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145
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W EE E K L Y
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04 APRIL 08 APRIL 2016
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MARKET GOSSIPS

Market post first weekly loss in five weekly session

on weak global cues; Nifty manage to closed above
7700 mark.
PSU banks, realty stocks trade firm in an otherwise
market.
Nifty launches new Index for mid cap and small cap
stocks.
Coal India hits 52- weeks low as FY16 production at
536 million tonnes; misses target.
Godrej Consumer Products shares gains as acquires
Strength of Nature.
Tata Motors March sales up by 24% stood at 53057
units; Export up 15%.
Future Lifestyle hikes stake in Mineral Fashions to 52
percent.
Yes Bank announces MCLR for one year at 9.60
percent.
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NIFTY WEEKLY

Support & Resistance

CLOSE

S2

S1

CRUCIAL POINT

R1

R2

7748.75

7430

7600

7860

7860

8000

Weekly market view

Markets continued the bull rally for the fifth consecutive week and closed the
week on strong note gaining around 1.5% on support of uniform buying in
most segments while Rupee appreciation too aided the sentiments after Fed
Chair Yellens comments on their monetary policy. Nifty future on weekly
charts is near to the upper band of channel pattern and 7860 may act as
crucial point for the index sustaining above which can lead it towards the
important mark of 8000. On lower side, 7600 may provide immediate
support to nifty while any closing below it can drag the index lower. In the
coming week, key event to focus is RBI Monetary Policy on April 5.

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Indices Change
INDEX

VALUE

PTS

SENSEX

25337

385

1.51

NIFTY

7716

112

1.45

BANK NIFTY

15887

233

1.46

INDIA VIX

16.34

-0.04

-0.24

ADANIENT

76.00

P.
Close
68.30

ABB

1291.2

1176.1

DEN NETWORKS

98.85

SYNDICATE BANK
BALRAMCHIN

Price

DII

(Figures are in Rs. cr.)

(Figures are in Rs. cr.)

28-MARCH-16

2042.94

-2494.44

29-MARCH-16

513.45

-556.69

30-MARCH-16

1442.47

-396.90

31-MARCH-16

4056.62

-2890.57

01-APRIL-16

214.04

-519.91

Top Nifty Losers ( Weekly)

Top Nifty Gainers (Weekly)

Scrip

FII

DATE

Scrip

Price

P. Close

POLARIS

189.55

212.95

10.99

9.79

NATCO PHARMA

415.85

466.05

10.77

90.05

9.77

VEDANTA

90.20

96.15

6.19

71.25

65.05

9.53

FEDERAL BANK

46.75

49.80

6.12

108.90

99.85

9.06

JSW ENERGY

68.00

72.30

5.95

11.27

CALLS OF THE COMMENTS

WEEK

BIOCON(EQ)

BUY

ABOVE 495.80 TARGETS 506-520 SL 482.

HEXAWARE(EQ)

BUY

ABOVE 273.60 TARGETS 280-287 SL 262.

LAST UPDATE

CHENNPETRO EQ BUY CALL NOT EXECUTED

LAST UPDATE

MCLEODRUSS EQ BUY CALL FINAL TARGET ACHIEVED.

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WEEKLY
PICK
NIFTY FUT.

TECHNICAL VIEW

INDUSINDBANK EQ ON WEEKLY CHARTS CLOSED AROUND THE STRONG

RESISTANCE AND SO IS EXPECTED TO GIVE POSITIVE BREAKOUT.
BUY ABOVE 973.35 TARGETS 1005-1040. MAINTAIN SL OF 930.

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DISCLAIMER

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