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08 FEB 12 FEB 2016
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MARKET GOSSIPS

Market gains for the second straight week; Nifty ends

above 7450 mark.
IT stocks trades were mixed ahead of the US jobs data.
Eicher Motors surged 8% after Q4 profit zooms 76 pct
on Royal Enfield boost.
Lupin posted 12% fall in Q3 net profit to Rs 530 crore;
Revenue up 11.9%.
Dishman Pharma gains 9% after reported robust Q3
numbers; net profit up 101.2% to Rs 16.1 crore.
Tata Steel tanks post Q3 figures, analysts maintain sell
rating.
Cox & Kings Q3 net profit stood at Rs 106.7 crore from
net loss of Rs 14 crore.
Bosch Ltd shares tanks despite company its net profit
doubled to Rs 220.77 crore.
Cadila Healthcare gains nearly 5% after Q3 profit jumps
38%.
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NIFTY WEEKLY

Support & Resistance

CLOSE

S2

S1

CRUCIAL POINT

R1

R2

7430.70

7230

7370

7620

7670

7780

Weekly market view

Markets moved on a mixed note for the week on back of economic

uncertainties and volatility in Crude Oil prices, however managed to close the
week in green on Rupee appreciation in last two sessions. Nifty future has
been showing sideways trend since last few weeks and now again, 7620 is
seen as crucial as well as important resistance for the index as on weekly
charts positive breakout is expected if it sustains above the trend line acting
as resistance as shown above. On lower side, 7370 may again give support to
the index. Key economic data in upcoming week are IIP and CPI on Friday.

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INDEX

VALUE

PTS

SENSEX

24616

254

1.03

NIFTY

7489

74

0.98

BANK NIFTY

15162

360

2.34

INDIA VIX

18.11

-0.87

-4.80

FII

DII

DATE

(Figures are in Rs. cr.)

(Figures are in Rs. cr.)

01-FEB-16

253.88

-535.70

02-FEB-16

-113.98

-323.23

03-FEB-16

-357.13

-144.78

04-FEB-16

-195.92

476.44

05-FEB-16

-606.83

760.02

Indices Change

Top Nifty Losers ( Weekly)

Top Nifty Gainers (Weekly)

ABB INDIA

1130.7

P.
Close
971.85

VEDANTA

73.85

63.85

15.66

CROMPGREAV

126.90

172.75

26.54

VAKRANGEE

207.95

180.50

15.21

SYNDICATE BANK

59.70

74.05

19.38

YES BANK

777.35

677.25

14.78

WOCKPHARMA

1045.95

1221.0

14.34

SKSMICRO

565.35

497.40

13.66

NTPC

124.70

143.40

13.04

Scrip

Price

STOCK

Scrip

Price

16.35

JUST DIAL

570.05

784.65

27.35

CALLS OF THE COMMENTS

WEEK

HEROMOTOCO(FUT)

BUY

ABOVE 2602 TARGETS 2625-2650 SL 2560.

HEXAWARE(EQ)

BUY

ABOVE 249.40 TARGETS 255-261 SL 240.50.

ST

LAST UPDATE

TVSMOTOR EQ BUY CALL 1 TARGET ACHIEVED.

LAST UPDATE

VOLTAS EQ BUY CALL SL TRIGGERED.

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P. Close

WEEKLY
PICK
NIFTY FUT.

TECHNICAL VIEW

YESBANK EQ SUSTAINED ABOVE THE TREND LINE AFTER STRONG PULL BACK
AND CLOSED HIGHER; HENCE, BUYING CAN BE SEEN IN THE STOCK.
BUY ABOVE 790 TARGETS 815-840. MAINTAIN SLOF 750.

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DISCLAIMER

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