You are on page 1of 6

Money Trend

14 July 2015

CNX Nifty

CMP 8460

Daily Chart

Synopsis

. Index opened with a flat bias, gathered support around
8355 & rebounded upto 8470, ending 1.2% positive for the
day.

Till Index holds 8410-8420, rebound upto 8530-8540 would
be witnessed.

At Higher levels around 8540, resistance would be
witnessed & selling pressure may re-emerge.

If we break & trade below 8410 would lead to a retest of
support zone of 8360-8330.

Close

R1

R2

R3

S1

S2

S3

8459

8494

8534

8570

8409

8375

8330

Bank Nifty Spot

CMP 18893

Daily Chart

Synopsis

Post opening and an initial upmove upto 18625-18670, Till
Index does not cross the resistance zone of 18680-18710,
support zone of 18100-18150 would be retested.

Only on a cross-over of 18710, it will witness shortcovering upto 18900-19000.

Break of 18100 would lead to a steep fall upto 1785017680.

Close

R1

R2

R3

S1

S2

18893

19,030

19,170

19,340

18,750

18,590

S3
18,410

Aditya Birla Money Limited
Cello Triumph, Unit No. 502-503 & 505 | I. B. Patel Road | off W.E. Highway | Goregaon (East) | Mumbai - 400063 | Tel: +91 22 61802800

Page No: 1

Unit No. If stock opens below Pivot point then go SHORT and keep RB1 as the stop loss for a possible target of SB1 / SB2 Aditya Birla Money Limited Cello Triumph.Money Trend 14 July 2015 PIVOT POINTS – Cash levels Scrip Name Close RB2 RB1 PP SB1 SB2 Scrip Name Close RB2 RB1 PP SB1 SB2 NIFTY 8459 8589 8500 8428 8357 8268 CANBK 298 306 300 296 292 287 BANKNIFTY 18893 19202 18994 18826 18658 18450 CENTURYTEX 722 744 729 717 705 690 CNXIT 10998 11186 11055 10950 10844 10713 CESC 557 576 566 558 549 539 ABAN 277 291 284 279 274 268 CHAMBLFERT 59 61 59 59 58 57 1393 1423 1405 1389 1374 1355 CHENNPETRO 181 188 184 181 178 174 182 190 185 181 177 172 CIPLA 661 677 667 659 651 641 ABIRLANUVO 1921 1997 1949 1911 1872 1824 COALINDIA 420 428 423 419 416 411 ACC 1475 1504 1489 1476 1463 1448 COLPAL 2008 2045 2025 2008 1992 1971 ADANIENT 91 93 92 90 89 87 CONCOR 1724 1765 1743 1725 1707 1685 ADANIPOWER 29 29 29 29 28 28 CROMPGREAV 190 198 194 190 186 181 ALBK 93 95 94 92 91 89 CUMMINSIND 965 996 977 962 947 928 AMBUJACEM 248 256 250 246 241 235 DABUR 286 294 289 285 281 276 ANDHRABANK 72 74 73 72 70 69 DENABANK 44 45 45 44 44 44 AIL 770 785 777 770 764 756 DISHTV 109 115 111 108 104 100 APOLLOTYRE 183 192 186 181 175 169 DIVISLAB 1882 1917 1895 1878 1861 1839 ALSTOMT&D 595 607 601 596 591 585 DLF 115 118 117 115 114 112 ASHOKLEY 73 75 74 72 71 70 DRREDDY 3758 3873 3805 3750 3695 3627 ASIANPAINT 818 839 825 814 803 789 ESSAROIL 197 209 202 196 190 183 1494 1548 1511 1481 1451 1414 EXIDEIND 154 157 155 154 152 150 582 597 587 579 570 560 FEDERALBNK 78 82 79 78 76 74 BAJAJ-AUTO 2497 2576 2524 2481 2439 2387 FINANTECH 156 163 159 157 154 151 BALRAMCHIN 44 46 45 44 43 42 FORTIS 181 194 186 179 172 164 BANKBARODA 156 160 158 156 155 153 GAIL 373 387 377 370 362 352 BANKINDIA 183 188 185 182 180 176 GESHIP 348 359 353 347 342 336 3450 3507 3473 3446 3418 3384 GLAXO 3410 3476 3439 3409 3380 3343 BGRENERGY 125 130 127 125 122 120 GMDCLTD 94 99 96 94 92 90 BHARATFORG 1124 1191 1143 1105 1067 1020 GMRINFRA 15 15 15 15 14 14 BHARTIARTL 424 434 428 423 419 413 GODREJIND 377 388 380 375 369 362 BHEL 269 276 272 268 265 261 GRASIM 3632 3728 3669 3621 3573 3514 BHUSANSTL 68 75 72 69 67 63 GSPL 126 132 128 125 122 118 BIOCON 471 482 475 470 465 459 HAVELLS 298 303 300 297 295 292 23497 24266 23756 23343 22930 22420 HCLTECH 961 992 970 953 935 914 BPCL 909 948 922 901 880 854 HDFC 1324 1373 1339 1311 1283 1249 BRFL 138 145 141 138 136 132 HDFCBANK 1096 1125 1109 1096 1083 1067 CAIRN 172 179 175 172 168 164 HDIL 91 96 93 90 88 85 ABB ABGSHIP AUROPHARMA AXISBANK BEL BOSCHLTD PP= Pivot Point RB1= Fibonacci Resistance 1 RB2=Fibonacci resistance 2 SB1= Fibonacci support 1 SB2= Fibonacci support 2 How to trade Pivot points: If stock opens above Pivot point then go LONG. B. Patel Road | off W. and keep SB1 as the stop loss for a possible target of RB1 / RB2.E. 502-503 & 505 | I.400063 | Tel: +91 22 61802800 Page No: 2 . Highway | Goregaon (East) | Mumbai .

B.400063 | Tel: +91 22 61802800 Page No: 3 . and keep SB1 as the stop loss for a possible target of RB1 / RB2.Money Trend 14 July 2015 Scrip Name Close RB2 RB1 PP SB1 SB2 Scrip Name Close RB2 RB1 PP SB1 SB2 HEROMOTOCO 2600 2668 2623 2586 2550 2505 M&M 1268 1293 1276 1264 1251 1235 HEXAWARE 265 278 269 261 254 244 MARUTI 4035 4143 4067 4005 3943 3867 HINDALCO 107 112 108 105 102 99 MCDOWELL-N 3473 3540 3504 3475 3446 3410 HINDPETRO 821 843 828 817 805 791 MCLEODRUSS 228 236 232 228 225 221 HINDUNILVR 911 938 920 905 890 872 MPHASIS 403 413 408 403 399 394 HINDZINC 160 163 161 159 157 155 MRPL 74 77 76 75 74 72 IBREALEST 57 59 58 56 55 53 ADANIPORTS 321 331 324 319 314 307 ICICIBANK 316 322 318 315 313 309 NCC 81 83 82 80 79 78 M&MFIN 278 288 282 277 272 266 NATIONALUM 39 40 39 39 38 38 IDBI 66 69 67 66 64 63 NEYVELILIG 83 85 84 83 82 81 IDEA 175 179 177 175 174 172 NTPC 133 138 135 132 129 126 IDFC 156 160 158 155 153 150 OFSS 3846 3957 3888 3832 3776 3706 IFCI 28 29 28 27 27 26 ONGC 291 303 296 291 286 280 INDHOTEL 95 98 96 95 93 91 ONMOBILE 105 115 108 102 97 89 INDIACEM 94 98 96 94 93 91 ORIENTBANK 186 192 189 186 183 179 INDIANB 137 141 139 138 136 134 PETRONET 190 195 192 190 188 185 INDUSINDBK 924 961 936 916 895 870 PFC 262 267 264 261 259 255 INFY 950 975 959 946 933 917 PEL 954 986 968 953 938 919 IOB 39 39 39 39 38 38 PNB 145 150 148 146 143 141 IOC 425 438 431 425 419 412 POLARIS 167 172 169 166 164 161 ITC 315 324 318 313 309 303 POWERGRID 140 144 141 139 137 135 JETAIRWAYS 339 361 348 337 326 313 PTC 73 76 74 72 70 68 JINDALSAW 68 72 70 68 66 64 RCOM 67 70 68 67 66 65 JINDALSTEL 84 90 87 85 82 80 RECLTD 287 291 289 286 284 281 JISLJALEQS 73 76 74 73 72 70 RELCAPITAL 373 384 377 371 366 359 JSWSTEEL 835 860 844 832 819 803 RELIANCE 1007 1029 1016 1005 994 981 KOTAKBANK 715 732 721 712 703 691 RELINFRA 414 434 422 413 403 391 KTKBANK 153 160 155 152 148 143 ROLTA 100 102 101 100 100 99 LICHSGFIN 463 480 469 461 452 441 SAIL 58 62 60 58 57 55 L&TFH 71 73 72 71 70 69 SBIN 274 281 276 272 268 263 LT 1858 1910 1883 1861 1838 1811 SIEMENS 1462 1504 1479 1459 1439 1413 LUPIN 1889 1924 1902 1883 1865 1842 SINTEX 102 107 104 102 100 97 PP= Pivot Point RB1= Fibonacci Resistance 1 RB2=Fibonacci resistance 2 SB1= Fibonacci support 1 SB2= Fibonacci support 2 How to trade Pivot points: If stock opens above Pivot point then go LONG. 502-503 & 505 | I. If stock opens below Pivot point then go SHORT and keep RB1 as the stop loss for a possible target of SB1 / SB2 Aditya Birla Money Limited Cello Triumph. Highway | Goregaon (East) | Mumbai . Patel Road | off W. Unit No.E.

Unit No. and keep SB1 as the stop loss for a possible target of RB1 / RB2. Highway | Goregaon (East) | Mumbai . If stock opens below Pivot point then go SHORT and keep RB1 as the stop loss for a possible target of SB1 / SB2 Aditya Birla Money Limited Cello Triumph. B. Patel Road | off W. 502-503 & 505 | I.E.400063 | Tel: +91 22 61802800 Page No: 4 .Money Trend Scrip Name 14 July 2015 Close RB2 RB1 PP SB1 SB2 Scrip Name Close RB2 RB1 PP SB1 SB2 SOBHA 364 381 372 365 359 350 UCOBANK 54 55 55 54 54 53 SRTRANSFIN 925 983 956 935 913 886 UNIONBANK 171 178 174 170 167 162 SUNPHARMA 916 941 927 916 906 892 UPL 521 539 528 519 510 499 SUNTV 278 293 285 279 273 265 UNITECH 8 8 8 8 8 7 SYNDIBANK 105 108 106 105 104 102 VIDEOIND 157 162 158 156 153 150 TATACHEM 444 456 448 441 434 426 VIJAYABANK 41 42 41 41 41 40 TATACOMM 464 481 471 463 455 444 VOLTAS 310 324 316 310 304 296 TATAGLOBAL 137 141 138 136 134 131 WELCORP 130 139 133 128 123 117 TATAMOTORS 402 415 408 402 396 389 WIPRO 560 575 565 557 549 539 TATAPOWER 73 74 73 72 71 70 YESBANK 815 852 827 808 788 763 TATASTEEL 284 292 287 283 279 274 ZEEL 374 398 383 371 359 344 TCS 2510 2561 2528 2501 2474 2441 TECHM 476 484 479 474 470 464 TITAN 357 364 360 356 352 348 PP= Pivot Point RB1= Fibonacci Resistance 1 RB2=Fibonacci resistance 2 SB1= Fibonacci support 1 SB2= Fibonacci support 2 How to trade Pivot points: If stock opens above Pivot point then go LONG.

gardas@adityabirla.com Pradeep Parkar Database Analyst 022-61802839 pradeep. Patel Road | off W.com Sudeep Shah Sr. Unit No. 502-503 & 505 | I. Technical Analyst 022-61802837 sudeep.Money Trend 14 July 2015 Research Team Vivek Mahajan Hemant Thukral Head of Research Head – Derivatives Desk 022-61802820 022-61802870 vivek. B.com Mohan Jaiswal Executive – Research Support 022-61802838 mohan.vora@adityabirla.thukral@adityabirla.m@adityabirla.com hemant.mahajan@adityabirla.com Suresh Gardas Advisory Desk 022-61802835 suresh.com Rahil Vora Technical Analyst 022-61802834 rahil.shah@adityabirla.E. Highway | Goregaon (East) | Mumbai .com Soni Patnaik Derivative Analyst 022-61802832 soni.patnaik@adityabirla.agrawal@adityabirla.com Fundamental Team Sunny Agrawal FMCG/Cement/Mid Caps 022-61802831 sunny.jaiswal@adityabirla.com Quantitative Team Advisory Support ABML research is also accessible in Bloomberg at ABMR Aditya Birla Money Limited Cello Triumph.400063 | Tel: +91 22 61802800 Page No: 5 .com Shreyans Mehta Construction/Real Estate 022-61802829 shreyans.parkar@adityabirla.

Persons into whose possession this document may come are required to observe these restrictions. The investment may not be suited to all the categories of investors.Money Trend 14 July 2015 Disclaimer: This document is not for public distribution and is meant solely for the personal information of the authorised recipient. B. The information . transmitted. Aditya Birla Money Limited. registration or other legal requirements. 502-503 & 505 | I. tax or investment advice. its associate and group companies. or a solicitation of any type. tax and financial advice and assessment of their risk profile and financial condition before considering any decision. Aditya Birla Money Limited Cello Triumph. views contained in this document are as per prevailing conditions and are of the date of appearing on this material only and are subject to change. distributed or reproduced in any form to any other person. Highway | Goregaon (East) | Mumbai . or an opinion regarding the appropriateness of any investment. opinion.E. Neither Aditya Birla Money Limited (ABML) nor any person connected with it accepts any liability or loss arising from the use of this document. associates. No reliance may be placed for any purpose whatsoever on the information contained in this document or on its completeness. No part of the information must be altered. legal. employees from time to time may have various interests/ positions in any of the securities of the Company(ies) mentioned therein or be engaged in any other transactions involving such securities or otherwise in other securities of the companies / organisation mentioned in the document or may have other potential conflict of interest with respect of any recommendation and / related information and opinions. verification and amendment and such information may change materially. completion.400063 | Tel: +91 22 61802800 Page No: 6 . Patel Road | off W. revision. Unit No. This document is for general information purposes only and does not constitute an investment advice or an offer to sell or solicitation of an offer to buy / sell any security and is not intended for distribution in countries where distribution of such material is subject to any licensing. The recipients should therefore obtain your own professional. copied. The views and opinions expressed herein by the author in the document are his own and do not reflect the views of Aditya Birla Money Limited or any of its associate or group companies. Past performance is no guarantee and does not indicate or guide to future performance. its directors. The contents in this document are intended for general information purposes only. Nothing in this document is intended to constitute legal. This document or information mentioned therefore should not form the basis of and should not be relied upon in connection with making any investment. The information set out herein may be subject to updating.