SBI Q4 net up by 23% stood at Rs 3742

crore. NPA improved.
Tata Power will be replaced against Lupin in
Sensex. Lupin gains.
MCX shares dips as FMC rejects proposal to
appoint Bala as MD.
Ceat LTD reported 50% rise in Q4 net profit
at Rs 94 crore.
Suven received product patents from Mexico
and Singapore.
Adani group shares were in demand; Adani
Enterprises hits fresh high.
Infinite locked with lower circuit on weak
FY16 guidance.
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NIFTY WEEKLY

Support & Resistance

CLOSE

S2

S1

CRUCIAL POINT

R1

R2

8452.05

8190

8290

8350

8530

8650

Weekly market view

Markets after previous week closing (reversal candlestick pattern) on

weekly charts favored the bulls with support of strong global markets
which pulled the indices to close with gain of more than 2%. Nifty future on
daily charts is running in downward channel pattern and closed near to the
resistance of upper band below the 100 day EMA. In the coming week, it is
likely to face strict resistance around 8500 and sharp selling can be seen
once it falls below the immediate and crucial support of 8350 and may drag
towards the next important support of 8260.

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MARKET WATCH

INDEX

VALUE

PTS

SENSEX

27957

633

2.31

NIFTY

8458

196

2.37

BANK NIFTY

18433

250

1.37

INDIA VIX

16.94

-2.87

-14.48

(Figures are in Rs. cr.)

18-MAY-15

-202.12

618.54

19-MAY-15

48.06

451.02

20-MAY-15

123.49

103.58

21-MAY-15

-186.26

404.01

22-MAY-15

211.42

237.62

Top Nifty Losers ( Weekly)

1193.7

P.
Close
1024.0

STAR

16.57

65.20

57.45

Price

JAIN IRRIGATION

DII

(Figures are in Rs. cr.)

Top Nifty Gainers (Weekly)

Scrip

FII

DATE

Indices Change

Scrip

Price

P. Close

NCC

84.70

101.95

16.92

13.49

JP ASSOCIATES

17.85

19.60

8.93

VOLTAS

319

281.6

13.28

HDIL

106.75

115.95

7.93

JUBILANT FOOD

1750.6

1569.6

11.53

PIDILITE IND

548.75

595.40

7.84

APLLTD

541.6

489.2

10.71

JK TYRE

111.7

120.70

7.46

STOCK

CALLS OF THE COMMENTS

WEEK

FRL(EQ)

BUY

ABOVE 125 TARGETS 128-131.20 SL 120.

LUPIN(EQ)

BUY

ABOVE 1747 TARGETS 1780-1820 SL 1695.

LAST UPDATE

CAIRN FUT SELL CALL MADE LOW OF 195.20.(REC@ 197.75).

LAST UPDATE

HINDPETRO EQ BUY CALL FINAL TARGET ACHEIVED.

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WEEKLY
PICK
NIFTY FUT.

TECHNICAL VIEW

DRREDDY EQ LAST WEEK TRADED AROUND STRONG RESISTANCE LEVELS ON

DAILY CHARTS AND IS EXPECTED TO GIVE POSITIVE BREAKOUT.
BUY ABOVE 3693 TARGETS 3800-3920. MAINTAIN SL OF 3570.

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